Leases (Tables)

9 Months Ended

Dec. 31, 2021

Leases [Abstract]

Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet information related to the Company’s operating leases:

	December 31, 2021		March 31, 2021
	(in thousands)
Assets
Operating lease right-of-use assets in other assets	$	9,069	$	6,109
Liabilities
Operating lease liabilities in other current liabilities		2,587		2,459
Operating lease liabilities in other long-term liabilities		6,447		3,657
Total operating lease liabilities	$	9,034	$	6,116

Future Minimum Lease Payments Under Non-cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases as of December 31, 2021 are as follows:

(in thousands, except lease term and discount rate)
Fiscal Years Ending March 31,
2022 (excluding the 9 months ended December 31, 2021)	$	731
2023		2,617
2024		2,375
2025		1,610
2026		1,020
Thereafter		1,026
Total future minimum lease payments		9,379
Less: present value adjustment		(345	)
Total operating lease liabilities		9,034
Less: operating lease liabilities in other current liabilities		(2,587	)
Operating lease liabilities in other long-term liabilities	$	6,447
Weighted average remaining lease term		4.61
Weighted average discount rate		1.60	%