Leases (Tables)

12 Months Ended

Mar. 31, 2022

Leases [Abstract]

Summary of Components of Lease Expenses

The components of lease expenses are as follows:

	March 31, 2022		March 31, 2021		March 31, 2020
Operating lease expense	$	13,768,000	$	15,591,000	$	14,992,000
Finance lease expense		98,000		77,000		—
Short-term lease expense		13,000		174,000		323,000
Variable lease expense		495,000		328,000		124,000
Total lease expenses	$	14,374,000	$	16,170,000	$	15,439,000

Summary of Lease Related Assets and Liabilities Recorded in Balance Sheet Related to Operating Leases

The following table presents assets and liabilities recorded on the Company’s consolidated balance sheets related to its operating leases:

	March 31, 2022			March 31, 2021
Right-of-use asset, net	$	35,020,000		$	45,324,000
Short-term lease liability	$	13,348,000		$	12,765,000
Long-term lease liability		29,792,000			41,898,000
Total lease liabilities	$	43,140,000		$	54,663,000
Weighted average remaining lease term	4.32 years			5.42 years
Weighted average finance lease term	3.25 years			4.25 years
Weighted average discount rate		2.6	%		3.9	%

Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases for fiscal years ended March 31, 2022 and 2021 were as follows:

	March 31, 2022		March 31, 2021
Cash paid for amounts included in the measurement    of operating lease liabilities	$	15,001,000	$	15,218,000
Operating lease liabilities arising from obtaining ROU assets	$	54,311,000	$	59,145,000
Finance lease liabilities arising from obtaining ROU assets	$	358,000	$	358,000
Reductions to ROU assets resulting from reductions to    operating lease liabilities	$	1,550,000	$	36,145,000

Summary of Maturities of Operating and Financing Lease Liabilities

As of March 31, 2022, maturities of operating and financing lease liabilities for each of the next five years and thereafter are as follows:

2023	$	14,165,000
2024		9,658,000
2025		7,430,000
2026		5,253,000
2027		3,629,000
Thereafter		5,861,000
Total lease payments		45,996,000
Less interest		(2,856,000	)
Total lease liabilities	$	43,140,000