v3.25.1
Leases (Tables)
 12 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Costs and Other Information of Lease
The components of lease costs and other information related to leases from continuing operations were as follows:
Year Ended March 31,
202520242023
(in thousands, except years and percentages)
Operating lease cost$9,200 $9,259 $9,820 
Variable lease cost4,784 3,496 4,681 
Total lease cost$13,984 $12,755 $14,501 
Cash paid for amounts included in the measurement of operating lease liabilities, net$10,141 $10,726 $10,801 
Weighted average remaining lease term (years)6.37.38.3
Weighted average discount rate7 %8 %7 %
Schedule of Future Minimum Lease Payments Related to Company's Operating Lease Liability
As of March 31, 2025, the future minimum lease payments included in the measurement of the Company’s operating lease liabilities for both continuing and discontinued operations were as follows:
As of March 31, 2025
(in thousands)
Years ending March 31,
2026$16,528 
202715,472 
202811,666 
202912,016 
203012,376 
Thereafter17,038 
Total future operating lease payments85,096 
Less: imputed interest(16,668)
Total operating lease liabilities(1)
$68,428 
(1)This balance includes $60.9 million of operating lease liabilities included within liabilities subject to compromise, and $7.5 million of current and noncurrent operating lease liabilities included within total liabilities not subject to compromise, as they are substantially covered by the letters of credit associated with the Company’s Sunnyvale Facility, as reflected on the consolidated balance sheets.