v3.25.2
Leases (Tables)
 3 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense for the three months ended June 30, 2025 and 2024 were as follows:
Three Months Ended June 30,
(In thousands)20252024
Finance lease cost:
     Amortization of right-of-use assets$820 $665 
     Interest on lease liabilities360 9 
Operating lease cost1,938 1,704 
Short term lease cost34 32 
Variable lease cost4,826 16,423 
Total net lease cost$7,978 $18,833 
The weighted average remaining lease term and weighted average discount rate were as follows:
June 30, 2025
Weighted average remaining lease term (years)
Operating leases4.55
Finance leases7.87
Weighted average discount rate
Operating leases6.57 %
Finance leases6.32 %
Schedule of Maturities of Operating Leases
As of June 30, 2025, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2026 (remaining nine months ending March 31, 2026)$5,722 $2,907 $8,629 
20277,270 3,875 11,145 
20286,867 3,875 10,742 
20295,577 3,869 9,446 
20305,179 3,366 8,545 
Thereafter1,212 10,657 11,869 
Total undiscounted lease payments31,827 28,549 60,376 
Less amount of lease payments representing interest(4,358)(6,043)(10,401)
Total present value of lease payments$27,469 $22,506 $49,975 
Schedule of Maturities of Finance Leases
As of June 30, 2025, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2026 (remaining nine months ending March 31, 2026)$5,722 $2,907 $8,629 
20277,270 3,875 11,145 
20286,867 3,875 10,742 
20295,577 3,869 9,446 
20305,179 3,366 8,545 
Thereafter1,212 10,657 11,869 
Total undiscounted lease payments31,827 28,549 60,376 
Less amount of lease payments representing interest(4,358)(6,043)(10,401)
Total present value of lease payments$27,469 $22,506 $49,975