v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income Per Common Share
The following table sets forth the reconciliation of basic and diluted net income per common share:
 Year Ended March 31,
 202620252024
Net income$70,657 $76,106 $168,906 
Basic net income per common share:
Basic weighted average shares outstanding43,976 43,850 43,885 
Basic net income per common share$1.61 $1.74 $3.85 
Diluted net income per common share:
Basic weighted average shares outstanding43,976 43,850 43,885 
Dilutive effect of potential common shares678 1,337 1,215 
Diluted weighted average shares outstanding44,654 45,187 45,100 
Diluted net income per common share$1.58 $1.68 $3.75 
Schedule of of Financial Instruments Measured at Fair value The following table summarizes the composition of our financial liabilities measured at fair value as of March 31, 2025:
Level 1Level 2Level 3Total
Contingent consideration$— $— $873 $873 
Schedule of Recently Adopted Accounting Standards / Recently Issued Accounting Standards Not Yet Adopted
Recently Adopted Accounting Standards
StandardDescriptionEffective DateEffect on the Consolidated Financial Statements (or Other Significant Matters)
Accounting Standards Update ("ASU") No. 2023-09 (Topic 740): Income TaxesIn December 2023, the Financial Accounting Standards Board ("FASB") issued a new standard to improve income tax disclosures. The standard requires greater disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid.We adopted this standard as of April 1, 2025.This standard resulted in additional annual tax disclosures. This standard did not have a significant impact on our results of operations, cash flows, or financial condition.
ASU No. 2025-05 (Topic 326): Financial Instrument - Credit LossesIn July 2025, the FASB issued a new standard to simplify the estimation of credit losses. The standard provides a practical expedient for measuring expected credit losses on current accounts receivable and current contract assets arising under ASC 606, Revenue from Contracts with Customers.We early adopted this standard as of April 1, 2025 and elected to apply the related practical expedient.This standard did not have a significant impact on our results of operations, cash flows, financial condition, or disclosures.
Recently Issued Accounting Standards Not Yet Adopted

StandardDescriptionEffective DateEffect on the Consolidated Financial Statements (or Other Significant Matters)
ASU No. 2024-03 (Subtopic 220-40): Disaggregation of Income Statement ExpensesIn November 2024, the FASB issued a new standard to improve income statement expense disclosures. The standard requires greater disaggregated information on certain expense captions, as well as disclosures about selling expenses.This standard will be effective for us for our annual period beginning April 1, 2027 and interim periods beginning April 1, 2028, with early adoption permitted.We are currently evaluating the impact of this standard on our consolidated financial statements and disclosures.