v3.26.1
Leases (Tables)
12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Supplemental Balance Sheet Information Related To Leases
The following table presents lease assets and liabilities and their balance sheet classification:
Classification
As of
March 31, 2026
As of
March 31, 2025
Operating Leases:
Right-of-use assetsOther assets$70,655 $83,635 
Operating lease current liabilitiesAccrued expenses24,976 22,357 
Operating lease non-current liabilitiesOther liabilities52,377 67,033 
Finance Leases:
Right-of-use assetsProperty, plant, and equipment, net$3,346 $915 
Finance lease current liabilitiesCurrent portion of finance leases998 265 
Finance lease non-current liabilitiesFinance leases2,350 592 
Components Of Lease Expense
The components of lease expense for the fiscal years ended March 31, 2026 and March 31, 2025 were as follows:
ClassificationMarch 31, 2026March 31, 2025
Operating Leases:
Operating lease costOperating expenses$29,232 $27,040 
Variable lease costOperating expenses6,905 6,338 
Short term lease costOperating expenses15,733 16,573 
Finance Leases:
DepreciationOperating expenses$911 $282 
Interest expenseInterest expense158 66 
Total$52,939 $50,299 
Weighted Average Lease Term And Discount Rates
The following table presents the weighted average lease term and discount rates for leases as of March 31, 2026 and March 31, 2025:
March 31, 2026
March 31, 2025
Operating Leases:
Weighted average remaining lease term (years)4.4 years5.1 years
Weighted average discount rate5.66%6.06%
Finance Leases:
Weighted average remaining lease term (years)3.6 years3.2 years
Weighted average discount rate5.29%7.07%
Maturity Of Operating Lease Liability
The following table presents future payments due under leases reconciled to lease liabilities as of March 31, 2026:
Finance LeasesOperating Leases
Year ended March 31,
2027$1,141 $28,942 
20281,052 24,058 
2029754 17,047 
2030483 9,222 
2031215 5,156 
Thereafter— 6,727 
Total undiscounted lease payments3,645 91,152 
Present value discount296 13,798 
Lease liability$3,349 $77,354 
Maturity Of Finance Lease Liability
The following table presents future payments due under leases reconciled to lease liabilities as of March 31, 2026:
Finance LeasesOperating Leases
Year ended March 31,
2027$1,141 $28,942 
20281,052 24,058 
2029754 17,047 
2030483 9,222 
2031215 5,156 
Thereafter— 6,727 
Total undiscounted lease payments3,645 91,152 
Present value discount296 13,798 
Lease liability$3,349 $77,354 
Supplemental Cash Flow Information Related To Leases
The following table presents supplemental disclosures of cash flow information related to leases for the fiscal years ended March 31, 2026 and March 31, 2025:
March 31, 2026March 31, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$156 $64 
Operating cash flows from operating leases29,915 26,022 
Financing cash flows from finance leases878 268 
Supplemental non-cash information on lease liabilities arising from right-of-use assets:
Right-of-use assets obtained in exchange for new finance lease liabilities$2,338 $302 
Right-of-use assets obtained in exchange for new operating lease liabilities13,651 28,184