v3.26.1
Leases (Tables)
12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Components of Operating Lease Expense
The components of operating lease expense for the Company were as follows (in thousands):
Years Ended March 31,
202620252024
Operating lease cost$16,023 $11,632 $10,648 
Short-term lease cost519 514 64 
Variable lease cost1,766 1,344 1,107 
Total operating lease cost$18,308 $13,490 $11,819 
Schedule of Operating Lease Right-of-use Assets and Lease Liabilities
Information related to the Company’s operating lease right-of-use assets and lease liabilities was as follows (in thousands, except periods and percentages):
Years Ended March 31,
202620252024
Cash paid for operating lease liabilities$10,393 $10,263 $11,561 
Operating lease right-of-use assets obtained in exchange for operating lease liabilities$9,605 $51,364 $719 
March 31, 2026March 31, 2025March 31, 2024
Weighted average remaining lease term (in years)11.711.78.0
Weighted average discount rate7.4%7.4%7.1%
Schedule of Maturities of Operating Lease Liabilities
As of March 31, 2026, maturities of operating lease liabilities were as follows (in thousands):
Years Ending March 31,
2027$11,716 
202815,434 
202915,601 
203014,841 
203115,046 
Thereafter94,356 
Total lease payments166,994 
Less: present value adjustment(59,331)
Less: tenant improvement allowance(225)
Total lease liabilities$107,438