The Company is, from time to time, party to legal proceedings and subject to claims in the ordinary course of business. Although the outcome of legal proceedings and claims cannot be predicted with certainty, the Company currently believes that the resolution of any such matters will not have a material adverse effect on its business, operating results, financial condition, or cash flows.

The Company’s purchase obligations are primarily related to cloud-based hosting costs, business technology software and support, and sales and marketing activities. As of March 31, 2026, the future minimum payments for the Company’s purchase obligations were as follows (in thousands):


Fiscal Years Ending March 31,	Amount
2027	$	152,459
2028	164,767
2029	103,787
2030	104,315
Total purchase obligations	$	525,328