v3.26.1
Leases (Tables)
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Balance Sheet Information
Supplemental balance sheet information related to leases as of March 31, 2026 and March 31, 2025 is as follows (in thousands):
 ClassificationMarch 31, 2026March 31, 2025
Assets
Operating lease assets Other assets$61,703 $54,157 
Total leased assets$61,703 $54,157 
Liabilities
Current
Operating Accrued expenses and other current liabilities$7,624 $7,621 
Noncurrent
Operating Long-term operating lease obligations69,928 48,721 
Total lease liabilities$77,552 $56,342 
Schedule of Components of Lease Expense
For the fiscal years ended March 31, 2026, March 31, 2025 and March 31, 2024, the components of operating and finance lease costs were as follows (in thousands):
Fiscal year ended March 31,
 Classification202620252024
Operating lease cost Selling, general and administrative (“SG&A”) expenses$16,085 $12,752 $7,341 
Amortization of leased assetsSG&A expenses— — 210 
Interest on lease liabilitiesInterest expense, net— — 10 
Total lease cost$16,085 $12,752 $7,561 
As of March 31, 2026 and March 31, 2025, the weighted-average remaining lease term (in years) and discount rate were as follows:
 March 31, 2026March 31, 2025
Weighted-average remaining lease term
Operating leases7.9 years7.9 years
Weighted-average discount rate
Operating leases6.3 %6.0 %
Schedule of Maturities of Operating Lease Liabilities
As of March 31, 2026, the aggregate future minimum lease payments under non-cancellable operating leases presented in accordance with ASC 842 are as follows (in thousands):
Year ending March 31,
2027$11,490 
202811,541 
202912,809 
203012,103 
203112,627 
Thereafter39,907 
Total lease payments100,477 
Less: Interest(22,925)
Present value of operating lease liabilities$77,552 
Schedule of Maturities of Finance Lease Liabilities
As of March 31, 2026, the aggregate future minimum lease payments under non-cancellable operating leases presented in accordance with ASC 842 are as follows (in thousands):
Year ending March 31,
2027$11,490 
202811,541 
202912,809 
203012,103 
203112,627 
Thereafter39,907 
Total lease payments100,477 
Less: Interest(22,925)
Present value of operating lease liabilities$77,552