The Company is a lessee in various non-cancelable operating leases, primarily real estate facilities for office space. As of March 31, 2026, the Company's lease arrangements are comprised of operating leases with various expiration dates through August 31, 2036. The lease term for all of the Company’s leases includes the non-cancelable period of the lease. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the Company's determination of the duration of the lease arrangement. The Company's leases do not contain any material residual value guarantees.

The total operating lease costs including short-term lease costs were $19.1 million, $19.3 million and $19.5 million for the years ended March 31, 2026, 2025, and 2024, respectively. Total variable lease costs were not material during the years ended March 31, 2026, 2025 and 2024. The total operating and variable lease costs were included in cost of goods sold, marketing and selling, research and development, and general and administrative in the Company's consolidated statements of operations.


	Years Ended March 31,
	2026		2025		2024
Cash paid for amounts included in the measurement of operating lease liabilities	$	18,056	$	16,847	$	13,489
ROU assets obtained in exchange for operating lease liabilities	$	6,902	$	26,767	$	8,593

Future lease payments included in the measurement of operating lease liabilities as of March 31, 2026 for the following five fiscal years and thereafter are as follows (in thousands):


Years Ending March 31,
2027	$	18,222
2028	14,786
2029	14,242
2030	12,261
2031	10,496
Thereafter	29,549
Total lease payments	$	99,556
Less: imputed interest	(11,401)
Present value of lease liabilities	$	88,155