v3.26.1
Leases
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The components of lease expense were as follows (in thousands):
Year Ended March 31,
202620252024
Operating lease expense$10,868 $11,631 $10,934 
Variable lease expense$3,912 $3,932 $3,690 
The supplemental cash flow information related to leases was as follows (in thousands):
Year Ended March 31,
202620252024
Cash outflows from operating leases$13,680 $14,590 $14,634 
Right-of-use assets obtained in exchange for operating lease obligations$— $1,954 $2,311 
Short-term lease expense was immaterial during the years ended March 31, 2026, 2025, and 2024, respectively.
The following table presents supplemental lease information:
March 31, 2026March 31, 2025
Weighted average remaining lease term4.5 years5.4 years
Weighted average discount rate4.6%4.7%
The following table presents maturity of lease liabilities under the Company's non-cancellable operating leases as of March 31, 2026:
2027$12,253 
202811,509 
202911,397 
203011,408 
20317,940 
Total lease payments54,507 
Less: imputed interest(5,050)
Present value of lease liabilities$49,457 
Operating lease liabilities10,357 
Operating lease liabilities, non-current$39,100 
The Company continues to evaluate its leases for potential impairments, noting no impairments during the years ended March 31, 2026 and 2025, respectively.