v3.26.1
Leases
 3 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
The Company leases office space under non-cancelable operating leases which expire at various dates from fiscal 2027 to 2037. As of June 30, 2026, the weighted average remaining lease term was 7.8 years and the weighted average discount rate was 4.0%. The Company did not have any finance leases as of June 30, 2026.
The following table presents information about leases reflected in the condensed consolidated statements of operations (in thousands):
Three Months Ended June 30,

20262025
Operating lease expense$5,252 $3,883 
Short-term lease expense$351 $687 
Variable lease expense $519 $295 

The following table presents supplemental cash flow information about the Company’s leases (in thousands):
Three Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities6,775 4,145 
Operating lease assets obtained in exchange for new operating lease liabilities (1)
970 12,280 
_________________
(1) Includes the impact of new leases as well as remeasurements and modifications of existing leases.
As of June 30, 2026, remaining maturities of lease liabilities were as follows (in thousands):
Fiscal Years Ending March 31,Amount
2027$21,753 
202825,685 
202923,975 
203022,608 
203120,072 
Thereafter71,135 
Total operating lease payments 185,228 
Less: imputed interest(25,955)
Total operating lease liabilities$159,273 

As of June 30, 2026, the Company had commitments of $4.3 million for operating leases that have not yet commenced, and therefore are not included in the right-of-use assets or operating lease liabilities. These operating leases are expected to commence during fiscal year 2027 with lease terms ranging from two to five years.
Leases Leases
The Company leases office space under non-cancelable operating leases which expire at various dates from fiscal 2027 to 2037. As of June 30, 2026, the weighted average remaining lease term was 7.8 years and the weighted average discount rate was 4.0%. The Company did not have any finance leases as of June 30, 2026.
The following table presents information about leases reflected in the condensed consolidated statements of operations (in thousands):
Three Months Ended June 30,

20262025
Operating lease expense$5,252 $3,883 
Short-term lease expense$351 $687 
Variable lease expense $519 $295 

The following table presents supplemental cash flow information about the Company’s leases (in thousands):
Three Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities6,775 4,145 
Operating lease assets obtained in exchange for new operating lease liabilities (1)
970 12,280 
_________________
(1) Includes the impact of new leases as well as remeasurements and modifications of existing leases.
As of June 30, 2026, remaining maturities of lease liabilities were as follows (in thousands):
Fiscal Years Ending March 31,Amount
2027$21,753 
202825,685 
202923,975 
203022,608 
203120,072 
Thereafter71,135 
Total operating lease payments 185,228 
Less: imputed interest(25,955)
Total operating lease liabilities$159,273 

As of June 30, 2026, the Company had commitments of $4.3 million for operating leases that have not yet commenced, and therefore are not included in the right-of-use assets or operating lease liabilities. These operating leases are expected to commence during fiscal year 2027 with lease terms ranging from two to five years.