LEASES (Tables)
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3 Months Ended |
Jun. 30, 2026 |
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| Leases [Abstract] |
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| Schedule of Right-of-use Asset, Lease Liability Balances and Lease Cost |
Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | March 31, 2026 | | Right-of-use assets included in other assets, net | | $ | 20,583 | | | $ | 16,159 | | | Short-term lease liabilities included in other accrued expenses | | $ | 10,779 | | | $ | 9,667 | | | Long-term lease liabilities included in other liabilities | | $ | 22,339 | | | $ | 19,898 | | | | | | | | Supplemental balance sheet information: | | | | | | Weighted average remaining lease term | | 3.6 years | | 3.5 years | | Weighted average discount rate | | 5.7 | % | | 5.5 | % |
The components of lease cost, net for the three months ended June 30, 2026 and 2025, respectively, were as follows (dollars in thousands): | | | | | | | | | | | | | | | | | For the three months ended June 30, | | | 2026 | | 2025 | | Operating lease costs | | $ | 2,100 | | | $ | 1,884 | | | Operating sublease income | | 511 | | | 456 | | | Total leases costs, net | | $ | 1,589 | | | $ | 1,428 | |
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| Schedule of Future Minimum Payments under all Operating Leases |
The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less) as of June 30, 2026. The amount for fiscal 2027 represents the remaining nine months ending March 31, 2027. All other periods represent fiscal years ending March 31 (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | Fiscal year: | | Operating lease payments | | Payments expected under noncancellable subleases | | Net operating lease payments | | 2027 | | $ | 8,365 | | | $ | (1,555) | | | 6,810 | | | 2028 | | 10,722 | | | (2,364) | | | 8,358 | | | 2029 | | 10,369 | | | (2,289) | | | 8,080 | | | 2030 | | 3,993 | | | (189) | | | 3,804 | | | 2031 | | 3,181 | | | — | | | 3,181 | | | Thereafter | | 219 | | | — | | | 219 | | | Total undiscounted lease payments | | 36,849 | | | (6,397) | | | 30,452 | | | Less: Interest and short-term leases | | 3,731 | | | (651) | | | 3,080 | | | Total discounted operating lease liabilities | | $ | 33,118 | | | $ | (5,746) | | | $ | 27,372 | |
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| Schedule of Future Minimum Payments under Sublease Income |
The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less) as of June 30, 2026. The amount for fiscal 2027 represents the remaining nine months ending March 31, 2027. All other periods represent fiscal years ending March 31 (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | Fiscal year: | | Operating lease payments | | Payments expected under noncancellable subleases | | Net operating lease payments | | 2027 | | $ | 8,365 | | | $ | (1,555) | | | 6,810 | | | 2028 | | 10,722 | | | (2,364) | | | 8,358 | | | 2029 | | 10,369 | | | (2,289) | | | 8,080 | | | 2030 | | 3,993 | | | (189) | | | 3,804 | | | 2031 | | 3,181 | | | — | | | 3,181 | | | Thereafter | | 219 | | | — | | | 219 | | | Total undiscounted lease payments | | 36,849 | | | (6,397) | | | 30,452 | | | Less: Interest and short-term leases | | 3,731 | | | (651) | | | 3,080 | | | Total discounted operating lease liabilities | | $ | 33,118 | | | $ | (5,746) | | | $ | 27,372 | |
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