v3.26.3
Leases
 6 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Leases Leases
We lease real estate and equipment for use in our operations.
The components of lease expense for the three and six months ended September 30, 2026 and 2025 were as follows:
Three Months Ended September 30,Six Months Ended September 30,
(In thousands)2026202520262025
Finance lease cost:
     Amortization of right-of-use assets$820 $820 $1,640 $1,640 
     Interest on lease liabilities313 355 633 715 
Operating lease cost2,077 1,940 4,155 3,878 
Short term lease cost63 35 125 69 
Variable lease cost3,876 4,588 8,475 9,414 
Total net lease cost$7,149 $7,738 $15,028 $15,716 

As of September 30, 2026, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2027 (remaining six months ending March 31, 2027)$4,218 $1,938 $6,156 
20288,037 3,875 11,912 
20296,767 3,869 10,636 
20306,044 3,366 9,410 
20311,113 2,664 3,777 
Thereafter1,616 7,993 9,609 
Total undiscounted lease payments27,795 23,705 51,500 
Less amount of lease payments representing interest(3,068)(4,386)(7,454)
Total present value of lease payments$24,727 $19,319 $44,046 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2026
Weighted average remaining lease term (years)
Operating leases3.87
Finance leases6.73
Weighted average discount rate
Operating leases6.42 %
Finance leases6.30 %
Leases Leases
We lease real estate and equipment for use in our operations.
The components of lease expense for the three and six months ended September 30, 2026 and 2025 were as follows:
Three Months Ended September 30,Six Months Ended September 30,
(In thousands)2026202520262025
Finance lease cost:
     Amortization of right-of-use assets$820 $820 $1,640 $1,640 
     Interest on lease liabilities313 355 633 715 
Operating lease cost2,077 1,940 4,155 3,878 
Short term lease cost63 35 125 69 
Variable lease cost3,876 4,588 8,475 9,414 
Total net lease cost$7,149 $7,738 $15,028 $15,716 

As of September 30, 2026, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2027 (remaining six months ending March 31, 2027)$4,218 $1,938 $6,156 
20288,037 3,875 11,912 
20296,767 3,869 10,636 
20306,044 3,366 9,410 
20311,113 2,664 3,777 
Thereafter1,616 7,993 9,609 
Total undiscounted lease payments27,795 23,705 51,500 
Less amount of lease payments representing interest(3,068)(4,386)(7,454)
Total present value of lease payments$24,727 $19,319 $44,046 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2026
Weighted average remaining lease term (years)
Operating leases3.87
Finance leases6.73
Weighted average discount rate
Operating leases6.42 %
Finance leases6.30 %