• Filing Date: 2020-06-24
  • Form Type: 10-K
  • Description: Annual report
v3.20.1
LEASES (Tables)
12 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Components of lease cost
Supplemental balance sheet information related to leases is as follows (in thousands):

Operating leases
 
March 31, 2020
Operating lease right-of-use asset
  
$
12,689

 
 
 
Other current liabilities
  
$
3,065

Operating lease liability
  
10,822

   Total operating lease liabilities
  
$
13,887

The components of lease expense were as follows (in thousands):
Lease expense
 
Year Ended March 31, 2020
Operating lease expense
  
$
4,901

Variable lease expense
  
277

Short-term lease expense
  
102

   Total lease expense
  
$
5,280

Maturity of operating lease liability
Maturity of Lease Liabilities
 
Operating Leases
   2021
 
4,878

   2022
 
3,671

   2023
 
2,825

   2024
 
2,857

   2025
 
2,285

   Thereafter
 
2,889

Total lease payments
 
$
19,405

Less: Imputed interest
 
(5,518
)
Present value of lease liabilities
 
$
13,887

Schedule of lease terms and discount rates
Lease Term and Discount Rate
 
March 31, 2020
Weighted average remaining operating lease term (years)
 
4.99

Weighted average discount rate for operating leases
 
13.91
%