Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.20.4
LEASES (Tables)
 9 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Supplemental balance sheet
Supplemental balance sheet information related to leases is as follows (in thousands):
Operating leases December 31, 2020 March 31, 2020
Operating lease right-of-use asset    $ 10,096  $ 12,689 
Other accrued liabilities    2,806  3,065 
Operating lease liability    8,500  10,822 
   Total operating lease liabilities    $ 11,306  $ 13,887 
Components of lease cost
Components of lease cost were as follows (in thousands):
Three Months Ended December 31, 2020 Nine Months Ended December 31,
Lease Cost 2020 2019 2020 2019
Operating lease cost    $ 1,018  $ 1,259  $ 3,688  $ 3,835 
Variable lease cost    198  109  620  321 
Short-term lease cost    37  58  129  89 
Total lease cost    $ 1,253  $ 1,426  $ 4,437  $ 4,245 
Lease Term and Discount Rate December 31, 2020 March 31, 2020
Weighted average remaining operating lease term (years) 4.66 4.99
Weighted average discount rate for operating leases 13.97  % 13.91  %
Maturity of operating lease liability
Maturity of Lease Liabilities Operating Leases
For the fiscal year ended March 31,
   2021, excluding the nine months ended December 31, 2020
 $ 1,051 
   2022 3,863 
   2023 2,799 
   2024 2,630 
   2025 2,330 
   Thereafter 2,948 
Total lease payments $ 15,621 
Less: imputed interest (4,315)
Present value of lease liabilities $ 11,306