Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.3
LEASES (Tables)
 6 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Lease, Cost
These variable lease costs are recognized as a variable lease expense when incurred.

Components of lease cost were as follows (in thousands):

Lease Cost
 
Three Months Ended September 30, 2019
 
Six Months Ended September 30, 2019
 
  
 
 
 
Operating lease cost
  
$
1,304

 
$
2,576

Variable lease cost
  
147

 
212

Short-term lease cost
  
29

 
31

Total lease cost
  
$
1,480

 
$
2,819

Lessee, Operating Lease, Liability, Maturity
Maturity of Lease Liabilities
 
Operating Leases
Six months ended March 31, 2020
 
$
2,286

For the fiscal year ended March 31,
 
 
   2021
 
4,233

   2022
 
3,388

   2023
 
2,366

   2024
 
2,127

   Thereafter
 
3,870

Total lease payments
 
$
18,270

Less: Imputed interest
 
(5,218
)
Present value of lease liabilities
 
$
13,052

Assets and Liabilities, Lessee
Lease Term and Discount Rate
 
September 30, 2019
Weighted average remaining operating lease term (years)
 
4.85

Weighted average discount rate for operating leases
 
14.03
%