General form of registration statement for all companies including face-amount certificate companies

DEBT (Tables)

v3.24.4
DEBT (Tables)
 6 Months Ended 12 Months Ended
Sep. 30, 2024
Mar. 31, 2024
Debt Disclosure [Abstract]    
Schedule of debt
The Company’s debt consisted of the following (in thousands):
September 30, 2024 March 31, 2024
Term Loan $ 104,747  $ 87,942 
PNC Credit Facility 28,300  26,604 
Less: current portion (1,579) (109,100)
Less: unamortized debt issuance costs (1)
(8,422) (5,446)
Long-term debt, net $ 123,046  $ — 
__________________
(1)The unamortized debt issuance costs related to the Term Loan are presented as a reduction of the carrying amount of the corresponding debt balance on the accompanying condensed consolidated balance sheets. Unamortized debt issuance costs related to the PNC Credit Facility are presented within other assets on the accompanying condensed consolidated balance sheets.
The following table summarizes the Company's borrowing as of the dates presented (in thousands):
Year Ended March 31,
  2024 2023 2022
Term Loan $ 87,942  $ 74,667  $ 98,723 
PNC Credit Facility 26,604  16,750  17,735 
Less: current portion (109,100) (5,000) (4,375)
Less unamortized debt issuance costs(1)
(5,446) (3,313) (4,900)
Long-term debt, net $ —  $ 83,104  $ 107,183 
__________________
(1)The unamortized debt issuance costs related to the Term Loan are presented as a reduction of the carrying amount of the corresponding debt balance on the accompanying consolidated balance sheets. Unamortized debt issuance costs related to the PNC Credit Facility are presented within other assets on the accompanying consolidated balance sheets.