Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
6 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Lease Expense and Supplemental Cash Flow Information
The following table presents information about leases on the condensed consolidated statements of operations (in thousands):

Three Months Ended
September 30, 2020
Six Months Ended September 30, 2020
Operating lease expense (1)
$ 2,739  $ 5,382 
Short-term lease expense $ 158  $ 312 
Variable lease expense $ 206  $ 381 
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(1) Presented gross of sublease income.
The following table presents supplemental cash flow information about the Company’s leases (in thousands):
Six Months Ended September 30, 2020
Cash paid for amounts included in the measurement of lease liabilities $ 6,796 
Operating lease assets obtained in exchange for new operating lease liabilities $ 150 
Schedule of Maturities of Lease Liabilities
As of September 30, 2020, remaining maturities of lease liabilities were as follows (in thousands):
Fiscal Years Ending March 31, Amount
2021 $ 6,492 
2022 11,415 
2023 10,757 
2024 9,804 
2025 6,685 
Thereafter 12,947 
Total operating lease payments (1)
58,100 
Less: imputed interest (10,972)
Total operating lease liabilities $ 47,128 
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(1) Presented gross of sublease income.
Schedule of Future Minimum Rental Payments for Operating Leases
As previously disclosed in the Company’s Annual Report, and under previous lease accounting standard ASC 840, the aggregate future non-cancelable minimum rental payments on its operating leases, as of March 31, 2020, were as follows (in thousands):
Fiscal Years Ending March 31, Amount
2021 $ 14,210 
2022 11,663 
2023 11,235 
2024 10,864 
2025 8,020 
Thereafter 16,331 
Total future contractual payments (1)
$ 72,323 
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(1) Presented gross of sublease income.