v3.24.1.1.u2
Leases (Tables)
 12 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Weighted Average Remaining Lease Term and Discount Rate
The following table presents the weighted average remaining lease term and discount rate as of March 31, 2024 and March 31, 2023, respectively:
March 31,
20242023
Weighted-average remaining lease term (in years)
     Operating leases9.167.97
     Finance leases11.5812.58
Weighted-average discount rate
     Operating leases6.96 %5.54 %
     Finance leases4.51 %4.51 %
Supplemental cash flow information related to leases is as follows (in thousands):
Year ended
March 31, 2024
Year ended
March 31, 2023
Year ended
March 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities$9,454 $8,872 $9,059 
Cash paid for amounts included in the measurement of finance lease liabilities$1,200 $1,166 $1,132 
ROU assets obtained in exchange for new operating lease liabilities$22,506 $31,423 $5,364 
ROU assets obtained in exchange for new finance lease liabilities$— $— $14,582 
Schedule of Lease-Related Assets and Liabilities
The following table illustrates the balance sheet classification for lease assets and liabilities as of March 31, 2024 and March 31, 2023, respectively (in thousands):
March 31,
20242023
Operating leases:
Other assets (1)$65,584 $53,551 
Accrued liabilities8,723 7,966 
Other non current liabilities60,666 46,524 
Total operating liabilities$69,389 $54,490 
Finance leases:
Net property, plant, and equipment$11,596 $12,597 
Current portion of long-term debt and finance lease obligation670 604 
Term loan and finance lease obligations 12,267 12,937 
Total finance liabilities$12,937 $13,541 

(1) Included in the operating ROU asset balance are leases held by montratec in the amount of $5,390,000 respectively, as of March 31, 2024.
Schedule of Future Maturities of Leases
Future maturities of leases as of March 31, 2024, were as follows (in thousands):
Year:Operating LeasesFinance Leases
2025$12,681 1,237 
202611,473 1,274 
202710,959 1,312 
202810,445 1,351 
20297,595 1,392 
Thereafter45,627 10,265 
Total undiscounted lease payments$98,780 $16,831 
Less: imputed interest$29,391 $3,894 
Present value of lease liabilities$69,389 $12,937