v3.25.2
LEASES (Tables)
 3 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Right-of-use Asset, Lease Liability Balances and Lease Cost
Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):
June 30, 2025March 31, 2025
Right-of-use assets included in other assets, net$18,982 $19,341 
Short-term lease liabilities included in other accrued expenses$9,417 $9,351 
Long-term lease liabilities included in other liabilities$25,690 $26,939 
Supplemental balance sheet information:
Weighted average remaining lease term4.2 years4.5 years
Weighted average discount rate5.5 %5.4 %
The components of lease cost, net for the three months ended June 30, 2025 and 2024, respectively, were as follows (dollars in thousands):
For the three months ended June 30,
20252024
Operating lease costs$1,884 $2,004 
Operating sublease income456 241 
Total leases costs, net$1,428 $1,763 
Schedule of Future Minimum Payments under all Operating Leases The amount for fiscal 2026 represents the remaining nine months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands): 
Fiscal year:Operating lease paymentsPayments expected under noncancellable subleasesNet operating lease payments
2026$7,322 $(1,318)6,004 
20279,336 (2,084)7,252 
20289,472 (2,147)7,325 
20299,044 (2,211)6,833 
20302,591 (189)2,402 
Thereafter1,708 — 1,708 
Total undiscounted lease payments39,473 (7,949)31,524 
Less: Interest and short-term leases4,366 (1,083)3,283 
Total discounted operating lease liabilities$35,107 $(6,866)$28,241 
Schedule of Future Minimum Payments under Sublease Income The amount for fiscal 2026 represents the remaining nine months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands): 
Fiscal year:Operating lease paymentsPayments expected under noncancellable subleasesNet operating lease payments
2026$7,322 $(1,318)6,004 
20279,336 (2,084)7,252 
20289,472 (2,147)7,325 
20299,044 (2,211)6,833 
20302,591 (189)2,402 
Thereafter1,708 — 1,708 
Total undiscounted lease payments39,473 (7,949)31,524 
Less: Interest and short-term leases4,366 (1,083)3,283 
Total discounted operating lease liabilities$35,107 $(6,866)$28,241