Quarterly report pursuant to Section 13 or 15(d)

Leases

v3.22.2.2
Leases
 6 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases Leases
The Company has entered into various non-cancellable operating lease agreements for certain offices as well as assumed various leases through its recent acquisitions. These leases currently have lease periods expiring between fiscal years 2023 and 2029. The lease agreements may include one or more options to renew. Renewals were not assumed in the Company’s determination of the lease term unless the renewals were deemed to be reasonably assured at lease commencement. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease costs, weighted-average lease term, and discount rates are detailed below.
Schedule, by fiscal year, of maturities of lease liabilities as of:
September 30, 2022
Fiscal year 2023 $ 2,088 
Fiscal year 2024 3,770 
Fiscal year 2025 1,986 
Fiscal year 2026 1,535 
Fiscal year 2027 1,212 
Thereafter 1,332 
Total undiscounted cash flows 11,923 
(Less imputed interest) (858)
Present value of lease liabilities $ 11,065 
The current portion of the Company’s lease liabilities, payable within the next 12 months, is included in other current liabilities, and the long-term portion of the Company’s lease liabilities is included in other non-current liabilities on the condensed consolidated balance sheets.
Associated with these financial liabilities, the Company has right-of-use assets of $11,358 as of September 30, 2022, which is calculated using the present value of lease liabilities less any lease incentives received from landlords and any deferred rent liability balances as of the date of implementation. The discount rates used to calculate the imputed interest above range from 2.00% to 6.75% and the weighted-average remaining lease term is 4.02 years.