Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.23.1
Debt (Tables)
 12 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company’s debt obligations and the associated interest rates:
March 31, 2023
Balance Interest Rate Unused Line Fee
BoA Revolver (subject to variable rate) $ 413,134  6.54  % 0.20  %
Debt obligations on the consolidated balance sheets consist of the following:
March 31, 2023 March 31, 2022
Revolver $ 413,134  $ 524,134 
Less: Debt issuance costs (2,612) (3,349)
Debt assumed through Fyber Acquisition —  12,500 
Total debt, net 410,522  533,285 
Less: Current portion of debt —  (12,500)
Long-term debt, net of debt issuance costs $ 410,522  $ 520,785 
Interest income (expense), net, amortization of debt issuance costs, and unused line of credit fees were recorded in interest and other income (expense), net, on the consolidated statements of operations and comprehensive income (loss), as follows:
Year ended March 31,
2023 2022 2021
Interest income (expense), net $ (22,420) $ (7,571) $ (1,003)
Amortization of debt issuance costs (831) (715) — 
Unused line of credit fees and other (101) (209) — 
Total interest income (expense), net $ (23,352) $ (8,495) $ (1,003)