Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

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Debt (Tables)
 12 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company’s debt obligations and the associated interest rates:
March 31, 2024
Balance Interest Rate Unused Line Fee
Revolver (subject to variable interest rate) $ 386,000  7.71  % 0.35  %
March 31, 2023
Balance Interest Rate Unused Line Fee
Revolver (subject to variable interest rate) $ 413,134  6.54  % 0.20  %
Debt obligations on the consolidated balance sheets consist of the following:
March 31, 2024 March 31, 2023
Revolver $ 386,000  $ 413,134 
Less: Debt issuance costs (2,510) (2,612)
Long-term debt, net of debt issuance costs $ 383,490  $ 410,522 
Interest expense, net, amortization of debt issuance costs, and unused line of credit fees were recorded in interest expense, net, on the consolidated statements of operations and comprehensive (loss) income, as follows:
Year ended March 31,
2024 2023 2022
Interest expense, net $ (29,566) $ (22,420) $ (7,571)
Amortization of debt issuance costs (906) (831) (715)
Unused line of credit fees and other (366) (101) (209)
Total interest expense, net $ (30,838) $ (23,352) $ (8,495)