Quarterly report [Sections 13 or 15(d)]

Accounts Receivable (Tables)

v3.26.3
Accounts Receivable (Tables)
6 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Schedule of Accounts Receivable
Accounts receivable consisted of the following:
September 30, March 31,
2026 2026
(in thousands)
Billed $ 174,900  $ 159,381 
Unbilled 100,438  100,342 
Allowance for credit losses (8,934) (8,483)
Accounts receivable, net $ 266,404  $ 251,240 
Schedule of Allowance for Credit Loss
The changes to the allowance for credit losses on accounts receivable for the six months ended September 30, 2026 were as follows (in thousands):
Allowance for credit losses as of March 31, 2026 $ 8,483 
Provision for credit losses 566 
Write-offs (115)
Allowance for credit losses as of September 30, 2026 $ 8,934 
The Company recorded credit loss expense, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income (loss), as follows:
Three Months Ended
September 30,
Six Months Ended
September 30,
2026 2025 2026 2025
(in thousands)
Provision for credit losses $ 289  $ 54  $ 566  $ 842