Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
 6 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company's debt obligations and the associated interest rates:
September 30, 2021
Balance Interest Rate Unused Line Fee
Revolver (subject to variable rate) $ 247,134  1.91  % 0.20  %
Fyber - Discount Bank (subject to variable rate) $ 993  5.88  % 0.60  %
Fyber - Bank Leumi (subject to variable rate) $ 12,430  5.88  % 1.00  %
Debt obligations on the condensed consolidated balance sheets consist of the following:
September 30, 2021 March 31, 2021
(Unaudited)
Revolver $ 247,134  $ 15,000 
Less: Debt issuance costs (3,133) (443)
Debt assumed through Fyber Acquisition 13,423  — 
Total debt, net 257,424  14,557 
Less: Current portion of debt (13,423) (14,557)
Non-current debt $ 244,001  $ — 
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 condensed consolidated statements of operations and comprehensive income, as follows:
Three months ended September 30,
Six months ended September 30,
2021 2020 2021 2020
Interest income / (expense), net $ (1,706) $ (287) $ (2,625) $ (593)
Amortization of debt issuance costs (178) —  (310) — 
Unused line of credit fees and other (71) —  (177) — 
Total interest income / (expense), net $ (1,955) $ (287) $ (3,112) $ (593)