Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
 9 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company's debt obligations and the associated interest rates:
December 31, 2021
Balance Interest Rate Unused Line Fee
Revolver (subject to variable rate) $ 345,134  1.99  % 0.30  %
Fyber - Bank Leumi (subject to variable rate) $ 12,501  5.90  % 1.00  %
Debt obligations on the condensed consolidated balance sheets consist of the following:
December 31, 2021 March 31, 2021
(Unaudited)
Revolver $ 345,134  $ 15,000 
Less: Debt issuance costs (3,544) (443)
Debt assumed through Fyber Acquisition 12,501  — 
Total debt, net 354,091  14,557 
Less: Current portion of debt (12,501) (14,557)
Non-current debt $ 341,590  $ — 
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 December 31,
Nine months ended December 31,
2021 2020 2021 2020
Interest income / (expense), net $ (1,940) $ (266) $ (4,565) $ (859)
Amortization of debt issuance costs (190) —  (500) — 
Unused line of credit fees and other (65) —  (242) — 
Total interest income / (expense), net $ (2,195) $ (266) $ (5,307) $ (859)