Lease (Tables)
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12 Months Ended |
Mar. 31, 2021 |
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| Leases [Abstract] |
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| Summary of Lease, Cost |
The components of lease cost for operating leases for the fiscal years ended March 31, 2021, 2020 and 2019 was as follows: | | | | | | | | | | | | | | | | Year Ended March 31, | | | | | 2021 | | | 2020 | | | 2019 | | | | | (in thousands) | | | | | | Operating lease cost, net 1 | | $ | 13,614 | | | $ | 10,999 | | | $ | 10,484 | | | | | 5,809 | | | | 4,705 | | | | 2,506 | | | | | | | | | | | | | | | | | $ | 19,423 | | | $ | 15,704 | | | $ | 12,990 | | | | | | | | | | | | | | |
| 1) | For the year ended March 31, 2020, included in operating lease cost is a $4.9 million reduction to lease cost related to a lease termination. |
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| Summary of Assets And Liabilities Lessee |
The following is supplemental balance sheet information as of March 31, 2021 and 2020: | | | | | | | | | | | | March 31,
2021 | | | March 31,
2020 | | | | | (in thousands) | | | | | | | | | | | | | | | | | | | | | | | Operating lease right-of-use assets | | $ | 63,122 | | | $ | 60,608 | | | | | | | | | | | | | | | | | | | | Operating lease liabilities | | | 6,140 | | | | 7,613 | | Operating lease liabilities, noncurrent | | | 87,582 | | | | 82,709 | | | | | | | | | | | Total operating lease liabilities 1 | | $ | 93,722 | | | $ | 90,322 | | | | | | | | | | |
| 1) | The termination of the operating lease for the Company’s former headquarters facility located in Mountain View, CA occurred during the year ended March 31, 2020. |
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| Summary of Weighted Average Remaining Lease Term And Discount Rate |
Weighted average remaining lease term and discount rate for the Company’s operating leases was as follows: | | | | | | | | | | | | | | | | Year Ended March 31, | | | | | 2021 | | | 2020 | | | 2019 | | Weighted-average remaining lease term (in years) | | | 9.2 | | | | 10.5 | | | | 10.2 | | Weighted-average discount rate | | | 7 | % | | | 8 | % | | | 7 | % |
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| Summary of Supplemental Cash Flow Information Related To Operating Leases |
Supplemental cash flow information related to operating leases for the fiscal years ended March 31, 2021, 2020 and 2019 was as follows: | | | | | | | | | | | | | | | | Year Ended March 31, | | | | | 2021 | | | 2020 | | | 2019 | | | | | (in thousands) | | | | | Cash paid for amounts included in the measurement of operating lease liabilities: | | | | | | | | | Operating cash flows used in operating leases | | $ | (14,067 | ) | | $ | (12,520 | ) | | $ | (8,547 | ) | Landlord contributions included in the measurement of operating lease ROU assets: | | | | | | | | | | | | | Operating cash flows provided by operating leases | | $ | 3,733 | | | $ | 9,940 | | | $ | — | | Supplemental disclosure of non-cash operating lease activities: | | | | | | | | | | | | | Operating lease ROU assets obtained in exchange for new operating lease liabilities | | $ | 12,803 | | | $ | 4,769 | | | $ | 82,348 | |
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| Schedule Of Future Minimum Lease Payments For Operating Leases |
As of March 31, 2021, the future minimum lease payments included in the measurement of the Company’s operating lease liabilities are as follows: | | | | | | | | March 31,
2021 | | | | | (in thousands) | | | | | | | | | | | $ | 12,567 | | | | | 15,091 | | | | | 15,106 | | | | | 14,350 | | | | | 10,996 | | | | | 64,421 | | | | | | | Total future operating lease payments | | | 132,531 | | | | | 38,809 | | | | | | | Total operating lease liabilities | | $ | 93,722 | | | | | | |
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