Annual report [Section 13 and 15(d), not S-K Item 405]

Long-Term Debt (Tables)

v3.25.1
Long-Term Debt (Tables)
 12 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following:
  March 31,
2025		 March 31,
2024
U.S. Term Loan due September 2026, net of deferred debt issuance costs of $126 and $226 as of March 31, 2025, and March 31, 2024, respectively
 $ 60,873  $ 67,274 
2023 Incremental U.S. Term Loan due September 2026, net of deferred debt issuance costs of $382 and $692 as of March 31, 2025, and March 31, 2024, respectively
 77,493  99,308 
Less current portion (18,000) (14,625)
Total $ 120,366  $ 151,957 
Each of the facilities, including the 2023 Incremental U.S. Term Loan Facility, terminate on September 29, 2026. Each of the Term Loans will amortize as set forth in the table below, with payments on the first day of each January, April, July and October, with the balance of each Term Loan Facility due at maturity.
Payment Schedule Original Principal Amount
January 1, 2023 through October 1, 2024 1.88  %
January 1, 2025 through July 1, 2026 2.50  %
On the last day of any period of four fiscal quarters ending during a period set forth below, the Company must maintain a consolidated leverage ratio that does not exceed the ratios for such period set forth below (each of which ratios may be increased by 0.50:1.00 for each of the four fiscal quarters following certain acquisitions at the election of the U.S. Borrower):
Fiscal Quarter Ending Consolidated Leverage Ratio
December 31, 2022 and each fiscal quarter thereafter
3.50:1.00
Schedule of Maturities of Long-Term Debt
Maturities of long-term debt principal payments are as follows for the fiscal years ended March 31:
2026 $ 18,000 
2027 120,875 
Total $ 138,875