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LEASES
 12 Months Ended
Mar. 31, 2022
Leases [Abstract]  
LEASES Leases
Lessee Arrangements

Operating Leases

We lease real estate and equipment used in operations from third parties. As of March 31, 2022, the remaining term of our operating leases ranged from 1 to 14 years with various automatic extensions.
The following table outlines the maturity of our existing operating lease liabilities on a fiscal year-end basis as of March 31, 2022.

Maturity of Operating Leases
Operating Leases
2023$34,693 
202428,696 
202528,490 
202626,011 
202722,153 
2028 and thereafter85,602 
Total225,645 
Less: present value discount(28,554)
Operating lease liabilities$197,091 
As of March 31, 2022, the Company entered into multiple operating leases for additional office space that have not yet commenced, for approximately $202 million. These operating leases will commence between fiscal year 2023 and fiscal year 2024 with a lease term of 10 years to 13 years.

Lease costs
March 31, 2022March 31, 2021
Operating lease expense$37,299 $28,924 
Variable lease expense (1)
10,252 10,311 
Short-term lease expense214 203 
Less: Sublease income(18)(205)
Total lease costs$47,747 $39,233 
(1)Primarily consists of payments for property taxes, common area maintenance and usage based operating costs.

Weighted-average details
March 31, 2022March 31, 2021
Weighted-average remaining lease term (years)99
Weighted-average discount rate3.4 %3.8 %
Supplemental cash flow information related to leases:
March 31, 2022March 31, 2021
Operating cash flows:
Cash paid for amounts included in the measurement of Operating lease liabilities$32,947 $32,152 
Non-cash activity:
Operating lease right-of-use assets obtained in exchange of operating lease liabilities$32,377 $41,089 
Change in Operating lease right-of-use assets due to remeasurement5,200 (1,208)