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LEASES (Tables)
12 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
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, Cost
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)