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LEASES
12 Months Ended
Mar. 31, 2023
Leases [Abstract]  
LEASES Leases
Lessee Arrangements
Operating Leases

We lease real estate and equipment used in operations from third parties. As of March 31, 2023, the remaining term of our operating leases ranged from 1 to 17 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, 2023.

Maturity of Operating Leases
Operating Leases
2024$31,617 
202549,298 
202647,968 
202744,337 
202843,370 
2029 and thereafter290,203 
Total506,793 
Less: present value discount(131,924)
Operating lease liabilities$374,869 
As of March 31, 2023, the Company entered into an operating lease for additional office space that has not yet commenced, for approximately $6.3 million. This operating lease will commence during fiscal year 2024 with a lease term of 10 years.

Lease costs
March 31, 2023March 31, 2022
Operating lease expense$37,490 $37,299 
Variable lease expense (1)
18,556 10,252 
Short-term lease expense182 214 
Less: Sublease income(390)(18)
Total lease costs$55,838 $47,747 
(1)Primarily consists of payments for property taxes, common area maintenance and usage based operating costs.

Weighted-average details
March 31, 2023March 31, 2022
Weighted-average remaining lease term (years)129
Weighted-average discount rate4.7 %3.4 %
Supplemental cash flow information related to leases:
March 31, 2023March 31, 2022
Operating cash flows:
Cash paid for amounts included in the measurement of Operating lease liabilities$37,233 $32,947 
Non-cash activity:
Operating lease right-of-use assets obtained in exchange of operating lease liabilities$194,656 $32,377 
Change in Operating lease right-of-use assets due to remeasurement(11,799)5,200