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Derivatives (Tables)
9 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The effect of derivative instruments on the accompanying condensed consolidated financial statements for the three and nine months ended December 31, 2022 and 2021 is as follows:
Three Months Ended December 31,
Derivatives in Cash Flow Hedging RelationshipsLocation of Gain or Loss Recognized in Income on DerivativesAmount of Pre-Tax Gain or (Loss) Recognized in AOCI on Derivatives
Amount of Pre-Tax Gain or (Loss) Reclassified from AOCI into Income (1)
2022202120222021
Interest rate swapsInterest income (expense)$1,565 $5,271 $1,648 $(4,097)
(1) The reclassifications from accumulated other comprehensive income (loss) to net income were reduced by tax benefit (expense) of ($0.4 million) and $1.1 million for the three months ended December 31, 2022 and 2021, respectively.
Nine Months Ended December 31,
Derivatives in Cash Flow Hedging RelationshipsLocation of Gain or Loss Recognized in Income on DerivativesAmount of Pre-Tax Gain or (Loss) Recognized in AOCI on Derivatives
Amount of Pre-Tax Gain or (Loss) Reclassified from AOCI into Income (2)
2022202120222021
Interest rate swapsInterest income (expense)$16,704 $3,496 $(1,571)$(13,627)
(2) The reclassifications from accumulated other comprehensive loss to net income was reduced by taxes of $0.4 million and $3.6 million for the nine months ended December 31, 2022 and 2021, respectively.