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Derivatives (Tables)
 6 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Effect of Derivative Instruments
The following table summarizes the material terms of the Company’s outstanding interest rate swap derivative contracts as of September 30, 2024:
Effective DateMaturity DateTermsNotional Amount
April 28, 2023June 30, 2025Variable to Fixed$200,000 
June 30, 2023June 30, 2026Variable to Fixed150,000 
June 28, 2024June 30, 2027Variable to Fixed200,000 
Total$550,000 
The effect of derivative instruments on the accompanying condensed consolidated financial statements for the periods presented is as follows:
Derivatives in Cash Flow Hedging RelationshipsPre-Tax (Loss) Gain Recognized in AOCI on Derivatives
Pre-Tax Gain Reclassified from AOCI into Income
Three Months Ended
September 30,		Three Months Ended
September 30,
2024202320242023
Interest rate swaps (1)
$(7,806)$3,173 $2,702 $3,702 
Derivatives in Cash Flow Hedging RelationshipsPre-Tax (Loss) Gain Recognized in AOCI on Derivatives
Pre-Tax Gain Reclassified from AOCI into Income
Six Months Ended
September 30,		Six Months Ended
September 30,
2024202320242023
Interest rate swaps (1)
$(7,067)$11,772 $6,461 $7,271 
(1) The reclassifications from accumulated other comprehensive income to net income are included in interest expense in the Condensed Consolidated Statement of Operations.