XML 31 R15.htm IDEA: XBRL DOCUMENT
v3.23.1

Interest on Borrowings | 12 Months Ended
--- | ---
Mar. 31, 2023
Interest Expense, Borrowings [Abstract] |
Interest on Borrowings | Note 10. Interest on Borrowings Interest Expense Components of interest expense include the following: Years Ended March 31, 2023 2022 2021 (In thousands) Interest expense $ 229,559 $ 167,618 $ 165,484 Capitalized interest (11,814) (9,700) (11,573) Amortization of transaction costs 6,987 5,556 5,949 Interest expense resulting from cash flow hedges (774) 3,950 3,642 Total interest expense 223,958 167,424 163,502 Interest paid in cash amounted to $ 225.8 million, $ 166.1 million and $ 166.4 million for fiscal 2023, 2022 and 2021, respectively. Interest paid (received) in cash on derivative contracts was ($0.8) million, $4.0 million and $3.6 million, for fiscal 2023, 2022 and 2021, respectively. Interest Rates Interest rates and our revolving credit borrowings were as follows: Revolving Credit Activity Years Ended March 31, 2023 2022 2021 (In thousands, except interest rates) Weighted average interest rate during the year 3.93 % 1.40 % 1.40 % Interest rate at year end 5.89 % 1.49 % 1.40 % Maximum amount outstanding during the year $ 1,105,000 $ 1,105,000 $ 1,175,000 Average amount outstanding during the year $ 824,211 $ 1,085,074 $ 1,088,293 Facility fees $ 733 $ 253 $ 261

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InterestExpenseBorrowingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration