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Leases (Table Text Block) | 12 Months Ended
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Mar. 31, 2024
Leases [Abstract] |
Supplemental Balance Sheet Information Related to Leases |
|  | As of March 31, 2024 |
|  | Finance |  |  |  | Operating |  |  |  | Total |
|  | (In thousands) |
Buildings and improvements | $ |  | — |  |  | $ |  | 79,317 |  |  | $ |  | 79,317 |
Furniture and equipment |  |  | 61 |  |  |  |  | — |  |  |  |  | 61 |
Rental trailers and other rental equipment |  |  | 114,607 |  |  |  |  | — |  |  |  |  | 114,607 |
Rental trucks |  |  | 607,521 |  |  |  |  | — |  |  |  |  | 607,521 |
Right-of-use assets, gross |  |  | 722,189 |  |  |  |  | 79,317 |  |  |  |  | 801,506 |
Less: Accumulated depreciation |  |  | (432,884 | ) |  |  |  | (25,605 | ) |  |  |  | (458,489 | )
Right-of-use assets, net | $ |  | 289,305 |  |  | $ |  | 53,712 |  |  | $ |  | 343,017 |
|  | As of March 31, 2023 |
|  | Finance |  |  | Operating |  |  | Total |
|  | (In thousands) |
Buildings and improvements | $ |  | — |  | $ |  | 128,221 |  | $ |  | 128,221 |
Furniture and equipment |  |  | 9,687 |  |  |  | — |  |  |  | 9,687 |
Rental trailers and other rental equipment |  |  | 152,294 |  |  |  | — |  |  |  | 152,294 |
Rental trucks |  |  | 949,838 |  |  |  | — |  |  |  | 949,838 |
Right-of-use assets, gross |  |  | 1,111,819 |  |  |  | 128,221 |  |  |  | 1,240,040 |
Less: Accumulated depreciation |  |  | (637,054 | ) |  |  | (69,304 | ) |  |  | (706,358 | )
Right-of-use assets, net | $ |  | 474,765 |  | $ |  | 58,917 |  | $ |  | 533,682 |
Summary of Weighted-average remaining lease terms and Discount rates |
|  | Financing leases |  |
|  | March 31, |  |
|  | 2024 |  |  |  | 2023 |  |
Weighted average remaining lease term (years) |  |  | 1 |  |  |  |  | 2 |  |
Weighted average discount rate |  |  | 4.1 |  | % |  |  | 3.8 |  | %
|  | Operating leases |  |
|  | March 31, |  |
|  | 2024 |  |  |  | 2023 |  |
Weighted average remaining lease term (years) |  |  | 21.9 |  |  |  |  | 19.2 |  |
Weighted average discount rate |  |  | 4.6 |  | % |  |  | 4.7 |  | %
Components of Lease Expense |
|  | Twelve Months Ended March 31, |
|  | 2024 |  |  | 2023 |
|  | (In thousands) |
Operating lease costs | $ |  | 34,609 |  | $ |  | 32,878 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-of-use assets | $ |  | 55,085 |  | $ |  | 81,006 |
Interest on lease liabilities |  |  | 6,990 |  |  |  | 11,199 |
Total finance lease cost | $ |  | 62,075 |  | $ |  | 92,205 |
Maturities of Lease Liabilities |
|  | Finance leases |  |  | Operating leases |
Year ending March 31, |  | (In thousands) |
2025 | $ |  | 76,522 |  | $ |  | 12,904 |
2026 |  |  | 46,001 |  |  |  | 9,592 |
2027 |  |  | — |  |  |  | 7,500 |
2028 |  |  | — |  |  |  | 6,478 |
2029 |  |  | — |  |  |  | 4,933 |
Thereafter |  |  | — |  |  |  | 61,016 |
Total lease payments |  |  | 122,523 |  |  |  | 102,423 |
Less: imputed interest |  |  | (4,882 | ) |  |  | (47,391 | )
Present value of lease liabilities | $ |  | 117,641 |  | $ |  | 55,032 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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