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INTEREST EXPENSE
3 Months Ended
Jun. 30, 2016
Banking And Thrift Interest [Abstract]  
INTEREST EXPENSE

(M) INTEREST EXPENSE

The following components are included in interest expense, net:

 

 

 

For the Three Months
Ended June 30,

 

 

 

2016

 

 

2015

 

 

 

(dollars in thousands)

 

Interest (Income)

 

$

 

 

$

(1

)

Interest Expense

 

 

3,748

 

 

 

4,296

 

Other Expenses

 

 

153

 

 

 

191

 

Interest Expense, net

 

$

3,901

 

 

$

4,486

 

 

Interest income includes interest on investments of excess cash. Components of interest expense include interest associated with the Senior Notes, the Credit Facility and commitment fees based on the unused portion of the Credit Facility. Other expenses include amortization of debt issuance costs, and credit facility costs.