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INTEREST EXPENSE
6 Months Ended
Sep. 30, 2021
Banking And Thrift Interest [Abstract]  
INTEREST EXPENSE

(O) INTEREST EXPENSE

The following components are included in Interest Expense, net:

 

 

 

For the Three Months Ended September 30,

 

 

For the Six Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(dollars in thousands)

 

 

(dollars in thousands)

 

Interest Income

 

$

(13

)

 

$

(40

)

 

$

(38

)

 

$

(40

)

Interest Expense

 

 

5,425

 

 

 

11,672

 

 

 

11,551

 

 

 

24,692

 

Other Expenses

 

 

6,856

 

 

 

924

 

 

 

7,727

 

 

 

1,945

 

Interest Expense, net

 

$

12,268

 

 

$

12,556

 

 

$

19,240

 

 

$

26,597

 

 

 

Interest Income includes interest earned on investments of excess cash. Components of Interest Expense include interest associated with the Revolving Credit Facility, Term Loan, Senior Unsecured Notes, and commitment fees based on the unused portion of the Revolving Credit Facility. Other Expenses include amortization of debt issuance costs and Revolving Credit Facility costs. Other Expenses for the three and six months ended September 30, 2021 also include approximately $6.1 million for the write-off of debt issuance costs related to the Term Loan and 4.500% Senior Unsecured Notes, which were repaid and redeemed in July 2021.