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INTEREST EXPENSE

9 Months Ended

Dec. 31, 2021

Banking And Thrift Interest [Abstract]

(O) INTEREST EXPENSE

The following components are included in Interest Expense, net:


	For the Three Months Ended December 31,					For the Nine Months Ended December 31,
	2021		2020			2021			2020
	(dollars in thousands)					(dollars in thousands)
Interest Income	$	—	$	(13	)	$	(38	)	$	(53	)
Interest Expense		4,959		8,449			16,511			33,141
Other Expenses		692		924			8,418			2,869
Interest Expense, net	$	5,651	$	9,360		$	24,891		$	35,957

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 nine months ended December 31, 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.