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NET INTEREST EXPENSE
 12 Months Ended
Mar. 31, 2023
Banking and Thrift, Interest [Abstract]  
NET INTEREST EXPENSE

(M) Net Interest Expense

The following components are included within Interest Expense, net:

 

 

 

For the Years Ended March 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(dollars in thousands)

 

Interest Income

 

$

(421

)

 

$

(39

)

 

$

(66

)

Interest Expense

 

 

33,706

 

 

 

21,637

 

 

 

40,624

 

Other Expenses

 

 

1,886

 

 

 

9,275

 

 

 

3,862

 

Interest Expense, net

 

$

35,171

 

 

$

30,873

 

 

$

44,420

 

 

Interest Income includes interest earned on investments of excess Cash and Cash Equivalents. Components of Interest Expense include interest associated with the Revolving Credit Facility, Term Loan (retired in July 2021), 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 and Term Loan costs.