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Leases | 9 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Leases | Note 16: Leases Lease Assets and Liabilities The following table provides a summary of leases recorded on the consolidated balance sheets. The amounts as of March 31, 2021 exclude operating lease right of use (“ROU”) assets and liabilities, which each totaled $6.1 million, that were classified as held for sale on the Company’s consolidated balance sheet; see Note 2 for additional information.
|  | Balance Sheet Location |  | December 31, 2021 |  |  | March 31, 2021 |
Lease Assets |  |  |  |  |  |  |  |
Operating lease ROU assets |  | Other noncurrent assets |  | $ | 52.8 |  |  | $ | 54.1 |
Finance lease ROU assets (a) |  | Property, plant and equipment - net |  |  | 8.0 |  |  |  | 8.3 |
Lease Liabilities |  |  |  |  |  |  |  |  |  |
Operating lease liabilities |  | Other current liabilities |  | $ | 12.7 |  |  | $ | 11.2 |
Operating lease liabilities |  | Other noncurrent liabilities |  |  | 41.8 |  |  |  | 44.8 |
Finance lease liabilities |  | Long-term debt - current portion |  |  | 0.4 |  |  |  | 0.4 |
Finance lease liabilities |  | Long-term debt |  |  | 3.0 |  |  |  | 3.2 |
| (a) | Finance lease ROU assets were recorded net of accumulated amortization of $2.7 million and $2.4 million as of December 31, 2021 and March 31, 2021, respectively.
Components of Lease Expense The components of lease expense were as follows:
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Operating lease expense (a) |  | $ | 5.2 |  |  | $ | 4.8 |  |  | $ | 14.6 |  |  | $ | 14.9 |
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation of ROU assets |  |  | 0.1 |  |  |  | 0.2 |  |  |  | 0.4 |  |  |  | 0.4 |
Interest on lease liabilities |  |  | - |  |  |  | - |  |  |  | 0.1 |  |  |  | 0.1 |
Total lease expense |  | $ | 5.3 |  |  | $ | 5.0 |  |  | $ | 15.1 |  |  | $ | 15.4 |
| (a) | For the three and nine months ended December 31, 2021, operating lease expense included short-term lease expense of $1.0 million and $2.8 million, respectively. For the three and nine months ended December 31, 2020, operating lease expense included short-term lease expense of $0.9 million and $2.7 million, respectively. Variable lease expense was not significant.

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References No definition available. + Details
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- References No definition available. + Details
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