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Leases (Tables) | 9 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases Recorded on Consolidated Balance Sheets | The following table provides a summary of leases recorded on the consolidated balance sheets.
|  | Balance Sheet Location |  | December 31, 2022 |  |  | March 31, 2022 |
Lease Assets |  |  |  |  |  |  |  |
Operating lease ROU assets |  | Other noncurrent assets |  | $ | 49.2 |  |  | $ | 52.1 |
Finance lease ROU assets (a) |  | Property, plant and equipment – net |  |  | 7.2 |  |  |  | 7.7 |
Lease Liabilities |  |  |  |  |  |  |  |  |  |
Operating lease liabilities |  | Other current liabilities |  | $ | 10.2 |  |  | $ | 12.7 |
Operating lease liabilities |  | Other noncurrent liabilities |  |  | 40.4 |  |  |  | 41.2 |
Finance lease liabilities |  | Long-term debt – current portion |  |  | 0.4 |  |  |  | 0.4 |
Finance lease liabilities |  | Long-term debt |  |  | 2.4 |  |  |  | 2.8 |
| (a) | Finance lease right-of-use (“ROU”) assets were recorded net of accumulated amortization of $3.0 million and $2.8 million as of December 31, 2022 and March 31, 2022, respectively.
Components of Lease Expense | The components of lease expense were as follows:
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Operating lease expense (a) |  | $ | 5.2 |  |  | $ | 5.2 |  |  | $ | 16.0 |  |  | $ | 14.6 |
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation of ROU assets |  |  | 0.1 |  |  |  | 0.1 |  |  |  | 0.4 |  |  |  | 0.4 |
Interest on lease liabilities |  |  | - |  |  |  | - |  |  |  | 0.1 |  |  |  | 0.1 |
Total lease expense |  | $ | 5.3 |  |  | $ | 5.3 |  |  | $ | 16.5 |  |  | $ | 15.1 |
| (a) | For the three and nine months ended December 31, 2022, operating lease expense included short-term lease expense of $1.4 million and $4.2 million, respectively. 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. Variable lease expense was not significant.

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- Definition Tabular disclosure of lessee's right of use assets and lease liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- References No definition available. + Details
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