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Leases
 3 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Leases Leases
We lease real estate and equipment for use in our operations.

The components of lease expense for the three months ended June 30, 2021 and 2020 were as follows:
Three Months Ended June 30,
(In thousands)20212020
Finance lease cost:
     Amortization of right-of-use assets$642 $325 
     Interest on lease liabilities66 50 
Operating lease cost1,687 1,697 
Short term lease cost22 23 
Variable lease cost11,651 11,707 
Sublease income— (54)
Total net lease cost$14,068 $13,748 
As of June 30, 2021, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2022 (Remaining nine months ending March 31, 2022)$5,453 $2,119 $7,572 
20236,377 2,826 9,203 
20246,335 2,826 9,161 
20254,137 1,413 5,550 
20261,815 — 1,815 
Thereafter3,164 — 3,164 
Total undiscounted lease payments27,281 9,184 36,465 
Less amount of lease payments representing interest(2,978)(420)(3,398)
Total present value of lease payments$24,303 $8,764 $33,067 

The weighted average remaining lease term and weighted average discount rate were as follows:
June 30, 2021
Weighted average remaining lease term (years)
Operating leases4.45
Finance leases3.25
Weighted average discount rate
Operating leases5.26 %
Finance leases2.98 %
Leases Leases
We lease real estate and equipment for use in our operations.

The components of lease expense for the three months ended June 30, 2021 and 2020 were as follows:
Three Months Ended June 30,
(In thousands)20212020
Finance lease cost:
     Amortization of right-of-use assets$642 $325 
     Interest on lease liabilities66 50 
Operating lease cost1,687 1,697 
Short term lease cost22 23 
Variable lease cost11,651 11,707 
Sublease income— (54)
Total net lease cost$14,068 $13,748 
As of June 30, 2021, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2022 (Remaining nine months ending March 31, 2022)$5,453 $2,119 $7,572 
20236,377 2,826 9,203 
20246,335 2,826 9,161 
20254,137 1,413 5,550 
20261,815 — 1,815 
Thereafter3,164 — 3,164 
Total undiscounted lease payments27,281 9,184 36,465 
Less amount of lease payments representing interest(2,978)(420)(3,398)
Total present value of lease payments$24,303 $8,764 $33,067 

The weighted average remaining lease term and weighted average discount rate were as follows:
June 30, 2021
Weighted average remaining lease term (years)
Operating leases4.45
Finance leases3.25
Weighted average discount rate
Operating leases5.26 %
Finance leases2.98 %