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Leases
6 Months Ended
Sep. 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 and six months ended September 30, 2021 and 2020 were as follows:
Three Months Ended September 30, Six Months Ended September 30,
(In thousands)2021202020212020
Finance lease cost:
     Amortization of right-of-use assets$642 $443 $1,284 $768 
     Interest on lease liabilities63 59 129 109 
Operating lease cost1,683 1,692 3,370 3,389 
Short term lease cost24 22 46 45 
Variable lease cost11,998 12,303 23,649 24,010 
Sublease income— (55)— (109)
Total net lease cost$14,410 $14,464 $28,478 $28,212 

As of September 30, 2021, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease
Total
2022 (Remaining six months ending March 31, 2022)$3,673 $1,413 $5,086 
20236,211 2,826 9,037 
20246,416 2,826 9,242 
20254,220 1,412 5,632 
20261,898 — 1,898 
Thereafter3,608 — 3,608 
Total undiscounted lease payments26,026 8,477 34,503 
Less amount of lease payments representing interest(1,948)(357)(2,305)
Total present value of lease payments$24,078 $8,120 $32,198 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2021
Weighted average remaining lease term (years)
Operating leases4.41
Finance leases3.00
Weighted average discount rate
Operating leases3.00 %
Finance leases2.98 %
Leases Leases
We lease real estate and equipment for use in our operations.

The components of lease expense for the three and six months ended September 30, 2021 and 2020 were as follows:
Three Months Ended September 30, Six Months Ended September 30,
(In thousands)2021202020212020
Finance lease cost:
     Amortization of right-of-use assets$642 $443 $1,284 $768 
     Interest on lease liabilities63 59 129 109 
Operating lease cost1,683 1,692 3,370 3,389 
Short term lease cost24 22 46 45 
Variable lease cost11,998 12,303 23,649 24,010 
Sublease income— (55)— (109)
Total net lease cost$14,410 $14,464 $28,478 $28,212 

As of September 30, 2021, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease
Total
2022 (Remaining six months ending March 31, 2022)$3,673 $1,413 $5,086 
20236,211 2,826 9,037 
20246,416 2,826 9,242 
20254,220 1,412 5,632 
20261,898 — 1,898 
Thereafter3,608 — 3,608 
Total undiscounted lease payments26,026 8,477 34,503 
Less amount of lease payments representing interest(1,948)(357)(2,305)
Total present value of lease payments$24,078 $8,120 $32,198 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2021
Weighted average remaining lease term (years)
Operating leases4.41
Finance leases3.00
Weighted average discount rate
Operating leases3.00 %
Finance leases2.98 %