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Long-Term Debt (Tables)
12 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consists of the following, as of the dates indicated:
(In thousands, except percentages)March 31,
2022
March 31,
2021
2021 Senior Notes bearing interest at 3.750%, with interest payable on April 1 and October 1 of each year. The 2021 Senior Notes mature on April 1, 2031.
$600,000 $600,000 
2019 Senior Notes bearing interest at 5.125%, with interest payable on January 15 and July 15 of each year. The 2019 Senior Notes mature on January 15, 2028.
400,000 400,000 
2012 Term B-5 Loans bearing interest at the Borrower's option at either LIBOR plus a margin of 2.00%, with a LIBOR floor of 0.00%, or an alternate base rate plus a margin of 1.00%, with a floor of 1.00%, due on January 26, 2024.
— 495,000 
2012 Term B-5 Loans bearing interest at the Borrower's option at either LIBOR plus a margin of 2.00%, with a LIBOR floor of 0.50%, or an alternate base rate plus a margin of 1.00% per annum, due on July 1, 2028.
495,000 — 
Long-term debt1,495,000 1,495,000 
Less: unamortized debt costs(18,342)(15,347)
Long-term debt, net$1,476,658 $1,479,653 
Schedule of Future Principal Payments
As of March 31, 2022, aggregate future principal payments required in accordance with the terms of the 2012 Term Loan, 2012 ABL Revolver and the indentures governing the 2021 Senior Notes and the 2019 Senior Notes are as follows:
(In thousands)
Year Ending March 31,Amount
2023$— 
2024— 
2025— 
2026— 
2027— 
Thereafter1,495,000 
$1,495,000