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Leases
6 Months Ended
Sep. 30, 2022
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, 2022 and 2021 were as follows:
Three Months Ended September 30, Six Months Ended September 30,
(In thousands)2022202120222021
Finance lease cost:
     Amortization of right-of-use assets$664 $642 $1,329 $1,284 
     Interest on lease liabilities45 63 95 129 
Operating lease cost1,617 1,683 3,251 3,370 
Short term lease cost51 24 85 46 
Variable lease cost17,016 11,998 29,015 23,649 
Total net lease cost$19,393 $14,410 $33,775 $28,478 

As of September 30, 2022, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease
Total
2023 (Remaining six months ending March 31, 2023)$3,768 $1,461 $5,229 
20246,820 2,922 9,742 
20254,556 1,509 6,065 
20262,157 96 2,253 
20271,875 80 1,955 
Thereafter1,655 — 1,655 
Total undiscounted lease payments20,831 6,068 26,899 
Less amount of lease payments representing interest(1,399)(181)(1,580)
Total present value of lease payments$19,432 $5,887 $25,319 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2022
Weighted average remaining lease term (years)
Operating leases3.61
Finance leases2.16
Weighted average discount rate
Operating leases3.14 %
Finance leases2.95 %
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, 2022 and 2021 were as follows:
Three Months Ended September 30, Six Months Ended September 30,
(In thousands)2022202120222021
Finance lease cost:
     Amortization of right-of-use assets$664 $642 $1,329 $1,284 
     Interest on lease liabilities45 63 95 129 
Operating lease cost1,617 1,683 3,251 3,370 
Short term lease cost51 24 85 46 
Variable lease cost17,016 11,998 29,015 23,649 
Total net lease cost$19,393 $14,410 $33,775 $28,478 

As of September 30, 2022, the maturities of lease liabilities were as follows:
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease
Total
2023 (Remaining six months ending March 31, 2023)$3,768 $1,461 $5,229 
20246,820 2,922 9,742 
20254,556 1,509 6,065 
20262,157 96 2,253 
20271,875 80 1,955 
Thereafter1,655 — 1,655 
Total undiscounted lease payments20,831 6,068 26,899 
Less amount of lease payments representing interest(1,399)(181)(1,580)
Total present value of lease payments$19,432 $5,887 $25,319 

The weighted average remaining lease term and weighted average discount rate were as follows:
September 30, 2022
Weighted average remaining lease term (years)
Operating leases3.61
Finance leases2.16
Weighted average discount rate
Operating leases3.14 %
Finance leases2.95 %