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Rental Expense and Lease Commitments (Tables)
 12 Months Ended
Mar. 31, 2022
Operating Leased Assets [Line Items]  
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Future maturities of leases as of March 31, 2022, were as follows (in thousands):
Year:Operating LeasesFinance Lease
2023$8,847 $1,166 
20245,977 1,200 
20255,505 1,236 
20264,421 1,274 
20273,427 1,312 
Thereafter6,511 13,008 
Total undiscounted lease payments$34,688 $19,196 
Less: imputed interest$3,012 $5,112 
Present value of lease liabilities$31,676 $14,084 
Lease, Cost [Table Text Block]
March 31, 2022March 31, 2021
Weighted-average remaining lease term (in years)
     Operating leases5.515.99
     Finance leases13.58— 
Weighted-average discount rate
     Operating leases3.78 %3.86 %
     Finance leases4.51 %— %

Amounts recognized on the financial statements

The following table illustrates the balance sheet classification for ROU assets and lease liabilities as of March 31, 2022 and March 31, 2021, respectively (in thousands):
March 31, 2022March 31, 2021
Operating leases:
Other assets (1)$30,809 $34,181 
Accrued liabilities7,965 7,673 
Other non current liabilities23,711 27,321 
Total operating liabilities$31,676 $34,994 
Finance leases:
Net property, plant, and equipment$13,525 $— 
Current portion of long-term debt and finance lease obligation544 — 
Term loan and finance lease obligations 13,540 — 
Total finance liabilities$14,084 $— 
Schedule of Cash Flow, Supplemental Disclosures
Supplemental cash flow information related to leases is as follows (in thousands):
Year ended
March 31, 2022
Year ended
March 31, 2021
Cash paid for amounts included in the measurement of operating lease liabilities$9,059 $8,909 
Cash paid for amounts included in the measurement of finance lease liabilities$1,132 $— 
ROU assets obtained in exchange for new operating lease liabilities$5,364 $2,866 
ROU assets obtained in exchange for new finance lease liabilities$14,582 $—