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Leases (Tables)

12 Months Ended

Mar. 31, 2023

Leases [Abstract]

Balance Sheet Information for Leases

Balance sheet information for leases is comprised of the following:

			March 31, 2023				March 31, 2022
Leases	Classification
Assets:
Operating	Operating lease assets		$	87,619,000			$	81,997,000
Finance	Plant and equipment			5,549,000				7,470,000
Total leased assets			$	93,168,000			$	89,467,000

Liabilities:
Current
Operating	Operating lease liabilities		$	8,767,000			$	6,788,000
Finance	Other current liabilities			1,851,000				2,330,000
Long-term
Operating	Long-term operating lease liabilities			79,318,000				80,803,000
Finance	Other liabilities			2,742,000				3,425,000
Total lease liabilities			$	92,678,000			$	93,346,000

Lease Cost Recognized in Consolidated Statement of Operations

Lease cost recognized in the consolidated statement of operations is comprised of the following:

		Years Ended March 31,
		2023				2022				2021
Lease cost
Operating lease cost		$	13,176,000			$	12,472,000			$	11,527,000
Short-term lease cost			1,686,000				1,462,000				1,383,000
Variable lease cost			761,000				1,011,000				825,000
Finance lease cost:
Amortization of finance lease assets			1,983,000				2,088,000				1,762,000
Interest on finance lease liabilities			262,000				345,000				379,000
Total lease cost		$	17,868,000			$	17,378,000			$	15,876,000

Maturity of Lease Commitments

Maturities of lease commitments at March 31, 2023 were as follows:

Maturity of lease liabilities by fiscal year		Operating Leases				Finance Leases				Total
2024		$	13,567,000			$	2,064,000			$	15,631,000
2025			12,535,000				1,569,000				14,104,000
2026			12,099,000				837,000				12,936,000
2027			10,816,000				346,000				11,162,000
2028			10,725,000				186,000				10,911,000
Thereafter			53,929,000				6,000				53,935,000
Total lease payments			113,671,000				5,008,000				118,679,000
Less amount representing interest			(25,586,000	)			(415,000	)			(26,001,000	)
Present value of lease liabilities		$	88,085,000			$	4,593,000			$	92,678,000

Other Information about Leases

Other information about leases is as follows:

		March 31, 2023				March 31, 2022
Lease term and discount rate
Weighted-average remaining lease term (years):
Finance leases			2.9				2.9
Operating leases			9.0				10.4
Weighted-average discount rate:
Finance leases			5.9	%			5.1	%
Operating leases			5.8	%			5.7	%