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Interest on Borrowings
12 Months Ended
Mar. 31, 2023
Interest Expense, Borrowings [Abstract]  
Interest on Borrowings Note 10.   Interest on Borrowings Interest Expense Components of interest expense include the following:       Years Ended March 31,     2023   2022   2021     (In thousands) Interest expense $ 229,559 $ 167,618 $ 165,484 Capitalized interest   (11,814)   (9,700)   (11,573) Amortization of transaction costs   6,987   5,556   5,949 Interest expense resulting from cash flow hedges   (774)   3,950   3,642 Total interest expense   223,958   167,424   163,502   Interest paid in cash amounted to $ 225.8 million, $ 166.1 million and $ 166.4 million for fiscal 2023, 2022 and 2021, respectively. Interest paid (received) in cash on derivative contracts was ($0.8) million, $4.0 million and $3.6 million, for fiscal 2023, 2022 and 2021, respectively. Interest Rates Interest rates and our revolving credit borrowings were as follows:       Revolving Credit Activity       Years Ended March 31,       2023   2022   2021       (In thousands, except interest rates)   Weighted average interest rate during the year   3.93 % 1.40 % 1.40 % Interest rate at year end   5.89 % 1.49 % 1.40 % Maximum amount outstanding during the year $ 1,105,000 $ 1,105,000 $ 1,175,000   Average amount outstanding during the year $ 824,211 $ 1,085,074 $ 1,088,293   Facility fees $ 733 $ 253 $ 261