Leases (Table Text Block)

3 Months Ended

12 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Mar. 31, 2023

Leases [Abstract]

Supplemental Balance Sheet Information Related to Leases

		As of September 30, 2023
		Finance		Operating		Total
		(Unaudited)
		(In thousands)
Buildings and improvements	$	–	$	142,467	$	142,467
Furniture and equipment		7,109		–		7,109
Rental trailers and other rental equipment		115,072		–		115,072
Rental trucks		816,075		–		816,075
Right-of-use assets, gross		938,256		142,467		1,080,723
Less: Accumulated depreciation		(560,523)		(77,151)		(637,674)
Right-of-use assets, net	$	377,733	$	65,316	$	443,049

		As of March 31, 2023
		Finance		Operating		Total
				(In thousands)
Buildings and improvements	$	–	$	128,221	$	128,221
Furniture and equipment		9,687		–		9,687
Rental trailers and other rental equipment		152,294		–		152,294
Rental trucks		949,838		–		949,838
Right-of-use assets, gross		1,111,819		128,221		1,240,040
Less: Accumulated depreciation		(637,054)		(69,304)		(706,358)
Right-of-use assets, net	$	474,765	$	58,917	$	533,682

Summary of Weighted-average remaining lease terms and Discount rates

	Finance leases
	September 30,		March 31,
	2023		2023
	(Unaudited)
Weighted average remaining lease term (years)	2		2
Weighted average discount rate	4.0	%	3.8	%

	Operating leases
	September 30,		March 31,
	2023		2023
	(Unaudited)
Weighted average remaining lease term (years)	18.9		19.2
Weighted average discount rate	4.6	%	4.7	%

Components of Lease Expense

		Six Months Ended
		September 30, 2023		September 30, 2022
		(Unaudited)
		(In thousands)
Operating lease costs	$	16,033	$	16,181
Finance lease cost:
Amortization of right-of-use assets	$	31,465	$	43,173
Interest on lease liabilities		4,002		6,142
Total finance lease cost	$	35,467	$	49,315

Maturities of Lease Liabilities

		Finance leases		Operating leases
		(Unaudited)
Year ending March 31,		(In thousands)
2024 (6 months)	$	85,789	$	22,913
2025		61,189		10,059
2026		24,371		6,879
2027		–		6,265
2028		–		5,708
Thereafter		–		60,853
Total lease payments		171,349		112,677
Less: imputed interest		(7,896)		(48,097)
Present value of lease liabilities	$	163,453	$	64,580