Leases (Tables)

12 Months Ended

Mar. 31, 2020

Leases [Abstract]

Summary of Lease Cost

The components of the Company's lease costs, weighted average lease terms and discount rates are presented in the tables below:

	Fiscal Year Ended
	March 31, 2020
	(In thousands)
Lease cost:
Operating lease cost	$	60,861
Finance lease cost:
Depreciation of assets obtained under finance leases		11,328
Interest on lease liabilities		2,144
Short-term lease cost		4,750
Variable lease cost		8,608
Net lease cost	$	87,691

Summary of Operating and Finance Lease Costs Weighted Average Lease Terms and Discount Rates

	As of
	March 31, 2020
Lease term and discount rate:
Weighted average remaining lease term (in years):
Operating leases		7.0
Finance leases	6.3
Weighted average discount rate:
Operating leases		5.4	%
Finance leases		5.4	%

Summary of Components of the Consolidated Statements of Cash Flow for Operating and Finance Leases

The following table details components of the consolidated statements of cash flows for operating and finance leases:

	Fiscal Year Ended
	March 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	58,987
Operating cash flows from finance leases	$	1,856
Financing cash flows from finance leases	$	8,044
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	25,420
Finance leases	$	72,711

Summary of Maturities of Lease Liabilities

The following table presents maturities of the Company’s lease liabilities as of March 31, 2020

	Operating Leases		Finance Leases
	(In thousands)
Expected for fiscal year 2021	$	58,466	$	13,350
Expected for fiscal year 2022		59,171		12,000
Expected for fiscal year 2023		54,558		12,000
Expected for fiscal year 2024		54,389		12,000
Expected for fiscal year 2025		50,405		12,000
Thereafter		120,311		15,000
Total future lease payments required		397,300		76,350
Less: interest		68,604		11,394
Total	$	328,696	$	64,956

Summary of Future Minimum Lease Payments Under ASC 840

The following table presents the Company's future minimum lease payments for operating leases under ASC 840 at March 31, 2019:

	Operating Leases
	March 31, 2019
	(In thousands)
Expected for fiscal year 2020	$	59,164
Expected for fiscal year 2021		59,452
Expected for fiscal year 2022		57,500
Expected for fiscal year 2023		50,933
Expected for fiscal year 2024		51,000
Thereafter		183,077
Total minimum payments required	$	461,126