Leases (Tables)

12 Months Ended

Mar. 31, 2021

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 Years Ended
	March 31, 2021		March 31, 2020
	(In thousands)
Lease cost:
Operating lease cost	$	65,732	$	60,861
Finance lease cost:
Depreciation of assets obtained under finance leases		13,656		11,328
Interest on lease liabilities		3,314		2,144
Short-term lease cost		5,618		4,750
Variable lease cost		7,176		8,608
Net lease cost	$	95,496	$	87,691

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

	As of			As of
	March 31, 2021			March 31, 2020
Lease term and discount rate:
Weighted average remaining lease term (in years):
Operating leases		7.4			7.0
Finance leases	5.3			6.3
Weighted average discount rate:
Operating leases		5.4	%		5.4	%
Finance leases		5.4	%		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 Years Ended
	March 31, 2021		March 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	64,676	$	58,987
Operating cash flows from finance leases		3,108		1,856
Financing cash flows from finance leases		10,900		8,044
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	78,393	$	25,420
Finance leases		2,076		72,711

Summary of Maturities of Lease Liabilities

The following table presents maturities of the Company’s lease liabilities as of March 31, 2021:

	Operating Leases		Finance Leases
	(In thousands)
Expected for fiscal year 2022	$	67,650	$	13,567
Expected for fiscal year 2023		62,746		12,008
Expected for fiscal year 2024		62,173		12,000
Expected for fiscal year 2025		57,100		12,000
Expected for fiscal year 2026		54,084		12,000
Thereafter		139,230		3,000
Total future lease payments required		442,983		64,575
Less: interest		80,325		8,239
Total	$	362,658	$	56,336