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NET INTEREST EXPENSE
12 Months Ended
Mar. 31, 2022
Banking And Thrift Interest [Abstract]  
NET INTEREST EXPENSE

(M) Net Interest Expense

The following components are included within Interest Expense, net:

 

 

 

For the Years Ended March 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(dollars in thousands)

 

Interest Income

 

$

(39

)

 

$

(66

)

 

$

(34

)

Interest Expense

 

 

21,637

 

 

 

40,624

 

 

 

36,956

 

Other Expenses

 

 

9,275

 

 

 

3,862

 

 

 

1,499

 

Interest Expense, net

 

$

30,873

 

 

$

44,420

 

 

$

38,421

 

 

Interest Income includes interest earned on investments of excess Cash and Cash Equivalents and Restricted Cash. Components of Interest Expense include interest associated with the Revolving Credit Facility, Term Loan (retired in July 2021), Senior Unsecured Notes, Private Placement Senior Unsecured Notes (retired in October 2019), and commitment fees based on the unused portion of the Revolving Credit Facility. Other Expenses include amortization of debt issuance costs and Revolving Credit Facility and Term Loan costs.