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INDEBTEDNESS (Tables)
12 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consists of the following:

 

 

 

As of March 31,

 

 

 

2024

 

 

2023

 

 

 

(dollars in thousands)

 

Revolving Credit Facility

 

$

170,000

 

 

$

157,000

 

2.500% Senior Unsecured Notes Due 2031

 

 

750,000

 

 

 

750,000

 

Term Loan

 

 

182,500

 

 

 

192,500

 

Total Debt

 

 

1,102,500

 

 

 

1,099,500

 

Less: Current Portion of Long-term Debt

 

 

(10,000

)

 

 

(10,000

)

Less: Unamortized Discount and Debt Issuance Costs

 

 

(9,201

)

 

 

(10,468

)

Long-term Debt

 

$

1,083,299

 

 

$

1,079,032

 

Schedule of Maturities of Long-Term Debt

Our maturities of long-term debt during the next five fiscal years are as follows:

 

Fiscal Year

 

Amount

 

2025

 

$

10,000

 

2026

 

 

10,000

 

2027

 

 

10,000

 

2028

 

 

322,500

 

2029

 

 

 

Thereafter

 

 

750,000

 

Total

 

$

1,102,500