INDEBTEDNESS (Tables)

12 Months Ended

Mar. 31, 2018

Debt Instrument [Line Items]

Long-Term Debt

Long-term debt consists of the following:

	As of March 31,
	2018			2017
	(dollars in thousands)
Bank Credit Facility	$	240,000		$	225,000
4.500% Senior Unsecured Notes Due 2026		350,000			350,000
Private Placement Senior Unsecured Notes		36,500			117,714
Total Debt		626,500			692,714
Less: Current Portion of Long-term Debt		—			(81,214	)
Less: Debt Origination Costs		(5,578	)		(6,247	)
Long-term Debt	$	620,922		$	605,253

Schedule of Maturities of Long-Term Debt

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

Fiscal Year	Amount
2019	$	—
2020		36,500
2021		—
2022		240,000
2023		—
Thereafter		350,000
Total	$	626,500

Schedule of Senior Unsecured Notes Redemption Prices

Beginning August 1,2021, we may redeem some or all of the Senior Unsecured Notes at the redemption prices set forth below (expressed as a percentage of the principal amount being redeemed):

	Percentage
2021		102.25	%
2022		101.50	%
2023		100.75	%
2024 and thereafter		100.00	%

2007 Note Purchase Agreement [Member]

Debt Instrument [Line Items]

Amount Outstanding of Tranches

At March 31,2018, the amounts outstanding for each of the remaining tranches are as follows:

	Principal	Maturity Date	Interest Rate
Tranche D	$36.5 million	October 2, 2019		6.48	%