Leases Leases of Lessees (Tables)

12 Months Ended

Mar. 31, 2020

Leases of Lessees [Abstract]

Schedule of supplemental balance sheet information related to leases [Table Text Block]

The following table sets forth the right-of-use assets and lease liabilities for operating leases included in the Company’s consolidated balance sheet:

(in thousands)	March 31, 2020
Assets
Operating lease right-of-use assets	$	39,256
Liabilities
Current portion of operating lease liabilities	$	9,823
Long-term operating lease liabilities	25,893
Total operating lease liabilities	$	35,716

Schedule of income statement information related to leases [Table Text Block]

The following table sets forth the location and amount of operating lease costs included in the Company's consolidated statement of income:

	Fiscal Year Ended March 31,
(in thousands)	2020
Income Statement Location
Cost of goods sold	$	10,954
Selling, general, and administrative expenses	8,574
Total operating lease costs(1)	$	19,528

⁽¹⁾ 

Includes variable operating lease costs.

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table reconciles the undiscounted cash flows to the operating lease liabilities in the Company’s consolidated balance sheet:

(in thousands)	March 31, 2020
Maturity of Operating Lease Liabilities
2021	$	11,317
2022	7,440
2023	6,166
2024	4,776
2025	3,928
2026 and thereafter	6,778
Total undiscounted cash flows for operating leases	$	40,405
Less: Imputed interest	(4,689		)
Total operating lease liabilities	$	35,716

Supplemental information related to operating leases [Table Text Block]

The following table sets forth supplemental information related to operating leases:

	Fiscal Year Ended March 31,
(in thousands, except lease term and incremental borrowing rate)	2020
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of operating lease liabilities	$	11,983
Right-of-use assets obtained in exchange for new operating leases	$	14,957
Weighted Average Remaining Lease Term (years)	5.61
Weighted Average Collateralized Incremental Borrowing Rate	4.10		%