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LEASES (Tables)
12 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
The following table outlines the maturity of our existing operating lease liabilities on a fiscal year-end basis as of March 31, 2023.

Maturity of Operating Leases
Operating Leases
2024$31,617 
202549,298 
202647,968 
202744,337 
202843,370 
2029 and thereafter290,203 
Total506,793 
Less: present value discount(131,924)
Operating lease liabilities$374,869 
As of March 31, 2023, the Company entered into an operating lease for additional office space that has not yet commenced, for approximately $6.3 million. This operating lease will commence during fiscal year 2024 with a lease term of 10 years.
Lease, Cost
Lease costs
March 31, 2023March 31, 2022
Operating lease expense$37,490 $37,299 
Variable lease expense (1)
18,556 10,252 
Short-term lease expense182 214 
Less: Sublease income(390)(18)
Total lease costs$55,838 $47,747 
(1)Primarily consists of payments for property taxes, common area maintenance and usage based operating costs.

Weighted-average details
March 31, 2023March 31, 2022
Weighted-average remaining lease term (years)129
Weighted-average discount rate4.7 %3.4 %
Supplemental cash flow information related to leases:
March 31, 2023March 31, 2022
Operating cash flows:
Cash paid for amounts included in the measurement of Operating lease liabilities$37,233 $32,947 
Non-cash activity:
Operating lease right-of-use assets obtained in exchange of operating lease liabilities$194,656 $32,377 
Change in Operating lease right-of-use assets due to remeasurement(11,799)5,200