The Company’s operating leases consist primarily of leases for office space, data centers and satellite ground facilities and have remaining terms from less than one year to ten years, some of which include renewal options, and some of which include options to terminate the leases within one year. Certain earth station leases have renewal terms that have been deemed to be reasonably certain to be exercised and as such have been recognized as part of the Company’s right-of-use assets and lease liabilities. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company recognized right-of-use assets and lease liabilities for such leases in connection with its adoption of ASC 842 as of April 1, 2019 (see Note 1). The Company reports operating lease right-of-use assets in operating lease right-of-use assets and the current and non-current portions of its operating lease liabilities in accrued and other liabilities and non-current operating lease liabilities, respectively.

The Company’s finance leases consist primarily of satellite lifetime Ka-band capacity leases and have remaining terms from one to seven years. The Company reports assets obtained under finance leases in property, equipment and satellites, net and the current and non-current portions of its finance lease liabilities in current portion of long-term debt and other long-term debt, respectively.

The components of the Company's lease costs, weighted average lease terms and discount rates are presented in the tables below:

	Three Months Ended		Six Months Ended
	September 30, 2019		September 30, 2019
	(In thousands)
Lease cost:
Operating lease cost	$	15,037	$	30,380
Finance lease cost:
Depreciation of assets obtained under finance leases		1,553		4,017
Interest on lease liabilities		330		330
Short-term lease cost		1,406		2,017
Variable lease cost		2,043		3,722
Net lease cost	$	20,369	$	40,466

	As of
	September 30, 2019
Lease term and discount rate:
Weighted average remaining lease term (in years):
Operating leases		7.39
Finance leases		6.78

Weighted average discount rate:
Operating leases		5.45	%
Finance leases		5.35	%

The following table details components of the condensed consolidated statements of cash flows for operating and finance leases:

	Six Months Ended
	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	29,629
Operating cash flows from finance leases	$	—
Financing cash flows from finance leases	$	3,000

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	14,429
Finance leases	$	72,711

The following table presents maturities of the Company’s lease liabilities as of September 30, 2019:

	Operating Leases		Finance Leases
	(In thousands)
Expected for the remainder of fiscal year 2020	$	28,081	$	6,900
Expected for fiscal year 2021		59,805		13,350
Expected for fiscal year 2022		57,382		12,000
Expected for fiscal year 2023		51,822		12,000
Expected for fiscal year 2024		51,724		12,000
Thereafter		164,668		27,000
Total future lease payments required		413,482		83,250
Less: interest		74,842		13,209
Total	$	338,640	$	70,041

As of September 30, 2019, the Company had $91.8 million of additional lease commitments that will commence in the future between fiscal years 2020 and 2021 with lease terms of two to 12 years.

As discussed in Note 1, the Company has adopted ASC 842 using the optional transition method presenting prior period amounts and disclosures under ASC 840. The following table presents the Company's future minimum lease payments for operating leases under ASC 840 at March 31, 2019:

	Operating Leases
	March 31, 2019
	(In thousands)
Expected for fiscal year 2020	$	59,164
Expected for fiscal year 2021		59,452
Expected for fiscal year 2022		57,500
Expected for fiscal year 2023		50,933
Expected for fiscal year 2024		51,000
Thereafter		183,077
Total minimum payments required	$	461,126