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Operating Leases
12 Months Ended
Mar. 31, 2014
Leases, Operating [Abstract]  
Operating Leases Of Lessor Disclosure Text Block

6. Leases

 

The Company had no capital leases as of March 31, 2014 and 2013. The Company has operating leases expiring at various dates through 2025. Operating leases generally provide for early purchase options one year prior to expiration.

 

The following is a schedule, by year, of minimum operating lease payments due as of March 31, 2014 (in thousands):

Years ending March 31:  
2015$36,759
2016 32,801
2017 28,431
2018 24,221
2019 19,315
2020-2025 33,647
Total minimum payment required$175,174
   

Lease expense in fiscal 2014, 2013 and 2012 was $43.9 million, $38.1 million and $38.3 million, respectively.