XML 51 R36.htm IDEA: XBRL DOCUMENT v3.20.2
LONG-TERM DEBT (Tables)
6 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term Debt consists of the following:

 

 

 

September 30,

 

 

March 31,

 

 

 

2020

 

 

2020

 

 

 

(dollars in thousands)

 

Revolving Credit Facility

 

$

245,000

 

 

$

560,000

 

4.500% Senior Unsecured Notes Due 2026

 

 

350,000

 

 

 

350,000

 

Term Loan

 

 

665,000

 

 

 

665,000

 

Total Debt

 

 

1,260,000

 

 

 

1,575,000

 

Less: Debt Origination Costs

 

 

(7,284

)

 

 

(7,685

)

Long-term Debt

 

$

1,252,716

 

 

$

1,567,315

 

 

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

%