The following table provides a summary of leases recorded on the consolidated balance sheets.

Balance Sheet Location

Operating lease ROU assets

Other noncurrent assets

Finance lease ROU assets (a)

Property, plant and equipment - net

Operating lease liabilities

Other current liabilities

Operating lease liabilities

Other noncurrent liabilities

Finance lease liabilities

Long-term debt - current portion

Finance lease liabilities

(a)	Finance lease ROU assets were recorded net of accumulated amortization of $3.7 million and $3.2 million as of March 31, 2024 and 2023, respectively.

The components of lease expense were as follows:

Years ended March 31,

Operating lease expense (a)

Finance lease expense:

Depreciation of ROU assets

Interest on lease liabilities

(a)	In fiscal 2024, 2023, and 2022 operating lease expense included short-term lease expense of $5.4 million, $5.7 million, and $4.2 million respectively. Variable lease expense was not significant.

Supplemental cash flow information

Years ended March 31,

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows for operating leases

Financing cash flows for finance leases

ROU assets obtained in exchange for lease liabilities:

Lease term and discount rates

Weighted-average remaining lease term:

Weighted-average discount rate:

Future minimum rental payments for leases with initial non-cancellable lease terms in excess of one year were as follows at March 31, 2024:

Total lease payments

Present value of lease liabilities