v3.25.2
Long-Term Debt
 3 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Long-Term Debt Long-Term Debt
Long-term debt consists of the following, as of the dates indicated:

(In thousands, except percentages)June 30, 2025March 31, 2025
2021 Senior Notes bearing interest at 3.750%, with interest payable on April 1 and October 1 of each year. The 2021 Senior Notes mature on April 1, 2031.
$600,000 $600,000 
2019 Senior Notes bearing interest at 5.125%, with interest payable on January 15 and July 15 of each year. The 2019 Senior Notes mature on January 15, 2028.
400,000 400,000 
Long-term debt1,000,000 1,000,000 
Less: unamortized debt costs(7,251)(7,643)
Long-term debt, net$992,749 $992,357 

At June 30, 2025, we had no balance outstanding on our asset-based revolving credit facility originally entered into on January 31, 2012 (the "2012 ABL Revolver") and a borrowing capacity of $173.2 million.

As of June 30, 2025, aggregate future principal payments required in accordance with the terms of the indentures governing the senior unsecured notes due 2031 (the "2021 Senior Notes") and the senior unsecured notes due 2028 (the "2019 Senior Notes") are as follows:
(In thousands)
Year Ending March 31,Amount
2026 (remaining nine months ending March 31, 2026)$— 
2027— 
2028400,000 
2029— 
2030— 
Thereafter600,000 
$1,000,000