v3.26.1
Leases (Tables)
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases as of the periods presented was as follows:
(Amounts in thousands) Balance Sheet Classification 20262025
Operating leases      
Right-of-use assets Other assets $73,757 $68,826 
Current lease liabilities Other accrued liabilities 21,303 19,456 
Non-current lease liabilities Other liabilities 52,896 48,781 
Total operating lease liabilities   $74,199 $68,237 
Finance leases   
Right-of-use assets Property, plant and equipment 151,536 159,553 
Current lease liabilities Current maturities of finance lease obligations 38,136 33,143 
Non-current lease liabilities Long-term finance lease obligations 121,935 131,000 
Total finance lease liabilities   $160,071 $164,143 
    
Weighted average lease term (in years): 
Operating leases   4.484.74
Finance leases   4.605.04
Weighted average discount rate:   
Operating leases   5.74 %5.71 %
Finance leases   6.45 %6.38 %
Supplemental cash flow information related to leases for the periods presented were as follows:
(Amounts in thousands)20262025 2024
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows used for operating leases$22,818 $22,161  $18,887 
Operating cash flows used for finance leases10,840 7,013  2,726 
Financing cash flows used for finance leases40,602 25,487  12,145 
Right-of-use assets obtained in exchange for lease obligations: 
Operating leases11,298 26,286  20,511 
Finance leases
42,687 110,198  53,241 
Schedule of Components of Lease Cost
Lease Cost - The components of lease cost for the years ended March 31, 2026, 2025, and 2024 were:
(Amounts in thousands)Income Statement Classification20262025 2024
Operating lease cost     
Operating lease costCost of goods sold$21,055 $20,470  $17,325 
Operating lease costSelling, general and administrative1,763 1,691  1,562 
Short-term lease costCost of goods sold3,425 6,237  8,856 
Total operating lease cost $26,243 $28,398  $27,743 
Finance lease cost  
Amortization of right-of-use assetsCost of goods sold38,519 27,974  13,707 
Amortization of right-of-use assetsSelling, general and administrative415 820  820 
Interest on lease liabilitiesInterest expense11,277 7,666  2,833 
Total finance lease cost $50,211 $36,460  $17,360 
Lessee, Operating Lease, Liability, Maturity
The following is a schedule by year of future minimum lease payments on a rolling twelve-month basis under operating and finance leases and the present value of the net minimum lease payments as of March 31, 2026:
(Amounts in thousands)Operating Leases Finance Leases
Year 1$23,773 $47,252 
Year 218,733 42,976 
Year 313,096 34,108 
Year 411,289 27,342 
Year 57,657 21,194 
Thereafter8,754 12,909 
Total minimum lease payments$83,302 $185,781 
Less: amount representing interest9,103 25,710 
Present value of net minimum lease payments$74,199 $160,071 
Finance Lease, Liability, Fiscal Year Maturity
The following is a schedule by year of future minimum lease payments on a rolling twelve-month basis under operating and finance leases and the present value of the net minimum lease payments as of March 31, 2026:
(Amounts in thousands)Operating Leases Finance Leases
Year 1$23,773 $47,252 
Year 218,733 42,976 
Year 313,096 34,108 
Year 411,289 27,342 
Year 57,657 21,194 
Thereafter8,754 12,909 
Total minimum lease payments$83,302 $185,781 
Less: amount representing interest9,103 25,710 
Present value of net minimum lease payments$74,199 $160,071