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ACQUISITIONS (Tables) | 3 Months Ended
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Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The acquisition-date fair value of the consideration totaled $9,513.7, which consisted of the following:
| Fair value of purchase consideration
Cash | $ | 3,992.4 |
Common stock (46.3 shares) | 5,377.7 |
Replacement equity awards | 143.6 |
Total | $ | 9,513.7 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary acquisition date fair value of net tangible and intangible assets acquired, net of liabilities assumed from Zynga:
| Fair Value | Weighted average useful life
Cash acquired | $ | 864.9 |  | N/A
Accounts receivable | 271.2 |  | N/A
Prepaid expenses and other | 192.6 |  | N/A
Fixed assets | 41.5 |  | N/A
Right-of-use assets | 85.7 |  | N/A
Other tangible assets | 67.3 |  | N/A
Accounts payable | (78.5) |  | N/A
Accrued expenses and other current liabilities | (355.5) |  | N/A
Deferred revenue | (333.1) |  | N/A
Lease liabilities | (15.4) |  | N/A
Long-term debt | (1,653.1) |  | N/A
Non-current lease liabilities | (129.1) |  | N/A
Deferred tax liabilities, net | (1,254.7) |  | N/A
Other liabilities assumed | (61.5) |  | N/A
Intangible Assets |  |
Developed game technology | 4,526.0 |  | 7
Branding and trade names | 384.0 |  | 12
Game engine technology | 130.0 |  | 3
User base | 126.0 |  | 1
Developer relationships | 72.0 |  | 7
Advertising technology | 42.0 |  | 3
Customer relationships | 35.0 |  | 5
Goodwill | 6,556.4 |  | N/A
Total | $ | 9,513.7 |  |
Business Acquisition, Pro Forma Information | The amounts of revenue and earnings of Zynga included in our Condensed Consolidated Statement of Operations from the acquisition date are as follows:
| Three Months Ended June 30, 2022 |
Net revenue | $ | 276.7 |  |
Net loss | $ | 177.5 |  |
Pro-forma Financial Information The following table summarizes the pro-forma consolidated results of operations (unaudited) for the three months ended June 30, 2022 and 2021, as though the acquisition had occurred on April 1, 2021, the beginning of fiscal year 2022, and Zynga had been included in our consolidated results for the entire periods subsequent to that date.
| Three Months Ended June 30, |  |
| 2022 |  | 2021 |  |  |  |
Pro-forma Net revenue | $ | 1,480.6 |  |  | $ | 1,538.3 |  |  |  |  |
Pro-forma Net loss | $ | 19.1 |  |  | $ | 295.4 |  |  |  |  |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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