Business Combinations (Tables)

3 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition


Acquisition Consideration
GCA common shares, including employee share-based payment awards outstanding, as of the Acquisition Date	49,382,808
Cash consideration per share	¥	1,398
Cash consideration for tendered common shares	$	531,883

Cash consideration for remaining shares purchased	57,686
Total cash consideration	$	589,569

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as part of the GCA acquisition. We made significant estimates and exercised significant judgment in estimating fair values and accounting for such acquired assets and liabilities. Such fair values are preliminary estimates and are subject to adjustment for up to one year after the acquisition date or when additional information relative to the closing date fair values becomes available and such information is considered final, whichever is earlier. The intangible assets subject to amortization will be amortized on a straight-line basis over their estimated useful lives as of the acquisition date. There were no measurement period adjustments recognized in the first quarter of fiscal 2023.


	Previously Reported As Of March 31, 2022		Measurement Period Adjustments		Fair Value As Of June 30, 2022		Weighted-Average Amortization Period
Assets acquired:
Cash and cash equivalents	$	228,877	$	—	$	228,877
Investment securities	515		—		515
Accounts receivable	54,804		—		54,804
Unbilled work in progress	4,672		—		4,672
Income taxes receivable	1,771		—		1,771
Property and equipment	8,727		—		8,727
Operating lease right-of-use assets	27,383		—		27,383
Receivable from affiliates	—		—		—
Other assets	20,506		—		20,506
Intangible assets other than goodwill			—
Backlog	42,000		—		42,000		1.2 years
Trade name	17,100		—		17,100		2.0 years
Customer relationships	15,200		—		15,200		1.0 year
Total intangible assets acquired	74,300		—		74,300		1.3 years
Total assets	421,555		—		421,555

Liabilities assumed:
Accrued salaries and bonuses	152,409		—		152,409
Accounts payable and accrued expenses	22,722		—		22,722
Payable to affiliates	15		—		15
Deferred income	78		—		78

Deferred income taxes	3,552		—		3,552
Income taxes payable	—		—		—
Operating lease liabilities	27,527		—		27,527
Other liabilities	19,897		—		19,897
Total liabilities	226,200		—		226,200
Net identifiable assets acquired	195,355		—		195,355
Goodwill	394,214		—		394,214
Total GCA equity value	$	589,569	$	—	$	589,569

Business Acquisition, Pro Forma Information


		(Unaudited)
	Three Months Ended June 30,
		2022		2021
Revenue		$	418,644	$	484,352
Net income		84,430		93,947