XML 20 R49.htm IDEA: XBRL DOCUMENT v3.19.3
Investments (Summarized Statements Of Operations) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Schedule of Equity Method Investments [Line Items]        
Revenues $ 47.0 $ 30.7 $ 77.2 $ 53.4
Expenses:        
Gross profit 16.2 15.3 24.3 19.6
Reconciliation of net loss reported by investee to equity interest loss:        
Net income (loss) (8.6) (34.9) (31.0) (55.3)
Total equity interest loss recorded $ (3.2) (11.7) $ (11.1) (17.8)
Pop        
Schedule of Equity Method Investments [Line Items]        
Revenues   25.9   51.5
Expenses:        
Cost of services   12.4   25.5
Selling, marketing and general and administrative expenses   11.5   23.4
Depreciation and amortization   2.0   4.0
Operating income (loss)   0.0   (1.4)
Interest expense, net   0.5   0.9
Accretion of redeemable preferred stock units   22.6   44.4
Total interest expense, net   23.1   45.3
Reconciliation of net loss reported by investee to equity interest loss:        
Net income (loss)   $ (23.1)   $ (46.7)
Ownership interest in investee   50.00%   50.00%
The Company's share of net income (loss)   $ (11.6)   $ (23.4)
Accretion of dividend and interest income of redeemable preferred stock units [1]   11.3   22.2
Eliminations of the Company's share of profits on licensing sales to investee   (0.1)   (0.2)
Realization of the Company's share of profits on licensing sales to investee   0.1   0.3
Total equity interest loss recorded   $ (0.3)   $ (1.1)
[1]
Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units previously held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest loss.