XML 39 R29.htm IDEA: XBRL DOCUMENT v3.21.2

Debt (Tables)

3 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Debt, Excluding Film Obligations

Total debt of the Company, excluding film obligations, was as follows as of June 30, 2021 and March 31, 2021:

			June 30, 2021						March 31, 2021
			(Amounts in millions)
Corporate debt:
Revolving Credit Facility			$	—					$	—
Term Loan A:
2023 Term Loan A			209.7						660.0
2026 Term Loan A			444.9						—
Term Loan B			898.0						952.6
5.500% Senior Notes			1,000.0						—
5.875% Senior Notes			—						518.7
6.375% Senior Notes			—						545.6
Total corporate debt			2,552.6						2,676.9
Unamortized debt issuance costs			(68.2)						(46.0)
Total debt, net			2,484.4						2,630.9
Less current portion			(40.0)						(88.0)
Non-current portion of debt			$	2,444.4					$	2,542.9

Loss on Extinguishment of Debt

The following table summarizes the loss on extinguishment of debt recorded related to the transactions described above in the three months ended June 30, 2021. There was no loss on extinguishment of debt in the three months ended June 30, 2020.

			Three Months Ended June 30, 2021
			Loss on Extinguishment of Debt						Recorded as a Reduction of Outstanding Debt Balances & Amortized Over Life of New Issuances						Total
			(Amounts in millions)
Revolving Credit Facility, Term Loan A and Senior Notes:
New debt issuance costs and call premiums			$	21.2					$	31.0					$	52.2
Previously incurred debt issuance costs			5.2						31.1						36.3
			$	26.4					$	62.1					$	88.5
Loss on Term Loan B repurchases			0.2
Total loss on extinguishment of debt			$	26.6

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7516071&loc=d3e13374-112631

+ Details

Name:	us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration