XML 39 R30.htm IDEA: XBRL DOCUMENT v3.22.4

Debt (Tables)

9 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Debt, Excluding Film Related and Other Obligations

Total debt of the Company, excluding film related and other obligations, was as follows:

			December 31, 2022						March 31, 2022
			(Amounts in millions)
Corporate debt:
Revolving Credit Facility			$	—					$	—
Term Loan A			433.8						638.5
Term Loan B			834.8						844.2
5.500% Senior Notes			857.6						1,000.0
Total corporate debt			2,126.2						2,482.7
Unamortized debt issuance costs			(44.4)						(57.8)
Total debt, net			2,081.8						2,424.9
Less current portion			(39.2)						(222.8)
Non-current portion of debt			$	2,042.6					$	2,202.1

Gain (Loss) on Extinguishment of Debt

During the three and nine months ended December 31, 2022 and 2021, the Company recorded a (gain) loss on extinguishment of debt related to the transactions described above as summarized in the table below:

			Three Months Ended December 31,												Nine Months Ended December 31,
			2022						2021						2022						2021
(Gain) Loss on Extinguishment of Debt:
Term Loan A prepayment			$	—					$	—					$	1.3					$	—
Senior Notes repurchases in 2022; Senior Notes redemption and issuance in 2021			(38.2)						—						(41.6)						24.7
Credit Agreement amendment (Revolving Credit Facility and Term Loan A)			—						—						—						1.7
Termination of a portion of Revolving Credit Facility commitments			—						1.1						—						1.1
Term Loan B repurchases and other			—						—						—						0.7
			$	(38.2)					$	1.1					$	(40.3)					$	28.2

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 https://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