XML 75 R44.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2024
Fair Value Disclosures [Abstract] |
Assets and Liabilities Required to Be Carried At Fair Value on a Recurring Basis | The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of March 31, 2024 and 2023:
| March 31, 2024 |  | March 31, 2023
| Level 1 |  | Level 2 |  | Total |  | Level 1 |  | Level 2 |  | Total
Assets: | (Amounts in millions)
Forward exchange contracts (see Note 18) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2.9 |  |  | $ | 2.9 |
Interest rate swaps (see Note 18) | — |  |  | 35.6 |  |  | 35.6 |  |  | — |  |  | 41.1 |  |  | 41.1 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Forward exchange contracts (see Note 18) | — |  |  | (2.8) |  |  | (2.8) |  |  | — |  |  | (0.1) |  |  | (0.1) |
Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis | The following table sets forth the carrying values and fair values of the Company’s outstanding debt, film related obligations, and interest rate swaps at March 31, 2024 and 2023:
| March 31, 2024 |  | March 31, 2023
| (Amounts in millions)
| Carrying Value |  | Fair Value(1) |  | Carrying Value |  | Fair Value(1)
|  |  | (Level 2) |  |  |  | (Level 2)
Term Loan A | $ | 396.6 |  |  | $ | 397.3 |  |  | $ | 424.2 |  |  | $ | 415.4 |
Term Loan B | 816.9 |  |  | 818.1 |  |  | 827.2 |  |  | 817.1 |
5.500% Senior Notes | 696.6 |  |  | 536.2 |  |  | 776.0 |  |  | 510.0 |
Production Loans | 1,286.2 |  |  | 1,292.2 |  |  | 1,346.1 |  |  | 1,349.9 |
Production Tax Credit Facility | 258.7 |  |  | 260.0 |  |  | 229.4 |  |  | 231.8 |
Programming Notes | — |  |  | — |  |  | 83.6 |  |  | 83.6 |
Backlog Facility and Other | 285.4 |  |  | 287.3 |  |  | 223.7 |  |  | 226.0 |
IP Credit Facility | 107.6 |  |  | 109.9 |  |  | 140.8 |  |  | 143.8 |
________________ (1)The Company measures the fair value of its outstanding debt and interest rate swaps using discounted cash flow techniques that use observable market inputs, such as SOFR-based yield curves, swap rates, and credit ratings (Level 2 measurements).

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration