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Debt (Tables)

12 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Debt, Excluding Film Related and Other Obligations

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

			March 31, 2024						March 31, 2023
			(Amounts in millions)
Corporate debt:
Revolving Credit Facility			$	575.0					$	—
Term Loan A			399.3						428.2
Term Loan B			819.2						831.7
5.500% Senior Notes			715.0						800.0
Total corporate debt			2,508.5						2,059.9
Unamortized debt issuance costs			(28.5)						(40.3)
Total debt, net			2,480.0						2,019.6
Less current portion			(860.3)						(41.4)
Non-current portion of debt			$	1,619.7					$	1,978.2

Future Annual Contractual Principal Payment Commitments of Debt

The following table sets forth future annual contractual principal payment commitments of debt as of March 31, 2024:

						Maturity Date						Year Ending March 31,
Debt Type												2025						2026						2027						2028						2029						Thereafter						Total
												(Amounts in millions)
Revolving Credit Facility						April 2026						$	—					$	—					$	575.0					$	—					$	—					$	—					$	575.0
Term Loan A						April 2026						41.1						44.5						313.7						—						—						—						399.3
Term Loan B						March 2025						819.2						—						—						—						—						—						819.2
5.500% Senior Notes						April 2029						—						—						—						—						—						715.0						715.0
												$	860.3					$	44.5					$	888.7					$	—					$	—					$	715.0					2,508.5
Less aggregate unamortized debt issuance costs																																																(28.5)
																																																$	2,480.0

(Gain) Loss on Extinguishment of Debt

During the fiscal years ended March 31, 2024, 2023 and 2022, the Company recorded a gain (loss) on extinguishment of debt related to the transactions described above as summarized in the table below.

			Year Ended March 31,
			2024						2023						2022
			(Amounts in millions)
Gain (Loss) on Extinguishment of Debt:
Term Loan A prepayment			$	—					$	(1.3)					$	—
Senior Notes repurchases in fiscal 2024 and 2023; Senior Notes redemption and issuance in fiscal 2022(1)			21.2						58.7						(24.7)
Credit Agreement amendment (Revolving Credit Facility and Term Loan A)(1)			—						—						(1.7)
Termination of a portion of Revolving Credit Facility commitments			—						—						(1.1)
Term Loan B repurchases and other			—						—						(0.7)
Production loan prepayment(2)			(1.3)						—						—
			$	19.9					$	57.4					$	(28.2)

________________________

(1)See Accounting for the Fiscal 2022 Senior Notes Redemption and Issuance and Credit Agreement Amendment section below.

(2)Represents issuance costs written off in connection with the early prepayment of certain production loans (see Note 8).

The following table summarizes the accounting for the fiscal 2022 Credit Agreement amendment and Senior Notes redemption and issuance transactions, as described above:

									Year Ended March 31, 2022
									Loss on Extinguishment of Debt						Recorded as a Reduction of Outstanding Debt Balances & Amortized Over Life of New Issuances						Total
									(Amounts in millions)
Credit Agreement amendment (Revolving Credit Facility and Term Loan A) and Senior Notes redemption and issuance:
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

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