XML 46 R34.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Debt (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2024
Debt Disclosure [Abstract] |
Debt, Excluding Film Related and Other Obligations | Total debt of the Company, excluding film related obligations, was as follows:
| December 31, 2024 |  | March 31, 2024
| (Amounts in millions)
Corporate debt: |  |  |
Revolving Credit Facility | $ | 390.0 |  |  | $ | 575.0 |
Term Loan A | 314.4 |  |  | 399.3 |
Term Loan B | — |  |  | 819.2 |
5.5% Senior Notes and Exchange Notes | 715.0 |  |  | 715.0 |
eOne IP Credit Facility | 331.5 |  |  | — |
LG IP Credit Facility | 850.0 |  |  | — |
Total corporate debt | 2,600.9 |  |  | 2,508.5 |
Unamortized debt issuance costs | (40.1) |  |  | (28.5) |
Total debt, net | 2,560.8 |  |  | 2,480.0 |
Less current portion | (119.0) |  |  | (860.3) |
Non-current portion of debt | $ | 2,441.8 |  |  | $ | 1,619.7 |
Gain (Loss) on Extinguishment of Debt | During the three and nine months ended December 31, 2024 and 2023, 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,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (Amounts in millions)
Gain (Loss) on Extinguishment of Debt: |  |  |  |  |  |  |
Senior Notes exchange and repurchases(1) | $ | — |  |  | $ | — |  |  | $ | (4.9) |  |  | $ | 21.2 |
Term Loan A and B prepayments | (0.3) |  |  | — |  |  | (1.8) |  |  | — |
| $ | (0.3) |  |  | $ | — |  |  | $ | (6.7) |  |  | $ | 21.2 |
________________ (1)The 5.5% Senior Notes Exchange was considered a modification of terms since the present value of the cash flows after the amendment differed by less than a 10% change from the present value of the cash flows on a creditor-by-creditor basis prior to the amendment. Accordingly, the unamortized debt issuance costs are being amortized over the applicable term of the debt and the third-party costs of $4.9 million were expensed as a loss on extinguishment of debt in the nine months ended December 31, 2024.

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 -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481244/470-50-50-1 + Details
Name: | us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration