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 A314.4 399.3 
Term Loan B— 819.2 
5.5% Senior Notes and Exchange Notes
715.0 715.0 
eOne IP Credit Facility331.5 — 
LG IP Credit Facility850.0 — 
Total corporate debt2,600.9 2,508.5 
Unamortized debt issuance costs(40.1)(28.5)
Total debt, net2,560.8 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,
2024202320242023
(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.