Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

16. Accumulated Other Comprehensive Income (Loss)

The following is a summary of the accumulated other comprehensive income (loss) activity for the six months ended September 30, 2020 and 2019. Prior to the Merger, the activity in accumulated other comprehensive income (loss) reflects the proportionate share of the Joint Venture’s accumulated other comprehensive income (loss), net of taxes.

	Available		Foreign Currency				Accumulated Other
	For Sale		Translation		Cash Flow		Comprehensive
	Debt Security		Adjustment		Hedge		Income (Loss)
Balance at March 31, 2019	$	—	$	(1,565)	$	(1,691)	$	(3,256)
Cumulative effect of accounting change of the Joint Venture-ASU 2018-02		—		—		422		422
Change associated with foreign currency translation		—		226		—		226
Change associated with current period hedging		—		—		(5,117)		(5,117)
Reclassification into earnings		—		—		(314)		(314)
Balance at June 30, 2019	$	—	$	(1,339)	$	(6,700)	$	(8,039)
Unrealized gain (loss) on available for sale debt securities of the Joint Venture		1,173		—		—		1,173
Change associated with foreign currency translation		—		1,583		—		1,583
Change associated with current period hedging		—		—		(1,509)		(1,509)
Reclassification into earnings		—		—		199		199
Balance at September 30, 2019	$	1,173	$	244	$	(8,010)	$	(6,593)
Balance at March 31, 2020	$	—	$	(7,084)	$	(288)	$	(7,372)
Change associated with foreign currency translation		—		6,353		—		6,353
Change associated with current period hedging		—		—		(4,459)		(4,459)
Reclassification into earnings		—		—		275		275
Balance at June 30, 2020	$	—	$	(731)	$	(4,472)	$	(5,203)
Change associated with foreign currency translation		—		5,221		—		5,221
Change associated with current period hedging		—		—		(2,277)		(2,277)
Reclassification into earnings		—		—		281		281
Balance at September 30, 2020	$	—	$	4,490	$	(6,468)	$	(1,978)

Effective April 1, 2019, the Joint Venture adopted FASB ASU No. 2018-02, which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017.  The adoption of this update resulted in a reclassification between accumulative other comprehensive income (loss) and accumulated earnings (deficit).