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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Total revenue $ 785,141   $ 2,235,261  
Operating expenses        
Cost of operations (exclusive of depreciation and amortization below) 332,373   977,568  
Research and development 58,323   168,110  
Sales, marketing, general and administrative 161,959 $ 1,115 499,039 $ 2,504
Customer postage 49,877   145,672  
Depreciation and amortization 151,143   436,552  
Accretion and changes in estimate with related parties, net 956 (1,191) 10,414 47,172
Gain on sale of businesses (32,217)   (60,487)  
Total operating expenses 722,414 (76) 2,176,868 49,676
Operating income (loss) 62,727 76 58,393 (49,676)
Non-operating (income) expense        
Interest expense, net 61,439 1 185,733 1
Contingent consideration     (3,000)  
Loss on extinguishment of debt 6,145   7,634  
Loss from Equity Method Investment in the Joint Venture   8,764   104,497
(Gain) loss on forward purchase contract   (74,084)   (71,649)
Other, net (2,491) (580) (1,443) (1,245)
Total non-operating (income) expense 65,093 (65,899) 188,924 31,604
Income (loss) before income tax provision (benefit) (2,366) 65,975 (130,531) (81,280)
Income tax provision (benefit) (4,562) 15,240 (31,411) (564)
Net income (loss) $ 2,196 $ 50,735 $ (99,120) $ (80,716)
Net income (loss) per share:        
Basic $ 0.01 $ 0.35 $ (0.31) $ (0.67)
Diluted $ 0.01 $ 0.35 $ (0.31) $ (0.67)
Weighted average common shares outstanding:        
Basic 321,013,595 143,392,295 320,570,092 120,657,859
Diluted 324,815,524 146,201,860 320,570,092 120,657,859
Solutions [Member]        
Total revenue $ 735,264   $ 2,089,589  
Postage [Member]        
Total revenue $ 49,877   $ 145,672