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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Total revenue $ 3,480,815 $ 3,090,421 $ 196,792
Operating expenses      
Cost of operations (exclusive of depreciation and amortization below) 1,415,267 1,335,075 71,435
Research and development 277,930 227,036 11,559
Sales, marketing, general and administrative 734,554 686,645 39,893
Customer postage 219,612 196,532 12,631
Depreciation and amortization 681,808 591,048 30,838
Accretion and changes in estimate with related parties, net 14,833 13,158 15,823
Gain on sale of businesses   (59,143)  
Tax Receivable Agreement charges     164,633
Goodwill impairment charge     561,164
Total operating expenses 3,344,004 2,990,351 907,976
Operating income (loss) 136,811 100,070 (711,184)
Non-operating (income) expense      
Interest expense, net 234,244 245,241 16,652
Loss on extinguishment of debt 3,885 8,924  
Loss from Equity Method Investment in the Joint Venture     380,713
(Gain) loss on forward purchase contract     (15,881)
Other, net 4,683 (6,698) (1,817)
Total non-operating (income) expense 242,812 247,467 379,667
Income (loss) before income tax provision (benefit) (106,001) (147,397) (1,090,851)
Income tax provision (benefit) (48,611) (35,187) (143,254)
Net income (loss) $ (57,390) $ (112,210) $ (947,597)
Net income (loss) per share:      
Basic and diluted $ (0.18) $ (0.35) $ (6.92)
Weighted average common shares outstanding:      
Basic and diluted 323,996,600 320,771,789 136,996,624
Solutions [Member]      
Total revenue $ 3,261,203 $ 2,893,889 $ 184,161
Postage [Member]      
Total revenue $ 219,612 $ 196,532 $ 12,631