Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Mar. 31, 2022

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

27. Accumulated Other Comprehensive Income (Loss)

The following is a summary of the accumulated other comprehensive income (loss) activity. Prior to the Merger, the activity in Accumulated other comprehensive income (loss) reflects the Company’s proportionate share of the Joint Venture’s accumulated other comprehensive income (loss), net of taxes.

			Foreign				Accumulated
	Available		Currency				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
Unrealized gain (loss) on available for sale debt securities of the Joint Venture		1,045		—		—		1,045
Realized gain (loss) on available for sale debt securities of the Joint Venture		(1,045)		—		—		(1,045)
Change associated with foreign currency translation		—		(5,519)		—		(5,519)
Change associated with current period hedging, net of taxes of $607		—		—		981		981
Balance at March 31, 2020	$	—	$	(7,084)	$	(288)	$	(7,372)
Change associated with foreign currency translation		—		21,324		—		21,324
Change associated with current period hedging, net of taxes of ($1,033)		—		—		(3,823)		(3,823)
Reclassification into earnings		—		(110)		1,202		1,092
Balance at March 31, 2021	$	—	$	14,130	$	(2,909)	$	11,221
Change associated with foreign currency translation		—		3,741		—		3,741
Change associated with current period hedging, net of taxes of $7,347		—		—		18,216		18,216
Reclassification into earnings		—		—		1,938		1,938
Balance at March 31, 2022	$	—	$	17,871	$	17,245	$	35,116

Effective April 1, 2019, the Joint Venture adopted 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 Accumulated other comprehensive income (loss) and Accumulated deficit.