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Restatement of Previously Reported Financial Information
3 Months Ended
Jun. 30, 2016
Accounting Changes and Error Corrections [Abstract]  
Restatement of Previously Issued Financial Information
RESTATEMENT OF PREVIOUSLY REPORTED FINANCIAL INFORMATION

As described in Note 1, “Basis of Presentation and Significant Accounting Policies” to the “Notes to Condensed Consolidated Financial Statements,” the Company identified and corrected certain misstatements relating to prior years’ consolidated financial statements that impact the June 30, 2015 condensed consolidated financial statements. In addition, the Company adopted new accounting guidance related to the classification of debt issuance costs on a retrospective basis that also impacts the June 30, 2015 condensed consolidated financial statements. The impact of these changes on selected financial amounts within the accompanying condensed consolidated financial statements are summarized below:

 
Condensed Consolidated Balance Sheet as of
 
June 30, 2015
(in thousands)
As Previously Reported
Inventory and Tax Adjustments
Reclassifications
Adoption of New Accounting Guidance
As Restated
Total current assets
$
1,427,269

$
(3,204
)
$
11,808

$

$
1,435,873

Total non-current assets
169,090



(11,272
)
157,818

Total assets
1,831,686

(3,204
)
11,808

(11,272
)
1,829,018

Non-current liabilities
995,360


11,808

(11,272
)
995,896

Total equity
175,836

(3,204
)


172,632

Total liabilities and equity
1,831,686

(3,204
)
11,808

(11,272
)
1,829,018








21. RESTATEMENT OF PREVIOUSLY REPORTED FINANCIAL INFORMATION (continued)

Statement of Consolidated Stockholders' Equity
(in thousands)
As Previously Reported
Inventory and Tax Adjustments
Reclassifications
Adoption of New Accounting Guidance
As Restated
Retained Deficit at March 31, 2015
$
(208,184
)
$
(3,204
)
$

$

$
(211,388
)
Retained Deficit at June 30, 2015
(234,134
)
(3,204
)


(237,338
)

 
Consolidated Balance Sheet as of
 
March 31, 2016
(in thousands)
As Previously Reported
Inventory and Tax Adjustments
Reclassifications
Adoption of New Accounting Guidance
As Restated
Total non-current assets
$
210,190

$

$

$
(9,875
)
$
200,315

Total assets
1,978,073



(9,875
)
1,968,198

Non-current liabilities
1,028,575



(9,875
)
1,018,700

Total liabilities and equity
1,978,073



(9,875
)
1,968,198