v3.24.1.1.u2
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Segregation of All Assets and Liabilities Measured at Fair Value on a Recurring Basis
The table below segregates all assets and liabilities that are measured at fair value on a recurring basis (which is measured at least annually) into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date.
March 31, 2024
Quoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)Total
Assets:
Cash and cash equivalents:
Money market funds$177.5 $— $— $177.5 
Bank-time deposits64.8 — — 64.8 
Short-term investments:
Bank-time deposits22.0 — — 22.0 
Restricted cash and cash equivalents:
Money market funds238.3 — — 238.3 
Bank-time deposits0.5 — — 0.5 
Restricted cash and cash equivalents, long term:
Money market funds95.9 — — 95.9 
Other assets:
Private equity— — 26.8 26.8 
Total financial assets$599.0 $ $26.8 $625.8 
Liabilities:
Accrued expenses and other current liabilities:
Contingent earn-out consideration$— $— $12.4 $12.4 
Other-long term liabilities:
Contingent earn-out consideration— — 0.7 0.7 
Short-term debt, net:
Convertible notes— 24.6 — 24.6 
Long-term debt, net:
Convertible notes— 25.9 — 25.9 
Total financial liabilities$ $50.5 $13.1 $63.6 
March 31, 2023
Quoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)Total
Assets
Cash and cash equivalents:
Bank-time deposits$368.0 $— $— $368.0 
Money market funds145.8 — — 145.8 
Short-term investments:
Corporate bonds— 145.2 — 145.2 
Bank-time deposits41.8 — — 41.8 
Restricted cash and cash equivalents:
Money market funds306.1 — — 306.1 
Bank-time deposits0.5 — — 0.5 
Restricted cash and cash equivalents, long term:
Money market funds99.6 — — 99.6 
Other assets:
Private equity— — 26.5 26.5 
Total financial assets$961.8 $145.2 $26.5 $1,133.5 
Liabilities
Accrued expenses and other current liabilities:
Foreign currency forward contracts$— $2.5 $— $2.5 
Contingent earn-out consideration— — 66.6 66.6 
Other long-term liabilities:
Contingent earn-out consideration— — 27.3 27.3 
Long-term debt, net:
Convertible notes— 44.1 — 44.1 
Total financial liabilities$— $46.6 $93.9 $140.5