v3.25.2
Segment Reporting (Tables)
 3 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Adjusted EBITDA by Segment
The following table sets forth Adjusted EBITDA by segment:

Three Months Ended June 30,
20252024
Adjusted EBITDA:
K-12$96,393 $91,207 
Higher Education77,759 73,120 
Global Professional11,266 10,162 
International7,208 12,884 
Other(1,210)(8,779)
Total Adjusted EBITDA $191,416 $178,594 
Schedule of Reconciliation of Adjusted EBITDA to Net Income (Loss)
The following table provides a reconciliation of total Adjusted EBITDA to Net income (loss):

Three Months Ended June 30,
20252024
Total Adjusted EBITDA$191,416 $178,594 
Interest (expense) income, net(58,774)(80,876)
Income tax benefit (provision)(36,949)(4,351)
Depreciation, amortization and product development amortization(87,854)(88,880)
Restructuring and cost savings implementation charges(3,106)(6,571)
Advisory fees(2,500)(2,500)
Transaction and Integration costs(100)(1,094)
Other(1,631)(3,769)
Net income (loss) $502 $(9,447)
Schedule of Revenue and Long-lived Assets by Geographic Region
The following tables summarizes revenue and long-lived assets by geographic region:

Revenue (1)
Three Months Ended June 30,
20252024
United States$484,389 $464,470 
International51,321 58,484 
Total $535,710 $522,954 
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(1)
Revenues are attributed to a geographic region based on the location of customer.

Long-Lived Assets (2)
As of
June 30, 2025March 31, 2025
United States$667,449 $646,104 
International33,491 31,773 
Total $700,940 $677,877 
__________________
(2)
Reflects total assets less current assets, goodwill, intangible assets, investments, deferred financing costs and non-current deferred tax assets.