v3.26.1
General (Tables)
 12 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted The following is a summary of an ASU adopted by the Company and its impact upon adoption:
Standard
Description
Impact upon Adoption
ASU 2023-09 -
Improvements to
Income Tax
Disclosures (ASU
2023-09)
This ASU requires annual disclosures of prescribed
standard categories for the components of the effective tax
rate reconciliation, disclosure of income taxes paid
disaggregated by jurisdiction, and other income-tax related
disclosures. This ASU is effective on a prospective basis,
with retrospective application permitted, for fiscal years
beginning after December 15, 2024. Early adoption is
permitted.
The Company prospectively adopted this ASU beginning
with this Annual Report. This ASU did not have a material
impact on the Company’s consolidated financial statements
other than additional disclosures under Note 5, “Income
Taxes.”
Not Yet Adopted. The following is a summary of each ASU that has been issued through May 1, 2026, and is
applicable to the Company, but which has not yet been adopted, as well as the planned period of adoption, and the
expected impact on the Company upon adoption:
Standard
Description
Planned Period
of Adoption
Expected Impact on Adoption
ASU 2024-03 -
Disaggregation of
Income
Statement
Expenses (as
amended by ASU
2025-01)
This ASU requires disaggregated disclosure of
relevant statement of comprehensive income
expense captions including tabular presentation
of prescribed expense categories such as
purchases of inventory, employee compensation,
depreciation, intangible asset amortization, and
other specific expense, gains, and losses
required by existing US GAAP. This ASU is
effective on a prospective basis, with
retrospective application permitted, for fiscal
years beginning after December 15, 2026, and
interim periods within fiscal years beginning after
December 15, 2027. Early adoption is permitted.
Q4 FY 2028
and
Q1 FY 2029
The Company is currently evaluating the impact
of the adoption of this ASU on its disclosures in
its annual and interim consolidated financial
statements.
ASU 2025-05 -
Measurement of
Credit Losses for
Accounts
Receivable and
Contract Assets
This ASU provides a practical expedient to
assume that current conditions as of the balance
sheet date do not change for the remaining life of
the asset when estimating expected credit losses
on trade accounts receivable and contract
assets. This ASU is effective on a prospective
basis for fiscal years beginning after December
15, 2025. Early adoption is permitted.
Q1 FY 2027
The Company does not expect the adoption of
this ASU to have a material impact on its annual
consolidated financial statements and interim
condensed consolidated financial statements.
ASU 2025-06 -
Internal-Use
Software
This ASU amends recognition and disclosure
guidance for internal-use software costs,
removing the previous software development
stage model with a more principles-based,
probable-to-complete recognition threshold. This
ASU is effective on either a retrospective,
prospective, or modified prospective basis, for
fiscal years beginning after December 15, 2027,
including interim periods within those fiscal
years. Early adoption is permitted.
Q1 FY 2029
The Company is currently evaluating the impact
of the adoption of this ASU on its annual
consolidated financial statements and interim
condensed consolidated financial statements.
ASU 2025-09 -
Derivatives and
Hedging (Topic
815): Hedge
Accounting
Improvements
This ASU clarifies and improves certain aspects
of hedge accounting, including guidance on the
assessment of similar risk exposure for groups of
forecasted transactions related to cash flow
hedges and other targeted amendments
intended to better align hedge accounting with an
entity’s risk management activities. This ASU is
effective on a prospective basis for fiscal years
beginning after December 15, 2026, including
interim periods within those fiscal years. Early
adoption is permitted.
Q1 FY 2028
The Company is currently evaluating the impact
of the adoption of this ASU on its annual
consolidated financial statements and interim
condensed consolidated financial statements.
ASU 2025-11 -
Interim Reporting:
Narrow-Scope
Improvements
This ASU requires disclosure of events since the
most recent annual reporting period that have a
material impact on interim results, provides a
comprehensive list of required interim
disclosures, and clarifies the form and content
requirements for interim financial statements.
This ASU is effective on either a prospective or
retrospective basis for interim periods within
fiscal years beginning after December 15, 2027.
Early adoption is permitted.
Q1 FY 2029
The Company is currently evaluating the impact
of the adoption of this ASU on disclosures in its
interim condensed consolidated financial
statements.
Schedule of CCA Recorded In The Consolidated Balance Sheets CCAs are recorded in the consolidated balance sheets as follows:
As of March 31,
2026
2025
Prepaid expenses:
Net CCAs placed in service
$2,053
$2,167
Other assets:
Net CCAs placed in service
1,968
3,864
CCAs in process
16,508
163
Total
$20,529
$6,194
Schedule of Change in Asset Retirement Obligation The Company’s AROs are recorded in other long-term liabilities in the consolidated balance sheets and activity was
as follows:
Years Ended March 31,
2026
2025
Beginning balance
$28,118
$25,686
Additions and changes in estimate
8,152
2,192
Liabilities settled during the period
(735)
(732)
Accretion expenses
1,122
927
Foreign currency translation gains
133
45
Ending balance
$36,790
$28,118