v3.26.1
Equity (Tables)
 12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Noncontrolling Interests
The following table presents a rollforward of the noncontrolling interests, on a U.S. GAAP basis, for the years ended March 31, 2026 and 2025:
Noncontrolling Interests
(Dollars in thousands)TrustsFLPBCH Preferred Series A-0 Non-Redeemable
BCH Preferred Series A-1
Total Noncontrolling Interests
Balance, March 31, 2025
$(201,518)$— $160,526 $173,068 $132,076 
Net income (loss)(25,639)(189)12,096 (70,394)(84,126)
Preferred A-0 Unit Accounts guaranteed payment accrual— — (12,096)— (12,096)
Reclass of distributions payable to noncontrolling interest holder(1,956)— — — (1,956)
Miscellaneous adjustment to previously allocated FLP Subclass 3 income— 189 — — 189 
Conversion of BCH Pref A-1 to Class A common stock— — — (9,724)(9,724)
Issuance of equity in connection with recent financings370 — — — 370 
Balance, March 31, 2026
$(228,743)$— $160,526 $92,950 $24,733 
Noncontrolling Interests
(Dollars in thousands)TrustsFLPBCH Preferred Series A-0 Non-Redeemable
BCH Preferred Series A-1
Total Noncontrolling Interests
Balance, March 31, 2024
$(165,712)$— $— $207,943 $42,231 
Net income (loss)(34,914)— 5,430 (34,875)(64,359)
Reclass of distributions payable to noncontrolling interest holder— — (5,430)— (5,430)
Reclass of BCH Preferred A-0 from temporary to permanent equity— — 160,526 — 160,526 
Noncontrolling interest reclass(892)— — — (892)
Balance, March 31, 2025
$(201,518)$— $160,526 $173,068 $132,076