Annual report pursuant to Section 13 and 15(d)

TAXES - Reconciliation of Effective Income Tax Rate (Details)

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TAXES - Reconciliation of Effective Income Tax Rate (Details)
5 Months Ended 7 Months Ended 12 Months Ended
Mar. 31, 2020
Oct. 31, 2019
Mar. 31, 2021
Mar. 31, 2019
Income Tax Disclosure [Abstract]        
Statutory rate 21.00% 21.00% 21.00% 21.00%
Effect of U.S. tax reform 0.00% 0.00% 0.00% (3.50%)
Net foreign tax on non-U.S. earnings (4.20%) (0.70%) (25.20%) (0.30%)
Benefit of foreign tax deduction in the U.S. (0.20%) 0.00% 2.30% 0.00%
Foreign earnings indefinitely reinvested abroad 2.20% (5.90%) 5.80% (4.40%)
Change in valuation allowance (0.40%) (0.60%) 0.00% (15.20%)
Foreign earnings that are currently taxed in the U.S. 0.80% 0.00% (5.60%) (0.70%)
Bargain purchase gain 0.00% 0.00% 30.10% 0.00%
Sales of subsidiaries 0.00% (1.10%) 0.00% 0.00%
Effect of change in foreign statutory corporate income tax rates 0.00% 0.00% 1.70% 0.40%
Preferred stock embedded derivative (27.70%) 0.00% 5.70% 0.00%
Contingent beneficial conversion feature 0.00% (1.00%) 0.00% 0.00%
Impairment of foreign investments 1.40% (0.60%) (26.20%) 0.00%
Fresh start accounting and reorganization 6.70% (3.60%) 0.00% 0.00%
Professional fees to be capitalized for tax 1.30% (1.30%) (2.90%) 0.00%
Changes in tax reserves 0.10% 0.00% 0.00% 0.70%
Impact of U.S. withholding tax (0.30%) (0.10%) (1.30%) (0.40%)
Nondeductible employee separation payments 0.00% 0.00% (1.00%) 0.00%
Other, net (0.40%) (0.30%) (3.80%) 2.40%
Effective income tax rate 0.30% 5.80% 0.60% 0.00%