Annual report pursuant to Section 13 and 15(d)

SEGMENT AND GEOGRAPHIC AREA INFORMATION (Tables)

v3.22.1
SEGMENT AND GEOGRAPHIC AREA INFORMATION (Tables)
12 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of percentage of operating revenues by major customer
The percentage of the Company’s operating revenues were derived from the following major customers for the periods reflected in the table below were as follows:
Fiscal Year Ended
March 31, 2022
Fiscal Year Ended
March 31, 2021
Five Months Ended
March 31, 2020
Seven Months Ended
October 31, 2019
Successor Predecessor
Customer A 20.3  % 19.0  % 18.7  % 17.0  %
Customer B 11.1  % 10.0  % 9.6  % 9.4  %
Customer C 6.3  % 6.0  % 6.2  % 5.6  %
Total percentage of operating revenues 37.7  % 35.0  % 34.5  % 32.0  %
Schedule of revenue by segment
The following tables show region information reconciled to consolidated totals, and prepared on the same basis as the Company’s consolidated financial statements (in thousands):
Fiscal Year Ended
March 31, 2022
Fiscal Year Ended
March 31, 2021
Five Months Ended
March 31, 2020
Seven Months Ended
October 31, 2019
  Successor Predecessor
Region revenues from external customers:
Europe $ 662,421  $ 656,769  $ 284,844  $ 428,660 
Americas 379,623  337,527  99,634  140,551 
Asia Pacific 72,035  76,644  30,605  75,722 
Africa 69,663  101,649  70,305  111,896 
Corporate and other 1,462  5,473  375  394 
Total region revenues (1)
$ 1,185,204  $ 1,178,062  $ 485,763  $ 757,223 
_________________________________________________ 
(1) The above table represents disaggregated revenues from contracts with customers except for the following (in thousands):
Fiscal Year Ended
March 31, 2022
Fiscal Year Ended
March 31, 2021
Five Months Ended
March 31, 2020
Seven Months Ended
October 31, 2019
Successor Predecessor
Revenues not from contracts with customers:
Europe $ 2,017  $ 1,224  $ 535  $ 726 
Americas 31,052  33,919  14,971  18,627 
Asia Pacific 523  329  20  191 
Corporate and other 577  2,952  70  — 
Total region revenues not from contracts with customers $ 34,169  $ 38,424  $ 15,596  $ 19,544 
Operating Performance and Total Assets by Segment
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fiscal Year Ended
March 31, 2022
Fiscal Year Ended
March 31, 2021
Five Months Ended
March 31, 2020
Seven Months Ended
October 31, 2019
  Successor Predecessor
Earnings from unconsolidated affiliates, net of losses — equity method investments:
Europe $ —  $ (19) $ 248  $ 168 
Americas (1,738) 402  4,046  6,100 
Corporate and other —  —  —  321 
Total earnings from unconsolidated affiliates, net of losses — equity method investments $ (1,738) $ 383  $ 4,294  $ 6,589 
Consolidated operating income (loss):
Europe $ 62,082  $ 72,199  $ 19,334  $ 26,143 
Americas 71,571  (24,204) 9,762  13,391 
Asia Pacific (13,454) (1,047) (6,921) (33,653)
Africa (27,848) (19,892) 10,154  17,255 
Corporate and other (92,515) (121,753) (36,970) (101,559)
Gain (loss) on disposal of assets 1,347  (8,199) (451) (3,768)
Total consolidated operating income (loss) $ 1,183  $ (102,896) $ (5,092) $ (82,191)
Depreciation and amortization:
Europe $ 34,411  $ 32,241  $ 14,898  $ 28,155 
Americas 17,160  16,847  4,168  16,654 
Asia Pacific 7,219  7,831  3,836  7,463 
Africa 6,460  4,994  2,274  10,829 
Corporate and other 9,731  8,165  3,062  7,763 
Total depreciation and amortization $ 74,981  $ 70,078  $ 28,238  $ 70,864 

March 31, 2022 March 31, 2021
Identifiable assets:
Europe $ 917,656  $ 1,026,042 
Americas 500,219  579,169 
Asia Pacific 50,335  102,169 
Africa 92,582  179,445 
Corporate and other 263,487  105,445 
Total identifiable assets
$ 1,824,279  $ 1,992,270 
Investments in unconsolidated affiliates - equity method investments:
Europe $ —  $ 679 
Americas 585  3,851 
Total investments in unconsolidated affiliates - equity method investments $ 585  $ 4,530