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Equity Method Investments and Related-Party Transactions (Tables)
3 Months Ended
Jun. 30, 2021
Equity Method Investments And Related Party Transactions [Abstract]  
The Difference Between Carrying Value of Investment in Euro Infrastructure Co. and Proportionate Share of Net Assets of Euro Infrastructure Co. and Summary of Condensed Financial Information of Significant Non-consolidated Equity Method Investment

The difference between the Company’s carrying value of its investment in Euro Infrastructure Co. and its proportionate share of the net assets of Euro Infrastructure Co. as of March 31, 2021 is summarized as follows:

 

 

 

As of

March 31, 2021

 

 

 

 

Carrying value of investment in Euro Infrastructure Co.

 

$

176,938

 

Less: proportionate share of net assets of Euro

   Infrastructure Co.

 

 

159,394

 

Excess carrying value of investment over

   proportionate share of net assets

 

$

17,544

 

The excess carrying value has been primarily

   assigned to:

 

 

 

 

Goodwill

 

$

23,978

 

Identifiable intangible assets

 

 

8,332

 

Tangible assets

 

 

(15,781

)

Deferred income taxes

 

 

1,015

 

 

 

$

17,544

 

Schedule of Related Party Transactions The following tables set forth the material related-party transactions entered into between Euro Infrastructure Co. and its subsidiaries, on the one hand, and the Company and its subsidiaries, on the other hand, in the ordinary course of business for the time periods presented:

 

 

Three Months Ended

 

 

 

June 30, 2020

 

 

 

(In thousands)

 

Expense – Euro Infrastructure Co.

 

$

4,164

 

Cash received – Euro Infrastructure Co.

 

 

3,402

 

Cash paid – Euro Infrastructure Co.

 

 

8,194

 

 

 

 

 

As of

March 31, 2021

 

 

 

 

Collections in excess of revenues and deferred

   revenues – Euro Infrastructure Co.

 

$

6,013