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OTHER CHARGES (INCOME), NET
9 Months Ended
Dec. 31, 2019
Other Income and Expenses [Abstract]  
OTHER CHARGES (INCOME), NET OTHER CHARGES (INCOME), NET 
During fiscal year 2019, the Company deconsolidated Bright Machines and recognized a gain of $87.3 million in other income, net. During the three-month ended December 31, 2019 and in connection with the Company’s ongoing assessment of its investment portfolio strategy, the Company concluded that the carrying amount of the investment was other than temporarily impaired and recognized a $15.8 million impairment charge.
During the three-month period ended December 31, 2018, the Company recognized other charges of $71.9 million, primarily driven by a $70.1 million charge related to the impairment of a certain investment in an unrelated third-party venture backed company. This charge was offset by the $87.3 million gain on the deconsolidation of Bright Machines for the nine-month period ended December 31, 2018.