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Fair Value Measurements
6 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The following summarizes the financial assets and liabilities measured at fair value on a recurring basis:    

September 30, 2023September 30, 2022March 31, 2023
Level 2Level 3Total
at Fair
Value
Level 2Level 3Total
at Fair
Value
Level 2Level 3Total
at Fair
Value
Financial Assets:
Derivative financial instruments$132 $— $132 $— $— $— $3,970 $— $3,970 
Securitized beneficial interests— 24,393 24,393 — 22,842 22,842 — 19,522 19,522 
Total assets$132 $24,393 $24,525 $— $22,842 $22,842 $3,970 $19,522 $23,492 
Financial Liabilities:
Derivative financial instruments$78 $— $78 $531 $— $531 $— $— $— 
Long-term debt(1)
481,248 507 481,755 417,542 577 418,119 523,758 514 524,272 
Guarantees— 1,458 1,458 — 1,206 1,206 — 5,262 5,262 
Total liabilities$481,326 $1,965 $483,291 $418,073 $1,783 $419,856 $523,758 $5,776 $529,534 
(1) This fair value measurement disclosure does not affect the condensed consolidated balance sheets.

The following summarizes the reconciliation of changes in Level 3 instruments measured on a recurring basis:

Three Months Ended
September 30, 2023September 30, 2022
Securitized Beneficial InterestsLong-Term DebtGuaranteesSecuritized Beneficial InterestsLong-Term DebtGuarantees
Beginning balance$19,641 $509 $5,764 $22,762 $660 $2,601 
Issuances of sales of receivables/guarantees— — 1,200 — — 481 
Settlements(40,198)(2)(4,206)(39,395)— (808)
Additions47,637 — — 41,816 — — 
Losses recognized in earnings(2,687)— (1,300)(2,341)(83)(1,068)
Ending balance$24,393 $507 $1,458 $22,842 $577 $1,206 

Six Months Ended
September 30, 2023September 30, 2022
Securitized Beneficial InterestsLong-Term DebtGuaranteesSecuritized Beneficial InterestsLong-Term DebtGuarantees
Beginning balance$19,522 $514 $5,262 $28,072 $246 $2,956 
Issuances of sales of receivables/guarantees— — 2,254 — — 687 
Settlements(73,381)(7)(4,761)(72,756)— (1,343)
Additions84,277 — — 71,082 370 — 
Losses recognized in earnings(6,025)— (1,297)(3,556)(39)(1,094)
Ending balance$24,393 $507 $1,458 $22,842 $577 $1,206 

For the six months ended September 30, 2023 and 2022, the impact to earnings attributable to the change in unrealized losses on securitized beneficial interests was $1,230 and $597, respectively.