Quarterly report [Sections 13 or 15(d)]

Acquisitions - Business Combination Accounting - Omni Logistics (Details)

v3.25.1
Acquisitions - Business Combination Accounting - Omni Logistics (Details) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2024
Mar. 31, 2024
Jan. 25, 2024
Dec. 31, 2024
Mar. 31, 2025
Fair Value of Assets Acquired and Liabilities Assumed          
Goodwill $ 522,712     $ 522,712 $ 522,712
Omni          
Consideration Transferred          
Cash consideration paid 100,499 $ 100,499 $ 100,499    
Liabilities under tax receivable agreement 13,270 13,270      
Extinguishment of Omni's indebtedness 1,543,003 1,543,003      
Total purchase price (fair value of consideration) 2,274,240 2,313,653      
Fair Value of Assets Acquired and Liabilities Assumed          
Cash and cash equivalents acquired 67,283 78,260   67,283  
Accounts receivable 192,011 181,570   192,011  
Property and equipment 89,374 75,292   89,374  
Other assets 32,555 35,639   32,555  
Operating lease right-of-use assets 247,690 234,025   247,690  
Total assets acquired 1,579,213 1,752,534   1,579,213  
Current liabilities 156,040 156,408   156,040  
Finance lease obligations 17,583 14,606   17,583  
Operating lease liabilities 247,869 234,025   247,869  
Other liabilities 84 643   84  
Deferred income taxes 155,800 133,673   155,800  
Total liabilities assumed 577,376 539,355   577,376  
Goodwill 1,272,403 1,100,474   1,272,403  
Adjustments          
Total purchase price (fair value of consideration)       (39,413)  
Cash and cash equivalents acquired       (10,977)  
Accounts receivable       10,441  
Property and equipment       14,082  
Other assets       (3,084)  
Operating lease right-of-use assets       13,665  
Total assets acquired       (173,321)  
Current liabilities       (368)  
Finance lease obligations       2,977  
Operating lease liabilities       13,844  
Other liabilities       (559)  
Deferred income taxes       22,127  
Total liabilities assumed       38,021  
Total liabilities assumed       171,929  
Omni | Common shares          
Consideration Transferred          
Shares/units 30,828 32,795      
Adjustments          
Shares/units, adjustments       (1,967)  
Omni | Series B preferred shares          
Consideration Transferred          
Shares/units 195,407 207,880      
Adjustments          
Shares/units, adjustments       (12,473)  
Omni | Series C preferred shares          
Consideration Transferred          
Shares/units 53,310 56,713      
Adjustments          
Shares/units, adjustments       (3,403)  
Omni | Opco C-2 preferred units          
Consideration Transferred          
Shares/units 337,923 359,493      
Adjustments          
Shares/units, adjustments       (21,570)  
Omni | Customer relationships          
Fair Value of Assets Acquired and Liabilities Assumed          
Intangible assets 903,800 1,062,729   903,800  
Adjustments          
Intangible assets, adjustments       (158,929)  
Omni | Non-compete agreements          
Fair Value of Assets Acquired and Liabilities Assumed          
Intangible assets 23,400 42,509   23,400  
Adjustments          
Intangible assets, adjustments       (19,109)  
Omni | Trademarks and other          
Fair Value of Assets Acquired and Liabilities Assumed          
Intangible assets $ 23,100 $ 42,510   23,100  
Adjustments          
Intangible assets, adjustments       $ (19,410)