XML 86 R42.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2017
Fair Value Disclosures [Abstract] |
Assets and Liabilities Required to Be Carried At Fair Value on a Recurring Basis | The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of March 31, 2017 and 2016:
| March 31, 2017 |  | March 31, 2016
| Level 1 |  | Level 2 |  | Total |  | Level 1 |  | Level 2 |  | Total
Assets: | (Amounts in millions)
Available-for-sale securities (see Note 6) (1): |  |  |  |  |  |  |  |  |  |  |
Investment in Next Games | $ | 8.0 |  |  | $ | — |  |  | $ | 8.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Starz Series A common stock | — |  |  | — |  |  | — |  |  | 55.8 |  |  | — |  |  | 55.8 |
Starz Series B common stock | — |  |  | — |  |  | — |  |  | — |  |  | 68.2 |  |  | 68.2 |
Forward exchange contracts (see Note 18) | — |  |  | 0.6 |  |  | 0.6 |  |  | — |  |  | 9.4 |  |  | 9.4 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Forward exchange contracts (see Note 18) | — |  |  | (0.5 | ) |  | (0.5 | ) |  | — |  |  | (0.7 | ) |  | (0.7 | )
| $ | 8.0 |  |  | $ | 0.1 |  |  | $ | 8.1 |  |  | $ | 55.8 |  |  | $ | 76.9 |  |  | $ | 132.7 |
(1) | At March 31, 2016, the Company classified the Series A common stock of Starz within Level 1 of the fair value hierarchy as the valuation inputs were based on quoted prices in active markets. The Series B common stock of Starz was considered a Level 2 security because the quoted market prices were based on infrequent transactions. Therefore, the fair value of the Series B common stock, which was convertible, at the holder’s option, into Series A common stock of Starz was based on the quoted market price of the Series A common stock, which was an equivalent security other than for the voting rights.
Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis | The following table sets forth the carrying values and fair values of the Company’s investment in Pop's mandatorily redeemable preferred stock units and outstanding debt at March 31, 2017 and March 31, 2016:
| March 31, 2017 |  | March 31, 2016
| (Amounts in millions)
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
|  |  | (Level 3) |  |  |  | (Level 3)
Assets: |  |  |  |  |  |  |
Investment in Pop's mandatorily redeemable preferred stock units | $ | 96.8 |  |  | $ | 122.1 |  |  | $ | 98.7 |  |  | $ | 114.5 |
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
|  |  | (Level 2) |  |  |  | (Level 2)
Liabilities: |  |  |  |  |  |  |
Term Loan A | 961.8 |  |  | 983.8 |  |  | — |  |  | — |
Term Loan B | 1,554.7 |  |  | 1,610.0 |  |  | — |  |  | — |
5.875% Senior Notes | 498.3 |  |  | 542.1 |  |  | — |  |  | — |
January 2012 4.00% Notes | — |  |  | — |  |  | 40.0 |  |  | 41.5 |
April 2013 1.25% Notes | 60.0 |  |  | 58.5 |  |  | 60.0 |  |  | 54.2 |
Production loans | 353.3 |  |  | 353.8 |  |  | 690.0 |  |  | 690.4 |
5.25% Senior Notes | — |  |  | — |  |  | 220.8 |  |  | 229.5 |
Term Loan Due 2022 | — |  |  | — |  |  | 388.2 |  |  | 400.5 |
| $ | 3,428.1 |  |  | $ | 3,548.2 |  |  | $ | 1,399.0 |  |  | $ | 1,416.1 |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration