XML 72 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Quarterly Financial Data (Unaudited)
 12 Months Ended
Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
Certain quarterly information is presented below:
 
 
First
Quarter
 
Second
 Quarter
 
Third
Quarter
 
Fourth
 Quarter
 
 
(Amounts in millions, except per share amounts)
2017
 
 
 
 
 
 
 
 
Revenues
 
$
553.6

 
$
639.5

 
$
752.3

 
$
1,256.1

Operating income (loss)
 
$
(22.0
)
 
$
(58.2
)
 
$
(7.4
)
 
$
71.3

Net income (loss)(1)(2)(3)
 
$
0.8

 
$
(17.3
)
 
$
(30.5
)
 
$
61.5

Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders
 
$
1.3

 
$
(17.5
)
 
$
(30.6
)
 
$
61.6

Per share information attributable to Lions Gate Entertainment Corp. shareholders:
 
 
 
 
 
 
 
 
Basic net income (loss) per common share
 
$
0.01

 
$
(0.12
)
 
$
(0.19
)
 
$
0.30

Diluted income (loss) per common share
 
$
0.01

 
$
(0.12
)
 
$
(0.19
)
 
$
0.28

 
 
First
Quarter
 
Second
 Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(Amounts in millions, except per share amounts)
2016
 
 
 
 
 
 
 
 
Revenues
 
$
408.9

 
$
476.8

 
$
670.5

 
$
791.2

Operating income
 
$
44.2

 
$
(39.3
)
 
$
(9.7
)
 
$
(20.2
)
Net income (loss)(4)
 
$
40.7

 
$
(42.1
)
 
$
32.6

 
$
11.5

Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders(4)
 
$
40.7

 
$
(42.1
)
 
$
40.7

 
$
10.9

Per share information attributable to Lions Gate Entertainment Corp. shareholders:
 
 
 
 
 
 
 
 
Basic net income (loss) per common share
 
$
0.28

 
$
(0.28
)
 
$
0.27

 
$
0.34

Diluted income (loss) per common share
 
$
0.26

 
$
(0.28
)
 
$
0.26

 
$
0.33

________________________________________
(1)
During the first, second, third and fourth quarter of fiscal 2017, net income included restructuring and other items, net of tax, of $4.9 million, $6.8 million, $42.5 million, and $11.9 million, respectively (see Note 15).
(2)
During the third and fourth quarter of fiscal 2017, net income included a loss on extinguishment of debt, net of tax, of $23.4 million and $5.8 million, respectively (see Note 8).
(3)
During the third quarter of fiscal 2017, net income included a gain on Starz investment of $20.4 million (see Note 6 ).
(4)
During the second, third and fourth quarter of fiscal 2016, net income included restructuring and other items, net of tax, of $2.7 million, $11.7 million, and $1.5 million, respectively (see Note 15). For the third quarter of fiscal 2016, net income attributable to Lions Gate Entertainment Corp. shareholders included restructuring and other items, net of tax, of $4.0 million.