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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