XML 118 R74.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investments (Summarized Statement Of Income) (Details) - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Reconciliation of net income reported by investee to equity interest income:      
Total equity interest income recorded $ 10.7 $ 44.2 $ 52.5
Pop      
Schedule of Equity Method Investments [Line Items]      
Revenues 95.0 86.4 79.0
Expenses:      
Cost of services 52.7 39.7 38.8
Selling, marketing, and general and administration 47.6 42.1 49.5
Depreciation and amortization 7.9 7.8 7.8
Operating loss (13.2) (3.2) (17.1)
Other (income) loss 0.0 0.0 0.4
Interest expense, net 0.6 0.5 0.7
Accretion of redeemable preferred stock units 67.8 57.7 48.5
Total interest expense, net 68.4 58.2 49.6
Reconciliation of net income reported by investee to equity interest income:      
Net income $ (81.6) $ (61.4) $ (66.7)
Ownership interest in investee 50.00% 50.00% 50.00%
The Company's share of net income $ (40.8) $ (30.7) $ (33.4)
Accretion of dividend and interest income of redeemable preferred stock units 33.9 28.8 24.3
Eliminations of the Company's share of profits on licensing sales to investee (0.6) (0.8) (0.9)
Realization of the Company's share of profits on licensing sales to investee 0.6 0.9 0.4
Total equity interest income recorded (6.9) (1.8) (9.6)
EPIX      
Schedule of Equity Method Investments [Line Items]      
Revenues 400.1 413.8 442.8
Expenses:      
Operating expenses 259.8 221.6 252.9
Selling, marketing, and general and administration 23.3 24.0 23.3
Operating loss 117.0 168.2 166.6
Interest and other expense (0.3) (2.2) (2.0)
Reconciliation of net income reported by investee to equity interest income:      
Net income $ 116.7 $ 166.0 $ 164.6
Ownership interest in investee 31.15% 31.15% 31.15%
The Company's share of net income $ 36.4 $ 51.7 $ 51.3
Eliminations of the Company's share of profits on licensing sales to investee [1] (12.4) (7.3) (10.2)
Realization of the Company's share of profits on licensing sales to investee [2] 7.0 7.7 7.6
Total equity interest income recorded $ 31.0 $ 52.1 $ 48.7
[1] Represents the elimination of the gross profit recognized by the Company on licensing sales to EPIX in proportion to the Company's ownership interest in EPIX.
[2] Represents the realization of a portion of the profits previously eliminated. This profit remains eliminated until realized by EPIX. EPIX initially records the license fee for the title as inventory on its balance sheet and amortizes the inventory over the license period. Accordingly, the profit is realized as the inventory on EPIX's books is amortized.