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Capital Stock (Tables) | 9 Months Ended
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Dec. 31, 2016
Equity and Share-based Compensation [Abstract] |
Common Shares Reserved For Future Issuance | The table below outlines common shares reserved for future issuance:
| December 31, 2016 |  | March 31, 2016
| (Amounts in millions)
Stock options outstanding, Class A voting shares average exercise price $25.93, Class B non-voting shares average exercise price $18.82 (March 31, 2016 - common shares average exercise price $24.55) | 36 |  |  | 15 |
Restricted stock and restricted share units — unvested | 3 |  |  | 2 |
Common shares available for future issuance under Lionsgate plan | 1 |  |  | 2 |
Common shares available for future issuance under Starz plan | 12 |  |  | — |
Shares issuable upon conversion of January 2012 4.00% Notes at conversion price of $10.21 per share (March 31, 2016 - $10.26) | 4 |  |  | 4 |
Shares issuable upon conversion of April 2013 1.25% Notes at conversion price of $29.19 per share (March 31, 2016 - $29.32) | 2 |  |  | 2 |
Shares reserved for future issuance | 58 |  |  | 25 |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Share-Based Compensation Expense | The Company recognized the following share-based compensation expense during the three and nine months ended December 31, 2016, and 2015:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2016 |  | 2015 |  | 2016 |  | 2015
| (Amounts in millions)
Compensation Expense: |  |  |  |  |  |  |
Stock options | $ | 13 |  |  | $ | 6 |  |  | $ | 29 |  |  | $ | 26 |
Restricted share units and other share-based compensation | 9 |  |  | 7 |  |  | 23 |  |  | 21 |
Share appreciation rights | — |  |  | — |  |  | — |  |  | 1 |
| 22 |  |  | 13 |  |  | 52 |  |  | 48 |
Immediately vested restricted share units issued under annual bonus program(1) | 7 |  |  | — |  |  | 20 |  |  | — |
Impact of accelerated vesting on equity awards(2) | — |  |  | — |  |  | 2 |  |  | — |
Total share-based compensation expense | $ | 29 |  |  | $ | 13 |  |  | $ | 74 |  |  | $ | 48 |
Tax impact(3) | (10 | ) |  | (5 | ) |  | (26 | ) |  | (17 | )
Reduction in net income | $ | 19 |  |  | $ | 8 |  |  | $ | 48 |  |  | $ | 31 |
___________________
(1) | Represents the impact of immediately vested stock awards granted as part of our annual bonus program, and issued in lieu of cash bonuses.
(2) | Represents the impact of the acceleration of certain vesting schedules for equity awards pursuant to certain severance arrangements.
(3) | Represents the income tax benefit recognized in the statements of operations for share-based compensation arrangements.
Schedule of Stock Option, Equity-Settled Share Appreciation Rights and Restricted Share Unit Activity | The following tables sets forth the stock option and restricted share unit activity during the nine months ended December 31, 2016. The activity prior to the December 8, 2016 consummation of the Starz Merger and related reclassification of Lionsgate stock discussed above is presented in the table below:
| Stock Options |  | Weighted-Average Exercise Price |  | Restricted Share Units |  | Weighted-Average Grant-Date Fair Value
Outstanding at March 31, 2016 | 16,093,896 |  |  | $23.83 |  | 1,647,432 |  |  | $31.74
Granted | 5,997,539 |  |  | $22.73 |  | 1,537,632 |  |  | $20.89
Options exercised or RSUs vested | (2,145,852 | ) |  | $9.78 |  | (1,789,908 | ) |  | $25.01
Forfeited or expired | (552,067 | ) |  | $32.39 |  | (164,592 | ) |  | $30.18
Outstanding at December 8, 2016 before share reclassification | 19,393,516 |  |  | $24.80 |  | 1,230,564 |  |  | $28.18
Reclassification of common stock to newly issued Class A voting shares and Class B non-voting shares | (19,393,516 | ) |  |  |  | (1,230,564 | ) |  |
Outstanding at December 8, 2016 after share reclassification | — |  |  |  |  | — |  |  |
Schedule of Share-based Compensation, Stock Options, Activity | The stock option, restricted stock and restricted share unit activity from the December 8, 2016 consummation of the Starz Merger and related reclassification of Lionsgate stock discussed above, through December 31, 2016 is presented in the table below:
| Stock Options |  | Restricted Stock and Restricted Share Units
| Class A Voting Shares |  | Weighted-Average Exercise Price |  | Class B Non-Voting Shares |  | Weighted-Average Exercise Price |  | Class A Voting Shares |  | Weighted-Average Grant-Date Fair Value |  | Class B Non-Voting Shares |  | Weighted-Average Grant-Date Fair Value
Issuance of Class A voting shares and Class B non-voting upon reclassification of common stock at December 8, 2016 | 9,528,634 |  |  | $25.53 |  | 9,528,634 |  |  | $24.68 |  | 615,103 |  |  | $26.48 |  | 615,103 |  |  | $25.70
Issuance for Lions Gate replacement awards | — |  |  | — |  |  | 15,395,707 |  |  | $14.68 |  | — |  |  | — |  |  | 1,861,342 |  |  | $25.70
Granted | 4,913 |  |  | $41.95 |  | 666,740 |  |  | $25.38 |  | 2,916 |  |  | $26.40 |  | 109,790 |  |  | $25.45
Options exercised or restricted stock or RSUs vested | — |  |  | — |  |  | (13,175 | ) |  | $20.83 |  | (8,419 | ) |  | $26.92 |  | (259,198 | ) |  | $25.74
Forfeited or expired | (2,600 | ) |  | $38.73 |  | (17,823 | ) |  | $26.57 |  | (1,718 | ) |  | $36.92 |  | (45,830 | ) |  | $26.12
Outstanding at December 31, 2016 | 9,530,947 |  |  | $25.93 |  | 25,560,083 |  |  | $18.82 |  | 607,882 |  |  | $28.18 |  | 2,281,207 |  |  | $26.35
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity | The stock option, restricted stock and restricted share unit activity from the December 8, 2016 consummation of the Starz Merger and related reclassification of Lionsgate stock discussed above, through December 31, 2016 is presented in the table below:
| Stock Options |  | Restricted Stock and Restricted Share Units
| Class A Voting Shares |  | Weighted-Average Exercise Price |  | Class B Non-Voting Shares |  | Weighted-Average Exercise Price |  | Class A Voting Shares |  | Weighted-Average Grant-Date Fair Value |  | Class B Non-Voting Shares |  | Weighted-Average Grant-Date Fair Value
Issuance of Class A voting shares and Class B non-voting upon reclassification of common stock at December 8, 2016 | 9,528,634 |  |  | $25.53 |  | 9,528,634 |  |  | $24.68 |  | 615,103 |  |  | $26.48 |  | 615,103 |  |  | $25.70
Issuance for Lions Gate replacement awards | — |  |  | — |  |  | 15,395,707 |  |  | $14.68 |  | — |  |  | — |  |  | 1,861,342 |  |  | $25.70
Granted | 4,913 |  |  | $41.95 |  | 666,740 |  |  | $25.38 |  | 2,916 |  |  | $26.40 |  | 109,790 |  |  | $25.45
Options exercised or restricted stock or RSUs vested | — |  |  | — |  |  | (13,175 | ) |  | $20.83 |  | (8,419 | ) |  | $26.92 |  | (259,198 | ) |  | $25.74
Forfeited or expired | (2,600 | ) |  | $38.73 |  | (17,823 | ) |  | $26.57 |  | (1,718 | ) |  | $36.92 |  | (45,830 | ) |  | $26.12
Outstanding at December 31, 2016 | 9,530,947 |  |  | $25.93 |  | 25,560,083 |  |  | $18.82 |  | 607,882 |  |  | $28.18 |  | 2,281,207 |  |  | $26.35

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- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 + Details
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