XML 49 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1

Segment Information (Tables)

3 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information By Business Unit

Segment information by business unit is presented in the table below. The Media Networks segment reflects the Starz network business from the date of acquisition (December 8, 2016), and the Lionsgate direct to consumer streaming services on SVOD platforms for the historical periods presented.

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Segment revenues
Motion Pictures	$	472.4			$	362.2
Television Production	156.6				191.1
Media Networks	390.5				0.3
Intersegment eliminations	(14.2		)		—
	$	1,005.3			$	553.6
Intersegment revenues
Motion Pictures	$	5.1			$	—
Television Production	9.1				—
	$	14.2			$	—
Gross contribution
Motion Pictures	$	113.8			$	56.3
Television Production	21.7				17.1
Media Networks	135.1				(6.8		)
Intersegment eliminations	(2.0		)		—
	$	268.6			$	66.6
Segment general and administration
Motion Pictures	$	26.9			$	24.5
Television Production	9.1				7.5
Media Networks	25.6				2.7
	$	61.6			$	34.7
Segment profit (loss)
Motion Pictures	$	86.9			$	31.8
Television Production	12.6				9.6
Media Networks	109.5				(9.5		)
Intersegment eliminations	(2.0		)		—
	$	207.0			$	31.9

Reconciliation Of Total Segment Profit To The Company's Income (Loss) Before Income Taxes

The reconciliation of total segment profit to the Company’s income (loss) before income taxes is as follows:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Company’s total segment profit	$	207.0			$	31.9
Corporate general and administrative expenses	(25.5		)		(21.3		)
Adjusted depreciation and amortization(1)	(10.1		)		(4.8		)
Restructuring and other(2)	(10.9		)		(7.7		)
Adjusted share-based compensation expense(3)	(23.8		)		(13.7		)
Purchase accounting and related adjustments(4)	(47.0		)		(6.4		)
Operating income (loss)	89.7				(22.0		)
Interest expense	(52.3		)		(15.2		)
Interest and other income	2.8				0.9
Loss on extinguishment of debt	(11.6		)		—
Equity interests income (loss)	(8.3		)		10.8
Gain on sale of equity interest in EPIX	201.0				—
Income (loss) before income taxes	$	221.3			$	(25.5	)

___________________

(1) Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of income less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in the acquisition of Starz and Pilgrim Media Group which are included in the purchase accounting and related adjustments line item above, as shown in the table below:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Depreciation and amortization	$	40.0			$	5.6
Less: Amount included in purchase accounting and related adjustments	(29.9		)		(0.8		)
Adjusted depreciation and amortization	$	10.1			$	4.8

(2) Restructuring and other includes restructuring and severance costs, certain transaction related costs, and certain unusual items, when applicable (see Note 13).

(3) The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Share-based compensation	$	23.8			$	22.2
Less:
Bonus related share-based compensation included in segment and corporate general and administrative expense(1)	—				(8.5		)
Adjusted share-based compensation	$	23.8			$	13.7

(1)Represents immediately vested stock awards granted as part of our annual bonus program issued in lieu of cash bonuses, which are, when granted, included in segment or corporate general and administrative expense.

(4) Purchase accounting and related adjustments represent the amortization of non-cash fair value adjustments to the assets and liabilities acquired in the acquisition of Starz and Pilgrim Media Group. The following sets forth the amounts included in each line item in the financial statements:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Purchase accounting and related adjustments:
Direct operating	$	15.9			$	4.3
General and administrative expense	1.2				1.3
Depreciation and amortization	29.9				0.8
	$	47.0			$	6.4

Segment Revenues by Media or Product Line

The following table sets forth revenues by media or product line as broken down by segment for the three months ended June 30, 2017 and 2016:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Segment revenues:
Motion Pictures
Theatrical	$	50.8			$	47.2
Home Entertainment	234.0				143.2
Television	57.7				53.3
International	122.8				113.8
Other	7.1				4.7
Total Motion Pictures revenues	472.4				362.2
Television Production
Domestic Television	128.2				153.0
International	23.0				27.7
Home Entertainment	3.6				6.8
Other	1.8				3.6
Total Television Production revenues	156.6				191.1
Media Networks
Starz Networks	343.2				—
Content and Other	45.9				—
Streaming Services	1.4				0.3
Total Media Networks revenues	390.5				0.3
Intersegment eliminations	(14.2		)		—
Total revenues	$	1,005.3			$	553.6

Adjusted Depreciation and Amortization

Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of income less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in the acquisition of Starz and Pilgrim Media Group which are included in the purchase accounting and related adjustments line item above, as shown in the table below:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Depreciation and amortization	$	40.0			$	5.6
Less: Amount included in purchase accounting and related adjustments	(29.9		)		(0.8		)
Adjusted depreciation and amortization	$	10.1			$	4.8

Adjusted Share-Based Compensation

The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Share-based compensation	$	23.8			$	22.2
Less:
Bonus related share-based compensation included in segment and corporate general and administrative expense(1)	—				(8.5		)
Adjusted share-based compensation	$	23.8			$	13.7

(1)Represents immediately vested stock awards granted as part of our annual bonus program issued in lieu of cash bonuses, which are, when granted, included in segment or corporate general and administrative expense.

Purchase Accounting and Related Adjustments

Purchase accounting and related adjustments represent the amortization of non-cash fair value adjustments to the assets and liabilities acquired in the acquisition of Starz and Pilgrim Media Group. The following sets forth the amounts included in each line item in the financial statements:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
Purchase accounting and related adjustments:
Direct operating	$	15.9			$	4.3
General and administrative expense	1.2				1.3
Depreciation and amortization	29.9				0.8
	$	47.0			$	6.4

Reconciliation of Segment General and Administrative Expense to Consolidated

The following table reconciles segment general and administration to the Company's total consolidated general and administration expense:

	Three Months Ended
	June 30,
	2017				2016
	(Amounts in millions)
General and administration
Segment general and administrative expenses	$	61.6			$	34.7
Corporate general and administrative expenses	25.5				21.3
Share-based compensation expense included in general and administrative expense	23.4				13.7
Purchase accounting and related adjustments	1.2				1.3
	$	111.7			$	71.0

Reconciliation of Assets from Segment to Consolidated

The reconciliation of total segment assets to the Company’s total consolidated assets is as follows:

	June 30, 2017				March 31, 2017
	(Amounts in millions)
Assets
Motion Pictures	$	1,691.2			$	1,802.3
Television Production	1,124.3				1,142.8
Media Networks	5,363.4				5,443.9
Other unallocated assets(1)	454.8				807.9
	$	8,633.7			$	9,196.9

_____________________

(1) Other unallocated assets primarily consist of cash, other assets and investments.

X

- Definition

Table of adjusted depreciation and amortization.

+ References

No definition available.

+ Details

Name:	lgfa_AdjustedDepreciationandAmortizationTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Table of adjusted share-based compensation.

+ References

No definition available.

+ Details

Name:	lgfa_AdjustedShareBasedCompensationTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of purchase accounting and related adjustments.

+ References

No definition available.

+ Details

Name:	lgfa_PurchaseAccountingandRelatedAdjustmentsTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

No definition available.

+ Details

Name:	lgfa_SegmentedInformationByBusinessUnitTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration