XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]    
Revenues $ 1,005.3 $ 553.6
Expenses:    
Direct operating 554.9 366.3
Distribution and marketing 198.1 125.0
General and administration 111.7 71.0
Depreciation and amortization 40.0 5.6
Restructuring and other 10.9 7.7
Total expenses 915.6 575.6
Operating income (loss) 89.7 (22.0)
Interest expense    
Cash interest 34.6 12.9
Interest on dissenters' liability 13.3 0.0
Discount and financing costs amortization 4.4 2.3
Total interest expense 52.3 15.2
Interest and other income (2.8) (0.9)
Loss on extinguishment of debt 11.6 0.0
Total other expenses, net 61.1 14.3
Income (loss) before equity interests and income taxes 28.6 (36.3)
Equity interests income (loss) (8.3) 10.8
Gain on sale of equity interest in EPIX 201.0 0.0
Income (loss) before income taxes 221.3 (25.5)
Income tax provision (benefit) 46.8 (26.3)
Net income 174.5 0.8
Less: Net (income) loss attributable to noncontrolling interest (0.7) 0.5
Net income attributable to Lions Gate Entertainment Corp. shareholders $ 173.8 $ 1.3
Per share information attributable to Lions Gate Entertainment Corp. shareholders:    
Basic net income per common share (in usd per share) $ 0.84 $ 0.01
Diluted net income per common share (in usd per share) $ 0.80 $ 0.01
Weighted average number of common shares outstanding:    
Basic (in shares) [1] 206.8 147.2
Diluted (in shares) 217.9 149.6
Dividends declared per common share (in usd per share) $ 0 $ 0.09
[1] The weighted average common shares outstanding for the three months ended June 30, 2017 do not include the equity portion of the merger consideration related to the dissenting Starz shareholders as discussed in Note 2 and Note 15.