XML 53 R14.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill Changes in the carrying value of goodwill by reporting segment were as follows:
| Motion Pictures |  | Television Production |  | Media Networks |  | Total
| (Amounts in millions)
Balance as of March 31, 2016 | $ | 294.4 |  |  | $ | 240.4 |  |  | $ | — |  |  | $ | 534.8 |
Business acquisitions(1) | 68.4 |  |  | — |  |  | 2,131.0 |  |  | 2,199.4 |
Measurement period adjustments(2) | (0.9 | ) |  | — |  |  | (32.8 | ) |  | (33.7 | )
Balance as of March 31, 2017 | 361.9 |  |  | 240.4 |  |  | 2,098.2 |  |  | 2,700.5 |
Business acquisitions(1) | 29.0 |  |  | — |  |  | — |  |  | 29.0 |
Measurement period adjustments(2) | 2.8 |  |  | — |  |  | 8.5 |  |  | 11.3 |
Balance as of March 31, 2018 | $ | 393.7 |  |  | $ | 240.4 |  |  | $ | 2,106.7 |  |  | $ | 2,740.8 |
______________________
(1) | In fiscal 2017, represents the goodwill resulting from the Starz Merger, which was allocated to the Media Networks and Motion Pictures segments based on the estimate of the relative fair value of the businesses included in each segment (see Note 2 and Note 15). In fiscal 2018, represents the goodwill resulting from the acquisition of Good Universe (see Note 2).
(2) | In fiscal 2017 and fiscal 2018, represents measurement period adjustments recorded for the Starz Merger.
Intangible Assets Finite-lived intangible assets consisted of the following as of March 31, 2018 and March 31, 2017:
| March 31, 2018 |  | March 31, 2017
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
| (Amounts in millions)
Finite-lived intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |
Customer relationships(1) | $ | 1,821.0 |  |  | $ | 141.4 |  |  | $ | 1,679.6 |  |  | $ | 1,821.0 |  |  | $ | 33.9 |  |  | $ | 1,787.1 |
Trademarks and trade names | 8.6 |  |  | 7.2 |  |  | 1.4 |  |  | 8.6 |  |  | 6.9 |  |  | 1.7 |
Other | 9.5 |  |  | 2.8 |  |  | 6.7 |  |  | 9.5 |  |  | 1.6 |  |  | 7.9 |
| $ | 1,839.1 |  |  | $ | 151.4 |  |  | $ | 1,687.7 |  |  | $ | 1,839.1 |  |  | $ | 42.4 |  |  | $ | 1,796.7 |
_______________
(1) | Customer relationships primarily represent affiliation agreements with distributors acquired in the Starz Merger (see Note 2).
Indefinite-lived intangible assets not subject to amortization consisted of the following:
| March 31, 2018 |  | March 31, 2017
| (Amounts in millions)
Indefinite-lived intangible assets not subject to amortization: |  |  |
Tradenames(1) | $ | 250.0 |  |  | $ | 250.0 |
_______________
(1) | Tradenames are primarily related to the Starz brand name, which have an indefinite useful life and are not amortized, but rather are assessed for impairment at least annually or more frequently whenever events or circumstances indicate that the rights might be impaired.
Amortization expense associated with the Company's intangible assets for the years ended March 31, 2018, 2017 and 2016 was approximately $109.0 million, $35.7 million, and $1.3 million, respectively. Amortization expense remaining relating to intangible assets for each of the years ending March 31, 2019 through 2023 is estimated to be approximately $109.1 million, $109.1 million, $109.1 million, $109.1 million, and $109.1 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration