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Consolidating Financial Information - Convertible Senior Subordinated Notes (Tables) - Convertible Senior Subordinated Notes | 12 Months Ended
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Mar. 31, 2018
Consolidating Financial Information [Line Items] |
Condensed Consolidating Balance Sheet |
| As of
| March 31, 2018
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
BALANCE SHEET |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 2.1 |  |  | $ | 247.7 |  |  | $ | 128.3 |  |  | $ | — |  |  | $ | 378.1 |
Restricted cash | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accounts receivable, net | 0.5 |  |  | 14.5 |  |  | 931.0 |  |  | — |  |  | 946.0 |
Program rights | — |  |  | — |  |  | 253.2 |  |  | — |  |  | 253.2 |
Other current assets | 2.0 |  |  | 19.9 |  |  | 178.2 |  |  | (4.3 | ) |  | 195.8 |
Total current assets | 4.6 |  |  | 282.1 |  |  | 1,490.7 |  |  | (4.3 | ) |  | 1,773.1 |
Investment in films and television programs and program rights, net | — |  |  | 7.3 |  |  | 1,684.7 |  |  | — |  |  | 1,692.0 |
Property and equipment, net | — |  |  | 37.4 |  |  | 124.3 |  |  | — |  |  | 161.7 |
Investments | 30.1 |  |  | 23.8 |  |  | 111.0 |  |  | — |  |  | 164.9 |
Intangible assets | — |  |  | — |  |  | 1,937.7 |  |  | — |  |  | 1,937.7 |
Goodwill | 10.2 |  |  | — |  |  | 2,730.6 |  |  | — |  |  | 2,740.8 |
Other assets | — |  |  | 17.1 |  |  | 441.5 |  |  | — |  |  | 458.6 |
Deferred tax assets | 38.2 |  |  | 371.3 |  |  | 0.6 |  |  | (371.3 | ) |  | 38.8 |
Subsidiary investments and advances | 3,114.8 |  |  | 1,633.6 |  |  | 8,746.4 |  |  | (13,494.8 | ) |  | — |
| $ | 3,197.9 |  |  | $ | 2,372.6 |  |  | $ | 17,267.5 |  |  | $ | (13,870.4 | ) |  | $ | 8,967.6 |
Liabilities and Equity (Deficiency) |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | 33.5 |  |  | 76.9 |  |  | 337.3 |  |  | — |  |  | 447.7 |
Participations and residuals | — |  |  | 3.5 |  |  | 501.0 |  |  | — |  |  | 504.5 |
Film obligations and production loans | — |  |  | — |  |  | 327.9 |  |  | — |  |  | 327.9 |
Debt - short term portion | — |  |  | 60.2 |  |  | 18.9 |  |  | — |  |  | 79.1 |
Dissenting shareholders' liability | — |  |  | — |  |  | 869.3 |  |  | — |  |  | 869.3 |
Deferred revenue | — |  |  | 1.5 |  |  | 182.4 |  |  | — |  |  | 183.9 |
Total current liabilities | 33.5 |  |  | 142.1 |  |  | 2,236.8 |  |  | — |  |  | 2,412.4 |
Debt | 7.7 |  |  | — |  |  | 2,545.4 |  |  | (74.8 | ) |  | 2,478.3 |
Participations and residuals | — |  |  | — |  |  | 438.3 |  |  | — |  |  | 438.3 |
Film obligations and production loans | — |  |  | — |  |  | 173.3 |  |  | (2.0 | ) |  | 171.3 |
Other liabilities | — |  |  | — |  |  | 46.4 |  |  | — |  |  | 46.4 |
Deferred revenue | — |  |  | — |  |  | 70.5 |  |  | (0.2 | ) |  | 70.3 |
Deferred tax liabilities | — |  |  | — |  |  | 463.2 |  |  | (371.3 | ) |  | 91.9 |
Intercompany payable | — |  |  | 2,051.9 |  |  | 1,181.9 |  |  | (3,233.8 | ) |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 101.8 |  |  | — |  |  | 101.8 |
Total equity (deficiency) | 3,156.7 |  |  | 178.6 |  |  | 10,009.9 |  |  | (10,188.3 | ) |  | 3,156.9 |
| $ | 3,197.9 |  |  | $ | 2,372.6 |  |  | $ | 17,267.5 |  |  | $ | (13,870.4 | ) |  | $ | 8,967.6 |
| As of
| March 31, 2017
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
BALANCE SHEET |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 15.1 |  |  | $ | 160.6 |  |  | $ | 146.2 |  |  | $ | — |  |  | $ | 321.9 |
Restricted cash | — |  |  | 2.8 |  |  | — |  |  | — |  |  | 2.8 |
Accounts receivable, net | 0.6 |  |  | 1.7 |  |  | 905.8 |  |  | — |  |  | 908.1 |
Program rights | — |  |  | — |  |  | 261.7 |  |  | — |  |  | 261.7 |
Other current assets | — |  |  | 21.0 |  |  | 179.7 |  |  | (4.8 | ) |  | 195.9 |
Total current assets | 15.7 |  |  | 186.1 |  |  | 1,493.4 |  |  | (4.8 | ) |  | 1,690.4 |
Investment in films and television programs, net | — |  |  | 6.5 |  |  | 1,723.0 |  |  | — |  |  | 1,729.5 |
Property and equipment, net | — |  |  | 36.3 |  |  | 129.2 |  |  | — |  |  | 165.5 |
Investments | 40.1 |  |  | 18.0 |  |  | 313.4 |  |  | — |  |  | 371.5 |
Intangible assets | — |  |  | — |  |  | 2,046.7 |  |  | — |  |  | 2,046.7 |
Goodwill | 10.2 |  |  | — |  |  | 2,690.3 |  |  | — |  |  | 2,700.5 |
Other assets | — |  |  | 17.1 |  |  | 455.7 |  |  | — |  |  | 472.8 |
Deferred tax assets | 20.0 |  |  | 290.8 |  |  | — |  |  | (290.8 | ) |  | 20.0 |
Subsidiary investments and advances | 5,451.0 |  |  | 1,413.3 |  |  | 5,738.7 |  |  | (12,603.0 | ) |  | — |
| $ | 5,537.0 |  |  | $ | 1,968.1 |  |  | $ | 14,590.4 |  |  | $ | (12,898.6 | ) |  | $ | 9,196.9 |
Liabilities and Equity (Deficiency) |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | 24.1 |  |  | 75.3 |  |  | 473.6 |  |  | — |  |  | 573.0 |
Participations and residuals | — |  |  | 3.5 |  |  | 511.4 |  |  | — |  |  | 514.9 |
Film obligations and production loans | — |  |  | — |  |  | 367.2 |  |  | — |  |  | 367.2 |
Debt - short term portion | 70.0 |  |  | — |  |  | 7.9 |  |  | — |  |  | 77.9 |
Deferred revenue | — |  |  | 2.4 |  |  | 154.5 |  |  | — |  |  | 156.9 |
Total current liabilities | 94.1 |  |  | 81.2 |  |  | 1,514.6 |  |  | — |  |  | 1,689.9 |
Debt | 2,928.6 |  |  | 53.7 |  |  | 64.7 |  |  | — |  |  | 3,047.0 |
Participations and residuals | — |  |  | — |  |  | 359.7 |  |  | — |  |  | 359.7 |
Film obligations and production loans | — |  |  | — |  |  | 116.0 |  |  | — |  |  | 116.0 |
Other liabilities | — |  |  | — |  |  | 50.3 |  |  | — |  |  | 50.3 |
Dissenting shareholders' liability | — |  |  | — |  |  | 812.9 |  |  | — |  |  | 812.9 |
Deferred revenue | — |  |  | — |  |  | 72.7 |  |  | — |  |  | 72.7 |
Deferred tax liabilities | — |  |  | — |  |  | 731.0 |  |  | (290.8 | ) |  | 440.2 |
Intercompany payable | — |  |  | 2,314.6 |  |  | 4,643.7 |  |  | (6,958.3 | ) |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 93.8 |  |  | — |  |  | 93.8 |
Total equity (deficiency) | 2,514.3 |  |  | (481.4 | ) |  | 6,131.0 |  |  | (5,649.5 | ) |  | 2,514.4 |
| $ | 5,537.0 |  |  | $ | 1,968.1 |  |  | $ | 14,590.4 |  |  | $ | (12,898.6 | ) |  | $ | 9,196.9 |
Condensed Consolidating Statement of Income |
| Year Ended
| March 31, 2016
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
STATEMENT OF OPERATIONS |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 23.7 |  |  | $ | 2,324.2 |  |  | $ | (0.5 | ) |  | $ | 2,347.4 |
EXPENSES: |  |  |  |  |  |  |  |  |
Direct operating | — |  |  | 0.5 |  |  | 1,414.8 |  |  | — |  |  | 1,415.3 |
Distribution and marketing | — |  |  | 6.5 |  |  | 655.3 |  |  | — |  |  | 661.8 |
General and administration | 3.4 |  |  | 153.1 |  |  | 107.4 |  |  | (1.5 | ) |  | 262.4 |
Depreciation and amortization | — |  |  | 9.3 |  |  | 3.8 |  |  | — |  |  | 13.1 |
Restructuring and other | 3.1 |  |  | 6.0 |  |  | 10.7 |  |  | — |  |  | 19.8 |
Total expenses | 6.5 |  |  | 175.4 |  |  | 2,192.0 |  |  | (1.5 | ) |  | 2,372.4 |
OPERATING INCOME (LOSS) | (6.5 | ) |  | (151.7 | ) |  | 132.2 |  |  | 1.0 |  |  | (25.0 | )
Interest expense | (38.6 | ) |  | (220.6 | ) |  | (176.0 | ) |  | 380.3 |  |  | (54.9 | )
Interest and other income | 209.4 |  |  | 0.2 |  |  | 172.1 |  |  | (379.8 | ) |  | 1.9 |
Equity interests income (loss) | (113.2 | ) |  | 182.7 |  |  | 46.7 |  |  | (72.0 | ) |  | 44.2 |
INCOME (LOSS) BEFORE INCOME TAXES | 51.1 |  |  | (189.4 | ) |  | 175.0 |  |  | (70.5 | ) |  | (33.8 | )
Income tax provision (benefit) | (0.9 | ) |  | 76.3 |  |  | (65.5 | ) |  | 66.6 |  |  | 76.5 |
NET INCOME (LOSS) | 50.2 |  |  | (113.1 | ) |  | 109.5 |  |  | (3.9 | ) |  | 42.7 |
Less: Net loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | 7.5 |  |  | 7.5 |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 50.2 |  |  | $ | (113.1 | ) |  | $ | 109.5 |  |  | $ | 3.6 |  |  | $ | 50.2 |
| Year Ended
| March 31, 2017
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
STATEMENT OF OPERATIONS |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 17.0 |  |  | $ | 3,184.5 |  |  | $ | — |  |  | $ | 3,201.5 |
EXPENSES: |  |  |  |  |  |  |  |  |
Direct operating | — |  |  | 1.7 |  |  | 1,902.1 |  |  | — |  |  | 1,903.8 |
Distribution and marketing | — |  |  | 1.7 |  |  | 805.1 |  |  | — |  |  | 806.8 |
General and administration | 1.1 |  |  | 129.0 |  |  | 226.6 |  |  | (1.3 | ) |  | 355.4 |
Depreciation and amortization | — |  |  | 11.0 |  |  | 52.1 |  |  | — |  |  | 63.1 |
Restructuring and other | 4.0 |  |  | 71.7 |  |  | 13.0 |  |  | — |  |  | 88.7 |
Total expenses | 5.1 |  |  | 215.1 |  |  | 2,998.9 |  |  | (1.3 | ) |  | 3,217.8 |
OPERATING INCOME (LOSS) | (5.1 | ) |  | (198.1 | ) |  | 185.6 |  |  | 1.3 |  |  | (16.3 | )
Interest expense | (84.1 | ) |  | (225.8 | ) |  | (263.1 | ) |  | 457.8 |  |  | (115.2 | )
Interest and other income | 278.8 |  |  | — |  |  | 184.8 |  |  | (457.2 | ) |  | 6.4 |
Loss on extinguishment of debt | (34.1 | ) |  | (3.2 | ) |  | (3.1 | ) |  | — |  |  | (40.4 | )
Gain on Starz investment | 20.4 |  |  | — |  |  | — |  |  | — |  |  | 20.4 |
Equity interests income (loss) | (171.3 | ) |  | 112.7 |  |  | 18.1 |  |  | 51.2 |  |  | 10.7 |
INCOME (LOSS) BEFORE INCOME TAXES | 4.6 |  |  | (314.4 | ) |  | 122.3 |  |  | 53.1 |  |  | (134.4 | )
Income tax benefit (provision) | 10.2 |  |  | 140.8 |  |  | (47.7 | ) |  | 45.6 |  |  | 148.9 |
NET INCOME (LOSS) | 14.8 |  |  | (173.6 | ) |  | 74.6 |  |  | 98.7 |  |  | 14.5 |
Less: Net loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | 0.3 |  |  | 0.3 |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 14.8 |  |  | $ | (173.6 | ) |  | $ | 74.6 |  |  | $ | 99.0 |  |  | $ | 14.8 |
| Year Ended
| March 31, 2018
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
|  |  | (Amounts in millions) |  |
STATEMENT OF OPERATIONS |  |  |  |  |  |  |  |  |
Revenues | $ | 0.1 |  |  | $ | 6.5 |  |  | $ | 4,122.5 |  |  | $ | — |  |  | $ | 4,129.1 |
EXPENSES: |  |  |  |  |  |  |  |  |
Direct operating | (0.2 | ) |  | — |  |  | 2,309.8 |  |  | — |  |  | 2,309.6 |
Distribution and marketing | — |  |  | 0.7 |  |  | 896.9 |  |  | — |  |  | 897.6 |
General and administration | 2.8 |  |  | 174.4 |  |  | 278.8 |  |  | (1.6 | ) |  | 454.4 |
Depreciation and amortization | — |  |  | 10.6 |  |  | 148.4 |  |  | — |  |  | 159.0 |
Restructuring and other | 2.6 |  |  | 24.2 |  |  | 33.0 |  |  | — |  |  | 59.8 |
Total expenses | 5.2 |  |  | 209.9 |  |  | 3,666.9 |  |  | (1.6 | ) |  | 3,880.4 |
OPERATING INCOME (LOSS) | (5.1 | ) |  | (203.4 | ) |  | 455.6 |  |  | 1.6 |  |  | 248.7 |
Interest expense | (125.7 | ) |  | (219.6 | ) |  | (1,130.2 | ) |  | 1,281.8 |  |  | (193.7 | )
Interest and other income | 1,102.6 |  |  | — |  |  | 189.0 |  |  | (1,281.2 | ) |  | 10.4 |
Loss on extinguishment of debt | (24.8 | ) |  | (1.4 | ) |  | (9.5 | ) |  | — |  |  | (35.7 | )
Gain on sale of equity interest in EPIX | — |  |  | — |  |  | 201.0 |  |  | — |  |  | 201.0 |
Impairment of long-term investments and other assets | (10.0 | ) |  | — |  |  | (19.2 | ) |  | — |  |  | (29.2 | )
Equity interests income (loss) | (482.0 | ) |  | 134.7 |  |  | (26.3 | ) |  | 320.8 |  |  | (52.8 | )
INCOME (LOSS) BEFORE INCOME TAXES | 455.0 |  |  | (289.7 | ) |  | (339.6 | ) |  | 323.0 |  |  | 148.7 |
Income tax provision (benefit) | 18.4 |  |  | (139.1 | ) |  | 378.2 |  |  | 61.9 |  |  | 319.4 |
NET INCOME (LOSS) | 473.4 |  |  | (428.8 | ) |  | 38.6 |  |  | 384.9 |  |  | 468.1 |
Less: Net loss attributable to noncontrolling interest | — |  |  | — |  |  | 5.9 |  |  | (0.4 | ) |  | 5.5 |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 473.4 |  |  | $ | (428.8 | ) |  | $ | 44.5 |  |  | $ | 384.5 |  |  | $ | 473.6 |
Condensed Consolidating Statement of Comprehensive Income |
| Year Ended
| March 31, 2016
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
STATEMENT OF COMPREHENSIVE INCOME (LOSS) | (Amounts in millions)
NET INCOME (LOSS) | $ | 50.2 |  |  | $ | (113.1 | ) |  | $ | 109.5 |  |  | $ | (3.9 | ) |  | $ | 42.7 |
Foreign currency translation adjustments, net of tax | (3.1 | ) |  | (4.3 | ) |  | (6.5 | ) |  | 10.8 |  |  | (3.1 | )
Net unrealized loss on available-for-sale securities, net of tax | (37.6 | ) |  | — |  |  | (37.6 | ) |  | 37.6 |  |  | (37.6 | )
Net unrealized gain on foreign exchange contracts, net of tax | (0.2 | ) |  | — |  |  | (0.2 | ) |  | 0.2 |  |  | (0.2 | )
COMPREHENSIVE INCOME (LOSS) | $ | 9.3 |  |  | $ | (117.4 | ) |  | $ | 65.2 |  |  | $ | 44.7 |  |  | $ | 1.8 |
Less: Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | 7.5 |  |  | 7.5 |
Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 9.3 |  |  | $ | (117.4 | ) |  | $ | 65.2 |  |  | $ | 52.2 |  |  | $ | 9.3 |
| Year Ended
| March 31, 2017
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
STATEMENT OF COMPREHENSIVE INCOME (LOSS) | (Amounts in millions)
NET INCOME (LOSS) | $ | 14.8 |  |  | $ | (173.6 | ) |  | $ | 74.6 |  |  | $ | 98.7 |  |  | $ | 14.5 |
Foreign currency translation adjustments, net of tax | (3.0 | ) |  | (14.0 | ) |  | (11.3 | ) |  | 20.2 |  |  | (8.1 | )
Net unrealized loss on available-for-sale securities, net of tax | 56.4 |  |  | — |  |  | 56.4 |  |  | (56.4 | ) |  | 56.4 |
Reclassification adjustment for gain on available-for-sale securities realized in net income | (17.8 | ) |  | — |  |  | (17.8 | ) |  | 17.8 |  |  | (17.8 | )
Net unrealized gain on foreign exchange contracts, net of tax | (3.5 | ) |  | — |  |  | (3.5 | ) |  | 3.5 |  |  | (3.5 | )
COMPREHENSIVE INCOME (LOSS) | $ | 46.9 |  |  | $ | (187.6 | ) |  | $ | 98.4 |  |  | $ | 83.8 |  |  | $ | 41.5 |
Less: Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | 0.3 |  |  | 0.3 |
Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 46.9 |  |  | $ | (187.6 | ) |  | $ | 98.4 |  |  | $ | 84.1 |  |  | $ | 41.8 |
| Year Ended
| March 31, 2018
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
STATEMENT OF COMPREHENSIVE INCOME (LOSS) |  |  | (Amounts in millions) |  |
NET INCOME (LOSS) | $ | 473.4 |  |  | $ | (428.8 | ) |  | $ | 38.6 |  |  | $ | 384.9 |  |  | $ | 468.1 |
Foreign currency translation adjustments, net of tax | 6.2 |  |  | 7.0 |  |  | 6.5 |  |  | (12.7 | ) |  | 7.0 |
Net unrealized gain (loss) on available-for-sale securities, net of tax | 0.5 |  |  | (0.7 | ) |  | 0.2 |  |  | (0.5 | ) |  | (0.5 | )
Net unrealized loss on foreign exchange contracts, net of tax | (0.2 | ) |  | — |  |  | (0.2 | ) |  | 0.2 |  |  | (0.2 | )
COMPREHENSIVE INCOME (LOSS) | 479.9 |  |  | (422.5 | ) |  | 45.1 |  |  | 371.9 |  |  | 474.4 |
Less: Comprehensive (income) loss attributable to noncontrolling interest | — |  |  | — |  |  | 5.9 |  |  | (0.4 | ) |  | 5.5 |
Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 479.9 |  |  | $ | (422.5 | ) |  | $ | 51.0 |  |  | $ | 371.5 |  |  | $ | 479.9 |
Condensed Consolidating Statement of Cash Flows |
| Year Ended
| March 31, 2016
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
STATEMENT OF CASH FLOWS |  |  |  |  |  |  |  |  |
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES | $ | (49.1 | ) |  | $ | 7.7 |  |  | $ | 22.4 |  |  | $ | — |  |  | $ | (19.0 | )
INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |
Proceeds from the sale of equity method investees | — |  |  | — |  |  | — |  |  | — |  |  | — |
Investment in equity method investees | — |  |  | (8.6 | ) |  | (8.2 | ) |  | — |  |  | (16.8 | )
Business acquisitions, net of cash acquired of $15.8 | — |  |  | — |  |  | (126.9 | ) |  | — |  |  | (126.9 | )
Capital expenditures | — |  |  | (18.3 | ) |  | (0.1 | ) |  | — |  |  | (18.4 | )
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES | — |  |  | (26.9 | ) |  | (135.2 | ) |  | — |  |  | (162.1 | )
FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |
Debt - borrowings | 629.5 |  |  | — |  |  | — |  |  | — |  |  | 629.5 |
Debt - repayments | (444.5 | ) |  | — |  |  | — |  |  | — |  |  | (444.5 | )
Production loans - borrowings | — |  |  | — |  |  | 572.6 |  |  | — |  |  | 572.6 |
Production loans - repayments | — |  |  | — |  |  | (483.1 | ) |  | — |  |  | (483.1 | )
Repurchase of common shares | (73.2 | ) |  | — |  |  | — |  |  | — |  |  | (73.2 | )
Dividends paid | (47.5 | ) |  | — |  |  | — |  |  | — |  |  | (47.5 | )
Exercise of stock options | 6.1 |  |  | — |  |  | — |  |  | — |  |  | 6.1 |
Tax withholding required on equity awards | (24.2 | ) |  | — |  |  | — |  |  | — |  |  | (24.2 | )
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES | 46.2 |  |  | — |  |  | 89.5 |  |  | — |  |  | 135.7 |
NET CHANGE IN CASH AND CASH EQUIVALENTS | (2.9 | ) |  | (19.2 | ) |  | (23.3 | ) |  | — |  |  | (45.4 | )
FOREIGN EXCHANGE EFFECTS ON CASH | — |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.4 |
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD | 3.5 |  |  | 47.3 |  |  | 51.9 |  |  | — |  |  | 102.7 |
CASH AND CASH EQUIVALENTS — END OF PERIOD | $ | 0.6 |  |  | $ | 28.1 |  |  | $ | 29.0 |  |  | $ | — |  |  | $ | 57.7 |
| Year Ended
| March 31, 2017
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
STATEMENT OF CASH FLOWS |  |  |  |  |  |  |  |  |
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES | $ | (2,121.9 | ) |  | $ | 145.2 |  |  | $ | 2,535.3 |  |  | $ | — |  |  | $ | 558.6 |
INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |
Investment in equity method investees | — |  |  | (4.2 | ) |  | (16.4 | ) |  | — |  |  | (20.6 | )
Distributions from equity method investees | — |  |  | 0.4 |  |  | 2.7 |  |  | — |  |  | 3.1 |
Business acquisitions, net of cash acquired of $73.5 | — |  |  | — |  |  | (1,102.6 | ) |  | — |  |  | (1,102.6 | )
Capital expenditures | — |  |  | (8.9 | ) |  | (16.3 | ) |  | — |  |  | (25.2 | )
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES | — |  |  | (12.7 | ) |  | (1,132.6 | ) |  | — |  |  | (1,145.3 | )
FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |
Debt - borrowings | 4,002.8 |  |  | — |  |  | — |  |  | — |  |  | 4,002.8 |
Debt - repayments | (1,824.1 | ) |  | — |  |  | (942.8 | ) |  | — |  |  | (2,766.9 | )
Production loans - borrowings | — |  |  | — |  |  | 296.0 |  |  | — |  |  | 296.0 |
Production loans - repayments | — |  |  | — |  |  | (632.6 | ) |  | — |  |  | (632.6 | )
Dividends paid | (26.8 | ) |  | — |  |  | — |  |  | — |  |  | (26.8 | )
Distributions to noncontrolling interest | — |  |  | — |  |  | (6.9 | ) |  | — |  |  | (6.9 | )
Exercise of stock options | 25.4 |  |  | — |  |  | — |  |  | — |  |  | 25.4 |
Tax withholding required on equity awards | (40.9 | ) |  | — |  |  | — |  |  | — |  |  | (40.9 | )
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES | 2,136.4 |  |  | — |  |  | (1,286.3 | ) |  | — |  |  | 850.1 |
NET CHANGE IN CASH AND CASH EQUIVALENTS | 14.5 |  |  | 132.5 |  |  | 116.4 |  |  | — |  |  | 263.4 |
FOREIGN EXCHANGE EFFECTS ON CASH | — |  |  | — |  |  | 0.8 |  |  | — |  |  | 0.8 |
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD | 0.6 |  |  | 28.1 |  |  | 29.0 |  |  | — |  |  | 57.7 |
CASH AND CASH EQUIVALENTS — END OF PERIOD | $ | 15.1 |  |  | $ | 160.6 |  |  | $ | 146.2 |  |  | $ | — |  |  | $ | 321.9 |
| Year Ended
| March 31, 2018
| Lions Gate Entertainment Corp. |  | Lions Gate Entertainment Inc. |  | Non-guarantor Subsidiaries |  | Consolidating Adjustments |  | Lions Gate Consolidated
| (Amounts in millions)
STATEMENT OF CASH FLOWS |  |  |  |  |  |  |  |  |
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES | $ | 2,554.0 |  |  | $ | 130.6 |  |  | $ | (2,295.4 | ) |  | $ | — |  |  | $ | 389.2 |
INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |
Proceeds from the sale of equity method investees | — |  |  | — |  |  | 393.7 |  |  | — |  |  | 393.7 |
Investment in equity method investees | — |  |  | (31.9 | ) |  | (21.5 | ) |  | — |  |  | (53.4 | )
Business acquisitions net of cash acquired of $18.7 | — |  |  | — |  |  | (1.8 | ) |  | — |  |  | (1.8 | )
Capital expenditures | — |  |  | (11.6 | ) |  | (34.3 | ) |  | — |  |  | (45.9 | )
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES | — |  |  | (43.5 | ) |  | 336.1 |  |  | — |  |  | 292.6 |
FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |
Debt - borrowings | 1,041.5 |  |  | — |  |  | 2,671.1 |  |  | — |  |  | 3,712.6 |
Debt - repayments | (3,630.5 | ) |  | — |  |  | (705.2 | ) |  | — |  |  | (4,335.7 | )
Production loans - borrowings | — |  |  | — |  |  | 319.7 |  |  | — |  |  | 319.7 |
Production loans - repayments | — |  |  | — |  |  | (332.8 | ) |  | — |  |  | (332.8 | )
Distributions to noncontrolling interest | — |  |  | — |  |  | (8.2 | ) |  | — |  |  | (8.2 | )
Exercise of stock options | 44.9 |  |  | — |  |  | — |  |  | — |  |  | 44.9 |
Tax withholding required on equity awards | (22.9 | ) |  | — |  |  | — |  |  | — |  |  | (22.9 | )
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES | (2,567.0 | ) |  | — |  |  | 1,944.6 |  |  | — |  |  | (622.4 | )
NET CHANGE IN CASH AND CASH EQUIVALENTS | (13.0 | ) |  | 87.1 |  |  | (14.7 | ) |  | — |  |  | 59.4 |
FOREIGN EXCHANGE EFFECTS ON CASH | — |  |  | — |  |  | (3.2 | ) |  | — |  |  | (3.2 | )
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD | 15.1 |  |  | 160.6 |  |  | 146.2 |  |  | — |  |  | 321.9 |
CASH AND CASH EQUIVALENTS — END OF PERIOD | $ | 2.1 |  |  | $ | 247.7 |  |  | $ | 128.3 |  |  | $ | — |  |  | $ | 378.1 |

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