XML 49 R36.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Net Income (Loss) Per Share (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2017
Earnings Per Share [Abstract] |
Basic Net Income (Loss) Per Common Share | Basic net income (loss) per share for the three and nine months ended December 31, 2017 and 2016 is presented below:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (Amounts in millions, except per share amounts)
Basic Net Income (Loss) Per Common Share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 193.0 |  |  | $ | (30.6 | ) |  | $ | 382.3 |  |  | $ | (46.8 | )
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding(1) | 208.8 |  |  | 161.4 |  |  | 207.8 |  |  | 152.2 |
Basic net income (loss) per common share | $ | 0.92 |  |  | $ | (0.19 | ) |  | $ | 1.84 |  |  | $ | (0.31 | )
___________________
(1) | The weighted average common shares outstanding for the three months ended December 31, 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.
Diluted Net Income (Loss) Per Common Share | Diluted net income (loss) per common share for the three and nine months ended December 31, 2017 and 2016 is presented below:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (Amounts in millions, except per share amounts)
Diluted Net Income (Loss) Per Common Share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | 193.0 |  |  | $ | (30.6 | ) |  | $ | 382.3 |  |  | $ | (46.8 | )
Add: |  |  |  |  |  |  |
Interest on convertible notes, net of tax | 0.1 |  |  | — |  |  | 0.4 |  |  | — |
Numerator for diluted net income (loss) per common share | $ | 193.1 |  |  | $ | (30.6 | ) |  | $ | 382.7 |  |  | $ | (46.8 | )
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding | 208.8 |  |  | 161.4 |  |  | 207.8 |  |  | 152.2 |
Effect of dilutive securities: |  |  |  |  |  |  |
Conversion of notes | 2.1 |  |  | — |  |  | 2.1 |  |  | — |
Share purchase options | 8.4 |  |  | — |  |  | 7.5 |  |  | — |
Restricted share units and restricted stock | 0.7 |  |  | — |  |  | 0.7 |  |  | — |
Contingently issuable shares | 1.6 |  |  | — |  |  | 1.6 |  |  | — |
Adjusted weighted average common shares outstanding | 221.6 |  |  | 161.4 |  |  | 219.7 |  |  | 152.2 |
Diluted net income (loss) per common share | $ | 0.87 |  |  | $ | (0.19 | ) |  | $ | 1.74 |  |  | $ | (0.31 | )
Anti-dilutive Shares Issuable | For the three and nine months ended December 31, 2017 and 2016, the outstanding common shares issuable presented below were excluded from diluted net income (loss) per common share because their inclusion would have had an anti-dilutive effect.
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (Amounts in millions)
Anti-dilutive shares issuable |  |  |  |  |  |  |
Conversion of notes | — |  |  | 6.2 |  |  | — |  |  | 6.1 |
Share purchase options | 8.7 |  |  | 2.7 |  |  | 12.0 |  |  | 2.3 |
Restricted share units | 0.2 |  |  | 0.2 |  |  | 0.2 |  |  | 0.1 |
Other issuable shares | 1.1 |  |  | 5.0 |  |  | 1.2 |  |  | 1.7 |
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share | 10.0 |  |  | 14.1 |  |  | 13.4 |  |  | 10.2 |

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

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1311-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration