XML 43 R30.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Investments (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2017
Equity Method Investments, Cost Method Investments, and Investments in Debt and Equity [Abstract] |
Carrying Amount of Investments, By Category | The carrying amounts of investments, by category, at December 31, 2017 and March 31, 2017 were as follows:
|  | December 31, 2017 |  | March 31, 2017
|  | (Amounts in millions)
Equity method investments |  | $ | 136.8 |  |  | $ | 322.9 |
Available-for-sale securities |  | 9.2 |  |  | 8.0 |
Cost method investments |  | 30.6 |  |  | 40.6 |
|  | $ | 176.6 |  |  | $ | 371.5 |
Schedule of Equity Method Investments [Line Items] |
Carrying Amount of Equity Method Investments | The carrying amounts of equity method investments at December 31, 2017 and March 31, 2017 were as follows:
| December 31, 2017 |  |  |  |
Equity Method Investee | Ownership Percentage |  | December 31, 2017 |  | March 31, 2017
|  |  | (Amounts in millions)
EPIX(1) | n/a(1) |  | $ | — |  |  | $ | 188.8 |
Pop | 50.0% |  | 96.4 |  |  | 96.8 |
Other | Various |  | 40.4 |  |  | 37.3 |
|  |  | $ | 136.8 |  |  | $ | 322.9 |
________________
(1) | In May 2017, the Company sold all of its 31.15% equity interest in EPIX to MGM (see further details below).
Equity Method Investee, Income (Loss) | Equity interests in equity method investments for the three and nine months ended December 31, 2017 and 2016 were as follows (income (loss)):
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
Equity Method Investee | 2017 |  | 2016 |  | 2017 |  | 2016
| (Amounts in millions)
EPIX | $ | — |  |  | $ | 5.3 |  |  | $ | 4.0 |  |  | $ | 21.3 |
Pop | (1.4 | ) |  | (2.6 | ) |  | (3.9 | ) |  | (4.6 | )
Other | (12.4 | ) |  | (4.2 | ) |  | (34.9 | ) |  | (5.5 | )
| $ | (13.8 | ) |  | $ | (1.5 | ) |  | $ | (34.8 | ) |  | $ | 11.2 |
Available-for-sale Securities [Abstract] |
Available-for-sale Securities | The cost basis, unrealized gains and fair market value of available-for-sale securities were as set forth below:
|  | December 31, 2017 |  | March 31, 2017
|  | (Amounts in millions)
Cost basis |  | $ | 2.6 |  |  | $ | 2.6 |
Gross unrealized gain |  | 6.6 |  |  | 5.4 |
Fair value |  | $ | 9.2 |  |  | $ | 8.0 |
EPIX |
Schedule of Equity Method Investments [Line Items] |
Summarized Statement of Income | The following table presents the summarized statements of income for EPIX for the period from April 1, 2017 through the date of sale of May 11, 2017, and for the three and nine months ended December 31, 2016 and a reconciliation of the net income reported by EPIX to equity interest income recorded by the Company:
| Period from |  | Three Months Ended |  | Nine Months Ended
| April 1, 2017 to |  |
| May 11, 2017 (date of sale) |  | December 31, 2016 |  | December 31, 2016
| (Amounts in millions)
Revenues | $ | 44.8 |  |  | $ | 101.5 |  |  | $ | 298.3 |
Expenses: |  |  |  |  |
Operating expenses | 32.3 |  |  | 73.2 |  |  | 193.5 |
Selling, general and administrative expenses | 2.4 |  |  | 5.3 |  |  | 18.2 |
Operating income | 10.1 |  |  | 23.0 |  |  | 86.6 |
Interest and other expense | — |  |  | (0.1 | ) |  | (0.3 | )
Net income | $ | 10.1 |  |  | $ | 22.9 |  |  | $ | 86.3 |
Reconciliation of net income reported by EPIX to equity interest income: |  |  |  |  |
Net income reported by EPIX | $ | 10.1 |  |  | $ | 22.9 |  |  | $ | 86.3 |
Ownership interest in EPIX | 31.15 | % |  | 31.15 | % |  | 31.15 | %
The Company's share of net income | 3.1 |  |  | 7.1 |  |  | 26.9 |
Eliminations of the Company’s share of profits on licensing sales to EPIX(1) | (0.1 | ) |  | (3.7 | ) |  | (10.4 | )
Realization of the Company’s share of profits on licensing sales to EPIX(2) | 1.0 |  |  | 1.9 |  |  | 4.8 |
Total equity interest income recorded | $ | 4.0 |  |  | $ | 5.3 |  |  | $ | 21.3 |
_________________________
(1) | Represents the elimination of the gross profit recognized by the Company on licensing sales to EPIX in proportion to the Company's ownership interest in EPIX.
(2) | Represents the realization of a portion of the profits previously eliminated. This profit remained eliminated until realized by EPIX. EPIX initially recorded the license fee for the title as inventory on its balance sheet and amortizes the inventory over the license period. Accordingly, the profit was realized as the inventory on EPIX's books was amortized.

X
- Definition Tabular disclosure of the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. + References No definition available. + Details
Name: | lgfa_EquityMethodInvesteeIncomeLossTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity Method Investments, Cost Method Investments, and Investments in Debt and Equity [Abstract] + References No definition available. + Details
Name: | lgfa_EquityMethodInvestmentsCostMethodInvestmentsandInvestmentsinDebtandEquityAbstract
Namespace Prefix: | lgfa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments, cost method investments, and investments in debt and equity securities. + References No definition available. + Details
Name: | lgfa_EquityMethodInvestmentsCostMethodInvestmentsandInvestmentsinDebtandEquityTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summarized statement of operations for significant equity method investees. + References No definition available. + Details
Name: | lgfa_SummarizedStatementOfOperationsTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62557-112803 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27337-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27198-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563 + Details
Name: | us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=lgfa_Studio3PartnersLlcEpixMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |