XML 45 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2017
Debt Disclosure [Abstract] |
Debt, Excluding Film Obligations and Production Loans | Total debt of the Company, excluding film obligations and production loans, was as follows as of December 31, 2017 and March 31, 2017:
| December 31, 2017 |  | March 31, 2017
| (Amounts in millions)
Corporate debt: |  |  |
Revolving Credit Facility | $ | — |  |  | $ | — |
Term Loan A | 950.0 |  |  | 987.5 |
Term Loan B-1/ Term Loan B(1) | 825.0 |  |  | 1,600.0 |
5.875% Senior Notes | 520.0 |  |  | 520.0 |
Total corporate debt | 2,295.0 |  |  | 3,107.5 |
Convertible senior subordinated notes(2) | 60.0 |  |  | 60.0 |
Capital lease obligations | 52.1 |  |  | 57.7 |
Total debt | 2,407.1 |  |  | 3,225.2 |
Unamortized discount and debt issuance costs, net of fair value adjustment on capital lease obligations | (66.8 | ) |  | (100.3 | )
Total debt, net | 2,340.3 |  |  | 3,124.9 |
Less current portion | (57.3 | ) |  | (77.9 | )
Non-current portion of debt | $ | 2,283.0 |  |  | $ | 3,047.0 |
_____________________
(1) | As of March 31, 2017, amounts were outstanding under the previous Term Loan B facility, as defined below.
(2) | Represents 1.25% convertible senior subordinated notes due April 2018, with a conversion price of $29.19 per share of each Class A voting shares and Class B non-voting shares at December 31, 2017.
Schedule of Debt Issuance and Repayment Costs | The table below sets forth the applicable costs associated with the refinancing of the Term Loan B:
| Total |  | Amortize Over Life of Term Loan B-1 |  | Loss on Extinguishment of Debt
Term Loan B Refinancing: | (Amounts in millions)
Previously incurred unamortized discount and debt issuance costs of Term Loan B | $ | 23.8 |  |  | $ | 20.9 |  |  | $ | 2.9 |
New costs incurred to issue the Term Loan B-1 | 1.6 |  |  | 0.1 |  |  | 1.5 |
Total | $ | 25.4 |  |  | $ | 21.0 |  |  | $ | 4.4 |
Schedule of Loss on Extinguishment of Debt | The following table sets forth the loss on extinguishment of debt recorded in the three and nine months ended December 31, 2017:
| Three Months Ended |  | Nine Months Ended
| December 31, 2017
| (Amounts in millions)
Loss on Extinguishment of Debt |  |  |
Term Loan B refinancing | $ | 4.4 |  |  | $ | 4.4 |
Other voluntary prepayments of Term Loan B/Term Loan B-1 | 1.8 |  |  | 19.8 |
| $ | 6.2 |  |  | $ | 24.2 |
Schedule of Interest Expense | The table below sets forth the composition of the Company’s interest expense for the three and nine months ended December 31, 2017 and 2016:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (Amounts in millions)
Interest expense |  |  |  |  |  |  |
Cash interest | $ | 28.3 |  |  | $ | 24.0 |  |  | $ | 94.7 |  |  | $ | 50.4 |
Amortization of debt discount and financing costs | 3.6 |  |  | 3.4 |  |  | 11.0 |  |  | 8.1 |
| 31.9 |  |  | 27.4 |  |  | 105.7 |  |  | 58.5 |
Interest on dissenting shareholders' liability (see Note 2) | 14.4 |  |  | — |  |  | 41.6 |  |  | — |
Total interest expense | $ | 46.3 |  |  | $ | 27.4 |  |  | $ | 147.3 |  |  | $ | 58.5 |

X
- Definition Schedule of Debt Issuance and Redemption Costs [Table Text Block] + References No definition available. + Details
Name: | lgfa_ScheduleofDebtIssuanceandRedemptionCostsTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7516071&loc=d3e13374-112631 + Details
Name: | us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration