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Segment Information (Tables)
 9 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segment Information By Business Unit
Segment information by business unit is presented in the table below. The Media Networks segment was not previously a reportable segment prior to the quarter ended December 31, 2016, and reflects Starz Networks and Content and Other from the date of acquisition of Starz (December 8, 2016), and the Lionsgate direct to consumer streaming services on SVOD platforms for the historical periods presented.

 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Segment revenues
 
 
 
 
 
 
 
Motion Pictures
$
539.1

 
$
440.4

 
$
1,397.0

 
$
1,266.5

Television Production
227.3

 
228.6

 
552.8

 
595.0

Media Networks
382.9

 
85.2

 
1,166.8

 
85.8

Intersegment eliminations
(6.6
)
 
(1.9
)
 
(27.8
)
 
(1.9
)
 
$
1,142.7

 
$
752.3

 
$
3,088.8

 
$
1,945.4

Intersegment revenues
 
 
 
 
 
 
 
Motion Pictures
$
2.3

 
$
1.4

 
$
8.4

 
$
1.4

Television Production
3.7

 
0.1

 
18.5

 
0.1

Media Networks
0.6

 
0.4

 
0.9

 
0.4

 
$
6.6

 
$
1.9

 
$
27.8

 
$
1.9

Gross contribution
 
 
 
 
 
 
 
Motion Pictures
$
82.1

 
$
79.2

 
$
230.9

 
$
154.8

Television Production
31.3

 
32.3

 
72.4

 
69.6

Media Networks
153.7

 
40.5

 
429.7

 
28.2

Intersegment eliminations
(0.3
)
 
(0.4
)
 
(2.3
)
 
(0.4
)
 
$
266.8

 
$
151.6

 
$
730.7

 
$
252.2

Segment general and administration
 
 
 
 
 
 
 
Motion Pictures
$
27.8

 
$
25.4

 
$
81.1

 
$
74.5

Television Production
8.6

 
6.7

 
28.3

 
22.7

Media Networks
25.4

 
8.4

 
75.5

 
14.3

 
$
61.8

 
$
40.5

 
$
184.9

 
$
111.5

Segment profit
 
 
 
 
 
 
 
Motion Pictures
$
54.3

 
$
53.8

 
$
149.8

 
$
80.3

Television Production
22.7

 
25.6

 
44.1

 
46.9

Media Networks
128.3

 
32.1

 
354.2

 
13.9

Intersegment eliminations
(0.3
)
 
(0.4
)
 
(2.3
)
 
(0.4
)
 
$
205.0

 
$
111.1

 
$
545.8

 
$
140.7
Reconciliation Of Total Segment Profit To The Company's Income (Loss) Before Income Taxes
The reconciliation of total segment profit to the Company’s income (loss) before income taxes is as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Company’s total segment profit
$
205.0

 
$
111.1

 
$
545.8

 
$
140.7

Corporate general and administrative expenses
(27.4
)
 
(25.3
)
 
(78.1
)
 
(68.1
)
Adjusted depreciation and amortization(1)
(9.8
)
 
(4.8
)
 
(29.2
)
 
(13.1
)
Restructuring and other(2)
(21.4
)
 
(54.0
)
 
(35.8
)
 
(72.4
)
Adjusted share-based compensation expense(3)
(24.2
)
 
(21.5
)
 
(71.6
)
 
(50.0
)
Purchase accounting and related adjustments(4)
(42.0
)
 
(12.9
)
 
(130.8
)
 
(24.7
)
Operating income (loss)
80.2

 
(7.4
)
 
200.3

 
(87.6
)
Interest expense
(46.3
)
 
(27.4
)
 
(147.3
)
 
(58.5
)
Interest and other income
2.2

 
1.5

 
7.7

 
3.6

Loss on extinguishment of debt
(6.2
)
 
(28.3
)
 
(24.2
)
 
(28.3
)
Gain on sale of equity interest in EPIX
—

 
—

 
201.0

 
—

Gain on Starz investment
—

 
20.4

 
—

 
20.4

Impairment of long-term investments and other assets
(29.2
)
 
—

 
(29.2
)
 
—

Equity interests income (loss)
(13.8
)
 
(1.5
)
 
(34.8
)
 
11.2

Income (loss) before income taxes
$
(13.1
)
 
$
(42.7
)
 
$
173.5

 
$
(139.2
)
___________________
(1)
Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of income less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in the acquisition of Starz and Pilgrim Media Group which are included in the purchase accounting and related adjustments line item above, as shown in the table below:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Depreciation and amortization
$
39.7

 
$
13.2

 
$
119.0

 
$
23.1

Less: Amount included in purchase accounting and related adjustments
(29.9
)
 
(8.4
)
 
(89.8
)
 
(10.0
)
Adjusted depreciation and amortization
$
9.8

 
$
4.8

 
$
29.2

 
$
13.1


(2)
Restructuring and other includes restructuring and severance costs, certain transaction related costs, and certain unusual items, when applicable (see Note 13).
(3)
The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Total share-based compensation expense
$
27.1

 
$
28.2

 
$
74.5

 
$
74.4

Less:
 
 
 
 
 
 
 
Bonus related share-based compensation included in segment and corporate general and administrative expense(i)
—

 
(6.7
)
 
—

 
(22.0
)
Amount included in restructuring and other(ii)
(2.9
)
 
—

 
(2.9
)
 
(2.4
)
Adjusted share-based compensation
$
24.2

 
$
21.5

 
$
71.6

 
$
50.0

(i)Represents immediately vested stock awards granted as part of our annual bonus program issued in lieu of cash bonuses, which are, when granted, included in segment or corporate general and administrative expense.
(ii)Represents share-based compensation expense included in restructuring and other expenses reflecting the impact of the acceleration of certain vesting schedules for equity awards pursuant to certain severance arrangements.
(4)
Purchase accounting and related adjustments represent the amortization of non-cash fair value adjustments to certain assets acquired in the acquisition of Starz, Pilgrim Media Group and Good Universe. The following sets forth the amounts included in each line item in the financial statements:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Purchase accounting and related adjustments:
 
 
 
 
 
 
 
Direct operating
$
10.4

 
$
3.2

 
$
36.5

 
$
10.9

General and administrative expense
1.7

 
1.3

 
4.5

 
3.8

Depreciation and amortization
29.9

 
8.4

 
89.8

 
10.0

 
$
42.0

 
$
12.9

 
$
130.8

 
$
24.7
Segment Revenues by Media or Product Line
The following table sets forth revenues by media or product line as broken down by segment 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)
Segment revenues:
 
 
 
 
 
 
 
Motion Pictures
 
 
 
 
 
 
 
Theatrical
$
109.3

 
$
87.4

 
$
218.0

 
$
196.6

Home Entertainment
185.3

 
167.0

 
584.9

 
467.4

Television
85.4

 
91.3

 
217.2

 
213.9

International
134.4

 
90.2

 
336.9

 
372.3

Other
24.7

 
4.5

 
40.0

 
16.3

Total Motion Pictures revenues
$
539.1

 
$
440.4

 
1,397.0

 
1,266.5

Television Production
 
 
 
 
 
 
 
Domestic Television
$
173.9

 
$
173.5

 
436.4

 
480.8

International
32.2

 
31.3

 
84.5

 
75.1

Home Entertainment
20.2

 
23.3

 
26.8

 
33.4

Other
1.0

 
0.5

 
5.1

 
5.7

Total Television Production revenues
$
227.3

 
$
228.6

 
552.8

 
595.0

Media Networks
 
 
 
 
 
 
 
Starz Networks
$
351.8

 
$
82.8

 
1,053.7

 
82.8

Content and Other
29.4

 
1.4

 
109.0

 
1.4

Streaming Services
1.7

 
1.0

 
4.1

 
1.6

Total Media Networks revenues
$
382.9

 
$
85.2

 
1,166.8

 
85.8

Intersegment eliminations
(6.6
)
 
(1.9
)
 
(27.8
)
 
(1.9
)
Total revenues
$
1,142.7

 
$
752.3

 
$
3,088.8

 
$
1,945.4
Adjusted Depreciation and Amortization
Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of income less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in the acquisition of Starz and Pilgrim Media Group which are included in the purchase accounting and related adjustments line item above, as shown in the table below:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Depreciation and amortization
$
39.7

 
$
13.2

 
$
119.0

 
$
23.1

Less: Amount included in purchase accounting and related adjustments
(29.9
)
 
(8.4
)
 
(89.8
)
 
(10.0
)
Adjusted depreciation and amortization
$
9.8

 
$
4.8

 
$
29.2

 
$
13.1
Adjusted Share-Based Compensation
The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Total share-based compensation expense
$
27.1

 
$
28.2

 
$
74.5

 
$
74.4

Less:
 
 
 
 
 
 
 
Bonus related share-based compensation included in segment and corporate general and administrative expense(i)
—

 
(6.7
)
 
—

 
(22.0
)
Amount included in restructuring and other(ii)
(2.9
)
 
—

 
(2.9
)
 
(2.4
)
Adjusted share-based compensation
$
24.2

 
$
21.5

 
$
71.6

 
$
50.0

(i)Represents immediately vested stock awards granted as part of our annual bonus program issued in lieu of cash bonuses, which are, when granted, included in segment or corporate general and administrative expense.
(ii)Represents share-based compensation expense included in restructuring and other expenses reflecting the impact of the acceleration of certain vesting schedules for equity awards pursuant to certain severance arrangements.
Purchase Accounting and Related Adjustments
Purchase accounting and related adjustments represent the amortization of non-cash fair value adjustments to certain assets acquired in the acquisition of Starz, Pilgrim Media Group and Good Universe. The following sets forth the amounts included in each line item in the financial statements:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
Purchase accounting and related adjustments:
 
 
 
 
 
 
 
Direct operating
$
10.4

 
$
3.2

 
$
36.5

 
$
10.9

General and administrative expense
1.7

 
1.3

 
4.5

 
3.8

Depreciation and amortization
29.9

 
8.4

 
89.8

 
10.0

 
$
42.0

 
$
12.9

 
$
130.8

 
$
24.7
Reconciliation of Segment General and Administrative Expense to Consolidated
The following table reconciles segment general and administration expense to the Company's total consolidated general and administration expense:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2017
 
2016
 
2017
 
2016
 
(Amounts in millions)
General and administration
 
 
 
 
 
 
 
Segment general and administrative expenses
$
61.8

 
$
40.5

 
$
184.9

 
$
111.5

Corporate general and administrative expenses
27.4

 
25.3

 
78.1

 
68.1

Share-based compensation expense included in general and administrative expense(1)
23.3

 
21.5

 
69.9

 
50.0

Purchase accounting and related adjustments
1.7

 
1.3

 
4.5

 
3.8

 
$
114.2

 
$
88.6

 
$
337.4

 
$
233.4
Reconciliation of Assets from Segment to Consolidated
The reconciliation of total segment assets to the Company’s total consolidated assets is as follows:
 
 
December 31,
2017
 
March 31,
2017
 
(Amounts in millions)
Assets
 
 
 
Motion Pictures
$
1,765.9

 
$
1,802.3

Television Production
1,159.0

 
1,142.8

Media Networks
5,283.5

 
5,443.9

Other unallocated assets(1)
534.3

 
807.9

 
$
8,742.7

 
$
9,196.9

_____________________
(1)
Other unallocated assets primarily consist of cash, other assets and investments.