XML 51 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1

Segment Information (Tables)

3 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Segment Information By Business Unit

Segment information by business unit is presented in the table below:

	Three Months Ended
	June 30,
	2018				2017
	(Amounts in millions)
Segment revenues
Motion Pictures	$	365.3			$	472.4
Television Production	279.4				261.2
Media Networks	354.9				344.6
Intersegment eliminations	(66.9		)		(72.9		)
	$	932.7			$	1,005.3
Intersegment revenues
Motion Pictures	$	2.1			$	5.1
Television Production	64.8				67.8
Media Networks	—				—
	$	66.9			$	72.9
Gross contribution
Motion Pictures	$	78.5			$	113.8
Television Production	26.0				52.3
Media Networks	114.1				114.5
Intersegment eliminations	(11.2		)		(12.0		)
	$	207.4			$	268.6
Segment general and administration
Motion Pictures	$	26.9			$	26.9
Television Production	10.4				9.1
Media Networks	25.6				25.6
	$	62.9			$	61.6
Segment profit
Motion Pictures	$	51.6			$	86.9
Television Production	15.6				43.2
Media Networks	88.5				88.9
Intersegment eliminations	(11.2		)		(12.0		)
	$	144.5			$	207.0

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
	June 30,
	2018				2017
	(Amounts in millions)
Company’s total segment profit	$	144.5			$	207.0
Corporate general and administrative expenses	(27.6		)		(25.5		)
Adjusted depreciation and amortization(1)	(10.3		)		(10.1		)
Restructuring and other(2)	(10.5		)		(10.9		)
Adjusted share-based compensation expense(3)	(15.1		)		(23.8		)
Purchase accounting and related adjustments(4)	(42.8		)		(47.0		)
Operating income	38.2				89.7
Interest expense	(51.3		)		(52.3		)
Interest and other income	3.0				2.8
Loss on extinguishment of debt	—				(11.6		)
Gain (loss) on investments	(0.9		)		201.0
Equity interests loss	(6.2		)		(8.3		)
Income (loss) before income taxes	$	(17.2	)		$	221.3

___________________

(1) Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of operations less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in recent acquisitions which are included in the purchase accounting and related adjustments line item above, as shown in the table below:

	Three Months Ended
	June 30,
	2018				2017
	(Amounts in millions)
Depreciation and amortization	$	40.3			$	40.0
Less: Amount included in purchase accounting and related adjustments	(30.0		)		(29.9		)
Adjusted depreciation and amortization	$	10.3			$	10.1

(2) Restructuring and other includes restructuring and severance costs, certain transaction and related costs, and certain unusual items, when applicable (see Note 14).

(3) Represents share-based compensation expense excluding, when applicable, amounts attributable to immediately vested stock bonus awards (which are, when granted, included in segment and corporate general and administrative expense) and amounts related to severance awards included in restructuring and other. There were no such amounts in the three months ended June 30, 2018 and 2017, and accordingly, adjusted share-based compensation expense represents total share-based compensation expense in the three months ended June 30, 2018 and 2017.

(4) Purchase accounting and related adjustments primarily represent the amortization of non-cash fair value adjustments to certain assets acquired in recent acquisitions. These adjustments include the accretion of the noncontrolling interest discount related to Pilgrim Media Group and 3 Arts Entertainment, the amortization of the recoupable portion of the purchase price and the expense associated with the earned distributions related to 3 Arts Entertainment, all of which are accounted for as compensation and are included in general and administrative expense. The following sets forth the amounts included in each line item in the financial statements:

	Three Months Ended
	June 30,
	2018				2017
	(Amounts in millions)
Purchase accounting and related adjustments:
Direct operating	$	8.0			$	15.9
General and administrative expense	4.8				1.2
Depreciation and amortization	30.0				29.9
	$	42.8			$	47.0

Adjusted Depreciation and Amortization

Adjusted depreciation and amortization represents depreciation and amortization as presented on our unaudited condensed consolidated statements of operations less the depreciation and amortization related to the non-cash fair value adjustments to property and equipment and intangible assets acquired in recent acquisitions which are included in the purchase accounting and related adjustments line item above, as shown in the table below:

	Three Months Ended
	June 30,
	2018				2017
	(Amounts in millions)
Depreciation and amortization	$	40.3			$	40.0
Less: Amount included in purchase accounting and related adjustments	(30.0		)		(29.9		)
Adjusted depreciation and amortization	$	10.3			$	10.1

Purchase Accounting and Related Adjustments

Purchase accounting and related adjustments primarily represent the amortization of non-cash fair value adjustments to certain assets acquired in recent acquisitions. These adjustments include the accretion of the noncontrolling interest discount related to Pilgrim Media Group and 3 Arts Entertainment, the amortization of the recoupable portion of the purchase price and the expense associated with the earned distributions related to 3 Arts Entertainment, all of which are accounted for as compensation and are included in general and administrative expense. The following sets forth the amounts included in each line item in the financial statements:

	Three Months Ended
	June 30,
	2018				2017
	(Amounts in millions)
Purchase accounting and related adjustments:
Direct operating	$	8.0			$	15.9
General and administrative expense	4.8				1.2
Depreciation and amortization	30.0				29.9
	$	42.8			$	47.0

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
	June 30,
	2018				2017
	(Amounts in millions)
General and administration
Segment general and administrative expenses	$	62.9			$	61.6
Corporate general and administrative expenses	27.6				25.5
Share-based compensation expense included in general and administrative expense	14.9				23.4
Purchase accounting and related adjustments	4.8				1.2
	$	110.2			$	111.7

Reconciliation of Assets from Segment to Consolidated

The reconciliation of total segment assets to the Company’s total consolidated assets is as follows:

	June 30, 2018				March 31, 2018
	(Amounts in millions)
Assets
Motion Pictures	$	1,861.1			$	1,757.4
Television Production	1,474.0				1,331.7
Media Networks	5,072.8				5,235.3
Other unallocated assets(1)	621.6				643.2
	$	9,029.5			$	8,967.6

_____________________

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

X

- Definition

Table of adjusted depreciation and amortization.

+ References

No definition available.

+ Details

Name:	lgfa_AdjustedDepreciationandAmortizationTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of purchase accounting and related adjustments.

+ References

No definition available.

+ Details

Name:	lgfa_PurchaseAccountingandRelatedAdjustmentsTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

No definition available.

+ Details

Name:	lgfa_SegmentedInformationByBusinessUnitTableTextBlock
Namespace Prefix:	lgfa_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration