XML 17 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net income (loss) $ (11.4) $ 174.5
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 40.3 40.0
Amortization of films and television programs and program rights 385.5 393.6
Interest on dissenting shareholders' liability 15.9 13.3
Amortization of debt discount and financing costs 2.9 4.4
Non-cash share-based compensation 15.1 22.7
Other non-cash items 3.7 0.9
Loss on extinguishment of debt 0.0 11.6
Equity interests loss 6.2 8.3
Loss (gain) on investments 0.9 (201.0)
Deferred income tax benefit (13.0) 45.1
Changes in operating assets and liabilities:    
Accounts receivable, net and other assets 126.3 101.3
Investment in films and television programs and program rights, net (358.0) (289.1)
Accounts payable and accrued liabilities (70.2) (253.7)
Participations and residuals (29.4) (13.5)
Film obligations (11.3) 3.9
Deferred revenue 9.8 4.5
Net Cash Flows Provided By Operating Activities 113.3 66.8
Investing Activities:    
Proceeds from the sale of equity method investee, net of transaction costs 0.0 393.7
Investment in equity method investees (2.8) (9.5)
Business acquisitions, net of cash acquired of $5.5 (see Note 2) (77.3) 0.0
Increase in loans receivable (4.0) 0.0
Capital expenditures (9.2) (9.4)
Net Cash Flows Provided By (Used In) Investing Activities (93.3) 374.8
Financing Activities:    
Debt - borrowings 2,069.5 115.0
Debt - repayments (2,139.7) (554.0)
Production loans - borrowings 100.1 38.5
Production loans - repayments (90.7) (209.1)
Dividends paid (19.0) 0.0
Distributions to noncontrolling interest (0.8) (3.0)
Exercise of stock options 2.2 9.2
Tax withholding required on equity awards (2.5) (5.5)
Net Cash Flows Used In Financing Activities (80.9) (608.9)
Net Change In Cash, Cash Equivalents and Restricted Cash (60.9) (167.3)
Foreign Exchange Effects on Cash, Cash Equivalents and Restricted Cash (1.6) (0.9)
Cash, Cash Equivalents and Restricted Cash - Beginning Of Period 378.1 324.7
Cash and Cash Equivalents - End Of Period $ 315.6 $ 156.5