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Net Income (Loss) Per Share | 6 Months Ended
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Sep. 30, 2018
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share | Net Income (Loss) Per Share Basic net income (loss) per share is calculated based on the weighted average common shares outstanding for the period. Basic net income (loss) per share for the three and six months ended September 30, 2018 and 2017 is presented below:
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (Amounts in millions, except per share amounts)
Basic Net Income (Loss) Per Common Share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | (144.1 | ) |  | $ | 15.5 |  |  | $ | (151.9 | ) |  | $ | 189.3 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding | 213.6 |  |  | 207.8 |  |  | 212.7 |  |  | 207.3 |
Basic net income (loss) per common share | $ | (0.67 | ) |  | $ | 0.07 |  |  | $ | (0.71 | ) |  | $ | 0.91 |
Diluted net income (loss) per common share reflects the potential dilutive effect, if any, of the conversion of convertible senior subordinated notes under the "if converted" method. Diluted net income (loss) per common share also reflects share purchase options, including equity-settled share appreciation rights ("SARs"), restricted share units ("RSUs") and restricted stock using the treasury stock method when dilutive, and any contingently issuable shares when dilutive. Diluted net income (loss) per common share for the three and six months ended September 30, 2018 and 2017 is presented below:
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (Amounts in millions, except per share amounts)
Diluted Net Income (Loss) Per Common Share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders | $ | (144.1 | ) |  | $ | 15.5 |  |  | $ | (151.9 | ) |  | $ | 189.3 |
Add: |  |  |  |  |  |  |
Interest on convertible notes, net of tax | — |  |  | 0.1 |  |  | — |  |  | 0.2 |
Numerator for diluted net income (loss) per common share | $ | (144.1 | ) |  | $ | 15.6 |  |  | $ | (151.9 | ) |  | $ | 189.5 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding | 213.6 |  |  | 207.8 |  |  | 212.7 |  |  | 207.3 |
Effect of dilutive securities: |  |  |  |  |  |  |
Conversion of notes | — |  |  | 2.1 |  |  | — |  |  | 2.1 |
Share purchase options | — |  |  | 7.4 |  |  | — |  |  | 6.9 |
Restricted share units and restricted stock | — |  |  | 0.8 |  |  | — |  |  | 0.7 |
Contingently issuable shares | — |  |  | 1.7 |  |  | — |  |  | 1.7 |
Adjusted weighted average common shares outstanding | 213.6 |  |  | 219.8 |  |  | 212.7 |  |  | 218.7 |
Diluted net income (loss) per common share | $ | (0.67 | ) |  | $ | 0.07 |  |  | $ | (0.71 | ) |  | $ | 0.87 |
For the three and six months ended September 30, 2018 and 2017, the outstanding common shares issuable presented below were excluded from diluted net income (loss) per common share because their inclusion would have had an anti-dilutive effect.
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (Amounts in millions)
Anti-dilutive shares issuable |  |  |  |  |  |  |
Conversion of notes | — |  |  | — |  |  | 0.2 |  |  | — |
Share purchase options | 5.0 |  |  | 10.3 |  |  | 5.1 |  |  | 13.6 |
Restricted share units | 0.3 |  |  | 0.1 |  |  | 0.3 |  |  | 0.1 |
Other issuable shares | 3.0 |  |  | 1.1 |  |  | 2.6 |  |  | 1.3 |
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share | 8.3 |  |  | 11.5 |  |  | 8.2 |  |  | 15.0 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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