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Segment Information (Reconciliation Of Total Segment Profit To The Company's Income (Loss) Before Income Taxes) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Segment Reporting Information [Line Items]        
Company’s total segment profit $ 154.1 $ 133.9 $ 298.5 $ 340.8
Adjusted depreciation and amortization [1] (10.0) (9.3) (20.3) (19.4)
Restructuring and other (15.0) (3.5) (25.6) (14.4)
Adjusted share-based compensation expense (15.1) (23.6) (30.2) (47.4)
Operating income 39.1 30.4 77.2 120.1
Interest expense (55.5) (48.7) (106.8) (101.0)
Shareholder litigation settlements [2] (114.1) 0.0 (114.1) 0.0
Interest and other income 3.0 2.7 6.1 5.5
Loss on extinguishment of debt 0.0 (6.4) 0.0 (18.0)
Gain (loss) on investments (36.1) 0.0 (37.0) 201.0
Equity interests loss (11.7) (12.7) (17.8) (21.0)
Income (loss) before income taxes (175.3) (34.7) (192.4) 186.6
Operating segments        
Segment Reporting Information [Line Items]        
Company’s total segment profit 154.1 133.9 298.5 340.8
Corporate general and administrative expense        
Segment Reporting Information [Line Items]        
Corporate general and administrative expenses (25.3) (25.3) (52.8) (50.7)
Corporate and reconciling items        
Segment Reporting Information [Line Items]        
Restructuring and other [3] (15.0) (3.5) (25.6) (14.4)
Adjusted share-based compensation expense [4] (15.1) (23.6) (30.2) (47.4)
Purchase accounting and related adjustments [5] $ (49.6) $ (41.8) $ (92.4) $ (88.8)
[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 Six Months Ended September 30, September 30, 2018 2017 2018 2017 (Amounts in millions)Depreciation and amortization$40.8 $39.3 $81.1 $79.3Less: Amount included in purchase accounting and related adjustments(30.8) (30.0) (60.8) (59.9)Adjusted depreciation and amortization$10.0 $9.3 $20.3 $19.4
[2] Shareholder litigation settlements of $114.1 million in the three and six months ended September 30, 2018 includes the following: (i) $54.8 million for the net expense recorded for the settlement of the Fiduciary Litigation (representing the settlement amount of $92.5 million, which the Company has included in accounts payable and accrued liabilities in the unaudited condensed consolidated balance sheet, net of aggregate insurance reimbursement of $37.8 million, which amount the Company has recorded a receivable included in the "other current assets" line item in the unaudited condensed consolidated balance sheet as of September 30, 2018) and (ii) $59.3 million related to the Appraisal Litigation, representing the amount by which the settlement amount of approximately $961 million exceeds the previously accrued $901.9 million dissenting shareholders' liability, before considering the settlement (i.e., dissenting shareholders' liability plus accrued interest through September 30, 2018). See Note 16.
[3] Restructuring and other includes restructuring and severance costs, certain transaction and related costs, and certain unusual items, when applicable (see Note 14).
[4] 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 and six months ended September 30, 2018 and 2017, and accordingly, adjusted share-based compensation expense represents total share-based compensation expense in the three and six months ended September 30, 2018 and 2017.
[5] 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 Six Months Ended September 30, September 30, 2018 2017 2018 2017 (Amounts in millions)Purchase accounting and related adjustments: Direct operating$5.6 $10.2 $13.6 $26.0General and administrative expense13.2 1.6 18.0 2.9Depreciation and amortization30.8 30.0 60.8 59.9 $49.6 $41.8 $92.4 $88.8