XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Additional Financial Information | 9 Months Ended
--- | ---
Dec. 31, 2018
Additional Financial Information [Abstract] |
Additional Financial Information | Additional Financial Information The following tables present supplemental information related to the unaudited condensed consolidated financial statements. Other Assets The composition of the Company’s other assets is as follows as of December 31, 2018 and March 31, 2018:
| December 31, 2018 |  | March 31, 2018
| (Amounts in millions)
Other current assets |  |  |
Prepaid expenses and other | $ | 121.6 |  |  | $ | 34.1 |
Product inventory | 19.4 |  |  | 20.3 |
Tax credits receivable | 86.7 |  |  | 141.4 |
| $ | 227.7 |  |  | $ | 195.8 |
Other non-current assets |  |  |
Prepaid expenses and other | $ | 67.9 |  |  | $ | 23.8 |
Accounts receivable | 228.7 |  |  | 325.2 |
Tax credits receivable | 157.0 |  |  | 109.6 |
| $ | 453.6 |  |  | $ | 458.6 |
Accounts Receivable Monetization The Company has entered into agreements to monetize certain of its trade accounts receivable directly with third-party purchasers. The third-party purchasers have no recourse to other assets of the Company in the event of non-payment by the customers. Upon transfer of the receivables, the Company receives cash proceeds from the third-party purchaser, and the Company continues to service the receivables for the purchasers. The Company accounts for the transfers of these receivables as a sale, and classifies the proceeds as cash flows from operating activities in the statement of cash flows. During the three and nine months ended December 31, 2018, the Company monetized trade accounts receivable with a carrying value of $132.9 million with third-party purchasers, which were derecognized from the Company's unaudited condensed consolidated balance sheet, in exchange for net cash proceeds of $131.1 million. The amount of proceeds received is based on the present value of the timing of the payment of the underlying trade accounts receivable transferred discounted at an average rate which is lower than the Company’s average borrowing rate under its Revolving Credit Facility. The Company recorded a loss of $1.8 million, which is included in the "other expense" line item on the unaudited condensed consolidated statement of operations. The Company receives fees for servicing the accounts receivable for the purchasers, which represent the fair value of the services and were immaterial for the three and nine months ended December 31, 2018. At December 31, 2018, the outstanding amount of receivables derecognized from the Company's unaudited condensed consolidated balance sheets, but which the Company continues to service, was $125.9 million. Accumulated Other Comprehensive Loss The following table summarizes the changes in the components of accumulated other comprehensive loss, net of tax:
| Foreign currency translation adjustments |  | Net unrealized gain (loss) on available-for-sale securities |  | Net unrealized gain (loss) on cash flow hedges |  | Total
| (Amounts in millions)
March 31, 2018 | $ | (12.4 | ) |  | $ | 2.6 |  |  | $ | 0.1 |  |  | $ | (9.7 | )
Cumulative effect of accounting changes | — |  |  | (2.6 | ) |  | — |  |  | (2.6 | )
Other comprehensive loss | (7.2 | ) |  | — |  |  | (24.9 | ) |  | (32.1 | )
December 31, 2018 | $ | (19.6 | ) |  | $ | — |  |  | $ | (24.8 | ) |  | $ | (44.4 | )
Cash, Cash Equivalents and Restricted Cash There was no restricted cash in the unaudited condensed consolidated balance sheets as of December 31, 2018 or March 31, 2018. Supplemental Cash Flow Information The supplemental schedule of non-cash investing activities is presented below:
| Nine Months Ended December 31,
| 2018 |  | 2017
| (Amounts in millions)
Non-cash investing activities: |  |  |
Common shares related to business acquisitions (see Note 2) | $ | 83.7 |  |  | $ | — |
There were no significant non-cash financing activities for the nine months ended December 31, 2018 and 2017.

X
- Definition Additional Financial Information [Abstract] + References No definition available. + Details
Name: | lgfa_AdditionalFinancialInformationAbstract
Namespace Prefix: | lgfa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration