XML 92 R81.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restructuring and Other (Restructuring and Other) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]        
Restructuring and other $ 16.5 $ 21.4 $ 42.1 $ 35.8
Severance        
Restructuring Cost and Reserve [Line Items]        
Restructuring and other [1] 15.7 12.0 19.4 13.0
Severance | Accounts Payable and Accrued Liabilities        
Restructuring Cost and Reserve [Line Items]        
Remaining severance liability, expected to be paid in next 12 months 18.7   18.7  
Transaction and related costs        
Restructuring Cost and Reserve [Line Items]        
Restructuring and other [2] 0.8 1.0 22.7 14.4
Development expense        
Restructuring Cost and Reserve [Line Items]        
Restructuring and other 0.0 8.4 [3] 0.0 8.4 [3]
Cash | Severance        
Restructuring Cost and Reserve [Line Items]        
Restructuring and other [1] 13.3 9.1 17.0 10.1
Accelerated vesting on equity awards | Severance        
Restructuring Cost and Reserve [Line Items]        
Restructuring and other [1] $ 2.4 $ 2.9 $ 2.4 $ 2.9
[1] Severance costs in the three and nine months ended December 31, 2018 and 2017 were primarily related to restructuring activities in connection with recent acquisitions, and other cost-saving initiatives. As of December 31, 2018, the remaining severance liability was approximately $18.7 million, which is expected to be paid in the next 12 months.
[2] Transaction and related costs in the three and nine months ended December 31, 2018 and 2017 reflect transaction, integration and legal costs associated with certain strategic transactions and legal matters. In the three and nine months ended December 31, 2018, these costs were primarily related to the legal fees associated with the Starz class action lawsuits and other matters and, to a lesser extent, costs related to the acquisition of 3 Arts Entertainment and other strategic transactions. In the three and nine months ended December 31, 2017, these costs were primarily related to the sale of EPIX (see Note 4), the legal fees associated with the Starz class action lawsuits and other matters, and the integration of Starz.
[3] Development expense in the three and nine months ended December 31, 2017 represents write-downs resulting from the restructuring of the Motion Picture business in connection with the acquisition of Good Universe and new management's decisions around the creative direction on certain development projects which were abandoned in the three months ended December 31, 2017.