XML 64 R29.htm IDEA: XBRL DOCUMENT
v3.19.3

Investments (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2019
Equity Method Investments, and Investments in Debt and Equity Securities [Abstract] |
Carrying Amount of Investments, By Category | The Company's investments consisted of the following:
|  | September 30, 2019 |  | March 31, 2019
|  | (Amounts in millions)
Investments in equity method investees |  | $ | 29.0 |  |  | $ | 24.5 |
Other investments |  | 1.3 |  |  | 1.7 |
|  | $ | 30.3 |  |  | $ | 26.2 |
Loss on Investments |
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (Amounts in millions)
Impairments of investments(1) | $ | — |  |  | $ | (34.2 | ) |  | $ | — |  |  | $ | (34.2 | )
Unrealized losses on equity securities held as of September 30, 2019 and 2018, respectively | (0.4 | ) |  | (1.9 | ) |  | (0.3 | ) |  | (2.8 | )
| $ | (0.4 | ) |  | $ | (36.1 | ) |  | $ | (0.3 | ) |  | $ | (37.0 | )
___________________ (1) In the three and six months ended September 30, 2018, amounts represent other-than-temporary impairments on investments in equity securities without readily determinable fair values and notes receivable (previously included in other assets), which were written down to their estimated fair value.
Schedule of Equity Method Investments [Line Items] |
Summarized Balance Sheet | Summarized financial information for the Company's equity method investees owned at September 30, 2019 and March 31, 2019, respectively, is set forth below:
| September 30, 2019 |  | March 31, 2019
| (Amounts in millions)
Current assets | $ | 126.6 |  |  | $ | 189.8 |
Non-current assets | $ | 66.1 |  |  | $ | 55.7 |
Current liabilities | $ | 142.6 |  |  | $ | 167.8 |
Non-current liabilities | $ | 44.6 |  |  | $ | 46.7 |
Summarized Statement of Income |
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (Amounts in millions)
Revenues | $ | 47.0 |  |  | $ | 30.7 |  |  | $ | 77.2 |  |  | $ | 53.4 |
Gross profit | $ | 16.2 |  |  | $ | 15.3 |  |  | $ | 24.3 |  |  | $ | 19.6 |
Net loss | $ | (8.6 | ) |  | $ | (34.9 | ) |  | $ | (31.0 | ) |  | $ | (55.3 | )
Pop |
Schedule of Equity Method Investments [Line Items] |
Summarized Balance Sheet | The following table presents the summarized statements of operations for the three and six months ended September 30, 2018 for Pop and a reconciliation of the net loss reported by Pop to equity interest loss recorded by the Company:
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2018
Revenues | $ | 25.9 |  |  | $ | 51.5 |
Expenses: |  |  |
Cost of services | 12.4 |  |  | 25.5 |
Selling, marketing, and general and administration | 11.5 |  |  | 23.4 |
Depreciation and amortization | 2.0 |  |  | 4.0 |
Operating loss | — |  |  | (1.4 | )
Interest expense, net | 0.5 |  |  | 0.9 |
Accretion of redeemable preferred stock units(1) | 22.6 |  |  | 44.4 |
Total interest expense, net | 23.1 |  |  | 45.3 |
Net loss | $ | (23.1 | ) |  | $ | (46.7 | )
Reconciliation of net loss reported by Pop to equity interest loss: |  |  |
Net loss reported by Pop | $ | (23.1 | ) |  | $ | (46.7 | )
Ownership interest in Pop | 50 | % |  | 50 | %
The Company's share of net loss | (11.6 | ) |  | (23.4 | )
Accretion of dividend and interest income on redeemable preferred stock units(1) | 11.3 |  |  | 22.2 |
Elimination of the Company's share of profits on licensing sales to Pop | (0.1 | ) |  | (0.2 | )
Realization of the Company’s share of profits on licensing sales to Pop | 0.1 |  |  | 0.3 |
Total equity interest loss recorded | $ | (0.3 | ) |  | $ | (1.1 | )
___________________ (1) Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units previously held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest loss.
Summarized Statement of Income | The following table presents the summarized statements of operations for the three and six months ended September 30, 2018 for Pop and a reconciliation of the net loss reported by Pop to equity interest loss recorded by the Company:
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2018
Revenues | $ | 25.9 |  |  | $ | 51.5 |
Expenses: |  |  |
Cost of services | 12.4 |  |  | 25.5 |
Selling, marketing, and general and administration | 11.5 |  |  | 23.4 |
Depreciation and amortization | 2.0 |  |  | 4.0 |
Operating loss | — |  |  | (1.4 | )
Interest expense, net | 0.5 |  |  | 0.9 |
Accretion of redeemable preferred stock units(1) | 22.6 |  |  | 44.4 |
Total interest expense, net | 23.1 |  |  | 45.3 |
Net loss | $ | (23.1 | ) |  | $ | (46.7 | )
Reconciliation of net loss reported by Pop to equity interest loss: |  |  |
Net loss reported by Pop | $ | (23.1 | ) |  | $ | (46.7 | )
Ownership interest in Pop | 50 | % |  | 50 | %
The Company's share of net loss | (11.6 | ) |  | (23.4 | )
Accretion of dividend and interest income on redeemable preferred stock units(1) | 11.3 |  |  | 22.2 |
Elimination of the Company's share of profits on licensing sales to Pop | (0.1 | ) |  | (0.2 | )
Realization of the Company’s share of profits on licensing sales to Pop | 0.1 |  |  | 0.3 |
Total equity interest loss recorded | $ | (0.3 | ) |  | $ | (1.1 | )
___________________ (1) Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units previously held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest loss.

X
- Definition Equity Method Investment Summarized Financial Information [Table Text Block] + References No definition available. + Details
Name: | lgfa_EquityMethodInvestmentSummarizedFinancialInformationTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments, cost method investments, and investments in debt and equity securities. + References No definition available. + Details
Name: | lgfa_EquityMethodInvestmentsCostMethodInvestmentsandInvestmentsinDebtandEquityTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity Method Investments, and Investments in Debt and Equity Securities [Abstract] + References No definition available. + Details
Name: | lgfa_EquityMethodInvestmentsandInvestmentsinDebtandEquitySecuritiesAbstract
Namespace Prefix: | lgfa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summarized statement of operations for significant equity method investees. + References No definition available. + Details
Name: | lgfa_SummarizedStatementOfOperationsTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References No definition available. + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=lgfa_PopMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |