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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, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Segment Reporting Information [Line Items] |  |  |  |  |
Company’s total segment profit |  | $ 170.4 | $ 154.1 | $ 261.9 | $ 298.5
Adjusted depreciation and amortization | [1] | (10.2) | (10.0) | (21.1) | (20.3)
Restructuring and other |  | (7.6) | (15.0) | (13.1) | (25.6)
Adjusted share-based compensation expense |  | (14.5) | (15.1) | (23.8) | (30.2)
Operating income |  | 57.6 | 39.1 | 54.3 | 77.2
Interest expense |  | (48.0) | (55.5) | (97.0) | (106.8)
Shareholder litigation settlements | [2] | 0.0 | (114.1) | 0.0 | (114.1)
Interest and other income |  | 2.2 | 3.0 | 5.0 | 6.1
Other expense |  | (3.8) | 0.0 | (6.1) | 0.0
Loss on investments |  | (0.4) | (36.1) | (0.3) | (37.0)
Equity interests loss |  | (3.2) | (11.7) | (11.1) | (17.8)
Income (loss) before income taxes |  | 4.4 | (175.3) | (55.2) | (192.4)
Operating segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Company’s total segment profit |  | 170.4 | 154.1 | 261.9 | 298.5
Corporate general and administrative expense |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Corporate general and administrative expenses |  | (25.4) | (25.3) | (49.5) | (52.8)
Corporate and reconciling items |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Restructuring and other | [3] | (7.6) | (15.0) | (13.1) | (25.6)
Adjusted share-based compensation expense | [4] | (14.5) | (15.1) | (23.8) | (30.2)
Purchase accounting and related adjustments | [5] | $ (55.1) | $ (49.6) | $ (100.1) | $ (92.4)
[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,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (Amounts in millions)
Depreciation and amortization | $ | 50.9 |  |  | $ | 40.8 |  |  | $ | 91.2 |  |  | $ | 81.1 |
Less: Amount included in purchase accounting and related adjustments | (40.7 | ) |  | (30.8 | ) |  | (70.1 | ) |  | (60.8 | )
Adjusted depreciation and amortization | $ | 10.2 |  |  | $ | 10.0 |  |  | $ | 21.1 |  |  | $ | 20.3 |
[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, net of aggregate insurance reimbursement of $37.8 million (see Note 16) and (ii) $59.3 million related to the Appraisal Litigation, representing the amount by which the settlement amount of approximately $964 million exceeded the previously accrued (at date of acquisition) dissenting shareholders' liability plus interest through the date agreed in the settlement.
[3] | Restructuring and other includes restructuring and severance costs, certain transaction and related costs, and certain unusual items, when applicable (see Note 14).
[4] | The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
|  |  |  |  | (Amounts in millions)
Total share-based compensation expense | $ | 14.5 |  |  | $ | 15.1 |  |  | $ | 24.1 |  |  | $ | 30.2 |
Less: |  |  |  |  |  |  |
Amount included in restructuring and other(i) | — |  |  | — |  |  | (0.3 | ) |  | — |
Adjusted share-based compensation | $ | 14.5 |  |  | $ | 15.1 |  |  | $ | 23.8 |  |  | $ | 30.2 |
(i) Represents share-based compensation expense included in restructuring and other expenses reflecting the impact of the acceleration of certain vesting schedules for equity awards pursuant to certain severance arrangements.
[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,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (Amounts in millions)
Purchase accounting and related adjustments: |  |  |  |  |  |  |
Direct operating | $ | 1.0 |  |  | $ | 5.6 |  |  | $ | 2.5 |  |  | $ | 13.6 |
General and administrative expense | 13.4 |  |  | 13.2 |  |  | 27.5 |  |  | 18.0 |
Depreciation and amortization | 40.7 |  |  | 30.8 |  |  | 70.1 |  |  | 60.8 |
| $ | 55.1 |  |  | $ | 49.6 |  |  | $ | 100.1 |  |  | $ | 92.4 |

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