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Description of Business, Basis of Presentation and Significant Accounting Policies (Tables) | 12 Months Ended
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Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Useful Lives and Depreciation Methods of Property and Equipment | Depreciation is provided for on a straight line basis over the following useful lives:
Distribution equipment |  | 1 — 7 years
Computer equipment and software |  | 2 — 5 years
Furniture and equipment |  | 2 — 10 years
Leasehold improvements |  | Lease term or the useful life, whichever is shorter
Building |  | 26 years
Land |  | Not depreciated
Basic Net Income (Loss) Per Common Share | Basic net income (loss) per share is calculated based on the weighted average common shares outstanding for the period. Basic net income (loss) per share for the years ended March 31, 2020, 2019 and 2018 is presented below:
|  | Year Ended March 31,
|  | 2020 |  | 2019 |  | 2018
|  | (Amounts in millions, except per share amounts)
Basic Net Income (Loss) Per Common Share: |  |  |  |  |  |
Numerator: |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders |  | $ | (188.4 | ) |  | $ | (284.2 | ) |  | $ | 473.6 |
Denominator: |  |  |  |  |  |
Weighted average common shares outstanding |  | 217.9 |  |  | 213.7 |  |  | 208.4 |
Basic net income (loss) per common share |  | $ | (0.86 | ) |  | $ | (1.33 | ) |  | $ | 2.27 |
Diluted Net Income (Loss) Per Common Share | Diluted net income (loss) per common share for the years ended March 31, 2020, 2019 and 2018 is presented below:
|  | Year Ended March 31,
|  | 2020 |  | 2019 |  | 2018
|  | (Amounts in millions, except per share amounts)
Diluted Net Income (Loss) Per Common Share: |  |  |  |  |  |
Numerator: |  |  |  |  |  |
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders |  | $ | (188.4 | ) |  | $ | (284.2 | ) |  | $ | 473.6 |
Add: |  |  |  |  |  |
Interest on convertible notes, net of tax |  | — |  |  | — |  |  | 0.5 |
Numerator for diluted net income (loss) per common share |  | $ | (188.4 | ) |  | $ | (284.2 | ) |  | $ | 474.1 |
Denominator: |  |  |  |  |  |
Weighted average common shares outstanding |  | 217.9 |  |  | 213.7 |  |  | 208.4 |
Effect of dilutive securities: |  |  |  |  |  |
Conversion of notes |  | — |  |  | — |  |  | 2.1 |
Share purchase options |  | — |  |  | — |  |  | 7.5 |
Restricted share units and restricted stock |  | — |  |  | — |  |  | 0.7 |
Contingently issuable shares |  | — |  |  | — |  |  | 1.7 |
Adjusted weighted average common shares outstanding |  | 217.9 |  |  | 213.7 |  |  | 220.4 |
Diluted net income (loss) per common share |  | $ | (0.86 | ) |  | $ | (1.33 | ) |  | $ | 2.15 |
Anti-dilutive Shares Issuable | Additionally, for the years ended March 31, 2020, 2019 and 2018, the outstanding common shares issuable presented below were excluded from diluted net income (loss) per common share because their inclusion would have had an anti-dilutive effect regardless of net income or loss in the period.
| Year Ended
| March 31,
| 2020 |  | 2019 |  | 2018
| (Amounts in millions)
Anti-dilutive shares issuable |  |  |  |  |
Share purchase options | 31.4 |  |  | 21.3 |  |  | 11.5 |
Restricted share units | 2.4 |  |  | 1.0 |  |  | 0.2 |
Other issuable shares | 4.0 |  |  | 1.4 |  |  | 1.2 |
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share | 37.8 |  |  | 23.7 |  |  | 12.9 |

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