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Revenue
3 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Revenue

The Company's Motion Picture and Television Production segments generate revenue principally from the licensing of content in domestic theatrical exhibition, home entertainment (e.g., digital media and packaged media), television, and international market places. The Company's Media Networks segment generates revenue primarily from the distribution of the Company's STARZ branded premium subscription video services and, to a lesser extent, direct-to-consumer content streaming services.

Revenue by Segment, Market or Product Line
The table below presents revenues by segment, market or product line for the three months ended June 30, 2020 and 2019:
 
Three Months Ended
 
June 30,
 
2020
 
2019
 
(Amounts in millions)
Revenue by Type:
 
 
 
Motion Picture
 
 
 
Theatrical
$
0.3

 
$
121.8

Home Entertainment
 
 
 
Digital Media
127.7

 
83.3

Packaged Media
39.5

 
56.4

Total Home Entertainment
167.2

 
139.7

Television
58.5

 
64.8

International
52.5

 
67.4

Other
2.2

 
4.1

Total Motion Picture revenues
280.7

 
397.8

 
 
 
 
Television Production
 
 
 
Television
95.9

 
196.8

International
46.4

 
56.7

Home Entertainment
 
 
 
Digital Media
45.9

 
5.9

Packaged Media
0.7

 
1.4

Total Home Entertainment
46.6

 
7.3

Other
6.8

 
19.0

Total Television Production revenues
195.7

 
279.8

 
 
 
 
Media Networks - Programming Revenues
 
 
 
Domestic(1)
357.3

 
369.3

International
10.0

 
3.1

 
367.3

 
372.4

 
 
 
 
Intersegment eliminations
(30.0
)
 
(86.4
)
Total revenues
$
813.7

 
$
963.6


___________________
(1)
Media Networks domestic revenues include revenue from the Company's Other Streaming Services product line of $11.5 million in the three months ended June 30, 2020 (2019 - $6.4 million).
Remaining Performance Obligations
Remaining performance obligations represent deferred revenue on the balance sheet plus fixed fee or minimum guarantee contracts where the revenue will be recognized and the cash received in the future (i.e., backlog). Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at June 30, 2020 are as follows:
 
 
Rest of Year Ending March 31, 2021
 
Year Ending March 31,
 
 
 
 
 
 
 
2022
 
2023
 
Thereafter
 
Total
 
 
(Amounts in millions)
Remaining Performance Obligations
 
$
862.3

 
$
343.3

 
$
145.5

 
$
161.1

 
$
1,512.2

The above table does not include estimates of variable consideration for transactions involving sales or usage-based royalties in exchange for licenses of intellectual property. The revenues included in the above table include all fixed fee contracts regardless of duration.

Revenues of $96.1 million, including variable and fixed fee arrangements, were recognized during the three months ended June 30, 2020, respectively, from performance obligations satisfied prior to March 31, 2020. These revenues were primarily associated with the distribution of television and theatrical product in electronic sell-through and video-on-demand formats, and to a lesser extent, the distribution of theatrical product in the domestic and international markets related to films initially released in prior periods.

Accounts Receivable, Contract Assets and Deferred Revenue

The timing of revenue recognition, billings and cash collections affects the recognition of accounts receivable, contract assets and deferred revenue. At June 30, 2020 and March 31, 2020, accounts receivable, contract assets and deferred revenue are as follows:
Item
 
Balance Sheet Location
 
June 30,
2020
 
March 31,
2020
 
Addition (Reduction)
 
 
 
 
(Amounts in millions)
 
 
Accounts receivable, net - current
 
Accounts receivable, net
 
$
430.6

 
$
522.0

 
$
(91.4
)
Accounts receivable, net - non-current
 
Other assets - non-current
 
60.1

 
53.6

 
6.5

Contract asset - current
 
Other assets - current(1)
 
20.2

 
18.8

 
1.4

Contract asset - non-current
 
Other assets - non-current(1)
 
6.0

 
10.5

 
(4.5
)
Deferred revenue - current
 
Deferred revenue - current
 
89.4

 
116.6

 
(27.2
)
Deferred revenue - non-current
 
Deferred revenue - non-current
 
59.8

 
61.3

 
(1.5
)
__________________
(1)
Included in prepaid expenses and other.

Accounts Receivable. Accounts receivable are presented net of a provision for doubtful accounts. The Company estimates provisions for accounts receivable based on historical experience for the respective risk categories and current and future expected economic conditions. To assess collectibility, the Company analyzes market trends, economic conditions, the aging of receivables and customer specific risks, and records a provision for estimated credit losses expected over the lifetime of the receivables in direct operating expense.

The Company performs ongoing credit evaluations and monitors its credit exposure through active review of customers' financial condition, aging of receivable balances, historical collection trends, and expectations about relevant future events that may significantly affect collectibility. The Company generally does not require collateral for its trade accounts receivable.

Changes in the provision for doubtful accounts consisted of the following:
 
March 31, 2020
 
(Benefit) provision for doubtful accounts(1)
 
Uncollectible accounts written-off
 
June 30,
2020
 
(Amounts in millions)
Trade accounts receivable
$
9.3

 
$
(1.6
)
 
$
(0.1
)
 
$
7.6

_______________________
(1)Represents collections on accounts receivable previously reserved.
 
Contract Assets. Contract assets relate to the Company’s conditional right to consideration for completed performance under the contract (e.g., unbilled receivables). Amounts relate primarily to contractual payment holdbacks in cases in which the Company is required to deliver additional episodes or seasons of television content in order to receive payment, complete certain administrative activities, such as guild filings, or allow the Company's customers' audit rights to expire. The change in the balance of contract assets is primarily due to the satisfaction of the condition related to payment holdbacks.

Deferred Revenue. Deferred revenue relates primarily to customer cash advances or deposits received prior to when the Company satisfies the corresponding performance obligation. Revenues of $48.5 million were recognized during the three months ended June 30, 2020, respectively, related to the balance of deferred revenue at March 31, 2020.