XML 44 R34.htm IDEA: XBRL DOCUMENT v3.20.2

Net Income (Loss) Per Share (Tables)

6 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Basic Net Income (Loss) Per Common Share

Basic net income (loss) per share for the three and six months ended September 30, 2020 and 2019 is presented below:

			Three Months Ended												Six Months Ended
			September 30,												September 30,
			2020						2019						2020						2019
			(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			$	(18.4)					$	1.8					$	32.7					$	(52.2)
Denominator:
Weighted average common shares outstanding			220.4						217.5						220.0						216.8
Basic net income (loss) per common share			$	(0.08)					$	0.01					$	0.15					$	(0.24)

Diluted Net Income (Loss) Per Common Share

Diluted net income (loss) per common share for the three and six months ended September 30, 2020 and 2019 is presented below:

			Three Months Ended												Six Months Ended
			September 30,												September 30,
			2020						2019						2020						2019
			(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			$	(18.4)					$	1.8					$	32.7					$	(52.2)
Denominator:
Weighted average common shares outstanding			220.4						217.5						220.0						216.8
Effect of dilutive securities:
Share purchase options			—						0.3						—						—
Restricted share units and restricted stock			—						0.2						0.6						—
Contingently issuable shares			—						1.8						—						—
Adjusted weighted average common shares outstanding			220.4						219.8						220.6						216.8
Diluted net income (loss) per common share			$	(0.08)					$	0.01					$	0.15					$	(0.24)

Anti-dilutive Shares Issuable

Additionally, for the three and six months ended September 30, 2020 and 2019, 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.

			Three Months Ended												Six Months Ended
			September 30,												September 30,
			2020						2019						2020						2019
			(Amounts in millions)
Anti-dilutive shares issuable
Share purchase options			28.2						31.1						28.0						30.2
Restricted share units			1.4						3.3						2.0						2.4
Other issuable shares			2.6						3.9						3.8						3.0
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share			32.2						38.3						33.8						35.6

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effect of income (loss) on basic earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration