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Net Income (Loss) Per Share (Tables)

9 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Basic Net Income (Loss) Per Common Share

Basic net income (loss) per share for the three and nine months ended December 31, 2022 and 2021 is presented below:

			Three Months Ended												Nine Months Ended
			December 31,												December 31,
			2022						2021						2022						2021
			(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			$	16.6					$	(45.6)					$	(1,913.5)					$	(83.5)
Denominator:
Weighted average common shares outstanding			228.8						225.0						227.4						223.7
Basic net income (loss) per common share			$	0.07					$	(0.20)					$	(8.41)					$	(0.37)

Diluted Net Income (Loss) Per Common Share

Diluted net income (loss) per common share for the three and nine months ended December 31, 2022 and 2021 is presented below:

			Three Months Ended												Nine Months Ended
			December 31,												December 31,
			2022						2021						2022						2021
			(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			$	16.6					$	(45.6)					$	(1,913.5)					$	(83.5)
Denominator:
Weighted average common shares outstanding			228.8						225.0						227.4						223.7
Effect of dilutive securities:
Share purchase options			—						—						—						—
Restricted share units and restricted stock			1.3						—						—						—
Adjusted weighted average common shares outstanding			230.1						225.0						227.4						223.7
Diluted net income (loss) per common share			$	0.07					$	(0.20)					$	(8.41)					$	(0.37)

Anti-dilutive Shares Issuable

Additionally, for the three and nine months ended December 31, 2022 and 2021, 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												Nine Months Ended
			December 31,												December 31,
			2022						2021						2022						2021
			(Amounts in millions)
Anti-dilutive shares issuable
Share purchase options			25.2						16.0						22.8						16.0
Restricted share units			5.6						—						2.5						0.6
Other issuable shares			4.3						2.3						3.2						2.1
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share			35.1						18.3						28.5						18.7

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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.

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

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