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Valuation and Qualifying Accounts | 12 Months Ended
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Mar. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
Valuation and Qualifying Accounts | Schedule II. Valuation and Qualifying Accounts Lions Gate Entertainment Corp. March 31, 2024 (In Millions)
|  |  |  | Additions |  |  |  |  |  |
Description |  | Balance at Beginning of Period |  | Charged to Costs and Expenses(1) |  | Charged to Other Accounts |  |  | Deductions |  |  | Balance at End of Period
Year Ended March 31, 2024: |  |  |  |  |  |  |  |  |  |  |  |
Reserves: |  |  |  |  |  |  |  |  |  |  |  |
Returns and allowances |  | $ | 17.6 |  |  | $ | 33.1 |  |  | $ | — |  |  |  | $ | (32.8) |  | (3) |  | $ | 17.9 |
Provision for doubtful accounts |  | $ | 9.2 |  |  | $ | 0.5 |  |  | $ | 1.3 |  | (2) |  | $ | (3.8) |  | (4) |  | $ | 7.2 |
Deferred tax valuation allowance |  | $ | 455.7 |  |  | $ | 164.7 |  |  | $ | 187.9 |  | (5) |  | $ | — |  |  |  | $ | 808.3 |
Year Ended March 31, 2023: |  |  |  |  |  |  |  |  |  |  |  |
Reserves: |  |  |  |  |  |  |  |  |  |  |  |
Returns and allowances |  | $ | 19.3 |  |  | $ | 40.6 |  |  | $ | — |  |  |  | $ | (42.3) |  | (3) |  | $ | 17.6 |
Provision for doubtful accounts |  | $ | 11.5 |  |  | $ | 1.1 |  |  | $ | — |  |  |  | $ | (3.4) |  | (4) |  | $ | 9.2 |
Deferred tax valuation allowance |  | $ | 362.8 |  |  | $ | 115.9 |  |  | $ | (23.0) |  | (5) |  | $ | — |  |  |  | $ | 455.7 |
Year Ended March 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |
Reserves: |  |  |  |  |  |  |  |  |  |  |  |
Returns and allowances |  | $ | 26.1 |  |  | $ | 44.4 |  |  | $ | — |  |  |  | $ | (51.2) |  | (3) |  | $ | 19.3 |
Provision for doubtful accounts |  | $ | 6.5 |  |  | $ | 5.3 |  |  | $ | — |  |  |  | $ | (0.3) |  | (4) |  | $ | 11.5 |
Deferred tax valuation allowance |  | $ | 350.9 |  |  | $ | 40.4 |  |  | $ | (28.5) |  | (5) |  | $ | — |  |  |  | $ | 362.8 |
____________________________ (1)Charges for returns and allowances are charges against revenue. (2)Opening balances due to the acquisition of eOne on December 27, 2023. (3)Actual returns and fluctuations in foreign currency exchange rates. (4)Uncollectible accounts written off and fluctuations in foreign currency exchange rates. Amounts for the year ended March 31, 2023 include $2.5 million related to accounts receivable previously reserved for bad debt from customers in Russia, related to Russia's invasion of Ukraine. (5)Valuation allowance adjustments recorded in other comprehensive income and primarily associated with hedging activity. Amounts for the year ended March 31, 2024 also include an opening balance of $187.0 million due to the acquisition of eOne on December 27, 2023.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
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- References No definition available. + Details
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