XML 53 R38.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Capital Stock (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2023
Equity and Share-based Compensation [Abstract] |
Common Shares Reserved For Future Issuance | The table below outlines common shares reserved for future issuance:
| December 31, 2023 |  | March 31, 2023
| (Amounts in millions)
Stock options and share appreciation rights (SARs) outstanding | 20.8 |  |  | 24.8 |
Restricted share units and restricted stock — unvested | 13.7 |  |  | 14.0 |
Common shares available for future issuance | 15.0 |  |  | 11.4 |
Shares reserved for future issuance | 49.5 |  |  | 50.2 |
Share-Based Compensation Expense | The Company recognized the following share-based compensation expense during the three and nine months ended December 31, 2023 and 2022:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (Amounts in millions)
Compensation Expense: |  |  |  |  |  |  |
Stock options | $ | 0.4 |  |  | $ | 1.5 |  |  | $ | 1.9 |  |  | $ | 5.6 |
Restricted share units and other share-based compensation | 24.4 |  |  | 20.8 |  |  | 63.7 |  |  | 49.7 |
Share appreciation rights | 0.1 |  |  | 1.0 |  |  | 1.3 |  |  | 2.4 |
| 24.9 |  |  | 23.3 |  |  | 66.9 |  |  | 57.7 |
Impact of accelerated vesting on equity awards(1) | 6.8 |  |  | 1.5 |  |  | 8.4 |  |  | 2.1 |
Total share-based compensation expense | $ | 31.7 |  |  | $ | 24.8 |  |  | $ | 75.3 |  |  | $ | 59.8 |
___________________ (1)Represents the impact of the acceleration of vesting schedules for equity awards pursuant to certain severance arrangements. Share-based compensation expense, by expense category, consisted of the following:
| Three Months Ended |  | Nine Months Ended
| December 31, |  | December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (Amounts in millions)
Share-Based Compensation Expense: |  |  |  |  |  |  |
Direct operating | $ | 0.9 |  |  | $ | 0.5 |  |  | $ | 2.3 |  |  | $ | 1.2 |
Distribution and marketing | 0.2 |  |  | 0.2 |  |  | 0.7 |  |  | 0.6 |
General and administration | 23.8 |  |  | 22.6 |  |  | 63.9 |  |  | 55.9 |
Restructuring and other | 6.8 |  |  | 1.5 |  |  | 8.4 |  |  | 2.1 |
| $ | 31.7 |  |  | $ | 24.8 |  |  | $ | 75.3 |  |  | $ | 59.8 |
Schedule of Stock Option, SARs, Restricted Stock and Restricted Share Unit Activity | The following table sets forth the stock option, SARs, restricted stock and restricted share unit activity during the nine months ended December 31, 2023:
| Stock Options and SARs |  | Restricted Stock and Restricted Share Units
| Class A Voting Shares |  | Class B Non-Voting Shares |  | Class A Voting Shares |  | Class B Non-Voting Shares
| Number of Shares |  | Weighted-Average Exercise Price |  | Number of Shares |  | Weighted-Average Exercise Price |  | Number of Shares |  | Weighted-Average Grant-Date Fair Value |  | Number of Shares |  | Weighted-Average Grant-Date Fair Value
| (Number of shares in millions)
Outstanding at March 31, 2023 | 4.3 |  |  | $26.35 |  | 20.5 |  |  | $15.23 |  | — |  | (1) | $10.95 |  | 14.0 |  |  | $9.48
Granted | — |  |  | — |  |  | 0.3 |  |  | $8.88 |  | 0.1 |  |  | 8.87 |  |  | 9.3 |  |  | $8.19
Options exercised or restricted stock or RSUs vested | — |  | (1) | $7.70 |  | (0.1) |  |  | $7.16 |  | — |  | (1) | 10.89 |  |  | (9.1) |  |  | $9.32
Forfeited or expired | (1.9) |  |  | $30.81 |  | (2.3) |  |  | $28.35 |  | — |  |  | — |  |  | (0.6) |  |  | $8.67
Outstanding at December 31, 2023 | 2.4 |  |  | $22.96 |  | 18.4 |  |  | $13.73 |  | 0.1 |  |  | $9.27 |  | 13.6 |  |  | $8.73
__________________ (1)Represents less than 0.1 million shares.

X
- Definition Common shares reserved for future issuance. + References No definition available. + Details
Name: | lgfa_CommonSharesReservedForFutureIssuanceTableTextBlock
Namespace Prefix: | lgfa_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity and Share-based Compensation [Abstract] + References No definition available. + Details
Name: | lgfa_EquityAndShareBasedCompensationAbstract
Namespace Prefix: | lgfa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration