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Net Loss Per Share (Tables)

3 Months Ended

12 Months Ended

Jun. 30, 2024

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share for the three months ended June 30, 2024 and 2023 is presented below:

		Three Months Ended June 30,
		2024				2023
		(Amounts in millions, except per share  amounts)
Basic and Diluted Net Loss Per Common Share:
Numerator:
Net loss attributable to Lionsgate Studios Corp. shareholders		$	(43.5	)		$	(20.5	)
Accretion of redeemable noncontrolling interest			(0.3	)			—
Net loss attributable to Lionsgate Studios Corp. shareholders after accretion of redeemable noncontrolling interest		$	(43.8	)		$	(20.5	)
Denominator:
Weighted average common shares outstanding			272.4				253.4
Basic and diluted net loss per common share		$	(0.16	)		$	(0.08	)

Basic net income (loss) per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net income (loss) per share for the years ended March 31, 2024, 2023 and 2022 is presented below:

		Year Ending March 31,
		2024				2023				2022
		(Amounts in millions, except per share amounts)
Basic and Diluted Net Income (Loss) per Common Share:
Numerator:
Net income (loss) attributable to Parent		$	(93.5	)		$	(0.3	)		$	11.1
Accretion of redeemable noncontrolling interest			(11.9	)			—				—
Net income (loss) attributable to Parent after accretion of redeemable noncontrolling interest		$	(105.4	)		$	(0.3	)		$	11.1
Denominator:
Weighted average common shares outstanding			253.4				253.4				253.4
Basic and diluted net loss per common share		$	(0.42	)		$	(0.00	)		$	0.04

Schedule of Anti-dilutive Shares Issuable

Additionally, for the three months ended June 30, 2024 and 2023, the outstanding common shares issuable presented below were excluded from diluted net loss per common share because they are contingently issuable upon certain vesting criteria that have not been met as of the reporting period.

		Three Months Ended June 30,
		2024				2023
		(Amounts in millions)
SEAC Sponsor Options			2.2				—

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- References

No definition available.

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- 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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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