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Property and Equipment

12 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Line Items]

Property and Equipment

4. Property and Equipment

		March 31, 2024				March 31, 2023
		(Amounts in millions)
Leasehold improvements		$	34.4			$	27.6
Property and equipment			18.1				15.2
Computer equipment and software			84.2				71.5
			136.7				114.3
Less accumulated depreciation and amortization			(100.6	)			(91.7	)
			36.1				22.6
Land			1.2				1.2
		$	37.3			$	23.8

During the year ended March 31, 2024, depreciation expense amounted to $10.3 million (2023 - $12.2 million, 2022 - $12.4 million).

Starz Business of Lions Gate Entertainment Corp

Property, Plant and Equipment [Line Items]

Property and Equipment

4. Property and Equipment

		March 31, 2024				March 31, 2023
		(Amounts in millions)
Distribution equipment		$	19.3			$	19.1
Leasehold improvements			31.1				30.5
Furniture, fixtures and office equipment			4.4				5.0
Computer equipment			25.6				22.7
Capitalized software			114.1				102.2
			194.5				179.5
Less accumulated depreciation and amortization			(143.4	)			(124.3	)
		$	51.1			$	55.2

During the fiscal year ended March 31, 2024, depreciation expense amounted to $24.8 million (2023 -$21.2 million; 2022 - $23.3 million).

X

- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

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