Consolidating Financial Information - Senior Secured Second - Priority Notes (Tables) (Senior Secured Second-Priority Notes [Member])

12 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Mar. 31, 2010

Senior Secured Second-Priority Notes [Member]

Consolidated Financial Information - Balance Sheet

	As of
	March 31, 2012
	Lions Gate Entertainment Corp.		Lions Gate Entertainment Inc.
						Other Subsidiaries						Consolidating Adjustments			Lions Gate Consolidated
						Guarantors			Non-guarantors
	(Amounts in thousands)
BALANCE SHEET
Assets
Cash and cash equivalents	$	561	$	477		$	1,525		$	61,735		$	—		$	64,298
Restricted cash	—		7,169			—			4,767			—			11,936
Accounts receivable, net	498		11,046			482,003			290,983			—			784,530
Investment in films and television programs, net	2		6,391			710,459			612,548			(347		)	1,329,053
Property and equipment, net	—		7,236			121			2,415			—			9,772
Equity method investments	—		11,598			52,889			108,255			(1,480		)	171,262
Goodwill	10,173		—			192,830			123,630			—			326,633
Other assets	49,198		48,923			6,414			34,976			(49,000		)	90,511
Subsidiary investments and advances	30,136		98,990			(7,532		)	(310,562		)	188,968			—
	$	90,568	$	191,830		$	1,438,709		$	928,747		$	138,141		$	2,787,995
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	—	$	99,750		$	—		$	—		$	—		$	99,750
Senior secured second-priority notes	—		431,510			—			—			—			431,510
Term loan	—		—			—			477,514			—			477,514
Accounts payable and accrued liabilities	520		88,065			202,535			79,903			69			371,092
Participations and residuals	189		3,411			272,780			144,037			(92		)	420,325
Film obligations and production loans	74		—			481,359			79,717			—			561,150
Convertible senior subordinated notes and other financing obligations	—		104,498			3,718			49,060			(49,000		)	108,276
Deferred revenue	—		17,798			166,292			44,503			—			228,593
Shareholders’ equity (deficiency)	89,785		(553,202		)	312,025			54,013			187,164			89,785
	$	90,568	$	191,830		$	1,438,709		$	928,747		$	138,141		$	2,787,995

	As of
	March 31, 2011
	Lions Gate Entertainment Corp.		Lions Gate Entertainment Inc.
						Other Subsidiaries						Consolidating Adjustments			Lions Gate Consolidated
						Guarantors			Non-guarantors
	(Amounts in thousands)
BALANCE SHEET
Assets
Cash and cash equivalents	$	795	$	6,451		$	696		$	78,477		$	—		$	86,419
Restricted cash	13,992		29,466			—			—			—			43,458
Accounts receivable, net	494		4,237			292,860			33,033			—			330,624
Investment in films and television programs, net	12		6,391			513,505			89,137			(1,288		)	607,757
Property and equipment, net	—		8,292			189			608			—			9,089
Equity method investments	1,123		17,052			28,714			117,514			(2,509		)	161,894
Goodwill	10,173		—			198,883			30,198			—			239,254
Other assets	458		34,214			10,658			992			—			46,322
Assets held for sale	—		—			—			44,336			—			44,336
Subsidiary investments and advances	113,989		(171,895		)	(28,053		)	(199,205		)	285,164			—
	$	141,036	$	(65,792	)	$	1,017,452		$	195,090		$	281,367		$	1,569,153
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	—	$	69,750		$	—		$	—		$	—		$	69,750
Senior secured second-priority notes	—		226,331			—			—			—			226,331
Accounts payable and accrued liabilities	1,910		52,035			141,715			35,288			41			230,989
Participations and residuals	195		11,093			264,320			21,973			(99		)	297,482
Film obligations and production loans	76		—			308,744			17,620			—			326,440
Convertible senior subordinated notes and other financing obligations	—		107,255			3,718			—			—			110,973
Deferred revenue	—		134			123,696			27,107			—			150,937
Liabilities held for sale	—		—			—			17,396			—			17,396
Shareholders’ equity (deficiency)	138,855		(532,390		)	175,259			75,706			281,425			138,855
	$	141,036	$	(65,792	)	$	1,017,452		$	195,090		$	281,367		$	1,569,153

Consolidated Financial Information - Statement of Operations

	Year Ended
	March 31, 2012
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments			Lions Gate Consolidated
							Guarantors			Non-guarantors
	(Amounts in thousands)
STATEMENT OF OPERATIONS
Revenues	$	—		$	27,836		$	1,308,092		$	326,980		$	(75,329	)	$	1,587,579
EXPENSES:
Direct operating	448			(317		)	748,030			218,781			(58,540		)	908,402
Distribution and marketing	(1		)	(49		)	399,484			84,181			(102		)	483,513
General and administration	5,965			87,061			54,131			22,012			(305		)	168,864
Gain on sale of asset disposal group	(10,967		)	—			—			—			—			(10,967		)
Depreciation and amortization	—			2,784			225			1,267			—			4,276
Total expenses	(4,555		)	89,479			1,201,870			326,241			(58,947		)	1,554,088
OPERATING INCOME (LOSS)	4,555			(61,643		)	106,222			739			(16,382		)	33,491
Other expenses (income):
Interest expense	—			64,020			5,925			9,052			(886		)	78,111
Interest and other income	(77		)	(2,827		)	(449		)	(285		)	886			(2,752		)
Loss on extinguishment of debt	—			967			—			—			—			967
Total other expenses (income)	(77		)	62,160			5,476			8,767			—			76,326
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	4,632			(123,803		)	100,746			(8,028		)	(16,382		)	(42,835		)
Equity interests income (loss)	(43,827		)	79,880			24,177			(9,259		)	(42,559		)	8,412
INCOME (LOSS) BEFORE INCOME TAXES	(39,195		)	(43,923		)	124,923			(17,287		)	(58,941		)	(34,423		)
Income tax provision (benefit)	(77		)	1,648			1,442			1,682			—			4,695
NET INCOME (LOSS)	$	(39,118	)	$	(45,571	)	$	123,481		$	(18,969	)	$	(58,941	)	$	(39,118	)

	Year Ended
	March 31, 2011
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments			Lions Gate Consolidated
							Guarantors			Non-guarantors
							(Amounts in thousands)
STATEMENT OF OPERATIONS
Revenues	$	—		$	25,399		$	1,427,122		$	190,214		$	(60,015	)	$	1,582,720
EXPENSES:
Direct operating	—			1,534			769,468			84,020			(59,276		)	795,746
Distribution and marketing	—			522			462,254			84,493			(43		)	547,226
General and administration	3,098			108,160			45,532			14,963			(346		)	171,407
Depreciation and amortization	—			3,694			1,373			744			—			5,811
Total expenses	3,098			113,910			1,278,627			184,220			(59,665		)	1,520,190
OPERATING INCOME (LOSS)	(3,098		)	(88,511		)	148,495			5,994			(350		)	62,530
Other expenses (income):
Interest expense	—			51,132			3,968			851			(771		)	55,180
Interest and other income	(172		)	(1,731		)	(444		)	(166		)	771			(1,742		)
Loss on extinguishment of debt	—			14,505			—			—			—			14,505
Total other expenses (income)	(172		)	63,906			3,524			685			—			67,943
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	(2,926		)	(152,417		)	144,971			5,309			(350		)	(5,413		)
Equity interests income (loss)	(27,455		)	70,576			(14,367		)	(427		)	(49,039		)	(20,712		)
INCOME (LOSS) BEFORE INCOME TAXES	(30,381		)	(81,841		)	130,604			4,882			(49,389		)	(26,125		)
Income tax provision (benefit)	—			3,032			1,530			(306		)	—			4,256
NET INCOME (LOSS)	$	(30,381	)	$	(84,873	)	$	129,074		$	5,188		$	(49,389	)	$	(30,381	)

	Year Ended
	March 31, 2010
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments			Lions Gate Consolidated
							Guarantors			Non-guarantors
							(Amounts in thousands)
STATEMENT OF OPERATIONS
Revenues	$	—		$	32,219		$	1,238,659		$	259,654		$	(41,026	)	$	1,489,506
EXPENSES:
Direct operating	—			458			664,323			156,297			(43,109		)	777,969
Distribution and marketing	—			7,475			433,878			64,830			(42		)	506,141
General and administration	7,070			72,705			42,347			21,212			(274		)	143,060
Depreciation and amortization	—			4,832			3,645			3,978			—			12,455
Total expenses	7,070			85,470			1,144,193			246,317			(43,425		)	1,439,625
OPERATING INCOME (LOSS)	(7,070		)	(53,251		)	94,466			13,337			2,399			49,881
Other expenses (income):
Interest expense	—			45,165			1,662			1,146			(811		)	47,162
Interest and other income	(130		)	(12,050		)	(605		)	(72		)	11,310			(1,547		)
Gain on extinguishment of debt	—			(5,675		)	—			—			—			(5,675		)
Total other expenses (income)	(130		)	27,440			1,057			1,074			10,499			39,940
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	(6,940		)	(80,691		)	93,409			12,263			(8,100		)	9,941
Equity interests income (loss)	(23,307		)	49,090			(37,949		)	(10,594		)	(16,235		)	(38,995		)
INCOME (LOSS) BEFORE INCOME TAXES	(30,247		)	(31,601		)	55,460			1,669			(24,335		)	(29,054		)
Income tax provision (benefit)	25			225			(751		)	1,719			—			1,218
NET INCOME (LOSS)	(30,272		)	(31,826		)	56,211			(50		)	(24,335		)	(30,272		)

Consolidated Financial Information - Statement of Cash Flows

	Year Ended
	March 31, 2012
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments		Lions Gate Consolidated
							Guarantors			Non-guarantors
	(Amounts in thousands)
STATEMENT OF CASH FLOWS
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	69,612		$	(220,619	)	$	(70,245	)	$	57,784		$	—	$	(163,468	)
INVESTING ACTIVITIES:
Purchase of Summit, net of unrestricted cash acquired of $315,932 (see Note 15)	—			—			(18,414		)	(535,318		)	—		(553,732		)
Proceeds from the sale of asset disposal group, net of transaction costs and cash disposed of $3,943 (see Note 15)	9,119			—			—			—			—		9,119
Investment in equity method investees	(1,030		)	—			—			—			—		(1,030		)
Increase in loans receivable	—			(4,671		)	—			—			—		(4,671		)
Purchases of property and equipment	—			(1,728		)	(157		)	—			—		(1,885		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	8,089			(6,399		)	(18,571		)	(535,318		)	—		(552,199		)
FINANCING ACTIVITIES:
Exercise of stock options	3,520			—			—						—		3,520
Tax withholding requirements on equity awards	(4,320		)	—			—			—			—		(4,320		)
Repurchase of common shares	(77,088		)												(77,088		)
Borrowings under senior revolving credit facility	—			390,650			—			—			—		390,650
Repayments of borrowings under senior revolving credit facility	—			(360,650		)	—			—			—		(360,650		)
Borrowings under individual production loans	—			—			272,970			3,916			—		276,886
Repayment of individual production loans	—			—			(205,251		)	(2,661		)	—		(207,912		)
Production loan borrowings under film credit facility	—			—			54,325			—			—		54,325
Production loan repayments under film credit facility	—			—			(30,813		)	—			—		(30,813		)
Change in restricted cash collateral associated with financing activities	—			—			—			—			—		—
Proceeds from Term Loan, associated with the acquisition of Summit, net of debt discount of $7,500 and deferred financing costs of $16,350	—			—						476,150			—		476,150
Repayments of borrowings under Term Loan associated with the acquisition of Summit	—			—			(1,586		)	(13,480		)	—		(15,066		)
Proceeds from sale of senior secured second-priority notes, net of deferred financing costs	—			201,955			—			—			—		201,955
Repurchase of senior secured second-priority notes	—			(9,852		)	—			—			—		(9,852		)
Proceeds from the issuance of convertible senior subordinated notes	—			45,000			—			—			—		45,000
Repurchase of convertible senior subordinated notes	—			(46,059		)	—			—			—		(46,059		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(77,888		)	221,044			89,645			463,925			—		696,726
NET CHANGE IN CASH AND CASH EQUIVALENTS	(187		)	(5,974		)	829			(13,609		)	—		(18,941		)
FOREIGN EXCHANGE EFFECTS ON CASH	(47		)	—			—			(3,133		)	—		(3,180		)
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	795			6,451			696			78,477			—		86,419
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	561		$	477		$	1,525		$	61,735		$	—	$	64,298

	Years Ended
	March 31, 2011
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments		Lions Gate Consolidated
							Guarantors			Non-guarantors
							(Amounts in thousands)
STATEMENT OF CASH FLOWS
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	15,420		$	(54,654	)	$	69,717		$	11,844		$	—	$	42,327
INVESTING ACTIVITIES:
Purchases of restricted investments	—			(13,993		)	—			—			—		(13,993		)
Proceeds from the sale of restricted investments	—			20,989			—			—			—		20,989
Buy-out of the earn-out associated with the acquisition of Debmar-Mercury, LLC	—			—			(15,000		)	—			—		(15,000		)
Investment in equity method investees	(2,000		)	—			(22,677		)	—			—		(24,677		)
Increase in loans receivable	—			(1,042		)	—			—			—		(1,042		)
Repayment of loans receivable	—			—			8,113			—			—		8,113
Purchases of property and equipment	—			(658		)	(504		)	(1,594		)	—		(2,756		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	(2,000		)	5,296			(30,068		)	(1,594		)	—		(28,366		)
FINANCING ACTIVITIES:
Tax withholding requirements on equity awards	(13,476		)	—			—			—			—		(13,476		)
Borrowings under senior revolving credit facility	—			525,250			—			—			—		525,250
Repayments of borrowings under senior revolving credit facility	—			(472,500		)	—			—			—		(472,500		)
Borrowings under individual production loans	—			—			105,194			13,395			—		118,589
Repayment of individual production loans	—			—			(140,080		)	(7,022		)	—		(147,102		)
Production loan borrowings under film credit facility	—			—			19,456			—			—		19,456
Production loan repayments under film credit facility	—			—			(34,762		)	—			—		(34,762		)
Change in restricted cash collateral associated with financing activities	—			—			3,087			—			—		3,087
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(13,476		)	52,750			(47,105		)	6,373			—		(1,458		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(56		)	3,392			(7,456		)	16,623			—		12,503
FOREIGN EXCHANGE EFFECTS ON CASH	37			—			—			4,637			—		4,674
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	814			3,059			8,152			57,217			—		69,242
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	795		$	6,451		$	696		$	78,477		$	—	$	86,419

	Year Ended
	March 31, 2010
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.
							Other Subsidiaries						Consolidating Adjustments		Lions Gate Consolidated
							Guarantors			Non-guarantors
							(Amounts in thousands)
STATEMENT OF CASH FLOWS
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	(12,543	)	$	14,072		$	(94,998	)	$	(41,491	)	$	—	$	(134,960	)
INVESTING ACTIVITIES:
Purchases of restricted investments	—			(13,994		)	—			—			—		(13,994		)
Proceeds from the sale of restricted investments	—			13,985			—			—			—		13,985
Investment in equity method investees	—			—			(47,129		)	—			—		(47,129		)
Increase in loan receivables	—			(362		)	—			(1,056		)	—		(1,418		)
Repayment of loans receivable	—			—			8,333			—			—		8,333
Purchases of property and equipment	—			(1,146		)	(605		)	(1,933		)	—		(3,684		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	—			(1,517		)	(39,401		)	(2,989		)	—		(43,907		)
FINANCING ACTIVITIES:
Tax withholding requirements on equity awards	(2,030		)	—			—			—			—		(2,030		)
Proceeds from the issuance of mandatorily redeemable preferred stock units and common stock units related to the sale of 49% interest in TV Guide Network	—			—			—			109,776			—		109,776
Borrowings under senior revolving credit facility	—			302,000			—			—			—		302,000
Repayments of borrowings under senior revolving credit facility	—			(540,000		)	—			—			—		(540,000		)
Borrowings under individual production loans	—			—			128,590			16,151			—		144,741
Repayment of individual production loans	—			—			(87,347		)	(48,914		)	—		(136,261		)
Production loan borrowings under Pennsylvania Regional Center credit facility	—			—			63,133			—			—		63,133
Production loan borrowings under film credit facility, net of deferred financing costs	—			—			30,469			—			—		30,469
Production loan repayments under film credit facility	—			—			(2,718		)	—			—		(2,718		)
Proceeds from sale of senior secured second-priority notes, net of deferred financing costs	—			214,727			—			—			—		214,727
Repurchase of convertible senior subordinated notes	—			(75,185		)	—			—			—		(75,185		)
Repayment of other financing obligations	—			—			—			(134		)	—		(134		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(2,030		)	(98,458		)	132,127			76,879			—		108,518
NET CHANGE IN CASH AND CASH EQUIVALENTS	(14,573		)	(85,903		)	(2,272		)	32,399			—		(70,349		)
FOREIGN EXCHANGE EFFECTS ON CASH	2,134			—			—			(1,018		)	—		1,116
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	13,253			88,962			10,424			25,836			—		138,475
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	814		$	3,059		$	8,152		$	57,217		$	—	$	69,242