Consolidating Financial Information - Convertible Senior Subordinated Notes (Tables) (Convertible Senior Subordinated Notes [Member])

9 Months Ended

Dec. 31, 2013

Convertible Senior Subordinated Notes [Member]

Consolidating Financial Information [Line Items]

Consolidated Financial Information - Balance Sheet

	As of
	March 31, 2013
	Lions Gate Entertainment Corp.		Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries		Consolidating Adjustments			Lions Gate Consolidated
	(Amounts in thousands)
BALANCE SHEET
Assets
Cash and cash equivalents	$	592	$	36,834		$	24,937	$	—		$	62,363
Restricted cash	—		9,903			761		—			10,664
Accounts receivable, net	655		5,017			781,478		—			787,150
Investment in films and television programs, net	246		6,391			1,238,966		(1,528		)	1,244,075
Property and equipment, net	—		8,019			511		—			8,530
Equity method investments	—		8,005			162,262		(817		)	169,450
Goodwill	10,173		—			313,155		—			323,328
Other assets	49,195		56,544			15,879		(48,999		)	72,619
Deferred tax assets	—		69,118			13,572		—			82,690
Subsidiary investments and advances	296,373		451,668			—		(748,041		)	—
	$	357,234	$	651,499		$	2,551,521	$	(799,385	)	$	2,760,869
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	—	$	338,474		$	—	$	—		$	338,474
Senior secured second-priority notes	—		432,277			—		—			432,277
Accounts payable and accrued liabilities	449		104,078			209,258		(165		)	313,620
Participations and residuals	186		3,411			406,077		89			409,763
Film obligations and production loans	73		—			568,946		—			569,019
Convertible senior subordinated notes	—		87,167			49,000		(49,000		)	87,167
Deferred revenue	—		14,899			239,124		—			254,023
Intercompany payable	—		—			320,522		(320,522		)	—
Shareholders’ equity (deficiency)	356,526		(328,807		)	758,594		(429,787		)	356,526
	$	357,234	$	651,499		$	2,551,521	$	(799,385	)	$	2,760,869

	As of
	December 31, 2013
	Lions Gate Entertainment Corp.		Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries		Consolidating Adjustments			Lions Gate Consolidated
	(Amounts in thousands)
BALANCE SHEET
Assets
Cash and cash equivalents	$	750	$	44,586		$	30,066	$	—		$	75,402
Restricted cash	—		40,443			—		—			40,443
Accounts receivable, net	684		3,565			835,055		—			839,304
Investment in films and television programs, net	235		6,394			1,295,731		1,062			1,303,422
Property and equipment, net	—		12,295			411		—			12,706
Equity method investments	—		3,295			173,312		—			176,607
Goodwill	10,173		—			313,155		—			323,328
Other assets	4,233		66,421			5,381		(6,460		)	69,575
Deferred tax assets	4,327		51,899			13,547		—			69,773
Subsidiary investments and advances	1,202,359		971,773			1,602,882		(3,777,014		)	—
	$	1,222,761	$	1,200,671		$	4,269,540	$	(3,782,412	)	$	2,910,560
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	194,119	$	—		$	—	$	—		$	194,119
Senior secured second-priority notes	225,000		—			—		—			225,000
July 2013 Term Loan	222,664		—			—		—			222,664
Accounts payable and accrued liabilities	14,462		51,235			239,314		83			305,094
Participations and residuals	—		3,408			444,770		238			448,416
Film obligations and production loans	—		—			573,949		—			573,949
Convertible senior subordinated notes	—		150,672			—		—			150,672
Deferred revenue	—		12,342			259,798		—			272,140
Intercompany payable	48,010		1,237,578			1,627,355		(2,912,943		)	—
Shareholders’ equity (deficiency)	518,506		(254,564		)	1,124,354		(869,790		)	518,506
	$	1,222,761	$	1,200,671		$	4,269,540	$	(3,782,412	)	$	2,910,560

Consolidated Financial Information - Statement of Operations

	Nine Months Ended
	December 31, 2013
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries			Consolidating Adjustments			Lions Gate Consolidated
				(Amounts in thousands)
STATEMENT OF INCOME
Revenues	$	6,748		$	20,989		$	1,889,642		$	(8,983	)	$	1,908,396
EXPENSES:
Direct operating	(254		)	(2,933		)	968,943			—			965,756
Distribution and marketing	2			2,490			548,005			—			550,497
General and administration	1,344			124,084			61,093			(401		)	186,120
Depreciation and amortization	—			1,608			3,158			—			4,766
Total expenses	1,092			125,249			1,581,199			(401		)	1,707,139
OPERATING INCOME (LOSS)	5,656			(104,260		)	308,443			(8,582		)	201,257
Other expenses (income):
Interest expense	12,496			70,840			20,036			(50,812		)	52,560
Interest and other income	(33,592		)	(4,838		)	(17,132		)	50,812			(4,750		)
Loss on extinguishment of debt	2,600			34,053			—			—			36,653
Total other expenses (income)	(18,496		)	100,055			2,904			—			84,463
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	24,152			(204,315		)	305,539			(8,582		)	116,794
Equity interests income (loss)	74,296			298,123			18,328			(377,589		)	13,158
INCOME (LOSS) BEFORE INCOME TAXES	98,448			93,808			323,867			(386,171		)	129,952
Income tax provision (benefit)	(4,437		)	19,512			67,244			(55,252		)	27,067
NET INCOME (LOSS)	102,885			74,296			256,623			(330,919		)	102,885
Foreign currency translation adjustments	3,334			(59		)	26,082			(25,253		)	4,104
Net unrealized loss on foreign exchange contracts	—			—			(770		)	—			(770		)
COMPREHENSIVE INCOME (LOSS)	$	106,219		$	74,237		$	281,935		$	(356,172	)	$	106,219

	Nine Months Ended
	December 31, 2012
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries			Consolidating Adjustments			Lions Gate Consolidated
	(Amounts in thousands)
STATEMENT OF INCOME
Revenues	$	—		$	10,397		$	1,912,986		$	(950	)	$	1,922,433
EXPENSES:
Direct operating	—			1,791			969,591			—			971,382
Distribution and marketing	(1		)	1,664			623,541			—			625,204
General and administration	1,279			84,233			58,179			(417		)	143,274
Depreciation and amortization	—			1,439			4,801			—			6,240
Total expenses	1,278			89,127			1,656,112			(417		)	1,746,100
OPERATING INCOME (LOSS)	(1,278		)	(78,730		)	256,874			(533		)	176,333
Other expenses (income):
Interest expense	—			55,286			18,990			(727		)	73,549
Interest and other income	(8		)	(2,618		)	(1,159		)	727			(3,058		)
Loss on extinguishment of debt	—			705			23,106			—			23,811
Total other expenses (income)	(8		)	53,373			40,937			—			94,302
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	(1,270		)	(132,103		)	215,937			(533		)	82,031
Equity interests income (loss)	70,429			201,602			537			(274,470		)	(1,902		)
INCOME (LOSS) BEFORE INCOME TAXES	69,159			69,499			216,474			(275,003		)	80,129
Income tax provision (benefit)	—			2,158			8,812			—			10,970
NET INCOME (LOSS)	69,159			67,341			207,662			(275,003		)	69,159
Foreign currency translation adjustments	1,825			2,146			9,915			(12,151		)	1,735
Net unrealized gain on foreign exchange contracts	—			—			90			—			90
COMPREHENSIVE INCOME (LOSS)	$	70,984		$	69,487		$	217,667		$	(287,154	)	$	70,984

Consolidated Financial Information - Statement of Cash Flows

	Nine Months Ended
	December 31, 2012
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries			Consolidating Adjustments		Lions Gate Consolidated
	(Amounts in thousands)
STATEMENT OF CASH FLOWS
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	1,678		$	(304,987	)	$	521,568		$	—	$	218,259
INVESTING ACTIVITIES:
Purchases of investments	—			—			(2,022		)	—		(2,022		)
Proceeds from the sale of investments	—			—			6,354			—		6,354
Repayment of loans receivable	—			—			4,274			—		4,274
Purchases of property and equipment	—			(1,863		)	(223		)	—		(2,086		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	—			(1,863		)	8,383			—		6,520
FINANCING ACTIVITIES:
Senior revolving credit facility - borrowings, net of deferred financing costs	—			1,089,120			—			—		1,089,120
Senior revolving credit facility - repayments	—			(758,200		)	—			—		(758,200		)
Senior secured second-priority notes - consent fee	—			(3,270		)	—			—		(3,270		)
Summit Term Loan - repayments	—			—			(484,664		)	—		(484,664		)
Convertible senior subordinated notes - repurchases	—			(7,639		)	—			—		(7,639		)
Production loans - borrowings	—			—			263,124			—		263,124
Production loans - repayments	—			—			(321,603		)	—		(321,603		)
Pennsylvania Regional Center credit facility - repayments	—			—			(500		)	—		(500		)
Change in restricted cash collateral associated with financing activities	—			—			(12,769		)	—		(12,769		)
Exercise of stock options	2,897			—			—			—		2,897
Tax withholding required on equity awards	(4,939		)	—			—			—		(4,939		)
Other financing obligations - repayments	—			—			(3,710		)	—		(3,710		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(2,042		)	320,011			(560,122		)	—		(242,153		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(364		)	13,161			(30,171		)	—		(17,374		)
FOREIGN EXCHANGE EFFECTS ON CASH	(7		)	—			1,271			—		1,264
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	561			477			63,260			—		64,298
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	190		$	13,638		$	34,360		$	—	$	48,188

	Nine Months Ended
	December 31, 2013
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries			Consolidating Adjustments		Lions Gate Consolidated
	(Amounts in thousands)
STATEMENT OF CASH FLOWS
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	(630,884	)	$	761,836		$	14,882		$	—	$	145,834
INVESTING ACTIVITIES:
Proceeds from the sale of a portion of equity method investee	—			—			9,000			—		9,000
Investment in equity method investees	—			(750		)	(16,500		)	—		(17,250		)
Dividends from equity method investee in excess of earnings	—			—			4,169			—		4,169
Repayment of loans receivable	—			—			4,275			—		4,275
Purchases of property and equipment	—			(4,276		)	(1,840		)	—		(6,116		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	—			(5,026		)	(896		)	—		(5,922		)
FINANCING ACTIVITIES:
Senior revolving credit facility - borrowings	319,119			463,100			—			—		782,219
Senior revolving credit facility - repayments	(125,000		)	(801,574		)	—			—		(926,574		)
Senior secured second-priority notes - borrowings, net of deferred financing costs	223,756			—			—			—		223,756
Senior secured second-priority notes - repurchases and redemptions	—			(470,584		)	—			—		(470,584		)
July 2013 Term Loan - borrowings, net of deferred financing costs	216,884			—			—			—		216,884
Convertible senior subordinated notes - borrowings	—			60,000			—			—		60,000
Production loans - borrowings	—			—			359,582			—		359,582
Production loans - repayments	—			—			(301,385		)	—		(301,385		)
Pennsylvania Regional Center credit facility - repayments	—			—			(65,000		)	—		(65,000		)
Exercise of stock options	10,869			—			—			—		10,869
Tax withholding required on equity awards	(14,376		)	—			—			—		(14,376		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	631,252			(749,058		)	(6,803		)	—		(124,609		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	368			7,752			7,183			—		15,303
FOREIGN EXCHANGE EFFECTS ON CASH	(210		)	—			(2,054		)	—		(2,264		)
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	592			36,834			24,937			—		62,363
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	750		$	44,586		$	30,066		$	—	$	75,402