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

12 Months Ended

Mar. 31, 2015

Convertible Senior Subordinated Notes [Member]

Consolidated Financial Information - Balance Sheet

	As of
	March 31, 2015
	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	$	3,499	$	47,290		$	51,908	$	—		$	102,697
Restricted cash	—		2,508			—		—			2,508
Accounts receivable, net	617		7,933			883,330		—			891,880
Investment in films and television programs, net	—		6,402			1,375,427		—			1,381,829
Property and equipment, net	—		24,938			1,713		—			26,651
Investments	40,072		9,229			388,997		—			438,298
Goodwill	10,172		—			313,156		—			323,328
Other assets	8,109		61,409			11,180		(5,914		)	74,784
Deferred tax assets	10,524		32,252			7,338		—			50,114
Subsidiary investments and advances	1,385,522		1,378,571			2,571,801		(5,335,894		)	—
	$	1,458,515	$	1,570,532		$	5,604,850	$	(5,341,808	)	$	3,292,089
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	—	$	—		$	—	$	—		$	—
5.25% Senior Notes	225,000		—			—		—			225,000
Term Loan	375,000		—			—		—			375,000
Accounts payable and accrued liabilities	16,228		86,472			229,773		—			332,473
Participations and residuals	—		3,417			468,244		—			471,661
Film obligations and production loans	—		—			656,755		—			656,755
Convertible senior subordinated notes	—		114,126			—		—			114,126
Deferred revenue	—		7,722			267,065		—			274,787
Intercompany payable	—		1,530,299			2,547,928		(4,078,227		)	—
Shareholders’ equity (deficiency)	842,287		(171,504		)	1,435,085		(1,263,581		)	842,287
	$	1,458,515	$	1,570,532		$	5,604,850	$	(5,341,808	)	$	3,292,089

	As of
	March 31, 2014
	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	$	8,128		$	5,999		$	11,565	$	—		$	25,692
Restricted cash	—			8,925			—		—			8,925
Accounts receivable, net	688			2,514			882,369		—			885,571
Investment in films and television programs, net	(18		)	6,394			1,266,703		1,494			1,274,573
Property and equipment, net	—			14,185			367		—			14,552
Investments	—			3,668			178,273		—			181,941
Goodwill	10,172			—			313,156		—			323,328
Other assets	4,113			67,612			5,682		(6,340		)	71,067
Deferred tax assets	8,417			48,125			9,441		—			65,983
Subsidiary investments and advances	1,118,356			1,065,274			1,532,068		(3,715,698		)	—
	$	1,149,856		$	1,222,696		$	4,199,624	$	(3,720,544	)	$	2,851,632
Liabilities and Shareholders’ Equity (Deficiency)
Senior revolving credit facility	$	97,619		$	—		$	—	$	—		$	97,619
5.25% Senior Notes	225,000			—			—		—			225,000
Term Loan	222,753			—			—		—			222,753
Accounts payable and accrued liabilities	19,946			73,045			239,466		—			332,457
Participations and residuals	—			3,417			465,973		—			469,390
Film obligations and production loans	—			—			499,787		—			499,787
Convertible senior subordinated notes	—			131,788			—		—			131,788
Deferred revenue	—			11,689			276,611		—			288,300
Intercompany payables	—			1,232,310			1,480,259		(2,712,569		)	—
Shareholders’ equity (deficiency)	584,538			(229,553		)	1,237,528		(1,007,975		)	584,538
	$	1,149,856		$	1,222,696		$	4,199,624	$	(3,720,544	)	$	2,851,632

Consolidated Financial Information - Statement of Income

	Year Ended
	March 31, 2015
	Lions Gate Entertainment Corp.			Lions Gate Entertainment Inc.			Non-guarantor Subsidiaries			Consolidating Adjustments			Lions Gate Consolidated
				(Amounts in thousands)
STATEMENT OF INCOME
Revenues	$	—		$	29,631		$	2,370,730		$	(721	)	$	2,399,640
EXPENSES:
Direct operating	—			6,909			1,308,866			—			1,315,775
Distribution and marketing	—			1,243			590,248			—			591,491
General and administration	11,325			159,908			92,754			(480		)	263,507
Depreciation and amortization	—			4,048			2,538			—			6,586
Total expenses	11,325			172,108			1,994,406			(480		)	2,177,359
OPERATING INCOME (LOSS)	(11,325		)	(142,477		)	376,324			(241		)	222,281
Other expenses (income):
Interest expense	33,830			188,789			134,054			(304,197		)	52,476
Interest and other income	(172,520		)	(2,881		)	(131,112		)	303,723			(2,790		)
Loss on extinguishment of debt	6,739			4,925			—			—			11,664
Total other expenses (income)	(131,951		)	190,833			2,942			(474		)	61,350
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	120,626			(333,310		)	373,382			233			160,931
Equity interests income (loss)	59,327			402,959			52,988			(462,797		)	52,477
INCOME (LOSS) BEFORE INCOME TAXES	179,953			69,649			426,370			(462,564		)	213,408
Income tax provision (benefit)	(1,828		)	10,322			63,447			(40,314		)	31,627
NET INCOME (LOSS)	181,781			59,327			362,923			(422,250		)	181,781
Foreign currency translation adjustments	(844		)	(3,554		)	(1,902		)	(91		)	(6,391		)
Net unrealized gain on available-for-sale securities, net of tax	—			—			2,705			—			2,705
Net unrealized gain on foreign exchange contracts, net of tax	—			—			2,842			—			2,842
COMPREHENSIVE INCOME (LOSS)	$	180,937		$	55,773		$	366,568		$	(422,341	)	$	180,937

	Year Ended
	March 31, 2014
	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		$	26,113		$	2,606,551		$	(9,158	)	$	2,630,254
EXPENSES:
Direct operating	(254		)	(3,331		)	1,372,199			767			1,369,381
Distribution and marketing	2			3,058			736,401			—			739,461
General and administration	9,968			163,110			82,309			(462		)	254,925
Depreciation and amortization	—			2,218			4,321			—			6,539
Total expenses	9,716			165,055			2,195,230			305			2,370,306
OPERATING INCOME (LOSS)	(2,968		)	(138,942		)	411,321			(9,463		)	259,948
Other expenses (income):
Interest expense	18,718			111,956			43,349			(107,853		)	66,170
Interest and other income	(69,552		)	(3,945		)	(40,027		)	107,494			(6,030		)
Loss on extinguishment of debt	2,600			36,972			—			—			39,572
Total other expenses (income)	(48,234		)	144,983			3,322			(359		)	99,712
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	45,266			(283,925		)	407,999			(9,104		)	160,236
Equity interests income (loss)	98,244			403,443			29,467			(506,430		)	24,724
INCOME (LOSS) BEFORE INCOME TAXES	143,510			119,518			437,466			(515,534		)	184,960
Income tax provision	(8,527		)	21,274			78,086			(57,910		)	32,923
NET INCOME (LOSS)	152,037			98,244			359,380			(457,624		)	152,037
Foreign currency translation adjustments	5,102			1,665			26,348			(28,821		)	4,294
Net unrealized gain (loss) on foreign exchange contracts	—			(661		)	1,469			—			808
COMPREHENSIVE INCOME (LOSS)	$	157,139		$	99,248		$	387,197		$	(486,445	)	$	157,139

	Year Ended
	March 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	$	—		$	21,760		$	2,686,381		$	—		$	2,708,141
EXPENSES:
Direct operating	—			2,300			1,388,269			—			1,390,569
Distribution and marketing	(1		)	2,223			815,640			—			817,862
General and administration	1,524			136,109			81,302			(594		)	218,341
Depreciation and amortization	—			1,969			6,321			—			8,290
Total expenses	1,523			142,601			2,291,532			(594		)	2,435,062
OPERATING INCOME (LOSS)	(1,523		)	(120,841		)	394,849			594			273,079
Other expenses (income):
Interest expense	—			74,554			19,958			(932		)	93,580
Interest and other income	(9		)	(3,493		)	(1,466		)	932			(4,036		)
Loss on extinguishment of debt	—			983			23,106			—			24,089
Total other expenses (income)	(9		)	72,044			41,598			—			113,633
INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES	(1,514		)	(192,885		)	353,251			594			159,446
Equity interests income (loss)	233,641			358,631			251			(595,598		)	(3,075		)
INCOME (LOSS) BEFORE INCOME TAXES	232,127			165,746			353,502			(595,004		)	156,371
Income tax provision	—			(67,895		)	(7,861		)	—			(75,756		)
NET INCOME (LOSS)	232,127			233,641			361,363			(595,004		)	232,127
Foreign currency translation adjustments	(2,766		)	(9,247		)	23,790			(15,039		)	(3,262		)
Net unrealized gain on foreign exchange contracts	—			—			496			—			496
COMPREHENSIVE INCOME (LOSS)	$	229,361		$	224,394		$	385,649		$	(610,043	)	$	229,361

Consolidated Financial Information - Statement of Cash Flows

	Year Ended
	March 31, 2014
	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	$	(512,508	)	$	727,357		$	37,663		$	—	$	252,512
INVESTING ACTIVITIES:
Proceeds from the sale of equity method investees	—			—			9,000			—		9,000
Investment in equity method investees	—			(750		)	(16,500		)	—		(17,250		)
Distributions 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	—			(8,384		)	(415		)	—		(8,799		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	—			(9,134		)	529			—		(8,605		)
FINANCING ACTIVITIES:
Senior revolving credit facility - borrowings	409,120			463,100			—			—		872,220
Senior revolving credit facility - repayments	(311,501		)	(801,574		)	—			—		(1,113,075		)
Term Loan and 5.25% Senior Notes - borrowings, net of deferred financing costs of $6,860	440,640			—			—			—		440,640
10.25% Senior Notes - repurchases and redemptions	—			(470,584		)	—			—		(470,584		)
Convertible senior subordinated notes - borrowings	—			60,000			—			—		60,000
Production loans - borrowings	—			—			532,416			—		532,416
Production loans - repayments	—			—			(517,874		)	—		(517,874		)
Pennsylvania Regional Center credit facility - repayments	—			—			(65,000		)	—		(65,000		)
Dividends paid	(6,900		)	—			—			—		(6,900		)
Exercise of stock options	11,972			—			—			—		11,972
Tax withholding required on equity awards	(23,077		)	—			—			—		(23,077		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	520,254			(749,058		)	(50,458		)	—		(279,262		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	7,746			(30,835		)	(12,266		)	—		(35,355		)
FOREIGN EXCHANGE EFFECTS ON CASH	(210		)	—			(1,106		)	—		(1,316		)
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	592			36,834			24,937			—		62,363
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	8,128		$	5,999		$	11,565		$	—	$	25,692

	Year Ended
	March 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	$	13,167		$	(173,540	)	$	436,492		$	—	$	276,119
INVESTING ACTIVITIES:
Investment in equity method investees	—			—			(1,530		)	—		(1,530		)
Purchases of other investments	—			—			(2,022		)	—		(2,022		)
Proceeds from the sale of other investments	—			—			6,354			—		6,354
Repayment of loans receivable	—			—			4,274			—		4,274
Purchases of property and equipment	—			(2,114		)	(467		)	—		(2,581		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	—			(2,114		)	6,609			—		4,495
FINANCING ACTIVITIES:
Senior revolving credit facility - borrowings, net of deferred financing costs of $15,804	—			1,144,620			—			—		1,144,620
Senior revolving credit facility - repayments	—			(921,700		)	—			—		(921,700		)
Term Loan - repayments	—			—			(484,664		)	—		(484,664		)
10.25% Senior Notes - consent fee	—			(3,270		)	—			—		(3,270		)
Convertible senior subordinated notes - repurchases	—			(7,639		)	—			—		(7,639		)
Production loans - borrowings	—			—			378,510			—		378,510
Production loans - repayments	—			—			(371,069		)	—		(371,069		)
Pennsylvania Regional Center credit facility - repayments	—			—			(500		)	—		(500		)
Exercise of stock options	2,897			—			—			—		2,897
Tax withholding required on equity awards	(15,995		)	—			—			—		(15,995		)
Other financing obligations - repayments	—			—			(3,710		)	—		(3,710		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(13,098		)	212,011			(481,433		)	—		(282,520		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	69			36,357			(38,332		)	—		(1,906		)
FOREIGN EXCHANGE EFFECTS ON CASH	(38		)	—			9			—		(29		)
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	561			477			63,260			—		64,298
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	592		$	36,834		$	24,937		$	—	$	62,363

	Year Ended
	March 31, 2015
	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	$	171,222		$	62,901		$	(137,614	)	$	—	$	96,509
INVESTING ACTIVITIES:
Proceeds from the sale of equity method investees	—			—			14,575			—		14,575
Investment in equity method investees	—			(4,655		)	(18,075		)	—		(22,730		)
Purchases of other investments	(28,000		)	(2,000		)	—			—		(30,000		)
Purchases of property and equipment	—			(14,939		)	(2,074		)	—		(17,013		)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES	(28,000		)	(21,594		)	(5,574		)	—		(55,168		)
FINANCING ACTIVITIES:
Senior revolving credit facility - borrowings	778,500			—			—			—		778,500
Senior revolving credit facility - repayments	(876,119		)	—			—			—		(876,119		)
Term Loan - borrowings, net of deferred financing costs of $4,315	370,685			—			—			—		370,685
Term Loan - repayments	(229,500		)	—			—			—		(229,500		)
Convertible senior subordinated notes - repurchases	—			(16		)	—			—		(16		)
Production loans - borrowings	—			—			631,709			—		631,709
Production loans - repayments	—			—			(449,648		)	—		(449,648		)
Repurchase of common shares	(144,840		)	—			—			—		(144,840		)
Dividends paid	(33,353		)	—			—			—		(33,353		)
Exercise of stock options	6,839			—			—			—		6,839
Tax withholding required on equity awards	(20,062		)	—			—			—		(20,062		)
NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES	(147,850		)	(16		)	182,061			—		34,195
NET CHANGE IN CASH AND CASH EQUIVALENTS	(4,628		)	41,291			38,873			—		75,536
FOREIGN EXCHANGE EFFECTS ON CASH	(1		)	—			1,470			—		1,469
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD	8,128			5,999			11,565			—		25,692
CASH AND CASH EQUIVALENTS — END OF PERIOD	$	3,499		$	47,290		$	51,908		$	—	$	102,697