XML 97 R53.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions (Tables)
12 Months Ended
Mar. 31, 2017
Equity Method Investees  
Related Party Transaction [Line Items]  
Transactions with Equity Method Investees
In the ordinary course of business, we are involved in related party transactions with equity method investees. These related party transactions primarily relate to the licensing and distribution of the Company's films and television programs, for which the impact on the Company's consolidated balance sheets and consolidated statements of income is as follows (see Note 2 and Note 6):
 
 
March 31,
 
 
 
 
2017
 
2016
 
 
 
 
(Amounts in millions)
 
 
Consolidated Balance Sheets
 
 
 
 
 
 
Accounts receivable(1)
 
$
17.9

 
$
14.1

 
 
Other assets, noncurrent(1)
 
2.8

 
0.5

 
 
Total due from related parties
 
$
20.7

 
$
14.6

 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities(2)
 
$
2.5

 
$
4.0

 
 
Participations and residuals, current(3)
 
6.4

 
7.1

 
 
Participations and residuals, noncurrent(3)
 
4.9

 
4.6

 
 
Deferred revenue, current(4)
 
4.5

 
43.4

 
 
Deferred revenue, noncurrent(4)
 
18.8

 
20.1

 
 
Total due to related parties
 
$
37.1

 
$
79.2

 
 
 
 
 
 
 
 
 
 
 
Year Ended March 31,
 
 
2017
 
2016
 
2015
 
 
(Amounts in millions)
Consolidated Statements of Income
 
 
 
 
 
 
Revenues(1)
 
$
88.8

 
$
47.7

 
$
59.8

Direct operating expense(3)
 
$
10.5

 
$
12.3

 
$
13.9

Distribution and marketing expenses(5)
 
$
0.8

 
$
1.2

 
$
0.8

__________________________________
(1)Represents primarily revenues and accounts receivable from EPIX and Pop from the licensing of films and television programs.
(2)Represents accrued capital contributions to Pop.
(3)Represents participation expense and participations payable associated with the distribution of certain theatrical titles for Roadside Attractions and Pantelion Films.
(4)Represents deferred revenue from licensing arrangements discussed in footnote 1 above for EPIX and Pop.
(5)Represents distribution fees incurred related to Roadside Attractions in connection with the theatrical release of certain films.