Lions Gate Entertainment (LGF-A) 10-Q 4 Feb 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Dec. 31, 2015	Feb. 01, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	LIONS GATE ENTERTAINMENT CORP /CN/
Entity Central Index Key	929,351
Document Type	10-Q
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--03-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		149,990,683

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
ASSETS
Cash and cash equivalents	$ 88,292	$ 102,697
Restricted cash	2,650	2,508
Accounts receivable, net of reserves for returns and allowances of $52,613 (March 31, 2015 - $64,362) and provision for doubtful accounts of $5,245 (March 31, 2015 - $4,120)	943,998	891,880
Investment in films and television programs, net	1,561,968	1,381,829
Property and equipment, net	41,914	26,651
Investments	475,109	438,298
Goodwill	534,143	323,328
Other assets	84,822	74,784
Deferred tax assets	105,503	50,114
Total assets	3,838,399	3,292,089
LIABILITIES
Senior revolving credit facility	0	0
5.25% Senior Notes	225,000	225,000
Term Loan	400,000	375,000
Accounts payable and accrued liabilities	327,828	332,473
Participations and residuals	549,985	471,661
Film obligations and production loans	895,558	656,755
Convertible senior subordinated notes	99,508	114,126
Deferred revenue	295,971	274,787
Total liabilities	$ 2,793,850	$ 2,449,802
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest	$ 89,175	$ 0
SHAREHOLDERS' EQUITY
Common shares, no par value, 500,000,000 shares authorized, 150,252,445 shares issued (March 31, 2015 - 145,532,978 shares)	951,360	830,786
Retained earnings	7,673	13,720
Accumulated other comprehensive loss	(3,659)	(2,219)
Total shareholders' equity	955,374	842,287
Total liabilities and shareholders' equity	$ 3,838,399	$ 3,292,089

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Reserve for returns and allowances on accounts receivable	$ 52,613	$ 64,362
Provision for doubtful accounts on accounts receivable	$ 5,245	$ 4,120
Common stock, no par value
Authorized common shares	500,000,000	500,000,000
Common stock, shares issued	150,252,445	145,532,978
5.25% Senior Notes | Senior Secured Second-Priority Notes
Coupon rate	5.25%	5.25%

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenues	$ 670,522	$ 751,299	$ 1,556,222	$ 1,753,558
Expenses:
Direct operating	404,068	400,576	927,188	945,840
Distribution and marketing	203,121	171,439	428,185	421,637
General and administration	70,083	61,407	198,372	186,975
Depreciation and amortization	2,970	1,708	7,320	4,685
Total expenses	680,242	635,130	1,561,065	1,559,137
Operating income (loss)	(9,720)	116,169	(4,843)	194,421
Interest expense
Cash interest	11,833	10,567	32,561	29,546
Amortization of debt discount and deferred financing costs	2,336	2,984	6,863	10,048
Total interest expense	14,169	13,551	39,424	39,594
Interest and other income	(521)	(623)	(1,676)	(2,188)
Loss on extinguishment of debt	0	690	0	1,276
Total other expenses, net	13,648	13,618	37,748	38,682
Income (loss) before equity interests and income taxes	(23,368)	102,551	(42,591)	155,739
Equity interests income	10,826	10,898	29,363	37,353
Income (loss) before income taxes	(12,542)	113,449	(13,228)	193,092
Income tax provision (benefit)	(45,140)	15,264	(44,441)	30,865
Net income	32,598	98,185	31,213	162,227
Less: Net loss attributable to noncontrolling interest	8,119	0	8,119	0
Net income attributable to Lions Gate Entertainment Corp. shareholders	$ 40,717	$ 98,185	$ 39,332	$ 162,227
Per share information attributable to Lions Gate Entertainment Corp. shareholders:
Basic net income per common share (in usd per share)	$ 0.27	$ 0.70	$ 0.26	$ 1.17
Diluted net income per common share (in usd per share)	$ 0.26	$ 0.65	$ 0.26	$ 1.10
Weighted average number of common shares outstanding:
Basic (in shares)	149,480	139,963	148,484	138,618
Diluted (in shares)	159,412	151,713	154,412	151,716
Dividends declared per common share (in usd per share)	$ 0.09	$ 0.07	$ 0.25	$ 0.19

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 32,598	$ 98,185	$ 31,213	$ 162,227
Foreign currency translation adjustments, net of tax	(1,407)	(2,373)	586	(4,166)
Net unrealized loss on available-for-sale securities, net of tax of $2,351 and $557 in the three and nine months ended December 31, 2015, respectively	(15,730)	0	(3,728)	0
Net unrealized gain (loss) on foreign exchange contracts, net of tax	(1,292)	277	1,702	693
Comprehensive income	14,169	96,089	29,773	158,754
Less: Comprehensive loss attributable to noncontrolling interest	8,119	0	8,119	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders	$ 22,288	$ 96,089	$ 37,892	$ 158,754

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Other comprehensive income (loss), available-for-sale securities, tax benefit	$ (2,351)	$ (557)

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statement of Shareholders' Equity - 9 months ended Dec. 31, 2015 - USD ($) $ in Thousands	Total	Common Shares	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance, shares at Mar. 31, 2015		145,532,978
Beginning balance at Mar. 31, 2015	$ 842,287	$ 830,786	$ 13,720	$ (2,219)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options, shares		397,183
Exercise of stock options	6,007	$ 6,007
Share-based compensation, net of withholding tax obligations of $22,278, shares		811,031
Share-based compensation, net of withholding tax obligations of $22,278	41,939	$ 41,939
Conversion of April 2009 3.625% Notes, shares		1,983,058
Conversion of April 2009 3.625% Notes	16,162	$ 16,162
Issuance of common shares to directors for services, shares		10,744
Issuance of common shares to directors for services	377	$ 377
Issuance of common shares related to Pilgrim Studios acquisition, shares		1,517,451
Issuance of common shares related to Pilgrim Studios acquisition	56,089	$ 56,089
Dividends declared	(37,260)		(37,260)
Net income attributable to Lions Gate Entertainment Corp. shareholders	39,332		39,332
Foreign currency translation adjustments, net of tax	586			586
Net unrealized loss on available-for-sale securities, net of tax	(3,728)			(3,728)
Net unrealized gain on foreign exchange contracts, net of tax	1,702			1,702
Noncontrolling interest adjustments to redemption value	(8,119)		(8,119)
Ending balance, shares at Dec. 31, 2015		150,252,445
Ending balance at Dec. 31, 2015	$ 955,374	$ 951,360	$ 7,673	$ (3,659)

Unaudited Condensed Consolidat8

Unaudited Condensed Consolidated Statement of Shareholders' Equity (Parenthetical) $ in Thousands	9 Months Ended
	Dec. 31, 2015USD ($)
Withholding tax obligations for share-based compensation	$ 22,278
Convertible Senior Subordinated Notes | April 2009 Notes
Coupon rate	3.625%

Unaudited Condensed Consolidat9

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating Activities:
Net income	$ 31,213	$ 162,227
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	7,320	4,685
Amortization of films and television programs	655,288	639,472
Amortization of debt discount and deferred financing costs	6,863	10,048
Non-cash share-based compensation	47,399	48,691
Other non-cash items	681	0
Distribution from equity method investee	0	7,788
Loss on extinguishment of debt	0	1,276
Equity interests income	(29,363)	(37,353)
Deferred income taxes	(54,733)	11,243
Changes in operating assets and liabilities:
Restricted cash	(142)	1,417
Accounts receivable, net	(36,663)	(94,803)
Investment in films and television programs	(771,255)	(815,469)
Other assets	(2,254)	(1,416)
Accounts payable and accrued liabilities	(8,018)	(52,700)
Participations and residuals	77,428	(6,070)
Film obligations	(30,176)	(33,953)
Deferred revenue	(4,139)	(8,124)
Net Cash Flows Used In Operating Activities	(110,551)	(163,041)
Investing Activities:
Proceeds from the sale of equity method investees	0	14,575
Investment in equity method investees	(3,954)	(14,750)
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)	(126,892)	0
Purchases of other investments	(750)	(2,000)
Purchases of property and equipment	(13,680)	(11,293)
Net Cash Flows Used In Investing Activities	(145,276)	(13,468)
Financing Activities:
Senior revolving credit facility - borrowings	238,000	681,500
Senior revolving credit facility - repayments	(238,000)	(618,619)
Term Loan - borrowings, net of deferred financing costs of $964	24,036	0
Convertible senior subordinated notes - repurchases	(5)	(16)
Production loans - borrowings	509,569	533,781
Production loans - repayments	(240,565)	(261,868)
Repurchase of common shares	0	(129,859)
Dividends paid	(33,927)	(23,536)
Excess tax benefits on equity-based compensation awards	0	6,767
Exercise of stock options	6,007	4,404
Tax withholding required on equity awards	(22,871)	(14,939)
Net Cash Flows Provided By Financing Activities	242,244	177,615
Net Change In Cash And Cash Equivalents	(13,583)	1,106
Foreign Exchange Effects on Cash	(822)	2,088
Cash and Cash Equivalents - Beginning Of Period	102,697	25,692
Cash and Cash Equivalents - End Of Period	$ 88,292	$ 28,886

Unaudited Condensed Consolida10

Unaudited Condensed Consolidated Statements of Cash Flows (Parenthetical) $ in Thousands	9 Months Ended
	Dec. 31, 2015USD ($)
Cash acquired from Pilgrim Studios acquisition	$ 15,816
Term Loan
Deferred financing costs	$ 964

General

General	9 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General Nature of Operations Lions Gate Entertainment Corp. (the “Company,” “Lionsgate,” "Lions Gate," “we,” “us” or “our”) is a premier next generation global content leader with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, channel platforms and international distribution and sales. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Lionsgate and all of its majority-owned and controlled subsidiaries. The unaudited condensed consolidated financial statements have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to quarterly report on Form 10-Q under the Securities Exchange Act of 1934, as amended, and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these unaudited condensed consolidated financial statements. Operating results for the three and nine months ended December 31, 2015 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2016 . The balance sheet at March 31, 2015 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read together with the consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2015 . Certain amounts presented in prior years have been reclassified to conform to the current year’s presentation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to ultimate revenue and costs for investment in films and television programs; estimates of sales returns and other allowances and provisions for doubtful accounts; fair value of equity-based compensation; fair value of assets and liabilities for allocation of the purchase price of companies acquired; income taxes; accruals for contingent liabilities; and impairment assessments for investment in films and television programs, property and equipment, equity investments, goodwill and intangible assets. Actual results could differ from such estimates. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued an accounting standard update relating to the recognition of revenue from contracts with customers, which will supersede most current U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. The new revenue recognition standard provides a five-step analysis of transactions to determine when and how revenue is recognized. Based on the current guidance, the new framework will become effective on either a full or modified retrospective basis for the Company on April 1, 2018. The Company is currently evaluating the impact that the adoption of this new guidance will have on its consolidated financial statements. In April 2015, the FASB issued an accounting standards update relating to the presentation of debt issuance costs. The accounting update requires companies to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than as an asset. The guidance is effective for the Company's fiscal year beginning April 1, 2016, with early adoption permitted. The Company plans to adopt the new guidance effective April 1, 2016. The adoption of this guidance is not expected to have a material impact on the Company's consolidated financial statements. In September 2015, the FASB issued new guidance on adjustments to provisional amounts recognized in a business combination, which are currently recognized on a retrospective basis. Under the new requirements, adjustments will be recognized in the reporting period in which the adjustments are determined. The effects of changes in depreciation, amortization, or other income arising from changes to the provisional amounts, if any, are included in earnings of the reporting period in which the adjustments to the provisional amounts are determined. An entity is also required to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The guidance is effective for the Company's fiscal year beginning April 1, 2016, with early adoption permitted, and is required to be implemented on a prospective basis. The Company adopted the new guidance effective October 1, 2015 and it did not have an impact on the Company's consolidated financial statements.

Investment In Films And Televis

Investment In Films And Television Programs	9 Months Ended
	Dec. 31, 2015
Investment In Films And Television Programs [Abstract]
Investment In Films And Television Programs	Investment in Films and Television Programs December 31, March 31, (Amounts in thousands) Motion Pictures Segment - Theatrical and Non-Theatrical Films Released, net of accumulated amortization $ 526,903 $ 507,628 Acquired libraries, net of accumulated amortization 5,134 9,357 Completed and not released 21,835 76,968 In progress 583,493 478,879 In development 33,644 21,054 Product inventory 19,210 23,023 1,190,219 1,116,909 Television Production Segment - Direct-to-Television Programs Released, net of accumulated amortization 208,322 231,470 In progress 158,270 28,585 In development 5,157 4,865 371,749 264,920 $ 1,561,968 $ 1,381,829 The Company expects approximately 49% of completed films and television programs, net of accumulated amortization, will be amortized during the one-year period ending December 31, 2016 . Additionally, the Company expects approximately 81% of completed and released films and television programs, net of accumulated amortization and excluding acquired libraries, will be amortized during the three-year period ending December 31, 2018 . During the three and nine months ended December 31, 2015 and 2014, the Company performed fair value measurements related to certain films. In determining the fair value of its films, the Company employs a discounted cash flows ("DCF") methodology that includes cash flow estimates of a film’s ultimate revenue and costs as well as a discount rate. The discount rate utilized in the DCF analysis is based on the Company’s weighted average cost of capital plus a risk premium representing the risk associated with producing a particular film. As the primary determination of fair value is determined using a DCF model, the resulting fair value is considered a Level 3 measurement (see Note 8). During the three and nine months ended December 31, 2015, the Company recorded $3.1 million and $11.6 million , respectively, of fair value film write-downs, as compared to $13.5 million and $16.9 million of fair value film write-downs recorded during the three and nine months ended December 31, 2014.

Investments

Investments	9 Months Ended
	Dec. 31, 2015
Equity Method Investments, Cost Method Investments, and Investments in Debt and Equity [Abstract]
Investments	Investments The carrying amounts of investments, by category, at December 31, 2015 and March 31, 2015 were as follows: December 31, March 31, (Amounts in thousands) Equity method investments $ 274,548 $ 234,202 Available-for-sale securities 157,739 162,024 Cost method investments 42,822 42,072 $ 475,109 $ 438,298 Equity Method Investments: The carrying amounts of equity method investments at December 31, 2015 and March 31, 2015 were as follows: December 31, Equity Method Investee Ownership Percentage December 31, March 31, (Amounts in thousands) EPIX 31.2% $ 153,745 $ 119,688 Pop 50.0% 93,085 91,683 Other (1) Various 27,718 22,831 $ 274,548 $ 234,202 Equity interests in equity method investments for the three and nine months ended December 31, 2015 and 2014 were as follows (income (loss)): Three Months Ended Nine Months Ended December 31, December 31, Equity Method Investee 2015 2014 2015 2014 (Amounts in thousands) EPIX $ 12,826 $ 11,214 $ 34,055 $ 27,446 Pop (63 ) (1,115 ) 602 (4,663 ) Other (1) (1,937 ) 799 (5,294 ) 14,570 $ 10,826 $ 10,898 $ 29,363 $ 37,353 _________________________ (1) The Company records its share of the net income or loss of other equity method investments on a one quarter lag. Equity interest income from other equity method investments for the nine months ended December 31, 2014 includes a gain on sale of the Company's investment in FEARnet of $11.4 million . EPIX . In April 2008, the Company formed a joint venture with Viacom, its Paramount Pictures unit and Metro-Goldwyn-Mayer Studios to create a premium television channel and subscription video-on-demand service named “EPIX”. The Company invested $80.4 million through September 30, 2010, and no additional amounts have been funded since. During the three and nine months ended December 31, 2014 , the Company received distributions from EPIX of nil and $7.8 million , respectively. No distributions were made during the three and nine months ended December 31, 2015 . Since the Company's original investment in April 2008, the Company has received distributions from EPIX of $28.0 million . EPIX Financial Information: The following table presents summarized balance sheet data as of December 31, 2015 and March 31, 2015 for EPIX: December 31, March 31, (Amounts in thousands) Current assets $ 304,263 $ 285,819 Non-current assets $ 353,169 $ 277,888 Current liabilities $ 95,000 $ 121,451 Non-current liabilities $ 21,426 $ 6,753 The following table presents the summarized statements of income for the three and nine months ended December 31, 2015 and 2014 for EPIX and a reconciliation of the net income reported by EPIX to equity interest income recorded by the Company: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Revenues $ 98,381 $ 101,124 $ 314,974 $ 288,424 Expenses: Operating expenses 56,476 59,224 189,566 178,690 Selling, general and administrative expenses 5,932 5,863 18,067 17,503 Operating income 35,973 36,037 107,341 92,231 Interest and other expense (376 ) (399 ) (1,777 ) (1,130 ) Net income $ 35,597 $ 35,638 $ 105,564 $ 91,101 Reconciliation of net income reported by EPIX to equity interest income: Net income reported by EPIX $ 35,597 $ 35,638 $ 105,564 $ 91,101 Ownership interest in EPIX 31.15 % 31.15 % 31.15 % 31.15 % The Company's share of net income 11,088 11,101 32,883 28,378 Eliminations of the Company’s share of profits on licensing sales to EPIX (1) (240 ) (1,935 ) (5,941 ) (7,007 ) Realization of the Company’s share of profits on licensing sales to EPIX (2) 1,978 2,048 7,113 6,075 Total equity interest income recorded $ 12,826 $ 11,214 $ 34,055 $ 27,446 _________________________ (1) Represents the elimination of the gross profit recognized by the Company on licensing sales to EPIX in proportion to the Company's ownership interest in EPIX. (2) Represents the realization of a portion of the profits previously eliminated. This profit remains eliminated until realized by EPIX. EPIX initially records the license fee for the title as inventory on its balance sheet and amortizes the inventory over the license period. Accordingly, the profit is realized as the inventory on EPIX's books is amortized. Pop. The Company’s investment interest in Pop consists of an equity investment in its common stock units and mandatorily redeemable preferred stock units. The Company's partner in P op, CBS TVG Inc. ("CBS"), has a call option to purchase a portion of the Company's ownership interest in Pop at fair market value, which would result in CBS owning 80% of Pop, exercisable beginning March 26, 2018 for a period of 30 days . During the nine months ended December 31, 2015 , the Company made contributions to Pop of $0.8 million ( no contributions were made during the three months ended December 31, 2015). During the three and nine months ended December 31, 2014, the Company made contributions to Pop of nil and $10.5 million , respectively. The mandatorily redeemable preferred stock units carry a dividend rate of 10% compounded annually and are mandatorily redeemable in May 2019 at the stated value plus the dividend return and any additional capital contributions less previous distributions. The mandatorily redeemable preferred stock units were initially recorded based on their estimated fair value, as determined using an option pricing model. The mandatorily redeemable preferred stock units and the 10% dividend are being accreted up to their redemption amount over the ten -year period to the redemption date, which is recorded as income within equity interest. Pop Financial Information: The following table presents summarized balance sheet data as of December 31, 2015 and March 31, 2015 for Pop: December 31, March 31, (Amounts in thousands) Current assets $ 38,126 $ 32,815 Non-current assets $ 187,316 $ 187,985 Current liabilities $ 26,697 $ 26,048 Non-current liabilities $ 8,589 $ 7,196 Redeemable preferred stock $ 443,155 $ 399,247 The following table presents the summarized statements of operations for the three and nine months ended December 31, 2015 and 2014 for Pop and a reconciliation of the net loss reported by Pop to equity interest income (loss) recorded by the Company: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Revenues $ 22,481 $ 20,507 $ 63,872 $ 59,073 Expenses: Cost of services 10,880 8,645 28,171 26,938 Selling, marketing, and general and administration 9,940 11,934 28,540 34,527 Depreciation and amortization 1,940 1,928 5,829 5,866 Operating income (loss) (279 ) (2,000 ) 1,332 (8,258 ) Other expense — 6 — 391 Interest expense, net 120 160 334 551 Accretion of redeemable preferred stock units (1) 14,575 12,461 42,308 35,361 Total interest expense, net 14,695 12,627 42,642 36,303 Net loss $ (14,974 ) $ (14,627 ) $ (41,310 ) $ (44,561 ) Reconciliation of net loss reported by Pop to equity interest income (loss): Net loss reported by Pop $ (14,974 ) $ (14,627 ) $ (41,310 ) $ (44,561 ) Ownership interest in Pop 50 % 50 % 50 % 50 % The Company's share of net loss (7,487 ) (7,314 ) (20,655 ) (22,281 ) Accretion of dividend and interest income on redeemable preferred stock units (1) 7,287 6,231 21,154 17,681 Elimination of the Company's share of profits on licensing sales to Pop (424 ) — (774 ) (367 ) Realization of the Company’s share of profits on licensing sales to Pop 561 (32 ) 877 304 Total equity interest income (loss) recorded $ (63 ) $ (1,115 ) $ 602 $ (4,663 ) ___________________ (1) Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest income (loss). Other Equity Method Investments Defy Media . In June 2007, the Company acquired an interest in Break Media, a multi-platform digital media company and a leader in male-targeted content creation and distribution. In October 2013, Break Media merged with Alloy Digital, a multi-platform digital media company with a strong presence in the youth market, to create Defy Media. The Company's effective economic interest in Defy Media through its investment in Break Media and its direct investment in Defy Media is approximately 16.0% . The Company is accounting for its investment in Defy Media, a limited liability company, under the equity method of accounting due to the Company's board representation that provides significant influence over the investee. Roadside Attractions . Roadside Attractions is an independent theatrical distribution company. The Company owns a 43.0% interest in Roadside Attractions. Pantelion Films. Pantelion Films is a joint venture with Videocine, an affiliate of Televisa, which produces, acquires and distributes a slate of English and Spanish language feature films that target Hispanic moviegoers in the U.S. The Company owns a 49.0% interest in Pantelion Films. Atom Tickets. Atom Tickets is the first-of-its-kind theatrical mobile ticketing platform and app. The Company made initial investments totaling $4.3 million in Atom Tickets during the year ended March 31, 2015. In December 2015, the Company agreed to participate in an equity offering of Atom Tickets and funded $7.9 million in January 2016. The Company owns an interest of approximately 20.1% in Atom Tickets. The Company is accounting for its investment in Atom Tickets, a limited liability company, under the equity method of accounting due to the Company's board representation that provides significant influence over the investee. Tribeca Short List. Tribeca Short List is a subscription video-on-demand (SVOD) service. The Company made an initial investment of $2.1 million during the year ended March 31, 2015, and during the nine months ended December 31, 2015, the Company made capital contributions to Tribeca Short List of $2.4 million , net of cash acquired of $0.4 million (see below). The Company holds a 75.0% economic interest in Tribeca Short List. Through October 17, 2015, the power to direct the activities that most significantly impact the economic performance of Tribeca Short List was shared equally with Tribeca Enterprises, and accordingly through October 17, 2015, the Company's interest in Tribeca Short List was accounted for under the equity method of accounting. Subsequent to October 17, 2015, the terms of the arrangement increased the Company's power to control the board, and the Company now has the power to direct the activities that most significantly impact the economic performance of Tribeca Short List. Accordingly, the Company has consolidated Tribeca Short List beginning in the quarter ended December 31, 2015, with no gain or loss recognized upon consolidation since the carrying value of the net assets approximated the fair value. Available-for-Sale Securities: The cost basis, unrealized gains and fair market value of available-for-sale securities are set forth below: December 31, March 31, (Amounts in thousands) Cost basis $ 158,916 $ 158,916 Gross unrealized gain (loss) (1,177 ) 3,108 Fair value $ 157,739 $ 162,024 Starz. At December 31, 2015 and March 31, 2015 , available-for-sale securities consisted of the Company's minority interest in Starz. On March 27, 2015, pursuant to the terms of a stock exchange agreement entered into on February 10, 2015 (the "Exchange Agreement"), the Company exchanged 4,967,695 of its newly issued common shares for 2,118,038 shares of Series A common stock of Starz and 2,590,597 shares of Series B common stock of Starz held by certain affiliates of John C. Malone ("Dr. Malone") (the exchange transaction, the "Exchange"). The Exchange Agreement placed certain restrictions on the ability to transfer the shares issued by the Company. The Company classifies the Series A common stock of Starz within Level 1 of the fair value hierarchy as the valuation inputs are based on quoted prices in active markets (see Note 8). The Series B common stock of Starz are considered a Level 2 security because the quoted market prices are based on infrequent transactions. Therefore, the fair value of the Series B common stock, which is convertible, at the holder’s option, into Series A common stock of Starz is based on the quoted market price of the Series A common stock, which is an equivalent security other than for the voting rights. As of December 31, 2015 , the Company's investment in Starz was in an unrealized loss position, however due to the fluctuation of the security's market price in an active market and the short-term duration of the unrealized loss, the Company has the intent and ability to hold the securities until the fair value recovers. As of February 3, 2016, the fair value of the Company's minority interest in Starz was $137.4 million , compared to the Company's original cost basis of $158.9 million . Cost Method Investments: Telltale. Telltale Games ("Telltale") is a creator, developer and publisher of interactive software episodic games based upon popular stories and characters across all major gaming and entertainment platforms. In February 2015, the Company invested $40.0 million in Telltale, which consisted of a cash investment in Telltale of $28.0 million in exchange for 2,628,072 of Telltale's Series D Convertible Preferred Stock, and 361,229 newly issued common shares of the Company with a fair value of approximately $12.0 million in exchange for approximately 1,126,316 existing common shares of Telltale, representing in the aggregate an approximately 14% economic interest in Telltale. Next Games. Next Games is a mobile games development company headquartered in Helsinki, Finland, with a focus on crafting visually impressive, highly engaging games. In July 2014, the Company invested $2.0 million in Next Games for a small minority ownership interest, and during the three months ended December 31, 2015, the Company invested an additional $0.2 million in Next Games.

Other Assets

Other Assets	9 Months Ended
	Dec. 31, 2015
Other Assets, Unclassified [Abstract]
Other Assets	Other Assets The composition of the Company’s other assets is as follows as of December 31, 2015 and March 31, 2015 : December 31, March 31, (Amounts in thousands) Deferred financing costs, net of accumulated amortization $ 23,170 $ 28,060 Prepaid expenses and other 49,826 45,537 Finite-lived intangible assets 11,826 1,187 $ 84,822 $ 74,784 Deferred Financing Costs . Deferred financing costs primarily include costs incurred in connection with the Company's various debt issuances (see Note 5). Prepaid Expenses and Other . Prepaid expenses and other primarily include prepaid expenses, security deposits, and other assets. Finite-lived Intangible Assets. Finite-lived intangibles consist primarily of noncompete agreements, trademarks and trade names, and sales agency relationships. The composition of the Company's finite-lived intangible assets and the associated accumulated amortization is as follows as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (Amounts in thousands) Finite-lived intangible assets: Noncompete agreements $ 9,300 $ 158 $ 9,142 $ — $ — $ — Trademarks and trade names 9,100 6,653 2,447 6,600 5,913 687 Sales agency relationships 6,200 5,963 237 6,200 5,700 500 $ 24,600 $ 12,774 $ 11,826 $ 12,800 $ 11,613 $ 1,187 The increase in the carrying value of finite-lived intangible assets from March 31, 2015 was primarily due to the November 12, 2015 acquisition of Pilgrim Studios (see Note 9). Amortization expense associated with the Company's intangible assets for the three and nine months ended December 31, 2015 was approximately $0.8 million and $1.6 million , respectively (2014 - $0.5 million and $1.4 million , respectively). Amortization expense remaining relating to intangible assets for each of the years ending March 31, 2016 through 2020 is estimated to be approximately $0.6 million , $1.6 million , $1.2 million , $1.2 million , and $1.2 million , respectively.

Corporate Debt

Corporate Debt	9 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Corporate Debt	Corporate Debt The total carrying values of corporate debt of the Company, excluding film obligations and production loans, were as follows as of December 31, 2015 and March 31, 2015 : December 31, March 31, (Amounts in thousands) Senior revolving credit facility $ — $ — 5.25% Senior Notes 225,000 225,000 Term Loan Due 2022 400,000 375,000 Convertible senior subordinated notes, net of unamortized discount of $2,342 (March 31, 2015 - $3,891) 99,508 114,126 $ 724,508 $ 714,126 The following table sets forth future annual contractual principal payment commitments of corporate debt as of December 31, 2015 : Conversion Price Per Share at December 31, 2015 Maturity Date Year Ended March 31, Debt Type 2016 2017 2018 2019 2020 Thereafter Total (Amounts in thousands) Senior revolving credit facility N/A September 2017 $ — $ — $ — $ — $ — $ — $ — 5.25% Senior Notes N/A August 2018 — — — 225,000 — — 225,000 Term Loan Due 2022 N/A March 2022 — — — — — 400,000 400,000 Principal amounts of convertible senior subordinated notes: January 2012 4.00% Notes $10.30 January 2017 — 41,850 — — — — 41,850 April 2013 1.25% Notes $29.44 April 2018 — — — 60,000 — — 60,000 $ — $ 41,850 $ — $ 285,000 $ — $ 400,000 726,850 Less aggregate unamortized discount (2,342 ) $ 724,508 Senior Revolving Credit Facility Availability of Funds. The senior revolving credit facility provides for borrowings and letters of credit up to an aggregate of $800.0 million , and at December 31, 2015 there was $800.0 million available ( March 31, 2015 — $800.0 million ). The availability of funds is limited by a borrowing base and also reduced by outstanding letters of credit, if any. There were no letters of credit outstanding at December 31, 2015 ( March 31, 2015 — none ). Maturity Date. September 27, 2017. Interest. Interest is payable at an alternative base rate, as defined, plus 1.5% , or LIBOR plus 2.5% , as designated by the Company. Commitment Fee. The Company is required to pay a quarterly commitment fee of 0.375% to 0.5% per annum, depending on the average balance of borrowings outstanding during the period, on the total senior revolving credit facility of $800 million less the amount drawn. Security. Obligations are secured by collateral (as defined in the credit agreement) granted by the Company and certain subsidiaries of the Company, as well as a pledge of equity interests in certain of the Company’s subsidiaries. Covenants. The senior revolving credit facility contains a number of covenants that, among other things, require the Company to satisfy certain financial covenants and restrict the ability of the Company to incur additional debt, pay dividends, make certain investments and acquisitions, repurchase its stock, prepay certain indebtedness, create liens, enter into agreements with affiliates, modify the nature of its business, enter into sale-leaseback transactions, transfer and sell material assets and merge or consolidate. As of December 31, 2015 , the Company was in compliance with all applicable covenants. Change in Control. The Company may also be subject to an event of default upon a change in control (as defined in the credit agreement) which, among other things, includes a person or group acquiring ownership or control in excess of 50% of the Company’s common shares. 5.25% Senior Notes Issuance Date. On July 19, 2013, Lions Gate Entertainment Corp. issued $225.0 million aggregate principal amount of 5.25% Senior Secured Second-Priority Notes (the " 5.25% Senior Notes"). Interest. Interest is payable semi-annually on February 1 and August 1 of each year at a rate of 5.25% per year, and commenced on February 1, 2014. Maturity Date. August 1, 2018. Covenants. The 5.25% Senior Notes contain certain restrictions and covenants that, subject to certain exceptions, limit the Company’s ability to incur additional indebtedness, pay dividends or repurchase the Company’s common shares, make certain loans or investments, and sell or otherwise dispose of certain assets subject to certain conditions, among other limitations. As of December 31, 2015 , the Company was in compliance with all applicable covenants. Term Loan Due 2022 Issuance Date. On March 17, 2015, Lions Gate Entertainment Corp. entered into a second lien credit and guarantee agreement (the "Credit Agreement"), and pursuant to the Credit Agreement, borrowed a term loan in an aggregate amount of $375.0 million (the "Term Loan Due 2022"). In May 2015, Lions Gate Entertainment Corp. amended the Credit Agreement governing its Term Loan Due 2022, and pursuant to the amended Credit Agreement, borrowed an additional term loan in an aggregate amount of $25.0 million . Contemporaneously with the issuance of the Term Loan Due 2022 (which carries a fixed interest rate of 5.00% ), the Company used a portion of the proceeds to redeem its $225.0 million principal amount term loan (the "Term Loan Due 2020") (which carried a variable interest rate of LIBOR, subject to a 1.00% floor, plus 4.00% ). Interest. Interest on the Term Loan Due 2022 is payable on the last business day of each April, July, October and January at a rate of 5.00% per year. Maturity Date. The Term Loan Due 2022 matures on March 17, 2022. Covenants. Substantially similar to the 5.25% Senior Notes discussed above. As of December 31, 2015 , the Company was in compliance with all applicable covenants. Convertible Senior Subordinated Notes Outstanding Amount and Terms. The following table sets forth the convertible senior subordinated notes outstanding and certain key terms of these notes at December 31, 2015 and March 31, 2015 : Maturity Date Conversion Price Per Share at December 31, 2015 December 31, 2015 March 31, 2015 Convertible Senior Subordinated Notes Principal Unamortized Discount Net Carrying Amount Principal Unamortized Discount Net Carrying Amount (Amounts in thousands) April 2009 3.625% Notes (1) N/A N/A $ — $ — $ — $ 16,167 $ — $ 16,167 January 2012 4.00% Notes January 11, 2017 $10.30 41,850 (2,342 ) 39,508 41,850 (3,891 ) 37,959 April 2013 1.25% Notes April 15, 2018 $29.44 60,000 — 60,000 60,000 — 60,000 $ 101,850 $ (2,342 ) $ 99,508 $ 118,017 $ (3,891 ) $ 114,126 __________________________ (1) On March 17, 2015, the April 2009 3.625% Notes were called for redemption and in April 2015, the holders of the notes converted substantially all of the outstanding principal amounts into common shares. January 2012 4.00% Notes: In January 2012, Lions Gate Entertainment Inc. ("LGEI") issued approximately $45.0 million of January 2012 4.00% Notes, of which $10.1 million was allocated to the equity component. Interest is payable semi-annually on January 15 and July 15 of each year. April 2013 1.25% Notes: In April 2013, LGEI issued approximately $60.0 million in aggregate principal amount of April 2013 1.25% Notes. Interest is payable semi-annually on April 15 and October 15 of each year, and commenced on October 15, 2013. Conversion Features: The convertible senior subordinated notes are convertible, at any time, into the number of common shares of the Company determined by the principal amount being converted divided by the conversion price, subject to adjustment in certain circumstances. The January 2012 4.00% Notes provide that upon conversion, the Company has the option to deliver, in lieu of common shares, cash or a combination of cash and common shares of the Company. Convertible debt instruments that may be settled in cash upon conversion (including partial cash settlement) are recorded by separately accounting for the liability and equity component (i.e., conversion feature), thereby reducing the principal amount with a debt discount that is amortized as interest expense over the expected life of the note using the effective interest method. The effective interest rate on the liability component of the January 2012 4.00% Notes is 9.56% . The April 2013 1.25% Notes are convertible only into the Company's common shares and do not carry an option to be settled in cash upon conversion, and accordingly, have been recorded at their principal amount (not reduced by a debt discount for the equity component). Conversions. The following conversions were completed with respect to the Company's convertible senior subordinated notes in the nine months ended December 31, 2015 and 2014 , which resulted in a loss on extinguishment of debt of $1.3 million in the nine months ended December 31, 2014 (2015 - none ): Nine Months Ended December 31, 2015 2014 (Amounts in thousands, except share amounts) April 2009 3.625% Notes Principal amount converted $ 16,162 $ 24,046 Common shares issued upon conversion 1,983,058 2,929,899 Weighted average conversion price per share $ 8.15 $ 8.21 October 2004 2.9375% Notes Principal amount converted $ — $ 99 Common shares issued upon conversion — 8,634 Weighted average conversion price per share $ — $ 8.23 Total Principal amount converted $ 16,162 $ 24,145 Common shares issued upon conversion 1,983,058 2,938,533 Weighted average conversion price per share $ 8.15 $ 8.22 Interest Expense. Interest expense recognized for the convertible senior subordinated notes for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Interest Expense Contractual interest coupon $ 606 $ 776 $ 1,761 $ 2,705 Amortization of discount on liability component and debt issuance costs 542 1,061 1,588 4,322 $ 1,148 $ 1,837 $ 3,349 $ 7,027

Participations and Residuals

Participations and Residuals	9 Months Ended
	Dec. 31, 2015
Participations And Residuals [abstract]
Participations And Residuals	Participations and Residuals The Company expects approximately 72% of accrued participations and residuals will be paid during the one -year period ending December 31, 2016 . Theatrical Slate Participation On March 10, 2015, the Company entered into a theatrical slate participation arrangement with TIK Films (U.S.), Inc. and TIK Films (Hong Kong) Limited (collectively, "TIK Films"), both wholly owned subsidiaries of Hunan TV & Broadcast Intermediary Co. Ltd. Under the arrangement, TIK Films, in general and subject to certain limitations including per picture and annual caps, will contribute a minority share of 25% of the Company’s production or acquisition costs of “qualifying” theatrical feature films, released during the three -year period ending January 23, 2018, and participate in a pro-rata portion of the pictures’ net profits or losses similar to a co-production arrangement based on the portion of costs funded. The arrangement excludes among others, any theatrical feature film incorporating any elements from the Twilight, Hunger Games or Divergent franchises. The percentage of the contribution could vary on certain pictures. Amounts provided from TIK Films are reflected as a participation liability in the Company's consolidated balance sheet and amounted to $33.5 million at December 31, 2015 (March 31, 2015 - $13.6 million ). The difference between the ultimate participation expected to be paid to TIK Films and the amount provided by TIK Films is amortized as a charge to or a reduction of participation expense under the individual-film-forecast method.

Film Obligations and Production

Film Obligations and Production Loans	9 Months Ended
	Dec. 31, 2015
Film Obligations And Production Loans [Abstract]
Film Obligations And Production Loans	Film Obligations and Production Loans December 31, March 31, (Amounts in thousands) Film obligations $ 25,610 $ 55,811 Production loans 869,948 600,944 Total film obligations and production loans $ 895,558 $ 656,755 The following table sets forth future annual repayment of film obligations and production loans as of December 31, 2015 : Three Months Ended March 31, Year Ended March 31, 2016 2017 2018 2019 2020 Thereafter Total (Amounts in thousands) Film obligations $ 20,831 $ 1,923 $ 2,000 $ 1,000 $ — $ — $ 25,754 Production loans 138,099 710,249 21,600 — — — 869,948 $ 158,930 $ 712,172 $ 23,600 $ 1,000 $ — $ — 895,702 Less imputed interest on film obligations (144 ) $ 895,558 Film Obligations Film obligations include minimum guarantees, which represent amounts payable for film rights that the Company has acquired and certain theatrical marketing obligations for amounts received from third parties that are contractually committed for theatrical marketing expenditures associated with specific titles. Production Loans Production loans represent individual loans for the production of film and television programs that the Company produces. The majority of production loans have contractual repayment dates either at or near the expected completion date, with the exception of certain loans containing repayment dates on a longer term basis, and incur interest at rates ranging from 3.35% to 3.85% .

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair Value Accounting guidance and standards about fair value define fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair Value Hierarchy Fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The accounting guidance and standards establish three levels of inputs that may be used to measure fair value: • Level 1 — Quoted prices in active markets for identical assets or liabilities. • Level 2 — Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 liabilities that are not required to be measured at fair value on a recurring basis include the Company’s convertible senior subordinated notes, production loans, 5.25% Senior Notes, and Term Loan, which are priced using discounted cash flow techniques that use observable market inputs, such as LIBOR-based yield curves, swap rates, and credit ratings. • Level 3 — Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. The Company measures the fair value of its investment in Pop's Mandatorily Redeemable Preferred Stock Units using primarily a discounted cash flow analysis based on the expected cash flows of the investment. The analysis reflects the contractual terms of the investment, including the period to maturity, and uses a discount rate commensurate with the risk associated with the investment. The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Level 1 Level 2 Total Level 1 Level 2 Total Assets: (Amounts in thousands) Available-for-sale securities (see Note 3): Starz Series A common stock $ 70,954 $ — $ 70,954 $ 72,882 $ — $ 72,882 Starz Series B common stock — 86,785 86,785 — 89,142 89,142 Forward exchange contracts (see Note 18) — 10,933 10,933 — 8,335 8,335 Liabilities: Forward exchange contracts (see Note 18) — (2,119 ) (2,119 ) — (2,024 ) (2,024 ) $ 70,954 $ 95,599 $ 166,553 $ 72,882 $ 95,453 $ 168,335 The following table sets forth the carrying values and fair values of the Company’s investment in Pop's mandatorily redeemable preferred stock units and outstanding debt at December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 (Amounts in thousands) Carrying Value Fair Value Carrying Value Fair Value (Level 3) (Level 3) Assets: Investment in Pop's Mandatorily Redeemable Preferred Stock Units $ 93,085 $ 110,000 $ 91,683 $ 110,000 Carrying Value Fair Value Carrying Value Fair Value (Level 2) (Level 2) Liabilities: April 2009 3.625% Notes $ — $ — $ 16,167 $ 16,167 January 2012 4.00% Notes 39,508 41,707 37,959 41,473 April 2013 1.25% Notes 60,000 53,218 60,000 53,241 Production loans 869,948 869,948 600,944 600,944 5.25% Senior Notes 225,000 231,750 225,000 233,438 Term Loan 400,000 396,500 375,000 375,938 $ 1,594,456 $ 1,593,123 $ 1,315,070 $ 1,321,201

Acquisition

Acquisition	9 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisition	Acquisition Acquisition of Pilgrim Studios. On November 12, 2015, the Company purchased 62.5% of the membership interests in Pilgrim Media Group, LLC ("Pilgrim Studios"), a worldwide independent reality television producer and distributor. The aggregate purchase price was approximately $198.8 million , net of $7.7 million allocated to certain transactional costs attributable to the noncontrolling shareholder. These costs are included in the general and administrative expense of Pilgrim Studios, however, pursuant to the profit sharing provisions in the operating agreement, the amount is included in net loss attributable to noncontrolling interest in our unaudited condensed consolidated statement of income and thus does not impact earnings per share attributable to Lions Gate Entertainment Corp. shareholders. The purchase price consisted of $142.7 million in cash and 1,517,451 of the Company's common shares, valued at $56.1 million . These shares were valued based on the closing price of the Company’s common shares on the date of closing of the acquisition, discounted to the fair value of the shares considering certain transfer restrictions. The Company incurred approximately $2.9 million of acquisition-related costs that were expensed in general and administrative expenses during the nine months ended December 31, 2015. The acquisition was accounted for as a purchase, with the results of operations of Pilgrim Studios included in the Company's consolidated results from November 12, 2015. Revenues and net loss for the period from November 12, 2015 through December 31, 2015 of Pilgrim Studios were $22.9 million and $8.8 million , respectively. The net loss of Pilgrim Studios includes the $7.7 million charge discussed above, approximately $4.0 million ( $3.6 million included in direct operating expense and $0.4 million in depreciation and amortization) of incremental cost associated with the amortization of the increase in the carrying value of the assets to fair value as discussed below, and the $0.7 million charge associated with the noncontrolling interest discount as discussed in Note 10. The Company has made a preliminary allocation of the purchase price of Pilgrim Studios to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair value. The preliminary purchase price allocation is subject to revision, as a more detailed analysis of investment in television programs and intangible assets is completed and additional information on the fair value of assets and liabilities becomes available, including receipt of final appraisals of the net assets acquired. A change in the fair value of the net assets may change the amount of the purchase price allocable to goodwill, and could impact the amounts of amortization expense. The Company used DCF analyses, which represent Level 3 fair value measurements, to assess certain components of its purchase price allocation. Based on the preliminary valuation and other information currently available, the preliminary allocation of the purchase price, including the fair value of redeemable noncontrolling interest recognized, is as follows: Preliminary allocation of the total purchase consideration: (Amounts in thousands) Cash and cash equivalents $ 15,816 Accounts receivable, net 15,781 Investment in films and television programs, net 63,387 Other assets acquired 7,019 Finite-lived intangible assets: Noncompete agreements 9,300 Trade name 2,000 Other liabilities assumed (36,827 ) Fair value of net assets acquired 76,476 Goodwill 210,815 Redeemable noncontrolling interest (Note 10) (88,494 ) $ 198,797 Goodwill of $210.8 million represents the excess of the purchase price over the preliminary estimate of the fair value of the underlying tangible and identifiable intangible assets acquired and liabilities assumed. The acquisition goodwill arises from the opportunity for synergies of the combined companies to grow and diversify the Company's television operations by adding nonfiction programming to complement its existing scripted production and syndication operations and leverage the strength of the Company's global distribution infrastructure. The goodwill recorded as part of this acquisition is included in the Television Production segment. Although the goodwill will not be amortized for financial reporting purposes, it is anticipated that substantially all of the goodwill will be deductible for federal tax purposes over the statutory period of 15 years. The noncompete agreements and trade name have a weighted average estimated useful life of eight years. The following unaudited pro forma condensed consolidated statements of income presented below illustrate the results of operations of the Company as if the acquisition of Pilgrim Studios as described above occurred on April 1, 2014. The information below is based on a preliminary estimate of the purchase price allocation to the assets and liabilities acquired. The statements of income information below includes the statements of income of Pilgrim Studios for the nine months ended September 30, 2015 and 2014 combined with the Company's statements of income for the nine months ended December 31, 2015 and 2014. Nine Months Ended December 31, 2015 2014 (Amounts in thousands, except per share amounts) Revenues $ 1,662,131 $ 1,857,099 Net income attributable to Lions Gate Entertainment Corp. shareholders $ 46,142 $ 162,007 Basic Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders $ 0.31 $ 1.16 Diluted Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders $ 0.30 $ 1.09 The unaudited pro forma condensed consolidated statements of income do not include adjustments for any restructuring activities, operating efficiencies or cost savings, and exclude certain one-time transactional costs of $7.7 million attributable to the noncontrolling shareholder (see Note 10) expensed in connection with the transaction, as well as $2.9 million of acquisition-related costs that were expensed in general and administrative expenses. Goodwill. The changes in the carrying amount of goodwill by reporting segment in the nine months ended December 31, 2015 were as follows: Motion Pictures Television Production Total (Amounts in thousands) Balance as of March 31, 2015 $ 294,367 $ 28,961 $ 323,328 Acquisition of Pilgrim Studios — 210,815 210,815 Balance as of December 31, 2015 $ 294,367 $ 239,776 $ 534,143

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interest	9 Months Ended
	Dec. 31, 2015
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	Redeemable Noncontrolling Interest In connection with the acquisition of a controlling interest in Pilgrim Studios on November 12, 2015, the Company recorded a redeemable noncontrolling interest of $88.5 million , representing 37.5% of Pilgrim Studios. The noncontrolling interest holder has a right to put and the Company has a right to call a portion of the noncontrolling interest, equal to 17.5% of Pilgrim Studios, at fair value, subject to a cap, exercisable at five years after the acquisition date of November 12, 2015. In addition, the noncontrolling interest holder has a right to put and the Company has a right to call the remaining amount of noncontrolling interest at fair value, subject to a cap, exercisable at seven years after the acquisition date of November 12, 2015. The put and call options have been determined to be embedded in the noncontrolling interest, and because the put rights are outside the control of the Company and require partial cash settlement, the noncontrolling interest holder's interest is presented as redeemable noncontrolling interest outside of shareholders' equity on the Company's unaudited condensed consolidated balance sheet. In addition, the noncontrolling interest holder is the President and CEO of Pilgrim Studios, who will continue in this role pursuant to an employment contract entered into at the time of close. Pursuant to the operating agreement, if the employment of the noncontrolling interest holder is terminated, under certain circumstances as defined in the operating agreement, the Company can call and the noncontrolling interest holder can put the noncontrolling interest at a discount to fair value. The amount of the discount related to the 17.5% noncontrolling interest is being expensed through the five -year call period, and the portion of the discount related to the remaining noncontrolling interest is being expensed over the seven -year call period. The amounts are included in general and administrative expense of Pilgrim Studios and reflected as an addition to redeemable noncontrolling interest. Redeemable noncontrolling interest is measured at the greater of (i) the redemption amount that would be paid if settlement occurred at the balance sheet date less the amount attributed to unamortized noncontrolling interest discount, as discussed above, or (ii) the historical value resulting from the original acquisition date value plus or minus any earnings or loss attribution, plus the amount of unamortized noncontrolling interest discount as discussed above. The amount of the redemption value in excess of the historical values of the noncontrolling interest, if any, is recognized as an increase to noncontrolling interest and a charge to retained earnings. The table below presents the reconciliation of changes in redeemable noncontrolling interest: Nine Months Ended December 31, 2015 (Amounts in thousands) Beginning balance $ — Initial fair value of redeemable noncontrolling interest of Pilgrim Studios 88,494 Net loss of Pilgrim Studios attributable to noncontrolling interest (8,119 ) Noncontrolling interest discount accretion 681 Adjustments to redemption value 8,119 Ending balance $ 89,175 The net loss of Pilgrim Studios attributable to noncontrolling interest includes certain transactional costs of $7.7 million of Pilgrim Studios attributable to the noncontrolling shareholder (see Note 9). These costs are included in the general and administrative expense of Pilgrim Studios, however, pursuant to the profit sharing provisions in the operating agreement, the amount is included in net loss attributable to noncontrolling interest in our unaudited condensed consolidated statement of income and thus does not impact earnings per share attributable to Lions Gate Entertainment Corp. shareholders.

Net Income Per Share

Net Income Per Share	9 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per Share Basic net income per share is calculated based on the weighted average common shares outstanding for the period. Basic net income per share for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands, except per share amounts) Basic Net Income Per Common Share: Numerator: Net income attributable to Lions Gate Entertainment Corp. shareholders $ 40,717 $ 98,185 $ 39,332 $ 162,227 Denominator: Weighted average common shares outstanding 149,480 139,963 148,484 138,618 Basic net income per common share $ 0.27 $ 0.70 $ 0.26 $ 1.17 Diluted net income per common share reflects the potential dilutive effect, if any, of the conversion of convertible senior subordinated notes under the "if converted" method. Diluted net income per common share also reflects share purchase options, including equity-settled share appreciation rights and restricted share units ("RSUs") using the treasury stock method when dilutive, and any contingently issuable shares when dilutive. Diluted net income per common share for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands, except per share amounts) Diluted Net Income Per Common Share: Numerator: Net income attributable to Lions Gate Entertainment Corp. shareholders $ 40,717 $ 98,185 $ 39,332 $ 162,227 Add: Interest on convertible notes, net of tax 729 1,163 328 4,456 Numerator for diluted net income per common share $ 41,446 $ 99,348 $ 39,660 $ 166,683 Denominator: Weighted average common shares outstanding 149,480 139,963 148,484 138,618 Effect of dilutive securities: Conversion of notes 6,084 8,360 2,117 9,995 Share purchase options 3,459 2,943 3,393 2,662 Restricted share units 389 447 418 441 Adjusted weighted average common shares outstanding 159,412 151,713 154,412 151,716 Diluted net income per common share $ 0.26 $ 0.65 $ 0.26 $ 1.10 For the three and nine months ended December 31, 2015 and 2014 , the outstanding common shares issuable presented below were excluded from diluted net income per common share because their inclusion would have had an anti-dilutive effect. Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Anti-dilutive shares issuable Conversion of notes — — 4,041 — Share purchase options 3,237 3,122 3,432 4,334 Restricted share units 57 97 81 144 Contingently issuable shares 541 298 390 286 Total weighted average anti-dilutive shares issuable excluded from diluted net income per common share 3,835 3,517 7,944 4,764

Capital Stock

Capital Stock	9 Months Ended
	Dec. 31, 2015
Equity and Share-based Compensation [Abstract]
Capital Stock	Capital Stock (a) Common Shares The Company had 500 million authorized common shares at December 31, 2015 and March 31, 2015 . The table below outlines common shares reserved for future issuance: December 31, March 31, (Amounts in thousands) Stock options outstanding, average exercise price $24.60 (March 31, 2015 - $22.22) 14,899 12,215 Restricted share units — unvested 1,676 1,662 Share purchase options and restricted share units available for future issuance 2,885 7,163 Shares issuable upon conversion of April 2009 3.625% Notes at conversion price of $8.15 per share at March 31, 2015 — 1,984 Shares issuable upon conversion of January 2012 4.00% Notes at conversion price of $10.30 per share (March 31, 2015 - $10.38) 4,063 4,032 Shares issuable upon conversion of April 2013 1.25% Notes at conversion price of $29.44 per share (March 31, 2015 - $29.65) 2,038 2,024 Shares reserved for future issuance 25,561 29,080 In September 2012, the Company adopted the 2012 Performance Incentive Plan, as amended on September 9, 2014 (the "2012 Plan"). The 2012 Plan provides for the issuance of up to 27.6 million common shares of the Company, stock options, share appreciation rights, restricted shares, stock bonuses and other forms of awards granted or denominated in common shares or units of common shares of the Company, as well as certain cash bonus awards to eligible directors of the Company, officers or employees of the Company or any of its subsidiaries, and certain consultants and advisors to the Company or any of its subsidiaries. (b) Share-based Compensation The Company recognized the following share-based compensation expense during the three and nine months ended December 31, 2015 , and 2014 : Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Compensation Expense: Stock Options $ 6,322 $ 7,551 $ 25,845 $ 25,560 Restricted Share Units and Other Share-based Compensation 6,913 6,477 21,373 19,515 Share Appreciation Rights — 1,104 288 3,800 13,235 15,132 47,506 48,875 Impact of accelerated vesting on stock options and restricted share units (1) — — — 1,194 Total share-based compensation expense $ 13,235 $ 15,132 $ 47,506 $ 50,069 Tax impact (2) (4,853 ) (5,547 ) (17,420 ) (18,355 ) Reduction in net income $ 8,382 $ 9,585 $ 30,086 $ 31,714 ___________________ (1) Represents the impact of the acceleration of certain vesting schedules for stock options and restricted share units pursuant to the severance arrangements related to the integration of the marketing operations of the Company's Lionsgate and Summit film labels. (2) Represents the income tax benefit recognized in the statements of income for share-based compensation arrangements. The following table sets forth the stock option, equity-settled share appreciation rights, and restricted share unit activity during the nine months ended December 31, 2015 : Stock Options Weighted-Average Exercise Price Restricted Share Units Weighted-Average Grant-Date Fair Value Outstanding at March 31, 2015 13,214,696 $21.26 1,662,028 $28.10 Granted 3,089,552 $32.75 1,282,319 $33.51 Options exercised or RSUs vested (635,183 ) $12.96 (1,235,455 ) $28.46 Forfeited or expired (8,429 ) $21.48 (32,897 ) $30.50 Outstanding at December 31, 2015 15,660,636 $23.86 1,675,995 $31.92 During the nine months ended December 31, 2014 , 75,000 cash-settled share appreciation rights were exercised resulting in a cash payment of $1.7 million . The excess tax benefits realized from tax deductions associated with option exercises and RSU activity were $6.8 million for the nine months ended December 31, 2014 . There were no excess tax benefits realized for the nine months ended December 31, 2015 . Total unrecognized compensation cost related to unvested stock options and restricted share unit awards at December 31, 2015 are $52.9 million and $34.1 million , respectively, and are expected to be recognized over a weighted average period of 1.6 and 1.7 years, respectively. (c) Dividends On December 11, 2015, the Company's Board of Directors declared a quarterly cash dividend of $0.09 per common share payable on February 5, 2016, to shareholders of record as of December 31, 2015. As of December 31, 2015 , the Company had $13.4 million of cash dividends payable included in accounts payable and accrued liabilities on the unaudited condensed consolidated balance sheet. (d) Shareholder Transactions In November 2015, the Company was advised that each of Liberty Global Incorporated Limited (“Liberty”), a limited company organized under the laws of the United Kingdom and a wholly owned subsidiary of Liberty Global plc, and Discovery Lightning Investments Ltd. (“Discovery”), a limited company organized under the laws of the United Kingdom and a wholly owned subsidiary of Discovery Communications, Inc., agreed to each purchase 5,000,000 common shares, no par value per share, of the Company (“common shares”) from funds affiliated with MHR Fund Management, LLC (“MHR Fund Management”). In connection with the purchases, the Company entered into separate registration rights agreements with each of Liberty and Discovery, and amended the registration rights agreement with MHR Fund Management, which provide Liberty, Discovery and MHR Fund Management (together with certain of their affiliates) with certain registration rights, subject to the terms and conditions set forth therein. The Company also entered into an underwriting agreement with J.P. Morgan Securities LLC, as underwriter, Liberty, Discovery and Bank of America, N.A. in connection with a registered underwritten secondary public offering of the common shares. Among other transaction costs, the Company has incurred expenses on behalf of MHR Fund Management for certain costs related to the registration and offering of the common shares. Such costs, amounting to approximately $0.8 million , are included in general and administration expense in the unaudited condensed consolidated statement of income for the three months ended December 31, 2015. Mark H. Rachesky, the Chairman of the Board of the Company, is the principal of MHR Fund Management, which holds approximately 20.1% of the Company’s outstanding common stock as of January 8, 2016. The registration and offering were disclosed by the Company on Current Reports on Form 8-K dated November 10, 2015 and November 13, 2015.

Income Taxes

Income Taxes	9 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In the quarter ended December 31, 2015, the Company determined that a small change in its estimated pretax results for the year ended March 31, 2016 would create a large change in its expected annual effective rate. Accordingly, it was determined that a reliable estimate of the expected annual effective tax rate could not be made. As a result, the Company computed its tax provision (benefit) using the cut-off method which resulted in an income tax benefit of $45.1 million for the three months ended December 31, 2015 based on the actual taxes attributable to its year-to-date earnings. This tax benefit is primarily related to the mix of the Company's pre-tax income (loss) generated across the various jurisdictions in which the Company operates in addition to the tax deductions generated by the Company's capital structure. The income tax provision for the three and nine months ended December 31, 2014 was calculated by estimating the Company's annual effective tax rate, and then applying the effective tax rate to income before income taxes for the period, along with any items that relate discretely to the period. The Company's effective tax rate differs from the federal statutory rate and has changed from the prior period and could fluctuate significantly in the future, as the Company's effective tax rates are affected by many factors, including the overall level of pre-tax income, the mix of pre-tax income generated across the various jurisdictions in which the Company operates, changes in tax laws and regulations in those jurisdictions, changes in valuation allowances on its deferred tax assets, tax planning strategies available to the Company, and other discrete items.

Government Assistance

Government Assistance	9 Months Ended
	Dec. 31, 2015
Government Assistance [Abstract]
Government Assistance	Government Assistance Tax credits earned for film and television production activity for the three and nine months ended December 31, 2015 totaled $16.5 million and $120.2 million , respectively ( three and nine months ended December 31, 2014 - $103.5 million and $193.0 million , respectively) and are recorded as a reduction of the cost of the related film and television program. Accounts receivable at December 31, 2015 includes $285.8 million with respect to tax credits receivable (March 31, 2015 - $219.2 million ). The Company is subject to routine inquiries and review by regulatory authorities of its various incentive claims which have been received or are receivable. Adjustments of claims have generally not been material historically.

Segment Information

Segment Information	9 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s reportable segments are determined based on the distinct nature of their operations and each segment is a strategic business unit that offers different products and services and is managed separately. The Company has two reportable business segments as of December 31, 2015 : Motion Pictures and Television Production. Motion Pictures consists of the development and production of feature films, acquisition of North American and worldwide distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and worldwide licensing of distribution rights to feature films produced and acquired. Television Production consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming. Segment information by business unit is as follows: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Segment revenues Motion Pictures $ 505,793 $ 590,072 $ 1,135,110 $ 1,320,012 Television Production 164,729 161,227 421,112 433,546 $ 670,522 $ 751,299 $ 1,556,222 $ 1,753,558 Direct operating expenses Motion Pictures $ 264,480 $ 260,309 $ 580,646 $ 583,792 Television Production 139,588 140,267 346,542 362,048 $ 404,068 $ 400,576 $ 927,188 $ 945,840 Distribution and marketing Motion Pictures $ 191,827 $ 162,884 $ 399,146 $ 396,587 Television Production 11,294 8,555 29,039 25,050 $ 203,121 $ 171,439 $ 428,185 $ 421,637 Gross segment contribution Motion Pictures $ 49,486 $ 166,879 $ 155,318 $ 339,633 Television Production 13,847 12,405 45,531 46,448 $ 63,333 $ 179,284 $ 200,849 $ 386,081 Segment general and administration Motion Pictures $ 18,874 $ 18,669 $ 55,841 $ 54,252 Television Production 4,401 3,172 13,260 10,081 $ 23,275 $ 21,841 $ 69,101 $ 64,333 Segment profit Motion Pictures $ 30,612 $ 148,210 $ 99,477 $ 285,381 Television Production 9,446 9,233 32,271 36,367 $ 40,058 $ 157,443 $ 131,748 $ 321,748 Gross segment contribution is defined as segment revenue less segment direct operating and distribution and marketing expenses. Segment profit is defined as segment revenue less segment direct operating, distribution and marketing, and general and administration expenses. The reconciliation of total segment profit to the Company’s income (loss) before income taxes is as follows: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Company’s total segment profit $ 40,058 $ 157,443 $ 131,748 $ 321,748 Shared services and corporate expenses: Share-based compensation expense (13,235 ) (15,132 ) (47,506 ) (48,875 ) Restructuring and other items (1) (13,398 ) (766 ) (17,605 ) (7,008 ) Purchase accounting and related adjustments (2) (681 ) — (681 ) — Start-up costs of new business initiatives (3) (2,630 ) — (3,045 ) — Other shared services and corporate expenses (16,864 ) (23,668 ) (60,434 ) (66,759 ) Total shared services and corporate expenses (46,808 ) (39,566 ) (129,271 ) (122,642 ) Depreciation and amortization (2,970 ) (1,708 ) (7,320 ) (4,685 ) Operating income (loss) (9,720 ) 116,169 (4,843 ) 194,421 Interest expense (14,169 ) (13,551 ) (39,424 ) (39,594 ) Interest and other income 521 623 1,676 2,188 Loss on extinguishment of debt — (690 ) — (1,276 ) Equity interests income 10,826 10,898 29,363 37,353 Income (loss) before income taxes $ (12,542 ) $ 113,449 $ (13,228 ) $ 193,092 ___________________ (1) Restructuring and other items includes restructuring and severance costs, certain transaction related costs, and certain unusual items, when applicable. Amounts in the three and nine months ended December 31, 2015 represent professional fees associated with certain strategic transactions including, among others, the acquisition of Pilgrim Studios and certain shareholder transactions, the costs related to the move of our international sales and distribution organization to the United Kingdom, and certain transactional costs of $7.7 million of Pilgrim Studios attributable to the noncontrolling shareholder (see Note 9). Pursuant to the profit sharing provisions in the Pilgrim Studios operating agreement, the transactional costs of $7.7 million are included in net loss attributable to noncontrolling interest in the unaudited condensed consolidated statement of income and thus does not impact earnings per share attributable to Lions Gate Entertainment Corp. shareholders. In addition, amounts in the nine months ended December 31, 2015 include pension withdrawal costs of $2.7 million related to an underfunded multi-employer pension plan in which the Company is no longer participating. Amounts in the three and nine months ended December 31, 2014 primarily represent costs related to the move of our international sales and distribution organization to the United Kingdom. In addition, amounts in the nine months ended December 31, 2014 include severance costs associated with the integration of the marketing operations of the Company's Lionsgate and Summit film labels, of which approximately $1.2 million are non-cash charges resulting from the acceleration of vesting of stock awards (see Note 12). (2) Purchase accounting and related adjustments represent the charge for the accretion of the noncontrolling interest discount that is included in general and administrative expense (see Note 10). (3) Start-up costs of new business initiatives represent general and administrative expense associated with the Company's direct to consumer initiatives including its subscription video-on-demand platforms. The following table sets forth significant assets as broken down by segment and other unallocated assets as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Motion Pictures Television Production Total Motion Pictures Television Production Total (Amounts in thousands) Significant assets by segment Accounts receivable $ 458,694 $ 485,304 $ 943,998 $ 538,515 $ 353,365 $ 891,880 Investment in films and television programs, net 1,190,219 371,749 1,561,968 1,116,909 264,920 1,381,829 Goodwill 294,367 239,776 534,143 294,367 28,961 323,328 $ 1,943,280 $ 1,096,829 $ 3,040,109 $ 1,949,791 $ 647,246 $ 2,597,037 Other unallocated assets (primarily cash, other assets, and investments) 798,290 695,052 Total assets $ 3,838,399 $ 3,292,089 The following table sets forth acquisition of investment in films and television programs as broken down by segment for the three and nine months ended December 31, 2015 and 2014 : Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Acquisition of investment in films and television programs Motion Pictures $ 140,114 $ 89,041 $ 504,536 $ 517,385 Television Production 95,671 87,409 266,719 298,084 $ 235,785 $ 176,450 $ 771,255 $ 815,469 Purchases of property and equipment amounted to $6.8 million and $13.7 million for the three and nine months ended December 31, 2015 , respectively, and $6.8 million and $11.3 million for the three and nine months ended December 31, 2014 , respectively, primarily pertaining to purchases for the Company’s corporate headquarters.

Contingencies

Contingencies	9 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Two purported Lions Gate stockholders initiated legal proceedings in the United States District Court for the Southern District of New York relating to the March 13, 2014 announcement that the Company had entered into an administrative order with the United States Securities and Exchange Commission (the "SEC") that resolved the SEC’s investigation into transactions that the Company announced on July 20, 2010. These actions were captioned Laborers Pension Trust Fund-Detroit & Vicinity v. Lions Gate Entertainment Corp., et al., Case No. 14 CV 5197 (filed July 11, 2014) and Barger v. Lions Gate Entertainment Corp., Case No. 14 CV 5477 (filed July 21, 2014). The actions alleged, among other things, that the Company and certain of its current and former officers and directors violated the federal securities laws by failing to disclose the SEC’s investigation prior to March 13, 2014. On October 28, 2014, the court consolidated the actions under the caption In re Lions Gate Entertainment Corp. Securities Litigation, Case No. 1:14-cv-05197-JGK, and appointed lead plaintiff and lead counsel. Lead plaintiff filed a consolidated amended complaint on December 29, 2014 and a second consolidated amended complaint on March 30, 2015. On April 30, 2015, defendants moved to dismiss the action. The court held oral argument on November 5, 2015. On January 22, 2016, the court granted the defendants’ motion to dismiss. In addition, on May 16, 2014, the Company received a letter from another purported stockholder, Arkansas Teacher Retirement System, demanding that the Company seek to recover damages, including the costs associated with the SEC investigation, and the fine paid, from the directors who were on the board (and certain officers) at the time the July 20, 2010 transactions occurred. On August 6, 2014, the board created a Special Committee of independent directors (composed of Mr. Frank Giustra and Mr. Gordon Crawford) to consider the demand. On October 1, 2014, the Arkansas Teacher Retirement System filed a petition in the Supreme Court of British Columbia seeking an order granting it leave to prosecute the claims in the name and on behalf of Lions Gate. The Special Committee concluded that commencing an action in British Columbia against the proposed defendants (or any of them) as demanded by the Arkansas Teacher Retirement System would not be in the best interests of the Company, and the Company has taken steps to oppose the petition, including through filing materials in opposition in December 2014 and January 2015. The Arkansas Teacher Retirement System has filed materials in reply. The petition was scheduled to be heard on February 1-3, 2016. From time to time, the Company is involved in other claims and legal proceedings arising in the normal course of business. While the resolution of these matters cannot be predicted with certainty, we do not believe, based on current knowledge, that the outcome of any currently pending legal proceedings in which the Company is currently involved will have a material adverse effect on the Company's consolidated financial position, results of operations, or cash flow.

Consolidating Financial Informa

Consolidating Financial Information - Convertible Senior Subordinated Notes	9 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Consolidating Financial Information - Convertible Senior Subordinated Notes	Consolidating Financial Information — Convertible Senior Subordinated Notes The January 2012 4.00% Notes and the April 2013 1.25% Notes by their terms, are fully and unconditionally guaranteed by the Company. LGEI, the issuer of the January 2012 4.00% Notes and the April 2013 1.25% Notes that are guaranteed by the Company, is 100% owned by the parent company guarantor, Lions Gate Entertainment Corp. The following tables present condensed consolidating financial information as of December 31, 2015 and March 31, 2015 , and for the nine months ended December 31, 2015 and 2014 for (1) the Company, on a stand-alone basis, (2) LGEI, on a stand-alone basis, (3) the non-guarantor subsidiaries of the Company (including the subsidiaries of LGEI), on a combined basis (collectively, the “Non-guarantor Subsidiaries”) and (4) the Company, on a consolidated basis. As of December 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 $ 1,773 $ 51,230 $ 35,289 $ — $ 88,292 Restricted cash — 2,650 — — 2,650 Accounts receivable, net 664 1,607 941,727 — 943,998 Investment in films and television programs, net — 6,407 1,555,561 — 1,561,968 Property and equipment, net — 34,115 7,799 — 41,914 Investments 40,072 16,331 418,706 — 475,109 Goodwill 10,172 — 523,971 — 534,143 Other assets 7,535 59,555 23,262 (5,530 ) 84,822 Deferred tax assets 615 94,817 10,071 — 105,503 Subsidiary investments and advances 1,545,358 1,605,165 3,232,304 (6,382,827 ) — $ 1,606,189 $ 1,871,877 $ 6,748,690 $ (6,388,357 ) $ 3,838,399 Liabilities and Shareholders' Equity (Deficiency) Senior revolving credit facility $ — $ — $ — $ — $ — 5.25% Senior Notes 225,000 — — — 225,000 Term Loan 400,000 — — — 400,000 Accounts payable and accrued liabilities 25,815 71,765 230,248 — 327,828 Participations and residuals — 3,663 546,322 — 549,985 Film obligations and production loans — — 895,558 — 895,558 Convertible senior subordinated notes — 99,508 — — 99,508 Deferred revenue — 5,661 290,310 — 295,971 Intercompany payable — 1,955,839 2,489,183 (4,445,022 ) — Redeemable noncontrolling interest — — 89,175 — 89,175 Total shareholders' equity (deficiency) 955,374 (264,559 ) 2,207,894 (1,943,335 ) 955,374 $ 1,606,189 $ 1,871,877 $ 6,748,690 $ (6,388,357 ) $ 3,838,399 Nine Months Ended December 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 $ — $ 15,709 $ 1,540,947 $ (434 ) $ 1,556,222 EXPENSES: Direct operating 572 33 926,583 — 927,188 Distribution and marketing — 5,982 422,203 — 428,185 General and administration 5,849 109,519 84,266 (1,262 ) 198,372 Depreciation and amortization — 5,906 1,414 — 7,320 Total expenses 6,421 121,440 1,434,466 (1,262 ) 1,561,065 OPERATING INCOME (LOSS) (6,421 ) (105,731 ) 106,481 828 (4,843 ) Other expenses (income): Interest expense 28,025 163,552 128,319 (280,472 ) 39,424 Interest and other income (154,398 ) (165 ) (127,200 ) 280,087 (1,676 ) Total other expenses (income) (126,373 ) 163,387 1,119 (385 ) 37,748 INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES 119,952 (269,118 ) 105,362 1,213 (42,591 ) Equity interests income (loss) (81,059 ) 185,971 30,875 (106,424 ) 29,363 INCOME (LOSS) BEFORE INCOME TAXES 38,893 (83,147 ) 136,237 (105,211 ) (13,228 ) Income tax provision (benefit) (439 ) (45,672 ) 53,941 (52,271 ) (44,441 ) NET INCOME (LOSS) 39,332 (37,475 ) 82,296 (52,940 ) 31,213 Less: Net loss attributable to noncontrolling interest — — — 8,119 8,119 Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 39,332 $ (37,475 ) $ 82,296 $ (44,821 ) $ 39,332 Nine Months Ended December 31, 2015 Lions Gate Entertainment Corp. Lions Gate Entertainment Inc. Non-guarantor Subsidiaries Consolidating Adjustments Lions Gate Consolidated STATEMENT OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands) NET INCOME (LOSS) 39,332 (37,475 ) 82,296 (52,940 ) 31,213 Foreign currency translation adjustments, net of tax (1,440 ) (3,876 ) (3,698 ) 9,600 586 Net unrealized loss on available-for-sale securities, net of tax of $557 — — (3,728 ) — (3,728 ) Net unrealized gain on foreign exchange contracts, net of tax — — 1,702 — 1,702 COMPREHENSIVE INCOME (LOSS) 37,892 (41,351 ) 76,572 (43,340 ) 29,773 Less: Comprehensive loss attributable to noncontrolling interest — — — 8,119 8,119 Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 37,892 $ (41,351 ) $ 76,572 $ (35,221 ) $ 37,892 Nine Months Ended December 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 $ 25,021 $ 18,047 $ (153,619 ) $ — $ (110,551 ) INVESTING ACTIVITIES: Investment in equity method investees — — (3,954 ) — (3,954 ) Purchase of Pilgrim Studios, net of cash acquired of $15,816 — — (126,892 ) — (126,892 ) Purchases of other investments — (750 ) — — (750 ) Purchases of property and equipment — (13,352 ) (328 ) — (13,680 ) NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES — (14,102 ) (131,174 ) — (145,276 ) FINANCING ACTIVITIES: Senior revolving credit facility - borrowings 238,000 — — — 238,000 Senior revolving credit facility - repayments (238,000 ) — — — (238,000 ) Term Loan - borrowings, net of deferred financing costs of $964 24,036 — — — 24,036 Convertible senior subordinated notes - repurchases — (5 ) — — (5 ) Production loans - borrowings — — 509,569 — 509,569 Production loans - repayments — — (240,565 ) — (240,565 ) Dividends paid (33,927 ) — — — (33,927 ) Excess tax benefits on equity-based compensation awards — — — — — Exercise of stock options 6,007 — — — 6,007 Tax withholding required on equity awards (22,871 ) — — — (22,871 ) NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES (26,755 ) (5 ) 269,004 — 242,244 NET CHANGE IN CASH AND CASH EQUIVALENTS (1,734 ) 3,940 (15,789 ) — (13,583 ) FOREIGN EXCHANGE EFFECTS ON CASH 8 — (830 ) — (822 ) CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD 3,499 47,290 51,908 — 102,697 CASH AND CASH EQUIVALENTS — END OF PERIOD $ 1,773 $ 51,230 $ 35,289 $ — $ 88,292 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 ) — Redeemable noncontrolling interest — — — — — Total 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 Nine Months Ended December 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 $ — $ 21,565 $ 1,732,520 $ (527 ) $ 1,753,558 EXPENSES: Direct operating 2 3,243 942,595 — 945,840 Distribution and marketing — 1,575 420,062 — 421,637 General and administration 2,383 115,942 69,010 (360 ) 186,975 Depreciation and amortization — 2,721 1,964 — 4,685 Total expenses 2,385 123,481 1,433,631 (360 ) 1,559,137 OPERATING INCOME (LOSS) (2,385 ) (101,916 ) 298,889 (167 ) 194,421 Other expenses (income): Interest expense 25,919 138,139 96,941 (221,405 ) 39,594 Interest and other income (126,019 ) (2,766 ) (94,457 ) 221,054 (2,188 ) Loss on extinguishment of debt — 1,276 — — 1,276 Total other expenses (income) (100,100 ) 136,649 2,484 (351 ) 38,682 INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES 97,715 (238,565 ) 296,405 184 155,739 Equity interests income (loss) 66,045 317,176 37,224 (383,092 ) 37,353 INCOME (LOSS) BEFORE INCOME TAXES 163,760 78,611 333,629 (382,908 ) 193,092 Income tax provision (benefit) 1,533 12,566 52,982 (36,216 ) 30,865 NET INCOME (LOSS) 162,227 66,045 280,647 (346,692 ) 162,227 Less: Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 162,227 $ 66,045 $ 280,647 $ (346,692 ) $ 162,227 Nine Months Ended December 31, 2014 Lions Gate Entertainment Corp. Lions Gate Entertainment Inc. Non-guarantor Subsidiaries Consolidating Adjustments Lions Gate Consolidated STATEMENT OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands) NET INCOME (LOSS) 162,227 66,045 280,647 (346,692 ) 162,227 Foreign currency translation adjustments, net of tax (3,473 ) (4,383 ) (1,301 ) 4,991 (4,166 ) Net unrealized gain on foreign exchange contracts, net of tax — — 693 — 693 COMPREHENSIVE INCOME (LOSS) $ 158,754 $ 61,662 $ 280,039 $ (341,701 ) $ 158,754 Less: Comprehensive loss attributable to noncontrolling interest — — — — — Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 158,754 $ 61,662 $ 280,039 $ (341,701 ) $ 158,754 Nine Months Ended December 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 $ 93,761 $ 16,210 $ (273,012 ) $ — $ (163,041 ) INVESTING ACTIVITIES: Proceeds from the sale of equity method investees — — 14,575 — 14,575 Investment in equity method investees — (2,150 ) (12,600 ) — (14,750 ) Purchases of other investments — (2,000 ) — — (2,000 ) Purchases of property and equipment — (9,309 ) (1,984 ) — (11,293 ) NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES — (13,459 ) (9 ) — (13,468 ) FINANCING ACTIVITIES: Senior revolving credit facility - borrowings 681,500 — — — 681,500 Senior revolving credit facility - repayments (618,619 ) — — — (618,619 ) Convertible senior subordinated notes - repurchases — (16 ) — — (16 ) Production loans - borrowings — — 533,781 — 533,781 Production loans - repayments — — (261,868 ) — (261,868 ) Repurchase of common shares (129,859 ) — — — (129,859 ) Dividends paid (23,536 ) — — — (23,536 ) Excess tax benefits on equity-based compensation awards — 6,767 — — 6,767 Exercise of stock options 4,404 — — — 4,404 Tax withholding required on equity awards (14,939 ) — — — (14,939 ) NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES (101,049 ) 6,751 271,913 — 177,615 NET CHANGE IN CASH AND CASH EQUIVALENTS (7,288 ) 9,502 (1,108 ) — 1,106 FOREIGN EXCHANGE EFFECTS ON CASH (1 ) — 2,089 — 2,088 CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD 8,128 5,999 11,565 — 25,692 CASH AND CASH EQUIVALENTS — END OF PERIOD $ 839 $ 15,501 $ 12,546 $ — $ 28,886

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company enters into forward foreign exchange contracts to hedge its foreign currency exposures on future production expenses and tax credit receivables denominated in various foreign currencies. As of December 31, 2015 , the Company had the following outstanding forward foreign exchange contracts (all outstanding contracts have maturities of less than 11 months from December 31, 2015 ): December 31, 2015 Foreign Currency Foreign Currency Amount US Dollar Amount Weighted Average Exchange Rate Per $1 USD (Amounts in millions) (Amounts in millions) British Pound Sterling £0.9 in exchange for $1.0 £0.93 Australian Dollar A$56.8 in exchange for $50.6 A$1.12 Euro €3.4 in exchange for $3.8 €0.89 Canadian Dollar C$49.2 in exchange for $37.5 C$1.31 Changes in the fair value representing a net unrealized fair value gain (loss) on foreign exchange contracts that qualified as effective hedge contracts outstanding during the three and nine months ended December 31, 2015 were losses, net of tax, of $1.3 million and gains, net of tax, of $1.7 million , respectively (2014 - gains, net of tax, of $0.3 million and $0.7 million , respectively), and are included in accumulated other comprehensive loss, a separate component of shareholders’ equity. Changes in the fair value representing a net unrealized fair value gain on foreign exchange contracts that did not qualify as effective hedge contracts outstanding during the three and nine months ended December 31, 2015 were less than $0.1 million (three and nine months ended December 31, 2014 - nil and $0.4 million ) and are included in direct operating expenses in the consolidated statements of income. The Company monitors its positions with, and the credit quality of, the financial institutions that are party to its financial transactions. As of December 31, 2015 , $10.9 million was included in other assets and $2.1 million in accounts payable and accrued liabilities ( March 31, 2015 - $8.3 million in other assets and $2.0 million in accounts payable and accrued liabilities) in the accompanying consolidated balance sheets related to the Company's use of foreign currency derivatives. The Company classifies its forward foreign exchange contracts within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments. During the three and nine months ended December 31, 2015 , the Company did not have any significant amounts reclassified out of accumulated other comprehensive loss. As of December 31, 2015, based on the current release schedule, the Company estimates approximately $7.1 million of gains associated with cash flow hedges in accumulated other comprehensive loss to be reclassified into earnings during the one-year period ending December 31, 2016.

Supplementary Cash Flow Stateme

Supplementary Cash Flow Statement Information	9 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplementary Cash Flow Statement Information	Supplementary Cash Flow Statement Information The supplemental schedule of non-cash investing and financing activities for the nine months ended December 31, 2015 and 2014 is presented below. Nine Months Ended December 31, 2015 2014 (Amounts in thousands) Non-cash investing activities: Issuance of common shares related to Pilgrim Studios acquisition (see Note 9) $ 56,089 $ — Non-cash financing activities: Accrued dividends (see Note 12) $ 13,360 $ 9,817 Accrued share repurchases $ — $ 2,106 Conversions of convertible senior subordinated notes (see Note 5) $ 16,162 $ 24,145

Subsequent Events

Subsequent Events	9 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Share Repurchases. On February 2, 2016, our Board of Directors authorized the Company to increase its previously announced share repurchase plan from $300 million to $468 million . To date, approximately $218.0 million of the Company's common shares have been purchased, leaving approximately $250.0 million of authorized potential purchases. Of the purchased shares, 0.3 million of the Company's common shares were purchased for an aggregate price of $7.9 million (weighted average repurchase price of $29.48 ) during the period from January 1, 2016 to January 13, 2016. The remaining $250.0 million of the Company's common shares may be purchased from time to time at the Company's discretion, including quantity, timing and price thereof, and will be subject to market conditions. Such purchases will be structured as permitted by securities laws and other legal requirements.

General (Policies)

General (Policies)	9 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Lionsgate and all of its majority-owned and controlled subsidiaries. The unaudited condensed consolidated financial statements have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to quarterly report on Form 10-Q under the Securities Exchange Act of 1934, as amended, and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these unaudited condensed consolidated financial statements. Operating results for the three and nine months ended December 31, 2015 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2016 . The balance sheet at March 31, 2015 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read together with the consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2015 . Certain amounts presented in prior years have been reclassified to conform to the current year’s presentation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to ultimate revenue and costs for investment in films and television programs; estimates of sales returns and other allowances and provisions for doubtful accounts; fair value of equity-based compensation; fair value of assets and liabilities for allocation of the purchase price of companies acquired; income taxes; accruals for contingent liabilities; and impairment assessments for investment in films and television programs, property and equipment, equity investments, goodwill and intangible assets. Actual results could differ from such estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued an accounting standard update relating to the recognition of revenue from contracts with customers, which will supersede most current U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. The new revenue recognition standard provides a five-step analysis of transactions to determine when and how revenue is recognized. Based on the current guidance, the new framework will become effective on either a full or modified retrospective basis for the Company on April 1, 2018. The Company is currently evaluating the impact that the adoption of this new guidance will have on its consolidated financial statements. In April 2015, the FASB issued an accounting standards update relating to the presentation of debt issuance costs. The accounting update requires companies to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than as an asset. The guidance is effective for the Company's fiscal year beginning April 1, 2016, with early adoption permitted. The Company plans to adopt the new guidance effective April 1, 2016. The adoption of this guidance is not expected to have a material impact on the Company's consolidated financial statements. In September 2015, the FASB issued new guidance on adjustments to provisional amounts recognized in a business combination, which are currently recognized on a retrospective basis. Under the new requirements, adjustments will be recognized in the reporting period in which the adjustments are determined. The effects of changes in depreciation, amortization, or other income arising from changes to the provisional amounts, if any, are included in earnings of the reporting period in which the adjustments to the provisional amounts are determined. An entity is also required to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The guidance is effective for the Company's fiscal year beginning April 1, 2016, with early adoption permitted, and is required to be implemented on a prospective basis. The Company adopted the new guidance effective October 1, 2015 and it did not have an impact on the Company's consolidated financial statements.
Net Income Per Share	Basic net income per share is calculated based on the weighted average common shares outstanding for the period. Diluted net income per common share reflects the potential dilutive effect, if any, of the conversion of convertible senior subordinated notes under the "if converted" method. Diluted net income per common share also reflects share purchase options, including equity-settled share appreciation rights and restricted share units ("RSUs") using the treasury stock method when dilutive, and any contingently issuable shares when dilutive.

Investment In Films And Telev32

Investment In Films And Television Programs (Tables)	9 Months Ended
	Dec. 31, 2015
Investment In Films And Television Programs [Abstract]
Investment In Films And Television Programs	December 31, March 31, (Amounts in thousands) Motion Pictures Segment - Theatrical and Non-Theatrical Films Released, net of accumulated amortization $ 526,903 $ 507,628 Acquired libraries, net of accumulated amortization 5,134 9,357 Completed and not released 21,835 76,968 In progress 583,493 478,879 In development 33,644 21,054 Product inventory 19,210 23,023 1,190,219 1,116,909 Television Production Segment - Direct-to-Television Programs Released, net of accumulated amortization 208,322 231,470 In progress 158,270 28,585 In development 5,157 4,865 371,749 264,920 $ 1,561,968 $ 1,381,829

Investments (Tables)

Investments (Tables)	9 Months Ended
	Dec. 31, 2015
Equity Method Investments, Cost Method Investments, and Investments in Debt and Equity [Abstract]
Carrying Amount of Investments, By Category	The carrying amounts of investments, by category, at December 31, 2015 and March 31, 2015 were as follows: December 31, March 31, (Amounts in thousands) Equity method investments $ 274,548 $ 234,202 Available-for-sale securities 157,739 162,024 Cost method investments 42,822 42,072 $ 475,109 $ 438,298
Schedule of Equity Method Investments [Line Items]
Carrying Amount of Equity Method Investments	The carrying amounts of equity method investments at December 31, 2015 and March 31, 2015 were as follows: December 31, Equity Method Investee Ownership Percentage December 31, March 31, (Amounts in thousands) EPIX 31.2% $ 153,745 $ 119,688 Pop 50.0% 93,085 91,683 Other (1) Various 27,718 22,831 $ 274,548 $ 234,202
Equity Method Investee, Income (Loss)	Equity interests in equity method investments for the three and nine months ended December 31, 2015 and 2014 were as follows (income (loss)): Three Months Ended Nine Months Ended December 31, December 31, Equity Method Investee 2015 2014 2015 2014 (Amounts in thousands) EPIX $ 12,826 $ 11,214 $ 34,055 $ 27,446 Pop (63 ) (1,115 ) 602 (4,663 ) Other (1) (1,937 ) 799 (5,294 ) 14,570 $ 10,826 $ 10,898 $ 29,363 $ 37,353 _________________________ (1) The Company records its share of the net income or loss of other equity method investments on a one quarter lag. Equity interest income from other equity method investments for the nine months ended December 31, 2014 includes a gain on sale of the Company's investment in FEARnet of $11.4 million
Available-for-sale Securities [Abstract]
Available-for-sale Securities	The cost basis, unrealized gains and fair market value of available-for-sale securities are set forth below: December 31, March 31, (Amounts in thousands) Cost basis $ 158,916 $ 158,916 Gross unrealized gain (loss) (1,177 ) 3,108 Fair value $ 157,739 $ 162,024
EPIX
Schedule of Equity Method Investments [Line Items]
Summarized Balance Sheet	The following table presents summarized balance sheet data as of December 31, 2015 and March 31, 2015 for EPIX: December 31, March 31, (Amounts in thousands) Current assets $ 304,263 $ 285,819 Non-current assets $ 353,169 $ 277,888 Current liabilities $ 95,000 $ 121,451 Non-current liabilities $ 21,426 $ 6,753
Summarized Statement of Operations	The following table presents the summarized statements of income for the three and nine months ended December 31, 2015 and 2014 for EPIX and a reconciliation of the net income reported by EPIX to equity interest income recorded by the Company: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Revenues $ 98,381 $ 101,124 $ 314,974 $ 288,424 Expenses: Operating expenses 56,476 59,224 189,566 178,690 Selling, general and administrative expenses 5,932 5,863 18,067 17,503 Operating income 35,973 36,037 107,341 92,231 Interest and other expense (376 ) (399 ) (1,777 ) (1,130 ) Net income $ 35,597 $ 35,638 $ 105,564 $ 91,101 Reconciliation of net income reported by EPIX to equity interest income: Net income reported by EPIX $ 35,597 $ 35,638 $ 105,564 $ 91,101 Ownership interest in EPIX 31.15 % 31.15 % 31.15 % 31.15 % The Company's share of net income 11,088 11,101 32,883 28,378 Eliminations of the Company’s share of profits on licensing sales to EPIX (1) (240 ) (1,935 ) (5,941 ) (7,007 ) Realization of the Company’s share of profits on licensing sales to EPIX (2) 1,978 2,048 7,113 6,075 Total equity interest income recorded $ 12,826 $ 11,214 $ 34,055 $ 27,446 _________________________ (1) Represents the elimination of the gross profit recognized by the Company on licensing sales to EPIX in proportion to the Company's ownership interest in EPIX. (2) Represents the realization of a portion of the profits previously eliminated. This profit remains eliminated until realized by EPIX. EPIX initially records the license fee for the title as inventory on its balance sheet and amortizes the inventory over the license period. Accordingly, the profit is realized as the inventory on EPIX's books is amortized.
Pop
Schedule of Equity Method Investments [Line Items]
Summarized Balance Sheet	The following table presents summarized balance sheet data as of December 31, 2015 and March 31, 2015 for Pop: December 31, March 31, (Amounts in thousands) Current assets $ 38,126 $ 32,815 Non-current assets $ 187,316 $ 187,985 Current liabilities $ 26,697 $ 26,048 Non-current liabilities $ 8,589 $ 7,196 Redeemable preferred stock $ 443,155 $ 399,247
Summarized Statement of Operations	The following table presents the summarized statements of operations for the three and nine months ended December 31, 2015 and 2014 for Pop and a reconciliation of the net loss reported by Pop to equity interest income (loss) recorded by the Company: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Revenues $ 22,481 $ 20,507 $ 63,872 $ 59,073 Expenses: Cost of services 10,880 8,645 28,171 26,938 Selling, marketing, and general and administration 9,940 11,934 28,540 34,527 Depreciation and amortization 1,940 1,928 5,829 5,866 Operating income (loss) (279 ) (2,000 ) 1,332 (8,258 ) Other expense — 6 — 391 Interest expense, net 120 160 334 551 Accretion of redeemable preferred stock units (1) 14,575 12,461 42,308 35,361 Total interest expense, net 14,695 12,627 42,642 36,303 Net loss $ (14,974 ) $ (14,627 ) $ (41,310 ) $ (44,561 ) Reconciliation of net loss reported by Pop to equity interest income (loss): Net loss reported by Pop $ (14,974 ) $ (14,627 ) $ (41,310 ) $ (44,561 ) Ownership interest in Pop 50 % 50 % 50 % 50 % The Company's share of net loss (7,487 ) (7,314 ) (20,655 ) (22,281 ) Accretion of dividend and interest income on redeemable preferred stock units (1) 7,287 6,231 21,154 17,681 Elimination of the Company's share of profits on licensing sales to Pop (424 ) — (774 ) (367 ) Realization of the Company’s share of profits on licensing sales to Pop 561 (32 ) 877 304 Total equity interest income (loss) recorded $ (63 ) $ (1,115 ) $ 602 $ (4,663 ) ___________________ (1) Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest income (loss).

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Dec. 31, 2015
Other Assets, Unclassified [Abstract]
Other Assets	The composition of the Company’s other assets is as follows as of December 31, 2015 and March 31, 2015 : December 31, March 31, (Amounts in thousands) Deferred financing costs, net of accumulated amortization $ 23,170 $ 28,060 Prepaid expenses and other 49,826 45,537 Finite-lived intangible assets 11,826 1,187 $ 84,822 $ 74,784
Finite-Lived Intangible Assets	Finite-lived intangibles consist primarily of noncompete agreements, trademarks and trade names, and sales agency relationships. The composition of the Company's finite-lived intangible assets and the associated accumulated amortization is as follows as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (Amounts in thousands) Finite-lived intangible assets: Noncompete agreements $ 9,300 $ 158 $ 9,142 $ — $ — $ — Trademarks and trade names 9,100 6,653 2,447 6,600 5,913 687 Sales agency relationships 6,200 5,963 237 6,200 5,700 500 $ 24,600 $ 12,774 $ 11,826 $ 12,800 $ 11,613 $ 1,187

Corporate Debt (Tables)

Corporate Debt (Tables)	9 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Carrying Values of Corporate Debt, Excluding Film Obligations and Production Loans	The total carrying values of corporate debt of the Company, excluding film obligations and production loans, were as follows as of December 31, 2015 and March 31, 2015 : December 31, March 31, (Amounts in thousands) Senior revolving credit facility $ — $ — 5.25% Senior Notes 225,000 225,000 Term Loan Due 2022 400,000 375,000 Convertible senior subordinated notes, net of unamortized discount of $2,342 (March 31, 2015 - $3,891) 99,508 114,126 $ 724,508 $ 714,126
Future Annual Contractual Principal Payment Commitments Under Corporate Debt	The following table sets forth future annual contractual principal payment commitments of corporate debt as of December 31, 2015 : Conversion Price Per Share at December 31, 2015 Maturity Date Year Ended March 31, Debt Type 2016 2017 2018 2019 2020 Thereafter Total (Amounts in thousands) Senior revolving credit facility N/A September 2017 $ — $ — $ — $ — $ — $ — $ — 5.25% Senior Notes N/A August 2018 — — — 225,000 — — 225,000 Term Loan Due 2022 N/A March 2022 — — — — — 400,000 400,000 Principal amounts of convertible senior subordinated notes: January 2012 4.00% Notes $10.30 January 2017 — 41,850 — — — — 41,850 April 2013 1.25% Notes $29.44 April 2018 — — — 60,000 — — 60,000 $ — $ 41,850 $ — $ 285,000 $ — $ 400,000 726,850 Less aggregate unamortized discount (2,342 ) $ 724,508
Convertible Senior Subordinated Notes Outstanding and Certain Key Terms	The following table sets forth the convertible senior subordinated notes outstanding and certain key terms of these notes at December 31, 2015 and March 31, 2015 : Maturity Date Conversion Price Per Share at December 31, 2015 December 31, 2015 March 31, 2015 Convertible Senior Subordinated Notes Principal Unamortized Discount Net Carrying Amount Principal Unamortized Discount Net Carrying Amount (Amounts in thousands) April 2009 3.625% Notes (1) N/A N/A $ — $ — $ — $ 16,167 $ — $ 16,167 January 2012 4.00% Notes January 11, 2017 $10.30 41,850 (2,342 ) 39,508 41,850 (3,891 ) 37,959 April 2013 1.25% Notes April 15, 2018 $29.44 60,000 — 60,000 60,000 — 60,000 $ 101,850 $ (2,342 ) $ 99,508 $ 118,017 $ (3,891 ) $ 114,126 __________________________ (1) On March 17, 2015, the April 2009 3.625% Notes were called for redemption and in April 2015, the holders of the notes converted substantially all of the outstanding principal amounts into common shares.
Conversions of Convertible Senior Subordinated Notes	The following conversions were completed with respect to the Company's convertible senior subordinated notes in the nine months ended December 31, 2015 and 2014 , which resulted in a loss on extinguishment of debt of $1.3 million in the nine months ended December 31, 2014 (2015 - none ): Nine Months Ended December 31, 2015 2014 (Amounts in thousands, except share amounts) April 2009 3.625% Notes Principal amount converted $ 16,162 $ 24,046 Common shares issued upon conversion 1,983,058 2,929,899 Weighted average conversion price per share $ 8.15 $ 8.21 October 2004 2.9375% Notes Principal amount converted $ — $ 99 Common shares issued upon conversion — 8,634 Weighted average conversion price per share $ — $ 8.23 Total Principal amount converted $ 16,162 $ 24,145 Common shares issued upon conversion 1,983,058 2,938,533 Weighted average conversion price per share $ 8.15 $ 8.22
Interest Expense on Convertible Senior Subordinated Notes	Interest expense recognized for the convertible senior subordinated notes for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Interest Expense Contractual interest coupon $ 606 $ 776 $ 1,761 $ 2,705 Amortization of discount on liability component and debt issuance costs 542 1,061 1,588 4,322 $ 1,148 $ 1,837 $ 3,349 $ 7,027

Film Obligations and Producti36

Film Obligations and Production Loans (Tables)	9 Months Ended
	Dec. 31, 2015
Film Obligations And Production Loans [Abstract]
Films Obligations And Production Loans	December 31, March 31, (Amounts in thousands) Film obligations $ 25,610 $ 55,811 Production loans 869,948 600,944 Total film obligations and production loans $ 895,558 $ 656,755
Future Annual Repayment of Film Obligations and Production Loans	The following table sets forth future annual repayment of film obligations and production loans as of December 31, 2015 : Three Months Ended March 31, Year Ended March 31, 2016 2017 2018 2019 2020 Thereafter Total (Amounts in thousands) Film obligations $ 20,831 $ 1,923 $ 2,000 $ 1,000 $ — $ — $ 25,754 Production loans 138,099 710,249 21,600 — — — 869,948 $ 158,930 $ 712,172 $ 23,600 $ 1,000 $ — $ — 895,702 Less imputed interest on film obligations (144 ) $ 895,558

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Assets and Liabilities Required to be Carried at Fair Value on a Recurring Basis	The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Level 1 Level 2 Total Level 1 Level 2 Total Assets: (Amounts in thousands) Available-for-sale securities (see Note 3): Starz Series A common stock $ 70,954 $ — $ 70,954 $ 72,882 $ — $ 72,882 Starz Series B common stock — 86,785 86,785 — 89,142 89,142 Forward exchange contracts (see Note 18) — 10,933 10,933 — 8,335 8,335 Liabilities: Forward exchange contracts (see Note 18) — (2,119 ) (2,119 ) — (2,024 ) (2,024 ) $ 70,954 $ 95,599 $ 166,553 $ 72,882 $ 95,453 $ 168,335
Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis	The following table sets forth the carrying values and fair values of the Company’s investment in Pop's mandatorily redeemable preferred stock units and outstanding debt at December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 (Amounts in thousands) Carrying Value Fair Value Carrying Value Fair Value (Level 3) (Level 3) Assets: Investment in Pop's Mandatorily Redeemable Preferred Stock Units $ 93,085 $ 110,000 $ 91,683 $ 110,000 Carrying Value Fair Value Carrying Value Fair Value (Level 2) (Level 2) Liabilities: April 2009 3.625% Notes $ — $ — $ 16,167 $ 16,167 January 2012 4.00% Notes 39,508 41,707 37,959 41,473 April 2013 1.25% Notes 60,000 53,218 60,000 53,241 Production loans 869,948 869,948 600,944 600,944 5.25% Senior Notes 225,000 231,750 225,000 233,438 Term Loan 400,000 396,500 375,000 375,938 $ 1,594,456 $ 1,593,123 $ 1,315,070 $ 1,321,201

Acquisition (Tables)

Acquisition (Tables)	9 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Purchase Price Allocation	Based on the preliminary valuation and other information currently available, the preliminary allocation of the purchase price, including the fair value of redeemable noncontrolling interest recognized, is as follows: Preliminary allocation of the total purchase consideration: (Amounts in thousands) Cash and cash equivalents $ 15,816 Accounts receivable, net 15,781 Investment in films and television programs, net 63,387 Other assets acquired 7,019 Finite-lived intangible assets: Noncompete agreements 9,300 Trade name 2,000 Other liabilities assumed (36,827 ) Fair value of net assets acquired 76,476 Goodwill 210,815 Redeemable noncontrolling interest (Note 10) (88,494 ) $ 198,797
Acquisition of Pilgrim Studios, Pro Forma Statement of Income Information	The statements of income information below includes the statements of income of Pilgrim Studios for the nine months ended September 30, 2015 and 2014 combined with the Company's statements of income for the nine months ended December 31, 2015 and 2014. Nine Months Ended December 31, 2015 2014 (Amounts in thousands, except per share amounts) Revenues $ 1,662,131 $ 1,857,099 Net income attributable to Lions Gate Entertainment Corp. shareholders $ 46,142 $ 162,007 Basic Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders $ 0.31 $ 1.16 Diluted Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders $ 0.30 $ 1.09 The unaudited pro forma condensed consolidated statements of income do not include adjustments for any restructuring activities, operating efficiencies or cost savings, and exclude certain one-time transactional costs of $7.7 million attributable to the noncontrolling shareholder (see Note 10) expensed in connection with the transaction, as well as $2.9 million of acquisition-related costs that were expensed in general and administrative expenses.
Goodwill by Reporting Segment	The changes in the carrying amount of goodwill by reporting segment in the nine months ended December 31, 2015 were as follows: Motion Pictures Television Production Total (Amounts in thousands) Balance as of March 31, 2015 $ 294,367 $ 28,961 $ 323,328 Acquisition of Pilgrim Studios — 210,815 210,815 Balance as of December 31, 2015 $ 294,367 $ 239,776 $ 534,143

Redeemable Noncontrolling Int39

Redeemable Noncontrolling Interest (Tables)	9 Months Ended
	Dec. 31, 2015
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	The table below presents the reconciliation of changes in redeemable noncontrolling interest: Nine Months Ended December 31, 2015 (Amounts in thousands) Beginning balance $ — Initial fair value of redeemable noncontrolling interest of Pilgrim Studios 88,494 Net loss of Pilgrim Studios attributable to noncontrolling interest (8,119 ) Noncontrolling interest discount accretion 681 Adjustments to redemption value 8,119 Ending balance $ 89,175

Net Income Per Share (Tables)

Net Income Per Share (Tables)	9 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Basic Net Income Per Common Share	Basic net income per share for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands, except per share amounts) Basic Net Income Per Common Share: Numerator: Net income attributable to Lions Gate Entertainment Corp. shareholders $ 40,717 $ 98,185 $ 39,332 $ 162,227 Denominator: Weighted average common shares outstanding 149,480 139,963 148,484 138,618 Basic net income per common share $ 0.27 $ 0.70 $ 0.26 $ 1.17
Diluted Net Income Per Common Share	Diluted net income per common share for the three and nine months ended December 31, 2015 and 2014 is presented below: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands, except per share amounts) Diluted Net Income Per Common Share: Numerator: Net income attributable to Lions Gate Entertainment Corp. shareholders $ 40,717 $ 98,185 $ 39,332 $ 162,227 Add: Interest on convertible notes, net of tax 729 1,163 328 4,456 Numerator for diluted net income per common share $ 41,446 $ 99,348 $ 39,660 $ 166,683 Denominator: Weighted average common shares outstanding 149,480 139,963 148,484 138,618 Effect of dilutive securities: Conversion of notes 6,084 8,360 2,117 9,995 Share purchase options 3,459 2,943 3,393 2,662 Restricted share units 389 447 418 441 Adjusted weighted average common shares outstanding 159,412 151,713 154,412 151,716 Diluted net income per common share $ 0.26 $ 0.65 $ 0.26 $ 1.10
Anti-dilutive Shares Issuable	For the three and nine months ended December 31, 2015 and 2014 , the outstanding common shares issuable presented below were excluded from diluted net income per common share because their inclusion would have had an anti-dilutive effect. Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Anti-dilutive shares issuable Conversion of notes — — 4,041 — Share purchase options 3,237 3,122 3,432 4,334 Restricted share units 57 97 81 144 Contingently issuable shares 541 298 390 286 Total weighted average anti-dilutive shares issuable excluded from diluted net income per common share 3,835 3,517 7,944 4,764

Capital Stock (Tables)

Capital Stock (Tables)	9 Months Ended
	Dec. 31, 2015
Equity and Share-based Compensation [Abstract]
Common Shares Reserved For Future Issuance	The table below outlines common shares reserved for future issuance: December 31, March 31, (Amounts in thousands) Stock options outstanding, average exercise price $24.60 (March 31, 2015 - $22.22) 14,899 12,215 Restricted share units — unvested 1,676 1,662 Share purchase options and restricted share units available for future issuance 2,885 7,163 Shares issuable upon conversion of April 2009 3.625% Notes at conversion price of $8.15 per share at March 31, 2015 — 1,984 Shares issuable upon conversion of January 2012 4.00% Notes at conversion price of $10.30 per share (March 31, 2015 - $10.38) 4,063 4,032 Shares issuable upon conversion of April 2013 1.25% Notes at conversion price of $29.44 per share (March 31, 2015 - $29.65) 2,038 2,024 Shares reserved for future issuance 25,561 29,080
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	The Company recognized the following share-based compensation expense during the three and nine months ended December 31, 2015 , and 2014 : Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Compensation Expense: Stock Options $ 6,322 $ 7,551 $ 25,845 $ 25,560 Restricted Share Units and Other Share-based Compensation 6,913 6,477 21,373 19,515 Share Appreciation Rights — 1,104 288 3,800 13,235 15,132 47,506 48,875 Impact of accelerated vesting on stock options and restricted share units (1) — — — 1,194 Total share-based compensation expense $ 13,235 $ 15,132 $ 47,506 $ 50,069 Tax impact (2) (4,853 ) (5,547 ) (17,420 ) (18,355 ) Reduction in net income $ 8,382 $ 9,585 $ 30,086 $ 31,714 ___________________ (1) Represents the impact of the acceleration of certain vesting schedules for stock options and restricted share units pursuant to the severance arrangements related to the integration of the marketing operations of the Company's Lionsgate and Summit film labels. (2) Represents the income tax benefit recognized in the statements of income for share-based compensation arrangements.
Schedule of Stock Option, Equity-Settled Share Appreciation Rights and Restricted Share Unit Activity	The following table sets forth the stock option, equity-settled share appreciation rights, and restricted share unit activity during the nine months ended December 31, 2015 : Stock Options Weighted-Average Exercise Price Restricted Share Units Weighted-Average Grant-Date Fair Value Outstanding at March 31, 2015 13,214,696 $21.26 1,662,028 $28.10 Granted 3,089,552 $32.75 1,282,319 $33.51 Options exercised or RSUs vested (635,183 ) $12.96 (1,235,455 ) $28.46 Forfeited or expired (8,429 ) $21.48 (32,897 ) $30.50 Outstanding at December 31, 2015 15,660,636 $23.86 1,675,995 $31.92

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Information By Business Unit	Segment information by business unit is as follows: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Segment revenues Motion Pictures $ 505,793 $ 590,072 $ 1,135,110 $ 1,320,012 Television Production 164,729 161,227 421,112 433,546 $ 670,522 $ 751,299 $ 1,556,222 $ 1,753,558 Direct operating expenses Motion Pictures $ 264,480 $ 260,309 $ 580,646 $ 583,792 Television Production 139,588 140,267 346,542 362,048 $ 404,068 $ 400,576 $ 927,188 $ 945,840 Distribution and marketing Motion Pictures $ 191,827 $ 162,884 $ 399,146 $ 396,587 Television Production 11,294 8,555 29,039 25,050 $ 203,121 $ 171,439 $ 428,185 $ 421,637 Gross segment contribution Motion Pictures $ 49,486 $ 166,879 $ 155,318 $ 339,633 Television Production 13,847 12,405 45,531 46,448 $ 63,333 $ 179,284 $ 200,849 $ 386,081 Segment general and administration Motion Pictures $ 18,874 $ 18,669 $ 55,841 $ 54,252 Television Production 4,401 3,172 13,260 10,081 $ 23,275 $ 21,841 $ 69,101 $ 64,333 Segment profit Motion Pictures $ 30,612 $ 148,210 $ 99,477 $ 285,381 Television Production 9,446 9,233 32,271 36,367 $ 40,058 $ 157,443 $ 131,748 $ 321,748
Reconciliation Of Total Segment Profit To The Company's Income (Loss) Before Income Taxes	The reconciliation of total segment profit to the Company’s income (loss) before income taxes is as follows: Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Company’s total segment profit $ 40,058 $ 157,443 $ 131,748 $ 321,748 Shared services and corporate expenses: Share-based compensation expense (13,235 ) (15,132 ) (47,506 ) (48,875 ) Restructuring and other items (1) (13,398 ) (766 ) (17,605 ) (7,008 ) Purchase accounting and related adjustments (2) (681 ) — (681 ) — Start-up costs of new business initiatives (3) (2,630 ) — (3,045 ) — Other shared services and corporate expenses (16,864 ) (23,668 ) (60,434 ) (66,759 ) Total shared services and corporate expenses (46,808 ) (39,566 ) (129,271 ) (122,642 ) Depreciation and amortization (2,970 ) (1,708 ) (7,320 ) (4,685 ) Operating income (loss) (9,720 ) 116,169 (4,843 ) 194,421 Interest expense (14,169 ) (13,551 ) (39,424 ) (39,594 ) Interest and other income 521 623 1,676 2,188 Loss on extinguishment of debt — (690 ) — (1,276 ) Equity interests income 10,826 10,898 29,363 37,353 Income (loss) before income taxes $ (12,542 ) $ 113,449 $ (13,228 ) $ 193,092 ___________________ (1) Restructuring and other items includes restructuring and severance costs, certain transaction related costs, and certain unusual items, when applicable. Amounts in the three and nine months ended December 31, 2015 represent professional fees associated with certain strategic transactions including, among others, the acquisition of Pilgrim Studios and certain shareholder transactions, the costs related to the move of our international sales and distribution organization to the United Kingdom, and certain transactional costs of $7.7 million of Pilgrim Studios attributable to the noncontrolling shareholder (see Note 9). Pursuant to the profit sharing provisions in the Pilgrim Studios operating agreement, the transactional costs of $7.7 million are included in net loss attributable to noncontrolling interest in the unaudited condensed consolidated statement of income and thus does not impact earnings per share attributable to Lions Gate Entertainment Corp. shareholders. In addition, amounts in the nine months ended December 31, 2015 include pension withdrawal costs of $2.7 million related to an underfunded multi-employer pension plan in which the Company is no longer participating. Amounts in the three and nine months ended December 31, 2014 primarily represent costs related to the move of our international sales and distribution organization to the United Kingdom. In addition, amounts in the nine months ended December 31, 2014 include severance costs associated with the integration of the marketing operations of the Company's Lionsgate and Summit film labels, of which approximately $1.2 million are non-cash charges resulting from the acceleration of vesting of stock awards (see Note 12). (2) Purchase accounting and related adjustments represent the charge for the accretion of the noncontrolling interest discount that is included in general and administrative expense (see Note 10). (3) Start-up costs of new business initiatives represent general and administrative expense associated with the Company's direct to consumer initiatives including its subscription video-on-demand platforms.
Reconciliation of Assets from Segment to Consolidated	The following table sets forth significant assets as broken down by segment and other unallocated assets as of December 31, 2015 and March 31, 2015 : December 31, 2015 March 31, 2015 Motion Pictures Television Production Total Motion Pictures Television Production Total (Amounts in thousands) Significant assets by segment Accounts receivable $ 458,694 $ 485,304 $ 943,998 $ 538,515 $ 353,365 $ 891,880 Investment in films and television programs, net 1,190,219 371,749 1,561,968 1,116,909 264,920 1,381,829 Goodwill 294,367 239,776 534,143 294,367 28,961 323,328 $ 1,943,280 $ 1,096,829 $ 3,040,109 $ 1,949,791 $ 647,246 $ 2,597,037 Other unallocated assets (primarily cash, other assets, and investments) 798,290 695,052 Total assets $ 3,838,399 $ 3,292,089
Acquisition of Investment in Films and Television Programs by Segment	The following table sets forth acquisition of investment in films and television programs as broken down by segment for the three and nine months ended December 31, 2015 and 2014 : Three Months Ended Nine Months Ended December 31, December 31, 2015 2014 2015 2014 (Amounts in thousands) Acquisition of investment in films and television programs Motion Pictures $ 140,114 $ 89,041 $ 504,536 $ 517,385 Television Production 95,671 87,409 266,719 298,084 $ 235,785 $ 176,450 $ 771,255 $ 815,469

Consolidating Financial Infor43

Consolidating Financial Information - Convertible Senior Subordinated Notes (Tables) - Convertible Senior Subordinated Notes	9 Months Ended
	Dec. 31, 2015
Consolidating Financial Information [Line Items]
Condensed Consolidating 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 ) — Redeemable noncontrolling interest — — — — — Total 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 December 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 $ 1,773 $ 51,230 $ 35,289 $ — $ 88,292 Restricted cash — 2,650 — — 2,650 Accounts receivable, net 664 1,607 941,727 — 943,998 Investment in films and television programs, net — 6,407 1,555,561 — 1,561,968 Property and equipment, net — 34,115 7,799 — 41,914 Investments 40,072 16,331 418,706 — 475,109 Goodwill 10,172 — 523,971 — 534,143 Other assets 7,535 59,555 23,262 (5,530 ) 84,822 Deferred tax assets 615 94,817 10,071 — 105,503 Subsidiary investments and advances 1,545,358 1,605,165 3,232,304 (6,382,827 ) — $ 1,606,189 $ 1,871,877 $ 6,748,690 $ (6,388,357 ) $ 3,838,399 Liabilities and Shareholders' Equity (Deficiency) Senior revolving credit facility $ — $ — $ — $ — $ — 5.25% Senior Notes 225,000 — — — 225,000 Term Loan 400,000 — — — 400,000 Accounts payable and accrued liabilities 25,815 71,765 230,248 — 327,828 Participations and residuals — 3,663 546,322 — 549,985 Film obligations and production loans — — 895,558 — 895,558 Convertible senior subordinated notes — 99,508 — — 99,508 Deferred revenue — 5,661 290,310 — 295,971 Intercompany payable — 1,955,839 2,489,183 (4,445,022 ) — Redeemable noncontrolling interest — — 89,175 — 89,175 Total shareholders' equity (deficiency) 955,374 (264,559 ) 2,207,894 (1,943,335 ) 955,374 $ 1,606,189 $ 1,871,877 $ 6,748,690 $ (6,388,357 ) $ 3,838,399
Condensed Consolidating Statement of Income	Nine Months Ended December 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 $ — $ 21,565 $ 1,732,520 $ (527 ) $ 1,753,558 EXPENSES: Direct operating 2 3,243 942,595 — 945,840 Distribution and marketing — 1,575 420,062 — 421,637 General and administration 2,383 115,942 69,010 (360 ) 186,975 Depreciation and amortization — 2,721 1,964 — 4,685 Total expenses 2,385 123,481 1,433,631 (360 ) 1,559,137 OPERATING INCOME (LOSS) (2,385 ) (101,916 ) 298,889 (167 ) 194,421 Other expenses (income): Interest expense 25,919 138,139 96,941 (221,405 ) 39,594 Interest and other income (126,019 ) (2,766 ) (94,457 ) 221,054 (2,188 ) Loss on extinguishment of debt — 1,276 — — 1,276 Total other expenses (income) (100,100 ) 136,649 2,484 (351 ) 38,682 INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES 97,715 (238,565 ) 296,405 184 155,739 Equity interests income (loss) 66,045 317,176 37,224 (383,092 ) 37,353 INCOME (LOSS) BEFORE INCOME TAXES 163,760 78,611 333,629 (382,908 ) 193,092 Income tax provision (benefit) 1,533 12,566 52,982 (36,216 ) 30,865 NET INCOME (LOSS) 162,227 66,045 280,647 (346,692 ) 162,227 Less: Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 162,227 $ 66,045 $ 280,647 $ (346,692 ) $ 162,227 Nine Months Ended December 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 $ — $ 15,709 $ 1,540,947 $ (434 ) $ 1,556,222 EXPENSES: Direct operating 572 33 926,583 — 927,188 Distribution and marketing — 5,982 422,203 — 428,185 General and administration 5,849 109,519 84,266 (1,262 ) 198,372 Depreciation and amortization — 5,906 1,414 — 7,320 Total expenses 6,421 121,440 1,434,466 (1,262 ) 1,561,065 OPERATING INCOME (LOSS) (6,421 ) (105,731 ) 106,481 828 (4,843 ) Other expenses (income): Interest expense 28,025 163,552 128,319 (280,472 ) 39,424 Interest and other income (154,398 ) (165 ) (127,200 ) 280,087 (1,676 ) Total other expenses (income) (126,373 ) 163,387 1,119 (385 ) 37,748 INCOME (LOSS) BEFORE EQUITY INTERESTS AND INCOME TAXES 119,952 (269,118 ) 105,362 1,213 (42,591 ) Equity interests income (loss) (81,059 ) 185,971 30,875 (106,424 ) 29,363 INCOME (LOSS) BEFORE INCOME TAXES 38,893 (83,147 ) 136,237 (105,211 ) (13,228 ) Income tax provision (benefit) (439 ) (45,672 ) 53,941 (52,271 ) (44,441 ) NET INCOME (LOSS) 39,332 (37,475 ) 82,296 (52,940 ) 31,213 Less: Net loss attributable to noncontrolling interest — — — 8,119 8,119 Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 39,332 $ (37,475 ) $ 82,296 $ (44,821 ) $ 39,332
Condensed Consolidating Statement of Comprehensive Income	Nine Months Ended December 31, 2014 Lions Gate Entertainment Corp. Lions Gate Entertainment Inc. Non-guarantor Subsidiaries Consolidating Adjustments Lions Gate Consolidated STATEMENT OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands) NET INCOME (LOSS) 162,227 66,045 280,647 (346,692 ) 162,227 Foreign currency translation adjustments, net of tax (3,473 ) (4,383 ) (1,301 ) 4,991 (4,166 ) Net unrealized gain on foreign exchange contracts, net of tax — — 693 — 693 COMPREHENSIVE INCOME (LOSS) $ 158,754 $ 61,662 $ 280,039 $ (341,701 ) $ 158,754 Less: Comprehensive loss attributable to noncontrolling interest — — — — — Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 158,754 $ 61,662 $ 280,039 $ (341,701 ) $ 158,754 Nine Months Ended December 31, 2015 Lions Gate Entertainment Corp. Lions Gate Entertainment Inc. Non-guarantor Subsidiaries Consolidating Adjustments Lions Gate Consolidated STATEMENT OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands) NET INCOME (LOSS) 39,332 (37,475 ) 82,296 (52,940 ) 31,213 Foreign currency translation adjustments, net of tax (1,440 ) (3,876 ) (3,698 ) 9,600 586 Net unrealized loss on available-for-sale securities, net of tax of $557 — — (3,728 ) — (3,728 ) Net unrealized gain on foreign exchange contracts, net of tax — — 1,702 — 1,702 COMPREHENSIVE INCOME (LOSS) 37,892 (41,351 ) 76,572 (43,340 ) 29,773 Less: Comprehensive loss attributable to noncontrolling interest — — — 8,119 8,119 Comprehensive income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ 37,892 $ (41,351 ) $ 76,572 $ (35,221 ) $ 37,892
Condensed Consolidating Statement of Cash Flows	Nine Months Ended December 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 $ 25,021 $ 18,047 $ (153,619 ) $ — $ (110,551 ) INVESTING ACTIVITIES: Investment in equity method investees — — (3,954 ) — (3,954 ) Purchase of Pilgrim Studios, net of cash acquired of $15,816 — — (126,892 ) — (126,892 ) Purchases of other investments — (750 ) — — (750 ) Purchases of property and equipment — (13,352 ) (328 ) — (13,680 ) NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES — (14,102 ) (131,174 ) — (145,276 ) FINANCING ACTIVITIES: Senior revolving credit facility - borrowings 238,000 — — — 238,000 Senior revolving credit facility - repayments (238,000 ) — — — (238,000 ) Term Loan - borrowings, net of deferred financing costs of $964 24,036 — — — 24,036 Convertible senior subordinated notes - repurchases — (5 ) — — (5 ) Production loans - borrowings — — 509,569 — 509,569 Production loans - repayments — — (240,565 ) — (240,565 ) Dividends paid (33,927 ) — — — (33,927 ) Excess tax benefits on equity-based compensation awards — — — — — Exercise of stock options 6,007 — — — 6,007 Tax withholding required on equity awards (22,871 ) — — — (22,871 ) NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES (26,755 ) (5 ) 269,004 — 242,244 NET CHANGE IN CASH AND CASH EQUIVALENTS (1,734 ) 3,940 (15,789 ) — (13,583 ) FOREIGN EXCHANGE EFFECTS ON CASH 8 — (830 ) — (822 ) CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD 3,499 47,290 51,908 — 102,697 CASH AND CASH EQUIVALENTS — END OF PERIOD $ 1,773 $ 51,230 $ 35,289 $ — $ 88,292 Nine Months Ended December 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 $ 93,761 $ 16,210 $ (273,012 ) $ — $ (163,041 ) INVESTING ACTIVITIES: Proceeds from the sale of equity method investees — — 14,575 — 14,575 Investment in equity method investees — (2,150 ) (12,600 ) — (14,750 ) Purchases of other investments — (2,000 ) — — (2,000 ) Purchases of property and equipment — (9,309 ) (1,984 ) — (11,293 ) NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES — (13,459 ) (9 ) — (13,468 ) FINANCING ACTIVITIES: Senior revolving credit facility - borrowings 681,500 — — — 681,500 Senior revolving credit facility - repayments (618,619 ) — — — (618,619 ) Convertible senior subordinated notes - repurchases — (16 ) — — (16 ) Production loans - borrowings — — 533,781 — 533,781 Production loans - repayments — — (261,868 ) — (261,868 ) Repurchase of common shares (129,859 ) — — — (129,859 ) Dividends paid (23,536 ) — — — (23,536 ) Excess tax benefits on equity-based compensation awards — 6,767 — — 6,767 Exercise of stock options 4,404 — — — 4,404 Tax withholding required on equity awards (14,939 ) — — — (14,939 ) NET CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES (101,049 ) 6,751 271,913 — 177,615 NET CHANGE IN CASH AND CASH EQUIVALENTS (7,288 ) 9,502 (1,108 ) — 1,106 FOREIGN EXCHANGE EFFECTS ON CASH (1 ) — 2,089 — 2,088 CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD 8,128 5,999 11,565 — 25,692 CASH AND CASH EQUIVALENTS — END OF PERIOD $ 839 $ 15,501 $ 12,546 $ — $ 28,886

Derivative Instruments and He44

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Forward Foreign Exchange Contracts	As of December 31, 2015 , the Company had the following outstanding forward foreign exchange contracts (all outstanding contracts have maturities of less than 11 months from December 31, 2015 ): December 31, 2015 Foreign Currency Foreign Currency Amount US Dollar Amount Weighted Average Exchange Rate Per $1 USD (Amounts in millions) (Amounts in millions) British Pound Sterling £0.9 in exchange for $1.0 £0.93 Australian Dollar A$56.8 in exchange for $50.6 A$1.12 Euro €3.4 in exchange for $3.8 €0.89 Canadian Dollar C$49.2 in exchange for $37.5 C$1.31

Supplementary Cash Flow State45

Supplementary Cash Flow Statement Information (Tables)	9 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental Schedule of Non-Cash Investing and Financing Activities	The supplemental schedule of non-cash investing and financing activities for the nine months ended December 31, 2015 and 2014 is presented below. Nine Months Ended December 31, 2015 2014 (Amounts in thousands) Non-cash investing activities: Issuance of common shares related to Pilgrim Studios acquisition (see Note 9) $ 56,089 $ — Non-cash financing activities: Accrued dividends (see Note 12) $ 13,360 $ 9,817 Accrued share repurchases $ — $ 2,106 Conversions of convertible senior subordinated notes (see Note 5) $ 16,162 $ 24,145

Investment In Films And Telev46

Investment In Films And Television Programs (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Investment In Films And Television Programs [Abstract]
Percentage of unamortized film costs, one year			49.00%
Percentage of unamortized film costs, three years			81.00%
Fair value film write-downs	$ 3.1	$ 13.5	$ 11.6	$ 16.9

Investment In Films And Telev47

Investment In Films And Television Programs (Schedule of Investment In Films And Television Programs) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Investment in Films and Television Programs [Line Items]
Total investment in film and television programs	$ 1,561,968	$ 1,381,829
Motion Pictures | Theatrical And Non-Theatrical Films
Investment in Films and Television Programs [Line Items]
Released, net of accumulated amortization	526,903	507,628
Acquired libraries, net of accumulated amortization	5,134	9,357
Completed and not released	21,835	76,968
In progress	583,493	478,879
In development	33,644	21,054
Product inventory	19,210	23,023
Total investment in film and television programs	1,190,219	1,116,909
Television Production | Direct-to-Television Programs
Investment in Films and Television Programs [Line Items]
Released, net of accumulated amortization	208,322	231,470
In progress	158,270	28,585
In development	5,157	4,865
Total investment in film and television programs	$ 371,749	$ 264,920

Investments (Investments by Cat

Investments (Investments by Category) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Equity Method Investments, Cost Method Investments, and Investments in Debt and Equity [Abstract]
Equity method investments	$ 274,548	$ 234,202
Available-for-sale securities	157,739	162,024
Cost method investments	42,822	42,072
Investments	$ 475,109	$ 438,298

Investments (Carrying Amount Of

Investments (Carrying Amount Of Equity Method Investments) (Details) - USD ($) $ in Thousands		Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Equity method investments		$ 274,548	$ 234,202
EPIX
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		31.15%		31.15%
Equity method investments		$ 153,745	119,688
Pop
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		50.00%		50.00%
Equity method investments		$ 93,085	91,683
Other
Schedule of Equity Method Investments [Line Items]
Equity method investments	[1]	$ 27,718	$ 22,831
[1]	The Company records its share of the net income or loss of other equity method investments on a one quarter lag. Equity interest income from other equity method investments for the nine months ended December 31, 2014 includes a gain on sale of the Company's investment in FEARnet of $11.4 million.

Investments (Equity Method Inve

Investments (Equity Method Investee, Income (Loss)) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Equity interests income		$ 10,826	$ 10,898	$ 29,363	$ 37,353
EPIX
Schedule of Equity Method Investments [Line Items]
Equity interests income		12,826	11,214	34,055	27,446
Pop
Schedule of Equity Method Investments [Line Items]
Equity interests income		(63)	(1,115)	602	(4,663)
Other
Schedule of Equity Method Investments [Line Items]
Equity interests income	[1]	$ (1,937)	$ 799	$ (5,294)	14,570
FEARnet
Schedule of Equity Method Investments [Line Items]
Gain on sale of equity method investee					$ 11,400
[1]	The Company records its share of the net income or loss of other equity method investments on a one quarter lag. Equity interest income from other equity method investments for the nine months ended December 31, 2014 includes a gain on sale of the Company's investment in FEARnet of $11.4 million.

Investments (Equity Method In51

Investments (Equity Method Investments Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended	30 Months Ended	63 Months Ended	93 Months Ended
	Jan. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015	Sep. 30, 2010	Dec. 31, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee				$ 3,954	$ 14,750
Cash acquired from consolidation				15,816
Equity method investments		$ 274,548		274,548		$ 234,202		$ 274,548	$ 274,548
EPIX
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee							$ 80,400	$ 0
Equity method investment distributions received		$ 0	$ 0	$ 0	$ 7,800				$ 28,000
Equity method investment, ownership percentage		31.15%	31.15%	31.15%	31.15%			31.15%	31.15%
Equity method investments		$ 153,745		$ 153,745		119,688		$ 153,745	$ 153,745
Pop
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee		$ 0	$ 0	$ 800	$ 10,500
Ownership interest percentage after call option, partner in equity method investment		80.00%		80.00%				80.00%	80.00%
Call option, period exercisable beginning March 26, 2018				30 days
Equity method investment, ownership percentage		50.00%	50.00%	50.00%	50.00%			50.00%	50.00%
Equity method investments		$ 93,085		$ 93,085		91,683		$ 93,085	$ 93,085
Defy Media
Schedule of Equity Method Investments [Line Items]
Effective economic interest in Defy Media		16.00%		16.00%				16.00%	16.00%
Roadside Attractions
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		43.00%		43.00%				43.00%	43.00%
Pantelion Films
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		49.00%		49.00%				49.00%	49.00%
Atom Tickets
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee						4,300
Equity method investment, ownership percentage		20.10%		20.10%				20.10%	20.10%
Tribeca Short List
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee				$ 2,400		$ 2,100
Cash acquired from consolidation				$ 400
Equity method investment, ownership percentage		75.00%		75.00%				75.00%	75.00%
Redeemable Preferred Stock | Pop
Schedule of Equity Method Investments [Line Items]
Rate of dividend on preferred stock				10.00%
Total accretion period to redemption date of mandatorily redeemable preferred stock units and dividend				10 years
Subsequent Event | Atom Tickets
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee	$ 7,900

Investments (Summarized Balance

Investments (Summarized Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
EPIX
Schedule of Equity Method Investments [Line Items]
Current assets	$ 304,263	$ 285,819
Non-current assets	353,169	277,888
Current liabilities	95,000	121,451
Non-current liabilities	21,426	6,753
Pop
Schedule of Equity Method Investments [Line Items]
Current assets	38,126	32,815
Non-current assets	187,316	187,985
Current liabilities	26,697	26,048
Non-current liabilities	8,589	7,196
Redeemable preferred stock	$ 443,155	$ 399,247

Investments (Summarized Stateme

Investments (Summarized Statement Of Operations) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of net income (loss) reported by investee to equity interest income (loss):
Total equity interest income (loss) recorded		$ 10,826	$ 10,898	$ 29,363	$ 37,353
EPIX
Schedule of Equity Method Investments [Line Items]
Revenues		98,381	101,124	314,974	288,424
Expenses:
Operating expenses		56,476	59,224	189,566	178,690
Selling, marketing, general and administrative expenses		5,932	5,863	18,067	17,503
Operating income (loss)		35,973	36,037	107,341	92,231
Interest and other income (expense)		(376)	(399)	(1,777)	(1,130)
Reconciliation of net income (loss) reported by investee to equity interest income (loss):
Net income (loss)		$ 35,597	$ 35,638	$ 105,564	$ 91,101
Ownership interest in investee		31.15%	31.15%	31.15%	31.15%
The Company's share of net income (loss)		$ 11,088	$ 11,101	$ 32,883	$ 28,378
Eliminations of the Company's share of profits on licensing sales to investee	[1]	(240)	(1,935)	(5,941)	(7,007)
Realization of the Company's share of profits on licensing sales to investee	[2]	1,978	2,048	7,113	6,075
Total equity interest income (loss) recorded		12,826	11,214	34,055	27,446
Pop
Schedule of Equity Method Investments [Line Items]
Revenues		22,481	20,507	63,872	59,073
Expenses:
Cost of services		10,880	8,645	28,171	26,938
Selling, marketing, general and administrative expenses		9,940	11,934	28,540	34,527
Depreciation and amortization		1,940	1,928	5,829	5,866
Operating income (loss)		(279)	(2,000)	1,332	(8,258)
Other (income) expense		0	6	0	391
Interest expense, net		120	160	334	551
Accretion of redeemable preferred stock units	[3]	14,575	12,461	42,308	35,361
Total interest expense, net		14,695	12,627	42,642	36,303
Reconciliation of net income (loss) reported by investee to equity interest income (loss):
Net income (loss)		$ (14,974)	$ (14,627)	$ (41,310)	$ (44,561)
Ownership interest in investee		50.00%	50.00%	50.00%	50.00%
The Company's share of net income (loss)		$ (7,487)	$ (7,314)	$ (20,655)	$ (22,281)
Accretion of dividend and interest income on redeemable preferred stock units	[3]	7,287	6,231	21,154	17,681
Eliminations of the Company's share of profits on licensing sales to investee		(424)	0	(774)	(367)
Realization of the Company's share of profits on licensing sales to investee		561	(32)	877	304
Total equity interest income (loss) recorded		$ (63)	$ (1,115)	$ 602	$ (4,663)
[1]	Represents the elimination of the gross profit recognized by the Company on licensing sales to EPIX in proportion to the Company's ownership interest in EPIX.
[2]	Represents the realization of a portion of the profits previously eliminated. This profit remains eliminated until realized by EPIX. EPIX initially records the license fee for the title as inventory on its balance sheet and amortizes the inventory over the license period. Accordingly, the profit is realized as the inventory on EPIX's books is amortized.
[3]	Accretion of mandatorily redeemable preferred stock units represents Pop's 10% dividend and the amortization of discount on its mandatorily redeemable preferred stock units held by the Company and the other interest holder. The Company recorded its share of this expense as income from the accretion of dividend and discount on mandatorily redeemable preferred stock units within equity interest income (loss).

Investments (Available-for-sale

Investments (Available-for-sale Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Available-for-sale Equity Securities, Amortized Cost Basis [Abstract]
Cost basis	$ 158,916	$ 158,916
Gross unrealized gain (loss)	(1,177)	3,108
Fair value	$ 157,739	$ 162,024

Investments (Available-for-sa55

Investments (Available-for-sale Narrative) (Details) - USD ($) $ in Thousands	Mar. 27, 2015	Feb. 03, 2016	Dec. 31, 2015	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Fair value			$ 157,739	$ 162,024
Cost basis			$ 158,916	$ 158,916
Starz
Schedule of Available-for-sale Securities [Line Items]
Issuance of common shares related to investments, shares	4,967,695
Series A Common Stock | Starz
Schedule of Available-for-sale Securities [Line Items]
Shares received in exchange (in shares)	2,118,038
Series B Common Stock | Starz
Schedule of Available-for-sale Securities [Line Items]
Shares received in exchange (in shares)	2,590,597
Subsequent Event | Starz
Schedule of Available-for-sale Securities [Line Items]
Fair value		$ 137,400
Cost basis		$ 158,900

Investments (Cost Method Invest

Investments (Cost Method Investments) (Details) - USD ($) $ in Millions	1 Months Ended		3 Months Ended
	Feb. 28, 2015	Jul. 31, 2014	Dec. 31, 2015
Telltale
Schedule of Cost-method Investments [Line Items]
Cost method investments, amount invested	$ 40
Payments to acquire cost method investments	$ 28
Cost method investments, ownership percentage			14.00%
Shares issued to purchase cost method investment (in shares)	361,229
Value of shares issued to purchase cost method investment	$ 12
Next Games
Schedule of Cost-method Investments [Line Items]
Payments to acquire cost method investments		$ 2	$ 0.2
Common Stock | Telltale
Schedule of Cost-method Investments [Line Items]
Shares received (in shares)	1,126,316
Convertible Preferred Stock | Series D Convertible Preferred Stock | Telltale
Schedule of Cost-method Investments [Line Items]
Shares received (in shares)	2,628,072

Other Assets (Narrative) (Detai

Other Assets (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 0.8	$ 0.5	$ 1.6	$ 1.4
Estimated remaining amortization expense, year ended March 31, 2016	0.6		0.6
Estimated amortization expense, year ended March 31, 2017	1.6		1.6
Estimated amortization expense, year ended March 31, 2018	1.2		1.2
Estimated amortization expense, year ended March 31, 2019	1.2		1.2
Estimated amortization expense, year ended March 31, 2020	$ 1.2		$ 1.2

Other Assets (Composition Of Ot

Other Assets (Composition Of Other Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Other Assets, Unclassified [Abstract]
Deferred financing costs, net of accumulated amortization	$ 23,170	$ 28,060
Prepaid expenses and other	49,826	45,537
Finite-lived intangible assets	11,826	1,187
Total other assets	$ 84,822	$ 74,784

Other Assets (Finite-Lived Inta

Other Assets (Finite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 24,600	$ 12,800
Accumulated Amortization	12,774	11,613
Net Carrying Amount	11,826	1,187
Noncompete agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,300	0
Accumulated Amortization	158	0
Net Carrying Amount	9,142	0
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,100	6,600
Accumulated Amortization	6,653	5,913
Net Carrying Amount	2,447	687
Sales agency relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,200	6,200
Accumulated Amortization	5,963	5,700
Net Carrying Amount	$ 237	$ 500

Corporate Debt (Narrative - Sen

Corporate Debt (Narrative - Senior Revolving Credit Facility) (Details) - USD ($) $ in Millions	9 Months Ended
	Dec. 31, 2015	Mar. 31, 2015
Senior Revolving Credit Facility
Line of Credit Facility [Abstract]
Senior revolving credit facility, available amount	$ 800	$ 800
Senior revolving credit facility, maximum borrowing capacity	$ 800
Change in control, trigger percentage	50.00%
Letter of Credit
Line of Credit Facility [Abstract]
Letters of credit outstanding, amount	$ 0	$ 0
Minimum | Senior Revolving Credit Facility
Line of Credit Facility [Abstract]
Senior revolving credit facility, commitment fee annual percentage	0.375%
Maximum | Senior Revolving Credit Facility
Line of Credit Facility [Abstract]
Senior revolving credit facility, commitment fee annual percentage	0.50%
Base Rate | Senior Revolving Credit Facility
Line of Credit Facility [Abstract]
Basis spread on variable interest rate	1.50%
LIBOR | Senior Revolving Credit Facility
Line of Credit Facility [Abstract]
Basis spread on variable interest rate	2.50%

Corporate Debt (Narrative - 5.2

Corporate Debt (Narrative - 5.25% Senior Notes and Term Loan Due 2022) (Details) - USD ($) $ in Thousands	Mar. 17, 2015	Dec. 31, 2015	May. 31, 2015	Mar. 31, 2015	Jul. 19, 2013
Debt Instrument [Line Items]
Carrying value of debt outstanding		$ 724,508		$ 714,126
5.25% Senior Notes | Senior Secured Second-Priority Notes
Debt Instrument [Line Items]
Coupon rate		5.25%		5.25%
Principal amount of notes					$ 225,000
Carrying value of debt outstanding		$ 225,000		$ 225,000
Term Loan Due 2022 | Term Loan
Debt Instrument [Line Items]
Coupon rate		5.00%
Carrying value of debt outstanding	$ 375,000	$ 400,000	$ 25,000	$ 375,000
Term Loan Due 2020 | Term Loan
Debt Instrument [Line Items]
Principal amount of notes	$ 225,000
Term Loan Due 2020 | LIBOR | Term Loan
Debt Instrument [Line Items]
Interest rate floor	1.00%
Basis spread on variable interest rate	4.00%

Corporate Debt (Narrative - Con

Corporate Debt (Narrative - Convertible Senior Subordinated Notes) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015	Apr. 30, 2013	Jan. 31, 2012
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 0	$ 690	$ 0	$ 1,276
Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Loss on extinguishment of debt				$ 1,276
Convertible Senior Subordinated Notes | April 2009 Notes
Debt Instrument [Line Items]
Coupon rate	3.625%	3.625%	3.625%	3.625%	3.625%
Convertible Senior Subordinated Notes | January 2012 Notes
Debt Instrument [Line Items]
Coupon rate	4.00%		4.00%
Principal amount of notes							$ 45,000
Equity component							$ 10,100
Effective interest rate of liability component	9.56%		9.56%
Convertible Senior Subordinated Notes | April 2013 Notes
Debt Instrument [Line Items]
Coupon rate	1.25%		1.25%
Principal amount of notes						$ 60,000

Corporate Debt (Carrying Values

Corporate Debt (Carrying Values of Corporate Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	May. 31, 2015	Mar. 31, 2015	Mar. 17, 2015
Debt Instrument [Line Items]
Senior revolving credit facility	$ 0		$ 0
Corporate debt	724,508		714,126
Unamortized discount	2,342
Senior Revolving Credit Facility
Debt Instrument [Line Items]
Senior revolving credit facility	0		0
Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Senior revolving credit facility	0		0
Corporate debt	99,508		114,126
Unamortized discount	2,342		3,891
5.25% Senior Notes | Senior Secured Second-Priority Notes
Debt Instrument [Line Items]
Corporate debt	$ 225,000		$ 225,000
Coupon rate	5.25%		5.25%
Term Loan Due 2022 | Term Loan
Debt Instrument [Line Items]
Corporate debt	$ 400,000	$ 25,000	$ 375,000	$ 375,000
Coupon rate	5.00%

Corporate Debt (Future Annual C

Corporate Debt (Future Annual Contractual Principal Payment Commitments) (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2015	May. 31, 2015	Mar. 31, 2015	Mar. 17, 2015
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	$ 0
Year Ended March 31, 2017	41,850
Year Ended March 31, 2018	0
Year Ended March 31, 2019	285,000
Year Ended March 31, 2020	0
Thereafter	400,000
Total	726,850
Less aggregate unamortized discount	(2,342)
Carrying value of debt outstanding	724,508		$ 714,126
Senior Revolving Credit Facility
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	0
Year Ended March 31, 2017	0
Year Ended March 31, 2018	0
Year Ended March 31, 2019	0
Year Ended March 31, 2020	0
Thereafter	0
Total	0
Convertible Senior Subordinated Notes
Long-term Debt, Fiscal Year Maturity [Abstract]
Total	101,850		118,017
Less aggregate unamortized discount	(2,342)		(3,891)
Carrying value of debt outstanding	99,508		114,126
5.25% Senior Notes | Senior Secured Second-Priority Notes
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	0
Year Ended March 31, 2017	0
Year Ended March 31, 2018	0
Year Ended March 31, 2019	225,000
Year Ended March 31, 2020	0
Thereafter	0
Total	225,000
Carrying value of debt outstanding	$ 225,000		$ 225,000
Coupon rate	5.25%		5.25%
Term Loan Due 2022 | Term Loan
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	$ 0
Year Ended March 31, 2017	0
Year Ended March 31, 2018	0
Year Ended March 31, 2019	0
Year Ended March 31, 2020	0
Thereafter	400,000
Total	400,000
Carrying value of debt outstanding	$ 400,000	$ 25,000	$ 375,000	$ 375,000
Coupon rate	5.00%
January 2012 Notes | Convertible Senior Subordinated Notes
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	$ 0
Year Ended March 31, 2017	41,850
Year Ended March 31, 2018	0
Year Ended March 31, 2019	0
Year Ended March 31, 2020	0
Thereafter	0
Total	41,850		41,850
Less aggregate unamortized discount	(2,342)		(3,891)
Carrying value of debt outstanding	$ 39,508		37,959
Conversion price per share (in usd per share)	$ 10.30
Coupon rate	4.00%
April 2013 Notes | Convertible Senior Subordinated Notes
Long-term Debt, Fiscal Year Maturity [Abstract]
Year Ended March 31, 2016	$ 0
Year Ended March 31, 2017	0
Year Ended March 31, 2018	0
Year Ended March 31, 2019	60,000
Year Ended March 31, 2020	0
Thereafter	0
Total	60,000		60,000
Less aggregate unamortized discount	0		0
Carrying value of debt outstanding	$ 60,000		$ 60,000
Conversion price per share (in usd per share)	$ 29.44
Coupon rate	1.25%

Corporate Debt (Convertible Sen

Corporate Debt (Convertible Senior Subordinated Notes Outstanding and Certain Key Terms) (Details) - USD ($) $ / shares in Units, $ in Thousands		Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Principal amount of debt outstanding		$ 726,850
Unamortized Discount		(2,342)
Net carrying amount		724,508	$ 714,126
Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount of debt outstanding		101,850	118,017
Unamortized Discount		(2,342)	(3,891)
Net carrying amount		99,508	114,126
April 2009 Notes | Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount of debt outstanding	[1]	0	16,167
Unamortized Discount	[1]	0	0
Net carrying amount	[1]	$ 0	$ 16,167
Coupon rate		3.625%	3.625%	3.625%
January 2012 Notes | Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount of debt outstanding		$ 41,850	$ 41,850
Unamortized Discount		(2,342)	(3,891)
Net carrying amount		$ 39,508	37,959
Coupon rate		4.00%
Conversion price per share (in usd per share)		$ 10.30
April 2013 Notes | Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount of debt outstanding		$ 60,000	60,000
Unamortized Discount		0	0
Net carrying amount		$ 60,000	$ 60,000
Coupon rate		1.25%
Conversion price per share (in usd per share)		$ 29.44
[1]	On March 17, 2015, the April 2009 3.625% Notes were called for redemption and in April 2015, the holders of the notes converted substantially all of the outstanding principal amounts into common shares.

Corporate Debt (Conversions of

Corporate Debt (Conversions of Convertible Senior Subordinated Notes) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Debt Instrument [Line Items]
Principal amount converted	$ 16,162	$ 24,145
Convertible Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount converted	$ 16,162	$ 24,145
Common shares issued upon conversion (in shares)	1,983,058	2,938,533
Weighted average conversion price per share (in usd per share)	$ 8.15	$ 8.22
Convertible Senior Subordinated Notes | April 2009 Notes
Debt Instrument [Line Items]
Principal amount converted	$ 16,162	$ 24,046
Common shares issued upon conversion (in shares)	1,983,058	2,929,899
Weighted average conversion price per share (in usd per share)	$ 8.15	$ 8.21
Coupon rate	3.625%	3.625%	3.625%
Convertible Senior Subordinated Notes | October 2004 Notes
Debt Instrument [Line Items]
Principal amount converted	$ 0	$ 99
Common shares issued upon conversion (in shares)	0	8,634
Weighted average conversion price per share (in usd per share)	$ 0	$ 8.23
Coupon rate	2.9375%	2.9375%

Corporate Debt (Interest Expens

Corporate Debt (Interest Expense) (Details) - Convertible Senior Subordinated Notes - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Contractual interest coupon	$ 606	$ 776	$ 1,761	$ 2,705
Amortization of discount on liability component and debt issuance costs	542	1,061	1,588	4,322
Interest expense, total	$ 1,148	$ 1,837	$ 3,349	$ 7,027

Participations and Residuals (N

Participations and Residuals (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Dec. 31, 2015	Mar. 31, 2015
Participations And Residuals [abstract]
Percentage of accrued participations and residuals payable within one year	72.00%
Contribution of TIK Films, in general, subject to certain limitations	25.00%
Theatrical slate participation arrangement, length of term ending January 23, 2018	3 years
Theatrical slate participation arrangement, amount payable to TIK Films	$ 33.5	$ 13.6

Film Obligations and Producti69

Film Obligations and Production Loans (Narrative) (Details) - Production Loans	9 Months Ended
	Dec. 31, 2015
Interest rate range, minimum	3.35%
Interest rate range, maximum	3.85%

Film Obligations and Producti70

Film Obligations and Production Loans (Film Obligations And Production Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Film obligations	$ 25,610	$ 55,811
Production loans	869,948	600,944
Total film obligations and production loans	$ 895,558	$ 656,755

Film Obligations and Producti71

Film Obligations and Production Loans (Future Annual Repayment of Film Obligations And Production Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Future Annual Repayment Of Film Obligations And Production Loans
Three Months Ended March 31, 2016	$ 158,930
Year Ended March 31, 2017	712,172
Year Ended March 31, 2018	23,600
Year Ended March 31, 2019	1,000
Year Ended March 31, 2020	0
Thereafter	0
Total	895,702
Less imputed interest on film obligations	(144)
Total film obligations and production loans	895,558	$ 656,755
Film Obligations
Future Annual Repayment Of Film Obligations And Production Loans
Three Months Ended March 31, 2016	20,831
Year Ended March 31, 2017	1,923
Year Ended March 31, 2018	2,000
Year Ended March 31, 2019	1,000
Year Ended March 31, 2020	0
Thereafter	0
Total	25,754
Production Loans
Future Annual Repayment Of Film Obligations And Production Loans
Three Months Ended March 31, 2016	138,099
Year Ended March 31, 2017	710,249
Year Ended March 31, 2018	21,600
Year Ended March 31, 2019	0
Year Ended March 31, 2020	0
Thereafter	0
Total	$ 869,948

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Required to be Carried at Fair Value on a Recurring Basis) (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015
Assets:
Forward exchange contracts	$ 10,933	$ 8,335
Liabilities:
Forward exchange contracts	(2,119)	(2,024)
Total	166,553	168,335
Level 1
Assets:
Forward exchange contracts	0	0
Liabilities:
Forward exchange contracts	0	0
Total	70,954	72,882
Level 2
Assets:
Forward exchange contracts	10,933	8,335
Liabilities:
Forward exchange contracts	(2,119)	(2,024)
Total	95,599	95,453
Starz | Series A Common Stock
Assets:
Available-for-sale securities	70,954	72,882
Starz | Series A Common Stock | Level 1
Assets:
Available-for-sale securities	70,954	72,882
Starz | Series A Common Stock | Level 2
Assets:
Available-for-sale securities	0	0
Starz | Series B Common Stock
Assets:
Available-for-sale securities	86,785	89,142
Starz | Series B Common Stock | Level 1
Assets:
Available-for-sale securities	0	0
Starz | Series B Common Stock | Level 2
Assets:
Available-for-sale securities	$ 86,785	$ 89,142

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Values And Fair Values Of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Convertible Senior Subordinated Notes | April 2009 Notes
Fair Value, Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis [Line Items]
Coupon rate	3.625%	3.625%	3.625%
Convertible Senior Subordinated Notes | January 2012 Notes
Fair Value, Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis [Line Items]
Coupon rate	4.00%
Convertible Senior Subordinated Notes | April 2013 Notes
Fair Value, Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis [Line Items]
Coupon rate	1.25%
Senior Secured Second-Priority Notes | 5.25% Senior Notes
Fair Value, Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis [Line Items]
Coupon rate	5.25%	5.25%
Term Loan | Term Loan
Fair Value, Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis [Line Items]
Coupon rate	5.00%
Carrying Value
Assets:
Investments in Pop's Mandatorily Redeemable Preferred Stock Units	$ 93,085	$ 91,683
Liabilities:
Total liabilities, fair value disclosure	1,594,456	1,315,070
Carrying Value | Convertible Senior Subordinated Notes | April 2009 Notes
Liabilities:
Convertible notes, fair value disclosures	0	16,167
Carrying Value | Convertible Senior Subordinated Notes | January 2012 Notes
Liabilities:
Convertible notes, fair value disclosures	39,508	37,959
Carrying Value | Convertible Senior Subordinated Notes | April 2013 Notes
Liabilities:
Convertible notes, fair value disclosures	60,000	60,000
Carrying Value | Production Loans | Production Loans
Liabilities:
Loans, fair value disclosure	869,948	600,944
Carrying Value | Senior Secured Second-Priority Notes | 5.25% Senior Notes
Liabilities:
Senior Notes, fair value disclosure	225,000	225,000
Carrying Value | Term Loan | Term Loan
Liabilities:
Loans, fair value disclosure	400,000	375,000
Fair Value | Fair Value (Level 3)
Assets:
Investments in Pop's Mandatorily Redeemable Preferred Stock Units	110,000	110,000
Fair Value | Fair Value (Level 2)
Liabilities:
Total liabilities, fair value disclosure	1,593,123	1,321,201
Fair Value | Fair Value (Level 2) | Convertible Senior Subordinated Notes | April 2009 Notes
Liabilities:
Convertible notes, fair value disclosures	0	16,167
Fair Value | Fair Value (Level 2) | Convertible Senior Subordinated Notes | January 2012 Notes
Liabilities:
Convertible notes, fair value disclosures	41,707	41,473
Fair Value | Fair Value (Level 2) | Convertible Senior Subordinated Notes | April 2013 Notes
Liabilities:
Convertible notes, fair value disclosures	53,218	53,241
Fair Value | Fair Value (Level 2) | Production Loans | Production Loans
Liabilities:
Loans, fair value disclosure	869,948	600,944
Fair Value | Fair Value (Level 2) | Senior Secured Second-Priority Notes | 5.25% Senior Notes
Liabilities:
Senior Notes, fair value disclosure	231,750	233,438
Fair Value | Fair Value (Level 2) | Term Loan | Term Loan
Liabilities:
Loans, fair value disclosure	$ 396,500	$ 375,938

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) - USD ($) $ in Thousands	Nov. 12, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Business Acquisition [Line Items]
Certain transactional costs of Pilgrim Studios attributable to noncontrolling interest holder			$ 7,700	$ 7,700
Purchase price, cash portion				126,892	$ 0
Goodwill		$ 534,143	$ 534,143	$ 534,143		$ 323,328
Pilgrim Studios
Business Acquisition [Line Items]
Percentage of membership interest acquired	62.50%
Aggregate purchase price	$ 198,800
Purchase price, cash portion	$ 142,700
Purchase price, common shares issued (in shares)	1,517,451
Purchase price, common shares issued, value assigned	$ 56,100
Revenues of Pilgrim Studios since acquisition date		22,900
Net loss of Pilgrim Studios since acquisition date		8,800
Incremental expense from purchase accounting adjustments		4,000
Incremental expense from purchase accounting adjustments included in direct operating expense		3,600
Incremental expense from purchase accounting adjustments included in depreciation and amortization expense		400
Charge associated with the noncontrolling interest discount		$ 681
Goodwill	210,815
Goodwill, tax basis, amortizable life				15 years
Acquired finite-lived intangible assets, weighted average useful life				8 years
Transactional Costs | Pilgrim Studios
Business Acquisition [Line Items]
Certain transactional costs of Pilgrim Studios attributable to noncontrolling interest holder	7,700
Acquisition-related Costs | Pilgrim Studios
Business Acquisition [Line Items]
Acquisition-related costs expensed in general and administrative expenses	$ 2,900

Acquisition (Purchase Price All

Acquisition (Purchase Price Allocation) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Nov. 12, 2015	Mar. 31, 2015
Finite-lived intangible assets:
Goodwill	$ 534,143		$ 323,328
Pilgrim Studios
Business Acquisition [Line Items]
Cash and cash equivalents		$ 15,816
Accounts receivable, net		15,781
Investment in films and television programs, net		63,387
Other assets acquired		7,019
Finite-lived intangible assets:
Other liabilities assumed		(36,827)
Fair value of net assets acquired		76,476
Goodwill		210,815
Redeemable noncontrolling interest (Note 10)		(88,494)
Estimated total purchase consideration		198,797
Noncompete agreements | Pilgrim Studios
Finite-lived intangible assets:
Finite-lived intangible assets		9,300
Trade name | Pilgrim Studios
Finite-lived intangible assets:
Finite-lived intangible assets		$ 2,000

Acquisition (Pro Forma Statemen

Acquisition (Pro Forma Statement of Income Information) (Details) - Pilgrim Studios - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Revenues	$ 1,662,131	$ 1,857,099
Net income attributable to Lions Gate Entertainment Corp. shareholders	$ 46,142	$ 162,007
Basic Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders	$ 0.31	$ 1.16
Diluted Net Income Per Common Share attributable to Lions Gate Entertainment Corp. shareholders	$ 0.30	$ 1.09

Acquisition (Goodwill by Report

Acquisition (Goodwill by Reporting Segment) (Details) $ in Thousands	9 Months Ended
	Dec. 31, 2015USD ($)
Goodwill [Line Items]
Balance as of March 31, 2015	$ 323,328
Acquisition of Pilgrim Studios	210,815
Balance as of December 31, 2015	534,143
Motion Pictures
Goodwill [Line Items]
Balance as of March 31, 2015	294,367
Acquisition of Pilgrim Studios	0
Balance as of December 31, 2015	294,367
Television Production
Goodwill [Line Items]
Balance as of March 31, 2015	28,961
Acquisition of Pilgrim Studios	210,815
Balance as of December 31, 2015	$ 239,776

Redeemable Noncontrolling Int78

Redeemable Noncontrolling Interest (Narrative) (Details) - USD ($) $ in Thousands	Nov. 12, 2015	Dec. 31, 2015	Dec. 31, 2015
Redeemable Noncontrolling Interest [Line Items]
Initial fair value of redeemable noncontrolling interest of Pilgrim Studios			$ 88,494
Certain transactional costs of Pilgrim Studios attributable to noncontrolling interest holder		$ 7,700	$ 7,700
Pilgrim Studios
Redeemable Noncontrolling Interest [Line Items]
Initial fair value of redeemable noncontrolling interest of Pilgrim Studios	$ 88,500
Redeemable noncontrolling interest, ownership percentage held by noncontrolling owner	37.50%
Portion of noncontrolling interest redeemable after first term, five years after November 12, 2015		17.50%	17.50%
First Put/ Call Option, Term			5 years
Second Put/ Call Option, Term			7 years

Redeemable Noncontrolling Int79

Redeemable Noncontrolling Interest (Changes In Redeemable Noncontrolling Interest) (Details) $ in Thousands	9 Months Ended
	Dec. 31, 2015USD ($)
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance	$ 0
Initial fair value of redeemable noncontrolling interest of Pilgrim Studios	88,494
Net loss of Pilgrim Studios attributable to noncontrolling interest	(8,119)
Noncontrolling interest discount accretion	681
Adjustments to redemption value	8,119
Ending balance	$ 89,175

Net Income Per Share (Basic) (D

Net Income Per Share (Basic) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net income attributable to Lions Gate Entertainment Corp. shareholders	$ 40,717	$ 98,185	$ 39,332	$ 162,227
Denominator:
Weighted average common shares outstanding (in shares)	149,480	139,963	148,484	138,618
Basic net income per common share (in usd per share)	$ 0.27	$ 0.70	$ 0.26	$ 1.17

Net Income Per Share (Diluted)

Net Income Per Share (Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net income attributable to Lions Gate Entertainment Corp. shareholders	$ 40,717	$ 98,185	$ 39,332	$ 162,227
Interest on convertible notes, net of tax	729	1,163	328	4,456
Numerator for diluted net income per common share	$ 41,446	$ 99,348	$ 39,660	$ 166,683
Denominator:
Weighted average common shares outstanding (in shares)	149,480	139,963	148,484	138,618
Conversion of notes (in shares)	6,084	8,360	2,117	9,995
Share purchase options (in shares)	3,459	2,943	3,393	2,662
Restricted share units (in shares)	389	447	418	441
Adjusted weighted average common shares outstanding (in shares)	159,412	151,713	154,412	151,716
Diluted net income per common share (in usd per share)	$ 0.26	$ 0.65	$ 0.26	$ 1.10

Net Income Per Share (Anti-dilu

Net Income Per Share (Anti-dilutive Shares Issuable) (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Anti-dilutive shares issuable [Line Items]
Anti-dilutive shares issuable (in shares)	3,835	3,517	7,944	4,764
Conversion of Notes
Anti-dilutive shares issuable [Line Items]
Anti-dilutive shares issuable (in shares)	0	0	4,041	0
Share Purchase Options
Anti-dilutive shares issuable [Line Items]
Anti-dilutive shares issuable (in shares)	3,237	3,122	3,432	4,334
Restricted Share Units (RSUs)
Anti-dilutive shares issuable [Line Items]
Anti-dilutive shares issuable (in shares)	57	97	81	144
Contingently Issuable Shares
Anti-dilutive shares issuable [Line Items]
Anti-dilutive shares issuable (in shares)	541	298	390	286

Capital Stock (Narrative) (Deta

Capital Stock (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 11, 2015	Nov. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jan. 08, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized common shares (in shares)			500,000,000		500,000,000			500,000,000
Dividends declared per common share (in usd per share)	$ 0.09		$ 0.09	$ 0.07	$ 0.25	$ 0.19
Cash dividends payable			$ 13,360	$ 9,817	$ 13,360	$ 9,817
Common shares agreed to be purchased		5,000,000
Common stock, no par value		$ 0
Expenses incurred on behalf of MHR Fund Management for certain costs related to the registration and offering of the Company's common shares			$ 800
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost			52,900		$ 52,900
Total unrecognized compensation cost, weighted average period for recognition					1 year 7 months 6 days
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost			$ 34,100		$ 34,100
Total unrecognized compensation cost, weighted average period for recognition					1 year 8 months 12 days
Share Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash-settled SARs exercised (in shares)						75,000
Cash paid for the exercise of cash-settled SARs						$ 1,700
Performance Incentive Plan of 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares available for grant under the share-based compensation arrangement plan (in shares)			27,600,000		27,600,000
Common Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess tax benefits on equity-based compensation awards					$ 0	$ 6,800
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of common stock outstanding held by MHR Fund Management							20.10%

Capital Stock (Common Shares Re

Capital Stock (Common Shares Reserved for Future Issuance) (Details) - $ / shares shares in Thousands	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	25,561	29,080
Stock Options
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	14,899	12,215
Stock options outstanding, average exercise price (in usd per share)	$ 24.60	$ 22.22
Restricted Share Units (RSUs) - Unvested
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	1,676	1,662
Share Purchase Options and Restricted Share Units
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	2,885	7,163
Convertible Senior Subordinated Notes | April 2009 Notes
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	0	1,984
Conversion price per share (in usd per share)		$ 8.15
Convertible Senior Subordinated Notes | January 2012 Notes
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	4,063	4,032
Conversion price per share (in usd per share)	$ 10.30	$ 10.38
Convertible Senior Subordinated Notes | April 2013 Notes
Common Shares Reserved For Future Issuance [Line Items]
Shares reserved for future issuance (in shares)	2,038	2,024
Conversion price per share (in usd per share)	$ 29.44	$ 29.65
April 2009 Notes | Convertible Senior Subordinated Notes
Common Shares Reserved For Future Issuance [Line Items]
Coupon rate	3.625%	3.625%	3.625%
January 2012 Notes | Convertible Senior Subordinated Notes
Common Shares Reserved For Future Issuance [Line Items]
Conversion price per share (in usd per share)	$ 10.30
Coupon rate	4.00%
April 2013 Notes | Convertible Senior Subordinated Notes
Common Shares Reserved For Future Issuance [Line Items]
Conversion price per share (in usd per share)	$ 29.44
Coupon rate	1.25%

Capital Stock (Share-Based Comp

Capital Stock (Share-Based Compensation Expense) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Share-Based Compensation Expense [Line Items]
Share-based compensation expense		$ 13,235	$ 15,132	$ 47,506	$ 48,875
Impact of accelerated vesting on stock options and restricted share units	[1]	0	0	0	1,194
Total share-based compensation expense		13,235	15,132	47,506	50,069
Tax impact	[2]	(4,853)	(5,547)	(17,420)	(18,355)
Reduction in net income		8,382	9,585	30,086	31,714
Stock Options
Share-Based Compensation Expense [Line Items]
Share-based compensation expense		6,322	7,551	25,845	25,560
Restricted Share Units and Other Share-based Compensation
Share-Based Compensation Expense [Line Items]
Share-based compensation expense		6,913	6,477	21,373	19,515
Share Appreciation Rights (SARs)
Share-Based Compensation Expense [Line Items]
Share-based compensation expense		$ 0	$ 1,104	$ 288	$ 3,800
[1]	Represents the impact of the acceleration of certain vesting schedules for stock options and restricted share units pursuant to the severance arrangements related to the integration of the marketing operations of the Company's Lionsgate and Summit film labels.
[2]	Represents the income tax benefit recognized in the statements of income for share-based compensation arrangements.

Capital Stock (Stock Option and

Capital Stock (Stock Option and Restricted Share Unit Activity) (Details)	9 Months Ended
	Dec. 31, 2015$ / sharesshares
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at March 31, 2015 (in shares) | shares	13,214,696
Granted (in shares) | shares	3,089,552
Options exercised (in shares) | shares	(635,183)
Forfeited or expired (in shares) | shares	(8,429)
Outstanding at December 31, 2015 (in shares) | shares	15,660,636
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, weighted average exercise price (in usd per share) | $ / shares	$ 21.26
Granted, weighted average exercise price (in usd per share) | $ / shares	32.75
Options exercised, weighted average exercise price (in usd per share) | $ / shares	12.96
Forfeited or expired, weighted average exercise price (in usd per share) | $ / shares	21.48
Outstanding, weighted average exercise price (in usd per share) | $ / shares	$ 23.86
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding at March 31, 2015 (in shares) | shares	1,662,028
Granted (in shares) | shares	1,282,319
RSUs vested (in shares) | shares	(1,235,455)
Forfeited or expired (in shares) | shares	(32,897)
Outstanding at December 31, 2015 (in shares) | shares	1,675,995
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding, weighted average grant-date fair value (in usd per share) | $ / shares	$ 28.10
Granted, weighted average grant date fair value (in usd per share) | $ / shares	33.51
RSUs vested, weighted average grant-date fair value (in usd per share) | $ / shares	28.46
Forfeited or expired, weighted average grant-date fair value (in usd per share) | $ / shares	30.50
Outstanding, weighted average grant-date fair value (in usd per share) | $ / shares	$ 31.92

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (45,140)	$ 15,264	$ (44,441)	$ 30,865

Government Assistance (Narrativ

Government Assistance (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Government Assistance [Abstract]
Tax credits earned for film and television production activity	$ 16.5	$ 103.5	$ 120.2	$ 193
Tax credits receivable for film and television production	$ 285.8		$ 285.8		$ 219.2

Segment Information (Segment In

Segment Information (Segment Information By Business Unit) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)segment	Dec. 31, 2014USD ($)
Segment Reporting Information [Line Items]
Number of reportable business segments | segment			2
Segment revenues	$ 670,522	$ 751,299	$ 1,556,222	$ 1,753,558
Direct operating expenses	404,068	400,576	927,188	945,840
Distribution and marketing	203,121	171,439	428,185	421,637
Gross segment contribution	63,333	179,284	200,849	386,081
Segment general and administration	23,275	21,841	69,101	64,333
Segment profit	40,058	157,443	131,748	321,748
Reportable Segments | Motion Pictures
Segment Reporting Information [Line Items]
Segment revenues	505,793	590,072	1,135,110	1,320,012
Direct operating expenses	264,480	260,309	580,646	583,792
Distribution and marketing	191,827	162,884	399,146	396,587
Gross segment contribution	49,486	166,879	155,318	339,633
Segment general and administration	18,874	18,669	55,841	54,252
Segment profit	30,612	148,210	99,477	285,381
Reportable Segments | Television Production
Segment Reporting Information [Line Items]
Segment revenues	164,729	161,227	421,112	433,546
Direct operating expenses	139,588	140,267	346,542	362,048
Distribution and marketing	11,294	8,555	29,039	25,050
Gross segment contribution	13,847	12,405	45,531	46,448
Segment general and administration	4,401	3,172	13,260	10,081
Segment profit	$ 9,446	$ 9,233	$ 32,271	$ 36,367

Segment Information (Reconcilia

Segment Information (Reconciliation Of Total Segment Profit To The Company's Income (Loss) Before Income Taxes) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Company’s total segment profit		$ 40,058	$ 157,443	$ 131,748	$ 321,748
Shared services and corporate expenses:
Share-based compensation expense		(13,235)	(15,132)	(47,506)	(48,875)
Total shared services and corporate expenses		(46,808)	(39,566)	(129,271)	(122,642)
Depreciation and amortization		(2,970)	(1,708)	(7,320)	(4,685)
Operating income (loss)		(9,720)	116,169	(4,843)	194,421
Interest expense		(14,169)	(13,551)	(39,424)	(39,594)
Interest and other income		521	623	1,676	2,188
Loss on extinguishment of debt		0	(690)	0	(1,276)
Equity interests income		10,826	10,898	29,363	37,353
Income (loss) before income taxes		(12,542)	113,449	(13,228)	193,092
Certain transactional costs of Pilgrim Studios attributable to noncontrolling interest holder		7,700		7,700
Pension withdrawal costs from multi-employer pension plan				2,700
Non-cash charges resulting from the acceleration of vesting of stock awards	[1]	0	0	0	1,194
Shared Services and Corporate
Shared services and corporate expenses:
Share-based compensation expense		(13,235)	(15,132)	(47,506)	(48,875)
Restructuring and other items	[2]	(13,398)	(766)	(17,605)	(7,008)
Purchase accounting and related adjustments	[3]	(681)	0	(681)	0
Start-up costs of new business initiatives	[4]	(2,630)	0	(3,045)	0
Other shared services and corporate expenses		$ (16,864)	$ (23,668)	$ (60,434)	$ (66,759)
[1]	Represents the impact of the acceleration of certain vesting schedules for stock options and restricted share units pursuant to the severance arrangements related to the integration of the marketing operations of the Company's Lionsgate and Summit film labels.
[2]	Restructuring and other items includes restructuring and severance costs, certain transaction related costs, and certain unusual items, when applicable. Amounts in the three and nine months ended December 31, 2015 represent professional fees associated with certain strategic transactions including, among others, the acquisition of Pilgrim Studios and certain shareholder transactions, the costs related to the move of our international sales and distribution organization to the United Kingdom, and certain transactional costs of $7.7 million of Pilgrim Studios attributable to the noncontrolling shareholder (see Note 9). Pursuant to the profit sharing provisions in the Pilgrim Studios operating agreement, the transactional costs of $7.7 million are included in net loss attributable to noncontrolling interest in the unaudited condensed consolidated statement of income and thus does not impact earnings per share attributable to Lions Gate Entertainment Corp. shareholders. In addition, amounts in the nine months ended December 31, 2015 include pension withdrawal costs of $2.7 million related to an underfunded multi-employer pension plan in which the Company is no longer participating. Amounts in the three and nine months ended December 31, 2014 primarily represent costs related to the move of our international sales and distribution organization to the United Kingdom. In addition, amounts in the nine months ended December 31, 2014 include severance costs associated with the integration of the marketing operations of the Company's Lionsgate and Summit film labels, of which approximately $1.2 million are non-cash charges resulting from the acceleration of vesting of stock awards (see Note 12).
[3]	Purchase accounting and related adjustments represent the charge for the accretion of the noncontrolling interest discount that is included in general and administrative expense (see Note 10).
[4]	(3)Start-up costs of new business initiatives represent general and administrative expense associated with the Company's direct to consumer initiatives including its subscription video-on-demand platforms.

Segment Information (Significan

Segment Information (Significant Assets Broken Down By Segment And Other Unallocated Assets) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Significant assets by segment
Accounts receivable	$ 943,998		$ 943,998		$ 891,880
Investment in films and television programs, net	1,561,968		1,561,968		1,381,829
Goodwill	534,143		534,143		323,328
Total allocated assets by segment	3,040,109		3,040,109		2,597,037
Other unallocated assets (primarily cash, other assets, and investments)	798,290		798,290		695,052
Total assets	3,838,399		3,838,399		3,292,089
Purchases of property and equipment	6,800	$ 6,800	13,680	$ 11,293
Motion Pictures
Significant assets by segment
Goodwill	294,367		294,367		294,367
Television Production
Significant assets by segment
Goodwill	239,776		239,776		28,961
Reportable Segments | Motion Pictures
Significant assets by segment
Accounts receivable	458,694		458,694		538,515
Investment in films and television programs, net	1,190,219		1,190,219		1,116,909
Goodwill	294,367		294,367		294,367
Total allocated assets by segment	1,943,280		1,943,280		1,949,791
Reportable Segments | Television Production
Significant assets by segment
Accounts receivable	485,304		485,304		353,365
Investment in films and television programs, net	371,749		371,749		264,920
Goodwill	239,776		239,776		28,961
Total allocated assets by segment	$ 1,096,829		$ 1,096,829		$ 647,246

Segment Information (Acquisitio

Segment Information (Acquisition of Investment in Films and Television Programs by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Acquisition of investment in films and television programs	$ 235,785	$ 176,450	$ 771,255	$ 815,469
Reportable Segments | Motion Pictures
Segment Reporting Information [Line Items]
Acquisition of investment in films and television programs	140,114	89,041	504,536	517,385
Reportable Segments | Television Production
Segment Reporting Information [Line Items]
Acquisition of investment in films and television programs	$ 95,671	$ 87,409	$ 266,719	$ 298,084

Consolidating Financial Infor93

Consolidating Financial Information - Convertible Senior Subordinated Notes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Mar. 31, 2015
Consolidating Financial Information [Line Items]
Other comprehensive income (loss), available-for-sale securities, tax benefit	$ (2,351)	$ (557)
Cash acquired from Pilgrim Studios acquisition		$ 15,816
January 2012 Notes | Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Coupon rate	4.00%	4.00%
April 2013 Notes | Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Coupon rate	1.25%	1.25%
5.25% Senior Notes | Senior Secured Second-Priority Notes
Consolidating Financial Information [Line Items]
Coupon rate	5.25%	5.25%	5.25%
Lions Gate Entertainment Corp. | Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Cash acquired from Pilgrim Studios acquisition		$ 15,816
Deferred financing costs		$ 964
Lions Gate Entertainment Inc.
Consolidating Financial Information [Line Items]
Percentage ownership of LGEI, the issuer, by parent company guarantor	100.00%	100.00%
Non-guarantor Subsidiaries | Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Other comprehensive income (loss), available-for-sale securities, tax benefit		$ (557)

Consolidating Financial Infor94

Consolidating Financial Information - Convertible Senior Subordinated Notes (Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Assets
Cash and cash equivalents	$ 88,292	$ 102,697	$ 28,886	$ 25,692
Restricted cash	2,650	2,508
Accounts receivable, net	943,998	891,880
Investment in films and television programs, net	1,561,968	1,381,829
Property and equipment, net	41,914	26,651
Investments	475,109	438,298
Goodwill	534,143	323,328
Other assets	84,822	74,784
Deferred tax assets	105,503	50,114
Total assets	3,838,399	3,292,089
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	225,000	225,000
Term Loan	400,000	375,000
Accounts payable and accrued liabilities	327,828	332,473
Participations and residuals	549,985	471,661
Film obligations and production loans	895,558	656,755
Convertible senior subordinated notes	99,508	114,126
Deferred revenue	295,971	274,787
Redeemable noncontrolling interest	89,175	0
Total shareholders' equity (deficiency)	955,374	842,287
Total liabilities and shareholders' equity	3,838,399	3,292,089
Convertible Senior Subordinated Notes
Assets
Cash and cash equivalents	88,292	102,697	28,886	25,692
Restricted cash	2,650	2,508
Accounts receivable, net	943,998	891,880
Investment in films and television programs, net	1,561,968	1,381,829
Property and equipment, net	41,914	26,651
Investments	475,109	438,298
Goodwill	534,143	323,328
Other assets	84,822	74,784
Deferred tax assets	105,503	50,114
Subsidiary investments and advances	0	0
Total assets	3,838,399	3,292,089
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	225,000	225,000
Term Loan	400,000	375,000
Accounts payable and accrued liabilities	327,828	332,473
Participations and residuals	549,985	471,661
Film obligations and production loans	895,558	656,755
Convertible senior subordinated notes	99,508	114,126
Deferred revenue	295,971	274,787
Intercompany payable	0	0
Redeemable noncontrolling interest	89,175	0
Total shareholders' equity (deficiency)	955,374	842,287
Total liabilities and shareholders' equity	3,838,399	3,292,089
Convertible Senior Subordinated Notes | Lions Gate Entertainment Corp.
Assets
Cash and cash equivalents	1,773	3,499	839	8,128
Restricted cash	0	0
Accounts receivable, net	664	617
Investment in films and television programs, net	0	0
Property and equipment, net	0	0
Investments	40,072	40,072
Goodwill	10,172	10,172
Other assets	7,535	8,109
Deferred tax assets	615	10,524
Subsidiary investments and advances	1,545,358	1,385,522
Total assets	1,606,189	1,458,515
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	225,000	225,000
Term Loan	400,000	375,000
Accounts payable and accrued liabilities	25,815	16,228
Participations and residuals	0	0
Film obligations and production loans	0	0
Convertible senior subordinated notes	0	0
Deferred revenue	0	0
Intercompany payable	0	0
Redeemable noncontrolling interest	0	0
Total shareholders' equity (deficiency)	955,374	842,287
Total liabilities and shareholders' equity	1,606,189	1,458,515
Convertible Senior Subordinated Notes | Lions Gate Entertainment Inc.
Assets
Cash and cash equivalents	51,230	47,290	15,501	5,999
Restricted cash	2,650	2,508
Accounts receivable, net	1,607	7,933
Investment in films and television programs, net	6,407	6,402
Property and equipment, net	34,115	24,938
Investments	16,331	9,229
Goodwill	0	0
Other assets	59,555	61,409
Deferred tax assets	94,817	32,252
Subsidiary investments and advances	1,605,165	1,378,571
Total assets	1,871,877	1,570,532
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	0	0
Term Loan	0	0
Accounts payable and accrued liabilities	71,765	86,472
Participations and residuals	3,663	3,417
Film obligations and production loans	0	0
Convertible senior subordinated notes	99,508	114,126
Deferred revenue	5,661	7,722
Intercompany payable	1,955,839	1,530,299
Redeemable noncontrolling interest	0	0
Total shareholders' equity (deficiency)	(264,559)	(171,504)
Total liabilities and shareholders' equity	1,871,877	1,570,532
Convertible Senior Subordinated Notes | Non-guarantor Subsidiaries
Assets
Cash and cash equivalents	35,289	51,908	12,546	11,565
Restricted cash	0	0
Accounts receivable, net	941,727	883,330
Investment in films and television programs, net	1,555,561	1,375,427
Property and equipment, net	7,799	1,713
Investments	418,706	388,997
Goodwill	523,971	313,156
Other assets	23,262	11,180
Deferred tax assets	10,071	7,338
Subsidiary investments and advances	3,232,304	2,571,801
Total assets	6,748,690	5,604,850
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	0	0
Term Loan	0	0
Accounts payable and accrued liabilities	230,248	229,773
Participations and residuals	546,322	468,244
Film obligations and production loans	895,558	656,755
Convertible senior subordinated notes	0	0
Deferred revenue	290,310	267,065
Intercompany payable	2,489,183	2,547,928
Redeemable noncontrolling interest	89,175	0
Total shareholders' equity (deficiency)	2,207,894	1,435,085
Total liabilities and shareholders' equity	6,748,690	5,604,850
Convertible Senior Subordinated Notes | Consolidating Adjustments
Assets
Cash and cash equivalents	0	0	$ 0	$ 0
Restricted cash	0	0
Accounts receivable, net	0	0
Investment in films and television programs, net	0	0
Property and equipment, net	0	0
Investments	0	0
Goodwill	0	0
Other assets	(5,530)	(5,914)
Deferred tax assets	0	0
Subsidiary investments and advances	(6,382,827)	(5,335,894)
Total assets	(6,388,357)	(5,341,808)
Liabilities and Shareholders' Equity (Deficiency)
Senior revolving credit facility	0	0
5.25% Senior Notes	0	0
Term Loan	0	0
Accounts payable and accrued liabilities	0	0
Participations and residuals	0	0
Film obligations and production loans	0	0
Convertible senior subordinated notes	0	0
Deferred revenue	0	0
Intercompany payable	(4,445,022)	(4,078,227)
Redeemable noncontrolling interest	0	0
Total shareholders' equity (deficiency)	(1,943,335)	(1,263,581)
Total liabilities and shareholders' equity	$ (6,388,357)	$ (5,341,808)

Consolidating Financial Infor95

Consolidating Financial Information - Convertible Senior Subordinated Notes (Statement of Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Revenues	$ 670,522	$ 751,299	$ 1,556,222	$ 1,753,558
Expenses:
Direct operating	404,068	400,576	927,188	945,840
Distribution and marketing	203,121	171,439	428,185	421,637
General and administration	70,083	61,407	198,372	186,975
Depreciation and amortization	2,970	1,708	7,320	4,685
Total expenses	680,242	635,130	1,561,065	1,559,137
Operating income (loss)	(9,720)	116,169	(4,843)	194,421
Other expenses (income):
Interest expense	14,169	13,551	39,424	39,594
Interest and other income	(521)	(623)	(1,676)	(2,188)
Loss on extinguishment of debt	0	690	0	1,276
Total other expenses (income)	13,648	13,618	37,748	38,682
Income (loss) before equity interests and income taxes	(23,368)	102,551	(42,591)	155,739
Equity interests income	10,826	10,898	29,363	37,353
Income (loss) before income taxes	(12,542)	113,449	(13,228)	193,092
Income tax provision (benefit)	(45,140)	15,264	(44,441)	30,865
Net income	32,598	98,185	31,213	162,227
Less: Net loss attributable to noncontrolling interest	8,119	0	8,119	0
Net income attributable to Lions Gate Entertainment Corp. shareholders	$ 40,717	$ 98,185	39,332	162,227
Convertible Senior Subordinated Notes
Revenues			1,556,222	1,753,558
Expenses:
Direct operating			927,188	945,840
Distribution and marketing			428,185	421,637
General and administration			198,372	186,975
Depreciation and amortization			7,320	4,685
Total expenses			1,561,065	1,559,137
Operating income (loss)			(4,843)	194,421
Other expenses (income):
Interest expense			39,424	39,594
Interest and other income			(1,676)	(2,188)
Loss on extinguishment of debt				1,276
Total other expenses (income)			37,748	38,682
Income (loss) before equity interests and income taxes			(42,591)	155,739
Equity interests income			29,363	37,353
Income (loss) before income taxes			(13,228)	193,092
Income tax provision (benefit)			(44,441)	30,865
Net income			31,213	162,227
Less: Net loss attributable to noncontrolling interest			8,119	0
Net income attributable to Lions Gate Entertainment Corp. shareholders			39,332	162,227
Convertible Senior Subordinated Notes | Lions Gate Entertainment Corp.
Revenues			0	0
Expenses:
Direct operating			572	2
Distribution and marketing			0	0
General and administration			5,849	2,383
Depreciation and amortization			0	0
Total expenses			6,421	2,385
Operating income (loss)			(6,421)	(2,385)
Other expenses (income):
Interest expense			28,025	25,919
Interest and other income			(154,398)	(126,019)
Loss on extinguishment of debt				0
Total other expenses (income)			(126,373)	(100,100)
Income (loss) before equity interests and income taxes			119,952	97,715
Equity interests income			(81,059)	66,045
Income (loss) before income taxes			38,893	163,760
Income tax provision (benefit)			(439)	1,533
Net income			39,332	162,227
Less: Net loss attributable to noncontrolling interest			0	0
Net income attributable to Lions Gate Entertainment Corp. shareholders			39,332	162,227
Convertible Senior Subordinated Notes | Lions Gate Entertainment Inc.
Revenues			15,709	21,565
Expenses:
Direct operating			33	3,243
Distribution and marketing			5,982	1,575
General and administration			109,519	115,942
Depreciation and amortization			5,906	2,721
Total expenses			121,440	123,481
Operating income (loss)			(105,731)	(101,916)
Other expenses (income):
Interest expense			163,552	138,139
Interest and other income			(165)	(2,766)
Loss on extinguishment of debt				1,276
Total other expenses (income)			163,387	136,649
Income (loss) before equity interests and income taxes			(269,118)	(238,565)
Equity interests income			185,971	317,176
Income (loss) before income taxes			(83,147)	78,611
Income tax provision (benefit)			(45,672)	12,566
Net income			(37,475)	66,045
Less: Net loss attributable to noncontrolling interest			0	0
Net income attributable to Lions Gate Entertainment Corp. shareholders			(37,475)	66,045
Convertible Senior Subordinated Notes | Non-guarantor Subsidiaries
Revenues			1,540,947	1,732,520
Expenses:
Direct operating			926,583	942,595
Distribution and marketing			422,203	420,062
General and administration			84,266	69,010
Depreciation and amortization			1,414	1,964
Total expenses			1,434,466	1,433,631
Operating income (loss)			106,481	298,889
Other expenses (income):
Interest expense			128,319	96,941
Interest and other income			(127,200)	(94,457)
Loss on extinguishment of debt				0
Total other expenses (income)			1,119	2,484
Income (loss) before equity interests and income taxes			105,362	296,405
Equity interests income			30,875	37,224
Income (loss) before income taxes			136,237	333,629
Income tax provision (benefit)			53,941	52,982
Net income			82,296	280,647
Less: Net loss attributable to noncontrolling interest			0	0
Net income attributable to Lions Gate Entertainment Corp. shareholders			82,296	280,647
Convertible Senior Subordinated Notes | Consolidating Adjustments
Revenues			(434)	(527)
Expenses:
Direct operating			0	0
Distribution and marketing			0	0
General and administration			(1,262)	(360)
Depreciation and amortization			0	0
Total expenses			(1,262)	(360)
Operating income (loss)			828	(167)
Other expenses (income):
Interest expense			(280,472)	(221,405)
Interest and other income			280,087	221,054
Loss on extinguishment of debt				0
Total other expenses (income)			(385)	(351)
Income (loss) before equity interests and income taxes			1,213	184
Equity interests income			(106,424)	(383,092)
Income (loss) before income taxes			(105,211)	(382,908)
Income tax provision (benefit)			(52,271)	(36,216)
Net income			(52,940)	(346,692)
Less: Net loss attributable to noncontrolling interest			8,119	0
Net income attributable to Lions Gate Entertainment Corp. shareholders			$ (44,821)	$ (346,692)

Consolidating Financial Infor96

Consolidating Financial Information - Convertible Senior Subordinated Notes (Statement of Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Consolidating Financial Information [Line Items]
Net income	$ 32,598	$ 98,185	$ 31,213	$ 162,227
Foreign currency translation adjustments, net of tax	(1,407)	(2,373)	586	(4,166)
Net unrealized loss on available-for-sale securities, net of tax of $557	(15,730)	0	(3,728)	0
Net unrealized gain (loss) on foreign exchange contracts, net of tax	(1,292)	277	1,702	693
Comprehensive income	14,169	96,089	29,773	158,754
Less: Comprehensive loss attributable to noncontrolling interest	8,119	0	8,119	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders	$ 22,288	$ 96,089	37,892	158,754
Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Net income			31,213	162,227
Foreign currency translation adjustments, net of tax			586	(4,166)
Net unrealized loss on available-for-sale securities, net of tax of $557			(3,728)
Net unrealized gain (loss) on foreign exchange contracts, net of tax			1,702	693
Comprehensive income			29,773	158,754
Less: Comprehensive loss attributable to noncontrolling interest			8,119	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders			37,892	158,754
Convertible Senior Subordinated Notes | Lions Gate Entertainment Corp.
Consolidating Financial Information [Line Items]
Net income			39,332	162,227
Foreign currency translation adjustments, net of tax			(1,440)	(3,473)
Net unrealized loss on available-for-sale securities, net of tax of $557			0
Net unrealized gain (loss) on foreign exchange contracts, net of tax			0	0
Comprehensive income			37,892	158,754
Less: Comprehensive loss attributable to noncontrolling interest			0	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders			37,892	158,754
Convertible Senior Subordinated Notes | Lions Gate Entertainment Inc.
Consolidating Financial Information [Line Items]
Net income			(37,475)	66,045
Foreign currency translation adjustments, net of tax			(3,876)	(4,383)
Net unrealized loss on available-for-sale securities, net of tax of $557			0
Net unrealized gain (loss) on foreign exchange contracts, net of tax			0	0
Comprehensive income			(41,351)	61,662
Less: Comprehensive loss attributable to noncontrolling interest			0	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders			(41,351)	61,662
Convertible Senior Subordinated Notes | Non-guarantor Subsidiaries
Consolidating Financial Information [Line Items]
Net income			82,296	280,647
Foreign currency translation adjustments, net of tax			(3,698)	(1,301)
Net unrealized loss on available-for-sale securities, net of tax of $557			(3,728)
Net unrealized gain (loss) on foreign exchange contracts, net of tax			1,702	693
Comprehensive income			76,572	280,039
Less: Comprehensive loss attributable to noncontrolling interest			0	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders			76,572	280,039
Convertible Senior Subordinated Notes | Consolidating Adjustments
Consolidating Financial Information [Line Items]
Net income			(52,940)	(346,692)
Foreign currency translation adjustments, net of tax			9,600	4,991
Net unrealized loss on available-for-sale securities, net of tax of $557			0
Net unrealized gain (loss) on foreign exchange contracts, net of tax			0	0
Comprehensive income			(43,340)	(341,701)
Less: Comprehensive loss attributable to noncontrolling interest			8,119	0
Comprehensive income attributable to Lions Gate Entertainment Corp. shareholders			$ (35,221)	$ (341,701)

Consolidating Financial Infor97

Consolidating Financial Information - Convertible Senior Subordinated Notes (Statement of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			$ (110,551)	$ (163,041)
Investing Activities:
Proceeds from the sale of equity method investees			0	14,575
Investment in equity method investees			(3,954)	(14,750)
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			(126,892)	0
Purchases of other investments			(750)	(2,000)
Purchases of property and equipment	$ (6,800)	$ (6,800)	(13,680)	(11,293)
Net Cash Flows Provided By (Used In) Investing Activities			(145,276)	(13,468)
Financing Activities:
Senior revolving credit facility - borrowings			238,000	681,500
Senior revolving credit facility - repayments			(238,000)	(618,619)
Term Loan - borrowings, net of deferred financing costs of $964			24,036	0
Convertible senior subordinated notes - repurchases			(5)	(16)
Production loans - borrowings			509,569	533,781
Production loans - repayments			(240,565)	(261,868)
Repurchase of common shares			0	(129,859)
Dividends paid			(33,927)	(23,536)
Excess tax benefits on equity-based compensation awards			0	6,767
Exercise of stock options			6,007	4,404
Tax withholding required on equity awards			(22,871)	(14,939)
Net Cash Flows Provided By Financing Activities			242,244	177,615
Net Change In Cash And Cash Equivalents			(13,583)	1,106
Foreign Exchange Effects on Cash			(822)	2,088
Cash and Cash Equivalents - Beginning Of Period			102,697	25,692	$ 25,692
Cash and Cash Equivalents - End Of Period	88,292	28,886	88,292	28,886	102,697
Convertible Senior Subordinated Notes
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			(110,551)	(163,041)
Investing Activities:
Proceeds from the sale of equity method investees				14,575
Investment in equity method investees			(3,954)	(14,750)
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			(126,892)
Purchases of other investments			(750)	(2,000)
Purchases of property and equipment			(13,680)	(11,293)
Net Cash Flows Provided By (Used In) Investing Activities			(145,276)	(13,468)
Financing Activities:
Senior revolving credit facility - borrowings			238,000	681,500
Senior revolving credit facility - repayments			(238,000)	(618,619)
Term Loan - borrowings, net of deferred financing costs of $964			24,036
Convertible senior subordinated notes - repurchases			(5)	(16)
Production loans - borrowings			509,569	533,781
Production loans - repayments			(240,565)	(261,868)
Repurchase of common shares				(129,859)
Dividends paid			(33,927)	(23,536)
Excess tax benefits on equity-based compensation awards			0	6,767
Exercise of stock options			6,007	4,404
Tax withholding required on equity awards			(22,871)	(14,939)
Net Cash Flows Provided By Financing Activities			242,244	177,615
Net Change In Cash And Cash Equivalents			(13,583)	1,106
Foreign Exchange Effects on Cash			(822)	2,088
Cash and Cash Equivalents - Beginning Of Period			102,697	25,692	25,692
Cash and Cash Equivalents - End Of Period	88,292	28,886	88,292	28,886	102,697
Convertible Senior Subordinated Notes | Lions Gate Entertainment Corp.
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			25,021	93,761
Investing Activities:
Proceeds from the sale of equity method investees				0
Investment in equity method investees			0	0
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			0
Purchases of other investments			0	0
Purchases of property and equipment			0	0
Net Cash Flows Provided By (Used In) Investing Activities			0	0
Financing Activities:
Senior revolving credit facility - borrowings			238,000	681,500
Senior revolving credit facility - repayments			(238,000)	(618,619)
Term Loan - borrowings, net of deferred financing costs of $964			24,036
Convertible senior subordinated notes - repurchases			0	0
Production loans - borrowings			0	0
Production loans - repayments			0	0
Repurchase of common shares				(129,859)
Dividends paid			(33,927)	(23,536)
Excess tax benefits on equity-based compensation awards			0	0
Exercise of stock options			6,007	4,404
Tax withholding required on equity awards			(22,871)	(14,939)
Net Cash Flows Provided By Financing Activities			(26,755)	(101,049)
Net Change In Cash And Cash Equivalents			(1,734)	(7,288)
Foreign Exchange Effects on Cash			8	(1)
Cash and Cash Equivalents - Beginning Of Period			3,499	8,128	8,128
Cash and Cash Equivalents - End Of Period	1,773	839	1,773	839	3,499
Convertible Senior Subordinated Notes | Lions Gate Entertainment Inc.
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			18,047	16,210
Investing Activities:
Proceeds from the sale of equity method investees				0
Investment in equity method investees			0	(2,150)
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			0
Purchases of other investments			(750)	(2,000)
Purchases of property and equipment			(13,352)	(9,309)
Net Cash Flows Provided By (Used In) Investing Activities			(14,102)	(13,459)
Financing Activities:
Senior revolving credit facility - borrowings			0	0
Senior revolving credit facility - repayments			0	0
Term Loan - borrowings, net of deferred financing costs of $964			0
Convertible senior subordinated notes - repurchases			(5)	(16)
Production loans - borrowings			0	0
Production loans - repayments			0	0
Repurchase of common shares				0
Dividends paid			0	0
Excess tax benefits on equity-based compensation awards			0	6,767
Exercise of stock options			0	0
Tax withholding required on equity awards			0	0
Net Cash Flows Provided By Financing Activities			(5)	6,751
Net Change In Cash And Cash Equivalents			3,940	9,502
Foreign Exchange Effects on Cash			0	0
Cash and Cash Equivalents - Beginning Of Period			47,290	5,999	5,999
Cash and Cash Equivalents - End Of Period	51,230	15,501	51,230	15,501	47,290
Convertible Senior Subordinated Notes | Non-guarantor Subsidiaries
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			(153,619)	(273,012)
Investing Activities:
Proceeds from the sale of equity method investees				14,575
Investment in equity method investees			(3,954)	(12,600)
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			(126,892)
Purchases of other investments			0	0
Purchases of property and equipment			(328)	(1,984)
Net Cash Flows Provided By (Used In) Investing Activities			(131,174)	(9)
Financing Activities:
Senior revolving credit facility - borrowings			0	0
Senior revolving credit facility - repayments			0	0
Term Loan - borrowings, net of deferred financing costs of $964			0
Convertible senior subordinated notes - repurchases			0	0
Production loans - borrowings			509,569	533,781
Production loans - repayments			(240,565)	(261,868)
Repurchase of common shares				0
Dividends paid			0	0
Excess tax benefits on equity-based compensation awards			0	0
Exercise of stock options			0	0
Tax withholding required on equity awards			0	0
Net Cash Flows Provided By Financing Activities			269,004	271,913
Net Change In Cash And Cash Equivalents			(15,789)	(1,108)
Foreign Exchange Effects on Cash			(830)	2,089
Cash and Cash Equivalents - Beginning Of Period			51,908	11,565	11,565
Cash and Cash Equivalents - End Of Period	35,289	12,546	35,289	12,546	51,908
Convertible Senior Subordinated Notes | Consolidating Adjustments
Consolidating Financial Information [Line Items]
Net Cash Flows Provided By (Used In) Operating Activities			0	0
Investing Activities:
Proceeds from the sale of equity method investees				0
Investment in equity method investees			0	0
Purchase of Pilgrim Studios, net of cash acquired of $15,816 (see Note 9)			0
Purchases of other investments			0	0
Purchases of property and equipment			0	0
Net Cash Flows Provided By (Used In) Investing Activities			0	0
Financing Activities:
Senior revolving credit facility - borrowings			0	0
Senior revolving credit facility - repayments			0	0
Term Loan - borrowings, net of deferred financing costs of $964			0
Convertible senior subordinated notes - repurchases			0	0
Production loans - borrowings			0	0
Production loans - repayments			0	0
Repurchase of common shares				0
Dividends paid			0	0
Excess tax benefits on equity-based compensation awards			0	0
Exercise of stock options			0	0
Tax withholding required on equity awards			0	0
Net Cash Flows Provided By Financing Activities			0	0
Net Change In Cash And Cash Equivalents			0	0
Foreign Exchange Effects on Cash			0	0
Cash and Cash Equivalents - Beginning Of Period			0	0	0
Cash and Cash Equivalents - End Of Period	$ 0	$ 0	$ 0	$ 0	$ 0

Derivative Instruments and He98

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2015
Derivative [Line Items]
Remaining maturity of forward foreign exchange contracts, maximum			11 months
Net unrealized fair value gain (loss) on foreign exchange contracts, effective portion	$ (1.3)	$ 0.3	$ 1.7	$ 0.7
Net unrealized fair value gain on foreign exchange contracts that did not qualify as effective hedge contracts	0.1	$ 0	0.1	$ 0.4
Foreign currency cash flow hedge gain estimated to be reclassified into earnings during next 12 months	7.1		7.1
Other Assets | Foreign Exchange Forward
Derivative [Line Items]
Derivative asset	10.9		10.9		$ 8.3
Accounts Payable and Accrued Liabilities | Foreign Exchange Forward
Derivative [Line Items]
Derivative liability	$ 2.1		$ 2.1		$ 2

Derivative Instruments and He99

Derivative Instruments and Hedging Activities (Outstanding Forward Foreign Exchange Contracts) (Details) - Foreign Exchange Forward € in Millions, £ in Millions, CAD in Millions, AUD in Millions, $ in Millions	Dec. 31, 2015USD ($)	Dec. 31, 2015AUD	Dec. 31, 2015GBP (£)	Dec. 31, 2015CAD	Dec. 31, 2015EUR (€)
British Pounds Sterling
Derivative [Line Items]
Foreign Currency Amount | £			£ 0.9
US Dollar Amount	$ 1
Weighted average exchange rate per $1 USD	0.93	0.93	0.93	0.93	0.93
Australia, Dollars
Derivative [Line Items]
Foreign Currency Amount | AUD		AUD 56.8
US Dollar Amount	$ 50.6
Weighted average exchange rate per $1 USD	1.12	1.12	1.12	1.12	1.12
Euro Member Countries, Euro
Derivative [Line Items]
Foreign Currency Amount | €					€ 3.4
US Dollar Amount	$ 3.8
Weighted average exchange rate per $1 USD	0.89	0.89	0.89	0.89	0.89
Canada, Dollars
Derivative [Line Items]
Foreign Currency Amount | CAD				CAD 49.2
US Dollar Amount	$ 37.5
Weighted average exchange rate per $1 USD	1.31	1.31	1.31	1.31	1.31

Supplementary Cash Flow Stat100

Supplementary Cash Flow Statement Information (Non-Cash Investing and Financing Activities) (Details) - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Non-cash investing activities
Issuance of common shares related to Pilgrim Studios acquisition	$ 56,089	$ 0
Non-cash financing activities
Accrued dividends (see Note 12)	13,360	9,817
Accrued share repurchases	0	2,106
Conversions of convertible senior subordinated notes (see Note 5)	$ 16,162	$ 24,145

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - Subsequent Event - USD ($) $ / shares in Units, shares in Millions, $ in Millions	Jan. 13, 2016	Feb. 04, 2016	Feb. 02, 2016	Feb. 01, 2016
Subsequent Event [Line Items]
Share repurchase plan, authorized amount			$ 468	$ 300
Common shares repurchased during period, value	$ 7.9	$ 218
Common shares repurchased during period, shares	0.3
Weighted average repurchase price per share	$ 29.48
Share repurchase plan, remaining capacity		$ 250