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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
shares in Millions, $ in Millions
Total
Total Lionsgate Studios Corp. Equity (Deficit)
Common Shares
Accumulated Deficit
Parent Net Investment
Accumulated Other Comprehensive Income
Non-controlling Interests
[1]
Previously Reported
Previously Reported
Total Lionsgate Studios Corp. Equity (Deficit)
Previously Reported
Common Shares
Previously Reported
Accumulated Deficit
Previously Reported
Parent Net Investment
Previously Reported
Accumulated Other Comprehensive Income
Previously Reported
Non-controlling Interests
[1]
Retroactive application of recapitalization
Common Shares
Retroactive application of recapitalization
Accumulated Deficit
Retroactive application of recapitalization
Parent Net Investment
Beginning balance (in shares) at Mar. 31, 2023     253.4             0.0         253.4    
Beginning balance at Mar. 31, 2023 $ (778.9) $ (780.4) $ 0.0 $ (881.9) $ 0.0 $ 101.5 $ 1.5 $ (778.9) $ (780.4) $ 0.0 $ 0.0 $ (881.9) $ 101.5 $ 1.5   $ (881.9) $ 881.9
Net income (loss) (4.5) (5.3)   (5.3)     0.8                    
Net transfers to Parent (39.0) (39.0)   (39.0)                          
Redeemable noncontrolling interests adjustment to redemption value (71.0) (71.0)   (71.0)                          
Other comprehensive income (loss) 15.6 15.6       15.6                      
Ending balance (in shares) at Sep. 30, 2023     253.4                            
Ending balance at Sep. 30, 2023 (877.8) (880.1) $ 0.0 (997.2) 0.0 117.1 2.3                    
Beginning balance (in shares) at Jun. 30, 2023     253.4                            
Beginning balance at Jun. 30, 2023 (918.4) (920.2) $ 0.0 (1,039.5)   119.3 1.8                    
Net income (loss) 15.7 15.2   15.2     0.5                    
Net transfers to Parent 92.1 92.1   92.1                          
Redeemable noncontrolling interests adjustment to redemption value (65.0) (65.0)   (65.0)                          
Other comprehensive income (loss) (2.2) (2.2)       (2.2)                      
Ending balance (in shares) at Sep. 30, 2023     253.4                            
Ending balance at Sep. 30, 2023 (877.8) (880.1) $ 0.0 (997.2) 0.0 117.1 2.3                    
Beginning balance (in shares) at Mar. 31, 2024     253.4             0.0         253.4    
Beginning balance at Mar. 31, 2024 (1,150.2) (1,152.4) $ 0.0 (1,249.1) 0.0 96.7 2.2 $ (1,150.2) $ (1,152.4) $ 0.0 $ 0.0 $ (1,249.1) $ 96.7 $ 2.2   $ (1,249.1) $ 1,249.1
Net income (loss) (157.0) (156.8)   (156.8)     (0.2)                    
Net transfers to Parent (55.2) (55.2)   (55.2)                          
Noncontrolling interests 32.9           32.9                    
Redeemable noncontrolling interests adjustment to redemption value 9.3 9.3   9.3                          
Other comprehensive income (loss) (8.1) (8.1)       (8.1)                      
Share-based compensation, Lionsgate contribution post Separation, net of required tax withholding 8.1 8.1 $ 8.1                            
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (in shares)     35.3                            
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs 281.6 281.6 $ 281.6                            
Ending balance (in shares) at Sep. 30, 2024     288.7                            
Ending balance at Sep. 30, 2024 (1,038.6) (1,073.5) $ 289.7 (1,451.8) 0.0 88.6 34.9                    
Beginning balance (in shares) at Jun. 30, 2024     288.7                            
Beginning balance at Jun. 30, 2024 (926.0) (960.8) $ 289.3 (1,339.2)   89.1 34.8                    
Net income (loss) (113.2) (113.4)   (113.4)     0.2                    
Net transfers to Parent (8.8)     (8.8)                          
Noncontrolling interests (0.1)           (0.1)                    
Redeemable noncontrolling interests adjustment to redemption value 9.6 9.6   9.6                          
Other comprehensive income (loss) (0.5) (0.5)       (0.5)                      
Share-based compensation, Lionsgate contribution post Separation, net of required tax withholding 1.5 1.5 1.5                            
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (1.1) (1.1) $ (1.1)                            
Ending balance (in shares) at Sep. 30, 2024     288.7                            
Ending balance at Sep. 30, 2024 $ (1,038.6) $ (1,073.5) $ 289.7 $ (1,451.8) $ 0.0 $ 88.6 $ 34.9                    
[1] Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 10).