Net Income (Loss) Per Share (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2024

Mar. 31, 2024

Schedule of Earnings Per Share, Basic and Diluted

Basic net income (loss) per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net income (loss) per share for the years ended March 31, 2024, 2023 and 2022 is presented below:

	Year Ending March 31,
	2024			2023			2022
	(Amounts in millions, except per share amounts)
Basic and Diluted Net Income (Loss) per Common Share:
Numerator:
Net income (loss) attributable to Parent	$	(93.5	)	$	(0.3	)	$	11.1
Accretion of redeemable noncontrolling interest		(11.9	)		—			—
Net income (loss) attributable to Parent after accretion of redeemable noncontrolling interest	$	(105.4	)	$	(0.3	)	$	11.1
Denominator:
Weighted average common shares outstanding		253.4			253.4			253.4
Basic and diluted net loss per common share	$	(0.42	)	$	(0.00	)	$	0.04

LIONSGATE STUDIOS CORP [Member]

Schedule of Earnings Per Share, Basic and Diluted

Basic net income (loss) per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net income (loss) per share for the three and nine months ended December 31, 2024 and 2023 is presented below:

	Three Months Ended December 31,						Nine Months Ended December 31,
	2024			2023			2024			2023
	(Amounts in millions, except per share amounts)
Basic and Diluted Net Income (Loss) Per Common Share:
Numerator:
Net income (loss) attributable to Lionsgate Studios Corp. shareholders	$	6.4		$	(41.1	)	$	(150.4	)	$	(46.5	)
Accretion of redeemable noncontrolling interest		(0.3	)		—			(1.0	)		—
Net income (loss) attributable to Lionsgate Studios Corp. shareholders after accretion of redeemable noncontrolling interest	$	6.1		$	(41.1	)	$	(151.4	)	$	(46.5	)
Denominator:
Weighted average common shares outstanding		288.7			253.4			283.3			253.4
Basic and diluted net income (loss) per common share	$	0.02		$	(0.16	)	$	(0.53	)	$	(0.18	)

Anti-dilutive Shares Issuable

Additionally, for the three and nine months ended December 31, 2024 and 2023, the outstanding common shares issuable presented below were excluded from diluted net income (loss) per common share because they are contingently issuable upon certain vesting criteria that have not been met as of the reporting period.

	Three Months Ended December 31,				Nine Months Ended December 31,
	2024		2023		2024		2023
	(Amounts in millions)
SEAC Sponsor Options		2.2		—		2.2		—

LIONS GATE ENTERTAINMENT CORP [Member]

Schedule of Earnings Per Share, Basic and Diluted

Basic net loss per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net loss per share for the three and nine months ended December 31, 2024 and 2023 is presented below:

	Three Months Ended December 31,						Nine Months Ended December 31,
	2024			2023			2024			2023
	(Amounts in millions, except per share amounts)
Basic and Diluted Net Loss Per Common Share:
Numerator:
Net loss attributable to Lions Gate Entertainment Corp. shareholders	$	(21.9	)	$	(106.6	)	$	(244.7	)	$	(1,063.5	)
Accretion of redeemable noncontrolling interest		(0.3	)		—			(1.0	)		—
Net loss attributable to Lions Gate Entertainment Corp. shareholders after accretion of redeemable noncontrolling interest	$	(22.2	)	$	(106.6	)	$	(245.7	)	$	(1,063.5	)
Denominator:
Weighted average common shares outstanding		240.2			235.1			238.4			233.1
Basic and diluted net loss per common share	$	(0.09	)	$	(0.45	)	$	(1.03	)	$	(4.56	)

Basic net loss per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net loss per share for the years ended March 31, 2024, 2023 and 2022 is presented below:

	Year Ended March 31,
	2024			2023			2022
	(Amounts in millions, except per share amounts)
Basic and Diluted Net Loss Per Common Share:
Numerator:
Net loss attributable to Lions Gate Entertainment Corp. shareholders	$	(1,102.9	)	$	(2,010.2	)	$	(188.2	)
Accretion of redeemable noncontrolling interest		(11.9	)		—			—
Net loss attributable to Lions Gate Entertainment Corp. shareholders after accretion of redeemable noncontrolling interest	$	(1,114.8	)	$	(2,010.2	)	$	(188.2	)
Denominator:
Weighted average common shares outstanding		233.6			227.9			224.1
Basic and diluted net loss per common share	$	(4.77	)	$	(8.82	)	$	(0.84	)

Anti-dilutive Shares Issuable

Additionally, for the three and nine months ended December 31, 2024 and 2023, the outstanding common shares issuable presented below were excluded from diluted net loss per common share because their inclusion would have had an anti-dilutive effect regardless of net income or loss in the period.

	Three Months Ended December 31,				Nine Months Ended December 31,
	2024		2023		2024		2023
	(Amounts in millions)
Anti-dilutive shares issuable
Share purchase options		18.2		16.8		16.6		18.0
Restricted share units		5.2		0.6		3.9		2.5
Other issuable shares		4.7		4.4		4.1		4.1
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share		28.1		21.8		24.6		24.6

Additionally, for the years ended March 31, 2024, 2023 and 2022, the outstanding common shares issuable presented below were excluded from diluted net loss per common share because their inclusion would have had an anti-dilutive effect regardless of net income or loss in the period.

	Year Ended
	March 31,
	2024		2023		2022
	(Amounts in millions)
Anti-dilutive shares issuable
Share purchase options		17.1		23.0		16.0
Restricted share units		1.9		2.2		0.4
Other issuable shares		4.2		3.5		2.2
Total weighted average anti-dilutive shares issuable excluded from diluted net loss per common share		23.2		28.7		18.6