Annual report pursuant to Section 13 and 15(d)

Other Information (Tables)

v2.4.1.9
Other Information (Tables)
 12 Months Ended
Dec. 31, 2014
Other Information [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Supplemental Disclosure of Cash Flow Information

The following table presents the supplemental disclosure of cash flow information (in millions):
 
Years ended December 31,
 
2014
 
2013
 
2012
Cash paid for interest, net of amounts capitalized
$
44.0

 
$
43.4

 
$
11.6

Cash paid for income taxes
$
107.9

 
$
184.4

 
$
161.4

Change in deferred tax assets due to sale of noncontrolling interest
$
—

 
$
—

 
$
2.2

Retirement of fully depreciated assets
$
—

 
$
—

 
$
56.0

Distribution of corporate office building to Old LMC
$
—

 
$
45.7

 
$
—

Capital lease related to lease with LPH
$
—

 
$
44.8

 
$
—

Tax attributes related to LMC Spin-Off
$
—

 
$
11.5

 
$
—

Schedule of Allowance for Trade Receivables
The following table presents the changes in the allowance for trade receivables:
Description
 
Balance at
beginning of
period
 
Charged to
costs and
expenses(1)
 
Charged to
other accounts
 
Deductions(2)
 
Balance at
end of
period
Year ended December 31, 2014:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
1.1

 
$
3.4

 
$
—

 
$
(3.4
)
 
$
1.1

Allowance for sales returns
31.7

 
126.5

 
—

 
(117.4
)
 
40.8

Total
$
32.8

 
$
129.9

 
$
—

 
$
(120.8
)
 
$
41.9

Year ended December 31, 2013:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
0.3

 
$
0.8

 
$
—

 
$
—

 
$
1.1

Allowance for sales returns
34.7

 
141.4

 
—

 
(144.4
)
 
31.7

Total
$
35.0

 
$
142.2

 
$
—

 
$
(144.4
)
 
$
32.8

Year ended December 31, 2012:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
2.2

 
$
(0.6
)
 
$
—

 
$
(1.3
)
 
$
0.3

Allowance for sales returns
36.1

 
83.2

 
—

 
(84.6
)
 
34.7

Total
$
38.3

 
$
82.6

 
$
—

 
$
(85.9
)
 
$
35.0

(1)
Charges for doubtful accounts are included in selling, general and administrative expense and charges for sales returns are recorded against revenue.
(2)
Actual home video returns, uncollectible accounts written off and foreign currency exchange rate changes.
Schedule of Weighted Average Number of Shares [Table Text Block]
The following is a reconciliation between basic and diluted weighted average shares outstanding for the years ended December 31, 2014 and 2013 and reflected as outstanding for the year ended December 31, 2012 (in millions):
 
2014
 
2013
 
2012
 
 
 
 
 
 
Basic weighted average shares outstanding
105.5

 
115.9

 
120.0

Effect of dilution:
 
 
 
 
 
Stock options
5.3

 
3.8

 
—

Restricted shares
0.7

 
1.4

 
0.1

Diluted weighted average shares outstanding
111.5

 
121.1

 
120.1