Interim Financial Information

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Interim Financial Information (Unaudited)

The following is a summary of the Company’s selected quarterly financial data for the years ended December 31, 2012 and 2011:

	For the three months ended,
2012:	March 31, 2012			June 30, 2012			September 30, 2012			December 31, 2012			2012
Revenues, net	$	326,239		$	327,570		$	332,056		$	366,712		$	1,352,577
Operating expenses	(229,200		)	(229,294		)	(245,197		)	(286,048		)	(989,739		)
Operating income	$	97,039		$	98,276		$	86,859		$	80,664		$	362,838
Income from continuing operations	$	43,077		$	41,405		$	36,543		$	15,191		$	136,216
Income from discontinued operations, net of income taxes	104			105			105			—			314
Net income	$	43,181		$	41,510		$	36,648		$	15,191		$	136,530
Basic net income per share:
Income from continuing operations	0.62			0.59			0.52			0.22			1.94
Income from discontinued operations	—			—			—			—			—
Net income	0.62			0.59			0.52			0.22			1.94
Diluted net income per share:
Income from continuing operations	0.60			0.57			0.51			0.21			1.89
Income from discontinued operations	—			—			—			—			—
Net income	0.60			0.58			0.51			0.21			1.89

	For the three months ended,
2011:	March 31, 2011			June 30, 2011			September 30, 2011			December 31, 2011			2011
Revenues, net	$	272,903		$	291,965		$	283,914		$	338,959		$	1,187,741
Operating expenses	(202,224		)	(209,691		)	(189,470		)	(259,840		)	(861,225		)
Operating income	$	70,679		$	82,274		$	94,444		$	79,119		$	326,516
Income from continuing operations	$	29,722		$	27,058		$	40,317		$	29,265		$	126,362
Income (loss) from discontinued operations, net of income taxes	96			97			(314		)	213			92
Net income	$	29,818		$	27,155		$	40,003		$	29,478		$	126,454
Basic net income (loss) per share(a):
Income from continuing operations	$	0.43		$	0.39		$	0.58		$	0.42		$	1.82
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	—
Net income	$	0.43		$	0.39		$	0.58		$	0.42		$	1.83
Diluted net income per share(a):
Income from continuing operations	$	0.43		$	0.39		$	0.56		$	0.40		$	1.79
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	—
Net income	$	0.43		$	0.39		$	0.55		$	0.41		$	1.79

(a) Common shares assumed to be outstanding for both basic and diluted earnings per share during the three months ended March 31, 2011 and June 30, 2011 totaled 69,161,000, representing the number of shares of Company common stock issued to Cablevision shareholders on the Distribution date, and excludes unvested outstanding restricted shares, based on a distribution ratio of one share of AMC Networks common stock for every four shares of Cablevision common stock outstanding.

As set forth in the table above, there have been changes in the level of the Company’s revenues, net from quarter to quarter and/or changes from year to year due primarily to increased distribution and other revenue items and advertising revenue. In addition, the Company’s operating expenses have also changed from quarter to quarter and/or year over year due primarily to the timing of the exhibition, promotion and marketing of program rights and/or program rights write-downs based on management’s assessment of programming usefulness. In addition to the changes in operating income, non-operating income and expense items such as interest expense, net, write-off of deferred financing costs, loss on extinguishment of debt and income tax expense also impact quarter over quarter and year over year net income.