

	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.