XML 69 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Cash Flows
12 Months Ended
Dec. 31, 2013
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]
Cash Flows
During 2013, 2012 and 2011, the Company’s non-cash investing and financing activities and other supplemental data were as follows:
 
Years Ended December 31,
 
2013
 
2012
 
2011
Non-Cash Investing and Financing Activities:
 
 
 
 
 
Continuing Operations:
 
 
 
 
 
Leasehold improvements paid by landlord
$
100

 
$
2,938

 
$
150

Increase in capital lease obligations and related assets
865

 
1,398

 
39

Capital expenditures incurred but not yet paid
3,202

 
5,397

 

Deemed capital (distribution) contribution related to the utilization of Cablevision tax losses (see Note 11)

 
(1,794
)
 
36,867

Deemed capital (distribution) contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution (see Note 11)

 
(1,148
)
 
44,598

Capital distribution for the transfer of a promissory note receivable to Cablevision (see Promissory Note discussion below)

 

 
(17,113
)
Deemed capital distribution to Cablevision related to employee benefit plans as a result of the Distribution (see Employee Matters Agreement discussion below)

 

 
(6,313
)
Deemed capital distribution related to tax credits utilized by Cablevision

 

 
(2,586
)
Deemed capital distribution associated with the issuance of debt to Cablevision (see Note 1)

 

 
(1,250,000
)
Deemed capital contribution related to the allocation of Cablevision share-based compensation expense

 

 
8,343

Supplemental Data:
 
 
 
 
 
Cash interest paid—continuing operations
112,053

 
113,493

 
78,714

Income taxes paid, net—continuing operations
135,708

 
40,522

 
11,569


Promissory Note
In September 2009, RMH and one of its subsidiaries that was transferred by the Company to Cablevision on December 31, 2010 agreed to the terms of a promissory note having an initial principal amount of $0 and increasing from time to time by advances made by RMH, with an interest rate of 8.625%. Interest income recognized by RMH related to this note amounted to $120 for the year ended December 31, 2011, respectively. On January 31, 2011, RMH distributed to a subsidiary of Cablevision all of its rights, title and interest in and to the promissory note. This distribution amounting to $17,113, including principal and accrued and unpaid interest, is reflected as a capital distribution in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011.
 Employee Matters Agreement
In connection with the Distribution, AMC Networks entered into an Employee Matters Agreement with Cablevision which allocated assets, liabilities and responsibilities with respect to certain employee compensation and benefit plans and programs and certain other related matters. As a result of such agreement, AMC Networks recorded a net receivable from Cablevision of $1,166, an increase in accrued employee related costs of $7,479 and a capital distribution of $6,313 which decreased additional paid in capital in the Company’s statement of stockholders’ deficiency for the transfer to the Company from Cablevision of the obligations related to the Company’s employees’ participant accounts in the Cablevision Excess Savings Plan $(3,616) and the Cablevision Excess Cash Balance Pension Plan $(3,863) and for the Company’s obligation to Cablevision for the $5,904 unfunded liability associated with Company employee participants in Cablevision’s Cash Balance Pension Plan. In addition, the Company reduced its long-term incentive plan and stock appreciation rights liabilities and increased amounts due to related parties by $6,742 for its obligation to pay Cablevision for its allocated share of the related expense for Cablevision corporate employees through June 30, 2011. These related party balances were settled in 2011.