Interim Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Information (Unaudited)

The following is a summary of the Company’s selected quarterly financial data for the years ended December 31, 2015 and 2014:



	For the three months ended,
2015:	March 31, 2015			June 30, 2015			September 30, 2015			December 31, 2015			2015
Revenues, net	$	668,682		$	601,138		$	632,165		$	678,950		$	2,580,935
Operating expenses	(437,935		)	(442,304		)	(472,897		)	(518,606		)	(1,871,742		)
Operating income	230,747			158,834			159,268			160,344			709,193
Net income including noncontrolling interests	126,676			87,442			76,900			90,686			381,704
Net income attributable to AMC Networks’ stockholders	$	120,920		$	83,009		$	72,770		$	90,089		$	366,788
Basic net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	1.67		$	1.15		$	1.00		$	1.24		$	5.06
Net income	$	1.67		$	1.15		$	1.00		1.24			$	5.06
Diluted net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	1.66		$	1.14		$	0.99		$	1.23		$	5.01
Net income	$	1.66		$	1.14		$	0.99		$	1.23		$	5.01



	For the three months ended,
2014:	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014			2014
Revenues, net	$	524,554		$	522,093		$	519,550		$	609,444		$	2,175,641
Operating expenses	(376,921		)	(392,618		)	(409,321		)	(450,428		)	(1,629,288		)
Operating income	147,633			129,475			110,229			159,016			546,353
Income from continuing operations, net of income taxes	71,987			60,180			54,069			81,637			267,873
Loss from discontinued operations, net of income taxes	(750		)	(1,732		)	(966		)	—			(3,448		)
Net income including noncontrolling interests	71,237			58,448			53,103			81,637			264,425
Net income attributable to AMC Networks’ stockholders	$	71,367		$	58,655		$	53,160		$	77,615		$	260,797
Basic net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	1.00		$	0.84		$	0.75		$	1.08		$	3.67
Net income	$	0.99		$	0.81		$	0.74		1.08			$	3.62
Diluted net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	0.99		$	0.83		$	0.74		$	1.06		$	3.63
Net income	$	0.98		$	0.81		$	0.73		$	1.06		$	3.58

The operating results of acquisitions are included from the date of the acquisition and impact quarter over quarter and year over year comparability. In addition, 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 revenue 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 and restructuring charges. In addition to the changes in operating income, non-operating income and expense items such as interest expense, net, restructuring charges, 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.