XML 47 R37.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Summary Of Continuing Operations By Reportable Segment
The Company has presented the components that reconcile adjusted operating income to operating income, an accepted GAAP measure, and other information as to the continuing operations of the Company’s operating segments below.
 
Three Months Ended September 30, 2016
 
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
189,300

 
$
21,424

 
$

 
$
210,724

Distribution
336,413

 
92,596

 
(5,087
)
 
423,922

Consolidated revenues, net
$
525,713

 
$
114,020

 
$
(5,087
)
 
$
634,646

Adjusted operating income
$
162,503

 
$
10,953

 
$
(5,343
)
 
$
168,113

Share-based compensation expense
(7,212
)
 
(2,170
)
 

 
(9,382
)
Restructuring expense
(8,103
)
 
(11,209
)
 

 
(19,312
)
Depreciation and amortization
(8,040
)
 
(14,242
)
 

 
(22,282
)
Operating income (loss)
$
139,148

 
$
(16,668
)
 
$
(5,343
)
 
$
117,137

 
Three Months Ended September 30, 2015
 
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
210,194

 
$
20,645

 
$

 
$
230,839

Distribution
311,446

 
93,458

 
(3,578
)
 
401,326

Consolidated revenues, net
$
521,640

 
$
114,103

 
$
(3,578
)
 
$
632,165

Adjusted operating income
$
186,574

 
$
6,749

 
$
(2,741
)
 
$
190,582

Share-based compensation expense
(6,039
)
 
(1,782
)
 

 
(7,821
)
Restructuring expense
(100
)
 
(2,531
)
 

 
(2,631
)
Depreciation and amortization
(7,337
)
 
(13,525
)
 

 
(20,862
)
Operating income (loss)
$
173,098

 
$
(11,089
)
 
$
(2,741
)
 
$
159,268

 
Nine Months Ended September 30, 2016
 
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
692,483

 
$
69,837

 
$

 
$
762,320

Distribution
1,004,499

 
271,511

 
(12,273
)
 
1,263,737

Consolidated revenues, net
$
1,696,982

 
$
341,348

 
$
(12,273
)
 
$
2,026,057

Adjusted operating income
$
649,782

 
$
24,118

 
$
(8,070
)
 
$
665,830

Share-based compensation expense
(22,581
)
 
(6,288
)
 

 
(28,869
)
Restructuring expense
(8,170
)
 
(11,496
)
 

 
(19,666
)
Depreciation and amortization
(24,062
)
 
(39,405
)
 

 
(63,467
)
Operating income (loss)
$
594,969

 
$
(33,071
)
 
$
(8,070
)
 
$
553,828

Capital expenditures
$
10,165

 
$
34,340

 
$

 
$
44,505

 
Nine Months Ended September 30, 2015
 
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
656,345

 
$
61,226

 
$

 
$
717,571

Distribution
916,751

 
272,115

 
(4,452
)
 
1,184,414

Consolidated revenues, net
$
1,573,096

 
$
333,341

 
$
(4,452
)
 
$
1,901,985

Adjusted operating income
$
622,385

 
$
21,038

 
$
(2,294
)
 
$
641,129

Share-based compensation expense
(18,492
)
 
(5,418
)
 

 
(23,910
)
Restructuring expense
(817
)
 
(5,124
)
 

 
(5,941
)
Depreciation and amortization
(21,911
)
 
(40,518
)
 

 
(62,429
)
Operating income (loss)
$
581,165

 
$
(30,022
)
 
$
(2,294
)
 
$
548,849

Capital expenditures
$
17,095

 
$
31,715

 
$

 
$
48,810


Summary Of Inter-Segment Eliminations
Inter-segment eliminations are primarily licensing revenues recognized between the National Networks and International and Other segments as well as revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Inter-segment revenues
 
 
 
 
 
 
 
National Networks
$
(5,079
)
 
$
(3,563
)
 
$
(12,015
)
 
$
(4,351
)
International and Other
(8
)
 
(15
)
 
(258
)
 
(101
)
 
$
(5,087
)
 
$
(3,578
)
 
$
(12,273
)
 
$
(4,452
)
Schedule of Revenue by Geographic Area
The table below summarizes revenues based on customer location:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Revenues
 
 
 
 
 
 
 
United States
$
499,316

 
$
512,062

 
$
1,616,453

 
$
1,548,145

Europe
93,356

 
84,415

 
290,879

 
238,357

Other
41,974

 
35,688

 
118,725

 
115,483

 
$
634,646

 
$
632,165

 
$
2,026,057

 
$
1,901,985

Schedule of Disclosure on Geographic Areas, Long-Lived Assets
The table below summarizes property and equipment based on asset location:
 
September 30, 2016
 
December 31, 2015
Property and equipment, net
 
 
 
United States
$
95,589

 
$
93,951

Europe
61,914

 
48,043

Other
20,191

 
21,866

 
$
177,694

 
$
163,860