Interim Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2016

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, 2016 and 2015:



	For the three months ended,
2016:	March 31, 2016			June 30, 2016			September 30, 2016			December 31, 2016			2016
Revenues, net	$	706,579		$	684,832		$	634,646		$	729,597		$	2,755,654
Operating expenses	(447,920		)	(506,800		)	(517,509		)	(625,869		)	(2,098,098		)
Operating income	$	258,659		$	178,032		$	117,137		$	103,728		$	657,556
Net income including noncontrolling interests	$	120,064		$	83,387		$	67,469		$	19,043		$	289,963
Net income attributable to AMC Networks’ stockholders	$	113,444		$	77,175		$	65,393		$	14,498		$	270,510
Basic net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	1.56		$	1.06		$	0.91		$	0.21		$	3.77
Net income	$	1.56		$	1.06		$	0.91		0.21			$	3.77
Diluted net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	1.55		$	1.05		$	0.91		$	0.20		$	3.74
Net income	$	1.55		$	1.05		$	0.91		$	0.20		$	3.74



	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

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 expense. In addition to the changes in operating income including restructuring expense and impairment charges, 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.