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Equity and Long-Term Incentive Plans (Tables)
 12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following table summarizes activity relating to Company employees who held AMC Networks restricted stock units for the year ended December 31, 2017:
 
Number of
Restricted
Stock Units
 
Number of
Performance
Restricted
Stock Units
 
Weighted Average 
Fair Value Per Stock Unit at Date of Grant
Unvested award balance, December 31, 2015
853,386

 
683,393

 
$
70.07

Granted
493,659

 
767,693

 
$
60.73

Released/Vested
(257,114
)
 
(79,321
)
 
$
61.28

Canceled/Forfeited
(107,633
)
 
(17,304
)
 
$
71.19

Unvested award balance, December 31, 2016
982,298

 
1,354,461

 
$
66.23

Granted
586,600

 
642,139

 
$
59.78

Released/Vested
(392,892
)
 
(164,926
)
 
$
71.48

Canceled/Forfeited
(55,965
)
 
(15,527
)
 
$
68.15

Unvested award balance, December 31, 2017
1,120,041

 
1,816,147

 
$
62.53


During 2017, the Company issued 586,600 restricted stock units and 642,139 performance restricted stock units to certain executive officers and employees under the 2016 Employee Stock Plan. All restricted stock units granted during 2017 vest ratably over a three-year period.
The target number of PRSUs granted represents the right to receive a corresponding number of shares, subject to adjustment based on the performance of the Company against target performance criteria for a three year period. The number of shares issuable at the end of the applicable measurement period ranges from 0% to 200% of the target PRSU award.
The following table summarizes activity relating to Non-employee Directors who held AMC Networks restricted stock units for the year ended December 31, 2017:
 
Number of
Restricted
Stock Units
 
Weighted Average 
Fair Value Per Stock Unit at Date of Grant
Vested award balance, December 31, 2015
127,555

 
$
51.33

Granted
27,066

 
$
61.69

Released/Vested
—

 
$
—

Vested award balance, December 31, 2016
154,621

 
$
53.15

Granted
32,825

 
$
53.48

Released/Vested
—

 
$
—

Vested award balance, December 31, 2017
187,446

 
$
53.20
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes activity relating to employees of the Company who held unvested AMC Networks stock options for the year ended December 31, 2017:
 
Shares Under Option
 
Weighted
Average
Exercise Price
Per Share
 
Weighted
Average
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value(a)
 
Time
Vesting
Options
 
Balance, December 31, 2015
—

 
$
—

 

 


Granted
388,385

 
$
48.26

 
 
 
 
Balance, December 31, 2016
388,385

 
$
48.26

 
9.79
 
$
1,585

Granted
—

 
$
—

 
 
 
 
Balance, December 31, 2017
388,385

 
$
48.26

 
8.79
 
$
2,260

Options exercisable at December 31, 2017
129,462

 
$
48.26

 
8.79
 
$
753

Options expected to vest in the future
258,923

 
$
48.26

 
8.79
 
$
1,507

(a)
The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of AMC Networks Class A Common Stock on December 31, 2017 or December 31, 2016, as indicated.