XML 68 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
(In thousands)
Year Ended December 31, 2017
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
959,551

 
$
89,894

 
$
—

 
$
1,049,445

Distribution
1,408,064

 
367,288

 
(19,106
)
 
1,756,246

Consolidated revenues, net
$
2,367,615

 
$
457,182

 
$
(19,106
)
 
$
2,805,691

Operating income (loss)
$
817,566

 
$
(88,894
)
 
$
(6,313
)
 
$
722,359

Share-based compensation expense
43,697

 
9,848

 
—

 
53,545

Restructuring (credit) expense
(53
)
 
6,181

 
—

 
6,128

Impairment and related charges
—

 
28,148

 
—

 
28,148

Depreciation and amortization
33,702

 
60,936

 
—

 
94,638

Adjusted operating income
$
894,912

 
$
16,219

 
$
(6,313
)
 
$
904,818

Capital expenditures
$
25,333

 
$
54,716

 
$
—

 
$
80,049

(In thousands)
Year Ended December 31, 2016
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
990,508

 
$
94,467

 
$
(1,000
)
 
$
1,083,975

Distribution
1,320,532

 
365,529

 
(14,382
)
 
1,671,679

Consolidated revenues, net
$
2,311,040

 
$
459,996

 
$
(15,382
)
 
$
2,755,654

Operating income (loss)
$
784,027

 
$
(120,914
)
 
$
(5,557
)
 
$
657,556

Share-based compensation expense
30,569

 
8,328

 
—

 
38,897

Restructuring expense
8,516

 
20,987

 
—

 
29,503

Impairment and related charges
—

 
67,805

 
—

 
67,805

Depreciation and amortization
32,376

 
52,402

 
—

 
84,778

Adjusted operating income
$
855,488

 
$
28,608

 
$
(5,557
)
 
$
878,539

Capital expenditures
$
15,947

 
$
63,273

 
$
—

 
$
79,220

(In thousands)
Year Ended December 31, 2015
National
Networks
 
International
and Other
 
Inter-segment
eliminations
 
Consolidated
Revenues, net
 
 
 
 
 
 
 
Advertising
$
945,288

 
$
82,972

 
$
—

 
$
1,028,260

Distribution
1,190,079

 
369,606

 
(7,010
)
 
1,552,675

Consolidated revenues, net
$
2,135,367

 
$
452,578

 
$
(7,010
)
 
$
2,580,935

Operating income (loss)
$
754,243

 
$
(42,542
)
 
$
(2,508
)
 
$
709,193

Share-based compensation expense
23,814

 
7,206

 
—

 
31,020

Restructuring expense
3,194

 
11,804

 
—

 
14,998

Depreciation and amortization
29,742

 
53,289

 
—

 
83,031

Adjusted operating income
$
810,993

 
$
29,757

 
$
(2,508
)
 
$
838,242

Capital expenditures
$
24,386

 
$
43,935

 
$
—

 
$
68,321
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.
(In thousands)
Years Ended December 31,
2017
 
2016
 
2015
Inter-segment revenues
 
 
 
 
 
National Networks
$
(17,634
)
 
$
(14,963
)
 
$
(6,719
)
International and Other
(1,472
)
 
(419
)
 
(291
)
 
$
(19,106
)
 
$
(15,382
)
 
$
(7,010
)
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area
The table below summarizes revenue based on customer location:
(In thousands)
Year Ended December 31, 2017
 
Year Ended December 31, 2016
Revenue
 
 
 
United States
$
2,244,057

 
$
2,215,430

Europe
369,815

 
384,234

Other
191,819

 
155,990

 
$
2,805,691

 
$
2,755,654
Long-lived Assets by Geographic Areas
The table below summarizes property and equipment based on asset location:
(In thousands)
December 31, 2017
 
December 31, 2016
Property and equipment, net
 
 
 
United States
$
136,203

 
$
104,939

Europe
28,261

 
39,976

Other
19,050

 
21,721

 
$
183,514

 
$
166,636