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Equity and Long-Term Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2018
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, 2018:
 
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, 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

Granted
587,471

 
887,807

 
$
52.76

Released/Vested
(531,655
)
 
(227,852
)
 
$
66.58

Canceled/Forfeited
(294,380
)
 
(91,335
)
 
$
59.80

Unvested award balance, December 31, 2018
881,477

 
2,384,767

 
$
57.49


All restricted stock units granted vest ratably over a three or four 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, 2018:
 
Number of
Restricted
Stock Units
 
Weighted Average 
Fair Value Per Stock Unit at Date of Grant
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

Granted
32,210

 
$
61.38

Released/Vested

 
$

Vested award balance, December 31, 2018
219,656

 
$
54.40

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, 2018:
 
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, 2016
388,385

 
$
48.26

 
9.79
 
$
1,585

Granted

 
$

 
 
 
 
Balance, December 31, 2017
388,385

 
$
48.26

 
8.79
 
$
2,260

Exercised
(89,462
)
 
$

 
 
 
 
Balance, December 31, 2018
298,923

 
$
48.26

 
7.79
 
$
1,979

Options exercisable at December 31, 2018
169,462

 
$
48.26

 
7.79
 
$
1,122

Options expected to vest in the future
129,461

 
$
48.26

 
7.79
 
$
857

(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 the reporting date, as indicated.