XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues, net $ 772,299 $ 761,385 $ 1,556,520 $ 1,502,208
Operating expenses        
Technical and operating (excluding depreciation and amortization) 385,623 376,809 725,771 697,174
Selling, general and administrative 173,364 171,376 345,876 337,825
Depreciation and amortization 25,893 21,669 49,949 42,023
Restructuring and other related charges 17,162 0 19,804 0
Total operating expenses 602,042 569,854 1,141,400 1,077,022
Operating income 170,257 191,531 415,120 425,186
Other income (expense):        
Interest expense (39,716) (39,265) (79,361) (77,470)
Interest income 4,745 5,332 8,945 10,351
Miscellaneous, net (2,697) (14,719) (15,482) 2,227
Total other income (expense) (37,668) (48,652) (85,898) (64,892)
Income from operations before income taxes 132,589 142,879 329,222 360,294
Income tax benefit (expense) 1,396 (32,547) (45,080) (89,426)
Net income including noncontrolling interests 133,985 110,332 284,142 270,868
Net income attributable to noncontrolling interests (5,242) (4,151) (12,002) (7,817)
Net income attributable to AMC Networks' stockholders $ 128,743 $ 106,181 $ 272,140 $ 263,051
Net income per share attributable to AMC Networks' stockholders:        
Basic (in dollars per share) $ 2.28 $ 1.84 $ 4.81 $ 4.43
Diluted (in dollars per share) $ 2.25 $ 1.82 $ 4.73 $ 4.38
Weighted average common shares        
Basic (in shares) 56,590 57,758 56,589 59,354
Diluted (in shares) 57,335 58,387 57,529 60,044