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Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Segment Reporting Information, by Segment


(In thousands)	Year Ended December 31, 2019
			National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	904,253		$	89,659		$	(79)		$	993,833
Distribution	1,464,791			644,484			(42,787)			2,066,488
Consolidated revenues, net	$	2,369,044		$	734,143		$	(42,866)		$	3,060,321
Operating income (loss)	$	804,422		$	(170,039)		$	(9,106)		$	625,277
Share-based compensation expense	52,977			11,156			—			64,133
Depreciation and amortization	32,674			68,424			—			101,098
Impairment and related charges	—			106,603			—			106,603
Restructuring and other related charges	13,453			28,084			(623)			40,914
Majority-owned equity investees AOI	—			5,965			—			5,965
Adjusted operating income	$	903,526		$	50,193		$	(9,729)		$	943,990
Capital expenditures	$	36,199		$	55,405		$	—		$	91,604


(In thousands)	Year Ended December 31, 2018
			National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	944,675		$	91,404		$	—		$	1,036,079
Distribution	1,468,650			506,902			(39,702)			1,935,850
Consolidated revenues, net	$	2,413,325		$	598,306		$	(39,702)		$	2,971,929
Operating income (loss)	$	825,770		$	(93,326)		$	(5,535)		$	726,909
Share-based compensation expense	48,621			12,358			—			60,979
Depreciation and amortization	33,728			57,553			—			91,281
Impairment and related charges	—			4,486			—			4,486
Restructuring and other related charges	17,160			35,189			(6,502)			45,847
Majority-owned equity investees AOI	$	—		3,043			$	—		3,043
Adjusted operating income	$	925,279		$	19,303		$	(12,037)		$	932,545
Capital expenditures	$	16,316		$	73,486		$	—		$	89,802


(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
Depreciation and amortization	33,702			60,936			—			94,638
Impairment and related charges	—			28,148			—			28,148
Restructuring and other related charges	(53)			6,181			—			6,128
Adjusted operating income	$	894,912		$	16,219		$	(6,313)		$	904,818
Capital expenditures	$	25,333		$	54,716		$	—		$	80,049

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,
			2019			2018			2017
Inter-segment revenues
National Networks	$	(32,762)		$	(33,600)		$	(17,634)
International and Other	(10,104)			(6,102)			(1,472)
	$	(42,866)		$	(39,702)		$	(19,106)

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

The table below summarizes revenue based on customer location:


	Years Ended December 31,
(In thousands)	2019		2018		2017
Revenue
United States	$	2,511,686	$	2,389,624	$	2,244,057
Europe	382,888		394,235		369,815
Other	165,747		188,070		191,819
	$	3,060,321	$	2,971,929	$	2,805,691

Long-lived Assets by Geographic Areas

The table below summarizes property and equipment based on asset location:


	Years Ended December 31,
(In thousands)	2019		2018
Property and equipment, net
United States	$	244,175	$	202,833
Europe	25,925		27,218
Other	13,652		16,211
	$	283,752	$	246,262