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Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Summary of Continuing Operations by Reportable Segment The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below.
(In thousands)Three Months Ended June 30, 2023
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$333,754 $57,280 $— $391,034 
Content licensing and other80,914 21,658 (2,495)100,077 
Distribution and other414,668 78,938 (2,495)491,111 
Advertising167,151 20,366 — 187,517 
Consolidated revenues, net$581,819 $99,304 $(2,495)$678,628 
Operating income (loss)$162,530 $(11,705)$(45,124)$105,701 
Share-based compensation expenses2,192 846 4,610 7,648 
Depreciation and amortization11,663 4,902 9,180 25,745 
Impairment and other charges— 24,882 — 24,882 
Restructuring and other related charges 3,905 261 1,875 6,041 
Cloud computing amortization— 2,244 2,249 
Majority-owned equity investees AOI4,511 — — 4,511 
Adjusted operating income (loss)$184,806 $19,186 $(27,215)$176,777 


(In thousands)Three Months Ended June 30, 2022
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$347,024 $56,702 $— $403,726 
Content licensing and other72,426 47,335 (8,848)110,913 
Distribution and other419,450 104,037 (8,848)514,639 
Advertising201,652 21,734 — 223,386 
Consolidated revenues, net$621,102 $125,771 $(8,848)$738,025 
Operating income (loss)$188,812 $14,087 $(49,696)$153,203 
Share-based compensation expenses3,172 467 5,044 8,683 
Depreciation and amortization13,439 4,633 9,159 27,231 
Cloud computing amortization— 2,359 2,364 
Majority-owned equity investees AOI4,061 — — 4,061 
Adjusted operating income (loss)$209,489 $19,187 $(33,134)$195,542 
(In thousands)Six Months Ended June 30, 2023
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$681,284 $113,970 $— $795,254 
Content licensing and other184,177 54,518 (4,974)233,721 
   Distribution and other865,461 168,488 (4,974)1,028,975 
   Advertising328,212 38,888 — 367,100 
Consolidated revenues, net$1,193,673 $207,376 $(4,974)$1,396,075 
Operating income (loss)$362,018 $2,437 $(85,450)$279,005 
Share-based compensation expenses6,639 1,685 4,969 13,293 
Depreciation and amortization23,517 9,673 18,430 51,620 
Impairment and other charges— 24,882 — 24,882 
Restructuring and other related charges 4,723 1,646 5,605 11,974 
Cloud computing amortization10 — 4,469 4,479 
Majority-owned equity investees AOI7,287 — — 7,287 
Adjusted operating income (loss)$404,194 $40,323 $(51,977)$392,540 

(In thousands)Six Months Ended June 30, 2022
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$690,772 $117,114 $— $807,886 
Content licensing and other133,680 74,389 (12,085)195,984 
   Distribution and other824,452 191,503 (12,085)1,003,870 
   Advertising402,193 44,119 — 446,312 
Consolidated revenues, net$1,226,645 $235,622 $(12,085)$1,450,182 
Operating income (loss)$387,334 $31,442 $(90,896)$327,880 
Share-based compensation expenses6,845 1,221 8,746 16,812 
Depreciation and amortization25,575 9,536 14,710 49,821 
Cloud computing amortization12 — 3,259 3,271 
Majority-owned equity investees AOI8,942 — — 8,942 
Adjusted operating income (loss)$428,708 $42,199 $(64,181)$406,726 
Schedule of Summary of Inter-Segment Eliminations
Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments.
(In thousands)Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Inter-segment revenues
Domestic Operations$(2,412)$(7,442)$(4,626)$(10,444)
International and Other(83)(1,406)(348)(1,641)
$(2,495)$(8,848)$(4,974)$(12,085)
Schedule of Revenue by Geographic Area
The table below summarizes revenues based on customer location:
(In thousands)Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Revenues
United States$551,637 $600,226 $1,157,865 $1,191,434 
Europe83,718 97,146 157,485 180,071 
Other43,273 40,653 80,725 78,677 
$678,628 $738,025 $1,396,075 $1,450,182 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets
The table below summarizes property and equipment based on asset location:
(In thousands)June 30, 2023December 31, 2022
Property and equipment, net
United States$173,096 $187,833 
Europe11,973 12,520 
Other1,413 1,681 
$186,482 $202,034