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Segment Information (Tables)
9 Months Ended
Sep. 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 September 30, 2023
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$332,135 $56,173 $— $388,308 
Content licensing and other61,916 22,150 (1,842)82,224 
Distribution and other394,051 78,323 (1,842)470,532 
Advertising147,147 19,275 — 166,422 
Consolidated revenues, net$541,198 $97,598 $(1,842)$636,954 
Operating income (loss)$161,627 $7,985 $(48,762)$120,850 
Share-based compensation expenses3,494 815 2,069 6,378 
Depreciation and amortization11,536 4,271 12,202 28,009 
Impairment and other charges5,400 — — 5,400 
Restructuring and other related charges (credits)(783)(4)11,350 10,563 
Cloud computing amortization— 2,331 2,336 
Majority-owned equity investees AOI3,732 — — 3,732 
Adjusted operating income (loss)$185,011 $13,067 $(20,810)$177,268 

(In thousands)Three Months Ended September 30, 2022
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$349,338 $52,765 $— $402,103 
Content licensing and other57,793 29,124 (4,816)82,101 
Distribution and other407,131 81,889 (4,816)484,204 
Advertising180,258 17,381 — 197,639 
Consolidated revenues, net$587,389 $99,270 $(4,816)$681,843 
Operating income (loss)$186,609 $8,291 $(44,223)$150,677 
Share-based compensation expenses3,155 537 3,358 7,050 
Depreciation and amortization12,141 4,482 13,112 29,735 
Cloud computing amortization— 2,047 2,052 
Majority-owned equity investees AOI4,791 — — 4,791 
Adjusted operating income (loss)$206,701 $13,310 $(25,706)$194,305 
(In thousands)Nine Months Ended September 30, 2023
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$1,013,419 $170,143 $— $1,183,562 
Content licensing and other246,093 76,668 (6,816)315,945 
   Distribution and other1,259,512 246,811 (6,816)1,499,507 
   Advertising475,359 58,163 — 533,522 
Consolidated revenues, net$1,734,871 $304,974 $(6,816)$2,033,029 
Operating income (loss)$523,645 $10,422 $(134,212)$399,855 
Share-based compensation expenses10,133 2,500 7,038 19,671 
Depreciation and amortization35,053 13,944 30,632 79,629 
Impairment and other charges5,400 24,882 — 30,282 
Restructuring and other related charges 3,940 1,642 16,955 22,537 
Cloud computing amortization15 — 6,800 6,815 
Majority-owned equity investees AOI11,019 — — 11,019 
Adjusted operating income (loss)$589,205 $53,390 $(72,787)$569,808 

(In thousands)Nine Months Ended September 30, 2022
Domestic OperationsInternational
and Other
Corporate / Inter-segment
Eliminations
Consolidated
Revenues, net
Subscription$1,040,110 $169,879 $— $1,209,989 
Content licensing and other191,473 103,513 (16,901)278,085 
   Distribution and other1,231,583 273,392 (16,901)1,488,074 
   Advertising582,451 61,500 — 643,951 
Consolidated revenues, net$1,814,034 $334,892 $(16,901)$2,132,025 
Operating income (loss)$573,943 $39,733 $(135,119)$478,557 
Share-based compensation expenses10,000 1,758 12,104 23,862 
Depreciation and amortization37,716 14,018 27,822 79,556 
Cloud computing amortization17 — 5,306 5,323 
Majority-owned equity investees AOI13,733 — — 13,733 
Adjusted operating income (loss)$635,409 $55,509 $(89,887)$601,031 
Schedule of Summary of Inter-Segment Eliminations
Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments.
(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Inter-segment revenues
Domestic Operations$(1,825)$(3,864)$(6,451)$(14,308)
International and Other(17)(952)(365)(2,593)
$(1,842)$(4,816)$(6,816)$(16,901)
Schedule of Revenue by Geographic Area
The table below summarizes revenues based on customer location:
(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Revenues
United States$524,044 $569,996 $1,681,909 $1,761,430 
Europe76,332 70,041 233,817 250,112 
Other36,578 41,806 117,303 120,483 
$636,954 $681,843 $2,033,029 $2,132,025 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets
The table below summarizes property and equipment based on asset location:
(In thousands)September 30, 2023December 31, 2022
Property and equipment, net
United States$160,796 $187,833 
Europe10,795 12,520 
Other1,306 1,681 
$172,897 $202,034