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Segment Information (Tables)
12 Months Ended
Dec. 31, 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)Year Ended December 31, 2023
Domestic Operations
International
and Other
Corporate / Inter-segment
eliminations
Consolidated
Revenues, net
Subscription$1,340,207 $220,854 $— $1,561,061 
Content licensing and other342,557 101,799 (9,186)435,170 
Distribution and other1,682,764 322,653 (9,186)1,996,231 
Advertising633,823 81,823 — 715,646 
Consolidated revenues, net$2,316,587 $404,476 $(9,186)$2,711,877 
Operating income (loss)$583,542 $(9,624)$(185,506)$388,412 
Share-based compensation expenses13,765 3,388 8,512 25,665 
Depreciation and amortization46,494 18,127 42,781 107,402 
Impairment and other charges51,966 44,723 — 96,689 
Restructuring and other related charges3,350 3,934 20,503 27,787 
Cloud computing amortization21 — 10,522 10,543 
Majority-owned equity investees AOI13,606 — — 13,606 
Adjusted operating income$712,744 $60,548 $(103,188)$670,104 
Capital expenditures$2,535 $4,298 $28,374 $35,207 
(In thousands)Year Ended December 31, 2022
Domestic Operations
International
and Other
Corporate / Inter-segment
eliminations
Consolidated
Revenues, net
Subscription$1,395,026 $223,515 $— $1,618,541 
Content licensing and other491,870 135,406 (21,122)606,154 
Distribution and other1,886,896 358,921 (21,122)2,224,695 
Advertising788,246 83,604 — 871,850 
Consolidated revenues, net$2,675,142 $442,525 $(21,122)$3,096,545 
Operating income (loss)$286,517 $3,031 $(202,632)$86,916 
Share-based compensation expenses12,815 3,900 13,271 29,986 
Depreciation and amortization49,588 18,487 39,152 107,227 
Impairment and other charges— 40,717 — 40,717 
Restructuring and other related charges423,205 2,854 22,907 448,966 
Cloud computing amortization23 — 7,319 7,342 
Majority-owned equity investees AOI17,248 — — 17,248 
Adjusted operating income$789,396 $68,989 $(119,983)$738,402 
Capital expenditures$4,572 $6,039 $33,661 $44,272 
(In thousands)Year Ended December 31, 2021
Domestic Operations
International
and Other
Corporate / Inter-segment
eliminations
Consolidated
Revenues, net
Subscription$1,318,732 $249,844 $— $1,568,576 
Content licensing and other416,898 155,805 (14,325)558,378 
Distribution and other1,735,630 405,649 (14,325)2,126,954 
Advertising844,986 105,668 — 950,654 
Consolidated revenues, net$2,580,616 $511,317 $(14,325)$3,077,608 
Operating income (loss)$617,875 $37,167 $(165,120)$489,922 
Share-based compensation expenses22,077 3,627 22,221 47,925 
Depreciation and amortization48,025 19,807 26,049 93,881 
Impairment and other charges143,000 16,610 — 159,610 
Restructuring and other related charges2,516 6,083 1,779 10,378 
Cloud computing amortization— — 2,406 2,406 
Majority-owned equity investees AOI11,948 — — 11,948 
Adjusted operating income$845,441 $83,294 $(112,665)$816,070 
Capital expenditures$9,635 $6,009 $26,928 $42,572 
Schedule of Summary of Inter-Segment Eliminations
(In thousands)Years Ended December 31,
202320222021
Inter-segment revenues
Domestic Operations$(8,786)$(17,643)$(10,584)
International and Other(400)(3,479)(3,741)
$(9,186)$(21,122)$(14,325)
Schedule of Revenue by Geographic Area
The table below summarizes revenue based on customer location:
Years Ended December 31,
(In thousands)202320222021
Revenue
United States$2,210,253 $2,574,504 $2,462,210 
Europe329,093 354,492 432,682 
Other172,531 167,549 182,716 
$2,711,877 $3,096,545 $3,077,608 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets
The table below summarizes property and equipment based on asset location:
Years Ended December 31,
(In thousands)20232022
Property and equipment, net
United States$146,314 $187,833 
Europe11,850 12,520 
Other1,073 1,681 
$159,237 $202,034