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EQUITY PLANS (Tables)
6 Months Ended
Jun. 30, 2011
Equity Plans [Abstract]  
Activity for stock options
The following table summarizes activity relating to Company employees who held Cablevision stock options for the six months ended June 30, 2011:

   
Shares Under Option
  
Weighted Average
  
Weighted Average Remaining
    
   
Time
Vesting
Options
  
Performance
Vesting
Options
  
Exercise
Price Per
Share(a)
  
Contractual
Term
(in years)
  
Aggregate
Intrinsic
Value(b)
 
Balance, December 31, 2010
  6,163,042   403,200  $11.10   4.18  $149,373 
Exercised
  (307,643)  -   9.85         
Forfeited/Expired
  (15,000)  -   38.25         
Balance, June 30, 2011
  5,840,399   403,200   8.17   3.92  $115,377 
Options exercisable at June 30, 2011
  4,533,401   -  $8.21   3.71  $83,565 
Options expected to vest in the future
  1,306,998   403,200  $8.05   4.46  $31,812 

In addition, the following table summarizes activity relating to AMC Networks and Madison Square Garden employees who held Cablevision stock options for the six months ended June 30, 2011:

   
Shares Under Option
  
Weighted Average
  
Weighted Average Remaining
    
   
Time
Vesting
Options
  
Performance
Vesting
Options
  
Exercise
Price Per
Share(a)
  
Contractual
Term
(in years)
  
Aggregate
Intrinsic
Value(b)
 
Balance, December 31, 2010
  906,985   92,200  $11.57   4.29  $22,252 
Exercised
  (136,316)  (59,800)  14.59         
Forfeited/Expired
  -   -   -         
Balance, June 30, 2011
  770,669   32,400   7.97   3.60  $14,998 
Options exercisable at June 30, 2011
  645,403   32,400  $8.29   3.10  $12,442 
Options expected to vest in the future
  125,266   -  $6.24   3.19  $2,556 
_________________
(a)
Option exercise prices relating to activity occurring on and as of the AMC Networks Distribution date were adjusted to 73.59% of their pre-AMC Networks Distribution exercise prices.
(b)
The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of Cablevision's NY Group Class A common stock on June 30, 2011 or December 31, 2010, as indicated, and June 30, 2011 in the case of the options expected to vest in the future.

Activity for restricted shares
The following table summarizes activity relating to Company employees who held Cablevision restricted shares for the six months ended June 30, 2011:

   
Number of Restricted Shares
  
Number of Performance Restricted Shares
  
Weighted Average Fair Value Per Share at Date of Grant(b)
 
Unvested award balance, December 31, 2010
  6,032,120   606,600  $16.24 
Granted
  946,830   331,200   36.10 
Vested
  (1,528,870)  -   20.89 
Awards forfeited
  (81,205)  -   21.25 
Transfers(a)
  (140,520)  -   14.59 
Unvested award balance, June 30, 2011
  5,228,355   937,800   14.05 
 
The following table summarizes activity relating to AMC Networks and Madison Square Garden employees who held Cablevision restricted shares for the six months ended June 30, 2011:

   
Number of Restricted Shares
  
Number of Performance Restricted Shares
  
Weighted Average Fair Value Per Share at Date of Grant(b)
 
Unvested award balance, December 31, 2010
  2,914,770   -  $14.48 
Granted(c)
  303,530   76,090   36.10 
Vested
  (700,190)  -   20.64 
Awards forfeited
  (153,120)  -   12.20 
Transfers(a)
  140,520   -   14.59 
Unvested award balance, June 30, 2011
  2,505,510   76,090   12.04 
_________________
(a)
Represents the transfer of restricted stock awards for employees who transferred from/to Cablevision affiliated entities to/from AMC Networks during the period.
(b)
Restricted share grant date fair values relating to activity occurring on and as of the AMC Networks Distribution date were adjusted to 73.59% of their pre-AMC Networks Distribution grant date fair value per share amount.
(c)
Represents restricted shares granted to AMC Networks' employees in March 2011.  Subsequent to the AMC Distribution, these restricted shares were cancelled and replaced with AMC Networks shares.