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Note 1- Separation from Graham Holdings Company and Description of Business
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Business Description and Basis of Presentation [Text Block]
1.
SEPARATION FROM GRAHAM HOLDINGS COMPANY AND DESCRIPTION OF BUSINESS
 
On November 13, 2014, Graham Holdings Company (“GHC”) announced a plan for the complete legal and structural separation of its wholly owned subsidiary, Cable One, Inc. (“Cable One”), from GHC (also referred to herein as the “spin-off”). On July 1, 2015, GHC distributed, on a pro rata basis, all of the shares of Cable One common stock to GHC shareholders as of the record date for the distribution. Immediately following completion of the spin-off, GHC shareholders owned 100% of the outstanding shares of common stock of Cable One. Since the spin-off, Cable One has operated as an independent publicly-traded company under the ticker symbol “CABO.”
 
On June 16, 2015, in connection with the spin-off, Cable One entered into several agreements with GHC that set forth the principal actions taken or to be taken in connection with the spin-off and that govern the relationship of the parties following the spin-off, including a Separation and Distribution Agreement, a Tax Matters Agreement, and an Employee Matters Agreement.
 
The financial statements included herein have been retroactively restated, including share and per share amounts, to reflect the effects of the spin-off.
 
Common Stock
.
Immediately following the spin-off, approximately 5.83 million shares of Cable One’s common stock were issued and outstanding, based on approximately 0.96 million shares of Graham Holdings Company Class A Common Stock and 4.87 million shares of Graham Holdings Company Class B Common Stock outstanding as of June 30, 2015
.
No preferred stock was issued or outstanding.
 
Description of Business.
Cable One owns and operates cable systems that provide video, data and voice services to residential and commercial subscribers in 19 Midwestern, Western and Southern states of the United States of America. As of June 30, 2015, Cable One provided service to 399,878 video customers, 497,036 data customers and 138,742 voice customers.
 
Unless otherwise stated or the context otherwise indicates, all references in this Quarterly Report to “Cable One,” “us,” “our,” “we” or the “Company” means Cable One, Inc. and its wholly owned subsidiary, Cable One VoIP LLC (the “Subsidiary”)
. References in this Quarterly Report to “GHC” or the “Parent” refer to Graham Holdings Company.