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Interim Financial Information | 12 Months Ended
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Dec. 31, 2011
Interim Financial Information [Abstract] |
Interim Financial Information | Note 20. Interim Financial Information (Unaudited) The following is a summary of the Company's selected quarterly financial data for the years ended December 31, 2011 and 2010:
|  | For the three months ended, |  |  |  |
|  | March 31, |  |  | June 30, |  | September 30, |  |  | December 31, |  |  |  |
2011: |  | 2011 |  |  | 2011 |  |  | 2011 |  |  | 2011 |  |  | 2011 |
Revenues, net | $ | 272,903 |  | $ | 291,965 |  | $ | 283,914 |  | $ | 338,959 |  | $ | 1,187,741 |
Operating expenses |  | (202,224 | ) |  | (209,691 | ) |  | (189,470 | ) |  | (259,840 | ) |  | (861,225 | )
Operating income | $ | 70,679 |  | $ | 82,274 |  | $ | 94,444 |  | $ | 79,119 |  | $ | 326,516 |
Income from continuing operations | $ | 29,722 |  | $ | 27,058 |  | $ | 40,317 |  | $ | 29,265 |  | $ | 126,362 |
Income (loss) from discontinued |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
operations, net of income taxes |  | 96 |  |  | 97 |  |  | (314 | ) |  | 213 |  |  | 92 |
Net income | $ | 29,818 |  | $ | 27,155 |  | $ | 40,003 |  | $ | 29,478 |  | $ | 126,454 |
Basic net income per share (a): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.43 |  | $ | 0.39 |  | $ | 0.58 |  | $ | 0.42 |  | $ | 1.82 |
Loss from discontinued operations | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
Net income | $ | 0.43 |  | $ | 0.39 |  | $ | 0.58 |  | $ | 0.42 |  | $ | 1.83 |
Diluted net income per share (a): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.43 |  | $ | 0.39 |  | $ | 0.56 |  | $ | 0.40 |  | $ | 1.79 |
Loss from discontinued operations | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
Net income | $ | 0.43 |  | $ | 0.39 |  | $ | 0.55 |  | $ | 0.41 |  | $ | 1.79 |
|  | For the three months ended, |  |  |  |
|  | March 31, |  |  | June 30, |  | September 30, |  |  | December31, |  |  |  |
2010: |  | 2010 |  |  | 2010 |  |  | 2010 |  |  | 2010 |  |  | 2010 |
Revenues, net | $ | 248,372 |  | $ | 260,013 |  | $ | 271,433 |  | $ | 298,482 |  | $ | 1,078,300 |
Operating expenses |  | (187,347 | ) |  | (188,375 | ) |  | (194,501 | ) |  | (228,241 | ) |  | (798,464 | )
Operating income | $ | 61,025 |  | $ | 71,638 |  | $ | 76,932 |  | $ | 70,241 |  | $ | 279,836 |
Income from continuing operations | $ | 24,029 |  | $ | 30,512 |  | $ | 33,741 |  | $ | 29,907 |  | $ | 118,189 |
Loss from discontinued operations, net of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
income taxes |  | (10,596 | ) |  | (8,411 | ) |  | (8,482 | ) |  | (10,601 | ) |  | (38,090 | )
Net income | $ | 13,433 |  | $ | 22,101 |  | $ | 25,259 |  | $ | 19,306 |  | $ | 80,099 |
Basic net income (loss) per share (a): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.35 |  | $ | 0.44 |  | $ | 0.49 |  | $ | 0.43 |  | $ | 1.71 |
Loss from discontinued operations | $ | (0.15 | ) | $ | (0.12 | ) | $ | (0.12 | ) | $ | (0.15 | ) | $ | (0.55 | )
Net income | $ | 0.19 |  | $ | 0.32 |  | $ | 0.37 |  | $ | 0.28 |  | $ | 1.16 |
(a) Common shares assumed to be outstanding for both basic and diluted earnings per share during the three months ended March 31, 2011 and June 30, 2011 and for each three month period and year ended in 2010 totaled 69,161,000, representing the number of shares of Company common stock issued to Cablevision shareholders on the Distribution date, and excludes unvested outstanding restricted shares, based on a distribution ratio of one share of AMC Networks common stock for every four shares of Cablevision common stock outstanding. As set forth in the table above, there have been changes in the level of the Company's revenues, net from quarter to quarter and/or changes from year to year due primarily to increased advertising revenue and, to a lesser extent, affiliation fee and other revenue items. In addition, the Company's operating expenses have also changed from quarter to quarter and/or year over year due primarily to the timing of the exhibition, promotion and marketing of program rights and/or program rights write-downs based on management's assessment of programming usefulness. In addition to the changes in operating income, non-operating income and expense items such as interest expense, net, write-off of deferred financing costs, loss on extinguishment of debt and income tax expense also impact quarter over quarter and year over year net income.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=6952194&loc=d3e1280-108306 + Details
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