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Segment Information | 6 Months Ended
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Jun. 30, 2015
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company classifies its operations into two operating segments: National Networks and International and Other. These reportable segments represent strategic business units that are managed separately. The Company generally allocates all corporate overhead costs to the Company’s two operating segments based upon their proportionate estimated usage of services, including such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, tax, accounting, audit, treasury, risk management, strategic planning and information technology) as well as sales support functions and creative and production services. The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating cash flow (defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, and restructuring expense or credit). The Company has presented the components that reconcile adjusted operating cash flow to operating income, an accepted GAAP measure and other information as to the continuing operations of the Company’s reportable segments below.
| Three Months Ended June 30, 2015
| National Networks |  | International and Other |  | Inter-segment eliminations |  | Consolidated
Revenues, net |  |  |  |  |  |  |
Advertising | $ | 185,712 |  |  | $ | 21,778 |  |  | $ | — |  |  | $ | 207,490 |
Distribution | 302,896 |  |  | 91,105 |  |  | (353 | ) |  | 393,648 |
Consolidated revenues, net | $ | 488,608 |  |  | $ | 112,883 |  |  | $ | (353 | ) |  | $ | 601,138 |
Adjusted operating cash flow | $ | 182,553 |  |  | $ | 8,610 |  |  | $ | 166 |  |  | $ | 191,329 |
Depreciation and amortization | (7,212 | ) |  | (13,828 | ) |  | — |  |  | (21,040 | )
Share-based compensation expense | (7,043 | ) |  | (1,758 | ) |  | — |  |  | (8,801 | )
Restructuring expense | (651 | ) |  | (2,003 | ) |  | — |  |  | (2,654 | )
Operating income (loss) | $ | 167,647 |  |  | $ | (8,979 | ) |  | $ | 166 |  |  | $ | 158,834 |
| Three Months Ended June 30, 2014
| National Networks |  | International and Other |  | Inter-segment eliminations |  | Consolidated
Revenues, net |  |  |  |  |  |  |
Advertising | $ | 163,836 |  |  | $ | 16,475 |  |  | $ | — |  |  | $ | 180,311 |
Distribution | 234,168 |  |  | 108,125 |  |  | (511 | ) |  | 341,782 |
Consolidated revenues, net | $ | 398,004 |  |  | $ | 124,600 |  |  | $ | (511 | ) |  | $ | 522,093 |
Adjusted operating cash flow | $ | 136,918 |  |  | $ | 19,537 |  |  | $ | 464 |  |  | $ | 156,919 |
Depreciation and amortization | (5,046 | ) |  | (12,485 | ) |  | — |  |  | (17,531 | )
Share-based compensation expense | (6,624 | ) |  | (2,136 | ) |  | — |  |  | (8,760 | )
Restructuring expense | — |  |  | (1,153 | ) |  | — |  |  | (1,153 | )
Operating income | $ | 125,248 |  |  | $ | 3,763 |  |  | $ | 464 |  |  | $ | 129,475 |
| Six Months Ended June 30, 2015
| National Networks |  | International and Other |  | Inter-segment eliminations |  | Consolidated
Revenues, net |  |  |  |  |  |  |
Advertising | $ | 446,151 |  |  | $ | 40,581 |  |  | $ | — |  |  | $ | 486,732 |
Distribution | 605,304 |  |  | 178,658 |  |  | (874 | ) |  | 783,088 |
Consolidated revenues, net | $ | 1,051,455 |  |  | $ | 219,239 |  |  | $ | (874 | ) |  | $ | 1,269,820 |
Adjusted operating cash flow | $ | 435,811 |  |  | $ | 14,289 |  |  | $ | 447 |  |  | $ | 450,547 |
Depreciation and amortization | (14,574 | ) |  | (26,993 | ) |  | — |  |  | (41,567 | )
Share-based compensation expense | (12,453 | ) |  | (3,636 | ) |  | — |  |  | (16,089 | )
Restructuring expense | (717 | ) |  | $ | (2,593 | ) |  | $ | — |  |  | $ | (3,310 | )
Operating income (loss) | $ | 408,067 |  |  | $ | (18,933 | ) |  | $ | 447 |  |  | $ | 389,581 |
Capital expenditures | $ | 11,484 |  |  | $ | 21,640 |  |  | $ | — |  |  | $ | 33,124 |
| Six Months Ended June 30, 2014
| National Networks |  | International and Other |  | Inter-segment eliminations |  | Consolidated
Revenues, net |  |  |  |  |  |  |
Advertising | $ | 371,739 |  |  | $ | 24,489 |  |  | $ | — |  |  | $ | 396,228 |
Distribution | 474,945 |  |  | 176,689 |  |  | (1,215 | ) |  | 650,419 |
Consolidated revenues, net | $ | 846,684 |  |  | $ | 201,178 |  |  | $ | (1,215 | ) |  | $ | 1,046,647 |
Adjusted operating cash flow | $ | 314,664 |  |  | $ | 8,488 |  |  | $ | 873 |  |  | $ | 324,025 |
Depreciation and amortization | (9,953 | ) |  | (21,972 | ) |  | — |  |  | (31,925 | )
Share-based compensation expense | (10,789 | ) |  | (3,050 | ) |  | — |  |  | (13,839 | )
Restructuring expense | — |  |  | (1,153 | ) |  | — |  |  | (1,153 | )
Operating income (loss) | $ | 293,922 |  |  | $ | (17,687 | ) |  | $ | 873 |  |  | $ | 277,108 |
Capital expenditures | $ | 7,204 |  |  | $ | 11,551 |  |  | $ | — |  |  | $ | 18,755 |
Inter-segment eliminations are primarily revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment as well as distribution licensing revenues recognized between the National Networks and International and Other segments.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Inter-segment revenues |  |  |  |  |  |  |
National Networks | $ | (336 | ) |  | $ | (316 | ) |  | $ | (788 | ) |  | $ | (990 | )
International and Other | (17 | ) |  | (195 | ) |  | (86 | ) |  | (225 | )
| $ | (353 | ) |  | $ | (511 | ) |  | $ | (874 | ) |  | $ | (1,215 | )
The table below summarizes revenues based on customer location:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Revenues |  |  |  |  |  |  |
United States | $ | 472,258 |  |  | $ | 383,610 |  |  | $ | 1,036,083 |  |  | $ | 832,760 |
Europe | 78,056 |  |  | 107,231 |  |  | 153,942 |  |  | 157,014 |
Other | 50,824 |  |  | 31,252 |  |  | 79,795 |  |  | 56,873 |
| $ | 601,138 |  |  | $ | 522,093 |  |  | $ | 1,269,820 |  |  | $ | 1,046,647 |
The table below summarizes property and equipment based on asset location:
| June 30, 2015 |  | December 31, 2014
Property and equipment, net |  |  |
United States | $ | 84,940 |  |  | $ | 79,832 |
Europe | 35,356 |  |  | 33,380 |
Other | 20,027 |  |  | 20,632 |
| $ | 140,323 |  |  | $ | 133,844 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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