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Condensed Consolidating Financial Statements (Tables) | 6 Months Ended
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Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheet |
Condensed Consolidating Balance Sheet
June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 894 |  |  | $ | 122,665 |  |  | $ | 117,501 |  |  | $ | — |  |  | $ | 241,060 |
Accounts receivable, trade (less allowance for doubtful accounts) | — |  |  | 453,121 |  |  | 153,905 |  |  | — |  |  | 607,026 |
Amounts due from related parties, net | — |  |  | 3,721 |  |  | 254 |  |  | — |  |  | 3,975 |
Current portion of program rights, net | — |  |  | 339,508 |  |  | 100,975 |  |  | — |  |  | 440,483 |
Prepaid expenses, other current assets and intercompany receivable | 24,693 |  |  | 159,592 |  |  | 18,470 |  |  | (130,549 | ) |  | 72,206 |
Deferred tax asset, net | 19,660 |  |  | — |  |  | 2,081 |  |  | — |  |  | 21,741 |
Total current assets | 45,247 |  |  | 1,078,607 |  |  | 393,186 |  |  | (130,549 | ) |  | 1,386,491 |
Property and equipment, net of accumulated depreciation | — |  |  | 85,013 |  |  | 55,310 |  |  | — |  |  | 140,323 |
Investment in affiliates | 2,037,049 |  |  | 946,829 |  |  | — |  |  | (2,983,878 | ) |  | — |
Program rights, net | — |  |  | 929,806 |  |  | 99,121 |  |  | — |  |  | 1,028,927 |
Long-term intercompany notes receivable | 615,906 |  |  | 400,258 |  |  | 201,598 |  |  | (1,217,762 | ) |  | — |
Deferred carriage fees, net | — |  |  | 53,370 |  |  | 2,208 |  |  | — |  |  | 55,578 |
Intangible assets, net | — |  |  | 194,913 |  |  | 367,552 |  |  | — |  |  | 562,465 |
Goodwill | — |  |  | 72,962 |  |  | 654,244 |  |  | — |  |  | 727,206 |
Other assets | 23,525 |  |  | 73,060 |  |  | 112,035 |  |  | — |  |  | 208,620 |
Total assets | $ | 2,721,727 |  |  | $ | 3,834,818 |  |  | $ | 1,885,254 |  |  | $ | (4,332,189 | ) |  | $ | 4,109,610 |
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 12 |  |  | $ | 102,615 |  |  | $ | 43,633 |  |  | $ | — |  |  | $ | 146,260 |
Accrued liabilities and intercompany payable | 36,994 |  |  | 101,626 |  |  | 146,028 |  |  | (130,549 | ) |  | 154,099 |
Current portion of program rights obligations | — |  |  | 225,383 |  |  | 55,258 |  |  | — |  |  | 280,641 |
Deferred revenue | — |  |  | 62,868 |  |  | 7,736 |  |  | — |  |  | 70,604 |
Current portion of long-term debt | 111,000 |  |  | — |  |  | — |  |  | — |  |  | 111,000 |
Current portion of capital lease obligations | — |  |  | 2,312 |  |  | 771 |  |  | — |  |  | 3,083 |
Total current liabilities | 148,006 |  |  | 494,804 |  |  | 253,426 |  |  | (130,549 | ) |  | 765,687 |
Program rights obligations | — |  |  | 441,316 |  |  | 18,334 |  |  | — |  |  | 459,650 |
Long-term debt | 2,612,806 |  |  | — |  |  | — |  |  | — |  |  | 2,612,806 |
Capital lease obligations | — |  |  | 10,603 |  |  | 15,105 |  |  | — |  |  | 25,708 |
Deferred tax liability, net | 121,398 |  |  | — |  |  | 9,744 |  |  | — |  |  | 131,142 |
Other liabilities and intercompany notes payable | 32,177 |  |  | 851,046 |  |  | 409,239 |  |  | (1,217,762 | ) |  | 74,700 |
Total liabilities | 2,914,387 |  |  | 1,797,769 |  |  | 705,848 |  |  | (1,348,311 | ) |  | 4,069,693 |
Commitments and contingencies |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interests | — |  |  | — |  |  | 208,287 |  |  | — |  |  | 208,287 |
Stockholders’ deficiency: |  |  |  |  |  |  |  |  |
AMC Networks stockholders’ (deficiency) equity | (192,660 | ) |  | 2,037,049 |  |  | 946,829 |  |  | (2,983,878 | ) |  | (192,660 | )
Total AMC Networks stockholders’ (deficiency) equity | (192,660 | ) |  | 2,037,049 |  |  | 946,829 |  |  | (2,983,878 | ) |  | (192,660 | )
Non-redeemable noncontrolling interests | — |  |  | — |  |  | 24,290 |  |  | — |  |  | 24,290 |
Total stockholders' (deficiency) equity | (192,660 | ) |  | 2,037,049 |  |  | 971,119 |  |  | (2,983,878 | ) |  | (168,370 | )
Total liabilities and stockholders’ (deficiency) equity | $ | 2,721,727 |  |  | $ | 3,834,818 |  |  | $ | 1,885,254 |  |  | $ | (4,332,189 | ) |  | $ | 4,109,610 |
Condensed Consolidating Balance Sheet
December 31, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1,581 |  |  | $ | 83,676 |  |  | $ | 116,110 |  |  | $ | — |  |  | $ | 201,367 |
Accounts receivable, trade (less allowance for doubtful accounts) | — |  |  | 443,720 |  |  | 143,473 |  |  | — |  |  | 587,193 |
Amounts due from related parties, net | — |  |  | 3,846 |  |  | 256 |  |  | — |  |  | 4,102 |
Current portion of program rights, net | — |  |  | 350,750 |  |  | 86,552 |  |  | — |  |  | 437,302 |
Prepaid expenses, other current assets and intercompany receivable | 44,011 |  |  | 75,631 |  |  | 6,702 |  |  | (52,050 | ) |  | 74,294 |
Deferred tax asset, net | 22,221 |  |  | — |  |  | 2,601 |  |  | — |  |  | 24,822 |
Total current assets | 67,813 |  |  | 957,623 |  |  | 355,694 |  |  | (52,050 | ) |  | 1,329,080 |
Property and equipment, net of accumulated depreciation | — |  |  | 80,064 |  |  | 53,780 |  |  | — |  |  | 133,844 |
Investment in affiliates | 1,851,065 |  |  | 1,237,919 |  |  | — |  |  | (3,088,984 | ) |  | — |
Program rights, net | — |  |  | 878,294 |  |  | 81,647 |  |  | — |  |  | 959,941 |
Long-term intercompany notes receivable | 624,100 |  |  | 111,263 |  |  | 198,304 |  |  | (933,667 | ) |  | — |
Deferred carriage fees, net | — |  |  | 44,644 |  |  | 2,093 |  |  | — |  |  | 46,737 |
Intangible assets, net | — |  |  | 199,785 |  |  | 391,039 |  |  | — |  |  | 590,824 |
Goodwill | — |  |  | 74,224 |  |  | 660,132 |  |  | — |  |  | 734,356 |
Other assets | 26,760 |  |  | 63,700 |  |  | 91,345 |  |  | — |  |  | 181,805 |
Total assets | $ | 2,569,738 |  |  | $ | 3,647,516 |  |  | $ | 1,834,034 |  |  | $ | (4,074,701 | ) |  | $ | 3,976,587 |
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 15 |  |  | $ | 62,573 |  |  | $ | 39,278 |  |  | $ | — |  |  | $ | 101,866 |
Accrued liabilities and intercompany payable | 39,566 |  |  | 155,569 |  |  | 61,701 |  |  | (52,050 | ) |  | 204,786 |
Current portion of program rights obligations | — |  |  | 212,310 |  |  | 58,889 |  |  | — |  |  | 271,199 |
Deferred revenue | — |  |  | 30,184 |  |  | 6,704 |  |  | — |  |  | 36,888 |
Promissory note payable | — |  |  | — |  |  | 40,000 |  |  | — |  |  | 40,000 |
Current portion of long-term debt | 74,000 |  |  | — |  |  | — |  |  | — |  |  | 74,000 |
Current portion of capital lease obligations | — |  |  | 2,226 |  |  | 727 |  |  | — |  |  | 2,953 |
Total current liabilities | 113,581 |  |  | 462,862 |  |  | 207,299 |  |  | (52,050 | ) |  | 731,692 |
Program rights obligations | — |  |  | 453,343 |  |  | 12,329 |  |  | — |  |  | 465,672 |
Long-term debt | 2,685,566 |  |  | — |  |  | — |  |  | — |  |  | 2,685,566 |
Capital lease obligations | — |  |  | 11,884 |  |  | 15,502 |  |  | — |  |  | 27,386 |
Deferred tax liability, net | 113,742 |  |  | — |  |  | 14,324 |  |  | — |  |  | 128,066 |
Other liabilities and intercompany payable | 28,604 |  |  | 868,362 |  |  | 122,204 |  |  | (933,667 | ) |  | 85,503 |
Total liabilities | 2,941,493 |  |  | 1,796,451 |  |  | 371,658 |  |  | (985,717 | ) |  | 4,123,885 |
Commitments and contingencies |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interests | — |  |  | — |  |  | 204,611 |  |  | — |  |  | 204,611 |
Stockholders’ deficiency: |  |  |  |  |  |  |  |  |
AMC Networks stockholders’ (deficiency) equity | (371,755 | ) |  | 1,851,065 |  |  | 1,237,919 |  |  | (3,088,984 | ) |  | (371,755 | )
Total AMC Networks stockholders’ (deficiency) equity | (371,755 | ) |  | 1,851,065 |  |  | 1,237,919 |  |  | (3,088,984 | ) |  | (371,755 | )
Non-redeemable noncontrolling interests | — |  |  | — |  |  | 19,846 |  |  | — |  |  | 19,846 |
Total stockholders' (deficiency) equity | (371,755 | ) |  | 1,851,065 |  |  | 1,257,765 |  |  | (3,088,984 | ) |  | (351,909 | )
Total liabilities and stockholders’ (deficiency) equity | $ | 2,569,738 |  |  | $ | 3,647,516 |  |  | $ | 1,834,034 |  |  | $ | (4,074,701 | ) |  | $ | 3,976,587 |
Condensed Income Statement |
Condensed Consolidating Statement of Income
Three Months Ended June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues, net | $ | — |  |  | $ | 464,368 |  |  | $ | 136,948 |  |  | $ | (178 | ) |  | $ | 601,138 |
Operating expenses: |  |  |  |  |  |  |  |  |
Technical and operating (excluding depreciation and amortization) | — |  |  | 189,500 |  |  | 70,401 |  |  | (171 | ) |  | 259,730 |
Selling, general and administrative | — |  |  | 114,080 |  |  | 44,819 |  |  | (19 | ) |  | 158,880 |
Restructuring expense | — |  |  | 557 |  |  | 2,097 |  |  | — |  |  | 2,654 |
Depreciation and amortization | — |  |  | 9,203 |  |  | 11,837 |  |  | — |  |  | 21,040 |
| — |  |  | 313,340 |  |  | 129,154 |  |  | (190 | ) |  | 442,304 |
Operating income | — |  |  | 151,028 |  |  | 7,794 |  |  | 12 |  |  | 158,834 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest expense, net | (20,020 | ) |  | (2,325 | ) |  | (9,434 | ) |  | — |  |  | (31,779 | )
Share of affiliates' income | 126,287 |  |  | 3,368 |  |  | — |  |  | (129,655 | ) |  | — |
Miscellaneous, net | 23,961 |  |  | (23,601 | ) |  | 11,036 |  |  | (12 | ) |  | 11,384 |
| 130,228 |  |  | (22,558 | ) |  | 1,602 |  |  | (129,667 | ) |  | (20,395 | )
Income from continuing operations before income taxes | 130,228 |  |  | 128,470 |  |  | 9,396 |  |  | (129,655 | ) |  | 138,439 |
Income tax (expense) benefit | (47,219 | ) |  | (2,183 | ) |  | (1,595 | ) |  | — |  |  | (50,997 | )
Income from continuing operations | 83,009 |  |  | 126,287 |  |  | 7,801 |  |  | (129,655 | ) |  | 87,442 |
Net income including noncontrolling interest | 83,009 |  |  | 126,287 |  |  | 7,801 |  |  | (129,655 | ) |  | 87,442 |
Net (income) attributable to noncontrolling interests | — |  |  | — |  |  | (4,433 | ) |  | — |  |  | (4,433 | )
Net income attributable to AMC Networks' stockholders | $ | 83,009 |  |  | $ | 126,287 |  |  | $ | 3,368 |  |  | $ | (129,655 | ) |  | $ | 83,009 |
Condensed Consolidating Statement of Income
Three Months Ended June 30, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues, net | $ | — |  |  | $ | 412,773 |  |  | $ | 109,320 |  |  | $ | — |  |  | $ | 522,093 |
Operating expenses: |  |  |  |  |  |  |  |  |
Technical and operating (excluding depreciation and amortization) | — |  |  | 175,522 |  |  | 56,522 |  |  | — |  |  | 232,044 |
Selling, general and administrative | — |  |  | 114,963 |  |  | 26,917 |  |  | 10 |  |  | 141,890 |
Restructuring expense | — |  |  | — |  |  | 1,153 |  |  | — |  |  | 1,153 |
Depreciation and amortization | — |  |  | 8,511 |  |  | 9,020 |  |  | — |  |  | 17,531 |
| — |  |  | 298,996 |  |  | 93,612 |  |  | 10 |  |  | 392,618 |
Operating income | — |  |  | 113,777 |  |  | 15,708 |  |  | (10 | ) |  | 129,475 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest expense, net | (19,953 | ) |  | (12,213 | ) |  | (1,439 | ) |  | — |  |  | (33,605 | )
Share of affiliates' income | 115,703 |  |  | 9,663 |  |  | — |  |  | (125,366 | ) |  | — |
Miscellaneous, net | (4,500 | ) |  | 6,461 |  |  | (1,102 | ) |  | 10 |  |  | 869 |
| 91,250 |  |  | 3,911 |  |  | (2,541 | ) |  | (125,356 | ) |  | (32,736 | )
Income from continuing operations before income taxes | 91,250 |  |  | 117,688 |  |  | 13,167 |  |  | (125,366 | ) |  | 96,739 |
Income tax expense | (32,595 | ) |  | (2,417 | ) |  | (1,547 | ) |  | — |  |  | (36,559 | )
Income from continuing operations | 58,655 |  |  | 115,271 |  |  | 11,620 |  |  | (125,366 | ) |  | 60,180 |
Loss from discontinued operations, net of income taxes | — |  |  | — |  |  | (1,732 | ) |  | — |  |  | (1,732 | )
Net income including noncontrolling interest | 58,655 |  |  | 115,271 |  |  | 9,888 |  |  | (125,366 | ) |  | 58,448 |
Net (income) loss attributable to noncontrolling interests | — |  |  | 432 |  |  | (225 | ) |  | — |  |  | 207 |
Net income attributable to AMC Networks' stockholders | $ | 58,655 |  |  | $ | 115,703 |  |  | $ | 9,663 |  |  | $ | (125,366 | ) |  | $ | 58,655 |
Condensed Consolidating Statement of Income
Six Months Ended June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues, net | $ | — |  |  | $ | 1,003,811 |  |  | $ | 266,412 |  |  | $ | (403 | ) |  | $ | 1,269,820 |
Operating expenses: |  |  |  |  |  |  |  |  |
Technical and operating (excluding depreciation and amortization) | — |  |  | 386,258 |  |  | 136,022 |  |  | (377 | ) |  | 521,903 |
Selling, general and administrative | — |  |  | 232,567 |  |  | 80,910 |  |  | (18 | ) |  | 313,459 |
Restructuring expense | — |  |  | 672 |  |  | 2,638 |  |  | — |  |  | 3,310 |
Depreciation and amortization | — |  |  | 18,170 |  |  | 23,397 |  |  | — |  |  | 41,567 |
| — |  |  | 637,667 |  |  | 242,967 |  |  | (395 | ) |  | 880,239 |
Operating income | — |  |  | 366,144 |  |  | 23,445 |  |  | (8 | ) |  | 389,581 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest expense, net | (40,374 | ) |  | (12,790 | ) |  | (11,202 | ) |  | — |  |  | (64,366 | )
Share of affiliates' income | 402,272 |  |  | 7,756 |  |  | — |  |  | (410,028 | ) |  | — |
Miscellaneous, net | (52,352 | ) |  | 45,712 |  |  | 7,786 |  |  | 8 |  |  | 1,154 |
| 309,546 |  |  | 40,678 |  |  | (3,416 | ) |  | (410,020 | ) |  | (63,212 | )
Income from continuing operations before income taxes | 309,546 |  |  | 406,822 |  |  | 20,029 |  |  | (410,028 | ) |  | 326,369 |
Income tax (expense) benefit | (105,617 | ) |  | (4,550 | ) |  | (2,084 | ) |  | — |  |  | (112,251 | )
Income from continuing operations | 203,929 |  |  | 402,272 |  |  | 17,945 |  |  | (410,028 | ) |  | 214,118 |
Net income including noncontrolling interest | 203,929 |  |  | 402,272 |  |  | 17,945 |  |  | (410,028 | ) |  | 214,118 |
Net (income) attributable to noncontrolling interests | — |  |  | — |  |  | (10,189 | ) |  | — |  |  | (10,189 | )
Net income attributable to AMC Networks' stockholders | $ | 203,929 |  |  | $ | 402,272 |  |  | $ | 7,756 |  |  | $ | (410,028 | ) |  | $ | 203,929 |
Condensed Consolidating Statement of Income
Six Months Ended June 30, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues, net | $ | — |  |  | $ | 872,861 |  |  | $ | 173,786 |  |  | $ | — |  |  | $ | 1,046,647 |
Operating expenses: |  |  |  |  |  |  |  |  |
Technical and operating (excluding depreciation and amortization) | — |  |  | 356,972 |  |  | 92,243 |  |  | — |  |  | 449,215 |
Selling, general and administrative | — |  |  | 241,340 |  |  | 45,896 |  |  | 10 |  |  | 287,246 |
Restructuring expense | — |  |  | — |  |  | 1,153 |  |  | — |  |  | 1,153 |
Depreciation and amortization | — |  |  | 16,720 |  |  | 15,205 |  |  | — |  |  | 31,925 |
| — |  |  | 615,032 |  |  | 154,497 |  |  | 10 |  |  | 769,539 |
Operating income | — |  |  | 257,829 |  |  | 19,289 |  |  | (10 | ) |  | 277,108 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest expense, net | (42,185 | ) |  | (20,585 | ) |  | (2,266 | ) |  | — |  |  | (65,036 | )
Share of affiliates' income | 238,876 |  |  | 6,070 |  |  | — |  |  | (244,946 | ) |  | — |
Miscellaneous, net | 1,842 |  |  | (334 | ) |  | (5,759 | ) |  | 10 |  |  | (4,241 | )
| 198,533 |  |  | (14,849 | ) |  | (8,025 | ) |  | (244,936 | ) |  | (69,277 | )
Income from continuing operations before income taxes | 198,533 |  |  | 242,980 |  |  | 11,264 |  |  | (244,946 | ) |  | 207,831 |
Income tax expense | (68,511 | ) |  | (4,958 | ) |  | (2,195 | ) |  | — |  |  | (75,664 | )
Income from continuing operations | 130,022 |  |  | 238,022 |  |  | 9,069 |  |  | (244,946 | ) |  | 132,167 |
Loss from discontinued operations, net of income taxes | — |  |  | — |  |  | (2,482 | ) |  | — |  |  | (2,482 | )
Net income including noncontrolling interest | 130,022 |  |  | 238,022 |  |  | 6,587 |  |  | (244,946 | ) |  | 129,685 |
Net (income) loss attributable to noncontrolling interests | — |  |  | 854 |  |  | (517 | ) |  | — |  |  | 337 |
Net income attributable to AMC Networks' stockholders | $ | 130,022 |  |  | $ | 238,876 |  |  | $ | 6,070 |  |  | $ | (244,946 | ) |  | $ | 130,022 |
Comprehensive Income |
Condensed Consolidating Statement of Comprehensive Income
Three Months Ended June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income including noncontrolling interest | $ | 83,009 |  |  | $ | 126,287 |  |  | $ | 7,801 |  |  | $ | (129,655 | ) |  | $ | 87,442 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | 7,591 |  |  | 7,572 |  |  | 16,528 |  |  | (7,572 | ) |  | 24,119 |
Unrealized gain on interest rate swaps | 674 |  |  | — |  |  | — |  |  | — |  |  | 674 |
Other comprehensive income (loss), before income taxes | 8,265 |  |  | 7,572 |  |  | 16,528 |  |  | (7,572 | ) |  | 24,793 |
Income tax benefit | 5,943 |  |  | — |  |  | — |  |  | — |  |  | 5,943 |
Other comprehensive income, net of income taxes | 14,208 |  |  | 7,572 |  |  | 16,528 |  |  | (7,572 | ) |  | 30,736 |
Comprehensive income | 97,217 |  |  | 133,859 |  |  | 24,329 |  |  | (137,227 | ) |  | 118,178 |
Comprehensive (income) attributable to noncontrolling interests | — |  |  | — |  |  | (4,433 | ) |  | — |  |  | (4,433 | )
Comprehensive income attributable to AMC Networks' stockholders | $ | 97,217 |  |  | $ | 133,859 |  |  | $ | 19,896 |  |  | $ | (137,227 | ) |  | $ | 113,745 |
Condensed Consolidating Statement of Comprehensive Income
Three Months Ended June 30, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income including noncontrolling interests | $ | 58,655 |  |  | $ | 115,271 |  |  | $ | 9,888 |  |  | $ | (125,366 | ) |  | $ | 58,448 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | 9,221 |  |  | 9,221 |  |  | (4,719 | ) |  | (9,221 | ) |  | 4,502 |
Unrealized gain on interest rate swaps | 1,171 |  |  | — |  |  | — |  |  | — |  |  | 1,171 |
Other comprehensive income (loss), before income taxes | 10,392 |  |  | 9,221 |  |  | (4,719 | ) |  | (9,221 | ) |  | 5,673 |
Income tax expense | (432 | ) |  | — |  |  | — |  |  | — |  |  | (432 | )
Other comprehensive income (loss), net of income taxes | 9,960 |  |  | 9,221 |  |  | (4,719 | ) |  | (9,221 | ) |  | 5,241 |
Comprehensive income | 68,615 |  |  | 124,492 |  |  | 5,169 |  |  | (134,587 | ) |  | 63,689 |
Comprehensive loss (income) attributable to noncontrolling interests | — |  |  | 432 |  |  | (225 | ) |  | — |  |  | 207 |
Comprehensive income attributable to AMC Networks' stockholders | $ | 68,615 |  |  | $ | 124,924 |  |  | $ | 4,944 |  |  | $ | (134,587 | ) |  | $ | 63,896 |
Condensed Consolidating Statement of Comprehensive Income
Six Months Ended June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income including noncontrolling interest | $ | 203,929 |  |  | $ | 402,272 |  |  | $ | 17,945 |  |  | $ | (410,028 | ) |  | $ | 214,118 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | (64,120 | ) |  | (64,120 | ) |  | 27,414 |  |  | 64,120 |  |  | (36,706 | )
Unrealized gain on interest rate swaps | 1,370 |  |  | — |  |  | — |  |  | — |  |  | 1,370 |
Other comprehensive (loss) income, before income taxes | (62,750 | ) |  | (64,120 | ) |  | 27,414 |  |  | 64,120 |  |  | (35,336 | )
Income tax benefit | 3,664 |  |  | — |  |  | — |  |  | — |  |  | 3,664 |
Other comprehensive (loss) income, net of income taxes | (59,086 | ) |  | (64,120 | ) |  | 27,414 |  |  | 64,120 |  |  | (31,672 | )
Comprehensive income | 144,843 |  |  | 338,152 |  |  | 45,359 |  |  | (345,908 | ) |  | 182,446 |
Comprehensive (income) attributable to noncontrolling interests | — |  |  | — |  |  | (10,189 | ) |  | — |  |  | (10,189 | )
Comprehensive income attributable to AMC Networks' stockholders | $ | 144,843 |  |  | $ | 338,152 |  |  | $ | 35,170 |  |  | $ | (345,908 | ) |  | $ | 172,257 |
Condensed Consolidating Statement of Comprehensive Income
Six Months Ended June 30, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income including noncontrolling interests | $ | 130,022 |  |  | $ | 238,022 |  |  | $ | 6,587 |  |  | $ | (244,946 | ) |  | $ | 129,685 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | 15,374 |  |  | 15,374 |  |  | (5,322 | ) |  | (15,374 | ) |  | 10,052 |
Unrealized gain on interest rate swaps | 1,957 |  |  | — |  |  | — |  |  | — |  |  | 1,957 |
Other comprehensive income (loss), before income taxes | 17,331 |  |  | 15,374 |  |  | (5,322 | ) |  | (15,374 | ) |  | 12,009 |
Income tax expense | (722 | ) |  | — |  |  | — |  |  | — |  |  | (722 | )
Other comprehensive income (loss), net of income taxes | 16,609 |  |  | 15,374 |  |  | (5,322 | ) |  | (15,374 | ) |  | 11,287 |
Comprehensive income | 146,631 |  |  | 253,396 |  |  | 1,265 |  |  | (260,320 | ) |  | 140,972 |
Comprehensive loss (income) attributable to noncontrolling interests | — |  |  | 854 |  |  | (517 | ) |  | — |  |  | 337 |
Comprehensive income attributable to AMC Networks' stockholders | $ | 146,631 |  |  | $ | 254,250 |  |  | $ | 748 |  |  | $ | (260,320 | ) |  | $ | 141,309 |
Condensed Cash Flow Statement |
Condensed Consolidating Statement of Cash Flows
Six Months Ended June 30, 2015
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net cash provided by operating activities | $ | 238,455 |  |  | $ | 169 |  |  | $ | 362,865 |  |  | $ | (411,248 | ) |  | $ | 190,241 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | (3 | ) |  | (22,875 | ) |  | (10,246 | ) |  | — |  |  | (33,124 | )
Payments for acquisitions, net of cash acquired | — |  |  | — |  |  | (6,545 | ) |  | — |  |  | (6,545 | )
Acquisition of investments | — |  |  | (369 | ) |  | (23,881 | ) |  | — |  |  | (24,250 | )
(Increase) decrease to investment in affiliates | (134,957 | ) |  | 127,384 |  |  | (339,452 | ) |  | 347,025 |  |  | — |
Net cash (used in) provided by investing activities | (134,960 | ) |  | 104,140 |  |  | (380,124 | ) |  | 347,025 |  |  | (63,919 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Principal payments on long-term debt | (37,000 | ) |  | — |  |  | — |  |  | — |  |  | (37,000 | )
Payment of Promissory Note | — |  |  | — |  |  | (40,000 | ) |  | — |  |  | (40,000 | )
Deemed repurchases of restricted stock/units | (14,320 | ) |  | — |  |  | — |  |  | — |  |  | (14,320 | )
Proceeds from stock option exercises | 1,031 |  |  | — |  |  | — |  |  | — |  |  | 1,031 |
Excess tax benefits from share-based compensation arrangements | 4,038 |  |  | — |  |  | — |  |  | — |  |  | 4,038 |
Principal payments on capital lease obligations | — |  |  | (1,097 | ) |  | (352 | ) |  | — |  |  | (1,449 | )
Distributions to noncontrolling member | — |  |  | — |  |  | (3,154 | ) |  | — |  |  | (3,154 | )
Contributions from noncontrolling member | — |  |  | — |  |  | 1,373 |  |  | — |  |  | 1,373 |
Net cash (used in) provided by financing activities | (46,251 | ) |  | (1,097 | ) |  | (42,133 | ) |  | — |  |  | (89,481 | )
Net increase in cash and cash equivalents from continuing operations | 57,244 |  |  | 103,212 |  |  | (59,392 | ) |  | (64,223 | ) |  | 36,841 |
Cash flows from discontinued operations: |  |  |  |  |  |  |  |  |
Net cash used in operating activities | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net decrease in cash and cash equivalents from discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Effect of exchange rate changes on cash and cash equivalents | (57,931 | ) |  | (64,223 | ) |  | 60,783 |  |  | 64,223 |  |  | 2,852 |
Cash and cash equivalents at beginning of period | 1,581 |  |  | 83,676 |  |  | 116,110 |  |  | — |  |  | 201,367 |
Cash and cash equivalents at end of period | $ | 894 |  |  | $ | 122,665 |  |  | $ | 117,501 |  |  | $ | — |  |  | $ | 241,060 |
Condensed Consolidated Statement of Cash Flows
Six Months Ended June 30, 2014
| Parent Company |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net cash provided by operating activities | $ | 153,255 |  |  | $ | 141,858 |  |  | $ | 37,951 |  |  | $ | (155,613 | ) |  | $ | 177,451 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | (1,371 | ) |  | (13,086 | ) |  | (4,298 | ) |  | — |  |  | (18,755 | )
(Increase) decrease to investment in affiliates | (38,589 | ) |  | (161,166 | ) |  | 28,768 |  |  | 170,987 |  |  | — |
Payment for acquisition of a business, net of cash acquired | — |  |  | (1,009,286 | ) |  | 16,076 |  |  | — |  |  | (993,210 | )
Proceeds from insurance settlements | — |  |  | 654 |  |  | — |  |  | — |  |  | 654 |
Net cash (used in) provided by investing activities | (39,960 | ) |  | (1,182,884 | ) |  | 40,546 |  |  | 170,987 |  |  | (1,011,311 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Proceeds from the issuance of long-term debt | 600,000 |  |  | — |  |  | — |  |  | — |  |  | 600,000 |
Payments for financing costs | (9,266 | ) |  | — |  |  | — |  |  | — |  |  | (9,266 | )
Purchase of treasury stock | (17,804 | ) |  | — |  |  | — |  |  | — |  |  | (17,804 | )
Proceeds from stock option exercises | 925 |  |  | — |  |  | — |  |  | — |  |  | 925 |
Excess tax benefits from share-based compensation arrangements | 4,708 |  |  | — |  |  | — |  |  | — |  |  | 4,708 |
Principal payments on capital lease obligations | — |  |  | (865 | ) |  | (447 | ) |  | — |  |  | (1,312 | )
Long-term intercompany debt | (706,190 | ) |  | 706,190 |  |  | — |  |  | — |  |  | — |
Cash contributions from member | — |  |  | (5,100 | ) |  | 5,100 |  |  | — |  |  | — |
Contributions from noncontrolling member | — |  |  | — |  |  | 835 |  |  | — |  |  | 835 |
Net cash (used in) provided by financing activities | (127,627 | ) |  | 700,225 |  |  | 5,488 |  |  | — |  |  | 578,086 |
Net (decrease) increase in cash and cash equivalents from continuing operations | (14,332 | ) |  | (340,801 | ) |  | 83,985 |  |  | 15,374 |  |  | (255,774 | )
Cash flows from discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net cash used in operating activities | — |  |  | — |  |  | (2,719 | ) |  | — |  |  | (2,719 | )
Net decrease in cash and cash equivalents from discontinued operations | — |  |  | — |  |  | (2,719 | ) |  | — |  |  | (2,719 | )
Effect of exchange rate changes on cash and cash equivalents | 15,374 |  |  | 15,374 |  |  | 5,160 |  |  | (15,374 | ) |  | 20,534 |
Cash and cash equivalents at beginning of period | 942 |  |  | 519,392 |  |  | 1,617 |  |  | — |  |  | 521,951 |
Cash and cash equivalents at end of period | $ | 1,984 |  |  | $ | 193,965 |  |  | $ | 88,043 |  |  | $ | — |  |  | $ | 283,992 |

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