XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
NET REVENUE $ 105,763us-gaap_Revenues $ 111,072us-gaap_Revenues
OPERATING EXPENSES:    
Programming and technical 34,457us-gaap_CostOfGoodsAndServicesSold 35,272us-gaap_CostOfGoodsAndServicesSold
Selling, general and administrative, including stock-based compensation of $128 and $5, respectively 34,836us-gaap_SellingGeneralAndAdministrativeExpense 40,618us-gaap_SellingGeneralAndAdministrativeExpense
Corporate selling, general and administrative, including stock-based compensation of $1,453 and $40, respectively 11,789us-gaap_OtherSellingGeneralAndAdministrativeExpense 10,081us-gaap_OtherSellingGeneralAndAdministrativeExpense
Depreciation and amortization 9,088us-gaap_DepreciationAndAmortization 9,270us-gaap_DepreciationAndAmortization
Total operating expenses 90,170us-gaap_OperatingExpenses 95,241us-gaap_OperatingExpenses
Operating income 15,593us-gaap_OperatingIncomeLoss 15,831us-gaap_OperatingIncomeLoss
INTEREST INCOME 7us-gaap_InvestmentIncomeInterest 53us-gaap_InvestmentIncomeInterest
INTEREST EXPENSE 19,245us-gaap_InterestExpense 21,863us-gaap_InterestExpense
LOSS ON RETIREMENT OF DEBT 0us-gaap_GainsLossesOnExtinguishmentOfDebt 5,679us-gaap_GainsLossesOnExtinguishmentOfDebt
OTHER (INCOME) EXPENSE, net (152)us-gaap_OtherNonoperatingIncomeExpense 66us-gaap_OtherNonoperatingIncomeExpense
Loss before provision for income taxes and noncontrolling interests in income of subsidiaries (3,493)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (11,724)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
PROVISION FOR INCOME TAXES 8,530us-gaap_IncomeTaxExpenseBenefit 8,578us-gaap_IncomeTaxExpenseBenefit
CONSOLIDATED NET LOSS (12,023)us-gaap_ProfitLoss (20,302)us-gaap_ProfitLoss
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 6,466us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4,881us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
CONSOLIDATED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (18,489)us-gaap_NetIncomeLoss $ (25,183)us-gaap_NetIncomeLoss
BASIC AND DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS    
Net loss attributable to common stockholders (in dollars per share) $ (0.39)us-gaap_EarningsPerShareBasic $ (0.53)us-gaap_EarningsPerShareBasic
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic (in shares) 47,608,038us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 47,441,175us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 47,608,038us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 47,441,175us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding