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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues, net from continuing operations $ 6,509,743 $ 6,460,946 $ 6,232,152
Operating expenses:      
Technical and operating (excluding depreciation, amortization and impairments shown below and including charges from affiliates) 3,198,194 3,136,808 3,079,226
Selling, general and administrative (including charges from affiliates) 1,599,475 1,533,898 1,521,005
Restructuring expense (credits) (1,649) 2,480 23,550
Depreciation and amortization (including impairments) 865,252 866,502 909,147
Total operating expenses 5,661,272 5,539,688 5,532,928
Operating income 848,471 921,258 699,224
Other income (expense):      
Interest expense (585,764) (576,000) (601,102)
Interest income 925 420 465
Gain (loss) on investments, net (30,208) 129,659 313,167
Gain (loss) on equity derivative contracts, net 104,927 (45,055) (198,688)
Loss on extinguishment of debt and write-off of deferred financing costs (1,735) (10,120) (22,542)
Miscellaneous, net 6,045 4,988 2,436
Total other income (expense) (505,810) (496,108) (506,264)
Income from continuing operations before income taxes 342,661 425,150 192,960
Income tax expense (154,872) (115,768) (65,635)
Income from continuing operations, net of income taxes 187,789 309,382 127,325
Income (loss) from discontinued operations, net of income taxes (12,541) 2,822 338,316
Net income 175,248 312,204 465,641
Net loss (income) attributable to noncontrolling interests 201 (765) 20
Net income attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC's sole member $ 175,449 $ 311,439 $ 465,661
Basic income (loss) per share attributable to Cablevision Systems Corporation stockholders:      
Income from continuing operations (in dollars per share) $ 0.70 $ 1.17 $ 0.49
Income (loss) from discontinued operations (in dollars per share) (0.05) 0.01 1.30
Net income (in dollars per share) $ 0.65 $ 1.18 $ 1.79
Basic weighted average common shares (in thousands) 269,388 264,623 260,763
Diluted income (loss) per share attributable to Cablevision Systems Corporation stockholders:      
Income from continuing operations (in dollars per share) $ 0.68 $ 1.14 $ 0.48
Income (loss) from discontinued operations (in dollars per share) (0.05) 0.01 1.27
Net income (in dollars per share) $ 0.63 $ 1.15 $ 1.75
Diluted weighted average common shares (in thousands) 276,339 270,703 265,935
Amounts attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC sole member:      
Income from continuing operations, net of income taxes $ 187,990 $ 308,617 $ 127,345
Income (loss) from discontinued operations, net of income taxes (12,541) 2,822 338,316
Net income attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC's sole member $ 175,449 $ 311,439 $ 465,661
Cash dividends declared and paid per share of common stock (in dollars per share) $ 0.45 $ 0.600 $ 0.600
CSC Holdings, LLC      
Revenues, net from continuing operations $ 6,509,743 $ 6,460,946 $ 6,232,152
Operating expenses:      
Technical and operating (excluding depreciation, amortization and impairments shown below and including charges from affiliates) 3,198,194 3,136,808 3,079,226
Selling, general and administrative (including charges from affiliates) 1,599,475 1,533,898 1,521,005
Restructuring expense (credits) (1,649) 2,480 23,550
Depreciation and amortization (including impairments) 865,252 866,502 909,147
Total operating expenses 5,661,272 5,539,688 5,532,928
Operating income 848,471 921,258 699,224
Other income (expense):      
Interest expense (362,903) (353,288) (374,430)
Interest income 48,951 48,457 58,858
Gain (loss) on investments, net (30,208) 129,659 313,167
Gain (loss) on equity derivative contracts, net 104,927 (45,055) (198,688)
Loss on extinguishment of debt and write-off of deferred financing costs (1,735) (9,618) (23,144)
Miscellaneous, net 6,045 4,988 2,436
Total other income (expense) (234,923) (224,857) (221,801)
Income from continuing operations before income taxes 613,548 696,401 477,423
Income tax expense (269,356) (236,450) (188,079)
Income from continuing operations, net of income taxes 344,192 459,951 289,344
Income (loss) from discontinued operations, net of income taxes (12,541) 2,822 330,711
Net income 331,651 462,773 620,055
Net loss (income) attributable to noncontrolling interests 201 (765) 20
Net income attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC's sole member 331,852 462,008 620,075
Amounts attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC sole member:      
Income from continuing operations, net of income taxes 344,393 459,186 289,364
Income (loss) from discontinued operations, net of income taxes (12,541) 2,822 330,711
Net income attributable to Cablevision Systems Corporation stockholders/CSC Holdings, LLC's sole member $ 331,852 $ 462,008 $ 620,075