Business Segments (Tables)

3 Months Ended

Mar. 31, 2013

Mar. 31, 2012

Business Segments

Summarized financial information concerning the company's reportable segments

		Rental and Management				Total Rental and Management		Network Development Services		Other		Total
Three months ended March 31, 2013		Domestic		International
		(in thousands)
Segment revenues		$	515,676	$	261,757	$	777,433	$	25,295			$	802,728
Segment operating expenses (1)			91,833		99,216		191,049		10,279				201,328
Interest income, TV Azteca, net			-		3,543		3,543		-				3,543
Segment gross margin			423,843		166,084		589,927		15,016				604,943
Segment selling, general, administrative and
	development expense (1)		22,898		29,535		52,433		2,901				55,334
Segment operating profit		$	400,945	$	136,549	$	537,494	$	12,115			$	549,609
Stock-based compensation expense										$	21,042		21,042
Other selling, general, administrative and
	development expense										25,215		25,215
Depreciation, amortization and accretion											185,804		185,804
Other expense (principally interest expense and
	other (expense) income)										137,378		137,378
Income from continuing operations before income
	taxes and income on equity method investments											$	180,170
Total assets			$ 8,477,955		$ 5,564,160		$ 14,042,115		$ 66,857		$ 354,768		$ 14,463,740
(1)	Segment operating expenses and segment selling, general, administrative and development expenses exclude stock-based compensation expense of $0.4 million and $20.6 million, respectively.

		Rental and Management				Total Rental and Management		Network Development Services		Other		Total
Three months ended March 31, 2012		Domestic		International
		(in thousands)
Segment revenues		$	487,062	$	196,928	$	683,990	$	12,527			$	696,517
Segment operating expenses (1)			93,003		70,524		163,527		6,997				170,524
Interest income, TV Azteca, net			-		3,543		3,543		-				3,543
Segment gross margin			394,059		129,947		524,006		5,530				529,536
Segment selling, general, administrative and
	development expense (1)		19,400		23,895		43,295		358				43,653
Segment operating profit		$	374,659	$	106,052	$	480,711	$	5,172			$	485,883
Stock-based compensation expense										$	13,045		13,045
Other selling, general, administrative and
	development expense										23,347		23,347
Depreciation, amortization and accretion											149,655		149,655
Other expense (principally interest expense and
	other (expense) income)										62,248		62,248
Income from continuing operations before income
	taxes and income on equity method investments											$	237,588
(1)	Segment operating expenses and segment selling, general, administrative and development expenses exclude stock-based compensation expense of $0.5 million and $12.6 million, respectively.