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Quarterly Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Information (Unaudited)  
Schedule of unaudited quarterly financial data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

2014

 

March 31,

 

June 30,

 

September 30,

 

December 31,

 

Full Year

 

Total revenue

    

$

90,675

    

$

97,353

    

$

93,327

    

$

134,241

    

$

415,596

 

Programming costs

 

 

(40,161)

 

 

(37,471)

 

 

(36,800)

 

 

(34,164)

 

 

(148,596)

 

Operating costs

 

 

(3,568)

 

 

(4,215)

 

 

(4,199)

 

 

(4,551)

 

 

(16,533)

 

Selling, marketing, general and administrative expenses

 

 

(17,658)

 

 

(20,399)

 

 

(17,546)

 

 

(27,871)

 

 

(83,474)

 

Income from operations

 

 

29,288

 

 

35,268

 

 

34,782

 

 

67,655

 

 

166,993

 

Interest expense

 

 

(10,311)

 

 

(9,791)

 

 

(9,939)

 

 

(9,222)

 

 

(39,263)

 

Loss on extinguishment of debt

 

 

 —

 

 

 —

 

 

(1,180)

 

 

(2,488)

 

 

(3,668)

 

Income tax provision

 

 

(6,939)

 

 

(9,515)

 

 

(8,766)

 

 

(3,716)

 

 

(28,936)

 

Income from continuing operations

 

 

12,038

 

 

15,962

 

 

14,897

 

 

52,229

 

 

95,126

 

Loss from sale of discontinued operations

 

 

 

 

 

 

 

 

(629)

 

 

(629)

 

Net income

 

$

12,038

 

$

15,962

 

$

14,897

 

$

51,600

 

$

94,497

 

Net income per share of common stock

 

$

0.03

 

$

0.04

 

$

0.04

 

$

0.14

 

$

0.26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

2015

 

March 31,

 

June 30,

 

September 30,

 

December 31,

 

Full Year

 

Total revenue

    

$

100,512

    

$

113,248

    

$

106,214

    

$

158,760

    

$

478,734

 

Programming costs

 

 

(34,758)

 

 

(41,411)

 

 

(43,458)

 

 

(56,564)

 

 

(176,191)

 

Operating costs

 

 

(4,585)

 

 

(5,482)

 

 

(5,730)

 

 

(7,207)

 

 

(23,004)

 

Selling, marketing, general and administrative expenses

 

 

(22,729)

 

 

(21,870)

 

 

(20,077)

 

 

(29,612)

 

 

(94,288)

 

Income from operations

 

 

38,440

 

 

44,485

 

 

36,949

 

 

65,377

 

 

185,251

 

Interest expense

 

 

(9,089)

 

 

(8,749)

 

 

(4,196)

 

 

(2,994)

 

 

(25,028)

 

Loss on extinguishment of debt

 

 

 —

 

 

(3,897)

 

 

(18,581)

 

 

 —

 

 

(22,478)

 

Income tax provision

 

 

(10,845)

 

 

(11,777)

 

 

(5,471)

 

 

(23,569)

 

 

(51,662)

 

Income from continuing operations

 

 

18,506

 

 

20,062

 

 

8,701

 

 

38,814

 

 

86,083

 

Loss from sale of discontinued operations

 

 

 

 

 

 

(44)

 

 

44

 

 

 

Net income

 

$

18,506

 

$

20,062

 

$

8,657

 

$

38,858

 

$

86,083

 

Net income per share of common stock

 

$

0.05

 

$

0.06

 

$

0.02

 

$

0.11

 

$

0.24