QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2011

QUARTERLY FINANCIAL DATA (UNAUDITED)

QUARTERLY FINANCIAL DATA (UNAUDITED)

20.   QUARTERLY FINANCIAL DATA (UNAUDITED)

        Summarized quarterly financial data is as follows:

	For the three months ended
	March 31, 2010		June 30, 2010		September 30, 2010		December 31, 2010
Operating revenue	$	123,200	$	130,499	$	125,265	$	222,321
Operating income		36,276		32,809		37,257		100,776
Net income attributable to CTC Media, Inc. stockholders		25,199		20,904		24,299		75,329
Net income (loss) per share attributable to CTC Media, Inc. stockholders—basic	$	0.16	$	0.13	$	0.16	$	0.48
Net income (loss) per share attributable to CTC Media, Inc. stockholders—diluted	$	0.16	$	0.13	$	0.16	$	0.48

	For the three months ended
	March 31, 2011		June 30, 2011		September 30, 2011		December 31, 2011
Operating revenue	$	165,541	$	204,484	$	159,578	$	236,758
Operating income (loss)		35,928		61,745		26,518		(1,506	)
Net income (loss) attributable to CTC Media, Inc. stockholders		22,792		38,468		16,393		(24,535	)
Net income (loss) per share attributable to CTC Media, Inc. stockholders—basic	$	0.15	$	0.24	$	0.10	$	(0.16	)
Net income (loss) per share attributable to CTC Media, Inc. stockholders—diluted	$	0.14	$	0.24	$	0.10	$	(0.16	)

        The sum of the earnings per share for the four quarters will generally not equal earnings per share for the total year due to the changes in the average number of common shares outstanding.