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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2013
SEGMENT INFORMATION  
SEGMENT INFORMATION

18.   SEGMENT INFORMATION

        Historically, there were eight reportable segments: CTC Network, Domashny Network, Peretz Network, CTC Television Station Group, Domashny Television Station Group, Peretz Television Station Group, CIS Group and Production Group.

        Effective January 1, 2013, the Company changed its reportable segments in the way it reorganized reporting financial information to make operating decisions. Following the reorganization of reporting financial information, the Company's management and Board evaluate and manage performance of the Group and make operating decisions based primarily on the Company's three Russia-based television channels (CTC, Domashny and Peretz) and Channel 31 in Kazakhstan. Beginning January 2013, these channels represent the Company's reportable segments. Each channel includes operating results of its network, which is responsible for broadcasting operations, including sales of its network's advertising, licensing and commissioning of programming, producing its programming schedule and managing its relationships with its independent affiliates, and the respective owned-and-operated stations that distribute the network's signal. In addition, each channel was also allocated the internal margin on programming acquired from the Company's in-house production unit.

        The Company's other less significant operating segments are included along with headquarters' operations in the "All Other" category for financial reporting purposes. The Company evaluates performance based on the operating results of each segment, among other performance measures.

        Segment information for the periods ended December 31, 2011 and 2012 has been restated to conform to the current period presentation.

 
   Year ended December 31, 2011  
 
   Operating
revenue
from
external
customers		   Intersegment
revenue		   Operating
income/
(loss)		   Identifiable
assets		   Depreciation
and
amortization		   Programming
expenses		   Impairment
loss		  

CTC Channel

   $ 572,625   $ 758   $ 234,395   $ 571,655   $ (5,499 ) $ (203,145 ) $ (7,277 )

Domashny Channel

     105,231     283     17,302     123,606     (1,989 )   (46,626 )   (5,399 )

Peretz Channel

     66,215     2     (96,068 )   197,324     (7,721 )   (32,722 )   (93,706 )

Channel 31

     16,921     —     4,750     23,326     (418 )   (9,154 )   —  

All Other

     5,368     3,610     (37,694 )   54,767     (2,022 )   (819 )   —  

Business segment results

   $ 766,360   $ 4,653   $ 122,685   $ 970,678   $ (17,649 ) $ (292,466 ) $ (106,382 )
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Eliminations

     —     (4,653 )   —     (76,961 )   —     —     —  

Consolidated results

   $ 766,360   $ —   $ 122,685   $ 893,717   $ (17,649 ) $ (292,466 ) $ (106,382 )
                               
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​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                               


 

 
   Year ended December 31, 2012  
 
   Operating
revenue
from
external
customers		   Intersegment
revenue		   Operating
income/
(loss)		   Identifiable
assets		   Depreciation
and
amortization		   Programming
expenses		   Impairment
loss		  

CTC Channel

   $ 577,034   $ 1,382   $ 199,035   $ 644,115   $ (8,024 ) $ (220,229 ) $ (19,523 )

Domashny Channel

     113,290     530     5,277     122,417     (4,013 )   (52,490 )   (16,224 )

Peretz Channel

     81,184     93     (35,933 )   156,951     (9,266 )   (30,242 )   (43,795 )

Channel 31

     22,595     —     2,647     22,858     (999 )   (12,128 )   (2,961 )

All Other

     10,843     1,787     (21,139 )   85,528     (1,716 )   (2,047 )   —  

Business segment results

   $ 804,946   $ 3,792   $ 149,887   $ 1,031,869   $ (24,018 ) $ (317,136 ) $ (82,503 )
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Eliminations

     —     (3,792 )   —     (46,295 )   —     —     —  

Consolidated results

   $ 804,946   $ —   $ 149,887   $ 985,574   $ (24,018 ) $ (317,136 ) $ (82,503 )
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                               


 

 
   Year ended December 31, 2013  
 
   Operating
revenue
from
external
customers		   Intersegment
revenue		   Operating
income/
(loss)		   Identifiable
assets		   Depreciation
and
amortization		   Programming
expenses		   Impairment
loss		  

CTC Channel

   $ 586,434   $ 1,186   $ 215,976   $ 665,609   $ (9,033 ) $ (234,234 ) $ —  

Domashny Channel

     124,838     190     25,633     111,353     (7,792 )   (55,753 )   —  

Peretz Channel

     84,264     10     6,358     145,419     (11,773 )   (34,828 )   —  

Channel 31

     25,821     —     5,072     25,933     (2,931 )   (12,694 )   —  

All Other

     10,746     140     (45,340 )   49,799     (1,587 )   (1,194 )   (29,869 )

Business segment results

   $ 832,103   $ 1,526   $ 207,699   $ 998,113   $ (33,116 ) $ (338,703 ) $ (29,869 )
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Eliminations

     —     (1,526 )   —     (27,137 )   —     —     —  

Consolidated results

   $ 832,103   $ —   $ 207,699   $ 970,976   $ (33,116 ) $ (338,703 ) $ (29,869 )
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​