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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES:      
Advertising $ 699,053us-gaap_AdvertisingRevenue $ 806,499us-gaap_AdvertisingRevenue $ 775,806us-gaap_AdvertisingRevenue
Sublicensing and other revenues (including revenue from related parties of $514, $719 and $1,075 in 2012, 2013 and 2014, respectively) 12,320ctcm_SublicensingOwnProductionRevenueAndOtherRevenue 25,604ctcm_SublicensingOwnProductionRevenueAndOtherRevenue 29,140ctcm_SublicensingOwnProductionRevenueAndOtherRevenue
Total operating revenues 711,373us-gaap_Revenues 832,103us-gaap_Revenues 804,946us-gaap_Revenues
EXPENSES:      
Direct operating expenses (exclusive of programming expenses, shown below; exclusive of depreciation and amortization of $20,393, $29,024 and $22,583 in 2012, 2013 and 2014, respectively; and exclusive of stock-based compensation expense (benefit) of $763, $846 and $(1,617) in 2012, 2013 and 2014, respectively) (45,640)ctcm_DirectOperatingCostsAndExpenses (46,658)ctcm_DirectOperatingCostsAndExpenses (45,357)ctcm_DirectOperatingCostsAndExpenses
Selling, general and administrative (exclusive of depreciation and amortization $3,625, $4,092 and $3,499 in 2012, 2013 and 2014, respectively; exclusive of stock-based compensation expense of $4,016, $988 and $1,446 in 2012, 2013 and 2014, respectively) (159,271)ctcm_SellingGeneralAndAdministrativeExpenseExcludingDepreciationAmortizationAndStockBasedCompensation (174,224)ctcm_SellingGeneralAndAdministrativeExpenseExcludingDepreciationAmortizationAndStockBasedCompensation (181,266)ctcm_SellingGeneralAndAdministrativeExpenseExcludingDepreciationAmortizationAndStockBasedCompensation
Stock-based compensation (expense)/benefit 171us-gaap_AllocatedShareBasedCompensationExpense (1,834)us-gaap_AllocatedShareBasedCompensationExpense (4,779)us-gaap_AllocatedShareBasedCompensationExpense
Programming expenses (300,134)ctcm_ProgrammingExpenses (338,703)ctcm_ProgrammingExpenses (317,136)ctcm_ProgrammingExpenses
Depreciation and amortization (26,082)us-gaap_DepreciationDepletionAndAmortization (33,116)us-gaap_DepreciationDepletionAndAmortization (24,018)us-gaap_DepreciationDepletionAndAmortization
Impairment loss (Notes 2 and 10) (29,356)us-gaap_AssetImpairmentCharges (29,869)us-gaap_AssetImpairmentCharges (82,503)us-gaap_AssetImpairmentCharges
Total operating expenses (560,312)us-gaap_CostsAndExpenses (624,404)us-gaap_CostsAndExpenses (655,059)us-gaap_CostsAndExpenses
OPERATING INCOME 151,061us-gaap_OperatingIncomeLoss 207,699us-gaap_OperatingIncomeLoss 149,887us-gaap_OperatingIncomeLoss
FOREIGN CURRENCY GAINS (LOSSES) 9,166us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,658us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,762us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
INTEREST INCOME 10,458us-gaap_InvestmentIncomeInterest 11,615us-gaap_InvestmentIncomeInterest 9,522us-gaap_InvestmentIncomeInterest
INTEREST EXPENSE (486)us-gaap_InterestExpense (768)us-gaap_InterestExpense (749)us-gaap_InterestExpense
OTHER NON-OPERATING INCOME (LOSS), net (1,325)us-gaap_OtherNonoperatingIncomeExpense 26us-gaap_OtherNonoperatingIncomeExpense 2,852us-gaap_OtherNonoperatingIncomeExpense
EQUITY IN (LOSS) INCOME OF INVESTEE COMPANIES (713)us-gaap_IncomeLossFromEquityMethodInvestments 1,266us-gaap_IncomeLossFromEquityMethodInvestments 1,415us-gaap_IncomeLossFromEquityMethodInvestments
Income before income tax 168,161us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 221,496us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 164,689us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
INCOME TAX EXPENSE (54,785)us-gaap_IncomeTaxExpenseBenefit (61,335)us-gaap_IncomeTaxExpenseBenefit (64,873)us-gaap_IncomeTaxExpenseBenefit
CONSOLIDATED NET INCOME 113,376us-gaap_ProfitLoss 160,161us-gaap_ProfitLoss 99,816us-gaap_ProfitLoss
LESS: INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (5,284)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (7,821)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (6,753)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME ATTRIBUTABLE TO CTC MEDIA, INC. STOCKHOLDERS $ 108,092us-gaap_NetIncomeLoss $ 152,340us-gaap_NetIncomeLoss $ 93,063us-gaap_NetIncomeLoss
Net income per share attributable to CTC Media, Inc. stockholders-basic (in dollars per share) $ 0.69us-gaap_EarningsPerShareBasic $ 0.97us-gaap_EarningsPerShareBasic $ 0.59us-gaap_EarningsPerShareBasic
Net income per share attributable to CTC Media, Inc. stockholders-diluted (in dollars per share) $ 0.69us-gaap_EarningsPerShareDiluted $ 0.97us-gaap_EarningsPerShareDiluted $ 0.59us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding-basic (in shares) 155,747,225us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 156,889,533us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 157,995,346us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares outstanding-diluted (in shares) 156,008,428us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 156,932,452us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 158,062,250us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per share (in dollars per share) $ 0.70us-gaap_CommonStockDividendsPerShareDeclared $ 0.63us-gaap_CommonStockDividendsPerShareDeclared $ 0.52us-gaap_CommonStockDividendsPerShareDeclared