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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Summary of Depreciation for Estimated useful Lives by using straight-Line Method

Depreciation is computed using a straight-line method over estimated useful lives as follows:

 

Category                                      

Buildings and improvements

Useful Life

35 to 45 years

Leasehold improvements

Term of lease or useful life

Program production equipment

3 to 15 years

Office and other equipment

3 to 10 years

Computer hardware and software

3 to 5 years

 

Summary of Basic and Diluted Weighted Average Shares Outstanding

The following table presents information about basic and diluted weighted average shares outstanding:

 

 

 

For the years ended December 31,

 

(in thousands)

 

2015

 

 

2014

 

 

2013

 

Basic weighted average shares outstanding

 

 

129,665

 

 

 

141,297

 

 

 

147,326

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested performance share awards and share units held

   by employees

 

 

189

 

 

 

228

 

 

 

274

 

Stock options held by employees and directors

 

 

401

 

 

 

668

 

 

 

902

 

Diluted weighted average shares outstanding

 

 

130,255

 

 

 

142,193

 

 

 

148,502

 

Anti-dilutive share awards

 

 

863

 

 

 

298

 

 

 

129