Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Information regarding business segments

Our Chief Operating Decision Maker (“CODM”) evaluates the operating performance of our businesses and makes decisions about the allocation of resources to the businesses using a non-GAAP measure we call segment profit. Segment profit excludes interest, income taxes, depreciation and amortization, divested operating units, investment results and certain other items included in net income determined in accordance with GAAP.

Intersegment revenue and program amortization eliminations are included within Corporate and Other, and totaled $26.3 and $13.3, respectively, for the twelve months ended December 31, 2015.

Information regarding our segments is as follows:

	For the years ended December 31,
(in thousands)		2015			2014			2013
Segment operating revenues:
U.S. Networks		$	2,716,663		$	2,588,357		$	2,466,061
International Networks			327,891			90,180			75,677
Corporate and Other			(26,327	)		(13,081	)		(10,929	)
Total operating revenues		$	3,018,227		$	2,665,456		$	2,530,809
Segment profit (loss):
U.S. Networks		$	1,337,189		$	1,268,417		$	1,212,767
International Networks			30,893			(41,854	)		(17,535	)
Corporate and Other			(122,391	)		(104,802	)		(92,772	)
Total segment profit			1,245,691			1,121,761			1,102,460
Depreciation and amortization of intangible assets			137,596			128,582			117,580
Write-down of goodwill			-			-			24,723
Loss on disposal of property and equipment			4,163			870			1,681
Interest expense			(108,047	)		(52,687	)		(48,710	)
Equity in earnings of affiliates			80,916			85,631			79,644
Gain (loss) on derivatives			50,256			2,810			(7,085	)
Miscellaneous, net			(5,193	)		(212	)		8,326
Income from operations before income taxes		$	1,121,864		$	1,027,851		$	990,651
Depreciation:
U.S. Networks		$	54,954		$	63,179		$	55,560
International Networks			10,299			4,257			2,263
Corporate and Other			3,696			5,543			5,187
Total depreciation		$	68,949		$	72,979		$	63,010
Amortization of intangible assets:
U.S. Networks		$	40,166		$	48,318		$	48,655
International Networks			28,481			7,285			5,914
Corporate and Other			-			-			1
Total amortization of intangible assets		$	68,647		$	55,603		$	54,570
Loss (gain) on disposal of property and equipment:
U.S. Networks		$	4,474		$	1,311		$	1,606
International Networks			461			(5	)		6
Corporate and Other			(772	)		(436	)		69
Total loss on disposal of property and equipment		$	4,163		$	870		$	1,681
Equity in earnings of affiliates:
U.S. Networks		$	43,851		$	42,613		$	40,648
International Networks			37,065			43,018			38,996
Corporate and Other			-			-			-
Total equity in earnings of affiliates		$	80,916		$	85,631		$	79,644

No single customer provides more than 10.0 percent of our revenue.

	For the years ended December 31,
(in thousands)		2015		2014		2013
Additions to property and equipment:
U.S. Networks		$	40,120	$	50,042	$	63,026
International Networks			10,424		8,212		7,313
Corporate and Other			1,936		540		2,750
Total additions to property and equipment		$	52,480	$	58,794	$	73,089
Assets:
U.S. Networks		$	2,937,428	$	2,864,074	$	2,849,547
International Networks			3,276,989		660,215		693,846
Corporate and Other			457,897		1,133,192		891,430
Total assets		$	6,672,314	$	4,657,481	$	4,434,823
Operating revenues by geographic country of origin:
United States		$	2,726,124	$	2,602,103	$	2,479,492
Poland			224,720		-		-
Other International			67,383		63,353		51,317
Total operating revenues		$	3,018,227	$	2,665,456	$	2,530,809
Long-lived assets by geographic location:
United States		$	1,903,918	$	1,919,692	$	1,948,434
Poland			2,406,842		-		-
Other International			541,719		562,363		586,004
Total long-lived assets		$	4,852,479	$	2,482,055	$	2,534,438