XML 53 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Combination (Tables)
6 Months Ended
Jun. 30, 2014
Business Combination  
Schedule of estimated fair values of the assets acquired, liabilities assumed and resulting goodwill

The following table summarizes the estimated fair values of the assets acquired, liabilities assumed and resulting goodwill in the Cable Networks Acquisition (amounts in thousands):

                                                                                                                                                                        

Other assets

 

$

177

 

Intangible asset - affiliate agreements

 

46,014

 

Intangible asset - brands

 

15,986

 

Intangible asset - advertiser relationships

 

3,310

 

Intangible assets - other

 

648

 

Other liabilities

 

(2,124

)

Fair value of identifiable net assets acquired

 

64,012

 

Goodwill

 

34,093

 

Total

 

$

98,105

 

 

Schedule of unaudited pro forma results of operations

                                                                                                                                                                                       

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Net Revenues

 

$

29,055 

 

$

28,374 

 

$

55,868 

 

$

47,327 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

$

6,674 

 

$

3,144 

 

$

11,472 

 

$

3,692