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CSC HOLDINGS - CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue (including revenue from affiliates of $478, $3,035, $1,116, and $6,441, respectively) (See Note 13) $ 2,463,014 $ 2,516,008 $ 4,884,911 $ 4,994,829
Operating expenses:        
Programming and other direct costs (including charges from affiliates of $2,715, $4,504, $7,333 and $6,732, respectively) (See Note 13) 819,011 849,872 1,647,804 1,701,736
Other operating expenses (including charges from affiliates of $3,037, $2,696, $6,132 and $5,875 respectively) (See Note 13) 673,464 589,180 1,315,370 1,169,613
Restructuring and other expense 2,673 5,864 6,051 9,073
Total operating expenses 1,941,273 1,889,243 3,850,699 3,759,606
Operating income 521,741 626,765 1,034,212 1,235,223
Other income (expense):        
Interest Income (Expense), Net (310,213) (319,371) (613,575) (635,683)
Gain (loss) on investments (325,601) 125,019 (476,374) 198,472
Loss on equity derivative contracts, net 219,114 (98,840) 320,188 (152,405)
Gain (loss) on interest rate swap contracts, net 39,868 (21,574) 163,015 54,079
Loss on extinguishment of debt and write-off of deferred financing costs 0 (51,712) 0 (51,712)
Other income, net 2,521 2,467 4,951 5,326
Total other income (expense) (374,311) (364,011) (601,795) (581,923)
Income before income taxes 147,430 262,754 432,417 653,300
Income tax expense (33,890) (61,820) (116,736) (173,827)
Net income 113,540 200,934 315,681 479,473
Comprehensive income attributable to noncontrolling interests (7,366) (3,274) (12,956) (7,677)
Net income attributable to CSC Holdings' sole member 106,174 197,660 302,725 471,796
Depreciation and amortization (including impairments) 446,125 444,327 881,474 879,184
CSC Holdings        
Revenue (including revenue from affiliates of $478, $3,035, $1,116, and $6,441, respectively) (See Note 13) 2,463,014 2,516,008 4,884,911 4,994,829
Operating expenses:        
Programming and other direct costs (including charges from affiliates of $2,715, $4,504, $7,333 and $6,732, respectively) (See Note 13) 819,011 849,872 1,647,804 1,701,736
Other operating expenses (including charges from affiliates of $3,037, $2,696, $6,132 and $5,875 respectively) (See Note 13) 673,464 589,180 1,315,370 1,169,613
Restructuring and other expense 2,673 5,864 6,051 9,073
Total operating expenses 1,941,273 1,889,243 3,850,699 3,759,606
Operating income 521,741 626,765 1,034,212 1,235,223
Other income (expense):        
Interest Income (Expense), Net (310,213) (319,371) (613,575) (635,683)
Gain (loss) on investments (325,601) 125,019 (476,374) 198,472
Loss on equity derivative contracts, net 219,114 (98,840) 320,188 (152,405)
Gain (loss) on interest rate swap contracts, net 39,868 (21,574) 163,015 54,079
Loss on extinguishment of debt and write-off of deferred financing costs 0 (51,712) 0 (51,712)
Other income, net 2,521 2,467 4,951 5,326
Total other income (expense) (374,311) (364,011) (601,795) (581,923)
Income before income taxes 147,430 262,754 432,417 653,300
Income tax expense (33,890) (59,523) (116,736) (171,530)
Net income 113,540 203,231 315,681 481,770
Comprehensive income attributable to noncontrolling interests (7,366) (3,274) (12,956) (7,677)
Net income attributable to CSC Holdings' sole member 106,174 199,957 302,725 474,093
Depreciation and amortization (including impairments) $ 446,125 $ 444,327 $ 881,474 $ 879,184