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Basis of presentation and accounting policies - Reconciliations Between Revenue and Primary Measures of Profit or Loss (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Less:        
Net Income $ 67,902 $ 82,029 $ 126,209 $ 271,291
Operating Segments        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Revenue 675,045 710,363 1,355,094 1,424,615
Less:        
Programming 249,365 245,934 513,531 495,692
Employee compensation [1] 166,490 178,936 338,474 362,227
Other segment items [2] 108,228 109,766 215,879 216,782
Adjusted EBITDA 150,962 175,727 287,210 349,914
(Less) Plus: All other segment items [3] (83,060) (93,698) (161,001) (78,623)
Net Income $ 67,902 $ 82,029 $ 126,209 $ 271,291
[1] Includes the cost associated with salaries, bonuses, stock-based compensation, benefits paid to our employees and adjusted to remove workforce restructuring and retention costs (including stock-based compensation and cash payments).
[2] Primarily includes digital ad serving fees, professional service fees and costs associated with operating our facilities.
[3] Primarily includes taxes, interest expense, other non-operating costs, depreciation and amortization.