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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net revenues $ 140,092 $ 165,472 $ 518,747 $ 587,900
Operating expenses:        
Operating costs 42,937 34,545 114,152 102,736
Cost of programming 76,964 94,983 271,830 313,744
Depreciation of property, plant and equipment 11,233 13,075 32,175 40,985
Amortization of broadcast licenses and other intangibles (Note 3) 10,198 7,957 35,396 23,393
Cost of revenues 141,332 150,560 453,553 480,858
Selling, general and administrative expenses 17,161 27,822 70,248 88,144
Operating (loss) / income (18,401) (12,910) (5,054) 18,898
Interest income 213 639 598 2,404
Interest expense (Note 13) (32,492) (35,162) (94,997) (128,958)
Foreign currency exchange gain / (loss), net 16,755 (45,919) (163) 1,452
Change in fair value of derivatives (Note 11) 559 3,479 48,884 4,600
Other income / (expense) 108 33 159 (769)
Loss before tax (33,258) (89,840) (50,573) (102,373)
Credit / (provision) for income taxes 621 7,644 7,264 (6)
Net loss (32,637) (82,196) (43,309) (102,379)
Net loss attributable to noncontrolling interests 588 122 1,824 159
Net loss attributable to CME Ltd. (32,049) (82,074) (41,485) (102,220)
Currency translation adjustment 41,246 (108,686) 9,784 22,560
Comprehensive income / (loss) 8,609 (190,882) (33,525) (79,819)
Comprehensive loss / (income) attributable to noncontrolling interests 605 61 1,782 (449)
Comprehensive income / (loss) attributable to CME Ltd. $ 9,214 $ (190,821) $ (31,743) $ (80,268)
PER SHARE DATA (Note 15):        
Net loss attributable to CME Ltd. - Basic (in dollars per share) $ (0.36) $ (1.27) $ (0.57) $ (1.59)
Net loss attributable to CME Ltd. - Diluted (in dollars per share) $ (0.36) $ (1.27) $ (0.57) $ (1.59)
Weighted average common shares used in computing per share amounts (000's):        
Basic (in shares) 88,134 [1] 64,393 73,065 64,382
Diluted (in shares) 88,134 64,393 73,065 64,382
[1] (1) For the purpose of computing basic earnings per share, the 11,211,449 shares of Class A common stock underlying the Preferred Share are included in the weighted average outstanding shares of common stock - basic, primarily because the holder of the Preferred Share is entitled to receive dividends payable when dividends are declared by the Board of Directors with respect to any shares of the common stock.