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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net revenues $ 605,841 $ 680,793 $ 633,134
Operating expenses:      
Content costs 292,602 358,379 422,115
Other operating costs 69,727 85,478 104,519
Depreciation of property, plant and equipment 27,943 32,836 37,175
Amortization of broadcast licenses and other intangibles (Note 4) 12,271 12,348 14,761
Cost of revenues 402,543 489,041 578,570
Selling, general and administrative expenses 107,001 143,616 136,393
Restructuring costs (Note 15) 1,714 9,856 18,512
Impairment charge (Note 4) 0 0 79,676
Operating income / (loss) 94,583 38,280 (180,017)
Interest expense (Note 16) (171,444) (142,005) (111,709)
Loss on extinguishment of debt 0 (39,203) (23,115)
Nonoperating Income (Expense) (25,939) (9,895) 20,414
Loss before tax (102,800) (152,823) (294,427)
Credit for income taxes (Note 19) 515 1,358 17,993
Loss from continuing operations (102,285) (151,465) (276,434)
Loss from discontinued operations, net of tax (Note 3) (13,287) (80,431) (5,099)
Net loss (115,572) (231,896) (281,533)
Net loss attributable to noncontrolling interests 671 4,468 3,882
Net loss attributable to CME Ltd. (114,901) (227,428) (277,651)
Currency translation adjustment (89,714) (156,236) (58,200)
Unrealized loss on derivative instruments (Note 14) (839) (581) 0
Total Other Comprehensive Income (Loss), Net of Tax (90,553) (156,817) (58,200)
Comprehensive loss (206,125) (388,713) (339,733)
Comprehensive (income) / loss attributable to noncontrolling interests (712) 3,505 4,103
Comprehensive loss attributable to CME Ltd. $ (206,837) $ (385,208) $ (335,630)
PER SHARE DATA (Note 20):      
Continuing operations - Basic (in dollars per share) $ (0.81) $ (1.11) $ (2.23)
Continuing operations - Diluted (in dollars per share) (0.81) (1.11) (2.23)
Discontinued operations – Basic (in dollars per share) (0.09) (0.55) (0.04)
Discontinued operations - Diluted (in dollars per share) (0.09) (0.55) (0.04)
Net loss per share:      
Net (loss) / income attributable to CME Ltd. – Basic (in dollars per share) (0.90) (1.66) (2.27)
Net (loss) / income attributable to CME Ltd. – Diluted (in dollars per share) $ (0.90) $ (1.66) $ (2.27)
Weighted average common shares used in computing per share amounts (000’s):      
Basic (in shares) [1] 146,866 146,509 125,723
Diluted (in shares) 146,866 146,509 125,723
[1] For the purpose of computing basic earnings per share, the 11,211,449 shares of Class A common stock underlying the Series A Preferred Share are included in the weighted average outstanding shares of common stock - basic, because the holder of the Series A Preferred Share is entitled to receive any dividends payable when dividends are declared by the Board of Directors with respect to any shares of the common stock.