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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net revenues $ 129,000 $ 126,133
Operating expenses:    
Content costs 71,978 71,290
Other operating costs 16,454 17,038
Depreciation of property, plant and equipment 7,285 7,001
Amortization of broadcast licenses and other intangibles 2,060 3,499
Cost of revenues 97,777 98,828
Selling, general and administrative expenses 23,460 43,901
Restructuring costs (Note 15) 0 643
Operating income 7,763 (17,239)
Interest expense (Note 16) (49,154) (40,118)
Total other non-operating income / (expense) 1,416 (12,741)
(Loss) / income from continuing operations before tax and income from investment in subsidiaries (39,975) (70,098)
(Provision) / credit for income taxes (719) (145)
(Loss) / income from continuing operations before income from investment in subsidiaries (40,694) (70,243)
Loss from discontinued operations, net of tax (Note 3) 0 (3,288)
Net loss (40,694) (73,531)
Net loss attributable to noncontrolling interests 259 257
Net (loss) / income attributable to CME Ltd. (40,435) (73,274)
Currency translation adjustment 19,058 (103,764)
Derivative Instruments, Loss Recognized in Other Comprehensive Income (Loss), Effective Portion (1,248) (607)
Other Comprehensive Income (Loss), Net of Tax 17,810 (104,371)
Comprehensive loss (22,884) (177,902)
Comprehensive (income) / loss attributable to noncontrolling interests 573 (849)
Comprehensive loss attributable to CME Ltd. $ (22,311) $ (178,751)
Net (loss) / income per share:    
Continuing operations attributable to CME Ltd. - Basic $ (0.31) $ (0.51)
Continuing operations attributable to CME Ltd. - Diluted (0.31) (0.51)
Discontinued operations attributable to CME Ltd. - Basic 0.00 (0.02)
Discontinued operations attributable to CME Ltd. - Diluted 0.00 (0.02)
Net loss attributable to CME Ltd. – Basic (0.31) (0.53)
Net loss attributable to CME Ltd. – Diluted $ (0.31) $ (0.53)
Weighted average common shares used in computing per share amounts (000’s):    
Basic (in shares) [1] 147,078 146,606
Diluted (in shares) 147,078 146,606
[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 common stock.