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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME / LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net revenues $ 135,002 $ 129,000
Operating expenses:    
Content costs 73,402 71,978
Other operating costs 14,556 16,454
Depreciation of property, plant and equipment 7,759 7,285
Amortization of broadcast licenses and other intangibles 2,109 2,060
Cost of revenues 97,826 97,777
Selling, general and administrative expenses 24,908 23,460
Operating income 12,268 7,763
Interest expense (Note 14) (23,755) (49,154)
Total other non-operating income / (expense) 2,325 1,416
(Loss) / income from continuing operations before tax and income from investment in subsidiaries (9,162) (39,975)
Provision for income taxes (2,112) (719)
Net loss (11,274) (40,694)
Net loss attributable to noncontrolling interests 209 259
Net (loss) / income attributable to CME Ltd. (11,065) (40,435)
Currency translation adjustment 2,072 19,058
Gain / (loss) on derivative instruments (Note 11) 1,258 (1,248)
Total other comprehensive income 3,330 17,810
Comprehensive loss (7,944) (22,884)
Comprehensive loss attributable to noncontrolling interests 301 573
Comprehensive loss attributable to CME Ltd. $ (7,643) $ (22,311)
Net (loss) / income per share:    
Net loss attributable to CME Ltd. – Diluted $ (0.09) $ (0.31)
Weighted average common shares used in computing per share amounts (000’s):    
Basic (in shares) [1] 154,795 147,078
Diluted (in shares) 154,795 147,078
[1] (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.