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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME / LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net revenues $ 181,856 $ 175,206 $ 316,858 $ 304,206
Operating expenses:        
Content costs 76,709 77,282 150,111 149,260
Other operating costs 15,395 17,939 29,951 34,393
Depreciation of property, plant and equipment 8,293 7,627 16,052 14,912
Amortization of broadcast licenses and other intangibles 2,053 2,114 4,162 4,174
Cost of revenues 102,450 104,962 200,276 202,739
Selling, general and administrative expenses 28,583 26,353 53,491 49,813
Operating income 50,823 43,891 63,091 51,654
Interest expense (Note 14) (21,973) (29,545) (45,728) (78,699)
Gain (Loss) on Extinguishment of Debt 0 (150,158) 0 (150,158)
Total other non-operating income / (expense) 7,141 (167) 9,466 1,249
(Loss) / income from continuing operations before tax and income from investment in subsidiaries 35,991 (135,979) 26,829 (175,954)
Provision for income taxes (8,193) (5,270) (10,305) (5,989)
Net income / (loss) 27,798 (141,249) 16,524 (181,943)
Net loss / (income) attributable to noncontrolling interests 137 (68) 346 191
Net (loss) / income attributable to CME Ltd. 27,935 (141,317) 16,870 (181,752)
Currency translation adjustment 30,904 (11,056) 32,976 8,002
(Loss) / gain on derivative instruments (Note 11) 40 2,973 (1,218) 4,221
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent 30,864 (14,029) 34,194 3,781
Comprehensive income / (loss) 58,662 (155,278) 50,718 (178,162)
Comprehensive loss / (income) attributable to noncontrolling interests 590 (237) 891 336
Comprehensive income / (loss) attributable to CME Ltd. $ 59,252 $ (155,515) $ 51,609 $ (177,826)
Net (loss) / income per share:        
Net loss attributable to CME Ltd. – Diluted (in dollars per share) $ 0.07 $ (0.98) $ 0.04 $ (1.29)
Weighted average common shares used in computing per share amounts (000’s):        
Basic (in shares) [1] 155,738 149,083 155,269 148,080
Diluted (in shares) 235,952 149,083 230,872 148,080
[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.