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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 159,555 $ 146,895 $ 298,737 $ 258,627
Operating expenses:        
Content costs 66,905 59,698 136,711 118,343
Other operating costs 12,397 11,881 25,084 23,136
Depreciation of property, plant and equipment 7,548 6,450 14,914 12,409
Amortization of broadcast licenses and other intangibles 2,267 2,053 4,623 4,162
Cost of revenues 89,117 80,082 181,332 158,050
Selling, general and administrative expenses 24,596 23,660 50,618 44,400
Operating income 45,842 43,153 66,787 56,177
Interest expense (Note 15) (10,441) (17,428) (25,453) (36,421)
Other non-operating (expense) / income, net (Note 16) (6,936) 6,908 (2,888) 9,140
Income before tax 28,465 32,633 38,446 28,896
Provision for income taxes (7,140) (7,368) (11,037) (9,613)
Income from continuing operations 21,325 25,265 27,409 19,283
Income / (loss) from discontinued operations, net of tax (Note 3) 4,700 2,533 5,688 (2,759)
Net income 26,025 27,798 33,097 16,524
Net loss attributable to noncontrolling interests 16 137 194 346
Net income attributable to CME Ltd. 26,041 27,935 33,291 16,870
Currency translation adjustment (34,629) 30,904 (22,844) 32,976
Unrealized (loss) / gain on derivative instruments (Note 12) (3,119) (40) (2,928) 1,218
Total other comprehensive (loss) / income (37,748) 30,864 (25,772) 34,194
Comprehensive (loss) / income (11,723) 58,662 7,325 50,718
Comprehensive (income) / loss attributable to noncontrolling interests (416) 590 (30) 891
Comprehensive (loss) / income attributable to CME Ltd. $ (12,139) $ 59,252 $ 7,295 $ 51,609
Net (loss) / income per share:        
Continuing operations — basic $ 0.05 $ 0.09 $ 0.07 $ 0.06
Continuing operations — diluted 0.05 0.07 0.06 0.04
Discontinued operations — basic 0.02 0.01 0.02 (0.01)
Discontinued operations — diluted 0.01 0.00 0.02 0.00
Net income attributable to CME Ltd. — basic 0.07 0.10 0.09 0.05
Net income attributable to CME Ltd. — diluted $ 0.06 $ 0.07 $ 0.08 $ 0.04
Weighted average common shares used in computing per share amounts (000’s):        
Basic (in shares) [1] 235,148 155,738 196,807 155,269
Diluted (in shares) 258,783 235,952 250,515 230,872
[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 the common stock.