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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME / LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 143,816 $ 146,559
Operating expenses:    
Content costs 65,032 70,360
Other operating costs 13,647 13,248
Depreciation of property, plant and equipment 7,927 8,226
Amortization of broadcast licenses and other intangibles 2,167 2,194
Cost of revenues 88,773 94,028
Selling, general and administrative expenses 28,846 24,894
Operating income 26,197 27,637
Interest expense (6,595) (8,242)
Other non-operating expense, net (6,136) (3,097)
Income before tax 13,466 16,298
Provision for income taxes (4,496) (4,547)
Net income 8,970 11,751
Net loss attributable to noncontrolling interests 71 7
Net income attributable to CME Ltd. 9,041 11,758
Currency translation adjustment (61,049) (15,843)
Unrealized gain / (loss) on derivative instruments (Note 13) 220 (3,331)
Total other comprehensive loss (60,829) (19,174)
Comprehensive loss (51,859) (7,423)
Comprehensive income attributable to noncontrolling interests (103) (130)
Comprehensive loss attributable to CME Ltd. $ (51,962) $ (7,553)
Net (loss) / income per share:    
Attributable to CME Ltd. — basic $ 0.02 $ 0.03
Attributable to CME Ltd. — diluted $ 0.02 $ 0.03
Weighted average common shares used in computing per share amounts (000’s):    
Basic (in shares) [1] 265,036 264,199
Diluted (in shares) 266,791 265,211
[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 rights of the Series A Preferred Share are considered substantially similar to that of our Class A common stock.