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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net revenues $ 249,656 $ 201,726 $ 422,428 $ 345,367
Operating expenses:        
Operating costs 34,536 27,496 68,191 54,776
Cost of programming 122,730 99,166 218,761 186,952
Depreciation of property, plant and equipment 14,493 13,075 27,910 27,189
Amortization of broadcast licenses and other intangibles (Note 4) 7,809 6,545 15,436 11,694
Cost of revenues 179,568 146,282 330,298 280,611
Selling, general and administrative expenses 30,615 29,992 60,322 58,437
Operating income 39,473 25,452 31,808 6,319
Interest income 637 527 1,765 1,180
Interest expense (Note 16) (37,757) (31,172) (93,796) (62,700)
Foreign currency exchange gain / (loss), net 4,106 (47,724) 47,371 (38,167)
Change in fair value of derivatives (Note 12) 1,161 2,624 1,121 (1,032)
Other (expense) / income (90) 69 (802) (201)
Income (loss) from continuing operations before tax 7,530 (50,224) (12,533) (94,601)
Provision for income taxes (6,718) (2,689) (7,650) (298)
Income / (loss) from continuing operations 812 (52,913) (20,183) (94,899)
Discontinued operations, net of tax (Note 2) 0 0 0 (3,922)
Gain on disposal of discontinued operations (Note 2) 0 217,619 0 217,619
Income from discontinued operations 0 217,619 0 213,697
Net income / (loss) 812 164,706 (20,183) 118,798
Net loss attributable to noncontrolling interests 156 463 37 4,077
Net income / (loss) attributable to CME Ltd. 968 165,169 (20,146) 122,875
Currency translation adjustment 22,851 (102,181) 131,246 (132,514)
Comprehensive income / (loss) 23,663 62,525 111,063 (13,716)
Comprehensive (income) / loss attributable to noncontrolling interests 89 1,224 (510) 4,067
Comprehensive income / (loss) attributable to CME Ltd. $ 23,752 $ 63,749 $ 110,553 $ (9,649)
PER SHARE DATA (Note 15):        
Continuing operations - Basic (in dollars per share) $ 0.02 $ (0.82) $ (0.31) $ (1.43)
Continuing operations - Diluted (in dollars per share) $ 0.02 $ (0.82) $ (0.31) $ (1.43)
Discontinued operations - Basic (in dollars per share) $ 0.00 $ 3.41 $ 0.00 $ 3.35
Discontinued operations - Diluted (in dollars per share) $ 0.00 $ 3.41 $ 0.00 $ 3.35
Net income / (loss) attributable to CME Ltd. - Basic (in dollars per share) $ 0.02 $ 2.59 $ (0.31) $ 1.92
Net income / (loss) attributable to CME Ltd. - Diluted (in dollars per share) $ 0.02 $ 2.59 $ (0.31) $ 1.92
Weighted average common shares used in computing per share amounts (000's):        
Basic (in shares) 64,384 63,871 64,377 63,705
Diluted (in shares) 64,501 63,871 64,377 63,705