World Wrestling Entertainment (WWE) 10-Q/A 15 Aug 22 2022 Q1 Quarterly report (amended) Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 03, 2022
Document Information [Line Items]
Document Type	10-Q/A
Amendment Flag	true
Document Quarterly Report	true
Document Fiscal Period Focus	Q1
Document Period End Date	Mar. 31, 2022
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Transition Report	false
Entity File Number	001-16131
Entity Registrant Name	WORLD WRESTLING ENTERTAINMENT, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	04-2693383
Entity Address, Address Line One	1241 East Main Street
Entity Address, City or Town	Stamford
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06902
City Area Code	203
Local Phone Number	352-8600
Title of 12(b) Security	Class A Common Stock, par value $0.01 per share
Trading Symbol	WWE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Description	In accordance with Rule 12b-15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), World Wrestling Entertainment, Inc. (the “Company,” “we,” “us,” or “our”) is filing this Amendment No. 1 on Form 10-Q/A (this “Form 10-Q/A”) to its Quarterly Report on Form 10-Q for the three months ended March 31, 2022, originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 5, 2022 (the “Form 10-Q” or the “Original Filing”), to amend and revise the following Items of our Original Filing:Part I – Item 1.  Consolidated Financial Statements (unaudited)Part I – Item 4.  Controls and ProceduresPart II – Item 1A.  Risk FactorsPart II – Item 6. ExhibitsThe complete text of those Items is revised in this Quarterly Report on Form 10-Q/A.The only changes to the Original Filing are those related to the matters described below and only in the items listed above. Except as described herein, this Form 10-Q/A does not modify, amend or update any of the other financial information or other information contained in the Original Filing. In addition, in accordance with Securities and Exchange Commission (“SEC”) rules, this Form 10-Q/A includes updated certifications from our co-Chief Executive Officers and Chief Financial and Administrative Officer as Exhibits 31.1, 31.2, 32.1 and 32.2. Otherwise, the information contained in this Form 10-Q/A is as of the date of the Original Filing and does not reflect any information or events occurring after the date of the Original Filing. Such subsequent information or events include, among other things, the information and events described in our Original Filing and in our Quarterly Report on Form 10-Q (“Form 10-Q”) for the fiscal quarter ended June 30, 2022, which is being filed concurrently with this Form 10-Q/A, and the information and events described in our Current Reports on Form 8-K filed subsequent to the date of the Original Filing. For a description of such subsequent information and events, please read our reports filed pursuant to the Exchange Act subsequent to the date of the Original Filing, which update and supersede certain information contained in the Original Filing and this Form 10-Q/A.On June 17, 2022, the Company and its Board of Directors announced that a special committee of independent members of the Company’s Board of Directors (the “Special Committee”) was formed to investigate alleged misconduct by the Company’s former Chairman and Chief Executive Officer, Vincent K. McMahon, who resigned from all positions held with the Company on July 22, 2022 but remains a stockholder with a controlling interest (“Mr. McMahon”), and another executive, who is also no longer with the Company.The findings of the investigation identified agreements executed by Mr. McMahon which were previously unknown to the Company. On July 25, 2002, the Company announced that it had determined that certain payments that Mr. McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future totaling $14.6 million) were not appropriately recorded as expenses in the Company’s Consolidated Financial Statements. The Company subsequently identified two additional payments totaling $5.0 million, unrelated to the alleged misconduct by Mr. McMahon that led to the Special Committee investigation, that Mr. McMahon made in 2007 and 2009 that were not appropriately recorded as expenses in the Company’s Consolidated Financial Statements. Together, these unrecorded expenses total $19.6 million (the “Unrecorded Expenses”). The Company has evaluated the Unrecorded Expenses and has determined that such amounts should have been recorded as expenses in each of the periods in which they became probable and estimable. All payments underlying the Unrecorded Expenses were or will be paid by Mr. McMahon personally. The Special Committee investigation is substantially complete.Management evaluated the quantitative and qualitative impact of these accounting errors on the Company’s previously issued unaudited interim Consolidated Financial Statements included in the Original Filing and concluded that the errors were not material to its previously issued financial statements. The Company has determined that, while the amount of Unrecorded Expenses was not material in any individual period in which the Unrecorded Expenses arose, the aggregate amount of Unrecorded Expenses would be material if recorded entirely in the second quarter of 2022. Accordingly, the Company is revising its previously issued financial statements to record the Unrecorded Expenses in the applicable periods for the three months ended March 31, 2022 and 2021.In addition, the Company re-evaluated the effectiveness of its internal controls over financial reporting and identified control deficiencies associated with the accounting errors, which the Company has concluded represent material weaknesses in the Company’s internal control over financial reporting as of March 31, 2022. Accordingly, the Company is filing this Form 10-Q/A to amend management’s assessment of the Company’s internal control over financial reporting and its disclosure controls and procedures to indicate that they were not effective as of March 31 2022.As a result of the determination to file this Form 10-Q/A, for the reasons outlined in the preceding paragraph, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, after discussion with management and the Company’s independent registered public accounting firm, Deloitte & Touche LLP, determined that the Company will revise its unaudited interim Consolidated Financial Statements for the three months ended March 31, 2022 and 2021, included in the Original Filing, to disclose the existence of the related material weaknesses and to correct the accounting error for all periods presented. The correction of these accounting errors does not impact the Company’s previously reported revenue during any financial statement period. For a more detailed description of the correction of the accounting error refer to Note 20, Revision of Previously Issued Unaudited Interim Consolidated Financial Information to the Consolidated Financial Statements of the Company included in this Form 10-Q/A.
Entity Central Index Key	0001091907
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in Shares)		43,246,147
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in Shares)		31,099,011

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Consolidated Statements Of Operations [Abstract]
Net revenues	$ 333,448	$ 263,524
Operating expenses	180,685	142,154
Marketing and selling expenses	18,420	18,912
General and administrative expenses	32,227	26,560
Depreciation and amortization	9,707	10,842
Operating income	92,409	65,056
Interest expense	6,345	8,508
Other (expense) income, net	321	556
Income before income taxes	86,385	57,104
Provision for income taxes	20,344	13,272
Net income	$ 66,041	$ 43,832
Earnings per share: basic	$ 0.88	$ 0.57
Earnings per share: diluted	$ 0.77	$ 0.51
Earnings (loss) per share:
Basic	74,781	77,376
Diluted	87,575	85,686
Dividends declared per common share (Class A and B)	$ 0.12	$ 0.12

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 66,041	$ 43,832
Other comprehensive loss:
Foreign currency translation adjustments	(60)	(46)
Net unrealized holding losses on available-for-sale debt securities (net of tax (benefit) expense of $(256) and $(22), and $(781) and $8, respectively)	(1,663)	(21)
Total other comprehensive loss	(1,723)	(67)
Comprehensive income	$ 64,318	$ 43,765

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Consolidated Statements Of Comprehensive Income [Abstract]
Unrealized holding losses on available-for-sale debt securities, tax benefit	$ 525	$ 7

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 105,594	$ 134,828
Short-term investments, net	342,219	280,957
Accounts receivable (net of allowance for doubtful accounts and returns of $5,324 and $5,155, respectively)	163,192	171,196
Inventory, net	9,200	8,033
Prepaid expenses and other current assets	30,716	32,242
Total current assets	650,921	627,256
Property and equipment, net	183,793	172,677
Finance lease right-of-use assets, net	308,549	313,360
Operating lease right-of-use assets, net	14,723	8,973
Content production assets, net	15,798	13,781
Investment securities	11,618	11,618
Deferred income tax assets, net	16,745	13,100
Other assets, net	43,201	43,302
Total assets	1,245,348	1,204,067
Current liabilities:
Current portion of long-term debt	435	430
Finance lease liabilities	12,465	12,190
Operating lease liabilities	3,783	4,755
Convertible debt	213,396	201,093
Accounts payable and accrued expenses	112,821	122,716
Deferred revenues	83,947	74,633
Total current liabilities	426,847	415,817
Long-term debt	21,173	21,284
Finance lease liabilities	370,948	374,681
Operating lease liabilities	11,547	5,063
Other non-current liabilities	13,389	12,562
Total liabilities	843,904	829,407
Commitments and contingencies
Stockholders' equity:
Additional paid-in capital	401,762	422,884
Accumulated other comprehensive income	697	2,420
Accumulated deficit	(1,759)	(51,393)
Total stockholders' equity	401,444	374,660
Total liabilities and stockholders' equity	1,245,348	1,204,067
Common Class A [Member]
Stockholders' equity:
Common stock	433	438
Common Class B [Member]
Stockholders' equity:
Common stock	$ 311	$ 311

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts receivable, allowance for doubtful accounts and returns	$ 5,157	$ 5,155
Common Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	180,000,000	180,000,000
Common stock, shares issued	43,242,334	43,732,977
Common stock, shares outstanding	43,242,334	43,732,977
Common Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	31,099,011	31,099,011
Common stock, shares outstanding	31,099,011	31,099,011

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders' Equity - USD ($) $ in Thousands	Equity [Member] Common Class A [Member]	Equity [Member] Common Class B [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income [Member]	Retained Earnings (Accumulated) [Member]	Common Class A [Member]	Common Class B [Member]	Total
Balance, Shares at Dec. 31, 2020	46,695,000	31,099,000
Balance at Dec. 31, 2020	$ 467	$ 311	$ 436,558	$ 2,985	$ (56,327)			$ 383,994
Net income					43,832			43,832
Other comprehensive loss				(67)				$ (67)
Repurchases and retirements of common stock, Shares	(1,498,000)							(1,497,820)
Repurchases and retirements of common stock	$ (15)		(13,625)		(61,360)			$ (75,000)
Stock issuances and other, net, Shares	60,000
Stock issuances and other, net	$ 1		3,162					3,163
Taxes paid related to net settlement upon vesting of equity awards			(629)					(629)
Cash dividends declared					(9,160)			(9,160)
Stock-based compensation			7,548					7,548
Balance, Shares at Mar. 31, 2021	45,257,000	31,099,000
Balance at Mar. 31, 2021	$ 453	$ 311	433,014	2,918	(83,015)			353,681
Balance, Shares at Dec. 31, 2020	46,695,000	31,099,000
Balance at Dec. 31, 2020	$ 467	$ 311	436,558	2,985	(56,327)			383,994
Balance, Shares at Dec. 31, 2021	43,733,000	31,099,000				43,732,977	31,099,011
Balance at Dec. 31, 2021	$ 438	$ 311	422,884	2,420	(51,393)			374,660
Net income					66,041			66,041
Other comprehensive loss				(1,723)				$ (1,723)
Repurchases and retirements of common stock, Shares	(525,000)							(524,498)
Repurchases and retirements of common stock	$ (5)		(4,916)		(25,085)			$ (30,006)
Stock issuances and other, net, Shares	34,000
Stock issuances and other, net			3,439					3,439
Taxes paid related to net settlement upon vesting of equity awards			(32)					(32)
Cash dividends declared					(8,931)			(8,931)
Stock-based compensation			6,770					6,770
Balance, Shares at Mar. 31, 2022	43,242,000	31,099,000				43,242,334	31,099,011
Balance (ASU 2020-06 [Member]) at Mar. 31, 2022			(26,383)		17,609			(8,774)
Balance at Mar. 31, 2022	$ 433	$ 311	$ 401,762	$ 697	$ (1,759)			$ 401,444

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
OPERATING ACTIVITIES:
Net income	$ 66,041	$ 43,832
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and impairments of content production assets	9,820	5,823
Depreciation and amortization	11,980	12,643
Other amortization	3,516	4,222
Stock-based compensation	9,618	7,980
Benefit from deferred income taxes	297	(453)
Other non-cash adjustments	345	817
Cash provided by (used in) changes in operating assets and liabilities:
Accounts receivable	7,799	(32,864)
Inventory	(872)	282
Prepaid expenses and other assets	(1,388)	12,184
Content production assets	(11,714)	(5,771)
Accounts payable, accrued expenses and other liabilities	(9,278)	12,530
Deferred revenues	9,286	(1,319)
Net cash provided by operating activities	95,450	59,906
INVESTING ACTIVITIES:
Purchases of property and equipment and other assets	(21,487)	(6,167)
Purchases of short-term investments	(111,623)	(52,405)
Proceeds from sales and maturities of short-term investments	47,424	22,842
Purchase of investment securities		(210)
Net cash used in investing activities	(85,686)	(35,940)
FINANCING ACTIVITIES:
Repayment of long-term debt	(106)	(100,101)
Repayment of finance leases	(3,435)	(2,723)
Dividends paid	(8,931)	(9,160)
Proceeds from tenant improvement allowances	2,273
Taxes paid related to net settlement upon vesting of equity awards	(32)	(629)
Proceeds from issuance of stock and other	1,239	1,963
Repurchase and retirement of common stock	(30,006)	(75,000)
Net cash used in financing activities	(38,998)	(185,650)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(29,234)	(161,684)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	134,828	462,102	$ 462,102
CASH AND CASH EQUIVALENTS, END OF PERIOD	105,594	300,418	$ 134,828
NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Purchases of property and equipment recorded in accounts payable and accrued expenses (See Note 12)	21,352	2,696
Principal stockholder contributions (See Note 18)	$ 2,200	$ 1,200

Basis Of Presentation And Busin

Basis Of Presentation And Business Description	3 Months Ended
	Mar. 31, 2022
Basis Of Presentation And Business Description [Abstract]
Basis Of Presentation And Business Description	1. B asis of Presentation and Business Description The accompanying Consolidated Financial Statements include the accounts of WWE. “WWE” refers to World Wrestling Entertainment, Inc. and its subsidiaries, unless the context otherwise requires. References to “we,” “us,” “our” and the “Company” refer to WWE . The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The accompanying Consolidated Financial Statements are unaudited. All adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of financial position, results of operations, and cash flows at the dates and for the periods presented have been included. The results of operations of any interim period are not necessarily indicative of the results of operations for the full year. All intercompany balances are eliminated in consolidation. Certain information and note disclosures normally included in annual financial statements have been condensed or omitted from these interim financial statements; these financial statements should be read in conjunction with the financial statements and notes thereto included in our year ended December 31, 2021 Form 10-K, as amended by Form 10-K/A filed on August 15, 2022. We are an integrated media and entertainment company, principally engaged in the production and distribution of wrestling entertainment content through various channels, including our premium over-the-top network (“WWE Network”) monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming, filmed entertainment, live events, licensing of various WWE themed products, and the sale of consumer products featuring our brands. Our operations are organized around the following principal activities: Media :  The Media segment reflects the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. Across these platforms, revenues principally consist of content rights fees, subscriptions to WWE Network, and advertising and sponsorships. Effective March 18, 2021, the domestic monetization of WWE Network is generated from content license fees and certain shared sponsorship revenues from NBC Universal (“NBCU”). Media segment revenues for the three months ended March 31, 2021 include the upfront revenue recognition related to the delivery of certain intellectual property rights under this agreement. Live Events :  Live events provide ongoing content for our media platforms. Live Event segment revenues consist primarily of ticket sales, revenues from events for which we receive a fixed fee, as well as the sale of travel packages associated with the Company’s global live events. As a result of the global spread of the coronavirus pandemic (“COVID-19”), these revenues had been greatly limited from March 2020 through the first half of 2021. In July 2021, we resumed our domestic and international live event touring schedules. Consumer Products :  The Consumer Products segment engages in the merchandising of WWE branded products, such as video games, toys and apparel, through licensing arrangements and direct-to-consumer sales. Revenues principally consist of royalties and licensee fees related to WWE branded products, and sales of merchandise distributed at our live events and through eCommerce platforms. Note on the COVID-19 Pandemic The global spread of COVID-19 and the various attempts to contain it resulted in restrictions, postponements and cancellations of various sports and other events and required us to cancel, postpone or relocate certain of our live events since March 2020. While restrictions have lessened and we have resumed our domestic and international live event touring schedules, COVID-19 and its variants continue to create significant uncertainty and the full extent of the impact will depend on numerous evolving factors that we can neither predict nor control, including the pandemic’s duration and severity and the governmental, business and individual responses to it. We will continue to actively monitor the issues raised by the COVID-19 pandemic and may take further actions that alter our business operations that are required by applicable governmental authorities and/or that we determine to be in the best interests of our employees, talent, customers, partners and stockholders. Any of the foregoing could have a material negative effect on our business and results of operations.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Our significant accounting policies are detailed in Note 2, Summary of Significant Accounting Policies , in the Notes to Consolidated Financial Statements within our Annual Report on Form 10-K/A for the year ended December 31, 2021. Except for the policies on the Company’s convertible debt, there have been no material changes to the Company’s significant accounting policies described in our Annual Report on Form 10-K/A. The Company’s policy on the accounting for its convertible debt was updated due to the Company’s adoption of Accounting Standards Update (“ASU”) No. 2020-06, as described below. Operating Expenses Operating expenses consist of our production costs associated with developing our content, venue rental and related costs associated with the staging of our live events, compensation costs for our talent, material and related costs associated with our consumer product merchandise sales, and costs associated with operating WWE Network. In addition, operating expenses include the operating costs associated with talent development, data analytics, data engineering, business strategy and real estate and facilities functions. Included within Operating expenses are the following: Three Months Ended March 31, 2022 2021 Amortization and impairment of content production assets $ 9,820 $ 5,823 Depreciation and amortization of WWE Network content delivery and technology assets 2,176 1,724 Amortization of right-of-use assets - finance leases of equipment 2,222 2,385 Depreciation on equipment used directly to support operations 166 147 Total depreciation and amortization included in operating expenses $ 14,384 $ 10,079 Costs to produce our live event programming are expensed when the event is first broadcast, and are not included in the amortization table noted above. These costs include production-related costs, such as lighting, pyrotechnics and staging, associated with our weekly, in-ring televised programming as well as our premium live events, which are included as a component of our Media segment operating expenses. We also incur event-related costs, such as venue rental, security and travel, associated with our premium live events as well as our televised and non-televised events, which are included as a component of our Live Events segment operating expenses. Talent-related costs primarily associated with our premium live events and televised programming are included within our Media segment, while talent-related costs associated with our non-televised events are included within our Live Events segment. Recent Accounting Pronouncements In August 2020, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (ASU 2020-06). The new guidance eliminates two of the three models in ASC 470-20, Debt with Conversion and Other Options , that require separating embedded conversion features from convertible instruments. Specifically, the ASU removes the separation models for convertible debt with a cash conversion feature or convertible instruments with a beneficial conversion feature. The Company's existing 3.375 % convertible senior notes due December 2023 ("Convertible Notes") are currently accounted for under the cash conversion feature model, which is one of the models being eliminated. As a result, after adopting the new guidance, the Company will no longer separately present in equity an embedded conversion feature of such debt. Instead, the Company will account for a convertible debt instrument wholly as debt unless (i) a convertible debt instrument contains features that require bifurcation as a derivative or (ii) a convertible debt instrument was issued at a substantial premium. Additionally, the ASU revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments (e.g., warrants) and embedded features (e.g., conversion features) that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification. The new guidance also requires the use of the if-converted method when calculating diluted earnings per share (“EPS”) for convertible instruments and the treasury stock method should no longer be used. Under the new guidance, convertible instruments that may be settled in cash or shares (e.g., the Company’s Convertible Notes) are to be included in the calculation of diluted EPS if the effect is more dilutive, with no option for rebutting the presumption of share settlement based on stated policy or past experience. The ASU is effective for fiscal years beginning after December 15, 2021 (fiscal year 2022 for the Company) and can be adopted on either a fully retrospective or modified retrospective basis. The Company adopted the ASU effective January 1, 2022 under the modified retrospective approach. The cumulative effect of the change was recognized as an adjustment to the opening balance of retained earnings (accumulated deficit) at the date of adoption. The comparative information has not been restated and continues to be presented according to accounting standards in effect for those periods. As a result of the adoption, the Company’s Convertible Notes are no longer bifurcated into a separate liability and equity component in the March 31, 2022 consolidated balance sheet. Rather, the Convertible Notes are presented as a single liability at amortized cost, net of unamortized debt issuance costs, on the March 31, 2022 consolidated balance sheet. Upon adoption of the ASU, the Company recorded a net increase of $ 12,068 to the Convertible Notes liability component, a $ 26,383 net decrease to the equity component (additional paid-in capital) and a net increase of $ 17,609 to retained earnings (accumulated deficit) for the cumulative effect of the adoption. The Company also recorded a net increase of $ 3,294 to deferred income tax assets. The adjustments were calculated based on the carrying amount of the Convertible Notes as if it had always been treated as a liability only. Furthermore, included in the above adjustments, are adjustments to the debt issuance costs contra-liability and equity (additional paid-in capital) components under the same premise (i.e., as if the total amount of debt issuance costs had always been treated as a contra-liability only). Lastly, the Company derecognized deferred income taxes associated with the Convertible Notes debt discount and adjusted deferred income taxes relative to unamortized debt issuance costs associated with the Convertible Notes. The Company also expects lower interest expense related to the Convertible Notes that will be recognized in future periods subsequent to adoption as a result of accounting for the Convertible Notes as a single liability measured at amortized cost. The following table summarizes the impact of the adoption of ASU 2020-06 on the Company’s opening consolidated balance sheet on January 1, 2022: December 31, 2021 ASU 2020-06 January 1, 2022 As Reported Adoption Impact As Adjusted Consolidated Balance Sheet line item : Deferred income tax assets, net $ 13,100 $ 3,294 $ 16,394 Convertible debt (1) $ 201,093 $ 12,068 $ 213,161 Additional paid-in-capital (conversion feature, net of tax) $ 422,884 $ ( 26,383 ) $ 396,501 Accumulated deficit (cumulative effect adjustment, net of tax) $ ( 51,393 ) $ 17,609 $ ( 33,784 ) (1) Prior to adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt discount and unamortized debt issuance costs. After adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt issuance costs.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2022
Segment Information [Abstract]
Segment Information	3. Segment Information The Company currently classifies its operations into three reportable segments: Media, Live Events and Consumer Products. Segment information is prepared on the same basis that our chief operating decision maker manages the segments, evaluates financial results, and makes key operating decisions. Unallocated corporate general and administrative expenses largely relate to corporate functions such as finance, investor relations, community relations, corporate communications, information technology, legal, facilities, human resources and our Board of Directors. These unallocated corporate general and administrative expenses will be shown, as applicable, as a reconciling item in tables where segment and consolidated results are both shown. The Company presents Adjusted OIBDA as the primary measure of segment profit (loss). The Company defines Adjusted OIBDA as operating income before depreciation and amortization, excluding stock-based compensation, certain impairment charges and other non-recurring material items. Adjusted OIBDA includes depreciation and amortization expenses directly related to supporting the operations of our segments, including content production asset amortization, depreciation and amortization of costs related to content delivery and technology assets utilized for WWE Network, as well as amortization of right-of-use assets related to finance leases of equipment used to produce and broadcast our live events. The Company believes the presentation of Adjusted OIBDA is relevant and useful for investors because it allows investors to view our segment performance in the same manner as the primary method used by management to evaluate segment performance and make decisions about allocating resources. Additionally, we believe that Adjusted OIBDA is a primary measure used by media investors, analysts and peers for comparative purposes. We do not disclose assets by segment information. We do not provide assets by segment information to our chief operating decision maker, as that information is not typically used in the determination of resource allocation and assessing business performance of each reportable segment. The following tables present summarized financial information for each of the Company’s reportable segments: Three Months Ended March 31, 2022 2021 Net revenues: Media $ 278,119 $ 242,027 Live Events 23,101 472 Consumer Products 32,228 21,025 Total net revenues $ 333,448 $ 263,524 Adjusted OIBDA: Media $ 128,217 $ 106,599 Live Events 2,814 ( 4,308 ) Consumer Products 11,873 6,670 Corporate ( 31,170 ) ( 25,083 ) Total Adjusted OIBDA $ 111,734 $ 83,878 Reconciliation of Total Operating Income to Total Adjusted OIBDA Three Months Ended March 31, 2022 2021 Total operating income $ 92,409 $ 65,056 Depreciation and amortization 9,707 10,842 Stock-based compensation 9,618 7,980 Other adjustments — — Total Adjusted OIBDA $ 111,734 $ 83,878

Revenues

Revenues	3 Months Ended
	Mar. 31, 2022
Revenues [Abstract]
Revenues	4. Revenues Revenues are generally recognized when control of the promised goods or services is transferred to our customers, either at a point in time or over time, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. In contracts that have multiple performance obligations, we allocate the transaction price to each identified performance obligation based upon their relative standalone selling price. The standalone selling prices are determined using observable standalone selling prices when available, as well as estimates of standalone selling prices using adjusted market assessment and expected cost plus margin approaches to estimate the price for individual performance obligations. Variable consideration can result from variability in price or quantity, or both. The components of our transaction price generally does not include material amounts of variable consideration. The variable consideration related to the transaction price contained in our contracts relates primarily to sales or usage-based royalties earned on consumer product licensing contracts. The variability related to these sales or usage-based royalties will be resolved in the periods when the licensee generates sales related to the intellectual property license. Most of our contracts do not include material amounts of variable consideration related to quantities in a contract, and when we have this variability, we estimate the quantities each reporting period. As it relates to our Consumer Products segment, the Company accounts for shipping and handling activities as fulfillment activities. We derive our revenues principally from the following sources: (i) content rights fees associated with the distribution of WWE’s media content, (ii) content license fees and subscriptions to WWE Network, (iii) fees for viewing our premium live event programming, (iv) feature film distribution, (v) advertising and sponsorship sales, (vi) live event ticket sales, (vii) consumer product licensing royalties from the sale by third-party licensees of WWE branded merchandise, (viii) direct-to-consumer sales of merchandise at our live event venues, and (ix) direct-to-consumer sales of our merchandise through eCommerce platforms. Disaggregated Revenues The following table presents our revenues disaggregated by primary revenue sources. Sales and usage-based taxes are excluded from revenues. Three Months Ended March 31, 2022 2021 Net revenues: Media Segment : Network (including pay-per-view) (1) $ 56,335 $ 79,392 Core content rights fees (2) 141,523 139,739 Advertising and sponsorships (3) 19,767 15,596 Other (4) 60,494 7,300 Total Media Segment net revenues 278,119 242,027 Live Events Segment : North American ticket sales 19,888 — International ticket sales — — Advertising and sponsorships (5) 1,145 — Other (6) 2,068 472 Total Live Events Segment net revenues 23,101 472 Consumer Products Segment : Consumer product licensing 20,006 11,039 eCommerce 7,717 9,986 Venue merchandise 4,505 — Total Consumer Products Segment net revenues 32,228 21,025 Total net revenues $ 333,448 $ 263,524 (1) Network revenues consist primarily of license fees associated with the domestic distribution of WWE Network content to NBCU (effective March 18, 2021), as well as subscription fees from customers of WWE Network and license fees associated with our international licensed partner agreements. Network revenues for the three months ended March 31, 2021 include the upfront revenue recognition related to the delivery of certain WWE Network intellectual property rights. (2) Core content rights fees consist primarily of licensing revenues from the distribution of our flagship programs, RAW and SmackDown , as well as our NXT programming, through global broadcast, pay television and digital platforms. (3) Advertising and sponsorships revenues within our Media segment consist primarily of advertising revenues from the Company’s content on third-party social media platforms and sponsorship fees from sponsors who promote their products utilizing the Company’s media platforms, including promotion on the Company’s digital websites and on-air promotional media spots. (4) Other revenues within our Media segment reflect revenues earned from the distribution of other WWE content, including, but not limited to, certain live in-ring programming content in international markets, scripted, reality and other programming, as well as theatrical and direct-to-home video releases. (5) Advertising and sponsorships revenues within our Live Events segment primarily consists of fees from advertisers and sponsors who promote their products utilizing the Company’s live events (i.e., presenting sponsor of fan engagement events and advertising signage at the event). (6) Other revenues within our Live Events segment primarily consists of the sale of travel packages associated with the Company’s global live events, as well as revenues from events for which the Company receives a fixed fee. WWE Network subscriptions revenues for international subscribers, and domestic subscribers through March 17, 2021 (prior to transition of WWE Network content domestically to NBCU), are recorded over time during the subscription term, and our consumer product licensing revenues are recorded over time during the licensing period. Other revenue streams identified in the table above are generally recognized at a point-in-time when the performance obligations are satisfied. Payment Terms and Other Our revenues do not include material amounts of variable consideration, other than the sale or usage-based royalties earned related to our consumer product licensing and certain other content rights contracts. Our payment terms vary by the type of products or services offered, and may be subject to contractual payment terms, which may include advance payment requirements. The time between invoicing and when payment is due is not significant, generally within 30 to 60 days. We have elected the practical expedient to not adjust the total consideration within a contract to reflect a financing component when the duration of the financing is one year or less. Our contracts do not generally include a significant financing component. Our contracts with customers do not generally result in significant obligations associated with returns, refunds or warranties. Remaining Performance Obligations As of March 31, 2022, for contracts greater than one year, the aggregate amount of the transaction price allocated to remaining performance obligations is $ 3,240,938 , comprised of our multi-year content distribution, consumer product licensing and sponsorship contracts. We will recognize rights fees related to our multi-year content distribution contracts as content is delivered to the distributors during the periods 2022 through 2028. We will recognize the revenues associated with the minimum guarantees on our multi-year consumer product licensing arrangements by the end of the licensing periods, which range from 2022 through 2031. For our multi-year sponsorship arrangements, we will recognize sponsorship revenues as the sponsorship obligations are satisfied during the periods 2022 through 2028. The transaction prices related to these future obligations generally do not include any variable consideration, which consists of sales or usage-based royalties earned on consumer product licensing and certain other content rights contracts. The variability related to these sales or usage-based royalties will be resolved in the periods when the licensee generates sales related to the intellectual property license. For transaction prices related to these future obligations that may contain material amounts of variable consideration related to quantities in a contract, we estimate the quantities each reporting period. Contract Assets and Contract Liabilities (Deferred Revenues) A contract asset results when goods or services have been transferred to the customer, but payment is contingent upon a future event, other than the passage of time. The Company does not have any material contract assets, only accounts receivable as disclosed on our Consolidated Balance Sheets. We record deferred revenues (also referred to as contract liabilities under ASC Topic 606) when cash payments are received or due in advance of our performance. Our deferred revenue balance primarily relates to advance payments received related to our content distribution rights agreements, our consumer product licensing agreements, and our sponsorship and advertising arrangements. The Company’s deferred revenue (i.e., contract liabilities) as of March 31, 2022 and December 31, 2021 was $ 83,947 and $ 74,661 , respectively, and are included within Deferred revenues and Other non-current liabilities on our Consolidated Balance Sheets. Contract Costs (Costs of Obtaining a Contract) Except for certain multi-year television content arrangements, we generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within Marketing and selling expenses within our Consolidated Statements of Operations. Capitalized commission fees of $ 600 and $ 625 at March 31, 2022 and December 31, 2021, respectively, relate primarily to incremental costs of obtaining our long-term television content arrangements and these costs are being amortized over the duration of the underlying content agreements on a straight-line basis to marketing and selling expense. During each of the three months ended March 31, 2022 and 2021, the amount of amortization was $ 25 , and there was no impairment in relation to the costs capitalized.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	5. Earnings Per Share For purposes of calculating basic and diluted earnings per share, we used the following weighted average common shares outstanding (in thousands): Three Months Ended March 31, 2022 2021 Net income for basic earnings per share $ 66,041 $ 43,832 Effect of potentially diluted shares: Interest expense related to the Convertible Notes (1) 1,566 — Net income for diluted earnings per share $ 67,607 $ 43,832 Weighted average basic common shares outstanding 74,781 77,376 Dilutive effect of restricted and performance stock units 526 383 Dilutive effect of convertible debt instruments 12,266 7,925 Dilutive effect of employee share purchase plan 2 2 Weighted average dilutive common shares outstanding 87,575 85,686 Earnings per share: Basic $ 0.88 $ 0.57 Diluted $ 0.77 $ 0.51 Anti-dilutive shares (excluded from per-share calculations): Net shares received on purchased call of convertible debt hedge 4,728 4,536 (1) The Company adopted ASU 2020-06 effective January 1, 2022 under the modified retrospective approach. As such, f or purposes of calculating net income for diluted earnings per share, we have not made any adjustments for the three months ended March 31, 2021. Effect of Convertible Notes and Related Convertible Note Hedge and Warrants In connection with the issuance of the Convertible Notes, the Company entered into Convertible Note Hedge and Warrant transactions as described further in Note 13, Convertible Debt . The collective impact of the Convertible Note Hedge and Warrants effectively eliminates any economic dilution that may occur from the actual conversion of the Convertible Notes between the conversion price of $ 24.91 per share and the strike price of the Warrants of $ 31.89 per share. The adoption of ASU 2020-06, as described in Note 2, Significant Accounting Policies – Recent Accounting Pronouncements , did not impact the accounting for the Convertible Note Hedge and Warrants (i.e., continue to remain classified in equity), as well as the treatment for diluted earnings per share calculation purposes as it relates to the Convertible Note Hedge and Warrants. We adopted ASU 2020-06 on January 1, 2022 under the modified retrospective method and applied the new guidance to our Convertible Notes outstanding as of January 1, 2022. We have not changed previously disclosed amounts or provided additional disclosures for comparative periods. ASU 2020-06 requires the if-converted method to be applied for all convertible instruments when calculating diluted earnings per share. Under the if-converted method, diluted earnings per share will be calculated assuming that all the Convertible Notes were converted solely into shares of common stock at the beginning of the reporting period, unless the result would be anti-dilutive. Prior to actual conversion, for purposes of calculating diluted earnings per share, the denominator also includes the additional shares issued related to the Warrants using the treasury stock method to the extent the average price of our common stock exceeds the strike price of the Warrants of $ 31.89 per share. In addition, prior to actual conversion, the Convertible Note Hedges are not considered for purposes of the calculation of diluted earnings per share, as their effect would be anti-dilutive. The dilution from the Convertible Notes for the three months ended March 31, 2022, calculated using the if-converted method, had a $ 0.13 impact on diluted earnings per share, as compared to a $ 0.05 impact on diluted earnings per share for the three months ended March 31, 2021, which was calculated under the Treasury Stock method.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2022
Stock-Based Compensation [Abstract]
Stock-Based Compensation	6. Stock-based Compensation Our 2016 Omnibus Incentive Plan (the “2016 Plan”) provides for the grant of incentive or non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, other stock-based awards and performance awards to eligible participants as determined by the Compensation Committee of the Board of Directors. Awards may be granted as incentives and rewards to encourage officers, employees, consultants, advisors and independent contractors of the Company and its affiliates and to non-employee directors of the Company to participate in our long-term success. Stock-based compensation costs, which includes costs related to RSUs, PSUs, PSU-TSRs, the Company’s qualified employee stock purchase plan and shares issued to the Company’s Board of Directors, totaled $ 9,618 and $ 7,980 for the three months ended March 31, 2022 and 2021, respectively. Restricted Stock Units The Company grants restricted stock units (“RSUs”) to officers and employees under the 2016 Plan. Stock-based compensation costs associated with our RSUs are determined using the fair market value of the Company’s common stock on the date of the grant. These costs are recognized over the requisite service period using the graded vesting method, net of estimated forfeitures. RSUs have a service requirement typically over a 3.5 year vesting schedule and vest in equal annual installments. We estimate forfeitures based on historical trends when recognizing compensation expense and adjust the estimate of forfeitures when they are expected to differ or as forfeitures occur. Unvested RSUs accrue dividend equivalents at the same rate as are paid on our shares of Class A common stock. The dividend equivalents are subject to the same vesting schedule as the underlying RSUs. The following table summarizes the RSU activity during the three months ended March 31, 2022: Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 300,003 $ 55.03 Granted 149,137 $ 51.77 Vested ( 1,474 ) $ 44.97 Forfeited ( 15,503 ) $ 52.51 Dividend equivalents 844 $ 53.99 Unvested at March 31, 2022 433,007 $ 54.00 Performance Stock Units The Company grants performance stock units (“PSUs”) to officers and employees under the 2016 Plan. Stock-based compensation costs associated with our PSUs are initially determined using the fair market value of the Company’s common stock on the date the awards are approved by our Compensation Committee (service inception date). The vesting of these PSUs are subject to certain performance conditions and a service requirement of typically 3.5 years. Until the performance conditions are met, stock compensation costs associated with these PSUs are re-measured each reporting period based upon the fair market value of the Company’s common stock and the estimated performance attainment on the reporting date. The ultimate number of PSUs that are issued to an employee is the result of the actual performance of the Company at the end of the performance period compared to the performance conditions. Stock compensation costs for our PSUs are recognized over the requisite service period using the graded vesting method, net of estimated forfeitures. We estimate forfeitures based on historical trends when recognizing compensation expense and adjust the estimate of forfeitures when they are expected to differ or as forfeitures occur. Unvested PSUs accrue dividend equivalents once the performance conditions are met at the same rate as are paid on our shares of Class A common stock. The dividend equivalents are subject to the same vesting schedule as the underlying PSUs. During the third quarter of 2020, the Compensation Committee approved an agreement to grant PSUs to an executive management member for an aggregate value of $ 15,000 . During the first quarter of 2022, this agreement was amended to increase the aggregate value to $ 22,500 . This award vests in two tranches of 27 %, and 73 %, during the years 2022 and 2025, respectively. The first award tranche of $ 6,000 has performance conditions tied to results through September 2022, and the second award of $ 16,500 has performance conditions tied to results through September 2025. The Company began expensing the second award of $ 16,500 concurrent with the first award beginning on the service inception date in August 2020. The Company accounts for the first award as an equity award since the target shares are known at inception, while the second award is classified as a liability award until the number of shares is determined upon settlement of the first award. The liability and the corresponding expense are adjusted at the end of each reporting period until the date of settlement, considering the probability that the performance conditions will be satisfied. As of March 31, 2022, the liability portion of the award was $ 5,315 , which is included in Other non-current liabilities on the Consolidated Balance Sheet. There are no units associated with the second award in the table below as of March 31, 2022 since the initial target number of shares will be determined by the Compensation Committee in 2022 based on the terms of the award. The following table summarizes the PSU activity during the three months ended March 31, 2022: Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 433,267 $ 50.14 Granted 573,324 $ 62.44 Achievement adjustment 83,250 $ 47.81 Forfeited ( 10,667 ) $ 50.89 Dividend equivalents 732 $ 49.04 Unvested at March 31, 2022 1,079,906 $ 57.81 During the year ended December 31, 2021, we granted 304,726 PSUs, which were subject to performance conditions related to the 2021 fiscal year. During the first quarter of 2022, it was determined that the performance conditions related to these PSUs were exceeded, which resulted in an achievement adjustment increase of 83,250 PSUs in 2022 relating to the initial 2021 PSU grant. Performance Stock Units with a Market Condition Tied to Relative Total Shareholder Return In March 2018, the Compensation Committee approved certain agreements to grant PSUs with a market condition (“PSU-TSRs”) where vesting is conditioned upon the total shareholder return performance of the Company’s stock relative to the performance of a peer group over five distinct performance periods from 2018 through 2024. The five distinct performance periods end in March from 2020 to 2024, with the awards for each performance period vesting in July of each year. The payout for each performance period can vest at between 50 % and 175 % of the target award based on the percentile ranking of WWE’s total shareholder return performance with vesting capped at 100 % if WWE’s absolute total shareholder return is negative. The grant date fair value of the award was calculated using a Monte-Carlo simulation model which factors in the number of awards to be earned based on the achievement of the market condition. This model simulates the various stock price movements of the Company and peer group companies using certain assumptions, including the stock price of WWE and those of the peer group, stock price volatility, the risk-free interest rate, correlation coefficients, and expected dividend yield. The grant date fair value of the award is being amortized as compensation cost over the requisite service period using the graded vesting method. The following table summarizes the PSU-TSR activity during the three months ended March 31, 2022: Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 47,736 $ 47.28 Granted — $ — Achievement adjustment 10,229 $ 47.30 Vested — $ — Forfeited — $ — Dividend equivalents — $ — Unvested at March 31, 2022 57,965 $ 47.30 During the first quarter of 2022, it was determined that the percentile ranking of WWE’s total shareholder return performance related to the third performance period were met, which resulted in an achievement adjustment increase of 10,229 PSU-TSRs in 2022 relating to the initial 2018 PSU-TSR grant.

Property And Equipment

Property And Equipment	3 Months Ended
	Mar. 31, 2022
Property And Equipment [Abstract]
Property And Equipment	7. Property and Equipment Property and equipment consisted of the following: As of March 31, December 31, 2022 2021 Land, buildings and improvements $ 154,679 $ 154,826 Equipment 153,780 148,193 Corporate aircraft 32,249 32,249 Vehicles 993 993 Projects in progress 63,522 49,660 405,223 385,921 Less: accumulated depreciation and amortization ( 221,430 ) ( 213,244 ) Total $ 183,793 $ 172,677 Depreciation expense for property and equipment totaled $ 9,316 and $ 10,116 for the three months ended March 31, 2022 and 2021, respectively.

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	8. Leases Information about the Nature of WWE’s Lease Portfolio As of March 31, 2022, the Company’s lease portfolio consists of operating and finance real estate leases for its sales offices, performance centers, warehouses and corporate related facilities. In addition, we have various live event production service arrangements that contain operating and finance equipment leases. With the exception of our new global headquarter lease that commenced on July 1, 2019 with an 18 -month free rent period followed by an initial base term of 15 years with options to renew, our other real estate leases have remaining lease terms of approximately one year to ten years , some of which may also include options to extend the leases. Our equipment leases, which are included as part of various operating service arrangements, generally have remaining lease terms of approximately one year to six years . Generally, no covenants are imposed by our lease agreements. As it relates to the Company’s new global headquarter lease, in November 2020 the landlord granted a rent deferral of $ 6,590 for a portion of the rental payments due during 2021. The rent deferral amount will be payable over a five year period from 2022 through 2026. The FASB has provided relief under ASC 842, “ Leases ,” related to the COVID-19 pandemic. Under this relief, companies can make an accounting policy election on how to treat lease concessions resulting directly from COVID-19, provided that the modified lease contract results in total cash flows that are substantially the same or less than the cash flows in the original lease contract. The Company has elected to account for the rent deferral resulting directly from COVID-19 as though the enforceable rights and obligations to the deferral existed in the original lease contract at lease inception, and did not account for the concession as a lease modification. In lieu of applying lease modification accounting, the Company accounted for the rent deferral by accruing an accounts payable during the rent concession periods in 2021 and will relieve the payable during 2022 through 2026 when the deferred rents are due. The amount of this deferral was $ 6,492 as of March 31, 2022, with $ 5,250 included as a component of Other non-current liabilities and $ 1,242 included as a component of Accounts payable and accrued expenses on our Consolidated Balance Sheet. Key Estimates and Judgments Key estimates and judgments made in applying the lease accounting rules include how the Company determines (i) the discount rate it uses to discount the unpaid lease payments to present value, (ii) lease term and (iii) lease payments. ASC 842 requires a lessee to discount its unpaid lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. Generally, the Company cannot readily determine the interest rate implicit in the lease and therefore uses the incremental borrowing rate for its leases. The incremental borrowing rate reflects the rate of interest that the Company would pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. The incremental borrowing rates were generally determined by estimating the appropriate collateralized borrowing rates to be used for our leases and considered certain factors including, the lease term, economic environment and the assumed credit rating profile of the Company. The lease term for all of the Company’s lease arrangements include the noncancelable period of the lease plus, if applicable, any additional periods covered by an option to extend the lease that is reasonably certain to be exercised by the Company. Quantitative Disclosures Related to Leases The following table provides quantitative disclosure about the Company’s operating and financing leases for the periods presented: Three Months Ended March 31, 2022 2021 Lease costs Finance lease costs: Amortization of right-of-use assets $ 4,671 $ 4,658 Interest on lease liabilities 3,804 4,706 Operating lease costs 1,172 1,518 Other short-term and variable lease costs 673 408 Sublease income (1) ( 26 ) — Total lease costs $ 10,294 $ 11,290 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 3,805 $ 2,763 Operating cash flows from operating leases $ 1,075 $ 1,328 Finance cash flows from finance leases $ 3,435 $ 2,723 Right-of-use assets obtained in exchange for new finance lease liabilities $ — $ 174 Right-of-use assets obtained in exchange for new operating lease liabilities $ 8,605 $ 3,457 As of March 31, 2022 2021 Weighted-average remaining lease term - finance leases 26.9 years 27.3 years Weighted-average remaining lease term - operating leases 7.2 years 3.9 years Weighted-average discount rate - finance leases 4.0 % 4.8 % Weighted-average discount rate - operating leases 3.5 % 3.9 % (1) Sublease income excludes rental income from owned properties. Maturity of lease liabilities as of March 31, 2022 were as follows: Operating Finance Leases Leases 2022 $ 3,405 $ 20,099 2023 3,042 27,409 2024 1,577 24,311 2025 1,444 21,140 2026 1,465 21,472 Thereafter 6,523 536,643 Total lease payment 17,456 651,074 Less: imputed interest ( 2,126 ) ( 267,661 ) Total future minimum lease payments $ 15,330 $ 383,413

Content Production Assets, Net

Content Production Assets, Net	3 Months Ended
	Mar. 31, 2022
Content Production Assets, Net [Abstract]
Content Production Assets, Net	9. Content Production Assets, Net Content production assets consisted of the following: Predominantly Monetized Individually Predominantly Monetized as a Film Group As of As of March 31, December 31, March 31, December 31, 2022 2021 2022 2021 In release $ 6,905 $ 3,291 $ 32 $ 139 In production 8,585 9,581 199 627 In development 77 143 — — Total $ 15,567 $ 13,015 $ 231 $ 766 As of March 31, 2022, approximately 87 % of the “in release” content assets monetized individually are estimated to be amortized over the next three years . As of March 31, 2022, all of the “in release” content assets monetized as a film group are estimated to be amortized over the next 12 months. Amortization and impairment of content production assets consisted of the following: Three Months Ended March 31, 2022 2021 Content production amortization expense - assets monetized individually $ 8,105 $ 4,496 Content production amortization expense - assets monetized as a film group 1,622 1,298 Content production impairment charges (1) — — Content production development write-offs (2) 93 29 Total amortization and impairment of content production assets $ 9,820 $ 5,823 (1) Unamortized content production assets are evaluated for impairment whenever events or changes in circumstances indicate that the fair value of a film predominantly monetized on its own or a film group may be less than its unamortized costs. If conditions indicate a potential impairment, and the estimated future cash flows are not sufficient to recover the unamortized asset, the asset is written down to fair value. In addition, if we determine that content will not likely air, we will expense the remaining unamortized asset. (2) Capitalized script development costs are evaluated at each reporting period for impairment and to determine if a project is deemed to be abandoned. Amortization and impairment expenses related to content production assets are included in the Company’s Media segment, and as a component of Operating expenses on the Consolidated Statements of Operations. Costs to produce our live event programming are expensed immediately when the event is first broadcast and are not included in the content asset amortization amounts above.

Investment Securities And Short

Investment Securities And Short-Term Investments	3 Months Ended
	Mar. 31, 2022
Investment Securities And Short-Term Investments [Abstract]
Investment Securities And Short-Term Investments	10. Investment Securities and Short-Term Investments Investment Securities Included within Investment Securities are the following: As of March 31, December 31, 2022 2021 Nonmarketable equity investments without readily determinable fair values $ 11,618 $ 11,618 Total investment securities $ 11,618 $ 11,618 Nonmarketable Equity Investments Without Readily Determinable Fair Values We evaluate our nonmarketable equity investments without readily determinable fair values for impairment if factors indicate that a significant decrease in value has occurred. The Company has elected to use the measurement alternative to fair value that will allow these investments to be recorded at cost, less impairment, and adjusted for subsequent observable price changes. The Company did no t record any impairment charges on these investments during the three months ended March 31, 2022 and 2021. In addition, there were no observable price change events that were completed during the three months ended March 31, 2022 and 2021. Short-Term Investments Short-term investments consist of available-for-sale debt securities which are measured at fair value and consisted of the following: As of March 31, 2022 As of December 31, 2021 Gross Unrealized Gross Unrealized Amortized Fair Amortized Fair Cost Gain (Loss) Value Cost Gain (Loss) Value U.S. Treasury securities $ 190,552 $ — $ ( 901 ) $ 189,651 $ 90,278 $ — $ ( 57 ) $ 90,221 Corporate bonds 128,292 2 ( 1,251 ) 127,043 147,102 1 ( 269 ) 146,834 Government agency bonds 26,013 — ( 488 ) 25,525 44,026 1 ( 125 ) 43,902 Total $ 344,857 $ 2 $ ( 2,640 ) $ 342,219 $ 281,406 $ 2 $ ( 451 ) $ 280,957 The Company evaluates its individual available-for-sale debt securities that are in an unrealized loss position each reporting period and determines whether the decline in fair value below the amortized cost basis results from a credit loss or other factors. The amount of the decline related to credit losses are recorded as a credit loss expense in earnings with a corresponding allowance for credit losses and the amount of the decline not related to credit losses are recorded through other comprehensive income, net of tax. As of March 31, 2022 and 2021, the aggregate total amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value) was insignificant. We did not record an allowance for credit losses on these securities. Accordingly, during the three months ended March 31, 2022 and 2021, the entire amount of the decline in fair value below the amortized cost basis was recorded as an unrealized loss, net of tax, in other comprehensive loss in the Consolidated Statements of Comprehensive Income. Unrealized gains are also reflected, net of tax, as other comprehensive income (loss) in the Consolidated Statements of Comprehensive Income. Our U.S. Treasury securities, corporate bonds, municipal bonds and government agency bonds are included in Short-term investments, net on our Consolidated Balance Sheets. Realized gains and losses on investments are included in earnings and are derived using the specific identification method for determining the cost of securities sold. As of March 31, 2022, contractual remaining maturities of these securities are as follows: Maturities U.S. Treasury securities 1 month - 2 years Corporate bonds 1 month - 2 years Government agency bonds 5 months - 2 years During the three months ended March 31, 2022 and 2021, we recognized $ 263 and $ 87 , respectively, of interest income on our short-term investments. Interest income is reflected as a component of Other income (expense), net within our Consolidated Statements of Operations. The following table summarizes the short-term investment activity: Three Months Ended March 31, 2022 2021 Proceeds from sales and maturities of short-term investments $ 47,424 $ 22,842 Purchases of short-term investments $ 111,623 $ 52,405

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2022
Fair Value Measurement [Abstract]
Fair Value Measurement	11. Fair Value Measurement Fair value is determined based on the exchange price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. The accounting guidance establishes a three-level hierarchy that ranks the quality and reliability of information used in developing fair value estimates. The hierarchy gives the highest priority to quoted prices in active markets and the lowest priority to unobservable data. In cases where two or more levels of inputs are used to determine fair value, a financial instrument’s level is determined based on the lowest level input that is considered significant to the fair value measurement in its entirety. The three input levels of the fair value hierarchy are summarized as follows: Level 1- Observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2- Inputs other than quoted prices in active markets for similar assets and liabilities that are directly or indirectly observable; or Level 3- Unobservable inputs, such as discounted cash flow models or valuations, in which little or no market data exists. Certain financial instruments are carried at cost on the Consolidated Balance Sheets, which approximates fair value due to their short-term, highly liquid nature. The carrying amounts of cash and cash equivalents, money market accounts, accounts receivable, and accounts payable approximate fair value because of the short-term nature of such instruments. We have classified our investment in U.S. Treasury securities, corporate bonds, municipal bonds and government agency bonds, which collectively are investments in available-for-sale debt securities, within Level 2, as their valuation requires quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and/or model-based valuation techniques for which all significant inputs are observable in the market or can be corroborated by observable market data. The U.S. Treasury securities, corporate bonds, municipal bonds and government agency bonds are valued based on model-driven valuations. A third-party service provider assists the Company with compiling market prices from a variety of industry standard data sources, security master files from large financial institutions and other third-party sources that are used to value our corporate bond, U.S. Treasury securities, municipal bond and government agency bond investments. The Company did no t have any transfers between Level 1, Level 2, and Level 3 fair value investments during the periods presented. The fair value measurements of our equity investments without readily determinable fair values and our equity method investments are classified within Level 3 as significant unobservable inputs are used as part of the determination of fair value. Significant unobservable inputs may include variables such as near-term prospects of the investees, recent financing activities of the investees, and the investees' capital structure, as well as other economic variables, which reflect assumptions market participants would use in pricing these assets. For our equity investments without readily determinable fair values, the Company has elected to use the measurement alternative to fair value that will allow these investments to be recorded at cost, less impairment, and adjusted for subsequent observable price changes. The Company did no t record any impairment charges on our investment securities during the three months ended March 31, 2022 and 2021. The Company’s long-lived property and equipment and content production assets are required to be measured at fair value on a non-recurring basis if it is determined that indicators of impairment exist. These assets are recorded at fair value only when an impairment is recognized. The Company did no t record any impairment charges on long lived property and equipment during the three months ended March 31, 2022 and 2021. The Company classifies these assets as Level 3 within the fair value hierarchy due to significant unobservable inputs. The Company did no t record any impairment charges on content production assets during the three months ended March 31, 2022 and 2021. Refer to Note 9, Content Production Assets, Net , for further discussion. The Company classifies these assets as Level 3 within the fair value hierarchy due to significant unobservable inputs. The Company utilizes a discounted cash flows model to determine the fair value of content production assets where indicators of impairment exist. The fair value of the Company’s debt, consisting of a mortgage loan assumed in connection with a building purchase, is estimated based upon quoted price estimates for similar debt arrangements. At March 31, 2022, the carrying amount of the mortgage loan approximates its fair value. The convertible debt is not marked to fair value at the end of each reporting period, but instead is reported at amortized cost. As of March 31, 2022 and December 31, 2021, the calculation of the fair value of the debt component of the Company’s convertible debt required the use of Level 3 inputs, and was determined by calculating the fair value of similar debt without the associated conversion feature based on market conditions at that time: March 31, 2022 December 31, 2021 Fair Value Carrying Value (1) Fair Value Carrying Value (1) Convertible senior notes $ 207,739 $ 215,000 $ 210,076 $ 203,032 (1) Upon adoption of ASU 2020-06 on January 1, 2022, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note as of March 31, 2022. As of December 31, 2021, prior to the adoption of ASU 2020-06, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note less unamortized debt discount.

Accounts Payable And Accrued Ex

Accounts Payable And Accrued Expenses	3 Months Ended
	Mar. 31, 2022
Accounts Payable And Accrued Expenses [Abstract]
Accounts Payable And Accrued Expenses	12. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consisted of the following: As of March 31, December 31, 2022 2021 Trade related $ 20,692 $ 11,150 Staff related 16,481 15,558 Management incentive compensation 7,269 30,604 Talent related 7,320 4,428 Accrued WWE Network related expenses 6,481 10,950 Accrued event and television production 11,388 9,687 Accrued legal and professional (1) 6,543 7,706 Accrued purchases of property and equipment 21,352 22,207 Accrued income taxes (2) 1,733 — Accrued other 13,562 10,426 Total $ 112,821 $ 122,716 (1) Accrued legal and professional as of March 31, 2022 and December 31, 2021 include certain amounts of $ 1,700 and $ 2,200 , respectively, to be paid by the Company’s principal stockholder (see Note 20, Revision of Previously Issued Unaudited Interim Consolidated Financial Information , for further information). (2) At December 31, 2021, income taxes has a refundable balance of $ 7,156 and was included in Prepaid expenses and other current assets on our Consolidated Balance Sheets. Accrued other includes accruals for our international and licensing business activities, as well as other miscellaneous accruals, none of which categories individually exceeds 5 % of current liabilities.

Convertible Debt

Convertible Debt	3 Months Ended
	Mar. 31, 2022
Convertible Debt [Abstract]
Convertible Debt	13. Convertible Debt In December 2016 and January 2017, we issued $ 215,000 aggregate principal amount of 3.375 % convertible senior notes due 2023 (the “Convertible Notes”). The Convertible Notes are due December 15, 2023 , unless earlier repurchased by us or converted. Interest is payable semi-annually in arrears on June 15 and December 15 of each year, beginning on June 15, 2017. The Convertible Notes are governed by an Indenture between us, as issuer, and U.S. Bank, National Association, as trustee. The Convertible Notes will be our general unsecured obligations and will rank senior in right of payment to any of our indebtedness that is expressly subordinated in right of payment to the Convertible Notes; equal in right of payment to any of our unsecured indebtedness that is not so subordinated; effectively junior in right of payment to any of our secured indebtedness to the extent of the value of the assets securing such indebtedness; and structurally junior to all indebtedness and other liabilities (including trade payables) of our subsidiaries. In the event of our bankruptcy, liquidation, reorganization or other winding up, our assets that secure secured debt will be available to pay obligations on the Convertible Notes only after all indebtedness under such secured debt has been repaid in full from such assets. Upon conversion of the Convertible Notes, we will pay or deliver, as the case may be, cash, shares of our Class A common stock or a combination of cash and shares of Class A common stock, at our election, at a conversion rate of approximately 40.1405 shares of common stock per $1 principal amount of the Convertible Notes, which corresponds to an initial conversion price of approximately $ 24.91 per share of our Class A common stock. At any time, prior to the close on the business day immediately preceding June 15, 2023, the Convertible Notes will be convertible under the following circumstances: a) During any calendar quarter beginning after the calendar quarter ending on December 31, 2016 (and only during such calendar quarter), if the last reported sale price of our Class A common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding quarter is greater than or equal to 130 % of the conversion price on each applicable trading day; b) During the 5 business day period after any 10 consecutive trading day period (the “measurement period”) in which the trading price per $1 principal amount of Convertible Notes for each trading day of the measurement period was less than 98 % of the product of the last reported sale price of our Class A common stock and the conversion rate on each such trading day; c) Upon the occurrence of specified corporate events; or d) On or after June 15, 2023 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their Convertible Notes, in multiples of $1 principal amount, at the option of the holder regardless of the foregoing circumstances. Pursuant to item (a) noted above, the Convertible Notes have been convertible since April 1, 2018, and holders of the Convertible Notes have the right to convert their notes at any time through at least June 30, 2022. As of March 31, 2022, since the Convertible Notes are convertible at the option of the holders, the Convertible Notes are reflected in current liabilities on our Consolidated Balance Sheet. As of March 31, 2022, no actual conversions have occurred to date. See Note 5, Earnings Per Share , for a description of the dilutive nature of the Convertible Notes. In accounting for the issuance of the Convertible Notes, prior to the adoption of ASU 2020-06 on January 1, 2022, we allocated the gross proceeds of the Convertible Notes between the liability and equity components under the cash conversion feature model under prior accounting rules in US GAAP (ASC 470-20). The carrying amount of the liability component was calculated by measuring the fair value of a similar debt instrument without the associated convertible feature. The carrying amount of the equity component, representing the conversion option, was $ 36,657 and was determined by deducting the fair value of the liability component from the $ 215,000 par value of the Convertible Notes. The equity component was not re-measured as long as it continued to meet the conditions for equity classification. The excess of the principal amount of the liability component over its carrying amount (i.e., the debt discount) was amortized to interest expense using the effective interest method with an effective interest rate of 6.4 % per annum. Upon adoption of ASU 2020-06 on January 1, 2022, we reversed the separation of the debt and equity components and accounted for the Convertible Notes wholly as debt. We also reversed the amortization of the debt discount, with a cumulative effect adjustment to retained earnings (accumulated deficit) on the adoption date. Prior to the adoption of ASU 2020-06, debt issuance costs attributable to the liability component of $ 5,454 was being amortized to interest expense using the effective interest method and debt issuance costs attributable to the equity component of $ 1,110 were netted with the $ 36,657 equity component in stockholders’ equity. Upon adoption of ASU 2020-06 on January 1, 2022, we reversed the $ 1,110 of debt issuance costs attributable to the equity component and will account for the entire amount as debt issuance costs that will be amortized as interest expense using the effective interest method, with a cumulative effect adjustment to retained earnings (accumulated deficit) on the adoption date. Refer to Note 2, Significant Accounting Policies – Recent Accounting Pronouncements , for further information regarding the adoption of ASU 2020-06. The Convertible Notes consisted of the following components: As of March 31, December 31, 2022 2021 Debt component : Principal $ 215,000 $ 215,000 Less: Unamortized debt discount (1) — ( 11,968 ) Less: Unamortized debt issuance costs (2) ( 1,604 ) ( 1,939 ) Net carrying amount $ 213,396 $ 201,093 Equity component (3) $ — $ 35,547 (1) The debt discount associated with the Convertible Notes was derecognized upon adoption of ASU 2020-06 on January 1, 2022. (2) Unamortized debt issuance costs as of March 31, 2022 reflects the adoption impact from ASU 2020-06 described above. (3) The equity component of the Convertible Notes, net of deferred income taxes, was derecognized upon adoption of ASU 2020-06 on January 1, 2022. The following table sets forth total interest expense recognized related to the Convertible Notes: Three Months Ended March 31, 2022 2021 3.375 % contractual coupon $ 1,814 $ 1,814 Amortization of debt discount (1) — 1,356 Amortization of debt issuance costs 235 205 Interest expense $ 2,049 $ 3,375 (1) The Company adopted ASU 2020-06 during the first quarter of 2022 using the modified retrospective method. Prior year reports amounts were not revised and are presented in accordance with accounting rules prior to the adoption of ASU 2020-06. Convertible Note Hedge In connection with the pricing of the Convertible Notes in December 2016 and January 2017, we entered into convertible note hedge transactions with respect to our Class A common stock (the “Note Hedge”). The Note Hedge transactions cover approximately 8.63 million shares of our Class A common stock and are exercisable upon conversion of the Convertible Notes. The Note Hedge will expire on December 15, 2023, unless earlier terminated. The Note Hedge transactions have been accounted for as part of additional paid-in capital. Warrant Transactions In connection with entering into the Note Hedge transactions described above, we also concurrently entered into separate warrant transactions (the “Warrants”), to sell warrants to acquire approximately 8.63 million shares of our Class A common stock in connection with the Note Hedge transactions at an initial strike price of approximately $ 31.89 per share, which represents a premium of approximately 60.0 % over the last reported sale price of our Class A common stock of $ 19.93 on December 12, 2016 (initial issuance date of the Convertible Notes). The Warrants transactions have been accounted for as part of additional paid-in capital.

Long-Term Debt And Credit Facil

Long-Term Debt And Credit Facility	3 Months Ended
	Mar. 31, 2022
Long-Term Debt And Credit Facility [Abstract]
Long-Term Debt And Credit Facility	14. Long-Term Debt and Credit Facility Included within Long-Term Debt are the following: As of March 31, December 31, 2022 2021 Current portion of long-term debt : Mortgage $ 435 $ 430 Total current portion of long-term debt $ 435 $ 430 Long-term debt : Mortgage $ 21,173 $ 21,284 Total long-term debt $ 21,173 $ 21,284 Total $ 21,608 $ 21,714 Revolving Credit Facility In May 2019, the Company entered into an amended and restated $ 200,000 senior unsecured revolving credit facility with a syndicated group of banks, with JPMorgan Chase Bank, N.A. acting as Administrative Agent (the “Revolving Credit Facility”). The Revolving Credit Facility has a maturity date of May 24, 2024 . Applicable interest rates for the borrowings under the Revolving Credit Facility are based on the Company’s current consolidated leverage ratio. As of March 31, 2022, the LIBOR-based rate plus margin was 1.96 %, and the Company is required to pay a commitment fee calculated at a rate per annum of 0.15 % on the average daily unused portion of the Revolving Credit Facility. Under the terms of the Revolving Credit Facility, the Company is subject to certain financial covenants and restrictions, including restrictions on our ability to pay dividends and limitations with respect to our indebtedness, liens, mergers and acquisitions, dispositions of assets, investments, capital expenditures and transactions with affiliates. As of March 31, 2022, the Company was in compliance with the terms of the Revolving Credit Facility and had available debt capacity under the Revolving Credit Facility of $ 200,000 . As of March 31, 2022 and December 31, 2021, there were no amounts outstanding under the Revolving Credit Facility. Mortgage In September 2016, the Company acquired real property and assumed future obligations under a loan agreement, dated June 8, 2015, in the principal amount of $ 23,000 , which loan is secured by a mortgage on the property. The loan bears interest at the rate of 4.50 % per annum and requires monthly interest only payments of $ 86 until June 2018 and interest and principal payments of $ 117 per month thereafter, with a balloon payment upon maturity on July 5, 2025 . There is a significant yield maintenance premium for prepayments. Pursuant to the loan agreement, since the assets of WWE Real Estate, a subsidiary of the Company, represent collateral for the underlying mortgage, these assets will not be available to satisfy debts and obligations due to any other creditors of the Company.

Concentration Of Credit Risk

Concentration Of Credit Risk	3 Months Ended
	Mar. 31, 2022
Concentration Of Credit Risk [Abstract]
Concentration Of Credit Risk	15. Concentration of Credit Risk We continually monitor our position with, and the credit quality of, the financial institutions that are counterparties to our financial instruments. Our accounts receivable relates principally to a limited number of distributors, including WWE Network, television, and premium live event programming distributors, and licensees. We closely monitor the status of receivables with these customers and maintain allowances for anticipated losses as deemed appropriate. We believe credit risk with respect to accounts receivable is limited due to the generally high credit quality of the Company’s major customers. At March 31, 2022 our two largest receivable balances from customers were 40 % and 26 % of our gross accounts receivable. At December 31, 2021, our two largest receivable balances from customers were 38 % and 26 % of our gross accounts receivable. No other customers individually exceeded 10% of our gross accounts receivable balance.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Taxes [Abstract]
Income Taxes	16. Income Taxes As of March 31, 2022 and December 31, 2021, we had $ 16,745 and $ 13,100 , respectively, of deferred income tax assets, net, included in our Consolidated Balance Sheets. The Company considers all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is required to reduce the net deferred tax assets to the amount that is more likely than not to be realized in future periods. The Company believes that based on past performance, expected future taxable income and prudent and feasible tax planning strategies, it is more likely than not that the net deferred tax assets will be realized. Changes in these factors may cause us to increase our valuation allowance on deferred tax assets, which would impact our income tax expense in the period we determine that these factors have changed.

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments And Contingencies [Abstract]
Commitments And Contingencies	17. Commitments and Contingencies Our future commitments related to our operating and finance leases are separately disclosed in Note 8, Leases . Legal Proceedings On January 11, 2022, a complaint was filed against the Company by MLW Media LLC (“MLW”) alleging that the Company supposedly interfered with MLW’s contractual relationship with Tubi, a streaming service owned by Fox Corp., and MLW’s prospective economic advantage with respect to its relationship with VICE TV, and supposedly engaged in unfair business practices in violation of the Sherman Antitrust Act and California law. Such supposedly unfair business practices are alleged to include cutting off competitors’ access to viewers and licensing opportunities, interfering with contracts, poaching talent, eliminating price competition, and misappropriating and attempting to misappropriate confidential information of its competitors. On March 15, 2022, the Company moved to dismiss all claims asserted in the compliant. MLW filed its response to the Company’s motion to dismiss on April 22, 2022. The Company believes that all claims in the lawsuit are without merit and intends to defend itself vigorously against them. As previously announced, a special committee of independent members of the Board of Directors (the “Special Committee”) was formed to investigate alleged misconduct by the Company’s former Chairman and Chief Executive Officer, Vincent K. McMahon. Mr. McMahon resigned from all positions held with the Company on July 22, 2022 but remains a stockholder with a controlling interest. The Company has received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. The Special Committee investigation is substantially complete. In addition to the foregoing, from time to time we become a party to other lawsuits and claims. By its nature, the outcome of litigation is not known, but the Company does not currently expect this ordinary course litigation to have a material adverse effect on our financial condition, results of operations or liquidity.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity [Abstract]
Stockholders' Equity	18. Stockholders’ Equity Stock Repurchase Program In February 2019, the Company’s Board of Directors authorized a stock repurchase program of up to $ 500,000 of our common stock. Repurchases may be made from time to time at management’s discretion subject to certain pre-approved parameters and in accordance with all applicable securities and other laws and regulations. The stock repurchase program does not obligate the Company to repurchase any minimum dollar amount or number of shares and may be modified, suspended or discontinued at any time. During the three months ended March 31, 2022, the Company repurchased 524,498 shares of common stock in the open market at an average price of $ 57.21 for an aggregate amount of $ 30,006 . During the three months ended March 31, 2021, the Company repurchased 1,497,820 shares of common stock in the open market at an average price of $ 50.07 for an aggregate amount of $ 75,000 . As of March 31, 2022, $ 220,924 of common stock remained under the original stock repurchase program authorization. Stock repurchases are accounted for under the cost method. All shares repurchased to date have been retired by the Company with no unsettled share repurchases as of March 31, 2022. When the Company retires its own common stock, the excess of the repurchase price over par value is allocated between additional paid-in capital and retained earnings, with certain limitations. The portion allocated to additional paid-in capital is determined by applying a percentage, determined by dividing the number of shares to be retired by the number of shares issued and outstanding as of the retirement date, to the balance of additional paid-in capital as of the retirement date. Direct costs incurred to repurchase the common stock were not material and were expensed in the period incurred. For the three months ended March 31, 2022 and 2021, $ 25,085 and $ 61,360 , respectively, and $ 4,916 and $ 13,625 , respectively, was deducted from retained earnings and additional paid-in capital, respectively, related to the common stock shares retired. Stock issuances and other, net During the three months ended March 31, 2022 and 2021, stock issuances and other, net in our Consolidated Statements of Stockholders’ Equity include non-cash capital contributions of $ 2,200 and $ 1,200 , respectively, from our majority stockholder. These non-cash capital contributions represent amounts paid personally by Mr. McMahon, our majority stockholder, to certain counterparties. See Note 20, Revision of Previously Issued Unaudited Interim Consolidation Financial Information , for additional information.

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2022
Related Parties [Abstract]
Related Parties	19. Related Party Transactions Vincent K. McMahon, the Company’s former Chairman of the Board of Directors and Chief Executive Officer, who resigned from all positions held with the Company on July 22, 2022, controls a substantial majority of the voting power of the issued and outstanding shares of our common stock. Through the beneficial ownership of a substantial majority of our Class B common stock, Mr. McMahon can effectively exercise control over our affairs. See Note 20, Revision of Previously Issued Unaudited Interim Consolidated Financial Information , for a discussion of certain payments that Mr. McMahon agreed to make during the period 2006 through 2022 (including amounts paid and payable in the future) that were not appropriately recorded as expenses in the Company’s previously issued Consolidated Financial Statements.

Revision Of Previously Issued U

Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information	3 Months Ended
	Mar. 31, 2022
Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information [Abstract]
Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information	20. Revision of Previously Issued Unaudited Interim Consolidated Financial Information On June 17, 2022, the Company and its Board of Directors announced that a special committee of independent members of Company’s Board of Directors (the “Special Committee”) was formed to investigate alleged misconduct by the Company’s former Chairman and Chief Executive Officer, Vincent K. McMahon, who resigned from all positions held with the Company on July 22, 2022 but remains a stockholder with a controlling interest (“Mr. McMahon”), and another executive, who is also no longer with the Company. The findings of the investigation identified agreements executed by Mr. McMahon which were previously unknown to the Company. On July 25, 2022, the Company announced that it had determined that certain payments that Mr. McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future totaling $ 14,600 ), were not appropriately recorded as expenses in the Company’s Consolidated Financial Statements. The Company subsequently identified two additional payments totaling $ 5,000 , unrelated to the alleged misconduct by Mr. McMahon that led to the Special Committee investigation, that Mr. McMahon made in 2007 and 2009 that were not appropriately recorded in the Company’s Consolidated Financial Statements. Together, these unrecorded expenses total $ 19,600 (the “Unrecorded Expenses”). The Company has evaluated the Unrecorded Expenses and has determined that such amounts should have been recorded as expenses in each of the periods in which they became probable and estimable. All payments underlying the Unrecorded Expenses were or will be paid by Mr. McMahon personally. The Special Committee investigation is substantially complete. The Company evaluated the relevant guidance associated with the Unrecorded Expenses and concluded that these amounts should have been recognized by the Company as expenses in each of the periods in which they became probable and estimable in accordance with the SEC’s Staff Accounting Bulletin Topic 5T, Miscellaneous Accounting, Accounting for Expenses or Liabilities Paid by Principal Stockholders (“Topic 5T”). As a result, the Company concluded its previously reported operating income and net income for the fiscal year ended December 31, 2021 was overstated by $ 3,000 , respectively, and the Company’s previously reported beginning accumulated deficit as of January 1, 2019 was overstated by $ 16,600 , for which the latter amount represents the aggregate impact of the Unrecorded Expenses on the Company’s previously reported operating income and net income between fiscal years 2006 and 2018. As prescribed by Topic 5T, the corresponding impact of the Unrecorded Expenses resulted in an understatement of the Company’s previously reported additional paid-in-capital of $ 9,100 , $ 10,600 , $ 11,800 , $ 13,000 , and $ 15,200 as of January 1, 2019, December 31, 2019, 2020, and 2021, and March 31, 2022, respectively, and an understatement of total liabilities, which represents the amounts that remained payable by Mr. McMahon, of $ 7,500 , $ 6,000 , $ 4,800 , $ 6,600 , and $ 4,400 as of January 1, 2019, December 31, 2019, 2020, and 2021, and March 31, 2022, respectively. Notwithstanding the foregoing accounting framework required by Topic 5T for the Unrecorded Expenses, all of the payments underlying the Unrecorded Expenses were or will be paid by Mr. McMahon personally. The impact of the Unrecorded Expenses on the Company’s previously reported income taxes was inconsequential. Based on management’s evaluation of the Unrecorded Expenses in consideration of the SEC Staff’s Accounting Bulletins Nos. 99 (“SAB 99”) and 108 (“SAB 108”) and interpretations therewith, the Company concluded that the impact of the Unrecorded Expenses is not material, on an individual or aggregate basis, to the Company’s previously reported consolidated financial statements included in the Company’s previously filed Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the “Original Annual Filing”) and the previously filed Quarterly Reports on Form 10-Q for the interim periods ended March 31, 2022, September 30, 2021, and June 30, 2021, respectively. However, the Company further concluded that the Unrecorded Expenses cannot be corrected as an out-of-period adjustment in the Company’s current period unaudited interim consolidated financial information as of and for the three and six months ended June 30, 2022 included in its Quarterly Report on Form 10-Q for the interim period ended June 30, 2022, because to do so would cause a material misstatement in those financial statements. Therefore, the Company referred to the guidance prescribed by SAB 108 which specifies that immaterial errors must be corrected the next time previously reported financial statements are filed. In this regard, the Company concluded that its previously reported internal control certification in Item 9A of the Original Annual Filing and Item 4 of the Original Filing was required to be amended to report the existence of certain material weaknesses in the Company’s internal controls over financial reporting as a result of the Unrecorded Expenses and, as such, the Company further concluded that the Unrecorded Expenses were required to be immaterially revised as part of the Company’s amendment of the Original Annual Filing and the Original Filing. Accordingly, the Company has corrected the Unrecorded Expenses in the accompanying unaudited interim consolidated financial information as of March 31, 2022 and December 31, 2021 and for the three-month periods ended March 31, 2022 and 2021 and related notes hereto as an immaterial revision of this unaudited interim consolidated financial information. The following tables present the impact of correcting the Unrecorded Expenses in the Company’s previously issued unaudited interim consolidated financial information: Consolidated Balance Sheet Information As of March 31, 2022 As of December 31, 2021 As Previously Issued Adjustment As Revised As Previously Issued Adjustment As Revised Accounts payable and accrued expenses $ 111,121 $ 1,700 $ 112,821 $ 120,516 $ 2,200 $ 122,716 Total current liabilities $ 425,147 $ 1,700 $ 426,847 $ 413,617 $ 2,200 $ 415,817 Other non-current liabilities $ 10,689 $ 2,700 $ 13,389 $ 8,162 $ 4,400 $ 12,562 Total liabilities $ 839,504 $ 4,400 $ 843,904 $ 822,807 $ 6,600 $ 829,407 Additional paid-in capital $ 386,562 $ 15,200 $ 401,762 $ 409,884 $ 13,000 $ 422,884 Retained earnings (accumulated deficit) $ 17,841 $ ( 19,600 ) $ ( 1,759 ) $ ( 31,793 ) $ ( 19,600 ) $ ( 51,393 ) Total stockholders' equity $ 405,844 $ ( 4,400 ) $ 401,444 $ 381,260 $ ( 6,600 ) $ 374,660 Consolidated Statement of Stockholders' Equity Information For the Three Months Ended March 31, 2022 For the Three Months Ended March 31, 2021 As Previously Issued Adjustment As Revised As Previously Issued Adjustment As Revised Additional paid-in capital, beginning of period $ 409,884 $ 13,000 $ 422,884 $ 424,758 $ 11,800 $ 436,558 Retained earnings (accumulated deficit), beginning of period $ ( 31,793 ) $ ( 19,600 ) $ ( 51,393 ) $ ( 39,727 ) $ ( 16,600 ) $ ( 56,327 ) Stock issuances and other, net $ 1,239 $ 2,200 $ 3,439 $ 1,963 $ 1,200 $ 3,163 Additional paid-in capital, end of period $ 386,562 $ 15,200 $ 401,762 $ 420,014 $ 13,000 $ 433,014 Retained earnings (accumulated deficit), beginning of period $ 17,841 $ ( 19,600 ) $ ( 1,759 ) $ ( 66,415 ) $ ( 16,600 ) $ ( 83,015 )

Basis Of Presentation And Bus_2

Basis Of Presentation And Business Description	3 Months Ended
	Mar. 31, 2022
Basis Of Presentation And Business Description [Abstract]
Basis Of Consolidation	The accompanying Consolidated Financial Statements include the accounts of WWE. “WWE” refers to World Wrestling Entertainment, Inc. and its subsidiaries, unless the context otherwise requires. References to “we,” “us,” “our” and the “Company” refer to WWE
Basis Of Presentation	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Significant Accounting Polici_2

Significant Accounting Policies (Policy)	3 Months Ended
	Mar. 31, 2022
Significant Accounting Policies [Abstract]
Operating Expenses	Operating Expenses Operating expenses consist of our production costs associated with developing our content, venue rental and related costs associated with the staging of our live events, compensation costs for our talent, material and related costs associated with our consumer product merchandise sales, and costs associated with operating WWE Network. In addition, operating expenses include the operating costs associated with talent development, data analytics, data engineering, business strategy and real estate and facilities functions. Included within Operating expenses are the following: Three Months Ended March 31, 2022 2021 Amortization and impairment of content production assets $ 9,820 $ 5,823 Depreciation and amortization of WWE Network content delivery and technology assets 2,176 1,724 Amortization of right-of-use assets - finance leases of equipment 2,222 2,385 Depreciation on equipment used directly to support operations 166 147 Total depreciation and amortization included in operating expenses $ 14,384 $ 10,079 Costs to produce our live event programming are expensed when the event is first broadcast, and are not included in the amortization table noted above. These costs include production-related costs, such as lighting, pyrotechnics and staging, associated with our weekly, in-ring televised programming as well as our premium live events, which are included as a component of our Media segment operating expenses. We also incur event-related costs, such as venue rental, security and travel, associated with our premium live events as well as our televised and non-televised events, which are included as a component of our Live Events segment operating expenses. Talent-related costs primarily associated with our premium live events and televised programming are included within our Media segment, while talent-related costs associated with our non-televised events are included within our Live Events segment.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2020, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (ASU 2020-06). The new guidance eliminates two of the three models in ASC 470-20, Debt with Conversion and Other Options , that require separating embedded conversion features from convertible instruments. Specifically, the ASU removes the separation models for convertible debt with a cash conversion feature or convertible instruments with a beneficial conversion feature. The Company's existing 3.375 % convertible senior notes due December 2023 ("Convertible Notes") are currently accounted for under the cash conversion feature model, which is one of the models being eliminated. As a result, after adopting the new guidance, the Company will no longer separately present in equity an embedded conversion feature of such debt. Instead, the Company will account for a convertible debt instrument wholly as debt unless (i) a convertible debt instrument contains features that require bifurcation as a derivative or (ii) a convertible debt instrument was issued at a substantial premium. Additionally, the ASU revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments (e.g., warrants) and embedded features (e.g., conversion features) that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification. The new guidance also requires the use of the if-converted method when calculating diluted earnings per share (“EPS”) for convertible instruments and the treasury stock method should no longer be used. Under the new guidance, convertible instruments that may be settled in cash or shares (e.g., the Company’s Convertible Notes) are to be included in the calculation of diluted EPS if the effect is more dilutive, with no option for rebutting the presumption of share settlement based on stated policy or past experience. The ASU is effective for fiscal years beginning after December 15, 2021 (fiscal year 2022 for the Company) and can be adopted on either a fully retrospective or modified retrospective basis. The Company adopted the ASU effective January 1, 2022 under the modified retrospective approach. The cumulative effect of the change was recognized as an adjustment to the opening balance of retained earnings (accumulated deficit) at the date of adoption. The comparative information has not been restated and continues to be presented according to accounting standards in effect for those periods. As a result of the adoption, the Company’s Convertible Notes are no longer bifurcated into a separate liability and equity component in the March 31, 2022 consolidated balance sheet. Rather, the Convertible Notes are presented as a single liability at amortized cost, net of unamortized debt issuance costs, on the March 31, 2022 consolidated balance sheet. Upon adoption of the ASU, the Company recorded a net increase of $ 12,068 to the Convertible Notes liability component, a $ 26,383 net decrease to the equity component (additional paid-in capital) and a net increase of $ 17,609 to retained earnings (accumulated deficit) for the cumulative effect of the adoption. The Company also recorded a net increase of $ 3,294 to deferred income tax assets. The adjustments were calculated based on the carrying amount of the Convertible Notes as if it had always been treated as a liability only. Furthermore, included in the above adjustments, are adjustments to the debt issuance costs contra-liability and equity (additional paid-in capital) components under the same premise (i.e., as if the total amount of debt issuance costs had always been treated as a contra-liability only). Lastly, the Company derecognized deferred income taxes associated with the Convertible Notes debt discount and adjusted deferred income taxes relative to unamortized debt issuance costs associated with the Convertible Notes. The Company also expects lower interest expense related to the Convertible Notes that will be recognized in future periods subsequent to adoption as a result of accounting for the Convertible Notes as a single liability measured at amortized cost. The following table summarizes the impact of the adoption of ASU 2020-06 on the Company’s opening consolidated balance sheet on January 1, 2022: December 31, 2021 ASU 2020-06 January 1, 2022 As Reported Adoption Impact As Adjusted Consolidated Balance Sheet line item : Deferred income tax assets, net $ 13,100 $ 3,294 $ 16,394 Convertible debt (1) $ 201,093 $ 12,068 $ 213,161 Additional paid-in-capital (conversion feature, net of tax) $ 422,884 $ ( 26,383 ) $ 396,501 Accumulated deficit (cumulative effect adjustment, net of tax) $ ( 51,393 ) $ 17,609 $ ( 33,784 ) (1) Prior to adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt discount and unamortized debt issuance costs. After adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt issuance costs.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2022
Significant Accounting Policies [Abstract]
Schedule Of Operating Expenses	Three Months Ended March 31, 2022 2021 Amortization and impairment of content production assets $ 9,820 $ 5,823 Depreciation and amortization of WWE Network content delivery and technology assets 2,176 1,724 Amortization of right-of-use assets - finance leases of equipment 2,222 2,385 Depreciation on equipment used directly to support operations 166 147 Total depreciation and amortization included in operating expenses $ 14,384 $ 10,079
Schedule Of Impact On Adoption Of ASU 2020-06 On Opening Consolidated Balance Sheet	December 31, 2021 ASU 2020-06 January 1, 2022 As Reported Adoption Impact As Adjusted Consolidated Balance Sheet line item : Deferred income tax assets, net $ 13,100 $ 3,294 $ 16,394 Convertible debt (1) $ 201,093 $ 12,068 $ 213,161 Additional paid-in-capital (conversion feature, net of tax) $ 422,884 $ ( 26,383 ) $ 396,501 Accumulated deficit (cumulative effect adjustment, net of tax) $ ( 51,393 ) $ 17,609 $ ( 33,784 ) (1) Prior to adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt discount and unamortized debt issuance costs. After adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt issuance costs.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Information [Abstract]
Summary Of Financial Information For Reportable Segments	Three Months Ended March 31, 2022 2021 Net revenues: Media $ 278,119 $ 242,027 Live Events 23,101 472 Consumer Products 32,228 21,025 Total net revenues $ 333,448 $ 263,524 Adjusted OIBDA: Media $ 128,217 $ 106,599 Live Events 2,814 ( 4,308 ) Consumer Products 11,873 6,670 Corporate ( 31,170 ) ( 25,083 ) Total Adjusted OIBDA $ 111,734 $ 83,878
Reconciliation Of Total Operating Income To Total Adjusted OIBDA	Three Months Ended March 31, 2022 2021 Total operating income $ 92,409 $ 65,056 Depreciation and amortization 9,707 10,842 Stock-based compensation 9,618 7,980 Other adjustments — — Total Adjusted OIBDA $ 111,734 $ 83,878

Revenues (Tables)

Revenues (Tables)	3 Months Ended
	Mar. 31, 2022
Revenues [Abstract]
Schedule Of Revenues Disaggregated By Source	Three Months Ended March 31, 2022 2021 Net revenues: Media Segment : Network (including pay-per-view) (1) $ 56,335 $ 79,392 Core content rights fees (2) 141,523 139,739 Advertising and sponsorships (3) 19,767 15,596 Other (4) 60,494 7,300 Total Media Segment net revenues 278,119 242,027 Live Events Segment : North American ticket sales 19,888 — International ticket sales — — Advertising and sponsorships (5) 1,145 — Other (6) 2,068 472 Total Live Events Segment net revenues 23,101 472 Consumer Products Segment : Consumer product licensing 20,006 11,039 eCommerce 7,717 9,986 Venue merchandise 4,505 — Total Consumer Products Segment net revenues 32,228 21,025 Total net revenues $ 333,448 $ 263,524 (1) Network revenues consist primarily of license fees associated with the domestic distribution of WWE Network content to NBCU (effective March 18, 2021), as well as subscription fees from customers of WWE Network and license fees associated with our international licensed partner agreements. Network revenues for the three months ended March 31, 2021 include the upfront revenue recognition related to the delivery of certain WWE Network intellectual property rights. (2) Core content rights fees consist primarily of licensing revenues from the distribution of our flagship programs, RAW and SmackDown , as well as our NXT programming, through global broadcast, pay television and digital platforms. (3) Advertising and sponsorships revenues within our Media segment consist primarily of advertising revenues from the Company’s content on third-party social media platforms and sponsorship fees from sponsors who promote their products utilizing the Company’s media platforms, including promotion on the Company’s digital websites and on-air promotional media spots. (4) Other revenues within our Media segment reflect revenues earned from the distribution of other WWE content, including, but not limited to, certain live in-ring programming content in international markets, scripted, reality and other programming, as well as theatrical and direct-to-home video releases. (5) Advertising and sponsorships revenues within our Live Events segment primarily consists of fees from advertisers and sponsors who promote their products utilizing the Company’s live events (i.e., presenting sponsor of fan engagement events and advertising signage at the event). (6) Other revenues within our Live Events segment primarily consists of the sale of travel packages associated with the Company’s global live events, as well as revenues from events for which the Company receives a fixed fee.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule Of Basic And Diluted Earnings Per Share	Three Months Ended March 31, 2022 2021 Net income for basic earnings per share $ 66,041 $ 43,832 Effect of potentially diluted shares: Interest expense related to the Convertible Notes (1) 1,566 — Net income for diluted earnings per share $ 67,607 $ 43,832 Weighted average basic common shares outstanding 74,781 77,376 Dilutive effect of restricted and performance stock units 526 383 Dilutive effect of convertible debt instruments 12,266 7,925 Dilutive effect of employee share purchase plan 2 2 Weighted average dilutive common shares outstanding 87,575 85,686 Earnings per share: Basic $ 0.88 $ 0.57 Diluted $ 0.77 $ 0.51 Anti-dilutive shares (excluded from per-share calculations): Net shares received on purchased call of convertible debt hedge 4,728 4,536 (1) The Company adopted ASU 2020-06 effective January 1, 2022 under the modified retrospective approach. As such, f or purposes of calculating net income for diluted earnings per share, we have not made any adjustments for the three months ended March 31, 2021.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of RSU Activity	Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 300,003 $ 55.03 Granted 149,137 $ 51.77 Vested ( 1,474 ) $ 44.97 Forfeited ( 15,503 ) $ 52.51 Dividend equivalents 844 $ 53.99 Unvested at March 31, 2022 433,007 $ 54.00
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of PSU Activity	Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 433,267 $ 50.14 Granted 573,324 $ 62.44 Achievement adjustment 83,250 $ 47.81 Forfeited ( 10,667 ) $ 50.89 Dividend equivalents 732 $ 49.04 Unvested at March 31, 2022 1,079,906 $ 57.81
Performance Stock Units, Market Condition [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of PSU Activity	Units Weighted- Average Grant-Date Fair Value Unvested at January 1, 2022 47,736 $ 47.28 Granted — $ — Achievement adjustment 10,229 $ 47.30 Vested — $ — Forfeited — $ — Dividend equivalents — $ — Unvested at March 31, 2022 57,965 $ 47.30

Property And Equipment (Tables)

Property And Equipment (Tables)	3 Months Ended
	Mar. 31, 2022
Property And Equipment [Abstract]
Schedule Of Property And Equipment	As of March 31, December 31, 2022 2021 Land, buildings and improvements $ 154,679 $ 154,826 Equipment 153,780 148,193 Corporate aircraft 32,249 32,249 Vehicles 993 993 Projects in progress 63,522 49,660 405,223 385,921 Less: accumulated depreciation and amortization ( 221,430 ) ( 213,244 ) Total $ 183,793 $ 172,677

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Quantitative Information About Leases	Three Months Ended March 31, 2022 2021 Lease costs Finance lease costs: Amortization of right-of-use assets $ 4,671 $ 4,658 Interest on lease liabilities 3,804 4,706 Operating lease costs 1,172 1,518 Other short-term and variable lease costs 673 408 Sublease income (1) ( 26 ) — Total lease costs $ 10,294 $ 11,290 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 3,805 $ 2,763 Operating cash flows from operating leases $ 1,075 $ 1,328 Finance cash flows from finance leases $ 3,435 $ 2,723 Right-of-use assets obtained in exchange for new finance lease liabilities $ — $ 174 Right-of-use assets obtained in exchange for new operating lease liabilities $ 8,605 $ 3,457 As of March 31, 2022 2021 Weighted-average remaining lease term - finance leases 26.9 years 27.3 years Weighted-average remaining lease term - operating leases 7.2 years 3.9 years Weighted-average discount rate - finance leases 4.0 % 4.8 % Weighted-average discount rate - operating leases 3.5 % 3.9 % (1) Sublease income excludes rental income from owned properties.
Maturity Of Lease Liabilities	Operating Finance Leases Leases 2022 $ 3,405 $ 20,099 2023 3,042 27,409 2024 1,577 24,311 2025 1,444 21,140 2026 1,465 21,472 Thereafter 6,523 536,643 Total lease payment 17,456 651,074 Less: imputed interest ( 2,126 ) ( 267,661 ) Total future minimum lease payments $ 15,330 $ 383,413

Content Production Assets, Net

Content Production Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Content Production Assets, Net [Abstract]
Schedule Of Content Production Assets	Predominantly Monetized Individually Predominantly Monetized as a Film Group As of As of March 31, December 31, March 31, December 31, 2022 2021 2022 2021 In release $ 6,905 $ 3,291 $ 32 $ 139 In production 8,585 9,581 199 627 In development 77 143 — — Total $ 15,567 $ 13,015 $ 231 $ 766
Schedule Of Amortization And Impairment Of Content Production Assets	Three Months Ended March 31, 2022 2021 Content production amortization expense - assets monetized individually $ 8,105 $ 4,496 Content production amortization expense - assets monetized as a film group 1,622 1,298 Content production impairment charges (1) — — Content production development write-offs (2) 93 29 Total amortization and impairment of content production assets $ 9,820 $ 5,823 (1) Unamortized content production assets are evaluated for impairment whenever events or changes in circumstances indicate that the fair value of a film predominantly monetized on its own or a film group may be less than its unamortized costs. If conditions indicate a potential impairment, and the estimated future cash flows are not sufficient to recover the unamortized asset, the asset is written down to fair value. In addition, if we determine that content will not likely air, we will expense the remaining unamortized asset. (2) Capitalized script development costs are evaluated at each reporting period for impairment and to determine if a project is deemed to be abandoned.

Investment Securities And Sho_2

Investment Securities And Short-Term Investments (Tables)	3 Months Ended
	Mar. 31, 2022
Investment Securities And Short-Term Investments [Abstract]
Schedule Of Investment Securities	As of March 31, December 31, 2022 2021 Nonmarketable equity investments without readily determinable fair values $ 11,618 $ 11,618 Total investment securities $ 11,618 $ 11,618
Schedule Of Short-Term Investments Measured At Fair Value	As of March 31, 2022 As of December 31, 2021 Gross Unrealized Gross Unrealized Amortized Fair Amortized Fair Cost Gain (Loss) Value Cost Gain (Loss) Value U.S. Treasury securities $ 190,552 $ — $ ( 901 ) $ 189,651 $ 90,278 $ — $ ( 57 ) $ 90,221 Corporate bonds 128,292 2 ( 1,251 ) 127,043 147,102 1 ( 269 ) 146,834 Government agency bonds 26,013 — ( 488 ) 25,525 44,026 1 ( 125 ) 43,902 Total $ 344,857 $ 2 $ ( 2,640 ) $ 342,219 $ 281,406 $ 2 $ ( 451 ) $ 280,957
Schedule Of Contractual Maturities Of Short-Term Investment Bonds	Maturities U.S. Treasury securities 1 month - 2 years Corporate bonds 1 month - 2 years Government agency bonds 5 months - 2 years
Summary Of Short-Term Investment Activity	Three Months Ended March 31, 2022 2021 Proceeds from sales and maturities of short-term investments $ 47,424 $ 22,842 Purchases of short-term investments $ 111,623 $ 52,405

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Measurement [Abstract]
Schedule Of Fair Value Of Debt Instruments	March 31, 2022 December 31, 2021 Fair Value Carrying Value (1) Fair Value Carrying Value (1) Convertible senior notes $ 207,739 $ 215,000 $ 210,076 $ 203,032 (1) Upon adoption of ASU 2020-06 on January 1, 2022, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note as of March 31, 2022. As of December 31, 2021, prior to the adoption of ASU 2020-06, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note less unamortized debt discount.

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2022
Accounts Payable And Accrued Expenses [Abstract]
Schedule Of Accounts Payable And Accrued Expenses	As of March 31, December 31, 2022 2021 Trade related $ 20,692 $ 11,150 Staff related 16,481 15,558 Management incentive compensation 7,269 30,604 Talent related 7,320 4,428 Accrued WWE Network related expenses 6,481 10,950 Accrued event and television production 11,388 9,687 Accrued legal and professional (1) 6,543 7,706 Accrued purchases of property and equipment 21,352 22,207 Accrued income taxes (2) 1,733 — Accrued other 13,562 10,426 Total $ 112,821 $ 122,716 (1) Accrued legal and professional as of March 31, 2022 and December 31, 2021 include certain amounts of $ 1,700 and $ 2,200 , respectively, to be paid by the Company’s principal stockholder (see Note 20, Revision of Previously Issued Unaudited Interim Consolidated Financial Information , for further information). (2) At December 31, 2021, income taxes has a refundable balance of $ 7,156 and was included in Prepaid expenses and other current assets on our Consolidated Balance Sheets.

Convertible Debt (Tables)

Convertible Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Convertible Debt [Abstract]
Schedule Of Convertible Notes	As of March 31, December 31, 2022 2021 Debt component : Principal $ 215,000 $ 215,000 Less: Unamortized debt discount (1) — ( 11,968 ) Less: Unamortized debt issuance costs (2) ( 1,604 ) ( 1,939 ) Net carrying amount $ 213,396 $ 201,093 Equity component (3) $ — $ 35,547 (1) The debt discount associated with the Convertible Notes was derecognized upon adoption of ASU 2020-06 on January 1, 2022. (2) Unamortized debt issuance costs as of March 31, 2022 reflects the adoption impact from ASU 2020-06 described above. (3) The equity component of the Convertible Notes, net of deferred income taxes, was derecognized upon adoption of ASU 2020-06 on January 1, 2022.
Schedule Of Interest Expense Recognized	Three Months Ended March 31, 2022 2021 3.375 % contractual coupon $ 1,814 $ 1,814 Amortization of debt discount (1) — 1,356 Amortization of debt issuance costs 235 205 Interest expense $ 2,049 $ 3,375 (1) The Company adopted ASU 2020-06 during the first quarter of 2022 using the modified retrospective method. Prior year reports amounts were not revised and are presented in accordance with accounting rules prior to the adoption of ASU 2020-06.

Long-Term Debt And Credit Fac_2

Long-Term Debt And Credit Facility (Tables)	3 Months Ended
	Mar. 31, 2022
Long-Term Debt And Credit Facility [Abstract]
Schedule Of Debt	As of March 31, December 31, 2022 2021 Current portion of long-term debt : Mortgage $ 435 $ 430 Total current portion of long-term debt $ 435 $ 430 Long-term debt : Mortgage $ 21,173 $ 21,284 Total long-term debt $ 21,173 $ 21,284 Total $ 21,608 $ 21,714

Revision Of Previously Issued_2

Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information (Tables)	3 Months Ended
	Mar. 31, 2022
Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information [Abstract]
Schedule Of Effect Of Correcting Accounting Error Of Previously Issued Financial Statements	Consolidated Balance Sheet Information As of March 31, 2022 As of December 31, 2021 As Previously Issued Adjustment As Revised As Previously Issued Adjustment As Revised Accounts payable and accrued expenses $ 111,121 $ 1,700 $ 112,821 $ 120,516 $ 2,200 $ 122,716 Total current liabilities $ 425,147 $ 1,700 $ 426,847 $ 413,617 $ 2,200 $ 415,817 Other non-current liabilities $ 10,689 $ 2,700 $ 13,389 $ 8,162 $ 4,400 $ 12,562 Total liabilities $ 839,504 $ 4,400 $ 843,904 $ 822,807 $ 6,600 $ 829,407 Additional paid-in capital $ 386,562 $ 15,200 $ 401,762 $ 409,884 $ 13,000 $ 422,884 Retained earnings (accumulated deficit) $ 17,841 $ ( 19,600 ) $ ( 1,759 ) $ ( 31,793 ) $ ( 19,600 ) $ ( 51,393 ) Total stockholders' equity $ 405,844 $ ( 4,400 ) $ 401,444 $ 381,260 $ ( 6,600 ) $ 374,660 Consolidated Statement of Stockholders' Equity Information For the Three Months Ended March 31, 2022 For the Three Months Ended March 31, 2021 As Previously Issued Adjustment As Revised As Previously Issued Adjustment As Revised Additional paid-in capital, beginning of period $ 409,884 $ 13,000 $ 422,884 $ 424,758 $ 11,800 $ 436,558 Retained earnings (accumulated deficit), beginning of period $ ( 31,793 ) $ ( 19,600 ) $ ( 51,393 ) $ ( 39,727 ) $ ( 16,600 ) $ ( 56,327 ) Stock issuances and other, net $ 1,239 $ 2,200 $ 3,439 $ 1,963 $ 1,200 $ 3,163 Additional paid-in capital, end of period $ 386,562 $ 15,200 $ 401,762 $ 420,014 $ 13,000 $ 433,014 Retained earnings (accumulated deficit), beginning of period $ 17,841 $ ( 19,600 ) $ ( 1,759 ) $ ( 66,415 ) $ ( 16,600 ) $ ( 83,015 )

Significant Accounting Polici_4

Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in-capital (conversion feature, net of tax)		$ 401,762	$ 422,884
Accumulated deficit (cumulative effect adjustment, net of tax)		1,759	51,393
Deferred income tax assets, net		16,745	13,100
3.375% Convertible Notes [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Convertible debt		$ 213,396	201,093
Debt Instrument, Interest Rate, Stated Percentage		3.375%		3.375%
As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in-capital (conversion feature, net of tax)		$ 386,562	409,884
Accumulated deficit (cumulative effect adjustment, net of tax)		$ (17,841)	31,793
ASU 2020-06 [Member] | Convertible Notes [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Convertible debt	[1]		213,161
Additional paid-in-capital (conversion feature, net of tax)			396,501
Accumulated deficit (cumulative effect adjustment, net of tax)			(33,784)
Deferred income tax assets, net			16,394
ASU 2020-06 [Member] | As Reported [Member] | Convertible Notes [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Convertible debt	[1]		201,093
Additional paid-in-capital (conversion feature, net of tax)			422,884
Accumulated deficit (cumulative effect adjustment, net of tax)			(51,393)
Deferred income tax assets, net			13,100
ASU 2020-06 [Member] | Adoption Impact [Member] | Convertible Notes [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Convertible debt	[1]		12,068
Additional paid-in-capital (conversion feature, net of tax)			(26,383)
Accumulated deficit (cumulative effect adjustment, net of tax)			17,609
Deferred income tax assets, net			$ 3,294
[1] Prior to adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt discount and unamortized debt issuance costs. After adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt issuance costs.

Significant Accounting Polici_5

Significant Accounting Policies (Schedule Of Operating Expenses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Expenses [Line Items]
Amortization and impairment of content production assets	$ 9,820	$ 5,823
Depreciation and amortization of WWE Network content delivery and technology assets	2,176	1,724
Amortization of right-of-use assets - finance leases of equipment	4,671	4,658
Depreciation on equipment used directly to support operations	166	147
Total depreciation and amortization included in operating expenses	14,384	10,079
Equipment
Operating Expenses [Line Items]
Amortization of right-of-use assets - finance leases of equipment	$ 2,222	$ 2,385

Significant Accounting Polici_6

Significant Accounting Policies (Schedule Of Impact On Adoption Of ASU 2020-06 On Opening Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Deferred income tax assets, net		$ 16,745	$ 13,100
Additional paid-in-capital (conversion feature, net of tax)		401,762	422,884
Accumulated deficit (cumulative effect adjustment, net of tax)		1,759	51,393
As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in-capital (conversion feature, net of tax)		386,562	409,884
Accumulated deficit (cumulative effect adjustment, net of tax)		$ (17,841)	31,793
ASU 2020-06 [Member] | Convertible Notes [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Deferred income tax assets, net			16,394
Convertible debt	[1]		213,161
Additional paid-in-capital (conversion feature, net of tax)			396,501
Accumulated deficit (cumulative effect adjustment, net of tax)			(33,784)
ASU 2020-06 [Member] | Convertible Notes [Member] | As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Deferred income tax assets, net			13,100
Convertible debt	[1]		201,093
Additional paid-in-capital (conversion feature, net of tax)			422,884
Accumulated deficit (cumulative effect adjustment, net of tax)			(51,393)
ASU 2020-06 [Member] | Convertible Notes [Member] | Adoption Impact [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Deferred income tax assets, net			3,294
Convertible debt	[1]		12,068
Additional paid-in-capital (conversion feature, net of tax)			(26,383)
Accumulated deficit (cumulative effect adjustment, net of tax)			$ 17,609
[1] Prior to adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt discount and unamortized debt issuance costs. After adoption, the carrying value of the Convertible Debt represents the principal amount less the unamortized debt issuance costs.

Segment Information (Narrative)

Segment Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2022 segment
Segment Information [Abstract]
Number of reportable segments	3

Segment Information (Summary Of

Segment Information (Summary Of Financial Information For Reportable Segments) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Total net revenues	$ 333,448	$ 263,524
Total Adjusted OIBDA	111,734	83,878
Media [Member]
Segment Reporting Information [Line Items]
Total net revenues	278,119	242,027
Total Adjusted OIBDA	128,217	106,599
Live Events
Segment Reporting Information [Line Items]
Total net revenues	23,101	472
Total Adjusted OIBDA	2,814	(4,308)
Consumer Products [Member]
Segment Reporting Information [Line Items]
Total net revenues	32,228	21,025
Total Adjusted OIBDA	11,873	6,670
Corporate & Other
Segment Reporting Information [Line Items]
Total Adjusted OIBDA	$ (31,170)	$ (25,083)

Segment Information (Reconcilia

Segment Information (Reconciliation Of Total Operating Income To Total Adjusted OIBDA) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Information [Abstract]
Operating income	$ 92,409	$ 65,056
Depreciation and amortization	9,707	10,842
Stock-based compensation	9,618	7,980
Other adjustments
Total Adjusted OIBDA	$ 111,734	$ 83,878

Revenues (Narrative) (Details)

Revenues (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Remaining performance obligations	$ 3,240,938,000
Contract liabilities	83,947,000		$ 74,661,000
Capitalized contract cost	600,000		$ 625,000
Capitalized cost amortization	25,000	$ 25,000
Capitalized cost, impairment	$ 0	$ 0
Minimum [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Payment term	30 days
Maximum [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Payment term	60 days

Revenues (Schedule Of Revenues

Revenues (Schedule Of Revenues Disaggregated By Source) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		$ 333,448	$ 263,524
Media [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		278,119	242,027
Media [Member] | Network (Including Pay-Per-View) [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[1]	56,335	79,392
Media [Member] | Core Content Rights Fees [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[2]	141,523	139,739
Media [Member] | Advertising And Sponsorships [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[3]	19,767	15,596
Media [Member] | Other Media [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[4]	60,494	7,300
Live Events
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		23,101	472
Live Events | Ticket Sales [Member] | North America
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		19,888
Live Events | Advertising And Sponsorships [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[5]	1,145
Live Events | Other Live Events [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues	[6]	2,068	472
Consumer Products [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		32,228	21,025
Consumer Products [Member] | Consumer Product Licensing [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		20,006	11,039
Consumer Products [Member] | eCommerce [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		7,717	$ 9,986
Consumer Products [Member] | Venue Merchandise
Revenue, Initial Application Period Cumulative Effect Transition [Line Items] (Deprecated 2022)
Net revenues		$ 4,505
[1] Network revenues consist primarily of license fees associated with the domestic distribution of WWE Network content to NBCU (effective March 18, 2021), as well as subscription fees from customers of WWE Network and license fees associated with our international licensed partner agreements. Network revenues for the three months ended March 31, 2021 include the upfront revenue recognition related to the delivery of certain WWE Network intellectual property rights. Core content rights fees consist primarily of licensing revenues from the distribution of our flagship programs, RAW and SmackDown , as well as our NXT programming, through global broadcast, pay television and digital platforms. Advertising and sponsorships revenues within our Media segment consist primarily of advertising revenues from the Company’s content on third-party social media platforms and sponsorship fees from sponsors who promote their products utilizing the Company’s media platforms, including promotion on the Company’s digital websites and on-air promotional media spots. Other revenues within our Media segment reflect revenues earned from the distribution of other WWE content, including, but not limited to, certain live in-ring programming content in international markets, scripted, reality and other programming, as well as theatrical and direct-to-home video releases. Advertising and sponsorships revenues within our Live Events segment primarily consists of fees from advertisers and sponsors who promote their products utilizing the Company’s live events (i.e., presenting sponsor of fan engagement events and advertising signage at the event). Other revenues within our Live Events segment primarily consists of the sale of travel packages associated with the Company’s global live events, as well as revenues from events for which the Company receives a fixed fee.

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Jan. 31, 2017
Debt Instrument [Line Items]
Impact on diluted EPS	$ 0.13	$ 0.05
3.375% Convertible Notes [Member]
Debt Instrument [Line Items]
Conversion price	24.91
Warrant strike price	$ 31.89		$ 31.89

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 66,041	$ 43,832
Interest expense related to the Convertible Notes	[1]	1,566
Net income for diluted earnings per share		$ 67,607	$ 43,832
Weighted average basic common shares outstanding		74,781	77,376
Dilutive effect of restricted and performance stock units		526	383
Dilutive effect of convertible debt instruments		12,266	7,925
Dilutive effect of employee share purchase plan		2	2
Weighted average dilutive common shares outstanding		87,575	85,686
Earnings Per Share, Basic		$ 0.88	$ 0.57
Basic		0.88	0.57
Diluted		$ 0.77	$ 0.51
Convertible Notes And Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares (excluded from per-share calculations)		4,728	4,536
[1] The Company adopted ASU 2020-06 effective January 1, 2022 under the modified retrospective approach. As such, f or purposes of calculating net income for diluted earnings per share, we have not made any adjustments for the three months ended March 31, 2021.

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	3 Months Ended			12 Months Ended
	Mar. 31, 2022 USD ($) item shares	Sep. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 9,618		$ 7,980
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years 6 months
Awards granted | shares	149,137
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years 6 months
Awards granted | shares	573,324			304,726
Increase (decrease) in units | shares	83,250
Performance Stock Units (PSUs) | Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized award	$ 22,500	$ 15,000
Number of tranches | item	2
Liability portion of award	$ 5,315
Performance Stock Units, Market Condition [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance issuance as percent or original grant, in the event of negative shareholder return	100%
Increase (decrease) in units | shares	10,229
Number of performance periods | item	5
Performance Stock Units, Market Condition [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance issuance as percent or original grant	50%
Performance Stock Units, Market Condition [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance issuance as percent or original grant	175%
20% Vested in First Year | Performance Stock Units (PSUs) | Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized award	$ 6,000
Vesting per tranche	27%
30% Vested in Second Year | Performance Stock Units (PSUs) | Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized award	$ 16,500
Vesting per tranche	73%

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of RSU Activity) (Details) - Restricted Stock Units (RSUs)	3 Months Ended
	Mar. 31, 2022 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units, Unvested at January 1, 2022 | shares	300,003
Units, Granted | shares	149,137
Units, Vested | shares	(1,474)
Units, Forfeited | shares	(15,503)
Units, Dividend equivalents | shares	844
Units, Unvested at June 30, 2022 | shares	433,007
Weighted-Average Grant-Date Fair Value, Unvested at January 1, 2022 | $ / shares	$ 55.03
Weighted-Average Grant-Date Fair Value, Granted | $ / shares	51.77
Weighted-Average Grant-Date Fair Value, Vested | $ / shares	44.97
Weighted-Average Grant-Date Fair Value, Forfeited | $ / shares	52.51
Weighted-Average Grant-Date Fair Value, Dividend equivalents | $ / shares	53.99
Weighted-Average Grant-Date Fair Value, Unvested at June 30, 2022 | $ / shares	$ 54

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of PSU Activity) (Details) - Performance Stock Units (PSUs) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units, Unvested at January 1, 2022	433,267
Units, Granted	573,324	304,726
Units, Achievement adjustment	83,250
Units, Forfeited	(10,667)
Units, Dividend equivalents	732
Units, Unvested at June 30, 2022	1,079,906	433,267
Weighted-Average Grant-Date Fair Value, Unvested at January 1, 2022	$ 50.14
Weighted-Average Grant-Date Fair Value, Granted	62.44
Weighted-Average Grant-Date Fair Value, Achievement adjustment	47.81
Weighted-Average Grant-Date Fair Value, Forfeited	50.89
Weighted-Average Grant-Date Fair Value, Dividend equivalents	49.04
Weighted-Average Grant-Date Fair Value, Unvested at June 30, 2022	$ 57.81	$ 50.14

Stock-Based Compensation (Sum_3

Stock-Based Compensation (Summary Of PSU-TSR Activity) (Details) - Performance Stock Units, Market Condition [Member]	3 Months Ended
	Mar. 31, 2022 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units, Unvested at January 1, 2022 | shares	47,736
Units, Achievement adjustment | shares	10,229
Units, Unvested at June 30, 2022 | shares	57,965
Weighted-Average Grant-Date Fair Value, Unvested at January 1, 2022 | $ / shares	$ 47.28
Weighted-Average Grant-Date Fair Value, Achievement adjustment | $ / shares	47.30
Weighted-Average Grant-Date Fair Value, Unvested at June 30, 2022 | $ / shares	$ 47.30

Property And Equipment (Narrati

Property And Equipment (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Property And Equipment [Abstract]
Depreciation expense	$ 9,316	$ 10,116

Property And Equipment (Schedul

Property And Equipment (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Gross	$ 405,223	$ 385,921
Less: accumulated depreciation and amortization	(221,430)	(213,244)
Total	183,793	172,677
Land, Buildings and Improvements
Property, Plant and Equipment [Line Items]
Gross	154,679	154,826
Equipment
Property, Plant and Equipment [Line Items]
Gross	153,780	148,193
Corporate aircraft
Property, Plant and Equipment [Line Items]
Gross	32,249	32,249
Vehicles
Property, Plant and Equipment [Line Items]
Gross	993	993
Projects In Progress [Member]
Property, Plant and Equipment [Line Items]
Gross	$ 63,522	$ 49,660

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Nov. 30, 2020
Lessee, Lease, Description [Line Items]
Term of free rent	18 months
Finance lease term	15 years
Deferred rent, including interest	$ 6,492	$ 6,590
Deferred rent repayment term	5 years
Minimum [Member] | Land, Buildings and Improvements
Lessee, Lease, Description [Line Items]
Remaining lease terms	1 year
Minimum [Member] | Equipment
Lessee, Lease, Description [Line Items]
Lease term	1 year
Maximum [Member] | Land, Buildings and Improvements
Lessee, Lease, Description [Line Items]
Remaining lease terms	10 years
Maximum [Member] | Equipment
Lessee, Lease, Description [Line Items]
Lease term	6 years
Other Noncurrent Liabilities [Member]
Lessee, Lease, Description [Line Items]
Deferred rent, including interest	$ 5,250
Accounts Payable and Accrued Liabilities [Member]
Lessee, Lease, Description [Line Items]
Deferred rent, including interest	$ 1,242

Leases (Quantitative Informatio

Leases (Quantitative Information About Leases) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
Amortization of right-of-use assets		$ 4,671	$ 4,658
Interest on lease liabilities		3,804	4,706
Operating lease costs		1,172	1,518
Other short-term and variable lease costs		673	408
Sublease income	[1]	(26)
Total lease costs		10,294	11,290
Operating cash flows from finance leases		3,805	2,763
Operating cash flows from operating leases		1,075	1,328
Finance cash flows from finance leases		3,435	2,723
Right-of-use assets obtained in exchange for new finance lease liabilities			174
Right-of-use assets obtained in exchange for new operating lease liabilities		$ 8,605	$ 3,457
Weighted-average remaining lease term - finance leases		26 years 10 months 24 days	27 years 3 months 18 days
Weighted-average remaining lease term - operating leases		7 years 2 months 12 days	3 years 10 months 24 days
Weighted-average discount rate - finance leases		4%	4.80%
Weighted-average discount rate - operating leases		3.50%	3.90%
[1] Sublease income excludes rental income from owned properties.

Leases (Maturity Of Lease Liabi

Leases (Maturity Of Lease Liabilities) (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Operating Leases
2022	$ 3,405
2023	3,042
2024	1,577
2025	1,444
2026	1,465
Thereafter	6,523
Total lease payment	17,456
Less: imputed interest	(2,126)
Total future minimum lease payments	15,330
Finance Leases
2022	20,099
2023	27,409
2024	24,311
2025	21,140
2026	21,472
Thereafter	536,643
Total lease payment	651,074
Less: imputed interest	(267,661)
Total future minimum lease payments	$ 383,413

Content Production Assets, Ne_2

Content Production Assets, Net (Narrative) (Details)	3 Months Ended
	Mar. 31, 2022
Content Production Assets, Net [Abstract]
Content assets monetized individually amortized over the next three years	87%
Content assets monetized, amortization period	3 years

Content Production Assets, Ne_3

Content Production Assets, Net (Schedule Of Content Production Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Predominantly Monetized Individually
In release	$ 6,905	$ 3,291
In production	8,585	9,581
In development	77	143
Total	15,567	13,015
Predominantly Monetized as a Film Group
In release	32	139
In production	199	627
Total	$ 231	$ 766

Content Production Assets, Ne_4

Content Production Assets, Net (Schedule Of Amortization And Impairment Of Content Production Assets) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Content Production Assets, Net [Abstract]
Content production amortization expense - assets monetized individually		$ 8,105	$ 4,496
Content production amortization expense - assets monetized as a film group		1,622	1,298
Content production impairment charges	[1]
Content production development write-offs	[2]	93	29
Total amortization and impairment of content production assets		$ 9,820	$ 5,823
[1] Unamortized content production assets are evaluated for impairment whenever events or changes in circumstances indicate that the fair value of a film predominantly monetized on its own or a film group may be less than its unamortized costs. If conditions indicate a potential impairment, and the estimated future cash flows are not sufficient to recover the unamortized asset, the asset is written down to fair value. In addition, if we determine that content will not likely air, we will expense the remaining unamortized asset. Capitalized script development costs are evaluated at each reporting period for impairment and to determine if a project is deemed to be abandoned.

Investment Securities And Sho_3

Investment Securities And Short-Term Investments (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investment Securities And Short-Term Investments [Abstract]
Impairments on equity investments without readily determinable fair value	$ 0	$ 0
Short-term investments, interest income	$ 263,000	$ 87,000

Investment Securities And Sho_4

Investment Securities And Short-Term Investments (Schedule Of Investment Securities ) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Investment Securities And Short-Term Investments [Abstract]
Nonmarketable equity investments without readily determinable fair values	$ 11,618	$ 11,618
Total investment securities	$ 11,618	$ 11,618

Investment Securities And Sho_5

Investment Securities And Short-Term Investments (Schedule Of Short-Term Investments Measured at Fair Value) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 344,857	$ 281,406
Gross Unrealized Gain	2	2
Gross Unrealized (Loss)	(2,640)	(451)
Fair Value	342,219	280,957
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	190,552	90,278
Gross Unrealized (Loss)	(901)	(57)
Fair Value	189,651	90,221
Corporate Bond Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	128,292	147,102
Gross Unrealized Gain	2	1
Gross Unrealized (Loss)	(1,251)	(269)
Fair Value	127,043	146,834
US Government Agencies Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	26,013	44,026
Gross Unrealized Gain		1
Gross Unrealized (Loss)	(488)	(125)
Fair Value	$ 25,525	$ 43,902

Investment Securities And Sho_6

Investment Securities And Short-Term Investments (Schedule Of Contractual Maturities Of Short-Term Investment Bonds) (Details)	3 Months Ended
	Mar. 31, 2022
US Treasury Securities [Member] | Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	1 month
US Treasury Securities [Member] | Maximum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	2 years
Corporate Bond Securities | Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	1 month
Corporate Bond Securities | Maximum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	2 years
US Government Agencies Debt Securities | Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	5 months
US Government Agencies Debt Securities | Maximum [Member]
Schedule of Available-for-sale Securities [Line Items]
Contractual maturities of bonds	2 years

Investment Securities And Sho_7

Investment Securities And Short-Term Investments (Summary Of Short-Term Investment Activity) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investment Securities And Short-Term Investments [Abstract]
Proceeds from sales and maturities of short-term investments	$ 47,424	$ 22,842
Purchases of short-term investments	$ 111,623	$ 52,405

Fair Value Measurement (Narrati

Fair Value Measurement (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value, Assets, Level 1, Level 2 and Level 3 Transfers, Amount	$ 0
Investment Securities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset impairment charges	0	$ 0
Long-Lived Property And Equipment [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset impairment charges	0	0
Content Production Assets [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset impairment charges	$ 0	$ 0

Fair Value Measurement (Schedul

Fair Value Measurement (Schedule Of Fair Value Of Debt Instruments) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes		$ 207,739	$ 210,076
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes	[1]	$ 215,000	$ 203,032
[1] Upon adoption of ASU 2020-06 on January 1, 2022, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note as of March 31, 2022. As of December 31, 2021, prior to the adoption of ASU 2020-06, the carrying value of the convertible debt instrument presented in the table above represents the face value of the convertible note less unamortized debt discount.

Accounts Payable And Accrued _3

Accounts Payable And Accrued Expenses (Narrative) (Details)	Mar. 31, 2022
Accounts Payable And Accrued Expenses [Abstract]
Individual accrual categories percentage of current liabilities	5%

Accounts Payable And Accrued _4

Accounts Payable And Accrued Expenses (Schedule Of Accounts Payable And Accrued Expenses) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Accounts Payable And Accrued Expenses [Abstract]
Trade related		$ 20,692	$ 11,150
Staff related		16,481	15,558
Management incentive compensation		7,269	30,604
Talent related		7,320	4,428
Accrued WWE Network related expenses		6,481	10,950
Accrued event and television production		11,388	9,687
Accrued legal and professional	[1]	6,543	7,706
Accrued purchases of property and equipment		21,352	22,207
Accrued income taxes	[2]	1,733
Accrued other		13,562	10,426
Total		112,821	122,716
Accrued legal settlements		$ 1,700	2,200
Income taxes refundable balance			$ 7,156
[1] Accrued legal and professional as of March 31, 2022 and December 31, 2021 include certain amounts of $ 1,700 and $ 2,200 , respectively, to be paid by the Company’s principal stockholder (see Note 20, Revision of Previously Issued Unaudited Interim Consolidated Financial Information , for further information). At December 31, 2021, income taxes has a refundable balance of $ 7,156 and was included in Prepaid expenses and other current assets on our Consolidated Balance Sheets.

Convertible Debt (Narrative) (D

Convertible Debt (Narrative) (Details) $ / shares in Units, shares in Thousands	2 Months Ended	3 Months Ended		12 Months Ended
	Jan. 31, 2017 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) item $ / shares	Mar. 31, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 12, 2016 $ / shares
Debt Instrument [Line Items]
Percentage of warrant strike price in excess of stock price	60%
Share Price | $ / shares					$ 19.93
Convertible Notes [Member] | ASU 2020-06 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 36,657,000
Effective interest rate				6.40%
Amortization of debt issuance costs				$ 5,454,000
Long-term debt, convertible notes				215,000,000
Equity [Member] | Convertible Notes [Member] | ASU 2020-06 [Member]
Debt Instrument [Line Items]
Debt issunace costs				1,110,000
Retained Earnings (Accumulated) [Member] | Convertible Notes [Member] | ASU 2020-06 [Member]
Debt Instrument [Line Items]
Debt issunace costs				1,110,000
Initial Purchasers [Member]
Debt Instrument [Line Items]
Convertible note hedge, shares covered by hedge | shares	8,630
Shares issuable under warrant agreement | shares	8,630
3.375% Convertible Notes [Member]
Debt Instrument [Line Items]
Interest rate		3.375%	3.375%
Amortization of debt issuance costs		$ 235,000	$ 205,000
Conversion ratio, shares		40.1405
Conversion price | $ / shares		$ 24.91
Long-term debt, convertible notes		$ 215,000,000		$ 215,000,000
Warrant strike price | $ / shares	$ 31.89	$ 31.89
3.375% Convertible Notes [Member] | Initial Purchasers [Member]
Debt Instrument [Line Items]
Convertible debt authorized for issuance	$ 215,000,000
Interest rate		3.375%
Maturity date		Dec. 15, 2023
3.375% Convertible Notes [Member] | Conversion Scenario 1 [Member]
Debt Instrument [Line Items]
Threshold within consecutive trading days | item		20
Threshold of consecutive trading days | item		30
3.375% Convertible Notes [Member] | Conversion Scenario 1 [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stock price trigger percent		130%
3.375% Convertible Notes [Member] | Conversion Scenario 2 [Member]
Debt Instrument [Line Items]
Threshold within consecutive trading days | item		5
Threshold of consecutive trading days | item		10
Threshold percentage of stock price and conversion rate		98%

Convertible Debt (Schedule Of C

Convertible Debt (Schedule Of Convertible Notes) (Details) - 3.375% Convertible Notes [Member] - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Principal		$ 215,000	$ 215,000
Less: Unamortized debt discount	[1]		(11,968)
Less: Unamortized debt issuance costs	[2]	(1,604)	(1,939)
Net carrying amount		$ 213,396	201,093
Equity component	[3]		$ 35,547
[1] The debt discount associated with the Convertible Notes was derecognized upon adoption of ASU 2020-06 on January 1, 2022. Unamortized debt issuance costs as of March 31, 2022 reflects the adoption impact from ASU 2020-06 described above. The equity component of the Convertible Notes, net of deferred income taxes, was derecognized upon adoption of ASU 2020-06 on January 1, 2022.

Convertible Debt (Schedule Of I

Convertible Debt (Schedule Of Interest Expense Recognized) (Details) - 3.375% Convertible Notes [Member] - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Debt Instrument [Line Items]
3.375% contractual coupon		$ 1,814	$ 1,814
Amortization of debt discount	[1]		1,356
Amortization of debt issuance costs		235	205
Interest expense		$ 2,049	$ 3,375
Interest rate		3.375%	3.375%
[1] The Company adopted ASU 2020-06 during the first quarter of 2022 using the modified retrospective method. Prior year reports amounts were not revised and are presented in accordance with accounting rules prior to the adoption of ASU 2020-06.

Long-Term Debt And Credit Fac_3

Long-Term Debt And Credit Facility (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	May 31, 2019	Sep. 30, 2016
Mortgage [Member]
Debt Instrument [Line Items]
Principal amount				$ 23,000,000
Interest rate	4.50%
Monthly installments, interest only	$ 86,000
Monthly installments, interest and principal	$ 117,000
Maturity date	Jul. 05, 2025
Revolving Credit Facility
Debt Instrument [Line Items]
Credit Facility borrowing capacity			$ 200,000,000
Credit Facility interest rate	1.96%
Credit Facility unutilized commitment fee rate	0.15%
Credit Facility available debt capacity	$ 200,000,000
Credit Facility maturity date	May 24, 2024
Credit Facility amount outstanding	$ 0	$ 0

Long-Term Debt And Credit Fac_4

Long-Term Debt And Credit Facility (Schedule Of Debt) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Current portion of long-term debt	$ 435	$ 430
Long-term debt	21,173	21,284
Debt	21,608	21,714
Mortgage [Member]
Debt Instrument [Line Items]
Current portion of long-term debt	435	430
Long-term debt	$ 21,173	$ 21,284

Concentration Of Credit Risk (N

Concentration Of Credit Risk (Narrative) (Details) - Customer Concentration Risk - Accounts Receivable - customer	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Concentration risk, number of customers	2	2
Customer 1
Concentration Risk [Line Items]
Concentration risk, percentage	40%	38%
Customer 2
Concentration Risk [Line Items]
Concentration risk, percentage	26%	26%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Deferred tax assets, net	$ 16,745	$ 13,100

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Feb. 28, 2019
Authorized stock repurchase, amount			$ 500,000
Repurchase and retirement of common stock, Shares	524,498	1,497,820
Average share price	$ 57.21	$ 50.07
Repurchase and retirement of common stock	$ 30,006	$ 75,000
Remaining authorized stock repurchase, amount	220,924
Non-cash capital contributions included in stock issuance and other, net	$ 2,200	$ 1,200
Equity [Member] | Common Class A [Member]
Repurchase and retirement of common stock, Shares	525,000	1,498,000
Repurchase and retirement of common stock	$ 5	$ 15
Additional Paid-in Capital [Member]
Repurchase and retirement of common stock	4,916	13,625
Retained Earnings (Accumulated) [Member]
Repurchase and retirement of common stock	$ 25,085	$ 61,360

Revision Of Previously Issued_3

Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended	36 Months Ended	192 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2009	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Unrecorded expenses					$ 19,600
Unrecorded expenses in period				$ 5,000	14,600
Operating income	$ 92,409	$ 65,056
Net income	66,041	43,832
Balance	401,444	353,681	$ 374,660		374,660	$ 383,994
Liabilities	843,904		829,407		829,407
Overstated [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Operating income			3,000
Net income			3,000
Understatement [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Liabilities	4,400		6,600		6,600	4,800	$ 6,000	$ 7,500
Retained Earnings (Accumulated) [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income	66,041	43,832
Balance	(1,759)	(83,015)	(51,393)		(51,393)	(56,327)
Retained Earnings (Accumulated) [Member] | Overstated [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance								16,600
Additional Paid-in Capital [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	401,762	$ 433,014	422,884		422,884	436,558
Additional Paid-in Capital [Member] | Understatement [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	$ 15,200		$ 13,000		$ 13,000	$ 11,800	$ 10,600	$ 9,100

Revision Of Previously Issued_4

Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information (Consolidated Balance Sheet Information) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accounts payable and accrued expenses	$ 112,821	$ 122,716
Total current liabilities	426,847	415,817
Other non-current liabilities	13,389	12,562
Total liabilities	843,904	829,407
Additional paid-in capital	401,762	422,884
Accumulated deficit	(1,759)	(51,393)
Total stockholders’ equity	401,444	374,660
As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accounts payable and accrued expenses	111,121	120,516
Total current liabilities	425,147	413,617
Other non-current liabilities	10,689	8,162
Total liabilities	839,504	822,807
Additional paid-in capital	386,562	409,884
Accumulated deficit	17,841	(31,793)
Total stockholders’ equity	405,844	381,260
Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accounts payable and accrued expenses	1,700	2,200
Total current liabilities	1,700	2,200
Other non-current liabilities	2,700	4,400
Total liabilities	4,400	6,600
Additional paid-in capital	15,200	13,000
Accumulated deficit	(19,600)	(19,600)
Total stockholders’ equity	$ (4,400)	$ (6,600)

Revision Of Previously Issued_5

Revision Of Previously Issued Unaudited Interim Condensed Consolidated Financial Information (Consolidated Statement Of Stockholders' Equity Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	$ 374,660	$ 383,994
Stock issuances and other, net	3,439	3,163
Balance	401,444	353,681
As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Stock issuances and other, net	1,239	1,963
Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Stock issuances and other, net	2,200	1,200
Additional Paid-in Capital [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	422,884	436,558
Stock issuances and other, net	3,439	3,162
Balance	401,762	433,014
Additional Paid-in Capital [Member] | As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	409,884	424,758
Balance	386,562	420,014
Additional Paid-in Capital [Member] | Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	13,000	11,800
Balance	15,200	13,000
Retained Earnings (Accumulated) [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	(51,393)	(56,327)
Balance	(1,759)	(83,015)
Retained Earnings (Accumulated) [Member] | As Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	(31,793)	(39,727)
Balance	17,841	(66,415)
Retained Earnings (Accumulated) [Member] | Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Balance	(19,600)	(16,600)
Balance	$ (19,600)	$ (16,600)