DreamWorks Animation SKG (DWA) 10-Q 3 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 22, 2016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	DreamWorks Animation SKG, Inc.
Entity Central Index Key	1,297,401
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Common Class A [Member]
Entity Common Stock, Shares Outstanding		78,865,251
Common Class B [Member]
Entity Common Stock, Shares Outstanding		7,838,731

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 75,145	$ 110,814
Trade accounts receivable, net of allowance for doubtful accounts	249,790	271,466
Receivables from distributors, net of allowance for doubtful accounts	254,918	230,569
Film and other inventory costs, net	853,324	820,454
Prepaid expenses	30,074	29,133
Other assets	68,266	69,098
Investments in unconsolidated entities	39,829	32,814
Property, plant and equipment, net of accumulated depreciation and amortization	47,834	37,765
Intangible assets, net of accumulated amortization	164,637	172,328
Goodwill	190,668	190,668
Total assets	1,974,485	1,965,109
Liabilities:
Accounts payable	14,602	10,847
Accrued liabilities	172,939	199,665
Payable to former stockholder	4,392	20,776
Deferred revenue and other advances	54,571	74,659
Deferred gain on sale-leaseback transaction	85,129	87,410
Revolving credit facility	108,000	60,000
Senior unsecured notes, net of deferred financing costs	295,665	295,134
Deferred taxes, net	18,483	17,778
Total liabilities	753,781	766,269
Commitments and contingencies
DreamWorks Animation SKG, Inc. Stockholders' Equity:
Additional paid-in capital	1,244,317	1,227,220
Accumulated other comprehensive loss	(7,436)	(3,642)
Retained earnings	724,148	707,978
Less: Class A Treasury common stock, at cost, 28,580,112 and 28,401,898 shares, as of June 30, 2016 and December 31, 2015, respectively	(793,947)	(789,186)
Total DreamWorks Animation SKG, Inc. stockholders' equity	1,168,235	1,143,517
Non-controlling interests	52,469	55,323
Total equity	1,220,704	1,198,840
Total liabilities and equity	1,974,485	1,965,109
Common Class A [Member]
DreamWorks Animation SKG, Inc. Stockholders' Equity:
Common stock	1,075	1,069
Common Class B [Member]
DreamWorks Animation SKG, Inc. Stockholders' Equity:
Common stock	$ 78	$ 78

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	350,000,000	350,000,000
Common stock, shares issued	107,439,137	106,907,772
Class A Treasury common stock, shares	28,580,112	28,401,898
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	7,838,731	7,838,731
Common stock, shares outstanding	7,838,731	7,838,731

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015		Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues	$ 220,926	$ 170,782	[1]	$ 411,368	$ 337,312	[1]
Operating expenses (income):
Costs of revenues	121,903	99,939		236,527	206,104
Selling and marketing	7,476	12,077		13,616	20,552
General and administrative	87,612	80,736	[1]	147,862	169,878	[1]
Product development	595	1,592	[1]	1,140	1,924	[1]
Other operating income	(6,077)	(1,719)	[1]	(11,018)	(4,000)	[1]
Operating income (loss)	9,417	(21,843)		23,241	(57,146)
Non-operating income (expense):
Interest expense, net	(3,593)	(7,564)		(8,580)	(13,898)
Other income (expense), net	475	2,001		2,367	(3,465)
Increase in income tax benefit payable to former stockholder	0	(7,096)		0	(7,121)
Income (loss) before loss from equity method investees and income taxes	6,299	(34,502)		17,028	(81,630)
Loss from equity method investees	(3,572)	(2,775)	[1]	(1,030)	(9,137)	[1]
Income (loss) before income taxes	2,727	(37,277)	[1]	15,998	(90,767)	[1]
Provision for income taxes	1,327	1,762		2,457	4,162
Net income (loss)	1,400	(39,039)		13,541	(94,929)
Less: Net loss attributable to non-controlling interests	(934)	(456)		(2,629)	(1,569)
Net income (loss) attributable to DreamWorks Animation SKG, Inc.	$ 2,334	$ (38,583)		$ 16,170	$ (93,360)
Net income (loss) per share of common stock attributable to DreamWorks Animation SKG, Inc.
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ (0.45)		$ 0.19	$ (1.09)
Diluted net income (loss) per share (in dollars per share)	$ 0.03	$ (0.45)		$ 0.18	$ (1.09)
Shares used in computing net income (loss) per share
Basic (in shares)	86,627	85,732		86,513	85,674
Diluted (in shares)	89,445	85,732		88,903	85,674
[1]	Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,400	$ (39,039)	$ 13,541	$ (94,929)
Other comprehensive (loss) income, net of tax:
Foreign currency translation (losses) gains	(2,971)	852	(3,794)	42
Comprehensive (loss) income	(1,571)	(38,187)	9,747	(94,887)
Less: Comprehensive loss attributable to non-controlling interests	(934)	(456)	(2,629)	(1,569)
Comprehensive (loss) income attributable to DreamWorks Animation SKG, Inc.	$ (637)	$ (37,731)	$ 12,376	$ (93,318)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net income (loss)	$ 13,541	$ (94,929)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Amortization and write-off of film and other inventory costs	197,073	182,239
Other impairments and write-offs	0	5,064
Amortization of intangible and other assets	9,527	10,250
Depreciation and amortization	3,126	17,756
Amortization of deferred financing costs	1,215	1,200
Amortization of deferred gain on sale-leaseback transaction	(2,281)	0
Stock-based compensation expense	12,097	10,727
Revenue earned against deferred revenue and other advances	(73,951)	(35,608)
Income related to investment contributions	(6,545)	(4,000)
Loss from equity method investees	1,030	9,137	[1]
Deferred taxes, net	702	1,267
Changes in operating assets and liabilities:
Restricted cash	0	17,252
Trade accounts receivable	19,281	(18,989)
Receivables from distributors	(25,813)	53,169
Film and other inventory costs	(221,883)	(179,791)
Prepaid expenses and other assets	(11,463)	(37,656)
Accounts payable and accrued liabilities	(22,176)	(23,440)
Payable to former stockholder	(16,384)	(231)
Deferred revenue and other advances	65,944	93,924
Net cash (used in) provided by operating activities	(56,960)	7,341
Investing activities
Investments in unconsolidated entities	0	(2,298)
Purchases of property, plant and equipment	(21,792)	(4,595)
Net cash used in investing activities	(21,792)	(6,893)
Financing activities
Deferred financing costs	0	(6,286)
Purchase of treasury stock	(4,761)	(3,066)
Contingent consideration payment	0	(335)
Borrowings from revolving credit facility	99,000	385,405
Repayments of borrowings from revolving credit facility	(51,000)	(485,405)
Proceeds from lease financing obligation	0	185,000
Repayments of lease financing obligation	0	(1,399)
Capital contribution from non-controlling interest holder	0	15,000
Distributions to non-controlling interest holder	(225)	(813)
Net cash provided by financing activities	43,014	88,101
Effect of exchange rate changes on cash and cash equivalents	69	(574)
(Decrease) increase in cash and cash equivalents	(35,669)	87,975
Cash and cash equivalents at beginning of period	110,814	34,227
Cash and cash equivalents at end of period	75,145	122,202
Non-cash investing activities:
Intellectual property and technology licenses granted in exchange for equity interest	7,792	3,945
Services provided in exchange for equity interest	253	55
Total non-cash investing activities	8,045	4,000
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes, net of amounts refunded	1,452	2,897
Cash paid during the period for interest, net of amounts capitalized	$ 10,321	$ 14,675
[1]	Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed.

Business and Basis of Presentat

Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation Business The business of DreamWorks Animation SKG, Inc. ("DreamWorks Animation" or the "Company") is primarily devoted to the development, production and exploitation of animated films (and other audiovisual programs) and their associated characters in the worldwide theatrical, home entertainment, digital, television, merchandising, licensing and other markets. The Company continues to expand its library and increase the value of its intellectual property assets by developing and producing new episodic series and other non-theatrical content based on characters from its feature films. In addition, the Company has an extensive library of other intellectual property rights, which can be exploited in various markets. The Company's activities also include technology initiatives as it explores opportunities to exploit its internally developed software. The Company's business also includes AwesomenessTV ("ATV"), a multi-media platform company that generates revenues primarily from the production and distribution of content across a variety of channels, including short-form online video, theatrical, home entertainment, television and online video-on-demand, and sponsorship arrangements. On December 11, 2014, the Company entered into a Unit Purchase Agreement (the "Unit Purchase Agreement") with an affiliate of Hearst Corporation ("Hearst"). Pursuant to the Unit Purchase Agreement, Hearst acquired a 25% equity interest in a newly formed joint venture ("ATV Joint Venture") conducting the ATV business. The Company is consolidating the results of this joint venture because the Company continues to retain control over the operations of ATV. Subsequent to June 30, 2016, additional interests in the ATV Joint Venture were sold to an additional third party investor, which reduced the Company's ownership percentage in the joint venture. Refer to Note 19 for further information. Pending Acquisition by Comcast Corporation On April 28, 2016, the Company, Comcast Corporation ("Comcast") and Comcast Paris Newco, Inc., a wholly-owned subsidiary of Comcast ("Merger Sub"), entered into an Agreement and Plan of Merger (the "Merger Agreement"). Upon the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into DreamWorks Animation, with DreamWorks Animation continuing as the surviving corporation and a wholly-owned subsidiary of Comcast (the "Merger"). Pursuant to the Merger Agreement, upon the closing of the Merger, each share of the Company's Class A common stock and Class B common stock (collectively, "Company common stock"), issued and outstanding immediately prior to the effective time of the Merger (other than shares owned by the Company, Comcast, Merger Sub or any other subsidiary of Comcast or shares with respect to which appraisal rights have been properly exercised in accordance with the General Corporation Law of the State of Delaware) will be converted into the right to receive $41.00 in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"). Each Company option and each Company stock appreciation right outstanding immediately prior to the effective time of the Merger, whether or not then vested and exercisable, will be cancelled and converted into the right to receive, for each share of Company common stock subject to such stock option or stock appreciation right, an amount in cash, without interest, equal to the excess, if any, of the Merger Consideration over the per share exercise price of such option or stock appreciation right. Each Company restricted stock unit and each Company performance restricted stock unit outstanding immediately prior to the effective time of the Merger will be cancelled and converted into the right to receive an amount in cash, without interest, equal to the Merger Consideration multiplied by the number of shares of Company common stock subject to such restricted stock unit or performance restricted stock unit (assuming in the case of performance restricted stock units, that applicable performance conditions are deemed to be achieved at the greater of target and actual performance). Each Company restricted share outstanding immediately prior to the effective time of the Merger will be cancelled and converted into the right to receive an amount in cash, without interest, equal to the Merger Consideration. The consummation of the Merger is subject to customary closing conditions, including (i) receiving the approval of holders of a majority of the voting power of the outstanding Company common stock, which approval was effected after execution of the Merger Agreement, by written consent of the Company's controlling stockholder, Jeffrey Katzenberg, (ii) the absence of legal restraints preventing the consummation of the Merger and (iii) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the termination of such waiting period was effective on June 20, 2016), and receipt of specified other regulatory consents and approvals. The Merger Agreement contains certain customary covenants, including covenants providing (i) for each of the parties to use reasonable best efforts to cause the transaction to be consummated and (ii) for DreamWorks Animation to carry on its business in the ordinary course during the interim period between the execution of the Merger Agreement and completion of the Merger. The Merger is expected to close in 2016, subject to receipt of certain international regulatory approvals and the satisfaction of other customary closing conditions. The Merger Agreement contains specified termination rights for the parties. In connection with the termination of the Merger Agreement under certain circumstances, the Company will be required to pay to Comcast a "termination fee" equal to $152.0 million . Additionally, in connection with the termination of the Merger Agreement under specified antitrust-related circumstances, Comcast will be required to pay to DreamWorks Animation a "reverse termination fee" equal to $200.0 million . The foregoing description of the Merger Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Merger Agreement, a copy of which is attached as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company on April 28, 2016. Distribution and Servicing Arrangements The Company derives revenue from Twentieth Century Fox Film Corporation's worldwide (excluding China and South Korea) exploitation of its films in the theatrical and post-theatrical markets. Pursuant to a binding term sheet (the "Fox Distribution Agreement") entered into with Twentieth Century Fox and Twentieth Century Fox Home Entertainment, LLC (collectively, "Fox"), the Company has agreed to license Fox certain exclusive distribution rights and exclusively engage Fox to render fulfillment services with respect to certain of the Company's animated feature films and other audiovisual programs theatrically released during the five -year period beginning on January 1, 2013. As of July 1, 2014, Fox has also been licensed and engaged to render fulfillment services for the Company's feature films theatrically released prior to January 1, 2013 in theatrical, non-theatrical, home entertainment and digital media. The rights licensed to, and serviced by, Fox will terminate on the date that is one year after the initial home video release date in the United States ("U.S.") of the last film theatrically released by Fox during such five -year period, subject to licenses approved by the Company during such period that extend beyond such period. Also beginning in 2013, the Company's films are distributed in China and South Korea territories by separate distributors in each of these territories. The key terms of the Company's distribution arrangements with its Chinese and South Korean distributors are largely similar to those with Fox and Paramount such that the Company also recognizes revenues earned under these arrangements on a net basis. The Company's distribution partner in China is a subsidiary of Oriental DreamWorks Holding Limited ("ODW"), which is a related party (See Note 6). In addition, the Company continues to derive revenues from the distribution by Paramount Pictures Corporation, a subsidiary of Viacom Inc., and its affiliates (collectively, "Paramount") of its feature films released prior to January 1, 2013 pursuant to a distribution agreement and a fulfillment services agreement (collectively, the "Paramount Agreements"). As of July 1, 2014, the Company reacquired certain distribution rights to its feature films from Paramount, which rights have been licensed to Fox (as noted above). The amount paid to reacquire these rights was recorded as a definite-lived intangible asset. Paramount will continue to exploit and render fulfillment services in television and related media for feature films released prior to January 1, 2013 until the date that is 16 years after such film's theatrical release, and will continue to exploit and service certain other agreements with Paramount's sublicensees that remain in place after July 1, 2014. The Company generally retains all other rights to exploit its films, including commercial tie-in and promotional rights with respect to each film, as well as merchandising, interactive, literary publishing, music publishing and soundtrack rights. The Company's activities associated with its episodic series and ATV business are generally not subject to the Company's distribution agreements with its theatrical distributors. Basis of Presentation The accompanying unaudited financial data as of June 30, 2016 and for the three and six months ended June 30, 2016 and 2015 has been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") and in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information. Accordingly, certain information and footnote disclosures normally included in comprehensive financial statements have been condensed or omitted pursuant to such rules and regulations. The consolidated balance sheet as of December 31, 2015 was derived from the audited financial statements at that date, but does not include all the information and footnotes required by U.S. GAAP. These financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 (the " 2015 Form 10-K"). The accompanying unaudited consolidated financial statements reflect all adjustments, consisting of only normal recurring items, which in the opinion of management, are necessary for a fair statement for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for the full year, or for any future period, as fluctuations can occur based upon the timing of the Company's films' theatrical and home entertainment releases, and deliveries of episodic content. Reclassifications Certain amounts in the prior period consolidated financial statements have been reclassified to conform to the Company's 2016 presentation. Consolidation The consolidated financial statements of the Company present the financial position, results of operations and cash flows of DreamWorks Animation and its wholly-owned and majority-owned subsidiaries. The Company also consolidates less-than-wholly owned entities if the Company has a controlling financial interest in that entity. The Company uses the equity method of accounting for investments in companies in which it has a 50% or less ownership interest and has the ability to exercise significant influence. Such investments are presented as investments in unconsolidated entities on the Company's consolidated balance sheets (refer to Note 6 for further information of such investments). Prior to recording its share of net income or losses from equity method investees, investee financial statements are converted to U.S. GAAP. All significant intercompany accounts and transactions have been eliminated. Intra-entity profit related to transactions with equity method investees is eliminated until the amounts are ultimately realized. In addition, the Company reviews its relationships with other entities to identify whether they are variable interest entities ("VIE") as defined by the Financial Accounting Standards Board ("FASB"), and to assess whether the Company is the primary beneficiary of such entity. If the determination is made that the Company is the primary beneficiary, then the entity is consolidated. As of June 30, 2016 , the Company determined that it continued to have a variable interest in ODW as ODW does not have sufficient equity at risk (i.e., cash on hand to fund its operations) as a result of the timing of capital contributions to the entity in accordance with the Transaction and Contribution Agreement (see Note 6). However, the Company concluded that it is not the primary beneficiary of ODW as it does not have deemed control of ODW. As a result, it does not consolidate ODW into its financial statements. Refer to Note 6 for further discussion of how the Company accounts for its investment in ODW, including the remaining contributions (which represent the maximum exposure to the Company). Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The most significant estimates made by management in the preparation of the financial statements relate to the following: • ultimate revenues and ultimate costs of film and television product; • relative selling price of the Company's products for purposes of revenue allocation in multi-property licenses and other multiple deliverable arrangements; • determination of the fair value of reporting units for purposes of testing goodwill for impairment; • determination of fair value of non-cash contributions to investments in unconsolidated entities; • useful lives of intangible assets; • product sales that will be returned and the amount of receivables that ultimately will be collected; • the potential outcome of future tax consequences of events that have been recognized in the Company's financial statements; • loss contingencies; and • assumptions used in the determination of the fair value of equity-based awards for stock-based compensation or their probability of vesting. Actual results could differ from those estimates. To the extent that there are material differences between these estimates and actual results, the Company's financial condition or results of operations will be affected. Estimates are based on past experience and other assumptions that management believes are reasonable under the circumstances, and management evaluates these estimates on an ongoing basis.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the FASB issued an accounting standards update to simplify certain provisions related to the accounting for stock-based compensation. First, the guidance requires the income tax effects of stock-based compensation awards to be recognized in the income statement when the awards vest or are settled and is to be applied on a prospective basis. The guidance also requires the presentation of excess tax benefits as an operating activity on the statements of cash flows rather than as a financing activity, and this presentation can be applied retrospectively or prospectively. The guidance also increases the amount companies can withhold to cover income taxes on awards without triggering liability classification for shares used to satisfy statutory income tax withholding obligations and requires application of a modified retrospective transition method for this provision. Lastly, the new guidance allows the Company to make an entity-wide election to either continue estimating the number of awards that are expected to vest or account for forfeitures as they occur. The guidance is effective for the Company's fiscal years beginning January 1, 2017, including interim periods within that fiscal year, with early adoption permitted. However, all provisions would need to be adopted in the same period. The Company is in the process of evaluating the impact that the new standard will have on its consolidated financial statements. In February 2016, the FASB issued an accounting standards update to increase transparency and comparability among companies by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Once it becomes effective, the new guidance will replace existing lease accounting guidance in U.S. GAAP. Under the new standard, lessees will recognize in its balance sheets a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. The guidance is effective for the Company's fiscal year beginning January 1, 2019, including interim periods within that fiscal year, with early adoption permitted. Companies are required to apply the guidance in the year of adoption with the cumulative effect recognized at the date of initial application (referred to as the modified retrospective approach). The Company is in the process of evaluating the impact that the new standard will have on its consolidated financial statements. In April 2015, the FASB issued an accounting standards update relating to the presentation of debt issuance costs. The accounting update requires companies to present debt issuance costs related to a recognized debt liability presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. In addition, in August 2015, the FASB issued an accounting standards update to incorporate an SEC staff announcement that the SEC staff will not object to an entity presenting debt issuance costs related to line-of-credit arrangements as an asset regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The guidance is effective for the Company's fiscal year beginning January 1, 2016. The Company adopted the new guidance effective January 1, 2016. As a result, the Company now presents deferred financing costs associated with its senior unsecured notes as a deduction to the debt liability. In addition, as the Company was required to adopt the guidance on a retrospective basis, the Company reclassified amounts in its December 31, 2015 balance sheet to conform to the current period presentation. See Note 9 for further information related to the amounts presented as a deduction to the liability. As it relates to the Company's revolving credit facility, the associated deferred financing costs will continue to be presented within other assets. In February 2015, the FASB issued an accounting standards update to amend existing guidance relating to the evaluation of certain legal entities for potential consolidation. The amendments modify the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. In addition, the amendments modify the guidance on evaluating whether a fee paid to a decision maker or a service provider represents a variable interest and whether it should be included in the evaluation of the economics criterion in determining which party is the primary beneficiary of a VIE. In accordance with the accounting standards update, companies are required to reevaluate all legal entities that are considered VIEs to determine whether there is a change in the conclusion as to whether the VIE should be consolidated. The guidance is effective for the Company's fiscal year beginning January 1, 2016, with early adoption permitted. The Company adopted the new guidance effective January 1, 2016. The adoption of this guidance did not change the Company's existing conclusions related to its VIEs and voting interest entities and, as a result, the adoption did not have an impact to the Company's consolidated financial statements. In May 2014, the FASB issued an accounting standards update to provide companies with a single model for use in accounting for revenue from contracts with customers. Once it becomes effective, the new guidance will replace most existing revenue recognition guidance in U.S. GAAP, including industry-specific guidance. The core principle of the model is to recognize revenue when control of goods or services transfers to the customer and in an amount that reflects the consideration that the Company expects to be entitled to in exchange for those goods or services that have transferred. Under current U.S. GAAP, the Company recognizes revenue when the risks and rewards of ownership transfer to the customer. In addition, the new guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing and uncertainty of revenue that is recognized and the related cash flows. The guidance is effective for the Company's fiscal year beginning January 1, 2018, including interim periods within that fiscal year. Early adoption is permitted but no earlier than the Company's fiscal year beginning January 1, 2017. Companies are permitted to either apply the guidance retrospectively to all prior periods presented or, alternatively, apply the guidance in the year of adoption with the cumulative effect recognized at the date of initial application (referred to as the modified retrospective approach). The Company does not expect that it will early adopt this standard. The Company is in the process of concluding on the method of adoption, as well as evaluating the impact that the new standard will have on its consolidated financial statements. However, the Company currently expects that it will adopt the new guidance under the full retrospective approach.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments The fair value of cash and cash equivalents, accounts payable, advances and amounts outstanding under the revolving credit facility approximates carrying value due to the short-term maturity of such instruments and floating interest rates. As of June 30, 2016 , the fair value of trade accounts receivable approximated the carrying value due to the similarities in the initial and current discount rates. In addition, as of June 30, 2016 , the fair value and the carrying value of the principal amount of the senior unsecured notes was $316.4 million and $300.0 million , respectively. The fair value of trade accounts receivable and the senior unsecured notes was determined (for purposes of these disclosures) using significant unobservable inputs by performing a discounted cash flow analysis and using current discount rates as appropriate for each type of instrument. The Company has short-term money market investments which are classified as cash and cash equivalents on the consolidated balance sheets. The fair value of these investments at June 30, 2016 and December 31, 2015 was measured based on quoted prices in active markets.

Film and Other Inventory Costs

Film and Other Inventory Costs	6 Months Ended
	Jun. 30, 2016
Film Costs [Abstract]
Film And Other Inventory Costs	Film and Other Inventory Costs Film, television and other inventory costs consist of the following (in thousands): June 30, December 31, In release, net of amortization: Feature films $ 284,368 $ 227,372 Television series and specials 141,520 124,911 In production: Feature films 274,079 308,114 Television series and specials 48,974 50,810 In development: Feature films 94,986 99,541 Television series and specials 1,220 846 Product inventory and other (1) 8,177 8,860 Total film, television and other inventory costs, net $ 853,324 $ 820,454 _____________________ (1) As of June 30, 2016 and December 31, 2015 , this category included $5.6 million and $6.7 million , respectively, of physical inventory primarily related to certain titles for distribution in the home entertainment market. The Company anticipates that approximately 56% and 89% of the above "in release" film and other inventory costs as of June 30, 2016 will be amortized over the next 12 months and three years, respectively. No impairment charges were recorded on film and other inventory costs during the six months ended June 30, 2016. During the six months ended June 30, 2015, impairment charges recorded on film and other inventory costs were immaterial.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets As of June 30, 2016 and December 31, 2015 , intangible assets included $69.4 million of indefinite-lived intangible assets comprised of character rights. In addition, intangible assets included definite-lived intangible assets as follows (in thousands, unless otherwise noted): Weighted Average Estimated Useful Life (in years) Gross Accumulated Amortization Impact of Foreign Currency Translation Net As of June 30, 2016: Character rights 13.9 $ 99,000 $ (24,902 ) $ (4,867 ) $ 69,231 Distribution rights 11.2 30,000 (6,187 ) — 23,813 Trademarks and trade names 10.0 1,410 (426 ) — 984 Other intangibles 4.4 2,700 (1,491 ) — 1,209 Total $ 133,110 $ (33,006 ) $ (4,867 ) $ 95,237 As of December 31, 2015: Character rights 13.9 $ 99,000 $ (21,150 ) $ (2,734 ) $ 75,116 Distribution rights 11.2 30,000 (4,671 ) — 25,329 Trademarks and trade names 10.0 1,410 (356 ) — 1,054 Other intangibles 4.4 2,700 (1,271 ) — 1,429 Total $ 133,110 $ (27,448 ) $ (2,734 ) $ 102,928

Investments in Unconsolidated E

Investments in Unconsolidated Entities	6 Months Ended
	Jun. 30, 2016
Investments in Unconsolidated Entities [Abstract]
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities The Company has made investments in entities which are accounted for under either the cost or equity method of accounting. These investments are classified as investments in unconsolidated entities in the consolidated balance sheets and consist of the following (in thousands, unless otherwise indicated): Ownership Percentage at June 30, December 31, June 30, 2016 2016 2015 Oriental DreamWorks Holding Limited 45.45% $ 22,329 $ 16,814 Total equity method investments 22,329 16,814 Total cost method investments 17,500 16,000 Total investments in unconsolidated entities $ 39,829 $ 32,814 As of March 31, 2015, the Company determined that one of its equity method investments was impaired and that the carrying value would not be recoverable, primarily due to the Company's concerns related to the investee's financial condition. As a result, the six-month period ended June 30, 2015 includes an impairment charge in the amount of $5.1 million related to such investment, which was classified as other income/expense, net, on the Company's consolidated statement of operations. Under the equity method of accounting, the carrying value of an investment is adjusted for the Company's proportionate share of the investees' earnings and losses (adjusted for the amortization of any differences in the Company's basis, with respect to the Company's investment in ODW, compared to the Company's share of venture-level equity), as well as contributions to and distributions from the investee. The Company classifies its share of income or loss from investments accounted for under the equity method as income/loss from equity method investees in its consolidated statements of operations. Loss from equity method investees consist of the following (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Oriental DreamWorks Holding Limited (1) $ (3,572 ) $ (2,775 ) $ (1,030 ) $ (8,173 ) All Other — — — (964 ) Loss from equity method investees $ (3,572 ) $ (2,775 ) $ (1,030 ) $ (9,137 ) ____________________ (1) The Company currently records its share of ODW results on a one-month lag. Accordingly, the Company's consolidated financial statements include its share of income earned or losses incurred by ODW from the period beginning and ending one month prior to the period shown in the table. The following table presents summarized financial information for ODW (in thousands): June 30, December 31, 2016 2015 Current assets $ 82,563 $ 49,427 Noncurrent assets $ 72,132 $ 73,340 Current liabilities $ 54,852 $ 28,114 Noncurrent liabilities $ 155 $ 233 Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Revenues $ 15,412 $ 8,529 $ 75,661 $ 11,147 Costs of revenues $ 12,837 $ 7,104 $ 63,037 $ 9,811 Net loss $ 8,291 $ 6,749 $ 3,191 $ 19,325 Oriental DreamWorks Holding Limited On April 3, 2013 ("ODW Closing Date"), the Company formed a Chinese Joint Venture, ODW (or the "Chinese Joint Venture"), through the execution of a Transaction and Contribution Agreement, as amended, with its Chinese partners, China Media Capital (Shanghai) Center L.P. ("CMC"), Shanghai Media Group ("SMG") and Shanghai Alliance Investment Co., Ltd. ("SAIL", and together with CMC and SMG, the "CPE Holders"). In exchange for 45.45% of the equity of ODW, the Company has committed to making a total cash capital contribution to ODW of $50.0 million (of which $17.0 million had been funded as of June 30, 2016 , with the balance to be funded over time) and non-cash contributions valued at approximately $100.0 million (of which approximately $52.7 million had been satisfied as of June 30, 2016 ). Such non-cash contributions include licenses of technology and certain other intellectual property of the Company, rights in certain trademarks of the Company, two in-development feature film projects developed by the Company and consulting and training services. During the six months ended June 30, 2016 , the Company's consolidated statements of operations included $2.5 million of revenues recognized in connection with non-cash contributions made to ODW. In addition, the Company's consolidated statements of operations included other operating income recognized in connection with non-cash contributions made to ODW of $2.5 million and $1.7 million during the three months ended June 30, 2016 and 2015 , respectively, and $4.0 million during each of the six -month periods ended June 30, 2016 and 2015. As of June 30, 2016 , the Company's remaining contributions consisted of the following: (i) $33.0 million in cash (which is expected to be funded over the next two years), (ii) two of the Company's in-development film projects, (iii) remaining delivery requirements under the license of technology and (iv) approximately $6.3 million in consulting and training services. Some of these remaining contribution commitments will require future cash outflows for which the Company is not currently able to estimate the timing of contributions as this will depend on, among other things, ODW's operations. Basis Differences. The Company's investment in ODW does not equal the venture-level equity (the amount recorded on the balance sheet of ODW) due to various basis differences. Basis differences related to definite-lived assets are being amortized based on the useful lives of the related assets. Basis differences related to indefinite-lived assets are not being amortized. The following are the differences between the Company's venture-level equity and the balance of its investment in ODW (in thousands): June 30, December 31, 2016 2015 Company's venture-level equity $ 45,309 $ 42,914 Technology and intellectual property licenses (1) (542 ) (6,833 ) Other (2) (22,438 ) (19,267 ) Total ODW investment recorded $ 22,329 $ 16,814 ____________________ (1) Represents differences between the Company's historical cost basis and the equity basis reflected at the venture-level (the amount recorded on the balance sheet of ODW) related to the Company's contributions of technology and intellectual property licenses. These basis differences arise because the contributed assets are recorded at fair value by ODW. (2) Represents the Company's net contribution commitment due to ODW. Other Transactions with ODW. The Company has various other transactions with ODW, a related party. The Company has entered into a distribution agreement with ODW for the distribution of the Company's feature films in China. In addition, from time to time, the Company may provide consulting and training services to ODW, the charges of which are based on the Company's actual cost of providing such services. The Company's consolidated statements of operations included revenues earned primarily through ODW's distribution of its feature films of $3.1 million and $24.6 million during the three- and six- month periods ended June 30, 2016 , respectively, and $4.4 million and $4.8 million during the three- and six- month periods ended June 30, 2015 , respectively. As of June 30, 2016 and December 31, 2015 , the Company's consolidated balance sheets included receivables from ODW of $4.1 million and $4.7 million , respectively, which were classified as a component of trade accounts receivable, and $23.4 million and $1.1 million , respectively, which were classified as a component of receivables from distributors. During the six months ended June 30, 2016 , the Company released Kung Fu Panda 3 , a feature film that is the subject of a collaborative production and distribution arrangement among the Company, ODW and certain other parties. Under this arrangement, each party is responsible for certain production costs and the Company only records the portion of the production costs that it incurred. The other parties only have rights to exploit the title for its initial theatrical release in China. The Company records revenues earned from the exploitation of the title in China net of permissible marketing and distribution expenses, similar to its other titles that are distributed by ODW.

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following (in thousands): June 30, December 31, 2016 2015 Employee compensation $ 55,451 $ 85,616 Participations and residuals 43,955 46,562 Interest payable 8,037 8,069 Deferred rent 10,778 10,446 Other accrued liabilities 54,718 48,972 Total accrued liabilities $ 172,939 $ 199,665 As of June 30, 2016 , the Company estimates that over the next 12 months it will pay approximately $21.0 million of its accrued participation and residual costs.

Deferred Revenue and Other Adva

Deferred Revenue and Other Advances	6 Months Ended
	Jun. 30, 2016
Deferred Revenue Disclosure [Abstract]
Deferred Revenue and Other Advances	Deferred Revenue and Other Advances The following is a summary of deferred revenue and other advances included in the consolidated balance sheets as of June 30, 2016 and December 31, 2015 and the related amounts earned and recorded either as revenue in the consolidated statements of operations or recorded as an offset to other costs (as described below) for the three- and six- month periods ended June 30, 2016 and 2015 (in thousands): Amounts Earned Three Months Ended Six Months Ended June 30, December 31, June 30, June 30, 2016 2015 2016 2015 2016 2015 Deferred Revenue (1) $ 5,900 $ 25,035 $ 14,641 $ 3,994 $ 27,715 $ 4,112 Strategic Alliance/Development Advances (2) 2,103 1,826 8,485 5,793 11,099 13,477 Other (3) 46,568 47,798 19,573 13,525 38,408 28,072 Total deferred revenue and other advances $ 54,571 $ 74,659 ______________________ (1) "Deferred revenue" consists of those arrangements related to the licensing of content for distribution in the home entertainment, television and new media markets. (2) Of the total amounts earned against the "Strategic Alliance/Development Advances," for the three months ended June 30, 2016 and 2015 , $4.3 million and $1.7 million , respectively, and $4.7 million and $5.7 million for the six months ended June 30, 2016 and 2015 , respectively, were capitalized as an offset to property, plant and equipment. Additionally, during the three months ended June 30, 2016 and 2015 , of the total amounts earned, $2.8 million and $1.4 million , respectively, and for the six months ended June 30, 2016 and 2015 , $2.8 million and $1.9 million , respectively, were recorded as a reduction to other assets. During the six months ended June 30, 2016 and 2015 , $0.7 million and $1.5 million , respectively, were recorded as a reduction to prepaid expenses. Lastly, during the three months ended June 30, 2016 and 2015 , of the total amounts earned, $0.3 million and $0.5 million , respectively, and for the six months ended June 30, 2016 and 2015 , $0.7 million and $1.1 million , respectively, were recorded as a reduction to operating expenses. (3) "Other" consists of all remaining arrangements that result in deferred revenue or other advances and are related to a variety of activities that result in amounts being earned to either revenues or other income.

Financing Arrangements

Financing Arrangements	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Financing Arrangements	Financing Arrangements Senior Unsecured Notes. On August 14, 2013, the Company issued $300.0 million in aggregate principal amount of 6.875% Senior Notes due 2020 (the "Notes"). In connection with the issuance of the Notes, the Company entered into an indenture (the "Indenture") with The Bank of New York Mellon Trust Company, N.A., as trustee, specifying the terms of the Notes. The Notes were sold at a price to investors of 100% of their principal amount and were issued in a private placement pursuant to the exemptions under Rule 144A and Regulation S under the Securities Act of 1933, as amended. The net proceeds from the Notes amounted to $294.0 million and a portion was used to repay the outstanding borrowings under the Company's revolving credit facility. The Notes are effectively subordinated to indebtedness under the revolving credit facility. The Company is required to pay interest on the Notes semi-annually in arrears on February 15 and August 15 of each year. The principal amount is due upon maturity. The Notes are guaranteed by all of the Company's domestic subsidiaries that also guarantee its revolving credit facility. The Indenture contains certain restrictions and covenants that, subject to certain exceptions, limit the Company's ability to incur additional indebtedness, pay dividends or repurchase the Company's common shares, make certain loans or investments, and sell or otherwise dispose of certain assets, among other limitations. The Indenture also contains customary events of default, which, if triggered, may accelerate payment of principal, premium, if any, and accrued but unpaid interest on the Notes. Such events of default include non-payment of principal and interest, non-performance of covenants and obligations, default on other material debt, failure to satisfy material judgments and bankruptcy or insolvency. If a change of control as described in the Indenture occurs, the Company may be required to offer to purchase the Notes from the holders thereof at a repurchase price equal to 101% of their principal amount, plus accrued and unpaid interest, if any, to, but not including, the date of repurchase. At any time prior to August 15, 2016, the Company may redeem all or part of the Notes at a redemption price equal to the sum of (i) 100% of the principal amount thereof, plus (ii) a specified premium as of the date of redemption, plus (iii) accrued and unpaid interest to, but not including, the date of redemption, subject to the rights of holders of Notes on the relevant record date to receive interest due on the relevant interest payment date. On or after August 15, 2016, the Company may redeem all or a part of the Notes, at specified redemption prices plus accrued and unpaid interest thereon, to, but not including, the applicable redemption date, subject to the rights of holders of Notes on the relevant record date to receive interest due on the relevant interest payment date. In addition, at any time prior to August 15, 2016, the Company may redeem up to 35% of the Notes with the net proceeds of certain equity offerings at a redemption price equal to 106.875% of the principal amount thereof, in each case plus accrued and unpaid interest and additional interest, if any, thereon to, but not including, the redemption date. The Company presents deferred financing costs associated with its senior unsecured notes as a direct deduction from the carrying amount of the liability (refer to Note 2 for further information). Senior unsecured notes, net of deferred financing costs, as presented on the Company's consolidated balance sheets consist of the following (in thousands): June 30, December 31, 2016 2015 Senior unsecured notes, principal balance $ 300,000 $ 300,000 Less: unamortized deferred financing costs (4,335 ) (4,866 ) Senior unsecured notes, net of deferred financing costs $ 295,665 $ 295,134 Revolving Credit Facility. Prior to February 20, 2015, the Company had a revolving credit facility with a number of banks which allowed the Company to borrow up to a maximum of $400.0 million ("Prior Credit Agreement"). On February 20, 2015, the Company and the facility banks amended and restated the Prior Credit Agreement by entering into an Amended and Restated Credit Agreement (the "Restated Credit Agreement"). The Restated Credit Agreement allows the Company to have outstanding borrowings of up to $450.0 million at any one time, on a revolving basis. The Company and one or more of the lenders may from time to time, so long as no default or event of default has occurred under the Restated Credit Agreement, agree to increase the commitments under the Restated Credit Agreement by up to $50.0 million . As of June 30, 2016 , the Company had $342.0 million of availability under its revolving credit facility. Under the Restated Credit Agreement, the Company is required to pay a commitment fee on undrawn amounts at an annual rate of 0.375% . Interest on borrowed amounts (per draw) is determined by reference to either (i) the lending banks' base rate plus 1.50% per annum or (ii) the London Interbank Offered Rate ("LIBOR") plus 2.50% per annum. The Restated Credit Agreement also contains a sublimit for letters of credit. The Company is required to pay to the lenders under the Restated Credit Agreement a letter of credit participation fee equal to the applicable margin for LIBOR-based borrowings on the average daily undrawn amount of outstanding letters of credit and pay to each issuer of letters of credit a letter of credit fronting fee equal to 0.125% per annum on the average daily undrawn amount of outstanding letters of credit issued by such letter of credit issuer. The Restated Credit Agreement requires the Company to maintain a specified ratio of total debt to total capitalization, and limits the outstanding credit exposure under the Restated Credit Agreement to a specified ratio of net remaining ultimates to the outstanding credit exposure under the Restated Credit Agreement, plus an additional amount based on the valuation of the Company's film library. Subject to specified exceptions, the Restated Credit Agreement also restricts the Company and substantially all of its subsidiaries from taking certain actions, such as granting liens, entering into any merger or other significant transactions, making distributions (including dividends), entering into transactions with affiliates, agreeing to negative pledge clauses and restrictions on subsidiary distributions, and modifying organizational documents. The obligations of the Company under the Restated Credit Agreement are guaranteed by substantially all the subsidiaries of the Company organized under the laws of the United States of America, and substantially all the tangible and intangible assets of the Company and such subsidiaries are pledged as collateral against borrowings under the Restated Credit Agreement. Lease Financing Obligation. On February 23, 2015, the Company, as seller, entered into a purchase agreement (the "Glendale Purchase Agreement") with a third party buyer ("Landlord") involving the Company's headquarters facility located in Glendale, California (the "Property"). In addition, the Company entered into a sharing agreement (the "Sharing Agreement") with the Landlord whereby the Company will either pay or receive 50% of the net appreciation or depreciation in the sale price of the Property if the Landlord sells the property to a third-party prior to February 23, 2016. Concurrently with the sale of the Property, the Company and Landlord entered into a lease agreement (the "Lease"), pursuant to which Landlord leased the Property to the Company commencing immediately following the consummation of the sale. The Company initially accounted for the sale and lease arrangement (as described above) as a financing transaction as it did not qualify for sale-leaseback accounting treatment because of the Company's continuing involvement through the Sharing Agreement. Under the financing accounting method, the Property assets remain on the Company's consolidated balance sheets and proceeds received by the Company are recorded as a financing liability. Payments under the Lease are applied as payments of deemed principal and imputed interest on the underlying financing obligation. On July 21, 2015, the Company's Landlord sold the Property to an unaffiliated third party for a total sale price of $215.0 million . Pursuant to the Sharing Agreement, the Company received approximately $14.2 million from the Landlord following such sale and these additional proceeds were recorded as an increase to the lease financing obligation. Upon receipt of these proceeds, the Company concluded that it no longer had continuing involvement beyond a normal leaseback of the Property. As a result, the Company further concluded that the transaction may be accounted for as a sale and operating leaseback on a prospective basis. Accordingly, the Company's lease financing obligation balance was reduced to zero, its property, plant and equipment balance was reduced by $109.4 million , representing the net book value (as of July 21, 2015) of the assets sold, and the Company recorded a deferred gain on the sale-leaseback transaction in the amount of $88.5 million . The deferred gain is being amortized on a straight-line basis over the remaining initial lease term and recorded as a component of other operating income. Additional Financing Information Interest Capitalized to Film Costs. Interest on borrowed funds that are invested in major projects with substantial development or construction phases is capitalized as part of the asset cost until the projects are released or construction projects are put into service. Thus, capitalized interest is amortized over future periods on a basis consistent with that of the asset to which it relates. During the three months ended June 30, 2016 and 2015 , the Company incurred interest costs totaling $6.9 million and $10.0 million , respectively, of which $1.3 million and $1.4 million , respectively, were capitalized to film costs. During the six months ended June 30, 2016 and 2015 , the Company incurred interest costs totaling $13.6 million and $18.5 million , respectively, of which $2.1 million and $2.4 million , respectively, were capitalized to film costs. As of June 30, 2016 , the Company was in compliance with all applicable financial debt covenants.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company typically determines its interim income tax provision by using the estimated annual effective tax rate and applying that rate to income/loss on a current year-to-date basis, adjusted for the tax effects of items that relate discretely to the interim period, if any. However, if minor changes to forecasted annual pre-tax earnings have a significant effect on the estimated annual effective tax rate, or if a reliable estimate of the annual effective tax rate cannot otherwise be made, the Company may determine that this method would not be appropriate and that a different method should be applied. Furthermore, as a result of a partial increase in the tax basis of the Company's tangible and intangible assets attributable to transactions entered into by affiliates controlled by a former stockholder at the time of the Company's 2004 initial public offering ("Tax Basis Increase"), the Company may pay reduced tax amounts to the extent it generates sufficient taxable income in the future (refer to the Company's 2015 Form 10-K for a more detailed description). The Company is obligated to remit to the affiliate of the former stockholder 85% of any realized cash savings in U.S. Federal income tax, California franchise tax and certain other related tax benefits. Due to the effect of this arrangement on the Company's provision for income taxes, the Company also combines the effect of the increase/decrease in income tax benefit payable to former stockholder (referred to as the combined effective tax rate). For the three and six months ended June 30, 2016, the Company determined that the annual effective tax rate method would not represent a reliable estimate of the interim income tax provision. As a result, the Company utilized a discrete period method to calculate taxes for the three and six months ended June 30, 2016. Under the discrete period method, the Company determined the income tax provision based upon actual results as if the interim period were an annual period. For the three and six months ended June 30, 2015, the Company utilized the annual effective tax rate method (as described above) to calculate the income tax provision. For the three and six months ended June 30, 2016, the Company recorded a provision for income taxes of $1.3 million and $2.5 million , respectively, or an effective tax rate of 48.6% and 15.4% , respectively. The Company's combined effective tax rate for the three and six months ended June 30, 2016 was also 48.6% and 15.4% , respectively, as the Company did not record an increase nor a decrease to the Payable to Former Stockholder in its statements of operations. For the three and six months ended June 30, 2015, the Company recorded a provision for income taxes of $1.8 million and $4.2 million , respectively, or an effective tax rate of (5.8)% and (5.0)% , respectively. For the three and six months ended June 30, 2015, the Company's combined effective tax rate was (29.3)% and (13.5)% , respectively. The Company's effective tax rate and combined effective tax rate for the three and six months ended June 30, 2015 were negative due to a loss before income taxes. The Company's effective tax rates and combined effective tax rates for the three and six months ended June 30, 2016 and 2015 were primarily attributable to foreign taxes, as well as the effect of a valuation allowance. In addition, as it relates to the three- and six-month periods ended June 30, 2015, the combined effective tax rates were also attributable to an increase in the Company's income tax benefit payable to former stockholder. The Company's federal income tax returns for the tax years ended December 31, 2007 through 2009 and for the years ended December 31, 2012 through 2013 are currently under examination by the Internal Revenue Service, and tax years subsequent to 2013 remain open to audit. The Company's California state tax returns for all years subsequent to 2010 remain open to audit. The Company's India subsidiary's income tax returns are currently under examination for the tax years ended March 31, 2013 through 2014.

Stockholders' Equity and Non-Co

Stockholders' Equity and Non-Controlling Interests	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity and Non-Controlling Interests	Stockholders' Equity and Non-Controlling Interests Class A Common Stock Stock Repurchase Program. In July 2010, the Company's Board of Directors authorized a stock repurchase program pursuant to which the Company may repurchase up to an aggregate of $150.0 million of its outstanding stock. During the three and six months ended June 30, 2016 and 2015 , the Company did not repurchase any shares of its Class A Common Stock. As of June 30, 2016 , the Company's remaining authorization under the current stock repurchase program was $100.0 million . Non-Controlling Interests The Company's consolidated balance sheets include non-controlling interests, which are presented as a separate component of equity. A non-controlling interest represents the other equity holder's interest in a joint venture that the Company consolidates. The net income or loss attributable to the non-controlling interests is presented in the Company's consolidated statements of operations. There is no other comprehensive income or loss attributable to the non-controlling interests. Additional Equity Information The following table presents the changes in equity for the six- month periods ended June 30, 2016 and 2015 (in thousands): DreamWorks Animation SKG, Inc. Stockholders' Equity Non-Controlling Interests Total Equity Balance as of December 31, 2015 $ 1,143,517 $ 55,323 $ 1,198,840 Stock-based compensation 17,103 — 17,103 Purchase of treasury shares (1) (4,761 ) — (4,761 ) Foreign currency translation adjustments (3,794 ) — (3,794 ) Distributions to non-controlling interest holder — (225 ) (225 ) Net income (loss) 16,170 (2,629 ) 13,541 Balance as of June 30, 2016 $ 1,168,235 $ 52,469 $ 1,220,704 Balance as of December 31, 2014 $ 1,156,357 $ 38,041 $ 1,194,398 Stock-based compensation 15,729 — 15,729 Purchase of treasury shares (1) (3,066 ) — (3,066 ) DreamWorks Animation SKG, Inc. Stockholders' Equity Non-Controlling Interests Total Equity Foreign currency translation adjustments 42 — 42 Capital contribution from non-controlling interest holder — 15,000 15,000 Distributions to non-controlling interest holder — (813 ) (813 ) Net loss (93,360 ) (1,569 ) (94,929 ) Balance as of June 30, 2015 $ 1,075,702 $ 50,659 $ 1,126,361 ____________________ (1) Represents repurchases in order to satisfy tax obligations resulting from the vesting of restricted stock awards.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company recognizes compensation costs for equity awards granted to its employees based on each award's grant-date fair value. Most of the Company's equity awards contain vesting conditions dependent upon the completion of specified service periods or achievement of established sets of performance criteria. Compensation cost for service-based equity awards is recognized ratably over the requisite service period. Compensation cost for certain performance-based awards is recognized using a graded expense-attribution method and is adjusted to reflect the estimated probability of vesting. The Company has granted performance-based awards where the value of the award upon vesting will vary depending on the level of performance ultimately achieved. The Company recognizes compensation cost for these awards based on the level of performance expected to be achieved. The Company will recognize the impact of any change in estimate in the period of the change. Generally, equity awards are forfeited by employees who terminate prior to vesting. However, employment contracts for certain executive officers and other employees provide for the acceleration of vesting in the event of a change in control or specified termination events. The Company currently satisfies exercises of stock options and stock appreciation rights, the vesting of restricted stock and the delivery of shares upon the vesting of restricted stock units with the issuance of new shares. The impact of stock-based compensation awards on net income (excluding amounts capitalized) for the three- and six- month periods ended June 30, 2016 and 2015 were as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Total stock-based compensation $ 7,236 $ 6,328 $ 12,097 $ 10,727 Tax impact (1) (3,517 ) 1,854 (1,863 ) 1,448 Reduction in net income, net of tax $ 3,719 $ 8,182 $ 10,234 $ 12,175 ____________________ (1) Tax impact is determined at the Company's combined effective tax rate, which includes the statements of operations line item "Increase in income tax benefit payable to former stockholder" (see Note 10). Stock-based compensation cost capitalized as a part of film costs was $2.4 million and $2.5 million for the three-month periods ended June 30, 2016 and 2015 , respectively, and $4.8 million and $4.8 million for the six- month periods ended June 30, 2016 and 2015 , respectively. The following table sets forth the number and weighted average grant-date fair value of equity awards granted during the three- and six- month periods ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended June 30, June 30, Number Granted Weighted Average Grant-Date Fair Value Number Granted Weighted Average Grant-Date Fair Value (in thousands) (in thousands) 2016 Restricted stock units 183 $ 40.07 488 $ 30.60 2015 Restricted stock units 132 $ 25.76 909 $ 22.04 As of June 30, 2016 , the total compensation cost related to unvested equity awards granted to employees (excluding equity awards with performance objectives not probable of achievement) but not yet recognized was approximately $60.8 million and will be amortized on a straight-line basis, or using a graded-attribution method for certain performance-based awards, over a weighted average period of 1.7 years. As previously described in Note 1, there is a pending acquisition of the Company by Comcast. The Company expects that, upon closing of the Merger, any unamortized stock-based compensation expense (including the expense for equity awards with performance objectives that are outstanding at the time of the closing) will be accelerated and recorded as a general and administrative expense at that time.

Reportable Segments

Reportable Segments	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Reportable Segments	Reportable Segments The Company's current reportable segments are the following: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films consists of the development, production and exploitation of feature films in the theatrical, television, home entertainment and digital markets. Television Series and Specials consists of the development, production and exploitation of television, direct-to-video and other non-theatrical content in the television, home entertainment and digital markets. Consumer Products consists of the Company's merchandising and licensing activities related to the exploitation of its intellectual property rights. New Media consists of the Company's ATV and related businesses. This segment primarily generates revenues from the production and distribution of content across a variety of channels, including theatrical, home entertainment, television and online video-on-demand, and sponsorship arrangements. Operating segments that are not separately reportable are categorized in "All Other." Segment performance is evaluated based on revenues and segment gross profit. The Company does not allocate assets to each of its operating segments, nor do the Company's chief operating decision makers evaluate operating segments using discrete asset information. The Company's Ultimate Revenues for each film or television series/specials title include revenues attributable to the consumer products market. Prior to January 1, 2016, the Company allocated a portion of the amortization of capitalized film and television series/specials cost to the Consumer Products segment based on the proportion of revenues generated in the consumer products market in relation to total revenues for that title for any given period. Beginning January 1, 2016, the Company changed the method in which intellectual property costs are charged to the Consumer Products segment. As a result, effective January 1, 2016, amortization of capitalized production costs are no longer shared and allocated with the Consumer Products segment from the originating segment (Feature Films or Television Series and Specials). Instead, the Consumer Products segment is charged a royalty fee for use of intellectual property developed by other segments. The royalty fee is based on an established percentage applied against consumer products revenues earned by a particular property and is reflected as intersegment revenues in each of the impacted segments. Ultimate Revenues and the amortization of capitalized production costs remain unchanged as this change only relates to the method by which costs are allocated to the Consumer Products segment. Information on the reportable segments and a reconciliation of total segment revenues and segment gross profit to consolidated financial statements are presented below (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 (1) 2016 2015 (1) Revenues Feature Films Third parties $ 96,637 $ 87,810 $ 190,695 $ 215,830 Intersegment 1,160 447 1,415 1,116 Total Feature Films segment revenues 97,797 88,257 192,110 216,946 Television Series and Specials Third parties 70,896 54,529 127,776 72,542 Intersegment 888 236 998 346 Total Television Series and Specials segment revenues 71,784 54,765 128,774 72,888 Consumer Products Third parties 25,464 12,670 47,207 27,786 Intersegment (2,048 ) (683 ) (2,413 ) (1,462 ) Total Consumer Products segment revenues 23,416 11,987 44,794 26,324 New Media 27,578 14,550 42,806 19,133 All Other 351 1,223 2,884 2,021 Total consolidated revenues $ 220,926 $ 170,782 $ 411,368 $ 337,312 Segment gross profit (2) Feature Films $ 40,108 $ 29,298 $ 66,220 $ 67,390 Television Series and Specials 22,056 19,195 43,122 22,656 Consumer Products 13,216 4,212 28,208 13,625 New Media 17,560 7,472 24,073 9,587 All Other (141 ) 416 1,344 911 Total segment gross profit $ 92,799 $ 60,593 $ 162,967 $ 114,169 Reconciliation to consolidated income (loss) before income taxes: Selling and marketing expenses (3) 1,252 1,827 1,742 3,513 General and administrative expenses 87,612 80,736 147,862 169,878 Product development expenses 595 1,592 1,140 1,924 Other operating income (6,077 ) (1,719 ) (11,018 ) (4,000 ) Non-operating expenses, net 3,118 12,659 6,213 24,484 Loss from equity method investees 3,572 2,775 1,030 9,137 Total consolidated income (loss) before income taxes $ 2,727 $ (37,277 ) $ 15,998 $ (90,767 ) ____________________ (1) Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed. (2) The Company defines segment gross profit as segment revenues less segment costs of revenues (which is comprised of costs of revenues and certain costs classified as a component of "selling and marketing" in its statements of operations). (3) Represents certain selling and marketing expenses that are not included as a component of segment gross profit due to the general nature of such expenses.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Transactions with ODW. During the three and six months ended June 30, 2016 and 2015 , the Company had various transactions with a related party, ODW. See Note 6 for further discussion related to these transactions. Transactions with Universal Music Group. One of the Company's directors, Lucian Grainge, is the chief executive officer of Universal Music Group ("UMG"). From time to time, the Company and UMG (including its subsidiaries) make payments to each other in connection with the licensing of music that is owned by the other company. In addition, UMG serves as the Company's music publisher. Finally, UMG and ATV have formed joint ventures related to the music business. For the three and six months ended June 30, 2016 , revenues from UMG were $0.4 million and $2.0 million , respectively, and expenses incurred were not material. As it relates to these arrangements, for the three and six months ended June 30, 2015, revenues recognized and expenses incurred were not material. As of June 30, 2016 and December 31, 2015 , the Company's deferred revenue and other advances (see Note 8) included the balance of a cash advance received in the amount of $3.3 million and $4.3 million , respectively, related to music licensing revenues. Transactions with Vessel. One of the Company's directors, Jason Kilar, is the chief executive officer and a significant stockholder in Vessel, a start-up subscription Internet video service company. Vessel has entered into (and is expected to continue to enter into) content and referral agreements with clients of ATV. The agreements in effect provide for certain minimum payments to ATV clients, with additional payments depending on applicable advertising and subscription revenues. Although ATV is not a party to these agreements, it will receive a percentage of the amounts paid to its clients under the terms of its arrangements with its individual clients. During the three and six months ended June 30, 2016 and 2015 , amounts received under these arrangements were immaterial.

Concentrations of Credit Risk

Concentrations of Credit Risk	6 Months Ended
	Jun. 30, 2016
Risks and Uncertainties [Abstract]
Concentrations of Credit Risk	Concentrations of Credit Risk A substantial portion of the Company's revenue is derived directly from the Company's primary third-party distributors, Fox and Paramount. Fox represented approximately 23% and 41% of total revenues for the three-month periods ended June 30, 2016 and 2015 , respectively, and 23% and 34% for the six- month periods ended June 30, 2016 and 2015 , respectively. As it relates to the three- and six- month periods ended June 30, 2016 , Paramount represented approximately 17% and 14% , respectively, of total revenues. In addition, revenues earned through license arrangements with Netflix, Inc. ("Netflix") represented approximately 30% of total revenues for each of the three-month periods ended June 30, 2016 and 2015 , and 28% and 37% during the six- month periods ended June 30, 2016 and 2015, respectively. As of each of June 30, 2016 and December 31, 2015 , approximately 66% of the Company's trade accounts receivable balance consisted of long-term receivables related to licensing arrangements with Netflix.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings Shareholder Class Action Lawsuit. In August 2014, two putative shareholder class action lawsuits alleging violations of federal securities laws were filed against the Company and several of its officers and directors in the U.S. District Court for the Central District of California. These lawsuits have been consolidated and generally assert that, between October 29, 2013 and July 29, 2014, the Company and certain of its officers and directors made alleged material misstatements and omissions regarding the financial performance of Turbo . The consolidated lawsuit seeks to recover damages on behalf of shareholders as well as other equitable and unspecified monetary relief. On April 1, 2015, the court granted the Company's motion to dismiss the consolidated securities class action lawsuit and the case was dismissed with prejudice on May 19, 2015. The plaintiffs filed a notice of appeal on June 18, 2015, and the matter currently is pending before the United States Court of Appeals for the Ninth Circuit. The Company intends to vigorously defend against this consolidated lawsuit. At this time the Company is unable to reasonably predict the ultimate outcome of this consolidated lawsuit, nor can it reasonably estimate a range of possible loss. Antitrust Class Action. In September and October 2014, three putative class action lawsuits alleging violations of federal and state antitrust laws were filed against the Company and various other companies in the U.S. District Court for the Northern District of California. These lawsuits have been consolidated and generally assert that the defendants agreed to restrict competition through non-solicitation agreements and agreements to fix wage and salary ranges. The lawsuits seek to recover damages on behalf of all animation and visual effect workers employed by the defendants during various periods between 2004 and 2010. On May 25, 2016, the Court granted-in-part plaintiffs' motion for class certification. The Company intends to vigorously defend against these lawsuits. At this time the Company is unable to reasonably predict the ultimate outcome of these lawsuits, nor can it reasonably estimate a range of possible loss. Merger-Related Litigation. On June 27, 2016, Ann Arbor City Employees Retirement System, a purported stockholder of the Company ("AACERS"), filed a putative class action complaint against Jeffrey Katzenberg, the Company's Chief Executive Officer and controlling stockholder and a director in the Court of Chancery of the State of Delaware. The complaint alleges that (1) Mr. Katzenberg, as the Company's controlling stockholder, breached his fiduciary duties to the Company's other stockholders by, among other things, entering into a consulting agreement with Comcast pursuant to which he will receive certain profits interests in two of the Company's majority-owned subsidiaries, (2) Mr. Katzenberg violated the Company's Restated Certificate of Incorporation and thus breached a contract with the Company and the Company's other stockholders by entering into the consulting agreement, and (3) Mr. Katzenberg violated an implied covenant of good faith and fair dealing by entering into the consulting agreement. AACERS has asked the Court to, among other things, (i) order Mr. Katzenberg to share the profit interests resulting from the consulting agreement, pro rata, with the Company's other stockholders, and (ii) award AACERS's attorney's fees and other costs associated with the action. On July 29, 2016, Kenneth Bumba, a purported stockholder of the Company, filed a putative class action complaint against the Company, Mr. Katzenberg, each of the Company's other directors and Comcast in the Court of Chancery of the State of Delaware. The complaint alleges that (1) Mr. Katzenberg breached his fiduciary duty to the Company's stockholders by, among other things, entering into the consulting agreement with Comcast pursuant to which he will receive the profits interests and that the other directors violated their fiduciary duties to the Company's stockholders by, among other things, allowing Mr. Katzenberg to enter into that agreement, (2) the directors violated the Company's Restated Certificate of Incorporation and thus breached a contract with the Company and the Company's stockholders by allowing Mr. Katzenberg to enter into the consulting agreement, and (3) the directors violated an implied covenant of good faith and fair dealing by allowing Mr. Katzenberg to enter into the consulting agreement. The complaint also alleges that the information statement distributed to stockholders was materially deficient, that the Company violated its obligation under Delaware law to provide prompt written notice to other stockholders regarding the transaction and that Comcast aided and abetted the breaches of fiduciary duty by the directors. The plaintiff in the action has asked for relief similar to that requested in the AACERS lawsuit. Because the complaints have only recently been filed, the Company is unable to reasonably predict the ultimate outcome of these lawsuits, nor can it reasonably estimate a range of possible loss, at this time. Pursuant to Mr. Katzenberg's employment agreement, the Company has agreed to indemnify him to the fullest extent permitted by law against any claims or losses arising in connection with his service to the Company or any affiliate. Other Legal Matters. From time to time, the Company is involved in legal proceedings arising in the ordinary course of its business, typically intellectual property litigation and infringement claims related to the Company's feature films and other commercial activities, which could cause the Company to incur significant expenses or prevent the Company from releasing a film or other properties. The Company also has been the subject of patent and copyright claims relating to technology and ideas that it may use or feature in connection with the production, marketing or exploitation of the Company's feature films and other properties, which may affect the Company's ability to continue to do so. Furthermore, from time to time the Company may introduce new products or services, including in areas where it currently does not operate, which could increase its exposure to litigation and claims by competitors, consumers or other intellectual property owners. Defending intellectual property litigation is costly and can impose a significant burden on management and employees, and there can be no assurances that favorable final outcomes will be obtained in all cases. While the resolution of these matters cannot be predicted with certainty, the Company does not believe, based on current knowledge, that any existing legal proceedings or claims (other than those previously described) are likely to have a material effect on its financial position, results of operations or cash flows. Other Commitments and Contingencies Contributions to ODW . The Company has committed to making certain contributions in connection with the formation of ODW. Refer to Note 6 for further discussion related to these commitments. Merger-Related . In connection with the pending acquisition of the Company by Comcast (see Note 1 for further detail), the Company implemented a retention bonus plan to retain employees during the pendancy of the transaction and a post-closing transitional period. As a result, the Company has committed to bonus payouts in the aggregate of approximately $17.3 million , of which $1.2 million was recorded as an expense during the three months ended June 30, 2016. The Company expects that approximately half of the aggregate commitment will be paid upon closing of the merger and the remainder will be paid no later than six months thereafter. However, in the event that there is a termination of the merger, only half of the aggregate commitment will be paid. Purchase Obligations. During the year ended December 31, 2015, the Company entered into an agreement with one of its suppliers which committed the Company to minimum purchase obligations of certain capital assets intended to be resold in connection with one of the Company's Consumer Products segment activities. As of June 30, 2016 , remaining minimum purchase obligations totaled $11.7 million and are contractually due in 2016. Prior to resale, in the Company's consolidated balance sheets, these assets are included in prepaid expenses to the extent that advance deposits have been made for such assets (as of June 30, 2016 , this amount was $6.3 million ), or in other assets to the extent that the Company has received the asset from its supplier (as of June 30, 2016 , this amount was $12.0 million ). Thus far, the Company's sales with respect to these assets have been less than the Company's initial projections. Similar to other asset balances, the Company evaluates these assets for impairment on an annual basis, or sooner, if indicators of impairment exist. In the event that the Company determines that the assets' fair value is less than the carrying value, the Company would be required to record an impairment charge with respect to some or all of the amounts currently included in its balance sheet for these assets.

Earnings Per Share Data

Earnings Per Share Data	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share Data	Earnings Per Share Data The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Numerator: Net income (loss) attributable to DreamWorks Animation SKG, Inc. $ 2,334 $ (38,583 ) $ 16,170 $ (93,360 ) Denominator: Weighted average common shares and denominator for basic calculation: Weighted average common shares outstanding 86,627 85,777 86,513 85,793 Less: Unvested restricted stock — (45 ) — (119 ) Denominator for basic calculation 86,627 85,732 86,513 85,674 Weighted average effects of dilutive stock-based compensation awards: Restricted stock awards 2,818 — 2,390 — Denominator for diluted calculation 89,445 85,732 88,903 85,674 Net income (loss) per share—basic $ 0.03 $ (0.45 ) $ 0.19 $ (1.09 ) Net income (loss) per share—diluted $ 0.03 $ (0.45 ) $ 0.18 $ (1.09 ) The following table sets forth (in thousands) the weighted average number of options to purchase shares of common stock, stock appreciation rights, restricted stock awards and equity awards subject to performance conditions which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive: Three Months Ended Six Months Ended June 30, June 30, 2016 2015 (1) 2016 2015 (1) Restricted stock awards 64 393 59 555 ____________________ (1) Due to the Company's loss for the three- and six-month periods ended June 30, 2015, all potential common stock equivalents are anti-dilutive. The following table sets forth (in thousands) the number of equity awards that are contingently issuable (assuming the required performance conditions had been satisfied as of the dates shown in the table) and that could potentially dilute earnings per share in future periods provided that the Company has net income: Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Restricted stock awards 686 1,372 686 1,372

Restructuring and Related Charg

Restructuring and Related Charges	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Charges	Restructuring and Related Charges 2015 Restructuring Plan On January 22, 2015, the Company announced its restructuring initiatives (the "2015 Restructuring Plan") that are intended to refocus the Company's core feature animation business. In connection with the 2015 Restructuring Plan, the Company made changes in its senior leadership team and also made changes based on its reevaluation of the Company's feature film slate. The 2015 Restructuring Plan activities resulted, or will result, in charges related to employee-related costs resulting from headcount reductions, lease obligations and other costs associated with the closure of one of the Company's facilities, accelerated depreciation and amortization charges, write-offs related to the recoverability of capitalized costs for certain unreleased productions and other contractual obligations. Certain of these costs were incurred during the three months ended December 31, 2014 and the remainder of the costs were primarily incurred during the year ended December 31, 2015. As of June 30, 2016, the Company expected that it would incur aggregate costs of $241.3 million in connection with the 2015 Restructuring Plan (excluding additional labor and other excess costs), of which $240.3 million had been incurred through June 30, 2016. The actions associated with the restructuring plan primarily impacted the Feature Films segment and were substantially completed during 2015. Impact to Financial Results For the three and six months ended June 30, 2016 and 2015 , the Company incurred charges for the Company's 2015 Restructuring Plan as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Employee termination costs $ 26 $ 560 $ (644 ) $ 5,147 Relocation and other employee-related costs 283 1,885 539 3,381 Accelerated depreciation and amortization charges — 10,853 — 20,132 Total restructuring charges $ 309 $ 13,298 $ (105 ) $ 28,660 Employee termination costs consist of severance and benefits (including stock-based compensation) which are accounted for based on the type of employment arrangement between the Company and the employee. Certain of these arrangements include obligations that are accounted for as non-retirement postemployment benefits. The Company also employs individuals under employment contracts. Charges related to non-retirement postemployment benefits and amounts due under employment contracts for employees who will no longer provide services are accrued when probable and estimable. Severance and benefit costs related to all other employees are accounted for in accordance with accounting guidance on costs associated with exit or disposal activities. Such costs were recorded during the year ended December 31, 2015 as this was the period in which the terms of the restructuring plan had been established, management with the appropriate authority committed to the plan and communication to employees had occurred. Such costs are classified in general and administrative expenses in the Company's consolidated statements of operations. Cumulative employee termination costs related to the 2015 Restructuring Plan were attributable to approximately 500 employees. Relocation and other employee-related costs primarily consist of costs to relocate employees from the Company's Northern California facility to its Southern California facility. Such costs are expensed as incurred and are classified within general and administrative expenses. Accelerated depreciation and amortization charges for the 2015 Restructuring Plan were determined in accordance with FASB guidance on accounting for the impairment or disposal of long-lived assets. The estimated useful lives of certain property, plant and equipment changed as a result of the Company's decision to exit its Northern California facility. Such costs are classified within general and administrative expenses. Liability Rollforward The following table represents a rollforward of the liability incurred for employee termination benefits (excluding stock-based compensation) in connection with the 2015 Restructuring Plan for the six- month periods ended June 30, 2016 and 2015 (in thousands): Balance at Beginning of Year Costs Incurred Changes in Estimate (1) Payments and Other Balance at June 30 2016 $ 11,969 $ — $ (644 ) $ (6,222 ) $ 5,103 2015 $ 36,808 $ 10,286 $ (4,378 ) $ (16,386 ) $ 26,330 ____________________ (1) During the six months ended June 30, 2016, changes in estimate were primarily a result of the Company's ability to reduce severance payments to former employees who obtain subsequent employment during their respective severance periods. During the six months ended June 30, 2015, changes in estimate were primarily a result of a higher number of employees accepting relocation offers than the Company initially estimated.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events The Company entered into a Unit Purchase Agreement (the "Purchase Agreement") with ATV, Hearst and Verizon, pursuant to which, on July 13, 2016 (the "Closing"), Verizon acquired from the Company and ATV a 24.5% equity interest in ATV for a purchase price of $159.0 million , and Hearst acquired from ATV additional equity interests in ATV to maintain a 24.5% equity interest. As a result, the Company's equity interest in ATV was reduced to 51.0% upon the Closing of the transaction. The Company continues to consolidate the results of ATV as it continues to retain control over the operations of ATV. Upon the Closing of the transaction, the Company received $168.0 million of aggregate gross proceeds from Verizon and Hearst, which has not been reduced for direct transaction costs.

Business and Basis of Present26

Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation	Consolidation The consolidated financial statements of the Company present the financial position, results of operations and cash flows of DreamWorks Animation and its wholly-owned and majority-owned subsidiaries. The Company also consolidates less-than-wholly owned entities if the Company has a controlling financial interest in that entity. The Company uses the equity method of accounting for investments in companies in which it has a 50% or less ownership interest and has the ability to exercise significant influence. Such investments are presented as investments in unconsolidated entities on the Company's consolidated balance sheets (refer to Note 6 for further information of such investments). Prior to recording its share of net income or losses from equity method investees, investee financial statements are converted to U.S. GAAP. All significant intercompany accounts and transactions have been eliminated. Intra-entity profit related to transactions with equity method investees is eliminated until the amounts are ultimately realized.
Consolidation, Variable Interest Entity	In addition, the Company reviews its relationships with other entities to identify whether they are variable interest entities ("VIE") as defined by the Financial Accounting Standards Board ("FASB"), and to assess whether the Company is the primary beneficiary of such entity. If the determination is made that the Company is the primary beneficiary, then the entity is consolidated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The most significant estimates made by management in the preparation of the financial statements relate to the following: • ultimate revenues and ultimate costs of film and television product; • relative selling price of the Company's products for purposes of revenue allocation in multi-property licenses and other multiple deliverable arrangements; • determination of the fair value of reporting units for purposes of testing goodwill for impairment; • determination of fair value of non-cash contributions to investments in unconsolidated entities; • useful lives of intangible assets; • product sales that will be returned and the amount of receivables that ultimately will be collected; • the potential outcome of future tax consequences of events that have been recognized in the Company's financial statements; • loss contingencies; and • assumptions used in the determination of the fair value of equity-based awards for stock-based compensation or their probability of vesting. Actual results could differ from those estimates. To the extent that there are material differences between these estimates and actual results, the Company's financial condition or results of operations will be affected. Estimates are based on past experience and other assumptions that management believes are reasonable under the circumstances, and management evaluates these estimates on an ongoing basis.
Recent accounting pronouncements	Recent Accounting Pronouncements In March 2016, the FASB issued an accounting standards update to simplify certain provisions related to the accounting for stock-based compensation. First, the guidance requires the income tax effects of stock-based compensation awards to be recognized in the income statement when the awards vest or are settled and is to be applied on a prospective basis. The guidance also requires the presentation of excess tax benefits as an operating activity on the statements of cash flows rather than as a financing activity, and this presentation can be applied retrospectively or prospectively. The guidance also increases the amount companies can withhold to cover income taxes on awards without triggering liability classification for shares used to satisfy statutory income tax withholding obligations and requires application of a modified retrospective transition method for this provision. Lastly, the new guidance allows the Company to make an entity-wide election to either continue estimating the number of awards that are expected to vest or account for forfeitures as they occur. The guidance is effective for the Company's fiscal years beginning January 1, 2017, including interim periods within that fiscal year, with early adoption permitted. However, all provisions would need to be adopted in the same period. The Company is in the process of evaluating the impact that the new standard will have on its consolidated financial statements. In February 2016, the FASB issued an accounting standards update to increase transparency and comparability among companies by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Once it becomes effective, the new guidance will replace existing lease accounting guidance in U.S. GAAP. Under the new standard, lessees will recognize in its balance sheets a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. The guidance is effective for the Company's fiscal year beginning January 1, 2019, including interim periods within that fiscal year, with early adoption permitted. Companies are required to apply the guidance in the year of adoption with the cumulative effect recognized at the date of initial application (referred to as the modified retrospective approach). The Company is in the process of evaluating the impact that the new standard will have on its consolidated financial statements. In April 2015, the FASB issued an accounting standards update relating to the presentation of debt issuance costs. The accounting update requires companies to present debt issuance costs related to a recognized debt liability presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. In addition, in August 2015, the FASB issued an accounting standards update to incorporate an SEC staff announcement that the SEC staff will not object to an entity presenting debt issuance costs related to line-of-credit arrangements as an asset regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The guidance is effective for the Company's fiscal year beginning January 1, 2016. The Company adopted the new guidance effective January 1, 2016. As a result, the Company now presents deferred financing costs associated with its senior unsecured notes as a deduction to the debt liability. In addition, as the Company was required to adopt the guidance on a retrospective basis, the Company reclassified amounts in its December 31, 2015 balance sheet to conform to the current period presentation. See Note 9 for further information related to the amounts presented as a deduction to the liability. As it relates to the Company's revolving credit facility, the associated deferred financing costs will continue to be presented within other assets. In February 2015, the FASB issued an accounting standards update to amend existing guidance relating to the evaluation of certain legal entities for potential consolidation. The amendments modify the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. In addition, the amendments modify the guidance on evaluating whether a fee paid to a decision maker or a service provider represents a variable interest and whether it should be included in the evaluation of the economics criterion in determining which party is the primary beneficiary of a VIE. In accordance with the accounting standards update, companies are required to reevaluate all legal entities that are considered VIEs to determine whether there is a change in the conclusion as to whether the VIE should be consolidated. The guidance is effective for the Company's fiscal year beginning January 1, 2016, with early adoption permitted. The Company adopted the new guidance effective January 1, 2016. The adoption of this guidance did not change the Company's existing conclusions related to its VIEs and voting interest entities and, as a result, the adoption did not have an impact to the Company's consolidated financial statements. In May 2014, the FASB issued an accounting standards update to provide companies with a single model for use in accounting for revenue from contracts with customers. Once it becomes effective, the new guidance will replace most existing revenue recognition guidance in U.S. GAAP, including industry-specific guidance. The core principle of the model is to recognize revenue when control of goods or services transfers to the customer and in an amount that reflects the consideration that the Company expects to be entitled to in exchange for those goods or services that have transferred. Under current U.S. GAAP, the Company recognizes revenue when the risks and rewards of ownership transfer to the customer. In addition, the new guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing and uncertainty of revenue that is recognized and the related cash flows. The guidance is effective for the Company's fiscal year beginning January 1, 2018, including interim periods within that fiscal year. Early adoption is permitted but no earlier than the Company's fiscal year beginning January 1, 2017. Companies are permitted to either apply the guidance retrospectively to all prior periods presented or, alternatively, apply the guidance in the year of adoption with the cumulative effect recognized at the date of initial application (referred to as the modified retrospective approach). The Company does not expect that it will early adopt this standard. The Company is in the process of concluding on the method of adoption, as well as evaluating the impact that the new standard will have on its consolidated financial statements. However, the Company currently expects that it will adopt the new guidance under the full retrospective approach.
Fair Value of Financial Instruments	The fair value of cash and cash equivalents, accounts payable, advances and amounts outstanding under the revolving credit facility approximates carrying value due to the short-term maturity of such instruments and floating interest rates. As of June 30, 2016 , the fair value of trade accounts receivable approximated the carrying value due to the similarities in the initial and current discount rates. In addition, as of June 30, 2016 , the fair value and the carrying value of the principal amount of the senior unsecured notes was $316.4 million and $300.0 million , respectively. The fair value of trade accounts receivable and the senior unsecured notes was determined (for purposes of these disclosures) using significant unobservable inputs by performing a discounted cash flow analysis and using current discount rates as appropriate for each type of instrument. The Company has short-term money market investments which are classified as cash and cash equivalents on the consolidated balance sheets. The fair value of these investments at June 30, 2016 and December 31, 2015 was measured based on quoted prices in active markets.

Film and Other Inventory Costs

Film and Other Inventory Costs (Tables)	6 Months Ended
	Jun. 30, 2016
Film Costs [Abstract]
Film, television and other inventory costs	Film, television and other inventory costs consist of the following (in thousands): June 30, December 31, In release, net of amortization: Feature films $ 284,368 $ 227,372 Television series and specials 141,520 124,911 In production: Feature films 274,079 308,114 Television series and specials 48,974 50,810 In development: Feature films 94,986 99,541 Television series and specials 1,220 846 Product inventory and other (1) 8,177 8,860 Total film, television and other inventory costs, net $ 853,324 $ 820,454 _____________________ (1) As of June 30, 2016 and December 31, 2015 , this category included $5.6 million and $6.7 million , respectively, of physical inventory primarily related to certain titles for distribution in the home entertainment market.

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of definite-lived assets	In addition, intangible assets included definite-lived intangible assets as follows (in thousands, unless otherwise noted): Weighted Average Estimated Useful Life (in years) Gross Accumulated Amortization Impact of Foreign Currency Translation Net As of June 30, 2016: Character rights 13.9 $ 99,000 $ (24,902 ) $ (4,867 ) $ 69,231 Distribution rights 11.2 30,000 (6,187 ) — 23,813 Trademarks and trade names 10.0 1,410 (426 ) — 984 Other intangibles 4.4 2,700 (1,491 ) — 1,209 Total $ 133,110 $ (33,006 ) $ (4,867 ) $ 95,237 As of December 31, 2015: Character rights 13.9 $ 99,000 $ (21,150 ) $ (2,734 ) $ 75,116 Distribution rights 11.2 30,000 (4,671 ) — 25,329 Trademarks and trade names 10.0 1,410 (356 ) — 1,054 Other intangibles 4.4 2,700 (1,271 ) — 1,429 Total $ 133,110 $ (27,448 ) $ (2,734 ) $ 102,928

Investments in Unconsolidated29

Investments in Unconsolidated Entities (Tables)	6 Months Ended
	Jun. 30, 2016
Investments in Unconsolidated Entities [Abstract]
Schedule of cost and equity method investments	These investments are classified as investments in unconsolidated entities in the consolidated balance sheets and consist of the following (in thousands, unless otherwise indicated): Ownership Percentage at June 30, December 31, June 30, 2016 2016 2015 Oriental DreamWorks Holding Limited 45.45% $ 22,329 $ 16,814 Total equity method investments 22,329 16,814 Total cost method investments 17,500 16,000 Total investments in unconsolidated entities $ 39,829 $ 32,814
Schedule of (loss) income from equity method investments	Loss from equity method investees consist of the following (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Oriental DreamWorks Holding Limited (1) $ (3,572 ) $ (2,775 ) $ (1,030 ) $ (8,173 ) All Other — — — (964 ) Loss from equity method investees $ (3,572 ) $ (2,775 ) $ (1,030 ) $ (9,137 ) ____________________ (1) The Company currently records its share of ODW results on a one-month lag. Accordingly, the Company's consolidated financial statements include its share of income earned or losses incurred by ODW from the period beginning and ending one month prior to the period shown in the table.
Schedule of equity method investment information	The following table presents summarized financial information for ODW (in thousands): June 30, December 31, 2016 2015 Current assets $ 82,563 $ 49,427 Noncurrent assets $ 72,132 $ 73,340 Current liabilities $ 54,852 $ 28,114 Noncurrent liabilities $ 155 $ 233 Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Revenues $ 15,412 $ 8,529 $ 75,661 $ 11,147 Costs of revenues $ 12,837 $ 7,104 $ 63,037 $ 9,811 Net loss $ 8,291 $ 6,749 $ 3,191 $ 19,325 The following are the differences between the Company's venture-level equity and the balance of its investment in ODW (in thousands): June 30, December 31, 2016 2015 Company's venture-level equity $ 45,309 $ 42,914 Technology and intellectual property licenses (1) (542 ) (6,833 ) Other (2) (22,438 ) (19,267 ) Total ODW investment recorded $ 22,329 $ 16,814 ____________________ (1) Represents differences between the Company's historical cost basis and the equity basis reflected at the venture-level (the amount recorded on the balance sheet of ODW) related to the Company's contributions of technology and intellectual property licenses. These basis differences arise because the contributed assets are recorded at fair value by ODW. (2) Represents the Company's net contribution commitment due to ODW.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Schedule of accrued liabilities	Accrued liabilities consist of the following (in thousands): June 30, December 31, 2016 2015 Employee compensation $ 55,451 $ 85,616 Participations and residuals 43,955 46,562 Interest payable 8,037 8,069 Deferred rent 10,778 10,446 Other accrued liabilities 54,718 48,972 Total accrued liabilities $ 172,939 $ 199,665

Deferred Revenue and Other Ad31

Deferred Revenue and Other Advances (Tables)	6 Months Ended
	Jun. 30, 2016
Deferred Revenue Disclosure [Abstract]
Summary of deferred revenue and other advances included in the consolidated balance sheets	The following is a summary of deferred revenue and other advances included in the consolidated balance sheets as of June 30, 2016 and December 31, 2015 and the related amounts earned and recorded either as revenue in the consolidated statements of operations or recorded as an offset to other costs (as described below) for the three- and six- month periods ended June 30, 2016 and 2015 (in thousands): Amounts Earned Three Months Ended Six Months Ended June 30, December 31, June 30, June 30, 2016 2015 2016 2015 2016 2015 Deferred Revenue (1) $ 5,900 $ 25,035 $ 14,641 $ 3,994 $ 27,715 $ 4,112 Strategic Alliance/Development Advances (2) 2,103 1,826 8,485 5,793 11,099 13,477 Other (3) 46,568 47,798 19,573 13,525 38,408 28,072 Total deferred revenue and other advances $ 54,571 $ 74,659 ______________________ (1) "Deferred revenue" consists of those arrangements related to the licensing of content for distribution in the home entertainment, television and new media markets. (2) Of the total amounts earned against the "Strategic Alliance/Development Advances," for the three months ended June 30, 2016 and 2015 , $4.3 million and $1.7 million , respectively, and $4.7 million and $5.7 million for the six months ended June 30, 2016 and 2015 , respectively, were capitalized as an offset to property, plant and equipment. Additionally, during the three months ended June 30, 2016 and 2015 , of the total amounts earned, $2.8 million and $1.4 million , respectively, and for the six months ended June 30, 2016 and 2015 , $2.8 million and $1.9 million , respectively, were recorded as a reduction to other assets. During the six months ended June 30, 2016 and 2015 , $0.7 million and $1.5 million , respectively, were recorded as a reduction to prepaid expenses. Lastly, during the three months ended June 30, 2016 and 2015 , of the total amounts earned, $0.3 million and $0.5 million , respectively, and for the six months ended June 30, 2016 and 2015 , $0.7 million and $1.1 million , respectively, were recorded as a reduction to operating expenses. (3) "Other" consists of all remaining arrangements that result in deferred revenue or other advances and are related to a variety of activities that result in amounts being earned to either revenues or other income.

Financing Arrangements (Tables)

Financing Arrangements (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of financing arrangements	The Company presents deferred financing costs associated with its senior unsecured notes as a direct deduction from the carrying amount of the liability (refer to Note 2 for further information). Senior unsecured notes, net of deferred financing costs, as presented on the Company's consolidated balance sheets consist of the following (in thousands): June 30, December 31, 2016 2015 Senior unsecured notes, principal balance $ 300,000 $ 300,000 Less: unamortized deferred financing costs (4,335 ) (4,866 ) Senior unsecured notes, net of deferred financing costs $ 295,665 $ 295,134

Stockholders' Equity and Non-33

Stockholders' Equity and Non-Controlling Interests (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Schedule of stockholders equity and non-controlling interest	The following table presents the changes in equity for the six- month periods ended June 30, 2016 and 2015 (in thousands): DreamWorks Animation SKG, Inc. Stockholders' Equity Non-Controlling Interests Total Equity Balance as of December 31, 2015 $ 1,143,517 $ 55,323 $ 1,198,840 Stock-based compensation 17,103 — 17,103 Purchase of treasury shares (1) (4,761 ) — (4,761 ) Foreign currency translation adjustments (3,794 ) — (3,794 ) Distributions to non-controlling interest holder — (225 ) (225 ) Net income (loss) 16,170 (2,629 ) 13,541 Balance as of June 30, 2016 $ 1,168,235 $ 52,469 $ 1,220,704 Balance as of December 31, 2014 $ 1,156,357 $ 38,041 $ 1,194,398 Stock-based compensation 15,729 — 15,729 Purchase of treasury shares (1) (3,066 ) — (3,066 ) DreamWorks Animation SKG, Inc. Stockholders' Equity Non-Controlling Interests Total Equity Foreign currency translation adjustments 42 — 42 Capital contribution from non-controlling interest holder — 15,000 15,000 Distributions to non-controlling interest holder — (813 ) (813 ) Net loss (93,360 ) (1,569 ) (94,929 ) Balance as of June 30, 2015 $ 1,075,702 $ 50,659 $ 1,126,361 ____________________ (1) Represents repurchases in order to satisfy tax obligations resulting from the vesting of restricted stock awards.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of impact of stock-based compensation awards on net income	The impact of stock-based compensation awards on net income (excluding amounts capitalized) for the three- and six- month periods ended June 30, 2016 and 2015 were as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Total stock-based compensation $ 7,236 $ 6,328 $ 12,097 $ 10,727 Tax impact (1) (3,517 ) 1,854 (1,863 ) 1,448 Reduction in net income, net of tax $ 3,719 $ 8,182 $ 10,234 $ 12,175 ____________________ (1) Tax impact is determined at the Company's combined effective tax rate, which includes the statements of operations line item "Increase in income tax benefit payable to former stockholder" (see Note 10).
Schedule of number and weighted average grant date fair value of equity awards granted	The following table sets forth the number and weighted average grant-date fair value of equity awards granted during the three- and six- month periods ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended June 30, June 30, Number Granted Weighted Average Grant-Date Fair Value Number Granted Weighted Average Grant-Date Fair Value (in thousands) (in thousands) 2016 Restricted stock units 183 $ 40.07 488 $ 30.60 2015 Restricted stock units 132 $ 25.76 909 $ 22.04

Reportable Segments (Tables)

Reportable Segments (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of segment reporting information	Information on the reportable segments and a reconciliation of total segment revenues and segment gross profit to consolidated financial statements are presented below (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 (1) 2016 2015 (1) Revenues Feature Films Third parties $ 96,637 $ 87,810 $ 190,695 $ 215,830 Intersegment 1,160 447 1,415 1,116 Total Feature Films segment revenues 97,797 88,257 192,110 216,946 Television Series and Specials Third parties 70,896 54,529 127,776 72,542 Intersegment 888 236 998 346 Total Television Series and Specials segment revenues 71,784 54,765 128,774 72,888 Consumer Products Third parties 25,464 12,670 47,207 27,786 Intersegment (2,048 ) (683 ) (2,413 ) (1,462 ) Total Consumer Products segment revenues 23,416 11,987 44,794 26,324 New Media 27,578 14,550 42,806 19,133 All Other 351 1,223 2,884 2,021 Total consolidated revenues $ 220,926 $ 170,782 $ 411,368 $ 337,312 Segment gross profit (2) Feature Films $ 40,108 $ 29,298 $ 66,220 $ 67,390 Television Series and Specials 22,056 19,195 43,122 22,656 Consumer Products 13,216 4,212 28,208 13,625 New Media 17,560 7,472 24,073 9,587 All Other (141 ) 416 1,344 911 Total segment gross profit $ 92,799 $ 60,593 $ 162,967 $ 114,169 Reconciliation to consolidated income (loss) before income taxes: Selling and marketing expenses (3) 1,252 1,827 1,742 3,513 General and administrative expenses 87,612 80,736 147,862 169,878 Product development expenses 595 1,592 1,140 1,924 Other operating income (6,077 ) (1,719 ) (11,018 ) (4,000 ) Non-operating expenses, net 3,118 12,659 6,213 24,484 Loss from equity method investees 3,572 2,775 1,030 9,137 Total consolidated income (loss) before income taxes $ 2,727 $ (37,277 ) $ 15,998 $ (90,767 ) ____________________ (1) Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed. (2) The Company defines segment gross profit as segment revenues less segment costs of revenues (which is comprised of costs of revenues and certain costs classified as a component of "selling and marketing" in its statements of operations). (3) Represents certain selling and marketing expenses that are not included as a component of segment gross profit due to the general nature of such expenses.

Earnings Per Share Data (Tables

Earnings Per Share Data (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computation of basic and diluted net income per share	The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Numerator: Net income (loss) attributable to DreamWorks Animation SKG, Inc. $ 2,334 $ (38,583 ) $ 16,170 $ (93,360 ) Denominator: Weighted average common shares and denominator for basic calculation: Weighted average common shares outstanding 86,627 85,777 86,513 85,793 Less: Unvested restricted stock — (45 ) — (119 ) Denominator for basic calculation 86,627 85,732 86,513 85,674 Weighted average effects of dilutive stock-based compensation awards: Restricted stock awards 2,818 — 2,390 — Denominator for diluted calculation 89,445 85,732 88,903 85,674 Net income (loss) per share—basic $ 0.03 $ (0.45 ) $ 0.19 $ (1.09 ) Net income (loss) per share—diluted $ 0.03 $ (0.45 ) $ 0.18 $ (1.09 )
Weighted average number of options used to purchase shares of common stock, stock appreciation rights, restricted stock awards and equity awards	The following table sets forth (in thousands) the weighted average number of options to purchase shares of common stock, stock appreciation rights, restricted stock awards and equity awards subject to performance conditions which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive: Three Months Ended Six Months Ended June 30, June 30, 2016 2015 (1) 2016 2015 (1) Restricted stock awards 64 393 59 555 ____________________ (1) Due to the Company's loss for the three- and six-month periods ended June 30, 2015, all potential common stock equivalents are anti-dilutive.
Number of equity awards that are contingently issuable	The following table sets forth (in thousands) the number of equity awards that are contingently issuable (assuming the required performance conditions had been satisfied as of the dates shown in the table) and that could potentially dilute earnings per share in future periods provided that the Company has net income: Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Restricted stock awards 686 1,372 686 1,372

Restructuring and Related Cha37

Restructuring and Related Charges (Tables)	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Schedule of restructuring and related charges	For the three and six months ended June 30, 2016 and 2015 , the Company incurred charges for the Company's 2015 Restructuring Plan as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2016 2015 2016 2015 Employee termination costs $ 26 $ 560 $ (644 ) $ 5,147 Relocation and other employee-related costs 283 1,885 539 3,381 Accelerated depreciation and amortization charges — 10,853 — 20,132 Total restructuring charges $ 309 $ 13,298 $ (105 ) $ 28,660 The following table represents a rollforward of the liability incurred for employee termination benefits (excluding stock-based compensation) in connection with the 2015 Restructuring Plan for the six- month periods ended June 30, 2016 and 2015 (in thousands): Balance at Beginning of Year Costs Incurred Changes in Estimate (1) Payments and Other Balance at June 30 2016 $ 11,969 $ — $ (644 ) $ (6,222 ) $ 5,103 2015 $ 36,808 $ 10,286 $ (4,378 ) $ (16,386 ) $ 26,330 ____________________ (1) During the six months ended June 30, 2016, changes in estimate were primarily a result of the Company's ability to reduce severance payments to former employees who obtain subsequent employment during their respective severance periods. During the six months ended June 30, 2015, changes in estimate were primarily a result of a higher number of employees accepting relocation offers than the Company initially estimated.

Business and Basis of Present38

Business and Basis of Presentation (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Apr. 28, 2016	Dec. 11, 2014
Hearst Corporation [Member] | Corporate Joint Venture [Member]
Business Acquisition [Line Items]
Equity interest in joint venture			25.00%
Fox [Member] | Distribution Arrangement [Member]
Business Acquisition [Line Items]
Distribution arrangement, output term	5 years
Period after U.S. home video release that output term will terminate	1 year
Paramount [Member] | Distribution Arrangement [Member]
Business Acquisition [Line Items]
Distribution arrangement, exploitation period	16 years
Dreamworks Animation [Member] | Comcast Corporation [Member]
Business Acquisition [Line Items]
Merger Agreement, price per share (in dollars per share)		$ 41
Merger agreement, potential reverse termination fee		$ 200,000,000
Dreamworks Animation [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Merger agreement, potential termination fee		$ 152,000,000

Financial Instruments (Details)

Financial Instruments (Details) - Senior Unsecured Notes [Member] - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior unsecured notes, fair value	$ 316,400
Senior unsecured notes, carrying value, principal amount	$ 300,000	$ 300,000

Film and Other Inventory Cost40

Film and Other Inventory Costs (Details) - USD ($)		6 Months Ended
		Jun. 30, 2016	Dec. 31, 2015
In release, net of amortization:
Feature films		$ 284,368,000	$ 227,372,000
Television series and specials		141,520,000	124,911,000
In production:
Feature films		274,079,000	308,114,000
Television series and specials		48,974,000	50,810,000
In development:
Feature films		94,986,000	99,541,000
Television series and specials		1,220,000	846,000
Product inventory and other	[1]	8,177,000	8,860,000
Total film, television and other inventory costs, net		853,324,000	820,454,000
Physical inventory		$ 5,600,000	$ 6,700,000
Release costs expected to be amortized over the next 12 months		56.00%
Release costs expected to be amortized over three years		89.00%
Film and other inventory costs impairment		$ 0
[1]	As of June 30, 2016 and December 31, 2015, this category included $5.6 million and $6.7 million, respectively, of physical inventory primarily related to certain titles for distribution in the home entertainment market.

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 69,400	$ 69,400
Finite-Lived Intangible Assets, Net [Abstract]
Gross	133,110	133,110
Accumulated amortization	(33,006)	(27,448)
Impact of foreign currency translation	(4,867)	(2,734)
Net	$ 95,237	$ 102,928
Character Rights [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Weighted average estimated useful life	13 years 10 months 24 days	13 years 10 months 24 days
Gross	$ 99,000	$ 99,000
Accumulated amortization	(24,902)	(21,150)
Impact of foreign currency translation	(4,867)	(2,734)
Net	$ 69,231	$ 75,116
Distribution Rights [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Weighted average estimated useful life	11 years 2 months 12 days	11 years 2 months 12 days
Gross	$ 30,000	$ 30,000
Accumulated amortization	(6,187)	(4,671)
Impact of foreign currency translation	0	0
Net	$ 23,813	$ 25,329
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Weighted average estimated useful life	10 years	10 years
Gross	$ 1,410	$ 1,410
Accumulated amortization	(426)	(356)
Impact of foreign currency translation	0	0
Net	$ 984	$ 1,054
Other Intangibles [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Weighted average estimated useful life	4 years 4 months 24 days	4 years 4 months 24 days
Gross	$ 2,700	$ 2,700
Accumulated amortization	(1,491)	(1,271)
Impact of foreign currency translation	0	0
Net	$ 1,209	$ 1,429

Investments in Unconsolidated42

Investments in Unconsolidated Entities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015	Apr. 03, 2013
Schedule of Cost and Equity Method Investments [Line Items]
Total equity method investments		$ 22,329	$ 16,814
Total cost method investments		17,500	16,000
Investments in unconsolidated entities		$ 39,829	32,814
Equity method investment, impairment charge	$ 5,100
ODW Holding Limited [Member]
Schedule of Cost and Equity Method Investments [Line Items]
Equity method investment, ownership percentage		45.45%		45.45%
Total equity method investments		$ 22,329	$ 16,814

Investments in Unconsolidated43

Investments in Unconsolidated Entities Loss From Equity Investments (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015		Jun. 30, 2016	Jun. 30, 2015
Schedule of Income (Loss) From Equity Method Investments [Line Items]
Loss from equity method investees		$ (3,572)	$ (2,775)	[1]	$ (1,030)	$ (9,137)	[1]
ODW Holding Limited [Member]
Schedule of Income (Loss) From Equity Method Investments [Line Items]
Loss from equity method investees	[2]	(3,572)	(2,775)		(1,030)	(8,173)
All Other [Member]
Schedule of Income (Loss) From Equity Method Investments [Line Items]
Loss from equity method investees		$ 0	$ 0		$ 0	$ (964)
[1]	Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed.
[2]	The Company currently records its share of ODW results on a one-month lag. Accordingly, the Company's consolidated financial statements include its share of income earned or losses incurred by ODW from the period beginning and ending one month prior to the period shown in the table.

Investments in Unconsolidated44

Investments in Unconsolidated Entities Summarized Financial Information (Details) - ODW Holding Limited [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Current assets	$ 82,563		$ 82,563		$ 49,427
Noncurrent assets	72,132		72,132		73,340
Current liabilities	54,852		54,852		28,114
Noncurrent liabilities	155		155		$ 233
Revenues	15,412	$ 8,529	75,661	$ 11,147
Costs of revenues	12,837	7,104	63,037	9,811
Net loss	$ 8,291	$ 6,749	$ 3,191	$ 19,325

Investments in Unconsolidated45

Investments in Unconsolidated Entities Basis Difference In Equity Investment (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Total investment recorded		$ 22,329	$ 16,814
ODW Holding Limited [Member]
Schedule of Equity Method Investments [Line Items]
Company's venture-level equity		45,309	42,914
Total investment recorded		22,329	16,814
ODW Holding Limited [Member] | Technology and Intellectual Property Licenses [Member]
Schedule of Equity Method Investments [Line Items]
Basis differences	[1]	(542)	(6,833)
ODW Holding Limited [Member] | Other [Member]
Schedule of Equity Method Investments [Line Items]
Basis differences	[2]	$ (22,438)	$ (19,267)
[1]	Represents differences between the Company's historical cost basis and the equity basis reflected at the venture-level (the amount recorded on the balance sheet of ODW) related to the Company's contributions of technology and intellectual property licenses. These basis differences arise because the contributed assets are recorded at fair value by ODW.
[2]	Represents the Company's net contribution commitment due to ODW.

Investments in Unconsolidated46

Investments in Unconsolidated Entities Narrative (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2016USD ($)in-development_film_project	Jun. 30, 2015USD ($)		Jun. 30, 2016USD ($)in-development_film_project	Jun. 30, 2015USD ($)		Dec. 31, 2015USD ($)	Apr. 03, 2013USD ($)
Investments in and Advances to Affiliates [Line Items]
Other operating income	$ 6,077	$ 1,719	[1]	$ 11,018	$ 4,000	[1]
Revenues	220,926	170,782	[1]	411,368	337,312	[1]
Trade accounts receivable, net of allowance for doubtful accounts	249,790			249,790			$ 271,466
Receivable from distributors, net of allowance for doubtful accounts	254,918			254,918			230,569
ODW Holding Limited [Member]
Investments in and Advances to Affiliates [Line Items]
Trade accounts receivable, net of allowance for doubtful accounts	4,100			4,100			4,700
Receivable from distributors, net of allowance for doubtful accounts	23,400			23,400			$ 1,100
ODW Holding Limited [Member] | Distribution Arrangement [Member]
Investments in and Advances to Affiliates [Line Items]
Revenues	$ 3,100	4,400		$ 24,600	4,800
ODW Holding Limited [Member]
Investments in and Advances to Affiliates [Line Items]
Equity method investment, ownership percentage	45.45%			45.45%				45.45%
Equity method investment, cash contribution commitment								$ 50,000
Cash contributions satisfied	$ 17,000			$ 17,000
Estimated aggregate value of non-cash contributions								$ 100,000
Value of non-cash contributions satisfied	52,700			52,700
Remaining cash contribution commitment to be paid	$ 33,000			$ 33,000
Payment period for remaining cash contribution commitment				2 years
Remaining number of in-development film projects | in-development_film_project	2			2
Value of consulting and training services rendered	$ 6,300			$ 6,300
ODW Holding Limited [Member] | Non-Cash Contributions [Member]
Investments in and Advances to Affiliates [Line Items]
Other operating income	$ 2,500	$ 1,700		4,000	$ 4,000
Revenues				$ 2,500
[1]	Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed.

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Employee compensation	$ 55,451	$ 85,616
Participations and residuals	43,955	46,562
Interest payable	8,037	8,069
Deferred rent	10,778	10,446
Other accrued liabilities	54,718	48,972
Total accrued liabilities	172,939	$ 199,665
Accrued participation and residual costs estimated to pay over the next 12 months	$ 21,000

Deferred Revenue and Other Ad48

Deferred Revenue and Other Advances (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Deferred Revenue And Other Advances By Category [Line Items]
Total deferred revenue and other advances		$ 54,571		$ 54,571		$ 74,659
Deferred Revenue [Member]
Deferred Revenue And Other Advances By Category [Line Items]
Total deferred revenue and other advances	[1]	5,900		5,900		25,035
Deferred revenue and other advances, amounts earned	[1]	14,641	$ 3,994	27,715	$ 4,112
Strategic Alliance/Development Advances [Member]
Deferred Revenue And Other Advances By Category [Line Items]
Total deferred revenue and other advances	[2]	2,103		2,103		1,826
Deferred revenue and other advances, amounts earned	[2]	8,485	5,793	11,099	13,477
Amount capitalized as offset to property, plant and equipment		4,300	1,700	4,700	5,700
Amount capitalized as offset to other assets		2,800	1,400	2,800	1,900
Amount capitalized as offset to prepaid expenses				700	1,500
Amount recorded as an offset to operating expenses		300	500	700	1,100
Other Advances [Member]
Deferred Revenue And Other Advances By Category [Line Items]
Total deferred revenue and other advances	[3]	46,568		46,568		$ 47,798
Deferred revenue and other advances, amounts earned	[3]	$ 19,573	$ 13,525	$ 38,408	$ 28,072
[1]	"Deferred revenue" consists of those arrangements related to the licensing of content for distribution in the home entertainment, television and new media markets.
[2]	Of the total amounts earned against the "Strategic Alliance/Development Advances," for the three months ended June 30, 2016 and 2015, $4.3 million and $1.7 million, respectively, and $4.7 million and $5.7 million for the six months ended June 30, 2016 and 2015, respectively, were capitalized as an offset to property, plant and equipment. Additionally, during the three months ended June 30, 2016 and 2015, of the total amounts earned, $2.8 million and $1.4 million, respectively, and for the six months ended June 30, 2016 and 2015, $2.8 million and $1.9 million, respectively, were recorded as a reduction to other assets. During the six months ended June 30, 2016 and 2015, $0.7 million and $1.5 million, respectively, were recorded as a reduction to prepaid expenses. Lastly, during the three months ended June 30, 2016 and 2015, of the total amounts earned, $0.3 million and $0.5 million, respectively, and for the six months ended June 30, 2016 and 2015, $0.7 million and $1.1 million, respectively, were recorded as a reduction to operating expenses.
[3]	"Other" consists of all remaining arrangements that result in deferred revenue or other advances and are related to a variety of activities that result in amounts being earned to either revenues or other income.

Financing Arrangements (Details

Financing Arrangements (Details) - USD ($)	Jul. 21, 2015	Feb. 23, 2015	Feb. 20, 2015	Aug. 14, 2013	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Feb. 19, 2015
Debt Instrument [Line Items]
Proceeds from lease financing obligation							$ 0	$ 185,000,000
Percentage of net appreciation or deprecation of sales price due if sold to third-party		50.00%
Proceeds received from sale of property by third party	$ 14,200,000
Sales leaseback transaction, net book value of property, plant and equipment sold	109,400,000
Deferred gain on sale-leaseback transaction	88,500,000
Senior unsecured notes, net of deferred financing costs					$ 295,665,000		295,665,000		$ 295,134,000
Interest costs incurred					6,900,000	$ 10,000,000	13,600,000	18,500,000
Interest costs capitalized					1,300,000	$ 1,400,000	$ 2,100,000	$ 2,400,000
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 300,000,000
Stated interest rate of debt				6.875%
Debt sold to investors, percentage of principal amount sold				100.00%
Proceeds from issuance of long-term debt				$ 294,000,000
Redemption price of principal amount due to change in control, percentage							101.00%
Debt instrument, percent redeemable, certain equity offerings							35.00%
Percentage of redeemable principal amount by Company							106.875%
Senior unsecured notes, principal balance					300,000,000		$ 300,000,000		300,000,000
Less: unamortized deferred financing costs					(4,335,000)		(4,335,000)		(4,866,000)
Senior unsecured notes, net of deferred financing costs					295,665,000		295,665,000		$ 295,134,000
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity										$ 400,000,000
Restated Credit Agreement [Member] | Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 450,000,000
Line of credit, maximum borrowing capacity, potential increase			$ 50,000,000
Remaining borrowing capacity					$ 342,000,000		$ 342,000,000
Annual commitment fee on undrawn amounts of revolving credit facility			0.375%
Interest rate, rate spread over bank base rate			1.50%
Interest rate, rate spread over LIBOR			2.50%
Letter of credit, fronting fee			0.125%
Landlord [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Debt Instrument [Line Items]
Sale price of property	$ 215,000,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Percentage the company is obligated to remit to an affiliate of the former significant stockholder			85.00%
Provision for income taxes	$ 1,327	$ 1,762	$ 2,457	$ 4,162
Effective tax rate	48.60%	(5.80%)	15.40%	(5.00%)
Effective tax rate combined with increase in income tax provision to former stockholder	48.60%	(29.30%)	15.40%	(13.50%)

Stockholders' Equity and Non-51

Stockholders' Equity and Non-Controlling Interests (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Value of shares authorized to be repurchased		$ 150,000,000		$ 150,000,000
Stock repurchase program, remaining authorized repurchase amount		$ 100,000,000		$ 100,000,000
Shares repurchased		0	0	0	0
Increase (Decrease) in Equity [Roll Forward]
Total DreamWorks Animation SKG, Inc. stockholders’ equity, beginning of period				$ 1,143,517,000	$ 1,156,357,000
Non-controlling interests, beginning of period				55,323,000	38,041,000
Total equity, beginning of period				1,198,840,000	1,194,398,000
Stock-based compensation				17,103,000	15,729,000
Purchase of treasury shares	[1]			(4,761,000)	(3,066,000)
Foreign currency translation adjustments		$ (2,971,000)	$ 852,000	(3,794,000)	42,000
Capital contribution from non-controlling interest holder					15,000,000
Distributions to non-controlling interest holder				(225,000)	(813,000)
Net income (loss) attributable to DreamWorks Animation SKG, Inc.		2,334,000	(38,583,000)	16,170,000	(93,360,000)
Less: Net (loss) attributable to non-controlling interests		(934,000)	(456,000)	(2,629,000)	(1,569,000)
Net income (loss)		1,400,000	(39,039,000)	13,541,000	(94,929,000)
Total DreamWorks Animation SKG, Inc. stockholders’ equity, end of period		1,168,235,000	1,075,702,000	1,168,235,000	1,075,702,000
Non-controlling interests, end of period		52,469,000	50,659,000	52,469,000	50,659,000
Total equity		$ 1,220,704,000	$ 1,126,361,000	$ 1,220,704,000	$ 1,126,361,000
[1]	Represents repurchases in order to satisfy tax obligations resulting from the vesting of restricted stock awards.

Stock-Based Compensation Narrat

Stock-Based Compensation Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation, allocation of recognized period costs, capitalized amount	$ 2.4	$ 2.5	$ 4.8	$ 4.8
Stock-based compensation, nonvested awards, total compensation cost not yet recognized	$ 60.8		$ 60.8
Stock-based compensation, nonvested awards, total compensation cost not yet recognized, period of recognition (in years)			1 year 8 months 12 days

Impact of Stock Options and Res

Impact of Stock Options and Restricted Stock Awards on Net Income (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total stock-based compensation		$ 7,236	$ 6,328	$ 12,097	$ 10,727
Tax impact	[1]	(3,517)	1,854	(1,863)	1,448
Reduction in net income, net of tax		$ 3,719	$ 8,182	$ 10,234	$ 12,175
[1]	Tax impact is determined at the Company's combined effective tax rate, which includes the statements of operations line item "Increase in income tax benefit payable to former stockholder" (see Note 10).

Number and Weighted Average Gra

Number and Weighted Average Grant Date Fair Value of Equity Awards Granted (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Number of shares granted	183	132	488	909
Weighted average grant date fair value (in dollars per share)	$ 40.07	$ 25.76	$ 30.60	$ 22.04

Reportable Segments (Details)

Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	[1]	Jun. 30, 2016	Jun. 30, 2015	[1]
Segment Reporting Information [Line Items]
Revenues		$ 220,926	$ 170,782		$ 411,368	$ 337,312
Total segment gross profit	[2]	92,799	60,593		162,967	114,169
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]
Selling and marketing	[3]	1,252	1,827		1,742	3,513
General and administrative		87,612	80,736		147,862	169,878
Product development		595	1,592		1,140	1,924
Other operating income		(6,077)	(1,719)		(11,018)	(4,000)
Non-operating expenses, net		3,118	12,659		6,213	24,484
Loss from equity method investees		3,572	2,775		1,030	9,137
Income (loss) before income taxes		2,727	(37,277)		15,998	(90,767)
Feature Films [Member]
Segment Reporting Information [Line Items]
Revenues		97,797	88,257		192,110	216,946
Total segment gross profit	[2]	40,108	29,298		66,220	67,390
Television Series and Specials [Member]
Segment Reporting Information [Line Items]
Revenues		71,784	54,765		128,774	72,888
Total segment gross profit	[2]	22,056	19,195		43,122	22,656
Consumer Products [Member]
Segment Reporting Information [Line Items]
Revenues		23,416	11,987		44,794	26,324
Total segment gross profit	[2]	13,216	4,212		28,208	13,625
New Media [Member]
Segment Reporting Information [Line Items]
Total segment gross profit	[2]	17,560	7,472		24,073	9,587
All Other [Member]
Segment Reporting Information [Line Items]
Total segment gross profit	[2]	(141)	416		1,344	911
Third Parties [Member] | Feature Films [Member]
Segment Reporting Information [Line Items]
Revenues		96,637	87,810		190,695	215,830
Third Parties [Member] | Television Series and Specials [Member]
Segment Reporting Information [Line Items]
Revenues		70,896	54,529		127,776	72,542
Third Parties [Member] | Consumer Products [Member]
Segment Reporting Information [Line Items]
Revenues		25,464	12,670		47,207	27,786
Third Parties [Member] | New Media [Member]
Segment Reporting Information [Line Items]
Revenues		27,578	14,550		42,806	19,133
Third Parties [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		351	1,223		2,884	2,021
Intersegment [Member] | Feature Films [Member]
Segment Reporting Information [Line Items]
Revenues		1,160	447		1,415	1,116
Intersegment [Member] | Television Series and Specials [Member]
Segment Reporting Information [Line Items]
Revenues		888	236		998	346
Intersegment [Member] | Consumer Products [Member]
Segment Reporting Information [Line Items]
Revenues		$ (2,048)	$ (683)		$ (2,413)	$ (1,462)
[1]	Reflects reclassifications between segments to conform to the current period methodology in allocating costs to the Consumer Products segment as previously discussed.
[2]	The Company defines segment gross profit as segment revenues less segment costs of revenues (which is comprised of costs of revenues and certain costs classified as a component of "selling and marketing" in its statements of operations).
[3]	Represents certain selling and marketing expenses that are not included as a component of segment gross profit due to the general nature of such expenses.

Related Party Transactions (Det

Related Party Transactions (Details) - UMG [Member] - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Revenue from related parties	$ 0.4	$ 2
Related party transaction, cash advance received	$ 3.3	$ 3.3	$ 4.3

Concentrations of Credit Risk (

Concentrations of Credit Risk (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Fox [Member] | Revenues [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	23.00%	41.00%	23.00%	34.00%
Paramount [Member] | Revenues [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	17.00%		14.00%
Netflix [Member] | Revenues [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	30.00%	30.00%	28.00%	37.00%
Netflix [Member] | Accounts Receivable [Member] | Credit Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			66.00%		66.00%

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	1 Months Ended	2 Months Ended	3 Months Ended
	Aug. 31, 2014lawsuit	Oct. 31, 2014lawsuit	Jun. 30, 2016USD ($)
Loss Contingencies [Line Items]
Remaining purchase obligation			$ 11.7
Shareholder Class Action Lawsuit [Member] | Pending Litigation [Member] | Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
Loss contingency, new claims filed | lawsuit	2
Antitrust Class Action [Member] | Pending Litigation [Member] | Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
Loss contingency, new claims filed | lawsuit		3
Prepaid Expenses [Member]
Loss Contingencies [Line Items]
Certain capital assets purchased to be resold			6.3
Other Assets [Member]
Loss Contingencies [Line Items]
Certain capital assets purchased to be resold			12
Dreamworks Animation [Member]
Loss Contingencies [Line Items]
Retention bonus payout commitment			17.3
Retention bonus payment expensed during period			$ 1.2
Retention bonus payout commitment, expected remaining payout, period after closing			6 months
Retention bonus commitment, to be paid upon closing, percent			50.00%
Retention bonus commitment, to be paid if agreement is terminated, percent			50.00%

Computation of Basic and Dilute

Computation of Basic and Diluted Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Numerator:
Net income (loss) attributable to DreamWorks Animation SKG, Inc.	$ 2,334	$ (38,583)	$ 16,170	$ (93,360)
Weighted average common shares and denominator for basic calculation:
Weighted average common shares outstanding (in shares)	86,627	85,777	86,513	85,793
Less: Unvested restricted stock (in shares)	0	(45)	0	(119)
Denominator for basic calculation (in shares)	86,627	85,732	86,513	85,674
Weighted average effects of dilutive stock-based compensation awards:
Denominator for diluted calculation (in shares)	89,445	85,732	88,903	85,674
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ (0.45)	$ 0.19	$ (1.09)
Diluted net income (loss) per share (in dollars per share)	$ 0.03	$ (0.45)	$ 0.18	$ (1.09)
Restricted Stock Awards [Member]
Weighted average effects of dilutive stock-based compensation awards:
Weighted average effects of dilutive stock-based compensation awards (in shares)	2,818	0	2,390	0

Antidilutive Securities (Detail

Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015		Jun. 30, 2016	Jun. 30, 2015
Options to Purchase Shares of Common Stock and Restricted Stock Awards [Member] | Stock Compensation Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	64	393	[1]	59	555	[1]
[1]	Due to the Company's loss for the three- and six-month periods ended June 30, 2015, all potential common stock equivalents are anti-dilutive.

Contingently Issuable Equity Aw

Contingently Issuable Equity Awards (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restricted Stock Awards [Member] | Contingently Issuable Shares [Member]
Contingently Issuable Equity Awards Excluded from Computation of Earnings Per Share [Line Items]
Contingently issuable equity awards	686	1,372	686	1,372

Restructuring and Related Cha62

Restructuring and Related Charges Narrative (Details) - 2015 Restructuring Plan [Member] $ in Millions	Jan. 22, 2015employee	Jun. 30, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Expected costs		$ 241.3
Cost incurred to date		$ 240.3
Cumulative number of positions eliminated | employee	500

Restructuring and Related Cha63

Restructuring and Related Charges Restructuring Costs (Details) - 2015 Restructuring Plan [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Employee termination costs	$ 26	$ 560	$ (644)	$ 5,147
Relocation and other employee-related costs	283	1,885	539	3,381
Accelerated depreciation and amortization charges	0	10,853	0	20,132
Total restructuring charges	$ 309	$ 13,298	$ (105)	$ 28,660

Restructuring and Related Cha64

Restructuring and Related Charges Restructuring Reserve (Details) - 2015 Restructuring Plan [Member] - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Reserve [Roll Forward]
Employee termination costs		$ 26	$ 560	$ (644)	$ 5,147
Employee Termination Benefits [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning of period				11,969	36,808
Employee termination costs				0	10,286
Changes in estimate	[1]			(644)	(4,378)
Payments and other				(6,222)	(16,386)
Restructuring reserve, end of period		$ 5,103	$ 26,330	$ 5,103	$ 26,330
[1]	During the six months ended June 30, 2016, changes in estimate were primarily a result of the Company's ability to reduce severance payments to former employees who obtain subsequent employment during their respective severance periods. During the six months ended June 30, 2015, changes in estimate were primarily a result of a higher number of employees accepting relocation offers than the Company initially estimated.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	Jul. 13, 2016	Jun. 30, 2016	Jun. 30, 2015
Subsequent Event [Line Items]
Capital contribution from non-controlling interest holder		$ 0	$ 15,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Ownership percentage after additional interest holder contributions	51.00%
Capital contribution from non-controlling interest holder	$ 168,000
Subsequent Event [Member] | ATV Joint Venture [Member] | Verizon [Member]
Subsequent Event [Line Items]
Interest acquired	24.50%
Purchase price	$ 159,000
Subsequent Event [Member] | ATV Joint Venture [Member] | Hearst Corporation [Member]
Subsequent Event [Line Items]
Interest acquired	24.50%