Scripps Networks Interactive (SNI) 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document And Entity Information [Line Items]
Entity Registrant Name	Scripps Networks Interactive, Inc.
Entity Central Index Key	1,430,602
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Fiscal Year Focus	2,016
Trading Symbol	SNI
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Common Class A [Member]
Document And Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		95,104,969
Voting Common Stock [Member]
Document And Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		33,850,481

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 216,798	$ 223,444
Accounts receivable, net of allowances: 2016 - $18,525; 2015 - $12,569	763,283	816,679
Programs and program licenses	606,912	588,999
Other current assets	66,782	98,759
Total current assets	1,653,775	1,727,881
Investments	812,337	807,630
Property and equipment, net of accumulated depreciation: 2016 - $311,685; 2015 - $299,153	288,908	293,230
Goodwill	1,822,337	1,804,748
Other intangible assets, net	1,250,033	1,262,664
Programs and program licenses (less current portion)	530,971	522,899
Deferred income taxes	124,341	91,954
Other non-current assets	155,622	161,308
Total Assets	6,638,324	6,672,314
Current liabilities:
Accounts payable	48,042	35,308
Current portion of debt	499,399	499,174
Program rights payable	73,421	68,892
Deferred revenue	86,489	96,040
Employee compensation and benefits	68,767	115,266
Accrued marketing and advertising	7,095	11,437
Other accrued liabilities	268,661	148,532
Total current liabilities	1,051,874	974,649
Debt (less current portion)	3,200,794	3,511,098
Other non-current liabilities	269,106	250,391
Total liabilities	$ 4,521,774	4,736,138
Redeemable non-controlling interests (Note 14)		$ 99,000
SNI shareholders’ equity:
Preferred stock, $0.01 par - authorized: 25,000,000 shares; none outstanding
Common stock	$ 1,290	$ 1,287
Additional paid-in capital	1,366,301	1,347,491
Retained earnings	566,621	305,386
Accumulated other comprehensive loss	(88,749)	(130,233)
Total SNI shareholders’ equity	1,845,463	1,523,931
Non-controlling interest (Note 14)	271,087	313,245
Total equity	2,116,550	1,837,176
Total Liabilities and Equity	6,638,324	6,672,314
Common Class A [Member]
SNI shareholders’ equity:
Common stock	951	948
Voting Common Stock [Member]
SNI shareholders’ equity:
Common stock	$ 339	$ 339

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Allowance for doubtful accounts receivable, current	$ 18,525	$ 12,569
Accumulated depreciation of property and equipment	$ 311,685	$ 299,153
SNI shareholders’ equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	25,000,000	25,000,000
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Class A [Member]
SNI shareholders’ equity:
Common stock, authorized (in shares)	240,000,000	240,000,000
Common stock, issued (in shares)	95,100,709	94,838,600
Common stock, outstanding (in shares)	95,100,709	94,838,600
Voting Common Stock [Member]
SNI shareholders’ equity:
Common stock, authorized (in shares)	60,000,000	60,000,000
Common stock, issued (in shares)	33,850,481	33,850,481
Common stock, outstanding (in shares)	33,850,481	33,850,481

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ( UNAUDITED ) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating revenues:
Advertising	$ 571,855	$ 435,268
Distribution	228,068	209,008
Other	16,955	13,974
Total operating revenues	816,878	658,250
Cost of services, excluding depreciation and amortization of intangible assets	279,667	199,147
Selling, general and administrative	198,821	202,187
Depreciation	17,539	16,895
Amortization of intangible assets	31,062	11,695
(Gain) loss on disposal of property and equipment	(242)	2,516
Total operating expenses	526,847	432,440
Operating income	290,031	225,810
Interest expense, net	(33,745)	(12,967)
Equity in earnings of affiliates	25,678	18,945
Gain on derivatives	2,766	5,933
Gain on sale of equity-method investment	208,197
Miscellaneous, net	6,066	(402)
Income from operations before income taxes	498,993	237,319
Provision for income taxes	159,047	71,249
Net income	339,946	166,070
Less: net income attributable to non-controlling interests	(49,049)	(42,227)
Net income attributable to SNI	$ 290,897	$ 123,843
Basic net income per share:
Net income attributable to SNI common shareholders (in dollars per share)	$ 2.25	$ 0.94
Diluted net income per share:
Net income attributable to SNI common shareholders (in dollars per share)	$ 2.24	$ 0.94
Weighted average shares outstanding:
Weighted average basic shares outstanding	129,295	131,259
Weighted average diluted shares outstanding	129,790	131,942

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 339,946	$ 166,070
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax: 2016 - ($3,116); 2015 - $1,820	41,583	(27,220)
Pension Plan and SERP liability adjustments, net of tax: 2016 - ($380); 2015 - ($508)	666	664
Comprehensive income	382,195	139,514
Less: comprehensive income attributable to non-controlling interests	(49,814)	(41,742)
Comprehensive income attributable to SNI	$ 332,381	$ 97,772

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, tax	$ 3,116	$ 1,820
Pension liability adjustment, tax	$ 380	$ 508

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash Flows from Operating Activities:
Net income	$ 339,946	$ 166,070
Depreciation	17,539	16,895
Amortization of intangible assets	31,062	11,695
Program amortization	218,941	162,671
Program payments	(245,754)	(200,552)
Equity in earnings of affiliates	(25,678)	(18,945)
Gain on derivatives	(2,766)	(5,933)
Gain on sale of equity-method investment	(208,197)
Dividends received from equity investments	12,222	20,998
Share-based compensation	17,709	17,134
Deferred income taxes	(17,197)	(25,631)
Changes in working capital accounts (excluding the effects of acquisition):
Accounts receivable, net	55,447	(1,329)
Other assets	(8,078)	(7,834)
Accounts payable	12,496	(1,093)
Deferred revenue	(9,563)	7,867
Accrued / refundable income taxes	171,938	127,605
Other liabilities	(45,312)	(14,962)
Other, net	7,912	20,097
Cash provided by operating activities	322,667	274,753
Cash Flows from Investing Activities:
Additions to property and equipment	(11,345)	(9,399)
Collections on note receivable	1,179	1,121
Sale of equity-method investment	225,000
Foreign currency call option premium	(16,000)	(16,000)
Settlement on derivatives	3,592
Other, net	1,217	(22,635)
Cash provided by (used in) investing activities	219,643	(46,913)
Cash Flows from Financing Activities:
Proceeds from debt		475,000
Repayments of debt	(325,000)	(1,010,000)
Purchase of non-controlling interests	(99,000)
Dividends paid	(32,288)	(29,716)
Dividends paid to non-controlling interests	(89,346)	(94,906)
Proceeds from stock options	4,905	4,570
Other, net	(15,356)	(6,284)
Cash used in financing activities	(556,085)	(949,838)
Effect of exchange rate changes on cash and cash equivalents	7,129	(1,381)
Decrease in cash and cash equivalents	(6,646)	(723,379)
Cash and cash equivalents:
Beginning of period	223,444	878,164
End of period	216,798	154,785
Supplemental Cash Flow Disclosures:
Interest paid, excluding amounts capitalized	2,387	16,444
Income taxes paid (refunded)	$ 10,549	(35,817)
Common Class A [Member]
Cash Flows from Financing Activities:
Repurchases of Class A Common Shares		$ (288,502)

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY ( UNAUDITED ) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]	Non-controlling Interest [Member]	Redeemable Noncontrolling Interests (Temporary Equity) [Member]
Total Equity Balance at Dec. 31, 2014	$ 1,684,587	$ 1,321	$ 1,359,023	$ 79,994	$ (57,891)	$ 302,140	$ 96,251
Comprehensive income (loss)	139,278			123,843	(26,071)	41,506	236
Redeemable non-controlling interest fair value adjustments	(1,081)			(1,081)			1,081
Addition to non-controlling interests							700
Dividends paid to non-controlling interests	(94,906)					(94,906)
Dividends: declared and paid	(29,716)			(29,716)
Repurchases of class A common shares	(288,502)	(40)	(43,677)	(244,785)
Share-based compensation	17,134		17,134
Exercise of employee share options	4,570	1	4,569
Other share-based compensation, net	(6,851)	2	(6,853)
Tax benefits of compensation plans	1,273		1,273
Total Equity Balance at Mar. 31, 2015	1,425,786	1,284	1,331,469	(71,745)	(83,962)	248,740	98,268
Total Equity Balance at Dec. 31, 2014	1,684,587	1,321	1,359,023	79,994	(57,891)	302,140	96,251
Comprehensive income (loss)							(2,760)
Redeemable non-controlling interest fair value adjustments							17,794
Total Equity Balance at Dec. 31, 2015	1,837,176	1,287	1,347,491	305,386	(130,233)	313,245	99,000
Comprehensive income (loss)	379,569			290,897	41,484	47,188	2,626
Redeemable non-controlling interest fair value adjustments	2,626			2,626			(2,626)
Purchase of non-controlling interest							$ (99,000)
Dividends paid to non-controlling interests	(89,346)					(89,346)
Dividends: declared and paid	(32,288)			(32,288)
Share-based compensation	17,709		17,709
Exercise of employee share options	4,905	1	4,904
Other share-based compensation, net	(3,394)	2	(3,396)
Tax benefits of compensation plans	(407)		(407)
Total Equity Balance at Mar. 31, 2016	$ 2,116,550	$ 1,290	$ 1,366,301	$ 566,621	$ (88,749)	$ 271,087

CONDENSED CONSOLIDATED STATEME9

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY ( UNAUDITED ) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Other comprehensive income (loss), net of tax:
Dividends: declared and paid (in dollars per share)	$ 0.25	$ 0.23
Repurchase of Class A Common shares (in shares)	0	3,986,275
Exercise of employee share options: shares issued (in shares)	129,671	100,012
Other share-based compensation, net: shares issued (in shares)	197,978	299,572
Other share-based compensation, net: shares repurchased (in shares)	65,540	105,730

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business and Basis of Presentation	1. Description of Business and Basis of Presentation As used in the notes to the condensed consolidated financial statements, the terms “SNI,” “Scripps,” “the Company,” “we,” “our,” “us” or similar terms may, depending on the context, refer to Scripps Networks Interactive, Inc., to one or more of its consolidated subsidiary companies or to all of them taken as a whole. Description of Business We operate in the media industry and have interests in domestic and international television networks and internet-based media properties. The Company has two reportable segments: U.S. Networks and International Networks. U.S. Networks includes our six domestic television networks: HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. Additionally, U.S. Networks includes websites associated with the aforementioned television brands and other internet and mobile businesses serving home, food, travel and other lifestyle-related categories. International Networks includes TVN S.A. (“TVN”), which operates a portfolio of free-to-air and pay-TV lifestyle and entertainment networks in Poland, including TVN, TVN24, TVN Style, TTV, TVN Turbo, TVN24 Biznes i Świat. Also included in TVN is TVN Media, an advertising sales house. Additionally, International Networks includes the lifestyle-oriented networks available in the United Kingdom (“UK”), other European markets, the Middle East and Africa (“EMEA”), Asia Pacific (“APAC”) and Latin America. As a result of the changes to our reportable segments in 2015, certain prior period segment results have been recast to reflect the current presentation (see Note 17 – Segment Information Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended. These unaudited condensed consolidated financial statements and the related notes hereto should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2015. In the opinion of management, the accompanying condensed consolidated balance sheets and related interim condensed consolidated statements of operations, comprehensive income, cash flows and shareholders’ equity include all adjustments, consisting only of normal recurring adjustments, necessary for their fair presentation in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, and revenues and expenses. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results and outcomes may differ materially from management’s estimates and assumptions. Interim results are not necessarily indicative of the results that may be expected for any future interim periods or for a full year.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings per Share	2. Earnings per Share Basic earnings per share (“EPS”) is calculated by dividing earnings available to common shareholders by the weighted average number of common shares outstanding, including participating securities outstanding. Diluted EPS is similar to basic EPS, but adjusts for the effect of the potential issuance of common shares. We include all unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in our basic and diluted EPS number of shares outstanding. The following table presents information about basic and diluted weighted average shares outstanding: Three months ended March 31, ( in thousands ) 2016 2015 Basic weighted average shares outstanding 129,295 131,259 Effect of dilutive securities: Unvested share units and shares held by employees 208 155 Stock options held by employees and directors 287 528 Diluted weighted average shares outstanding 129,790 131,942 Anti-dilutive share awards 1,711 337 For the three months ended March 31, 2016 and March 31, 2015, we had stock options that were anti-dilutive and, accordingly, were not included in the computation of diluted weighted average shares outstanding.

Accounting Standards Updates

Accounting Standards Updates	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Accounting Standards Updates	3. Accounting Standards Updates Issued and Not Yet Adopted In March 2016, the FASB issued new accounting guidance related to stock compensation, Stock Compensation: Improvements to Employee Share-Based Payment Accounting, In March 2016, the FASB issued new accounting guidance related to revenue recognition, Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net), Revenue from Contracts with Customers. Revenue from Contracts with Customers, In March 2016, the FASB issued new accounting guidance related to investments, Investments – Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting, In February 2016, the FASB issued new accounting guidance related to leases, Leases, In January 2016, the FASB issued new accounting guidance related to financial assets and liabilities, Recognition and Measurement of Financial Assets and Financial Liabilities,

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Acquisitions	4. Acquisitions On July 1, 2015 (the “Acquisition Date”), the Company, through an indirect wholly-owned subsidiary, acquired 100.0 percent of the outstanding shares of N-Vision B.V., a Dutch limited liability company (“N-Vision”) that held a majority interest in TVN, for approximately €1,440.0 million, or $1,608.6 million, comprised of cash consideration of €584.0 million, or $652.4 million, and principal amounts of debt assumed of €856.0 million, or $956.2 million, including €556.0 million, or $621.1 million, of debt directly attributed to TVN (the “Acquisition”). The Acquisition was funded with a portion of the net proceeds from the Company’s $1,500.0 million debt offering executed in June 2015 (the “Financing”) (see Note 10 – Debt The primary purpose of the Acquisition was to obtain N-Vision’s 52.7 percent controlling interest in the voting shares of TVN, a public media company listed on the Warsaw Stock Exchange (the “WSE”). To minimize the volatility in the purchase price that may have resulted from Euro to U.S. Dollar currency exchange rate changes, we entered into a foreign currency option contract during the first quarter of 2015 that effectively set the U.S. Dollar cash consideration for the Acquisition. We paid a $16.0 million premium for a call option on €584 million at a cost of $625.0 million. The premium is reflected both as an expense in gain on derivatives within operating activities and as a cash outflow from foreign currency call option premium within investing activities in our condensed consolidated statements of cash flows for the three months ended March 31, 2015. Within three months of completing the Acquisition, the Company was required under Polish law to launch a mandatory public tender offer for a minimum ownership of 66.0 percent of TVN’s total voting shares outstanding. On July 6, 2015, the Company tendered for the remaining outstanding voting shares of TVN at a purchase price equal to 20.0 Zloty per share. Final cash consideration paid was approximately $853.9 million. The Tender Offer resulted in the acquisition of an additional 156.7 million shares, or a cumulative 98.8 percent ownership of TVN’s outstanding share capital. This enabled the Company to effectuate the Squeeze-out for the remaining unredeemed shares, which was completed on September 28, 2015, resulting in 100.0 percent ownership of TVN. The Company, through TVN, filed the documentation required under Polish law to effect the delisting of TVN shares from the WSE, which became effective December 3, 2015. The incremental shares purchased through the Tender Offer and Squeeze-out were financed through a combination of cash on hand, including funds remaining from the Financing, borrowings under our $900.0 million amended revolving credit facility (the “Amended Revolving Credit Facility”) and net proceeds from our $250.0 million term loan (the “Term Loan”) (see Note 10 – Debt On July 31, 2015, the Company paid €364.9 million to retire the €300.0 million Senior PIK Toggle Notes due 2021 (“the 2021 PIK Notes”), which was debt at the parent of TVN and included as a component of the debt assumed in the Acquisition purchase price. On September 15, 2015, TVN executed a partial pre-payment of its 7.38% Senior Notes due 2020 (the “2020 TVN Notes”) totaling €45.1 million, comprised of principal of €43.0 million, accrued but unpaid interest of €0.8 million and premium of €1.3 million. Under the terms of the 2020 TVN Notes, TVN has the right to make a payment of 10.0 percent of the original principal amount in each rolling twelve month period prior to December 31, 2016 without an early pre-payment penalty. On November 16, 2015, TVN Finance Corporation III AB (“TVN Finance Corp.”), an indirect wholly-owned subsidiary of the Company, executed a second partial pre-payment of the 2020 TVN Notes totaling €45.6 million, comprised of principal of €43.0 million, accrued but unpaid interest of €1.3 million and premium of €1.3 million. On November 16, 2015, TVN Finance Corp. executed a full early redemption of its 7.88% Senior Notes due 2018 (the “2018 TVN Notes”) totaling €118.9 million, comprised of principal of €116.6 million, accrued but unpaid interest of a nominal amount and premium of €2.3 million. The Acquisition was accounted for using the acquisition method of accounting, which requires, among other things, that we allocate the purchase price to the assets acquired and liabilities assumed based on their fair values as of the Acquisition Date. We have reported the results of operations for TVN in our condensed consolidated financial statements for the period beginning on the Acquisition Date. The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the Acquisition Date. During the quarter we updated the purchase price allocation to reflect a refinement in deferred income taxes, with the off-setting impact reflected in goodwill. Certain estimated values for the Acquisition, including goodwill, investments and deferred income taxes are not yet finalized. Therefore, the preliminary purchase price allocations are subject to change as we complete our analysis of the fair value at the Acquisition Date. The purchase price for the Acquisition was allocated based on information available at the Acquisition Date. (in thousands) Balance Sheet Classification Fair Value at July 1, 2015 Cash consideration transferred $ 652,365 Recognized amounts of identifiable assets acquired and liabilities assumed: Assets acquired: Cash and cash equivalents 105,714 Restricted cash 7,342 Accounts receivable 110,387 Other current assets 21,592 Investments 354,719 Property and equipment 92,133 Programs and program licenses 79,211 Other intangible assets 760,636 Liabilities assumed: Accounts payable (28,941 ) Program rights payable (current portion) (19,395 ) Deferred revenue (2,132 ) Employee compensation and benefits (27,896 ) Accrued marketing and advertising (543 ) Other accrued liabilities (64,224 ) 2018 TVN Notes (128,577 ) 2020 TVN Notes (528,205 ) 2021 PIK Notes (409,549 ) Term Loan (18,178 ) Deferred income taxes (23,651 ) Program rights payable (less current portion) (3,492 ) Other non-current liabilities (5,624 ) Non-controlling interest (858,530 ) Goodwill 1,239,568 Net Assets acquired $ 652,365 The following table represents the preliminary fair value of identifiable intangible assets and their assumed estimated useful lives. (in thousands) Intangible Asset Category Type Weighted Average Life in Years Fair Value at July 1, 2015 Copyrights and other tradenames Amortizable 23 $ 333,912 Broadcast licenses Amortizable 25 128,017 Advertiser lists Amortizable 7 106,681 Customer lists Amortizable 15 26,670 Acquired network distribution rights and other Amortizable 20 165,356 $ 760,636 As a result of the Acquisition, we recognized goodwill of $1,239.6 million. The purchase price was assigned to assets acquired and liabilities assumed based on their estimated fair values as of the Acquisition Date, and the excess was allocated to goodwill, as shown in the Balance Sheet Classification table above. Goodwill represents the value we expect to achieve through the Acquisition and is recorded in the International Networks segment. The fair value of this goodwill is not deductible for U.S. income tax purposes. We utilized various valuation techniques to determine fair value, primarily discounted cash flow analyses and excess earnings valuation approaches, each of which use significant unobservable inputs, or Level 3 inputs, as defined by the fair value hierarchy (see Note 6 – Fair Value Measurement The following unaudited pro forma information presents the combined results of operations as if the Transactions had occurred at the beginning of fiscal year 2015, combining TVN’s pre-acquisition results with our historical results. The 2016 condensed consolidated financial statements include the results of TVN for the entire period. The pro forma results contained in the following table include adjustments for amortization of acquired intangibles, depreciation expense, transaction costs, interest expense as a result of the Financing and related income taxes. Any potential cost savings or other operational efficiencies that could result from the Transactions are not included in these pro forma results. These pro forma results do not necessarily reflect what would have occurred if the Acquisition had taken place January 1, 2015, nor do they represent the results that may occur in the future. (in thousands) Three months ended Pro Forma Results (unaudited) March 31, 2015 Pro forma revenues $ 755,843 Pro forma net income attributable to SNI $ 139,535 Pro forma net income attributable to SNI per basic share of common stock $ 1.06 Pro forma net income attributable to SNI per diluted share of common stock $ 1.06 Weighted average basic shares outstanding 131,259 Weighted average diluted shares outstanding 131,942 We did not recognize any contingent consideration arising from the Transactions.

Employee Termination Programs

Employee Termination Programs	3 Months Ended
	Mar. 31, 2016
Extraordinary And Unusual Items [Abstract]
Employee Termination Programs	5. Employee Termination Programs Restructuring Plan During the fourth quarter of 2014, we provided qualified employees with voluntary early retirement packages and notified employees of the elimination of certain positions within the Company (the “Restructuring Plan”). We also announced that we would be closing our Cincinnati office location in late 2015 and relocating certain positions to our Knoxville headquarters. Our operating results include a gain of $0.3 million and an expense of $5.5 million for severance, retention, benefits, relocation costs and accelerated depreciation during the three months ended March 31, 2016 and March 31, 2015, respectively, incurred as a result of the Restructuring Plan. As a result, net income attributable to SNI was increased by $0.2 million and reduced by $3.4 million for the three months ended March 31, 2016 and March 31, 2015, respectively. The Restructuring Plan was substantially completed as of December 31, 2015. The following table summarizes the aforementioned activity: Three months ended March 31, 2016 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2015 $ 605 $ - $ 5,314 $ 5,919 Net accruals 5 - (315 ) (310 ) Payments (610 ) - (4,315 ) (4,925 ) Non-cash (a) - - 333 333 Liability as of March 31, 2016 $ - $ - $ 1,017 $ 1,017 Three months ended March 31, 2015 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2014 $ 12,041 $ - $ 2,031 $ 14,072 Net accruals 3,341 - 2,031 5,372 Payments (9,815 ) - (903 ) (10,718 ) Non-cash (a) - - (473 ) (473 ) Liability as of March 31, 2015 $ 5,567 $ - $ 2,686 $ 8,253 (a) Reorganization During the fourth quarter of 2015, we committed to undertaking activities intended to streamline and integrate the management of our domestic networks, creating a cohesive and holistic organization (the “Reorganization”). As part of the Reorganization, we announced we would be relocating certain employees during 2016. Our operating results include $7.3 million for severance, retention, benefits and relocation costs for the three months ended March 31, 2016 incurred as a result of the Reorganization. As a result, net income attributable to SNI was reduced by $4.5 million for the three months ended March 31, 2016. We anticipate that the Reorganization will be completed by the end of 2016. A rollforward of the liability related to the charges by segment is as follows: Three months ended March 31, 2016 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2015 $ 3,258 $ - $ 8 $ 3,266 Net accruals 3,762 - 3,519 7,281 Payments (2,057 ) - (2,381 ) (4,438 ) Non-cash (b) (310 ) - (1,131 ) (1,441 ) Liability as of March 31, 2016 $ 4,653 $ - $ 15 $ 4,668 (b) The liability for both the Restructuring Plan and Reorganization is included within other accrued liabilities on our condensed consolidated balance sheets.

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurement	6. Fair Value Measurement Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial assets and liabilities carried at fair value are classified in one of three categories described below. · Level 1 — Quoted prices in active markets for identical assets or liabilities. · Level 2 — Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly. Quoted prices for similar instruments in active markets or model driven valuations in which all significant inputs and significant value drivers are observable in active markets. · Level 3 — Valuations derived from valuations techniques in which one or more significant inputs or significant value drivers are unobservable. There have been no transfers of assets or liabilities between the fair value measurement classifications during the three months ended March 31, 2016 and March 31, 2015. Recurring Measurements As of March 31, 2016 (in thousands) Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 39,283 $ 39,283 $ - $ - Derivative liability (211 ) - $ (211 ) - Total assets measured at fair value on a recurring basis $ 39,072 $ 39,283 $ (211 ) $ - Temporary equity - Redeemable non-controlling interests $ - $ - $ - $ - As of December 31, 2015 (in thousands) Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 80,944 $ 80,944 $ - $ - Derivative asset 615 - 615 - Total assets measured at fair value on a recurring basis $ 81,559 $ 80,944 $ 615 $ - Temporary equity - Redeemable non-controlling interests $ 99,000 $ - $ - $ 99,000 Derivatives include free-standing foreign currency forward contracts which are marked to market at each reporting period. We classify our foreign currency forward contracts as Level 2, as the valuation inputs are based on quoted prices and market observable data of similar instruments. At December 31, 2015, we determined the fair value of our redeemable non-controlling interest in Travel Channel using a combination of a discounted cash flow valuation model and a market approach that applies revenues and EBITDA estimates against the calculated multiples of comparable companies. Operating revenues and EBITDA are key assumptions utilized in both the discounted cash flow valuation model and the market approach. The selected discount rate of approximately 10.5 percent is also a key assumption in our discounted cash flow valuation model. On February 25, 2016, we agreed to pay the non-controlling interest owner $99.0 million to acquire the remaining 35.0 percent interest in Travel Channel, resulting in our 100.0 percent ownership (see Note 14 – Redeemable Non-controlling Interest and Non-controlling Interest). The following table summarizes the activity for account balances whose fair value measurements are estimated utilizing level 3 inputs: Redeemable Non-controlling Interests As of (in thousands) March 31, 2016 December 31, 2015 Beginning period balance $ 99,000 $ 96,251 Net income (loss) 2,626 (2,760 ) Fair value adjustments (2,626 ) 17,794 Dividends paid to non-controlling interests - (12,985 ) Additions to non-controlling interests - 700 Purchase of non-controlling interest (99,000 ) - Ending period balance $ - $ 99,000 The net income amounts reflected in the table above are reported within net income attributable to non-controlling interests in our condensed consolidated statements of operations. Other Financial Instruments The carrying values of our financial instruments do not materially differ from their estimated fair values as of March 31, 2016 and December 31, 2015 except for debt, which is disclosed in Note 10 - Debt Non-Recurring Measurements The majority of the Company’s non-financial instruments, which include goodwill, other intangible assets and property and equipment, are not required to be carried at fair value on a recurring basis. However, if certain triggering events occur, or at least annually for goodwill, such that a non-financial instrument is required to be evaluated for impairment, a resulting asset impairment would require that the non-financial instrument be recorded at the lower of cost or fair value.

Investments

Investments	3 Months Ended
	Mar. 31, 2016
Schedule Of Investments [Abstract]
Investments	7. Investments Investments consisted of the following: As of (in thousands) March 31, 2016 December 31, 2015 Equity-method investments $ 746,530 $ 741,823 Cost method investments 65,807 65,807 Total investments $ 812,337 $ 807,630 Investments accounted for using the equity method include the following: As of March 31, 2016 December 31, 2015 UKTV 50.0% 50.0% HGTV Magazine JV 50.0% 50.0% Food Network Magazine JV 50.0% 50.0% * Everytap 40.0% 40.0% HGTV Canada 33.0% 33.0% * nC+ 32.0% 32.0% Food Canada 29.0% 29.0% * Onet 25.0% 25.0% Fox-BRV Southern Sports Holdings - 7.3% * Acquired as a part of the Acquisition UKTV UKTV receives financing through a loan provided by us. The loan, totaling $108.8 million and $112.1 million at March 31, 2016 and December 31, 2015, respectively, is reported within other non-current assets on our condensed consolidated balance sheets and effectively acts as a revolving credit facility for UKTV. As a result of this financing arrangement and the level of equity investment at risk, we have determined that UKTV is a variable interest entity (“VIE”). SNI and its partner in the venture share equally in the profits of the entity, have equal representation on UKTV’s board of directors and share voting control in such matters as approving annual budgets, initiating financing arrangements and changing the scope of the business. However, our partner maintains control over certain operational aspects of the business related to programming content, scheduling and the editorial and creative development of UKTV. Additionally, certain key management personnel of UKTV are employees of our partner. Since we do not control these activities that are critical to UKTV’s operating performance, we have determined that we are not the primary beneficiary of the entity and account for the investment under the equity-method of accounting. As of March 31, 2016 and December 31, 2015, the Company’s investment in UKTV was $349.6 million and $353.4 million, respectively. A portion of the purchase price from our 50.0 percent investment in UKTV was attributed to amortizable intangible assets, which are included in the carrying value of our UKTV investment. Amortization expense attributed to intangible assets recognized upon acquiring our interest in UKTV reduces the equity in earnings we recognize from our UKTV investment. Accordingly, equity in earnings of affiliates includes our $10.9 million and $11.1 million proportionate share of UKTV’s results for the three months ended March 31, 2016 and March 31, 2015, respectively, which were reduced by amortization of $3.4 million and $4.2 million for the three months ended March 31, 2016 and March 31, 2015, respectively. The table below summarizes estimated amortization that we expect to reduce the Company’s equity in UKTV’s earnings for future periods: ( in thousands ) Estimated Amortization** Remainder of 2016 $ 10,043 2017 $ 13,559 2018 $ 13,655 2019 $ 13,655 2020 $ 13,750 Thereafter $ 100,313 ** The functional currency of UKTV is the Great British Pound ("GBP"), so these amounts are subject to change as the GBP to U.S. Dollar exchange rates fluctuate. nC+ The Company, through its ownership of TVN, has an investment in nC+, which is managed under the terms of a shareholders’ agreement. The nC+ shareholders’ agreement contains various standard provisions with regards to the management of the business and related matters, as well as terms regarding disposition of ownership by either party. A portion of the purchase price from our 32.0 percent investment in nC+ was attributed to amortizable intangible assets, which are included in the carrying value of our nC+ investment. Amortization expense attributed to intangible assets recognized upon acquiring our interest in nC+ reduces the equity in earnings we recognize from our nC+ investment. The table below summarizes estimated amortization that we expect to reduce the Company’s equity in nC+’s earnings for future periods: (in thousands ) Estimated Amortization** Remainder of 2016 $ 3,074 2017 $ 4,060 2018 $ 4,071 2019 $ 4,060 2020 $ 4,050 Thereafter $ 27,278 ** The functional currency of nC+ is the Polish Zloty, so these amounts are subject to change as the PLN to U.S. Dollar exchange rates fluctuate. Fox-BRV Southern Sports Holdings The Company exercised significant control over Fox-BRV Southern Sports Holdings (“Fox Sports South”) through board positions held and, therefore, accounted for this investment using the equity-method of accounting. On February 24, 2016, the Company sold its 7.3 percent equity interest in Fox Sports South to the controlling interest holder for a sale price of $225.0 million upon the exercise of the Company’s put right. The sale of this ownership interest resulted in a gain of $208.2 million for the three months ended March 31, 2016, which is recorded in gain on sale of equity-method investment in our condensed consolidated statements of operations and condensed consolidated statements of cash flows. Further, the gain on sale resulted in tax expense of approximately $73.6 million for the three months ended March 31, 2016.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	8. Goodwill and Other Intangible Assets Goodwill and other intangible assets consisted of the following: As of ( in thousands ) March 31, 2016 December 31, 2015 Goodwill, net $ 1,822,337 $ 1,804,748 Other intangible assets: Amortizable intangible assets: Carrying amount: Acquired network distribution rights $ 748,251 $ 744,962 Customer and advertiser lists 227,409 223,726 Copyrights and other tradenames 399,455 390,111 Broadcast licenses 127,661 124,030 Acquired rights and other 119,868 120,267 Total carrying amount 1,622,644 1,603,096 Accumulated amortization: Acquired network distribution rights (205,858 ) (195,678 ) Customer and advertiser lists (86,907 ) (81,892 ) Copyrights and other tradenames (44,579 ) (30,875 ) Broadcast licenses (4,133 ) (2,524 ) Acquired rights and other (31,134 ) (29,463 ) Total accumulated amortization (372,611 ) (340,432 ) Total other intangible assets, net $ 1,250,033 $ 1,262,664 Amortization expense associated with intangible assets for each of the next five years is expected to be as follows: ( in thousands ) Estimated Amortization ** Remainder of 2016 $ 63,001 2017 $ 100,988 2018 $ 99,530 2019 $ 99,148 2020 $ 89,266 Thereafter $ 798,100 ** The functional currency of certain foreign subsidiaries differs from the U.S. Dollar, so these amounts are subject to change as exchange rates fluctuate. Activity related to goodwill by business segment consisted of the following: (in thousands) U.S. Networks International Networks Corporate and Other Total Goodwill Balance as of December 31, 2015 $ 510,484 $ 1,294,264 $ - $ 1,804,748 Update to purchase price accounting during the measurement period - (19,879 ) - (19,879 ) Foreign currency translation adjustment - 37,468 - 37,468 Balance as of March 31, 2016 $ 510,484 $ 1,311,853 $ - $ 1,822,337

Other Accrued Liabilities

Other Accrued Liabilities	3 Months Ended
	Mar. 31, 2016
Accrued Liabilities Current Portion [Abstract]
Other Accrued Liabilities	9. Other Accrued Liabilities The following table outlines the details within other accrued liabilities: As of (in thousands) March 31, 2016 December 31, 2015 Accrued rent $ 20,085 $ 21,736 Accrued advertising rebates 25,642 20,808 Accrued interest 39,961 8,400 Accrued taxes 116,145 2,029 Accrued other expenses 66,828 95,559 Total $ 268,661 $ 148,532

Debt

Debt	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt	10. Debt Debt consisted of the following: As of (in thousands) Maturity March 31, 2016 December 31, 2015 Amended Revolving Credit Facility 2019 - 2020 $ 65,000 $ 389,170 Term Loan 2017 249,180 249,129 2.70% Senior Notes 2016 499,399 499,174 2.75% Senior Notes 2019 496,026 495,750 TVN 7.38% Senior Notes 2020 412,572 399,986 2.80% Senior Notes 2020 594,175 593,796 3.50% Senior Notes 2022 395,521 395,309 3.90% Senior Notes 2024 493,402 493,210 3.95% Senior Notes 2025 494,918 494,748 Total debt $ 3,700,193 $ 4,010,272 Current portion of debt (499,399 ) (499,174 ) Debt (less current portion) $ 3,200,794 $ 3,511,098 Fair value of long-term debt * $ 3,716,391 $ 3,977,985 *The fair value of the Senior Notes was estimated using level 2 inputs comprised of quoted prices in active markets, market indices and interest rate measurements for debt with similar remaining maturity. Revolving Credit Facilities In March 2014, we entered into a five-year revolving credit facility (the “Facility”) that permitted $650.0 million in aggregate borrowings with an expiration date of March 2019. In May 2015, we entered into the Amended Revolving Credit Facility to amend the Facility. The Amended Revolving Credit Facility provides $250.0 million additional revolving loan capacity, which increased permitted borrowings up to an aggregate principal amount of $900.0 million and may be increased to $1,150.0 million at our option. Additionally, the Amended Revolving Credit Facility extended the maturity date of the Facility to March 2020, with the exception of $32.5 million, which remains scheduled to mature in March 2019. Borrowings under the Amended Revolving Credit Facility incur interest charges based on the Company’s credit rating, with drawn amounts incurring interest at LIBOR plus a range of 69 to 130 basis points, and a facility fee ranging from 6 to 20 basis points, also subject to the Company’s credit ratings. The Company had outstanding borrowings of $65.0 million, incurring interest at a rate of approximately 1.54% throughout the first quarter of 2016, and outstanding letters of credit of $1.1 million under the Amended Revolving Credit Facility at March 31, 2016. There were outstanding borrowings of $389.2 million and outstanding letters of credit of $1.1 million under the Amended Revolving Credit Facility at December 31, 2015. Term Loan On June 26, 2015, we entered into a $250.0 million senior unsecured Term Loan agreement. The Term Loan has a maturity date in June 2017, with outstanding borrowings incurring interest at LIBOR plus a range of 62.5 to 137.5 basis points, subject to the Company’s credit ratings. The weighted average interest rate on the Term Loan was 1.52% in the first quarter of 2016. Senior Notes Our $500.0 million aggregate principal amount of 2.70% Senior Notes mature in December 2016 (the “2016 Notes”). Interest is paid on the 2016 Notes on June 15th and December 15th of each year. Amounts capitalized and included as a reduction against debt on our condensed consolidated balance sheets included $18.7 million of debt issuance costs related to the Term Loan and the remaining Senior Notes issued in 2015, all of which were undertaken to finance the Transactions. The debt issuance costs related to the Amended Revolving Credit Facility are included within other non-current assets on our condensed consolidated balance sheets. We amortized $1.7 million and $0.8 million of debt issuance costs for the three months ended March 31, 2016 and March 31, 2015, respectively, within interest expense, net in our condensed consolidated statements of operations. Debt Covenants The Amended Revolving Credit Facility, the Term Loan, all of our Senior Notes and the 2020 TVN Notes all include certain affirmative and negative covenants, including limitations on the incurrence of additional indebtedness and maintenance of a maximum leverage ratio.

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Mar. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	11. Employee Benefit Plans The Company offers various post-retirement benefits to its employees, including a defined benefit pension plan (the “Pension Plan”) and a non-qualified supplemental employee retirement plan (the “SERP”). The SERP, which is unfunded, provides defined pension benefits, in addition to what is provided under the Pension Plan, to eligible executives based on average earnings, years of service and age at retirement. In 2009, we amended the Pension Plan whereby no additional service benefits will be earned by participants after December 31, 2009. The amount of eligible compensation that is used to calculate a plan participant’s pension benefit will continue to include any compensation earned by the employee through December 31, 2019, after which time all plan participants will have a frozen pension benefit. The components of the Pension Plan and SERP expense consisted of the following: Pension Plan SERP Three months ended March 31, Three months ended March 31, (in thousands) 2016 2015 2016 2015 Interest cost $ 776 $ 732 $ 433 $ 335 Expected return on plan assets, net of expenses (822 ) (949 ) - - Special termination benefits - 583 - 166 Amortization of net loss 530 568 516 604 Total $ 484 $ 934 $ 949 $ 1,105 In the fourth quarter of 2014, we announced the Restructuring Plan, providing each affected employee the benefit of an additional three years of credited service related to the applicable Pension Plan and SERP for which they qualify (see Note 5 – Employee Termination Programs We made a contribution of $10.0 million to fund the Pension Plan during the three months ended March 31, 2016 and did not make any contributions during the three months ended March 31, 2015. We made $1.7 million and $0.1 million SERP benefit payments for the three months ended March 31, 2016 and March 31, 2015, respectively. We anticipate an additional $6.9 million in SERP benefit payments during the remainder of 2016. Executive Deferred Compensation Plan We have an unqualified executive deferred compensation plan (“Deferred Compensation Plan”) that is available to certain management level employees and directors of the Company. Under the Deferred Compensation Plan, participants may elect to defer receipt of a portion of their annual compensation. The Deferred Compensation Plan is intended to be an unfunded plan maintained primarily for the purpose of providing deferred compensation benefits. We use corporate-owned life insurance contracts held in a rabbi trust to support the plan. We had investments within this rabbi trust valued at $41.2 million, including $26.3 million of cash surrender value of Company-owned life insurance contracts and $14.9 million held in mutual funds, at March 31, 2016. We had investments within this rabbi trust valued at $42.8 million, including $27.0 million of cash surrender value of Company-owned life insurance contracts and $15.8 million held in mutual funds, at December 31, 2015. These mutual funds are valued using Level 1 and Level 2 inputs. These instruments are included within other non-current assets on our condensed consolidated balance sheets. Gains or losses related to these insurance contracts are included within miscellaneous, net in our condensed consolidated statements of operations. The unsecured obligation to pay the deferred compensation, including deferred director’s fees, adjusted to reflect the positive or negative performance of investment measurement options selected by each participant, totaled $44.0 million and $42.0 million at March 31, 2016 and December 31, 2015, respectively, and is included within other non-current liabilities on our condensed consolidated balance sheets.

Other Non-Current Liabilities

Other Non-Current Liabilities	3 Months Ended
	Mar. 31, 2016
Other Liabilities Disclosure [Abstract]
Other Non-Current Liabilities	12. Other Non-Current Liabilities The following table outlines the details within other liabilities: As of (in thousands) March 31, 2016 December 31, 2015 Pension and post-employment benefits $ 73,012 $ 73,683 Deferred compensation 44,034 41,992 Uncertain tax positions 116,299 101,908 Other 35,761 32,808 Other non-current liabilities $ 269,106 $ 250,391

Foreign Exchange Risk Managemen

Foreign Exchange Risk Management	3 Months Ended
	Mar. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Foreign Exchange Risk Management	13. Foreign Exchange Risk Management In order to minimize earnings and cash flow volatility resulting from currency exchange rate changes, on occasion we enter into derivative instruments, principally forward and option foreign currency contracts. These contracts are designed to hedge anticipated foreign currency transactions and changes in the value of specific assets, liabilities and probable commitments. We do not enter into currency exchange rate derivative instruments for speculative purposes. The free-standing derivative forward contracts are used to offset our exposure to the change in value of specific foreign currency denominated assets and liabilities. These derivatives are not designated as hedges. Changes in the value of these contracts are recognized in earnings, thereby offsetting the current earnings effect of the related change in functional currency value of foreign currency denominated assets and liabilities. The gross notional amount of these contracts outstanding was $114.8 million and $118.6 million at March 31, 2016 and December 31, 2015, respectively. The cash flow settlements from these derivative contracts are primarily reported within investing activities in the condensed consolidated statements of cash flows. We recognized $2.8 million and $5.9 million of gains from these forward contracts for the three months ended March 31, 2016 and March 31, 2015, respectively, included within gain on derivatives in the condensed consolidated statements of operations. Additionally, we have foreign exchange transaction gains of $8.9 million and losses of $5.4 million for the three months ended March 31, 2016 and March 31, 2015, respectively, which are included within miscellaneous, net in our condensed consolidated statements of operations.

Redeemable Non-controlling Inte

Redeemable Non-controlling Interests and Non-controlling Interest	3 Months Ended
	Mar. 31, 2016
Noncontrolling Interest [Abstract]
Redeemable Non-controlling Interests and Non-controlling Interest	14. Redeemable Non-controlling Interests and Non-controlling Interest Redeemable Non-controlling Interests A non-controlling owner previously held a 35.0 percent residual interest in the Travel Channel. The owner of the non-controlling interest had a put option requiring us to purchase their interest, and we had a call option to acquire their interest. We exercised our call option and executed a contract on February 25, 2016, for an agreed upon price of $99.0 million. We now own 100.0 percent of Travel Channel. Non-controlling Interest The Food Network and Cooking Channel are operated and organized under the terms of a general partnership (the “Partnership”). The Company and a non-controlling owner hold interests in the Partnership. During the fourth quarter of 2014, the Partnership agreement was extended and specifies a dissolution date of December 31, 2016. If the term of the Partnership is not extended prior to that date, the Partnership agreement permits the Company, as holder of 80.0 percent of the applicable votes, to reconstitute the Partnership and continue its business. If for some reason the Partnership is not continued, it will be required to limit its activities to winding up, settling debts, liquidating assets and distributing proceeds to the partners in proportion to their partnership interests.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Shareholders' Equity	15. Shareholders’ Equity Capital Stock SNI’s capital structure includes Common Voting Shares and Class A Common Shares. Our Amended and Restated Articles of Incorporation provide that the holders of Class A Common Shares, who are not entitled to vote on any other matters except as required by Ohio law, are entitled to elect the greater of three or one-third of the directors. The Common Voting Shares and Class A Common Shares have equal dividend distribution rights. Incentive Plans The Scripps Networks Interactive, Inc. 2015 Long-Term Incentive Plan (the “2015 LTI Plan”) provides for long-term equity incentive compensation for key employees and members of the Company’s Board of Directors (the “Board”). T he 2015 LTI Plan authorizes the grant of equity-based compensation to non-employee directors, officers and other key employees in the form of incentive or non-qualified stock options, stock appreciation rights, restricted shares, restricted stock units (“RSUs”), performance shares, performance units and other share-based awards and dividend equivalents. The Company has reserved 8.0 million Class A Common Shares for issuance under the 2015 LTI Plan. The 2015 LTI Plan will remain in effect until February 2025, unless terminated sooner by the Board. Termination will not affect outstanding grants and awards. The 2015 LTI Plan replaced the Scripps Networks Interactive, Inc. 2008 Long-Term Incentive Plan (the “Prior LTI Plan”), and no further awards will be made under the Prior LTI Plan. However, awards granted under the Prior LTI Plan prior to shareholder approval of the 2015 LTI Plan will remain outstanding in accordance with their terms. We satisfy stock option exercises and vested stock awards with newly-issued shares. Shares available for future share compensation grants totaled 7.0 million at March 31, 2016. During the three months ended March 31, 2016, the Company granted 0.5 million stock options and 0.4 million RSUs, including performance-based restricted stock units (”PBRSUs”) under the 2015 LTI Plan. During the three months ended March 31, 2015, the Company granted 0.4 million stock options and 0.2 million RSUs, including PBRSUs. The number of shares ultimately issued for PBRSUs will depend upon performance compared to specified metrics. The fair values for stock options are estimated on the grant date using a lattice-based binomial model. Assumptions utilized in the model are evaluated and revised, as necessary, to reflect market conditions and experience. Share based compensation costs totaled $17.7 million and $17.1 million for the three months ended March 31, 2016 and March 31, 2015, respectively. As of March 31, 2016, unrecognized share-based compensation expense was as follows: (in thousands) Amount Weighted-Average Period Stock options $ 3,651 2.2 years RSUs and PBRSUs 24,925 2.0 years Total unrecognized share-based compensation $ 28,576 Share Repurchase Programs We have share repurchase programs (“Repurchase Programs”) authorized by the Board that permit us to acquire the Company’s Class A Common Shares. During the three months ended March 31, 2016, we did not repurchase any shares. During the three months ended March 31, 2015, we repurchased 4.0 million shares for approximately $288.5 million, including 3.0 million shares repurchased for approximately $216.8 million from Scripps family members. As of March 31, 2016, $1,512.5 million in authorization remains available for repurchase under the Repurchase Programs. All shares repurchased under the Repurchase Programs are retired and returned to authorized and unissued shares. There is no expiration date for the Repurchase Programs, and we are under no commitment or obligation to repurchase any particular amount of Class A Common Shares under the Repurchase Programs.

Comprehensive Income

Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest [Abstract]
Comprehensive Income	16. Comprehensive Income Changes in the accumulated other comprehensive income or loss (“AOCI”) balance by component consisted of the following: Three months ended March 31, 2016 2015 (in thousands) Currency Translation Pension Plan and SERP Liability Currency Translation Pension Plan and SERP Liability AOCI beginning period balance $ (98,239 ) $ (31,994 ) $ (25,122 ) $ (32,769 ) Other comprehensive income (loss) before reclassifications 40,818 — (26,735 ) — Amounts reclassified from AOCI — 666 — 664 Net current-period other comprehensive income (loss) 40,818 666 (26,735 ) 664 AOCI end of period balance $ (57,421 ) $ (31,328 ) $ (51,857 ) $ (32,105 ) Amounts reported in the table above are net of income tax. Amounts reclassified to net earnings for Pension Plan and SERP liability adjustments relate to the amortization of actuarial losses and settlement charges. These amounts are included within selling, general and administrative in our condensed consolidated statements of operations and totaled $1.0 million and $1.2 million for the three months ended March 31, 2016 and March 31, 2015, respectively (see Note 11 - Employee Benefit Plans

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	17. Segment Information The Company’s operating segments are determined based upon our management and internal reporting structure. As a result of the Transactions (see Note 4 – Acquisitions U.S. Networks includes our six domestic television networks: HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. Additionally, U.S. Networks includes websites associated with the aforementioned television brands and other internet and mobile businesses serving home, food, travel and other lifestyle-related categories. The Food Network and Cooking Channel are included in the Partnership, of which we own 68.7 percent. Each of our networks is distributed by cable and satellite distributors, telecommunication service providers and certain non-linear providers. U.S. Networks earns revenue primarily from the sale of advertising time and from distribution fees paid by distributors of our content. U.S. Networks also earns revenue from licensing of content to third parties and of brands for consumer products, such as videos, books, kitchenware and tools. International Networks includes the TVN lifestyle-oriented networks as well as those available in the UK, other European Markets, EMEA, APAC and Latin America. Corporate and Other includes the results of businesses not separately identified as reportable segments for external financial reporting purposes and will continue to be disclosed separately from the results of U.S. Networks and International Networks. The Company generally does not allocate employee-related corporate overhead costs to its reportable segments, but rather classifies these expenses within Corporate and Other. However, certain corporate costs, including information technology, pension and other employee benefits and other shared service functions, are allocated to our businesses. These allocations are generally amounts agreed upon by management, which may differ from amounts that would be incurred if such services were purchased separately by the businesses. Intersegment revenue eliminations are included in Corporate and Other and totaled $6.6 million and $4.7 million for the three months ended March 31, 2016 and March 31, 2015, respectively. Our Chief Operating Decision Maker (“CODM”), whom we have identified as our Chief Executive Officer, evaluates the operating performance of our businesses and makes decisions about the allocation of resources to the businesses using a non-GAAP measure we call segment profit. Segment profit excludes interest, income taxes, depreciation and amortization, divested operating units, investment results and certain other items included in net income determined in accordance with GAAP. Information regarding our segments is as follows: Three months ended March 31, (in thousands) 2016 2015 Segment operating revenues: U.S. Networks $ 702,195 $ 638,904 International Networks 121,338 24,065 Corporate and Other (6,655 ) (4,719 ) Total operating revenues $ 816,878 $ 658,250 Segment profit (loss): U.S. Networks $ 359,497 $ 300,504 International Networks 9,789 (5,879 ) Corporate and Other (30,896 ) (37,709 ) Total segment profit 338,390 256,916 Depreciation 17,539 16,895 Amortization of intangible assets 31,062 11,695 (Gain) loss on disposal of property and equipment (242 ) 2,516 Other operating expenses 48,359 31,106 Operating income 290,031 225,810 Interest expense, net (33,745 ) (12,967 ) Equity in earnings of affiliates 25,678 18,945 Gain on derivatives 2,766 5,933 Gain on sale of equity-method investment 208,197 - Miscellaneous, net 6,066 (402 ) Income from operations before income taxes $ 498,993 $ 237,319 Depreciation: U.S. Networks $ 14,153 $ 14,712 International Networks 3,125 1,129 Corporate and Other 261 1,054 Total depreciation $ 17,539 $ 16,895 Amortization of intangible assets: U.S. Networks $ 10,021 $ 9,940 International Networks 21,041 1,755 Corporate and Other - - Total amortization of intangible assets $ 31,062 $ 11,695 (Gain) loss on disposal of property and equipment U.S. Networks $ 42 $ 3,547 International Networks (284 ) - Corporate and Other - (1,031 ) Total (gain) loss on disposal of property and equipment $ (242 ) $ 2,516 Equity in earnings of affiliates: U.S. Networks $ 7,732 $ 10,021 International Networks 17,946 8,924 Corporate and Other - - Total equity in earnings of affiliates $ 25,678 $ 18,945 Three months ended March 31, (in thousands) 2016 2015 Additions to property and equipment: U.S. Networks $ 8,671 $ 7,669 International Networks 2,674 280 Corporate and Other - 1,450 Total additions to property and equipment $ 11,345 $ 9,399 Operating revenues by geographic location: United States $ 701,888 $ 642,805 Poland 97,758 - Other International 17,232 15,445 Total operating revenues $ 816,878 $ 658,250 As of March 31, 2016 December 31, 2015 Assets: U.S. Networks $ 2,838,404 $ 2,937,428 International Networks 3,339,956 3,276,989 Corporate and Other 459,964 457,897 Total assets $ 6,638,324 $ 6,672,314 Long-lived assets by geographic location: United States $ 1,902,360 $ 1,903,918 Poland 2,449,330 2,406,842 Other International 508,518 541,719 Total long-lived assets $ 4,860,208 $ 4,852,479 No single customer provides more than 10.0 percent of our revenues. Assets held by our businesses and physically located outside of the United States totaled $3,300.4 million and $3,238.2 million at March 31, 2016 and December 31, 2015, respectively.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Summary of Basic and Diluted Weighted Average Shares Outstanding	The following table presents information about basic and diluted weighted average shares outstanding: Three months ended March 31, ( in thousands ) 2016 2015 Basic weighted average shares outstanding 129,295 131,259 Effect of dilutive securities: Unvested share units and shares held by employees 208 155 Stock options held by employees and directors 287 528 Diluted weighted average shares outstanding 129,790 131,942 Anti-dilutive share awards 1,711 337

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Fair values of assets acquired and liabilities assumed	The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the Acquisition Date. During the quarter we updated the purchase price allocation to reflect a refinement in deferred income taxes, with the off-setting impact reflected in goodwill. Certain estimated values for the Acquisition, including goodwill, investments and deferred income taxes are not yet finalized. Therefore, the preliminary purchase price allocations are subject to change as we complete our analysis of the fair value at the Acquisition Date. The purchase price for the Acquisition was allocated based on information available at the Acquisition Date. (in thousands) Balance Sheet Classification Fair Value at July 1, 2015 Cash consideration transferred $ 652,365 Recognized amounts of identifiable assets acquired and liabilities assumed: Assets acquired: Cash and cash equivalents 105,714 Restricted cash 7,342 Accounts receivable 110,387 Other current assets 21,592 Investments 354,719 Property and equipment 92,133 Programs and program licenses 79,211 Other intangible assets 760,636 Liabilities assumed: Accounts payable (28,941 ) Program rights payable (current portion) (19,395 ) Deferred revenue (2,132 ) Employee compensation and benefits (27,896 ) Accrued marketing and advertising (543 ) Other accrued liabilities (64,224 ) 2018 TVN Notes (128,577 ) 2020 TVN Notes (528,205 ) 2021 PIK Notes (409,549 ) Term Loan (18,178 ) Deferred income taxes (23,651 ) Program rights payable (less current portion) (3,492 ) Other non-current liabilities (5,624 ) Non-controlling interest (858,530 ) Goodwill 1,239,568 Net Assets acquired $ 652,365
Fair value of identifiable intangible assets	The following table represents the preliminary fair value of identifiable intangible assets and their assumed estimated useful lives. (in thousands) Intangible Asset Category Type Weighted Average Life in Years Fair Value at July 1, 2015 Copyrights and other tradenames Amortizable 23 $ 333,912 Broadcast licenses Amortizable 25 128,017 Advertiser lists Amortizable 7 106,681 Customer lists Amortizable 15 26,670 Acquired network distribution rights and other Amortizable 20 165,356 $ 760,636
Pro forma results	(in thousands) Three months ended Pro Forma Results (unaudited) March 31, 2015 Pro forma revenues $ 755,843 Pro forma net income attributable to SNI $ 139,535 Pro forma net income attributable to SNI per basic share of common stock $ 1.06 Pro forma net income attributable to SNI per diluted share of common stock $ 1.06 Weighted average basic shares outstanding 131,259 Weighted average diluted shares outstanding 131,942

Employee Termination Programs (

Employee Termination Programs (Tables)	3 Months Ended
	Mar. 31, 2016
Voluntary Early Retirement Program, Employee Termination and Contract Termination Costs [Member]
Summary of Rollforward of the Liability Related to Restructuring Plan By Segment	The following table summarizes the aforementioned activity: Three months ended March 31, 2016 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2015 $ 605 $ - $ 5,314 $ 5,919 Net accruals 5 - (315 ) (310 ) Payments (610 ) - (4,315 ) (4,925 ) Non-cash (a) - - 333 333 Liability as of March 31, 2016 $ - $ - $ 1,017 $ 1,017 Three months ended March 31, 2015 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2014 $ 12,041 $ - $ 2,031 $ 14,072 Net accruals 3,341 - 2,031 5,372 Payments (9,815 ) - (903 ) (10,718 ) Non-cash (a) - - (473 ) (473 ) Liability as of March 31, 2015 $ 5,567 $ - $ 2,686 $ 8,253 (a)
Reorganization [Member]
Schedule Of Rollforward of the Liability Related to the Charges By Segment	A rollforward of the liability related to the charges by segment is as follows: Three months ended March 31, 2016 (in thousands) U.S. Networks International Networks Corporate and Other Total Liability as of December 31, 2015 $ 3,258 $ - $ 8 $ 3,266 Net accruals 3,762 - 3,519 7,281 Payments (2,057 ) - (2,381 ) (4,438 ) Non-cash (b) (310 ) - (1,131 ) (1,441 ) Liability as of March 31, 2016 $ 4,653 $ - $ 15 $ 4,668 (b)

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Summary of fair value on recurring measurements	Recurring Measurements As of March 31, 2016 (in thousands) Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 39,283 $ 39,283 $ - $ - Derivative liability (211 ) - $ (211 ) - Total assets measured at fair value on a recurring basis $ 39,072 $ 39,283 $ (211 ) $ - Temporary equity - Redeemable non-controlling interests $ - $ - $ - $ - As of December 31, 2015 (in thousands) Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 80,944 $ 80,944 $ - $ - Derivative asset 615 - 615 - Total assets measured at fair value on a recurring basis $ 81,559 $ 80,944 $ 615 $ - Temporary equity - Redeemable non-controlling interests $ 99,000 $ - $ - $ 99,000
Summary of activity for account balances whose fair value measurements are estimated utilizing level 3 inputs	The following table summarizes the activity for account balances whose fair value measurements are estimated utilizing level 3 inputs: Redeemable Non-controlling Interests As of (in thousands) March 31, 2016 December 31, 2015 Beginning period balance $ 99,000 $ 96,251 Net income (loss) 2,626 (2,760 ) Fair value adjustments (2,626 ) 17,794 Dividends paid to non-controlling interests - (12,985 ) Additions to non-controlling interests - 700 Purchase of non-controlling interest (99,000 ) - Ending period balance $ - $ 99,000

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2016
Summary of investment	Investments consisted of the following: As of (in thousands) March 31, 2016 December 31, 2015 Equity-method investments $ 746,530 $ 741,823 Cost method investments 65,807 65,807 Total investments $ 812,337 $ 807,630
Equity method investments	Investments accounted for using the equity method include the following: As of March 31, 2016 December 31, 2015 UKTV 50.0% 50.0% HGTV Magazine JV 50.0% 50.0% Food Network Magazine JV 50.0% 50.0% * Everytap 40.0% 40.0% HGTV Canada 33.0% 33.0% * nC+ 32.0% 32.0% Food Canada 29.0% 29.0% * Onet 25.0% 25.0% Fox-BRV Southern Sports Holdings - 7.3% * Acquired as a part of the Acquisition
UKTV [Member]
Summary of Estimated Amortization	The table below summarizes estimated amortization that we expect to reduce the Company’s equity in UKTV’s earnings for future periods: ( in thousands ) Estimated Amortization** Remainder of 2016 $ 10,043 2017 $ 13,559 2018 $ 13,655 2019 $ 13,655 2020 $ 13,750 Thereafter $ 100,313 ** The functional currency of UKTV is the Great British Pound ("GBP"), so these amounts are subject to change as the GBP to U.S. Dollar exchange rates fluctuate.
nC+ [Member]
Summary of Estimated Amortization	The table below summarizes estimated amortization that we expect to reduce the Company’s equity in nC+’s earnings for future periods: (in thousands ) Estimated Amortization** Remainder of 2016 $ 3,074 2017 $ 4,060 2018 $ 4,071 2019 $ 4,060 2020 $ 4,050 Thereafter $ 27,278 ** The functional currency of nC+ is the Polish Zloty, so these amounts are subject to change as the PLN to U.S. Dollar exchange rates fluctuate.

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and other intangible assets	Goodwill and other intangible assets consisted of the following: As of ( in thousands ) March 31, 2016 December 31, 2015 Goodwill, net $ 1,822,337 $ 1,804,748 Other intangible assets: Amortizable intangible assets: Carrying amount: Acquired network distribution rights $ 748,251 $ 744,962 Customer and advertiser lists 227,409 223,726 Copyrights and other tradenames 399,455 390,111 Broadcast licenses 127,661 124,030 Acquired rights and other 119,868 120,267 Total carrying amount 1,622,644 1,603,096 Accumulated amortization: Acquired network distribution rights (205,858 ) (195,678 ) Customer and advertiser lists (86,907 ) (81,892 ) Copyrights and other tradenames (44,579 ) (30,875 ) Broadcast licenses (4,133 ) (2,524 ) Acquired rights and other (31,134 ) (29,463 ) Total accumulated amortization (372,611 ) (340,432 ) Total other intangible assets, net $ 1,250,033 $ 1,262,664
Summary of amortization expense associated with intangible assets	Amortization expense associated with intangible assets for each of the next five years is expected to be as follows: ( in thousands ) Estimated Amortization ** Remainder of 2016 $ 63,001 2017 $ 100,988 2018 $ 99,530 2019 $ 99,148 2020 $ 89,266 Thereafter $ 798,100 ** The functional currency of certain foreign subsidiaries differs from the U.S. Dollar, so these amounts are subject to change as exchange rates fluctuate.
Activity related to goodwill and amortizable intangible assets by business segment	Activity related to goodwill by business segment consisted of the following: (in thousands) U.S. Networks International Networks Corporate and Other Total Goodwill Balance as of December 31, 2015 $ 510,484 $ 1,294,264 $ - $ 1,804,748 Update to purchase price accounting during the measurement period - (19,879 ) - (19,879 ) Foreign currency translation adjustment - 37,468 - 37,468 Balance as of March 31, 2016 $ 510,484 $ 1,311,853 $ - $ 1,822,337

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Accrued Liabilities Current Portion [Abstract]
Other Accrued Liabilities	The following table outlines the details within other accrued liabilities: As of (in thousands) March 31, 2016 December 31, 2015 Accrued rent $ 20,085 $ 21,736 Accrued advertising rebates 25,642 20,808 Accrued interest 39,961 8,400 Accrued taxes 116,145 2,029 Accrued other expenses 66,828 95,559 Total $ 268,661 $ 148,532

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-term debt	Debt consisted of the following: As of (in thousands) Maturity March 31, 2016 December 31, 2015 Amended Revolving Credit Facility 2019 - 2020 $ 65,000 $ 389,170 Term Loan 2017 249,180 249,129 2.70% Senior Notes 2016 499,399 499,174 2.75% Senior Notes 2019 496,026 495,750 TVN 7.38% Senior Notes 2020 412,572 399,986 2.80% Senior Notes 2020 594,175 593,796 3.50% Senior Notes 2022 395,521 395,309 3.90% Senior Notes 2024 493,402 493,210 3.95% Senior Notes 2025 494,918 494,748 Total debt $ 3,700,193 $ 4,010,272 Current portion of debt (499,399 ) (499,174 ) Debt (less current portion) $ 3,200,794 $ 3,511,098 Fair value of long-term debt * $ 3,716,391 $ 3,977,985 *The fair value of the Senior Notes was estimated using level 2 inputs comprised of quoted prices in active markets, market indices and interest rate measurements for debt with similar remaining maturity.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Components of pension plan and SERP expense	The components of the Pension Plan and SERP expense consisted of the following: Pension Plan SERP Three months ended March 31, Three months ended March 31, (in thousands) 2016 2015 2016 2015 Interest cost $ 776 $ 732 $ 433 $ 335 Expected return on plan assets, net of expenses (822 ) (949 ) - - Special termination benefits - 583 - 166 Amortization of net loss 530 568 516 604 Total $ 484 $ 934 $ 949 $ 1,105

Other Non-Current Liabilities (

Other Non-Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Other Liabilities Disclosure [Abstract]
Other Liabilities	The following table outlines the details within other liabilities: As of (in thousands) March 31, 2016 December 31, 2015 Pension and post-employment benefits $ 73,012 $ 73,683 Deferred compensation 44,034 41,992 Uncertain tax positions 116,299 101,908 Other 35,761 32,808 Other non-current liabilities $ 269,106 $ 250,391

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Unrecognized Share-Based Compensation Expense	As of March 31, 2016, unrecognized share-based compensation expense was as follows: (in thousands) Amount Weighted-Average Period Stock options $ 3,651 2.2 years RSUs and PBRSUs 24,925 2.0 years Total unrecognized share-based compensation $ 28,576

Comprehensive Income (Tables)

Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest [Abstract]
Schedule of accumulated other comprehensive income (loss)	Changes in the accumulated other comprehensive income or loss (“AOCI”) balance by component consisted of the following: Three months ended March 31, 2016 2015 (in thousands) Currency Translation Pension Plan and SERP Liability Currency Translation Pension Plan and SERP Liability AOCI beginning period balance $ (98,239 ) $ (31,994 ) $ (25,122 ) $ (32,769 ) Other comprehensive income (loss) before reclassifications 40,818 — (26,735 ) — Amounts reclassified from AOCI — 666 — 664 Net current-period other comprehensive income (loss) 40,818 666 (26,735 ) 664 AOCI end of period balance $ (57,421 ) $ (31,328 ) $ (51,857 ) $ (32,105 )

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Information regarding business segments	Intersegment revenue eliminations are included in Corporate and Other and totaled $6.6 million and $4.7 million for the three months ended March 31, 2016 and March 31, 2015, respectively. Our Chief Operating Decision Maker (“CODM”), whom we have identified as our Chief Executive Officer, evaluates the operating performance of our businesses and makes decisions about the allocation of resources to the businesses using a non-GAAP measure we call segment profit. Segment profit excludes interest, income taxes, depreciation and amortization, divested operating units, investment results and certain other items included in net income determined in accordance with GAAP. Information regarding our segments is as follows: Three months ended March 31, (in thousands) 2016 2015 Segment operating revenues: U.S. Networks $ 702,195 $ 638,904 International Networks 121,338 24,065 Corporate and Other (6,655 ) (4,719 ) Total operating revenues $ 816,878 $ 658,250 Segment profit (loss): U.S. Networks $ 359,497 $ 300,504 International Networks 9,789 (5,879 ) Corporate and Other (30,896 ) (37,709 ) Total segment profit 338,390 256,916 Depreciation 17,539 16,895 Amortization of intangible assets 31,062 11,695 (Gain) loss on disposal of property and equipment (242 ) 2,516 Other operating expenses 48,359 31,106 Operating income 290,031 225,810 Interest expense, net (33,745 ) (12,967 ) Equity in earnings of affiliates 25,678 18,945 Gain on derivatives 2,766 5,933 Gain on sale of equity-method investment 208,197 - Miscellaneous, net 6,066 (402 ) Income from operations before income taxes $ 498,993 $ 237,319 Depreciation: U.S. Networks $ 14,153 $ 14,712 International Networks 3,125 1,129 Corporate and Other 261 1,054 Total depreciation $ 17,539 $ 16,895 Amortization of intangible assets: U.S. Networks $ 10,021 $ 9,940 International Networks 21,041 1,755 Corporate and Other - - Total amortization of intangible assets $ 31,062 $ 11,695 (Gain) loss on disposal of property and equipment U.S. Networks $ 42 $ 3,547 International Networks (284 ) - Corporate and Other - (1,031 ) Total (gain) loss on disposal of property and equipment $ (242 ) $ 2,516 Equity in earnings of affiliates: U.S. Networks $ 7,732 $ 10,021 International Networks 17,946 8,924 Corporate and Other - - Total equity in earnings of affiliates $ 25,678 $ 18,945 Three months ended March 31, (in thousands) 2016 2015 Additions to property and equipment: U.S. Networks $ 8,671 $ 7,669 International Networks 2,674 280 Corporate and Other - 1,450 Total additions to property and equipment $ 11,345 $ 9,399 Operating revenues by geographic location: United States $ 701,888 $ 642,805 Poland 97,758 - Other International 17,232 15,445 Total operating revenues $ 816,878 $ 658,250 As of March 31, 2016 December 31, 2015 Assets: U.S. Networks $ 2,838,404 $ 2,937,428 International Networks 3,339,956 3,276,989 Corporate and Other 459,964 457,897 Total assets $ 6,638,324 $ 6,672,314 Long-lived assets by geographic location: United States $ 1,902,360 $ 1,903,918 Poland 2,449,330 2,406,842 Other International 508,518 541,719 Total long-lived assets $ 4,860,208 $ 4,852,479

Description of Business and B40

Description of Business and Basis of Presentation - Additional Information (Details)	3 Months Ended
	Mar. 31, 2016Segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of reportable segments	2

Earnings per Share - Summary of

Earnings per Share - Summary of Basic and Diluted Weighted Average Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Weighted average basic shares outstanding	129,295	131,259
Effect of dilutive securities:
Unvested share units and shares held by employees (in shares)	208	155
Stock options held by employees and directors (in shares)	287	528
Diluted weighted average shares outstanding (in shares)	129,790	131,942
Anti-dilutive share awards (in shares)	1,711	337

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) $ in Thousands, € in Millions, shares in Millions	Nov. 16, 2015EUR (€)	Sep. 15, 2015EUR (€)	Jul. 01, 2015USD ($)	Jul. 01, 2015EUR (€)	Mar. 31, 2016USD ($)shares	Mar. 31, 2016EUR (€)shares	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Sep. 28, 2015	Jul. 31, 2015EUR (€)	Jul. 06, 2015USD ($)	Jul. 06, 2015PLN / shares	Jul. 01, 2015EUR (€)	Jun. 26, 2015USD ($)	May. 31, 2015USD ($)
Business Acquisition [Line Items]
Business acquisition consideration | $					$ 99,000
Cash consideration						€ 584
Foreign currency option premium | $					16,000		$ 16,000
Call option cost | $			$ 625,000
Pre-payment of long term debt | $					325,000		$ 1,010,000
Goodwill | $					1,822,337			$ 1,804,748
Term Loan [Member]
Business Acquisition [Line Items]
Debt Instrument, Face Amount | $														$ 250,000
Revolving Credit Facility
Business Acquisition [Line Items]
Line of Credit Facility, Current Borrowing Capacity | $															$ 900,000
N-Vision B.V. [Member]
Business Acquisition [Line Items]
Outstanding shares acquired, percentage			100.00%										100.00%
Business acquisition consideration					1,608,600	€ 1,440
Cash consideration			$ 652,365	€ 584
Assumption of debt			956,200										€ 856
Proceeds from issuance of debt | $			1,500,000
Payments To Retire										€ 364.9
Senior P I K Toggle Notes Value										€ 300
Goodwill | $			1,239,568		$ 1,239,600
TVN [Member]
Business Acquisition [Line Items]
Outstanding shares acquired, percentage									100.00%
Assumption of debt			621,100										€ 556
Outstanding voting share purchase price amount | $			831,500								$ 853,900
Outstanding voting share purchase price amount through squeeze-out. | $			22,400
Total consideration for acquisition | $			$ 2,462,500
Percentage of voting share controlling interest			52.70%										52.70%
Percentage offer of minimum ownership					66.00%	66.00%
Outstanding voting share purchase price per share | PLN / shares												PLN 20
Acquisition of additional shares | shares					156.7	156.7
Cumulative percentage of ownership of outstanding share capital											98.80%
TVN [Member] | TVN 7.38% Senior Notes [Member]
Business Acquisition [Line Items]
Debt instrument Stated interest rate		7.38%
Pre-payment of long term debt		€ 45.1
Pre-payment of principal amount		43
Pre-payment of accrued interest		0.8
Pre-payment of premium	€ 1.3	€ 1.3
Pre Payment Percentage Of Right From Outstanding Principal Amount		10.00%
Senior note maturity date	45.6
Debt Instrument, Principal amount	43
Debt Instrument, Accrued but unpaid interest	€ 1.3
TVN [Member] | TVN 7.88% Senior Notes [Member]
Business Acquisition [Line Items]
Debt instrument Stated interest rate	7.88%
Senior note maturity date	€ 118.9
Debt Instrument, Principal amount	116.6
Debt Instrument, premium	€ 2.3

Acquisitions - Fair Values of A

Acquisitions - Fair Values of Assets Acquired and Liabilities Assumed (Details) $ in Thousands, € in Millions	Jul. 01, 2015USD ($)	Jul. 01, 2015EUR (€)	Mar. 31, 2016EUR (€)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Balance Sheet Classification
Cash consideration | €			€ 584
Liabilities assumed:
Goodwill				$ 1,822,337	$ 1,804,748
N-Vision B.V. [Member]
Balance Sheet Classification
Cash consideration	$ 652,365	€ 584
Assets acquired:
Cash and cash equivalents	105,714
Restricted cash	7,342
Accounts receivable	110,387
Other current assets	21,592
Investments	354,719
Property and equipment	92,133
Programs and program licenses	79,211
Other intangible assets	760,636
Liabilities assumed:
Accounts payable	28,941
Program rights payable (current portion)	19,395
Deferred revenue	2,132
Employee compensation and benefits	27,896
Accrued marketing and advertising	543
Other accrued liabilities	64,224
Deferred income taxes	23,651
Program rights payable (less current portion)	3,492
Other non-current liabilities	5,624
Non-controlling interest	858,530
Goodwill	1,239,568			$ 1,239,600
Net Assets acquired	652,365
N-Vision B.V. [Member] | TVN 7.88% Senior Notes [Member]
Liabilities assumed:
Long-term debt	128,577
N-Vision B.V. [Member] | TVN 7.38% Senior Notes [Member]
Liabilities assumed:
Long-term debt	528,205
N-Vision B.V. [Member] | Eleven Point Zero Zero And Twelve Point Zero Zero P I K Toggle Notes
Liabilities assumed:
Long-term debt	409,549
N-Vision B.V. [Member] | Term Loan [Member]
Liabilities assumed:
Long-term debt	$ 18,178

Acquisitions - Preliminary Fair

Acquisitions - Preliminary Fair Value of Identifiable Intangible Assets and Estimated Useful Lives (Details) $ in Thousands	Jul. 01, 2015USD ($)
Acquired Finite Lived Intangible Assets [Line Items]
Intangible Assets acquired	$ 760,636
Copyrights and other trade names [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortizable intangible assets, life in years	23 years
Intangible Assets acquired	$ 333,912
Broadcast licenses [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortizable intangible assets, life in years	25 years
Intangible Assets acquired	$ 128,017
Advertiser lists [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortizable intangible assets, life in years	7 years
Intangible Assets acquired	$ 106,681
Customer lists [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortizable intangible assets, life in years	15 years
Intangible Assets acquired	$ 26,670
Acquired network distribution rights and other [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortizable intangible assets, life in years	20 years
Intangible Assets acquired	$ 165,356

Acquisitions - Pro forma Result

Acquisitions - Pro forma Results (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2015USD ($)$ / sharesshares
Business Combinations [Abstract]
Pro forma revenues | $	$ 755,843
Pro forma net income attributable to SNI | $	$ 139,535
Pro forma net income attributable to SNI per basic share of common stock | $ / shares	$ 1.06
Pro forma net income attributable to SNI per diluted share of common stock | $ / shares	$ 1.06
Weighted average basic shares outstanding | shares	131,259
Weighted average diluted shares outstanding | shares	131,942

Employee Termination Programs -

Employee Termination Programs - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Restructuring Cost And Reserve [Line Items]
Increase (decrease) in net income related to voluntary early retirement and termination costs	$ 200	$ (3,400)
Net income attributable to SNI	290,897	123,843
Voluntary Early Retirement Program and Employee Termination [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring charges	300	$ 5,500
Reorganization [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring charges	7,281
Net income attributable to SNI	(4,500)
Costs for severance, retention, relocation and benefit cost	$ 7,300

Employee Termination Programs47

Employee Termination Programs - Summary of Rollforward of the Liability Related to Restructuring Plan By Segment (Details) - Voluntary Early Retirement Program, Employee Termination and Contract Termination Costs [Member] - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance		$ 5,919	$ 14,072
Net accruals		(310)	5,372
Payments		(4,925)	(10,718)
Non-cash	[1]	333	(473)
Liability, ending balance		1,017	8,253
U.S. Networks [Member]
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance		605	12,041
Net accruals		5	3,341
Payments		(610)	(9,815)
Liability, ending balance			5,567
Corporate and Other [Member]
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance		5,314	2,031
Net accruals		(315)	2,031
Payments		(4,315)	(903)
Non-cash	[1]	333	(473)
Liability, ending balance		$ 1,017	$ 2,686
[1]	Primarily represents the reclassification of accelerated depreciation, pension payments made from the pension plan and share-based compensation included in current period charges.

Employee Termination Programs48

Employee Termination Programs - Summary of Rollforward of the Liability Related to the Charges By Segment (Details) - Reorganization [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance	$ 3,266
Net accruals	7,281
Payments	(4,438)
Non-cash	(1,441)	[1]
Liability, ending balance	4,668
U.S. Networks [Member]
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance	3,258
Net accruals	3,762
Payments	(2,057)
Non-cash	(310)	[1]
Liability, ending balance	4,653
Corporate and Other [Member]
Restructuring Cost And Reserve [Line Items]
Liability, beginning balance	8
Net accruals	3,519
Payments	(2,381)
Non-cash	(1,131)	[1]
Liability, ending balance	$ 15
[1]	Primarily represents the reclassification of share-based compensation included in current period charges.

Fair Value Measurement - Fair V

Fair Value Measurement - Fair Value on a Recurring Measurements (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets:
Cash equivalents	$ 39,283	$ 80,944
Derivative liability	(211)
Derivative asset		615
Total assets measured at fair value on a recurring basis	39,072	81,559
Temporary equity - Redeemable non-controlling interests		99,000
Level 1 [Member]
Assets:
Cash equivalents	39,283	80,944
Total assets measured at fair value on a recurring basis	39,283	80,944
Level 2 [Member]
Assets:
Derivative liability	(211)
Derivative asset		615
Total assets measured at fair value on a recurring basis		615
Total liability measured at fair value on a recurring basis	$ (211)
Level 3 [Member]
Assets:
Temporary equity - Redeemable non-controlling interests		$ 99,000

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Details) - USD ($) $ in Millions	Feb. 25, 2016	Mar. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate		10.50%
Travel Channel [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Ownership interest (in hundredths)	35.00%
Fair value of residual interest acquired	$ 99
Ownership interest (in hundredths)	100.00%	100.00%

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Activity for Account Balances Whose Fair Value Measurements are Estimated Utilizing Level 3 Inputs (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Redeemable Noncontrolling Interests [Roll Forward]
Net income (loss)	$ 379,569	$ 139,278
Fair value adjustments	2,626	(1,081)
Redeemable Noncontrolling Interests (Temporary Equity) [Member]
Redeemable Noncontrolling Interests [Roll Forward]
Beginning period balance	99,000	96,251	$ 96,251
Net income (loss)	2,626	236	(2,760)
Fair value adjustments	(2,626)	$ 1,081	17,794
Dividends paid to non-controlling interests			(12,985)
Additions to non-controlling interests			700
Purchase of non-controlling interest	$ (99,000)
Ending period balance			$ 99,000

Investments - Summary of Invest

Investments - Summary of Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule Of Investments [Abstract]
Equity-method investments	$ 746,530	$ 741,823
Cost method investments	65,807	65,807
Total investments	$ 812,337	$ 807,630

Investments - Equity Method Inv

Investments - Equity Method Investments (Details)		Mar. 31, 2016	Dec. 31, 2015
UKTV [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)		50.00%	50.00%
HGTV Magazine JV [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)		50.00%	50.00%
Food Network Magazine JV [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)		50.00%	50.00%
Everytap [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)	[1]	40.00%	40.00%
HGTV Canada [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)		33.00%	33.00%
nC+ [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)	[1]	32.00%	32.00%
Food Canada [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)		29.00%	29.00%
Onet [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)	[1]	25.00%	25.00%
Fox-BRV Southern Sports Holdings [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (in hundredths)			7.30%
[1]	Acquired as a part of the Acquisition

Investments - Additional Inform

Investments - Additional Information (Details) - USD ($) $ in Thousands		Feb. 25, 2016	Mar. 31, 2016	Mar. 31, 2015	Feb. 24, 2016	Dec. 31, 2015
Schedule Of Investments [Line Items]
Other non-current assets			$ 155,622			$ 161,308
Equity-method investments			746,530			741,823
Equity in earnings of affiliates			25,678	$ 18,945
Gain on sale of equity investments			208,197
Tax expense on sale of equity investments			159,047	71,249
UKTV [Member]
Schedule Of Investments [Line Items]
Other non-current assets			108,800			112,100
Equity-method investments			$ 349,600			$ 353,400
Ownership interest (in hundredths)			50.00%			50.00%
Equity in earnings of affiliates			$ 10,900	11,100
Amortization			$ 3,400	$ 4,200
nC+ [Member]
Schedule Of Investments [Line Items]
Ownership interest (in hundredths)	[1]		32.00%			32.00%
Fox-BRV Southern Sports Holdings [Member]
Schedule Of Investments [Line Items]
Ownership interest (in hundredths)						7.30%
Equity method investment ownership percentage sold					7.30%
Divestiture, cash purchase price		$ 225,000
Gain on sale of equity investments			$ 208,200
Tax expense on sale of equity investments			$ 73,600
[1]	Acquired as a part of the Acquisition

Investments - Summary of Estima

Investments - Summary of Estimated Amortization (Details) $ in Thousands	Mar. 31, 2016USD ($)
Finite Lived Intangible Assets [Line Items]
Remainder of 2016	$ 63,001	[1]
2,017	100,988	[1]
2,018	99,530	[1]
2,019	99,148	[1]
2,020	89,266	[1]
Thereafter	798,100	[1]
UKTV [Member]
Finite Lived Intangible Assets [Line Items]
Remainder of 2016	10,043
2,017	13,559
2,018	13,655
2,019	13,655
2,020	13,750
Thereafter	100,313
nC+ [Member]
Finite Lived Intangible Assets [Line Items]
Remainder of 2016	3,074	[2]
2,017	4,060	[2]
2,018	4,071	[2]
2,019	4,060	[2]
2,020	4,050	[2]
Thereafter	$ 27,278	[2]
[1]	The functional currency of certain foreign subsidiaries differs from the U.S. Dollar, so these amounts are subject to change as exchange rates fluctuate.
[2]	The functional currency of nC+ is the Polish Zloty, so these amounts are subject to change as the PLN to U.S. Dollar exchange rates fluctuate

Goodwill and Other Intangible56

Goodwill and Other Intangible Assets - Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Finite Lived Intangible Assets [Line Items]
Goodwill	$ 1,822,337	$ 1,804,748
Amortizable intangible assets:
Total carrying amount	1,622,644	1,603,096
Total accumulated amortization	(372,611)	(340,432)
Total other intangible assets, net	1,250,033	1,262,664
Acquired network distribution [Member]
Amortizable intangible assets:
Total carrying amount	748,251	744,962
Total accumulated amortization	(205,858)	(195,678)
Customer and advertiser lists [Member]
Amortizable intangible assets:
Total carrying amount	227,409	223,726
Total accumulated amortization	(86,907)	(81,892)
Copyrights and other trade names [Member]
Amortizable intangible assets:
Total carrying amount	399,455	390,111
Total accumulated amortization	(44,579)	(30,875)
Broadcast licenses [Member]
Amortizable intangible assets:
Total carrying amount	127,661	124,030
Total accumulated amortization	(4,133)	(2,524)
Acquired rights and other [Member]
Amortizable intangible assets:
Total carrying amount	119,868	120,267
Total accumulated amortization	$ (31,134)	$ (29,463)

Goodwill and Other Intangible57

Goodwill and Other Intangible Assets - Summary of Amortization Expense Associated with Intangible Assets (Details) $ in Thousands	Mar. 31, 2016USD ($)	[1]
Estimated future amortization expense [Abstract]
Remainder of 2016	$ 63,001
2,017	100,988
2,018	99,530
2,019	99,148
2,020	89,266
Thereafter	$ 798,100
[1]	The functional currency of certain foreign subsidiaries differs from the U.S. Dollar, so these amounts are subject to change as exchange rates fluctuate.

Goodwill and Other Intangible58

Goodwill and Other Intangible Assets - Activity Related to Goodwill by Business Segment (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Goodwill [Line Items]
Balance as of beginning of period	$ 1,804,748
Update to purchase price accounting during the measurement period	(19,879)
Foreign currency translation adjustment	37,468
Balance as of end of period	1,822,337
U.S. Networks [Member]
Goodwill [Line Items]
Balance as of beginning of period	510,484
Balance as of end of period	510,484
International Networks [Member]
Goodwill [Line Items]
Balance as of beginning of period	1,294,264
Update to purchase price accounting during the measurement period	(19,879)
Foreign currency translation adjustment	37,468
Balance as of end of period	$ 1,311,853

Other Accrued Liabilities (Deta

Other Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accrued Liabilities Current [Abstract]
Accrued rent	$ 20,085	$ 21,736
Accrued advertising rebates	25,642	20,808
Accrued interest	39,961	8,400
Accrued taxes	116,145	2,029
Accrued other expenses	66,828	95,559
Total	$ 268,661	$ 148,532

Debt - Long-Term Debt (Details)

Debt - Long-Term Debt (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Dec. 31, 2015	Jun. 26, 2015
Debt Instrument [Line Items]
Total debt		$ 3,700,193	$ 4,010,272
Current portion of debt		(499,399)	(499,174)
Debt (less current portion)		3,200,794	3,511,098
Fair value of long-term debt *	[1]	3,716,391	3,977,985
Amended Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amended Revolving Credit Facility		$ 65,000	389,170
Amended Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Date		Mar. 31, 2019
Amended Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Date		Mar. 31, 2020
2.70 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 499,399	499,174
Debt Instrument Maturity Date		Dec. 31, 2016
2.75 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 496,026	495,750
Debt Instrument Maturity Date		May 15, 2019
TVN 7.38% Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 412,572	399,986
Debt Instrument Maturity Date		Dec. 31, 2020
2.80 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 594,175	593,796
Debt Instrument Maturity Date		Dec. 31, 2020
3.50 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 395,521	395,309
Debt Instrument Maturity Date		Dec. 31, 2022
3.90 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 493,402	493,210
Debt Instrument Maturity Date		Nov. 15, 2024
3.95 % Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes		$ 494,918	494,748
Debt Instrument Maturity Date		Dec. 31, 2025
Term Loan [Member]
Debt Instrument [Line Items]
Term Loan		$ 249,180	$ 249,129	$ 250,000
Debt Instrument Maturity Date		Jun. 30, 2017
[1]	The fair value of the Senior Notes was estimated using level 2 inputs comprised of quoted prices in active markets, market indices and interest rate measurements for debt with similar remaining maturity.

Debt - Long-Term Debt (Parenthe

Debt - Long-Term Debt (Parenthetical) (Details)	Mar. 31, 2016
2.70 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	2.70%
2.75 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	2.75%
TVN 7.38% Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	7.38%
2.80 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	2.80%
3.50 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	3.50%
3.90 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	3.90%
3.95 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument Stated interest rate	3.95%

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)	May. 31, 2015	Mar. 31, 2014	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Jun. 26, 2015
Debt Instrument [Line Items]
Debt issuance of costs			$ 18,700,000
Amortization of debt issuance costs			1,700,000	$ 800,000
Term Loan [Member]
Debt Instrument [Line Items]
Term Loan			$ 249,180,000		$ 249,129,000	$ 250,000,000
Debt Instrument Maturity Date			Jun. 30, 2017
Weighted average interest rate			1.52%
Debt Instrument, Face Amount						$ 250,000,000
2.70 % Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount			$ 500,000,000
Minimum [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (in hundredths)			62.50%
Maximum [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (in hundredths)			137.50%
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,150,000,000	$ 650,000,000
Expiration date of revolving credit facility		Mar. 31, 2019	Mar. 31, 2020
Line of credit facility, additional borrowing capacity	250,000,000
Line of credit facility, remaining borrowing capacity	32,500,000
Line of Credit Facility, Current Borrowing Capacity	$ 900,000,000
Line of credit facility, interest rate description			LIBOR plus a range of 69 to 130 basis points, and a facility fee ranging from 6 to 20 basis points, also subject to the Company’s credit ratings.
Revolving credit facility			$ 65,000,000		389,200,000
Outstanding borrowings interest rate			1.54%
Letters of credit outstanding, amount			$ 1,100,000		$ 1,100,000
Revolving Credit Facility | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (in hundredths)			69.00%
Basis spread on variable rate, commitment fee (in hundredths)			6.00%
Revolving Credit Facility | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (in hundredths)			130.00%
Basis spread on variable rate, commitment fee (in hundredths)			20.00%

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Pension Plan and SERP Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 776	$ 732
Expected return on plan assets, net of expenses	(822)	(949)
Special termination benefits		583
Amortization of net loss	530	568
Total	484	934
SERP [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost	433	335
Special termination benefits		166
Amortization of net loss	516	604
Total	$ 949	$ 1,105

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Cash Surrender Value of Life Insurance	$ 26,300,000		$ 27,000,000
Deferred compensation	44,000,000		42,000,000
Rabbi Trust [Member]
Defined Benefit Plan Disclosure [Line Items]
Assets held in trust, current	41,200,000		42,800,000
Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Assets held in trust, current	14,900,000		$ 15,800,000
Defined Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions	10,000,000	$ 0
SERP [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions	1,700,000	$ 100,000
Expected benefit payments to SERP	$ 6,900,000

Other Non-Current Liabilities -

Other Non-Current Liabilities - Other Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Pension and post-employment benefits	$ 73,012	$ 73,683
Deferred compensation	44,034	41,992
Uncertain tax positions	116,299	101,908
Other	35,761	32,808
Other non-current liabilities	$ 269,106	$ 250,391

Foreign Exchange Risk Managem66

Foreign Exchange Risk Management - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Gross notional amount	$ 114,800,000		$ 118,600,000
Recognized gains from forward contracts	2,800,000	$ 5,900,000
Foreign currency transaction gain (loss) before tax	$ 8,900,000	$ (5,400,000)

Redeemable Non-controlling In67

Redeemable Non-controlling Interests and Non-controlling Interest - Additional Information (Details) - USD ($) $ in Millions	Feb. 25, 2016	Mar. 31, 2016
Noncontrolling Interest [Line Items]
Voting interest held by the company (in hundredths)		80.00%
Travel Channel [Member]
Noncontrolling Interest [Line Items]
Ownership interest held by noncontrolling interest (in hundredths)		35.00%
Fair value of residual interest acquired	$ 99
Ownership interest (in hundredths)	100.00%	100.00%

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)Directorshares	Mar. 31, 2015USD ($)shares
Capital stock [Abstract]
Number of directors entitled to be elected, minimum | Director	3
Percentage of directors entitled to be elected, maximum	33.33%
Incentive Plans [Abstract]
LTI Plan expiration date	Feb. 28, 2025
Shares available for future stock compensation grants (in million shares)	7,000,000
Grants in period, stock options (in shares)	500,000	400,000
Grants in period, restricted share awards (in shares)	400,000	200,000
Share based compensation costs | $	$ 17.7	$ 17.1
Share Repurchase Program [Abstract]
Repurchase of class A common shares (in shares)	0	3,986,275
Cost of shares repurchased | $		$ 288.5
Authorized amount | $	$ 1,512.5
Scripps Family Members [Member]
Share Repurchase Program [Abstract]
Repurchase of class A common shares (in shares)		3,000,000
Cost of shares repurchased | $		$ 216.8
Common Class A [Member]
Capital stock [Abstract]
Shares reserved for issuance of stock	8,000,000

Shareholders' Equity - Unrecogn

Shareholders' Equity - Unrecognized Share Based Compensation Expense (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized share-based compensation	$ 28,576
Stock options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized share-based compensation	$ 3,651
Weighted-Average Period	2 years 2 months 12 days
RSUs and PBRSUs [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized share-based compensation	$ 24,925
Weighted-Average Period	2 years

Comprehensive Income - Schedule

Comprehensive Income - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
AOCI beginning balance	$ (130,233)
AOCI ending balance	(88,749)
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
AOCI beginning balance	(98,239)	$ (25,122)
Other comprehensive income (loss) before reclassifications	40,818	(26,735)
Net current-period other comprehensive income (loss)	40,818	(26,735)
AOCI ending balance	(57,421)	(51,857)
Pension Plan and SERP Liability Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
AOCI beginning balance	(31,994)	(32,769)
Amounts reclassified from AOCI	666	664
Net current-period other comprehensive income (loss)	666	664
AOCI ending balance	$ (31,328)	$ (32,105)

Comprehensive Income - Addition

Comprehensive Income - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest [Abstract]
Amounts reclassified to net earnings relating to amortization of actuarial losses	$ 1	$ 1.2

Segment Information - Additiona

Segment Information - Additional Information (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)Segment	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Segment Operating Revenues
Number of reportable segments | Segment	2
Total Assets	$ 6,638,324		$ 6,672,314
ASSETS
Intersegment revenue	816,878	$ 658,250
Outside the U.S. [Member]
Segment Operating Revenues
Total Assets	$ 3,300,400		$ 3,238,200
Customer Concentration Risk [Member] | Sales Revenue Net [Member]
Segment Operating Revenues
Concentration risks	10.00%
Intersegment Revenue Eliminations [Member]
ASSETS
Intersegment revenue	$ (6,655)	$ (4,719)
Food Network Partnership [Member]
ASSETS
Ownership interest (in hundredths)	68.70%

Segment Information - Informati

Segment Information - Information Regarding Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Operating Revenues
Intersegment revenue	$ 816,878	$ 658,250
Segment Profit (Loss)
Total segment profit	338,390	256,916
Depreciation	17,539	16,895
Amortization of intangible assets	31,062	11,695
(Gain) loss on disposal of property and equipment	(242)	2,516
Other operating expenses	48,359	31,106
Operating income	290,031	225,810
Interest expense, net	(33,745)	(12,967)
Equity in earnings of affiliates	25,678	18,945
Gain on derivatives	2,766	5,933
Gain on sale of equity-method investment	208,197
Miscellaneous, net	6,066	(402)
Income from operations before income taxes	498,993	237,319
Depreciation [Abstract]
Depreciation	17,539	16,895
Amortization of intangible assets [Abstract]
Amortization of intangible assets	31,062	11,695
Loss (gain) on disposal of property and equipment [Abstract]
(Gain) loss on disposal of property and equipment	(242)	2,516
Equity in earnings of affiliates [Abstract]
Equity in earnings of affiliates	25,678	18,945
Additions to property and equipment	11,345	9,399
Total Assets	6,638,324		$ 6,672,314
Long-lived assets	4,860,208		4,852,479
U S
Segment Operating Revenues
Intersegment revenue	701,888	642,805
Equity in earnings of affiliates [Abstract]
Long-lived assets	1,902,360		1,903,918
P L
Segment Operating Revenues
Intersegment revenue	97,758
Equity in earnings of affiliates [Abstract]
Long-lived assets	2,449,330		2,406,842
Other International
Segment Operating Revenues
Intersegment revenue	17,232	15,445
Equity in earnings of affiliates [Abstract]
Long-lived assets	508,518		541,719
Operating Segments [Member] | U.S. Networks [Member]
Segment Operating Revenues
Intersegment revenue	702,195	638,904
Segment Profit (Loss)
Total segment profit	359,497	300,504
Depreciation	14,153	14,712
Amortization of intangible assets	10,021	9,940
(Gain) loss on disposal of property and equipment	42	3,547
Equity in earnings of affiliates	7,732	10,021
Depreciation [Abstract]
Depreciation	14,153	14,712
Amortization of intangible assets [Abstract]
Amortization of intangible assets	10,021	9,940
Loss (gain) on disposal of property and equipment [Abstract]
(Gain) loss on disposal of property and equipment	42	3,547
Equity in earnings of affiliates [Abstract]
Equity in earnings of affiliates	7,732	10,021
Additions to property and equipment	8,671	7,669
Total Assets	2,838,404		2,937,428
Operating Segments [Member] | U.S. Networks [Member]
Segment Operating Revenues
Intersegment revenue	121,338	24,065
Segment Profit (Loss)
Total segment profit	9,789	(5,879)
Depreciation	3,125	1,129
Amortization of intangible assets	21,041	1,755
(Gain) loss on disposal of property and equipment	(284)
Equity in earnings of affiliates	17,946	8,924
Depreciation [Abstract]
Depreciation	3,125	1,129
Amortization of intangible assets [Abstract]
Amortization of intangible assets	21,041	1,755
Loss (gain) on disposal of property and equipment [Abstract]
(Gain) loss on disposal of property and equipment	(284)
Equity in earnings of affiliates [Abstract]
Equity in earnings of affiliates	17,946	8,924
Additions to property and equipment	2,674	280
Total Assets	3,339,956		3,276,989
Intersegment Revenue Eliminations [Member]
Segment Operating Revenues
Intersegment revenue	(6,655)	(4,719)
Corporate and Other [Member]
Segment Profit (Loss)
Total segment profit	(30,896)	(37,709)
Depreciation	261	1,054
(Gain) loss on disposal of property and equipment		(1,031)
Depreciation [Abstract]
Depreciation	261	1,054
Loss (gain) on disposal of property and equipment [Abstract]
(Gain) loss on disposal of property and equipment		(1,031)
Equity in earnings of affiliates [Abstract]
Additions to property and equipment		$ 1,450
Total Assets	$ 459,964		$ 457,897