HSN (HSNI) 10-Q 4 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 03, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	HSN, Inc.
Trading Symbol	HSNI
Entity Central Index Key	1,434,729
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		52,285,790
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Net sales	$ 816,765	$ 841,887
Cost of sales	527,287	541,681
Gross profit	289,478	300,206
Operating expenses:
Selling and marketing	179,161	179,206
General and administrative	49,963	52,742
Depreciation and amortization	10,525	11,249
Total operating expenses	239,649	243,197
Operating income	49,829	57,009
Other income (expense):
Interest income	25	40
Interest expense	(4,172)	(3,337)
Total other expense, net	(4,147)	(3,297)
Income before income taxes	45,682	53,712
Income tax provision	(17,097)	(20,023)
Net income	$ 28,585	$ 33,689
Net income per share:
Basic (usd per share)	$ 0.55	$ 0.64
Diluted (usd per share)	$ 0.54	$ 0.63
Shares used in computing earnings per share:
Basic (shares)	52,378	52,573
Diluted (shares)	52,919	53,760
Dividends declared per share	$ 0.35	$ 10.35

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 28,585	$ 33,689
Other comprehensive loss:
Change in fair value of derivative instrument, net of tax	(249)	(499)
Other comprehensive loss, net of tax	(249)	(499)
Comprehensive income	$ 28,336	$ 33,190

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Current assets:
Cash and cash equivalents	$ 46,785	$ 63,926	$ 77,547
Accounts receivable, net of allowance of $19,706, $20,631 and $16,997, respectively	217,878	306,575	218,651
Inventories	441,977	428,025	435,902
Prepaid expenses and other current assets	55,481	45,402	57,547
Total current assets	762,121	843,928	789,647
Property and equipment, net	206,344	211,793	194,023
Intangible assets, net	255,266	255,268	261,864
Goodwill	9,858	9,858	9,858
Other non-current assets	12,718	13,724	9,306
TOTAL ASSETS	1,246,307	1,334,571	1,264,698
Current liabilities:
Accounts payable, trade	209,933	254,704	211,553
Current maturities of long-term debt	25,000	25,000	6,250
Accrued expenses and other current liabilities	204,897	235,042	221,596
Total current liabilities	439,830	514,746	439,399
Long-term debt, less current maturities and net of unamortized deferred financing costs	592,302	608,108	660,557
Deferred income taxes	42,929	44,498	53,889
Other long-term liabilities	20,006	20,657	18,124
Total liabilities	$ 1,095,067	$ 1,188,009	$ 1,171,969
Commitments and contingencies (Note 12)
SHAREHOLDERS’ EQUITY:
Preferred stock $0.01 par value; 25,000,000 authorized shares; no issued shares	$ 0	$ 0	$ 0
Common stock $0.01 par value; 300,000,000 authorized shares; 52,283,382, 52,377,798 and 52,565,318 issued shares at March 31, 2016, December 31, 2015 and March 31, 2015, respectively	523	524	526
Additional paid-in capital	1,062,128	1,085,785	1,167,777
Accumulated deficit	(911,067)	(939,652)	(1,075,202)
Accumulated other comprehensive loss	(344)	(95)	(372)
Total shareholders’ equity	151,240	146,562	92,729
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,246,307	$ 1,334,571	$ 1,264,698

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, allowance	$ 19,706	$ 20,631	$ 16,997
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01	$ 0.01
Preferred stock, authorized shares (shares)	25,000,000	25,000,000	25,000,000
Preferred stock, issued shares (shares)	0	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, authorized shares (shares)	300,000,000	300,000,000	300,000,000
Common stock, issued shares (shares)	52,283,382	52,377,798	52,565,318

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]
Balance, shares at Dec. 31, 2014		0	52,426
Balance, value at Dec. 31, 2014	$ 602,341	$ 0	$ 524	$ 1,710,581	$ (1,108,891)	$ 127
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	33,689
Other comprehensive income (loss)	(499)
Balance, value at Mar. 31, 2015	92,729
Balance, shares at Dec. 31, 2014		0	52,426
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock from stock-based compensation awards, including tax benefit, shares			900
Repurchases of common stock, shares			(948)
Balance, shares at Dec. 31, 2015		0	52,378
Balance, value at Dec. 31, 2014	602,341	$ 0	$ 524	1,710,581	(1,108,891)	127
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	169,239				169,239
Other comprehensive income (loss)	(222)					(222)
Stock-based compensation expense for equity awards	18,408			18,408
Cash dividends declared on common stock	(597,864)			(597,864)
Issuance of common stock from stock-based compensation awards, including tax benefit	(13,170)		(9)	(13,161)
Repurchases of common stock	(58,510)		(9)	(58,501)
Balance, value at Dec. 31, 2015	146,562	$ 0	$ 524	1,085,785	(939,652)	(95)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock from stock-based compensation awards, including tax benefit, shares			86
Repurchases of common stock, shares			(181)
Balance, shares at Mar. 31, 2016		0	52,283
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	28,585
Other comprehensive income (loss)	(249)					(249)
Stock-based compensation expense for equity awards	5,376			5,376
Cash dividends declared on common stock	(18,300)			(18,300)
Issuance of common stock from stock-based compensation awards, including tax benefit	(2,063)		$ (1)	(2,064)
Repurchases of common stock	(8,671)		(2)	(8,669)
Balance, value at Mar. 31, 2016	$ 151,240	$ 0	$ 523	$ 1,062,128	$ (911,067)	$ (344)

Consolidated Statements Of Sha7

Consolidated Statements Of Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Statement of Stockholders' Equity [Abstract]
Issuance of common stock from stock-based compensation awards, tax benefit	$ (254)	$ 12,526

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net income	$ 28,585	$ 33,689
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,525	11,249
Stock-based compensation expense	5,376	4,657
Amortization of debt issuance costs	444	831
Deferred income taxes	(1,415)	(1,925)
Bad debt expense	4,588	5,415
Excess tax benefits from stock-based awards	(23)	(3,905)
Other	178	235
Changes in current assets and liabilities:
Accounts receivable	84,109	93,717
Inventories	(13,953)	(37,197)
Prepaid expenses and other assets	(9,248)	(12,159)
Accounts payable, accrued expenses and other current liabilities	(76,725)	(58,258)
Net cash provided by operating activities	32,441	36,349
Cash flows from investing activities:
Capital expenditures	(5,145)	(13,145)
Net cash used in investing activities	(5,145)	(13,145)
Cash flows from financing activities:
Borrowings under term loan	0	500,000
Repayment of term loan	(6,250)	(228,125)
Borrowings under revolving credit facility	45,000	200,000
Repayment of revolving credit facility	(55,000)	(25,000)
Repurchase of common stock	(8,671)	(6,987)
Payments of debt issuance costs	0	(6,584)
Cash dividends paid	(18,300)	(542,748)
Proceeds from issuance of common stock	586	3,816
Tax withholdings related to stock-based awards	(1,825)	(3,919)
Excess tax benefits from stock-based awards	23	3,905
Net cash used in financing activities	(44,437)	(105,642)
Net decrease in cash and cash equivalents	(17,141)	(82,438)
Cash and cash equivalents at beginning of period	63,926	159,985
Cash and cash equivalents at end of period	$ 46,785	$ 77,547

Organization (Note)

Organization (Note)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	ORGANIZATION Company Overview HSN, Inc. (“HSNi”) is an interactive multi-channel retailer that markets and sells a wide range of third party and proprietary merchandise directly to consumers through various platforms including (i) television home shopping programming broadcast on the HSN television networks and other direct-response television marketing; (ii) catalogs, consisting primarily of the Cornerstone portfolio of leading print catalogs which includes Ballard Designs, Chasing Fireflies, Frontgate, Garnet Hill, Grandin Road, Improvements and TravelSmith; (iii) websites, which consist primarily of HSN.com, joymangano.com and the seven branded websites operated by Cornerstone; (iv) mobile applications; (v) retail and outlet stores; and (vi) wholesale distribution of certain proprietary products to other retailers. HSNi’s television home shopping business, related digital sales, outlet stores and wholesale distribution are referred to herein as “HSN” and all catalog operations, including related digital sales and stores, are collectively referred to herein as “Cornerstone.” HSN offerings primarily consist of jewelry, fashion (apparel & accessories), beauty & health (including beauty, wellness and fitness), and home & other (including home, electronics, culinary and other). Merchandise offered by Cornerstone primarily consists of home furnishings (including indoor/outdoor furniture, home décor, tabletop, textiles and other home related goods) and apparel & accessories. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). They do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of HSNi's management, all normal recurring adjustments considered necessary for a fair presentation have been included. Interim results are not necessarily indicative of the results that may be expected for a full year. The accompanying unaudited consolidated financial statements should be read in conjunction with HSNi's audited consolidated financial statements and notes thereto for the year ended December 31, 2015 . The consolidated balance sheet as of December 31, 2015 and the consolidated statement of shareholders' equity for the year ended December 31, 2015 were derived from the audited consolidated financial statements at that date but may not include all disclosures required by GAAP. Intercompany transactions and accounts have been eliminated in consolidation. Recent Accounting Developments Recently Adopted Accounting Standard Updates In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"). ASU 2015-03 simplifies the presentation of debt issuance costs by requiring debt issuance costs to be presented as a deduction from the corresponding debt liability. The new standard is limited to the presentation of debt issuance costs and does not affect their recognition and measurement. ASU 2015-03 is effective for periods beginning after December 15, 2015, including interim periods within that annual period. HSNi retrospectively adopted ASU 2015-03 in the first quarter of 2016 resulting in the reclassification of its debt issuance costs from "Other non-current assets" to a deduction from "Long-term debt, less current maturities and net of unamortized deferred financing costs" in the consolidated balance sheets. See Note 6 for additional information regarding the deferred issuance costs. In April 2015, the FASB issued ASU No. 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement ("ASU 2015-05"), which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for a cloud computing arrangement as a service contract. HSNi prospectively adopted ASU 2015-05 on January 1, 2016 and will apply this guidance to all arrangements entered into or materially modified after the effective date. Accounting Standard Updates Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). ASU 2014-09 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the good or service. Additionally, ASU 2014-09 will disallow the capitalization of direct-response advertising costs which will impact the timing of recognition of Cornerstone's catalog production and distribution costs. In July 2015, the FASB approved a one-year deferral of the effective date of ASU 2014-09. This standard will now become effective for HSNi in the first quarter of 2018. Early adoption is permitted in the first quarter of 2017. HSNi is in the process of assessing the impact of the adoption of ASU 2014-09 to its consolidated financial statements and is evaluating the accounting, transition method, disclosure requirements and timing of adoption. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory (Topic 330) ("ASU 2015-11"). The amendments, which apply to inventory that is measured using any method other than the last-in, first-out (LIFO) or retail inventory method, require that entities measure inventory at the lower of cost or net realizable value. ASU 2015-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016 and should be applied on a prospective basis; however, early adoption is permitted. HSNi will adopt ASU 2015-11 on January 1, 2017. HSNi is currently assessing the potential impact ASU 2015-11 will have to its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases ("ASU 2016-02"). ASU 2016-02 requires lessees to reflect most leases on their balance sheet as assets and obligations. The effective date for the standard is for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. The standard is to be applied on a modified retrospective method. HSNi is currently assessing the timing of adoption of ASU 2016-02 and the impact it will have on its consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718) ("ASU 2016-09"). This standard makes several modifications to Topic 718 related to the accounting for forfeitures, employer tax withholding on share-based compensation and the financial statement presentation of excess tax benefits or deficiencies. ASU 2016-09 also clarifies the statement of cash flows presentation for certain components of share-based awards. The effective date for the standard is for interim and annual reporting periods beginning after December 15, 2016. Early adoption is permitted. HSNi is currently assessing the timing of adoption of ASU 2016-09 and the impact it will have on its consolidated financial statements and related disclosures. Reclassifications Reclassifications were made to prior period amounts to conform to the current year's presentation. Changes included the reclassification of certain operating expenses in the consolidated statement of operations and reclassification of deferred income taxes and deferred financing costs in the consolidated balance sheets due to the implementation of recent accounting standard updates. Current deferred tax assets of $31.1 million in the March 31, 2015 consolidated balance sheet were reclassified as non-current and netted against non-current deferred tax liabilities as a result of retrospectively adopting ASU 2015-17, Balance Sheet Classification of Deferred Taxes, in the fourth quarter of 2015.

Significant Accounting Policies

Significant Accounting Policies Significant Accounting Policies (Note)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	SIGNIFICANT ACCOUNTING POLICIES Accounting Estimates HSNi prepares its financial statements in conformity with GAAP. These principles require management to make certain estimates and assumptions during the preparation of its consolidated financial statements. These estimates and assumptions impact the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net earnings during any period. Actual results could differ from those estimates. In the opinion of HSNi's management, the assumptions underlying these interim unaudited financial statements are reasonable. Significant estimates underlying the accompanying consolidated financial statements include: the determination of the lower of cost or market adjustment for inventory; sales returns and other revenue allowances; the allowance for doubtful accounts; the recoverability of long-lived assets; the impairment of intangible assets; the annual expected effective tax rate; the determination of deferred income taxes, including related valuation allowances; the accrual for actual, pending or threatened litigation, claims and assessments; and assumptions related to the determination of incentive compensation and contingent consideration.

Property And Equipment (Note)

Property And Equipment (Note)	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property And Equipment	PROPERTY AND EQUIPMENT The balance of property and equipment, net, is as follows (in thousands): March 31, December 31, March 31, 2016 2015 2015 Capitalized software $ 237,202 $ 234,249 $ 225,455 Computer and broadcast equipment 93,557 91,533 90,821 Buildings and leasehold improvements 110,887 108,656 105,940 Furniture and other equipment 97,434 96,512 91,106 Projects in progress 51,860 55,294 34,549 Land and land improvements 10,635 10,597 10,542 601,575 596,841 558,413 Less: accumulated depreciation and amortization (395,231 ) (385,048 ) (364,390 ) Total property and equipment, net $ 206,344 $ 211,793 $ 194,023

Segment Information (Note)

Segment Information (Note)	3 Months Ended
	Mar. 31, 2016
Segment Reporting Information, Profit (Loss) [Abstract]
Segment Information	SEGMENT INFORMATION HSNi presents its operating segments and related financial information in a manner consistent with how the chief operating decision maker and executive management view the businesses, how the businesses are organized as to segment management, and the focus of the businesses with regards to the types of products or services offered and/or the target market. HSNi has two reportable segments, HSN and Cornerstone. The accounting policies of the segments are the same as those described in Note 2 – Summary of Significant Accounting Policies included in HSNi's Annual Report on Form 10-K for the year ended December 31, 2015 . Intercompany accounts and transactions have been eliminated in consolidation. HSNi’s primary performance metric is Adjusted EBITDA, which is defined as operating income excluding, if applicable: (1) non-cash charges including: (a) stock-based compensation expense, (b) amortization of intangibles, (c) depreciation and gains and losses on asset dispositions, and (d) goodwill, long-lived asset and intangible asset impairments; (2) pro forma adjustments for significant acquisitions; and (3) other significant items. Significant items, while periodically affecting our results, may vary significantly from period to period and have a disproportionate effect in a given period, thereby affecting the comparability of results. Adjusted EBITDA is not a measure determined in accordance with GAAP, and should not be considered in isolation or as a substitute for operating income, net income or any other measure determined in accordance with GAAP. Adjusted EBITDA is used as a measurement of operating efficiency and overall financial performance and HSNi believes it to be a helpful measure for those evaluating companies in the retail and media industries. Adjusted EBITDA has certain limitations in that it does not take into account the impact to HSNi’s consolidated statements of operations of certain expenses, gains and losses; including stock-based compensation, amortization of intangibles, depreciation, gains and losses on asset dispositions, asset impairment charges, acquisition-related accounting expenses and other significant items. The following tables reconcile Adjusted EBITDA to operating income for HSNi’s operating segments and to HSNi’s consolidated net income (in thousands): Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 HSN Cornerstone Total HSN Cornerstone Total Adjusted EBITDA $ 60,690 $ 5,042 $ 65,732 $ 66,190 $ 6,961 $ 73,151 Stock-based compensation expense (4,039 ) (1,337 ) (5,376 ) (3,607 ) (1,050 ) (4,657 ) Depreciation and amortization (7,003 ) (3,522 ) (10,525 ) (7,419 ) (3,830 ) (11,249 ) Loss on disposition of fixed assets (3 ) 1 (2 ) (236 ) — (236 ) Operating income $ 49,645 $ 184 49,829 $ 54,928 $ 2,081 57,009 Total other expense, net (4,147 ) (3,297 ) Income before income taxes 45,682 53,712 Income tax provision (17,097 ) (20,023 ) Net income $ 28,585 $ 33,689 The net sales for each of HSNi's reportable segments are as follows (in thousands): Three Months Ended March 31, 2016 2015 Net sales: HSN $ 578,383 $ 600,492 Cornerstone 238,382 241,395 Total $ 816,765 $ 841,887

Earnings Per Share (Note)

Earnings Per Share (Note)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE HSNi computes basic earnings per share using the weighted average number of common shares outstanding for the period. HSNi computes diluted earnings per share using the treasury stock method, which includes the weighted average number of common shares outstanding for the period plus the potential dilution that could occur if various equity awards to issue common stock were exercised or restricted equity awards were vested resulting in the issuance of common stock that could share in HSNi’s earnings. The following table presents HSNi’s basic and diluted earnings per share (in thousands, except per share data): Three Months Ended March 31, 2016 2015 Net income $28,585 $33,689 Weighted average number of shares outstanding: Basic 52,378 52,573 Dilutive effect of stock-based compensation awards 541 1,187 Diluted 52,919 53,760 Net income per share: Basic $ 0.55 $ 0.64 Diluted $ 0.54 $ 0.63 Unexercised employee stock options and stock appreciation rights and unvested restricted stock units excluded from the diluted EPS calculation because their effect would have been antidilutive 1,919 527

Long-Term Debt (Note)

Long-Term Debt (Note)	3 Months Ended
	Mar. 31, 2016
Long-term Debt, Unclassified [Abstract]
Long-Term Debt	LONG-TERM DEBT The balance of long-term debt, including current maturities, is as follows (in thousands): March 31, December 31, March 31, 2016 2015 2015 Secured credit agreement expiring January 27, 2020: Term loan $ 493,750 $ 500,000 $ 500,000 Revolving credit facility 130,000 140,000 175,000 Long-term debt 623,750 640,000 675,000 Unamortized deferred financing costs (6,448 ) (6,892 ) (8,193 ) Long-term debt, net of unamortized deferred financing costs 617,302 633,108 666,807 Less: current maturities (25,000 ) (25,000 ) (6,250 ) Long-term debt, less current maturities and net of unamortized deferred financing costs $ 592,302 $ 608,108 $ 660,557 On January 27, 2015, HSNi entered into a $1.25 billion five -year syndicated credit agreement ("Credit Agreement") which is secured by 100% of the voting equity securities of HSNi's U.S. subsidiaries and 65% of HSNi's first-tier foreign subsidiaries. This Credit Agreement replaced the credit agreement that was set to expire in April 2017. Certain HSNi subsidiaries have unconditionally guaranteed HSNi's obligations under the Credit Agreement. The Credit Agreement, which includes a $750 million revolving credit facility and a $500 million term loan, may be increased up to $1.75 billion subject to certain conditions and expires January 27, 2020. HSNi drew $200 million from its term loan under the Credit Agreement on January 27, 2015 to repay in full its existing term loan of $228.1 million . HSNi drew the remaining $300 million from the term loan and $200 million under the revolving credit facility, both under the Credit Agreement, on February 18, 2015 to fund a $524 million special cash dividend that was paid on February 19, 2015. In connection with the termination of the prior credit agreement, $0.5 million of the $2.4 million of unamortized deferred financing costs were expensed in the first quarter of 2015. The remaining balance of $1.9 million along with the $6.6 million in capitalized financing costs related to the Credit Agreement are being amortized to interest expense over the five-year term of the Credit Agreement. Capitalized financing costs, net of accumulated amortization, are presented as a deduction from the corresponding debt liability for all periods presented. The Credit Agreement includes various covenants, limitations and events of default customary for similar facilities including a maximum leverage ratio of 3.50 x and a minimum interest coverage ratio of 3.00 x. HSNi was in compliance with all such covenants as of March 31, 2016 with a leverage ratio of 1.8 x and an interest coverage ratio of 24.8 x. The Credit Agreement also contains covenants that limit our ability and the ability of our subsidiaries to, among other things, incur additional indebtedness, pay dividends or make other distributions to third parties, repurchase or redeem our stock, make investments, sell assets, incur liens, enter into agreements restricting our subsidiaries' ability to pay dividends, enter into transactions with affiliates and consolidate, merge or sell all or substantially all of our assets. Dividends, loans or advances to HSNi by its subsidiaries are not restricted by the Credit Agreement. Loans under the Credit Agreement bear interest at a per annum rate equal to LIBOR plus a predetermined margin that ranges from 1.25% to 2.25% or the Base Rate (as defined in the Credit Agreement) plus a predetermined margin that ranges from 0.25% to 1.25% . HSNi can elect to borrow at either LIBOR or the Base Rate plus a predetermined margin which is determined by HSNi's leverage ratio. The interest rate on the $623.8 million outstanding long-term debt balance as of March 31, 2016 was 1.93% . HSNi pays a commitment fee ranging from 0.20% to 0.40% (based on the leverage ratio) on the unused portion of the revolving credit facility. The amount available to HSNi under the revolving credit facility portion of the Credit Agreement is reduced by the amount of outstanding letters of credit issued under the revolving credit facility, which totaled $8.6 million as of March 31, 2016 . The ability to draw funds under the revolving credit facility is dependent upon meeting the aforementioned financial covenants. As of March 31, 2016 , the amount that could be borrowed under the revolving credit facility, after consideration of the financial covenants and the outstanding letters of credit, was approximately $615.1 million .

Derivative Instruments (Note)

Derivative Instruments (Note)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS HSNi uses derivatives in the management of its interest rate risk with respect to its variable rate debt. HSNi's strategy is to eliminate the cash flow risk on a portion of its variable rate debt caused by changes in the benchmark interest rate (LIBOR). Derivative instruments are not entered into for speculative purposes. HSNi entered into a forward-starting interest rate swap agreement on December 20, 2012 with a notional amount of $187.5 million at a fixed rate of 0.8525% , resulting in an all-in fixed rate of 2.3525% based on HSNi's leverage ratio as of March 31, 2016 . The interest rate swap took effect on January 31, 2014 with a maturity date in April 2017. Under this swap, HSNi pays at a fixed rate and receives payments at a variable rate based on one-month LIBOR. The swap effectively fixes the floating LIBOR-based interest of our outstanding LIBOR-based debt. The interest rate swap was designated and qualified as a cash flow hedge; therefore, the effective portion of the changes in fair value is recorded in accumulated other comprehensive income (loss). Any ineffective portions of the changes in fair value of the interest rate swap will be immediately recognized in earnings in the consolidated statements of operations. The changes in fair value of the interest rate swap (inclusive of reclassifications to net income and net of tax) for the three months ended March 31, 2016 and 2015 were losses of approximately $0.2 million and $0.5 million , respectively, and were included in other comprehensive income (loss). The fair values of the interest rate swap at March 31, 2016, December 31, 2015 and March 31, 2015 were liabilities of $0.6 million , $0.2 million and $0.6 million , respectively, and were recorded in "Other long-term liabilities" in the consolidated balance sheets. HSNi estimates that approximately $0.5 million of unrealized losses included in accumulated other comprehensive loss related to this swap will be realized and reported in earnings within the next twelve months. See Note 8 for discussion of the fair value measurements concerning this interest rate swap.

Fair Value Measurements (Note)

Fair Value Measurements (Note)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value assumptions are made at a specific point in time and changes in underlying assumptions could significantly affect these estimates. HSNi applies the following framework for measuring fair value which is based on a three-level hierarchy: Level 1 —Valuations based on quoted prices for identical assets and liabilities in active markets. Level 2 —Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 —Valuations based on unobservable inputs reflecting our own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment. The carrying amounts of cash and cash equivalents, accounts receivable and accounts payable approximate fair value because of the short maturity of these items. The following table summarizes the fair value of HSNi's other financial assets and liabilities which are measured at fair value on a recurring basis in the consolidated balance sheets (in thousands): March 31, 2016 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 552 $ — $ 552 $ — December 31, 2015 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 169 $ — $ 169 $ — March 31, 2015 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 596 $ — $ 596 $ — HSNi's interest rate swap is carried on the balance sheet at fair value. The swap was entered into in December 2012 for the purpose of hedging the variability of interest expense and interest payments on HSNi's long-term variable rate debt. The fair value is based on a valuation model which utilizes interest rate yield curves and credit spreads as the significant inputs to the model. These inputs are observable in active markets (level 2 criteria). HSNi considers credit risk associated with its own standing as well as the credit standing of any counterparties involved in the valuation of its financial instruments. The following table summarizes the fair value of HSNi’s financial assets and liabilities which are carried at cost (in thousands): March 31, 2016 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 493,750 $ 493,750 $ — $ 493,750 $ — Revolving credit facility $ 130,000 $ 130,000 $ — $ 130,000 $ — December 31, 2015 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 500,000 $ 500,000 $ — $ 500,000 $ — Revolving credit facility $ 140,000 $ 140,000 $ — $ 140,000 $ — March 31, 2015 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 500,000 $ 500,000 $ — $ 500,000 $ — Revolving credit facility $ 175,000 $ 175,000 $ — $ 175,000 $ — The fair value of the term loan was estimated by discounting expected cash flows at the rates currently offered to HSNi for debt of the same remaining maturities (level 2 criteria). HSNi assesses the impairment of goodwill and indefinite-lived intangible assets at fair value at least annually during the fourth quarter and whenever events or circumstances indicate that the carrying value may not be fully recoverable. Cornerstone continues to assess its brand portfolio, which could result in the divestiture of underperforming, less strategic brands. HSNi considered but determined it had no triggering events requiring an impairment assessment of its long-lived and intangible assets existed as of March 31, 2016 and 2015.

Income Taxes (Note)

Income Taxes (Note)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES HSNi calculates its interim income tax provision in accordance with the accounting guidance for income taxes in interim periods. At the end of each interim period, HSNi makes its best estimate of the annual expected effective tax rate and applies that rate to its ordinary year-to-date income or loss. The tax or benefit related to significant or unusual items that will be separately reported or reported net of their related tax effect are individually computed and recognized in the interim period in which those items occur. In addition, the effect of changes in enacted tax laws or rates, tax status, or judgment on the realizability of beginning-of-the-year deferred taxes in future years is recognized in the interim period in which the change occurs. The computation of the annual expected effective tax rate at each interim period requires certain estimates and assumptions including, but not limited to, the expected operating income for the year, permanent and temporary differences, and the likelihood of recovering deferred tax assets generated in the current year. The accounting estimates used to compute the provision for income taxes may change as new events occur, more experience is acquired, additional information is obtained or the tax environment changes. To the extent that the estimated annual effective tax rate changes during a quarter, the effect of the change on prior quarters is included in tax expense for the current quarter. For the three months ended March 31, 2016 , HSNi recorded a tax provision of $17.1 million which represents an effective tax rate of 37.4% . For the three months ended March 31, 2015 , HSNi recorded a tax provision of $20.0 million which represents an effective tax rate of 37.3% . The Internal Revenue Service ("IRS") has concluded its examination of HSNi's consolidated federal income tax return for the year ended December 31, 2010 and its limited scope examination of HSNi's consolidated federal income tax return for the year ended December 31, 2011. No material adjustments resulted from these IRS examinations. There are currently no income tax examinations in progress. New York State concluded an income tax examination of the years ended December 31, 2011 through December 31, 2013. No material adjustment to our tax liabilities resulted from this examination. HSNi and several companies previously owned by IAC/InterActiveCorp, or IAC, were spun-off from IAC on August 20, 2008. In connection with the spin-off, HSNi entered into a Tax Sharing Agreement with IAC. Pursuant to this agreement, each of the companies included in the spin-off (the "Spincos") was indemnified by IAC for additional tax liabilities related to consolidated or combined federal and state tax returns prepared and filed by IAC prior to the spin-off. However, each Spinco agreed to, among other things, assume any additional tax liabilities related to their separately filed state income tax returns. All examinations have concluded or statutes of limitations have expired related to IAC's consolidated or combined federal and state tax returns for years including HSNi operations prior to the spin-off. The Tax Sharing Agreement also provides, among other things, that each Spinco indemnifies IAC and the other Spincos for any taxes resulting from the spin-off of such Spinco (and any related interest, penalties, legal and professional fees, and all costs and damages associated with related shareholder litigation or controversies) to the extent such amounts result from any post spin-off (i) act or failure to act by such Spinco described in the covenants in the Tax Sharing Agreement, (ii) acquisition of equity, securities, or assets of such Spinco or a member of its group, and (iii) breach by such Spinco or any member of its group of any representation or covenant contained in the separation documents or in the documents relating to the IRS private letter ruling and/or tax opinions. This indemnification remains effective until IAC's tax returns for the two year period after the spin-off are no longer subject to examination.

Stock-Based Awards (Note)

Stock-Based Awards (Note)	3 Months Ended
	Mar. 31, 2016
Share-based Compensation [Abstract]
Stock-Based Awards	STOCK-BASED AWARDS Stock-based compensation expense is included in the following line items in the accompanying consolidated statements of operations (in thousands): Three Months Ended March 31, 2016 2015 Selling and marketing $ 1,808 $ 1,554 General and administrative 3,568 3,103 Stock-based compensation expense before income taxes 5,376 4,657 Income tax benefit (1,876 ) (1,651 ) Stock-based compensation expense after income taxes $ 3,500 $ 3,006 As of March 31, 2016 , there was approximately $36.3 million of unrecognized compensation cost, net of estimated forfeitures, related to all equity-based awards which is currently expected to be recognized on a straight-line basis over a weighted average period of approximately 2.2 years. The Second Amended and Restated 2008 Stock and Annual Incentive Plan, as amended (the “Plan”), authorizes the issuance of 8.0 million shares ( 8.8 million shares after giving effect to the anti-dilution provisions of the Plan related to the special cash dividend paid in February 2015) of HSNi common stock for new awards granted by HSNi. The purpose of the Plan is to assist HSNi in attracting, retaining and motivating officers, employees, directors and consultants, and to provide HSNi with the ability to provide incentives more directly linked to the profitability of HSNi’s business and increases in shareholder value. As of March 31, 2016 , there were approximately 1.5 million shares of common stock available for grants under the Plan. During the first quarter of 2016, HSNi granted approximately 92,000 performance share units ("PSUs") to certain executive employees. PSUs vest after a three year performance period. PSUs have rights to receive dividend equivalents that vest concurrently with the underlying PSUs once the requisite service has been rendered. Vesting percentages range between 0% and 200% of the target award based on HSNi's Total Shareholder Return relative to a peer group at the end of the performance period. A summary of the stock-based awards granted during the three months ended March 31, 2016 is as follows: Three Months Ended March 31, 2016 Number of Awards Granted Weighted Average per Share Fair Value Stock appreciation rights 928,990 $7.31 Restricted stock units 225,271 $44.89 Performance share units 92,290 $54.06 Employee stock purchase plan options 29,965 $12.18 Dividend equivalents due to quarterly dividend 5,724 - The fair values of the options granted under the HSN, Inc. 2010 Employee Stock Purchase Plan and the stock appreciation rights are estimated on the grant date using the Black-Scholes option pricing model. The fair value of PSUs is estimated on the grant date using a Monte-Carlo simulation pricing model which estimates the potential outcome of reaching the market condition based on simulated future stock prices. The weighted average assumptions used in the valuation of each for the three months ended March 31, 2016 are as follows: Three Months Ended March 31, 2016 Stock Appreciation Rights Employee Stock Purchase Plan Options Performance Share Units Volatility factor 26.3 % 34.4 % 25.2 % Risk-free interest rate 1.23 % 0.49 % 0.89 % Expected term 4.5 0.5 2.9 Dividend yield 3.1 % 2.8 % 0.0 %

Shareholders' Equity (Note)

Shareholders' Equity (Note)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Shareholders' Equity	SHAREHOLDERS’ EQUITY Share Repurchase Program Effective January 27, 2015, HSNi’s Board of Directors approved a share repurchase program which allows HSNi to purchase up to 4 million shares of its common stock from time to time through privately negotiated and/or open market transactions. The timing of repurchases and actual number of shares repurchased depends on a variety of factors, including the stock price, corporate and regulatory requirements, restrictions under HSNi’s debt obligations and other market and economic conditions. During the three months ended March 31, 2016 , HSNi acquired approximately 181,000 shares of its outstanding common stock for $8.7 million at an average price of $48.04 . All shares were retired immediately following purchase. As of March 31, 2016, approximately 2.9 million shares remain authorized for repurchase under the program. Dividend Policy In the first quarter of 2016, HSNi's Board of Directors approved a quarterly cash dividend of $0.35 per common share resulting in a payment of $18.3 million on March 23, 2016 to HSNi's shareholders of record as of March 9, 2016. In the second quarter of 2016, HSNi's Board of Directors approved a quarterly cash dividend of $0.35 per common share. The dividend will be paid on June 15, 2016 to HSNi's shareholders of record as of June 1, 2016 . Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) includes the cumulative gains and losses of derivative instruments that qualify as cash flow hedges. The following table provides a rollforward of accumulated other comprehensive income (loss) (in thousands): Three Months Ended March 31, 2016 2015 Accumulated other comprehensive income (loss) as of January 1, $ (95 ) $ 127 Other comprehensive loss before reclassifications (603 ) (1,124 ) Amounts reclassified from accumulated other comprehensive income (loss) to interest expense in the consolidated statements of operations 200 320 Income tax benefit 154 305 Other comprehensive loss, net of tax (249 ) (499 ) Accumulated other comprehensive income (loss) as of March 31, $ (344 ) $ (372 )

Commitments And Contingencies (

Commitments And Contingencies (Note)	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES In the ordinary course of business, HSNi is a party to various audits, claims and lawsuits. These audits or litigation may relate to claims involving property, personal injury, contract, intellectual property (including patent infringement), sales tax, product recalls, regulatory compliance, employment matters and other claims. HSNi has established reserves for specific legal, tax or other compliance matters for which it has determined the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain legal, tax or other matters where it believes an unfavorable outcome is not probable and, therefore, no reserve is established. Although management currently believes that an unfavorable resolution of claims against HSNi, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on its liquidity, results of operations, financial condition or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future and an unfavorable resolution of such a proceeding could have a material impact. Moreover, any claims or regulatory actions against HSNi, whether meritorious or not, could be time-consuming, result in costly litigation, require significant amounts of management time and result in the diversion of significant operational resources. HSNi also evaluates other contingent matters, including tax contingencies, to assess the probability and estimated extent of potential loss. See Note 9 for discussion related to income tax contingencies.

Costs Associated with an Exit A

Costs Associated with an Exit Activity Costs Associated with an Exit Activity (Note)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	COSTS ASSOCIATED WITH AN EXIT ACTIVITY As part of its supply chain optimization initiative designed to increase operational efficiencies and enhance customer service, HSNi announced in June 2015 its plan to close the HSN distribution center in Roanoke, Virginia and expand the capabilities of its distribution center in Piney Flats, Tennessee. The closure will involve the eventual elimination of approximately 350 positions at the Virginia facility. HSNi expects the closure to occur in accordance with an eighteen-month transition plan and be substantially completed by the end of 2016. HSN expects to incur approximately $4 million to $5 million in total charges related to the closure. These charges include approximately $3 million to $4 million in employee-related expenses, including severance payments and retention incentives. A summary of HSNi’s liability associated with exit activities, which is recorded in “Accrued expenses and other current liabilities” in the accompanying consolidated balance sheets, are presented in the following table (in thousands): Employee Related Costs Balance at January 1, 2016 $ 3,221 Provisions — Payments — Adjustments — Balance at March 31, 2016 $ 3,221

Organization Recent Accounting

Organization Recent Accounting Developments (Policies)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Developments Recently Adopted Accounting Standard Updates In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"). ASU 2015-03 simplifies the presentation of debt issuance costs by requiring debt issuance costs to be presented as a deduction from the corresponding debt liability. The new standard is limited to the presentation of debt issuance costs and does not affect their recognition and measurement. ASU 2015-03 is effective for periods beginning after December 15, 2015, including interim periods within that annual period. HSNi retrospectively adopted ASU 2015-03 in the first quarter of 2016 resulting in the reclassification of its debt issuance costs from "Other non-current assets" to a deduction from "Long-term debt, less current maturities and net of unamortized deferred financing costs" in the consolidated balance sheets. See Note 6 for additional information regarding the deferred issuance costs. In April 2015, the FASB issued ASU No. 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement ("ASU 2015-05"), which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for a cloud computing arrangement as a service contract. HSNi prospectively adopted ASU 2015-05 on January 1, 2016 and will apply this guidance to all arrangements entered into or materially modified after the effective date. Accounting Standard Updates Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). ASU 2014-09 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the good or service. Additionally, ASU 2014-09 will disallow the capitalization of direct-response advertising costs which will impact the timing of recognition of Cornerstone's catalog production and distribution costs. In July 2015, the FASB approved a one-year deferral of the effective date of ASU 2014-09. This standard will now become effective for HSNi in the first quarter of 2018. Early adoption is permitted in the first quarter of 2017. HSNi is in the process of assessing the impact of the adoption of ASU 2014-09 to its consolidated financial statements and is evaluating the accounting, transition method, disclosure requirements and timing of adoption. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory (Topic 330) ("ASU 2015-11"). The amendments, which apply to inventory that is measured using any method other than the last-in, first-out (LIFO) or retail inventory method, require that entities measure inventory at the lower of cost or net realizable value. ASU 2015-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016 and should be applied on a prospective basis; however, early adoption is permitted. HSNi will adopt ASU 2015-11 on January 1, 2017. HSNi is currently assessing the potential impact ASU 2015-11 will have to its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases ("ASU 2016-02"). ASU 2016-02 requires lessees to reflect most leases on their balance sheet as assets and obligations. The effective date for the standard is for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. The standard is to be applied on a modified retrospective method. HSNi is currently assessing the timing of adoption of ASU 2016-02 and the impact it will have on its consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718) ("ASU 2016-09"). This standard makes several modifications to Topic 718 related to the accounting for forfeitures, employer tax withholding on share-based compensation and the financial statement presentation of excess tax benefits or deficiencies. ASU 2016-09 also clarifies the statement of cash flows presentation for certain components of share-based awards. The effective date for the standard is for interim and annual reporting periods beginning after December 15, 2016. Early adoption is permitted. HSNi is currently assessing the timing of adoption of ASU 2016-09 and the impact it will have on its consolidated financial statements and related disclosures. Reclassifications Reclassifications were made to prior period amounts to conform to the current year's presentation. Changes included the reclassification of certain operating expenses in the consolidated statement of operations and reclassification of deferred income taxes and deferred financing costs in the consolidated balance sheets due to the implementation of recent accounting standard updates. Current deferred tax assets of $31.1 million in the March 31, 2015 consolidated balance sheet were reclassified as non-current and netted against non-current deferred tax liabilities as a result of retrospectively adopting ASU 2015-17, Balance Sheet Classification of Deferred Taxes, in the fourth quarter of 2015.

Significant Accounting Polici23

Significant Accounting Policies Signficant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Accounting Estimates HSNi prepares its financial statements in conformity with GAAP. These principles require management to make certain estimates and assumptions during the preparation of its consolidated financial statements. These estimates and assumptions impact the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net earnings during any period. Actual results could differ from those estimates. In the opinion of HSNi's management, the assumptions underlying these interim unaudited financial statements are reasonable. Significant estimates underlying the accompanying consolidated financial statements include: the determination of the lower of cost or market adjustment for inventory; sales returns and other revenue allowances; the allowance for doubtful accounts; the recoverability of long-lived assets; the impairment of intangible assets; the annual expected effective tax rate; the determination of deferred income taxes, including related valuation allowances; the accrual for actual, pending or threatened litigation, claims and assessments; and assumptions related to the determination of incentive compensation and contingent consideration.

Property And Equipment (Tables)

Property And Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Schedule Of Property And Equipment	The balance of property and equipment, net, is as follows (in thousands): March 31, December 31, March 31, 2016 2015 2015 Capitalized software $ 237,202 $ 234,249 $ 225,455 Computer and broadcast equipment 93,557 91,533 90,821 Buildings and leasehold improvements 110,887 108,656 105,940 Furniture and other equipment 97,434 96,512 91,106 Projects in progress 51,860 55,294 34,549 Land and land improvements 10,635 10,597 10,542 601,575 596,841 558,413 Less: accumulated depreciation and amortization (395,231 ) (385,048 ) (364,390 ) Total property and equipment, net $ 206,344 $ 211,793 $ 194,023

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting Information, Profit (Loss) [Abstract]
Adjusted EBITDA To Operating Income (Loss) And Consolidated Net Income	The following tables reconcile Adjusted EBITDA to operating income for HSNi’s operating segments and to HSNi’s consolidated net income (in thousands): Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 HSN Cornerstone Total HSN Cornerstone Total Adjusted EBITDA $ 60,690 $ 5,042 $ 65,732 $ 66,190 $ 6,961 $ 73,151 Stock-based compensation expense (4,039 ) (1,337 ) (5,376 ) (3,607 ) (1,050 ) (4,657 ) Depreciation and amortization (7,003 ) (3,522 ) (10,525 ) (7,419 ) (3,830 ) (11,249 ) Loss on disposition of fixed assets (3 ) 1 (2 ) (236 ) — (236 ) Operating income $ 49,645 $ 184 49,829 $ 54,928 $ 2,081 57,009 Total other expense, net (4,147 ) (3,297 ) Income before income taxes 45,682 53,712 Income tax provision (17,097 ) (20,023 ) Net income $ 28,585 $ 33,689
Financial Information By Segment	The net sales for each of HSNi's reportable segments are as follows (in thousands): Three Months Ended March 31, 2016 2015 Net sales: HSN $ 578,383 $ 600,492 Cornerstone 238,382 241,395 Total $ 816,765 $ 841,887

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Basic And Diluted Earnings Per Share	The following table presents HSNi’s basic and diluted earnings per share (in thousands, except per share data): Three Months Ended March 31, 2016 2015 Net income $28,585 $33,689 Weighted average number of shares outstanding: Basic 52,378 52,573 Dilutive effect of stock-based compensation awards 541 1,187 Diluted 52,919 53,760 Net income per share: Basic $ 0.55 $ 0.64 Diluted $ 0.54 $ 0.63 Unexercised employee stock options and stock appreciation rights and unvested restricted stock units excluded from the diluted EPS calculation because their effect would have been antidilutive 1,919 527

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Long-term Debt, Unclassified [Abstract]
Schedule Of Long-Term Debt	The balance of long-term debt, including current maturities, is as follows (in thousands): March 31, December 31, March 31, 2016 2015 2015 Secured credit agreement expiring January 27, 2020: Term loan $ 493,750 $ 500,000 $ 500,000 Revolving credit facility 130,000 140,000 175,000 Long-term debt 623,750 640,000 675,000 Unamortized deferred financing costs (6,448 ) (6,892 ) (8,193 ) Long-term debt, net of unamortized deferred financing costs 617,302 633,108 666,807 Less: current maturities (25,000 ) (25,000 ) (6,250 ) Long-term debt, less current maturities and net of unamortized deferred financing costs $ 592,302 $ 608,108 $ 660,557

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value For Other Financial Liabilities	The following table summarizes the fair value of HSNi's other financial assets and liabilities which are measured at fair value on a recurring basis in the consolidated balance sheets (in thousands): March 31, 2016 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 552 $ — $ 552 $ — December 31, 2015 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 169 $ — $ 169 $ — March 31, 2015 Total Fair Value and Carrying Value on Balance Sheet Fair Value Measurement Category Level 1 Level 2 Level 3 Liabilities: Interest rate swap $ 596 $ — $ 596 $ —
Fair Value Of Assets And Liabilities	The following table summarizes the fair value of HSNi’s financial assets and liabilities which are carried at cost (in thousands): March 31, 2016 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 493,750 $ 493,750 $ — $ 493,750 $ — Revolving credit facility $ 130,000 $ 130,000 $ — $ 130,000 $ — December 31, 2015 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 500,000 $ 500,000 $ — $ 500,000 $ — Revolving credit facility $ 140,000 $ 140,000 $ — $ 140,000 $ — March 31, 2015 Carrying Value Fair Value Fair Value Measurement Category Level 1 Level 2 Level 3 Term loan expiring January 27, 2020 $ 500,000 $ 500,000 $ — $ 500,000 $ — Revolving credit facility $ 175,000 $ 175,000 $ — $ 175,000 $ —

Stock-Based Awards (Tables)

Stock-Based Awards (Tables)	3 Months Ended
	Mar. 31, 2016
Share-based Compensation [Abstract]
Stock-Based Compensation Expense	Stock-based compensation expense is included in the following line items in the accompanying consolidated statements of operations (in thousands): Three Months Ended March 31, 2016 2015 Selling and marketing $ 1,808 $ 1,554 General and administrative 3,568 3,103 Stock-based compensation expense before income taxes 5,376 4,657 Income tax benefit (1,876 ) (1,651 ) Stock-based compensation expense after income taxes $ 3,500 $ 3,006
Summary of Stock-Based Awards Granted	A summary of the stock-based awards granted during the three months ended March 31, 2016 is as follows: Three Months Ended March 31, 2016 Number of Awards Granted Weighted Average per Share Fair Value Stock appreciation rights 928,990 $7.31 Restricted stock units 225,271 $44.89 Performance share units 92,290 $54.06 Employee stock purchase plan options 29,965 $12.18 Dividend equivalents due to quarterly dividend 5,724 -
Weighted Average Assumptions Used In Black-Scholes Option Pricing Model	The weighted average assumptions used in the valuation of each for the three months ended March 31, 2016 are as follows: Three Months Ended March 31, 2016 Stock Appreciation Rights Employee Stock Purchase Plan Options Performance Share Units Volatility factor 26.3 % 34.4 % 25.2 % Risk-free interest rate 1.23 % 0.49 % 0.89 % Expected term 4.5 0.5 2.9 Dividend yield 3.1 % 2.8 % 0.0 %

Shareholders' Equity Shareholde

Shareholders' Equity Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table provides a rollforward of accumulated other comprehensive income (loss) (in thousands): Three Months Ended March 31, 2016 2015 Accumulated other comprehensive income (loss) as of January 1, $ (95 ) $ 127 Other comprehensive loss before reclassifications (603 ) (1,124 ) Amounts reclassified from accumulated other comprehensive income (loss) to interest expense in the consolidated statements of operations 200 320 Income tax benefit 154 305 Other comprehensive loss, net of tax (249 ) (499 ) Accumulated other comprehensive income (loss) as of March 31, $ (344 ) $ (372 )

Costs Associated with an Exit31

Costs Associated with an Exit Activity Costs Associated with an Exit Activity (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	A summary of HSNi’s liability associated with exit activities, which is recorded in “Accrued expenses and other current liabilities” in the accompanying consolidated balance sheets, are presented in the following table (in thousands): Employee Related Costs Balance at January 1, 2016 $ 3,221 Provisions — Payments — Adjustments — Balance at March 31, 2016 $ 3,221

Organization Reclassifications

Organization Reclassifications (Details) $ in Millions	Mar. 31, 2015USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred Tax Assets, Net, Current	$ 31.1

Property And Equipment (Schedul

Property And Equipment (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Capitalized software	$ 237,202	$ 234,249	$ 225,455
Computer and broadcast equipment	93,557	91,533	90,821
Buildings and leasehold improvements	110,887	108,656	105,940
Furniture and other equipment	97,434	96,512	91,106
Projects in progress	51,860	55,294	34,549
Land and land improvements	10,635	10,597	10,542
Property and equipment, gross	601,575	596,841	558,413
Less: accumulated depreciation and amortization	(395,231)	(385,048)	(364,390)
Total property and equipment, net	$ 206,344	$ 211,793	$ 194,023

Segment Information (Adjusted E

Segment Information (Adjusted EBITDA To Operating Income (Loss) And Consolidated Net Income) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ 65,732	$ 73,151
Stock-based compensation expense	(5,376)	(4,657)
Depreciation and amortization	(10,525)	(11,249)
Loss on disposition of fixed assets	(2)	(236)
Operating income	49,829	57,009
Total other expense, net	(4,147)	(3,297)
Income before income taxes	45,682	53,712
Income tax provision	(17,097)	(20,023)
Net income	28,585	33,689	$ 169,239
HSN [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	60,690	66,190
Stock-based compensation expense	(4,039)	(3,607)
Depreciation and amortization	(7,003)	(7,419)
Loss on disposition of fixed assets	(3)	(236)
Operating income	49,645	54,928
Cornerstone [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	5,042	6,961
Stock-based compensation expense	(1,337)	(1,050)
Depreciation and amortization	(3,522)	(3,830)
Loss on disposition of fixed assets	1	0
Operating income	$ 184	$ 2,081

Segment Information (Financial

Segment Information (Financial Information By Segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Net sales	$ 816,765	$ 841,887
HSN [Member]
Segment Reporting Information [Line Items]
Net sales	578,383	600,492
Cornerstone [Member]
Segment Reporting Information [Line Items]
Net sales	$ 238,382	$ 241,395

Earnings Per Share (Basic And D

Earnings Per Share (Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Net income:
Net income	$ 28,585	$ 33,689	$ 169,239
Weighted average number of shares outstanding:
Basic	52,378	52,573
Dilutive effect of stock-based compensation awards	541	1,187
Diluted	52,919	53,760
Net income per share:
Basic (usd per share)	$ 0.55	$ 0.64
Diluted (usd per share)	$ 0.54	$ 0.63
Unexercised employee stock options and stock appreciation rights and unvested restricted stock units excluded from the diluted EPS calculation because their effect would have been antidilutive	1,919	527

Long-Term Debt (Schedule Of Lon

Long-Term Debt (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Jan. 27, 2015
Debt Instrument [Line Items]
Less: current maturities	$ (25,000)	$ (25,000)	$ (6,250)
Long-term debt, less current maturities and net of unamortized deferred financing costs	592,302	608,108	660,557
Term Loan [Member]
Debt Instrument [Line Items]
Secured credit	493,750	500,000	500,000
Revolving credit facility [Member]
Debt Instrument [Line Items]
Secured credit	130,000	140,000	175,000
Credit Agreement Terminated January 27, 2015 [Member]
Debt Instrument [Line Items]
Deferred Finance Costs, Noncurrent, Net		(2,400)		$ (1,900)
Long-term debt, net of unamortized deferred financing costs				228,100
Credit Agreement 1.25B [Member]
Debt Instrument [Line Items]
Secured credit				1,250,000
Long-term Debt, Gross	623,750	640,000	675,000
Deferred Finance Costs, Noncurrent, Net	(6,448)	(6,892)	(8,193)	$ (6,600)
Long-term debt, net of unamortized deferred financing costs	617,302	633,108	666,807
Less: current maturities	(25,000)	(25,000)	(6,250)
Credit Agreement 1.25B [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Secured credit	493,750	500,000	500,000
Credit Agreement 1.25B [Member] | Revolving credit facility [Member]
Debt Instrument [Line Items]
Secured credit	$ 130,000	$ 140,000	$ 175,000

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details)	Feb. 19, 2015USD ($)	Jan. 27, 2015USD ($)	Mar. 31, 2016USD ($)Rate	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Borrowings under term loan			$ 0	$ 500,000,000
Dividends, Cash	$ 524,000,000
Revolving credit facility [Member]
Debt Instrument [Line Items]
Secured credit			130,000,000	175,000,000	$ 140,000,000
Credit Agreement Terminated January 27, 2015 [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 228,100,000
Write off of Deferred Debt Issuance Cost				500,000
Deferred Finance Costs, Noncurrent, Net		1,900,000			2,400,000
Credit Agreement 1.25B [Member]
Long-term Debt, Unclassified [Abstract]
Long-term Debt, Gross			623,750,000	675,000,000	640,000,000
Debt Instrument [Line Items]
Secured credit		$ 1,250,000,000
Term of debt		5 years
Maximum borrowing capacity		$ 1,750,000,000
Long-term Debt			617,302,000	666,807,000	633,108,000
Deferred Finance Costs, Noncurrent, Net		$ 6,600,000	$ 6,448,000	8,193,000	6,892,000
Maximum leverage ratio, required		3.50
Minimum interest coverage ratio, required		3
Actual leverage ratio			1.80
Actual interest coverage ratio			24.8
Debt Instrument, Interest Rate, Effective Percentage | Rate			1.93%
Credit Agreement 1.25B [Member] | Revolving credit facility [Member]
Debt Instrument [Line Items]
Secured credit			$ 130,000,000	$ 175,000,000	$ 140,000,000
Revolving credit facility		$ 750,000,000
Borrowings under term loan	200,000,000
Letters of Credit Outstanding, Amount			8,600,000
Line of Credit Facility, Remaining Borrowing Capacity			$ 615,100,000
Credit Agreement 1.25B [Member] | Long-term Debt [Member]
Debt Instrument [Line Items]
Secured credit		500,000,000
Borrowings under term loan	$ 300,000,000	$ 200,000,000
Credit Agreement 1.25B [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		1.25%
Debt Instrument, Interest Rate, Effective Percentage		0.25%
Line of Credit Facility, Commitment Fee Percentage		0.20%
Credit Agreement 1.25B [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		2.25%
Debt Instrument, Interest Rate, Effective Percentage		1.25%
Line of Credit Facility, Commitment Fee Percentage		0.40%
First Tier Subsidiaries [Member] | Credit Agreement 1.25B [Member]
Debt Instrument [Line Items]
Secured rate		65.00%
HSNi Subsidiaries [Member] | Credit Agreement 1.25B [Member]
Debt Instrument [Line Items]
Secured rate		100.00%

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 20, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative, notional amount				$ 187,500
Derivative, fixed interest rate	2.3525%			0.8525%
Change in fair value of derivative instrument, net of tax	$ (249)	$ (499)
Interest Rate Derivative Liabilities, at Fair Value	552	$ 596	$ 169
Estimated unrealized loss to be realized in the next twelve months	$ 500

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Of Other Financial Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	$ 552	$ 169	$ 596
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	0	0	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	552	169	596
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	$ 0	$ 0	$ 0

Fair Value Measurements (Fair41

Fair Value Measurements (Fair Value Of Assets And Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Term Loan [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, carrying value	$ 493,750	$ 500,000	$ 500,000
Term loan, fair value	493,750	500,000	500,000
Term Loan [Member] | Level 1 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	0	0	0
Term Loan [Member] | Level 2 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	493,750	500,000	500,000
Term Loan [Member] | Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	0	0	0
Revolving Credit Facility [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, carrying value	130,000	140,000	175,000
Term loan, fair value	130,000	140,000	175,000
Revolving Credit Facility [Member] | Level 1 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	0	0	0
Revolving Credit Facility [Member] | Level 2 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	130,000	140,000	175,000
Revolving Credit Facility [Member] | Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Term loan, fair value	$ 0	$ 0	$ 0

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 17,097	$ 20,023
Effective Income Tax Rate, Continuing Operations	37.40%	37.30%

Stock-Based Awards (Stock-Based

Stock-Based Awards (Stock-Based Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense before income taxes	$ 5,376	$ 4,657
Income tax benefit	(1,876)	(1,651)
Stock-based compensation expense after income taxes	3,500	3,006
Selling and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based compensation expense	1,808	1,554
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based compensation expense	$ 3,568	$ 3,103

Stock-Based Awards (Narrative)

Stock-Based Awards (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Jan. 27, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 36.3
Weighted average period of recognition of unrecognized compensation cost, years	2 years 2 months
New awards authorized	8,800,000	8,000,000
Available for grants	1,500,000
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	200.00%
Performance share units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	92,000

Stock-Based Awards Stock-Based

Stock-Based Awards Stock-Based Awards (Summary of Stock-Based Awards Granted) (Details)	3 Months Ended
	Mar. 31, 2016$ / sharesRateshares
Stock appreciation rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	928,990
Weighted Average per Share Fair Value | $ / shares	$ 7.31
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	225,271
Weighted Average per Share Fair Value | $ / shares	$ 44.89
Performance share units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	92,000
Weighted Average per Share Fair Value | $ / shares	$ 54.06
Employee stock purchase plan options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	29,965
Weighted Average per Share Fair Value | $ / shares	$ 12.18
Dividend equivalents due to quarterly dividend
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Awards Granted	5,724
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage | Rate	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage | Rate	200.00%

Stock-Based Awards (Weighted Av

Stock-Based Awards (Weighted Average Assumptions Used In Black-Scholes Option Pricing Model) (Details)	3 Months Ended
	Mar. 31, 2016Rate
Stock Appreciation Rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility factor	26.30%
Risk-free interest rate	1.23%
Expected term	4 years 6 months
Dividend yield	3.10%
Employee stock purchase plan options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility factor	34.40%
Risk-free interest rate	0.49%
Expected term	6 months
Dividend yield	2.80%
Performance share units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility factor	25.20%
Risk-free interest rate	0.89%
Expected term	2 years 11 months
Dividend yield	0.00%

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Mar. 09, 2016	Mar. 31, 2016	Dec. 31, 2015	Jan. 27, 2015
Share Repurchase Program [Line Items]
Share repurchased and retired		181
Value of shares repurchased and retired		$ 8,700
Outstanding common stock acquired, average price		$ 48.04
Dividends, Common Stock, Cash	$ 18,300	$ 18,300	$ 597,864
Common Stock, Dividends, Per Share, Cash Paid	$ 0.35
4 Million Share Program Approved 1/27/2015 [Member]
Share Repurchase Program [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				4,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased		2,900

Shareholders' Equity Sharehol48

Shareholders' Equity Shareholders' Equity (Schedule of Accumulated Other Comprehensive Income(Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated other comprehensive income (loss) as of January 1,			$ (95)	$ 127
Other comprehensive loss before reclassifications	$ (603)	$ (1,124)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense in the consolidated statements of operations	200	320
Income tax benefit	154	305
Other comprehensive loss, net of tax	(249)	(499)
Accumulated other comprehensive loss	$ (344)	$ (372)	$ (95)

Shareholders' Equity Dividend P

Shareholders' Equity Dividend Policy (Details) - $ / shares	Jun. 15, 2016	Mar. 09, 2016
Dividends Payable [Line Items]
Common Stock, Dividends, Per Share, Cash Paid		$ 0.35
Subsequent Event [Member]
Dividends Payable [Line Items]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.35

Commitments And Contingencies50

Commitments And Contingencies (Narrative) (Details)	Mar. 31, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
Contingency reserve	$ 0

Costs Associated with an Exit51

Costs Associated with an Exit Activity Costs Associated with an Exit Activity (Narrative) (Details) - HSN [Member] $ in Millions	Jun. 01, 2015	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated	350
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		$ 4
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		5
Employee Severance [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		3
Employee Severance [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		$ 4

Costs Associated with an Exit52

Costs Associated with an Exit Activity Costs Associated with an Exit Activity (Schedule of Restructuring Reserve by Type) (Details) - HSN [Member] - Employee Severance [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	$ 3,221	$ 3,221
Provisions	0
Payments	0
Adjustments	$ 0