Document_and_Entity_Informatio
Document and Entity Information (USD $) | 12 Months Ended | |||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2013 | Jun. 28, 2013 | Feb. 18, 2014 | Feb. 18, 2014 |
Class A [Member] | Class B [Member] | |||
Document Type | '10-K | ' | ' | ' |
Amendment Flag | 'false | ' | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' | ' |
Entity Registrant Name | 'AMC Networks Inc. | ' | ' | ' |
Entity Central Index Key | '0001514991 | ' | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' | ' |
Entity Voluntary Filers | 'No | ' | ' | ' |
Entity Well-known Seasoned Issuer | 'Yes | ' | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' | ' |
Entity Common Stock, Shares Outstanding | ' | ' | 60,813,360 | 11,484,408 |
Entity Public Float | ' | $3,923 | ' | ' |
Consolidated_Balance_Sheets
Consolidated Balance Sheets(USD ($)) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Class A [Member] | Class A [Member] | Class B [Member] | Class B [Member] | ||
Current Assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | $521,951 | $610,970 | ' | ' | ' | ' |
Accounts receivable, trade (less allowance for doubtful accounts of $931 and $1,378) | 378,831 | 299,792 | ' | ' | ' | ' |
Amounts due from related parties, net | 4,774 | 7,686 | ' | ' | ' | ' |
Current portion of program rights, net | 317,922 | 289,644 | ' | ' | ' | ' |
Prepaid expenses and other current assets | 65,512 | 17,032 | ' | ' | ' | ' |
Deferred tax asset, net | 15,668 | 121,403 | ' | ' | ' | ' |
Total current assets | 1,304,658 | 1,346,527 | ' | ' | ' | ' |
Property and equipment, net | 71,068 | 70,890 | ' | ' | ' | ' |
Program rights, net | 853,516 | 751,119 | ' | ' | ' | ' |
Amounts due from related parties, net | 2,096 | 3,193 | ' | ' | ' | ' |
Deferred carriage fees, net | 44,032 | 41,459 | ' | ' | ' | ' |
Intangible assets, net | 209,552 | 241,183 | ' | ' | ' | ' |
Goodwill | 76,748 | 79,305 | ' | ' | ' | ' |
Other assets | 75,019 | 62,543 | ' | ' | ' | ' |
Total assets | 2,636,689 | 2,596,219 | ' | ' | ' | ' |
Current Liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | 48,126 | 59,077 | ' | ' | ' | ' |
Accrued liabilities | 131,290 | 232,462 | ' | ' | ' | ' |
Amounts due to related parties, net | 0 | 1,110 | ' | ' | ' | ' |
Program rights obligations | 210,190 | 157,584 | ' | ' | ' | ' |
Deferred litigation settlement proceeds | 0 | 307,944 | ' | ' | ' | ' |
Deferred revenue | 23,429 | 53,116 | ' | ' | ' | ' |
Current portion of capital lease obligations | 1,718 | 1,558 | ' | ' | ' | ' |
Total current liabilities | 414,753 | 812,851 | ' | ' | ' | ' |
Program rights obligations | 449,587 | 390,715 | ' | ' | ' | ' |
Long-term debt | 2,157,183 | 2,153,315 | ' | ' | ' | ' |
Capital lease obligations | 12,387 | 14,104 | ' | ' | ' | ' |
Deferred tax liability, net | 95,275 | 29,141 | ' | ' | ' | ' |
Other liabilities | 78,755 | 78,445 | ' | ' | ' | ' |
Total liabilities | 3,207,940 | 3,478,571 | ' | ' | ' | ' |
Commitments and contingencies | ' | ' | ' | ' | ' | ' |
Stockholders' deficiency: | ' | ' | ' | ' | ' | ' |
Common stock | ' | ' | 617 | 612 | 115 | 118 |
Preferred stock, $0.01 par value, 45,000,000 shares authorized; none issued | 0 | 0 | ' | ' | ' | ' |
Paid-in capital | 64,731 | 36,454 | ' | ' | ' | ' |
Accumulated deficit | -602,686 | -893,424 | ' | ' | ' | ' |
Treasury stock, at cost (898,447 and 656,013 shares Class A Common Stock, respectively) | -29,801 | -17,666 | ' | ' | ' | ' |
Accumulated other comprehensive loss | -4,495 | -8,446 | ' | ' | ' | ' |
Total stockholdersb deficiency | -571,519 | -882,352 | ' | ' | ' | ' |
Stockholders' Equity Attributable to Noncontrolling Interest | 268 | 0 | ' | ' | ' | ' |
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | -571,251 | -882,352 | 617 | 612 | 115 | 118 |
Total liabilities and stockholdersb deficiency | $2,636,689 | $2,596,219 | ' | ' | ' | ' |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, except Share data, unless otherwise specified | ||
Accounts receivable, trade, allowance for doubtful accounts | $931 | $1,378 |
Preferred stock, par value | $0.01 | $0.01 |
Preferred stock, shares authorized | 45,000,000 | 45,000,000 |
Preferred stock, shares issued | 0 | 0 |
Treasury stock, shares | 898,447 | 656,013 |
Class A [Member] | ' | ' |
Common stock, par value | $0.01 | $0.01 |
Common stock, shares authorized | 360,000,000 | 360,000,000 |
Common Stock, Shares, Issued | 61,692,561 | 61,247,043 |
Common Stock, Shares, Outstanding | 60,794,114 | 60,591,030 |
Class B [Member] | ' | ' |
Common stock, par value | $0.01 | $0.01 |
Common stock, shares authorized | 90,000,000 | 90,000,000 |
Common Stock, Shares, Issued | 11,484,408 | 11,784,408 |
Common Stock, Shares, Outstanding | 11,484,408 | 11,784,408 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Income Statement [Abstract] | ' | ' | ' |
Revenues, net (including revenues, net from related parties of $31,188, $32,195 and $31,885, respectively) | $1,591,858 | $1,352,577 | $1,187,741 |
Operating expenses | ' | ' | ' |
Technical and operating (excluding depreciation and amortization shown below and including charges from related parties of $324, $620, and $5,040, respectively) | 662,233 | 507,436 | 425,961 |
Selling, general and administrative (including charges (credits) from related parties of $2,721, $(206) and $57,004, respectively) | 425,735 | 396,926 | 335,656 |
Restructuring credit | 0 | -3 | -240 |
Depreciation and amortization | 54,667 | 85,380 | 99,848 |
Litigation settlement gain | -132,944 | 0 | 0 |
Total Operating Expenses | 1,009,691 | 989,739 | 861,225 |
Operating Income | 582,167 | 362,838 | 326,516 |
Other income (expense) | ' | ' | ' |
Interest expense | -115,860 | -127,778 | -95,870 |
Interest income | 819 | 502 | 1,074 |
Write-off of deferred financing costs | -4,007 | -1,862 | -6,247 |
Loss on extinguishment of debt | -1,087 | -10,774 | -14,726 |
Miscellaneous, net | 6,969 | -652 | -137 |
Total nonoperating income (expense) | -113,166 | -140,564 | -115,906 |
Income from continuing operations before income taxes | 469,001 | 222,274 | 210,610 |
Income tax expense | -178,841 | -86,058 | -84,248 |
Income from continuing operations | 290,160 | 136,216 | 126,362 |
Income from discontinued operations, net of income taxes | 0 | 314 | 92 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 290,160 | 136,530 | 126,454 |
Net Income (Loss) Attributable to Noncontrolling Interest | 578 | 0 | 0 |
Net Income (Loss) Attributable to Parent | $290,738 | $136,530 | $126,454 |
Basic net income (loss) per share | ' | ' | ' |
Income From Continuing Operations | $4.06 | $1.94 | $1.82 |
Income from discontinued operations | $0 | $0 | $0 |
Net Income | $4.06 | $1.94 | $1.83 |
Diluted net income (loss) per share | ' | ' | ' |
Income From Continuing Operations | $4 | $1.89 | $1.79 |
Income from discontinued operations | $0 | $0 | $0 |
Net Income | $4 | $1.89 | $1.79 |
Weighted average common shares | ' | ' | ' |
Basic Weighted Average Common Shares | 71,543 | 70,374 | 69,283 |
Diluted Weighted Average Common Shares | 72,703 | 72,236 | 70,731 |
Consolidated_Statements_of_Inc1
Consolidated Statements of Income (Parenthetical) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Income Statement [Abstract] | ' | ' | ' |
Revenues, Net From Related Parties | $31,188 | $32,195 | $31,885 |
Technical And Operating Charges From Related Parties | 324 | 620 | 5,040 |
Selling, General And Administrative Charges (Credits) From Related Parties | $2,721 | ($206) | $57,004 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Statement of Comprehensive Income [Abstract] | ' | ' | ' |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $290,160 | $136,530 | $126,454 |
Other comprehensive income (loss): | ' | ' | ' |
Unrealized gain (loss) on interest rate swaps | 6,262 | 5,693 | -19,091 |
Other comprehensive income (loss), before income taxes | 6,262 | 5,693 | -19,091 |
Income tax (expense) benefit | -2,311 | -2,112 | 7,064 |
Other comprehensive income (loss), net of income taxes | 3,951 | 3,581 | -12,027 |
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | 294,111 | 140,111 | 114,427 |
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest | 578 | 0 | 0 |
Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $294,689 | $140,111 | $114,427 |
Consolidated_Statements_of_Sto
Consolidated Statements of Stockholders' Deficiency (USD $) | 3 Months Ended | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | ($882,352) | ' | ($1,036,995) | ($882,352) | ($1,036,995) | $24,831 |
Net Income Net Income (Loss) Attributable to Parent | 35,379 | 61,517 | 15,191 | 43,181 | 290,738 | 136,530 | 126,454 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | -578 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 2,092 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 3,951 | 3,581 | -12,027 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 20,813 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | -20,813 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | -6,313 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | -1,250,000 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | -1,148 | 44,598 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | -1,794 | 36,867 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | -2,942 | -2,586 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | -17,113 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 8,343 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 20,299 | 17,202 | 7,669 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 1,759 | 8,777 | 3,622 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | -12,135 | -15,989 | -1,677 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 337 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 4,975 | 7,484 | ' |
Ending Balance | -571,251 | ' | -882,352 | ' | -571,251 | -882,352 | -1,036,995 |
Class A [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | 612 | ' | 586 | 612 | 586 | 0 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 0 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 578 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 2 | 9 | 8 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 3 | 17 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | 617 | ' | 612 | ' | 617 | 612 | 586 |
Class B [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | 118 | ' | 135 | 118 | 135 | 0 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 0 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 135 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 0 | 0 | 0 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | -3 | -17 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | 115 | ' | 118 | ' | 115 | 118 | 135 |
Additional Paid-in Capital [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | 36,454 | ' | 5,942 | 36,454 | 5,942 | 181,724 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 1,246 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 20,813 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | -20,813 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | -6,313 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | -250,485 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | -1,148 | 44,598 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | -1,794 | 36,867 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | -2,586 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | -17,113 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 8,343 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | -713 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 20,299 | 17,202 | 7,669 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 1,757 | 8,768 | 3,614 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 337 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 4,975 | 7,484 | ' |
Ending Balance | 64,731 | ' | 36,454 | ' | 64,731 | 36,454 | 5,942 |
Accumulated Deficit [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | -893,424 | ' | -1,029,954 | -893,424 | -1,029,954 | -156,893 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 290,738 | 136,530 | 126,454 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 0 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | -999,515 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 0 | 0 | 0 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | -602,686 | ' | -893,424 | ' | -602,686 | -893,424 | -1,029,954 |
Treasury Stock [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | -17,666 | ' | -1,677 | -17,666 | -1,677 | 0 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 0 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 0 | 0 | 0 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | -12,135 | -15,989 | -1,677 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | -29,801 | ' | -17,666 | ' | -29,801 | -17,666 | -1,677 |
Accumulated Other Comprehensive Loss [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | -8,446 | ' | -12,027 | -8,446 | -12,027 | 0 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 0 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 3,951 | 3,581 | -12,027 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 0 | 0 | 0 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | -4,495 | ' | -8,446 | ' | -4,495 | -8,446 | -12,027 |
Parent [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | -882,352 | ' | -1,036,995 | -882,352 | -1,036,995 | 24,831 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 290,738 | 136,530 | 126,454 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | 0 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 1,246 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 3,951 | 3,581 | -12,027 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 20,813 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | -20,813 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | -6,313 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | -1,250,000 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | -1,148 | 44,598 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | -1,794 | 36,867 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | -2,586 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | -17,113 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 8,343 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 20,299 | 17,202 | 7,669 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 1,759 | 8,777 | 3,622 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | -12,135 | -15,989 | -1,677 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 337 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 4,975 | 7,484 | ' |
Ending Balance | -571,519 | ' | -882,352 | ' | -571,519 | -882,352 | -1,036,995 |
Noncontrolling Interest [Member] | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | 0 | ' | 0 | 0 | 0 | 0 |
Net Income Net Income (Loss) Attributable to Parent | ' | ' | ' | ' | 0 | 0 | 0 |
Net loss attributable to noncontrolling interests | ' | ' | ' | ' | -578 | ' | ' |
Issuance of members' interest by subsidiary, net | ' | ' | ' | ' | 846 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | ' | ' | ' | ' | 0 | 0 | 0 |
Cash capital contribution from related party | ' | ' | ' | ' | ' | ' | 0 |
Cash capital distributions to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution to related party related to employee benefit plans as a result of the Distribution (see Note 15) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution associated with the issuance of debt to related party (see Note 1) | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution | ' | ' | ' | ' | ' | 0 | 0 |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | ' | ' | ' | ' | 0 | 0 |
Non-cash capital distribution related to tax credits utilized by related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital distribution of a promissory note receivable to related party | ' | ' | ' | ' | ' | ' | 0 |
Non-cash capital contribution related to the allocation of Cablevision share-based compensation expense | ' | ' | ' | ' | ' | ' | 0 |
Reclassification of common stock in connection with the Distribution | ' | ' | ' | ' | ' | ' | 0 |
Share-based compensation expense subsequent to the Distribution | ' | ' | ' | ' | 0 | 0 | 0 |
Proceeds from the exercise of stock options | ' | ' | ' | ' | 0 | 0 | 0 |
Treasury stock acquired from forfeitures and acquisition of restricted shares | ' | ' | ' | ' | 0 | 0 | 0 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | ' | ' | ' | ' | 0 | 0 | ' |
Other noncash capital contributions (distributions), net | ' | ' | ' | ' | ' | ' | 0 |
Excess tax benefits on share-based awards | ' | ' | ' | ' | 0 | 0 | ' |
Ending Balance | $268 | ' | $0 | ' | $268 | $0 | $0 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
USD ($) | USD ($) | USD ($) | |
Cash flows from operating activities: | ' | ' | ' |
Income From Continuing Operations | $290,160 | $136,216 | $126,362 |
Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | ' | ' | ' |
Depreciation and amortization | 54,667 | 85,380 | 99,848 |
Share-based compensation expense related to equity classified awards | 20,299 | 17,202 | 16,012 |
Amortization and write-off of program rights | 497,608 | 355,477 | 278,728 |
Amortization of deferred carriage fees | 10,590 | 9,211 | 23,962 |
Foreign exchange gain | -6,543 | 0 | 0 |
Unrealized (gain) loss on derivative contracts, net | -4,313 | 8,739 | 0 |
Amortization and write-off of deferred financing costs and discounts on indebtedness | 11,124 | 10,406 | 12,159 |
Loss on extinguishment of debt | 1,087 | 10,774 | 14,726 |
Provision for (recovery of) doubtful accounts | 1,440 | -1,265 | 338 |
Deferred income taxes | 171,504 | -88,514 | 69,160 |
Excess tax benefits from share-based compensation arrangements | -4,975 | -7,484 | 0 |
Other, net | -1,452 | -100 | -240 |
Changes in assets and liabilities: | ' | ' | ' |
Accounts receivable, trade | -80,083 | -11,717 | -44,750 |
Amounts due from/to related parties, net | 2,033 | -6,001 | -9,602 |
Prepaid expenses and other assets | -52,836 | -24,842 | -3,439 |
Program rights and obligations, net | -517,343 | -412,493 | -358,929 |
Income taxes payable | -111,881 | 116,740 | -52 |
Deferred revenue and deferred litigation settlement proceeds | -337,700 | 337,207 | 6,039 |
Deferred carriage fees and deferred carriage fees payable, net | -10,638 | -3,894 | -3,640 |
Accounts payable, accrued expenses and other liabilities | 17,789 | 38,090 | 28,551 |
Net cash provided by operating activities | -49,463 | 569,132 | 255,233 |
Cash flows from investing activities: | ' | ' | ' |
Capital expenditures | -24,303 | -18,557 | -15,371 |
Acquisition of investment securities | -2,500 | -750 | 0 |
Payment for acquisition of a business | 0 | -185 | -320 |
Proceeds from sale of equipment, net of costs of disposal | 0 | 100 | 0 |
Proceeds from insurance settlements | 657 | 0 | 0 |
Net cash used in investing activities | -26,146 | -19,392 | -15,691 |
Cash flows from financing activities: | ' | ' | ' |
Capital contributions from related party | 0 | 0 | 20,813 |
Capital distributions to related party | 0 | 0 | 20,813 |
Repayment of long-term debt | -880,000 | -742,025 | -1,516,340 |
Proceeds from the issuance of long-term debt | 880,000 | 589,500 | 1,442,364 |
Payments for financing costs | -12,994 | -1,421 | -27,414 |
Purchase of treasury stock | -12,135 | -15,989 | -1,677 |
Proceeds from stock option exercises | 1,759 | 8,777 | 3,622 |
Excess tax benefits from share-based compensation arrangements | 4,975 | 7,484 | 0 |
Principal payments on capital lease obligations | -1,558 | -1,413 | -4,612 |
Net cash used in financing activities | -19,953 | -155,087 | -104,057 |
Net increase in cash and cash equivalents from continuing operations | -95,562 | 394,653 | 135,485 |
Cash flows from discontinued operations: | ' | ' | ' |
Net cash used in operating activities | 0 | -82 | -359 |
Net cash provided by (used in) investing activities | 0 | 563 | 750 |
Net increase in cash and cash equivalents from discontinued operations | 0 | 481 | 391 |
Effect of Exchange Rate on Cash and Cash Equivalents | 6,543 | 0 | 0 |
Cash and cash equivalents at beginning of period | 610,970 | 215,836 | 79,960 |
Cash and cash equivalents at end of period | $521,951 | $610,970 | $215,836 |
Description_Of_Business_And_Ba
Description Of Business And Basis Of Presentation | 12 Months Ended | |
Dec. 31, 2013 | ||
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | |
Description Of Business And Basis Of Presentation | ' | |
Description of Business and Basis of Presentation | ||
Description of Business | ||
AMC Networks Inc. (“AMC Networks”) and collectively with its subsidiaries (the “Company”) own and operate entertainment businesses and assets. The Company is comprised of two operating segments: | ||
• | National Networks: Includes four nationally distributed programming networks: AMC, WE tv, IFC and SundanceTV (formerly known as Sundance Channel). These programming networks are distributed throughout the United States (“U.S.”) via cable and other multichannel video programming distribution platforms, including direct broadcast satellite (“DBS”) and platforms operated by telecommunications providers (we refer collectively to these cable and other multichannel video programming distributors as “multichannel video programming distributors” or “distributors”); and | |
• | International and Other: Principally includes AMC/Sundance Channel Global, the Company’s international programming business; IFC Films, the Company’s independent film distribution business; AMC Networks Broadcasting & Technology, the Company’s network technical services business, which primarily services the programming networks of the Company; and various developing online content distribution initiatives. AMC and Sundance Channel are distributed in Canada, Sundance Channel is also distributed in Europe, Asia and Latin America and WE tv is distributed in Asia. The International and Other operating segment also includes VOOM HD Holdings LLC (“VOOM HD”). | |
On June 30, 2011, Cablevision Systems Corporation (Cablevision Systems Corporation and its subsidiaries are referred to as “Cablevision”) spun off the Company (the “Distribution”) and the Company became an independent public company. In connection with the Distribution, Cablevision contributed all of the membership interests of Rainbow Media Holdings LLC (“RMH”) to the Company. RMH owned, directly or indirectly, the businesses included in Cablevision’s Rainbow Media segment. On June 30, 2011, Cablevision effected the Distribution of all of AMC Networks’ outstanding common stock. In the Distribution, each holder of Cablevision NY Group (“CNYG”) Class A Common Stock of record on June 16, 2011 received one share of AMC Networks Class A Common Stock for every four shares of CNYG Class A Common Stock held on the record date, which resulted in the issuance of approximately 57,813,000 shares of Class A Common Stock. Each record holder of CNYG Class B Common Stock received one share of AMC Networks Class B Common Stock for every four shares of CNYG Class B Common Stock held on the record date, which resulted in the issuance of approximately 13,534,000 shares of Class B Common Stock. Immediately prior to the Distribution, the Company was an indirect wholly-owned subsidiary of Cablevision. Both Cablevision and AMC Networks continue to be controlled by Charles F. Dolan, certain members of his immediate family and certain family related entities (collectively the “Dolan Family”). | ||
As part of the Distribution, the Company incurred $2,425,000 of debt (the “Distribution Debt”), consisting of $1,725,000 aggregate principal amount of senior secured term loans and $700,000 aggregate principal amount of senior unsecured notes (see Note 7). Approximately $1,063,000 of the proceeds of the Distribution Debt was used to repay all pre-Distribution outstanding Company debt (excluding capital leases), including principal and accrued and unpaid interest to the date of repayment, and, as partial consideration for Cablevision’s contribution of the membership interests in RMH to the Company, $1,250,000, net of discount, of Distribution Debt was issued to CSC Holdings, LLC (“CSC Holdings”), a wholly-owned subsidiary of Cablevision, which is reflected as a deemed capital distribution in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011. CSC Holdings used such Distribution Debt to satisfy and discharge outstanding CSC Holdings debt, which ultimately resulted in such Distribution Debt being held by third party investors. | ||
Basis of Presentation | ||
Principles of Consolidation | ||
The consolidated financial statements include the accounts of AMC Networks and its majority-owned subsidiaries in which a controlling interest is maintained. All intercompany transactions and balances have been eliminated in consolidation. | ||
The Company’s consolidated financial statements for periods prior to the Distribution have been derived from the consolidated financial statements and accounting records of Cablevision and reflect certain assumptions and allocations. The results of operations and cash flows of the Company for those periods could differ from those that might have resulted had the Company been operated autonomously or as an entity independent of Cablevision. The Company’s consolidated financial statements after the Distribution reflect certain revenues and expenses related to transactions with or charges from Cablevision and The Madison Square Garden Company and its subsidiaries (“MSG”) as described in Note 15. | ||
Use of Estimates | ||
These consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, valuation and recoverability of goodwill and long-lived intangible assets and income taxes. | ||
Reclassifications | ||
Certain reclassifications were made to the prior period amounts to conform to the current period presentation. | ||
Discontinued Operations | ||
The net operating results following the sale of our ownership interests in the Lifeskool and Sportskool video-on-demand services in September and October 2008, respectively, which were recorded under the installment sales method, have been classified as discontinued operations for the years ended December 31, 2012 and 2011. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Significant Accounting Policies [Text Block] | ' | ||||||||
Summary of Significant Accounting Policies | |||||||||
Revenue Recognition | |||||||||
Revenue is recognized when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. Revenue recognition for each source of the Company’s revenue is based on the following policies: | |||||||||
Distribution | |||||||||
The Company recognizes revenue from distributors that carry the Company’s programming services under multi-year contracts, commonly referred to as “affiliation agreements.” The programming services are delivered throughout the terms of the agreements and the Company recognizes revenue as programming is provided. Revenue from the licensing of original programming for digital and foreign distribution is recognized upon availability or distribution by the licensee. Revenue from video-on-demand and similar pay-per-view arrangements is recognized as programming is exhibited based on end-customer purchases as reported by the distributor. Revenue derived from other sources is recognized when delivery occurs or the services are rendered. | |||||||||
Advertising | |||||||||
Advertising revenues are recognized when commercials are aired. In most advertising sales arrangements, the Company’s programming businesses guarantee specified viewer ratings for their programming. For these types of transactions, a portion of such revenue is deferred if the guaranteed viewer ratings are not met and is subsequently recognized either when the Company provides the required additional advertising time, the guarantee obligation contractually expires or performance requirements become remote. | |||||||||
Multiple-Element Transactions | |||||||||
For multiple-deliverable revenue arrangements, the Company uses the relative selling price method to allocate the arrangement consideration. Under the relative selling price method, the Company determines its best estimate of selling price in a manner consistent with that used to determine the price to sell the deliverable on a stand-alone basis. For multiple-element deliverable arrangements that include elements other than revenue, if there is objective and reliable evidence of fair value for all elements of accounting, the arrangement consideration is allocated to the separate elements of accounting based on relative fair values. There may be cases in which there is objective and reliable evidence of fair value of undelivered items in an arrangement but no such evidence for the delivered items. In those cases, the total fair value of the undelivered elements, as indicated by vendor-specific objective evidence, is deferred and the remainder of the arrangement consideration is allocated to the delivered elements. | |||||||||
Technical and Operating Expenses | |||||||||
Costs of revenues, including but not limited to programming expense, primarily consisting of amortization and impairments or write-offs of programming rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program operating costs, such as origination, transmission, uplinking and encryption, are classified as technical and operating expenses in the consolidated statements of income. | |||||||||
Advertising and Distribution Expenses | |||||||||
Advertising costs are charged to expense when incurred and are recorded to selling, general and administrative expenses in the consolidated statements of income. Advertising costs were $150,734, $154,371 and $105,068 for the years ended December 31, 2013, 2012, and 2011, respectively. Marketing, distribution and general and administrative costs related to the exploitation of owned original programming are expensed as incurred and are recorded to selling, general and administrative expenses in the consolidated statements of income. | |||||||||
Share-Based Compensation | |||||||||
The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the portion of awards that are ultimately expected to vest. The cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award using a straight-line amortization method, except for restricted stock units granted to non-employee directors which vest 100%, and are expensed, at the date of grant. | |||||||||
For periods prior to the Distribution date, Cablevision charged the Company its proportionate share of expenses or benefits related to Cablevision’s employee stock plans and Cablevision’s long-term incentive plans (see Note 15). Share-based compensation expense is included in selling, general and administrative expenses in the consolidated statements of income. | |||||||||
Foreign Currency Transactions | |||||||||
The Company distributes programming in certain territories outside of the U.S. for which it has a limited number of trade receivables denominated in a foreign currency. In addition, in 2013, in connection with the acquisition of Chellomedia, the Company purchased euros to mitigate the foreign currency exchange rate risk in fluctuations in the euro denominated purchase price. Changes in exchange rates with respect to amounts recorded in the Company's consolidated balance sheets related to these non U.S. dollar denominated transactions result in transaction gains and losses that are reflected in the Company's consolidated statements of income as unrealized (based on the applicable period end exchange rates) or realized upon settlement of the transactions. The Company recognized $7,322, $(231) and $(130) of foreign currency transaction gains (losses) for the years ended December 31, 2013, 2012 and 2011, respectively, related to those receivables denominated in a foreign currency and the translation of euro denominated cash and cash equivalents at December 31, 2013 (see Note 19 for further discussion regarding the acquisition of Chellomedia). Such amounts are included in miscellaneous, net in the consolidated statements of income. | |||||||||
Cash and Cash Equivalents | |||||||||
The Company’s cash investments are placed with money market funds and financial institutions that are investment grade as rated by Standard & Poor’s and Moody’s Investors Service. The Company selects money market funds that predominantly invest in marketable, direct obligations issued or guaranteed by the U.S. government or its agencies, commercial paper, fully collateralized repurchase agreements, certificates of deposit, and time deposits. | |||||||||
The Company considers the balance of its investment in funds that substantially hold securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or are at fair value. | |||||||||
Accounts Receivable, Trade | |||||||||
The Company periodically assesses the adequacy of valuation allowances for uncollectible accounts receivable by evaluating the collectability of outstanding receivables and general factors such as length of time individual receivables are past due, historical collection experience, and the economic and competitive environment. As of December 31, 2013 and 2012, the Company had $48,380 and $41,983, respectively, of accounts receivable due in excess of one-year, which are included in other assets in the consolidated balance sheets. | |||||||||
Program Rights | |||||||||
Rights to programming, including feature films and episodic series, acquired under license agreements are stated at the lower of amortized cost or net realizable value. Such licensed rights along with the related obligations are recorded at the contract value when a license agreement is executed, unless there is uncertainty with respect to either cost, acceptability or availability. If such uncertainty exists, those rights and obligations are recorded at the earlier of when the uncertainty is resolved or the license period begins. Costs are amortized to technical and operating expense on a straight-line basis over a period not to exceed the respective license periods. | |||||||||
The Company’s owned original programming is primarily produced by production companies, with the remainder produced by the Company. Owned original programming costs, including estimated participation and residual costs, qualifying for capitalization as program rights are amortized to technical and operating expense over their estimated useful lives, commencing upon the first airing, based on attributable revenue for airings to date as a percentage of total projected attributable revenue, or ultimate revenue (film-forecast-computation method). Projected attributable revenue is based on previously generated revenues for similar content in established markets, primarily consisting of distribution and advertising revenues, and projected program usage. Projected program usage is based on the Company’s current expectation of future exhibitions taking into account historical usage of similar content. Projected attributable revenue can change based upon programming market acceptance, levels of distribution and advertising revenue and decisions regarding planned program usage. These calculations require management to make assumptions and to apply judgment regarding revenue and planned usage. Accordingly, the Company periodically reviews revenue estimates and planned usage and revises its assumptions if necessary, which could impact the timing of amortization expense or result in a write-down to net realizable value. | |||||||||
The Company periodically reviews the programming usefulness of its licensed and owned original program rights based on a series of factors, including expected future revenue generation from airings on the Company's networks and other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If it is determined that film or other program rights have no future programming usefulness, a write-off of the unamortized cost is recorded in technical and operating expense. See Note 3 for further discussion regarding program rights write-offs. | |||||||||
Long-Lived Assets and Amortizable Intangible Assets | |||||||||
Property and equipment are carried at cost. Equipment under capital leases is recorded at the present value of the total minimum lease payments. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to equipment under capital leases and leasehold improvements, amortized over the shorter of the lease term or the assets’ useful lives and reported in depreciation and amortization in the consolidated statements of income. | |||||||||
Amortizable intangible assets established in connection with business combinations primarily consist of affiliate relationships. Amortizable intangible assets are amortized on a straight-line basis over their respective estimated useful lives. | |||||||||
The Company reviews its long-lived assets (property and equipment, and intangible assets subject to amortization that arose from acquisitions) for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. If the sum of the expected cash flows, undiscounted and without interest, is less than the carrying amount of the asset, an impairment loss is recognized as the amount by which the carrying amount of the asset exceeds its fair value. | |||||||||
Goodwill and Indefinite-Lived Intangible Assets | |||||||||
Goodwill | |||||||||
Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized, but instead are tested annually for impairment during the first quarter (“annual impairment test date”) and upon the occurrence of certain events or substantive changes in circumstances. | |||||||||
The annual goodwill impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. An entity may choose to perform the qualitative assessment on none, some or all of its reporting units or an entity may bypass the qualitative assessment for any reporting unit and proceed directly to step one of the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of a reporting unit is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test is a two-step process. The first step compares the carrying amount of a reporting unit, including goodwill, with its fair value utilizing an enterprise-value based approach. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of the goodwill impairment loss, if any. The second step compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill that would be recognized in a business combination. | |||||||||
Indefinite-Lived Intangible Assets | |||||||||
Indefinite-lived intangible assets established in connection with business combinations primarily consist of trademarks. The impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. | |||||||||
Deferred Carriage Fees | |||||||||
Deferred carriage fees represent amounts principally paid to multichannel video distributors to obtain additional subscribers and/or guarantee carriage of certain programming services and are amortized as a reduction of revenue over the period of the related affiliation arrangement (up to 13 years). | |||||||||
Derivative Financial Instruments | |||||||||
The Company’s derivative financial instruments are recorded as either assets or liabilities in the consolidated balance sheet based on their fair values. The Company’s embedded derivative financial instruments are clearly and closely related to the host contracts; therefore, such derivative financial instruments are not accounted for on a stand-alone basis. Changes in the fair values are reported in earnings or other comprehensive income depending on the use of the derivative and whether it qualifies for hedge accounting. Derivative instruments are designated and accounted for as either a hedge of a recognized asset or liability (fair value hedge) or a hedge of a forecasted transaction (cash flow hedge). For derivatives not designated as hedges, changes in fair values are recognized in earnings and included in interest expense, for interest rate swap contracts and miscellaneous, net, for foreign currency contracts. For derivatives designated as effective cash flow hedges, changes in fair values are recognized in other comprehensive income (loss). Changes in fair values related to fair value hedges as well as the ineffective portion of cash flow hedges are recognized in earnings. Changes in the fair value of the underlying hedged item of a fair value hedge are also recognized in earnings. See Note 9 for a further discussion of the Company’s derivative financial instruments. | |||||||||
Income Taxes | |||||||||
The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and estimates with regard to the liability for unrecognized tax benefits resulting from uncertain tax positions. Deferred tax assets are evaluated quarterly for expected future realization and reduced by a valuation allowance to the extent management believes it is more likely than not that a portion will not be realized. The Company provides deferred taxes for the outside basis difference for its investment in partnerships. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense. | |||||||||
Commitments and Contingencies | |||||||||
Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the contingency can be reasonably estimated. | |||||||||
Concentration of Credit Risk | |||||||||
Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. Cash is invested in money market funds and bank time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company’s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. As of December 31, 2013, one customer accounted for 15% of consolidated accounts receivable, trade and receivables due in excess of one-year (included in other assets). | |||||||||
Net Income per Share | |||||||||
The consolidated statements of income present basic and diluted net income per share (“EPS”). Basic EPS is based upon net income divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks stock options (including those held by directors and employees of related parties of the Company) and AMC Networks restricted shares/units (including those held by employees of related parties of the Company). | |||||||||
The following is a reconciliation between basic and diluted weighted average shares outstanding: | |||||||||
Years Ended December 31, | |||||||||
2013 | 2012 | 2011 | |||||||
Basic weighted average shares outstanding | 71,543,000 | 70,374,000 | 69,283,000 | ||||||
Effect of dilution: | |||||||||
Stock options | 286,000 | 783,000 | 510,000 | ||||||
Restricted shares/units | 874,000 | 1,079,000 | 938,000 | ||||||
Diluted weighted average shares outstanding | 72,703,000 | 72,236,000 | 70,731,000 | ||||||
For the year ended December 31, 2012, approximately 527 restricted shares/units have been excluded from diluted weighted average common shares outstanding since they would have been anti-dilutive. | |||||||||
Common Stock of AMC Networks | |||||||||
Each holder of AMC Networks Class A Common Stock has one vote per share while holders of AMC Networks Class B Common Stock have ten votes per share. AMC Networks Class B shares can be converted to AMC Networks Class A Common Stock at anytime with a conversion ratio of one AMC Networks Class A common share for one AMC Networks Class B common share. The AMC Networks Class A stockholders are entitled to elect 25% of the Company’s Board of Directors. AMC Networks Class B stockholders have the right to elect the remaining members of the Company’s Board of Directors. In addition, AMC Networks Class B stockholders are parties to an agreement which has the effect of causing the voting power of these AMC Networks Class B stockholders to be cast as a block. | |||||||||
Shares Outstanding | |||||||||
Class A | Class B | ||||||||
Common Stock | Common Stock | ||||||||
Balance at June 30, 2011 (date of Distribution) | 57,813,267 | 13,534,408 | |||||||
Employee and non-employee director stock transactions* | 621,437 | — | |||||||
Balance at December 31, 2011 | 58,434,704 | 13,534,408 | |||||||
Conversion of Class B common stock to Class A common stock | 1,750,000 | (1,750,000 | ) | ||||||
Employee and non-employee director stock transactions* | 406,326 | — | |||||||
Balance at December 31, 2012 | 60,591,030 | 11,784,408 | |||||||
Conversion of Class B common stock to Class A common stock | 300,000 | (300,000 | ) | ||||||
Employee and non-employee director stock transactions* | (96,916 | ) | — | ||||||
Balance at December 31, 2013 | 60,794,114 | 11,484,408 | |||||||
*Primarily includes issuances of common stock in connection with employee stock option exercises and restricted shares granted to employees, partially offset by shares acquired by the Company in connection with the fulfillment of employees’ statutory tax withholding obligations for applicable income and other employment taxes and forfeited employee restricted shares. | |||||||||
Recently Adopted Accounting Pronouncements | |||||||||
In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-10, Derivatives and Hedging (Topic 815): Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes. ASU 2013-10 permits the Fed Funds Effective Swap Rate to be used as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to Treasury obligations of the U.S. government and London Interbank Offered Rate. ASU 2013-10 also removes the restriction on using different benchmark rates for similar hedges. The Company adopted ASU 2013-10 prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this authoritative guidance did not have any impact on the Company's consolidated financial statements. | |||||||||
In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (ASU 2013-02). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. The Company adopted ASU 2013-02 effective January 1, 2013 (see Note 17). | |||||||||
In July 2012, the FASB issued ASU No. 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02), to allow entities to use a qualitative approach to test indefinite-lived intangible assets for impairment. ASU 2012-02 permits an entity to first perform a qualitative assessment to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If it is concluded that this is the case, an entity is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with Subtopic 350-30. Otherwise, the quantitative impairment test is not required. The Company adopted ASU 2012-02 effective January 1, 2013. For the annual impairment test as of the end of February 2013, the Company decided to bypass the qualitative approach allowable under this guidance and performed a quantitative assessment of its identifiable indefinite-lived intangible assets (see Note 5). | |||||||||
Recently Issued Accounting Pronouncements | |||||||||
In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU 2013-11). ASU 2013-11 states the presentation of an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows: to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective in the first quarter of 2014 and early adoption is permitted. The adoption of ASU 2013-11 is not expected to have a material effect on the Company's consolidated financial statements. |
Program_Rights
Program Rights | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Film Cost Disclosures [Abstract] | ' | |||
Programs And Program Licenses [Text Block] | ' | |||
Program Rights and Obligations | ||||
Program Rights | ||||
Owned original program rights, net of $100,696 at December 31, 2013 is included as a component of long-term program rights, net in the consolidated balance sheet. The Company estimates that approximately 94% of unamortized owned original programming costs, as of December 31, 2013, will be amortized within the next three years. The Company expects to amortize $62,470 of unamortized owned original programming costs during the next twelve months. Program rights write-offs of $61,005, $9,990 and $18,332 were recorded for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||
Program Rights Obligations | ||||
Amounts payable subsequent to December 31, 2013 related to program rights obligations included in the consolidated balance sheet are as follows: | ||||
Years Ending December 31, | ||||
2014 | $ | 210,190 | ||
2015 | 169,047 | |||
2016 | 131,699 | |||
2017 | 61,453 | |||
2018 | 43,795 | |||
Thereafter | 43,593 | |||
$ | 659,777 | |||
Property_and_Equipment
Property and Equipment | 12 Months Ended | |||||||||
Dec. 31, 2013 | ||||||||||
Property, Plant and Equipment [Abstract] | ' | |||||||||
Property, Plant and Equipment Disclosure [Text Block] | ' | |||||||||
Property and Equipment | ||||||||||
Property and equipment (including equipment under capital leases) consists of the following: | ||||||||||
December 31, | Estimated | |||||||||
2013 | 2012 | Useful Lives | ||||||||
Program, service and test equipment | $ | 114,641 | $ | 103,169 | 2 to 5 years | |||||
Satellite equipment | 17,443 | 16,580 | 13 years | |||||||
Furniture and fixtures | 15,803 | 15,386 | 5 to 8 years | |||||||
Transmission equipment | 41,391 | 37,518 | 5 years | |||||||
Leasehold improvements | 46,655 | 45,321 | Term of lease | |||||||
235,933 | 217,974 | |||||||||
Accumulated depreciation and amortization | (164,865 | ) | (147,084 | ) | ||||||
$ | 71,068 | $ | 70,890 | |||||||
During 2013, the Company retired $5,114 of fully depreciated assets that were no longer in use. | ||||||||||
Depreciation and amortization expense on property and equipment (including capital leases) amounted to $23,036, $20,891 and $20,739, respectively, for the years ended December 31, 2013, 2012 and 2011. | ||||||||||
At December 31, 2013 and 2012, the gross amount of equipment and related accumulated amortization recorded under capital leases were as follows: | ||||||||||
December 31, | ||||||||||
2013 | 2012 | |||||||||
Satellite equipment | $ | 17,443 | $ | 16,580 | ||||||
Less accumulated amortization | (8,836 | ) | (7,474 | ) | ||||||
$ | 8,607 | $ | 9,106 | |||||||
Goodwill_and_Other_Intangible_
Goodwill and Other Intangible Assets | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | |||||||||||||
Goodwill And Other Intangible Assets | ' | |||||||||||||
Goodwill and Other Intangible Assets | ||||||||||||||
The carrying amount of goodwill, by operating segment is as follows: | ||||||||||||||
National Networks | International and Other | Total | ||||||||||||
31-Dec-12 | $ | 78,109 | $ | 1,196 | $ | 79,305 | ||||||||
Amortization of "second component" goodwill | (2,557 | ) | — | (2,557 | ) | |||||||||
31-Dec-13 | $ | 75,552 | $ | 1,196 | $ | 76,748 | ||||||||
The reduction of $2,557 in the carrying amount of goodwill for the National Networks is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns. | ||||||||||||||
There were no accumulated impairment losses related to goodwill for any periods as of December 31, 2013. | ||||||||||||||
The following table summarizes information relating to the Company’s identifiable intangible assets: | ||||||||||||||
31-Dec-13 | Estimated | |||||||||||||
Gross | Accumulated | Net | Useful Lives | |||||||||||
Amortization | ||||||||||||||
Amortizable intangible assets: | ||||||||||||||
Affiliate relationships | $ | 243,600 | $ | (53,971 | ) | $ | 189,629 | 25 years | ||||||
Other amortizable intangible assets | 644 | (621 | ) | 23 | 4 to 10 years | |||||||||
Total amortizable intangible assets | 244,244 | (54,592 | ) | 189,652 | ||||||||||
Indefinite-lived intangible assets: | ||||||||||||||
Trademarks | 19,900 | — | 19,900 | |||||||||||
Total intangible assets | $ | 264,144 | $ | (54,592 | ) | $ | 209,552 | |||||||
December 31, 2012 | ||||||||||||||
Gross | Accumulated | Net | ||||||||||||
Amortization | ||||||||||||||
Amortizable intangible assets: | ||||||||||||||
Affiliation agreements and affiliate relationships | $ | 840,757 | $ | (623,621 | ) | $ | 217,136 | |||||||
Advertiser relationships | 74,248 | (70,226 | ) | 4,022 | ||||||||||
Other amortizable intangible assets | 644 | (519 | ) | 125 | ||||||||||
Total amortizable intangible assets | 915,649 | (694,366 | ) | 221,283 | ||||||||||
Indefinite-lived intangible assets: | ||||||||||||||
Trademarks | 19,900 | — | 19,900 | |||||||||||
Total intangible assets | $ | 935,549 | $ | (694,366 | ) | $ | 241,183 | |||||||
The gross asset and accumulated amortization amounts related to fully amortized affiliation agreements and advertiser relationships of $597,157 and $74,248, respectively, were removed from the intangible assets balance as of December 31, 2013. | ||||||||||||||
Aggregate amortization expense for amortizable intangible assets for the years ended December 31, 2013, 2012 and 2011 was $31,631, $64,489 and $79,109, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: | ||||||||||||||
Years Ending December 31, | ||||||||||||||
2014 | $ | 9,759 | ||||||||||||
2015 | 9,746 | |||||||||||||
2016 | 9,746 | |||||||||||||
2017 | 9,746 | |||||||||||||
2018 | 9,746 | |||||||||||||
Annual Impairment Test of Goodwill | ||||||||||||||
Based on the Company’s annual impairment test for goodwill as of the end of February 2013, no impairment charge was required for any of the reporting units. The Company performed a qualitative assessment for each reporting unit other than the SundanceTV reporting unit. The qualitative assessment included, but was not limited to, consideration of the historical significant excesses of the estimated fair value of each reporting unit over its respective carrying value (including allocated goodwill), macroeconomic conditions, industry and market considerations, cost factors and historical and projected cash flows. The Company performed a quantitative assessment for the SundanceTV reporting unit. Additionally, the Company performed an interim impairment test of goodwill in December 2013 for the SundanceTV reporting unit. Based on the interim assessment, the reporting units fair value exceeded its carrying value (including allocated goodwill). In order to evaluate the sensitivity of the estimated fair value calculation, the Company applied a hypothetical 20% decrease in the fair value of the SundanceTV reporting unit. This hypothetical decrease would have no impact on the conclusions reached in the goodwill impairment analysis. | ||||||||||||||
In assessing the recoverability of goodwill, the Company must make assumptions regarding estimated future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized and also the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimates of fair value for goodwill impairment testing are primarily determined using discounted cash flows and comparable market transactions methods. These valuation methods are based on estimates and assumptions including projected future cash flows, discount rate and determination of appropriate market comparables and determination of whether a premium or discount should be applied to comparables. Projected future cash flows also include assumptions for renewals of affiliation agreements, the projected number of subscribers and the projected average rates per basic and viewing subscribers and growth in fixed price contractual arrangements used to determine affiliation fee revenue, access to program rights and the cost of such program rights, amount of programming time that is advertiser supported, number of advertising spots available and the sell through rates for those spots, average fee per advertising spot and operating margins, among other assumptions. If these estimates or material related assumptions change in the future, we may be required to record impairment charges related to goodwill. | ||||||||||||||
Annual Impairment Test of Identifiable Indefinite-Lived Intangible Assets | ||||||||||||||
Based on the Company's annual impairment test for identifiable indefinite-lived intangible assets as of the end of February 2013, and interim test as of December 2013, no impairment charge was required. The Company’s indefinite-lived intangible assets relate to SundanceTV trademarks, which were valued using a relief-from-royalty method in which the expected benefits are valued by discounting estimated royalty revenue over projected revenues covered by the trademarks. In order to evaluate the sensitivity of the fair value calculations for the Company’s identifiable indefinite-lived intangible assets, the Company applied a hypothetical 20% decrease to the estimated fair value of the identifiable indefinite-lived intangible assets. This hypothetical decrease in estimated fair value would not result in an impairment. | ||||||||||||||
Significant judgments inherent in estimating the fair value of indefinite-lived intangible assets include the selection of appropriate discount and royalty rates, estimating the amount and timing of estimated future cash flows and identification of appropriate continuing growth rate assumptions. The discount rates used in the analysis are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets. |
Accrued_Liabilities
Accrued Liabilities | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Accrued Liabilities [Abstract] | ' | |||||||
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | ' | |||||||
Accrued Liabilities | ||||||||
Accrued liabilities consist of the following: | ||||||||
December 31, 2013 | December 31, 2012 | |||||||
Interest | $ | 27,770 | $ | 28,250 | ||||
Employee related costs | 88,512 | 75,620 | ||||||
Income taxes payable | — | 116,740 | ||||||
Other accrued expenses | 15,008 | 11,852 | ||||||
Total accrued liabilities | $ | 131,290 | $ | 232,462 | ||||
Debt
Debt | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Debt Disclosure [Abstract] | ' | |||||||
Debt | ' | |||||||
Debt | ||||||||
Long-term debt consists of: | ||||||||
31-Dec-13 | 31-Dec-12 | |||||||
Senior Secured Credit Facility: | ||||||||
Term loan A facility | $ | 880,000 | $ | 880,000 | ||||
Senior Notes: | ||||||||
7.75% Notes due July 2021 | 700,000 | 700,000 | ||||||
4.75% Notes due December 2022 | 600,000 | 600,000 | ||||||
Total long-term debt | 2,180,000 | 2,180,000 | ||||||
Unamortized discount | (22,817 | ) | (26,685 | ) | ||||
Long-term debt, net | $ | 2,157,183 | $ | 2,153,315 | ||||
Amended and Restated Senior Secured Credit Facility | ||||||||
On December 16, 2013 (the “Refinancing Date”), AMC Networks and its subsidiary, AMC Network Entertainment LLC (the “Borrowers”), and certain of AMC Networks’ subsidiaries, as restricted subsidiaries, entered into an amended and restated credit agreement, which amends and restates AMC Networks’ prior credit agreement dated June 30, 2011 in its entirety. | ||||||||
The amended and restated credit agreement provides the Borrowers with senior secured credit facilities consisting of (a) an initial $880,000 term loan A that was used by AMC Networks to retire the then outstanding term loan A facility provided under the June 30, 2011 original credit agreement, (b) a subsequent $600,000 term loan A (collectively, the “Term Loan A Facility”)which was drawn on January 31, 2014 upon the satisfaction of certain conditions related to consummation of AMC Networks’ acquisition of substantially all of Chellomedia (see Note 19 for further discussion regarding the acquisition of Chellomedia), and (c) a $500,000 revolving credit facility (together with the Term Loan A Facility, collectively, the “Credit Facility.”) The Term Loan A Facility matures on December 16, 2019. The revolving credit facility matures on December 16, 2018. | ||||||||
The revolving credit facility was not drawn upon on the Refinancing Date and remained undrawn at December 31, 2013. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company. | ||||||||
In connection with the Credit Facility, AMC Networks incurred deferred financing costs of $12,669 as of December 31, 2013 and an additional amount of $9,006 was incurred on January 31, 2014 in connection with the subsequent $600,000 term loan A facility, which are amortized to interest expense, utilizing the effective interest method, over the term of each respective component of the Credit Facility. | ||||||||
Borrowings under the Credit Facility bear interest at a floating rate, which at the option of the Borrowers may be either (a) a base rate plus an additional rate ranging from 0.50% to 1.25% per annum (determined based on a cash flow ratio) (the “Base Rate”), or (b) a Eurodollar rate plus an additional rate ranging from 1.50% to 2.25% per annum (determined based on a cash flow ratio) (the “Eurodollar Rate”), provided that for the six month period following the Refinancing Date, the additional rate used in calculating both floating rates is subject to a floor of (i) 1.00% per annum for borrowings bearing the Base Rate, and (ii) 2.00% per annum for borrowings bearing the Eurodollar Rate. At December 31, 2013, the interest rate on the Term Loan A Facility was 2.17%, reflecting a Eurodollar Rate plus the additional rate as described herein. | ||||||||
The Credit Facility requires the Borrowers to pay a commitment fee of between 0.25% and 0.50% (determined based on a cash flow ratio) in respect of the average daily unused commitments under the revolving credit facility. The Borrowers also are required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit pursuant to the Credit Facility. | ||||||||
All obligations under the Credit Facility are guaranteed, jointly and severally, by certain of AMC Networks’ existing and future domestic restricted subsidiaries in accordance with the Credit Facility. All obligations under the Credit Facility, including the guarantees of those obligations, are secured by certain assets of the Borrowers and certain of its restricted subsidiaries. | ||||||||
Borrowings under the Credit Facility may be voluntarily prepaid without premium and penalty at any time. The Term Loan A Facility also provides for various mandatory prepayments, including with the proceeds from certain dispositions of property and borrowings. The Term Loan A Facility is required to be repaid in quarterly installments of $18,500 from March 31, 2015 through December 31, 2015, $37,000 beginning March 31, 2016 through December 31, 2016, $55,500 beginning March 31, 2017 through December 31, 2017, $74,000 beginning March 31, 2018 through September 30, 2019 and $518,000 on December 16, 2019, which is the Term Loan A Facility maturity date. Any amounts outstanding under the revolving credit facility are due at maturity on December 16, 2018. | ||||||||
The Credit Facility contains certain affirmative and negative covenants applicable to the Borrowers and certain of their restricted subsidiaries. These include restrictions on the Borrowers’ and certain of their restricted subsidiaries ability to incur indebtedness, make investments in entities that are not restricted subsidiaries, place liens on assets, enter into certain affiliate transactions and make certain restricted payments, including restrictions on AMC Networks’ ability to pay dividends on its common stock. The Credit Facility also requires the Borrowers to comply with the following financial covenants: (i) a maximum ratio of net debt to annual operating cash flow (each defined in the Credit Facility) of 6.50:1 initially, and decreasing to 6.00:1 on and after January 1, 2016; and (ii) a minimum ratio of annual operating cash flow to annual total interest expense (as defined in the Credit Facility) of 2.50:1. | ||||||||
AMC Networks was in compliance with all financial covenants under the Credit Facility as of December 31, 2013. | ||||||||
Original Credit Facility | ||||||||
On June 30, 2011, AMC Networks, as borrower, and substantially all of its subsidiaries, as restricted subsidiaries, entered into a credit agreement (the "Original Credit Agreement"). Under the terms of such credit agreement, AMC Networks was provided with senior secured credit facilities consisting of a $1,130,000 term loan A facility, a $595,000 term loan B facility and a $500,000 revolving credit facility (collectively, the "Original Credit Facility"). The term loan A facility and the term loan B facility were discounted $5,650 and $12,986, respectively, upon original issuance. On June 30, 2011, approximately $577,000 of the Original Credit Facility debt was issued to CSC Holdings as partial consideration for the transfer to AMC Networks of the RMH businesses in June 2011 in connection with the Distribution of AMC Networks from Cablevision, which was consummated on June 30, 2011. The issuance of debt to CSC Holdings was reflected as a deemed capital distribution in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011. CSC Holdings used such debt to satisfy and discharge outstanding CSC Holdings debt. | ||||||||
On December 16, 2013, we used the proceeds from the borrowings under the Term Loan A Facility to repay the outstanding amount under the term loan A facility of the Original Credit Facility. Additionally, we recorded a write-off of deferred financing costs of $4,007 for the year ended December 31, 2013, which includes certain unamortized deferred financing costs associated with the Original Credit Facility of $3,719 and certain financing costs relating to the Credit Facility of $288 as well as a a loss on extinguishment of debt of $1,087 for the year ended December 31, 2013 related to a portion of the unamortized discount associated with the Original Credit Facility that was written off. | ||||||||
On December 17, 2012, AMC Networks issued $600,000 in aggregate principal amount of its 4.75% Notes (see "4.75% Senior Notes due 2022" discussion below) and used the net proceeds of the offering to repay the outstanding amount under the term loan B facility. In connection with this repayment, the Company recorded a write-off of the related unamortized deferred financing costs and a loss on extinguishment of debt of $898 and $10,774, respectively, in the consolidated statement of income for the year ended December 31, 2012. Additionally, the Company recorded an unrealized loss of $8,725 on the related interest rate swap contracts previously designated as cash flow hedges of a portion of the term loan B facility which is included in interest expense in the consolidated statement of income for the year ended December 31, 2012. | ||||||||
7.75% Senior Notes due 2021 | ||||||||
On June 30, 2011, AMC Networks issued $700,000 in aggregate principal amount of its 7.75% senior notes, net of an original issue discount of $14,000, due July 15, 2021 (the “7.75% Notes”) to CSC Holdings, as partial consideration for the transfer to AMC Networks of the RMH businesses in June 2011, which is reflected as a deemed capital distribution in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011. CSC Holdings used the Company’s 7.75% Notes to satisfy and discharge outstanding CSC Holdings debt. The recipients of the 7.75% Notes or their affiliates then offered the 7.75% Notes to investors, through an offering memorandum dated June 22, 2011, which ultimately resulted in the 7.75% Notes being held by third party investors. | ||||||||
The 7.75% Notes were issued under an indenture dated as of June 30, 2011 (the “7.75% Notes Indenture”). | ||||||||
In connection with the issuance of the 7.75% Notes, AMC Networks incurred deferred financing costs of $1,533, which are being amortized, using the effective interest method, to interest expense over the term of the 7.75% Notes. | ||||||||
Interest on the 7.75% Notes accrues at the rate of 7.75% per annum and is payable semi-annually in arrears on January 15 and July 15 of each year. | ||||||||
The 7.75% Notes may be redeemed, in whole or in part, at any time on or after July 15, 2016, at a redemption price equal to 103.875% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption), declining annually to 100% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption) beginning on July 15, 2019. | ||||||||
In addition, if AMC Networks experiences a Change of Control (as defined in the 7.75% Notes Indenture), the holders of the 7.75% Notes may require AMC Networks to repurchase for cash all or a portion of their 7.75% Notes at a price equal to 101% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such repurchase). | ||||||||
The 7.75% Notes are guaranteed on a senior unsecured basis by certain of AMC Networks’ existing and future domestic restricted subsidiaries, in accordance with the 7.75% Notes Indenture. The guarantees under the 7.75% Notes are full and unconditional and joint and several. | ||||||||
AMC Networks is a holding company and has no independent assets or operations of its own, the guarantees under the 7.75% Notes are full and unconditional and joint and several, and any subsidiaries of AMC Networks other than the restricted subsidiaries are minor. There are no restrictions on the ability of AMC Networks or any of the restricted subsidiaries to obtain funds from its subsidiaries by dividend or loan. | ||||||||
The 7.75% Notes Indenture contains certain affirmative and negative covenants applicable to AMC Networks and its restricted subsidiaries including restrictions on their ability to incur additional indebtedness, consummate certain assets sales, make investments in entities that are not restricted subsidiaries, create liens on their assets, enter into certain affiliate transactions and make certain restricted payments, including restrictions on AMC Networks’ ability to pay dividends on, or repurchase, its common stock. | ||||||||
4.75% Senior Notes due 2022 | ||||||||
On December 17, 2012, AMC Networks issued $600,000 in aggregate principal amount of its 4.75% senior notes, net of an issuance discount of $10,500, due December 15, 2022 (the “4.75% Notes”). AMC Networks used the net proceeds of this offering to repay the outstanding amount under its term loan B facility of approximately $587,600, with the remaining proceeds used for general corporate purposes. The 4.75% Notes were issued pursuant to an indenture dated as of December 17, 2012 (the “Base Indenture,” and together with the First Supplemental Indenture, the “4.75% Notes Indenture”). | ||||||||
In connection with the issuance of the 4.75% Notes, AMC Networks incurred deferred financing costs of $1,393, which are being amortized, using the effective interest method, to interest expense over the term of the 4.75% Notes. | ||||||||
Interest on the 4.75% Notes accrues at the rate of 4.75% per annum and is payable semi-annually in arrears on June 15 and December 15 of each year. | ||||||||
The 4.75% Notes may be redeemed, in whole or in part, at any time on or after December 15, 2017, at a redemption price equal to 102.375% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption), declining annually to 100% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption) beginning on December 15, 2020. | ||||||||
In addition, if AMC Networks experiences a Change of Control (as defined in the 4.75% Notes Indenture), the holders of the 4.75% Notes may require AMC Networks to repurchase for cash all or a portion of their 4.75% Notes at a price equal to 101% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such repurchase). | ||||||||
The 4.75% Notes are guaranteed on a senior unsecured basis by certain of AMC Networks’ existing and future domestic restricted subsidiaries, in accordance with the 4.75% Notes Indenture. The guarantees under the 4.75% Notes are full and unconditional and joint and several. | ||||||||
AMC Networks is a holding company and has no independent assets or operations of its own, the guarantees under the 4.75% Notes are full and unconditional and joint and several, and any subsidiaries of AMC Networks other than the restricted subsidiaries are minor. There are no restrictions on the ability of AMC Networks or any of the restricted subsidiaries to obtain funds from its subsidiaries by dividend or loan. | ||||||||
The 4.75% Notes Indenture contains certain affirmative and negative covenants applicable to AMC Networks and its restricted subsidiaries including restrictions on their ability to incur additional indebtedness, consummate certain assets sales, make investments in entities that are not restricted subsidiaries, create liens on their assets, enter into certain affiliate transactions and make certain restricted payments, including restrictions on AMC Networks’ ability to pay dividends on, or repurchase, its common stock. | ||||||||
Summary of Debt Maturities | ||||||||
Total amounts payable by the Company under its various debt obligations (excluding capital leases) outstanding as of December 31, 2013 are as follows: | ||||||||
Years Ending December 31, | ||||||||
2014 | $ | — | ||||||
2015 | 44,000 | |||||||
2016 | 88,000 | |||||||
2017 | 132,000 | |||||||
2018 | 176,000 | |||||||
Thereafter | 1,740,000 | |||||||
On January 31, 2014, in connection with the consummation of the Company's acquisition of substantially all of Chellomedia, the Company incurred an additional term loan A borrowing of $600,000. This additional borrowing increases the future amounts payable as follows: $30,000 in 2015, $60,000 in 2016, $90,000 in 2017, $120,000 in 2018 and $300,000 thereafter. | ||||||||
RNS Senior Notes and Senior Subordinated Notes Redemption | ||||||||
RNS Senior Notes | ||||||||
In April 2011, Rainbow National Services LLC (“RNS”), a wholly-owned indirect subsidiary of the Company, issued a notice of redemption to holders of its 8 3/4% senior notes due September 2012. In connection therewith, on May 13, 2011 RNS redeemed 100% of the outstanding senior notes at a redemption price equal to 100% of the principal amount of the notes of $300,000, plus accrued and unpaid interest of $5,250 to the redemption date. In order to fund the May 13, 2011 redemption, the Company borrowed $300,000 under its $300,000 revolving credit facility which existed prior to June 30, 2011. The Company used cash on hand to fund the payment of accrued and unpaid interest of $5,250. In connection with the redemption, the Company recorded a write-off of the related unamortized deferred financing costs and a loss on extinguishment of debt of $1,186 and $350, respectively, in the consolidated statement of income for the year ended December 31, 2011. | ||||||||
RNS Senior Subordinated Notes (tender prices per note in dollars) | ||||||||
On June 15, 2011, RNS announced that it commenced a cash tender offer (the “Tender Offer”) for all of its outstanding $325,000 aggregate principal amount 10 3/8% senior subordinated notes due 2014 (the “RNS Senior Subordinated Notes”) for total consideration of $1,039.58 per $1,000 principal amount of notes tendered for purchase, consisting of tender offer consideration of $1,029.58 per $1,000 principal amount of notes plus an early tender premium of $10 per $1,000 principal amount of notes. The Tender Offer was made in connection with the Distribution of AMC Networks by Cablevision. | ||||||||
In connection with the Tender Offer, on June 30, 2011 RNS redeemed 100% of the outstanding $325,000 aggregate principal amount of the RNS Senior Subordinated Notes. The Company used proceeds from borrowings under the Credit Facility to fund the redemption, and payment of fees and accrued and unpaid interest of $11,146. Tender premiums aggregating $12,864, along with accretion to the principal amount and other transaction costs of $1,321 have been recorded in loss on extinguishment of debt in the consolidated statement of income for the year ended December 31, 2011. The related unamortized deferred financing costs aggregating approximately $2,455 were written off and recorded in write-off of deferred financing costs in the consolidated statement of income for the year ended December 31, 2011. | ||||||||
RNS Credit Facility Repayment | ||||||||
Outstanding borrowings under the RNS term loan facility and revolving credit facility were $425,000 and $50,000, respectively, at December 31, 2010. In connection with the Distribution, RNS repaid amounts then outstanding under its RNS credit facility at June 30, 2011 of $412,500 under its term A loan facility and $300,000 under its revolving credit facility which aggregated $713,785, including accrued and unpaid interest and fees to the repayment date of June 30, 2011. The Company used proceeds from borrowings under the Credit Facility to fund the repayment. The related unamortized deferred financing costs aggregating approximately $2,062 were written off and recorded in write-off of deferred financing costs in the consolidated statement of income for the year ended December 31, 2011. |
Fair_Value_Measurement
Fair Value Measurement | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Measurement | ' | ||||||||||||||||
Fair Value Measurement | |||||||||||||||||
The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: | |||||||||||||||||
• | Level I—Quoted prices for identical instruments in active markets. | ||||||||||||||||
• | Level II—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. | ||||||||||||||||
• | Level III—Instruments whose significant value drivers are unobservable. | ||||||||||||||||
The following table presents for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2013 and December 31, 2012: | |||||||||||||||||
Level I | Level II | Level III | Total | ||||||||||||||
At December 31, 2013: | |||||||||||||||||
Assets: | |||||||||||||||||
Cash equivalents(a) | $ | 63,029 | $ | — | $ | — | $ | 63,029 | |||||||||
Foreign currency option contracts | $ | — | $ | 2,577 | $ | — | $ | 2,577 | |||||||||
Liabilities: | |||||||||||||||||
Interest rate swap contracts | $ | — | $ | 12,713 | $ | — | $ | 12,713 | |||||||||
At December 31, 2012: | |||||||||||||||||
Assets: | |||||||||||||||||
Cash equivalents(a) | $ | 487,900 | $ | — | $ | — | $ | 487,900 | |||||||||
Liabilities: | |||||||||||||||||
Interest rate swap contracts | $ | — | $ | 22,137 | $ | — | $ | 22,137 | |||||||||
(a) | Represents the Company’s investment in funds that invest primarily in money market securities. | ||||||||||||||||
The Company’s cash equivalents are classified within Level I of the fair value hierarchy because they are valued using quoted market prices. | |||||||||||||||||
The Company’s foreign currency option contracts and interest rate swap contracts (discussed in Note 9 below) are classified within Level II of the fair value hierarchy and their fair values are determined based on a market approach valuation technique that uses readily observable market parameters and the consideration of counterparty risk. | |||||||||||||||||
Credit Facility Debt and Senior Notes | |||||||||||||||||
The fair values of each of the Company’s debt instruments are based on quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments of the same remaining maturities. | |||||||||||||||||
The carrying values and estimated fair values of the Company’s financial instruments, excluding those that are carried at fair value in the consolidated balance sheets are summarized as follows: | |||||||||||||||||
31-Dec-13 | |||||||||||||||||
Carrying | Estimated | ||||||||||||||||
Amount | Fair Value | ||||||||||||||||
Debt instruments: | |||||||||||||||||
Term loan A facility | $ | 878,315 | $ | 876,700 | |||||||||||||
7.75% Notes due July 2021 | 688,497 | 787,500 | |||||||||||||||
4.75% Notes due December 2022 | 590,371 | 571,500 | |||||||||||||||
$ | 2,157,183 | $ | 2,235,700 | ||||||||||||||
December 31, 2012 | |||||||||||||||||
Carrying | Estimated | ||||||||||||||||
Amount | Fair Value | ||||||||||||||||
Debt instruments: | |||||||||||||||||
Term loan A facility | $ | 876,358 | $ | 876,154 | |||||||||||||
7.75% Notes due July 2021 | 687,423 | 801,500 | |||||||||||||||
4.75% Notes due December 2022 | 589,534 | 603,000 | |||||||||||||||
$ | 2,153,315 | $ | 2,280,654 | ||||||||||||||
Fair value estimates related to the Company’s debt instruments presented above are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. |
Derivative_Financial_Instrumen
Derivative Financial Instruments | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||||||
Derivative Financial Instruments | ' | |||||||||||||||||||
Derivative Financial Instruments | ||||||||||||||||||||
Interest Rate Risk | ||||||||||||||||||||
To manage interest rate risk, the Company enters into interest rate swap contracts to adjust the amount of total debt that is subject to variable interest rates. Such contracts effectively fix the borrowing rates on floating rate debt to limit the exposure against the risk of rising interest rates. The Company does not enter into interest rate swap contracts for speculative or trading purposes and it has only entered into interest rate swap contracts with financial institutions that it believes are creditworthy counterparties. The Company monitors the financial institutions that are counterparties to its interest rate swap contracts and to the extent possible diversifies its swap contracts among various counterparties to mitigate exposure to any single financial institution. | ||||||||||||||||||||
The Company’s risk management objective and strategy with respect to interest rate swap contracts is to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability in cash flows relating to interest payments on a portion of its outstanding debt. The Company is meeting its objective by hedging the risk of changes in its cash flows (interest payments) attributable to changes in the LIBOR index rate, the designated benchmark interest rate being hedged (the “hedged risk”), on an amount of the Company’s debt principal equal to the then-outstanding swap notional. The forecasted interest payments are deemed to be probable of occurring. | ||||||||||||||||||||
In 2011, the Company entered into primarily amortizing interest rate swap contracts to effectively fix borrowing rates on a substantial portion of the Company’s floating rate debt. These contracts were designated as cash flow hedges for accounting and tax purposes (see below). The Company assesses, both at the hedge’s inception and on an ongoing basis, hedge effectiveness based on the overall changes in the fair value of the interest rate swap contracts. Hedge effectiveness of the interest rate swap contracts is based on a hypothetical derivative methodology. Any ineffective portion of the interest rate swap contracts is recorded in current-period earnings. | ||||||||||||||||||||
As discussed in Note 7, in connection with the repayment of the term loan B facility in December 2012, the Company recorded an unrealized loss of $8,725 related to the interest rate swap contracts previously designated as cash flow hedges of a portion of the term loan B facility which was reclassified from accumulated other comprehensive loss to interest expense in the consolidated statement of income for the year ended December 31, 2012 as the related interest rate swap contracts no longer qualified for hedge accounting. Subsequent changes in fair values related to these interest rate swap contracts are recognized in earnings and included in interest expense. The interest rate swap contracts outstanding hedging the Company's floating rate debt on the Term Loan A Facility continue to be designated and qualify as effective interest rate swap cash flow hedges. | ||||||||||||||||||||
As of December 31, 2013, the Company had interest rate swap contracts outstanding with notional amounts aggregating $700,250, which consists of interest rate swap contracts with notional amounts of $500,250 that are designated as cash flow hedges and interest rate swap contracts with notional amounts of $200,000 that are not designated as hedging instruments. The Company’s outstanding interest rate swap contracts have varying maturities ranging from September 2015 to July 2017. At December 31, 2013, the Company’s interest rate swap contracts designated as cash flow hedges were highly effective, in all material respects. | ||||||||||||||||||||
Foreign Currency Exchange Rate Risk | ||||||||||||||||||||
To manage foreign currency exchange rate risk, the Company enters into foreign currency contracts from time to time with financial institutions to limit the exposure to fluctuations in foreign currency exchange rates. The Company does not enter into foreign currency contracts for speculative or trading purposes. | ||||||||||||||||||||
Historically, the Company's exposure to foreign currency fluctuations has been limited to certain trade receivables from the distribution of our programming in certain territories outside of the U.S. that are denominated in a foreign currency. During 2013, in order to mitigate the foreign currency exchange rate risk in fluctuations in the euro denominated purchase price of the pending acquisition of Chellomedia, the Company purchased euros and entered into foreign currency option contracts. As of December 31, 2013, cash and cash equivalents included €250,000 and prepaid expense and other current assets included $2,577 representing the fair value of foreign currency option contracts with notional amounts aggregating €125,000. | ||||||||||||||||||||
The fair values of the Company's derivative financial instruments included in the consolidated balance sheets are as follows: | ||||||||||||||||||||
Asset Derivatives | Liability Derivatives | |||||||||||||||||||
Balance Sheet | Fair Value | Balance Sheet | Fair Value | |||||||||||||||||
Location | Location | |||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Derivatives designated as hedging instruments: | ||||||||||||||||||||
Interest rate swap contracts | $ | — | $ | — | Other liabilities | $ | 7,136 | $ | 13,398 | |||||||||||
Derivatives not designated as hedging instruments: | ||||||||||||||||||||
Interest rate swap contracts | — | — | Other liabilities | 5,577 | 8,739 | |||||||||||||||
Foreign currency option contracts | Prepaid expenses and other current assets | 2,577 | — | — | — | |||||||||||||||
Total derivatives | $ | 2,577 | $ | — | $ | 12,713 | $ | 22,137 | ||||||||||||
The amount of the gains and losses related to the Company's derivative financial instruments designated as hedging instruments are as follows: | ||||||||||||||||||||
Amount of Gain or (Loss) | Location of Gain or (Loss)Reclassified from | Amount of Gain or (Loss) | ||||||||||||||||||
Recognized in Other | Accumulated OCI | Reclassified from | ||||||||||||||||||
Comprehensive Income(“OCI”) on Derivatives | into Earnings (Effective Portion) | Accumulated OCI | ||||||||||||||||||
(Effective Portion) | into Earnings | |||||||||||||||||||
(Effective Portion)(a) | ||||||||||||||||||||
Years Ended December 31, | Years Ended December 31, | |||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Derivatives in cash flow hedging relationships: | ||||||||||||||||||||
Interest rate swap contracts | $ | (1,018 | ) | $ | (12,663 | ) | Interest expense | $ | (7,280 | ) | $ | (18,356 | ) | |||||||
(a) | There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the years ended December 31, 2013 and 2012. | |||||||||||||||||||
The amount of the gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows: | ||||||||||||||||||||
Location of Gain (Loss) Recognized in Earnings on Derivatives | Amount of Gain (Loss) Recognized in Earnings on Derivatives | |||||||||||||||||||
Years Ended December 31, | ||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||
Derivatives not designated as hedging relationships: | ||||||||||||||||||||
Interest rate swap contracts | Interest expense | $ | 569 | $ | (14 | ) | ||||||||||||||
Foreign currency option contracts | Miscellaneous, net | 1,151 | — | |||||||||||||||||
Total | $ | 1,720 | $ | (14 | ) | |||||||||||||||
Leases
Leases | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Leases [Abstract] | ' | |||
Leases of Lessee Disclosure [Text Block] | ' | |||
Leases | ||||
Operating Leases | ||||
Certain subsidiaries of the Company lease office space and equipment under long-term non-cancelable operating lease agreements which expire at various dates through 2020. The leases generally provide for fixed annual rentals plus certain other costs or credits. Costs associated with such operating leases are recognized on a straight-line basis over the initial lease term. The difference between rent expense and rent paid is recorded as deferred rent. Rent expense for the years ended December 31, 2013, 2012 and 2011 amounted to $15,640, $14,814 and $13,312, respectively. | ||||
The future minimum annual payments for the Company’s operating leases related to continuing operations (with initial or remaining terms in excess of one year) during the next five years from January 1, 2014 through December 31, 2018 and thereafter, at rates now in force are as follows: | ||||
2014 | $ | 17,739 | ||
2015 | 17,895 | |||
2016 | 17,866 | |||
2017 | 11,007 | |||
2018 | 5,059 | |||
Thereafter | 7,184 | |||
Capital Leases | ||||
Future minimum capital lease payments as of December 31, 2013 are as follows: | ||||
2014 | $ | 3,036 | ||
2015 | 3,036 | |||
2016 | 3,036 | |||
2017 | 3,036 | |||
2018 | 3,036 | |||
Thereafter | 3,896 | |||
Total minimum lease payments | 19,076 | |||
Less amount representing interest (at 9.3%-10.4%) | (4,971 | ) | ||
Present value of net minimum future capital lease payments | 14,105 | |||
Less principal portion of current installments | (1,718 | ) | ||
Long-term portion of obligations under capital leases | $ | 12,387 | ||
Income_Taxes
Income Taxes | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Income Tax Disclosure [Abstract] | ' | |||||||||||
Income Taxes | ' | |||||||||||
Income Taxes | ||||||||||||
Income tax expense attributable to continuing operations consists of the following components: | ||||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
Current (benefit) expense: | ||||||||||||
Federal | $ | (10,137 | ) | $ | 148,495 | $ | 2,333 | |||||
State and foreign | 7,507 | 18,836 | 6,489 | |||||||||
(2,630 | ) | 167,331 | 8,822 | |||||||||
Deferred (benefit) expense: | ||||||||||||
Federal | 154,299 | (77,360 | ) | 62,131 | ||||||||
State | 17,205 | (11,154 | ) | 7,029 | ||||||||
171,504 | (88,514 | ) | 69,160 | |||||||||
Tax expense relating to uncertain tax positions, including accrued interest | 9,967 | 7,241 | 6,266 | |||||||||
Income tax expense | $ | 178,841 | $ | 86,058 | $ | 84,248 | ||||||
Income tax expense attributable to discontinued operations is classified as current income tax expense for the year ended December 31, 2012 and deferred income tax expense for the year ended December 31, 2011. | ||||||||||||
A reconciliation of the federal statutory income tax rate to the effective income tax rate is as follows: | ||||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
U.S. federal statutory income tax rate | 35 | % | 35 | % | 35 | % | ||||||
State and local income taxes, net of federal benefit | 2 | 2 | 4 | |||||||||
Changes in the valuation allowance | 1 | (1 | ) | (1 | ) | |||||||
Domestic production activity deduction | (1 | ) | — | — | ||||||||
Tax expense relating to uncertain tax positions, including accrued interest, net of deferred tax benefits | 2 | 2 | 2 | |||||||||
Other | (1 | ) | 1 | — | ||||||||
Effective income tax rate | 38 | % | 39 | % | 40 | % | ||||||
The tax effects of temporary differences that give rise to significant components of deferred tax assets or liabilities at December 31, 2013 and 2012 are as follows: | ||||||||||||
December 31, | ||||||||||||
2013 | 2012 | |||||||||||
Deferred Tax Asset (Liability) | ||||||||||||
Current | ||||||||||||
NOLs and tax credit carry forwards | $ | 5,130 | $ | 687 | ||||||||
Compensation and benefit plans | 13,299 | 10,230 | ||||||||||
Allowance for doubtful accounts | 316 | 392 | ||||||||||
Deferred litigation settlement proceeds | — | 114,210 | ||||||||||
Other liabilities | 1,280 | 1 | ||||||||||
Deferred tax asset | 20,025 | 125,520 | ||||||||||
Valuation allowance | (2,623 | ) | (4,117 | ) | ||||||||
Net deferred tax asset, current | 17,402 | 121,403 | ||||||||||
Other assets | (1,734 | ) | — | |||||||||
Deferred tax liability, current | (1,734 | ) | — | |||||||||
Net deferred tax asset, current | 15,668 | 121,403 | ||||||||||
Noncurrent | ||||||||||||
NOLs and tax credit carry forwards | 26,413 | 25,625 | ||||||||||
Compensation and benefit plans | 18,713 | 13,768 | ||||||||||
Fixed assets and intangible assets | — | 7,480 | ||||||||||
Interest rate swap contracts | 3,577 | 4,971 | ||||||||||
Other liabilities | 7,281 | 7,537 | ||||||||||
Deferred tax asset | 55,984 | 59,381 | ||||||||||
Valuation allowance | (7,335 | ) | (1,947 | ) | ||||||||
Net deferred tax asset, noncurrent | 48,649 | 57,434 | ||||||||||
Prepaid liabilities | (825 | ) | (668 | ) | ||||||||
Fixed assets and intangible assets | (8,595 | ) | — | |||||||||
Investments in partnerships | (131,116 | ) | (85,907 | ) | ||||||||
Other assets | (3,388 | ) | — | |||||||||
Deferred tax liability, noncurrent | (143,924 | ) | (86,575 | ) | ||||||||
Net deferred tax liability, noncurrent | (95,275 | ) | (29,141 | ) | ||||||||
Total net deferred tax (liability) asset | $ | (79,607 | ) | $ | 92,262 | |||||||
At December 31, 2013, the Company had foreign tax credit carry forwards of approximately $23,000, expiring on various dates from 2014 through 2023, subject to a valuation allowance of approximately $2,000. As a result of the Chellomedia acquisition, the Company is in the process of evaluating its foreign tax credit carry forwards. | ||||||||||||
For the year ended December 31, 2013, excess tax benefits of $4,975 relating to share-based compensation awards and $1,613 relating to amortization of tax deductible second component goodwill were realized as a reduction in tax liability (as determined on a 'with-and-without' approach). | ||||||||||||
At December 31, 2013, the liability for uncertain tax positions was $26,333, excluding the related accrued interest liability of $3,109 and deferred tax assets of $7,760. All of such unrecognized tax benefits, if recognized, would reduce the Company's income tax expense and effective tax rate. | ||||||||||||
A reconciliation of the beginning to ending amount of the liability for uncertain tax positions (excluding related accrued interest and deferred tax benefit) is as follows: | ||||||||||||
Balance at December 31, 2012 | $ | 16,721 | ||||||||||
Increases related to prior year tax positions | 6,802 | |||||||||||
Increases related to current year tax positions | 4,907 | |||||||||||
Decreases due to settlements of prior year tax positions | (1,810 | ) | ||||||||||
Decreases due to payments related to prior year tax positions | (287 | ) | ||||||||||
Balance at December 31, 2013 | $ | 26,333 | ||||||||||
Interest expense (net of the related deferred tax benefit) of $796 offset by interest income of $746, related to the settlements of prior year tax positions, was recognized during the year ended December 31, 2013 and is included in income tax expense in the consolidated statement of income. At December 31, 2013 and 2012, the liability for uncertain tax positions and related accrued interest noted above are included in other liabilities in the consolidated balance sheets. | ||||||||||||
Under the Company's Tax Disaffiliation Agreement with Cablevision, Cablevision is liable for all income taxes of the Company for periods prior to the Distribution except for New York City Unincorporated Business Tax. The City of New York is currently auditing the Company's Unincorporated Business Tax Returns for the years 2008 through 2011. The Internal Revenue Service is currently auditing the Company’s U.S. Corporate Income Tax Return for 2011. | ||||||||||||
For periods prior to the Distribution, the Company’s taxable income or loss was included in the consolidated federal and certain state and local income tax returns of Cablevision. Consequently, income tax expense for such periods is based on the taxable income of the Company on a separate tax return basis. The reductions in taxes payable during such periods realized by the Company through the utilization of Cablevision’s NOLs or by Cablevision through the utilization of the Company’s NOLs or credits are reflected as deemed capital contributions or distributions, respectively, in the periods of utilization and are adjusted for true-ups in subsequent periods. Accordingly, deemed capital contributions, net of $36,867 was recorded in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011 to reflect the estimated NOLs of Cablevision used by the Company. In addition, deemed capital distributions, net of $2,942 and $2,586 were recorded in the consolidated statements of stockholders’ deficiency for the years ended December 31, 2012 and 2011, respectively, to reflect true-ups as of the Distribution date for utilization of Cablevision's NOLs and for adjustments to liabilities for uncertain tax positions and net deferred tax assets as a result of the Distribution and the estimated New York City Unincorporated Business Tax credits of the Company used by Cablevision, respectively. | ||||||||||||
As a result of the Distribution, the following adjustments to the deferred tax assets and liabilities were recorded as a deemed capital distribution, net in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011: (i) a decrease in the net deferred tax assets of $2,302 to reflect the lower stand-alone estimated applicable corporate tax rates, (ii) a decrease in the deferred tax asset for share-based awards of $7,292 to eliminate the portion of the deferred tax asset relating to share-based compensation expense attributable to Cablevision corporate employees that was allocated to the Company prior to the Distribution, and (iii) a decrease in the deferred tax asset of $1,314 to reflect that certain compensation awards are no longer anticipated to be realized as a tax deduction pursuant to Internal Revenue Code Section 162(m). In addition, as of the Distribution date, liabilities for uncertain tax positions of $56,409, accrued interest of $1,284, and the related deferred tax assets of $2,358 were eliminated and recorded as a deemed capital contribution, net in the consolidated statement of stockholders’ deficiency as the liability for such uncertain tax positions became an obligation of Cablevision. | ||||||||||||
Pursuant to the Company's Tax Disaffiliation Agreement with Cablevision, the Company is required to indemnify Cablevision for losses and taxes of Cablevision relating to the Distribution or any related debt exchanges resulting from the breach of certain covenants, including as a result of certain acquisitions of our stock or assets or as a result of modification or repayment of certain related debt in a manner inconsistent with the private letter ruling or letter ruling request. |
Commitments_and_Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments And Contingencies | ' |
Commitments and Contingencies | |
Commitments | |
The Company has purchase obligations which consist primarily of program rights obligations that have not yet met the criteria to be recorded in the balance sheet. Future purchase obligations at December 31, 2013, are as follows: $122,560 in 2014, $24,963 in years 2015-2016, $14,355 in years 2017-2018 and $11,938 thereafter. The Company has guarantee commitments which consists primarily of a guarantee of payments to a production service company for certain production related costs. Guarantees at December 31, 2013, are $60,179 in 2014. The Company has contract obligations which primarily represents participation obligations and deferred carriage fees payable to distributors. Contract obligations at December 31, 2013, are as follows: $33,549 in 2014, $12,471 in years 2015-2016, $3,165 in years 2017-2018 and $2,560 thereafter. | |
Legal Matters | |
On April 15, 2011, Thomas C. Dolan, a director of the Company and Executive Vice President, Strategy and Development, in the Office of the Chairman and a director of Cablevision, filed a lawsuit against Cablevision and RMH in New York Supreme Court. The lawsuit raises compensation-related claims (seeking approximately $11,000) related to events in 2005. The matter is being handled under the direction of an independent committee of the board of directors of Cablevision. In connection with the Distribution Agreement, Cablevision indemnified the Company and RMH against any liabilities and expenses related to this lawsuit. Based on the indemnification and Cablevision’s and the Company’s assessment of this possible loss contingency, no provision has been made for this matter in the consolidated financial statements. | |
In addition to the matters discussed above, the Company is party to various lawsuits and claims in the ordinary course of business. Although the outcome of these other matters cannot be predicted with certainty and the impact of the final resolution of these other matters on the Company’s results of operations in a particular subsequent reporting period is not known, management does not believe that the resolution of these matters will have a material adverse effect on the financial position of the Company or the ability of the Company to meet its financial obligations as they become due. |
Equity_and_LongTerm_Incentive_
Equity and Long-Term Incentive Plans | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||||
Equity And Long-Term Incentive Plans | ' | |||||||||||||||
Equity and Long-Term Incentive Plans | ||||||||||||||||
In connection with the Distribution, the Company adopted the AMC Networks Inc. 2011 Employee Stock Plan (the “2011 Employee Stock Plan”), the AMC Networks Inc. 2011 Stock Plan for Non-Employee Directors (the “2011 Non-Employee Director Plan”) and the AMC Networks Inc. 2011 Cash Incentive Plan (the “2011 Cash Incentive Plan”). All Plans were amended and restated and approved by the Company’s shareholders on June 5, 2012. | ||||||||||||||||
Equity Plans | ||||||||||||||||
Under the 2011 Employee Stock Plan, the Company is authorized to grant incentive stock options, non-qualified stock options, restricted shares, restricted stock units, stock appreciation rights ("SARs") and other equity-based awards. The Company may grant awards for up to 5,000,000 shares of AMC Networks Class A Common Stock (subject to certain adjustments). Equity-based awards granted under the 2011 Employee Stock Plan must be granted with an exercise price of not less than the fair market value of a share of AMC Networks Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant. The terms and conditions of awards granted under the 2011 Employee Stock Plan, including vesting and exercisability, are determined by the Compensation Committee of the Board of Directors (“Compensation Committee”) and may include terms or conditions based upon performance criteria. Restricted share awards that were awarded under the 2011 Employee Stock Plan are subject to three-year cliff vesting, and certain restricted share awards are also subject to certain performance conditions. Restricted share awards that were awarded by the Company to its employees will settle in shares of the Company's Class A Common Stock (either from treasury or with newly issued shares), or, at the option of the Compensation Committee, in cash. As of December 31, 2013, there are 2,065,728 share awards available for future grant under the 2011 Employee Stock Plan. | ||||||||||||||||
Under the 2011 Non-Employee Director Plan, the Company is authorized to grant non-qualified stock options, restricted stock units, restricted shares, SARs and other equity-based awards. The Company may grant awards for up to 465,000 shares of AMC Networks Class A Common Stock (subject to certain adjustments). Stock options under the 2011 Non-Employee Director Plan must be granted with an exercise price of not less than the fair market value of a share of AMC Networks Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant. The terms and conditions of awards granted under the 2011 Non-Employee Director Plan, including vesting and exercisability, are determined by the Compensation Committee. Unless otherwise provided in an applicable award agreement, stock options granted under this plan will be fully vested and exercisable, and restricted stock units granted under this plan will be fully vested, upon the date of grant and will settle in shares of the Company's Class A Common Stock (either from treasury or with newly issued shares), or, at the option of the Compensation Committee, in cash, on the first business day after ninety days from the date the director's service on the Board of Directors ceases or, if earlier, upon the director's death. In 2013, 2012 and 2011, the Company granted 21,712, 30,393 and 38,951 restricted stock units, respectively, with weighted-average fair market values of $62.69, $39.81 and $31.06 per share, respectively, to non-employee directors under the 2011 Non-Employee Director Plan, which vested on the grant date. As of December 31, 2013, there are 294,417 share awards available for future grant under the 2011 Non-Employee Director Plan. | ||||||||||||||||
Stock Option Award Activity | ||||||||||||||||
The following table summarizes activity relating to Company employees who held AMC Networks stock options for the year ended December 31, 2013: | ||||||||||||||||
Shares Under Option | Weighted | Weighted | Aggregate | |||||||||||||
Average | Average | Intrinsic | ||||||||||||||
Exercise Price | Contractual | Value(a) | ||||||||||||||
Per Share | Term | |||||||||||||||
Time | Performance | (in years) | ||||||||||||||
Vesting | Vesting | |||||||||||||||
Options | Options | |||||||||||||||
Balance, December 31, 2012 | 129,151 | 2,500 | $ | 10.59 | 2.05 | $ | 5,123 | |||||||||
Exercised | (102,550 | ) | (2,500 | ) | $ | 9.38 | ||||||||||
Balance, December 31, 2013 | 26,601 | — | $ | 15.33 | 2.07 | $ | 1,404 | |||||||||
Options exercisable at December 31, 2013 | 26,061 | — | $ | 15.33 | 2.07 | $ | 1,404 | |||||||||
Options expected to vest in the future | — | — | n/a | n/a | n/a | |||||||||||
(a) | The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of AMC Networks Class A Common Stock on December 31, 2013 or December 31, 2012, as indicated. | |||||||||||||||
In addition, the following table summarizes activity relating to Cablevision and MSG employees who held AMC Networks stock options for the year ended December 31, 2013: | ||||||||||||||||
Shares Under Option | Weighted | Weighted | Aggregate | |||||||||||||
Average | Average | Intrinsic | ||||||||||||||
Exercise Price | Contractual | Value(a) | ||||||||||||||
Per Share | Term | |||||||||||||||
Time | Performance | (in years) | ||||||||||||||
Vesting | Vesting | |||||||||||||||
Options | Options | |||||||||||||||
Balance, December 31, 2012 | 326,376 | 35,600 | $ | 16.57 | 3.42 | $ | 11,918 | |||||||||
Exercised | (40,468 | ) | — | $ | 19.09 | |||||||||||
Balance, December 31, 2013 | 285,908 | 35,600 | $ | 16.26 | 2.27 | $ | 16,671 | |||||||||
Options exercisable at December 31, 2013 | 260,908 | 35,600 | $ | 15.23 | 2.03 | $ | 15,680 | |||||||||
Options expected to vest in the future | 25,000 | — | $ | 28.48 | 5.06 | $ | 991 | |||||||||
(a) | The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of AMC Networks Class A Common Stock on December 31, 2013 or December 31, 2012, as indicated, and December 31, 2013 in the case of the stock options expected to vest in the future. | |||||||||||||||
Restricted Share Award Activity | ||||||||||||||||
The following table summarizes activity relating to Company employees who held AMC Networks restricted shares for the year ended December 31, 2013: | ||||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Shares | Restricted | Value Per | ||||||||||||||
Shares | Share at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 433,030 | 205,193 | $ | 34.16 | ||||||||||||
Vested | (129,758 | ) | — | $ | 25.41 | |||||||||||
Forfeited | (14,665 | ) | — | $ | 36.6 | |||||||||||
Unvested award balance, December 31, 2013 | 288,607 | 205,193 | $ | 36.38 | ||||||||||||
The following table summarizes activity relating to Cablevision employees who held AMC Networks restricted shares for the year ended December 31, 2013: | ||||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Shares | Restricted | Value Per | ||||||||||||||
Shares | Share at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 470,361 | 135,175 | $ | 30.41 | ||||||||||||
Vested | (294,755 | ) | (76,025 | ) | $ | 25.53 | ||||||||||
Forfeited | (23,335 | ) | — | $ | 37.87 | |||||||||||
Unvested award balance, December 31, 2013 | 152,271 | 59,150 | $ | 38.13 | ||||||||||||
During the year ended December 31, 2013, 500,538 shares of AMC Networks Class A Common Stock previously issued to employees of AMC Networks and Cablevision vested. In connection with the employees’ satisfaction of the statutory minimum tax withholding obligations for the applicable income and other employment taxes, 204,434 of these shares, with an aggregate value of $12,135, were surrendered to the Company. These acquired shares, as well as 38,000 forfeited unvested restricted shares have been classified as treasury stock. | ||||||||||||||||
Restricted Share Unit Activity | ||||||||||||||||
The following table summarizes activity relating to Company employees who held AMC Networks restricted share units for the year ended December 31, 2013: | ||||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Share Units | Restricted | Value Per | ||||||||||||||
Share Units | Share Unit at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 337,634 | 97,915 | $ | 45.01 | ||||||||||||
Granted | 294,470 | 82,227 | $ | 59.57 | ||||||||||||
Forfeited | (27,271 | ) | — | $ | 50.33 | |||||||||||
Unvested award balance, December 31, 2013 | 604,833 | 180,142 | $ | 51.84 | ||||||||||||
Share-based Compensation Expense | ||||||||||||||||
The following table presents the share-based compensation expense reduced for forfeitures recorded during the years ended December 31, 2013, 2012 and 2011. Forfeitures were estimated based on historical experience. To the extent actual results of forfeitures differ from those estimates, such amounts will be recorded as an adjustment in the period the estimates are revised. | ||||||||||||||||
Years ended December 31, | ||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||
Restricted shares/units (including performance based shares/units) | $ | 20,299 | $ | 17,133 | $ | 15,173 | ||||||||||
Stock options (including performance based options) | — | 69 | 839 | |||||||||||||
Stock appreciation rights | — | — | (423 | ) | ||||||||||||
Share-based compensation expense | $ | 20,299 | $ | 17,202 | $ | 15,589 | ||||||||||
For periods prior to the Distribution, the Company’s share-based compensation includes amounts related to Company employees participating in the Cablevision equity awards programs, as well as amounts related to Cablevision corporate employees and non-employee directors to the extent allocated to the Company. For periods after the Distribution, the Company no longer receives an allocation of share-based compensation expense for Cablevision corporate employees and non-employee directors, including expense related to the Company’s Executive Chairman with respect to his participation in the Cablevision equity awards program (since he remained an executive officer of Cablevision). The Company does not record any share-based compensation expense for AMC Networks stock options or restricted shares held by Cablevision and MSG employees, however such stock options or restricted shares do have a dilutive effect on the Company’s net income per share. The Company records share-based compensation expense for Cablevision and MSG stock options and restricted shares/units held by the Company’s employees. | ||||||||||||||||
Share-based compensation expense is recognized in the consolidated statements of income as part of selling, general and administrative expenses. As of December 31, 2013, there was $26,134 of total unrecognized share-based compensation costs related to Company employees who held unvested AMC Networks and Cablevision restricted shares/units. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 1.8 years. There were no costs related to share-based compensation that were capitalized. | ||||||||||||||||
The Company receives income tax deductions related to restricted share/units, stock options or other equity awards granted to its employees by the Company, Cablevision or MSG, but does not receive income tax deductions for Company equity awards held by Cablevision or MSG employees. The Company uses the 'with-and-without' approach to determine the recognition and measurement of excess tax benefits. | ||||||||||||||||
Cash flows resulting from excess tax benefits are classified as cash flows from financing activities. Excess tax benefits are realized tax benefits from tax deductions for options exercised and restricted shares issued in excess of the deferred tax asset attributable to stock compensation costs for such awards. Excess tax benefits of $4,975 and $7,484 were recorded for the years ended December 31, 2013 and 2012. | ||||||||||||||||
Treatment of Previously Outstanding Share-Based Payment Awards After the AMC Networks Distribution | ||||||||||||||||
In connection with the Distribution and as provided for in Cablevision’s equity plans, each stock option and SAR outstanding at the effective date of the Distribution became two stock options or two SARs, as the case may be: (i) one with respect to Cablevision’s CNYG Class A Common Stock and (ii) one with respect to the Company’s Class A Common Stock. The existing exercise price of each stock option/SAR was allocated between the existing Cablevision stock option/SAR and the Company’s new stock option/SAR based on the weighted average trading price of Cablevision’s and the Company’s common shares for the 10 trading days subsequent to the Distribution and the underlying share amount took into account the 1:4 distribution ratio. As a result of this adjustment, approximately 73.59% of the pre-Distribution exercise price of stock options/SARs was allocated to the Cablevision stock options/SARs and approximately 26.41% was allocated to the Company’s new stock options/SARs. | ||||||||||||||||
On February 9, 2010, Cablevision distributed to its stockholders all of the outstanding common stock of MSG (the “MSG Distribution”). As a result of the Distribution and the MSG Distribution, certain employees of MSG hold stock options, SARs and restricted stock with respect to AMC Networks Class A Common Stock. In addition, as a result of the MSG Distribution, certain employees of the Company held MSG stock options, SARs and restricted shares with respect to MSG Class A Common Stock as of the MSG Distribution date. | ||||||||||||||||
Long-Term Incentive Plans | ||||||||||||||||
Under the terms of the 2011 Cash Incentive Plan, the Company is authorized to grant a cash award to certain employees. The terms and conditions of such awards are determined by the Compensation Committee of the Company’s Board of Directors, may include the achievement of certain performance criteria and may extend for a period not to exceed ten years. | ||||||||||||||||
In connection with the long-term incentive awards outstanding, the Company recorded expense of $17,516, $11,001 and $11,392 for the years ended December 31, 2013, 2012 and 2011 respectively. Accrued liabilities for long-term incentive awards of $29,047 and $20,673 are included in accrued liabilities and other liabilities in the consolidated balance sheets at December 31, 2013 and 2012, respectively. These liabilities include certain performance-based awards for which the performance criteria had not yet been met as of December 31, 2013 as such awards are based on achievement of certain performance criteria through December 31, 2014 or 2015. The Company has accrued the pro-rata amount earned that it currently believes will ultimately be paid based upon the performance criteria established for these performance-based awards. If the Company subsequently determines that the performance criteria for such awards is not probable of being achieved, the Company would reverse the accrual in respect of such award at that time. |
Benefit_Plans
Benefit Plans | 12 Months Ended |
Dec. 31, 2013 | |
Compensation and Retirement Disclosure [Abstract] | ' |
Pension And Other Postretirement Benefits Disclosure [Text Block] | ' |
Benefit Plans | |
Through June 30, 2011, the date of the Distribution, certain employees of the Company participated in Cablevision’s non-contributory, qualified defined benefit cash balance pension plan (the “Cash Balance Pension Plan”) and non-contributory non-qualified defined benefit excess cash balance plan (the “Excess Cash Balance Plan”). In connection with the Cash Balance Pension Plan and the Excess Cash Balance Plan (collectively, the “Pension Plans”), the Company was charged by Cablevision for credits made into an account established for each participant. Such credits were based upon a percentage of eligible base pay and a market-based rate of return. | |
Since the date of the Distribution, certain employees of the Company participated in Cablevision’s qualified defined contribution 401(k) savings plan (the “401(k) Plan”) and non-qualified excess savings plan (the “Excess Savings Plan”). Under the 401(k) Plan, a tax-qualified retirement savings plan, participating Company employees may contribute into their plan accounts a percentage of their eligible pay on a before-tax basis as well as a percentage of their eligible pay on an after-tax basis. The Company makes matching contributions on behalf of participating employees in accordance with the terms of the 401(k) Plan. In addition to the matching contribution, the Company will make a discretionary year-end contribution to employee 401(k) Plan accounts equal to 4% of eligible compensation, subject to certain conditions. | |
The Excess Savings Plan is a non-qualified deferred compensation plan that operates in conjunction with the 401(k) Plan. The Company provides a matching contribution to the Excess Savings Plan similar to the 401(k) Plan. | |
Effective June 28, 2013, the Company established the AMC Networks 401(k) Savings Plan and the AMC Networks Excess Savings Plan (the "AMC Networks Plans"). As of June 28, 2013, employees of the Company who were eligible participants have ceased participation in the Cablevision 401(k) Plan and Excess Savings Plan and participate in the AMC Networks Plans. | |
Total expense related to all benefit plans was $10,371, $8,929 and $7,865 for the years ended December 31, 2013, 2012 and 2011, respectively. The Company does not provide postretirement benefits for any of its employees. |
Related_Party_Transactions
Related Party Transactions | 12 Months Ended |
Dec. 31, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
Related Party Transactions | |
Members of the Dolan Family, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, including trusts for the benefit of the Dolan Family, collectively beneficially own all of the Company’s outstanding Class B Common Stock and own less than 2% of the Company’s outstanding Class A Common Stock. Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 66% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan Family are also the controlling stockholders of both Cablevision and MSG. | |
In connection with the Distribution, the Company entered into various agreements with Cablevision, such as a distribution agreement, a tax disaffiliation agreement, a transition services agreement, an employee matters agreement and certain related party arrangements. These agreements govern certain of the Company’s relationships with Cablevision subsequent to the Distribution and provide for the allocation of employee benefits, taxes and certain other liabilities and obligations attributable to periods prior to the Distribution. These agreements also include arrangements with respect to transition services and a number of on-going commercial relationships. The distribution agreement includes an agreement that the Company and Cablevision agree to provide each other with indemnities with respect to liabilities arising out of the businesses Cablevision transferred to the Company. | |
The Company provides services to and receives services from Cablevision and MSG. Until the Distribution date, the consolidated financial statements of the Company reflect the application of certain cost allocation policies of Cablevision. Management believes that these allocations were made on a reasonable basis. However, it is not practicable to determine whether the charged amounts represent amounts that might have been incurred on a stand-alone basis, including as a separate independent publicly owned company, as there are no company-specific or comparable industry benchmarks with which to make such estimates. Further, as many of these transactions are conducted between subsidiaries under common control of the Dolan Family, amounts charged for these services may not represent amounts that might have been received or incurred if the transactions were based upon arm’s-length negotiations. Through the Distribution date, the Company paid Cablevision a management fee pursuant to a consulting agreement between Cablevision and certain of the Company’s subsidiaries. The consulting agreement was terminated on the Distribution date and the Company did not replace it. | |
Revenues, net | |
The Company recorded affiliation fee revenues earned under affiliation agreements with subsidiaries of Cablevision. In addition, AMC Networks Broadcasting & Technology has entered into agreements with MSG to provide various transponder, technical and support services through 2020. Revenues, net from related parties amounted to $31,188, $32,195, and $31,885 for the years ended December 31, 2013, 2012 and 2011, respectively. | |
Technical and Operating | |
The Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Such transactions include various studio production services the Company provides to MSG for which the charges are reflected as a reduction of the related expenses. In addition, certain related parties provide various digital media and administrative support functions which primarily include salaries and facilities costs charged to the Company. Furthermore, through December 31, 2011, employees of the Company participated in health and welfare plans sponsored by Cablevision. Health and welfare benefit costs have generally been charged by Cablevision based upon the proportionate number of participants in the plans. | |
Amounts charged to the Company, included in technical and operating expenses, pursuant to transactions with its related parties amounted to $324, $620 and $5,040 for the years ended December 31, 2013, 2012 and 2011, respectively. | |
Selling, General and Administrative | |
Amounts charged (credited) to the Company, included in selling, general and administrative expenses, pursuant to the transition services agreement and for other transactions, including management fees allocated by Cablevision for periods through the Distribution date, with its related parties amounted to $2,721, $(206) and $57,004 for the years ended December 31, 2013, 2012 and 2011, respectively. Amounts charged to the Company for the year ended December 31, 2012 are net of shared legal fees charged to Cablevision associated with the DISH Network Contract Dispute. See DISH Network Proceeds Allocation discussion below. | |
Through the Distribution date, general and administrative costs, including costs of maintaining corporate headquarters, facilities and common support functions (such as executive management, human resources, legal, finance, tax, accounting, audit, treasury, risk management, strategic planning, information technology, etc.), have been charged to the Company by Cablevision. Additionally, the Company charges MSG for a portion of the Company’s leased facilities utilized by MSG which such cost reimbursements are recorded as a reduction to selling, general and administrative expenses. Subsequent to the Distribution date, amounts charged by Cablevision represent charges pursuant to a transition services agreement. See also Transition Services Agreement discussion below. | |
Through the Distribution date, the Company paid Cablevision a management fee pursuant to a consulting agreement between Cablevision and certain of the Company’s subsidiaries. The consulting agreement was terminated on the Distribution date and the Company did not replace it. | |
Transition Services Agreement | |
In connection with the Distribution, Cablevision and AMC Networks entered into a Transition Services Agreement under which, in exchange for the fees specified in such agreement, Cablevision agreed to provide transition services with regard to such areas as accounting, information systems, risk management and employee services, compensation and benefits. Under the Transition Services Agreement, AMC Networks also provides certain services to Cablevision and MSG on behalf of Cablevision. | |
Under the Transition Services Agreement, AMC Networks provides transition services to Cablevision and MSG with regard to its information technology systems that AMC Networks, Cablevision and MSG may share. AMC Networks and Cablevision, as parties receiving services under the agreement, have agreed to indemnify the party providing services for losses incurred by such party that arise out of or are otherwise in connection with the provision by such party of services under the agreement, except to the extent that such losses result from the providing party’s gross negligence, willful misconduct or breach of its obligations under the agreement. Similarly, each party providing services under the agreement has agreed to indemnify the party receiving services for losses incurred by such party that arise out of or are otherwise in connection with the indemnifying party’s provision of services under the agreement if such losses result from the providing party’s gross negligence, willful misconduct or breach of its obligations under the agreement. | |
Share-based Compensation and Long-Term Incentive Plans Expense | |
Cablevision charged the Company through the Distribution date its proportionate share of expenses or benefits related to Cablevision’s employee stock plans and Cablevision’s long-term incentive plans. Such amounts are included in selling, general and administrative expenses in the consolidated statement of income. As the obligations related to stock option and restricted share awards under the Cablevision stock plans are satisfied by Cablevision, the allocation to the Company of its proportionate share of the related expenses through June 30, 2011 is reflected as capital contributions in the consolidated statement of stockholders’ deficiency. | |
Treatment of Cablevision Long-Term Incentive Plan Awards After the Distribution | |
In 2011 and 2010, Cablevision granted three-year performance awards to certain executive officers and other members of the Company’s management under Cablevision’s 2006 Cash Incentive Plan. The Cablevision performance metrics in the awards granted in 2010 to certain executive officers and other employees of the Company were replaced with Company performance metrics. The awards granted to certain executive officers and other employees of the Company in March 2011 under the Cablevision 2006 Cash Incentive Plan were replaced in July 2011 by awards granted under the Company’s 2011 Cash Incentive Plan, and the Cablevision performance metrics related to those awards were replaced with Company performance metrics. Amounts applicable to employees of the Company are and will continue to be reflected as liabilities, based on achievement of certain performance criteria as noted above, in the Company’s consolidated balance sheets until settled. | |
DISH Network Proceeds Allocation | |
As noted above, in connection with the Distribution, the Company entered into various agreements with Cablevision, including an agreement between AMC Networks and Rainbow Programming Holdings LLC, a wholly-owned subsidiary of AMC Networks,(collectively, the “AMC Parties”) and CSC Holdings, LLC (“CSC Holdings”), a wholly-owned subsidiary of Cablevision, with respect to the lawsuit entitled VOOM HD Holdings LLC against Echostar Satellite LLC, predecessor-in-interest to DISH Network L.L.C. (“DISH Network”) (the “VOOM Litigation Agreement”). Pursuant to the VOOM Litigation Agreement, CSC Holdings had full control over the litigation with DISH Network, the decision with respect to settlement of the litigation was to be made jointly by CSC Holdings and the AMC Parties, and CSC Holdings and the AMC Parties were to share equally in the proceeds (including in the value of any non-cash consideration) of any settlement of the litigation. | |
As previously disclosed in the Company's 2012 Form 10-K, CSC Holdings and the Company settled the lawsuit (the “Settlement”) on October 21, 2012. During the fourth quarter of 2012, the AMC Parties and CSC Holdings agreed that, pending a final determination of the allocation of the proceeds, the $700,000 cash proceeds of the Settlement (the “Settlement Funds”) would be distributed equally to each of the Company and Cablevision. | |
On April 8, 2013, Cablevision and the Company entered into an agreement (the “DISH Network Proceeds Allocation Agreement”) in which a final allocation of the proceeds of the Settlement, including the Settlement Funds, was made. The principal terms of the DISH Network Proceeds Allocation Agreement were as follows: Cablevision received $525,000 of the Settlement Funds and the Company received $175,000 of the Settlement Funds representing the allocation of cash and non-cash proceeds (including the portion of the DISH Network affiliation agreement attributable to the Settlement). The DISH Network Proceeds Allocation Agreement was in full and final settlement of the allocation between Cablevision and the Company of the proceeds of the Settlement. | |
In accordance with the Company's Related Party Transaction Approval Policy, the final allocation of the proceeds from the Settlement was approved by an independent committee of the Company's Board of Directors, as well as an independent committee of Cablevision's board of directors. | |
The $350,000 of Settlement Funds previously disbursed to the Company is included in cash and cash equivalents in the consolidated balance sheet at December 31, 2012. Deferred litigation settlement proceeds at December 31, 2012 of approximately $308,000, is the result of the $350,000 of Settlement Funds, less $31,000 representing the excess of the fair value of the DISH Network affiliation agreement over the contractual affiliation fees recorded to deferred revenue on October 21, 2012 and less an $11,000 receivable related to VOOM HD's previous affiliation agreement with DISH Network. | |
On April 9, 2013, the Company paid to Cablevision $175,000 of the Settlement Funds. Additionally, in 2013, the Company recorded a litigation settlement gain of approximately $133,000, included in operating income within the International and Other segment, representing the deferred litigation settlement proceeds liability of approximately $308,000 recorded in the consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision on April 9, 2013. |
Cash_Flows
Cash Flows | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] | ' | |||||||||||
Cash Flow, Supplemental Disclosures [Text Block] | ' | |||||||||||
Cash Flows | ||||||||||||
During 2013, 2012 and 2011, the Company’s non-cash investing and financing activities and other supplemental data were as follows: | ||||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
Non-Cash Investing and Financing Activities: | ||||||||||||
Continuing Operations: | ||||||||||||
Leasehold improvements paid by landlord | $ | 100 | $ | 2,938 | $ | 150 | ||||||
Increase in capital lease obligations and related assets | 865 | 1,398 | 39 | |||||||||
Capital expenditures incurred but not yet paid | 3,202 | 5,397 | — | |||||||||
Deemed capital (distribution) contribution related to the utilization of Cablevision tax losses (see Note 11) | — | (1,794 | ) | 36,867 | ||||||||
Deemed capital (distribution) contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution (see Note 11) | — | (1,148 | ) | 44,598 | ||||||||
Capital distribution for the transfer of a promissory note receivable to Cablevision (see Promissory Note discussion below) | — | — | (17,113 | ) | ||||||||
Deemed capital distribution to Cablevision related to employee benefit plans as a result of the Distribution (see Employee Matters Agreement discussion below) | — | — | (6,313 | ) | ||||||||
Deemed capital distribution related to tax credits utilized by Cablevision | — | — | (2,586 | ) | ||||||||
Deemed capital distribution associated with the issuance of debt to Cablevision (see Note 1) | — | — | (1,250,000 | ) | ||||||||
Deemed capital contribution related to the allocation of Cablevision share-based compensation expense | — | — | 8,343 | |||||||||
Supplemental Data: | ||||||||||||
Cash interest paid—continuing operations | 112,053 | 113,493 | 78,714 | |||||||||
Income taxes paid, net—continuing operations | 135,708 | 40,522 | 11,569 | |||||||||
Promissory Note | ||||||||||||
In September 2009, RMH and one of its subsidiaries that was transferred by the Company to Cablevision on December 31, 2010 agreed to the terms of a promissory note having an initial principal amount of $0 and increasing from time to time by advances made by RMH, with an interest rate of 8.625%. Interest income recognized by RMH related to this note amounted to $120 for the year ended December 31, 2011, respectively. On January 31, 2011, RMH distributed to a subsidiary of Cablevision all of its rights, title and interest in and to the promissory note. This distribution amounting to $17,113, including principal and accrued and unpaid interest, is reflected as a capital distribution in the consolidated statement of stockholders’ deficiency for the year ended December 31, 2011. | ||||||||||||
Employee Matters Agreement | ||||||||||||
In connection with the Distribution, AMC Networks entered into an Employee Matters Agreement with Cablevision which allocated assets, liabilities and responsibilities with respect to certain employee compensation and benefit plans and programs and certain other related matters. As a result of such agreement, AMC Networks recorded a net receivable from Cablevision of $1,166, an increase in accrued employee related costs of $7,479 and a capital distribution of $6,313 which decreased additional paid in capital in the Company’s statement of stockholders’ deficiency for the transfer to the Company from Cablevision of the obligations related to the Company’s employees’ participant accounts in the Cablevision Excess Savings Plan $(3,616) and the Cablevision Excess Cash Balance Pension Plan $(3,863) and for the Company’s obligation to Cablevision for the $5,904 unfunded liability associated with Company employee participants in Cablevision’s Cash Balance Pension Plan. In addition, the Company reduced its long-term incentive plan and stock appreciation rights liabilities and increased amounts due to related parties by $6,742 for its obligation to pay Cablevision for its allocated share of the related expense for Cablevision corporate employees through June 30, 2011. These related party balances were settled in 2011. |
Accumulate_Other_Comprehensive
Accumulate Other Comprehensive Loss | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Equity [Abstract] | ' | |||
Comprehensive Income (Loss) Note [Text Block] | ' | |||
Accumulated Other Comprehensive Loss | ||||
The following table details the components of accumulated other comprehensive loss: | ||||
Balance as of December 31, 2012 | $ | (8,446 | ) | |
Gains and Losses on Cash Flow Hedges: | ||||
Other comprehensive loss before reclassifications | (1,018 | ) | ||
Amounts reclassified from accumulated other comprehensive loss to interest expense | 7,280 | |||
Net current-period other comprehensive income, before income taxes | 6,262 | |||
Income tax expense | (2,311 | ) | ||
Net current-period other comprehensive income, net of income taxes | 3,951 | |||
Balance as of December 31, 2013 | $ | (4,495 | ) |
Segment_Information
Segment Information | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||
Segment Information | ' | |||||||||||||||
Segment Information | ||||||||||||||||
The Company classifies its operations into two operating segments: National Networks and International and Other. These operating segments represent strategic business units that are managed separately. | ||||||||||||||||
The Company generally allocates all corporate overhead costs to the Company’s two operating segments based upon their proportionate estimated usage of services, including such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, tax, accounting, audit, treasury, risk management, strategic planning and information technology) as well as sales support functions and creative and production services. | ||||||||||||||||
The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating cash flow (defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, restructuring expense or credit and the litigation settlement gain recorded in connection with the settlement with DISH Network), a non-GAAP measure. The Company does not consider the one-time litigation settlement gain with DISH Network to be indicative of its ongoing operating performance. The Company has presented the components that reconcile adjusted operating cash flow to operating income, an accepted GAAP measure and other information as to the continuing operations of the Company’s operating segments below. | ||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 662,789 | $ | — | $ | — | $ | 662,789 | ||||||||
Distribution | 822,227 | 122,429 | (15,587 | ) | 929,069 | |||||||||||
Consolidated revenues, net | $ | 1,485,016 | $ | 122,429 | $ | (15,587 | ) | $ | 1,591,858 | |||||||
Adjusted operating cash flow (deficit) | $ | 555,911 | $ | (35,466 | ) | $ | 3,744 | $ | 524,189 | |||||||
Depreciation and amortization | (37,873 | ) | (16,794 | ) | — | (54,667 | ) | |||||||||
Share-based compensation expense | (16,213 | ) | (4,086 | ) | — | (20,299 | ) | |||||||||
Litigation settlement gain | — | 132,944 | — | 132,944 | ||||||||||||
Operating income | $ | 501,825 | $ | 76,598 | $ | 3,744 | $ | 582,167 | ||||||||
Capital expenditures | $ | 5,093 | $ | 19,210 | $ | — | $ | 24,303 | ||||||||
Year Ended December 31, 2012 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 522,917 | $ | 147 | $ | — | $ | 523,064 | ||||||||
Distribution | 731,269 | 114,394 | (16,150 | ) | 829,513 | |||||||||||
Consolidated revenues, net | $ | 1,254,186 | $ | 114,541 | $ | (16,150 | ) | $ | 1,352,577 | |||||||
Adjusted operating cash flow (deficit) | $ | 492,129 | $ | (30,040 | ) | $ | 3,328 | $ | 465,417 | |||||||
Depreciation and amortization | (70,436 | ) | (14,944 | ) | — | (85,380 | ) | |||||||||
Share-based compensation expense | (13,576 | ) | (3,626 | ) | — | (17,202 | ) | |||||||||
Restructuring credit | — | 3 | — | 3 | ||||||||||||
Operating income (loss) | $ | 408,117 | $ | (48,607 | ) | $ | 3,328 | $ | 362,838 | |||||||
Capital expenditures | $ | 5,541 | $ | 13,016 | $ | — | $ | 18,557 | ||||||||
Year Ended December 31, 2011 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 447,449 | $ | 177 | $ | (454 | ) | $ | 447,172 | |||||||
Distribution | 634,909 | 125,396 | (19,736 | ) | 740,569 | |||||||||||
Consolidated revenues, net | $ | 1,082,358 | $ | 125,573 | $ | (20,190 | ) | $ | 1,187,741 | |||||||
Adjusted operating cash flow (deficit) | $ | 447,555 | $ | (4,976 | ) | $ | (866 | ) | $ | 441,713 | ||||||
Depreciation and amortization | (85,701 | ) | (14,147 | ) | — | (99,848 | ) | |||||||||
Share-based compensation expense | (12,582 | ) | (3,007 | ) | — | (15,589 | ) | |||||||||
Restructuring credit | — | 240 | — | 240 | ||||||||||||
Operating income (loss) | $ | 349,272 | $ | (21,890 | ) | $ | (866 | ) | $ | 326,516 | ||||||
Capital expenditures | $ | 2,817 | $ | 12,554 | $ | — | $ | 15,371 | ||||||||
Inter-segment eliminations are primarily revenues recognized by the International and Other segment for transmission revenues recognized by AMC Networks Broadcasting & Technology. | ||||||||||||||||
Years Ended December 31, | ||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||
Inter-segment revenues | ||||||||||||||||
National Networks | $ | (184 | ) | $ | (569 | ) | $ | (454 | ) | |||||||
International and Other | (15,403 | ) | (15,581 | ) | (19,736 | ) | ||||||||||
$ | (15,587 | ) | $ | (16,150 | ) | $ | (20,190 | ) | ||||||||
One customer accounted for 10% and 11% of the consolidated revenues, net for the years ended December 31, 2013 and 2012. Two customers accounted for 10% and 12% of consolidated revenues, net for the year ended December 31, 2011. | ||||||||||||||||
Failure to renew affiliation agreements with the Company’s largest customers, or renewal on less favorable terms, or the termination of those agreements could have a material adverse effect on the Company’s business. A reduced distribution of the Company’s programming networks would adversely affect the Company’s affiliation fee revenues, and impact the Company’s ability to sell advertising or the rates the Company charges for such advertising. | ||||||||||||||||
Substantially all revenues and assets of the Company are attributed to or located in the U.S. |
Other_Matters
Other Matters | 12 Months Ended |
Dec. 31, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
Other Matters | |
Acquisition of Chellomedia | |
On January 31, 2014, certain subsidiaries of AMC Networks purchased substantially all of Chellomedia, the international content division of Liberty Global plc, for a purchase price of €750 million (approximately $1.0 billion), subject to adjustments for working capital, cash, and indebtedness acquired and for the purchase of minority equity interests. AMC Networks funded the purchase price with cash on hand and additional indebtedness of $600,000 under our Term Loan A Facility (See Note 7). | |
The acquisition provides AMC Networks with television channels that are distributed to more than 390 million subscribers in over 130 countries and span a wide range of programming genres, most notably movie and entertainment networks. The acquisition of Chellomedia's operating businesses include: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, the ad sales unit Atmedia, and the broadcast solutions unit, Chello DMC. The acquisition provides the Company with the opportunity to accelerate and enhance our international expansion strategy and the potential to provide international long-term growth and value. |
Interim_Financial_Information_
Interim Financial Information (Unaudited) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | |||||||||||||||||||
Quarterly Financial Information [Text Block] | ' | |||||||||||||||||||
Interim Financial Information (Unaudited) | ||||||||||||||||||||
The following is a summary of the Company’s selected quarterly financial data for the years ended December 31, 2013 and 2012: | ||||||||||||||||||||
For the three months ended, | ||||||||||||||||||||
2013:00:00 | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 | 2013 | |||||||||||||||
Revenues, net | $ | 381,961 | $ | 379,322 | $ | 395,328 | $ | 435,247 | $ | 1,591,858 | ||||||||||
Operating expenses | (254,477 | ) | (131,998 | ) | (272,941 | ) | (350,275 | ) | (1,009,691 | ) | ||||||||||
Operating income | $ | 127,484 | $ | 247,324 | $ | 122,387 | $ | 84,972 | $ | 582,167 | ||||||||||
Income from continuing operations | $ | 61,517 | $ | 135,731 | $ | 57,950 | $ | 34,962 | $ | 290,160 | ||||||||||
Net income including noncontrolling interests | $ | 61,517 | $ | 135,731 | $ | 57,950 | $ | 34,962 | $ | 290,160 | ||||||||||
Net income attributable to AMC Networks’ stockholders | $ | 61,517 | $ | 135,731 | $ | 58,111 | $ | 35,379 | $ | 290,738 | ||||||||||
Basic net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | 0.86 | 1.9 | 0.81 | 0.49 | 4.06 | |||||||||||||||
Net income | 0.86 | 1.9 | 0.81 | 0.49 | 4.06 | |||||||||||||||
Diluted net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | 0.85 | 1.87 | 0.8 | 0.49 | 4 | |||||||||||||||
Net income | 0.85 | 1.87 | 0.8 | 0.49 | 4 | |||||||||||||||
For the three months ended, | ||||||||||||||||||||
2012:00:00 | 31-Mar-12 | 30-Jun-12 | 30-Sep-12 | 31-Dec-12 | 2012 | |||||||||||||||
Revenues, net | $ | 326,239 | $ | 327,570 | $ | 332,056 | $ | 366,712 | $ | 1,352,577 | ||||||||||
Operating expenses | (229,200 | ) | (229,294 | ) | (245,197 | ) | (286,048 | ) | (989,739 | ) | ||||||||||
Operating income | $ | 97,039 | $ | 98,276 | $ | 86,859 | $ | 80,664 | $ | 362,838 | ||||||||||
Income from continuing operations | $ | 43,077 | $ | 41,405 | $ | 36,543 | $ | 15,191 | $ | 136,216 | ||||||||||
Income from discontinued operations, net of income taxes | 104 | 105 | 105 | — | 314 | |||||||||||||||
Net income attributable to AMC Networks’ stockholders | $ | 43,181 | $ | 41,510 | $ | 36,648 | $ | 15,191 | $ | 136,530 | ||||||||||
Basic net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | $ | 0.62 | $ | 0.59 | $ | 0.52 | $ | 0.22 | $ | 1.94 | ||||||||||
Income from discontinued operations | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||
Net income | $ | 0.62 | $ | 0.59 | $ | 0.52 | $ | 0.22 | $ | 1.94 | ||||||||||
Diluted net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | $ | 0.6 | $ | 0.57 | $ | 0.51 | $ | 0.21 | $ | 1.89 | ||||||||||
Income from discontinued operations | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||
Net income | $ | 0.6 | $ | 0.58 | $ | 0.51 | $ | 0.21 | $ | 1.89 | ||||||||||
As set forth in the table above, there have been changes in the level of the Company’s revenues, net from quarter to quarter and/or changes from year to year due primarily to increased distribution revenue and advertising revenue. In addition, the Company’s operating expenses have also changed from quarter to quarter and/or year over year due primarily to the timing of the exhibition, promotion and marketing of program rights and/or program rights write-downs based on management’s assessment of programming usefulness. In addition to the changes in operating income, non-operating income and expense items such as interest expense, net, write-off of deferred financing costs, loss on extinguishment of debt and income tax expense also impact quarter over quarter and year over year net income. |
Schedule_II_Valuation_and_Qual
Schedule II Valuation and Qualifying Accounts | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | ' | |||||||||||||||
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | ' | |||||||||||||||
Balance at | Provision | Deductions/ | Balance at | |||||||||||||
Beginning | for (Recovery of) Bad | Write-Offs and | End of Period | |||||||||||||
of Period | Debt | Other Charges | ||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||
Allowance for doubtful accounts | $ | 1,378 | $ | 1,440 | $ | (1,887 | ) | * | $ | 931 | ||||||
Year Ended December 31, 2012 | ||||||||||||||||
Allowance for doubtful accounts | $ | 3,092 | $ | (1,265 | ) | $ | (449 | ) | * | $ | 1,378 | |||||
Year Ended December 31, 2011 | ||||||||||||||||
Allowance for doubtful accounts | $ | 8,321 | $ | 338 | $ | (5,567 | ) | * | $ | 3,092 | ||||||
* | Amounts represent primarily the write-off of certain uncollectible trade receivables that had previously been fully reserved. |
Recovered_Sheet1
Description of Business and Basis of Presentation Description of Business and Basis of Presentation (Policies) | 12 Months Ended |
Dec. 31, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Consolidation, Policy [Policy Text Block] | ' |
Principles of Consolidation | |
The consolidated financial statements include the accounts of AMC Networks and its majority-owned subsidiaries in which a controlling interest is maintained. All intercompany transactions and balances have been eliminated in consolidation. | |
The Company’s consolidated financial statements for periods prior to the Distribution have been derived from the consolidated financial statements and accounting records of Cablevision and reflect certain assumptions and allocations. The results of operations and cash flows of the Company for those periods could differ from those that might have resulted had the Company been operated autonomously or as an entity independent of Cablevision. The Company’s consolidated financial statements after the Distribution reflect certain revenues and expenses related to transactions with or charges from Cablevision and The Madison Square Garden Company and its subsidiaries (“MSG”) as described in Note 15. | |
Use of Estimates, Policy [Policy Text Block] | ' |
Use of Estimates | |
These consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, valuation and recoverability of goodwill and long-lived intangible assets and income taxes. | |
Reclassifications [Policy Text Block] | ' |
Reclassifications | |
Certain reclassifications were made to the prior period amounts to conform to the current period presentation. | |
Discontinued Operations, Policy [Policy Text Block] | ' |
Discontinued Operations | |
The net operating results following the sale of our ownership interests in the Lifeskool and Sportskool video-on-demand services in September and October 2008, respectively, which were recorded under the installment sales method, have been classified as discontinued operations for the years ended December 31, 2012 and 2011. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Revenue Recognition [Policy Text Block] | ' | ||||||||
Revenue Recognition | |||||||||
Revenue is recognized when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. Revenue recognition for each source of the Company’s revenue is based on the following policies: | |||||||||
Distribution | |||||||||
The Company recognizes revenue from distributors that carry the Company’s programming services under multi-year contracts, commonly referred to as “affiliation agreements.” The programming services are delivered throughout the terms of the agreements and the Company recognizes revenue as programming is provided. Revenue from the licensing of original programming for digital and foreign distribution is recognized upon availability or distribution by the licensee. Revenue from video-on-demand and similar pay-per-view arrangements is recognized as programming is exhibited based on end-customer purchases as reported by the distributor. Revenue derived from other sources is recognized when delivery occurs or the services are rendered. | |||||||||
Advertising | |||||||||
Advertising revenues are recognized when commercials are aired. In most advertising sales arrangements, the Company’s programming businesses guarantee specified viewer ratings for their programming. For these types of transactions, a portion of such revenue is deferred if the guaranteed viewer ratings are not met and is subsequently recognized either when the Company provides the required additional advertising time, the guarantee obligation contractually expires or performance requirements become remote. | |||||||||
Multiple-Element Transactions [Policy Text Block] | ' | ||||||||
Multiple-Element Transactions | |||||||||
For multiple-deliverable revenue arrangements, the Company uses the relative selling price method to allocate the arrangement consideration. Under the relative selling price method, the Company determines its best estimate of selling price in a manner consistent with that used to determine the price to sell the deliverable on a stand-alone basis. For multiple-element deliverable arrangements that include elements other than revenue, if there is objective and reliable evidence of fair value for all elements of accounting, the arrangement consideration is allocated to the separate elements of accounting based on relative fair values. There may be cases in which there is objective and reliable evidence of fair value of undelivered items in an arrangement but no such evidence for the delivered items. In those cases, the total fair value of the undelivered elements, as indicated by vendor-specific objective evidence, is deferred and the remainder of the arrangement consideration is allocated to the delivered elements. | |||||||||
Techincal and Operating Expenses [Policy Text Block] | ' | ||||||||
Technical and Operating Expenses | |||||||||
Costs of revenues, including but not limited to programming expense, primarily consisting of amortization and impairments or write-offs of programming rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program operating costs, such as origination, transmission, uplinking and encryption, are classified as technical and operating expenses in the consolidated statements of income. | |||||||||
Advertising and Distribution Expenses [Policy Text Block] | ' | ||||||||
Advertising and Distribution Expenses | |||||||||
Advertising costs are charged to expense when incurred and are recorded to selling, general and administrative expenses in the consolidated statements of income. Advertising costs were $150,734, $154,371 and $105,068 for the years ended December 31, 2013, 2012, and 2011, respectively. Marketing, distribution and general and administrative costs related to the exploitation of owned original programming are expensed as incurred and are recorded to selling, general and administrative expenses in the consolidated statements of income. | |||||||||
Share-based Compensation [Policy Text Block] | ' | ||||||||
Share-Based Compensation | |||||||||
The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the portion of awards that are ultimately expected to vest. The cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award using a straight-line amortization method, except for restricted stock units granted to non-employee directors which vest 100%, and are expensed, at the date of grant. | |||||||||
For periods prior to the Distribution date, Cablevision charged the Company its proportionate share of expenses or benefits related to Cablevision’s employee stock plans and Cablevision’s long-term incentive plans (see Note 15). Share-based compensation expense is included in selling, general and administrative expenses in the consolidated statements of income. | |||||||||
Foreign Currency Transactions and Translations Policy [Policy Text Block] | ' | ||||||||
Foreign Currency Transactions | |||||||||
The Company distributes programming in certain territories outside of the U.S. for which it has a limited number of trade receivables denominated in a foreign currency. In addition, in 2013, in connection with the acquisition of Chellomedia, the Company purchased euros to mitigate the foreign currency exchange rate risk in fluctuations in the euro denominated purchase price. Changes in exchange rates with respect to amounts recorded in the Company's consolidated balance sheets related to these non U.S. dollar denominated transactions result in transaction gains and losses that are reflected in the Company's consolidated statements of income as unrealized (based on the applicable period end exchange rates) or realized upon settlement of the transactions. The Company recognized $7,322, $(231) and $(130) of foreign currency transaction gains (losses) for the years ended December 31, 2013, 2012 and 2011, respectively, related to those receivables denominated in a foreign currency and the translation of euro denominated cash and cash equivalents at December 31, 2013 (see Note 19 for further discussion regarding the acquisition of Chellomedia). Such amounts are included in miscellaneous, net in the consolidated statements of income. | |||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | ' | ||||||||
Cash and Cash Equivalents | |||||||||
The Company’s cash investments are placed with money market funds and financial institutions that are investment grade as rated by Standard & Poor’s and Moody’s Investors Service. The Company selects money market funds that predominantly invest in marketable, direct obligations issued or guaranteed by the U.S. government or its agencies, commercial paper, fully collateralized repurchase agreements, certificates of deposit, and time deposits. | |||||||||
The Company considers the balance of its investment in funds that substantially hold securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or are at fair value. | |||||||||
Trade and Other Accounts Receivable, Policy [Policy Text Block] | ' | ||||||||
Accounts Receivable, Trade | |||||||||
The Company periodically assesses the adequacy of valuation allowances for uncollectible accounts receivable by evaluating the collectability of outstanding receivables and general factors such as length of time individual receivables are past due, historical collection experience, and the economic and competitive environment. As of December 31, 2013 and 2012, the Company had $48,380 and $41,983, respectively, of accounts receivable due in excess of one-year, which are included in other assets in the consolidated balance sheets. | |||||||||
Program Rights [Policy Text Block] | ' | ||||||||
Program Rights | |||||||||
Rights to programming, including feature films and episodic series, acquired under license agreements are stated at the lower of amortized cost or net realizable value. Such licensed rights along with the related obligations are recorded at the contract value when a license agreement is executed, unless there is uncertainty with respect to either cost, acceptability or availability. If such uncertainty exists, those rights and obligations are recorded at the earlier of when the uncertainty is resolved or the license period begins. Costs are amortized to technical and operating expense on a straight-line basis over a period not to exceed the respective license periods. | |||||||||
The Company’s owned original programming is primarily produced by production companies, with the remainder produced by the Company. Owned original programming costs, including estimated participation and residual costs, qualifying for capitalization as program rights are amortized to technical and operating expense over their estimated useful lives, commencing upon the first airing, based on attributable revenue for airings to date as a percentage of total projected attributable revenue, or ultimate revenue (film-forecast-computation method). Projected attributable revenue is based on previously generated revenues for similar content in established markets, primarily consisting of distribution and advertising revenues, and projected program usage. Projected program usage is based on the Company’s current expectation of future exhibitions taking into account historical usage of similar content. Projected attributable revenue can change based upon programming market acceptance, levels of distribution and advertising revenue and decisions regarding planned program usage. These calculations require management to make assumptions and to apply judgment regarding revenue and planned usage. Accordingly, the Company periodically reviews revenue estimates and planned usage and revises its assumptions if necessary, which could impact the timing of amortization expense or result in a write-down to net realizable value. | |||||||||
The Company periodically reviews the programming usefulness of its licensed and owned original program rights based on a series of factors, including expected future revenue generation from airings on the Company's networks and other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If it is determined that film or other program rights have no future programming usefulness, a write-off of the unamortized cost is recorded in technical and operating expense. See Note 3 for further discussion regarding program rights write-offs. | |||||||||
Long-Lived and Indefinite-Lived Assets [Policy Text Block] | ' | ||||||||
Long-Lived Assets and Amortizable Intangible Assets | |||||||||
Property and equipment are carried at cost. Equipment under capital leases is recorded at the present value of the total minimum lease payments. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to equipment under capital leases and leasehold improvements, amortized over the shorter of the lease term or the assets’ useful lives and reported in depreciation and amortization in the consolidated statements of income. | |||||||||
Amortizable intangible assets established in connection with business combinations primarily consist of affiliate relationships. Amortizable intangible assets are amortized on a straight-line basis over their respective estimated useful lives. | |||||||||
The Company reviews its long-lived assets (property and equipment, and intangible assets subject to amortization that arose from acquisitions) for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. If the sum of the expected cash flows, undiscounted and without interest, is less than the carrying amount of the asset, an impairment loss is recognized as the amount by which the carrying amount of the asset exceeds its fair value. | |||||||||
Goodwill and Indefinite-Lived Intangible Assets | |||||||||
Goodwill | |||||||||
Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized, but instead are tested annually for impairment during the first quarter (“annual impairment test date”) and upon the occurrence of certain events or substantive changes in circumstances. | |||||||||
The annual goodwill impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. An entity may choose to perform the qualitative assessment on none, some or all of its reporting units or an entity may bypass the qualitative assessment for any reporting unit and proceed directly to step one of the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of a reporting unit is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test is a two-step process. The first step compares the carrying amount of a reporting unit, including goodwill, with its fair value utilizing an enterprise-value based approach. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of the goodwill impairment loss, if any. The second step compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill that would be recognized in a business combination. | |||||||||
Indefinite-Lived Intangible Assets | |||||||||
Indefinite-lived intangible assets established in connection with business combinations primarily consist of trademarks. The impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. | |||||||||
Deferred Charges, Policy [Policy Text Block] | ' | ||||||||
Deferred Carriage Fees | |||||||||
Deferred carriage fees represent amounts principally paid to multichannel video distributors to obtain additional subscribers and/or guarantee carriage of certain programming services and are amortized as a reduction of revenue over the period of the related affiliation arrangement (up to 13 years). | |||||||||
Derivatives, Policy [Policy Text Block] | ' | ||||||||
Derivative Financial Instruments | |||||||||
The Company’s derivative financial instruments are recorded as either assets or liabilities in the consolidated balance sheet based on their fair values. The Company’s embedded derivative financial instruments are clearly and closely related to the host contracts; therefore, such derivative financial instruments are not accounted for on a stand-alone basis. Changes in the fair values are reported in earnings or other comprehensive income depending on the use of the derivative and whether it qualifies for hedge accounting. Derivative instruments are designated and accounted for as either a hedge of a recognized asset or liability (fair value hedge) or a hedge of a forecasted transaction (cash flow hedge). For derivatives not designated as hedges, changes in fair values are recognized in earnings and included in interest expense, for interest rate swap contracts and miscellaneous, net, for foreign currency contracts. For derivatives designated as effective cash flow hedges, changes in fair values are recognized in other comprehensive income (loss). Changes in fair values related to fair value hedges as well as the ineffective portion of cash flow hedges are recognized in earnings. Changes in the fair value of the underlying hedged item of a fair value hedge are also recognized in earnings. See Note 9 for a further discussion of the Company’s derivative financial instruments. | |||||||||
Income Tax, Policy [Policy Text Block] | ' | ||||||||
Income Taxes | |||||||||
The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and estimates with regard to the liability for unrecognized tax benefits resulting from uncertain tax positions. Deferred tax assets are evaluated quarterly for expected future realization and reduced by a valuation allowance to the extent management believes it is more likely than not that a portion will not be realized. The Company provides deferred taxes for the outside basis difference for its investment in partnerships. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense. | |||||||||
Commitments and Contingencies, Policy [Policy Text Block] | ' | ||||||||
Commitments and Contingencies | |||||||||
Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the contingency can be reasonably estimated. | |||||||||
Concentration of Risk [Policy Text Block] | ' | ||||||||
Concentration of Credit Risk | |||||||||
Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. Cash is invested in money market funds and bank time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company’s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. As of December 31, 2013, one customer accounted for 15% of consolidated accounts receivable, trade and receivables due in excess of one-year (included in other assets). | |||||||||
Earnings Per Share, Policy [Policy Text Block] | ' | ||||||||
Net Income per Share | |||||||||
The consolidated statements of income present basic and diluted net income per share (“EPS”). Basic EPS is based upon net income divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks stock options (including those held by directors and employees of related parties of the Company) and AMC Networks restricted shares/units (including those held by employees of related parties of the Company). | |||||||||
The following is a reconciliation between basic and diluted weighted average shares outstanding: | |||||||||
Years Ended December 31, | |||||||||
2013 | 2012 | 2011 | |||||||
Basic weighted average shares outstanding | 71,543,000 | 70,374,000 | 69,283,000 | ||||||
Effect of dilution: | |||||||||
Stock options | 286,000 | 783,000 | 510,000 | ||||||
Restricted shares/units | 874,000 | 1,079,000 | 938,000 | ||||||
Diluted weighted average shares outstanding | 72,703,000 | 72,236,000 | 70,731,000 | ||||||
For the year ended December 31, 2012, approximately 527 restricted shares/units have been excluded from diluted weighted average common shares outstanding since they would have been anti-dilutive. | |||||||||
Stockholders' Equity, Policy [Policy Text Block] | ' | ||||||||
Common Stock of AMC Networks | |||||||||
Each holder of AMC Networks Class A Common Stock has one vote per share while holders of AMC Networks Class B Common Stock have ten votes per share. AMC Networks Class B shares can be converted to AMC Networks Class A Common Stock at anytime with a conversion ratio of one AMC Networks Class A common share for one AMC Networks Class B common share. The AMC Networks Class A stockholders are entitled to elect 25% of the Company’s Board of Directors. AMC Networks Class B stockholders have the right to elect the remaining members of the Company’s Board of Directors. In addition, AMC Networks Class B stockholders are parties to an agreement which has the effect of causing the voting power of these AMC Networks Class B stockholders to be cast as a block. | |||||||||
Recently Adopted Accounting Pronouncements [Policy Text Block] | ' | ||||||||
Recently Adopted Accounting Pronouncements | |||||||||
In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-10, Derivatives and Hedging (Topic 815): Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes. ASU 2013-10 permits the Fed Funds Effective Swap Rate to be used as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to Treasury obligations of the U.S. government and London Interbank Offered Rate. ASU 2013-10 also removes the restriction on using different benchmark rates for similar hedges. The Company adopted ASU 2013-10 prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this authoritative guidance did not have any impact on the Company's consolidated financial statements. | |||||||||
In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (ASU 2013-02). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. The Company adopted ASU 2013-02 effective January 1, 2013 (see Note 17). | |||||||||
In July 2012, the FASB issued ASU No. 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02), to allow entities to use a qualitative approach to test indefinite-lived intangible assets for impairment. ASU 2012-02 permits an entity to first perform a qualitative assessment to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If it is concluded that this is the case, an entity is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with Subtopic 350-30. Otherwise, the quantitative impairment test is not required. The Company adopted ASU 2012-02 effective January 1, 2013. For the annual impairment test as of the end of February 2013, the Company decided to bypass the qualitative approach allowable under this guidance and performed a quantitative assessment of its identifiable indefinite-lived intangible assets (see Note 5). |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Schedule of Weighted Average Number of Shares [Table Text Block] | ' | ||||||||
Years Ended December 31, | |||||||||
2013 | 2012 | 2011 | |||||||
Basic weighted average shares outstanding | 71,543,000 | 70,374,000 | 69,283,000 | ||||||
Effect of dilution: | |||||||||
Stock options | 286,000 | 783,000 | 510,000 | ||||||
Restricted shares/units | 874,000 | 1,079,000 | 938,000 | ||||||
Diluted weighted average shares outstanding | 72,703,000 | 72,236,000 | 70,731,000 | ||||||
Schedule of Stock by Class [Table Text Block] | ' | ||||||||
Shares Outstanding | |||||||||
Class A | Class B | ||||||||
Common Stock | Common Stock | ||||||||
Balance at June 30, 2011 (date of Distribution) | 57,813,267 | 13,534,408 | |||||||
Employee and non-employee director stock transactions* | 621,437 | — | |||||||
Balance at December 31, 2011 | 58,434,704 | 13,534,408 | |||||||
Conversion of Class B common stock to Class A common stock | 1,750,000 | (1,750,000 | ) | ||||||
Employee and non-employee director stock transactions* | 406,326 | — | |||||||
Balance at December 31, 2012 | 60,591,030 | 11,784,408 | |||||||
Conversion of Class B common stock to Class A common stock | 300,000 | (300,000 | ) | ||||||
Employee and non-employee director stock transactions* | (96,916 | ) | — | ||||||
Balance at December 31, 2013 | 60,794,114 | 11,484,408 | |||||||
*Primarily includes issuances of common stock in connection with employee stock option exercises and restricted shares granted to employees, partially offset by shares acquired by the Company in connection with the fulfillment of employees’ statutory tax withholding obligations for applicable income and other employment taxes and forfeited employee restricted shares. |
Program_Rights_Tables
Program Rights (Tables) | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Program Rights Obligations [Abstract] | ' | |||
Schedule Of Amounts Payable For Program Rights Obligations [Table Text Block] | ' | |||
Years Ending December 31, | ||||
2014 | $ | 210,190 | ||
2015 | 169,047 | |||
2016 | 131,699 | |||
2017 | 61,453 | |||
2018 | 43,795 | |||
Thereafter | 43,593 | |||
$ | 659,777 | |||
Property_and_Equipment_Tables
Property and Equipment (Tables) | 12 Months Ended | |||||||||
Dec. 31, 2013 | ||||||||||
Property, Plant and Equipment [Abstract] | ' | |||||||||
Property, Plant and Equipment [Table Text Block] | ' | |||||||||
December 31, | Estimated | |||||||||
2013 | 2012 | Useful Lives | ||||||||
Program, service and test equipment | $ | 114,641 | $ | 103,169 | 2 to 5 years | |||||
Satellite equipment | 17,443 | 16,580 | 13 years | |||||||
Furniture and fixtures | 15,803 | 15,386 | 5 to 8 years | |||||||
Transmission equipment | 41,391 | 37,518 | 5 years | |||||||
Leasehold improvements | 46,655 | 45,321 | Term of lease | |||||||
235,933 | 217,974 | |||||||||
Accumulated depreciation and amortization | (164,865 | ) | (147,084 | ) | ||||||
$ | 71,068 | $ | 70,890 | |||||||
Schedule of Capital Leased Asssets [Table Text Block] | ' | |||||||||
December 31, | ||||||||||
2013 | 2012 | |||||||||
Satellite equipment | $ | 17,443 | $ | 16,580 | ||||||
Less accumulated amortization | (8,836 | ) | (7,474 | ) | ||||||
$ | 8,607 | $ | 9,106 | |||||||
Goodwill_and_Other_Intangible_1
Goodwill and Other Intangible Assets (Tables) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | |||||||||||||
Schedule of goodwill | ' | |||||||||||||
National Networks | International and Other | Total | ||||||||||||
31-Dec-12 | $ | 78,109 | $ | 1,196 | $ | 79,305 | ||||||||
Amortization of "second component" goodwill | (2,557 | ) | — | (2,557 | ) | |||||||||
31-Dec-13 | $ | 75,552 | $ | 1,196 | $ | 76,748 | ||||||||
Summary of intangible assets | ' | |||||||||||||
31-Dec-13 | Estimated | |||||||||||||
Gross | Accumulated | Net | Useful Lives | |||||||||||
Amortization | ||||||||||||||
Amortizable intangible assets: | ||||||||||||||
Affiliate relationships | $ | 243,600 | $ | (53,971 | ) | $ | 189,629 | 25 years | ||||||
Other amortizable intangible assets | 644 | (621 | ) | 23 | 4 to 10 years | |||||||||
Total amortizable intangible assets | 244,244 | (54,592 | ) | 189,652 | ||||||||||
Indefinite-lived intangible assets: | ||||||||||||||
Trademarks | 19,900 | — | 19,900 | |||||||||||
Total intangible assets | $ | 264,144 | $ | (54,592 | ) | $ | 209,552 | |||||||
December 31, 2012 | ||||||||||||||
Gross | Accumulated | Net | ||||||||||||
Amortization | ||||||||||||||
Amortizable intangible assets: | ||||||||||||||
Affiliation agreements and affiliate relationships | $ | 840,757 | $ | (623,621 | ) | $ | 217,136 | |||||||
Advertiser relationships | 74,248 | (70,226 | ) | 4,022 | ||||||||||
Other amortizable intangible assets | 644 | (519 | ) | 125 | ||||||||||
Total amortizable intangible assets | 915,649 | (694,366 | ) | 221,283 | ||||||||||
Indefinite-lived intangible assets: | ||||||||||||||
Trademarks | 19,900 | — | 19,900 | |||||||||||
Total intangible assets | $ | 935,549 | $ | (694,366 | ) | $ | 241,183 | |||||||
Schedule of estimated amortization expense | ' | |||||||||||||
Years Ending December 31, | ||||||||||||||
2014 | $ | 9,759 | ||||||||||||
2015 | 9,746 | |||||||||||||
2016 | 9,746 | |||||||||||||
2017 | 9,746 | |||||||||||||
2018 | 9,746 | |||||||||||||
Accrued_Liabilities_Tables
Accrued Liabilities (Tables) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Accrued Liabilities [Abstract] | ' | |||||||
Schedule of Accrued Liabilities [Table Text Block] | ' | |||||||
December 31, 2013 | December 31, 2012 | |||||||
Interest | $ | 27,770 | $ | 28,250 | ||||
Employee related costs | 88,512 | 75,620 | ||||||
Income taxes payable | — | 116,740 | ||||||
Other accrued expenses | 15,008 | 11,852 | ||||||
Total accrued liabilities | $ | 131,290 | $ | 232,462 | ||||
Debt_Tables
Debt (Tables) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Debt Disclosure [Abstract] | ' | |||||||
Schedule of Long-term Debt Instruments [Table Text Block] | ' | |||||||
31-Dec-13 | 31-Dec-12 | |||||||
Senior Secured Credit Facility: | ||||||||
Term loan A facility | $ | 880,000 | $ | 880,000 | ||||
Senior Notes: | ||||||||
7.75% Notes due July 2021 | 700,000 | 700,000 | ||||||
4.75% Notes due December 2022 | 600,000 | 600,000 | ||||||
Total long-term debt | 2,180,000 | 2,180,000 | ||||||
Unamortized discount | (22,817 | ) | (26,685 | ) | ||||
Long-term debt, net | $ | 2,157,183 | $ | 2,153,315 | ||||
Schedule of Maturities of Long-term Debt [Table Text Block] | ' | |||||||
Years Ending December 31, | ||||||||
2014 | $ | — | ||||||
2015 | 44,000 | |||||||
2016 | 88,000 | |||||||
2017 | 132,000 | |||||||
2018 | 176,000 | |||||||
Thereafter | 1,740,000 | |||||||
Fair_Value_Measurement_Tables
Fair Value Measurement (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis | ' | ||||||||||||||||
Level I | Level II | Level III | Total | ||||||||||||||
At December 31, 2013: | |||||||||||||||||
Assets: | |||||||||||||||||
Cash equivalents(a) | $ | 63,029 | $ | — | $ | — | $ | 63,029 | |||||||||
Foreign currency option contracts | $ | — | $ | 2,577 | $ | — | $ | 2,577 | |||||||||
Liabilities: | |||||||||||||||||
Interest rate swap contracts | $ | — | $ | 12,713 | $ | — | $ | 12,713 | |||||||||
At December 31, 2012: | |||||||||||||||||
Assets: | |||||||||||||||||
Cash equivalents(a) | $ | 487,900 | $ | — | $ | — | $ | 487,900 | |||||||||
Liabilities: | |||||||||||||||||
Interest rate swap contracts | $ | — | $ | 22,137 | $ | — | $ | 22,137 | |||||||||
(a) | Represents the Company’s investment in funds that invest primarily in money market securities. | ||||||||||||||||
Carrying Values And Fair Values Of The Company's Financial Instruments | ' | ||||||||||||||||
31-Dec-13 | |||||||||||||||||
Carrying | Estimated | ||||||||||||||||
Amount | Fair Value | ||||||||||||||||
Debt instruments: | |||||||||||||||||
Term loan A facility | $ | 878,315 | $ | 876,700 | |||||||||||||
7.75% Notes due July 2021 | 688,497 | 787,500 | |||||||||||||||
4.75% Notes due December 2022 | 590,371 | 571,500 | |||||||||||||||
$ | 2,157,183 | $ | 2,235,700 | ||||||||||||||
December 31, 2012 | |||||||||||||||||
Carrying | Estimated | ||||||||||||||||
Amount | Fair Value | ||||||||||||||||
Debt instruments: | |||||||||||||||||
Term loan A facility | $ | 876,358 | $ | 876,154 | |||||||||||||
7.75% Notes due July 2021 | 687,423 | 801,500 | |||||||||||||||
4.75% Notes due December 2022 | 589,534 | 603,000 | |||||||||||||||
$ | 2,153,315 | $ | 2,280,654 | ||||||||||||||
Derivative_Financial_Instrumen1
Derivative Financial Instruments (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||||||
Fair Value Of Derivative Instruments Included In Balance Sheets | ' | |||||||||||||||||||
Asset Derivatives | Liability Derivatives | |||||||||||||||||||
Balance Sheet | Fair Value | Balance Sheet | Fair Value | |||||||||||||||||
Location | Location | |||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Derivatives designated as hedging instruments: | ||||||||||||||||||||
Interest rate swap contracts | $ | — | $ | — | Other liabilities | $ | 7,136 | $ | 13,398 | |||||||||||
Derivatives not designated as hedging instruments: | ||||||||||||||||||||
Interest rate swap contracts | — | — | Other liabilities | 5,577 | 8,739 | |||||||||||||||
Foreign currency option contracts | Prepaid expenses and other current assets | 2,577 | — | — | — | |||||||||||||||
Total derivatives | $ | 2,577 | $ | — | $ | 12,713 | $ | 22,137 | ||||||||||||
Schedule Of Gains And Losses Related To Derivative Instruments | ' | |||||||||||||||||||
Amount of Gain or (Loss) | Location of Gain or (Loss)Reclassified from | Amount of Gain or (Loss) | ||||||||||||||||||
Recognized in Other | Accumulated OCI | Reclassified from | ||||||||||||||||||
Comprehensive Income(“OCI”) on Derivatives | into Earnings (Effective Portion) | Accumulated OCI | ||||||||||||||||||
(Effective Portion) | into Earnings | |||||||||||||||||||
(Effective Portion)(a) | ||||||||||||||||||||
Years Ended December 31, | Years Ended December 31, | |||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Derivatives in cash flow hedging relationships: | ||||||||||||||||||||
Interest rate swap contracts | $ | (1,018 | ) | $ | (12,663 | ) | Interest expense | $ | (7,280 | ) | $ | (18,356 | ) | |||||||
(a) | There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the years ended December 31, 2013 and 2012. | |||||||||||||||||||
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | ' | |||||||||||||||||||
Location of Gain (Loss) Recognized in Earnings on Derivatives | Amount of Gain (Loss) Recognized in Earnings on Derivatives | |||||||||||||||||||
Years Ended December 31, | ||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||
Derivatives not designated as hedging relationships: | ||||||||||||||||||||
Interest rate swap contracts | Interest expense | $ | 569 | $ | (14 | ) | ||||||||||||||
Foreign currency option contracts | Miscellaneous, net | 1,151 | — | |||||||||||||||||
Total | $ | 1,720 | $ | (14 | ) | |||||||||||||||
Leases_Tables
Leases (Tables) | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Leases [Abstract] | ' | |||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | |||
2014 | $ | 17,739 | ||
2015 | 17,895 | |||
2016 | 17,866 | |||
2017 | 11,007 | |||
2018 | 5,059 | |||
Thereafter | 7,184 | |||
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block] | ' | |||
2014 | $ | 3,036 | ||
2015 | 3,036 | |||
2016 | 3,036 | |||
2017 | 3,036 | |||
2018 | 3,036 | |||
Thereafter | 3,896 | |||
Total minimum lease payments | 19,076 | |||
Less amount representing interest (at 9.3%-10.4%) | (4,971 | ) | ||
Present value of net minimum future capital lease payments | 14,105 | |||
Less principal portion of current installments | (1,718 | ) | ||
Long-term portion of obligations under capital leases | $ | 12,387 | ||
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Income Tax Disclosure [Abstract] | ' | |||||||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | ' | |||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
Current (benefit) expense: | ||||||||||||
Federal | $ | (10,137 | ) | $ | 148,495 | $ | 2,333 | |||||
State and foreign | 7,507 | 18,836 | 6,489 | |||||||||
(2,630 | ) | 167,331 | 8,822 | |||||||||
Deferred (benefit) expense: | ||||||||||||
Federal | 154,299 | (77,360 | ) | 62,131 | ||||||||
State | 17,205 | (11,154 | ) | 7,029 | ||||||||
171,504 | (88,514 | ) | 69,160 | |||||||||
Tax expense relating to uncertain tax positions, including accrued interest | 9,967 | 7,241 | 6,266 | |||||||||
Income tax expense | $ | 178,841 | $ | 86,058 | $ | 84,248 | ||||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | |||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
U.S. federal statutory income tax rate | 35 | % | 35 | % | 35 | % | ||||||
State and local income taxes, net of federal benefit | 2 | 2 | 4 | |||||||||
Changes in the valuation allowance | 1 | (1 | ) | (1 | ) | |||||||
Domestic production activity deduction | (1 | ) | — | — | ||||||||
Tax expense relating to uncertain tax positions, including accrued interest, net of deferred tax benefits | 2 | 2 | 2 | |||||||||
Other | (1 | ) | 1 | — | ||||||||
Effective income tax rate | 38 | % | 39 | % | 40 | % | ||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | |||||||||||
December 31, | ||||||||||||
2013 | 2012 | |||||||||||
Deferred Tax Asset (Liability) | ||||||||||||
Current | ||||||||||||
NOLs and tax credit carry forwards | $ | 5,130 | $ | 687 | ||||||||
Compensation and benefit plans | 13,299 | 10,230 | ||||||||||
Allowance for doubtful accounts | 316 | 392 | ||||||||||
Deferred litigation settlement proceeds | — | 114,210 | ||||||||||
Other liabilities | 1,280 | 1 | ||||||||||
Deferred tax asset | 20,025 | 125,520 | ||||||||||
Valuation allowance | (2,623 | ) | (4,117 | ) | ||||||||
Net deferred tax asset, current | 17,402 | 121,403 | ||||||||||
Other assets | (1,734 | ) | — | |||||||||
Deferred tax liability, current | (1,734 | ) | — | |||||||||
Net deferred tax asset, current | 15,668 | 121,403 | ||||||||||
Noncurrent | ||||||||||||
NOLs and tax credit carry forwards | 26,413 | 25,625 | ||||||||||
Compensation and benefit plans | 18,713 | 13,768 | ||||||||||
Fixed assets and intangible assets | — | 7,480 | ||||||||||
Interest rate swap contracts | 3,577 | 4,971 | ||||||||||
Other liabilities | 7,281 | 7,537 | ||||||||||
Deferred tax asset | 55,984 | 59,381 | ||||||||||
Valuation allowance | (7,335 | ) | (1,947 | ) | ||||||||
Net deferred tax asset, noncurrent | 48,649 | 57,434 | ||||||||||
Prepaid liabilities | (825 | ) | (668 | ) | ||||||||
Fixed assets and intangible assets | (8,595 | ) | — | |||||||||
Investments in partnerships | (131,116 | ) | (85,907 | ) | ||||||||
Other assets | (3,388 | ) | — | |||||||||
Deferred tax liability, noncurrent | (143,924 | ) | (86,575 | ) | ||||||||
Net deferred tax liability, noncurrent | (95,275 | ) | (29,141 | ) | ||||||||
Total net deferred tax (liability) asset | $ | (79,607 | ) | $ | 92,262 | |||||||
Schedule Of Unrecognized Tax Benefits Reconciliation [Table Text Block] | ' | |||||||||||
Balance at December 31, 2012 | $ | 16,721 | ||||||||||
Increases related to prior year tax positions | 6,802 | |||||||||||
Increases related to current year tax positions | 4,907 | |||||||||||
Decreases due to settlements of prior year tax positions | (1,810 | ) | ||||||||||
Decreases due to payments related to prior year tax positions | (287 | ) | ||||||||||
Balance at December 31, 2013 | $ | 26,333 | ||||||||||
Equity_and_LongTerm_Incentive_1
Equity and Long-Term Incentive Plans (Tables) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | |||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | |||||||||||||||
Shares Under Option | Weighted | Weighted | Aggregate | |||||||||||||
Average | Average | Intrinsic | ||||||||||||||
Exercise Price | Contractual | Value(a) | ||||||||||||||
Per Share | Term | |||||||||||||||
Time | Performance | (in years) | ||||||||||||||
Vesting | Vesting | |||||||||||||||
Options | Options | |||||||||||||||
Balance, December 31, 2012 | 129,151 | 2,500 | $ | 10.59 | 2.05 | $ | 5,123 | |||||||||
Exercised | (102,550 | ) | (2,500 | ) | $ | 9.38 | ||||||||||
Balance, December 31, 2013 | 26,601 | — | $ | 15.33 | 2.07 | $ | 1,404 | |||||||||
Options exercisable at December 31, 2013 | 26,061 | — | $ | 15.33 | 2.07 | $ | 1,404 | |||||||||
Options expected to vest in the future | — | — | n/a | n/a | n/a | |||||||||||
(a) | The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of AMC Networks Class A Common Stock on December 31, 2013 or December 31, 2012, as indicated. | |||||||||||||||
ScheduleOfShareBasedCompensationRestrictedStockOptionsAwardActivity [Table Text Block] | ' | |||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Shares | Restricted | Value Per | ||||||||||||||
Shares | Share at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 433,030 | 205,193 | $ | 34.16 | ||||||||||||
Vested | (129,758 | ) | — | $ | 25.41 | |||||||||||
Forfeited | (14,665 | ) | — | $ | 36.6 | |||||||||||
Unvested award balance, December 31, 2013 | 288,607 | 205,193 | $ | 36.38 | ||||||||||||
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] | ' | |||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Share Units | Restricted | Value Per | ||||||||||||||
Share Units | Share Unit at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 337,634 | 97,915 | $ | 45.01 | ||||||||||||
Granted | 294,470 | 82,227 | $ | 59.57 | ||||||||||||
Forfeited | (27,271 | ) | — | $ | 50.33 | |||||||||||
Unvested award balance, December 31, 2013 | 604,833 | 180,142 | $ | 51.84 | ||||||||||||
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block] | ' | |||||||||||||||
Years ended December 31, | ||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||
Restricted shares/units (including performance based shares/units) | $ | 20,299 | $ | 17,133 | $ | 15,173 | ||||||||||
Stock options (including performance based options) | — | 69 | 839 | |||||||||||||
Stock appreciation rights | — | — | (423 | ) | ||||||||||||
Share-based compensation expense | $ | 20,299 | $ | 17,202 | $ | 15,589 | ||||||||||
Cablevision and MSG Employees [Member] | ' | |||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | |||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | |||||||||||||||
Shares Under Option | Weighted | Weighted | Aggregate | |||||||||||||
Average | Average | Intrinsic | ||||||||||||||
Exercise Price | Contractual | Value(a) | ||||||||||||||
Per Share | Term | |||||||||||||||
Time | Performance | (in years) | ||||||||||||||
Vesting | Vesting | |||||||||||||||
Options | Options | |||||||||||||||
Balance, December 31, 2012 | 326,376 | 35,600 | $ | 16.57 | 3.42 | $ | 11,918 | |||||||||
Exercised | (40,468 | ) | — | $ | 19.09 | |||||||||||
Balance, December 31, 2013 | 285,908 | 35,600 | $ | 16.26 | 2.27 | $ | 16,671 | |||||||||
Options exercisable at December 31, 2013 | 260,908 | 35,600 | $ | 15.23 | 2.03 | $ | 15,680 | |||||||||
Options expected to vest in the future | 25,000 | — | $ | 28.48 | 5.06 | $ | 991 | |||||||||
(a) | The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of AMC Networks Class A Common Stock on December 31, 2013 or December 31, 2012, as indicated, and December 31, 2013 in the case of the stock options expected to vest in the future. | |||||||||||||||
ScheduleOfShareBasedCompensationRestrictedStockOptionsAwardActivity [Table Text Block] | ' | |||||||||||||||
Number of | Number of | Weighted | ||||||||||||||
Restricted | Performance | Average Fair | ||||||||||||||
Shares | Restricted | Value Per | ||||||||||||||
Shares | Share at Date | |||||||||||||||
of Grant | ||||||||||||||||
Unvested award balance, December 31, 2012 | 470,361 | 135,175 | $ | 30.41 | ||||||||||||
Vested | (294,755 | ) | (76,025 | ) | $ | 25.53 | ||||||||||
Forfeited | (23,335 | ) | — | $ | 37.87 | |||||||||||
Unvested award balance, December 31, 2013 | 152,271 | 59,150 | $ | 38.13 | ||||||||||||
Cash_Flows_Tables
Cash Flows (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] | ' | |||||||||||
Summary Of Non-Cash Activities And Other Supplemental Data | ' | |||||||||||
Years Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
Non-Cash Investing and Financing Activities: | ||||||||||||
Continuing Operations: | ||||||||||||
Leasehold improvements paid by landlord | $ | 100 | $ | 2,938 | $ | 150 | ||||||
Increase in capital lease obligations and related assets | 865 | 1,398 | 39 | |||||||||
Capital expenditures incurred but not yet paid | 3,202 | 5,397 | — | |||||||||
Deemed capital (distribution) contribution related to the utilization of Cablevision tax losses (see Note 11) | — | (1,794 | ) | 36,867 | ||||||||
Deemed capital (distribution) contribution, net related to adjustments to the liability for uncertain tax positions and net deferred tax assets as a result of the Distribution (see Note 11) | — | (1,148 | ) | 44,598 | ||||||||
Capital distribution for the transfer of a promissory note receivable to Cablevision (see Promissory Note discussion below) | — | — | (17,113 | ) | ||||||||
Deemed capital distribution to Cablevision related to employee benefit plans as a result of the Distribution (see Employee Matters Agreement discussion below) | — | — | (6,313 | ) | ||||||||
Deemed capital distribution related to tax credits utilized by Cablevision | — | — | (2,586 | ) | ||||||||
Deemed capital distribution associated with the issuance of debt to Cablevision (see Note 1) | — | — | (1,250,000 | ) | ||||||||
Deemed capital contribution related to the allocation of Cablevision share-based compensation expense | — | — | 8,343 | |||||||||
Supplemental Data: | ||||||||||||
Cash interest paid—continuing operations | 112,053 | 113,493 | 78,714 | |||||||||
Income taxes paid, net—continuing operations | 135,708 | 40,522 | 11,569 | |||||||||
Accumulated_Other_Comprehensiv
Accumulated Other Comprehensive Loss (Tables) | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Equity [Abstract] | ' | |||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | |||
Balance as of December 31, 2012 | $ | (8,446 | ) | |
Gains and Losses on Cash Flow Hedges: | ||||
Other comprehensive loss before reclassifications | (1,018 | ) | ||
Amounts reclassified from accumulated other comprehensive loss to interest expense | 7,280 | |||
Net current-period other comprehensive income, before income taxes | 6,262 | |||
Income tax expense | (2,311 | ) | ||
Net current-period other comprehensive income, net of income taxes | 3,951 | |||
Balance as of December 31, 2013 | $ | (4,495 | ) |
Segment_Information_Tables
Segment Information (Tables) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||
Summary Of Continuing Operations By Reportable Segment | ' | |||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 662,789 | $ | — | $ | — | $ | 662,789 | ||||||||
Distribution | 822,227 | 122,429 | (15,587 | ) | 929,069 | |||||||||||
Consolidated revenues, net | $ | 1,485,016 | $ | 122,429 | $ | (15,587 | ) | $ | 1,591,858 | |||||||
Adjusted operating cash flow (deficit) | $ | 555,911 | $ | (35,466 | ) | $ | 3,744 | $ | 524,189 | |||||||
Depreciation and amortization | (37,873 | ) | (16,794 | ) | — | (54,667 | ) | |||||||||
Share-based compensation expense | (16,213 | ) | (4,086 | ) | — | (20,299 | ) | |||||||||
Litigation settlement gain | — | 132,944 | — | 132,944 | ||||||||||||
Operating income | $ | 501,825 | $ | 76,598 | $ | 3,744 | $ | 582,167 | ||||||||
Capital expenditures | $ | 5,093 | $ | 19,210 | $ | — | $ | 24,303 | ||||||||
Year Ended December 31, 2012 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 522,917 | $ | 147 | $ | — | $ | 523,064 | ||||||||
Distribution | 731,269 | 114,394 | (16,150 | ) | 829,513 | |||||||||||
Consolidated revenues, net | $ | 1,254,186 | $ | 114,541 | $ | (16,150 | ) | $ | 1,352,577 | |||||||
Adjusted operating cash flow (deficit) | $ | 492,129 | $ | (30,040 | ) | $ | 3,328 | $ | 465,417 | |||||||
Depreciation and amortization | (70,436 | ) | (14,944 | ) | — | (85,380 | ) | |||||||||
Share-based compensation expense | (13,576 | ) | (3,626 | ) | — | (17,202 | ) | |||||||||
Restructuring credit | — | 3 | — | 3 | ||||||||||||
Operating income (loss) | $ | 408,117 | $ | (48,607 | ) | $ | 3,328 | $ | 362,838 | |||||||
Capital expenditures | $ | 5,541 | $ | 13,016 | $ | — | $ | 18,557 | ||||||||
Year Ended December 31, 2011 | ||||||||||||||||
National | International | Inter-segment | Consolidated | |||||||||||||
Networks | and Other | eliminations | ||||||||||||||
Revenues, net | ||||||||||||||||
Advertising | $ | 447,449 | $ | 177 | $ | (454 | ) | $ | 447,172 | |||||||
Distribution | 634,909 | 125,396 | (19,736 | ) | 740,569 | |||||||||||
Consolidated revenues, net | $ | 1,082,358 | $ | 125,573 | $ | (20,190 | ) | $ | 1,187,741 | |||||||
Adjusted operating cash flow (deficit) | $ | 447,555 | $ | (4,976 | ) | $ | (866 | ) | $ | 441,713 | ||||||
Depreciation and amortization | (85,701 | ) | (14,147 | ) | — | (99,848 | ) | |||||||||
Share-based compensation expense | (12,582 | ) | (3,007 | ) | — | (15,589 | ) | |||||||||
Restructuring credit | — | 240 | — | 240 | ||||||||||||
Operating income (loss) | $ | 349,272 | $ | (21,890 | ) | $ | (866 | ) | $ | 326,516 | ||||||
Capital expenditures | $ | 2,817 | $ | 12,554 | $ | — | $ | 15,371 | ||||||||
Summary Of Inter-segment Eliminations | ' | |||||||||||||||
Years Ended December 31, | ||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||
Inter-segment revenues | ||||||||||||||||
National Networks | $ | (184 | ) | $ | (569 | ) | $ | (454 | ) | |||||||
International and Other | (15,403 | ) | (15,581 | ) | (19,736 | ) | ||||||||||
$ | (15,587 | ) | $ | (16,150 | ) | $ | (20,190 | ) |
Interim_Financial_Information_1
Interim Financial Information (Unaudited) (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | |||||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | |||||||||||||||||||
For the three months ended, | ||||||||||||||||||||
2013:00:00 | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 | 2013 | |||||||||||||||
Revenues, net | $ | 381,961 | $ | 379,322 | $ | 395,328 | $ | 435,247 | $ | 1,591,858 | ||||||||||
Operating expenses | (254,477 | ) | (131,998 | ) | (272,941 | ) | (350,275 | ) | (1,009,691 | ) | ||||||||||
Operating income | $ | 127,484 | $ | 247,324 | $ | 122,387 | $ | 84,972 | $ | 582,167 | ||||||||||
Income from continuing operations | $ | 61,517 | $ | 135,731 | $ | 57,950 | $ | 34,962 | $ | 290,160 | ||||||||||
Net income including noncontrolling interests | $ | 61,517 | $ | 135,731 | $ | 57,950 | $ | 34,962 | $ | 290,160 | ||||||||||
Net income attributable to AMC Networks’ stockholders | $ | 61,517 | $ | 135,731 | $ | 58,111 | $ | 35,379 | $ | 290,738 | ||||||||||
Basic net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | 0.86 | 1.9 | 0.81 | 0.49 | 4.06 | |||||||||||||||
Net income | 0.86 | 1.9 | 0.81 | 0.49 | 4.06 | |||||||||||||||
Diluted net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | 0.85 | 1.87 | 0.8 | 0.49 | 4 | |||||||||||||||
Net income | 0.85 | 1.87 | 0.8 | 0.49 | 4 | |||||||||||||||
For the three months ended, | ||||||||||||||||||||
2012:00:00 | 31-Mar-12 | 30-Jun-12 | 30-Sep-12 | 31-Dec-12 | 2012 | |||||||||||||||
Revenues, net | $ | 326,239 | $ | 327,570 | $ | 332,056 | $ | 366,712 | $ | 1,352,577 | ||||||||||
Operating expenses | (229,200 | ) | (229,294 | ) | (245,197 | ) | (286,048 | ) | (989,739 | ) | ||||||||||
Operating income | $ | 97,039 | $ | 98,276 | $ | 86,859 | $ | 80,664 | $ | 362,838 | ||||||||||
Income from continuing operations | $ | 43,077 | $ | 41,405 | $ | 36,543 | $ | 15,191 | $ | 136,216 | ||||||||||
Income from discontinued operations, net of income taxes | 104 | 105 | 105 | — | 314 | |||||||||||||||
Net income attributable to AMC Networks’ stockholders | $ | 43,181 | $ | 41,510 | $ | 36,648 | $ | 15,191 | $ | 136,530 | ||||||||||
Basic net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | $ | 0.62 | $ | 0.59 | $ | 0.52 | $ | 0.22 | $ | 1.94 | ||||||||||
Income from discontinued operations | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||
Net income | $ | 0.62 | $ | 0.59 | $ | 0.52 | $ | 0.22 | $ | 1.94 | ||||||||||
Diluted net income per share attributable to AMC Networks’ stockholders: | ||||||||||||||||||||
Income from continuing operations | $ | 0.6 | $ | 0.57 | $ | 0.51 | $ | 0.21 | $ | 1.89 | ||||||||||
Income from discontinued operations | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||
Net income | $ | 0.6 | $ | 0.58 | $ | 0.51 | $ | 0.21 | $ | 1.89 | ||||||||||
Description_Of_Business_And_Ba1
Description Of Business And Basis Of Presentation (Narrative) (Details) (USD $) | 12 Months Ended | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jun. 16, 2011 | Jun. 30, 2011 | Jun. 30, 2011 | Jun. 30, 2011 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Jun. 16, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Jun. 16, 2011 | |
network | Distribution Debt [Member] | June 30, 2011 Credit Facility [Member] | 7.75% Senior Notes [Member] | Pre-Distribution Debt [Member] | Class A [Member] | Class A [Member] | Class A [Member] | Class B [Member] | Class B [Member] | Class B [Member] | ||||
segment | ||||||||||||||
Number of Operating Segments | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Nationally Distributed Programming Networks | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number Of Shares Received In New Company From Distribution | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | 1 | ' | ' | 1 |
Number Of Prior Company Shares Held To Receive One Share In New Company, From Distribution | ' | ' | ' | 4 | ' | ' | ' | ' | ' | ' | 4 | ' | ' | 4 |
Common Stock, Shares, Issued | ' | ' | ' | ' | ' | ' | ' | ' | 61,692,561 | 61,247,043 | 57,813,000 | 11,484,408 | 11,784,408 | 13,534,000 |
Debt Instrument, Face Amount | ' | ' | ' | ' | $2,425,000,000 | $1,725,000,000 | $700,000,000 | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Decrease, Repayments | ' | ' | ' | ' | ' | ' | ' | 1,063,000,000 | ' | ' | ' | ' | ' | ' |
Deemed Capital Distribution Associated With The Issuance Of Debt To Related Party | $0 | $0 | $1,250,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Summary_of_Significant_Account3
Summary of Significant Accounting Policies (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Advertising Expense | $150,734 | $154,371 | $105,068 |
Foreign Currency Transaction Gain (Loss), Realized | 7,322 | -231 | -130 |
Accounts Receivable, Net, Noncurrent | $48,380 | $41,983 | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | ' | 527 | ' |
Stockholders entitled election of Board of Directors | 25.00% | ' | ' |
Maximum [Member] | ' | ' | ' |
Deferred Carriage Fees Contractual Period | '13 years | ' | ' |
Customer Concentration Risk [Member] | Accounts Receivable [Member] | ' | ' | ' |
Concentration Risk, Percentage | 15.00% | ' | ' |
Summary_of_Significant_Account4
Summary of Significant Accounting Policies (Net Income Per Share) (Details) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Weighted Average Number of Shares Outstanding, Basic | 71,543 | 70,374 | 69,283 |
Weighted Average Number of Shares Outstanding, Diluted | 72,703 | 72,236 | 70,731 |
Employee Stock Options [Member] | ' | ' | ' |
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 286 | 783 | 510 |
Restricted Stock Units (RSUs) [Member] | ' | ' | ' |
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 874 | 1,079 | 938 |
Summary_of_Significant_Account5
Summary of Significant Accounting Policies (Schedule of Stock by Class) (Details) | 6 Months Ended | 12 Months Ended | |
Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | |
Class A [Member] | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' |
Common Stock, Shares, Outstanding | 57,813,267 | 60,591,030 | 58,434,704 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | 621,437 | -96,916 | 406,326 |
Stock Issued During Period, Shares, Conversion of Convertible Securities | ' | 300,000 | 1,750,000 |
Common Stock, Shares, Outstanding | 58,434,704 | 60,794,114 | 60,591,030 |
Class B [Member] | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' |
Common Stock, Shares, Outstanding | 13,534,408 | 11,784,408 | 13,534,408 |
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | 0 | 0 | 0 |
Stock Issued During Period, Shares, Conversion of Convertible Securities | ' | -300,000 | -1,750,000 |
Common Stock, Shares, Outstanding | 13,534,408 | 11,484,408 | 11,784,408 |
Program_Rights_Narrative_Detai
Program Rights (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Film Cost Disclosures [Abstract] | ' | ' | ' |
Owned original program rights | $100,696 | ' | ' |
Owned original program rights expected to be amortized within three years | 94.00% | ' | ' |
Program rights expected to be paid within twelve months | 62,470 | ' | ' |
Program rights write offs | $61,005 | $9,990 | $18,332 |
Program_Rights_Schedule_of_Fut
Program Rights (Schedule of Future Payments) (Details) (USD $) | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |
Program Rights Obligations [Abstract] | ' |
2014 | $210,190 |
2015 | 169,047 |
2016 | 131,699 |
2017 | 61,453 |
2018 | 43,795 |
Thereafter | 43,593 |
Program Rights Obligations, Total Future Payments Due | $659,777 |
Property_and_Equipment_Narrati
Property and Equipment (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Property, Plant and Equipment [Abstract] | ' | ' | ' |
Retirement of Tangible Assets, Other Descriptors | $5,114 | ' | ' |
Depreciation | $23,036 | $20,891 | $20,739 |
Propert_and_Equipment_Property
Propert and Equipment (Property, Plant, Equipment) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | Program, service and test equipment [Member] | Program, service and test equipment [Member] | Satellite Equipment [Member] | Satellite Equipment [Member] | Furniture and Fixtures [Member] | Furniture and Fixtures [Member] | Transmission Equipment [Member] | Transmission Equipment [Member] | Leasehold Improvements [Member] | Leasehold Improvements [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | ||
Program, service and test equipment [Member] | Furniture and Fixtures [Member] | Program, service and test equipment [Member] | Satellite Equipment [Member] | Furniture and Fixtures [Member] | Transmission Equipment [Member] | |||||||||||||
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant And Equipment, Gross | $235,933 | $217,974 | $114,641 | $103,169 | $17,443 | $16,580 | $15,803 | $15,386 | $41,391 | $37,518 | $46,655 | $45,321 | ' | ' | ' | ' | ' | ' |
Accumulated Depreciation And Amortization | -164,865 | -147,084 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Propert and Equipment, Net | $71,068 | $70,890 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2 years | '5 years | '5 years | '13 years | '8 years | '5 years |
Property_and_Equipment_Schedul
Property and Equipment (Schedule of Capital Leased Assets) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Property, Plant and Equipment [Line Items] | ' | ' |
Capital Leases, Assets By Major Class, Net | $8,607 | $9,106 |
Satellite Equipment [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Capital Leases, Assets By Major Class, Net | 17,443 | 16,580 |
Less Accumulated Depreciation | ($8,836) | ($7,474) |
Goodwill_and_Other_Intangible_2
Goodwill and Other Intangible Assets (Narrative) (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Goodwill [Line Items] | ' | ' | ' |
Goodwill, Subsequent Recognition of Deferred Tax Asset | $2,557,000 | ' | ' |
Finite-Lived Intangible Assets, Amortization Expense | 31,631,000 | 64,489,000 | 79,109,000 |
Percentage Of Hypothetical Decrease | 20.00% | ' | ' |
Goodwill and Intangible Asset Impairment | 0 | ' | ' |
Goodwill, Impaired, Accumulated Impairment Loss | 0 | ' | ' |
Affiliation Agreements [Member] | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' |
Retirement Of Fully Amortized Intangible Assets | 597,157,000 | ' | ' |
Advertiser Relationships [Member] | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' |
Retirement Of Fully Amortized Intangible Assets | $74,248,000 | ' | ' |
Goodwill_and_Other_Intangible_3
Goodwill and Other Intangible Assets (Schedule Of Goodwill) (Details) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Goodwill [Line Items] | ' | ' |
Goodwill | $76,748 | $79,305 |
Goodwill, Subsequent Recognition of Deferred Tax Asset | -2,557 | ' |
National Networks [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill | 75,552 | 78,109 |
Goodwill, Subsequent Recognition of Deferred Tax Asset | -2,557 | ' |
International and Other [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill | 1,196 | 1,196 |
Goodwill, Subsequent Recognition of Deferred Tax Asset | $0 | ' |
Goodwill_and_Other_Intangible_4
Goodwill and Other Intangible Assets (Summary Of Intangible Assets) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | Affiliate Relationships [Member] | Affiliation Agreements And Affiliate Relationships [Member] | Advertiser Relationships [Member] | Other Intangible Assets [Member] | Other Intangible Assets [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | ||
Other Intangible Assets [Member] | Affiliate Relationships [Member] | Other Intangible Assets [Member] | ||||||||
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Finite-Lived Intangible Assets, Gross | $244,244 | $915,649 | $243,600 | $840,757 | $74,248 | $644 | $644 | ' | ' | ' |
Finite-Lived Intangible Assets, Accumulated Amortization | -54,592 | -694,366 | -53,971 | -623,621 | -70,226 | -621 | -519 | ' | ' | ' |
Finite-Lived Intangible Assets, Net | 189,652 | 221,283 | 189,629 | 217,136 | 4,022 | 23 | 125 | ' | ' | ' |
Indefinite-Lived Trademarks | 19,900 | 19,900 | ' | ' | ' | ' | ' | ' | ' | ' |
Intangible Assets, Gross (Excluding Goodwill) | 264,144 | 935,549 | ' | ' | ' | ' | ' | ' | ' | ' |
Intangible Assets, Net (Excluding Goodwill) | $209,552 | $241,183 | ' | ' | ' | ' | ' | ' | ' | ' |
Finite-Lived Intangible Asset, Useful Life | ' | ' | ' | ' | ' | ' | ' | '4 years | '25 years | '10 years |
Goodwill_and_Other_Intangible_5
Goodwill and Other Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) (USD $) | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |
Goodwill and Intangible Assets Disclosure [Abstract] | ' |
2014 | $9,759 |
2015 | 9,746 |
2016 | 9,746 |
2017 | 9,746 |
2018 | $9,746 |
Accrued_Liabilities_Details
Accrued Liabilities (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Accrued Liabilities [Abstract] | ' | ' |
Interest Payable, Current | $27,770 | $28,250 |
Employee-related Liabilities, Current | 88,512 | 75,620 |
Accrued Income Taxes, Current | 0 | 116,740 |
Other Accrued Liabilities, Current | 15,008 | 11,852 |
Accrued Liabilities, Current | $131,290 | $232,462 |
Debt_Narrative_Details
Debt (Narrative) (Details) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jun. 15, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2011 | Jun. 30, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 17, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 17, 2012 | 13-May-11 | Dec. 31, 2011 | 13-May-11 | Dec. 31, 2010 | Dec. 31, 2011 | Jun. 30, 2011 | Jun. 15, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2013 | Dec. 31, 2011 | Jun. 30, 2011 | Jun. 30, 2011 | Dec. 31, 2012 | Jun. 30, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Jan. 31, 2014 | Dec. 31, 2013 | Dec. 16, 2013 | Dec. 31, 2013 | Dec. 16, 2013 | Jan. 31, 2014 | Dec. 31, 2013 | Dec. 16, 2013 | |
Term-B Facility [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | Proceeds of 4.75% Senior Notes Used to Repay Term Loan B Facility [Member] | RNS 8 3/4% Senior Notes [Member] | RNS 8 3/4% Senior Notes [Member] | RNS 8 3/4% Senior Notes [Member] | RNS revlolving credit facility [Member] | RNS revlolving credit facility [Member] | RNS revlolving credit facility [Member] | RNS 10 3/8% Senior Subordinated Notes [Member] | RNS 10 3/8% Senior Subordinated Notes [Member] | RNS 10 3/8% Senior Subordinated Notes [Member] | RNS 10 3/8% Senior Subordinated Notes [Member] | RNS 10 3/8% Senior Subordinated Notes [Member] | RNS credit facility [Member] | RNS term loan A [Member] | RNS term loan A [Member] | June 30, 2011 Credit Facility [Member] | June 30, 2011 Credit Facility [Member] | June 30, 2011 Credit Facility [Member] | June 30, 2011 Credit Facility [Member] | June 30, 2011 Credit Facility [Member] | June 30, 2011 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | December 16, 2013 Credit Facility [Member] | ||||||
On or After July 15, 2016 [Member] | Declining Rate After July 15, 2019 [Member] | Change of Control Percentage [Member] | Change of Control Percentage [Member] | On or After December 15, 2017 [Member] | Declining Rate After December 15, 2020 [Member] | Tender Premiums, Along With Accretion To The Principal Amount [Member] | Other Transaction Costs [Member] | Revolving Credit Facility [Member] | Term-A Facility [Member] | Term-B Facility [Member] | Term-B Facility [Member] | Eurodollar [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Quarterly Installments Under Credit Agreement Term Loan A Facility from March 31, 2015 through December 31, 2015 [Member] | Quarterly Installments Under Credit Agreement Term Loan A Facility from March 31, 2016 through December 31, 2016 [Member] [Member] | Quarterly Installments Under Credit Agreement Term Loan A Facility from March 31, 2017 through December 31, 2017 [Member] | Quarterly Installment Under Credit Agreement Term Loan A Facility From March 31, 2018 through December 31, 2018 [Member] | Quarterly Installment Under Credit Agreement Term Loan A Facility Remainder December 16, 2019 [Member] | On or After January 1, 2016 [Member] | Subsequent Event [Member] | Revolving Credit Facility [Member] | Revolving Credit Facility [Member] | Term-A Facility [Member] | Term-A Facility [Member] | Term-A Facility [Member] | Term-A Facility [Member] | Term-A Facility [Member] | |||||||||||||||||||||||||||||
Base Rate [Member] | Eurodollar [Member] | Base Rate [Member] | Eurodollar [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | ' | ' | ' | ' | ' | ' | $700,000,000 | ' | ' | ' | ' | ' | $600,000,000 | ' | ' | ' | ' | ' | ' | $300,000,000 | ' | $300,000,000 | ' | ' | ' | $325,000,000 | ' | ' | ' | ' | ' | ' | ' | $500,000,000 | $1,130,000,000 | ' | $595,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $500,000,000 | ' | $880,000,000 | ' | ' | $600,000,000 |
Debt Instrument, Maturity Date | ' | ' | ' | ' | ' | ' | 15-Jul-21 | ' | ' | ' | ' | ' | 15-Dec-22 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16-Dec-18 | ' | 16-Dec-19 | ' | ' | ' | ' |
Payments of Debt Issuance Costs | ' | ' | ' | ' | ' | ' | ' | 1,533,000 | ' | ' | ' | ' | ' | 1,393,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,669,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,006,000 | ' | ' | ' | ' | ' | ' | ' |
Proceeds from the issuance of long-term debt | 880,000,000 | 589,500,000 | 1,442,364,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 600,000,000 | ' | ' |
Write off of Deferred Debt Issuance Cost | 4,007,000 | 1,862,000 | 6,247,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,186,000 | ' | ' | 2,062,000 | ' | ' | 2,455,000 | ' | ' | ' | ' | ' | ' | ' | 3,719,000 | ' | ' | ' | 898,000 | ' | 288,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gains (Losses) on Extinguishment of Debt | -1,087,000 | -10,774,000 | -14,726,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -350,000 | ' | ' | ' | ' | ' | ' | ' | ' | -12,864,000 | -1,321,000 | ' | ' | ' | -1,087,000 | ' | ' | ' | -10,774,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 1.50% | ' | 1.25% | 2.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | ' | ' | 8.63% | ' | ' | ' | 7.75% | ' | ' | ' | ' | ' | 4.75% | ' | ' | ' | ' | ' | 8.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Derivative, Floor Interest Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate at Period End | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.17% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Commitment Fee Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.25% | ' | ' | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Periodic Payment, Principal | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18,500,000 | 37,000,000 | 55,500,000 | 74,000,000 | 518,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument, covenant, cash flow ratio | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Insturment, Covenant, Minimum Interest Coverage Ratio | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Unamortized Discount | 22,817,000 | 26,685,000 | ' | ' | ' | ' | ' | ' | 14,000,000 | ' | ' | ' | ' | ' | 10,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,650,000 | ' | 12,986,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of Debt to Related Party related to the Distribution | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 577,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Redemption Price, Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | 103.88% | 100.00% | 101.00% | ' | ' | ' | 101.00% | 102.38% | 100.00% | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayments of Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 587,600,000 | ' | ' | ' | 300,000,000 | ' | ' | ' | ' | ' | ' | ' | 713,785,000 | 412,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unrealized Gain (Loss) on Derivatives | 4,313,000 | -8,739,000 | 0 | ' | ' | -8,725,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -8,725,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt, Maturities, Repayments of Principal in Year Two | 44,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30,000,000 | ' |
Long-term Debt, Maturities, Repayments of Principal in Year Three | 88,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60,000,000 | ' |
Long-term Debt, Maturities, Repayments of Principal in Year Four | 132,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 90,000,000 | ' |
Long-term Debt, Maturities, Repayments of Principal in Year Five | 176,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 120,000,000 | ' |
Long-term Debt, Maturities, Repayments of Principal after Year Five | 1,740,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 300,000,000 | ' |
Interest Payable, Current | 27,770,000 | 28,250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,250,000 | ' | ' | ' | ' | 11,146,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Lines of Credit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 300,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Tender Offer Consideration Per Principal Amount, Gross | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,039.58 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Tender Offer Consideration Per Principal Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,029.58 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Tender Offer Consideration Per Principal Amount, Early Tender Premium | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Amount Outstanding | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $50,000,000 | ' | ' | ' | ' | ' | ' | ' | $425,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt_Summary_Of_LongTerm_Debt_
Debt (Summary Of Long-Term Debt) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jun. 30, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 17, 2012 |
In Thousands, unless otherwise specified | Term-A Facility [Member] | Term-A Facility [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 7.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | 4.75% Senior Notes [Member] | ||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt, Gross | $2,180,000 | $2,180,000 | $880,000 | $880,000 | $700,000 | $700,000 | ' | $600,000 | $600,000 | ' |
Debt Instrument, Unamortized Discount | -22,817 | -26,685 | ' | ' | ' | ' | -14,000 | ' | ' | -10,500 |
Long-term Debt, Net | $2,157,183 | $2,153,315 | $878,315 | $876,358 | $688,497 | $687,423 | ' | $590,371 | $589,534 | ' |
Debt_Schedule_of_Debt_Maturiti
Debt (Schedule of Debt Maturities) (Details) (USD $) | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |
Debt Disclosure [Abstract] | ' |
2014 | $0 |
2015 | 44,000 |
2016 | 88,000 |
2017 | 132,000 |
2018 | 176,000 |
Thereafter | $1,740,000 |
Fair_Value_Measurement_Financi
Fair Value Measurement (Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Cash Equivalents | $63,029 | $487,900 |
Foreign Currency Contract, Asset, Fair Value Disclosure | 2,577 | ' |
Interest Rate Swaps Contracts | 12,713 | 22,137 |
Level I [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Cash Equivalents | 63,029 | 487,900 |
Foreign Currency Contract, Asset, Fair Value Disclosure | 0 | ' |
Interest Rate Swaps Contracts | 0 | 0 |
Level II [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Cash Equivalents | 0 | 0 |
Foreign Currency Contract, Asset, Fair Value Disclosure | 2,577 | ' |
Interest Rate Swaps Contracts | 12,713 | 22,137 |
Level III [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Cash Equivalents | 0 | 0 |
Foreign Currency Contract, Asset, Fair Value Disclosure | 0 | ' |
Interest Rate Swaps Contracts | $0 | $0 |
Fair_Value_Measurement_Carryin
Fair Value Measurement (Carrying Values And Fair Values Of The Company's Financial Instruments) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Long-term Debt | $2,157,183 | $2,153,315 |
Long-term Debt, Fair Value | 2,235,700 | 2,280,654 |
Term-A Facility [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Long-term Debt | 878,315 | 876,358 |
Long-term Debt, Fair Value | 876,700 | 876,154 |
7.75% Senior Notes [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Long-term Debt | 688,497 | 687,423 |
Long-term Debt, Fair Value | 787,500 | 801,500 |
4.75% Senior Notes [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Long-term Debt | 590,371 | 589,534 |
Long-term Debt, Fair Value | $571,500 | $603,000 |
Derivative_Financial_Instrumen2
Derivative Financial Instruments (Narrative) (Details) | 12 Months Ended | 12 Months Ended | |||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | |
USD ($) | USD ($) | USD ($) | EUR (€) | USD ($) | Term-B Facility [Member] | Interest Expense [Member] | Interest Expense [Member] | Interest Rate Swap [Member] | Foreign Exchange Option [Member] | Foreign Exchange Option [Member] | Designated as Hedging Instrument [Member] | Not Designated as Hedging Instrument [Member] | |
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | EUR (€) | Interest Rate Swap [Member] | Interest Rate Swap [Member] | ||||||
Cash Flow Hedging [Member] | USD ($) | ||||||||||||
USD ($) | |||||||||||||
Derivative [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unrealized Gain (Loss) on Derivatives | $4,313,000 | ($8,739,000) | $0 | ' | ' | ($8,725,000) | ' | ' | ' | ' | ' | ' | ' |
Derivative, Notional Amount | ' | ' | ' | ' | ' | ' | ' | ' | 700,250,000 | ' | 125,000,000 | 500,250,000 | 200,000,000 |
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' |
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' |
Cash and cash equivalents | 521,951,000 | 610,970,000 | 215,836,000 | 250,000,000 | 79,960,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Prepaid Expense and Other Assets, Current | $65,512,000 | $17,032,000 | ' | ' | ' | ' | ' | ' | ' | $2,577,000 | ' | ' | ' |
Derivative_Financial_Instrumen3
Derivative Financial Instruments (Fair Value Of Derivative Instruments Included In Balance Sheets) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Derivatives, Fair Value [Line Items] | ' | ' |
Interest Rate Swap Contracts | $12,713 | $22,137 |
Derivative Asset, Fair Value, Gross Asset | 2,577 | 0 |
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Derivative Asset, Fair Value, Gross Asset | 0 | 0 |
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Liabilities [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Interest Rate Swap Contracts | 7,136 | 13,398 |
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Derivative Asset, Fair Value, Gross Asset | 0 | 0 |
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member] | Other Liabilities [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Interest Rate Swap Contracts | 5,577 | 8,739 |
Foreign Exchange Option [Member] | Prepaid Expenses and Other Current Assets [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Interest Rate Swap Contracts | 0 | 0 |
Derivative Asset, Fair Value, Gross Asset | $2,577 | $0 |
Derivative_Financial_Instrumen4
Derivative Financial Instruments (Schedule Of Gains And Losses Related To Derivative Instruments) (Details) (Cash Flow Hedging [Member], Interest Rate Swap [Member], USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Derivative [Line Items] | ' | ' |
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | ($1,018) | ($12,663) |
Interest Expense [Member] | ' | ' |
Derivative [Line Items] | ' | ' |
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | ($7,280) | ($18,356) |
Derivative_Financial_Instrumen5
Derivative Financial Instruments Derivative Financial Instruments (Schedule Of Gains And Losses Related To Derivative Instruments Not Designated) (Details) (Details) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | $1,720 | ($14) |
Interest Expense [Member] | Interest Rate Swap [Member] | ' | ' |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | 569 | -14 |
Other Income [Member] | Foreign Exchange Option [Member] | ' | ' |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | $1,151 | $0 |
Leases_Narrative_Details
Leases (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Leases [Abstract] | ' | ' | ' |
Operating Leases, Rent Expense | $15,640 | $14,814 | $13,312 |
Leases_Schedule_of_Future_Mini
Leases (Schedule of Future Minimum Rental Payments for Operating Leases) (Details) (USD $) | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |
Leases [Abstract] | ' |
2014 | $17,739 |
2015 | 17,895 |
2016 | 17,866 |
2017 | 11,007 |
2018 | 5,059 |
Thereafter | $7,184 |
Leases_Schedule_of_Future_Mini1
Leases (Schedule of Future Minimum Lease Payments for Capital Leases) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2014 | Dec. 31, 2014 |
In Thousands, unless otherwise specified | Minimum [Member] | Maximum [Member] | ||
Capital Leased Assets [Line Items] | ' | ' | ' | ' |
2014 | $3,036 | ' | ' | ' |
2015 | 3,036 | ' | ' | ' |
2016 | 3,036 | ' | ' | ' |
2017 | 3,036 | ' | ' | ' |
2018 | 3,036 | ' | ' | ' |
Thereafter | 3,896 | ' | ' | ' |
Capital Leases, Future Minimum Payments Due | 19,076 | ' | ' | ' |
Less Amount Representing Interest (At 9.3%-10.4%) | -4,971 | ' | ' | ' |
Present Value Of Net Minimum Future Capital Lease Payments | 14,105 | ' | ' | ' |
Less Principal Portion Of Current Installments | -1,718 | -1,558 | ' | ' |
Long-term Portion Of Obligations Under Capital Leases | $12,387 | $14,104 | ' | ' |
Capital Lease Obligations, Effective Interest Rate | ' | ' | 9.30% | 10.40% |
Income_Taxes_Narrative_Details
Income Taxes (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Income Tax Disclosure [Abstract] | ' | ' | ' |
Deferred Tax Assets, Tax Credit Carryforwards, Foreign | $23,000 | ' | ' |
Deferred Tax Assets, Valuation Allowance | 2,000 | ' | ' |
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation | 4,975 | 7,484 | ' |
Second component of tax deductible goodwill, net of tax | 1,613 | ' | ' |
Unrecognized Tax Benefits | 26,333 | 16,721 | ' |
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued | 3,109 | ' | ' |
Deferred tax asset, Uncertain tax position | 7,760 | ' | ' |
Interest expense net of deferred tax benefit | 796 | ' | ' |
Interest Income, Other | 746 | ' | ' |
Non Cash Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | ' | -1,794 | 36,867 |
Noncash Capital Distribution Related To Tax Credits Utilized By Related Party | ' | 2,942 | 2,586 |
Deemed capital distribution, net related to lower corporate tax rates | ' | ' | 2,302 |
Deemed capital distribution, net related to share-based awards | ' | ' | 7,292 |
Deemed capital distribution, net pursuant to IRC Section 162(m) | ' | ' | 1,314 |
Deemed capital contribution, net to related party for unrecognized tax benefits | ' | ' | 56,409 |
Deemed capital contribution, net to related party for the accrued interest portion of unrecognized tax benefits | ' | ' | 1,284 |
Deemed capital contribution net to related party for the deferred tax assets associated with unrecognized tax benefits | ' | ' | $2,358 |
Income_Taxes_Schedule_of_Compo
Income Taxes (Schedule of Components of Income Tax Expense) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Current Income Tax Expense (Benefit), Continuing Operations [Abstract] | ' | ' | ' |
Current Federal Tax Expense (Benefit) | ($10,137) | $148,495 | $2,333 |
State and Foreign | 7,507 | 18,836 | 6,489 |
Current Income Tax Expense (Benefit) | -2,630 | 167,331 | 8,822 |
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract] | ' | ' | ' |
Federal | 154,299 | -77,360 | 62,131 |
State | 17,205 | -11,154 | 7,029 |
Deferred Income Tax Expense (Benefit) | 171,504 | -88,514 | 69,160 |
Tax Expense Relating To Uncertain Tax Positions Including Accrued Interest | 9,967 | 7,241 | 6,266 |
Income Tax Expense (Benefit) | $178,841 | $86,058 | $84,248 |
Income_Taxes_Schedule_of_Effec
Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Income Tax Disclosure [Abstract] | ' | ' | ' |
U.S. Federal Statutory Income Tax Rate | 35.00% | 35.00% | 35.00% |
State And Local Income Taxes, Net Of Federal Benefit | 2.00% | 2.00% | 4.00% |
Changes In The Valuation Allowance | 1.00% | -1.00% | -1.00% |
Change In The State Rate Used To Measure Deferred Taxes, Net Of Federal Benefit | -1.00% | 0.00% | 0.00% |
Tax Expense Relating To Uncertain Tax Positions, Including Accrued Interest, Net Of Deferred Tax Benefits | 2.00% | 2.00% | 2.00% |
Other | -1.00% | 1.00% | 0.00% |
Effective Income Tax Rate | 38.00% | 39.00% | 40.00% |
Income_Taxes_Schedule_of_Defer
Income Taxes (Schedule of Deferred Tax Asset (Liability)) (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Deferred tax asset, net | $15,668 | $121,403 |
Deferred Tax Assets, Net, Noncurrent | -95,275 | -29,141 |
Deferred Tax Assets, Net | -79,607 | 92,262 |
Current [Member] | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards | 5,130 | 687 |
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits | 13,299 | 10,230 |
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts | 316 | 392 |
Current Tax Liability and Defered Tax Asset For Estimated Taxes Payable on Litigation Settlement Proceeds | 0 | 114,210 |
Deferred Tax Assets, Other | 1,280 | 1 |
Deferred Tax Assets, Gross, Current | 20,025 | 125,520 |
Deferred Tax Assets, Valuation Allowance, Current | 2,623 | 4,117 |
Deferred Tax Assets, Net of Valuation Allowance, Current | 17,402 | 121,403 |
Deferred Tax Liabilities, Other | 1,734 | 0 |
Deferred Tax Liabilities, Net, Current | 1,734 | 0 |
Deferred tax asset, net | 15,668 | 121,403 |
Noncurrent [Member] | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards | 26,413 | 25,625 |
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits | 18,713 | 13,768 |
Deferred tax asset, fixed assets and intangible assets | 0 | 7,480 |
Deferred Tax Assets Interest Rate Swap Contracts Noncurrent | 3,577 | 4,971 |
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Other | 7,281 | 7,537 |
Deferred Tax Assets, Gross, Noncurrent | 55,984 | 59,381 |
Deferred Tax Assets, Valuation Allowance, Noncurrent | 7,335 | 1,947 |
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent | 48,649 | 57,434 |
Deferred Tax Liabilities, Prepaid Expenses | 825 | 668 |
Deferred tax liability, fixed assets and intangible assets | 8,595 | 0 |
Deferred Tax Liabilities, Investment in Noncontrolled Affiliates | 131,116 | 85,907 |
Deferred Tax Liabilities, Deferred Expense, Other Capitalized Costs | 3,388 | 0 |
Deferred Tax Liabilities, Net, Noncurrent | 143,924 | 86,575 |
Deferred Tax Assets, Net, Noncurrent | ($95,275) | ($29,141) |
Income_Taxes_Reconciliation_Of
Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) (USD $) | 12 Months Ended |
In Thousands, unless otherwise specified | Dec. 31, 2013 |
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | ' |
Unrecognized Tax Benefits, Beginning of Period | $16,721 |
Increases Related To Prior Period Tax Positions | 6,802 |
Increases Related To Current Period Tax Positions | 4,907 |
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities | -1,810 |
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions | -287 |
Unrecognized Tax Benefits, End of Period | $26,333 |
Commitments_and_Contingencies_
Commitments and Contingencies (Narrative) (Details) (USD $) | 12 Months Ended |
In Thousands, unless otherwise specified | Dec. 31, 2013 |
Unrecorded Unconditional Purchase Obligation, Due Within One Year | $122,560 |
Unrecorded Unconditional Purchase Obligation, Due after Five Years | 11,938 |
Guarantees, Future Minimum Payments, Due In One Year | 60,179 |
Contractual Obligation, Due Within One Year | 33,549 |
Contractual Obligation, Due Within Two To Three Years | 12,471 |
Contractual Obligation, Due Within Four To Five Years | 3,165 |
Contractual Obligation, Due after Fifth Year | 2,560 |
Damages Sought In Compensation-related Claims | 11,000 |
Due Within Two To Three Years From The Balance Sheet Date [Member] | ' |
Unrecorded Unconditional Purchase Obligation | 24,963 |
Due Within Four To Five Years From Balance Sheet Date [Member] | ' |
Unrecorded Unconditional Purchase Obligation | $14,355 |
Equity_and_LongTerm_Incentive_2
Equity and Long-Term Incentive Plans (Narrative) (Details) (USD $) | 12 Months Ended | |||
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jun. 16, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | 500,538 | ' | ' | ' |
Shares Paid for Tax Withholding for Share Based Compensation | 204,434 | ' | ' | ' |
Adjustments Related to Tax Withholding for Share-based Compensation | $12,135 | $15,989 | $1,677 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 38,000 | ' | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 26,134 | ' | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year 9 months | ' | ' | ' |
Excess tax benefits from share-based compensation arrangements | 4,975 | 7,484 | 0 | ' |
Number Of Shares Received In New Company From Distribution | ' | ' | ' | 1 |
Number Of Prior Company Shares Held To Receive One Share In New Company, From Distribution | ' | ' | ' | 4 |
Percentage Of Pre Distribution Exercise Price Allocated To Options Rights | ' | ' | 73.59% | ' |
Percentage Of Pre Distribution Exercise Price Allocated To New Options Rights | ' | ' | 26.41% | ' |
Other Labor-related Expenses | 17,516 | 11,001 | 11,392 | ' |
Other Employee Related Liabilities | 29,047 | 20,673 | ' | ' |
Employee Stock [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 5,000,000 | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 2,065,728 | ' | ' | ' |
Non-Employee Director Plan [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 465,000 | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 294,417 | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $62.69 | $39.81 | $31.06 | ' |
Class A [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Adjustments Related to Tax Withholding for Share-based Compensation | $0 | $0 | $0 | ' |
Number Of Shares Received In New Company From Distribution | ' | ' | ' | 1 |
Number Of Prior Company Shares Held To Receive One Share In New Company, From Distribution | ' | ' | ' | 4 |
Class A [Member] | Employee Stock [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | '10 years | ' | ' | ' |
Class A [Member] | Non-Employee Director Plan [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | '10 years | ' | ' | ' |
Restricted Stock Units (RSUs) [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $51.84 | $45.01 | ' | ' |
Restricted Stock Units (RSUs) [Member] | Non-Employee Director Plan [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 21,712 | 30,393 | 38,951 | ' |
Equity_and_LongTerm_Incentive_3
Equity and Long-Term Incentive Plans (Activity for Stock) (Details) (USD $) | 12 Months Ended | |||
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $15.33 | $10.59 | ||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $9.38 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $15.33 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | '2 years 0 months 26 days | '2 years 0 months 20 days | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | '2 years 0 months 26 days | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $1,404 | [1] | $5,123 | [1] |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value | 1,404 | [1] | ' | |
Performance Vesting Options [Member] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0 | 2,500 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | -2,500 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 0 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | 0 | ' | ||
Time Vesting Options [Member] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 26,601 | 129,151 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | -102,550 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 26,061 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | 0 | ' | ||
Cablevision and MSG Employees [Member] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $16.26 | $16.57 | ||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $19.09 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $15.23 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $28.48 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | '2 years 3 months 6 days | '3 years 5 months 3 days | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | '2 years 0 months 12 days | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | '5 years 0 months 22 days | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | 16,671 | [2] | 11,918 | [2] |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value | 15,680 | [2] | ' | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value | $991 | [2] | ' | |
Cablevision and MSG Employees [Member] | Performance Vesting Options [Member] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 35,600 | 35,600 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 0 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 35,600 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | 0 | ' | ||
Cablevision and MSG Employees [Member] | Time Vesting Options [Member] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 285,908 | 326,376 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | -40,468 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 260,908 | ' | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | 25,000 | ' | ||
[1] | The aggregate intrinsic value is calculated as the difference between (i)B the exercise price of the underlying award and (ii)B the quoted price of AMC Networks ClassB A Common Stock on DecemberB 31, 2013 or DecemberB 31, 2012, as indicated. | |||
[2] | The aggregate intrinsic value is calculated as the difference between (i)B the exercise price of the underlying award and (ii)B the quoted price of AMC Networks ClassB A Common Stock on DecemberB 31, 2013 or DecemberB 31, 2012, as indicated, and DecemberB 31, 2013 in the case of the stock options expected to vest in the future. |
Equity_and_LongTerm_Incentive_4
Equity and Long-Term Incentive Plans (Schedule of Restricted Stock Activity) (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | -500,538 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | -38,000 | ' |
Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $36.38 | $34.16 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested, Weighted Average Grant Date Fair Value | $25.41 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $36.60 | ' |
Time Vesting Options [Member] | Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 288,607 | 433,030 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | -129,758 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | -14,665 | ' |
Performance Shares [Member] | Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 205,193 | 205,193 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | 0 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 0 | ' |
Cablevision and MSG Employees [Member] | Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $38.13 | $30.41 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested, Weighted Average Grant Date Fair Value | $25.53 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $37.87 | ' |
Cablevision and MSG Employees [Member] | Time Vesting Options [Member] | Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 152,271 | 470,361 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | -294,755 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | -23,335 | ' |
Cablevision and MSG Employees [Member] | Performance Shares [Member] | Restricted Shares [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 59,150 | 135,175 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | -76,025 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 0 | ' |
Equity_and_LongTerm_Incentive_5
Equity and Long-Term Incentive Plans (Schedule of Restricted Share Units) (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | -38,000 | ' |
Restricted Stock Units (RSUs) [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $51.84 | $45.01 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $59.57 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $50.33 | ' |
Time Vesting Options [Member] | Restricted Stock Units (RSUs) [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 604,833 | 337,634 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 294,470 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | -27,271 | ' |
Performance Vesting Options [Member] | Restricted Stock Units (RSUs) [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 180,142 | 97,915 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 82,227 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 0 | ' |
Equity_and_LongTerm_Incentive_6
Equity and Long-Term Incentive Plans (Schedule of Share Based Compensation Expense) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Allocated Share-based Compensation Expense | $20,299 | $17,202 | $15,589 |
Restricted shares and units [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Allocated Share-based Compensation Expense | 20,299 | 17,133 | 15,173 |
Employee Stock Options [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Allocated Share-based Compensation Expense | 0 | 69 | 839 |
Stock Appreciation Rights (SARs) [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Allocated Share-based Compensation Expense | $0 | $0 | ($423) |
Benefit_Plans_Narrative_Detail
Benefit Plans (Narrative) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Compensation and Retirement Disclosure [Abstract] | ' | ' | ' |
Benefit Plan Expense, Defined Benefit Plans and Defined Contribution Plans | $10,371 | $8,929 | $7,865 |
Related_Party_Transactions_Det
Related Party Transactions (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Related Party Transaction [Line Items] | ' | ' | ' |
Aggregate Voting Power Held By Related Party | 66.00% | ' | ' |
Revenues, Net From Related Parties | $31,188 | $32,195 | $31,885 |
Technical And Operating Charges From Related Parties | 324 | 620 | 5,040 |
Selling, General And Administrative Charges (Credits) From Related Parties | 2,721 | -206 | 57,004 |
Gain (Loss) Related to Litigation Settlement | 132,944 | 0 | 0 |
Deferred litigation settlement proceeds | 0 | 307,944 | ' |
Dish Network Contract Dispute [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Proceeds from Legal Settlements | ' | 175,000 | ' |
Temporay Allocation of Litigation Settlement Proceeds To The Company | ' | 350,000 | ' |
Deferred Revenue | ' | 31,000 | ' |
Prior Receivable Offset Against Litigation Settlement Proceeds | ' | 11,000 | ' |
Gain (Loss) Related to Litigation Settlement | ' | 132,944 | ' |
Deferred litigation settlement proceeds | ' | 307,944 | ' |
Dish Network Contract Dispute [Member] | AMC Networks Inc and CSC Holdings LLC [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Proceeds from Legal Settlements | ' | 700,000 | ' |
Dish Network Contract Dispute [Member] | CSC Holdings LLC [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Proceeds from Legal Settlements | ' | 525,000 | ' |
Litigation Settlement Proceeds Portion Allocated To Related Party | ' | $175,000 | ' |
Class A [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Percentage Of Common Stock Owned By Related Party | 2.00% | ' | ' |
Class B [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Percentage Of Common Stock Owned By Related Party | 100.00% | ' | ' |
Cash_Flows_Narrative_Details
Cash Flows (Narrative) (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2011 | Dec. 31, 2010 | |
Cash Flows [Line Items] | ' | ' |
Principal Amount Of Promissory Note | ' | $0 |
Debt Instrument, Interest Rate, Stated Percentage | ' | 8.63% |
Interest Income | 120,000 | ' |
Noncash Capital Distribution Of Note Receivable To Related Party | 17,113,000 | ' |
Net Receivable | 1,166,000 | ' |
Increase In Related Parties Employee Related Liabilities | -7,479,000 | ' |
Noncash Capital Distribution To Related Party Related To Employee Benefit Plans As A Result Of The Distribution | 6,313,000 | ' |
Unfunded Liability In Cash Balance Pension Plan | 5,904,000 | ' |
Increase In Due To Related Parties | 6,742,000 | ' |
Cablevision Excess Savings Plan [Member] | ' | ' |
Cash Flows [Line Items] | ' | ' |
Increase In Related Parties Employee Related Liabilities | -3,616,000 | ' |
Cablevision Excess Cash Balance Pension Plan [Member] | ' | ' |
Cash Flows [Line Items] | ' | ' |
Increase In Related Parties Employee Related Liabilities | ($3,863,000) | ' |
Cash_Flows_Summary_Of_NonCash_
Cash Flows (Summary Of Non-Cash Activities And Other Supplemental Data) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] | ' | ' | ' |
Leasehold Improvements Paid By Landlord | $100 | $2,938 | $150 |
Capital Lease Obligations Incurred | 865 | 1,398 | 39 |
Capital Expenditures Incurred but Not yet Paid | 3,202 | 5,397 | 0 |
Deemed Capital (Distribution) Contribution Related To The Utilization Of Related Party Tax Losses By Company | 0 | -1,794 | 36,867 |
Deemed Capital (Distribution) Contribution, Net, Related To Taxes | 0 | -1,148 | 44,598 |
Capital Distribution Of Promissory Note Receivable To Related Party | 0 | 0 | -17,113 |
Deemed Capital Distribution To Cablevision Related To Employee Benefit Plans As A Result Of The Distribution | 0 | 0 | -6,313 |
Deemed Capital Distribution Related To Tax Credits Utilized By Related Party | 0 | 0 | -2,586 |
Deemed Capital Distribution Associated With The Issuance Of Debt To Related Party | 0 | 0 | -1,250,000 |
Deemed Capital Contribution Related To Allocation Of Related Party Share Based Compensation Expense | 0 | 0 | 8,343 |
Cash Interest Paid, Continuing Operations | 112,053 | 113,493 | 78,714 |
Income Taxes Paid, Net, Continuing Operations | $135,708 | $40,522 | $11,569 |
Accumulated_Other_Comprehensiv1
Accumulated Other Comprehensive Loss (Schedule of Accumulated Other Comprehensive Loss) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Accumulated Other Comprehensive Income [Roll Forward] | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax | ($4,495) | ($8,446) | ' |
Other Comprehensive Income (Loss), Tax | -2,311 | ' | ' |
Other Comprehensive Income (Loss), Net of Tax | 3,951 | 3,581 | -12,027 |
Cash Flow Hedging [Member] | ' | ' | ' |
Accumulated Other Comprehensive Income [Roll Forward] | ' | ' | ' |
Other Comprehensive Income (Loss), before Reclassifications, before Tax | -1,018 | ' | ' |
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax | 7,280 | ' | ' |
Other Comprehensive Income (Loss), before Tax | $6,262 | ' | ' |
Segment_Information_Narrative_
Segment Information (Narrative) (Details) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Segment Reporting Information [Line Items] | ' | ' | ' |
Number of Operating Segments | 2 | ' | ' |
Sales Revenue, Services, Net [Member] | Customer1 [Member] | Customer Concentration Risk [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Concentration Risk, Percentage | 10.00% | 11.00% | 10.00% |
Sales Revenue, Services, Net [Member] | Customer2 [Member] | Customer Concentration Risk [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 12.00% |
Segment_Information_Summary_Of
Segment Information (Summary Of Continuing Operations By Reportable Segment) (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Advertising | ' | ' | ' | ' | ' | ' | ' | ' | $662,789 | $523,064 | $447,172 |
Distribution And Other | ' | ' | ' | ' | ' | ' | ' | ' | 929,069 | 829,513 | 740,569 |
Revenues, Net | 435,247 | 395,328 | 379,322 | 381,961 | 366,712 | 332,056 | 327,570 | 326,239 | 1,591,858 | 1,352,577 | 1,187,741 |
Adjusted Operating Cash Flow (Deficit) | ' | ' | ' | ' | ' | ' | ' | ' | 524,189 | 465,417 | 441,713 |
Depreciation And Amortization | ' | ' | ' | ' | ' | ' | ' | ' | -54,667 | -85,380 | -99,848 |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | ' | -20,299 | -17,202 | -15,589 |
Restructuring Charges | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 3 | 240 |
Gain (Loss) Related to Litigation Settlement | ' | ' | ' | ' | ' | ' | ' | ' | 132,944 | 0 | 0 |
Operating Income | 84,972 | 122,387 | 247,324 | 127,484 | 80,664 | 86,859 | 98,276 | 97,039 | 582,167 | 362,838 | 326,516 |
Capital Expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 24,303 | 18,557 | 15,371 |
Operating Segments [Member] | International and Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Advertising | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 147 | 177 |
Distribution And Other | ' | ' | ' | ' | ' | ' | ' | ' | 122,429 | 114,394 | 125,396 |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | 122,429 | 114,541 | 125,573 |
Adjusted Operating Cash Flow (Deficit) | ' | ' | ' | ' | ' | ' | ' | ' | -35,466 | -30,040 | -4,976 |
Depreciation And Amortization | ' | ' | ' | ' | ' | ' | ' | ' | -16,794 | -14,944 | -14,147 |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | ' | -4,086 | -3,626 | -3,007 |
Restructuring Charges | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | 240 |
Gain (Loss) Related to Litigation Settlement | ' | ' | ' | ' | ' | ' | ' | ' | 132,944 | ' | ' |
Operating Income | ' | ' | ' | ' | ' | ' | ' | ' | 76,598 | -48,607 | -21,890 |
Capital Expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 19,210 | 13,016 | 12,554 |
Operating Segments [Member] | National Networks [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Advertising | ' | ' | ' | ' | ' | ' | ' | ' | 662,789 | 522,917 | 447,449 |
Distribution And Other | ' | ' | ' | ' | ' | ' | ' | ' | 822,227 | 731,269 | 634,909 |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | 1,485,016 | 1,254,186 | 1,082,358 |
Adjusted Operating Cash Flow (Deficit) | ' | ' | ' | ' | ' | ' | ' | ' | 555,911 | 492,129 | 447,555 |
Depreciation And Amortization | ' | ' | ' | ' | ' | ' | ' | ' | -37,873 | -70,436 | -85,701 |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | ' | -16,213 | -13,576 | -12,582 |
Restructuring Charges | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Gain (Loss) Related to Litigation Settlement | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Operating Income | ' | ' | ' | ' | ' | ' | ' | ' | 501,825 | 408,117 | 349,272 |
Capital Expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 5,093 | 5,541 | 2,817 |
Intersegment Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Advertising | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -454 |
Distribution And Other | ' | ' | ' | ' | ' | ' | ' | ' | -15,587 | -16,150 | -19,736 |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | -15,587 | -16,150 | -20,190 |
Adjusted Operating Cash Flow (Deficit) | ' | ' | ' | ' | ' | ' | ' | ' | 3,744 | 3,328 | -866 |
Depreciation And Amortization | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Restructuring Charges | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Gain (Loss) Related to Litigation Settlement | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Operating Income | ' | ' | ' | ' | ' | ' | ' | ' | 3,744 | 3,328 | -866 |
Capital Expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Intersegment Eliminations [Member] | International and Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | -15,403 | -15,581 | -19,736 |
Intersegment Eliminations [Member] | National Networks [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | ($184) | ($569) | ($454) |
Segment_Information_Summary_Of1
Segment Information (Summary Of Inter-Segment Eliminations) (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | $435,247 | $395,328 | $379,322 | $381,961 | $366,712 | $332,056 | $327,570 | $326,239 | $1,591,858 | $1,352,577 | $1,187,741 |
Intersegment Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | -15,587 | -16,150 | -20,190 |
Intersegment Eliminations [Member] | National Networks [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | -184 | -569 | -454 |
Intersegment Eliminations [Member] | International and Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | ' | ' | ' | ' | ' | ' | ' | ' | ($15,403) | ($15,581) | ($19,736) |
Other_Matters_Narrative_Detail
Other Matters (Narrative) (Details) | 12 Months Ended | 1 Months Ended | ||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jan. 31, 2014 | Jan. 31, 2014 | Jan. 31, 2014 | |
USD ($) | USD ($) | USD ($) | Subsequent Event [Member] | Subsequent Event [Member] | December 16, 2013 Credit Facility [Member] | |
USD ($) | EUR (€) | Term-A Facility [Member] | ||||
Country | Subsequent Event [Member] | |||||
USD ($) | ||||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' |
Purchase Price To Acquire An Entity | ' | ' | ' | $1,000,000,000 | € 750,000,000 | ' |
Proceeds from the issuance of long-term debt | $880,000,000 | $589,500,000 | $1,442,364,000 | ' | ' | $600,000,000 |
Number of Households | ' | ' | ' | 390,000,000 | 390,000,000 | ' |
Number of countries | ' | ' | ' | 130 | 130 | ' |
Interim_Financial_Information_2
Interim Financial Information (Unaudited) (Schedule of Quarterly Financial Information) (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Quarterly Financial Information Disclosure [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues, Net | $435,247 | $395,328 | $379,322 | $381,961 | $366,712 | $332,056 | $327,570 | $326,239 | $1,591,858 | $1,352,577 | $1,187,741 |
Operating Expenses | -350,275 | -272,941 | -131,998 | -254,477 | -286,048 | -245,197 | -229,294 | -229,200 | -1,009,691 | -989,739 | -861,225 |
Operating Income | 84,972 | 122,387 | 247,324 | 127,484 | 80,664 | 86,859 | 98,276 | 97,039 | 582,167 | 362,838 | 326,516 |
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest | 34,962 | 57,950 | 135,731 | 61,517 | 15,191 | 36,543 | 41,405 | 43,077 | 290,160 | 136,216 | 126,362 |
Income from discontinued operations, net of income taxes | ' | ' | ' | ' | 0 | 105 | 105 | 104 | 0 | 314 | 92 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 34,962 | 57,950 | 135,731 | 61,517 | ' | ' | ' | ' | 290,160 | 136,530 | 126,454 |
Net Income | $35,379 | $58,111 | $135,731 | $61,517 | $15,191 | $36,648 | $41,510 | $43,181 | $290,738 | $136,530 | $126,454 |
Earnings Per Share, Basic [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income From Continuing Operations | $0.49 | $0.81 | $1.90 | $0.86 | $0.22 | $0.52 | $0.59 | $0.62 | $4.06 | $1.94 | $1.82 |
Income From Discontinued Operations | ' | ' | ' | ' | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Net Income | $0.49 | $0.81 | $1.90 | $0.86 | $0.22 | $0.52 | $0.59 | $0.62 | $4.06 | $1.94 | $1.83 |
Earnings Per Share, Diluted [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income From Continuing Operations | $0.49 | $0.80 | $1.87 | $0.85 | $0.21 | $0.51 | $0.57 | $0.60 | $4 | $1.89 | $1.79 |
Income From Discontinued Operations | ' | ' | ' | ' | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Net Income | $0.49 | $0.80 | $1.87 | $0.85 | $0.21 | $0.51 | $0.58 | $0.60 | $4 | $1.89 | $1.79 |
Schedule_II_Valuation_and_Qual1
Schedule II Valuation and Qualifying Accounts (Table) (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Movement in Valuation Allowances and Reserves [Roll Forward] | ' | ' | ' |
Valuation Allowances And Reserves, Balance At Beginning Of Period | $1,378 | $3,092 | $8,321 |
Valuation Allowances And Reserves, Charged To Cost And Expense | 1,440 | -1,265 | 338 |
Valuation Allowances And Reserves, Deductions | -1,887 | -449 | -5,567 |
Valuation Allowances And Reserves, Balance At End Of Period | $931 | $1,378 | $3,092 |