AMC Networks (AMCX) 10-Q 2 Aug 18 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 27, 2018
Entity Registrant Name	AMC Networks Inc.
Entity Central Index Key	1,514,991
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A [Member]
Entity Common Stock, Shares Outstanding		45,443,965
Common Class B [Member]
Entity Common Stock, Shares Outstanding		11,484,408

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 416,124	$ 558,783
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts of $9,582 and $9,691)	818,730	775,891
Current portion of program rights, net	462,866	453,450
Prepaid expenses and other current assets	110,437	91,726
Total current assets	1,808,157	1,879,850
Property and equipment, net of accumulated depreciation of $280,301 and $259,919	214,054	183,514
Program rights, net	1,218,682	1,319,279
Deferred carriage fees, net	23,671	29,924
Intangible assets, net	479,163	457,242
Goodwill	710,047	695,158
Deferred tax asset, net	27,547	20,081
Other assets	592,046	447,937
Total assets	5,073,367	5,032,985
Current Liabilities:
Accounts payable	105,015	102,197
Accrued liabilities	216,481	263,076
Current portion of program rights obligations	347,076	327,549
Deferred revenue	62,191	46,433
Current portion of capital lease obligations	4,630	4,847
Total current liabilities	735,393	744,102
Program rights obligations	442,665	534,980
Long-term debt	3,103,056	3,099,257
Capital lease obligations	23,739	26,277
Deferred tax liability, net	149,599	109,698
Other liabilities	173,756	136,122
Total liabilities	4,628,208	4,650,436
Commitments and contingencies
Redeemable noncontrolling interests	249,739	218,604
Stockholders' equity:
Preferred stock, $0.01 par value, 45,000 shares authorized; none issued	0	0
Paid-in capital	215,989	191,303
Accumulated earnings	1,045,806	766,725
Treasury stock, at cost (17,791 and 13,120 shares Class A Common Stock, respectively)	(951,850)	(709,440)
Accumulated other comprehensive loss	(144,793)	(114,386)
Total AMC Networks stockholders' equity	165,899	134,944
Non-redeemable noncontrolling interests	29,521	29,001
Total stockholders' equity	195,420	163,945
Total liabilities and stockholders' equity	5,073,367	5,032,985
Common Class A [Member]
Stockholders' equity:
Common stock	632	627
Common Class B [Member]
Stockholders' equity:
Common stock	$ 115	$ 115

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accounts receivable, trade, allowance for doubtful accounts	$ 9,582	$ 9,691
Property and equipment, accumulated depreciation	$ 280,301	$ 259,919
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	45,000,000	45,000,000
Preferred stock, shares issued	0	0
Common 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	63,235,291	62,721,145
Common stock, shares outstanding	45,443,965	49,601,184
Treasury stock, shares	17,791,326	13,119,961
Common 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	11,484,408
Common stock, shares outstanding	11,484,408	11,484,408

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenues, net (including revenues, net from related parties of $1,547, $1,512, $3,174 and $3,079, respectively)	$ 761,385	$ 710,545	$ 1,502,208	$ 1,430,734
Operating expenses
Technical and operating (excluding depreciation and amortization)	376,809	334,845	697,174	633,457
Selling, general and administrative (including charges from related parties of $206, $415, $668 and $989, respectively)	171,376	162,273	337,825	325,982
Depreciation and amortization	21,669	20,606	42,023	44,099
Impairment and related charges	0	17,112	0	17,112
Restructuring expense (credit)	0	(81)	0	2,623
Total operating expenses	569,854	534,755	1,077,022	1,023,273
Operating income	191,531	175,790	425,186	407,461
Other income (expense):
Interest expense	(39,265)	(30,718)	(77,470)	(61,217)
Interest income	5,332	3,767	10,351	7,259
Miscellaneous, net	(14,719)	18,980	2,227	30,028
Total other income (expense)	(48,652)	(7,971)	(64,892)	(23,930)
Income from operations before income taxes	142,879	167,819	360,294	383,531
Income tax expense	(32,547)	(60,193)	(89,426)	(133,275)
Net income including noncontrolling interests	110,332	107,626	270,868	250,256
Net income attributable to noncontrolling interests	(4,151)	(5,028)	(7,817)	(11,442)
Net income attributable to AMC Networks' stockholders	$ 106,181	$ 102,598	$ 263,051	$ 238,814
Net income per share attributable to AMC Networks' stockholders:
Basic	$ 1.84	$ 1.55	$ 4.43	$ 3.56
Diluted	$ 1.82	$ 1.54	$ 4.38	$ 3.52
Weighted average common shares
Basic	57,758	66,224	59,354	67,117
Diluted	58,387	66,789	60,044	67,771

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Net revenues from related parties	$ 1,547	$ 1,512	$ 3,174	$ 3,079
Selling, general and administrative charges from related parties	$ 206	$ 415	$ 668	$ 989

Condensed Consolidated Stateme6

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income including noncontrolling interests	$ 110,332	$ 107,626	$ 270,868	$ 250,256
Other comprehensive income (loss):
Foreign currency translation adjustment	7,780	37,820	26,585	47,684
Unrealized gain (loss) on interest rate swaps	0	(180)	0	139
Unrealized gain (loss) on available for sale securities	0	(1,083)	0	2,938
Other comprehensive income, before income taxes	7,780	36,557	26,585	50,761
Income tax expense	0	465	0	(1,132)
Other comprehensive income, net of income taxes	7,780	37,022	26,585	49,629
Comprehensive income	118,112	144,648	297,453	299,885
Comprehensive income attributable to noncontrolling interests	(2,173)	(6,559)	(6,736)	(13,364)
Comprehensive income attributable to AMC Networks' stockholders	$ 115,939	$ 138,089	$ 290,717	$ 286,521

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income including noncontrolling interests	$ 270,868	$ 250,256
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	42,023	44,099
Impairment and related charges	0	17,112
Share-based compensation expense related to equity classified awards	35,072	27,595
Amortization and write-off of program rights	468,957	433,023
Amortization of deferred carriage fees	8,803	8,803
Unrealized foreign currency transaction gain	(1,866)	(8,118)
Unrealized gain on derivative contracts, net	(17,322)	(21,790)
Amortization of deferred financing costs and discounts on indebtedness	3,800	4,551
Bad debt expense	1,924	2,208
Deferred income taxes	29,290	11,914
Other, net	6,944	(3,642)
Changes in assets and liabilities:
Accounts receivable, trade (including amounts due from related parties, net)	(40,419)	(43,503)
Prepaid expenses and other assets	(12,377)	(31,141)
Program rights and obligations, net	(471,385)	(458,480)
Income taxes payable	(1,829)	(10,094)
Deferred revenue	4,392	(9,908)
Deferred carriage fees, net	(2,448)	(3,313)
Accounts payable, accrued liabilities and other liabilities	(45,850)	(43,595)
Net cash provided by operating activities	278,577	165,977
Cash flows from investing activities:
Capital expenditures	(37,402)	(39,936)
Return of capital from investees	347	0
Investment in and loans to investees	(87,488)	(43,000)
Payments for acquisition of a business, net of cash acquired	(34,879)	0
Net cash used in investing activities	(159,422)	(82,936)
Cash flows from financing activities:
Principal payments on long-term debt	0	(110,965)
Deemed repurchases of restricted stock units	(15,734)	(13,373)
Purchase of treasury stock	(242,409)	(244,374)
Proceeds from stock option exercises	4,317	0
Principal payments on capital lease obligations	(2,625)	(2,526)
Distributions to noncontrolling interests	(6,967)	(12,930)
Net cash used in financing activities	(263,418)	(384,168)
Net decrease in cash and cash equivalents from operations	(144,263)	(301,127)
Effect of exchange rate changes on cash and cash equivalents	1,604	9,217
Cash and cash equivalents at beginning of period	558,783	481,389
Cash and cash equivalents at end of period	$ 416,124	$ 189,479

Description Of Business And Bas

Description Of Business And Basis Of Presentation	6 Months Ended
	Jun. 30, 2018
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 its subsidiaries (collectively referred to as the "Company") own and operate entertainment businesses and assets. The Company is comprised of two operating segments: • National Networks: Includes activities of our five national programming networks, AMC Studios operations and AMC Broadcasting & Technology. Our national programming networks are AMC, WE tv, BBC AMERICA, IFC and SundanceTV in the U.S.; and AMC and IFC in Canada. Our AMC Studios operations produces original programming for our programming networks and also licenses such program rights worldwide. AMC Networks Broadcasting & Technology is our technical services business, which primarily services most of the national programming networks. • International and Other : Principally includes AMC Networks International (AMCNI), the Company's international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Company's independent film distribution business; Levity Entertainment Group ("Levity") (acquired April 20, 2018), our production services and comedy venues company; and our subscription streaming services, Sundance Now and Shudder. AMCNI – DMC, the broadcast solutions unit of certain networks of AMCNI and third-party networks is included through the date sold, July 12, 2017. Basis of Presentation Principles of Consolidation These unaudited condensed consolidated financial statements include the accounts of AMC Networks and its majority owned or controlled subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Investments in business entities in which the Company lacks control but does have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method of accounting. Unaudited Interim Financial Statements These condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and Article 10 of Regulation S-X of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the Company's consolidated financial statements and notes thereto for the year ended December 31, 2017 contained in the Company's Annual Report on Form 10-K (" 2017 Form 10-K") filed with the SEC. The condensed consolidated financial statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, such financial statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2018 . Program Rights 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 limited, or no, future programming usefulness, a write-off of the unamortized cost is included in technical and operating expense. Program rights write-offs were $3.9 million and $1.4 million for the three months ended June 30, 2018 and June 30, 2017 , respectively. Program rights write-offs were $9.2 million and $1.8 million for the six months ended June 30, 2018 and June 30, 2017 , respectively. Use of Estimates 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 derivative assets and liabilities, certain stock compensation awards, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and intangible assets and income tax assets and liabilities. Financial Assets and Liabilities The Company adopted Accounting Standards Update ("ASU") No. 2016-01 Financial Instruments-Recognition and Measurement of Financial Assets and Financial Liabilities on January 1, 2018, which requires that investments in equity securities (excluding equity method investments) be measured at fair value with changes in fair value recognized in earnings. Under prior accounting guidance, changes in fair value of available-for-sale equity securities were recorded in other comprehensive income. The adoption did not have a significant impact to these condensed consolidated financial statements. Adoption of New Revenue Recognition Standard The Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) on January 1, 2018, using the modified retrospective method for all contracts not completed as of the date of adoption. The reported results as of and for the three and six month periods ended June 30, 2018 reflect the application of the new standard, while the reported results for 2017 have not been adjusted to reflect the new standard and were prepared under prior revenue recognition accounting guidance. The adoption of the new standard did not result in significant changes in the way the Company records distribution and advertising revenues. However, as a result of applying the new standard, there are certain components of the Company’s distribution revenues where the new standard generally results in earlier recognition of revenue compared to its historical policies due to: (i) the requirement to estimate and recognize variable consideration prior to such amounts becoming fixed and determinable, (ii) recognition of royalties in the period of usage, and (iii) recognition of certain arrangements with minimum guarantees on a time-based (straight-line) basis. See Note 2 for more information. As a result of adopting Topic 606, the Company recorded an increase to opening retained earnings of approximately $12.8 million , net of tax, as of January 1, 2018. The following table provides changes to the opening balances of current assets, total assets, current liabilities and total liabilities resulting from the adoption of the new guidance. (In thousands) December 31, Impact of January 1, Current assets $ 1,879,850 $ 3,658 $ 1,883,508 Total assets 5,032,985 19,899 5,052,884 Current liabilities 744,102 835 744,937 Total liabilities 4,650,436 7,115 4,657,551 The amount by which each financial statement line item has been affected in the current reporting period by the application of Topic 606 compared to historical policies is not material, therefore, comparative disclosures have been omitted. Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU No. 2016-02, Leases (Topic 842) . ASU 2016-02 requires lessees to record most of their leases on the balance sheet, which will be recognized as a right-of-use asset and a lease liability. The Company will be required to classify each separate lease component as an operating or finance lease at the lease commencement date. Initial measurement of the right-of-use asset and lease liability is the same for operating and finance leases, however expense recognition and amortization of the right-of-use asset differs. Operating leases will reflect lease expense on a straight-line basis similar to current operating leases. The straight-line expense will reflect the interest expense on the lease liability (effective interest method) and amortization of the right-of-use asset, which will be presented as a single line item in the operating expense section of the income statement. Finance leases will reflect a front-loaded expense pattern similar to the pattern for current capital leases. ASU 2016-02 is effective for the first quarter of 2019, with early adoption permitted. The Company is currently determining its implementation approach and assessing the impact the adoption will have on its consolidated financial statements.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	Revenue Recognition Revenue is recognized when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer ("transaction price"). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. Amounts collected on behalf of others (including taxes), where the Company is an agent, are excluded from revenue. When determining the transaction price of a contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. Applying a practical expedient in the new standard, the Company does not assess whether a significant financing component exists if the period between when the Company performs its obligations under the contract and when the customer pays is one year or less. Contracts with customers may contain multiple performance obligations. For such arrangements, the transaction price is allocated to each performance obligation based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. The Company determines standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, the Company estimates the standalone selling price considering available information such as market conditions and internal pricing guidelines related to the performance obligations. Contracts may be modified to account for changes in contract specifications and requirements. Contract modifications exist when the modification either creates new or changes existing enforceable rights and obligations. The effect of a contract modification on the transaction price and measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. The Company primarily earns revenue from the distribution of its programming services, including licensing of its programming and other content, and advertising. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each major source of revenue from contracts with customers is described below. Distribution The majority of the Company’s distribution revenues relate to sales-based and usage-based royalties which are recognized on the later of (i) when the subsequent sale or usage occurs and (ii) when the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied or partially satisfied. Occasionally, the Company incurs costs to obtain a distribution contract and these costs are amortized over the period of the related distribution contract as a reduction of revenue. Subscription fee revenue: Subscription fees are earned from cable and other multichannel video programming distribution platforms, including direct broadcast satellite ("DBS"), platforms operated by telecommunications providers and virtual multichannel video programming distributors (collectively "distributors"), for the rights to use the Company's network programming under multi-year contracts, commonly referred to as "affiliation agreements." The Company's performance obligations under affiliation agreements are satisfied as the Company provides its programming over the term of the agreement. The transaction price is represented by subscription fees that are generally based upon (i) contractual rates applied to the number of the distributor's subscribers who receive or can receive our programming ("rate-per-subscriber"), or (ii) fixed contractual monthly fees ("fixed fee"). For rate-per-subscriber agreements, the Company applies the sales-based or usage-based royalty guidance, and accordingly, recognizes revenue in the period of the distributor’s usage, based on the subscription fee earned during the period. Fixed fee affiliation agreements are generally billed in monthly installments, and such amounts may vary over the term of the contract. In cases where the invoice amount corresponds directly with the value to the affiliate of the performance to-date, the Company recognizes revenue based on the invoiced amount. In cases where changes in fees during the contract term do not correspond directly to the value of the performance to-date (for example, if the fees vary over the contract term due to a significant financing or credit risk component), the Company recognizes the total amount of fixed transaction price over the contract period using a time-based (e.g., straight-line) measure of progress. Certain of the Company’s fixed fee affiliation agreements contain guaranteed minimum fees that are recoupable during the term of the agreement, and variable fees based on rates-per-subscriber after the guaranteed minimum is recouped. The Company recognizes revenue for the fixed consideration over the minimum guarantee period and recognizes variable fees only when cumulative consideration exceeds the minimum guarantee. Subscription revenue from the Company's direct-to-consumer subscription streaming services is recognized as the streaming service is provided to customers. Content licensing revenue: The Company licenses its original programming content to certain distributors under subscription video on-demand ("SVOD"), pay-per-view ("PPV") and electronic sell-through ("EST") arrangements. Under these arrangements, our performance obligation is to provide the distributor the right to use our programming as it exists at a point in time. For SVOD arrangements, the Company adjusts the transaction price for the time value of money in cases where license fees are paid over several years. SVOD licensing revenue is recognized at the later of the beginning of the license period, or when we provide the programming to the distributor. The Company recognizes a contract asset for the difference between the revenue recognized and the amount we are permitted to invoice. For PPV and EST license fee arrangements, the Company applies the sales-based or usage-based royalty guidance and recognizes revenue in the period of end-customer purchases, based on the fees earned during the period. The Company also licenses trademarks, logos, brands, derivative character copyrights, etc. under multi-year arrangements. Under these arrangements, the Company may receive a non-refundable minimum guarantee that is recoupable against a volume-based royalty throughout the term of the agreement. The Company adjusts the transaction price for the time value of money in cases where license fees are paid over several years. The Company recognizes revenue for the minimum guarantee on a straight-line basis over the term of the agreement, and recognizes variable fees only when cumulative consideration exceeds the minimum guarantee. For production services arrangements, the Company recognizes revenue based on the percentage of cost incurred to total estimated cost of the contract. The Company’s payment terms vary by the type and location of customer. Generally, payment terms are 30-45 days after revenue is earned. In certain limited circumstances, agreements with customers have payment terms in excess of one-year after satisfaction of the performance obligation. Advertising The Company generates revenues from the sale of advertising time on its networks. In such arrangements, the Company generally promises to air a certain number of commercials (spots) and to generate guaranteed viewer ratings for an audience demographic (impressions) over a period that generally does not exceed one year. The promise to deliver impressions by airing spots represents the Company’s performance obligation. Advertising revenues are recognized, net of agency commissions, as commercials are aired, to the extent that guaranteed viewer ratings are achieved. A contract liability is recognized to the extent the guaranteed viewer ratings are not met, and is subsequently recognized as revenue either when the Company provides the required additional advertising or the guarantee obligation contractually expires, which is generally within one year. Generally, payment terms are 30 days after revenue is earned. Transaction Price Allocated to Future Performance Obligations The new standard requires disclosure of the aggregate amount of transaction price that is allocated to performance obligations that have not yet been satisfied as of June 30, 2018 . However, the guidance does not apply to sales-based or usage-based royalty arrangements and also provides certain practical expedients that allow companies to omit this disclosure requirement for (i) contracts with an original expected length of one year or less, (ii) contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed and (iii) variable consideration related to a wholly unsatisfied performance obligation. As of June 30, 2018 , other than contracts for which the Company has applied the practical expedients, the aggregate amount of transaction price allocated to remaining performance obligations was not material to our consolidated revenues. Contract Balances from Contracts with Customers The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities on the Consolidated Balance Sheet. For certain types of contracts with customers, the Company may recognize revenue in advance of the contractual right to invoice the customer, resulting in an amount recorded to contract assets. Once the Company has an unconditional right to consideration under a contract, the contract assets are reclassified to account receivables. When consideration is received, or such consideration is unconditionally due, from a customer prior to transferring goods or services to the customer under the terms of a contract, a contract liability is recorded. Contract liabilities are recognized as revenue when, or as, control of the products or services is transferred to the customer and all revenue recognition criteria have been met. The primary source of the Company’s contract liabilities relates to advertising sales arrangements and content licensing arrangements. As noted above, the Company’s programming networks generally guarantee viewer ratings for its programming. If these guaranteed viewer ratings are not met, the Company is required to provide additional advertising units to the advertiser. For these types of arrangements, a portion of the related revenue is deferred if the guaranteed ratings are not met, representing a contract liability, and is subsequently recognized either when the Company provides the required additional advertising time or the guarantee obligation contractually expires. In certain content licensing arrangements, payment may be received in advance of a distributor's ability to exhibit a program. Such payments are recorded as a contract liability and subsequently recognized when the program becomes available for exhibition. The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers. (In thousands) June 30, 2018 December 31, 2017 (a) Balances from contracts with customers: Accounts receivable (including long-term, included in Other assets) $ 1,019,499 $ 926,089 Contract assets, short-term (included in Other current assets) 5,460 — Contract assets, long-term (included in Other assets) 6,598 — Contract liabilities (Deferred revenue) 62,191 46,433 (a) As noted above, prior period amounts have not been adjusted under the modified retrospective method. Revenue recognized for the six months ended June 30, 2018 relating to the contract liability at December 31, 2017 was $27.7 million .

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Net Income Per Share	Net Income per Share The following is a reconciliation between basic and diluted weighted average shares outstanding: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic weighted average common shares outstanding 57,758 66,224 59,354 67,117 Effect of dilution: Stock options 5 — 3 — Restricted stock units 624 565 687 654 Diluted weighted average common shares outstanding 58,387 66,789 60,044 67,771 Approximately 1.5 million and 1.0 million restricted stock units outstanding as of June 30, 2018 and June 30, 2017 , respectively, have been excluded from diluted weighted average common shares outstanding since a performance condition for these awards was not met in each of the respective periods. As of June 30, 2017 , there were approximately 0.4 million stock options that would have been anti-dilutive to the diluted weighted average common shares outstanding. Stock Repurchase Program On March 7, 2016, the Company announced that its Board of Directors authorized a program to repurchase up to $500 million of its outstanding shares of common stock (the "Stock Repurchase Program"). On June 6, 2017, the Board of Directors approved an increase of $500 million and on June 13, 2018, the Board of Directors approved an additional increase of $500 million in the amount authorized for a total of $1.5 billion authorized under the Stock Repurchase Program. The Stock Repurchase Program has no pre-established closing date and may be suspended or discontinued at any time. For the six months ended June 30, 2018 , the Company repurchased 4.7 million shares of its Class A common stock at an average purchase price of approximately $51.89 per share. As of June 30, 2018 , the Company has $600.1 million available for repurchase under the Stock Repurchase Program.

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Business Combination Disclosure	Business Combinations Levity Entertainment Group LLC On April 20, 2018, the Company acquired a 57% controlling interest in Levity Entertainment Group LLC ("Levity"), a media company that owns and operates comedy venues as well as produces original content for distribution, for a total purchase price of $48.4 million . The purchase price consisted of $35.0 million payment for the outstanding Class B Common Units of Levity and the acquisition of Series L Preferred Units for $13.4 million . The Company views this acquisition as complementary to its business and programming content strategy. The Company accounted for the acquisition of Levity using the acquisition method of accounting. The acquisition method of accounting requires, among other things, that the assets acquired and liabilities assumed in a business combination be measured at their estimated respective fair values as of the closing date of the acquisition. Goodwill recognized in connection with this transaction represents primarily the potential economic benefits that the Company believes may arise from the acquisition. The goodwill associated with the Levity acquisition is generally deductible for tax purposes. The acquisition accounting for Levity as reflected in these condensed consolidated financial statements is preliminary and based on current estimates and currently available information, and is subject to revision based on final determinations of fair value and final allocations of purchase price to the identifiable assets and liabilities acquired. The primary estimated fair values that are not yet finalized relate to the valuation of property and equipment, intangible assets, other assets, current liabilities, and redeemable noncontrolling interests. The following table summarizes the preliminary valuation of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands). Cash paid for controlling interest $ 48,350 Redeemable noncontrolling interest 30,533 $ 78,883 Allocation to net assets acquired: Cash 13,471 Other current assets 17,251 Property and equipment 20,663 Intangible assets 45,613 Other noncurrent assets 3,306 Current liabilities (23,951 ) Noncurrent liabilities (21,394 ) Noncontrolling interests acquired (1,354 ) Fair value of net assets acquired 53,605 Goodwill 25,278 $ 78,883 Unaudited Pro forma financial information The following unaudited pro forma financial information is based on (i) the historical financial statements of AMC Networks and (ii) the historical financial statements of Levity and is intended to provide information about how the acquisition may have affected the Company's historical consolidated financial statements if it had occurred as of January 1, 2017. The unaudited pro forma information has been prepared for comparative purposes only and includes adjustments for estimated additional depreciation and amortization expense as a result of tangible and identifiable intangible assets acquired. The pro forma information is not necessarily indicative of the results of operations that would have been achieved had the acquisition taken place on the date indicated or that may result in the future. (In thousands) Unaudited Pro Forma Financial Information for the three months ended June 30, Unaudited Pro Forma Financial Information for the six months ended June 30, 2018 2017 2018 2017 Revenues, net $ 772,078 $ 741,058 $ 1,552,633 $ 1,491,746 Income from operations, net of income taxes $ 105,291 $ 103,287 $ 261,809 $ 239,447 Net income per share, basic $ 1.82 $ 1.56 $ 4.41 $ 3.57 Net income per share, diluted $ 1.80 $ 1.55 $ 4.36 $ 3.53 Revenues, net and operating income attributable to Levity of $29.6 million and $1.2 million , respectively are included in the consolidated statement of income from the acquisition date, April 20, 2018, to June 30, 2018. For the six months ended June 30, 2018, the Company incurred acquisition related costs of $1.2 million which are included in selling, general and administrative expense.

Investments

Investments	6 Months Ended
	Jun. 30, 2018
Investments [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure	Investments Equity Method Investments The Company holds several investments and loans in non-consolidated entities. Equity method investments were $93.7 million at June 30, 2018 and $61.3 million at December 31, 2017 . RLJE On January 5, 2018, a subsidiary of the Company entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") with JH Partners Evergreen Fund, L.P., Forrestal, LLC, JH Investment Partners III, L.P., and JH Investment Partners GP Fund III, LLC (collectively, "JH Partners"). Under the terms of the Stock Purchase Agreement, the Company purchased (i) 678,095 shares of common stock of RLJ Entertainment, Inc., ("RLJE"), (ii) 747,945 warrants to purchase shares of common stock of RLJE with an adjusted exercise price of $1.50 per share issued, and (iii) 7,479.432 shares of Series D-1 preferred stock of RLJE. The total purchase price was $17.2 million . On February 26, 2018, the Company delivered a letter to RLJE pursuant to which the Company proposed to acquire all of the outstanding shares of RLJE not currently owned by the Company or entities affiliated with Robert L. Johnson for a purchase price of $4.25 per share in cash. Through this offer, the Company intends for RLJE to become a majority-owned subsidiary of the Company, with a minority stake held by Mr. Johnson. On July 29, 2018, the Company, Digital Entertainment Holdings LLC, a wholly owned subsidiary of the Company ("DEH"), and River Merger Sub Inc., a owned subsidiary of DEH ("Merger Sub"), and RLJE entered into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which the Company has agreed to acquire all of the outstanding shares of RLJE not currently owned by the Company or entities affiliated with Robert L. Johnson for a purchase price of approximately $65.3 million , or $6.25 per share in cash. The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, Merger Sub will merge with and into RLJE, with RLJE continuing as the surviving corporation and a subsidiary of DEH (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of RLJE’s common stock, par value $0.001 per share (the "RLJE Common Stock"), issued and outstanding immediately prior to the Effective Time, except for certain excluded shares (which include shares beneficially owned by the Company, DEH and their affiliates), will be automatically converted into the right to receive $6.25 in cash without interest (the "Per Share Merger Consideration"). The Merger Agreement also includes provisions for the payment at the Effective Time of consideration, calculated based on the amount of the Per Share Merger Consideration, to the holders of outstanding RLJE preferred stock who elect to receive such cash consideration and holders of warrants to purchase RLJE Common Stock, except for certain excluded shares (which include shares beneficially owned by the Company, DEH and their affiliates). Such holders of outstanding RLJE preferred stock will be entitled to receive $7.81 per underlying share of RLJE Common Stock, in accordance with the terms of the RLJE preferred stock, if they elect cash as their consideration. Such holders of outstanding warrants will be paid the difference between $6.25 and the per share exercise price of their warrants. The Merger Agreement contains certain customary termination rights for DEH and RLJE and further provides that (i) a termination fee equal to $6.75 million will be payable to DEH by RLJE in connection with termination of the Merger Agreement due to a change of recommendation by the Special Committee of the RLJE board of directors (the "RLJE Special Committee") to accept a Superior Proposal (as defined in the Merger Agreement) and (ii) the documented, out-of-pocket expenses of DEH incurred in connection with the Merger Agreement up to a maximum of $3 million will be payable to DEH by RLJE in connection with the termination of the Merger Agreement due to a change of recommendation by the RLJE Special Committee as a result of an Intervening Event (as defined in the Merger Agreement). Consummation of the Merger is subject to customary conditions, including conditions relating to (i) the approval of the Merger Agreement by the requisite vote of the RLJE stockholders, (ii) the absence of any order, law or other legal restraint preventing or making unlawful the consummation of the Merger and (iii) the absence of a Material Adverse Effect (as defined in the Merger Agreement) that remains in effect. Robert L. Johnson will hold a minority stake in DEH following the Merger. Simultaneously with the execution of the Merger Agreement, DEH has entered into separate arrangements with Mr. Johnson related to the contribution of his RLJE securities to DEH immediately prior to the Merger, his vote for and support of the Merger and governance matters following the Merger. Marketable Equity Securities The Company classifies publicly traded investments with readily determinable fair values that are not accounted for under the equity method as marketable equity securities. Marketable equity securities are recorded at cost and adjusted to fair value at each reporting period. The changes in fair value between measurement dates are recorded in realized and unrealized gains (losses) on equity securities, included in Miscellaneous, net in the condensed consolidated statement of income. Investments in marketable equity securities were $7.8 million at June 30, 2018 and $10.7 million at December 31, 2017 and are included in Other assets in the condensed consolidated balance sheet. Non-marketable Equity Securities The Company classifies investments without readily determinable fair values that are not accounted for under the equity method as non-marketable equity securities. The accounting guidance requires non-marketable equity securities to be recorded at cost and adjusted to fair value at each reporting period. However, the guidance allows for a measurement alternative, which is to record the investments at cost, less impairment, if any, and subsequently adjust for observable price changes of identical or similar investments of the same issuer. The Company applies this measurement alternative to its non-marketable equity securities. When an observable event occurs, the Company estimates the fair values of its non-marketable equity securities based on Level 2 inputs that are derived from observable price changes of similar securities adjusted for insignificant differences in rights and obligations. The changes in value are recorded in realized and unrealized gains (losses) on equity securities, included in Miscellaneous, net in the condensed consolidated statement of income. On March 5, 2018, the Company made an investment in fuboTV Inc. of $25.0 million , and on April 6, 2018, the Company provided a senior secured term loan to fuboTV Inc. of $25.0 million with a maturity date of April 6, 2023. In June 2018, the Company recognized an impairment charge of $10.0 million related to the partial write-down of one of its non-marketable equity securities. Investments in non-marketable equity securities were $72.2 million at June 30, 2018 and $46.8 million at December 31, 2017 and are included in Other assets in the condensed consolidated balance sheet.

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Jun. 30, 2018
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: (In thousands) National Networks International and Other Total December 31, 2017 $ 239,759 $ 455,399 $ 695,158 Additions — 25,278 25,278 Amortization of "second component" goodwill (656 ) — (656 ) Foreign currency translation — (9,733 ) (9,733 ) June 30, 2018 $ 239,103 $ 470,944 $ 710,047 The increase in the carrying amount of goodwill for the International and Other segment relates to the acquisition of Levity (see Note 4 ). The reduction of $0.7 million 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. The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2018 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 548,389 $ (181,307 ) $ 367,082 6 to 25 years Advertiser relationships 46,282 (15,509 ) 30,773 11 years Trade names 71,493 (15,353 ) 56,140 15 to 20 years Other amortizable intangible assets 11,390 (6,122 ) 5,268 2 to 15 years Total amortizable intangible assets 677,554 (218,291 ) 459,263 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 697,454 $ (218,291 ) $ 479,163 (In thousands) December 31, 2017 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 527,713 $ (167,911 ) $ 359,802 Advertiser relationships 46,282 (13,405 ) 32,877 Trade names 53,761 (14,420 ) 39,341 Other amortizable intangible assets 11,401 (6,079 ) 5,322 Total amortizable intangible assets 639,157 (201,815 ) 437,342 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 659,057 $ (201,815 ) $ 457,242 The increase in amortizable intangible assets is a result of the acquisition of Levity. Aggregate amortization expense for amortizable intangible assets for the six months ended June 30, 2018 and 2017 was $19.1 million and $18.1 million , respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: (In thousands) Years Ending December 31, 2018 $ 38,555 2019 39,553 2020 39,195 2021 39,193 2022 39,181

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jun. 30, 2018
Accrued Liabilities, Current [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following: (In thousands) June 30, 2018 December 31, 2017 Interest $ 29,911 $ 30,262 Employee related costs 71,850 117,850 Income taxes payable 17,225 19,558 Other accrued expenses 97,495 95,406 Total accrued liabilities $ 216,481 $ 263,076

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt The Company's long-term debt consists of the following: (In thousands) June 30, 2018 December 31, 2017 Senior Secured Credit Facility: (a) Term Loan A Facility $ 750,000 $ 750,000 Senior Notes: 4.75% Notes due August 2025 800,000 800,000 5.00% Notes due April 2024 1,000,000 1,000,000 4.75% Notes due December 2022 600,000 600,000 Total long-term debt 3,150,000 3,150,000 Unamortized discount (31,521 ) (33,776 ) Unamortized deferred financing costs (15,423 ) (16,967 ) Long-term debt, net $ 3,103,056 $ 3,099,257 (a) The Company's $500 million revolving credit facility remains undrawn at June 30, 2018 . Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company. As a result of the acquisition of Levity, the Company has two lines of credit totaling $4 million . The lines of credit bear interest at the greater of 3.5% or the prime rate and mature on August 25, 2018. There were no outstanding borrowings on either line of credit as of June 30, 2018.

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2018
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 June 30, 2018 and December 31, 2017 : (In thousands) Level I Level II Level III Total At June 30, 2018: Assets: Cash equivalents $ 15,541 $ — $ — $ 15,541 Marketable securities 7,827 — — 7,827 Investments 34,690 — — 34,690 Interest rate swap contracts — 760 — 760 Foreign currency derivatives — 3,146 — 3,146 Other derivatives — 8,863 42,548 51,411 Liabilities: Foreign currency derivatives $ — $ 3,798 $ — $ 3,798 At December 31, 2017: Assets: Cash equivalents $ 100,615 $ — $ — $ 100,615 Marketable securities 10,709 — — 10,709 Investments 9,948 — — 9,948 Interest rate swap contracts — 1,444 — 1,444 Foreign currency derivatives — 3,801 — 3,801 Other derivatives — 6,174 30,891 37,065 Liabilities: Foreign currency derivatives $ — $ 4,475 $ — $ 4,475 The Company's cash equivalents and marketable securities are classified within Level I of the fair value hierarchy because they are valued using quoted market prices. The Company's interest rate swap contracts, foreign currency derivatives and the embedded derivative for the interest on the RLJE Term Loans to be paid in shares of RLJE common stock (see Note 10 ) 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. On October 14, 2016, Digital Entertainment Holdings LLC (“DEH”), a wholly-owned subsidiary of the Company, and RLJE entered into a Credit and Guaranty Agreement pursuant to which DEH provided term loans to RLJE (the “RLJE Term Loans”). In connection with the RLJE Credit and Guaranty Agreement, DEH received warrants to purchase at least 20 million shares of RLJE’s common stock, at a price of $3.00 per share (the “RLJE Warrants”). The RLJE Warrants held by the Company are classified within Level III of the fair value hierarchy and the Company determines the value of the RLJE Warrants using a Black Scholes option pricing model. Inputs to the model are stock price volatility, contractual warrant terms (remaining life of the warrants), exercise price, risk-free interest rate, and the RLJE stock price. The equity volatility used is based on the equity volatility of RLJE with an adjustment for the changes in the capital structure of RLJE. In arriving at the concluded value of the warrants, a discount for the lack of marketability (DLOM) of 32% was applied. The DLOM, which is unobservable, is determined using the Finnerty Average-Strike Put Option Marketability Discount Model (Finnerty Model), which was applied with a security-specific volatility for the warrants. For the three and six months ended June 30, 2018 , the Company recorded a gain of $1.5 million and $9.6 million , respectively, related to the RLJE Warrants which is included in Miscellaneous, net in the condensed consolidated statement of income. For the three and six months ended June 30, 2017 , the Company recorded a gain of $8.2 million and $17.2 million , respectively. At June 30, 2018 , the Company does not have any other assets or liabilities measured at fair value on a recurring basis that would be considered Level III. Fair value measurements are also used in nonrecurring valuations performed in connection with acquisition accounting. These nonrecurring valuations primarily include the valuation of affiliate and customer relationships intangible assets, advertiser relationship intangible assets and property and equipment. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level III of the fair value hierarchy. 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 condensed consolidated balance sheets, are summarized as follows: (In thousands) June 30, 2018 Carrying Amount Estimated Fair Value Debt instruments: Term Loan A Facility $ 738,414 $ 748,125 4.75% Notes due August 2025 785,595 768,000 5.00% Notes due April 2024 985,142 987,500 4.75% Notes due December 2022 593,905 601,500 $ 3,103,056 $ 3,105,125 (In thousands) December 31, 2017 Carrying Amount Estimated Fair Value Debt instruments: Term Loan A Facility $ 737,140 $ 748,125 4.75% Notes due August 2025 784,757 793,000 5.00% Notes due April 2024 984,056 1,012,500 4.75% Notes due December 2022 593,304 612,750 $ 3,099,257 $ 3,166,375 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 Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2018
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. As of June 30, 2018 , the Company had interest rate swap contracts outstanding with notional amounts aggregating $200.0 million that are not designated as hedging instruments. The Company's outstanding interest rate swap contracts mature in October 2018. Foreign Currency Exchange Rate Risk We are exposed to foreign currency risk to the extent that we enter into transactions denominated in currencies other than our or our subsidiaries' respective functional currencies (non-functional currency risk), such as affiliation agreements, programming contracts, certain accounts payable and trade receivables (including intercompany amounts) that are denominated in a currency other than the applicable functional currency. Other Derivatives The RLJE Warrants held by the Company meet the definition of a derivative and are included in Other assets in the consolidated balance sheet. In addition, the interest on the RLJE Term Loans to be paid in shares of RLJE common stock is an embedded derivative. Both the RLJE Warrants and the embedded derivative for the future interest to be paid in shares of RLJE common stock are remeasured at the end of each period with changes in fair value recorded in the consolidated statements of income. For the three months ended June 30, 2018 and 2017 , the Company recorded a gain of $0.6 million and $9.9 million , respectively, and for the six months ended June 30, 2018 and 2017 , the Company recorded a gain of $12.3 million and $21.1 million , respectively, related to these derivatives, which is included in Miscellaneous, net in the condensed consolidated statement of income. The fair values of the Company's derivative financial instruments included in the condensed consolidated balance sheets are as follows: (In thousands) Balance Sheet Location June 30, December 31, 2017 Derivatives not designated as hedging instruments: Assets: Foreign currency derivatives Prepaid expenses and other current assets $ 1,101 $ 943 Foreign currency derivatives Other assets 2,045 2,858 Interest rate swap contracts Prepaid expenses and other current assets 760 1,444 Other derivatives Other assets 51,411 37,065 Liabilities: Foreign currency derivatives Accrued liabilities 759 1,223 Foreign currency derivatives Other liabilities 3,039 3,252 The amounts of gains and losses related to the Company's derivative financial instruments designated as hedging instruments are as follows: (In thousands) Gain or (Loss) on Derivatives Location of Gain or (Loss) in Earnings Gain or (Loss) Reclassified from Accumulated OCI Three Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 Derivatives in cash flow hedging relationships: Interest rate swap contracts $ — $ (65 ) Interest expense $ — $ 115 (a) There were no gains or losses recognized in earnings related to any ineffective portion of hedging relationships or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2018 and 2017 . (In thousands) Gain or (Loss) on Derivatives Location of Gain or (Loss) in Earnings Gain or (Loss) Reclassified from Accumulated OCI Six Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Derivatives in cash flow hedging relationships: Interest rate swap contracts $ — $ 256 Interest expense $ — $ 117 (a) There were no gains or losses recognized in earnings related to any ineffective portion of hedging relationships or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2018 and 2017 . The amounts of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows: (In thousands) Location of Gain or (Loss) Recognized in Earnings on Derivatives Amount of Gain or (Loss) Recognized in Earnings on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Derivatives not designated as hedging relationships: Interest rate swap contracts Interest expense $ (538 ) $ (7 ) $ (684 ) $ (5 ) Foreign currency derivatives Miscellaneous, net 474 (1,236 ) 181 (1,503 ) Other derivatives Miscellaneous, net 602 9,946 12,289 21,063 Total $ 538 $ 8,703 $ 11,786 $ 19,555

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three and six months ended June 30, 2018, income tax expense was $32.5 million and $89.4 million , respectively, representing an effective tax rate of 23% and 25% , respectively, as compared to the federal statutory rate of 21% . For the three months ended June 30, 2018, the effective tax rate differs from the federal statutory due primarily to state and local income tax expense of $2.3 million . For the six months ended June 30, 2018, the effective tax rate differs from the federal statutory rate due primarily to tax expense of $16.1 million for an increase in valuation allowances for foreign taxes and U.S. foreign tax credits; state and local income tax expense of $6.2 million ; a tax benefit of $8.3 million for the one-time rate change on deferred tax assets and liabilities that resulted from the extension of certain television production cost deductions included in the Bipartisan Budget Act of 2018 (enacted February 9, 2018); and a tax benefit from foreign subsidiary earnings indefinitely reinvested outside the U.S. of $5.8 million . For the three and six months ended June 30, 2017, income tax expense was $60.2 million and $133.3 million , respectively, representing an effective tax rate of 36% and 35% , respectively, as compared to the federal statutory rate of 35% . For the three months ended June 30, 2017, the effective tax rate differs from the federal statutory rate due primarily to tax expense of $5.2 million resulting from an increase in the valuation allowances for foreign and local taxes; state and local income tax expense of $2.6 million ; partially offset by a tax benefit from the domestic production activities deduction of $4.4 million ; and a tax benefit from foreign subsidiary earnings indefinitely reinvested outside the U.S. of $2.6 million . For the six months ended June 30, 2017, the items resulting in variances from the federal statutory rate primarily consist of a tax benefit of $10.3 million from the domestic production activities deduction; a tax benefit from foreign subsidiary earnings indefinitely reinvested outside the U.S. of $6.7 million ; tax expense of $7.5 million resulting from an increase in the valuation allowances for foreign and local taxes; and state and local income tax expense of $6.0 million . At June 30, 2018 , the Company had foreign tax credit carry forwards of approximately $15.6 million , expiring on various dates from 2024 through 2025. These carryforwards have been reduced by a valuation allowance of $15.6 million as it is more likely than not that these carry forwards will not be realized. For the six months ended June 30, 2018 , $0.7 million relating to amortization of tax deductible second component goodwill was realized as a reduction in tax liability (as determined on a 'with-and-without' approach).

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments As of June 30, 2018 , the Company's contractual obligations not reflected on the Company's condensed consolidated balance sheet decreased $101.5 million to $1.3 billion . The decrease relates to payments for program commitments and the expiration of payment guarantees to a production service company for certain production related costs . Legal Matters On December 17, 2013, Frank Darabont ("Darabont"), Ferenc, Inc., Darkwoods Productions, Inc., and Creative Artists Agency, LLC (together, the "2013 Plaintiffs"), filed a complaint in New York Supreme Court in connection with Darabont's rendering services as a writer, director and producer of the television series entitled The Walking Dead and the agreement between the parties related thereto. The Plaintiffs asserted claims for breach of contract, breach of the covenant of good faith and fair dealing, for an accounting and for declaratory relief. On August 19, 2015, Plaintiffs filed their First Amended Complaint (the "Amended Complaint"), in which they retracted their claims for wrongful termination and failure to apply production tax credits in calculating Plaintiffs' contingent compensation. Plaintiffs also added a claim that Darabont is entitled to a larger share, on a percentage basis, of contingent compensation than he is currently being accorded. On September 26, 2016, Plaintiffs filed their note of issue and certificate of readiness for trial, which included a claim for damages of $280 million The parties each filed motions for summary judgment. Oral arguments of the summary judgment motions took place on September 15, 2017. On April 19, 2018, the Court granted the Company’s motion for leave to submit supplemental summary judgment briefing. A hearing on the supplemental summary judgment submissions was held on June 13, 2018. The Company believes that the asserted claims are without merit, denies the allegations and continues to defend the case vigorously. At this time, no determination can be made as to the ultimate outcome of this litigation or the potential liability, if any, on the part of the Company. On January 18, 2018, the 2013 Plaintiffs filed a second action in New York Supreme Court in connection with Darabont’s services on The Walking Dead television series and agreements between the parties related thereto. The claims in the action allegedly arise from Plaintiffs' audit of their participation statements covering the accounting period from inception of The Walking Dead through September 30, 2014. Plaintiffs seek no less than $20 million in damages on claims for breach of contract, breach of the covenant of good faith and fair dealing, and declaratory relief. The Company filed an Answer to the Complaint on April 16, 2018, and the parties have agreed to consolidate this action for a joint trial with the action Plaintiffs filed in the New York Supreme Court on December 17, 2013. The Company believes that the asserted claims are without merit, denies the allegations and will defend the case vigorously. At this time, no determination can be made as to the ultimate outcome of this litigation or the potential liability, if any, on the part of the Company. On August 14, 2017, Robert Kirkman, Robert Kirkman, LLC, Glen Mazzara, 44 Strong Productions, Inc., David Alpert, Circle of Confusion Productions, LLC, New Circle of Confusion Productions, Inc., Gale Anne Hurd, and Valhalla Entertainment, Inc. f/k/a Valhalla Motion Pictures, Inc. (together, the "California Plaintiffs") filed a complaint in California Superior Court in connection with California Plaintiffs’ rendering of services as writers and producers of the television series entitled The Walking Dead , as well as Fear the Walking Dead and/or Talking Dead , and the agreements between the parties related thereto (the "California Action"). The California Plaintiffs asserted that the Company has been improperly underpaying the California Plaintiffs under their contracts with the Company and they assert claims for breach of contract, breach of the covenant of good faith and fair dealing, inducing breach of contract, and liability for violation of Cal. Bus. & Prof. Code § 17200. On August 15, 2017, two of the California Plaintiffs, Gale Anne Hurd and David Alpert (and their associated loan-out companies), along with Charles Eglee and his loan-out company, United Bongo Drum, Inc., filed a complaint in New York Supreme Court alleging nearly identical claims as the California Action (the "New York Action"). Hurd, Alpert, and Eglee filed the New York Action in connection with their contract claims involving The Walking Dead because their agreements contained exclusive New York jurisdiction provisions. On October 23, 2017, the parties stipulated to discontinuing the New York Action without prejudice and consolidating all of the claims in the California Action. The California Plaintiffs seek compensatory and punitive damages and restitution. The Company filed an Answer on April 30, 2018 and believes that the asserted claims are without merit and will vigorously defend against them. At this time, no determination can be made as to the ultimate outcome of this litigation or the potential liability, if any, on the part of the Company. The Company is party to various lawsuits and claims in the ordinary course of business, including the matters described above. Although the outcome of these matters cannot be predicted with certainty and while the impact of these matters on the Company's results of operations in any particular subsequent reporting period could be material, 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 Plans

Equity Plans	6 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity Plans	Equity Plans In March 2018, AMC Networks granted 684,737 restricted stock units ("RSUs") and 537,403 performance restricted stock units ("PRSUs") to certain executive officers and employees under the AMC Networks Inc. 2016 Employee Stock Plan. The RSUs vest ratably over a three -year period and the vesting criteria for 195,028 RSUs include the achievement of certain performance targets by the Company. The PRSUs vest on the third anniversary of the grant date. The target number of PRSUs granted represents the right to receive a corresponding number of shares, subject to adjustment based on the performance of the Company against target performance criteria for a three -year period. The number of shares issuable at the end of the applicable measurement period ranges from 0% to 200% of the target PRSU award. During the six months ended June 30, 2018 , 720,657 RSUs of AMC Networks Class A Common Stock previously issued to employees of the Company vested. On the vesting date, 295,973 RSUs were surrendered to the Company to cover the required statutory tax withholding obligations and 424,684 new shares of AMC Networks Class A Common Stock were issued in respect of the remaining RSUs. The units surrendered to satisfy the employees' statutory minimum tax withholding obligations for the applicable income and other employment tax had an aggregate value of $15.7 million , which has been reflected as a financing activity in the condensed consolidated statement of cash flows for the six months ended June 30, 2018 . Share-based compensation expense included in selling, general and administrative expense, for the three and six months ended June 30, 2018 was $19.8 million and $35.1 million , respectively, and $15.1 million and $27.6 million , respectively, for the three and six months ended June 30, 2017 , respectively. As of June 30, 2018 , there was $120.4 million of total unrecognized share-based compensation cost related to outstanding unvested share-based awards. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 2.5 years.

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests	6 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interests	Redeemable Noncontrolling Interests The following table summarizes activity related to redeemable noncontrolling interest for the six months ended June 30, 2018 . (In thousands) Six Months Ended June 30, 2018 December 31, 2017 $ 218,604 Acquired 30,533 Net earnings 7,569 Distributions (6,967 ) June 30, 2018 $ 249,739 The redeemable noncontrolling interest acquired relates to acquisition of Levity. The terms of the agreement provide the noncontrolling interest holders with a right to put 50% of their interests to the Company on the fourth anniversary of the agreement and a right to put all of their interests to the Company on the sixth anniversary of the agreement. The put rights are at fair market value.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2018
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 AMC Networks outstanding Class B Common Stock and own approximately 3% of the AMC Networks' outstanding Class A Common Stock. Such shares of the AMC Networks Class A Common Stock and Class B Common Stock, collectively, represent approximately 72% of the aggregate voting power of AMC Networks' outstanding common stock. Members of the Dolan Family are also the controlling stockholders of The Madison Square Garden Company ("MSG") and MSG Networks Inc. ("MSG Networks"). The Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Revenues, net from related parties amounted to $1.5 million for the three months ended June 30, 2018 and 2017 , respectively, and $3.2 million and $3.1 million for the six months ended June 30, 2018 and 2017 , respectively. Amounts charged to the Company, included in selling, general and administrative expenses, pursuant to transactions with its related parties amounted to $0.2 million and $0.4 million for the three months ended June 30, 2018 and 2017 , respectively, and $0.7 million and $1.0 million for the six months ended June 30, 2018 and 2017 , respectively. On June 16, 2016, AMC Networks entered into an arrangement with the Dolan Family Office, LLC ("DFO"), MSG and MSG Networks providing for the sharing of certain expenses associated with executive office space which will be available to Charles F. Dolan (the Executive Chairman and a director of the Company and a director of MSG and MSG Networks), James L. Dolan (the Executive Chairman and a director of MSG and MSG Networks and a director of the Company), and the DFO which is controlled by Charles F. Dolan. The Company's share of office expenses is not material.

Cash Flows

Cash Flows	6 Months Ended
	Jun. 30, 2018
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Cash Flows	Cash Flows The Company's non-cash investing and financing activities and other supplemental data are as follows: (In thousands) Six Months Ended June 30, 2018 2017 Non-Cash Investing and Financing Activities: Treasury stock not yet settled $ — $ 8,987 Exercise of RLJE Warrants — 5,001 Capital expenditures incurred but not yet paid 2,419 2,412 Supplemental Data: Cash interest paid 71,750 56,832 Income taxes paid, net 60,413 124,474

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2018
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 within operating expenses 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, 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 income ("AOI"), a non-GAAP measure, defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, impairment and related charges (including gains or losses on sales or dispositions of businesses), and restructuring expense or credit. The Company has presented the components that reconcile adjusted operating income to operating income, an accepted GAAP measure, and other information as to the continuing operations of the Company's operating segments below. (In thousands) Three Months Ended June 30, 2018 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 246,829 $ 23,433 $ — $ 270,262 Distribution 380,460 123,278 (12,615 ) 491,123 Consolidated revenues, net $ 627,289 $ 146,711 $ (12,615 ) $ 761,385 Operating income (loss) $ 210,007 $ (11,338 ) $ (7,138 ) $ 191,531 Share-based compensation expense 16,259 3,494 — 19,753 Depreciation and amortization 8,412 13,257 — 21,669 Adjusted operating income $ 234,678 $ 5,413 $ (7,138 ) $ 232,953 (In thousands) Three Months Ended June 30, 2017 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 245,472 $ 21,373 $ — $ 266,845 Distribution 359,451 89,471 (5,222 ) 443,700 Consolidated revenues, net $ 604,923 $ 110,844 $ (5,222 ) $ 710,545 Operating income (loss) $ 211,623 $ (31,222 ) $ (4,611 ) $ 175,790 Share-based compensation expense 12,211 2,921 — 15,132 Restructuring (credit) expense (97 ) 16 — (81 ) Impairment and related charges — 17,112 — 17,112 Depreciation and amortization 8,430 12,176 — 20,606 Adjusted operating income $ 232,167 $ 1,003 $ (4,611 ) $ 228,559 (In thousands) Six Months Ended June 30, 2018 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 472,559 $ 45,943 $ — $ 518,502 Distribution 787,758 212,158 (16,210 ) 983,706 Consolidated revenues, net $ 1,260,317 $ 258,101 $ (16,210 ) $ 1,502,208 Operating income (loss) $ 459,859 $ (28,151 ) $ (6,522 ) $ 425,186 Share-based compensation expense 28,786 6,286 — 35,072 Depreciation and amortization 16,907 25,116 — 42,023 Adjusted operating income $ 505,552 $ 3,251 $ (6,522 ) $ 502,281 Capital expenditures $ 6,116 $ 31,286 $ — $ 37,402 (In thousands) Six Months Ended June 30, 2017 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 493,014 $ 41,443 $ — $ 534,457 Distribution 727,056 176,198 (6,977 ) 896,277 Consolidated revenues, net $ 1,220,070 $ 217,641 $ (6,977 ) $ 1,430,734 Operating income (loss) $ 461,230 $ (50,439 ) $ (3,330 ) $ 407,461 Share-based compensation expense 22,119 5,476 — 27,595 Restructuring (credit) expense (43 ) 2,666 — 2,623 Impairment and related charges — 17,112 — 17,112 Depreciation and amortization 16,834 27,265 — 44,099 Adjusted operating income $ 500,140 $ 2,080 $ (3,330 ) $ 498,890 Capital expenditures $ 8,294 $ 31,642 $ — $ 39,936 Inter-segment eliminations are primarily licensing revenues recognized between the National Networks and International and Other segments as well as revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment. (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Inter-segment revenues National Networks $ (12,615 ) $ (5,142 ) $ (15,150 ) $ (6,866 ) International and Other — (80 ) (1,060 ) (111 ) $ (12,615 ) $ (5,222 ) $ (16,210 ) $ (6,977 ) The table below summarizes revenues based on customer location: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Revenues United States $ 600,195 $ 548,555 $ 1,186,763 $ 1,148,610 Europe 116,422 108,076 202,686 186,750 Other 44,768 53,914 112,759 95,374 $ 761,385 $ 710,545 $ 1,502,208 $ 1,430,734 The table below summarizes property and equipment based on asset location: (In thousands) June 30, 2018 December 31, 2017 Property and equipment, net United States $ 170,558 $ 136,203 Europe 26,047 28,261 Other 17,449 19,050 $ 214,054 $ 183,514

Condensed Consolidating Financi

Condensed Consolidating Financial Statements	6 Months Ended
	Jun. 30, 2018
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Financial Statements	Condensed Consolidating Financial Statements Debt of AMC Networks includes $600 million of 4.75% senior notes due December 2022, $1 billion of 5.00% senior notes due April 2024 and $800 million of 4.75% senior notes due August 2025. All outstanding senior notes issued by AMC Networks (for purposes of this Note 18, "Parent Company") are guaranteed on a senior unsecured basis by certain of its existing and future domestic restricted subsidiaries (the "Guarantor Subsidiaries"). All Guarantor Subsidiaries are owned 100% by AMC Networks. The outstanding notes are fully and unconditionally guaranteed by the Guarantor Subsidiaries on a joint and several basis. Set forth below are condensed consolidating financial statements presenting the financial position, results of operations, comprehensive income, and cash flows of (i) the Parent Company, (ii) the Guarantor Subsidiaries on a combined basis (as such guarantees are joint and several), (iii) the direct and indirect non-guarantor subsidiaries of the Parent Company (the "Non-Guarantor Subsidiaries") on a combined basis and (iv) reclassifications and eliminations necessary to arrive at the information for the Company on a consolidated basis. Basis of Presentation In presenting the condensed consolidating financial statements, the equity method of accounting has been applied to (i) the Parent Company's interests in the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries, and (ii) the Guarantor Subsidiaries' interests in the Non-Guarantor Subsidiaries, even though all such subsidiaries meet the requirements to be consolidated under GAAP. All intercompany balances and transactions between the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries have been eliminated, as shown in the column "Eliminations." The accounting basis in all subsidiaries, including goodwill and identified intangible assets, have been allocated to the applicable subsidiaries. Condensed Consolidating Balance Sheet June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 2,885 $ 243,413 $ 169,826 $ — $ 416,124 Accounts receivable, trade (including amounts due from related parties, net, — 596,408 222,322 — 818,730 Current portion of program rights, net — 308,628 154,238 — 462,866 Prepaid expenses, other current assets and intercompany receivable 3,075 207,653 19,028 (119,319 ) 110,437 Total current assets 5,960 1,356,102 565,414 (119,319 ) 1,808,157 Property and equipment, net of accumulated depreciation — 148,673 65,381 — 214,054 Investment in affiliates 3,496,168 1,493,775 — (4,989,943 ) — Program rights, net — 1,032,302 186,380 — 1,218,682 Long-term intercompany notes receivable — 46,497 421 (46,918 ) — Deferred carriage fees, net — 22,669 1,002 — 23,671 Intangible assets, net — 165,681 313,482 — 479,163 Goodwill — 65,954 644,093 — 710,047 Deferred tax asset, net — — 27,547 — 27,547 Other assets — 171,874 420,172 592,046 Total assets $ 3,502,128 $ 4,503,527 $ 2,223,892 $ (5,156,180 ) $ 5,073,367 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ (19 ) $ 41,371 $ 63,663 $ — $ 105,015 Accrued liabilities and intercompany payable 49,660 140,118 146,022 (119,319 ) 216,481 Current portion of program rights obligations — 276,571 70,505 — 347,076 Deferred revenue — 29,632 32,559 — 62,191 Current portion of capital lease obligations — 2,937 1,693 — 4,630 Total current liabilities 49,641 490,629 314,442 (119,319 ) 735,393 Program rights obligations — 428,322 14,343 — 442,665 Long-term debt, net 3,103,056 — — — 3,103,056 Capital lease obligations — 2,298 21,441 — 23,739 Deferred tax liability, net 132,090 — 17,509 — 149,599 Other liabilities and intercompany notes payable 51,442 86,110 83,122 (46,918 ) 173,756 Total liabilities 3,336,229 1,007,359 450,857 (166,237 ) 4,628,208 Commitments and contingencies Redeemable noncontrolling interests — — 249,739 — 249,739 Stockholders' equity: AMC Networks stockholders' equity 165,899 3,496,168 1,493,775 (4,989,943 ) 165,899 Non-redeemable noncontrolling interests — — 29,521 — 29,521 Total stockholders' equity 165,899 3,496,168 1,523,296 (4,989,943 ) 195,420 Total liabilities and stockholders' equity $ 3,502,128 $ 4,503,527 $ 2,223,892 $ (5,156,180 ) $ 5,073,367 Condensed Consolidating Balance Sheet December 31, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 320 $ 391,248 $ 167,215 $ — $ 558,783 Accounts receivable, trade (including amounts due from related parties, net, — 581,270 194,621 — 775,891 Current portion of program rights, net — 304,149 149,301 — 453,450 Prepaid expenses, other current assets and intercompany receivable 3,760 183,815 8,540 (104,389 ) 91,726 Total current assets 4,080 1,460,482 519,677 (104,389 ) 1,879,850 Property and equipment, net of accumulated depreciation — 136,032 47,482 — 183,514 Investment in affiliates 3,443,013 934,612 — (4,377,625 ) — Program rights, net — 1,128,021 191,258 — 1,319,279 Long-term intercompany notes receivable — 489,939 436 (490,375 ) — Deferred carriage fees, net — 29,346 578 — 29,924 Intangible assets, net — 170,554 286,688 — 457,242 Goodwill — 66,609 628,549 — 695,158 Deferred tax asset, net — — 20,081 — 20,081 Other assets — 142,115 305,822 447,937 Total assets $ 3,447,093 $ 4,557,710 $ 2,000,571 $ (4,972,389 ) $ 5,032,985 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 350 $ 50,282 $ 51,565 $ — $ 102,197 Accrued liabilities and intercompany payable 51,692 179,003 136,770 (104,389 ) 263,076 Current portion of program rights obligations — 262,004 65,545 — 327,549 Deferred revenue — 27,530 18,903 — 46,433 Current portion of long-term debt — — — — — Current portion of capital lease obligations — 2,939 1,908 — 4,847 Total current liabilities 52,042 521,758 274,691 (104,389 ) 744,102 Program rights obligations — 511,996 22,984 — 534,980 Long-term debt, net 3,099,257 — — — 3,099,257 Capital lease obligations — 3,745 22,532 — 26,277 Deferred tax liability, net 114,717 — (5,019 ) — 109,698 Other liabilities and intercompany notes payable 46,133 77,198 503,166 (490,375 ) 136,122 Total liabilities 3,312,149 1,114,697 818,354 (594,764 ) 4,650,436 Commitments and contingencies Redeemable noncontrolling interests — — 218,604 — 218,604 Stockholders' equity: AMC Networks stockholders' equity 134,944 3,443,013 934,612 (4,377,625 ) 134,944 Non-redeemable noncontrolling interests — — 29,001 — 29,001 Total stockholders' equity 134,944 3,443,013 963,613 (4,377,625 ) 163,945 Total liabilities and stockholders' equity $ 3,447,093 $ 4,557,710 $ 2,000,571 $ (4,972,389 ) $ 5,032,985 Condensed Consolidating Statement of Income Three Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 549,262 $ 216,006 $ (3,883 ) $ 761,385 Operating expenses: Technical and operating (excluding depreciation and amortization) — 248,181 129,742 (1,114 ) 376,809 Selling, general and administrative — 120,463 53,686 (2,773 ) 171,376 Depreciation and amortization — 11,175 10,494 — 21,669 Total operating expenses — 379,819 193,922 (3,887 ) 569,854 Operating income — 169,443 22,084 4 191,531 Other income (expense): Interest expense, net (37,834 ) 11,715 (7,814 ) — (33,933 ) Share of affiliates’ income (loss) 172,233 (4,192 ) — (168,041 ) — Miscellaneous, net 259 (2,504 ) (12,470 ) (4 ) (14,719 ) Total other income (expense) 134,658 5,019 (20,284 ) (168,045 ) (48,652 ) Income from operations before income taxes 134,658 174,462 1,800 (168,041 ) 142,879 Income tax expense (28,477 ) (2,229 ) (1,841 ) — (32,547 ) Net income including noncontrolling interests 106,181 172,233 (41 ) (168,041 ) 110,332 Net income attributable to noncontrolling interests — — (4,151 ) — (4,151 ) Net income attributable to AMC Networks’ stockholders $ 106,181 $ 172,233 $ (4,192 ) $ (168,041 ) $ 106,181 Condensed Consolidating Statement of Income Three Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 536,302 $ 179,675 $ (5,432 ) $ 710,545 Operating expenses: Technical and operating (excluding depreciation and amortization) — 240,150 95,472 (777 ) 334,845 Selling, general and administrative — 116,423 50,838 (4,988 ) 162,273 Depreciation and amortization — 10,123 10,483 — 20,606 Impairment charges — — 17,112 — 17,112 Restructuring credit — (45 ) (36 ) — (81 ) Total operating expenses — 366,651 173,869 (5,765 ) 534,755 Operating income — 169,651 5,806 333 175,790 Other income (expense): Interest expense, net (29,733 ) 10,165 (7,383 ) — (26,951 ) Share of affiliates’ income 184,748 5,681 — (190,429 ) — Miscellaneous, net (230 ) 1,898 17,645 (333 ) 18,980 Total other income (expense) 154,785 17,744 10,262 (190,762 ) (7,971 ) Income from operations before income taxes 154,785 187,395 16,068 (190,429 ) 167,819 Income tax expense (52,187 ) (2,647 ) (5,359 ) — (60,193 ) Net income including noncontrolling interests 102,598 184,748 10,709 (190,429 ) 107,626 Net income attributable to noncontrolling interests — — (5,028 ) — (5,028 ) Net income attributable to AMC Networks’ stockholders $ 102,598 $ 184,748 $ 5,681 $ (190,429 ) $ 102,598 Condensed Consolidating Statement of Income Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 1,124,179 $ 386,392 $ (8,363 ) $ 1,502,208 Operating expenses: Technical and operating (excluding depreciation and amortization) — 470,802 228,264 (1,892 ) 697,174 Selling, general and administrative — 242,522 101,775 (6,472 ) 337,825 Depreciation and amortization — 21,979 20,044 — 42,023 Total operating expenses — 735,303 350,083 (8,364 ) 1,077,022 Operating income — 388,876 36,309 1 425,186 Other income (expense): Interest expense, net (74,741 ) 23,612 (15,990 ) — (67,119 ) Share of affiliates' income 419,715 13,306 — (433,021 ) — Miscellaneous, net 53 (1,770 ) 3,945 (1 ) 2,227 Total other income (expense) 345,027 35,148 (12,045 ) (433,022 ) (64,892 ) Income from operations before income taxes 345,027 424,024 24,264 (433,021 ) 360,294 Income tax expense (81,976 ) (4,309 ) (3,141 ) — (89,426 ) Net income including noncontrolling interests 263,051 419,715 21,123 (433,021 ) 270,868 Net income attributable to noncontrolling interests — — (7,817 ) — (7,817 ) Net income attributable to Parent Company's stockholders $ 263,051 $ 419,715 $ 13,306 $ (433,021 ) $ 263,051 Condensed Consolidating Statement of Income Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 1,115,684 $ 322,807 $ (7,757 ) $ 1,430,734 Operating expenses: Technical and operating (excluding depreciation and amortization) — 461,904 173,089 (1,536 ) 633,457 Selling, general and administrative — 236,104 96,317 (6,439 ) 325,982 Depreciation and amortization — 20,327 23,772 — 44,099 Impairment and related charges — — 17,112 — 17,112 Restructuring expense (credit) — 2,659 (36 ) — 2,623 Total operating expenses — 720,994 310,254 (7,975 ) 1,023,273 Operating income — 394,690 12,553 218 407,461 Other income (expense): Interest expense, net (59,145 ) 19,988 (14,801 ) — (53,958 ) Share of affiliates’ income 420,522 8,826 — (429,348 ) — Miscellaneous, net (343 ) 2,329 28,260 (218 ) 30,028 Total other income (expense) 361,034 31,143 13,459 (429,566 ) (23,930 ) Income from operations before income taxes 361,034 425,833 26,012 (429,348 ) 383,531 Income tax expense (122,220 ) (5,311 ) (5,744 ) — (133,275 ) Net income including noncontrolling interests 238,814 420,522 20,268 (429,348 ) 250,256 Net income attributable to noncontrolling interests — — (11,442 ) — (11,442 ) Net income attributable to AMC Networks’ stockholders $ 238,814 $ 420,522 $ 8,826 $ (429,348 ) $ 238,814 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income (loss) including noncontrolling interest $ 106,181 $ 172,233 $ (41 ) $ (168,041 ) $ 110,332 Other comprehensive income (loss): Foreign currency translation adjustment 7,780 — 7,780 (7,780 ) 7,780 Other comprehensive income, net of income taxes 7,780 — 7,780 (7,780 ) 7,780 Comprehensive income 113,961 172,233 7,739 (175,821 ) 118,112 Comprehensive income attributable to noncontrolling interests — — (2,173 ) — (2,173 ) Comprehensive income attributable to AMC Networks’ stockholders $ 113,961 $ 172,233 $ 5,566 $ (175,821 ) $ 115,939 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 102,598 $ 184,748 $ 10,709 $ (190,429 ) $ 107,626 Other comprehensive income (loss): Foreign currency translation adjustment 37,820 — 37,820 (37,820 ) 37,820 Unrealized loss on interest rate swaps (180 ) — — — (180 ) Unrealized (loss) gain on available for sale securities (1,083 ) — — — (1,083 ) Other comprehensive income, before income taxes 36,557 — 37,820 (37,820 ) 36,557 Income tax benefit 465 — — — 465 Other comprehensive income, net of income taxes 37,022 — 37,820 (37,820 ) 37,022 Comprehensive income 139,620 184,748 48,529 (228,249 ) 144,648 Comprehensive income attributable to noncontrolling interests — — (6,559 ) — (6,559 ) Comprehensive income attributable to AMC Networks’ stockholders $ 139,620 $ 184,748 $ 41,970 $ (228,249 ) $ 138,089 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 263,051 $ 419,715 $ 21,123 $ (433,021 ) $ 270,868 Other comprehensive income (loss): Foreign currency translation adjustment 26,585 — 26,585 (26,585 ) 26,585 Other comprehensive income, net of income taxes 26,585 — 26,585 (26,585 ) 26,585 Comprehensive income 289,636 419,715 47,708 (459,606 ) 297,453 Comprehensive income attributable to noncontrolling interests — — (6,736 ) — (6,736 ) Comprehensive income attributable to AMC Networks' stockholders $ 289,636 $ 419,715 $ 40,972 $ (459,606 ) $ 290,717 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 238,814 $ 420,522 $ 20,268 $ (429,348 ) $ 250,256 Other comprehensive income (loss): Foreign currency translation adjustment 47,684 — 47,684 (47,684 ) 47,684 Unrealized gain on interest rate swaps 139 — — — 139 Unrealized gain on available for sale securities 2,938 — — — 2,938 Other comprehensive income, before income taxes 50,761 — 47,684 (47,684 ) 50,761 Income tax expense (1,132 ) — — — (1,132 ) Other comprehensive income, net of income taxes 49,629 — 47,684 (47,684 ) 49,629 Comprehensive income 288,443 420,522 67,952 (477,032 ) 299,885 Comprehensive income attributable to noncontrolling interests — — (13,364 ) — (13,364 ) Comprehensive income attributable to AMC Networks’ stockholders $ 288,443 $ 420,522 $ 54,588 $ (477,032 ) $ 286,521 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by (used in) operating activities $ 296,928 $ 852,314 $ (437,627 ) $ (433,038 ) $ 278,577 Cash flows from investing activities: Capital expenditures — (32,827 ) (4,575 ) — (37,402 ) Return of capital from investees — — 347 — 347 Investment in investees — — (87,488 ) — (87,488 ) Payments for acquisition of a business, net of cash acquired — — (34,879 ) — (34,879 ) Increase to investment in affiliates (46,945 ) (1,550,189 ) 896,005 701,129 — Net cash (used in) provided by investing activities (46,945 ) (1,583,016 ) 769,410 701,129 (159,422 ) Cash flows from financing activities: Deemed repurchases of restricted stock units (15,734 ) — — — (15,734 ) Purchase of treasury stock (242,409 ) — — — (242,409 ) Proceeds from stock option exercises 4,317 — — — 4,317 Principal payments on capital lease obligations — (1,464 ) (1,161 ) — (2,625 ) Distributions to noncontrolling interests — — (6,967 ) — (6,967 ) Net cash used in financing activities (253,826 ) (1,464 ) (8,128 ) — (263,418 ) Net (decrease) increase in cash and cash equivalents from operations (3,843 ) (732,166 ) 323,655 268,091 (144,263 ) Effect of exchange rate changes on cash and cash equivalents 6,408 584,331 (321,044 ) (268,091 ) 1,604 Cash and cash equivalents at beginning of period 320 391,248 167,215 — 558,783 Cash and cash equivalents at end of period $ 2,885 $ 243,413 $ 169,826 $ — $ 416,124 Condensed Consolidated Statement of Cash Flows Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by operating activities $ 258,037 $ 322,282 $ 15,279 $ (429,621 ) $ 165,977 Cash flows from investing activities: Capital expenditures — (27,480 ) (12,456 ) — (39,936 ) Investment in and loans to investees — — (43,000 ) — (43,000 ) Increase (decrease) to investment in affiliates 102,285 (127,727 ) 40,148 (14,706 ) — Net cash provided by (used in) investing activities 102,285 (155,207 ) (15,308 ) (14,706 ) (82,936 ) Cash flows from financing activities: Principal payments on long-term debt (111,000 ) — 35 — (110,965 ) Deemed repurchases of restricted stock units (13,373 ) — — — (13,373 ) Purchase of treasury stock (244,374 ) — — — (244,374 ) Principal payments on capital lease obligations — (1,330 ) (1,196 ) — (2,526 ) Distributions to noncontrolling interests — — (12,930 ) — (12,930 ) Net cash used in financing activities (368,747 ) (1,330 ) (14,091 ) — (384,168 ) Net (decrease) increase in cash and cash equivalents from operations (8,425 ) 165,745 (14,120 ) (444,327 ) (301,127 ) Effect of exchange rate changes on cash and cash equivalents 7,976 (444,327 ) 1,241 444,327 9,217 Cash and cash equivalents at beginning of period 565 320,950 159,874 — 481,389 Cash and cash equivalents at end of period $ 116 $ 42,368 $ 146,995 $ — $ 189,479

Description Of Business And B26

Description Of Business And Basis Of Presentation (Policies)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation, Policy	Principles of Consolidation These unaudited condensed consolidated financial statements include the accounts of AMC Networks and its majority owned or controlled subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Investments in business entities in which the Company lacks control but does have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method of accounting. Unaudited Interim Financial Statements These condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and Article 10 of Regulation S-X of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the Company's consolidated financial statements and notes thereto for the year ended December 31, 2017 contained in the Company's Annual Report on Form 10-K (" 2017 Form 10-K") filed with the SEC. The condensed consolidated financial statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, such financial statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2018 .
Program Rights, Policy	Program Rights 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 limited, or no, future programming usefulness, a write-off of the unamortized cost is included in technical and operating expense. Program rights write-offs were $3.9 million and $1.4 million for the three months ended June 30, 2018 and June 30, 2017 , respectively. Program rights write-offs were $9.2 million and $1.8 million for the six months ended June 30, 2018 and June 30, 2017 , respectively.
Use of Estimates, Policy	Use of Estimates 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 derivative assets and liabilities, certain stock compensation awards, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and intangible assets and income tax assets and liabilities.
New Accounting Pronouncements, Policy	Financial Assets and Liabilities The Company adopted Accounting Standards Update ("ASU") No. 2016-01 Financial Instruments-Recognition and Measurement of Financial Assets and Financial Liabilities on January 1, 2018, which requires that investments in equity securities (excluding equity method investments) be measured at fair value with changes in fair value recognized in earnings. Under prior accounting guidance, changes in fair value of available-for-sale equity securities were recorded in other comprehensive income. The adoption did not have a significant impact to these condensed consolidated financial statements. Adoption of New Revenue Recognition Standard The Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) on January 1, 2018, using the modified retrospective method for all contracts not completed as of the date of adoption. The reported results as of and for the three and six month periods ended June 30, 2018 reflect the application of the new standard, while the reported results for 2017 have not been adjusted to reflect the new standard and were prepared under prior revenue recognition accounting guidance. The adoption of the new standard did not result in significant changes in the way the Company records distribution and advertising revenues. However, as a result of applying the new standard, there are certain components of the Company’s distribution revenues where the new standard generally results in earlier recognition of revenue compared to its historical policies due to: (i) the requirement to estimate and recognize variable consideration prior to such amounts becoming fixed and determinable, (ii) recognition of royalties in the period of usage, and (iii) recognition of certain arrangements with minimum guarantees on a time-based (straight-line) basis. See Note 2 for more information. As a result of adopting Topic 606, the Company recorded an increase to opening retained earnings of approximately $12.8 million , net of tax, as of January 1, 2018. The following table provides changes to the opening balances of current assets, total assets, current liabilities and total liabilities resulting from the adoption of the new guidance. (In thousands) December 31, Impact of January 1, Current assets $ 1,879,850 $ 3,658 $ 1,883,508 Total assets 5,032,985 19,899 5,052,884 Current liabilities 744,102 835 744,937 Total liabilities 4,650,436 7,115 4,657,551 The amount by which each financial statement line item has been affected in the current reporting period by the application of Topic 606 compared to historical policies is not material, therefore, comparative disclosures have been omitted. Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU No. 2016-02, Leases (Topic 842) . ASU 2016-02 requires lessees to record most of their leases on the balance sheet, which will be recognized as a right-of-use asset and a lease liability. The Company will be required to classify each separate lease component as an operating or finance lease at the lease commencement date. Initial measurement of the right-of-use asset and lease liability is the same for operating and finance leases, however expense recognition and amortization of the right-of-use asset differs. Operating leases will reflect lease expense on a straight-line basis similar to current operating leases. The straight-line expense will reflect the interest expense on the lease liability (effective interest method) and amortization of the right-of-use asset, which will be presented as a single line item in the operating expense section of the income statement. Finance leases will reflect a front-loaded expense pattern similar to the pattern for current capital leases. ASU 2016-02 is effective for the first quarter of 2019, with early adoption permitted. The Company is currently determining its implementation approach and assessing the impact the adoption will have on its consolidated financial statements.

Description Of Business And B27

Description Of Business And Basis Of Presentation (Tables)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The following table provides changes to the opening balances of current assets, total assets, current liabilities and total liabilities resulting from the adoption of the new guidance. (In thousands) December 31, Impact of January 1, Current assets $ 1,879,850 $ 3,658 $ 1,883,508 Total assets 5,032,985 19,899 5,052,884 Current liabilities 744,102 835 744,937 Total liabilities 4,650,436 7,115 4,657,551

Revnue Recognition (Tables)

Revnue Recognition (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Contract with Customer, Asset and Liability	The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers. (In thousands) June 30, 2018 December 31, 2017 (a) Balances from contracts with customers: Accounts receivable (including long-term, included in Other assets) $ 1,019,499 $ 926,089 Contract assets, short-term (included in Other current assets) 5,460 — Contract assets, long-term (included in Other assets) 6,598 — Contract liabilities (Deferred revenue) 62,191 46,433 (a) As noted above, prior period amounts have not been adjusted under the modified retrospective method.

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The following is a reconciliation between basic and diluted weighted average shares outstanding: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic weighted average common shares outstanding 57,758 66,224 59,354 67,117 Effect of dilution: Stock options 5 — 3 — Restricted stock units 624 565 687 654 Diluted weighted average common shares outstanding 58,387 66,789 60,044 67,771

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary valuation of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands). Cash paid for controlling interest $ 48,350 Redeemable noncontrolling interest 30,533 $ 78,883 Allocation to net assets acquired: Cash 13,471 Other current assets 17,251 Property and equipment 20,663 Intangible assets 45,613 Other noncurrent assets 3,306 Current liabilities (23,951 ) Noncurrent liabilities (21,394 ) Noncontrolling interests acquired (1,354 ) Fair value of net assets acquired 53,605 Goodwill 25,278 $ 78,883
Business Acquisition, Pro Forma Information	The following unaudited pro forma financial information is based on (i) the historical financial statements of AMC Networks and (ii) the historical financial statements of Levity and is intended to provide information about how the acquisition may have affected the Company's historical consolidated financial statements if it had occurred as of January 1, 2017. The unaudited pro forma information has been prepared for comparative purposes only and includes adjustments for estimated additional depreciation and amortization expense as a result of tangible and identifiable intangible assets acquired. The pro forma information is not necessarily indicative of the results of operations that would have been achieved had the acquisition taken place on the date indicated or that may result in the future. (In thousands) Unaudited Pro Forma Financial Information for the three months ended June 30, Unaudited Pro Forma Financial Information for the six months ended June 30, 2018 2017 2018 2017 Revenues, net $ 772,078 $ 741,058 $ 1,552,633 $ 1,491,746 Income from operations, net of income taxes $ 105,291 $ 103,287 $ 261,809 $ 239,447 Net income per share, basic $ 1.82 $ 1.56 $ 4.41 $ 3.57 Net income per share, diluted $ 1.80 $ 1.55 $ 4.36 $ 3.53

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The carrying amount of goodwill, by operating segment is as follows: (In thousands) National Networks International and Other Total December 31, 2017 $ 239,759 $ 455,399 $ 695,158 Additions — 25,278 25,278 Amortization of "second component" goodwill (656 ) — (656 ) Foreign currency translation — (9,733 ) (9,733 ) June 30, 2018 $ 239,103 $ 470,944 $ 710,047
Schedule of Finite-Lived Intangible Assets	The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2018 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 548,389 $ (181,307 ) $ 367,082 6 to 25 years Advertiser relationships 46,282 (15,509 ) 30,773 11 years Trade names 71,493 (15,353 ) 56,140 15 to 20 years Other amortizable intangible assets 11,390 (6,122 ) 5,268 2 to 15 years Total amortizable intangible assets 677,554 (218,291 ) 459,263 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 697,454 $ (218,291 ) $ 479,163 (In thousands) December 31, 2017 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 527,713 $ (167,911 ) $ 359,802 Advertiser relationships 46,282 (13,405 ) 32,877 Trade names 53,761 (14,420 ) 39,341 Other amortizable intangible assets 11,401 (6,079 ) 5,322 Total amortizable intangible assets 639,157 (201,815 ) 437,342 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 659,057 $ (201,815 ) $ 457,242
Schedule of Indefinite-Lived Intangible Assets	The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2018 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 548,389 $ (181,307 ) $ 367,082 6 to 25 years Advertiser relationships 46,282 (15,509 ) 30,773 11 years Trade names 71,493 (15,353 ) 56,140 15 to 20 years Other amortizable intangible assets 11,390 (6,122 ) 5,268 2 to 15 years Total amortizable intangible assets 677,554 (218,291 ) 459,263 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 697,454 $ (218,291 ) $ 479,163 (In thousands) December 31, 2017 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 527,713 $ (167,911 ) $ 359,802 Advertiser relationships 46,282 (13,405 ) 32,877 Trade names 53,761 (14,420 ) 39,341 Other amortizable intangible assets 11,401 (6,079 ) 5,322 Total amortizable intangible assets 639,157 (201,815 ) 437,342 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 659,057 $ (201,815 ) $ 457,242
Schedule of Estimated Amortization Expense	Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: (In thousands) Years Ending December 31, 2018 $ 38,555 2019 39,553 2020 39,195 2021 39,193 2022 39,181

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following: (In thousands) June 30, 2018 December 31, 2017 Interest $ 29,911 $ 30,262 Employee related costs 71,850 117,850 Income taxes payable 17,225 19,558 Other accrued expenses 97,495 95,406 Total accrued liabilities $ 216,481 $ 263,076

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Instruments	The Company's long-term debt consists of the following: (In thousands) June 30, 2018 December 31, 2017 Senior Secured Credit Facility: (a) Term Loan A Facility $ 750,000 $ 750,000 Senior Notes: 4.75% Notes due August 2025 800,000 800,000 5.00% Notes due April 2024 1,000,000 1,000,000 4.75% Notes due December 2022 600,000 600,000 Total long-term debt 3,150,000 3,150,000 Unamortized discount (31,521 ) (33,776 ) Unamortized deferred financing costs (15,423 ) (16,967 ) Long-term debt, net $ 3,103,056 $ 3,099,257 (a) The Company's $500 million revolving credit facility remains undrawn at June 30, 2018 . Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis	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 June 30, 2018 and December 31, 2017 : (In thousands) Level I Level II Level III Total At June 30, 2018: Assets: Cash equivalents $ 15,541 $ — $ — $ 15,541 Marketable securities 7,827 — — 7,827 Investments 34,690 — — 34,690 Interest rate swap contracts — 760 — 760 Foreign currency derivatives — 3,146 — 3,146 Other derivatives — 8,863 42,548 51,411 Liabilities: Foreign currency derivatives $ — $ 3,798 $ — $ 3,798 At December 31, 2017: Assets: Cash equivalents $ 100,615 $ — $ — $ 100,615 Marketable securities 10,709 — — 10,709 Investments 9,948 — — 9,948 Interest rate swap contracts — 1,444 — 1,444 Foreign currency derivatives — 3,801 — 3,801 Other derivatives — 6,174 30,891 37,065 Liabilities: Foreign currency derivatives $ — $ 4,475 $ — $ 4,475
Carrying Values And Fair Values Of The Company's Financial Instruments	The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows: (In thousands) June 30, 2018 Carrying Amount Estimated Fair Value Debt instruments: Term Loan A Facility $ 738,414 $ 748,125 4.75% Notes due August 2025 785,595 768,000 5.00% Notes due April 2024 985,142 987,500 4.75% Notes due December 2022 593,905 601,500 $ 3,103,056 $ 3,105,125 (In thousands) December 31, 2017 Carrying Amount Estimated Fair Value Debt instruments: Term Loan A Facility $ 737,140 $ 748,125 4.75% Notes due August 2025 784,757 793,000 5.00% Notes due April 2024 984,056 1,012,500 4.75% Notes due December 2022 593,304 612,750 $ 3,099,257 $ 3,166,375

Derivative Financial Instrume35

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of Derivative Instruments Included In Balance Sheets	The fair values of the Company's derivative financial instruments included in the condensed consolidated balance sheets are as follows: (In thousands) Balance Sheet Location June 30, December 31, 2017 Derivatives not designated as hedging instruments: Assets: Foreign currency derivatives Prepaid expenses and other current assets $ 1,101 $ 943 Foreign currency derivatives Other assets 2,045 2,858 Interest rate swap contracts Prepaid expenses and other current assets 760 1,444 Other derivatives Other assets 51,411 37,065 Liabilities: Foreign currency derivatives Accrued liabilities 759 1,223 Foreign currency derivatives Other liabilities 3,039 3,252
Schedule of Gains And Losses Related To Derivative Instruments	The amounts of gains and losses related to the Company's derivative financial instruments designated as hedging instruments are as follows: (In thousands) Gain or (Loss) on Derivatives Location of Gain or (Loss) in Earnings Gain or (Loss) Reclassified from Accumulated OCI Three Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 Derivatives in cash flow hedging relationships: Interest rate swap contracts $ — $ (65 ) Interest expense $ — $ 115 (a) There were no gains or losses recognized in earnings related to any ineffective portion of hedging relationships or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2018 and 2017 . (In thousands) Gain or (Loss) on Derivatives Location of Gain or (Loss) in Earnings Gain or (Loss) Reclassified from Accumulated OCI Six Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Derivatives in cash flow hedging relationships: Interest rate swap contracts $ — $ 256 Interest expense $ — $ 117 (a) There were no gains or losses recognized in earnings related to any ineffective portion of hedging relationships or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2018 and 2017 .
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The amounts of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows: (In thousands) Location of Gain or (Loss) Recognized in Earnings on Derivatives Amount of Gain or (Loss) Recognized in Earnings on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Derivatives not designated as hedging relationships: Interest rate swap contracts Interest expense $ (538 ) $ (7 ) $ (684 ) $ (5 ) Foreign currency derivatives Miscellaneous, net 474 (1,236 ) 181 (1,503 ) Other derivatives Miscellaneous, net 602 9,946 12,289 21,063 Total $ 538 $ 8,703 $ 11,786 $ 19,555

Redeemable Noncontrolling Int36

Redeemable Noncontrolling Interests (Tables)	6 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	The following table summarizes activity related to redeemable noncontrolling interest for the six months ended June 30, 2018 . (In thousands) Six Months Ended June 30, 2018 December 31, 2017 $ 218,604 Acquired 30,533 Net earnings 7,569 Distributions (6,967 ) June 30, 2018 $ 249,739

Cash Flows (Tables)

Cash Flows (Tables)	6 Months Ended
	Jun. 30, 2018
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Summary Of Non-Cash Activities And Other Supplemental Data	The Company's non-cash investing and financing activities and other supplemental data are as follows: (In thousands) Six Months Ended June 30, 2018 2017 Non-Cash Investing and Financing Activities: Treasury stock not yet settled $ — $ 8,987 Exercise of RLJE Warrants — 5,001 Capital expenditures incurred but not yet paid 2,419 2,412 Supplemental Data: Cash interest paid 71,750 56,832 Income taxes paid, net 60,413 124,474

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Summary of Continuing Operations By Reportable Segment	The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating income ("AOI"), a non-GAAP measure, defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, impairment and related charges (including gains or losses on sales or dispositions of businesses), and restructuring expense or credit. The Company has presented the components that reconcile adjusted operating income to operating income, an accepted GAAP measure, and other information as to the continuing operations of the Company's operating segments below. (In thousands) Three Months Ended June 30, 2018 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 246,829 $ 23,433 $ — $ 270,262 Distribution 380,460 123,278 (12,615 ) 491,123 Consolidated revenues, net $ 627,289 $ 146,711 $ (12,615 ) $ 761,385 Operating income (loss) $ 210,007 $ (11,338 ) $ (7,138 ) $ 191,531 Share-based compensation expense 16,259 3,494 — 19,753 Depreciation and amortization 8,412 13,257 — 21,669 Adjusted operating income $ 234,678 $ 5,413 $ (7,138 ) $ 232,953 (In thousands) Three Months Ended June 30, 2017 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 245,472 $ 21,373 $ — $ 266,845 Distribution 359,451 89,471 (5,222 ) 443,700 Consolidated revenues, net $ 604,923 $ 110,844 $ (5,222 ) $ 710,545 Operating income (loss) $ 211,623 $ (31,222 ) $ (4,611 ) $ 175,790 Share-based compensation expense 12,211 2,921 — 15,132 Restructuring (credit) expense (97 ) 16 — (81 ) Impairment and related charges — 17,112 — 17,112 Depreciation and amortization 8,430 12,176 — 20,606 Adjusted operating income $ 232,167 $ 1,003 $ (4,611 ) $ 228,559 (In thousands) Six Months Ended June 30, 2018 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 472,559 $ 45,943 $ — $ 518,502 Distribution 787,758 212,158 (16,210 ) 983,706 Consolidated revenues, net $ 1,260,317 $ 258,101 $ (16,210 ) $ 1,502,208 Operating income (loss) $ 459,859 $ (28,151 ) $ (6,522 ) $ 425,186 Share-based compensation expense 28,786 6,286 — 35,072 Depreciation and amortization 16,907 25,116 — 42,023 Adjusted operating income $ 505,552 $ 3,251 $ (6,522 ) $ 502,281 Capital expenditures $ 6,116 $ 31,286 $ — $ 37,402 (In thousands) Six Months Ended June 30, 2017 National Networks International and Other Inter-segment eliminations Consolidated Revenues, net Advertising $ 493,014 $ 41,443 $ — $ 534,457 Distribution 727,056 176,198 (6,977 ) 896,277 Consolidated revenues, net $ 1,220,070 $ 217,641 $ (6,977 ) $ 1,430,734 Operating income (loss) $ 461,230 $ (50,439 ) $ (3,330 ) $ 407,461 Share-based compensation expense 22,119 5,476 — 27,595 Restructuring (credit) expense (43 ) 2,666 — 2,623 Impairment and related charges — 17,112 — 17,112 Depreciation and amortization 16,834 27,265 — 44,099 Adjusted operating income $ 500,140 $ 2,080 $ (3,330 ) $ 498,890 Capital expenditures $ 8,294 $ 31,642 $ — $ 39,936
Summary of Inter-Segment Eliminations	Inter-segment eliminations are primarily licensing revenues recognized between the National Networks and International and Other segments as well as revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment. (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Inter-segment revenues National Networks $ (12,615 ) $ (5,142 ) $ (15,150 ) $ (6,866 ) International and Other — (80 ) (1,060 ) (111 ) $ (12,615 ) $ (5,222 ) $ (16,210 ) $ (6,977 )
Schedule of Revenue by Geographic Area	The table below summarizes revenues based on customer location: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Revenues United States $ 600,195 $ 548,555 $ 1,186,763 $ 1,148,610 Europe 116,422 108,076 202,686 186,750 Other 44,768 53,914 112,759 95,374 $ 761,385 $ 710,545 $ 1,502,208 $ 1,430,734
Schedule of Disclosure on Geographic Areas, Long-Lived Assets	The table below summarizes property and equipment based on asset location: (In thousands) June 30, 2018 December 31, 2017 Property and equipment, net United States $ 170,558 $ 136,203 Europe 26,047 28,261 Other 17,449 19,050 $ 214,054 $ 183,514

Condensed Consolidating Finan39

Condensed Consolidating Financial Statements (Tables)	6 Months Ended
	Jun. 30, 2018
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed Consolidating Balance Sheet June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 2,885 $ 243,413 $ 169,826 $ — $ 416,124 Accounts receivable, trade (including amounts due from related parties, net, — 596,408 222,322 — 818,730 Current portion of program rights, net — 308,628 154,238 — 462,866 Prepaid expenses, other current assets and intercompany receivable 3,075 207,653 19,028 (119,319 ) 110,437 Total current assets 5,960 1,356,102 565,414 (119,319 ) 1,808,157 Property and equipment, net of accumulated depreciation — 148,673 65,381 — 214,054 Investment in affiliates 3,496,168 1,493,775 — (4,989,943 ) — Program rights, net — 1,032,302 186,380 — 1,218,682 Long-term intercompany notes receivable — 46,497 421 (46,918 ) — Deferred carriage fees, net — 22,669 1,002 — 23,671 Intangible assets, net — 165,681 313,482 — 479,163 Goodwill — 65,954 644,093 — 710,047 Deferred tax asset, net — — 27,547 — 27,547 Other assets — 171,874 420,172 592,046 Total assets $ 3,502,128 $ 4,503,527 $ 2,223,892 $ (5,156,180 ) $ 5,073,367 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ (19 ) $ 41,371 $ 63,663 $ — $ 105,015 Accrued liabilities and intercompany payable 49,660 140,118 146,022 (119,319 ) 216,481 Current portion of program rights obligations — 276,571 70,505 — 347,076 Deferred revenue — 29,632 32,559 — 62,191 Current portion of capital lease obligations — 2,937 1,693 — 4,630 Total current liabilities 49,641 490,629 314,442 (119,319 ) 735,393 Program rights obligations — 428,322 14,343 — 442,665 Long-term debt, net 3,103,056 — — — 3,103,056 Capital lease obligations — 2,298 21,441 — 23,739 Deferred tax liability, net 132,090 — 17,509 — 149,599 Other liabilities and intercompany notes payable 51,442 86,110 83,122 (46,918 ) 173,756 Total liabilities 3,336,229 1,007,359 450,857 (166,237 ) 4,628,208 Commitments and contingencies Redeemable noncontrolling interests — — 249,739 — 249,739 Stockholders' equity: AMC Networks stockholders' equity 165,899 3,496,168 1,493,775 (4,989,943 ) 165,899 Non-redeemable noncontrolling interests — — 29,521 — 29,521 Total stockholders' equity 165,899 3,496,168 1,523,296 (4,989,943 ) 195,420 Total liabilities and stockholders' equity $ 3,502,128 $ 4,503,527 $ 2,223,892 $ (5,156,180 ) $ 5,073,367 Condensed Consolidating Balance Sheet December 31, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 320 $ 391,248 $ 167,215 $ — $ 558,783 Accounts receivable, trade (including amounts due from related parties, net, — 581,270 194,621 — 775,891 Current portion of program rights, net — 304,149 149,301 — 453,450 Prepaid expenses, other current assets and intercompany receivable 3,760 183,815 8,540 (104,389 ) 91,726 Total current assets 4,080 1,460,482 519,677 (104,389 ) 1,879,850 Property and equipment, net of accumulated depreciation — 136,032 47,482 — 183,514 Investment in affiliates 3,443,013 934,612 — (4,377,625 ) — Program rights, net — 1,128,021 191,258 — 1,319,279 Long-term intercompany notes receivable — 489,939 436 (490,375 ) — Deferred carriage fees, net — 29,346 578 — 29,924 Intangible assets, net — 170,554 286,688 — 457,242 Goodwill — 66,609 628,549 — 695,158 Deferred tax asset, net — — 20,081 — 20,081 Other assets — 142,115 305,822 447,937 Total assets $ 3,447,093 $ 4,557,710 $ 2,000,571 $ (4,972,389 ) $ 5,032,985 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 350 $ 50,282 $ 51,565 $ — $ 102,197 Accrued liabilities and intercompany payable 51,692 179,003 136,770 (104,389 ) 263,076 Current portion of program rights obligations — 262,004 65,545 — 327,549 Deferred revenue — 27,530 18,903 — 46,433 Current portion of long-term debt — — — — — Current portion of capital lease obligations — 2,939 1,908 — 4,847 Total current liabilities 52,042 521,758 274,691 (104,389 ) 744,102 Program rights obligations — 511,996 22,984 — 534,980 Long-term debt, net 3,099,257 — — — 3,099,257 Capital lease obligations — 3,745 22,532 — 26,277 Deferred tax liability, net 114,717 — (5,019 ) — 109,698 Other liabilities and intercompany notes payable 46,133 77,198 503,166 (490,375 ) 136,122 Total liabilities 3,312,149 1,114,697 818,354 (594,764 ) 4,650,436 Commitments and contingencies Redeemable noncontrolling interests — — 218,604 — 218,604 Stockholders' equity: AMC Networks stockholders' equity 134,944 3,443,013 934,612 (4,377,625 ) 134,944 Non-redeemable noncontrolling interests — — 29,001 — 29,001 Total stockholders' equity 134,944 3,443,013 963,613 (4,377,625 ) 163,945 Total liabilities and stockholders' equity $ 3,447,093 $ 4,557,710 $ 2,000,571 $ (4,972,389 ) $ 5,032,985
Condensed Income Statement	Condensed Consolidating Statement of Income Three Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 549,262 $ 216,006 $ (3,883 ) $ 761,385 Operating expenses: Technical and operating (excluding depreciation and amortization) — 248,181 129,742 (1,114 ) 376,809 Selling, general and administrative — 120,463 53,686 (2,773 ) 171,376 Depreciation and amortization — 11,175 10,494 — 21,669 Total operating expenses — 379,819 193,922 (3,887 ) 569,854 Operating income — 169,443 22,084 4 191,531 Other income (expense): Interest expense, net (37,834 ) 11,715 (7,814 ) — (33,933 ) Share of affiliates’ income (loss) 172,233 (4,192 ) — (168,041 ) — Miscellaneous, net 259 (2,504 ) (12,470 ) (4 ) (14,719 ) Total other income (expense) 134,658 5,019 (20,284 ) (168,045 ) (48,652 ) Income from operations before income taxes 134,658 174,462 1,800 (168,041 ) 142,879 Income tax expense (28,477 ) (2,229 ) (1,841 ) — (32,547 ) Net income including noncontrolling interests 106,181 172,233 (41 ) (168,041 ) 110,332 Net income attributable to noncontrolling interests — — (4,151 ) — (4,151 ) Net income attributable to AMC Networks’ stockholders $ 106,181 $ 172,233 $ (4,192 ) $ (168,041 ) $ 106,181 Condensed Consolidating Statement of Income Three Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 536,302 $ 179,675 $ (5,432 ) $ 710,545 Operating expenses: Technical and operating (excluding depreciation and amortization) — 240,150 95,472 (777 ) 334,845 Selling, general and administrative — 116,423 50,838 (4,988 ) 162,273 Depreciation and amortization — 10,123 10,483 — 20,606 Impairment charges — — 17,112 — 17,112 Restructuring credit — (45 ) (36 ) — (81 ) Total operating expenses — 366,651 173,869 (5,765 ) 534,755 Operating income — 169,651 5,806 333 175,790 Other income (expense): Interest expense, net (29,733 ) 10,165 (7,383 ) — (26,951 ) Share of affiliates’ income 184,748 5,681 — (190,429 ) — Miscellaneous, net (230 ) 1,898 17,645 (333 ) 18,980 Total other income (expense) 154,785 17,744 10,262 (190,762 ) (7,971 ) Income from operations before income taxes 154,785 187,395 16,068 (190,429 ) 167,819 Income tax expense (52,187 ) (2,647 ) (5,359 ) — (60,193 ) Net income including noncontrolling interests 102,598 184,748 10,709 (190,429 ) 107,626 Net income attributable to noncontrolling interests — — (5,028 ) — (5,028 ) Net income attributable to AMC Networks’ stockholders $ 102,598 $ 184,748 $ 5,681 $ (190,429 ) $ 102,598 Condensed Consolidating Statement of Income Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 1,124,179 $ 386,392 $ (8,363 ) $ 1,502,208 Operating expenses: Technical and operating (excluding depreciation and amortization) — 470,802 228,264 (1,892 ) 697,174 Selling, general and administrative — 242,522 101,775 (6,472 ) 337,825 Depreciation and amortization — 21,979 20,044 — 42,023 Total operating expenses — 735,303 350,083 (8,364 ) 1,077,022 Operating income — 388,876 36,309 1 425,186 Other income (expense): Interest expense, net (74,741 ) 23,612 (15,990 ) — (67,119 ) Share of affiliates' income 419,715 13,306 — (433,021 ) — Miscellaneous, net 53 (1,770 ) 3,945 (1 ) 2,227 Total other income (expense) 345,027 35,148 (12,045 ) (433,022 ) (64,892 ) Income from operations before income taxes 345,027 424,024 24,264 (433,021 ) 360,294 Income tax expense (81,976 ) (4,309 ) (3,141 ) — (89,426 ) Net income including noncontrolling interests 263,051 419,715 21,123 (433,021 ) 270,868 Net income attributable to noncontrolling interests — — (7,817 ) — (7,817 ) Net income attributable to Parent Company's stockholders $ 263,051 $ 419,715 $ 13,306 $ (433,021 ) $ 263,051 Condensed Consolidating Statement of Income Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Revenues, net $ — $ 1,115,684 $ 322,807 $ (7,757 ) $ 1,430,734 Operating expenses: Technical and operating (excluding depreciation and amortization) — 461,904 173,089 (1,536 ) 633,457 Selling, general and administrative — 236,104 96,317 (6,439 ) 325,982 Depreciation and amortization — 20,327 23,772 — 44,099 Impairment and related charges — — 17,112 — 17,112 Restructuring expense (credit) — 2,659 (36 ) — 2,623 Total operating expenses — 720,994 310,254 (7,975 ) 1,023,273 Operating income — 394,690 12,553 218 407,461 Other income (expense): Interest expense, net (59,145 ) 19,988 (14,801 ) — (53,958 ) Share of affiliates’ income 420,522 8,826 — (429,348 ) — Miscellaneous, net (343 ) 2,329 28,260 (218 ) 30,028 Total other income (expense) 361,034 31,143 13,459 (429,566 ) (23,930 ) Income from operations before income taxes 361,034 425,833 26,012 (429,348 ) 383,531 Income tax expense (122,220 ) (5,311 ) (5,744 ) — (133,275 ) Net income including noncontrolling interests 238,814 420,522 20,268 (429,348 ) 250,256 Net income attributable to noncontrolling interests — — (11,442 ) — (11,442 ) Net income attributable to AMC Networks’ stockholders $ 238,814 $ 420,522 $ 8,826 $ (429,348 ) $ 238,814
Condensed Statement of Comprehensive Income	Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income (loss) including noncontrolling interest $ 106,181 $ 172,233 $ (41 ) $ (168,041 ) $ 110,332 Other comprehensive income (loss): Foreign currency translation adjustment 7,780 — 7,780 (7,780 ) 7,780 Other comprehensive income, net of income taxes 7,780 — 7,780 (7,780 ) 7,780 Comprehensive income 113,961 172,233 7,739 (175,821 ) 118,112 Comprehensive income attributable to noncontrolling interests — — (2,173 ) — (2,173 ) Comprehensive income attributable to AMC Networks’ stockholders $ 113,961 $ 172,233 $ 5,566 $ (175,821 ) $ 115,939 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 102,598 $ 184,748 $ 10,709 $ (190,429 ) $ 107,626 Other comprehensive income (loss): Foreign currency translation adjustment 37,820 — 37,820 (37,820 ) 37,820 Unrealized loss on interest rate swaps (180 ) — — — (180 ) Unrealized (loss) gain on available for sale securities (1,083 ) — — — (1,083 ) Other comprehensive income, before income taxes 36,557 — 37,820 (37,820 ) 36,557 Income tax benefit 465 — — — 465 Other comprehensive income, net of income taxes 37,022 — 37,820 (37,820 ) 37,022 Comprehensive income 139,620 184,748 48,529 (228,249 ) 144,648 Comprehensive income attributable to noncontrolling interests — — (6,559 ) — (6,559 ) Comprehensive income attributable to AMC Networks’ stockholders $ 139,620 $ 184,748 $ 41,970 $ (228,249 ) $ 138,089 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 263,051 $ 419,715 $ 21,123 $ (433,021 ) $ 270,868 Other comprehensive income (loss): Foreign currency translation adjustment 26,585 — 26,585 (26,585 ) 26,585 Other comprehensive income, net of income taxes 26,585 — 26,585 (26,585 ) 26,585 Comprehensive income 289,636 419,715 47,708 (459,606 ) 297,453 Comprehensive income attributable to noncontrolling interests — — (6,736 ) — (6,736 ) Comprehensive income attributable to AMC Networks' stockholders $ 289,636 $ 419,715 $ 40,972 $ (459,606 ) $ 290,717 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net income including noncontrolling interest $ 238,814 $ 420,522 $ 20,268 $ (429,348 ) $ 250,256 Other comprehensive income (loss): Foreign currency translation adjustment 47,684 — 47,684 (47,684 ) 47,684 Unrealized gain on interest rate swaps 139 — — — 139 Unrealized gain on available for sale securities 2,938 — — — 2,938 Other comprehensive income, before income taxes 50,761 — 47,684 (47,684 ) 50,761 Income tax expense (1,132 ) — — — (1,132 ) Other comprehensive income, net of income taxes 49,629 — 47,684 (47,684 ) 49,629 Comprehensive income 288,443 420,522 67,952 (477,032 ) 299,885 Comprehensive income attributable to noncontrolling interests — — (13,364 ) — (13,364 ) Comprehensive income attributable to AMC Networks’ stockholders $ 288,443 $ 420,522 $ 54,588 $ (477,032 ) $ 286,521
Condensed Cash Flow Statement	Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2018 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by (used in) operating activities $ 296,928 $ 852,314 $ (437,627 ) $ (433,038 ) $ 278,577 Cash flows from investing activities: Capital expenditures — (32,827 ) (4,575 ) — (37,402 ) Return of capital from investees — — 347 — 347 Investment in investees — — (87,488 ) — (87,488 ) Payments for acquisition of a business, net of cash acquired — — (34,879 ) — (34,879 ) Increase to investment in affiliates (46,945 ) (1,550,189 ) 896,005 701,129 — Net cash (used in) provided by investing activities (46,945 ) (1,583,016 ) 769,410 701,129 (159,422 ) Cash flows from financing activities: Deemed repurchases of restricted stock units (15,734 ) — — — (15,734 ) Purchase of treasury stock (242,409 ) — — — (242,409 ) Proceeds from stock option exercises 4,317 — — — 4,317 Principal payments on capital lease obligations — (1,464 ) (1,161 ) — (2,625 ) Distributions to noncontrolling interests — — (6,967 ) — (6,967 ) Net cash used in financing activities (253,826 ) (1,464 ) (8,128 ) — (263,418 ) Net (decrease) increase in cash and cash equivalents from operations (3,843 ) (732,166 ) 323,655 268,091 (144,263 ) Effect of exchange rate changes on cash and cash equivalents 6,408 584,331 (321,044 ) (268,091 ) 1,604 Cash and cash equivalents at beginning of period 320 391,248 167,215 — 558,783 Cash and cash equivalents at end of period $ 2,885 $ 243,413 $ 169,826 $ — $ 416,124 Condensed Consolidated Statement of Cash Flows Six Months Ended June 30, 2017 (In thousands) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by operating activities $ 258,037 $ 322,282 $ 15,279 $ (429,621 ) $ 165,977 Cash flows from investing activities: Capital expenditures — (27,480 ) (12,456 ) — (39,936 ) Investment in and loans to investees — — (43,000 ) — (43,000 ) Increase (decrease) to investment in affiliates 102,285 (127,727 ) 40,148 (14,706 ) — Net cash provided by (used in) investing activities 102,285 (155,207 ) (15,308 ) (14,706 ) (82,936 ) Cash flows from financing activities: Principal payments on long-term debt (111,000 ) — 35 — (110,965 ) Deemed repurchases of restricted stock units (13,373 ) — — — (13,373 ) Purchase of treasury stock (244,374 ) — — — (244,374 ) Principal payments on capital lease obligations — (1,330 ) (1,196 ) — (2,526 ) Distributions to noncontrolling interests — — (12,930 ) — (12,930 ) Net cash used in financing activities (368,747 ) (1,330 ) (14,091 ) — (384,168 ) Net (decrease) increase in cash and cash equivalents from operations (8,425 ) 165,745 (14,120 ) (444,327 ) (301,127 ) Effect of exchange rate changes on cash and cash equivalents 7,976 (444,327 ) 1,241 444,327 9,217 Cash and cash equivalents at beginning of period 565 320,950 159,874 — 481,389 Cash and cash equivalents at end of period $ 116 $ 42,368 $ 146,995 $ — $ 189,479

Description Of Business And B40

Description Of Business And Basis Of Presentation (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)segmentnetwork	Jun. 30, 2017USD ($)	Jan. 01, 2018USD ($)	Dec. 31, 2017USD ($)
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accumulated earnings	$ 1,045,806		$ 1,045,806			$ 766,725
Number of Operating Segments | segment			2
Number of Nationally Distributed Programming Networks | network			5
Program Rights Write Offs	$ 3,900	$ 1,400	$ 9,200	$ 1,800
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accumulated earnings					$ 12,800

Description Of Business And B41

Description Of Business And Basis Of Presentation (Schedule of New Accounting Pronouncements) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Current assets	$ 1,808,157	$ 1,883,508	$ 1,879,850
Total assets	5,073,367	5,052,884	5,032,985
Current liabilities	735,393	744,937	744,102
Total liabilities	$ 4,628,208	4,657,551	4,650,436
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Current assets			1,879,850
Total assets			5,032,985
Current liabilities			744,102
Total liabilities			$ 4,650,436
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Current assets		3,658
Total assets		19,899
Current liabilities		835
Total liabilities		$ 7,115

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 27.7

Revenue Recognition (Contract w

Revenue Recognition (Contract with Customer, Asset and Liability) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Accounts Receivable, Net	$ 1,019,499	$ 926,089
Contract with Customer, Asset, Net, Current	5,460	0
Contract with Customer, Asset, Net, Noncurrent	6,598	0
Contract with Customer, Liability, Current	$ 62,191	$ 46,433

Net Income Per Share (Narrative

Net Income Per Share (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 13, 2018	Jun. 06, 2017	Mar. 07, 2016
Stock Repurchase Program, Authorized Amount	$ 1,500		$ 500	$ 500	$ 500
Common Class A [Member]
Treasury Stock, Shares, Acquired	4.7
Treasury Stock Acquired, Average Cost Per Share	$ 51.89
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 600.1
Restricted Stock Units (RSUs) [Member]
Antidilutive securities excluded from EPS	1.5	1
Employee Stock Option [Member]
Antidilutive securities excluded from EPS	0.4

Net Income Per Share (Reconcili

Net Income Per Share (Reconciliation Between Basic And Diluted Weighted Average Shares Outstanding) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Basic weighted average shares outstanding	57,758	66,224	59,354	67,117
Diluted weighted average shares outstanding	58,387	66,789	60,044	67,771
Employee Stock Option [Member]
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Incremental Common Shares Attributable to Share-based Payment Arrangements	5	0	3	0
Restricted Stock Units (RSUs) [Member]
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Incremental Common Shares Attributable to Share-based Payment Arrangements	624	565	687	654

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) - Levity [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Apr. 20, 2018
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired		57.00%
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	$ 29,600
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual	1,200
Business Combination, Acquisition Related Costs	$ 1,200
Business Acquisition, Transaction Costs		$ 48,350
Common Class B [Member]
Business Acquisition [Line Items]
Business Acquisition, Transaction Costs		35,000
Series L Preferred Stock [Member]
Business Acquisition [Line Items]
Business Acquisition, Transaction Costs		$ 13,400

Business Combinations (Schedule

Business Combinations (Schedule of Business Acquisitions) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Apr. 20, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 710,047		$ 695,158
Levity [Member]
Business Acquisition [Line Items]
Cash paid for controlling interest		$ 48,350
Redeemable noncontrolling interest		30,533
Cash		13,471
Other current assets		17,251
Property and equipment		20,663
Intangible assets		45,613
Other noncurrent assets		3,306
Current liabilities		(23,951)
Noncurrent liabilities		(21,394)
Noncontrolling interests acquired		(1,354)
Fair value of net assets acquired		53,605
Goodwill		25,278
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net		$ 78,883

Business Combinations (Schedu48

Business Combinations (Schedule of Pro Forma) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Business Combinations [Abstract]
Revenues, net	$ 772,078	$ 741,058	$ 1,552,633	$ 1,491,746
Income from continuing operations, net of income taxes	$ 105,291	$ 103,287	$ 261,809	$ 239,447
Net income per share, basic	$ 1.82	$ 1.56	$ 4.41	$ 3.57
Net income per share, diluted	$ 1.80	$ 1.55	$ 4.36	$ 3.53

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Jul. 29, 2018	Mar. 05, 2018	Feb. 26, 2018	Jan. 05, 2018	Dec. 31, 2017
Investments [Line Items]
Equity Method Investments	$ 93,700	$ 93,700					$ 61,300
Marketable Securities	7,800	7,800					10,700
Securities Owned Not Readily Marketable	72,200	$ 72,200					$ 46,800
Equity Method Investment, Other than Temporary Impairment	$ 10,000
Common Class A [Member]
Investments [Line Items]
Common stock, par value	$ 0.01	$ 0.01					$ 0.01
RLJE Stock Purchase Agreement [Member]
Investments [Line Items]
Warrants Received per RLJE Investment Agreement						747,945
Investment Warrants, Exercise Price		1.50
Business Acquisition, Transaction Costs						$ 17,200
RLJE Stock Purchase Agreement [Member] | Common Class A [Member]
Investments [Line Items]
Common Stock Of RLJE Acquired, Number Of Shares						678,095
RLJE Stock Purchase Agreement [Member] | Convertible Preferred Stock [Member]
Investments [Line Items]
Common Stock Of RLJE Acquired, Number Of Shares						7,479.432
RLJE [Member]
Investments [Line Items]
Investment Warrants, Exercise Price		3
Business Acquisition, Share Price					$ 4.25
RLJE [Member] | Subsequent Event [Member]
Investments [Line Items]
Business Acquisition, Transaction Costs			$ 65,300
Business Acquisition, Share Price			$ 6.25
Termination Rights, Termination Fee			$ 6,750
Termination Rights, Out Of Pocket Expenses			$ 3,000
Preferred Stock Cash Consideration Per Share of Common Stock			$ 7.81
RLJE [Member] | Common Class A [Member]
Investments [Line Items]
Common stock, par value	$ 0.001	$ 0.001
fuboTV [Member]
Investments [Line Items]
Securities Owned Not Readily Marketable				$ 25,000
Payments to Acquire Loans Receivable		$ 25,000

Goodwill and Other Intangible50

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Goodwill, Subsequent Recognition of Deferred Tax Asset	$ 656
Finite-Lived Intangible Assets, Amortization Expense	19,100	$ 18,100
National Networks [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill, Subsequent Recognition of Deferred Tax Asset	$ 656

Goodwill and Other Intangible51

Goodwill and Other Intangible Assets (Schedule Of Goodwill) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Goodwill [Roll Forward]
December 31, 2017	$ 695,158
Additions	25,278
Amortization of second component goodwill	(656)
Foreign currency translation	(9,733)
June 30, 2018	710,047
National Networks [Member]
Goodwill [Roll Forward]
December 31, 2017	239,759
Additions	0
Amortization of second component goodwill	(656)
Foreign currency translation	0
June 30, 2018	239,103
International And Other [Member]
Goodwill [Roll Forward]
December 31, 2017	455,399
Additions	25,278
Amortization of second component goodwill	0
Foreign currency translation	(9,733)
June 30, 2018	$ 470,944

Goodwill and Other Intangible52

Goodwill and Other Intangible Assets (Schedule Of Finite and Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Gross Carrying Amount of Amortizable Intangible Assets	$ 677,554	$ 639,157
Accumulated amortization	(218,291)	(201,815)
Amortizable intangible assets, net of accumulated amortization	459,263	437,342
Trademarks	19,900	19,900
Intangible Assets, Gross, Excluding Goodwill	697,454	659,057
Total intangible assets, net	479,163	457,242
Affiliate and Customer Relationships [Member]
Gross Carrying Amount of Amortizable Intangible Assets	548,389	527,713
Accumulated amortization	(181,307)	(167,911)
Amortizable intangible assets, net of accumulated amortization	$ 367,082	359,802
Advertiser Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	11 years
Gross Carrying Amount of Amortizable Intangible Assets	$ 46,282	46,282
Accumulated amortization	(15,509)	(13,405)
Amortizable intangible assets, net of accumulated amortization	$ 30,773	32,877
Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life	20 years
Gross Carrying Amount of Amortizable Intangible Assets	$ 71,493	53,761
Accumulated amortization	(15,353)	(14,420)
Amortizable intangible assets, net of accumulated amortization	56,140	39,341
Other Amortizable Intangible Assets [Member]
Gross Carrying Amount of Amortizable Intangible Assets	11,390	11,401
Accumulated amortization	(6,122)	(6,079)
Amortizable intangible assets, net of accumulated amortization	$ 5,268	$ 5,322
Minimum [Member] | Affiliate and Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	6 years
Minimum [Member] | Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life	15 years
Minimum [Member] | Other Amortizable Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life	2 years
Maximum [Member] | Affiliate and Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	25 years
Maximum [Member] | Other Amortizable Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life	15 years

Goodwill and Other Intangible53

Goodwill and Other Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) $ in Thousands	Jun. 30, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,018	$ 38,555
2,019	39,553
2,020	39,195
2,021	39,193
2,022	$ 39,181

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accrued Liabilities, Current [Abstract]
Interest	$ 29,911	$ 30,262
Employee related costs	71,850	117,850
Income taxes payable	17,225	19,558
Other accrued expenses	97,495	95,406
Total accrued liabilities	$ 216,481	$ 263,076

Long-term Debt (Narrative) (Det

Long-term Debt (Narrative) (Details) $ in Millions	Jun. 30, 2018USD ($)
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 500
Line of Credit [Member]
Debt Instrument [Line Items]
Long-term Line of Credit	$ 4
Line of Credit Facility, Interest Rate at Period End	3.50%

Long-term Debt (Summary of Long

Long-term Debt (Summary of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 3,150,000	$ 3,150,000
Unamortized discount	(31,521)	(33,776)
Unamortized deferred financing costs	(15,423)	(16,967)
Long-term debt, net	3,103,056	3,099,257
Term-A Facility [Member]
Debt Instrument [Line Items]
Long-term debt, net	738,414	737,140
5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term debt, net	$ 985,142	$ 984,056
Debt Instrument, Interest Rate, Stated Percentage	5.00%	5.00%
4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term debt, net	$ 593,905	$ 593,304
Debt Instrument, Interest Rate, Stated Percentage	4.75%	4.75%
4.75% Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Long-term debt, net	$ 785,595	$ 784,757
Debt Instrument, Interest Rate, Stated Percentage	4.75%	4.75%
Senior Notes [Member] | 5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,000,000	$ 1,000,000
Senior Notes [Member] | 4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	600,000	600,000
Senior Notes [Member] | 4.75% Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	800,000	800,000
Secured Debt [Member] | Term-A Facility [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 750,000	$ 750,000

Fair Value Measurement (Narrati

Fair Value Measurement (Narrative) (Details) $ / shares in Units, $ in Thousands, shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)$ / shares	Jun. 30, 2017USD ($)	Oct. 14, 2016shares
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 538	$ 8,703	$ 11,786	$ 19,555
Other Contract [Member] | Other Nonoperating Income (Expense) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 602	9,946	$ 12,289	21,063
Measurement Input, Discount for Lack of Marketability [Member] | Level III [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Inputs, Discount for Lack of Marketability (Deprecated 2018-01-31)	0.32		0.32
RLJE [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment Warrants, Exercise Price | $ / shares			$ 3
RLJE [Member] | Other Contract [Member] | Other Nonoperating Income (Expense) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 1,500	$ 8,200	$ 9,600	$ 17,200
RLJE [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrants Received per RLJE Investment Agreement | shares					20

Fair Value Measurement (Financi

Fair Value Measurement (Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	$ 15,541	$ 100,615
Marketable securities	7,827	10,709
Investments, Fair Value Disclosure	34,690	9,948
Interest Rate Swap [Member]
Assets, Fair Value Disclosure [Abstract]
Interest rate swap contracts	760	1,444
Foreign Exchange Forward [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign currency derivatives	3,146	3,801
Liabilities, Fair Value Disclosure [Abstract]
Foreign currency derivatives	3,798	4,475
Other Contract [Member]
Assets, Fair Value Disclosure [Abstract]
Other derivatives	51,411	37,065
Level I [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	15,541	100,615
Marketable securities	7,827	10,709
Investments, Fair Value Disclosure	34,690	9,948
Level II [Member] | Interest Rate Swap [Member]
Assets, Fair Value Disclosure [Abstract]
Interest rate swap contracts	760	1,444
Level II [Member] | Foreign Exchange Forward [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign currency derivatives	3,146	3,801
Liabilities, Fair Value Disclosure [Abstract]
Foreign currency derivatives	3,798	4,475
Level II [Member] | Other Contract [Member]
Assets, Fair Value Disclosure [Abstract]
Other derivatives	8,863	6,174
Level III [Member] | Other Contract [Member]
Assets, Fair Value Disclosure [Abstract]
Other derivatives	$ 42,548	$ 30,891

Fair Value Measurement (Carryin

Fair Value Measurement (Carrying Values And Fair Values Of The Company's Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	$ 3,103,056	$ 3,099,257
Long-term Debt, Fair Value	3,105,125	3,166,375
Term-A Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	738,414	737,140
Long-term Debt, Fair Value	748,125	748,125
4.75% Senior Notes Due 2025 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	785,595	784,757
Long-term Debt, Fair Value	768,000	793,000
5.00% Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	985,142	984,056
Long-term Debt, Fair Value	987,500	1,012,500
4.75% Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	593,905	593,304
Long-term Debt, Fair Value	$ 601,500	$ 612,750

Derivative Financial Instrume60

Derivative Financial Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 538	$ 8,703	$ 11,786	$ 19,555
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Notional Amount	200,000		200,000
Other Contract [Member] | Other Nonoperating Income (Expense) [Member]
Derivative [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 602	$ 9,946	$ 12,289	$ 21,063

Derivative Financial Instrume61

Derivative Financial Instruments (Fair Value Of Derivative Instruments Included In Balance Sheets) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Foreign Exchange Forward [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	$ 1,101	$ 943
Foreign Exchange Forward [Member] | Other Assets [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	2,045	2,858
Foreign Exchange Forward [Member] | Accrued Liabilities [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	759	1,223
Foreign Exchange Forward [Member] | Other Liabilities [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	3,039	3,252
Interest Rate Swap [Member] | Other Assets [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Interest Rate Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	760	1,444
Other Contract [Member] | Other Assets [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	$ 51,411	$ 37,065

Derivative Financial Instrume62

Derivative Financial Instruments (Schedule Of Gains And Losses Related To Derivative Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative [Line Items]
Unrealized gain (loss) on interest rate swaps	$ 0	$ (180)	$ 0	$ 139
Cash Flow Hedging [Member] | Interest Expense [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0	115	0	117
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Unrealized gain (loss) on interest rate swaps	$ 0	$ (65)	$ 0	$ 256

Derivative Financial Instrume63

Derivative Financial Instruments (Schedule of Other Derivatives Not Designated as Hedging Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 538	$ 8,703	$ 11,786	$ 19,555
Interest Rate Swap [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(538)	(7)	(684)	(5)
Foreign Exchange Forward [Member] | Other Nonoperating Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	474	(1,236)	181	(1,503)
Other Contract [Member] | Other Nonoperating Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 602	$ 9,946	$ 12,289	$ 21,063

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income tax expense	$ 32,547	$ 60,193	$ 89,426	$ 133,275
Effective tax rate	23.00%	36.00%	25.00%	35.00%
Federal statutory rate		35.00%	21.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount		$ 5,200	$ 16,100	$ 7,500
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount			8,300
Undistributed Earnings of Foreign Subsidiaries		(2,600)	(5,800)	(6,700)
State income tax expense	$ 2,300	2,600	6,200	6,000
Effective Income Tax Rate Reconciliation, Deduction, Qualified Production Activity, Amount		$ 4,400		$ 10,300
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	15,600		15,600
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount			(15,600)
Second component of tax deductible goodwill, net of tax	$ 700		$ 700

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Loss Contingencies [Line Items]
Increase (decrease) in contractual obligations not reflected in the balance sheet	$ (101.5)
Contractual Obligation	1,300
Loss Contingency, Damages Sought, Value	280
Threatened Litigation [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Value	$ 20

Equity Plans (Narrative) (Detai

Equity Plans (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deemed repurchases of restricted stock/units				$ 15,734	$ 13,373
Share-based compensation expense	$ 19,753		$ 15,132	$ 35,072	$ 27,595
Total unrecognized share-based compensation costs, remaining period of recognition (in years)				2 years 6 months
Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
New shares of Company's Class A common stock issued				424,684
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares surrendered to the Company for tax withholding				295,973
Total unrecognized share-based compensation costs	$ 120,400			$ 120,400
Restricted Stock Units (RSUs) [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested in period				720,657
2016 Employee Stock Plan [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, Grants in Period		684,737
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
2016 Employee Stock Plan [Member] | Restricted Stock Units (RSUs) [Member] | Share-based Compensation Award, Tranche One [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		195,028
2016 Employee Stock Plan [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, Equity Instruments Other than Options, Grants in Period		537,403
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
2016 Employee Stock Plan [Member] | Performance Vesting Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				0.00%
2016 Employee Stock Plan [Member] | Performance Vesting Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				200.00%

Redeemable Noncontrolling Int67

Redeemable Noncontrolling Interests Redeemable Noncontrolling Interests (Narrative) (Details)	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Noncontrolling Interest, Right to Put	50.00%

Redeemable Noncontrolling Int68

Redeemable Noncontrolling Interests Activity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
December 31, 2017	$ 218,604
Acquired	30,533
Net earnings	7,569
Distributions	(6,967)
June 30, 2018	$ 249,739

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Related Party Transactions [Line Items]
Aggregate voting power held by related party	72.00%		72.00%
Net revenues from related parties	$ 1,547	$ 1,512	$ 3,174	$ 3,079
Selling, general and administrative charges from related parties	$ 206	$ 415	$ 668	$ 989
Common Class A [Member]
Related Party Transactions [Line Items]
Percentage of common stock owned by related party	3.00%		3.00%

Cash Flows (Summary Of Non-Cash

Cash Flows (Summary Of Non-Cash Activities And Other Supplemental Data) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Noncash Investing and Financing Items [Abstract]
Treasury stock not yet settled	$ 0	$ 8,987
Exercise of RLJE Warrants	0	5,001
Capital expenditures incurred but not yet paid	2,419	2,412
Cash interest paid	71,750	56,832
Income taxes paid, net	$ 60,413	$ 124,474

Segment Information (Narrative)

Segment Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2018segment
Segment Reporting [Abstract]
Number of Operating Segments	2

Segment Information (Summary Of

Segment Information (Summary Of Continuing Operations By Reportable Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 761,385	$ 710,545	$ 1,502,208	$ 1,430,734
Operating income	191,531	175,790	425,186	407,461
Share-based compensation expense	19,753	15,132	35,072	27,595
Restructuring expense (credit)	0	(81)	0	2,623
Impairment and related charges	0	17,112	0	17,112
Depreciation and amortization	21,669	20,606	42,023	44,099
Adjusted operating income	232,953	228,559	502,281	498,890
Capital expenditures			37,402	39,936
Operating Segments [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	627,289	604,923	1,260,317	1,220,070
Operating income	210,007	211,623	459,859	461,230
Share-based compensation expense	16,259	12,211	28,786	22,119
Restructuring expense (credit)		(97)		(43)
Impairment and related charges		0		0
Depreciation and amortization	8,412	8,430	16,907	16,834
Adjusted operating income	234,678	232,167	505,552	500,140
Capital expenditures			6,116	8,294
Operating Segments [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	146,711	110,844	258,101	217,641
Operating income	(11,338)	(31,222)	(28,151)	(50,439)
Share-based compensation expense	3,494	2,921	6,286	5,476
Restructuring expense (credit)		16		2,666
Impairment and related charges		17,112		17,112
Depreciation and amortization	13,257	12,176	25,116	27,265
Adjusted operating income	5,413	1,003	3,251	2,080
Capital expenditures			31,286	31,642
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	(12,615)	(5,222)	(16,210)	(6,977)
Operating income	(7,138)	(4,611)	(6,522)	(3,330)
Share-based compensation expense	0	0	0	0
Restructuring expense (credit)		0		0
Impairment and related charges		0		0
Depreciation and amortization	0	0	0	0
Adjusted operating income	(7,138)	(4,611)	(6,522)	(3,330)
Capital expenditures			0	0
Intersegment Eliminations [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	(12,615)	(5,142)	(15,150)	(6,866)
Intersegment Eliminations [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	0	(80)	(1,060)	(111)
Advertising [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	270,262	266,845	518,502	534,457
Advertising [Member] | Operating Segments [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	246,829	245,472	472,559	493,014
Advertising [Member] | Operating Segments [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	23,433	21,373	45,943	41,443
Advertising [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Entertainment [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	491,123	443,700	983,706	896,277
Entertainment [Member] | Operating Segments [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	380,460	359,451	787,758	727,056
Entertainment [Member] | Operating Segments [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	123,278	89,471	212,158	176,198
Entertainment [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ (12,615)	$ (5,222)	$ (16,210)	$ (6,977)

Segment Information (Summary 73

Segment Information (Summary Of Inter-Segment Eliminations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 761,385	$ 710,545	$ 1,502,208	$ 1,430,734
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	(12,615)	(5,222)	(16,210)	(6,977)
Intersegment Eliminations [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	(12,615)	(5,142)	(15,150)	(6,866)
Intersegment Eliminations [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 0	$ (80)	$ (1,060)	$ (111)

Segment Information (Revenues b

Segment Information (Revenues by geographic region) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 761,385	$ 710,545	$ 1,502,208	$ 1,430,734
United States
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	600,195	548,555	1,186,763	1,148,610
Europe
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	116,422	108,076	202,686	186,750
Other Geographic Locations
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 44,768	$ 53,914	$ 112,759	$ 95,374

Segment Information (Long-lived

Segment Information (Long-lived assets by Geographic Location) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Property and equipment, net of accumulated depreciation	$ 214,054	$ 183,514
United States
Segment Reporting Information [Line Items]
Property and equipment, net of accumulated depreciation	170,558	136,203
Europe
Segment Reporting Information [Line Items]
Property and equipment, net of accumulated depreciation	26,047	28,261
Other Geographic Locations
Segment Reporting Information [Line Items]
Property and equipment, net of accumulated depreciation	$ 17,449	$ 19,050

Condensed Consolidating Finan76

Condensed Consolidating Financial Statements (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 3,150,000	$ 3,150,000
Parent Percentage of Ownership in Guarantor Subsidiaries	100.00%
4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.75%	4.75%
5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.00%	5.00%
4.75% Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.75%	4.75%
Senior Notes [Member] | 4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 600,000	$ 600,000
Senior Notes [Member] | 5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	1,000,000	1,000,000
Senior Notes [Member] | 4.75% Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 800,000	$ 800,000

Condensed Consolidating Finan77

Condensed Consolidating Financial Statements (Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 416,124		$ 558,783	$ 189,479	$ 481,389
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts)	818,730		775,891
Current portion of program rights, net	462,866		453,450
Prepaid expenses and other current assets	110,437		91,726
Total current assets	1,808,157	$ 1,883,508	1,879,850
Property and equipment, net of accumulated depreciation	214,054		183,514
Investment in affiliates	0		0
Program rights, net	1,218,682		1,319,279
Long-term intercompany notes receivable	0		0
Deferred carriage fees, net	23,671		29,924
Intangible assets, net	479,163		457,242
Goodwill	710,047		695,158
Deferred tax asset, net	27,547		20,081
Other assets	592,046		447,937
Total assets	5,073,367	5,052,884	5,032,985
Current Liabilities:
Accounts payable	105,015		102,197
Accrued liabilities and intercompany payable	216,481		263,076
Current portion of program rights obligations	347,076		327,549
Deferred revenue	62,191		46,433
Current portion of long-term debt			0
Current portion of capital lease obligations	4,630		4,847
Total current liabilities	735,393	744,937	744,102
Program rights obligations	442,665		534,980
Long-term debt	3,103,056		3,099,257
Capital lease obligations	23,739		26,277
Deferred tax liability, net	149,599		109,698
Other liabilities and intercompany notes payable	173,756		136,122
Total liabilities	4,628,208	$ 4,657,551	4,650,436
Commitments and contingencies
Redeemable noncontrolling interests	249,739		218,604
Stockholders' equity:
AMC Networks stockholders' equity	165,899		134,944
Non-redeemable noncontrolling interests	29,521		29,001
Total stockholders' equity	195,420		163,945
Total liabilities and stockholders' equity	5,073,367		5,032,985
Consolidation, Eliminations [Member]
Current Assets:
Cash and cash equivalents	0		0	0	0
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts)	0		0
Current portion of program rights, net	0		0
Prepaid expenses and other current assets	(119,319)		(104,389)
Total current assets	(119,319)		(104,389)
Property and equipment, net of accumulated depreciation	0		0
Investment in affiliates	(4,989,943)		(4,377,625)
Program rights, net	0		0
Long-term intercompany notes receivable	(46,918)		(490,375)
Deferred carriage fees, net	0		0
Intangible assets, net	0		0
Goodwill	0		0
Deferred tax asset, net	0		0
Other assets
Total assets	(5,156,180)		(4,972,389)
Current Liabilities:
Accounts payable	0		0
Accrued liabilities and intercompany payable	(119,319)		(104,389)
Current portion of program rights obligations	0		0
Deferred revenue	0		0
Current portion of long-term debt			0
Current portion of capital lease obligations	0		0
Total current liabilities	(119,319)		(104,389)
Program rights obligations	0		0
Long-term debt	0		0
Capital lease obligations	0		0
Deferred tax liability, net	0		0
Other liabilities and intercompany notes payable	(46,918)		(490,375)
Total liabilities	(166,237)		(594,764)
Commitments and contingencies
Redeemable noncontrolling interests	0		0
Stockholders' equity:
AMC Networks stockholders' equity	(4,989,943)		(4,377,625)
Non-redeemable noncontrolling interests	0		0
Total stockholders' equity	(4,989,943)		(4,377,625)
Total liabilities and stockholders' equity	(5,156,180)		(4,972,389)
Parent Company [Member]
Current Assets:
Cash and cash equivalents	2,885		320	116	565
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts)	0		0
Current portion of program rights, net	0		0
Prepaid expenses and other current assets	3,075		3,760
Total current assets	5,960		4,080
Property and equipment, net of accumulated depreciation	0		0
Investment in affiliates	3,496,168		3,443,013
Program rights, net	0		0
Long-term intercompany notes receivable	0		0
Deferred carriage fees, net	0		0
Intangible assets, net	0		0
Goodwill	0		0
Deferred tax asset, net	0		0
Other assets	0		0
Total assets	3,502,128		3,447,093
Current Liabilities:
Accounts payable	(19)		350
Accrued liabilities and intercompany payable	49,660		51,692
Current portion of program rights obligations	0		0
Deferred revenue	0		0
Current portion of long-term debt			0
Current portion of capital lease obligations	0		0
Total current liabilities	49,641		52,042
Program rights obligations	0		0
Long-term debt	3,103,056		3,099,257
Capital lease obligations	0		0
Deferred tax liability, net	132,090		114,717
Other liabilities and intercompany notes payable	51,442		46,133
Total liabilities	3,336,229		3,312,149
Commitments and contingencies
Redeemable noncontrolling interests	0		0
Stockholders' equity:
AMC Networks stockholders' equity	165,899		134,944
Non-redeemable noncontrolling interests	0		0
Total stockholders' equity	165,899		134,944
Total liabilities and stockholders' equity	3,502,128		3,447,093
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	243,413		391,248	42,368	320,950
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts)	596,408		581,270
Current portion of program rights, net	308,628		304,149
Prepaid expenses and other current assets	207,653		183,815
Total current assets	1,356,102		1,460,482
Property and equipment, net of accumulated depreciation	148,673		136,032
Investment in affiliates	1,493,775		934,612
Program rights, net	1,032,302		1,128,021
Long-term intercompany notes receivable	46,497		489,939
Deferred carriage fees, net	22,669		29,346
Intangible assets, net	165,681		170,554
Goodwill	65,954		66,609
Deferred tax asset, net	0		0
Other assets	171,874		142,115
Total assets	4,503,527		4,557,710
Current Liabilities:
Accounts payable	41,371		50,282
Accrued liabilities and intercompany payable	140,118		179,003
Current portion of program rights obligations	276,571		262,004
Deferred revenue	29,632		27,530
Current portion of long-term debt			0
Current portion of capital lease obligations	2,937		2,939
Total current liabilities	490,629		521,758
Program rights obligations	428,322		511,996
Long-term debt	0		0
Capital lease obligations	2,298		3,745
Deferred tax liability, net	0		0
Other liabilities and intercompany notes payable	86,110		77,198
Total liabilities	1,007,359		1,114,697
Commitments and contingencies
Redeemable noncontrolling interests	0		0
Stockholders' equity:
AMC Networks stockholders' equity	3,496,168		3,443,013
Non-redeemable noncontrolling interests	0		0
Total stockholders' equity	3,496,168		3,443,013
Total liabilities and stockholders' equity	4,503,527		4,557,710
Non-Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	169,826		167,215	$ 146,995	$ 159,874
Accounts receivable, trade (including amounts due from related parties, net, less allowance for doubtful accounts)	222,322		194,621
Current portion of program rights, net	154,238		149,301
Prepaid expenses and other current assets	19,028		8,540
Total current assets	565,414		519,677
Property and equipment, net of accumulated depreciation	65,381		47,482
Investment in affiliates	0		0
Program rights, net	186,380		191,258
Long-term intercompany notes receivable	421		436
Deferred carriage fees, net	1,002		578
Intangible assets, net	313,482		286,688
Goodwill	644,093		628,549
Deferred tax asset, net	27,547		20,081
Other assets	420,172		305,822
Total assets	2,223,892		2,000,571
Current Liabilities:
Accounts payable	63,663		51,565
Accrued liabilities and intercompany payable	146,022		136,770
Current portion of program rights obligations	70,505		65,545
Deferred revenue	32,559		18,903
Current portion of long-term debt			0
Current portion of capital lease obligations	1,693		1,908
Total current liabilities	314,442		274,691
Program rights obligations	14,343		22,984
Long-term debt	0		0
Capital lease obligations	21,441		22,532
Deferred tax liability, net	17,509		(5,019)
Other liabilities and intercompany notes payable	83,122		503,166
Total liabilities	450,857		818,354
Commitments and contingencies
Redeemable noncontrolling interests	249,739		218,604
Stockholders' equity:
AMC Networks stockholders' equity	1,493,775		934,612
Non-redeemable noncontrolling interests	29,521		29,001
Total stockholders' equity	1,523,296		963,613
Total liabilities and stockholders' equity	$ 2,223,892		$ 2,000,571

Condensed Consolidating Finan78

Condensed Consolidating Financial Statements (Income Statement) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 761,385	$ 710,545	$ 1,502,208	$ 1,430,734
Operating expenses
Technical and operating (excluding depreciation and amortization)	376,809	334,845	697,174	633,457
Selling, general and administrative	171,376	162,273	337,825	325,982
Depreciation and amortization	21,669	20,606	42,023	44,099
Impairment and related charges	0	17,112	0	17,112
Restructuring expense (credit)	0	(81)	0	2,623
Total operating expenses	569,854	534,755	1,077,022	1,023,273
Operating income	191,531	175,790	425,186	407,461
Other income (expense):
Interest expense, net	(33,933)	(26,951)	(67,119)	(53,958)
Share of affiliates' income	0	0	0	0
Miscellaneous, net	(14,719)	18,980	2,227	30,028
Total other income (expense)	(48,652)	(7,971)	(64,892)	(23,930)
Income from operations before income taxes	142,879	167,819	360,294	383,531
Income tax expense	(32,547)	(60,193)	(89,426)	(133,275)
Net income including noncontrolling interests	110,332	107,626	270,868	250,256
Net income attributable to noncontrolling interests	(4,151)	(5,028)	(7,817)	(11,442)
Net income attributable to AMC Networks’ stockholders	106,181	102,598	263,051	238,814
Consolidation, Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	(3,883)	(5,432)	(8,363)	(7,757)
Operating expenses
Technical and operating (excluding depreciation and amortization)	(1,114)	(777)	(1,892)	(1,536)
Selling, general and administrative	(2,773)	(4,988)	(6,472)	(6,439)
Depreciation and amortization	0	0	0	0
Impairment and related charges		0		0
Restructuring expense (credit)		0		0
Total operating expenses	(3,887)	(5,765)	(8,364)	(7,975)
Operating income	4	333	1	218
Other income (expense):
Interest expense, net	0	0	0	0
Share of affiliates' income	(168,041)	(190,429)	(433,021)	(429,348)
Miscellaneous, net	(4)	(333)	(1)	(218)
Total other income (expense)	(168,045)	(190,762)	(433,022)	(429,566)
Income from operations before income taxes	(168,041)	(190,429)	(433,021)	(429,348)
Income tax expense	0	0	0	0
Net income including noncontrolling interests	(168,041)	(190,429)	(433,021)	(429,348)
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to AMC Networks’ stockholders	(168,041)	(190,429)	(433,021)	(429,348)
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Operating expenses
Technical and operating (excluding depreciation and amortization)	0	0	0	0
Selling, general and administrative	0	0	0	0
Depreciation and amortization	0	0	0	0
Impairment and related charges		0		0
Restructuring expense (credit)		0		0
Total operating expenses	0	0	0	0
Operating income	0	0	0	0
Other income (expense):
Interest expense, net	(37,834)	(29,733)	(74,741)	(59,145)
Share of affiliates' income	172,233	184,748	419,715	420,522
Miscellaneous, net	259	(230)	53	(343)
Total other income (expense)	134,658	154,785	345,027	361,034
Income from operations before income taxes	134,658	154,785	345,027	361,034
Income tax expense	(28,477)	(52,187)	(81,976)	(122,220)
Net income including noncontrolling interests	106,181	102,598	263,051	238,814
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to AMC Networks’ stockholders	106,181	102,598	263,051	238,814
Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	549,262	536,302	1,124,179	1,115,684
Operating expenses
Technical and operating (excluding depreciation and amortization)	248,181	240,150	470,802	461,904
Selling, general and administrative	120,463	116,423	242,522	236,104
Depreciation and amortization	11,175	10,123	21,979	20,327
Impairment and related charges		0		0
Restructuring expense (credit)		(45)		2,659
Total operating expenses	379,819	366,651	735,303	720,994
Operating income	169,443	169,651	388,876	394,690
Other income (expense):
Interest expense, net	11,715	10,165	23,612	19,988
Share of affiliates' income	(4,192)	5,681	13,306	8,826
Miscellaneous, net	(2,504)	1,898	(1,770)	2,329
Total other income (expense)	5,019	17,744	35,148	31,143
Income from operations before income taxes	174,462	187,395	424,024	425,833
Income tax expense	(2,229)	(2,647)	(4,309)	(5,311)
Net income including noncontrolling interests	172,233	184,748	419,715	420,522
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to AMC Networks’ stockholders	172,233	184,748	419,715	420,522
Non-Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	216,006	179,675	386,392	322,807
Operating expenses
Technical and operating (excluding depreciation and amortization)	129,742	95,472	228,264	173,089
Selling, general and administrative	53,686	50,838	101,775	96,317
Depreciation and amortization	10,494	10,483	20,044	23,772
Impairment and related charges		17,112		17,112
Restructuring expense (credit)		(36)		(36)
Total operating expenses	193,922	173,869	350,083	310,254
Operating income	22,084	5,806	36,309	12,553
Other income (expense):
Interest expense, net	(7,814)	(7,383)	(15,990)	(14,801)
Share of affiliates' income	0	0	0	0
Miscellaneous, net	(12,470)	17,645	3,945	28,260
Total other income (expense)	(20,284)	10,262	(12,045)	13,459
Income from operations before income taxes	1,800	16,068	24,264	26,012
Income tax expense	(1,841)	(5,359)	(3,141)	(5,744)
Net income including noncontrolling interests	(41)	10,709	21,123	20,268
Net income attributable to noncontrolling interests	(4,151)	(5,028)	(7,817)	(11,442)
Net income attributable to AMC Networks’ stockholders	$ (4,192)	$ 5,681	$ 13,306	$ 8,826

Condensed Consolidating Finan79

Condensed Consolidating Financial Statements (Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Net income (loss) including noncontrolling interest	$ 110,332	$ 107,626	$ 270,868	$ 250,256
Other comprehensive income (loss):
Foreign currency translation adjustment	7,780	37,820	26,585	47,684
Unrealized gain (loss) on interest rate swaps	0	(180)	0	139
Unrealized gain (loss) on available for sale securities	0	(1,083)	0	2,938
Other comprehensive income, before income taxes	7,780	36,557	26,585	50,761
Income tax expense	0	465	0	(1,132)
Other comprehensive income, net of income taxes	7,780	37,022	26,585	49,629
Comprehensive income	118,112	144,648	297,453	299,885
Comprehensive income attributable to noncontrolling interests	(2,173)	(6,559)	(6,736)	(13,364)
Comprehensive income attributable to AMC Networks' stockholders	115,939	138,089	290,717	286,521
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss) including noncontrolling interest	(168,041)	(190,429)	(433,021)	(429,348)
Other comprehensive income (loss):
Foreign currency translation adjustment	(7,780)	(37,820)	(26,585)	(47,684)
Unrealized gain (loss) on interest rate swaps		0		0
Unrealized gain (loss) on available for sale securities		0		0
Other comprehensive income, before income taxes		(37,820)		(47,684)
Income tax expense		0		0
Other comprehensive income, net of income taxes	(7,780)	(37,820)	(26,585)	(47,684)
Comprehensive income	(175,821)	(228,249)	(459,606)	(477,032)
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income attributable to AMC Networks' stockholders	(175,821)	(228,249)	(459,606)	(477,032)
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss) including noncontrolling interest	106,181	102,598	263,051	238,814
Other comprehensive income (loss):
Foreign currency translation adjustment	7,780	37,820	26,585	47,684
Unrealized gain (loss) on interest rate swaps		(180)		139
Unrealized gain (loss) on available for sale securities		(1,083)		2,938
Other comprehensive income, before income taxes		36,557		50,761
Income tax expense		465		(1,132)
Other comprehensive income, net of income taxes	7,780	37,022	26,585	49,629
Comprehensive income	113,961	139,620	289,636	288,443
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income attributable to AMC Networks' stockholders	113,961	139,620	289,636	288,443
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss) including noncontrolling interest	172,233	184,748	419,715	420,522
Other comprehensive income (loss):
Foreign currency translation adjustment	0	0	0	0
Unrealized gain (loss) on interest rate swaps		0		0
Unrealized gain (loss) on available for sale securities		0		0
Other comprehensive income, before income taxes		0		0
Income tax expense		0		0
Other comprehensive income, net of income taxes	0	0	0	0
Comprehensive income	172,233	184,748	419,715	420,522
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income attributable to AMC Networks' stockholders	172,233	184,748	419,715	420,522
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss) including noncontrolling interest	(41)	10,709	21,123	20,268
Other comprehensive income (loss):
Foreign currency translation adjustment	7,780	37,820	26,585	47,684
Unrealized gain (loss) on interest rate swaps		0		0
Unrealized gain (loss) on available for sale securities		0		0
Other comprehensive income, before income taxes		37,820		47,684
Income tax expense		0		0
Other comprehensive income, net of income taxes	7,780	37,820	26,585	47,684
Comprehensive income	7,739	48,529	47,708	67,952
Comprehensive income attributable to noncontrolling interests	(2,173)	(6,559)	(6,736)	(13,364)
Comprehensive income attributable to AMC Networks' stockholders	$ 5,566	$ 41,970	$ 40,972	$ 54,588

Condensed Consolidating Finan80

Condensed Consolidating Financial Statements (Cash Flow) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net cash provided by operating activities	$ 278,577	$ 165,977
Cash flows from investing activities:
Capital expenditures	(37,402)	(39,936)
Return of capital from investees	347	0
Investment in and loans to investees	(87,488)	(43,000)
Payments for acquisition of a business, net of cash acquired	(34,879)	0
Increase to investment in affiliates	0	0
Net cash used in investing activities	(159,422)	(82,936)
Cash flows from financing activities:
Principal payments on long-term debt	0	(110,965)
Deemed repurchases of restricted stock units	(15,734)	(13,373)
Purchase of treasury stock	(242,409)	(244,374)
Proceeds from stock option exercises	4,317	0
Principal payments on capital lease obligations	(2,625)	(2,526)
Distributions to noncontrolling interests	(6,967)	(12,930)
Net cash used in financing activities	(263,418)	(384,168)
Net decrease in cash and cash equivalents from operations	(144,263)	(301,127)
Effect of exchange rate changes on cash and cash equivalents	1,604	9,217
Cash and cash equivalents at end of period	416,124	189,479
Consolidation, Eliminations [Member]
Cash flows from operating activities:
Net cash provided by operating activities	(433,038)	(429,621)
Cash flows from investing activities:
Capital expenditures	0	0
Return of capital from investees	0
Investment in and loans to investees	0	0
Payments for acquisition of a business, net of cash acquired	0
Increase to investment in affiliates	701,129	(14,706)
Net cash used in investing activities	701,129	(14,706)
Cash flows from financing activities:
Principal payments on long-term debt		0
Deemed repurchases of restricted stock units	0	0
Purchase of treasury stock	0	0
Proceeds from stock option exercises	0
Principal payments on capital lease obligations	0	0
Distributions to noncontrolling interests	0	0
Net cash used in financing activities	0	0
Net decrease in cash and cash equivalents from operations	268,091	(444,327)
Effect of exchange rate changes on cash and cash equivalents	(268,091)	444,327
Cash and cash equivalents at end of period	0	0
Parent Company [Member]
Cash flows from operating activities:
Net cash provided by operating activities	296,928	258,037
Cash flows from investing activities:
Capital expenditures	0	0
Return of capital from investees	0
Investment in and loans to investees	0	0
Payments for acquisition of a business, net of cash acquired	0
Increase to investment in affiliates	(46,945)	102,285
Net cash used in investing activities	(46,945)	102,285
Cash flows from financing activities:
Principal payments on long-term debt		(111,000)
Deemed repurchases of restricted stock units	(15,734)	(13,373)
Purchase of treasury stock	(242,409)	(244,374)
Proceeds from stock option exercises	4,317
Principal payments on capital lease obligations	0	0
Distributions to noncontrolling interests	0	0
Net cash used in financing activities	(253,826)	(368,747)
Net decrease in cash and cash equivalents from operations	(3,843)	(8,425)
Effect of exchange rate changes on cash and cash equivalents	6,408	7,976
Cash and cash equivalents at end of period	2,885	116
Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by operating activities	852,314	322,282
Cash flows from investing activities:
Capital expenditures	(32,827)	(27,480)
Return of capital from investees	0
Investment in and loans to investees	0	0
Payments for acquisition of a business, net of cash acquired	0
Increase to investment in affiliates	(1,550,189)	(127,727)
Net cash used in investing activities	(1,583,016)	(155,207)
Cash flows from financing activities:
Principal payments on long-term debt		0
Deemed repurchases of restricted stock units	0	0
Purchase of treasury stock	0	0
Proceeds from stock option exercises	0
Principal payments on capital lease obligations	(1,464)	(1,330)
Distributions to noncontrolling interests	0	0
Net cash used in financing activities	(1,464)	(1,330)
Net decrease in cash and cash equivalents from operations	(732,166)	165,745
Effect of exchange rate changes on cash and cash equivalents	584,331	(444,327)
Cash and cash equivalents at end of period	243,413	42,368
Non-Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by operating activities	(437,627)	15,279
Cash flows from investing activities:
Capital expenditures	(4,575)	(12,456)
Return of capital from investees	347
Investment in and loans to investees	(87,488)	(43,000)
Payments for acquisition of a business, net of cash acquired	(34,879)
Increase to investment in affiliates	896,005	40,148
Net cash used in investing activities	769,410	(15,308)
Cash flows from financing activities:
Principal payments on long-term debt		35
Deemed repurchases of restricted stock units	0	0
Purchase of treasury stock	0	0
Proceeds from stock option exercises	0
Principal payments on capital lease obligations	(1,161)	(1,196)
Distributions to noncontrolling interests	(6,967)	(12,930)
Net cash used in financing activities	(8,128)	(14,091)
Net decrease in cash and cash equivalents from operations	323,655	(14,120)
Effect of exchange rate changes on cash and cash equivalents	(321,044)	1,241
Cash and cash equivalents at end of period	$ 169,826	$ 146,995