Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
Programming networks and other services $ 380,376 $ 346,246 $ 1,120,945 $ 1,075,124
Home video net sales 65,677 54,724 241,846 133,372
Total revenue 446,053 400,970 1,362,791 1,208,496
Costs and expenses:        
Programming costs (including amortization) (Note 7) 166,036 164,421 477,360 504,674
Production and acquisition costs (including amortization) (Note 5) 67,942 42,169 220,999 117,617
Home video cost of sales 21,334 19,033 51,550 40,261
Operating expenses 13,803 12,501 38,925 38,876
Selling, general and administrative (Note 5) 63,219 54,705 214,201 163,611
Stock compensation (Note 4) 8,815 3,653 25,127 9,888
Depreciation and amortization 4,148 4,980 12,917 13,787
Total costs and expenses 345,297 301,462 1,041,079 888,714
Operating income 100,756 99,508 321,712 319,782
Other income (expense):        
Interest expense, net of amounts capitalized (Note 2) (11,655) (9,475) (33,214) (18,805)
Other income (expense), net 195 (487) (1,798) 3,680
Income before income taxes 89,296 89,546 286,700 304,657
Income tax expense (Note 6) (36,210) (34,264) (109,376) (100,572)
Net income 53,086 55,282 177,324 204,085
Net loss (income) attributable to noncontrolling interests (842) 1,142 (3,328) (1,154)
Net income attributable to stockholders $ 52,244 $ 56,424 $ 173,996 $ 202,931
Basic net income per common share (Note 8) $ 0.46 $ 0.47 $ 1.48 $ 1.69
Diluted net income per common share (Note 8) $ 0.43 $ 0.47 $ 1.42 $ 1.69
Basic weighted average shares outstanding 114,621 119,996 117,616 119,996
Diluted weighted average shares outstanding 120,522 120,047 122,626 120,047