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 Millions, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Programming networks and other services $ 364.8 $ 380.3 $ 1,100.1 $ 1,120.9
Home video net sales 43.4 65.7 138.2 241.9
Total revenue 408.2 446.0 1,238.3 1,362.8
Costs and expenses:        
Programming (including amortization) (Note 7) 155.5 166.1 470.1 477.4
Production and acquisition (including amortization) (Note 5) 36.0 67.9 126.8 221.0
Home video cost of sales 18.9 21.4 41.6 51.6
Operating 13.6 13.8 40.2 38.9
Selling, general and administrative 74.4 63.2 206.2 214.2
Stock compensation (Note 4) 7.6 8.8 22.9 25.1
Depreciation and amortization 4.9 4.1 14.9 12.9
Total costs and expenses 310.9 345.3 922.7 1,041.1
Operating income 97.3 100.7 315.6 321.7
Other income (expense):        
Interest expense, net of amounts capitalized (Note 2) (11.4) (11.6) (34.7) (33.2)
Other income (expense), net (Note 8) (1.5) 0.2 10.0 (1.8)
Income before income taxes 84.4 89.3 290.9 286.7
Income tax expense (Note 6) (28.6) (36.2) (99.3) (109.4)
Net income 55.8 53.1 191.6 177.3
Net loss (income) attributable to noncontrolling interests 0.5 (0.9) (0.3) (3.3)
Net income attributable to stockholders $ 56.3 $ 52.2 $ 191.3 $ 174.0
Basic net income per common share (Note 8) $ 0.54 $ 0.46 $ 1.79 $ 1.48
Diluted net income per common share (Note 8) $ 0.51 $ 0.43 $ 1.69 $ 1.42
Basic weighted average shares outstanding 104.7 114.6 106.6 117.6
Diluted weighted average shares outstanding 111.1 120.5 113.1 122.6