Quarterly report pursuant to Section 13 or 15(d)

Information about Operating Segments (Tables)

v2.4.0.8
Information about Operating Segments (Tables)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Reconciliation of Adjusted OIBDA to income before income taxes
The following table provides a reconciliation of Adjusted OIBDA to income before income taxes (in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Consolidated Adjusted OIBDA
$
109.8

 
$
113.6

 
$
353.4

 
$
359.7

Stock compensation
(7.6
)
 
(8.8
)
 
(22.9
)
 
(25.1
)
Depreciation and amortization
(4.9
)
 
(4.1
)
 
(14.9
)
 
(12.9
)
Interest expense, net of amounts capitalized
(11.4
)
 
(11.6
)
 
(34.7
)
 
(33.2
)
Other income (expense), net
(1.5
)
 
0.2

 
10.0

 
(1.8
)
Income before income taxes
$
84.4

 
$
89.3

 
$
290.9

 
$
286.7

Schedule of Segment Reporting Information, by Segment
Performance Measures (in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Revenue:
 
 
 
 
 
 
 
Starz Networks
$
327.2

 
$
319.8

 
$
979.4

 
$
975.6

Starz Distribution
73.5

 
117.5

 
235.9

 
365.7

Starz Animation
7.9

 
8.7

 
24.0

 
22.8

Inter-segment eliminations
(0.4
)
 
—

 
(1.0
)
 
(1.3
)
Total revenue
$
408.2

 
$
446.0

 
$
1,238.3

 
$
1,362.8

 
 
 
 
 
 
 
 
Adjusted OIBDA:
 
 
 
 
 
 
 
Starz Networks
$
109.9

 
$
106.5

 
$
345.7

 
$
337.3

Starz Distribution
0.6

 
7.3

 
9.5

 
24.5

Starz Animation
(0.7
)
 
(0.5
)
 
(2.1
)
 
(1.8
)
Inter-segment eliminations
—

 
0.3

 
0.3

 
(0.3
)
Total Adjusted OIBDA
$
109.8

 
$
113.6

 
$
353.4

 
$
359.7


Other Information (in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Cash paid for investment in films and television programs:
 
 
 
 
 
 
 
Starz Networks
$
57.5

 
$
43.1

 
$
173.1

 
$
94.1

Starz Distribution
29.4

 
64.7

 
94.3

 
115.3

Starz Animation
—

 
—

 
—

 
—

Inter-segment eliminations
—

 
—

 
—

 
—

Total cash paid for investment in films and television programs
$
86.9

 
$
107.8

 
$
267.4

 
$
209.4

 
 
 
 
 
 
 
 
 
 
 
 
 
September 30,
2014
 
December 31,
2013
Total assets:
 
 
 
Starz Networks
$
1,336.0

 
$
1,197.7

Starz Distribution
116.6

 
188.8

Starz Animation
3.0

 
2.8

Other unallocated assets (primarily cash, deferred taxes and other assets, including a commercial lease with subsidiary of Liberty Media)
85.7

 
99.2

Inter-segment eliminations
(41.4
)
 
(38.5
)
Total assets
$
1,499.9

 
$
1,450.0