Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.3.0.814
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 17.0 $ 13.4
Trade accounts receivable, net of allowances of $27.2 and $41.9 252.0 249.1
Program rights, net 347.0 303.5
Deferred income taxes 0.9 0.9
Other current assets 55.2 70.1
Total current assets 672.1 637.0
Noncurrent assets:    
Program rights 306.1 311.3
Investment in films and television programs, net 290.8 319.5
Property and equipment, net of accumulated depreciation of $136.2 and $123.4 85.9 89.8
Deferred income taxes 22.6 0.0
Goodwill 131.8 131.8
Other assets, net (Note 8) 107.2 83.8
Total assets 1,616.5 1,573.2
Current liabilities:    
Current portion of debt (Note 2) 5.5 5.3
Trade accounts payable 7.3 10.1
Accrued liabilities (Notes 5, 7 and 8) 205.5 327.4
Deferred revenue 9.1 7.4
Total current liabilities 227.4 350.2
Noncurrent liabilities:    
Debt (Note 2) 1,162.7 1,174.2
Deferred Tax Liabilities, Net, Noncurrent 0.0 1.1
Other liabilities (Note 7) 5.4 7.9
Total liabilities 1,395.5 1,533.4
Stockholders' Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued 0.0 0.0
Additional paid-in capital 0.0 24.0
Accumulated other comprehensive loss, net of taxes (1.8) (2.3)
Retained earnings 230.2 25.8
Total stockholders’ equity 229.4 48.5
Noncontrolling interest in subsidiary (8.4) (8.7)
Total equity $ 221.0 $ 39.8
Commitments and contingencies (Note 7)
Total liabilities and member’s interest and noncontrolling interests $ 1,616.5 $ 1,573.2
Series A    
Stockholders' Equity    
Common stock 0.9 0.9
Series B    
Stockholders' Equity    
Common stock $ 0.1 $ 0.1