Annual report pursuant to Section 13 and 15(d)

Other Information (Tables)

v3.3.1.900
Other Information (Tables)
 12 Months Ended
Dec. 31, 2015
Other Information [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Supplemental Disclosure of Cash Flow Information

Supplemental disclosure of cash flow information was as follows (in millions):
 
Years ended December 31,
 
2015
 
2014
 
2013
Cash paid for interest, net of amounts capitalized
$
43.7

 
$
44.0

 
$
43.4

Cash paid for income taxes
$
124.7

 
$
107.9

 
$
184.4

Distribution of corporate office building to Old LMC
$
—

 
$
—

 
$
45.7

Capital lease with subsidiary of Liberty Media
$
—

 
$
—

 
$
44.8

Tax attributes related to LMC Spin-Off
$
—

 
$
—

 
$
11.5

Schedule of Allowance for Trade Receivables
Changes in the allowance for trade receivables were as follows (in millions):
Description
 
Balance at
beginning of
period
 
Charged to
costs and
expenses(1)
 
Charged to
other accounts(1)
 
Deductions(2)
 
Balance at
end of
period
Year ended December 31, 2015:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
1.1

 
$
(0.4
)
 
$
—

 
$
(0.1
)
 
$
0.6

Allowance for sales returns
40.8

 
—

 
99.4

 
(105.6
)
 
34.6

 
$
41.9

 
$
(0.4
)
 
$
99.4

 
$
(105.7
)
 
$
35.2

Year ended December 31, 2014:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
1.1

 
$
3.4

 
$
—

 
$
(3.4
)
 
$
1.1

Allowance for sales returns
31.7

 
—

 
126.5

 
(117.4
)
 
40.8

 
$
32.8

 
$
3.4

 
$
126.5

 
$
(120.8
)
 
$
41.9

Year ended December 31, 2013:
 
 
 
 
 
 
 
 
 
Reserves:
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
0.3

 
$
0.8

 
$
—

 
$
—

 
$
1.1

Allowance for sales returns
34.7

 
—

 
141.4

 
(144.4
)
 
31.7

 
$
35.0

 
$
0.8

 
$
141.4

 
$
(144.4
)
 
$
32.8

(1)
Charges for doubtful accounts are included in selling, general and administrative expense and charges for sales returns are recorded against revenue. During the year ended December 31, 2015, an account receivable previously written off was collected and resulted in a credit balance for amounts charged to costs and expenses.
(2)
Actual home video returns, uncollectible accounts written off and foreign currency exchange rate changes.
Schedule of Other Assets
Other current assets consisted of the following (in millions):
 
December 31,
 
2015
 
2014
Income tax receivable
$
44.1

 
$
29.8

Other
46.0

 
40.3

 
$
90.1

 
$
70.1


Schedule of Weighted Average Number of Shares [Table Text Block]
The reconciliation between basic and diluted weighted average shares outstanding was as follows (in millions):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Basic weighted average shares outstanding
101.2

 
105.5

 
115.9

Effect of dilution:
 
 
 
 
 
Stock options
4.9

 
5.3

 
3.8

Restricted shares
0.2

 
0.7

 
1.4

Diluted weighted average shares outstanding
106.3

 
111.5

 
121.1