Quarterly report pursuant to Section 13 or 15(d)

Information about Operating Segments (Tables)

v3.4.0.3
Information about Operating Segments (Tables)
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Reconciliation of Adjusted OIBDA to income before income taxes
The reconciliation of Adjusted OIBDA to income before income taxes was as follows (in millions):
 
Three Months Ended March 31,
 
2016
 
2015
Consolidated Adjusted OIBDA
$
127.1

 
$
155.5

Stock compensation
(8.3
)
 
(8.3
)
Depreciation and amortization
(4.7
)
 
(4.7
)
Interest expense, net of amounts capitalized
(11.9
)
 
(11.2
)
Other income (expense), net
0.4

 
(2.2
)
Income before income taxes
$
102.6

 
$
129.1

Schedule of Segment Reporting Information, by Segment
Performance Measures (in millions):
 
Three Months Ended March 31,
 
2016
 
2015
Revenue:
 
 
 
Starz Networks
$
339.9

 
$
334.0

Starz Distribution
92.7

 
109.7

Starz Animation
—

 
7.3

Inter-segment eliminations
(0.7
)
 
(0.3
)
 
$
431.9

 
$
450.7

 
 
 
 
Adjusted OIBDA:
 
 
 
Starz Networks
$
116.8

 
$
129.7

Starz Distribution
10.6

 
26.4

Starz Animation
—

 
(0.6
)
Inter-segment eliminations
(0.3
)
 
—

 
$
127.1

 
$
155.5


Other Information (in millions):
 
Three Months Ended March 31,
 
2016
 
2015
Cash paid for investment in films and television programs:
 
 
 
Starz Networks
$
81.1

 
$
69.1

Starz Distribution
15.1

 
39.6

Starz Animation
—

 
—

Inter-segment eliminations
—

 
—

 
$
96.2

 
$
108.7

 
 
 
 
 
March 31,
2016
 
December 31,
2015
Total assets:
 
 
 
Starz Networks
$
1,499.2

 
$
1,365.9

Starz Distribution
173.9

 
166.8

Starz Animation
—

 
—

Other unallocated assets (primarily cash, deferred taxes and other assets, including income taxes receivable and the commercial lease for Starz’s corporate headquarters facility)
78.3

 
109.7

Inter-segment eliminations
(95.9
)
 
(78.2
)
 
$
1,655.5

 
$
1,564.2