Net income per basic share is based upon net income attributable to AMC Networks' stockholders divided by the weighted average number of shares of Class A Common Stock and Class B Common Stock outstanding during the period. Net income per diluted share reflects the dilutive effects, if any, of AMC Networks' outstanding equity-based awards and the assumed conversion of the Company's 4.25% Convertible Senior Notes due 2029 (the "Convertible Notes") issued in June 2024. | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Net income (loss) attributable to AMC Networks' stockholders used for basic net income (loss) per share | $ | 50,289 | | | $ | (29,234) | | | $ | 68,338 | | | $ | 16,569 | | | Add: Convertible Notes interest expense, net of tax | 1,145 | | | — | | | 2,291 | | | 116 | | | Net income (loss) attributable to AMC Networks' stockholders used for diluted net income (loss) per share | $ | 51,434 | | | $ | (29,234) | | | $ | 70,629 | | | $ | 16,685 | | | | | | | | | | | Basic weighted average common shares outstanding | 44,868 | | | 44,466 | | | 44,845 | | | 44,267 | | | Effect of dilution: | | | | | | | | | Restricted stock units | 196 | | | — | | | 351 | | | 556 | | | Convertible Notes | 11,286 | | | — | | | 11,286 | | | 620 | | | Diluted weighted average common shares outstanding | 56,350 | | | 44,466 | | | 56,482 | | | 45,443 | | | | | | | | | | | Net income (loss) per share attributable to AMC Networks' stockholders: | | | | | | | | | Basic | $ | 1.12 | | | $ | (0.66) | | | $ | 1.52 | | | $ | 0.37 | | | Diluted | $ | 0.91 | | | $ | (0.66) | | | $ | 1.25 | | | $ | 0.37 | |
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