v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues, net $ 600,024 $ 625,934 $ 1,155,257 $ 1,222,395
Operating expenses:        
Technical and operating (excluding depreciation and amortization) 283,876 280,727 551,222 552,303
Selling, general and administrative 221,704 208,176 419,679 397,057
Depreciation and amortization 26,446 26,493 47,372 52,319
Impairment and other charges 0 96,819 0 96,819
Restructuring and other related charges 3,529 2,931 8,318 2,931
Total operating expenses 535,555 615,146 1,026,591 1,101,429
Operating income 64,469 10,788 128,666 120,966
Other income (expense):        
Interest expense (42,460) (43,216) (85,852) (76,057)
Interest income 8,205 9,292 16,620 18,177
Gain on extinguishment of debt, net 25,745 247 25,745 247
Miscellaneous, net 12,819 1,493 20,707 (3,697)
Total other income (expense) 4,309 (32,184) (22,780) (61,330)
Income (loss) from operations before income taxes 68,778 (21,396) 105,886 59,636
Income tax expense (16,072) (10,893) (31,027) (34,542)
Net income (loss) including noncontrolling interests 52,706 (32,289) 74,859 25,094
Less: Net (income) loss attributable to noncontrolling interests (2,417) 3,055 (6,521) (8,525)
Net income (loss) attributable to AMC Networks' stockholders $ 50,289 $ (29,234) $ 68,338 $ 16,569
Net income (loss) per share attributable to AMC Networks' stockholders:        
Basic (in dollars per share) $ 1.12 $ (0.66) $ 1.52 $ 0.37
Diluted (in dollars per share) $ 0.91 $ (0.66) $ 1.25 $ 0.37
Weighted average common shares:        
Basic (in shares) 44,868 44,466 44,845 44,267
Diluted (in shares) 56,350 44,466 56,482 45,443