Equity Plans |
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| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Plans | Equity Plans During the three months ended June 30, 2026, AMC Global Media granted 98,334 director stock units to non-employee directors under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors that vested on the date of grant and, pursuant to the terms of the grant agreement, will be cash-settled 90 days after each non-employee director’s separation from service as a member of the Board of Directors. In accordance with ASC Topic 718, the Company recognized an expense for the fair value of these awards at June 30, 2026 with the associated liability included within Other Liabilities in the condensed consolidated balance sheet. In accordance with ASC Topic 718, the Company will remeasure to fair value each of these liability classified share-based compensation awards at each quarterly reporting date until settlement. During the three months ended March 31, 2026, AMC Global Media granted 3,398,929 RSUs to certain executive officers and employees under the AMC Global Media Inc. Amended and Restated 2016 Employee Stock Plan, which vest ratably over a three-year period. During the three months ended June 30, 2026, 101,186 RSUs previously issued to employees of the Company vested. On the vesting date, 51,655 RSUs were surrendered to AMC Global Media to cover the required statutory tax withholding obligations and 49,531 shares of Class A Common Stock were issued. During the six months ended June 30, 2026, 2,113,228 RSUs previously issued to employees of the Company vested. On the vesting date, 850,066 RSUs were surrendered to AMC Global Media to cover the required statutory tax withholding obligations and 1,263,162 shares of Class A Common Stock were issued. RSUs are surrendered to satisfy the employees' statutory minimum tax withholding obligations for the applicable income and other employment tax. The RSUs surrendered during the six months ended June 30, 2026 had an aggregate value of $7.1 million, which has been reflected as a financing activity in the condensed consolidated statements of cash flows for the six months ended June 30, 2026. The following table summarizes share-based compensation expenses, which are recognized in the condensed consolidated statements of income (loss) as part of Selling, general and administrative expenses:
As of June 30, 2026, there was $31.0 million of total unrecognized share-based compensation cost related to outstanding unvested share-based awards. The unrecognized compensation cost is expected to be recognized over a weighted average remaining period of approximately 2.4 years.
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