v3.25.3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Revenues, net	$ 561,741	$ 599,614	$ 1,716,998	$ 1,822,009
Operating expenses:
Technical and operating (excluding depreciation and amortization)	291,075	287,746	842,297	840,049
Selling, general and administrative	189,291	191,622	608,970	588,679
Depreciation and amortization	21,378	23,097	68,750	75,416
Impairment and other charges	0	0	0	96,819
Restructuring and other related charges	4,479	3,496	12,797	6,427
Total operating expenses	506,223	505,961	1,532,814	1,607,390
Operating income	55,518	93,653	184,184	214,619
Other income (expense):
Interest expense	(44,574)	(45,123)	(130,426)	(121,180)
Interest income	6,113	9,303	22,733	27,480
Gain (loss) on extinguishment of debt, net	105,316	(352)	131,061	(105)
Miscellaneous, net	473	8,850	21,180	5,153
Total other income (expense)	67,328	(27,322)	44,548	(88,652)
Income from operations before income taxes	122,846	66,331	228,732	125,967
Income tax expense	(42,765)	(19,891)	(73,792)	(54,433)
Net income including noncontrolling interests	80,081	46,440	154,940	71,534
Less: Net income attributable to noncontrolling interests	(3,552)	(5,058)	(10,073)	(13,583)
Net income attributable to AMC Networks' stockholders	$ 76,529	$ 41,382	$ 144,867	$ 57,951
Net income per share attributable to AMC Networks' stockholders:
Basic (in dollars per share)	$ 1.73	$ 0.93	$ 3.25	$ 1.31
Diluted (in dollars per share)	$ 1.38	$ 0.76	$ 2.63	$ 1.21
Weighted average common shares:
Basic (in shares)	44,136	44,607	44,606	44,381
Diluted (in shares)	56,275	56,149	56,412	49,038

Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 942
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480095/942-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 942
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480035/942-10-S99-6

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482130/360-10-45-4

AMC Networks Inc. 10-Q