AMC Networks Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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FY2023 · Filed Feb 9, 2024
AMCX$8.61-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In thousands, except per share amounts)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Revenues, net | $2,711,877 | $3,096,545 | $3,077,608 |
| Operating expenses: | |||
| Technical and operating (excluding depreciation and amortization) | 1,327,500 | 1,515,902 | 1,432,083 |
| Selling, general and administrative | 764,087 | 896,817 | 891,734 |
| Depreciation and amortization | 107,402 | 107,227 | 93,881 |
| Impairment and other charges | 96,689 | 40,717 | 159,610 |
| Restructuring and other related charges | 27,787 | 448,966 | 10,378 |
| Total operating expenses | 2,323,465 | 3,009,629 | 2,587,686 |
| Operating income | 388,412 | 86,916 | 489,922 |
| Other income (expense): | |||
| Interest expense | (152,703) | (133,762) | (129,073) |
| Interest income | 37,018 | 13,326 | 10,243 |
| Loss on extinguishment of debt | — | — | (22,074) |
| Miscellaneous, net | 23,279 | 3,568 | 25,214 |
| Total other expense | (92,406) | (116,868) | (115,690) |
| Income (loss) from operations before income taxes | 296,006 | (29,952) | 374,232 |
| Income tax (expense) benefit | (94,606) | 40,980 | (94,393) |
| Net income including noncontrolling interests | 201,400 | 11,028 | 279,839 |
| Net (income) loss attributable to noncontrolling interests | 14,064 | (3,434) | (29,243) |
| Net income attributable to AMC Networks' stockholders | $215,464 | $7,594 | $250,596 |
| Net income per share attributable to AMC Networks' stockholders: | |||
| Basic | $4.92 | $0.18 | $5.92 |
| Diluted | $4.90 | $0.17 | $5.77 |
| Weighted average common shares: | |||
| Basic | 43,827 | 43,135 | 42,361 |
| Diluted | 43,991 | 43,731 | 43,439 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.