Starz, LLC
CIK:0001559270|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Revenue: | ||||
| Programming networks and other services | $ 381.6 | $ 369.8 | $ 1,165.6 | $ 1,165.9 |
| Home video net sales | 26.2 | 34.3 | 76.7 | 106.6 |
| Total revenue | 407.8 | 404.1 | 1,242.3 | 1,272.5 |
| Costs and expenses: | ||||
| Programming (including amortization) (Notes 3 and 5) | 181.9 | 159.0 | 480.7 | 459.5 |
| Production and acquisition (including amortization) | 43.0 | 39.7 | 144.3 | 146.3 |
| Home video cost of sales | 7.6 | 9.2 | 20.1 | 29.6 |
| Operating (Note 3) | 7.6 | 15.2 | 20.7 | 40.9 |
| Selling, general and administrative (Note 3) | 85.9 | 74.4 | 255.8 | 227.1 |
| Merger related | 2.1 | 0.0 | 11.6 | 0.0 |
| Depreciation and amortization | 5.7 | 4.8 | 15.6 | 14.3 |
| Total costs and expenses | 333.8 | 302.3 | 948.8 | 917.7 |
| Operating income | 74.0 | 101.8 | 293.5 | 354.8 |
| Other expense: | ||||
| Interest expense, net of amounts capitalized (Note 2) | (11.7) | (11.5) | (35.1) | (34.0) |
| Other expense, net | (3.7) | (4.5) | (10.0) | (8.8) |
| Income before income taxes | 58.6 | 85.8 | 248.4 | 312.0 |
| Income tax expense (Note 4) | (24.3) | (26.3) | (92.7) | (103.4) |
| Net income | 34.3 | 59.5 | 155.7 | 208.6 |
| Net loss (income) attributable to noncontrolling interest | 0.0 | 0.7 | 0.0 | (0.4) |
| Net income attributable to member | $ 34.3 | $ 60.2 | $ 155.7 | $ 208.2 |