v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 816,377 $ 570,576
Accounts receivable, trade (less allowance for doubtful accounts of $9,207 and $9,488) 647,601 664,396
Current portion of program rights, net 9,136 7,880
Prepaid expenses and other current assets 212,599 380,518
Total current assets 1,685,713 1,623,370
Property and equipment, net of accumulated depreciation of $449,533 and $403,708 135,084 159,237
Program rights, net 1,775,628 1,802,653
Intangible assets, net 226,758 268,558
Goodwill 559,200 626,496
Deferred tax assets, net 13,307 11,456
Operating lease right-of-use assets 64,513 71,163
Other assets 365,206 406,854
Total assets 4,825,409 4,969,787
Current Liabilities:    
Accounts payable 88,964 89,469
Accrued liabilities 305,614 385,838
Current portion of program rights obligations 220,210 301,221
Deferred revenue 68,682 65,736
Current portion of long-term debt 7,500 67,500
Current portion of lease obligations 34,523 33,659
Total current liabilities 725,493 943,423
Program rights obligations 152,588 150,943
Long-term debt, net 2,335,061 2,294,249
Lease obligations 69,119 87,240
Deferred tax liabilities, net 152,310 160,383
Other liabilities 57,382 74,306
Total liabilities 3,491,953 3,710,544
Commitments and contingencies
Redeemable noncontrolling interests 185,182 185,297
Stockholders' equity:    
Preferred stock, $0.01 par value, 45,000 shares authorized; none issued 0 0
Paid-in capital 377,345 378,877
Accumulated earnings 2,376,908 2,321,105
Treasury stock, at cost (34,117 and 34,593 shares Class A Common Stock, respectively) (1,408,832) (1,419,882)
Accumulated other comprehensive loss (229,154) (232,831)
Total AMC Networks stockholders' equity 1,117,049 1,048,051
Non-redeemable noncontrolling interests 31,225 25,895
Total stockholders' equity 1,148,274 1,073,946
Total liabilities and stockholders' equity 4,825,409 4,969,787
Class A Common Stock    
Stockholders' equity:    
Common stock, value 667 667
Class B Common Stock    
Stockholders' equity:    
Common stock, value $ 115 $ 115