v3.24.3
Net Income per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
Net income per basic share is based upon net income attributable to AMC Networks' stockholders divided by the weighted average number of shares of Class A and Class B Common Stock outstanding during the period. Net income per diluted share reflects the dilutive effects of AMC Networks' outstanding equity-based awards and the assumed conversion of the 4.25% Convertible Senior Notes due 2029 (the "Convertible Notes") issued in June 2024.
(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net income attributable to AMC Networks' stockholders used for basic net income per share$41,382 $63,424 $57,951 $237,273 
Add: Convertible Notes interest expense, net of tax1,144 — 1,260 — 
Net income attributable to AMC Networks' stockholders used for diluted net income per share$42,526 $63,424 $59,211 $237,273 
Basic weighted average common shares outstanding44,607 43,951 44,381 43,786 
Effect of dilution:
Restricted stock units257 90 456 119 
Convertible Notes11,285 — 4,201 — 
Diluted weighted average common shares outstanding56,149 44,041 49,038 43,905 
Net income per share attributable to AMC Networks' stockholders:
Basic$0.93 $1.44 $1.31 $5.42 
Diluted$0.76 $1.44 $1.21 $5.40