Cablevision 2012 Annual Report Download - page 207
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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-79
applied to subsequent assessments. The first half of the 2012 protest assessment of $4,607 was paid on
November 30, 2012; the second half is due May 31, 2013.
Other Legal Matters
On April 15, 2011, Thomas C. Dolan, a director and Executive Vice President, Strategy and
Development, in the Office of the Chairman at Cablevision, filed a lawsuit against Cablevision and
Rainbow Media Holdings in New York Supreme Court. The lawsuit raises compensation-related claims
(seeking approximately $11,000) related to events in 2005. The matter is being handled under the
direction of an independent committee of the Board of Directors of Cablevision. Based on the Company's
assessment of this possible loss contingency, no provision has been made for this matter in the
accompanying consolidated financial statements.
In addition to the matters discussed above, the Company is party to various lawsuits, some involving
claims for substantial damages. Although the outcome of these other matters cannot be predicted and the
impact of the final resolution of these other matters on the Company's results of operations in a particular
subsequent reporting period is not known, management does not believe that the resolution of these other
lawsuits will have a material adverse effect on the financial position of the Company or the ability of the
Company to meet its financial obligations as they become due.
NOTE 18. SEGMENT INFORMATION
The Company classifies its operations into two reportable segments: (1) Telecommunications Services,
and (2) Other, consisting principally of (i) Newsday, (ii) Clearview Cinemas, (iii) the News 12 Networks,
(iv) the MSG Varsity network, (v) Cablevision Media Sales, and (vi) certain other businesses and
unallocated corporate costs.
The Company's reportable segments are strategic business units that are managed separately. The
Company evaluates segment performance based on several factors, of which the primary financial
measure is business segment adjusted operating cash flow ("AOCF") (defined as operating income (loss)
excluding depreciation and amortization (including impairments), share-based compensation expense or
benefit and restructuring expense or credit), a non-GAAP measure. The Company has presented the
components that reconcile adjusted operating cash flow to operating income (loss), an accepted GAAP
measure.