Cablevision 2012 Annual Report Download - page 210
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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-82
NOTE 19. INTERIM FINANCIAL INFORMATION (Unaudited)
The following is a summary of the Company's selected quarterly financial data for the years ended
December 31, 2012 and 2011:
Cablevision
2012: March 31, June 30, September 30, December 31, Total
2012 2012 2012 2012 2012
Revenues, net ......................... $ 1,658,757 $ 1,697,288 $ 1,685,443 $ 1,663,973 $ 6,705,461
Operating expenses ................ (1,408,693) (1,436,949) (1,465,633) (1,634,676) (5,945,951)
Operating income ................... $ 250,064 $ 260,339 $ 219,810 $ 29,297 $ 759,510
Income (loss) from
continuing operations .......... $ 57,104 $ 63,789 $ (3,864) $ (83,666) $ 33,363
Income from discontinued
operations, net of income
taxes .................................... - - -
200,250 200,250
Net income (loss) ................... 57,104 63,789 (3,864) 116,584 233,613
Net loss (income)
attributable to
noncontrolling interests ....... 143 (260) 73 (46) (90)
Net income (loss)
attributable to Cablevision
Systems Corporation
stockholders ........................ $ 57,247 $ 63,529 $ (3,791) $ 116,538 $ 233,523
Basic income (loss) per
share attributable to
Cablevision Systems
Corporation
stockholders(a):
Income (loss) from
continuing operations .......... $0.21 $0.24 $(0.01) $(0.32) $0.13
Income from discontinued
operations ............................ $ - $ - $ - $ 0.78 $0.76
Net income (loss) ................... $0.21 $0.24 $(0.01) $ 0.45 $0.89
Diluted income (loss) per
share attributable to
Cablevision Systems
Corporation
stockholders(a):
Income (loss) from
continuing operations .......... $0.21 $0.24 $(0.01) $(0.32) $0.12
Income from discontinued
operations ............................ $ - $ - $ - $ 0.78 $0.75
Net income (loss) ................... $0.21 $0.24 $(0.01) $ 0.45 $0.87
Amounts attributable to
Cablevision Systems
Corporation
stockholders:
Income (loss) from
continuing operations,
net of income taxes ......... $ 57,247 $ 63,529 $ (3,791) $ (83,712) $ 33,273
Income from discontinued
operations, net of
income taxes ................... - - -
200,250 200,250
Net income (loss) ................ $ 57,247 $ 63,529 $ (3,791) $ 116,538 $ 233,523
________________
(a) Since Cablevision generated a loss from continuing operations for the three months ended September 30, 2012 and three months ended
December 31, 2012, the outstanding common stock equivalents were excluded from the computation of net loss per share as the impact
would be anti-dilutive.