Cablevision 2014 Annual Report Download - page 152

Download and view the complete annual report

Please find page 152 of the 2014 Cablevision annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except share and per share amounts)
F-63
Years Ended December 31,
2014 2013 2012
Depreciation and amortization (including impairments) included in continuing
operations
Cable (b) ................................................................................................................. $ (739,559) $ (743,431) $ (742,681)
Lightpath (b)........................................................................................................... (83,589)(82,208)(87,768)
Other (c).................................................................................................................. (43,354)(83,508)(77,326)
$ (866,502) $ (909,147) $ (907,775)
Share-based compensation expense included in continuing operations
Cable....................................................................................................................... $ (29,895) $ (32,353) $ (38,357)
Lightpath................................................................................................................. (5,347)(6,757)(7,188)
Other ....................................................................................................................... (8,742)(13,605)(15,160)
$ (43,984) $ (52,715) $ (60,705)
Restructuring credits (expense) included in continuing operations
Cable....................................................................................................................... $ 19 $ (11,283) $
Lightpath................................................................................................................. (285)(1,558) —
Other ....................................................................................................................... (2,214)(10,709) 770
$ (2,480) $ (23,550) $ 770
Operating income (loss) from continuing operations
Cable....................................................................................................................... $ 1,064,142 $ 952,462 $ 1,017,003
Lightpath................................................................................................................. 68,295 55,685 40,453
Other ....................................................................................................................... (211,179)(308,923)(288,408)
$ 921,258 $ 699,224 $ 769,048
(a) Inter-segment eliminations relate primarily to revenues recognized from the sale of local programming services and voice
services to the Company's Cable segment.
(b) The Cable and Lightpath segments share portions of each other's network infrastructure. Depreciation charges are recorded
by the segment that acquired the respective asset.
(c) The 2013 amount includes a reduction of depreciation expense related to prior years of $10,690.