AMC Networks Inc

For the period ended Dec 31, 2023. Filed Feb 9, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 9, 2024

AMCX$8.90+6.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets F-

(In thousands, except per share amounts)

	2023	2022
ASSETS
Current Assets:
Cash and cash equivalents	$570,576	$930,002
Accounts receivable, trade (less allowance for doubtful accounts of $9,488 and $8,725)	664,396	722,185
Current portion of program rights, net	7,880	10,807
Prepaid expenses and other current assets	380,518	286,875
Total current assets	1,623,370	1,949,869
Property and equipment, net of accumulated depreciation of $403,708 and $344,906	159,237	202,034
Program rights, net	1,802,653	1,762,939
Intangible assets, net	268,558	354,676
Goodwill	626,496	643,419
Deferred tax assets, net	11,456	13,618
Operating lease right-of-use assets	71,163	108,229
Other assets	406,854	599,052
Total assets	$4,969,787	$5,633,836
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable	$89,469	$172,009
Accrued liabilities	385,838	419,065
Current portion of program rights obligations	301,221	374,115
Deferred revenue	65,736	134,883
Current portion of long-term debt	67,500	33,750
Current portion of lease obligations	33,659	36,411
Total current liabilities	943,423	1,170,233
Program rights obligations	150,943	200,869
Long-term debt, net	2,294,249	2,778,703
Lease obligations	87,240	124,799
Deferred tax liabilities, net	160,383	112,642
Other liabilities	74,306	139,108
Total liabilities	3,710,544	4,526,354
Commitments and contingencies
Redeemable noncontrolling interests	185,297	253,669
Stockholders' equity:
Class A Common Stock, $0.01 par value, 360,000 shares authorized, 66,670 and 66,118 shares issued and 32,077 and 31,525 shares outstanding, respectively	667	661
Class B Common Stock, $0.01 par value, 90,000 shares authorized 11,484 shares issued and outstanding	115	115
Preferred stock, $0.01 par value, 45,000 shares authorized; none issued	—	—
Paid-in capital	378,877	360,251
Accumulated earnings	2,321,105	2,105,641
Treasury stock, at cost (34,593 and 34,593 shares Class A Common Stock, respectively)	(1,419,882)	(1,419,882)
Accumulated other comprehensive loss	(232,831)	(239,798)
Total AMC Networks stockholders' equity	1,048,051	806,988
Non-redeemable noncontrolling interests	25,895	46,825
Total stockholders' equity	1,073,946	853,813
Total liabilities and stockholders' equity	$4,969,787	$5,633,836

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.