In millions, except per share items | Sep-30-14 | Jun-30-14 | Mar-31-14 | Dec-31-13 | Sep-30-13 | Jun-30-13 | Mar-31-13 |
| 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Net revenues | 731.0 | 702.0 | 677.6 | 652.4 | 664.6 | 634.6 | 591.3 |
Net revenues growth | 10.0% | 10.6% | 14.6% | | | | |
Operating expenses: | | | | | | | |
Direct operating | 221.0 | 207.4 | 195.6 | | 180.7 | 156.3 | 92.7 |
Selling, general and administrative | 181.4 | 178.5 | 170.2 | 162.6 | 159.1 | 146.2 | 134.2 |
Amortization of program rights | 20.4 | 21.0 | 21.4 | | 22.5 | 20.5 | 13.4 |
Corporate | 29.7 | 31.9 | 32.3 | | 30.0 | 28.6 | 19.5 |
Depreciation | 45.1 | 45.7 | 45.9 | 46.9 | 46.3 | 41.7 | 37.0 |
Amortization of intangible assets | 15.1 | 17.2 | 17.2 | | 17.0 | 11.7 | 5.9 |
Charges | 2.0 | | | 3.9 | 3.0 | 2.5 | 2.1 |
Loss (gain) from asset dispositions | 0.1 | 0.1 | 0.2 | | 0.2 | 0.2 | 0.1 |
Operating (loss) income | 56.7 | 100.4 | 94.6 | 89.9 | 133.2 | 154.3 | 162.4 |
Operating margin | 7.8% | 14.3% | 14.0% | 13.8% | 20.0% | 24.3% | 27.5% |
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Other expense: | | | | | | | |
Interest expense, net | 56.9 | 56.7 | 56.9 | 56.6 | 60.0 | 55.3 | 50.2 |
Share of loss in equity investments | | -0.2 | -0.2 | -0.1 | | -102.5 | |
Other (income) expense, net | -0.9 | 2.0 | 2.2 | | 2.1 | 0.0 | -0.1 |
Total other expense, net | 56.2 | 58.8 | 59.2 | 58.8 | 157.5 | 155.0 | 149.9 |
(Loss) income before (benefit from) provision for income taxes | -13.1 | 27.9 | 21.7 | | 17.5 | 41.1 | 28.7 |
(Benefit from) provision for income taxes | 10.5 | -120.8 | -123.3 | -125.4 | -118.8 | 31.7 | 36.6 |
Net (loss) income | -14.0 | 158.4 | 154.7 | | 134.7 | 7.8 | 0.6 |
Net income (loss) attributable to noncontrolling interests | -1.2 | -2.1 | -1.9 | -1.5 | -1.0 | -0.6 | -0.3 |
Net (loss) income attributable to reporting entity | -13.4 | 159.9 | 156.1 | 153.6 | 146.5 | 19.2 | 38.9 |
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Basic net (loss) income per common share: | | | | | | | |
Net (loss) income (in dollars per share) | ($0.25) | $3.02 | $2.95 | | $2.77 | $0.36 | $0.22 |
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Weighted-average number of common shares outstanding used in calculating basic income | 40.5 | 40.1 | 39.7 | | 39.2 | 39.3 | 26.2 |
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Diluted net (loss) income per common share: | | | | | | | |
Net (loss) income (in dollars per share) | 0.0 | 0.0 | 0.0 | | 0.0 | 0.0 | 0.0 |
Weighted-average number of common shares outstanding used in calculating diluted income per common share | 41.9 | 42.3 | 42.0 | | 40.8 | 40.5 | 26.6 |