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| Company | Cablevision Systems Corporation |
| Headquarters | 1111 Stewart Avenue, Bethpage, NY 11714-3581, USA |
| CEO and President | James L. Dolan |
| CFO | Gregg G. Seibert |
| Industry | Telecommunications |
| Founder | Charles F. Dolan |
| Founded | 1973 |
| Type | Public |
| NYSE stock symbol | CVC |
| Revenue | $6.460 billion (2014) |
| Net income | $311.439 million (2014) |
| Earnings per share | $1.15 USD (2014) |
| Employees | 13,656 (2014) |
| Website | http://www.cablevision.com |
| Investor relations contact number: | 516-803-2270 |
| Investor relations email: | [email protected] |
fCablevision Systems Corporation is an American cable television company, based in Bethpage, New York, USA.
It is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘CVC’.
The company was founded in 1973 by Charles F. Dolan.
Cablevision Systems is one of the largest cable providers in the US, with most of the its customers living in New York, Connecticut, Pennsylvania, and New Jersey.
Its services/products are provided under the Optimum® brand of communications services, which includes: Optimum TV® digital cable TV, Optimum Voice® home phone, and Optimum Online® high-speed Internet.
The company also has local media and programming properties, such as: the News 12 Networks, Newsday, and amNewYork.
| Income data (in $ thousands) | 2014* | 2013* |
| Revenues, net | $6,460,946 | $6,232,152 |
| Operating expenses | $5,539,688 | $5,532,928 |
| Operating income | $921,258 | $699,224 |
| Other income (expense) | $(496,108) | $(506,264) |
| Income from continuing operations before income taxes | $425,150 | $192,960 |
| Income tax expense | $(115,768) | $(65,635) |
| Income from continuing operations | $309,382 | $127,325 |
| Income from discontinued operations, net of income taxes | $2,822 | $338,316 |
| Net income | $312,204 | $465,641 |
| Net loss (income) attributable to noncontrolling interests | $(765) | $20 |
| Net income attributable to Cablevision Systems Corporation stockholders | $311,439 | $465,661 |
| Balance sheet data (in $ thousands) | ||
| Total assets | $6,765,171 | $6,591,076 |
| Total liabilities | $11,797,185 | $11,865,326 |
| Total deficiency | $(5,040,690) | $(5,283,544) |
| Common share data (in $) | ||
| Earnings per Common Share – Basic | $1.18 | $1.79 |
| Earnings per Common Share – Diluted | $1.15 | $1.75 |
| Cash flow data (in $ thousands) | ||
| Net cash provided by operating activities | $1,378,271 | $1,134,977 |
| Net cash used in investing activities | $(888,062 | $(948,658) |
| Net cash used in financing activities | $(346,902) | $(655,054) |
| Cash and cash equivalents at beginning of year | $702,224 | $332,610 |
| Cash and cash equivalents at end of year | $850,413 | $702,224 |
*Years Ended December 31
Source: “Cablevision Systems Corporation Form 10-K 2014”