AMC Networks Inc. AMCX Lease impairment
Lease impairment at other companies
Other financials
Where this comes from
Reported directly by AMC Networks Inc. in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.
The source filing: AMC Networks Inc.’s 10-K, filed February 11, 2026.
- Filed
- Feb 10, 2026, 7:00 PM EST
- Fiscal year
- FY2025
- Accession
- 0001514991-26-000011
During the year ended December 31, 2023, the Company recorded restructuring and other related charges of $27.8 million related to the 2022 Plan, consisting primarily of charges relating to severance and other personnel costs, and its third quarter exiting of a portion of office space at its corporate headquarters in New York and office space in Silver Spring, Maryland and Woodland Hills, California. In connection with exiting a portion of its New York office space, the Company recorded impairment charges of $11.6 million, consisting of $9.1 million for operating lease right-of use assets and $2.5 million for leasehold improvements. Fair values used to determine the impairment charge were determined using an income approach, specifically a discounted cash flow ("DCF") model. The DCF model includes significant assumptions about sublease income and enterprise specific discount rates. Given the uncertainty in determining assumptions underlying the DCF approach, actual results may differ from those used in the valuations.
Item 16. Form 10-K Summary.
FAQ
- What is AMC Networks Inc.'s lease impairment?
- AMC Networks Inc. (AMCX) reported lease impairment of $2.28M in Q4 2023.
- What does lease impairment mean?
- The loss recognized when the carrying amount of an operating lease right-of-use asset exceeds its recoverable value. It indicates a decline in the utility or economic value of leased properties or equipment.
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