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Discontinued Operations
 6 Months Ended
Jun. 30, 2014
Discontinued Operation, Additional Disclosures [Abstract]  
Discontinued Operations
DISCONTINUED OPERATIONS
On June 30, 2014, the Company and Berkshire Hathaway Inc. completed a transaction, as described in Note 4, in which Berkshire acquired a wholly-owned subsidiary of the Company that included, among other things, WPLG, a Miami-based television station; a $375.0 million gain from the WPLG sale was recorded in the second quarter of 2014.
On October 1, 2013, the Company completed the sale of most of its newspaper publishing businesses. The publishing businesses sold include The Washington Post, Express, The Gazette Newspapers, Southern Maryland Newspapers, Greater Washington Publishing, Fairfax County Times and El Tiempo Latino and related websites (Publishing Subsidiaries).
In March 2013, the Company completed the sale of The Herald which resulted in a pre-tax loss of $0.1 million that was recorded in the first quarter of 2013.
The results of operations of WPLG, the Publishing Subsidiaries and The Herald are included in the Company’s Consolidated Statements of Operations as Income (Loss) from Discontinued Operations, Net of Tax, for all periods presented. The Company did not reclassify its Statements of Cash Flows or prior Condensed Consolidated Balance Sheets to reflect the various discontinued operations.
In the first quarter of 2014, an after-tax adjustment of $3.0 million was made to reduce the $100.0 million after-tax gain on the sale of the Publishing Subsidiaries previously reported in the fourth quarter of 2013, as a result of changes in estimates related to liabilities retained as part of the sale.
The summarized income (loss) from discontinued operations, net of tax, is presented below:
  
Three Months Ended 
 June 30
 
Six Months Ended 
 June 30
  
 
(in thousands)
2014
 
2013
 
2014
 
2013
Operating revenues
$
20,907

 
$
151,347

 
$
37,181

 
$
293,321

Operating costs and expenses
(12,568
)
 
(154,598
)
 
(22,701
)
 
(322,675
)
Income (loss) from discontinued operations
8,339

 
(3,251
)
 
14,480

 
(29,354
)
Provision (benefit) from income taxes
2,913

 
(1,300
)
 
4,939

 
(10,476
)
Net Income (Loss) from Discontinued Operations
5,426

 
(1,951
)
 
9,541

 
(18,878
)
Gain (loss) on sales of discontinued operations
358,964

 
—

 
354,227

 
(70
)
Benefit from income taxes on sales of discontinued operations
(16,075
)
 
—

 
(17,769
)
 
(24
)
Income (Loss) from Discontinued Operations, Net of Tax
$
380,465

 
$
(1,951
)
 
$
381,537

 
$
(18,924
)