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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments Abstract  
Schedule Of Restricted Stock Units Market Based
Years Ended December 31,
201420132012
(amounts in thousands, except per share data)
Reconciliation Of RSUs With Market Conditions
Beginning of period balance-200300
Number of RSUs granted290--
Number of RSUs forfeited -(200)-
Number of RSUs vested--(100)
End of period balance290-200
Average fair value of RSUs issued with market
conditions$6.90$-$-
Schedule Of Other Options Dislcosure
Years Ended December 31,
Option Issuance And Exercise Data201420132012
FromToFromToFromTo
Exercise price range of options issued$-$-$8.72$8.72$-$-
Upon vesting, period to exercise--110--
Fair value per option issued$-$6.07$-
(amounts in thousands)
Intrinsic value of options exercised$517$1,228$508
Tax benefit from options exercised (1)$196$466$192
Cash received from exercise price of
options exercised$82$245$135
Number of options granted-5-
Stock Option Valuation Assumptions
Option Valuation Estimates
Years Ended December 31,
201420132012
Expected life (years)no options issued6.3no options issued
Expected volatility factor (%)78.8
Risk-free interest rate (%)2.0
Expected dividend yield (%)-
Schedule Of significant ranges of outstanding and exercisable options
Options OutstandingOptions Exercisable
Number Of Weighted Number Of
OptionsAverageWeighted OptionsWeighted
Range OfOutstandingRemaining AverageExercisable Average
Exercise PricesDecember 31,ContractualExerciseDecember 31,Exercise
FromTo2014LifePrice2014Price
$1.34$1.34440,6754.1$1.34440,675$1.34
$2.02$11.7845,0004.3$9.0041,250$9.02
$33.90$33.901,0000.2$33.901,000$33.90
$1.34$33.90486,6754.1$2.11482,925$2.06
Schedule of recognized stock-based compensation expense
Years Ended December 31,
201420132012
(amounts in thousands)
Station operating expenses$919$766$584
Corporate general and administrative expenses4,3133,5045,170
Stock-based compensation expense included in operating expenses5,2324,2705,754
Income tax benefit (1)1,5021,0801,540
Net stock-based compensation expense$3,730$3,190$4,214
Schedule Of Restricted Stock Units Vested And Released
Years Ended December 31,
201420132012
SharesAmountSharesAmountSharesAmount
(amounts in thousands)
RSUs issued685$5,754361$2,906307$2,133
RSUs forfeited - service based(47)(727)(64)(685)(26)(235)
RSUs forfeited - market based--(200)(2,110)--
Net RSUs issued and increase
(decrease) to paid-in capital638$5,02797$111281$1,898
RSUs vested and released410547659
Resticted Stock Unit Valuation Assumptions
Years Ended
December 31,
2014
Expected Volatility Structure (1)33% to 42%
Risk Free Interest Rate (2)0.1% to 0.4%
Expected Dividend Yield (3)0.0%
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest
NumberWeightedAggregate
OfWeightedAverageIntrinsic
Restricted AverageRemainingValue As Of
StockPurchaseContractualDecember 31,
Period EndedUnitsPriceTerm (Years)2014
RSUs outstanding as of: December 31, 20131,030,486
RSUs awarded685,113
RSUs released(409,903)
RSUs forfeited(47,011)
RSUs outstanding as of: December 31, 20141,258,685$-1.1$15,305,610
RSUs vested and expected
to vest as of:December 31, 20141,196,328$-1.1$13,518,577
RSUs exercisable (vested and
deferred) as of:December 31, 201484,603$--$1,028,772
Weighted average remaining
recognition period in years1.8
Unamortized compensation
expense, net of estimated
forfeitures$5,074,280
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding
WeightedIntrinsic
WeightedAverageValue
AverageRemainingAs Of
Number OfExerciseContractualDecember 31,
Period EndedOptionsPriceTerm (Years)2014
Options outstanding as of:December 31, 2013557,550$2.58
Options granted-
Options exercised(57,500)1.43
Options forfeited-
Options expired(13,375)24.46
Options outstanding as of:December 31, 2014486,675$2.114.1$4,910,419
Options vested and expected to vest as of:December 31, 2014486,377$2.114.1$4,909,394
Options vested and exercisable as of:December 31, 2014482,925$2.064.1$4,897,519
Weighted average remaining
recognition period in years2.6
Unamortized compensation expense,
net of estimated forfeitures$17,025