XML 45 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The carrying amount of goodwill, by operating segment is as follows:
(In thousands)National NetworksInternational
and Other
Total
December 31, 2019$237,103  $464,877  $701,980  
Impairment charge—  (25,062) (25,062) 
Amortization of "second component" goodwill(664) —  (664) 
Foreign currency translation—  (10,364) (10,364) 
June 30, 2020$236,439  $429,451  $665,890  
Schedule of Finite-Lived Intangible Assets
The following tables summarize information relating to the Company's identifiable intangible assets:
(In thousands)June 30, 2020
GrossAccumulated AmortizationNetEstimated Useful Lives
Amortizable intangible assets:
Affiliate and customer relationships$611,324  $(306,696) $304,628  
6 to 25 years
Advertiser relationships46,282  (23,924) 22,358  
11 years
Trade names110,918  (32,778) 78,140  
3 to 20 years
Other amortizable intangible assets2,799  (2,592) 207  
5 to 15 years
Total amortizable intangible assets771,323  (365,990) 405,333  
Indefinite-lived intangible assets:
Trademarks19,900  —  19,900  
Total intangible assets$791,223  $(365,990) $425,233  
(In thousands)December 31, 2019
GrossAccumulated AmortizationNet
Amortizable intangible assets:
Affiliate and customer relationships$616,197  $(232,193) $384,004  
Advertiser relationships46,282  (21,820) 24,462  
Trade names113,075  (17,997) 95,078  
Other amortizable intangible assets2,798  (1,711) 1,087  
Total amortizable intangible assets778,352  (273,721) 504,631  
Indefinite-lived intangible assets:
Trademarks19,900  —  19,900  
Total intangible assets$798,252  $(273,721) $524,531  
Schedule of Indefinite-Lived Intangible Assets
The following tables summarize information relating to the Company's identifiable intangible assets:
(In thousands)June 30, 2020
GrossAccumulated AmortizationNetEstimated Useful Lives
Amortizable intangible assets:
Affiliate and customer relationships$611,324  $(306,696) $304,628  
6 to 25 years
Advertiser relationships46,282  (23,924) 22,358  
11 years
Trade names110,918  (32,778) 78,140  
3 to 20 years
Other amortizable intangible assets2,799  (2,592) 207  
5 to 15 years
Total amortizable intangible assets771,323  (365,990) 405,333  
Indefinite-lived intangible assets:
Trademarks19,900  —  19,900  
Total intangible assets$791,223  $(365,990) $425,233  
(In thousands)December 31, 2019
GrossAccumulated AmortizationNet
Amortizable intangible assets:
Affiliate and customer relationships$616,197  $(232,193) $384,004  
Advertiser relationships46,282  (21,820) 24,462  
Trade names113,075  (17,997) 95,078  
Other amortizable intangible assets2,798  (1,711) 1,087  
Total amortizable intangible assets778,352  (273,721) 504,631  
Indefinite-lived intangible assets:
Trademarks19,900  —  19,900  
Total intangible assets$798,252  $(273,721) $524,531  
Schedule of Estimated Amortization Expense Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:
(In thousands)
Years Ending December 31,
2020$41,779  
202137,567  
202237,394  
202337,288  
202437,220