XML 52 R42.htm IDEA: XBRL DOCUMENT v3.4.0.3
Guarantor Financial Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net cash used by operating activities $ (4,799) $ 56,419
Cash flows from investing activities:    
Capital expenditures (6,763) (7,209)
Proceeds from the sale of property and equipment 3,976 262
Proceeds from spectrum relocation 0 620
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 0 0
Payment of capital contributions   0
Other, net (10) (5)
Net cash provided (used) by investing activities (2,797) (6,332)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 30,000 0
Repayments under Media General Revolving Credit Facility (30,000) 0
Repayments of borrowings (800)  
Repayment of other borrowings (290) (290)
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Exercise of stock options 1,408 958
Other, net (220) (764)
Net cash provided (used) by financing activities 98 (35,696)
Net (decrease) increase in cash and cash equivalents (7,498) 14,391
Cash and cash equivalents at beginning of period 41,091 43,920
Cash and cash equivalents at end of period 33,593 58,311
Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings (800) (600)
Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 (35,000)
Eliminations [Member]    
Cash flows from operating activities:    
Net cash used by operating activities 0 0
Cash flows from investing activities:    
Capital expenditures 0 0
Proceeds from the sale of property and equipment 0 0
Proceeds from spectrum relocation   0
Receipt of dividend (19,502) (19,502)
Advances on intercompany borrowings 2,644  
Payments from intercompany borrowings (12,060) (14,098)
Payment of capital contributions   3,011
Other, net 0 0
Net cash provided (used) by investing activities (28,918) (30,589)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayments of borrowings 0  
Repayment of other borrowings 0 0
Payment of dividend 19,502 19,502
Proceeds from intercompany borrowings (2,644)  
Payments on intercompany borrowing 12,060 14,098
Receipt of capital contributions   (3,011)
Exercise of stock options 0 0
Other, net 0 0
Net cash provided (used) by financing activities 28,918 30,589
Net (decrease) increase in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Eliminations [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Eliminations [Member] | Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Media General [Member]    
Cash flows from operating activities:    
Net cash used by operating activities 0 (1,402)
Cash flows from investing activities:    
Capital expenditures 0 0
Proceeds from the sale of property and equipment 0 0
Proceeds from spectrum relocation   0
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 0 2,025
Payment of capital contributions   (3,011)
Other, net 0 0
Net cash provided (used) by investing activities 0 (986)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayments of borrowings 0  
Repayment of other borrowings 0 0
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Exercise of stock options 0 0
Other, net 0 0
Net cash provided (used) by financing activities 0 0
Net (decrease) increase in cash and cash equivalents 0 (2,388)
Cash and cash equivalents at beginning of period 0 2,388
Cash and cash equivalents at end of period 0 0
Reportable Legal Entities [Member] | LIN Television Corporation [Member]    
Cash flows from operating activities:    
Net cash used by operating activities (4,065) 12,021
Cash flows from investing activities:    
Capital expenditures (1,716) (2,314)
Proceeds from the sale of property and equipment 29 36
Proceeds from spectrum relocation   0
Receipt of dividend 19,502 19,502
Advances on intercompany borrowings (2,644)  
Payments from intercompany borrowings 0 0
Payment of capital contributions   0
Other, net 0 0
Net cash provided (used) by investing activities 15,171 17,224
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayments of borrowings 0  
Repayment of other borrowings 0 0
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing (12,060) (14,098)
Receipt of capital contributions   3,011
Exercise of stock options 0 0
Other, net (149) 0
Net cash provided (used) by financing activities (12,209) (11,087)
Net (decrease) increase in cash and cash equivalents (1,103) 18,158
Cash and cash equivalents at beginning of period 1,103 9,658
Cash and cash equivalents at end of period 0 27,816
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]    
Cash flows from operating activities:    
Net cash used by operating activities (596) 42,361
Cash flows from investing activities:    
Capital expenditures (3,649) (4,288)
Proceeds from the sale of property and equipment 3,947 226
Proceeds from spectrum relocation   620
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 12,060 12,073
Payment of capital contributions   0
Other, net (10) 0
Net cash provided (used) by investing activities 12,348 8,631
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 30,000  
Repayments under Media General Revolving Credit Facility (30,000)  
Repayments of borrowings 0  
Repayment of other borrowings 0 0
Payment of dividend (19,502) (19,502)
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Exercise of stock options 1,408 958
Other, net (71) (777)
Net cash provided (used) by financing activities (18,165) (54,321)
Net (decrease) increase in cash and cash equivalents (6,413) (3,329)
Cash and cash equivalents at beginning of period 35,925 27,371
Cash and cash equivalents at end of period 29,512 24,042
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]    
Cash flows from operating activities:    
Net cash used by operating activities (138) 3,439
Cash flows from investing activities:    
Capital expenditures (1,398) (607)
Proceeds from the sale of property and equipment 0 0
Proceeds from spectrum relocation   0
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 0 0
Payment of capital contributions   0
Other, net 0 (5)
Net cash provided (used) by investing activities (1,398) (612)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayments of borrowings (800)  
Repayment of other borrowings (290) (290)
Payment of dividend 0 0
Proceeds from intercompany borrowings 2,644  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Exercise of stock options 0 0
Other, net 0 13
Net cash provided (used) by financing activities 1,554 (877)
Net (decrease) increase in cash and cash equivalents 18 1,950
Cash and cash equivalents at beginning of period 4,063 4,503
Cash and cash equivalents at end of period $ 4,081 6,453
Reportable Legal Entities [Member] | Shield Media Credit Agreement [Member] | Media General [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Shield Media Credit Agreement [Member] | LIN Television Corporation [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Shield Media Credit Agreement [Member] | Guarantor Subsidiaries [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Shield Media Credit Agreement [Member] | Non-Guarantor Subsidiaries [Member]    
Cash flows from financing activities:    
Repayments of borrowings   (600)
Reportable Legal Entities [Member] | Media General Credit Agreement [Member] | Media General [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Media General Credit Agreement [Member] | LIN Television Corporation [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Media General Credit Agreement [Member] | Guarantor Subsidiaries [Member]    
Cash flows from financing activities:    
Repayments of borrowings   (35,000)
Reportable Legal Entities [Member] | Media General Credit Agreement [Member] | Non-Guarantor Subsidiaries [Member]    
Cash flows from financing activities:    
Repayments of borrowings   $ 0