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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 25,378 $ 41,091
Trade accounts receivable (less allowance for doubtful accounts 2016 - $4,814; 2015 - $4,634) 307,612 298,474
Prepaid expenses and other current assets 28,912 15,083
Total current assets 361,902 354,648
Property and equipment, net of accumulated depreciation (2016 - $179,956 ; 2015 - $145,274) 455,696 470,537
Other assets, net 31,225 38,070
Definite lived intangible assets, net of accumulated amortization (2016 - $183,625; 2015 - $138,072) 828,945 871,129
Broadcast licenses 1,097,100 1,097,100
Goodwill 1,544,624 1,544,624
Total assets [1] 4,319,492 4,376,108
Current liabilities:    
Trade accounts payable 25,477 35,800
Accrued salaries and wages 28,078 21,465
Accrued expenses and other current liabilities 97,052 95,500
Current installments of long-term debt 3,373 3,804
Current installments of obligation under capital leases 820 859
Total current liabilities 154,800 157,428
Long-term debt, net 2,201,751 2,199,110
Deferred tax liability and other long-term tax liabilities 304,665 315,234
Long-term capital lease obligations 13,790 14,012
Retirement and postretirement plans 176,045 182,987
Other liabilities 31,548 34,920
Total liabilities [2] 2,882,599 2,903,691
Commitments and contingencies
Noncontrolling interests 2,890 24,447
Stockholders' equity:    
Preferred stock (no par value): authorized 50,000,000 shares; none outstanding 0 0
Voting common stock, authorized 400,000,000 shares; issued 2016 - 129,322,905 and 2015 - 128,600,384 1,299,327 1,305,155
Accumulated other comprehensive loss (31,224) (31,224)
Retained earnings 165,900 174,039
Total stockholders' equity 1,434,003 1,447,970
Total liabilities, noncontrolling interest and stockholders' equity (deficit) 4,319,492 4,376,108
Total assets of variable interest entities(VIE) 140,000 145,000
Total liabilities of variable interest entities (VIE) $ 34,000 $ 38,000
[1] Consolidated assets as of June 30, 2016 and December 31, 2015, include total assets of variable interest entities (VIEs) of $140 million and $145 million, respectively, which can only be used to settle the obligations of the VIEs. See Note 1 and Note 3.
[2] Consolidated liabilities as of June 30, 2016 and December 31, 2015, include total liabilities of VIEs of $34 million and $38 million, respectively, for which the creditors of the VIEs have no recourse to the Company, except for certain of the debt, which the Company guarantees. See Note 1 and Note 3.