XML 55 R45.htm IDEA: XBRL DOCUMENT v3.5.0.2
Guarantor Financial Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net cash provided (used) by operating activities $ 141,656 $ 135,496
Cash flows from investing activities:    
Capital expenditures (33,939) (40,583)
Release of restricted cash at qualified intermediary 0 119,903
Proceeds from the sale of property and equipment 6,167 1,279
Proceeds from spectrum relocation 0 3,120
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 0 0
Payment of capital contributions   0
Other, net (165) (78)
Net cash provided (used) by investing activities (27,937) 83,641
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 60,000 0
Repayments under Media General Revolving Credit Facility (60,000) 0
Repayment of other borrowings (517) (873)
Payment for acquisition of noncontrolling interest (35,305) (10,872)
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Cash paid for debt modification 0 (3,425)
Repurchase of shares 0 (33,724)
Exercise of stock options 1,935 1,848
Other, net (701) (546)
Net cash provided (used) by financing activities (96,988) (225,255)
Net increase (decrease) in cash and cash equivalents 16,731 (6,118)
Cash and cash equivalents at beginning of period 41,091 43,920
Cash and cash equivalents at end of period 57,822 37,802
Senior Notes 2021 [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 (15,863)
Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings (60,000) (160,000)
Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings (2,400) (1,800)
Reportable Legal Entities [Member] | Media General [Member]    
Cash flows from operating activities:    
Net cash provided (used) by operating activities 0 (1,402)
Cash flows from investing activities:    
Capital expenditures 0 0
Release of restricted cash at qualified intermediary   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  
Repayment of other borrowings 0 0
Payment for acquisition of noncontrolling interest 0 0
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Cash paid for debt modification   0
Repurchase of shares   0
Exercise of stock options 0 0
Other, net 0 0
Net cash provided (used) by financing activities 0 0
Net increase (decrease) 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] | Media General [Member] | Senior Notes 2021 [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Media General [Member] | Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | Media General [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | LIN Television Corporation [Member]    
Cash flows from operating activities:    
Net cash provided (used) by operating activities 10,697 18,085
Cash flows from investing activities:    
Capital expenditures (8,723) (14,845)
Release of restricted cash at qualified intermediary   0
Proceeds from the sale of property and equipment 40 71
Proceeds from spectrum relocation   0
Receipt of dividend 58,508 58,507
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 47,181 43,733
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayment of other borrowings 0 0
Payment for acquisition of noncontrolling interest 0 (10,872)
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing (58,508) (38,412)
Receipt of capital contributions   3,011
Cash paid for debt modification   0
Repurchase of shares   0
Exercise of stock options 0 0
Other, net (473) (312)
Net cash provided (used) by financing activities (58,981) (62,448)
Net increase (decrease) in cash and cash equivalents (1,103) (630)
Cash and cash equivalents at beginning of period 1,103 9,658
Cash and cash equivalents at end of period 0 9,028
Reportable Legal Entities [Member] | LIN Television Corporation [Member] | Senior Notes 2021 [Member]    
Cash flows from financing activities:    
Repayments of borrowings   (15,863)
Reportable Legal Entities [Member] | LIN Television Corporation [Member] | Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | LIN Television Corporation [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]    
Cash flows from operating activities:    
Net cash provided (used) by operating activities 128,117 115,243
Cash flows from investing activities:    
Capital expenditures (24,931) (22,833)
Release of restricted cash at qualified intermediary   119,903
Proceeds from the sale of property and equipment 4,104 1,208
Proceeds from spectrum relocation   620
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 58,508 36,387
Payment of capital contributions   0
Other, net (165) 0
Net cash provided (used) by investing activities 37,516 135,285
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 60,000  
Repayments under Media General Revolving Credit Facility (60,000)  
Repayment of other borrowings 0 0
Payment for acquisition of noncontrolling interest (35,305) 0
Payment of dividend (58,508) (58,507)
Proceeds from intercompany borrowings 2,644  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Cash paid for debt modification   (3,425)
Repurchase of shares   (33,724)
Exercise of stock options 1,935 1,848
Other, net (228) (164)
Net cash provided (used) by financing activities (149,462) (253,972)
Net increase (decrease) in cash and cash equivalents 16,171 (3,444)
Cash and cash equivalents at beginning of period 35,925 27,371
Cash and cash equivalents at end of period 52,096 23,927
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Senior Notes 2021 [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings (60,000) (160,000)
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]    
Cash flows from operating activities:    
Net cash provided (used) by operating activities 2,842 3,570
Cash flows from investing activities:    
Capital expenditures (285) (2,905)
Release of restricted cash at qualified intermediary   0
Proceeds from the sale of property and equipment 2,023 0
Proceeds from spectrum relocation   2,500
Receipt of dividend 0 0
Advances on intercompany borrowings 0  
Payments from intercompany borrowings 0 0
Payment of capital contributions   0
Other, net 0 (78)
Net cash provided (used) by investing activities 1,738 (483)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayment of other borrowings (517) (873)
Payment for acquisition of noncontrolling interest 0 0
Payment of dividend 0 0
Proceeds from intercompany borrowings 0  
Payments on intercompany borrowing 0 0
Receipt of capital contributions   0
Cash paid for debt modification   0
Repurchase of shares   0
Exercise of stock options 0 0
Other, net 0 (70)
Net cash provided (used) by financing activities (2,917) (2,743)
Net increase (decrease) in cash and cash equivalents 1,663 344
Cash and cash equivalents at beginning of period 4,063 4,503
Cash and cash equivalents at end of period 5,726 4,847
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Senior Notes 2021 [Member]    
Cash flows from financing activities:    
Repayments of borrowings   0
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Media General Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings 0 0
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings (2,400) (1,800)
Eliminations [Member]    
Cash flows from operating activities:    
Net cash provided (used) by operating activities 0 0
Cash flows from investing activities:    
Capital expenditures 0 0
Release of restricted cash at qualified intermediary   0
Proceeds from the sale of property and equipment 0 0
Proceeds from spectrum relocation   0
Receipt of dividend (58,508) (58,507)
Advances on intercompany borrowings 2,644  
Payments from intercompany borrowings (58,508) (38,412)
Payment of capital contributions   3,011
Other, net 0 0
Net cash provided (used) by investing activities (114,372) (93,908)
Cash flows from financing activities:    
Borrowings under Media General Revolving Credit Facility 0  
Repayments under Media General Revolving Credit Facility 0  
Repayment of other borrowings 0 0
Payment for acquisition of noncontrolling interest 0 0
Payment of dividend 58,508 58,507
Proceeds from intercompany borrowings (2,644)  
Payments on intercompany borrowing 58,508 38,412
Receipt of capital contributions   (3,011)
Cash paid for debt modification   0
Repurchase of shares   0
Exercise of stock options 0 0
Other, net 0 0
Net cash provided (used) by financing activities 114,372 93,908
Net increase (decrease) 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] | Senior Notes 2021 [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 0
Eliminations [Member] | Shield Media Credit Agreement [Member]    
Cash flows from financing activities:    
Repayments of borrowings $ 0 $ 0