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Goodwill and other intangible assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

We operate as one operating and reportable segment which includes the goodwill balances as of December 31, 2019 and December 31, 2018 shown below (in thousands):
 
 
Goodwill
Balance as of Dec. 31, 2017
 
$
2,579,417

KFMB Stations acquisition
 
17,446

Balance as of Dec. 31, 2018
 
2,596,863

Recent Acquisitions
 
355,368

Disposition of a business unit
 
(1,644
)
Balance as of Dec. 31, 2019
 
$
2,950,587


Goodwill, Indefinite-Lived Intangible Assets, and Amortizable Intangible Assets
The following table displays indefinite-lived intangible assets and amortizable intangible assets as of December 31, 2019 and 2018 (in thousands):
 
 
Gross
 
Accumulated
Amortization
 
Net
Dec. 31, 2019
 
 
 
 
 
 
Indefinite-lived intangibles:
 
 
 
 
 
 
Television and radio station FCC broadcast licenses
 
2,090,732

 

 
2,090,732

Amortizable intangible assets:
 
 
 
 
 
 
Retransmission agreements
 
256,533

 
(105,212
)
 
151,321

Network affiliation agreements
 
309,496

 
(48,174
)
 
261,322

Other
 
73,305

 
(15,066
)
 
58,239

Total indefinite-lived and amortizable intangible assets
 
$
2,730,066

 
$
(168,452
)
 
$
2,561,614

Dec. 31, 2018
 
 
 
 
 
 
Indefinite-lived intangibles:
 
 
 
 
 
 
Television station FCC licenses
 
1,384,186

 

 
1,384,186

Amortizable intangible assets:
 
 
 
 
 
 
Retransmission agreements
 
121,594

 
(79,274
)
 
42,320

Network affiliation agreements
 
110,390

 
(30,802
)
 
79,588

Other
 
28,865

 
(8,882
)
 
19,983

Total indefinite-lived and amortizable intangible assets
 
$
1,645,035

 
$
(118,958
)
 
$
1,526,077


Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table shows the projected annual amortization expense related to amortizable intangible assets existing as of December 31, 2019 (in thousands):
2020
 
$
73,439

2021
 
67,351

2022
 
64,209

2023
 
57,793

2024
 
51,330

Thereafter
 
156,760

Total
 
$
470,882