XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Syndicated Program Film Rights, Current [Member]    
Assets:    
Current portion of program broadcast rights, net $ 18,309,000 $ 10,511,000
Network Programming Obligations, Current [Member]    
Liabilities and stockholders’ equity:    
Accrued network programming fees 12,295,000 11,945,000
Syndicated Program Film Obliagtions, Current [Member]    
Liabilities and stockholders’ equity:    
Accrued network programming fees 18,599,000 10,785,000
Common Class A [Member]    
Stockholders’ equity:    
Common stock 21,149,000 19,325,000
Treasury stock at cost (23,340,000) (22,685,000)
Cash 230,398,000 97,318,000
Accounts receivable, less allowance for doubtful accounts of $2,963 and $1,794, respectively 149,864,000 121,473,000
Deferred tax asset 49,191,000 49,690,000
Prepaid and other current assets 19,828,000 6,462,000
Total current assets 467,590,000 285,454,000
Property and equipment, net 328,629,000 234,475,000
Broadcast licenses 1,340,305,000 1,114,626,000
Goodwill 485,605,000 423,236,000
Other intangible assets, net 60,481,000 53,280,000
Investments in broadcasting and technology companies 16,599,000 13,599,000
Other 21,997,000 3,038,000
Total assets 2,721,206,000 2,127,708,000
Accounts payable 5,467,000 4,532,000
Employee compensation and benefits 25,223,000 28,983,000
Accrued interest 13,557,000 12,717,000
Other accrued expenses 9,270,000 14,370,000
Federal and state income taxes 1,490,000 771,000
Deferred revenue 11,730,000 3,514,000
Total current liabilities 97,631,000 87,617,000
Long-term debt, less current portion 1,755,725,000 1,220,084,000
Program broadcast obligations, less current portion 5,172,000 2,171,000
Deferred income taxes 369,881,000 351,546,000
Accrued pension costs 33,419,000 36,337,000
Other 1,270,000 679,000
Total liabilities 2,263,098,000 1,698,434,000
Commitments and contingencies (Note 7)
Common stock 657,470,000 655,446,000
Accumulated deficit (137,199,000) (163,638,000)
Accumulated other comprehensive loss, net of income tax benefit (17,284,000) (17,284,000)
Stockholders' equity before treasury stock 524,136,000 493,849,000
Treasury stock at cost (42,688,000) (41,890,000)
Total stockholders’ equity 458,108,000 429,274,000
Total liabilities and stockholders’ equity $ 2,721,206,000 $ 2,127,708,000