XML 101 R89.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information Statements of Operations and Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Statement of Income Captions [Line Items]    
Operating Revenues [1] $ 443,635 $ 439,910
Programming and direct operating expenses 202,129 240,053
Selling, general and administrative 131,956 165,594
Depreciation and amortization 55,462 55,230
Gain on sale of real estate, net   317
Gain on sales of spectrum (133,197) 0
Total operating expenses 256,350 460,877
Operating Profit (Loss) [1],[2] 187,285 (20,967)
Income on equity investments, net 39,137 37,037
Interest and dividend income 1,898 505
Interest expense (40,631) (38,758)
Pension and other postretirement periodic benefit credit, net 7,084 5,735
Loss on extinguishment and modification of debt 0 (19,052)
Gain on investment transactions 3,888 4,950
Write-down of investment 0 (122,000)
Other non-operating items (776) (276)
Intercompany income (charges) 0 0
Income (Loss) from Continuing Operations Before Income Taxes 197,885 (152,826)
Income tax (benefit) expense 56,702 (51,614)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 0 0
Net Income (Loss) from Continuing Operations 141,183 (101,212)
Income (Loss) from Discontinued Operations, net of taxes 0 15,618
Net Income (Loss) 141,183 (85,594)
Net loss from continuing operations attributable to noncontrolling interests 6 0
Net Income (Loss) attributable to Tribune Media Company 141,189 (85,594)
Comprehensive Income (Loss) 149,681 (77,951)
Eliminations    
Condensed Statement of Income Captions [Line Items]    
Operating Revenues 0 0
Programming and direct operating expenses 0 0
Selling, general and administrative 0 0
Depreciation and amortization 0 0
Gain on sales of spectrum 0  
Total operating expenses 0 0
Operating Profit (Loss) 0 0
Income on equity investments, net 0 0
Interest and dividend income 0 0
Interest expense 0 0
Pension and other postretirement periodic benefit credit, net 0 0
Loss on extinguishment and modification of debt   0
Gain on investment transactions 0 0
Write-down of investment   0
Other non-operating items 0 0
Intercompany income (charges) 0 0
Income (Loss) from Continuing Operations Before Income Taxes 0 0
Income tax (benefit) expense 0 0
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes (178,576) 64,499
Net Income (Loss) from Continuing Operations (178,576) 64,499
Income (Loss) from Discontinued Operations, net of taxes 0 1,097
Net Income (Loss) (178,576)  
Net loss from continuing operations attributable to noncontrolling interests 0  
Net Income (Loss) attributable to Tribune Media Company (178,576) 65,596
Comprehensive Income (Loss) (179,011) 52,353
Parent (Tribune Media Company) | Reportable Legal Entities    
Condensed Statement of Income Captions [Line Items]    
Operating Revenues 0 0
Programming and direct operating expenses 0 0
Selling, general and administrative 22,864 38,702
Depreciation and amortization 2,404 2,948
Gain on sales of spectrum 0  
Total operating expenses 25,268 41,650
Operating Profit (Loss) (25,268) (41,650)
Income on equity investments, net 0 (469)
Interest and dividend income 1,898 482
Interest expense (40,631) (38,592)
Pension and other postretirement periodic benefit credit, net 7,084 5,735
Loss on extinguishment and modification of debt   (19,052)
Gain on investment transactions 0 4,950
Write-down of investment   0
Other non-operating items (776) (276)
Intercompany income (charges) 12,413 28,218
Income (Loss) from Continuing Operations Before Income Taxes (45,280) (60,654)
Income tax (benefit) expense (7,555) (23,715)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 178,914 (64,273)
Net Income (Loss) from Continuing Operations 141,189 (101,212)
Income (Loss) from Discontinued Operations, net of taxes 0 15,618
Net Income (Loss) 141,189  
Net loss from continuing operations attributable to noncontrolling interests 0  
Net Income (Loss) attributable to Tribune Media Company 141,189 (85,594)
Comprehensive Income (Loss) 149,681 (77,951)
Guarantor Subsidiaries | Reportable Legal Entities    
Condensed Statement of Income Captions [Line Items]    
Operating Revenues 440,891 437,487
Programming and direct operating expenses 201,343 239,232
Selling, general and administrative 108,372 126,089
Depreciation and amortization 49,932 49,162
Gain on sales of spectrum (133,197)  
Total operating expenses 226,450 414,483
Operating Profit (Loss) 214,441 23,004
Income on equity investments, net 39,137 37,506
Interest and dividend income 0 23
Interest expense 0 0
Pension and other postretirement periodic benefit credit, net 0 0
Loss on extinguishment and modification of debt   0
Gain on investment transactions 3,888 0
Write-down of investment   (122,000)
Other non-operating items 0 0
Intercompany income (charges) (12,378) (28,151)
Income (Loss) from Continuing Operations Before Income Taxes 245,088 (89,618)
Income tax (benefit) expense 64,792 (26,941)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes (338) (226)
Net Income (Loss) from Continuing Operations 179,958 (62,903)
Income (Loss) from Discontinued Operations, net of taxes 0 (1,904)
Net Income (Loss) 179,958  
Net loss from continuing operations attributable to noncontrolling interests 0  
Net Income (Loss) attributable to Tribune Media Company 179,958 (64,807)
Comprehensive Income (Loss) 179,933 (62,931)
Non-Guarantor Subsidiaries | Reportable Legal Entities    
Condensed Statement of Income Captions [Line Items]    
Operating Revenues 2,744 2,423
Programming and direct operating expenses 786 821
Selling, general and administrative 720 803
Depreciation and amortization 3,126 3,120
Gain on sales of spectrum 0  
Total operating expenses 4,632 4,744
Operating Profit (Loss) (1,888) (2,321)
Income on equity investments, net 0 0
Interest and dividend income 0 0
Interest expense 0 (166)
Pension and other postretirement periodic benefit credit, net 0 0
Loss on extinguishment and modification of debt   0
Gain on investment transactions 0 0
Write-down of investment   0
Other non-operating items 0 0
Intercompany income (charges) (35) (67)
Income (Loss) from Continuing Operations Before Income Taxes (1,923) (2,554)
Income tax (benefit) expense (535) (958)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 0 0
Net Income (Loss) from Continuing Operations (1,388) (1,596)
Income (Loss) from Discontinued Operations, net of taxes 0 807
Net Income (Loss) (1,388)  
Net loss from continuing operations attributable to noncontrolling interests 6  
Net Income (Loss) attributable to Tribune Media Company (1,382) (789)
Comprehensive Income (Loss) $ (922) $ 10,578
[1] (1)See Note 2 for the disclosures of operating revenues and operating loss included in discontinued operations for the historical periods.
[2] (2)Operating profit (loss) for each segment excludes income and loss on equity investments, interest and dividend income, interest expense, non-operating items, reorganization costs and income taxes.