10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2014

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 0-16914

THE E. W. SCRIPPS COMPANY

(Exact name of registrant as specified in its charter)

Ohio (State or other jurisdiction of incorporation or organization)	31-1223339 (IRS Employer Identification Number)
312 Walnut Street Cincinnati, Ohio (Address of principal executive offices)	45202 (Zip Code)
Registrant's telephone number, including area code: (513) 977-3000
Not applicable (Former name, former address and former fiscal year, if changed since last report.)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes þ No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes þ No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company “in Rule 12b-2 of the Exchange Act.

Large accelerated filer o Accelerated filer þ Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No þ

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. As of June 30, 2014, there were 44,265,754 of the registrant’s Class A Common shares, $.01 par value per share, outstanding and 11,932,722 of the registrant’s Common Voting shares, $.01 par value per share, outstanding.

Index to The E. W. Scripps Company Report

on Form 10-Q for the Quarter Ended June 30, 2014

Item No.	Page
PART I - Financial Information
1. Financial Statements	3
2. Management's Discussion and Analysis of Financial Condition and Results of Operations	3
3. Quantitative and Qualitative Disclosures About Market Risk	3
4. Controls and Procedures	3
PART II - Other Information
1. Legal Proceedings	4
1A. Risk Factors	4
2. Unregistered Sales of Equity Securities and Use of Proceeds	4
3. Defaults Upon Senior Securities	4
4. Mine Safety Disclosures	4
5. Other Information	4
6. Exhibits	4
Signatures	5

2

PART I

As used in this Quarterly Report on Form 10-Q, the terms “Scripps,” “Company,” “we,” “our” or “us” may, depending on the context, refer to The E. W. Scripps Company, to one or more of its consolidated subsidiary companies, or to all of them taken as a whole.

Item 1. Financial Statements

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

Item 4. Controls and Procedures

The information required by this item is filed as part of this Form 10-Q. See Index to Financial Information at page F-1 of this Form 10-Q.

3

PART II

Item 1. Legal Proceedings

We are involved in litigation arising in the ordinary course of business, such as defamation actions and governmental

proceedings, primarily relating to renewal of broadcast licenses, none of which is expected to result in material loss.

Item 1A. Risk Factors

There have been no material changes to the risk factors disclosed in Item 1A. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2013.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

There were no sales of unregistered equity securities during the quarter ended June 30, 2014.

The following table provides information about Company purchases of Class A Common shares during the quarter ended June 30, 2014 and the remaining amount that may still be purchased under the program:

Period	Total number of shares purchased	Average price paid per share		Total market value of shares purchased		Maximum value that may yet be purchased under the plans or programs
4/1/14 - 4/30/14	192,570	$	17.70	$	3,408,811	$	4,564,224
5/1/14 - 5/31/14	—	—		—		$	104,564,224
6/1/14 - 6/30/14	—	—		—		$	104,564,224
Total	192,570	$	17.70	$	3,408,811

Our board of directors authorized a repurchase program in November 2012 of up to $100 million of our Class A Common shares. We have repurchased a total of $95 million of shares under this authorization. An additional $5 million of shares may be repurchased pursuant to this authorization which expires December 31, 2014.

In May 2014, our board of directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. No shares have been repurchased under this program as of June 30, 2014. Based on the terms of our merger agreement with Journal Communications, we are precluded from repurchasing shares prior to closing the transaction.

Item 3. Defaults Upon Senior Securities

There were no defaults upon senior securities during the quarter ended June 30, 2014.

Item 4. Mine Safety Disclosures

None.

Item 5. Other Information

None.

Item 6. Exhibits

The information required by this item is filed as part of this Form 10-Q. See Index to Exhibits at page E-1 of this Form 10-Q.

4

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	THE E. W. SCRIPPS COMPANY
Dated: August 8, 2014	By:	/s/ Douglas F. Lyons
		Douglas F. Lyons
		Vice President and Controller
		(Principal Accounting Officer)

5

The E. W. Scripps Company

Index to Financial Information

Item	Page
Condensed Consolidated Balance Sheets	F-2
Condensed Consolidated Statements of Operations	F-3
Condensed Consolidated Statements of Comprehensive Income (Loss)	F-4
Condensed Consolidated Statements of Cash Flows	F-5
Condensed Consolidated Statements of Equity	F-6
Condensed Notes to Consolidated Financial Statements	F-7
Management’s Discussion and Analysis of Financial Condition and Results of Operations	F-20
Quantitative and Qualitative Disclosures About Market Risk	F-31
Controls and Procedures	F-32

F-1

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands, except share data)	As of   June 30,   2014			As of   December 31,   2013
Assets
Current assets:
Cash and cash equivalents	$	91,502		$	221,255
Restricted cash	6,810			8,210
Accounts and notes receivable (less allowances - $1,816 and $2,027)	128,932			139,703
Inventory	6,346			6,543
Deferred income taxes	17,861			17,861
Income taxes receivable	671			436
Miscellaneous	8,142			8,046
Total current assets	260,264			402,054
Investments	16,382			16,567
Property, plant and equipment	355,125			353,797
Goodwill	105,571			27,966
Other intangible assets	189,143			137,862
Deferred income taxes	9,743			8,733
Miscellaneous	18,629			19,151
Total Assets	$	954,857		$	966,130
Liabilities and Equity
Current liabilities:
Accounts payable	$	15,556		$	16,529
Customer deposits and unearned revenue	27,391			28,633
Current portion of long-term debt	2,000			2,000
Accrued liabilities:
Employee compensation and benefits	27,602			26,986
Miscellaneous	31,863			28,930
Other current liabilities	9,965			10,043
Total current liabilities	114,377			113,121
Long-term debt (less current portion)	197,000			198,000
Other liabilities (less current portion)	110,077			107,272
Equity:
Preferred stock, $.01 par — authorized: 25,000,000 shares; none outstanding	—			—
Common stock, $.01 par:
Class A — authorized: 240,000,000 shares; issued and outstanding: 44,265,754 and 44,094,501 shares	443			441
Voting — authorized: 60,000,000 shares; issued and outstanding: 11,932,722 and 11,932,722 shares	119			119
Total	562			560
Additional paid-in capital	506,676			509,243
Retained earnings	104,317			116,893
Accumulated other comprehensive loss, net of income taxes:
Unrealized loss on derivatives	(600		)	(718		)
Pension liability adjustments	(79,317		)	(80,205		)
Total The E.W. Scripps Company shareholders’ equity	531,638			545,773
Noncontrolling interest	1,765			1,964
Total equity	533,403			547,737
Total Liabilities and Equity	$	954,857		$	966,130

See notes to condensed consolidated financial statements.

F-2

Condensed Consolidated Statements of Operations (Unaudited)

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands, except per share data)	2014			2013			2014			2013
Operating Revenues:
Advertising	$	157,255		$	158,105		$	304,025		$	305,252
Subscriptions	29,699			28,096			61,998			58,567
Retransmission	12,700			10,500			25,174			20,942
Other	12,292			11,152			24,543			21,745
Total operating revenues	211,946			207,853			415,740			406,506
Costs and Expenses:
Employee compensation and benefits	103,068			96,129			204,817			196,828
Programs and program licenses	13,802			13,218			26,770			26,014
Newsprint, press supplies and other printing costs	11,046			11,407			23,084			24,351
Newspaper distribution	11,638			11,941			23,554			24,214
Other expenses	54,219			51,246			103,967			100,127
Defined benefit pension plan expense	5,477			2,569			6,855			4,538
Acquisition and related integration costs	4,097			—			4,359			—
Separation and restructuring costs	—			1,425			—			2,401
Total costs and expenses	203,347			187,935			393,406			378,473
Depreciation, Amortization, and Losses (Gains):
Depreciation	9,698			10,035			19,506			20,137
Amortization of intangible assets	1,897			1,739			3,818			3,451
Losses (gains), net on disposal of property, plant and equipment	22			(42		)	90			(37		)
Net depreciation, amortization, and losses (gains)	11,617			11,732			23,414			23,551
Operating (loss) income	(3,018		)	8,186			(1,080		)	4,482
Interest expense	(2,043		)	(2,656		)	(4,297		)	(5,269		)
Miscellaneous, net	(400		)	(1,634		)	(845		)	(2,938		)
(Loss) income from operations before income taxes	(5,461		)	3,896			(6,222		)	(3,725		)
(Benefit) provision for income taxes	(2,027		)	711			(2,176		)	(4,239		)
Net (loss) income	(3,434		)	3,185			(4,046		)	514
Net loss attributable to noncontrolling interests	(199		)	—			(199		)	—
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(3,235	)	$	3,185		$	(3,847	)	$	514
Net (loss) income per basic share of common stock attributable to the shareholders of The E.W. Scripps Company:	$	(0.06	)	$	0.05		$	(0.07	)	$	0.01
Net (loss) income per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company:	$	(0.06	)	$	0.05		$	(0.07	)	$	0.01

See notes to condensed consolidated financial statements.

F-3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)

	Three Months Ended   June 30,					Six Months Ended   June 30,
(in thousands)	2014			2013		2014			2013
Net (loss) income	$	(3,434	)	$	3,185	$	(4,046	)	$	514
Changes in fair value of derivative, net of tax of $37, $371, $74 and $406	59			612		118			671
Changes in defined benefit pension plans, net of tax of $280, $1,001, $560 and $1,299	444			1,105		888			1,956
Total comprehensive (loss) income	(2,931		)	4,902		(3,040		)	3,141
Less comprehensive loss attributable to noncontrolling interest	(199		)	—		(199		)	—
Total comprehensive (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(2,732	)	$	4,902	$	(2,841	)	$	3,141

See notes to condensed consolidated financial statements.

F-4

Condensed Consolidated Statements of Cash Flows (Unaudited)

	Six Months Ended   June 30,
(in thousands)	2014			2013
Cash Flows from Operating Activities:
Net (loss) income	$	(4,046	)	$	514
Adjustments to reconcile net (loss) income to net cash flows from operating activities:
Depreciation and amortization	23,324			23,588
Deferred income taxes	(2,489		)	2,041
Stock and deferred compensation plans	4,711			4,757
Pension expense, net of payments	2,182			3,113
Liability for withdrawal from GCIU employer retirement fund	4,100			—
Other changes in certain working capital accounts, net	11,411			(31,044		)
Miscellaneous, net	1,122			1,923
Net cash provided by operating activities	40,315			4,892
Cash Flows from Investing Activities:
Acquisitions	(145,222		)	—
Additions to property, plant and equipment	(8,209		)	(12,169		)
Purchase of investments	(1,203		)	(1,375		)
Change in restricted cash	1,400			1,800
Miscellaneous, net	598			320
Net cash used in investing activities	(152,636		)	(11,424		)
Cash Flows from Financing Activities:
Payments on long-term debt	(1,000		)	(7,950		)
Repurchase of Class A Common shares	(21,237		)	(34,910		)
Proceeds from employee stock options	8,876			33,675
Tax payments related to shares withheld for RSUs	(3,837		)	(5,970		)
Miscellaneous, net	(234		)	(2,854		)
Net cash used in financing activities	(17,432		)	(18,009		)
Decrease in cash and cash equivalents	(129,753		)	(24,541		)
Cash and cash equivalents:
Beginning of year	221,255			242,642
End of period	$	91,502		$	218,101
Supplemental Cash Flow Disclosures
Interest paid	$	3,738		$	3,917
Income taxes paid	$	380		$	111

See notes to condensed consolidated financial statements.

F-5

Condensed Consolidated Statements of Equity (Unaudited)

(in thousands, except share data)	Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
As of December 31, 2012	$	555		$	517,688		$	136,293		$	(116,840	)	$	2,214		$	539,910
Net income	—			—			514			—			—			514
Changes in defined benefit pension plans	—			—			—			1,956			—			1,956
Changes in fair value of derivative	—			—			—			671			—			671
Repurchase 2,684,876 Class A Common shares	(27		)	(29,251		)	(5,632		)	—			—			(34,910		)
Compensation plans: 4,248,638 net shares issued *	43			31,759			—			—			—			31,802
As of June 30, 2013	$	571		$	520,196		$	131,175		$	(114,213	)	$	2,214		$	539,943
As of December 31, 2013	$	560		$	509,243		$	116,893		$	(80,923	)	$	1,964		$	547,737
Net loss	—			—			(3,847		)	—			(199		)	(4,046		)
Changes in defined benefit pension plans	—			—			—			888			—			888
Changes in fair value of derivative	—			—			—			118			—			118
Repurchase 1,181,560 Class A Common shares	(12		)	(12,496		)	(8,729		)	—			—			(21,237		)
Compensation plans: 1,352,813 net shares issued *	14			9,929			—			—			—			9,943
As of June 30, 2014	$	562		$	506,676		$	104,317		$	(79,917	)	$	1,765		$	533,403

* Net of tax payments related to shares withheld for vested stock and RSUs of $3,837 in 2014 and $5,970 in 2013.

See notes to condensed consolidated financial statements.

F-6

Condensed Notes to Consolidated Financial Statements (Unaudited)

1. Summary of Significant Accounting Policies

As used in the Condensed Notes to Consolidated Financial Statements, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E. W. Scripps Company, to one or more of its consolidated subsidiary companies or to all of them taken as a whole.

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2013 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the Internet, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2013 Annual Report on Form 10-K.

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2013. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.4 million and $0.5 million for the second quarter of 2014 and 2013, respectively. Year-to-date share-based compensation costs totaled $4.7 million and $3.9 million in 2014 and 2013, respectively.

F-7

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Numerator (for basic and diluted earnings per share)
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(3,235	)	$	3,185		$	(3,847	)	$	514
Less income allocated to RSUs	—			(89		)	—			(16		)
Numerator for basic and diluted earnings per share	$	(3,235	)	$	3,096		$	(3,847	)	$	498
Denominator
Basic weighted-average shares outstanding	56,043			57,448			56,063			56,894
Effect of dilutive securities:
Stock options held by employees and directors	—			1,299			—			1,172
Diluted weighted-average shares outstanding	56,043			58,747			56,063			58,066
Anti-dilutive securities (1)	3,746			—			3,746			—

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

For the quarter and six months ended ended June 30, 2014, we incurred a net loss and the inclusion of RSUs and stock options held by employees and directors would have been anti-dilutive, and accordingly the diluted EPS calculation for the period excludes those common share equivalents.

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

2. Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In May 2014, the Financial Accounting Standards Board issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

F-8

3. Acquisitions

On June 16, 2014, we closed our acquisition of two television stations owned by Granite Broadcasting Corporation — the Detroit MyNetworkTV affiliate WMYD-TV and the Buffalo, N.Y. ABC affiliate WKBW-TV ("Acquired Granite Stations") — for $110 million in cash. The acquisition of WMYD-TV creates a duopoly with our largest station, Detroit ABC affiliate WXYZ-TV.

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired as of June 16, 2014:

(in thousands)
Assets:
Property, plant and equipment	$	12,133
Intangible assets	49,200
Goodwill	48,667
Net purchase price	$	110,000

Of the $49 million allocated to intangible assets, $21 million was for FCC licenses which we have determined to have an indefinite life and therefore will not be amortized. The remaining balance of $28 million will be allocated to retransmission agreements, television network affiliation relationships and advertiser relationships with estimated amortization periods of 10 to 20 years.

The goodwill of $48.7 million arising from the transaction consists largely of synergies and economies of scale and other benefits of a larger broadcast footprint, as well as synergies from being able to create a duopoly in our Detroit market. We have allocated the goodwill to our television segment. We will treat the transaction as an asset acquisition for income tax purposes resulting in a step-up in the assets acquired. The goodwill is deductible for income tax purposes.

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period.

	Three Months Ended   June 30,					Six Months Ended   June 30,
(in thousands, except per share data) (unaudited)	2014			2013		2014			2013
Operating revenues	$	218,821		$	216,031	$	429,979		$	422,061
(Loss) income from operations attributable to the shareholders of The E.W. Scripps Company	(2,703		)	4,436		(2,614		)	2,545
(Loss) income per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	(0.05		)	0.08		(0.05		)	0.04
Diluted	(0.05		)	0.07		(0.05		)	0.04

F-9

On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash, plus a working capital adjustment of $0.2 million.

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired and the liabilities assumed as of January 1, 2014:

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,938
Total assets acquired	36,183
Current liabilities	116
Long-term deferred liability	845
Net purchase price	$	35,222

Of the $5.9 million allocated to intangible assets, $4.1 million was allocated to customer relationships with an estimated amortization period of 5 years and the balance of $1.8 million was allocated to various other intangible assets.

The goodwill of $28.9 million arising from the transaction consists largely of the benefit we will derive from being able to enter the digital video market with an established business. We have allocated the goodwill to our syndication and other segment. We will treat the transaction as a purchase of stock for income tax purposes with no step-up in the assets acquired. The goodwill will not be deductible for income tax purposes. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior year results of operations.

4. Income Taxes

We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies.

The income tax provision for interim periods is generally determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss) to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed.

The effective income tax rate for the six months ended June 30,2014 and 2013 was 35% and 114%, respectively. The primary reason for the difference between these rates and the U.S. federal statutory rate of 35% is the impact of state taxes, non-deductible expenses and adjustments to reserves for uncertain tax positions (including interest). We recognized $2.4 million of previously unrecognized tax benefits in the first six months of 2013 upon settlement of audits or when the statute of limitations lapsed in certain tax jurisdictions.

Deferred tax assets totaled $27.6 million at June 30, 2014. Management believes that it is more likely than not that we will realize the benefits of our federal deferred tax assets and therefore has not recorded a valuation allowance for our federal deferred tax assets. If economic conditions worsen, future estimates of taxable income could be lower than our current estimates which may require valuation allowances to be recorded in future reporting periods.

We recognize state net operating loss carryforwards as deferred tax assets, subject to valuation allowances. At each balance sheet date, we estimate the amount of carryforwards that are not expected to be used prior to expiration of the carryforward period. The tax effect of the carryforwards that are not expected to be used prior to their expiration is included in the valuation allowance.

F-10

During the periods ended June 30, 2014 and 2013, deferred tax assets relating to employee share-based compensation from the vesting of RSU's and the exercise of stock options have not been recognized since we are in a net tax loss position for both periods. The additional tax benefits will be reflected as net operating loss carryforwards when we file our tax returns, but the additional tax benefits are not recorded under GAAP until the tax deduction reduces taxes payable. The amount of unrecognized tax deductions for the six months ended June 30,2014 and 2013 was approximately $25 million and $26 million, respectively.

5. Other Charges and Credits

Income (loss) from operations was affected by the following:

Acquisition and related integration costs of $4.4 million for the six months ended June 30, 2014 include costs associated with the acquisition of two television stations from Granite Broadcasting and costs related to the merger with Journal Communications broadcast operations and the spin-off of our newspaper business.

Restructuring costs, primarily at our newspaper operations, totaled $1.4 million for the second quarter of 2013 and $2.4 million for the first six months of 2013. Restructuring costs primarily include costs associated with efforts to simplify and standardize advertising and circulation systems and other processes in our newspaper division. In 2014, we are in the final stages of these system implementations and any remaining costs are now included in segment operating results.

6. Restricted Cash

At June 30, 2014 and December 31, 2013, we had $6.8 million and $8.2 million, respectively, in a restricted cash account on deposit with our insurance carrier. This account serves as collateral, in place of an irrevocable stand-by letter of credit, to provide financial assurance that we will fulfill our obligations with respect to cash requirements associated with our workers compensation self-insurance. This cash is to remain on deposit with the carrier until all claims have been paid or we provide a letter of credit in lieu of the cash deposit.

7. Goodwill and Other Intangible Assets

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2013	$	243,380		$	778,900		$	—	$	1,022,280
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2013	27,966			—			—		27,966
2014 Newsy acquisition	—			—			28,938		28,938
2014 Acquired Granite Stations	48,667			—			—		48,667
Balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571
Gross balance as of June 30, 2014	$	292,047		$	778,900		$	28,938	$	1,099,885
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571

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Other intangible assets consisted of the following:

(in thousands)	As of   June 30,   2014			As of   December 31,   2013
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	87,944		$	78,844
Customer lists and advertiser relationships	30,404			22,304
Retransmission agreements	14,700			—
Other	5,361			3,561
Total carrying amount	138,409			104,709
Accumulated amortization:
Television network affiliation relationships	(11,666		)	(9,691		)
Customer lists and advertiser relationships	(14,770		)	(13,138		)
Retransmission agreements	—			—
Other	(2,045		)	(1,833		)
Total accumulated amortization	(28,481		)	(24,662		)
Net amortizable intangible assets	109,928			80,047
Other indefinite-lived intangible assets — FCC licenses	79,215			57,815
Total other intangible assets	$	189,143		$	137,862

Estimated amortization expense of intangible assets for each of the next five years is $5.2 million for the remainder of 2014, $10.1 million in 2015, $10.1 million in 2016, $7.6 million in 2017, $7.6 million in 2018, $6.6 million in 2019, and $62.7 million in later years.

8. Long-Term Debt

Long-term debt consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Variable rate credit facility	$	—	$	—
Term loan	199,000		200,000
Long-term debt	199,000		200,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	197,000	$	198,000
Fair value of long-term debt *	$	199,000	$	200,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

We have a $275 million revolving credit and term loan agreement (“Financing Agreement”). The Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018.

The Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction.

Interest is payable on the term loan B at rates based on LIBOR with a 0.75% floor, plus a fixed margin of 2.50%. Interest is payable on the revolving credit facility at rates based on LIBOR plus a margin based on our leverage ratio ranging from 2.25% to 2.75%. As of June 30, 2014 and December 31, 2013, the interest rate was 3.25% on the term loan B. The Financing Agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. As of June 30, 2014, we were not required to make additional principal payments based on excess cash flow. The weighted-average interest rate on borrowings was 3.25% and 3.70% for the six months ended June 30,2014 and 2013, respectively.

Scheduled principal payments on long-term debt at June 30, 2014 are: $1.0 million for the remainder of 2014, $2.0 million in 2015, $2.0 million in 2016, $2.0 million in 2017, $2.0 million in 2018, $2.0 million in 2019 and $188 million thereafter.

Under the terms of the Financing Agreement, we granted the lenders mortgages on certain of our real property, pledges of our equity interests in our subsidiaries and security interests in substantially all other personal property including cash, accounts receivables, inventories and equipment.

The Financing Agreement allows us to make restricted payments (dividends and share repurchases) up to $50 million plus additional amounts based on our financial results and condition. We can also make additional stock repurchases equal to the amount of proceeds that we receive from the exercise of stock options held by our employees. Additionally, we can make acquisitions as long as the pro forma net leverage ratio is less than 4.5 to 1.0.

Commitment fees of 0.30% to 0.50% per annum, based on our leverage ratio, of the total unused commitment are payable under the revolving credit facility.

As of June 30, 2014 and December 31, 2013, we had outstanding letters of credit totaling $0.2 million.

9. Financial Instruments

We are exposed to various market risks, including changes in interest rates. To manage risks associated with the volatility of changes in interest rates, we may enter into interest rate management instruments.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative, which was designated as and qualified as a cash flow hedge through November 2013, is determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves and implied volatilities. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk.

Fair Value of Derivative Instruments

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of June 30, 2014						As of December 31, 2013
	Notional		Fair value				Notional		Fair value
(in thousands)	amount		Asset		Liability (1)		amount		Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	785	$	75,000	$	—	$	723

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheets

Through November 2013, the above derivative instrument was designated as and qualified as a cash flow hedge and the effective portion of the unrealized gains and losses on the derivative was reported as a component of accumulated other comprehensive loss and reclassified into earnings in the periods during which the hedged transactions affected earnings. Upon refinancing our term loan in November 2013, this hedge no longer qualified as a cash flow hedge and gains and losses on the derivative are recorded in current period earnings. The balance in accumulated other comprehensive loss at the date of discontinuance of hedge accounting is being amortized into earnings on a straight-line basis through December 2016. For the

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period ended June 30, 2014, approximately $0.2 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   June 30,			Six Months Ended   June 30,
(in thousands)	2014		2013	2014		2013
Effective portion recognized in accumulated OCL, gain/(loss)	—		817	—		745
Amounts reclassified from accumulated OCL, gain/(loss)	96		167	192		333
Gain/(loss) on derivative	(111	)	—	(62	)	—

10. Fair Value Measurement

We measure certain financial assets and liabilities at fair value on a recurring basis, such as cash equivalents and derivatives. The fair value of these financial assets and liabilities was determined based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. These levels of input are as follows:

• Level 1 — Quoted prices in active markets for identical assets or liabilities.

• Level 2 — Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly.

• Level 3 — Unobservable inputs based on our own assumptions.

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at June 30, 2014 and December 31, 2013:

	As of June 30, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(785		)	—		(785		)	—

	As of December 31, 2013
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	30,000		$	30,000	$	—		$	—
Interest rate swap	(723		)	—		(723		)	—

11. Other Liabilities

Other liabilities consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Employee compensation and benefits	$	19,257	$	19,756
Liability for pension benefits	62,836		62,020
Liabilities for uncertain tax positions	10,983		10,670
Other	17,001		14,826
Other liabilities (less current portion)	$	110,077	$	107,272

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12. Noncontrolling Interests

Individuals and other entities own a 4% noncontrolling interest in the capital stock of the subsidiary company that publishes our Memphis newspaper and a 6% noncontrolling interest in the capital stock of the subsidiary company that publishes our Evansville newspaper. We are not required to redeem the noncontrolling interests in these subsidiary companies.

13. Supplemental Cash Flow Information

The following table presents additional information about the change in certain working capital accounts:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	11,411		$	(4,420	)
Income taxes receivable/payable, net	(235		)	(3,167		)
Accounts payable	(1,084		)	(6,538		)
Accrued employee compensation and benefits	611			(12,487		)
Other accrued liabilities	2,596			467
Other, net	(1,888		)	(4,899		)
Total	$	11,411		$	(31,044	)

14. Employee Benefit Plans

We sponsor various noncontributory defined benefit pension plans covering substantially all full-time employees that began employment prior to June 30, 2008. Benefits earned by employees are generally based upon employee compensation and years of service credits. We also have a non-qualified Supplemental Executive Retirement Plan ("SERP"). Effective June 30, 2009, we froze the accrual of benefits under our defined benefit pension plans and our SERP that cover the majority of our employees.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. In connection with freezing the accrual of service credits under certain of our defined benefit pension plans, we began contributing additional amounts to certain employees' defined contribution retirement accounts in 2011. These transition credits, which will be made through 2015, are determined based upon the employee’s age, compensation and years of service.

Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.

The components of the expense consisted of the following:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Service cost	$	22		$	17		$	43		$	34
Interest cost	6,277			5,975			12,555			11,951
Expected return on plan assets, net of expenses	(5,859		)	(5,371		)	(11,718		)	(10,742		)
Amortization of actuarial loss	641			1,061			1,283			2,122
Total for defined benefit plans	1,081			1,682			2,163			3,365
Multi-employer plans	105			111			224			231
Withdrawal from GCIU multi-employer plan	4,100			—			4,100			—
SERP	296			887			592			1,173
Defined contribution plans	3,056			2,907			6,216			6,286
Net periodic benefit cost	$	8,638		$	5,587		$	13,295		$	11,055

F-14

We contributed $0.4 million to fund current benefit payments for our SERP during the first six months ended June 30, 2014. We anticipate contributing an additional $0.4 million to fund the SERP’s benefit payments during the remainder of 2014. We contributed $0.1 million to our defined benefit pension plans during the first six months of 2014.

We participate in multi-employer pension plans that cover certain employees that are members of unions or trade associations that have a collective bargaining agreement with us. In the second quarter of 2014, unions ratified our plan to withdraw from the Graphics Communication International Union (GCIU) Employer Retirement Fund. Upon ratification of the agreement, we estimated the undiscounted liability to be approximately $6.5 million and recorded a liability of $4.1 million for the present value withdrawal liability. Once the final withdrawal liability is determined at the end of this year with the GCIU, we either will pay the liability in a lump sum or make equal monthly installments over 20 years beginning in 2015.

15. Segment Information

We determine our business segments based upon our management and internal reporting structure. Our reportable segments are strategic businesses that offer different products and services.

Our television segment includes 11 ABC affiliates, three NBC affiliates, and two independent stations that operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

Our newspaper segment includes daily and community newspapers in 13 markets across the United States. Newspapers earn revenue primarily from the sale of advertising space to local and national advertisers and newspaper subscription fees.

Syndication and other primarily includes certain digital operations outside of our television and newspaper markets and syndication of news features and comics and other features for the newspaper industry. Newsy, a digital video news service, is also included in syndication and other.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

F-15

Information regarding our business segments is as follows:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Segment operating revenues:
Television	$	115,794		$	111,393		$	217,936		$	208,259
Newspapers	92,250			93,452			190,740			192,940
Syndication and other	3,902			3,008			7,064			5,307
Total operating revenues	$	211,946		$	207,853		$	415,740		$	406,506
Segment profit (loss):
Television	$	27,806		$	30,532		$	48,778		$	47,024
Newspapers	5,443			5,882			13,992			11,819
Syndication and other	(725		)	(446		)	(513		)	32
Shared services and corporate	(14,351		)	(12,056		)	(28,709		)	(23,903		)
Defined benefit pension plan expense	(5,477		)	(2,569		)	(6,855		)	(4,538		)
Acquisition and related integration costs	(4,097		)	—			(4,359		)	—
Separation and restructuring costs	—			(1,425		)	—			(2,401		)
Depreciation and amortization of intangibles	(11,595		)	(11,774		)	(23,324		)	(23,588		)
(Losses) gains, net on disposal of property, plant and equipment	(22		)	42			(90		)	37
Interest expense	(2,043		)	(2,656		)	(4,297		)	(5,269		)
Miscellaneous, net	(400		)	(1,634		)	(845		)	(2,938		)
(Loss) income from operations before income taxes	$	(5,461	)	$	3,896		$	(6,222	)	$	(3,725	)
Depreciation:
Television	$	5,028		$	5,616		$	10,139		$	11,207
Newspapers	3,925			4,004			7,912			8,117
Syndication and other	102			19			200			38
Shared services and corporate	643			396			1,255			775
Total depreciation	$	9,698		$	10,035		$	19,506		$	20,137
Amortization of intangibles:
Television	$	1,600		$	1,602		$	3,199		$	3,179
Newspapers	93			137			211			272
Syndication and other	204			—			408			—
Total amortization of intangibles	$	1,897		$	1,739		$	3,818		$	3,451
Additions to property, plant and equipment:
Television	$	4,708		$	3,269		$	6,440		$	5,156
Newspapers	694			572			913			1,461
Syndication and other	102			—			130			—
Shared services and corporate	121			3,349			726			5,552
Total additions to property, plant and equipment	$	5,625		$	7,190		$	8,209		$	12,169

No single customer provides more than 10% of our revenue.

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16. Spin-off of Scripps Networks Interactive, Inc.

On July 1, 2008, we distributed all of the shares of Scripps Networks Interactive, Inc. (“SNI”) to shareholders of record as of the close of business on June 16, 2008. SNI owned and operated our national lifestyle cable television networks and interactive media businesses.

In connection with the separation we entered into several agreements, including a Tax Allocation Agreement. This agreement sets forth the allocations between us and SNI with regards to liabilities for federal, state and local taxes for periods prior to the separation.

Under the terms of the Tax Allocation Agreement, we receive any tax deductions for share-based compensation awards held by our employees in SNI. Tax deductions for the six months ended June 30,2014 and 2013 resulting from the exercise of those awards totaled approximately $6.6 million and $8.9 million, respectively. These benefits are recorded as additional paid-in capital at the time they are realized. At June 30, 2014, our employees held options on approximately 0.2 million SNI shares which expire through 2015.

17. Capital Stock

Capital Stock — We have two classes of common shares, Common Voting shares and Class A Common shares. The Class A Common shares are only entitled to vote on the election of the greater of three or one-third of the directors and other matters as required by Ohio law.

Share Repurchase Plan — In November 2012, our board of directors authorized a repurchase program of up to $100 million of our Class A Common shares through December 2014. Under the authorization, we repurchased $21.2 million of shares at prices ranging from $16.35 to $19.99 per share during the first half of 2014. For the six months ended June 30, 2013, we purchased $34.9 million of shares at prices ranging from $10.83 to $15.49 per share. As of June 30, 2014, we have $5 million remaining for share repurchases under this authorization.

In May 2014, our board of directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. No shares have been repurchased under this program as of June 30, 2014. Based on the terms of our merger agreement with Journal Communications, we are precluded from repurchasing shares prior to closing the transaction.

Information about options outstanding and options exercisable by year of grant as of June 30, 2014 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2004 – expire in 2014	$10-11	0.37	9,185	$	10.05	$	0.1
2005 – expire in 2015	10-11	0.79	43,188	10.90		0.4
2006 – expire in 2016	10-11	1.93	49,966	10.05		0.6
2007 – expire in 2015	9-10	0.66	565,970	10.31		6.1
2008 – expire in 2016	7-10	1.74	1,787,186	8.76		22.2
Total	$7-11	1.47	2,455,495	$	9.19	$	29.4

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18. Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

	Three months ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2013	$	(950	)	$	(115,337	)	$	357	$	(115,930	)
Other comprehensive income before reclassifications	509			—			—		509
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $63 (a)	103			—			—		103
Actuarial loss, net of tax of $1,001 (b)	—			1,105			—		1,105
Net current-period other comprehensive income	612			1,105			—		1,717
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

	Six Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $74 (a)	118			—			—		118
Actuarial loss, net of tax of $560 (b)	—			888			—		888
Net current-period other comprehensive income	118			888			—		1,006
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

F-18

	Six Months Ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2012	$	(1,009	)	$	(116,188	)	$	357	$	(116,840	)
Other comprehensive income before reclassifications	464			—			—		464
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $126 (a)	207			—			—		207
Actuarial loss, net of tax of $1,299 (b)	—			1,956			—		1,956
Net current-period other comprehensive income	671			1,956			—		2,627
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

19. Subsequent Events

On July 30, 2014, Scripps and Journal Communications ("Journal"), Inc. agreed to merge their broadcast operations and spin off their newspaper businesses into a separate publicly traded company (the “Transaction”).

The merged broadcast and digital media company, based in Cincinnati, will retain The E.W. Scripps Company name and continue to be controlled by the Scripps family. The company’s television operations will reach approximately 18% of all U.S. households and have approximately 4,000 employees across its television, radio and digital media operations.

The newspaper company will be named Journal Media Group, combining the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. The company will have approximately 3,600 employees and will be headquartered in Milwaukee.

The board of directors of both companies have approved the Transaction, which is subject to customary regulatory and shareholder approvals. As part of the Transaction, Scripps shareholders will receive a $60 million special cash dividend. Based on the terms of the merger agreement, we are precluded from repurchasing shares prior to closing the transaction. The Transaction is expected to close in 2015.

F-19

Management’s Discussion and Analysis of Financial Condition and Results of Operations

The E. W. Scripps Company (“Scripps”) is a diverse media enterprise with interests in television stations, newspapers and local and national digital media sites. We serve audiences and businesses through a growing portfolio of television, print and digital media brands. We own 21 local television stations, as well as daily newspapers in 13 markets across the United States. We also run an expanding collection of local and national digital journalism and information businesses including digital video news service Newsy. We also produce television programming, run an award-winning investigative reporting newsroom in Washington, D.C., and serve as the longtime steward of one of the nation's largest, most successful and longest-running educational programs, the Scripps National Spelling Bee.

This discussion and analysis of financial condition and results of operations is based upon the Condensed Consolidated Financial Statements and the Condensed Notes to the Consolidated Financial Statements. You should read this discussion in conjunction with those financial statements.

Forward-Looking Statements

Certain forward-looking statements related to our businesses are included in this discussion. Those forward-looking statements reflect our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from the expectations expressed in the forward-looking statements. Such risks, trends and uncertainties, which in most instances are beyond our control, include changes in advertising demand and other economic conditions; consumers’ tastes; newsprint prices; program costs; labor relations; technological developments; competitive pressures; interest rates; regulatory rulings; and reliance on third-party vendors for various products and services. The words “believe,” “expect,” “anticipate,” “estimate,” “intend” and similar expressions identify forward-looking statements. You should evaluate our forward-looking statements, which are as of the date of this filing, with the understanding of their inherent uncertainty. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date the statement is made.

Executive Overview

On July 30, 2014, Scripps and Journal Communications, Inc. agreed to merge their broadcast operations and spin off their newspaper businesses into a separate publicly traded company. The merged broadcast operations, which will retain The E.W. Scripps company name, will reach approximately 18% of all U.S. households serving 27 markets. The company will have approximately 4,000 employees across its television, radio and digital media operations. After the deal closes, Scripps will be the fifth-largest independent television station group in the country and one of the largest owners of ABC-affiliated TV stations in the country by market reach with 15 ABC affiliates. The merger will grow our national broadcast footprint and expands our affiliations to all of the big four networks.

The merger further leverages Scripps' digital investments, adding large and attractive markets to the portfolio. The company is expecting to build and launch market-leading digital brands that serve growing digital media audiences in addition to supporting the on-air local news brands. Further, the company expects to benefit from the new geographic markets with the national reach of digital brands such as Newsy and DecodeDC.

The newspaper company will be called Journal Media Group, combining the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. The company will have approximately 3,600 employees and will be headquartered in Milwaukee.

The board of directors of both companies have approved the transaction, which is subject to customary regulatory and shareholder approvals. As part of the Transaction, Scripps shareholders will receive a $60 million special cash dividend. The deal is expected to close in 2015.

In June 2014, we completed our acquisition of two television stations from Granite Broadcasting Corporation for $110 million in cash. The acquisition includes the Detroit MyNetworkTV affiliate and the Buffalo, N.Y., ABC affiliate. The acquisition of the Detroit station creates a duopoly with our largest station, ABC affiliate WXYZ-TV.

Our emphasis on positioning our television stations in their markets to be leaders in local news continues to show strong results. In the May 2014 rating period, eight of our stations finished first or second in key adult demographics in at least one of the major local news time periods (6 a.m., 6 p.m. or late news). Eight of our 13 major network-affiliated stations improved their percentage of local news viewing in at least one of these time periods in May 2014. These ratings do not reflect any results of our Buffalo ABC affiliate since we did not own the station during the rating period. We believe our emphasis on being the local news leader in our markets will drive stronger operating results.

F-20

We continue to see strong results from our programming strategy, lessening our reliance on purchased syndicated shows. We have two original shows — a game show called Let's Ask America and a nightly infotainment magazine called The List — with one or both being aired during the access period between evening news and prime time in eight of our markets. We intend to roll them out in the rest of our markets when commitments to air other programming during that time period expire. We have recently signed a deal to syndicate Let's Ask America in markets nationwide. We are also a partner in another original show called RightThisMinute, a daily news and entertainment program that airs on 12 of our stations and reaches more than 90% of the country. We plan to launch our fourth original show called The Now in eight of our markets beginning in the third quarter of 2014. The Now is a combination of news and entertainment stories trending on social media and invites the audience to join the conversation across the traditional and digital media platforms.

In our newspaper division, we saw the launch late in the first quarter of 2013 of our bundled-subscription model in our Memphis and Treasure Coast markets. By the end of the third quarter of 2013, all of our newspaper markets had rolled out this model. Under our bundled model, subscribers receive access to all of our newspaper content on all platforms. Only limited digital content is available to non-subscribers. We also offer digital-only subscriptions. As we head into the second year of our bundled subscription model, we expect to see the increases in subscription revenues moderate.

We continue to invest in our digital initiatives. We are hiring and developing digital-only sales personnel, streamlining digital sales processes and creating digital content. We expect these investments to drive digital revenue growth in each of our divisions.

We continued our investment in the digital area with the January 2014 acquisition of digital video news provider Media Convergence Group, Inc. which operates as Newsy, for $35 million in cash, plus a working capital adjustment of $0.2 million. This acquisition fits our digital strategy to run a national news brand that both enhances our local content offerings and gives us more access to the fast-growing digital news audiences and revenues on national platforms. Newsy adds a new dimension to our video news strategy with a multi-platform approach to storytelling specifically geared for digital audiences.

Critical Accounting Policies and Estimates

The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) requires us to make a variety of decisions that affect reported amounts and related disclosures, including the selection of appropriate accounting principles and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions. We are committed to incorporating accounting principles, assumptions and estimates that promote the representational faithfulness, verifiability, neutrality and transparency of the accounting information included in the financial statements.

Note 1 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2013 describes the significant accounting policies we have selected for use in the preparation of our financial statements and related disclosures. An accounting policy is deemed to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made and if different estimates that reasonably could have been used or changes in estimates that are likely to occur could materially change the financial statements. We believe the accounting for acquisitions, long-lived assets, goodwill and indefinite-lived intangible assets, income taxes and pension plans to be our most critical accounting policies and estimates. A detailed description of these accounting policies is included in the Critical Accounting Policies section of Management's Discussion and Analysis of Financial Condition and Results of Operations included in our Annual Report on Form 10-K for the year ended December 31, 2013.

Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In May 2014, the Financial Accounting Standards Board issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

F-21

Results of Operations

The trends and underlying economic conditions affecting the operating performance and future prospects differ for each of our business segments. Accordingly, you should read the following discussion of our consolidated results of operations in conjunction with the discussion of the operating performance of our business segments that follows.

Consolidated Results of Operations

Consolidated results of operations were as follows:

	Three Months Ended June 30,								Six months ended June 30,
(in thousands)	2014			Change		2013			2014			Change		2013
Operating revenues	$	211,946		2.0	%	$	207,853		$	415,740		2.3	%	$	406,506
Employee compensation and benefits	(103,068		)	7.2	%	(96,129		)	(204,817		)	4.1	%	(196,828		)
Programs and program licenses	(13,802		)	4.4	%	(13,218		)	(26,770		)	2.9	%	(26,014		)
Newsprint, press supplies and other printing costs	(11,046		)	(3.2	)%	(11,407		)	(23,084		)	(5.2	)%	(24,351		)
Newspaper distribution	(11,638		)	(2.5	)%	(11,941		)	(23,554		)	(2.7	)%	(24,214		)
Other expenses	(54,219		)	5.8	%	(51,246		)	(103,967		)	3.8	%	(100,127		)
Defined benefit pension plan expense	(5,477		)			(2,569		)	(6,855		)			(4,538		)
Acquisition and related integration costs	(4,097		)			—			(4,359		)			—
Separation and restructuring costs	—					(1,425		)	—					(2,401		)
Depreciation and amortization of intangibles	(11,595		)			(11,774		)	(23,324		)			(23,588		)
(Losses) gains, net on disposal of property, plant and equipment	(22		)			42			(90		)			37
Operating (loss) income	(3,018		)			8,186			(1,080		)			4,482
Interest expense	(2,043		)			(2,656		)	(4,297		)			(5,269		)
Miscellaneous, net	(400		)			(1,634		)	(845		)			(2,938		)
(Loss) income from operations before income taxes	(5,461		)			3,896			(6,222		)			(3,725		)
Benefit (provision) for income taxes	2,027					(711		)	2,176					4,239
Net (loss) income	(3,434		)			3,185			(4,046		)			514
Net loss attributable to noncontrolling interests	(199		)			—			(199		)			—
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(3,235	)			$	3,185		$	(3,847	)			$	514

The Company completed its acquisition of the two Granite television stations on June 16, 2014. The inclusion of operating results from these stations for the period subsequent to the acquisition did not alter trends or comparisons to the prior year.

Operating revenues increased 2.0% in the second quarter of 2014 compared to 2013 and 2.3% for the first six months of 2014 compared to prior year. Television revenues increased 4.0% in the second quarter of 2014 and 4.6% for the first half of 2014 primarily driven by higher political advertising and increased retransmission revenues, while newspaper revenues declined approximately 1% for both periods. The first half of 2014 showed improvement in the rate of decline in newspaper operating revenues, which were only down slightly from the year ago periods as increases in subscription revenue from print and digital subscription bundles, along with targeted price increases, helped offset declines in advertising revenues. The second quarter of 2014 is the fourth consecutive quarter we saw a rise in subscription revenue over the prior year.

Employee compensation and benefits increased 7.2% in the second quarter of 2014 and 4.1% in the year-to-date period.Employee compensation and benefits associated with supporting our digital operations increased year-to-date costs by approximately $5.8 million, while employee related costs in our newspaper segment were down due to lower employment levels.

F-22

Programs and program licenses increased by 4.4% for the 2014 quarter and 2.9% for the six months ended June 30, 2014,primarily due to increases in fees we pay under our network affiliation agreements, which require us to pay a portion of retransmission revenues above a threshold to the network. The fees paid to the networks increased $1.2 million and $2.4 million for the second quarter of 2014 and six months ended June 30, 2014, respectively, as our retransmission revenues increased. This was partially off-set by a $0.8 million reduction in the second quarter and $1.6 million reduction year-to-date in costs for syndicated programming as more of our stations replaced syndicated programming with internally produced programming.

Newsprint, press supplies and other printing costs declined by 3.2% and 5.2% for the second quarter and six months ended June 30, 2014, respectively, primarily due to lower expenditures for newsprint. Average newsprint prices decreased nearly 7% and newsprint consumption decreased slightly for the six months ended June 30, 2014.

Newspaper distribution costs decreased by less than 3% for the 2014 quarter and year-to-date period compared to prior year as a result of lower net paid circulation levels. A large portion of our distribution costs are variable and increase or decrease in relation to our circulation levels.

Other expenses include the following:

	Three Months Ended June 30,						Six months ended June 30,
(in thousands)	2014		Change		2013		2014		Change		2013
Facilities rent and maintenance	$	9,945	3.1	%	$	9,645	$	20,177	1.6	%	$	19,861
Purchased news and content	3,584		(6.6	)%	3,837		7,248		(6.0	)%	7,708
Marketing and promotion	4,701		(12.7	)%	5,382		7,735		(13.1	)%	8,905
Miscellaneous costs	35,989		11.1	%	32,382		68,807		8.1	%	63,653
Total other expenses	$	54,219	5.8	%	$	51,246	$	103,967	3.8	%	$	100,127

Marketing and promotion costs in the 2013 year-to-date period includes costs to promote our bundled subscription offerings in the newspaper division. We completed the launch of our bundled subscription model in the third quarter of 2013.

Miscellaneous costs increased primarily from costs to support our digital initiatives.

Defined benefit pension plan expense increased to $6.9 million for the six months ended June 30, 2014. In the second quarter of 2014, unions ratified our plan to withdraw from the GCIU Employer Retirement Fund. Upon ratification of the agreement, we estimated the undiscounted liability to be approximately $6.5 million and recorded a liability of $4.1 million for the present value withdrawal liability. Once we reach an agreement with the GCIU, we either will pay the liability in a lump sum or make equal monthly installments over 20 years beginning in 2015.

Acquisition and related integration costs of $4.4 million for the six months ended June 30, 2014 include costs associated with the acquisition of two television stations from Granite Broadcasting and costs related to the transaction with Journal Communications.

Separation and restructuring costs were $1.4 million in the second quarter of 2013 and $2.4 million year-to-date 2013 related to costs associated with the implementation of common advertising and circulation systems. In 2014, we are in the final stages of these system implementations and any remaining costs are now included in segment operating results.

Interest expense decreased in 2014 due to a decline in our borrowing rate when we refinanced our debt in the fourth quarter of 2013.

The effective income tax rate was 35% and 114% for the six months ended June 30,2014 and 2013, respectively. The impact of state and local taxes and non-deductible expenses has made our effective rate volatile due to relatively small amounts of pretax income or loss in each of the reporting periods. In addition, our effective income tax rates for 2013 were impacted by tax settlements and changes in our reserve for uncertain tax positions. In 2013, we recognized $2.4 million of previously unrecognized tax benefits upon settlement of tax audits or upon the lapse of the statute of limitations in certain jurisdictions.

F-23

Business Segment Results — As discussed in the Condensed Notes to the Consolidated Financial Statements, our chief operating decision maker evaluates the operating performance of our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Items excluded from segment profit generally result from decisions made in prior periods or from decisions made by corporate executives rather than the managers of the business segments. Depreciation and amortization charges are the result of decisions made in prior periods regarding the allocation of resources and are therefore excluded from the measure. Generally, our corporate executives make financing, tax structure and divestiture decisions. Excluding these items from measurement of our business segment performance enables us to evaluate business segment operating performance based upon current economic conditions and decisions made by the managers of those business segments in the current period.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Information regarding the operating performance of our business segments and a reconciliation of such information to the consolidated financial statements is as follows:

	Three Months Ended June 30,								Six months ended June 30,
(in thousands)	2014			Change		2013			2014			Change		2013
Segment operating revenues:
Television	$	115,794		4.0	%	$	111,393		$	217,936		4.6	%	$	208,259
Newspapers	92,250			(1.3	)%	93,452			190,740			(1.1	)%	192,940
Syndication and other	3,902			29.7	%	3,008			7,064			33.1	%	5,307
Total operating revenues	$	211,946		2.0	%	$	207,853		$	415,740		2.3	%	$	406,506
Segment profit (loss):
Television	$	27,806		(8.9	)%	$	30,532		$	48,778		3.7	%	$	47,024
Newspapers	5,443			(7.5	)%	5,882			13,992			18.4	%	11,819
Syndication and other	(725		)			(446		)	(513		)			32
Shared services and corporate	(14,351		)	19.0	%	(12,056		)	(28,709		)	20.1	%	(23,903		)
Defined benefit pension plan expense	(5,477		)			(2,569		)	(6,855		)			(4,538		)
Acquisition and related integration costs	(4,097		)			—			(4,359		)			—
Separation and restructuring costs	—					(1,425		)	—					(2,401		)
Depreciation and amortization of intangibles	(11,595		)			(11,774		)	(23,324		)			(23,588		)
(Losses) gains, net on disposal of property, plant and equipment	(22		)			42			(90		)			37
Interest expense	(2,043		)			(2,656		)	(4,297		)			(5,269		)
Miscellaneous, net	(400		)			(1,634		)	(845		)			(2,938		)
(Loss) income from operations before income taxes	$	(5,461	)			$	3,896		$	(6,222	)			$	(3,725	)

F-24

Television — Our television segment includes 11 ABC-affiliated stations, three NBC-affiliated stations, and two independent stations that operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Our television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

National television networks offer affiliates a variety of programs and sell the majority of advertising within those programs. In addition to network programs, we broadcast locally produced programs, syndicated programs, sporting events, and other programs of interest in each station's market. News is the primary focus of our locally-produced programming.

The operating performance of our television group is most affected by local and national economic conditions, particularly conditions within the automotive, services and retail categories, and by the volume of advertising time purchased by campaigns for elective office and political issues. The demand for political advertising is significantly higher in the third and fourth quarters of even-numbered years.

Operating results for our television segment were as follows:

	Three Months Ended June 30,						Six months ended June 30,
(in thousands)	2014		Change		2013		2014		Change		2013
Segment operating revenues:
Local	$	63,239	3.4	%	$	61,154	$	118,873	3.5	%	$	114,809
National	28,469		(12.5	)%	32,530		53,841		(9.3	)%	59,392
Political	5,262				775		7,943				1,104
Retransmission	12,700		21.0	%	10,500		25,174		20.2	%	20,942
Digital	4,445		9.6	%	4,055		8,850		13.0	%	7,831
Other	1,679		(29.4	)%	2,379		3,255		(22.1	)%	4,181
Total operating revenues	115,794		4.0	%	111,393		217,936		4.6	%	208,259
Segment costs and expenses:
Employee compensation and benefits	48,320		8.5	%	44,531		93,960		4.8	%	89,699
Programs and program licenses	13,802		4.4	%	13,218		26,770		2.9	%	26,014
Other expenses	25,866		11.9	%	23,112		48,428		6.4	%	45,522
Total costs and expenses	87,988		8.8	%	80,861		169,158		4.9	%	161,235
Segment profit	$	27,806	(8.9	)%	$	30,532	$	48,778	3.7	%	$	47,024

The Company completed its acquisition of the two Granite television stations on June 16, 2014. The inclusion of operating results from these stations for the period subsequent to the acquisition did not alter trends or comparisons to the prior year.

Revenues

Total television revenues increased 4.0% in the second quarter of 2014 and 4.6% in the first six months of 2014 compared to prior year. These increases are primarily driven by increases in local advertising, political advertising and retransmission revenues which were partially offset by weakness in national advertising.

Retransmission revenues increased more than 20% for the 2014 quarter and six months ended June 30, 2014 compared to 2013 due to contractual rate increases in 2014. In 2014, retransmission agreements covering about a third of our subscribers expire at which time we expect to renegotiate them at higher rates. In 2015, we expect our retransmission revenues to grow substantially as a result of the increased rates. Many factors can impact the revenues we will receive from renewals, including competitive conditions, governmental regulations and cable and television industry consolidation.

On February 13, 2014, Comcast and Time Warner Cable announced their agreement to merge. About one-third of our subscribers are customers of Comcast or Time Warner. In addition, Time Warner negotiates on behalf of cable provider Bright House for about 1 million subscribers in Scripps markets. The Scripps/Time Warner retransmission agreement, which covers about 3 million subscribers (including the Bright House subscribers), expires at the end of 2015. The Scripps/Comcast retransmission agreement, which covers approximately 2.5 million subscribers, expires at the end of 2019. Any Time Warner

F-25

cable systems in the Scripps markets ultimately acquired by Comcast in the merger would become subject to the Scripps/Comcast retransmission agreement. The proposed merger would not affect retransmission revenues we expect to receive in 2014 and 2015. In May, details were released by Comcast about the cable systems that it expects to divest to Charter Communications as part of the merger transaction. About 2 million of the proposed divested households are in our markets (Detroit, Indianapolis, Cleveland and Cincinnati) and would fall under our contract with Charter Communications which comes up for renewal at the end of this year. The impact of this depends on when the merger between Comcast and Time Warner is completed, as well as the dollar amount of the rates we negotiate with Charter. The contract for the approximately 1 million Bright House subscribers expires at the end of 2015 and we believe that those subscribers will not be included under our Comcast retransmission agreement.

Digital revenues increased 9.6%, or $0.4 million, in the second quarter of 2014 and 13%, or $1.0 million, for the six months ended June 30, 2014 as we continued our focus on increasing digital advertising revenues with an expanded sales force.

Costs and expenses

Total costs and expenses increased 8.8% in the second quarter of 2014 and 4.9% for the first six months of 2014, primarily driven by higher employee related costs and higher digital costs.

Employee compensation and benefits increased $3.8 million, or 8.5%, in the second quarter of 2014 and $4.3 million, or 4.8%, year-to-date primarily due to annual salary increases. We incurred severance costs primarily as a result of centralizing our master control hub which accounted for $0.8 million in the first half of 2014.

Programs and program licenses increased by 4.4% for the 2014 quarter and 2.9% for the six months ended June 30, 2014, primarily due to increases in fees we pay under our network affiliation agreements, which require us to pay a portion of retransmission revenues above a threshold to the network. The fees paid to the networks increased $1.2 million and $2.4 million for the second quarter of 2014 and six months ended June 30, 2014, respectively, as our retransmission revenues increased. This was partially off-set by a $0.7 million reduction in the second quarter and a $1.6 million reduction year-to-date in costs for syndicated programming as more of our stations replaced syndicated programming with internally produced programming.

Other expenses increased 11.9% for the 2014 quarter and 6.4% for the 2014 year-to-date period compared to prior year. Costs to support digital initiatives in the television segment increased $2.0 million and $3.5 million for the second quarter of 2014 and six months ended June 30, 2014, respectively.

Newspapers — We operate daily and community newspapers in 13 markets across the United States. Our newspapers earn revenue primarily from the sale of advertising to local and national advertisers and newspaper subscription fees. Our newspapers operate in mid-size markets, focusing on news coverage within their local markets. Advertising and subscription revenues provide substantially all of the operating revenues for each newspaper market and employee, newspaper distribution and newsprint costs are the primary expenses at each newspaper. The operating performance of our newspapers is most affected by local and national economic conditions, particularly within the retail, labor, housing and automotive markets, as well as newsprint prices.

F-26

Operating results for our newspaper segment were as follows:

	Three Months Ended June 30,						Six months ended June 30,
(in thousands)	2014		Change		2013		2014		Change		2013
Segment operating revenues:
Local	$	17,866	(3.3	)%	$	18,473	$	37,165	(4.1	)%	$	38,752
Classified	16,777		(2.0	)%	17,118		34,026		(3.6	)%	35,282
National	1,117		(45.2	)%	2,037		2,565		(35.6	)%	3,980
Preprint and other	14,929		(6.5	)%	15,973		30,564		(5.2	)%	32,235
Digital advertising and marketing services	6,308		(9.0	)%	6,933		12,593		(7.4	)%	13,593
Advertising and marketing services	56,997		(5.8	)%	60,534		116,913		(5.6	)%	123,842
Subscriptions	29,699		5.7	%	28,096		61,998		5.9	%	58,567
Other	5,554		15.2	%	4,822		11,829		12.3	%	10,531
Total operating revenues	92,250		(1.3	)%	93,452		190,740		(1.1	)%	192,940
Segment costs and expenses:
Employee compensation and benefits	38,847		(4.4	)%	40,653		78,897		(6.3	)%	84,170
Newsprint, press supplies and other printing costs	11,046		(3.2	)%	11,407		23,084		(5.2	)%	24,351
Distribution	11,638		(2.5	)%	11,941		23,554		(2.7	)%	24,214
Other expenses	25,276		7.2	%	23,569		51,213		5.8	%	48,386
Total costs and expenses	86,807		(0.9	)%	87,570		176,748		(2.4	)%	181,121
Segment profit	$	5,443	(7.5	)%	$	5,882	$	13,992	18.4	%	$	11,819

Revenues

Total newspaper revenues decreased approximately 1% for both the quarter and year-to-date period in 2014 compared to 2013. Advertising and marketing services revenues decreased nearly 6% in 2014 which was partially offset by an increase in subscription revenue from print and digital subscription bundles and targeted price increases. The second quarter of 2014 is the fourth consecutive quarter we saw a rise in subscription revenue over the prior year. As of June 30, 2014, we had approximately 35,000 digital-only subscribers across all of our markets.

Advertising and marketing services declined primarily as a result of continued secular changes in the demand for print advertising. Automotive classified advertising, as well as both local and national advertising, remained particularly weak during the quarter.

Subscriptions include fees paid by readers for access to our content in print and digital formats. We completed the launch of our bundled subscription model in the third quarter of 2013. Under our bundled offerings, subscribers receive access to all of our newspaper content on all platforms and only limited digital content is available to non-subscribers. We also offer digital-only subscriptions. Subscription revenue increased in the second quarter by 5.7% and 5.9% for the first half of 2014 which was driven by the rollout of our bundled subscription model, increases in single-copy prices and digital-only subscriptions. As we head into the second year of our bundled subscription model, we expect to see the increases in subscription revenues moderate.

Other operating revenues, including commercial printing and distribution services, increased by $0.7 million, or 15.2%, for the second quarter of 2014 and $1.3 million, or 12.3%, for the six months ended June 30, 2014.

Costs and expenses

Employee compensation and benefits decreased approximately $1.8 million, or 4.4%, and $5.3 million, or 6.3%, for the 2014 quarter and year-to-date period, respectively, primarily due to lower employment levels compared to prior year. We had approximately 5% fewer newspaper employees in 2014 as compared to 2013.

Newsprint, press supplies and other printing costs declined by 3.2% and 5.2% for the second quarter and the six months ended June 30, 2014, respectively, primarily due to lower expenditures for newsprint. Average newsprint prices decreased nearly 7% and newsprint consumption decreased slightly for the six months ended June 30, 2014.

F-27

Newspaper distribution costs decreased by less than 3% for the 2014 quarter and year-to-date period compared to prior year as a result of lower net paid circulation levels. A large portion of our distribution costs are variable and increase or decrease in relation to our circulation levels.

Other expenses increased by 7.2% for the 2014 quarter and 5.8% for the six months ended June 30, 2014. Costs related to support digital initiatives of our newspaper segment as well as costs to implement systems and process changes increased $3.9 million and $7.6 million for the 2014 quarter and six months ended June 30, 2014, respectively, which was partially offset by decreases in various other operating expenses.

Shared services and corporate

We centrally provide certain services to our business segments. Such services include accounting, tax, cash management, procurement, human resources, employee benefits and information technology. The business segments are allocated costs for such services at amounts agreed upon by management. Such allocated costs may differ from amounts that might be negotiated at arms-length. Costs for such services that are not allocated to the business segments are included in shared services and corporate costs. Shared services and corporate also includes unallocated corporate costs, including costs associated with being a public company.

Shared services and corporate expenses were $14.4 million in the second quarter of 2014 and $12.1 million in the second quarter of 2013. For the six months ended June 30, 2014, shared services and corporate expenses were $28.7 million compared to $23.9 million for the six months ended June 30, 2013. Incremental costs to hire and develop digital-only sales professionals, streamline the digital sales processes, and create digital content that were not allocated to our television and newspaper divisions increased $1.7 million in 2014 compared to prior year. The remainder of the increase in shared services and corporate expenses was driven by costs related to system implementation and process changes, which increased $3.4 million in the first half of 2014 compared to prior year.

Liquidity and Capital Resources

Our primary source of liquidity is our available cash and borrowing capacity under our revolving credit facility.

In connection with the transaction between Scripps and Journal Communications, we will make a $60 million special dividend to our shareholders on the closing date of the transaction. In addition, we expect to incur $25 million to $30 million in costs to complete the transaction through the date of the closing. We expect that our cash, cash from operating activities and available borrowing capacity will be sufficient to meet our operating and capital needs over the next 12 months.

Operating activities

Cash flows from operating activities for the six months endedJune 30 is as follows:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Cash Flows from Operating Activities:
Net (loss) income	$	(4,046	)	$	514
Adjustments to reconcile net (loss) income to net cash flows from operating activities:
Depreciation and amortization	23,324			23,588
Deferred income taxes	(2,489		)	2,041
Stock and deferred compensation plans	4,711			4,757
Pension expense, net of payments	2,182			3,113
Liability for withdrawal from GCIU employer retirement fund	4,100			—
Other changes in certain working capital accounts, net	11,411			(31,044		)
Miscellaneous, net	1,122			1,923
Net cash provided by operating activities	$	40,315		$	4,892

F-28

The $35.4 million increase in cash provided by operating activities was primarily attributable to changes in working capital in 2014 compared to 2013. The primary factors affecting changes in operating activities are described below.

• Collections of accounts receivable increased $15.8 million in 2014 compared to 2013. Collections in the first quarter of an odd year are lower due to the impact of political advertising in the preceding quarter, which is paid in advance.

• The accrual of annual incentive compensation, net of the payment of amounts earned in the prior year, decreased working capital by $10.2 million in 2013.

• The timing of payments for accounts payable increased working capital by $5.5 million in 2014.

• In 2014, we recorded a $4.1 million liability for withdrawing from one of our multi-employer pension plans, which increased working capital.

Investing activities

Cash flows from investing activities for the six months endedJune 30 is as follows:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Cash Flows from Investing Activities:
Acquisitions	$	(145,222	)	$	—
Additions to property, plant and equipment	(8,209		)	(12,169		)
Purchase of investments	(1,203		)	(1,375		)
Change in restricted cash	1,400			1,800
Miscellaneous, net	598			320
Net cash used in investing activities	$	(152,636	)	$	(11,424	)

In 2014 and 2013 we used $152.6 million and $11.4 million, respectively, in cash for investing activities. The primary factors affecting our investing activities for the periods are described below.

• On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash.

• On June 16, 2014, we completed our acquisition of two television stations owned by Granite Broadcasting Corporation for $110 million in cash.

• Capital expenditures decreased $4 million for the six months ended June 30, 2014 compared to prior year primarily due to higher costs in the first half of 2013 to grow our digital operations. We expect total capital expenditures for the remainder of 2014 to be approximately $15 million.

Financing activities

Cash flows from financing activities for the six months endedJune 30 is as follows:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Cash Flows from Financing Activities:
Payments on long-term debt	$	(1,000	)	$	(7,950	)
Repurchase of Class A Common shares	(21,237		)	(34,910		)
Proceeds from employee stock options	8,876			33,675
Tax payments related to shares withheld for RSUs	(3,837		)	(5,970		)
Miscellaneous, net	(234		)	(2,854		)
Net cash used in financing activities	$	(17,432	)	$	(18,009	)

In 2014 and 2013 we used cash for financing activities of $17.4 million and $18.0 million, respectively. The primary items included in our financing activities for the periods are described below.

F-29

We have a $275 million revolving credit and term loan agreement (“Financing Agreement”). The Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018. There were no borrowings under the revolving credit agreements in any of the years.

The Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction. We were in compliance with all financial covenants in our financing agreements at June 30, 2014 and December 31, 2013.

The Financing Agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. As of June 30, 2014, we were not required to make additional principal payments based on excess cash flow.

In November 2012, our board of directors authorized a repurchase program of up to $100 million of our Class A Common shares through December 2014. We repurchased $21.2 million of shares under this authorization in 2014 and $34.9 million of shares in 2013.

In May 2014, our board of directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. Based on the terms of our merger agreement with Journal Communications, we are precluded from repurchasing shares prior to closing the transaction.

In 2014, we received $8.9 million of proceeds from the exercise of employee stock options compared to $33.7 million in 2013. Our employees currently hold options to purchase 2.5 million shares at exercise prices between $6.63 and $11.04 per share.

Other

We have met our funding requirements for our defined benefit pension plans under the provisions of the Pension Funding Equity Act of 2004 and the Pension Protection Act of 2006. We expect to contribute $0.4 million in the remainder of 2014 to our defined benefit pension plans, primarily to fund benefit payments under the Supplemental Executive Retirement Plan.

We expect that our cash, cash from operating activities and available borrowing capacity will be sufficient to meet our operating and capital needs over the next 12 months.

Off-Balance Sheet Arrangements and Contractual Obligations

Off-Balance Sheet Arrangements

There have been no material changes to the off-balance sheet arrangements disclosed in our Annual Report on Form 10-K for the year ended December 31, 2013.

F-30

Quantitative and Qualitative Disclosures About Market Risk

Earnings and cash flow can be affected by, among other things, economic conditions and interest rate changes. We are also exposed to changes in the market value of our investments.

Our objectives in managing interest rate risk are to limit the impact of interest rate changes on our earnings and cash flows and to reduce overall borrowing costs.

The following table presents additional information about market-risk-sensitive financial instruments:

	As of June 30, 2014				As of December 31, 2013
(in thousands)	Cost Basis		Fair Value		Cost Basis		Fair Value
Financial instruments subject to interest rate risk:
Variable rate credit facilities	$	—	$	—	$	—	$	—
Term loan	199,000		199,000		200,000		200,000
Total long-term debt including current portion	$	199,000	$	199,000	$	200,000	$	200,000
Interest rate swap	$	785	$	785	$	723	$	723
Financial instruments subject to market value risk:
Investments held at cost	$	11,713	(a)		$	11,724	(a)
(a) Includes securities that do not trade in public markets so the securities do not have readily determinable fair values. We estimate the fair value of these securities approximates their carrying value. There can be no assurance that we would realize the carrying value upon sale of the securities.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative is based on quoted market prices which reflect the present values of the difference between estimated future variable-rate receipts and future fixed-rate payments. Upon refinancing our term loan B in November 2013, this hedge no longer qualifies as a cash flow hedge.

F-31

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Scripps management is responsible for establishing and maintaining adequate internal controls designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s internal control over financial reporting includes those policies and procedures that:

1. pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

2. provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and the directors of the Company; and

3. provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.

All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error, collusion and the improper overriding of controls by management. Accordingly, even effective internal control can only provide reasonable but not absolute assurance with respect to financial statement preparation. Further, because of changes in conditions, the effectiveness of internal control may vary over time.

The effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934) was evaluated as of the date of the financial statements. This evaluation was carried out under the supervision of and with the participation of management, including the Chief Executive Officer and the Chief Financial Officer. Based upon that evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that the design and operation of these disclosure controls and procedures are effective. There were no changes to the Company's internal controls over financial reporting (as defined in Exchange Act Rule 13a-15(f)) during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.

F-32

The E. W. Scripps Company

Index to Exhibits

Exhibit Number	Exhibit Description
31(A)	Section 302 Certifications
31(B)	Section 302 Certifications
32(A)	Section 906 Certifications
32(B)	Section 906 Certifications
101.INS	XBRL Instance Document (furnished herewith)
101.SCH	XBRL Taxonomy Extension Schema Document (furnished herewith)
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document (furnished herewith)
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document (furnished herewith)
101.LAB	XBRL Taxonomy Extension Label Linkbase Document (furnished herewith)
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document (furnished herewith)

E-1

EX-31.A

Exhibit 31(a)

Section 302 Certifications

Certifications

I, Richard A. Boehne, certify that:

1. I have reviewed this report on Form 10-Q of The E. W. Scripps Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 8, 2014

BY: /s/ Richard A. Boehne

Richard A. Boehne

President and Chief Executive Officer

EX-31.B

Exhibit 31(b)

Section 302 Certifications

Certifications

I, Timothy M. Wesolowski, certify that:

1. I have reviewed this report on Form 10-Q of The E. W. Scripps Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 8, 2014

BY: /s/ Timothy M. Wesolowski

Timothy M. Wesolowski

Senior Vice President and Chief Financial Officer  

EX-32.A

Exhibit 32(a)

Section 906 Certifications

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act Of 2002

I, Richard A. Boehne, President and Chief Executive Officer of The E. W. Scripps Company (the “Company”), hereby certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Quarterly Report on Form 10-Q of the Company for the year ended June 30, 2014 (the “Report”), which this certification accompanies, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Richard A. Boehne

Richard A. Boehne

President and Chief Executive Officer

August 8, 2014

EX-32.B

Exhibit 32(b)

Section 906 Certifications

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act Of 2002

I, Timothy M. Wesolowski, Senior Vice President and Chief Financial Officer of The E. W. Scripps Company (the “Company”), hereby certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Quarterly Report on Form 10-Q of the Company for the year ended June 30, 2014 (the “Report”), which this certification accompanies, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Timothy M. Wesolowski

Timothy M. Wesolowski

Senior Vice President and Chief Financial Officer

August 8, 2014

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Information regarding business segments

Information regarding our business segments is as follows:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Segment operating revenues:
Television	$	115,794		$	111,393		$	217,936		$	208,259
Newspapers	92,250			93,452			190,740			192,940
Syndication and other	3,902			3,008			7,064			5,307
Total operating revenues	$	211,946		$	207,853		$	415,740		$	406,506
Segment profit (loss):
Television	$	27,806		$	30,532		$	48,778		$	47,024
Newspapers	5,443			5,882			13,992			11,819
Syndication and other	(725		)	(446		)	(513		)	32
Shared services and corporate	(14,351		)	(12,056		)	(28,709		)	(23,903		)
Defined benefit pension plan expense	(5,477		)	(2,569		)	(6,855		)	(4,538		)
Acquisition and related integration costs	(4,097		)	—			(4,359		)	—
Separation and restructuring costs	—			(1,425		)	—			(2,401		)
Depreciation and amortization of intangibles	(11,595		)	(11,774		)	(23,324		)	(23,588		)
(Losses) gains, net on disposal of property, plant and equipment	(22		)	42			(90		)	37
Interest expense	(2,043		)	(2,656		)	(4,297		)	(5,269		)
Miscellaneous, net	(400		)	(1,634		)	(845		)	(2,938		)
(Loss) income from operations before income taxes	$	(5,461	)	$	3,896		$	(6,222	)	$	(3,725	)
Depreciation:
Television	$	5,028		$	5,616		$	10,139		$	11,207
Newspapers	3,925			4,004			7,912			8,117
Syndication and other	102			19			200			38
Shared services and corporate	643			396			1,255			775
Total depreciation	$	9,698		$	10,035		$	19,506		$	20,137
Amortization of intangibles:
Television	$	1,600		$	1,602		$	3,199		$	3,179
Newspapers	93			137			211			272
Syndication and other	204			—			408			—
Total amortization of intangibles	$	1,897		$	1,739		$	3,818		$	3,451
Additions to property, plant and equipment:
Television	$	4,708		$	3,269		$	6,440		$	5,156
Newspapers	694			572			913			1,461
Syndication and other	102			—			130			—
Shared services and corporate	121			3,349			726			5,552
Total additions to property, plant and equipment	$	5,625		$	7,190		$	8,209		$	12,169

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Long-Term Debt - Narrative (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Mar. 31, 2013
Long-Term Debt (Textual) [Abstract]
Current portion of long-term debt	$ 2,000,000	$ 2,000,000
Long-term debt (less current portion)	197,000,000	198,000,000
Scheduled principal payments on long-term debt in 2014	1,000,000
Scheduled principal payments on long-term debt in 2015	2,000,000
Scheduled principal payments on long-term debt in 2016	2,000,000
Scheduled principal payments on long-term debt in 2017	2,000,000
Scheduled principal payments on long-term debt in 2018	2,000,000
Scheduled principal payments on long-term debt in 2019	2,000,000
Scheduled principal payments on long-term debt in later years	188,000,000
Letters of credit outstanding amount	200,000	200,000
Minimum
Long-Term Debt (Textual) [Abstract]
Percentage of commitment fees of total unused commitment under revolving credit facility	0.30%
Maximum
Long-Term Debt (Textual) [Abstract]
Percentage of commitment fees of total unused commitment under revolving credit facility	0.50%
Financing Agreement
Long-Term Debt (Textual) [Abstract]
Revolving credit and term loan agreement to finance acquisition	275,000,000
Restricted payment for dividend and share repurchase, maximum	50,000,000
Ratio of Indebtedness to Net Capital	4.5
Financing Agreement | Term loan
Long-Term Debt (Textual) [Abstract]
Revolving credit and term loan agreement to finance acquisition	200,000,000
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	3.25%	3.25%
LIBOR plus margin range	2.50%
Weighted average interest rate	3.25%		3.70%
Financing Agreement | Term loan | Minimum
Long-Term Debt (Textual) [Abstract]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	0.75%
Financing Agreement | Revolving Credit Facility
Long-Term Debt (Textual) [Abstract]
Revolving credit and term loan agreement to finance acquisition	$ 75,000,000
Financing Agreement | Revolving Credit Facility | Minimum
Long-Term Debt (Textual) [Abstract]
Line of Credit Facility, Amount Outstanding, Trigger Leverage Ratio, Percentage	20.00%
LIBOR plus margin range	2.25%
Financing Agreement | Revolving Credit Facility | Maximum
Long-Term Debt (Textual) [Abstract]
LIBOR plus margin range	2.75%

XML

Other Charges and Credits - Narrative (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014 television_station	Jun. 30, 2013
Asset Write-Downs and Other Charges and Credits [Abstract]
Acquisition and related integration costs	$ 4,097	$ 0	$ 4,359	$ 0
Number of television stations acquired			2
Restructuring charges	$ 0	$ 1,425	$ 0	$ 2,401

XML

Subsequent Events (Details) (Subsequent event, USD $)	Jul. 30, 2014 newspaper
Newspaper operations | Parent company
Subsequent Event [Line Items]
Number of newspapers	13
Journal Communications, Inc.
Subsequent Event [Line Items]
Special cash dividend	$ 60,000,000
Journal Communications, Inc. | Television operations
Subsequent Event [Line Items]
Television operations, percentage of U.S. households reached	18.00%
Approximate number of employees	4,000
Journal Communications, Inc. | Newspaper operations
Subsequent Event [Line Items]
Approximate number of employees	3,600

XML

Financial Instruments - Narrative (Details) (Interest rate swaps, USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Interest rate swaps
Derivatives, Fair Value [Line Items]
Notional Amount	$ 75,000,000	$ 75,000,000
Fixed LIBOR interest rate	1.08%
Derivative instrument, amortized into earnings from AOCI	$ 200,000

XML

Acquisitions - Pro Forma Disclosures (Details) (Detroit MyNetworkTV affiliate and Buffalo ABC affiliate, USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Detroit MyNetworkTV affiliate and Buffalo ABC affiliate
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business Acquisition, Pro Forma Revenue	$ 218,821	$ 216,031	$ 429,979	$ 422,061
Business Acquisition, Pro Forma Net Income (Loss)	$ (2,703)	$ 4,436	$ (2,614)	$ 2,545
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ (0.05)	$ 0.08	$ (0.05)	$ 0.04
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ (0.05)	$ 0.07	$ (0.05)	$ 0.04

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Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Components of Long-term debt

Long-term debt consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Variable rate credit facility	$	—	$	—
Term loan	199,000		200,000
Long-term debt	199,000		200,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	197,000	$	198,000
Fair value of long-term debt *	$	199,000	$	200,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

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Financial Instruments - Effective Portion of Unrealized Gain and Loss (Details) (Interest rate swaps, USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Interest rate swaps
Derivatives designated as cash flow hedges:
Effective portion recognized in accumulated OCL, gain/(loss)	$ 0	$ 817	$ 0	$ 745
Amounts reclassified from accumulated OCL, gain/(loss)	96	167	192	333
Derivative, Gain (Loss) on Derivative, Net	(111)		(62)
Gain/(loss) on derivative		$ 0		$ 0

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Spin-Off of Scripps Networks Interactive, Inc

6 Months Ended

Jun. 30, 2014

Spin Off of Company [Abstract]

Spin-off of Scripps Networks Interactive, Inc.

On July 1, 2008, we distributed all of the shares of Scripps Networks Interactive, Inc. (“SNI”) to shareholders of record as of the close of business on June 16, 2008. SNI owned and operated our national lifestyle cable television networks and interactive media businesses.

In connection with the separation we entered into several agreements, including a Tax Allocation Agreement. This agreement sets forth the allocations between us and SNI with regards to liabilities for federal, state and local taxes for periods prior to the separation.

Under the terms of the Tax Allocation Agreement, we receive any tax deductions for share-based compensation awards held by our employees in SNI. Tax deductions for the six months ended June 30,2014 and 2013 resulting from the exercise of those awards totaled approximately $6.6 million and $8.9 million, respectively. These benefits are recorded as additional paid-in capital at the time they are realized. At June 30, 2014, our employees held options on approximately 0.2 million SNI shares which expire through 2015.

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Goodwill and Other Intangible Assets - Goodwill by business segment (Details) (USD $) In Thousands, unless otherwise specified			6 Months Ended		6 Months Ended				6 Months Ended				6 Months Ended				6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 Media Convergence Group (Newsy)	Jan. 02, 2014 Media Convergence Group (Newsy)	Jun. 30, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate	Jun. 16, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate	Jun. 30, 2014 Television	Dec. 31, 2013 Television	Jun. 30, 2014 Television Media Convergence Group (Newsy)	Jun. 30, 2014 Television Detroit MyNetworkTV affiliate and Buffalo ABC affiliate	Jun. 30, 2014 Newspapers	Dec. 31, 2013 Newspapers	Jun. 30, 2014 Newspapers Media Convergence Group (Newsy)	Jun. 30, 2014 Newspapers Detroit MyNetworkTV affiliate and Buffalo ABC affiliate	Jun. 30, 2014 Syndication and other	Dec. 31, 2013 Syndication and other	Jun. 30, 2014 Syndication and other Media Convergence Group (Newsy)	Jun. 30, 2014 Syndication and other Detroit MyNetworkTV affiliate and Buffalo ABC affiliate
Summary of activity related to goodwill by business segment
Gross balance	$ 1,099,885	$ 1,022,280					$ 292,047	$ 243,380			$ 778,900	$ 778,900			$ 28,938	$ 0
Accumulated impairment losses	(994,314)	(994,314)					(215,414)	(215,414)			(778,900)	(778,900)			0	0
Goodwill	105,571	27,966		28,938		48,667	76,633	27,966			0	0			28,938	0
Goodwill, Acquired During Period			$ 28,938		$ 48,667				$ 0	$ 48,667			$ 0	$ 0			$ 28,938	$ 0

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Summary of Significant Accounting Policies - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accounting Policies [Abstract]
Share-based compensation costs	$ 1.4	$ 0.5	$ 4.7	$ 3.9

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Supplemental Cash Flow Information (Tables)

6 Months Ended

Jun. 30, 2014

Supplemental Cash Flow Elements [Abstract]

Change in certain working capital accounts

The following table presents additional information about the change in certain working capital accounts:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	11,411		$	(4,420	)
Income taxes receivable/payable, net	(235		)	(3,167		)
Accounts payable	(1,084		)	(6,538		)
Accrued employee compensation and benefits	611			(12,487		)
Other accrued liabilities	2,596			467
Other, net	(1,888		)	(4,899		)
Total	$	11,411		$	(31,044	)

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Goodwill and Other Intangible Assets - Narrative (Details) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Estimated amortization expense of intangible assets for the remainder of 2014	$ 5.2
Estimated amortization expense of intangible assets for 2015	10.1
Estimated amortization expense of intangible assets for 2016	10.1
Estimated amortization expense of intangible assets for 2017	7.6
Estimated amortization expense of intangible assets for 2018	7.6
Estimated amortization expense of intangible assets for 2019	6.6
Estimated amortization expense of intangible assets for later years	$ 62.7

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Capital Stock - Narrative (Details) (USD $)	6 Months Ended								1 Months Ended	6 Months Ended	0 Months Ended	6 Months Ended
	Jun. 30, 2014 common_share director	Jun. 30, 2013	Jun. 30, 2014 Minimum	Jun. 30, 2013 Minimum	Jun. 30, 2014 Maximum	Jun. 30, 2013 Maximum	Jun. 30, 2014 Common stock, Class A	Jun. 30, 2013 Common stock, Class A	Nov. 30, 2012 First Repurchase Plan Common stock, Class A	Jun. 30, 2014 First Repurchase Plan Common stock, Class A	May 06, 2014 Second Repurchase Plan Common stock, Class A	Jun. 30, 2014 Second Repurchase Plan Common stock, Class A
Class of Stock [Line Items]
Classes of common shares	2
Minimum number of directors up for election to entitle shareholders to vote	3
Minumum percent of directors up for election to entitle shareholders to vote	33.33%
Stock repurchase program, authorized amount									$ 100,000,000		$ 100,000,000
Stock repurchased during period, value	21,237,000	34,910,000					21,200,000	34,900,000				0
Range of price of shares repurchased (USD per share)			$ 16.35	$ 10.83	$ 19.99	$ 15.49
Stock Repurchase Program, Remaining Authorized Repurchase Amount										$ 5,000,000

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Supplemental Cash Flow Information - Change in Certain Working Capital Accounts (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Other changes in certain working capital accounts, net
Accounts and notes receivable	$ 11,411	$ (4,420)
Income taxes receivable/payable, net	(235)	(3,167)
Accounts payable	(1,084)	(6,538)
Accrued employee compensation and benefits	611	(12,487)
Other accrued liabilities	2,596	467
Other, net	(1,888)	(4,899)
Total	$ 11,411	$ (31,044)

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Income Taxes - Narrative (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Effective income tax rate	35.00%	114.00%
U.S. Federal statutory rate	35.00%	35.00%
Previously unrecognized tax benefits		$ 2.4
Deferred tax assets	27.6
Unrecognized deductions for share based compensation awards	$ 25	$ 26

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Condensed Consolidated Statements of Equity (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Statement of Stockholders' Equity [Abstract]
Repurchase of Class A Common shares	1,181,560	2,684,876
Adjustments Related to Tax Withholding for Share-based Compensation	$ 3,837	$ 5,970
Shares issued on compensation plans	1,352,813	4,248,638

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Employee Benefit Plans - Components of Expense (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	$ 8,638	$ 5,587	$ 13,295	$ 11,055
Defined benefit plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	22	17	43	34
Interest cost	6,277	5,975	12,555	11,951
Expected return on plan assets, net of expenses	(5,859)	(5,371)	(11,718)	(10,742)
Amortization of actuarial loss	641	1,061	1,283	2,122
Total for defined benefit plans	1,081	1,682	2,163	3,365
Multi-employer plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	105	111	224	231
Withdrawal from GCIU multi-employer plan
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	4,100	0	4,100	0
SERP
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	296	887	592	1,173
Defined contribution plans
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Net periodic benefit cost	$ 3,056	$ 2,907	$ 6,216	$ 6,286

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Summary of Significant Accounting Policies - Earnings Per Share (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Numerator (for basic and diluted earnings per share)
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$ (3,235)		$ 3,185		$ (3,847)		$ 514
Less income allocated to RSUs	0		(89)		0		(16)
Numerator for basic and diluted earnings per share	$ (3,235)		$ 3,096		$ (3,847)		$ 498
Denominator
Basic weighted-average shares outstanding	56,043		57,448		56,063		56,894
Effect of dilutive securities:
Stock options held by employees and directors	0		1,299		0		1,172
Diluted weighted-average shares outstanding	56,043		58,747		56,063		58,066
Anti-dilutive securities	3,746	[1]	0	[1]	3,746	[1]	0	[1]

[1] (1) Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2013 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the Internet, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2013 Annual Report on Form 10-K.

Share-Based Compensation

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2013. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.4 million and $0.5 million for the second quarter of 2014 and 2013, respectively.

Earnings Per Share (EPS)

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

Derivative Financial Instruments

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

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Subsequent Events (Notes)

6 Months Ended

Jun. 30, 2014

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

On July 30, 2014, Scripps and Journal Communications ("Journal"), Inc. agreed to merge their broadcast operations and spin off their newspaper businesses into a separate publicly traded company (the “Transaction”).

The merged broadcast and digital media company, based in Cincinnati, will retain The E.W. Scripps Company name and continue to be controlled by the Scripps family. The company’s television operations will reach approximately 18% of all U.S. households and have approximately 4,000 employees across its television, radio and digital media operations.

The newspaper company will be named Journal Media Group, combining the 13 Scripps newspapers with Journal's Milwaukee Journal Sentinel. The company will have approximately 3,600 employees and will be headquartered in Milwaukee.

The board of directors of both companies have approved the Transaction, which is subject to customary regulatory and shareholder approvals. As part of the Transaction, Scripps shareholders will receive a $60 million special cash dividend. Based on the terms of the merger agreement, we are precluded from repurchasing shares prior to closing the transaction. The Transaction is expected to close in 2015.

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Financial Instruments - Notional Amounts (Details) (Interest rate swaps, USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Interest rate swaps
Derivatives designated as cash flow hedges:
Derivative, Notional Amount	$ 75,000		$ 75,000
Interest Rate Derivative Assets, at Fair Value	0		0
Interest Rate Derivative Liabilities, at Fair Value	$ 785	[1]	$ 723	[1]

[1] (1) Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

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Acquisitions - Narrative (Details) (USD $)	6 Months Ended			0 Months Ended		0 Months Ended				0 Months Ended
	Jun. 30, 2014 television_station	Jan. 02, 2014	Dec. 31, 2013	Jan. 02, 2014 Customer relationships	Jan. 02, 2014 Other intangible assets	Jan. 02, 2014 Media Convergence Group (Newsy)	Jun. 16, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate television_station	Jun. 16, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate Retransmission agreements, television network affiliate relationships and advertiser relationships	Jun. 16, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate FCC licenses	Jun. 16, 2014 Minimum Detroit MyNetworkTV affiliate and Buffalo ABC affiliate Retransmission agreements, television network affiliate relationships and advertiser relationships	Jun. 16, 2014 Maximum Detroit MyNetworkTV affiliate and Buffalo ABC affiliate Retransmission agreements, television network affiliate relationships and advertiser relationships
Acquisitions (Textual) [Abstract]
Number of stations acquired	2						2
Acquisition cost in cash						$ 35,000,000	$ 110,000,000
Intangible assets		5,900,000		4,100,000	1,800,000	5,900,000	49,200,000	28,000,000	21,000,000
Intangible asset, estimated amortization period				5 years						10 years	20 years
Goodwill	105,571,000		27,966,000			28,938,000	48,667,000
Working capital adjustment						$ 200,000

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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Components of basic and diluted weighted-average shares

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Numerator (for basic and diluted earnings per share)
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(3,235	)	$	3,185		$	(3,847	)	$	514
Less income allocated to RSUs	—			(89		)	—			(16		)
Numerator for basic and diluted earnings per share	$	(3,235	)	$	3,096		$	(3,847	)	$	498
Denominator
Basic weighted-average shares outstanding	56,043			57,448			56,063			56,894
Effect of dilutive securities:
Stock options held by employees and directors	—			1,299			—			1,172
Diluted weighted-average shares outstanding	56,043			58,747			56,063			58,066
Anti-dilutive securities (1)	3,746			—			3,746			—

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

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Acquisitions (Tables)

6 Months Ended

Jun. 30, 2014

Business Combination, Separately Recognized Transactions [Line Items]

Pro forma results of operations

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period.

	Three Months Ended   June 30,					Six Months Ended   June 30,
(in thousands, except per share data) (unaudited)	2014			2013		2014			2013
Operating revenues	$	218,821		$	216,031	$	429,979		$	422,061
(Loss) income from operations attributable to the shareholders of The E.W. Scripps Company	(2,703		)	4,436		(2,614		)	2,545
(Loss) income per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	(0.05		)	0.08		(0.05		)	0.04
Diluted	(0.05		)	0.07		(0.05		)	0.04

Detroit MyNetworkTV affiliate and Buffalo ABC affiliate

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired as of June 16, 2014:

(in thousands)
Assets:
Property, plant and equipment	$	12,133
Intangible assets	49,200
Goodwill	48,667
Net purchase price	$	110,000

Media Convergence Group (Newsy)

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired and the liabilities assumed as of January 1, 2014:

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,938
Total assets acquired	36,183
Current liabilities	116
Long-term deferred liability	845
Net purchase price	$	35,222

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Condensed Consolidated Statements of Equity (USD $)		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Balance at Dec. 31, 2012		$ 539,910,000	$ 555,000	$ 517,688,000	$ 136,293,000	$ (116,840,000)	$ 2,214,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		514,000			514,000
Net loss attributable to noncontrolling interests		0
Net loss, continuing operations		514,000
Changes in defined benefit pension plans		1,956,000				1,956,000
Changes in fair value of derivative		671,000				671,000
Compensation plans: 4,248,638 net shares issued in 2013 and 1,352,813 in 2014	[1]	31,802,000	43,000	31,759,000
Repurchase 2,684,876 Class A Common shares in 2013 and 1,181,560 Class A Common shares in 2014		(34,910,000)	(27,000)	(29,251,000)	(5,632,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2013		539,943,000	571,000	520,196,000	131,175,000	(114,213,000)	2,214,000
Balance at Dec. 31, 2013		547,737,000	560,000	509,243,000	116,893,000	(80,923,000)	1,964,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income		(3,847,000)			(3,847,000)
Net loss attributable to noncontrolling interests		(199,000)					(199,000)
Net loss, continuing operations		(4,046,000)
Changes in defined benefit pension plans		888,000				888,000
Changes in fair value of derivative		118,000				118,000
Compensation plans: 4,248,638 net shares issued in 2013 and 1,352,813 in 2014	[1]	9,943,000	14,000	9,929,000
Repurchase 2,684,876 Class A Common shares in 2013 and 1,181,560 Class A Common shares in 2014		(21,237,000)	(12,000)	(12,496,000)	(8,729,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2014		$ 533,403,000	$ 562,000	$ 506,676,000	$ 104,317,000	$ (79,917,000)	$ 1,765,000

[1] * Net of tax payments related to shares withheld for vested stock and RSUs of $3,837 in 2014 and $5,970 in 2013.

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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by business segment

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2013	$	243,380		$	778,900		$	—	$	1,022,280
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2013	27,966			—			—		27,966
2014 Newsy acquisition	—			—			28,938		28,938
2014 Acquired Granite Stations	48,667			—			—		48,667
Balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571
Gross balance as of June 30, 2014	$	292,047		$	778,900		$	28,938	$	1,099,885
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571

Summary of other intangible assets

Other intangible assets consisted of the following:

(in thousands)	As of   June 30,   2014			As of   December 31,   2013
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	87,944		$	78,844
Customer lists and advertiser relationships	30,404			22,304
Retransmission agreements	14,700			—
Other	5,361			3,561
Total carrying amount	138,409			104,709
Accumulated amortization:
Television network affiliation relationships	(11,666		)	(9,691		)
Customer lists and advertiser relationships	(14,770		)	(13,138		)
Retransmission agreements	—			—
Other	(2,045		)	(1,833		)
Total accumulated amortization	(28,481		)	(24,662		)
Net amortizable intangible assets	109,928			80,047
Other indefinite-lived intangible assets — FCC licenses	79,215			57,815
Total other intangible assets	$	189,143		$	137,862

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Capital Stock (Tables)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Schedule of options outstanding and exercisable

Information about options outstanding and options exercisable by year of grant as of June 30, 2014 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2004 – expire in 2014	$10-11	0.37	9,185	$	10.05	$	0.1
2005 – expire in 2015	10-11	0.79	43,188	10.90		0.4
2006 – expire in 2016	10-11	1.93	49,966	10.05		0.6
2007 – expire in 2015	9-10	0.66	565,970	10.31		6.1
2008 – expire in 2016	7-10	1.74	1,787,186	8.76		22.2
Total	$7-11	1.47	2,455,495	$	9.19	$	29.4

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Long-Term Debt - Components of Long-Term Debt (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Components of Long-term debt
Long-term debt	$ 199,000		$ 200,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	197,000		198,000
Fair value of long-term debt	199,000	[1]	200,000
Variable rate credit facility
Components of Long-term debt
Long-term debt	0		0
Term loan
Components of Long-term debt
Long-term debt	$ 199,000		$ 200,000

[1] * Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

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Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 91,502	$ 221,255
Restricted cash	6,810	8,210
Accounts and notes receivable (less allowances - $1,816 and $2,027)	128,932	139,703
Inventory	6,346	6,543
Deferred income taxes	17,861	17,861
Income taxes receivable	671	436
Miscellaneous	8,142	8,046
Total current assets	260,264	402,054
Investments	16,382	16,567
Property, plant and equipment	355,125	353,797
Goodwill	105,571	27,966
Other intangible assets	189,143	137,862
Deferred income taxes	9,743	8,733
Miscellaneous	18,629	19,151
Total Assets	954,857	966,130
Current liabilities:
Accounts payable	15,556	16,529
Customer deposits and unearned revenue	27,391	28,633
Current portion of long-term debt	2,000	2,000
Accrued liabilities:
Employee compensation and benefits	27,602	26,986
Miscellaneous	31,863	28,930
Other current liabilities	9,965	10,043
Total current liabilities	114,377	113,121
Long-term debt (less current portion)	197,000	198,000
Other liabilities (less current portion)	110,077	107,272
Equity:
Preferred stock, $.01 par — authorized: 25,000,000 shares; none outstanding	0	0
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 44,265,754 and 44,094,501 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	562	560
Additional paid-in capital	506,676	509,243
Retained earnings	104,317	116,893
Accumulated other comprehensive loss, net of income taxes:
Unrealized loss on derivatives	(600)	(718)
Pension liability adjustments	(79,317)	(80,205)
Total The E.W. Scripps Company shareholders’ equity	531,638	545,773
Noncontrolling interest	1,765	1,964
Total equity	533,403	547,737
Total Liabilities and Equity	954,857	966,130
Common stock, Class A
Equity:
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 44,265,754 and 44,094,501 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	443	441
Voting common stock
Equity:
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 44,265,754 and 44,094,501 shares; Voting - authorized: 60,000,000 shares; issued and outstanding; 11,932,722 and 11,932,722 shares	$ 119	$ 119

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Acquisitions - Fair Value of Assets Acquired and Liabilities Assumed (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Jan. 02, 2014	Dec. 31, 2013	Jun. 16, 2014 Detroit MyNetworkTV affiliate and Buffalo ABC affiliate	Jan. 02, 2014 Media Convergence Group (Newsy)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Accounts receivable					$ 640
Other assets					74
Property, plant, equipment and software				12,133	631
Intangible assets		5,900		49,200	5,900
Goodwill	105,571		27,966	48,667	28,938
Total assets acquired					36,183
Current liabilities					116
Long-term deferred liability					845
Net purchase price				$ 110,000	$ 35,222

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Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Changes in fair value of derivatives, tax amount	$ 37	$ 371	$ 74	$ 406
Changes in defined benefit pension plans, tax amount	$ 280	$ 1,001	$ 560	$ 1,299

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Other Liabilities - Additional Information (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Other liabilities
Employee compensation and benefits	$ 19,257	$ 19,756
Liability for pension benefits	62,836	62,020
Liabilities for uncertain tax positions	10,983	10,670
Other	17,001	14,826
Other liabilities (less current portion)	$ 110,077	$ 107,272

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Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Assets and liabilities that are measured at fair value on a recurring basis

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at June 30, 2014 and December 31, 2013:

	As of June 30, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(785		)	—		(785		)	—

	As of December 31, 2013
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	30,000		$	30,000	$	—		$	—
Interest rate swap	(723		)	—		(723		)	—

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Segment Information - Schedule of Business Segments (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Information regarding business segments
Total operating revenues	$ 211,946	$ 207,853	$ 415,740	$ 406,506
Defined benefit pension plan expense	(5,477)	(2,569)	(6,855)	(4,538)
Acquisition and related integration costs	(4,097)	0	(4,359)	0
Separation and restructuring costs	0	(1,425)	0	(2,401)
Depreciation and amortization of intangibles	(11,595)	(11,774)	(23,324)	(23,588)
(Losses) gains, net on disposal of property, plant and equipment	(22)	42	(90)	37
Interest expense	(2,043)	(2,656)	(4,297)	(5,269)
Miscellaneous, net	(400)	(1,634)	(845)	(2,938)
(Loss) income from operations before income taxes	(5,461)	3,896	(6,222)	(3,725)
Depreciation:
Total depreciation	9,698	10,035	19,506	20,137
Amortization of intangibles:
Syndication and other	1,897	1,739	3,818	3,451
Additions to property, plant and equipment:
Total additions to property, plant and equipment	5,625	7,190	8,209	12,169
Television
Information regarding business segments
Total operating revenues	115,794	111,393	217,936	208,259
Segment profit (loss)	27,806	30,532	48,778	47,024
Depreciation:
Total depreciation	5,028	5,616	10,139	11,207
Amortization of intangibles:
Syndication and other	1,600	1,602	3,199	3,179
Additions to property, plant and equipment:
Total additions to property, plant and equipment	4,708	3,269	6,440	5,156
Newspapers
Information regarding business segments
Total operating revenues	92,250	93,452	190,740	192,940
Segment profit (loss)	5,443	5,882	13,992	11,819
Depreciation:
Total depreciation	3,925	4,004	7,912	8,117
Amortization of intangibles:
Syndication and other	93	137	211	272
Additions to property, plant and equipment:
Total additions to property, plant and equipment	694	572	913	1,461
Syndication and other
Information regarding business segments
Total operating revenues	3,902	3,008	7,064	5,307
Segment profit (loss)	(725)	(446)	(513)	32
Depreciation:
Total depreciation	102	19	200	38
Amortization of intangibles:
Syndication and other	204	0	408	0
Additions to property, plant and equipment:
Total additions to property, plant and equipment	102	0	130	0
Shared services and corporate
Information regarding business segments
Segment profit (loss)	(14,351)	(12,056)	(28,709)	(23,903)
Depreciation:
Total depreciation	643	396	1,255	775
Additions to property, plant and equipment:
Total additions to property, plant and equipment	$ 121	$ 3,349	$ 726	$ 5,552

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Supplemental Cash Flow Information

6 Months Ended

Jun. 30, 2014

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

The following table presents additional information about the change in certain working capital accounts:

	Six Months Ended   June 30,
(in thousands)	2014			2013
Other changes in certain working capital accounts, net
Accounts and notes receivable	$	11,411		$	(4,420	)
Income taxes receivable/payable, net	(235		)	(3,167		)
Accounts payable	(1,084		)	(6,538		)
Accrued employee compensation and benefits	611			(12,487		)
Other accrued liabilities	2,596			467
Other, net	(1,888		)	(4,899		)
Total	$	11,411		$	(31,044	)

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Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2014

Other Liabilities Disclosure [Abstract]

Other liabilities

Other liabilities consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Employee compensation and benefits	$	19,257	$	19,756
Liability for pension benefits	62,836		62,020
Liabilities for uncertain tax positions	10,983		10,670
Other	17,001		14,826
Other liabilities (less current portion)	$	110,077	$	107,272

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Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

We determine our business segments based upon our management and internal reporting structure. Our reportable segments are strategic businesses that offer different products and services.

Our television segment includes 11 ABC affiliates, three NBC affiliates, and two independent stations that operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.

Our newspaper segment includes daily and community newspapers in 13 markets across the United States. Newspapers earn revenue primarily from the sale of advertising space to local and national advertisers and newspaper subscription fees.

Syndication and other primarily includes certain digital operations outside of our television and newspaper markets and syndication of news features and comics and other features for the newspaper industry. Newsy, a digital video news service, is also included in syndication and other.

We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.

Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.

Information regarding our business segments is as follows:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Segment operating revenues:
Television	$	115,794		$	111,393		$	217,936		$	208,259
Newspapers	92,250			93,452			190,740			192,940
Syndication and other	3,902			3,008			7,064			5,307
Total operating revenues	$	211,946		$	207,853		$	415,740		$	406,506
Segment profit (loss):
Television	$	27,806		$	30,532		$	48,778		$	47,024
Newspapers	5,443			5,882			13,992			11,819
Syndication and other	(725		)	(446		)	(513		)	32
Shared services and corporate	(14,351		)	(12,056		)	(28,709		)	(23,903		)
Defined benefit pension plan expense	(5,477		)	(2,569		)	(6,855		)	(4,538		)
Acquisition and related integration costs	(4,097		)	—			(4,359		)	—
Separation and restructuring costs	—			(1,425		)	—			(2,401		)
Depreciation and amortization of intangibles	(11,595		)	(11,774		)	(23,324		)	(23,588		)
(Losses) gains, net on disposal of property, plant and equipment	(22		)	42			(90		)	37
Interest expense	(2,043		)	(2,656		)	(4,297		)	(5,269		)
Miscellaneous, net	(400		)	(1,634		)	(845		)	(2,938		)
(Loss) income from operations before income taxes	$	(5,461	)	$	3,896		$	(6,222	)	$	(3,725	)
Depreciation:
Television	$	5,028		$	5,616		$	10,139		$	11,207
Newspapers	3,925			4,004			7,912			8,117
Syndication and other	102			19			200			38
Shared services and corporate	643			396			1,255			775
Total depreciation	$	9,698		$	10,035		$	19,506		$	20,137
Amortization of intangibles:
Television	$	1,600		$	1,602		$	3,199		$	3,179
Newspapers	93			137			211			272
Syndication and other	204			—			408			—
Total amortization of intangibles	$	1,897		$	1,739		$	3,818		$	3,451
Additions to property, plant and equipment:
Television	$	4,708		$	3,269		$	6,440		$	5,156
Newspapers	694			572			913			1,461
Syndication and other	102			—			130			—
Shared services and corporate	121			3,349			726			5,552
Total additions to property, plant and equipment	$	5,625		$	7,190		$	8,209		$	12,169

No single customer provides more than 10% of our revenue.

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Capital Stock - Options outstanding and exercisable (Details) (USD $) In Millions, except Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2014
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 7
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 11
Options Granted, Range One [Member]
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 10
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 11
2004 – expire in 2014
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 10
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 11
2005 – expire in 2015
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 10
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 11
2006 – expire in 2016
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 9
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 10
2007 – expire in 2015
Information about options outstanding and options exercisable by year of grant
Range of Exercise Prices, Lower Range Limit (USD per share)	$ 7
Range of Exercise Prices, Upper Range Limit (USD per share)	$ 10
Stock Options
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	1 year 5 months 18 days
Options on Shares Outstanding	2,455,495
Options on Shares Exercisable	2,455,495
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 9.19
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 9.19
Options Outstanding, Aggregate Intrinsic Value	$ 29.4
Options Exercisable, Aggregate Intrinsic Value	29.4
Stock Options | Options Granted, Range One [Member]
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	4 months 15 days
Options on Shares Outstanding	9,185
Options on Shares Exercisable	9,185
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 10.05
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 10.05
Options Outstanding, Aggregate Intrinsic Value	0.1
Options Exercisable, Aggregate Intrinsic Value	0.1
Stock Options | 2004 – expire in 2014
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	9 months 14 days
Options on Shares Outstanding	43,188
Options on Shares Exercisable	43,188
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 10.90
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 10.90
Options Outstanding, Aggregate Intrinsic Value	0.4
Options Exercisable, Aggregate Intrinsic Value	0.4
Stock Options | 2005 – expire in 2015
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	1 year 11 months 5 days
Options on Shares Outstanding	49,966
Options on Shares Exercisable	49,966
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 10.05
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 10.05
Options Outstanding, Aggregate Intrinsic Value	0.6
Options Exercisable, Aggregate Intrinsic Value	0.6
Stock Options | 2006 – expire in 2016
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	7 months 27 days
Options on Shares Outstanding	565,970
Options on Shares Exercisable	565,970
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 10.31
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 10.31
Options Outstanding, Aggregate Intrinsic Value	6.1
Options Exercisable, Aggregate Intrinsic Value	6.1
Stock Options | 2007 – expire in 2015
Information about options outstanding and options exercisable by year of grant
Average Remaining Term	1 year 8 months 28 days
Options on Shares Outstanding	1,787,186
Options on Shares Exercisable	1,787,186
Options Outstanding, Weighted Average Exercise Price (USD per share)	$ 8.76
Options Exercisable, Weighted Average Exercise Price (USD per share)	$ 8.76
Options Outstanding, Aggregate Intrinsic Value	22.2
Options Exercisable, Aggregate Intrinsic Value	$ 22.2

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Condednsed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash Flows from Operating Activities:
Net (loss) income	$ (4,046)	$ 514
Adjustments to reconcile net (loss) income to net cash flows from operating activities:
Depreciation and amortization	23,324	23,588
Deferred income taxes	(2,489)	2,041
Stock and deferred compensation plans	4,711	4,757
Pension expense, net of payments	2,182	3,113
Liability for withdrawal from GCIU employer retirement fund	4,100	0
Other changes in certain working capital accounts, net	11,411	(31,044)
Miscellaneous, net	1,122	1,923
Net cash provided by operating activities	40,315	4,892
Cash Flows from Investing Activities:
Acquisitions	(145,222)	0
Additions to property, plant and equipment	(8,209)	(12,169)
Purchase of investments	(1,203)	(1,375)
Change in restricted cash	1,400	1,800
Miscellaneous, net	598	320
Net cash used in investing activities	(152,636)	(11,424)
Cash Flows from Financing Activities:
Payments on long-term debt	(1,000)	(7,950)
Repurchase of Class A Common shares	(21,237)	(34,910)
Proceeds from employee stock options	8,876	33,675
Tax payments related to shares withheld for RSUs	(3,837)	(5,970)
Miscellaneous, net	(234)	(2,854)
Net cash used in financing activities	(17,432)	(18,009)
Decrease in cash and cash equivalents	(129,753)	(24,541)
Cash and cash equivalents:
Beginning of year	221,255	242,642
End of period	91,502	218,101
Supplemental Cash Flow Disclosures
Interest paid	3,738	3,917
Income taxes paid	$ 380	$ 111

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Allowances for accounts and notes receivable	$ 1,816	$ 2,027
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, Class A
Common stock, shares authorized	240,000,000	240,000,000
Common stock, shares issued	44,265,754	44,094,501
Common stock, shares outstanding	44,265,754	44,094,501
Voting common stock
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	11,932,722	11,932,722
Common stock, shares outstanding	11,932,722	11,932,722

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Long-Term Debt

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Variable rate credit facility	$	—	$	—
Term loan	199,000		200,000
Long-term debt	199,000		200,000
Current portion of long-term debt	2,000		2,000
Long-term debt (less current portion)	$	197,000	$	198,000
Fair value of long-term debt *	$	199,000	$	200,000

* Fair value of the term loan was estimated based on quoted private market transactions and is classified as Level 1 in the fair value hierarchy.

We have a $275 million revolving credit and term loan agreement (“Financing Agreement”). The Financing Agreement includes a $200 million term loan B maturing in November 2020 and a $75 million revolving credit facility maturing in November 2018.

The Financing Agreement includes the maintenance of a net leverage ratio if we borrow more than 20% on the revolving credit facility. The term loan B requires that if we borrow additional amounts or make a permitted acquisition that we cannot exceed a stated net leverage ratio on a pro forma basis at the date of the transaction.

Interest is payable on the term loan B at rates based on LIBOR with a 0.75% floor, plus a fixed margin of 2.50%. Interest is payable on the revolving credit facility at rates based on LIBOR plus a margin based on our leverage ratio ranging from 2.25% to 2.75%. As of June 30, 2014 and December 31, 2013, the interest rate was 3.25% on the term loan B. The Financing Agreement also includes a provision that in certain circumstances we must use a portion of excess cash flow to repay debt. As of June 30, 2014, we were not required to make additional principal payments based on excess cash flow. The weighted-average interest rate on borrowings was 3.25% and 3.70% for the six months ended June 30,2014 and 2013, respectively.

Scheduled principal payments on long-term debt at June 30, 2014 are: $1.0 million for the remainder of 2014, $2.0 million in 2015, $2.0 million in 2016, $2.0 million in 2017, $2.0 million in 2018, $2.0 million in 2019 and $188 million thereafter.

Under the terms of the Financing Agreement, we granted the lenders mortgages on certain of our real property, pledges of our equity interests in our subsidiaries and security interests in substantially all other personal property including cash, accounts receivables, inventories and equipment.

The Financing Agreement allows us to make restricted payments (dividends and share repurchases) up to $50 million plus additional amounts based on our financial results and condition. We can also make additional stock repurchases equal to the amount of proceeds that we receive from the exercise of stock options held by our employees. Additionally, we can make acquisitions as long as the pro forma net leverage ratio is less than 4.5 to 1.0.

Commitment fees of 0.30% to 0.50% per annum, based on our leverage ratio, of the total unused commitment are payable under the revolving credit facility.

As of June 30, 2014 and December 31, 2013, we had outstanding letters of credit totaling $0.2 million.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2014
Document Information [Line Items]
Entity Registrant Name	SCRIPPS E W CO /DE
Entity Central Index Key	0000832428
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	44,265,754
Voting common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	11,932,722

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Financial Instruments

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

We are exposed to various market risks, including changes in interest rates. To manage risks associated with the volatility of changes in interest rates, we may enter into interest rate management instruments.

We may utilize interest rate swaps to manage our interest expense exposure by fixing our interest rate on portions of our floating rate term loan. We have entered into a $75 million notional value interest rate swap expiring in December 2016 which provides for a fixed interest rate of 1.08%. We did not provide or receive any collateral for this contract. The fair value of this financial derivative, which was designated as and qualified as a cash flow hedge through November 2013, is determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves and implied volatilities. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk.

Fair Value of Derivative Instruments

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of June 30, 2014						As of December 31, 2013
	Notional		Fair value				Notional		Fair value
(in thousands)	amount		Asset		Liability (1)		amount		Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	785	$	75,000	$	—	$	723

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheets

Through November 2013, the above derivative instrument was designated as and qualified as a cash flow hedge and the effective portion of the unrealized gains and losses on the derivative was reported as a component of accumulated other comprehensive loss and reclassified into earnings in the periods during which the hedged transactions affected earnings. Upon refinancing our term loan in November 2013, this hedge no longer qualified as a cash flow hedge and gains and losses on the derivative are recorded in current period earnings. The balance in accumulated other comprehensive loss at the date of discontinuance of hedge accounting is being amortized into earnings on a straight-line basis through December 2016. For the period ended June 30, 2014, approximately $0.2 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   June 30,			Six Months Ended   June 30,
(in thousands)	2014		2013	2014		2013
Effective portion recognized in accumulated OCL, gain/(loss)	—		817	—		745
Amounts reclassified from accumulated OCL, gain/(loss)	96		167	192		333
Gain/(loss) on derivative	(111	)	—	(62	)	—

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Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Operating Revenues:
Advertising	$ 157,255	$ 158,105	$ 304,025	$ 305,252
Subscriptions	29,699	28,096	61,998	58,567
Retransmission	12,700	10,500	25,174	20,942
Other	12,292	11,152	24,543	21,745
Total operating revenues	211,946	207,853	415,740	406,506
Costs and Expenses:
Employee compensation and benefits	103,068	96,129	204,817	196,828
Programs and program licenses	13,802	13,218	26,770	26,014
Newsprint, press supplies and other printing costs	11,046	11,407	23,084	24,351
Newspaper distribution	11,638	11,941	23,554	24,214
Other expenses	54,219	51,246	103,967	100,127
Defined benefit pension plan expense	5,477	2,569	6,855	4,538
Acquisition and related integration costs	4,097	0	4,359	0
Separation and restructuring costs	0	1,425	0	2,401
Total costs and expenses	203,347	187,935	393,406	378,473
Depreciation, Amortization, and Losses (Gains):
Depreciation	9,698	10,035	19,506	20,137
Amortization of intangible assets	1,897	1,739	3,818	3,451
Losses (gains), net on disposal of property, plant and equipment	22	(42)	90	(37)
Net depreciation, amortization, and losses (gains)	11,617	11,732	23,414	23,551
Operating (loss) income	(3,018)	8,186	(1,080)	4,482
Interest expense	(2,043)	(2,656)	(4,297)	(5,269)
Miscellaneous, net	(400)	(1,634)	(845)	(2,938)
(Loss) income from operations before income taxes	(5,461)	3,896	(6,222)	(3,725)
(Benefit) provision for income taxes	(2,027)	711	(2,176)	(4,239)
Net (loss) income	(3,434)	3,185	(4,046)	514
Net loss attributable to noncontrolling interests	(199)	0	(199)	0
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$ (3,235)	$ 3,185	$ (3,847)	$ 514
Net (loss) income per basic share of common stock attributable to the shareholders of The E.W. Scripps Company:	$ (0.06)	$ 0.05	$ (0.07)	$ 0.01
Net (loss) income per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company:	$ (0.06)	$ 0.05	$ (0.07)	$ 0.01

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Acquisitions

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Acquisitions

On June 16, 2014, we closed our acquisition of two television stations owned by Granite Broadcasting Corporation — the Detroit MyNetworkTV affiliate WMYD-TV and the Buffalo, N.Y. ABC affiliate WKBW-TV ("Acquired Granite Stations") — for $110 million in cash. The acquisition of WMYD-TV creates a duopoly with our largest station, Detroit ABC affiliate WXYZ-TV.

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired as of June 16, 2014:

(in thousands)
Assets:
Property, plant and equipment	$	12,133
Intangible assets	49,200
Goodwill	48,667
Net purchase price	$	110,000

Of the $49 million allocated to intangible assets, $21 million was for FCC licenses which we have determined to have an indefinite life and therefore will not be amortized. The remaining balance of $28 million will be allocated to retransmission agreements, television network affiliation relationships and advertiser relationships with estimated amortization periods of 10 to 20 years.

The goodwill of $48.7 million arising from the transaction consists largely of synergies and economies of scale and other benefits of a larger broadcast footprint, as well as synergies from being able to create a duopoly in our Detroit market. We have allocated the goodwill to our television segment. We will treat the transaction as an asset acquisition for income tax purposes resulting in a step-up in the assets acquired. The goodwill is deductible for income tax purposes.

Pro forma results of operations, assuming the transaction had taken place at the beginning of 2013, are included in the following table. The pro forma information includes the historical results of operations of Scripps and the Acquired Granite Stations and adjustments for additional depreciation and amortization of the assets acquired. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period.

	Three Months Ended   June 30,					Six Months Ended   June 30,
(in thousands, except per share data) (unaudited)	2014			2013		2014			2013
Operating revenues	$	218,821		$	216,031	$	429,979		$	422,061
(Loss) income from operations attributable to the shareholders of The E.W. Scripps Company	(2,703		)	4,436		(2,614		)	2,545
(Loss) income per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	(0.05		)	0.08		(0.05		)	0.04
Diluted	(0.05		)	0.07		(0.05		)	0.04

On January 1, 2014 we completed our acquisition of Media Convergence Group, Inc., which operates as Newsy, a digital video news provider, for $35 million in cash, plus a working capital adjustment of $0.2 million.

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair value of the assets acquired and the liabilities assumed as of January 1, 2014:

(in thousands)
Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,938
Total assets acquired	36,183
Current liabilities	116
Long-term deferred liability	845
Net purchase price	$	35,222

Of the $5.9 million allocated to intangible assets, $4.1 million was allocated to customer relationships with an estimated amortization period of 5 years and the balance of $1.8 million was allocated to various other intangible assets.

The goodwill of $28.9 million arising from the transaction consists largely of the benefit we will derive from being able to enter the digital video market with an established business. We have allocated the goodwill to our syndication and other segment. We will treat the transaction as a purchase of stock for income tax purposes with no step-up in the assets acquired. The goodwill will not be deductible for income tax purposes. We are not presenting any pro forma results of operations since the impact of the acquisition is not material to prior year results of operations.

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Recently Adopted Standards and Issued Accounting Standards (Notes)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Recently Adopted Standards and Issued Accounting Standards

Recently Adopted Standards and Issued Accounting Standards

Recently Issued Accounting Standards — In May 2014, the Financial Accounting Standards Board issued new guidance on revenue recognition. Under this new standard, an entity shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard creates a five-step process that requires entities to exercise judgment when considering the terms of the contract(s) and all relevant facts and circumstances. This standard permits the use of either the retrospective or cumulative effect transition method and will be effective for us beginning in 2017. Early adoption is not permitted. We are currently assessing the impact this new guidance will have on our consolidated financial statements and have not yet determined a transition method.

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Employee Benefit Plans

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

We sponsor various noncontributory defined benefit pension plans covering substantially all full-time employees that began employment prior to June 30, 2008. Benefits earned by employees are generally based upon employee compensation and years of service credits. We also have a non-qualified Supplemental Executive Retirement Plan ("SERP"). Effective June 30, 2009, we froze the accrual of benefits under our defined benefit pension plans and our SERP that cover the majority of our employees.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. In connection with freezing the accrual of service credits under certain of our defined benefit pension plans, we began contributing additional amounts to certain employees' defined contribution retirement accounts in 2011. These transition credits, which will be made through 2015, are determined based upon the employee’s age, compensation and years of service.

Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.

The components of the expense consisted of the following:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Service cost	$	22		$	17		$	43		$	34
Interest cost	6,277			5,975			12,555			11,951
Expected return on plan assets, net of expenses	(5,859		)	(5,371		)	(11,718		)	(10,742		)
Amortization of actuarial loss	641			1,061			1,283			2,122
Total for defined benefit plans	1,081			1,682			2,163			3,365
Multi-employer plans	105			111			224			231
Withdrawal from GCIU multi-employer plan	4,100			—			4,100			—
SERP	296			887			592			1,173
Defined contribution plans	3,056			2,907			6,216			6,286
Net periodic benefit cost	$	8,638		$	5,587		$	13,295		$	11,055

We contributed $0.4 million to fund current benefit payments for our SERP during the first six months ended June 30, 2014. We anticipate contributing an additional $0.4 million to fund the SERP’s benefit payments during the remainder of 2014. We contributed $0.1 million to our defined benefit pension plans during the first six months of 2014.

We participate in multi-employer pension plans that cover certain employees that are members of unions or trade associations that have a collective bargaining agreement with us. In the second quarter of 2014, unions ratified our plan to withdraw from the Graphics Communication International Union (GCIU) Employer Retirement Fund. Upon ratification of the agreement, we estimated the undiscounted liability to be approximately $6.5 million and recorded a liability of $4.1 million for the present value withdrawal liability. Once the final withdrawal liability is determined at the end of this year with the GCIU, we either will pay the liability in a lump sum or make equal monthly installments over 20 years beginning in 2015.

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Fair Value Measurement

6 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurement

We measure certain financial assets and liabilities at fair value on a recurring basis, such as cash equivalents and derivatives. The fair value of these financial assets and liabilities was determined based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. These levels of input are as follows:

• Level 1 — Quoted prices in active markets for identical assets or liabilities.

• Level 2 — Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly.

• Level 3 — Unobservable inputs based on our own assumptions.

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis at June 30, 2014 and December 31, 2013:

	As of June 30, 2014
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	10,000		$	10,000	$	—		$	—
Interest rate swap	(785		)	—		(785		)	—

	As of December 31, 2013
(in thousands)	Total			Level 1		Level 2			Level 3
Assets/(Liabilities):
Cash equivalents	$	30,000		$	30,000	$	—		$	—
Interest rate swap	(723		)	—		(723		)	—

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Restricted Cash

6 Months Ended

Jun. 30, 2014

Cash and Cash Equivalents [Abstract]

Restricted Cash

At June 30, 2014 and December 31, 2013, we had $6.8 million and $8.2 million, respectively, in a restricted cash account on deposit with our insurance carrier. This account serves as collateral, in place of an irrevocable stand-by letter of credit, to provide financial assurance that we will fulfill our obligations with respect to cash requirements associated with our workers compensation self-insurance. This cash is to remain on deposit with the carrier until all claims have been paid or we provide a letter of credit in lieu of the cash deposit.

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Noncontrolling Interests - Narrative (Details)	Jun. 30, 2014
Noncontrolling interest Memphis Newspaper
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners	4.00%
Noncontrolling interest Evansville Newspaper
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners	6.00%

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Income Taxes

6 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

Income Taxes

We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies.

The income tax provision for interim periods is generally determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss) to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed.

The effective income tax rate for the six months ended June 30,2014 and 2013 was 35% and 114%, respectively. The primary reason for the difference between these rates and the U.S. federal statutory rate of 35% is the impact of state taxes, non-deductible expenses and adjustments to reserves for uncertain tax positions (including interest). We recognized $2.4 million of previously unrecognized tax benefits in the first six months of 2013 upon settlement of audits or when the statute of limitations lapsed in certain tax jurisdictions.

Deferred tax assets totaled $27.6 million at June 30, 2014. Management believes that it is more likely than not that we will realize the benefits of our federal deferred tax assets and therefore has not recorded a valuation allowance for our federal deferred tax assets. If economic conditions worsen, future estimates of taxable income could be lower than our current estimates which may require valuation allowances to be recorded in future reporting periods.

We recognize state net operating loss carryforwards as deferred tax assets, subject to valuation allowances. At each balance sheet date, we estimate the amount of carryforwards that are not expected to be used prior to expiration of the carryforward period. The tax effect of the carryforwards that are not expected to be used prior to their expiration is included in the valuation allowance.

During the periods ended June 30, 2014 and 2013, deferred tax assets relating to employee share-based compensation from the vesting of RSU's and the exercise of stock options have not been recognized since we are in a net tax loss position for both periods. The additional tax benefits will be reflected as net operating loss carryforwards when we file our tax returns, but the additional tax benefits are not recorded under GAAP until the tax deduction reduces taxes payable. The amount of unrecognized tax deductions for the six months ended June 30,2014 and 2013 was approximately $25 million and $26 million, respectively.

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Other Charges and Credits

6 Months Ended

Jun. 30, 2014

Asset Write-Downs and Other Charges and Credits [Abstract]

Other Charges and Credits

Income (loss) from operations was affected by the following:

Acquisition and related integration costs of $4.4 million for the six months ended June 30, 2014 include costs associated with the acquisition of two television stations from Granite Broadcasting and costs related to the merger with Journal Communications broadcast operations and the spin-off of our newspaper business.

Restructuring costs, primarily at our newspaper operations, totaled $1.4 million for the second quarter of 2013 and $2.4 million for the first six months of 2013. Restructuring costs primarily include costs associated with efforts to simplify and standardize advertising and circulation systems and other processes in our newspaper division. In 2014, we are in the final stages of these system implementations and any remaining costs are now included in segment operating results.

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Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill by business segment was as follows:

(in thousands)	Television			Newspapers			Syndication and other		Total
Gross balance as of December 31, 2013	$	243,380		$	778,900		$	—	$	1,022,280
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of December 31, 2013	27,966			—			—		27,966
2014 Newsy acquisition	—			—			28,938		28,938
2014 Acquired Granite Stations	48,667			—			—		48,667
Balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571
Gross balance as of June 30, 2014	$	292,047		$	778,900		$	28,938	$	1,099,885
Accumulated impairment losses	(215,414		)	(778,900		)	—		(994,314		)
Net balance as of June 30, 2014	$	76,633		$	—		$	28,938	$	105,571

Other intangible assets consisted of the following:

(in thousands)	As of   June 30,   2014			As of   December 31,   2013
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	87,944		$	78,844
Customer lists and advertiser relationships	30,404			22,304
Retransmission agreements	14,700			—
Other	5,361			3,561
Total carrying amount	138,409			104,709
Accumulated amortization:
Television network affiliation relationships	(11,666		)	(9,691		)
Customer lists and advertiser relationships	(14,770		)	(13,138		)
Retransmission agreements	—			—
Other	(2,045		)	(1,833		)
Total accumulated amortization	(28,481		)	(24,662		)
Net amortizable intangible assets	109,928			80,047
Other indefinite-lived intangible assets — FCC licenses	79,215			57,815
Total other intangible assets	$	189,143		$	137,862

Estimated amortization expense of intangible assets for each of the next five years is $5.2 million for the remainder of 2014, $10.1 million in 2015, $10.1 million in 2016, $7.6 million in 2017, $7.6 million in 2018, $6.6 million in 2019, and $62.7 million in later years.

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Segment Information - Narrative (Details)	Jun. 30, 2014 customer
Segment Reporting Information [Line Items]
Number of major customers customers	0
Percentage of revenue by major customer	10.00%
Television
Segment Reporting Information [Line Items]
Percentage of market capture	14.00%
Television | ABC affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	11
Television | NBC affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	3
Television | Independent station
Segment Reporting Information [Line Items]
Number of Affiliates	2
Television | Azteca America affiliates
Segment Reporting Information [Line Items]
Number of Affiliates	5
Newspapers
Segment Reporting Information [Line Items]
Number of markets for daily and community newspapers	13

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Spin-Off of Scripps Networks Interactive, Inc - Narrative (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Spin Off of Company [Abstract]
Spin-Off of Company, Employee Service Share-based Compensation, Tax Deduction from Exercise of Stock Options	$ 6.6	$ 8.9
SNI options held by employees	0.2

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Employee Benefit Plans - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014 SERP	Jun. 30, 2014 Defined benefit plans
Defined Benefit Plan Disclosure [Line Items]
Contributions to benefit plan		$ 0.4	$ 0.1
Estimated future contributions		0.4
Withdrawal from multi-employer pension plan, undiscounted liability	6.5
Withdrawal from multi-employer pension plan, recorded liability	$ 4.1
Withdrawal from multi-employer pension plan, liability repayment, term	20 years

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Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional amounts and fair values of derivatives

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of June 30, 2014						As of December 31, 2013
	Notional		Fair value				Notional		Fair value
(in thousands)	amount		Asset		Liability (1)		amount		Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	785	$	75,000	$	—	$	723

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

Effective portion of the unrealized gain and loss on the derivative

For the period ended June 30, 2014, approximately $0.2 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   June 30,			Six Months Ended   June 30,
(in thousands)	2014		2013	2014		2013
Effective portion recognized in accumulated OCL, gain/(loss)	—		817	—		745
Amounts reclassified from accumulated OCL, gain/(loss)	96		167	192		333
Gain/(loss) on derivative	(111	)	—	(62	)	—

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Goodwill and Other Intangible Assets - Summary of other intangible assets (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Carrying amount:
Total carrying amount	$ 138,409	$ 104,709
Accumulated amortization:
Total accumulated amortization	(28,481)	(24,662)
Net amortizable intangible assets	109,928	80,047
Total other intangible assets	189,143	137,862
Licensing agreements
Accumulated amortization:
Other indefinite-lived intangible assets — FCC licenses	79,215	57,815
Television network affiliation relationships
Carrying amount:
Total carrying amount	87,944	78,844
Accumulated amortization:
Total accumulated amortization	(11,666)	(9,691)
Customer lists and advertiser relationships
Carrying amount:
Total carrying amount	30,404	22,304
Accumulated amortization:
Total accumulated amortization	(14,770)	(13,138)
Retransmission agreements
Carrying amount:
Total carrying amount	14,700	0
Accumulated amortization:
Total accumulated amortization	0	0
Other
Carrying amount:
Total carrying amount	5,361	3,561
Accumulated amortization:
Total accumulated amortization	$ (2,045)	$ (1,833)

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Noncontrolling Interests

6 Months Ended

Jun. 30, 2014

Noncontrolling Interest [Abstract]

Noncontrolling Interests

Individuals and other entities own a 4% noncontrolling interest in the capital stock of the subsidiary company that publishes our Memphis newspaper and a 6% noncontrolling interest in the capital stock of the subsidiary company that publishes our Evansville newspaper. We are not required to redeem the noncontrolling interests in these subsidiary companies.

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Capital Stock

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Capital Stock

Capital Stock — We have two classes of common shares, Common Voting shares and Class A Common shares. The Class A Common shares are only entitled to vote on the election of the greater of three or one-third of the directors and other matters as required by Ohio law.

Share Repurchase Plan — In November 2012, our board of directors authorized a repurchase program of up to $100 million of our Class A Common shares through December 2014. Under the authorization, we repurchased $21.2 million of shares at prices ranging from $16.35 to $19.99 per share during the first half of 2014. For the six months ended June 30, 2013, we purchased $34.9 million of shares at prices ranging from $10.83 to $15.49 per share. As of June 30, 2014, we have $5 million remaining for share repurchases under this authorization.

In May 2014, our board of directors authorized a new repurchase program of up to $100 million of our Class A Common shares through December 2016. No shares have been repurchased under this program as of June 30, 2014. Based on the terms of our merger agreement with Journal Communications, we are precluded from repurchasing shares prior to closing the transaction.

Information about options outstanding and options exercisable by year of grant as of June 30, 2014 is as follows:

			Options Outstanding and Exercisable
Year of Grant	Range of Exercise Prices	Average Remaining Term (in years)	Options on Shares Outstanding	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
2004 – expire in 2014	$10-11	0.37	9,185	$	10.05	$	0.1
2005 – expire in 2015	10-11	0.79	43,188	10.90		0.4
2006 – expire in 2016	10-11	1.93	49,966	10.05		0.6
2007 – expire in 2015	9-10	0.66	565,970	10.31		6.1
2008 – expire in 2016	7-10	1.74	1,787,186	8.76		22.2
Total	$7-11	1.47	2,455,495	$	9.19	$	29.4

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Restricted Cash - Narrative (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 6,810	$ 8,210

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Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2014

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

	Three months ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2013	$	(950	)	$	(115,337	)	$	357	$	(115,930	)
Other comprehensive income before reclassifications	509			—			—		509
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $63 (a)	103			—			—		103
Actuarial loss, net of tax of $1,001 (b)	—			1,105			—		1,105
Net current-period other comprehensive income	612			1,105			—		1,717
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

	Six Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $74 (a)	118			—			—		118
Actuarial loss, net of tax of $560 (b)	—			888			—		888
Net current-period other comprehensive income	118			888			—		1,006
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

	Six Months Ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2012	$	(1,009	)	$	(116,188	)	$	357	$	(116,840	)
Other comprehensive income before reclassifications	464			—			—		464
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $126 (a)	207			—			—		207
Actuarial loss, net of tax of $1,299 (b)	—			1,956			—		1,956
Net current-period other comprehensive income	671			1,956			—		2,627
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Comprehensive Loss (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net (loss) income	$ (3,434)	$ 3,185	$ (4,046)	$ 514
Changes in fair value of derivative, net of tax of $37, $371, $74 and $406	59	612	118	671
Changes in defined benefit pension plans, net of tax of $280, $1,001, $560 and $1,299	444	1,105	888	1,956
Total comprehensive (loss) income	(2,931)	4,902	(3,040)	3,141
Less comprehensive loss attributable to noncontrolling interest	199	0	199	0
Total comprehensive (loss) income attributable to the shareholders of The E.W. Scripps Company	$ (2,732)	$ 4,902	$ (2,841)	$ 3,141

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

As used in the Condensed Notes to Consolidated Financial Statements, the terms “Scripps,” “Company,” “we,” “our,” or “us” may, depending on the context, refer to The E. W. Scripps Company, to one or more of its consolidated subsidiary companies or to all of them taken as a whole.

Basis of Presentation — The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2013 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made.

Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year.

Nature of Operations — We are a diverse media enterprise with a portfolio of television, print and digital media brands. All of our media businesses provide content and advertising services via digital platforms, including the Internet, smartphones and tablets. Our media businesses are organized into the following reportable business segments: television, newspapers and syndication and other. Additional information for our business segments is presented in the Condensed Notes to Consolidated Financial Statements.

Use of Estimates — Preparing financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make a variety of decisions that affect the reported amounts and the related disclosures. Such decisions include the selection of accounting principles that reflect the economic substance of the underlying transactions and the assumptions on which to base accounting estimates. In reaching such decisions, we apply judgment based on our understanding and analysis of the relevant circumstances, including our historical experience, actuarial studies and other assumptions.

Our financial statements include estimates and assumptions used in accounting for our defined benefit pension plans; the periods over which long-lived assets are depreciated or amortized; the fair value of long-lived assets, goodwill and indefinite lived assets; the liability for uncertain tax positions and valuation allowances against deferred income tax assets; and self-insured risks.

While we re-evaluate our estimates and assumptions on an ongoing basis, actual results could differ from those estimated at the time of preparation of the financial statements.

Revenue Recognition — We recognize revenue when persuasive evidence of a sales arrangement exists, delivery occurs or services are rendered, the sales price is fixed or determinable and collectability is reasonably assured. When a sales arrangement contains multiple elements, such as the sale of advertising and other services, we allocate revenue to each element based upon its relative fair value. We report revenue net of sales and other taxes collected from our customers.

Our primary sources of revenue are from the sale of print, broadcast and digital advertising, retransmission fees received from cable operators and satellite carriers and newspaper subscription fees.

The revenue recognition policies for each source of revenue are described in our 2013 Annual Report on Form 10-K.

Share-Based Compensation — We have a Long-Term Incentive Plan (the “Plan”) which is described more fully in our Annual Report on Form 10-K for the year ended December 31, 2013. The Plan provides for the award of incentive and nonqualified stock options, stock appreciation rights, restricted stock units (RSUs), unrestricted Class A Common shares and performance units to key employees and non-employee directors.

Share-based compensation costs totaled $1.4 million and $0.5 million for the second quarter of 2014 and 2013, respectively. Year-to-date share-based compensation costs totaled $4.7 million and $3.9 million in 2014 and 2013, respectively.

Earnings Per Share (“EPS”) — Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and therefore exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Numerator (for basic and diluted earnings per share)
Net (loss) income attributable to the shareholders of The E.W. Scripps Company	$	(3,235	)	$	3,185		$	(3,847	)	$	514
Less income allocated to RSUs	—			(89		)	—			(16		)
Numerator for basic and diluted earnings per share	$	(3,235	)	$	3,096		$	(3,847	)	$	498
Denominator
Basic weighted-average shares outstanding	56,043			57,448			56,063			56,894
Effect of dilutive securities:
Stock options held by employees and directors	—			1,299			—			1,172
Diluted weighted-average shares outstanding	56,043			58,747			56,063			58,066
Anti-dilutive securities (1)	3,746			—			3,746			—

⁽¹⁾ Amount outstanding at balance sheet date, before application of the treasury stock method and not weighted for period outstanding.

For the quarter and six months ended ended June 30, 2014, we incurred a net loss and the inclusion of RSUs and stock options held by employees and directors would have been anti-dilutive, and accordingly the diluted EPS calculation for the period excludes those common share equivalents.

Derivative Financial Instruments — It is our policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. Derivative financial instruments are utilized to manage interest rate risks. We do not hold derivative financial instruments for trading purposes. All derivatives are recorded on the balance sheet at fair value. Each derivative is designated as a cash flow hedge or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income (loss) and reclassified to earnings when the effects of the item being hedged are recognized in earnings. These changes are offset in earnings to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in earnings. All ineffective changes in derivative fair values are recognized currently in earnings.

All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis, the hedging instrument is assessed as to its effectiveness, when applicable. If and when a derivative is determined not to be highly effective as a hedge, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued.

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Fair Value Measurement - Assets and Liabilities Measured at Fair Value (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	$ 10,000		$ 30,000
Level 1 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	10,000		30,000
Level 2 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	0		0
Level 3 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Cash equivalents	0		0
Interest rate swaps
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(785)	[1]	(723)	[1]
Interest rate swaps | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(785)		(723)
Interest rate swaps | Level 1 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	0		0
Interest rate swaps | Level 2 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	(785)		(723)
Interest rate swaps | Level 3 | Recurring Measurements
Assets and liabilities that are measured at fair value on a recurring basis
Interest rate swap	$ 0		$ 0

[1] (1) Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

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Accumulated Other Comprehensive Loss (Details) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	$ (80,420,000)		$ (115,930,000)		$ (80,923,000)		$ (116,840,000)
Other comprehensive income before reclassifications	0		509,000		0		464,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	59,000	[1]	103,000	[1]	118,000	[1]	207,000	[1]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	444,000	[2]	1,105,000	[2]	888,000	[2]	1,956,000	[2]
Amounts reclassified from accumulated other comprehensive loss, tax	(2,027,000)		711,000		(2,176,000)		(4,239,000)
Ending balance	(79,917,000)		(114,213,000)		(79,917,000)		(114,213,000)
Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Net current-period other comprehensive income	503,000		1,717,000		1,006,000		2,627,000
Gains and Losses on Derivatives
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance			(950,000)				(1,009,000)
Other comprehensive income before reclassifications			509,000				464,000
Ending balance			(338,000)				(338,000)
Gains and Losses on Derivatives | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			103,000	[1]			207,000	[1]
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss			0	[2]			0	[2]
Net current-period other comprehensive income			612,000				671,000
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, tax			63,000				126,000
Defined Benefit Pension Items
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(79,933,000)		(115,337,000)		(80,377,000)		(116,188,000)
Other comprehensive income before reclassifications	0		0		0		0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	[1]	0	[1]	0	[1]	0	[1]
Ending balance	(79,489,000)		(114,232,000)		(79,489,000)		(114,232,000)
Defined Benefit Pension Items | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	444,000	[2]	1,105,000	[2]	888,000	[2]	1,956,000	[2]
Amounts reclassified from accumulated other comprehensive loss, tax	280,000		1,001,000		560,000		1,299,000
Net current-period other comprehensive income	444,000		1,105,000		888,000		1,956,000
Other
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	172,000		357,000		172,000		357,000
Other comprehensive income before reclassifications	0		0		0		0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	[1]	0	[1]	0	[1]	0	[1]
Ending balance	172,000		357,000		172,000		357,000
Other | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	0	[2]	0	[2]	0	[2]	0	[2]
Net current-period other comprehensive income	0		0		0		0
Gain or Loss on Derivatives [Member]
Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(659,000)				(718,000)
Other comprehensive income before reclassifications	0				0
Ending balance	(600,000)				(600,000)
Gain or Loss on Derivatives [Member] | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	59,000	[1]			118,000	[1]
Gain or Loss on Derivatives [Member] | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, Actuarial loss	0	[2]			0	[2]
Net current-period other comprehensive income	59,000				118,000
Gain or Loss on Derivatives [Member] | Reclassification out of Accumulated Other Comprehensive Income | Interest rate swaps
Accumulated Other Comprehensive Loss [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss, tax	$ 37,000				$ 74,000

[1] (a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

[2] (b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2014

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss ("AOCL") by component, including items reclassified out of AOCL, were as follows:

	Three Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2014	$	(659	)	$	(79,933	)	$	172	$	(80,420	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $37 (a)	59			—			—		59
Actuarial loss, net of tax of $280 (b)	—			444			—		444
Net current-period other comprehensive income	59			444			—		503
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

	Three months ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, March 31, 2013	$	(950	)	$	(115,337	)	$	357	$	(115,930	)
Other comprehensive income before reclassifications	509			—			—		509
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $63 (a)	103			—			—		103
Actuarial loss, net of tax of $1,001 (b)	—			1,105			—		1,105
Net current-period other comprehensive income	612			1,105			—		1,717
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

	Six Months Ended June 30, 2014
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2013	$	(718	)	$	(80,377	)	$	172	$	(80,923	)
Other comprehensive income before reclassifications	—			—			—		—
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $74 (a)	118			—			—		118
Actuarial loss, net of tax of $560 (b)	—			888			—		888
Net current-period other comprehensive income	118			888			—		1,006
Ending balance, June 30, 2014	$	(600	)	$	(79,489	)	$	172	$	(79,917	)

	Six Months Ended June 30, 2013
(in thousands)	Gains and Losses on Derivatives			Defined Benefit Pension Items			Other		Total
Beginning balance, December 31, 2012	$	(1,009	)	$	(116,188	)	$	357	$	(116,840	)
Other comprehensive income before reclassifications	464			—			—		464
Amounts reclassified from accumulated other   comprehensive loss
Interest rate swap, net of tax of $126 (a)	207			—			—		207
Actuarial loss, net of tax of $1,299 (b)	—			1,956			—		1,956
Net current-period other comprehensive income	671			1,956			—		2,627
Ending balance, June 30, 2013	$	(338	)	$	(114,232	)	$	357	$	(114,213	)

^(a) Interest rate swap is included in interest expense in the Condensed Consolidated Statements of Operations

^(b) Actuarial loss is included in defined benefit pension plan expense in the Condensed Consolidated Statements of Operations

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Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Components of benefit expense

The components of the expense consisted of the following:

	Three Months Ended   June 30,						Six Months Ended   June 30,
(in thousands)	2014			2013			2014			2013
Service cost	$	22		$	17		$	43		$	34
Interest cost	6,277			5,975			12,555			11,951
Expected return on plan assets, net of expenses	(5,859		)	(5,371		)	(11,718		)	(10,742		)
Amortization of actuarial loss	641			1,061			1,283			2,122
Total for defined benefit plans	1,081			1,682			2,163			3,365
Multi-employer plans	105			111			224			231
Withdrawal from GCIU multi-employer plan	4,100			—			4,100			—
SERP	296			887			592			1,173
Defined contribution plans	3,056			2,907			6,216			6,286
Net periodic benefit cost	$	8,638		$	5,587		$	13,295		$	11,055

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Other Liabilities

6 Months Ended

Jun. 30, 2014

Other Liabilities Disclosure [Abstract]

Other Liabilities

Other liabilities consisted of the following:

(in thousands)	As of   June 30,   2014		As of   December 31,   2013
Employee compensation and benefits	$	19,257	$	19,756
Liability for pension benefits	62,836		62,020
Liabilities for uncertain tax positions	10,983		10,670
Other	17,001		14,826
Other liabilities (less current portion)	$	110,077	$	107,272