XML 55 R43.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Statement of Cash Flow (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES $ 134,015 $ 113,852
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (25,851) (23,648)
Acquisition of businesses, net of cash acquired (384,659) (150)
Purchase of alarm monitoring contracts (7,017) (5,744)
Distributions from equity and costs method investees   4,152
Investments in equity and cost method investees (19,874) (2,945)
Loans to affiliates (19,500) 0
Other, net 2,265 422
Net cash flows used in investing activities (454,636) (27,913)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 598,850 7,866
Repayments of notes payable, commercial bank financing and capital leases (261,230) (25,055)
Dividends paid on Class A and Class B common stock (15,675) (15,715)
Increase (decrease) in intercompany payables 0  
Repurchase of outstanding Class A Common Stock 0 (7,803)
Increase (decrease) in intercompany payables   0
Other, net (9,772) (5,071)
Net cash flows from (used in) financing activities 312,173 (45,778)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (8,448) 40,161
CASH AND CASH EQUIVALENTS, beginning of period 149,972 17,682
CASH AND CASH EQUIVALENTS, end of period 141,524 57,843
Reportable legal entities | Sinclair Broadcast Group, Inc.    
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES 823 8,824
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment 0 0
Acquisition of businesses, net of cash acquired 0 0
Purchase of alarm monitoring contracts 0 0
Distributions from equity and costs method investees   1,425
Investments in equity and cost method investees 0 0
Loans to affiliates 0  
Other, net 1,197 0
Net cash flows used in investing activities 1,197 1,425
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 0 0
Repayments of notes payable, commercial bank financing and capital leases 0 (508)
Dividends paid on Class A and Class B common stock (15,675) (15,715)
Increase (decrease) in intercompany payables 15,368  
Repurchase of outstanding Class A Common Stock   (7,803)
Increase (decrease) in intercompany payables   15,323
Other, net (1,713) (1,546)
Net cash flows from (used in) financing activities (2,020) (10,249)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 0 0
CASH AND CASH EQUIVALENTS, beginning of period 0 0
CASH AND CASH EQUIVALENTS, end of period 0 0
Reportable legal entities | Sinclair Television Group, Inc.    
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES (20,655) (25,325)
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (1,479) (2,912)
Acquisition of businesses, net of cash acquired 0 0
Purchase of alarm monitoring contracts 0 0
Distributions from equity and costs method investees   419
Investments in equity and cost method investees (10,000) (1,100)
Loans to affiliates (19,500)  
Other, net 0 0
Net cash flows used in investing activities (30,979) (3,593)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 595,000 0
Repayments of notes payable, commercial bank financing and capital leases (257,682) (23,514)
Dividends paid on Class A and Class B common stock 0 0
Increase (decrease) in intercompany payables (290,337)  
Repurchase of outstanding Class A Common Stock   0
Increase (decrease) in intercompany payables   84,589
Other, net (5,800) 0
Net cash flows from (used in) financing activities 41,181 61,075
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (10,453) 32,157
CASH AND CASH EQUIVALENTS, beginning of period 115,771 3,394
CASH AND CASH EQUIVALENTS, end of period 105,318 35,551
Reportable legal entities | Guarantor Subsidiaries and KDSM, LLC    
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES 145,404 139,443
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (23,239) (20,309)
Acquisition of businesses, net of cash acquired (374,284) (150)
Purchase of alarm monitoring contracts 0 0
Distributions from equity and costs method investees   0
Investments in equity and cost method investees (47) 0
Loans to affiliates 0  
Other, net (210) 422
Net cash flows used in investing activities (397,780) (20,037)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 0 0
Repayments of notes payable, commercial bank financing and capital leases (461) 56
Dividends paid on Class A and Class B common stock 0 0
Increase (decrease) in intercompany payables 262,392  
Repurchase of outstanding Class A Common Stock   0
Increase (decrease) in intercompany payables   (120,275)
Other, net 263 0
Net cash flows from (used in) financing activities 262,194 (120,219)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 9,818 (813)
CASH AND CASH EQUIVALENTS, beginning of period 235 1,749
CASH AND CASH EQUIVALENTS, end of period 10,053 936
Reportable legal entities | Non- Guarantor Subsidiaries    
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES 779 (13,488)
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (1,323) (635)
Acquisition of businesses, net of cash acquired (10,375) 0
Purchase of alarm monitoring contracts (7,017) (5,744)
Distributions from equity and costs method investees   2,308
Investments in equity and cost method investees (9,827) (1,845)
Loans to affiliates 0  
Other, net 1,278 0
Net cash flows used in investing activities (27,264) (5,916)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 3,850 7,866
Repayments of notes payable, commercial bank financing and capital leases (3,087) (1,089)
Dividends paid on Class A and Class B common stock 0 0
Increase (decrease) in intercompany payables 20,489  
Repurchase of outstanding Class A Common Stock   0
Increase (decrease) in intercompany payables   24,969
Other, net (2,580) (3,525)
Net cash flows from (used in) financing activities 18,672 28,221
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (7,813) 8,817
CASH AND CASH EQUIVALENTS, beginning of period 33,966 12,539
CASH AND CASH EQUIVALENTS, end of period 26,153 21,356
Eliminations    
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME    
NET CASH FLOWS FROM(USED IN) OPERATING ACTIVITIES 7,664 4,398
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment 190 208
Acquisition of businesses, net of cash acquired 0 0
Purchase of alarm monitoring contracts 0 0
Distributions from equity and costs method investees   0
Investments in equity and cost method investees 0 0
Loans to affiliates 0  
Other, net 0 0
Net cash flows used in investing activities 190 208
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 0 0
Repayments of notes payable, commercial bank financing and capital leases 0 0
Dividends paid on Class A and Class B common stock 0 0
Increase (decrease) in intercompany payables (7,912)  
Repurchase of outstanding Class A Common Stock   0
Increase (decrease) in intercompany payables   (4,606)
Other, net 58 0
Net cash flows from (used in) financing activities (7,854) (4,606)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 0 0
CASH AND CASH EQUIVALENTS, beginning of period 0 0
CASH AND CASH EQUIVALENTS, end of period $ 0 $ 0