ACQUISITIONS AND DISPOSITION OF ASSETS (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of allocated fair value of acquired assets and liabilities assumed

The following table summarizes the allocated fair value of acquired assets and assumed liabilities (in thousands):



Cash	$	5,111
Accounts receivable	17,629
Prepaid expenses and other current assets	6,518
Property and equipment	5,964
Definite-lived intangible assets	272,686
Indefinite-lived intangible assets	23,400
Other assets	619
Accounts payable and accrued liabilities	(7,414		)
Capital leases	(115		)
Deferred tax liability	(16,991		)
Other long term liabilities	(1,669		)
Fair value of identifiable net assets acquired	305,738
Goodwill	53,427
Total	$	359,165

Summary of Pro Forma Information

The following table sets forth unaudited results of operations, assuming that Tennis, along with transactions necessary to finance the acquisition, occurred at the beginning of the year preceding the year of acquisition. The pro forma results exclude the other acquisitions discussed above, as they were deemed not material both individually and in the aggregate (in thousands, except per share data):




	For the six months ended June 30, 2016
Total revenues	$	1,259,915
Net Income	$	75,322
Net Income attributable to Sinclair Broadcast Group	$	72,652
Basic earnings per share attributable to Sinclair Broadcast Group	$	0.77
Diluted earnings per share attributable to Sinclair Broadcast Group	$	0.76