ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2014

Acquisitions

Schedule of unaudited pro forma results of continuing operations

The following table sets forth unaudited pro forma results of continuing operations for the three months ended March 31, 2013, assuming that the acquisitions of the Fisher and Barrington stations discussed above, along with transactions necessary to finance the acquisitions, occurred at the beginning of the annual period presented (in thousands, except per share data):

	(Unaudited)
	2013
Total Revenues	$	351,105
Net Income	10,843
Net Income attributable to Sinclair Broadcast Group	10,970
Basic and diluted earnings per share attributable to Sinclair Broadcast Group	$	0.13

Fisher Communications

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):

Cash	$	13,531
Accounts receivable	29,962
Prepaid expenses and other current assets	19,337
Program contract costs	10,968
Property and equipment	48,616
Broadcast licenses	11,058
Definite-lived intangible assets	155,073
Other assets	8,348
Assets held for sale	6,339
Accounts payable and accrued liabilities	(20,384		)
Program contracts payable	(10,977		)
Deferred tax liability	(51,024		)
Other long-term liabilities	(22,127		)
Fair value of identifiable net assets acquired	198,720
Goodwill	174,476
Total	$	373,196

Barrington Broadcasting Company, LLC

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):

Prepaid expenses and other current assets	$	681
Program contract costs	3,813
Property and equipment	67,519
Broadcast licenses	719
Definite-lived intangible assets	220,535
Accounts payable and accrued liabilities	(2,725		)
Program contracts payable	(3,813		)
Other long-term liabilities	(65		)
Fair value of identifiable net assets acquired	286,664
Goodwill	81,022
Total	$	367,686

Other acquisitions

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):

Accounts receivable	$	8,226
Prepaid expenses and other current assets	5,217
Program contract costs	6,182
Property and equipment	54,148
Deferred tax asset	3,888
Broadcast licenses	3,736
Definite-lived intangible assets	147,191
Accrued liabilities	(3,926		)
Program contracts payable	(6,331		)
Other long term liabilities	(10,300		)
Fair value of identifiable net assets acquired	208,031
Goodwill	74,847
Total	$	282,878