XML 18 R55.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Presentation and Summary of Significant Accounting Policies (Details 5) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Stock-based compensation                      
Share-based compensation expense before tax                 $ 9,374,000 $ 6,857,000 $ 6,176,000
Income taxes                      
Decrease in valuation allowance                 18,200,000    
Numerator for earnings per common share calculation:                      
Income (loss) from continuing operations 3,944,000 146,508,000 [1] 7,169,000 (1,020,000) (58,163,000) 19,619,000 15,457,000 5,115,000 156,601,000 (17,972,000) 49,701,000
Net (loss) income attributable to noncontrolling interest included in continuing operations                 (1,512,000) (556,000) 204,000
Income (loss) from continuing operations attributable to LIN Media LLC                 158,113,000 (17,416,000) 49,497,000
Income (loss) from discontinued operations, including gain on sale         0 0 11,602,000 (1,231,000) 0 10,371,000 (920,000)
Net income (loss) attributable to reporting entity 4,556,000 146,938,000 7,475,000 (856,000) (58,088,000) 19,659,000 27,118,000 4,266,000 158,113,000 (7,045,000) 48,577,000
Denominator for earnings per common share calculation:                      
Weighted-average common shares, basic (in shares) 52,879,000 52,791,000 52,278,000 51,910,000 53,169,000 53,066,000 55,174,000 56,184,000 52,439,000 54,130,000 55,768,000
Effect of dilutive securities:                      
Stock options and restricted stock (in shares)                 3,200,000 0 1,311,000
Weighted-average common shares, diluted (in shares) 56,240,000 55,855,000 55,595,000 51,910,000 53,169,000 54,353,000 56,300,000 57,512,000 55,639,000 54,130,000 57,079,000
Antidilutive securities (in shares)                 100,000 1,200,000 400,000
Direct operating
                     
Stock-based compensation                      
Share-based compensation expense before tax                 320,000 270,000 256,000
Selling, general and administrative
                     
Stock-based compensation                      
Share-based compensation expense before tax                 1,460,000 1,019,000 1,266,000
Corporate
                     
Stock-based compensation                      
Share-based compensation expense before tax                 7,594,000 5,568,000 4,654,000
LIN Television
                     
Stock-based compensation                      
Share-based compensation expense before tax                 9,374,000 6,857,000 6,176,000
Income taxes                      
Decrease in valuation allowance   (18,200,000)             18,200,000    
Numerator for earnings per common share calculation:                      
Income (loss) from continuing operations                 157,290,000 (17,972,000) 49,701,000
Net (loss) income attributable to noncontrolling interest included in continuing operations                 (1,512,000) (556,000) 204,000
Net income (loss) attributable to reporting entity                 158,802,000 (7,045,000) 48,577,000
LIN Television | Direct operating
                     
Stock-based compensation                      
Share-based compensation expense before tax                 320,000 270,000 256,000
LIN Television | Selling, general and administrative
                     
Stock-based compensation                      
Share-based compensation expense before tax                 1,460,000 1,019,000 1,266,000
LIN Television | Corporate
                     
Stock-based compensation                      
Share-based compensation expense before tax                 $ 7,594,000 $ 5,568,000 $ 4,654,000
[1] During the year ended December 31, 2013, we recognized a $124.3 million tax benefit as a result of the Merger as well as an $18.2 million tax benefit as a result of the reversal of state valuation allowances. For further discussion, see Note 14 - "Income Taxes."