XML 185 R107.htm IDEA: XBRL DOCUMENT v2.4.0.6
Discontinued Operations - LIN Television
12 Months Ended
Dec. 31, 2012
Discontinued Operations

Note 3—Discontinued Operations

WWHO-TV

        On February 16, 2012, we completed the sale of substantially all of the assets of WWHO-TV, our CW affiliate serving Columbus, OH, to Manhan Media, Inc. As of December 31, 2012, no amounts related to WWHO-TV were classified as assets or liabilities held for sale on our consolidated balance sheets. During the year ended December 31, 2012, we recorded a loss on the sale of WWHO-TV of $0.4 million ($0.3 million, net of tax).

WUPW-TV

        On April 21, 2012, we completed the sale of substantially all of the assets of WUPW-TV to WUPW, LLC. As of December 31, 2012, no amounts related to WUPW-TV were classified as assets or liabilities held for sale on our consolidated balance sheets. During the year ended December 31, 2012, we recorded a gain on the sale of WUPW-TV of $18 million ($11.7 million, net of tax).

        The following presents summarized information for the discontinued operations as follows (in thousands):

 
  Year Ended December 31,  
 
  2012   2011   2010  
 
  WWHO-
TV
  WUPW-
TV
  Total   WWHO-
TV
  WUPW-
TV
  Total   WWHO-
TV
  WUPW-
TV
  Total  

Net revenues

  $ 440   $ 2,193   $ 2,633   $ 4,236   $ 7,585   $ 11,821   $ 4,433   $ 7,424   $ 11,857  

Operating (loss) income

    (393 )   (1,166 )   (1,559 )   (699 )   1,079     380     (586 )   1,084     498  

Net (loss) income

    (252 )   (766 )   (1,018 )   (1,427 )   507     (920 )   (391 )   708     317  
LIN Television Corporation
 
Discontinued Operations

Note 3—Discontinued Operations

WWHO-TV

        On February 16, 2012, we completed the sale of substantially all of the assets of WWHO-TV, our CW affiliate serving Columbus, OH, to Manhan Media, Inc. As of December 31, 2012, no amounts related to WWHO-TV were classified as assets or liabilities held for sale on our consolidated balance sheets. During the year ended December 31, 2012, we recorded a loss on the sale of WWHO-TV of $0.4 million ($0.3 million, net of tax).

WUPW-TV

        On April 21, 2012, we completed the sale of substantially all of the assets of WUPW-TV to WUPW, LLC. As of December 31, 2012, no amounts related to WUPW-TV were classified as assets or liabilities held for sale on our consolidated balance sheets. During the year ended December 31, 2012, we recorded a gain on the sale of WUPW-TV of $18 million ($11.7 million, net of tax).

        The following presents summarized information for the discontinued operations as follows (in thousands):

 
  Year Ended December 31,  
 
  2012   2011   2010  
 
  WWHO-
TV
  WUPW-
TV
  Total   WWHO-
TV
  WUPW-
TV
  Total   WWHO-
TV
  WUPW-
TV
  Total  

Net revenues

  $ 440   $ 2,193   $ 2,633   $ 4,236   $ 7,585   $ 11,821   $ 4,433   $ 7,424   $ 11,857  

Operating (loss) income

    (393 )   (1,166 )   (1,559 )   (699 )   1,079     380     (586 )   1,084     498  

Net (loss) income

    (252 )   (766 )   (1,018 )   (1,427 )   507     (920 )   (391 )   708     317