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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 475,327 $ 93,100 $ 76,383
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for bad debt 10,263 3,057 3,180
Amortization of broadcast rights, excluding barter 62,908 22,461 22,154
Depreciation of property and equipment 100,658 51,300 47,222
Amortization of intangible assets 159,500 46,572 48,475
Gain on asset disposal, net (55,982) 1,553 2,109
Amortization of debt financing costs and debt discounts 10,483 5,649 3,752
Loss on extinguishment of debt 34,882    
Goodwill and intangible assets impairment 19,985 15,262  
Stock-based compensation expense 24,068 11,390 11,400
Deferred income taxes (463,185) 54,591 43,675
Income from escrow deposit   (1,080)  
Payments for broadcast rights (62,531) (23,004) (22,473)
Other noncash credits, net (1,617) (1,612) (90)
Change in the fair value of contingent consideration   4,044  
Changes in operating assets and liabilities, net of acquisitions and dispositions:      
Accounts receivable (55,819) (27,290) (30,310)
Prepaid expenses and other current assets 22,825 (28,628) (1,324)
Other noncurrent assets (278) 244 293
Accounts payable, accrued expenses and other current liabilities (62,496) 1,628 16,903
Taxes payable (42,638) (75) (22,790)
Interest payable (17,421) 33,251 6,338
Other noncurrent liabilities (22,211) (896) 411
Net cash provided by operating activities 136,721 261,517 205,308
Cash flows from investing activities:      
Purchases of property and equipment (72,461) (31,870) (29,021)
Payments for acquisitions, net of cash acquired (2,975,254) (103,970) (475,949)
Withdrawal of interest previously deposited in escrow 5,063    
Proceeds from sale of stations 481,946   27,005
Proceeds received to relinquish spectrum asset 478,608    
Refund of prepaid interest previously deposited in escrow   (5,063)  
Proceeds from disposals of property and equipment 20,026 718 3,624
Net cash used in investing activities (2,062,072) (140,185) (474,341)
Cash flows from financing activities:      
Proceeds from long-term debt, net of debt discounts 4,433,981 58,000 421,950
Repayments of long-term debt (1,922,329) (80,140) (166,290)
Premium paid on debt extinguishment (18,050)    
Payments for debt financing costs (52,039) (20,707) (3,225)
Contribution from (distributions to) a noncontrolling interest, net 247 (643) 100
Purchase of treasury stock (99,008)   (48,660)
Proceeds from exercise of stock options 8,155 1,225 3,357
Common stock dividends paid (55,892) (29,445) (23,686)
Purchase of noncontrolling interests (66,901) (100)  
Payments for contingent consideration in connection with acquisitions (263,647) (2,000)  
Cash paid for shares withheld for taxes (4,099)    
Payments for capital lease obligations (7,095) (3,258) (3,009)
Net cash provided by (used in) financing activities 1,953,323 (77,068) 180,537
Net increase (decrease) in cash and cash equivalents 27,972 44,264 (88,496)
Cash and cash equivalents at beginning of period 87,680 43,416 131,912
Cash and cash equivalents at end of period 115,652 87,680 43,416
Supplemental information:      
Interest paid 213,683 99,917 70,430
Income taxes paid, net of refunds 272,689 29,391 29,060
Non-cash investing and financing activities:      
Accrued purchases of property and equipment 4,107 2,339 2,371
Noncash purchases of property and equipment 20,723 706 4,025
Accrued debt financing costs   1,019  
Proceeds from the issuance of debt directly deposited into escrow   900,000  
Consolidation of variable interest entities   $ 108,694 $ 2,956
Debt assumed in connection with a merger 434,269    
Issuance/reissuance of Class A Common Stock in connection with a merger 1,031,443    
Stock option replacement awards in connection with a merger 10,702    
Relinquishment of spectrum asset and derecognition of liability to surrender spectrum asset 34,558    
Contingent consideration payable in connection with a merger $ 12,361