Retirement and Postretirement Plans (Tables)

9 Months Ended

Sep. 30, 2020

Compensation And Retirement Disclosure [Abstract]

Summary of Components of Net Periodic Benefit Cost (Credit)

The following tables provide the components of net periodic benefit cost (credit) for Nexstar’s pension and other postretirement benefit plans (“OPEB”) (in thousands):

	Media General											Tribune
	Pension Benefits						OPEB					Pension Benefits						OPEB
	Three Months Ended September 30,						Three Months Ended September 30,					Three Months Ended September 30,						Three Months Ended September 30,
	2020			2019			2020			2019		2020			2019			2020		2019
Service cost	$	-		$	-		$	5		$	-	$	248		$	32		$	-	$	-
Interest cost		2,925			3,875			138			200		13,374			1,841			33		5
Expected return on plan assets		(4,925	)		(5,475	)		-			-		(22,341	)		(3,024	)		-		-
Amortization of prior service costs		-			-			(13	)		-		-			-			-		-
Amortization of net loss		-			-			43			-		-			-			-		-
Net periodic benefit cost (credit)	$	(2,000	)	$	(1,600	)	$	173		$	200	$	(8,719	)	$	(1,151	)	$	33	$	5
	Media General											Tribune
	Pension Benefits						OPEB					Pension Benefits						OPEB
	Nine Months Ended September 30,						Nine Months Ended September 30,					Nine Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019		2020			2019			2020		2019
Service cost	$	-		$	-		$	15		$	-	$	744		$	32		$	-	$	-
Interest cost		8,775			11,625			413			600		40,122			1,841			99		5
Expected return on plan assets		(14,775	)		(16,425	)		-			-		(67,023	)		(3,024	)		-		-
Amortization of prior service costs		-			-			(38	)		-		-			-			-		-
Amortization of net loss		-			-			128			-		-			-			-		-
Net periodic benefit cost (credit)	$	(6,000	)	$	(4,800	)	$	518		$	600	$	(26,157	)	$	(1,151	)	$	99	$	5