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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 34,521 $ 59,565
Short-term investments 94,969 117,457
Trade accounts receivable, net of allowance for doubtful accounts (December 31, 2010-$780; June 30, 2011-$672) 24,556 35,516
Taxes reclaimable 18,045 16,151
Prepayments 60,068 37,766
Programming rights, net 83,416 95,026
Deferred tax assets 19,565 23,228
Other current assets 784 911
TOTAL CURRENT ASSETS 335,924 385,620
PROPERTY AND EQUIPMENT, net 53,779 44,149
INTANGIBLE ASSETS, net:    
Broadcasting licenses 208,800 172,469
Cable network connections 29,991 29,474
Trade names 18,417 16,956
Network affiliation agreements 3,646 4,479
Other intangible assets 3,584 3,309
Net intangible assets 264,438 226,687
GOODWILL 258,043 237,875
PROGRAMMING RIGHTS, net 108,638 75,633
INVESTMENTS IN AND ADVANCES TO INVESTEES 6,236 5,455
PREPAYMENTS 3,240 4,703
DEFERRED TAX ASSETS 29,228 18,127
RESTRICTED CASH 3,377  
OTHER NON-CURRENT ASSETS 440 1,211
TOTAL ASSETS 1,063,343 999,460
CURRENT LIABILITIES:    
Accounts payable 64,038 73,665
Accrued liabilities 28,577 33,603
Taxes payable 21,511 37,643
Deferred revenue 6,185 12,393
Deferred tax liabilities 11,637 9,457
TOTAL CURRENT LIABILITIES 131,948 166,761
DEFERRED TAX LIABILITIES 45,456 38,058
COMMITMENTS AND CONTINGENCIES (Note 10)    
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value; shares authorized 175,772,173; shares issued and outstanding December 31, 2010-156,955,746; June 30, 2011-157,291,425) 1,572 1,569
Additional paid-in capital 476,169 457,521
Retained earnings 399,543 397,997
Accumulated other comprehensive income/(loss) 3,644 (64,063)
Non-controlling interest 5,011 1,617
TOTAL STOCKHOLDERS' EQUITY 885,939 794,641
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,063,343 $ 999,460