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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents (Note 4) $ 30,657 $ 12,331
Short-term investments (Note 4) 98,815 117,233
Trade accounts receivable, net of allowance for doubtful accounts (December 31, 2011-$977; March 31, 2012-$1,145) 36,154 21,831
Taxes reclaimable 25,010 20,311
Prepayments 59,665 57,091
Programming rights, net (Note 5) 126,691 106,947
Deferred tax assets 24,743 20,086
Other current assets 2,764 1,351
TOTAL CURRENT ASSETS 404,499 357,181
PROPERTY AND EQUIPMENT, net 48,956 46,299
INTANGIBLE ASSETS, net:    
Broadcasting licenses 174,089 159,369
Cable network connections 29,439 28,148
Trade names 5,724 5,213
Network affiliation agreements 1,745 2,120
Other intangible assets 3,346 3,197
Net intangible assets 214,343 198,047
GOODWILL (Note 6) 180,439 164,375
PROGRAMMING RIGHTS, net (Note 5) 94,757 92,134
INVESTMENTS IN AND ADVANCES TO INVESTEES 5,559 5,041
PREPAYMENTS 5,274 3,012
DEFERRED TAX ASSETS 27,309 26,015
OTHER NON-CURRENT ASSETS 2,420 997
TOTAL ASSETS 983,556 893,101
CURRENT LIABILITIES:    
Bank overdraft (Note 4) 18,457 16,941
Accounts payable 72,612 69,891
Accrued liabilities 27,967 21,393
Taxes payable 18,888 31,905
Deferred revenue 6,936 7,367
Deferred tax liabilities 12,844 12,613
TOTAL CURRENT LIABILITIES 157,704 160,110
DEFERRED TAX LIABILITIES 40,148 35,783
COMMITMENTS AND CONTINGENCIES (Note 10)      
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value; shares authorized 175,772,173; shares issued and outstanding December 31, 2011-157,320,070; March 31, 2012- 158,160,719) 1,582 1,573
Additional paid-in capital 488,360 481,969
Retained earnings 334,245 322,184
Accumulated other comprehensive loss (42,547) (111,754)
Non-controlling interest 4,064 3,236
TOTAL STOCKHOLDERS' EQUITY 785,704 697,208
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 983,556 $ 893,101