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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consist of the following at March 31, 2015 and December 31, 2014 (amounts in thousands):

 

 

 

March 31, 2015

 

December 31, 2014

 

Broadcast license

 

$

41,356 

 

$

41,356 

 

Goodwill

 

164,887 

 

164,887 

 

Other intangibles

 

88,178 

 

91,611 

 

Total intangible assets

 

$

294,421 

 

$

297,854 

 

 

Summary of the changes in goodwill and other indefinite lived intangible assets

A summary of changes in the Company’s goodwill and other indefinite lived intangible assets, on a net basis, for the three-months ended March 31, 2015 is as follows (amounts in thousands):

 

 

 

Net Balance at
December 31, 2014

 

Additions

 

Impairment

 

Net Balance at
March 31, 2015

 

Broadcast license

 

$

41,356 

 

$

 

$

 

$

41,356 

 

Goodwill

 

164,887 

 

 

 

164,887 

 

Brands

 

15,986 

 

 

 

15,986 

 

Other intangibles

 

700 

 

 

 

700 

 

Total indefinite-lived intangibles

 

$

222,929 

 

$

 

$

 

$

222,929 

 

 

Summary of the changes in other amortizable intangible assets

A summary of the changes in the Company’s other amortizable intangible assets for the three-months ended March 31, 2015 is as follows (amounts in thousands):

 

 

 

Net Balance at
December 31, 2014

 

Additions

 

Amortization

 

Net Balance at
March 31, 2015

 

Affiliate relationships

 

$

69,064

 

$

 

$

(3,075

)

$

65,989

 

Advertiser Relationships

 

2,896

 

 

(138

)

2,758

 

Non-Compete Agreement

 

2,882

 

 

(137

)

2,745

 

Other intangibles

 

83

 

 

(83

)

 

Total finite-lived intangibles

 

$

74,925

 

$

 

$

(3,433

)

$

71,492

 

 

Schedule of future estimated amortization expense

Future estimated amortization expense is as follows (amounts in thousands):

 

Year Ending December 31,

 

Amount

 

2015

 

$

10,049 

 

2016

 

13,399 

 

2017

 

13,227 

 

2018

 

13,169 

 

2019

 

8,432 

 

2020 and thereafter

 

13,216 

 

 

 

$

71,492