XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and intangible assets (Table)
9 Months Ended
Sep. 30, 2018
Goodwill and intangible assets  
Schedule of goodwill and intangible assets

 

Goodwill and intangible assets consist of the following as of September 30, 2018 and December 31, 2017 (amounts in thousands):

 

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

 

2018

 

2017

Broadcast license

 

$

41,356

 

$

41,356

Goodwill

 

 

164,887

 

 

164,887

Other intangibles

 

 

41,790

 

 

51,661

Total intangible assets

 

$

248,033

 

$

257,904

 

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 nine months ended September 30, 2018 is as follows (amounts in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Net Balance at

    

    

    

    

    

Net Balance at

 

 

December 31, 2017

 

Additions

 

Impairment

 

September 30, 2018

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 nine months ended September 30, 2018 is as follows (amounts in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Balance at

 

 

    

    

    

    

Net Balance at

 

    

December 31, 2017

    

Additions

    

Amortization

    

September 30, 2018

Affiliate relationships

 

$

32,343

 

$

 —

 

$

(9,053)

 

$

23,290

Advertiser  relationships

 

 

1,240

 

 

 —

 

 

(412)

 

 

828

Non-compete agreement

 

 

1,235

 

 

 —

 

 

(412)

 

 

823

Other intangibles

 

 

157

 

 

65

 

 

(59)

 

 

163

Total finite-lived intangibles

 

$

34,975

 

$

65

 

$

(9,936)

 

$

25,104

 

Schedule of future estimated amortization expense

 

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

 

 

 

 

 

Year Ending December 31,

    

Amount

Remainder of 2018

 

$

3,311

2019

 

 

8,508

2020

 

 

6,080

2021

 

 

5,767

2022 and thereafter

 

 

1,438

Total

 

$

25,104