XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 41,091 $ 43,920
Trade accounts receivable (less allowance for doubtful accounts 2015 - $4,634; 2014 - $5,475) 298,474 277,985
Restricted cash at qualified intermediary 0 119,903
Prepaid expenses and other current assets 15,083 26,282
Total current assets 354,648 468,090
Property and equipment, net 470,537 499,472
Other assets, net 70,314 78,999
Definite lived intangible assets, net 871,129 956,300
Broadcast licenses 1,097,100 1,097,100
Goodwill 1,544,624 1,597,486
Total assets [1] 4,408,352 4,697,447
Current liabilities:    
Trade accounts payable 35,800 36,359
Accrued salaries and wages 21,465 36,634
Other accrued expenses and other current liabilities 95,500 104,092
Current installments of long-term debt 3,804 11,781
Current installments of obligation under capital leases 859 815
Total current liabilities 157,428 189,681
Long-term debt 2,231,354 2,400,162
Deferred tax liability 315,234 308,535
Long-term capital lease obligations 14,012 14,869
Retirement and postretirement plans 182,987 211,264
Other liabilities 34,920 38,034
Total liabilities [2] 2,935,935 3,162,545
Noncontrolling interests 24,447 34,481
Stockholders' equity:    
Preferred stock (no par value): authorized 50,000,000 shares; none outstanding 0 0
Accumulated other comprehensive income (loss) (31,224) (36,445)
Retained earnings 174,039 214,582
Total stockholders' equity 1,447,970 1,500,421
Total liabilities, noncontrolling interest and stockholders' equity (deficit) 4,408,352 4,697,447
Total assets of variable interest entities (VIE) 145,000 151,000
Total liabilities of variable interest entities (VIE) 39,000 43,000
Voting Common Stock [Member]    
Stockholders' equity:    
Voting common stock, authorized 400,000,000 shares; issued 128,600,384 and129,931,812, Non-voting common stock, authorized 400,000,000 shares, none outstanding 1,305,155 1,322,284
Nonvoting Common Stock [Member]    
Stockholders' equity:    
Voting common stock, authorized 400,000,000 shares; issued 128,600,384 and129,931,812, Non-voting common stock, authorized 400,000,000 shares, none outstanding $ 0 $ 0
[1] Consolidated assets as of December 31, 2015, and 2014, include total assets of variable interest entities (VIEs) of $145 million and $151 million, respectively, which can only be used to settle the obligations of the VIEs. See Note 1: Summary of Significant Accounting Policies.
[2] Consolidated liabilities as of December 31, 2015, and 2014, include total liabilities of VIEs of $39 million and $43 million, respectively, for which the creditors of the VIEs have no recourse to the Company, except for certain of the debt, which the Company guarantees. See Note 1 and Note 4.