Discontinued operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The carrying value of the assets and liabilities of our former Digital Segment’s discontinued operations as of December 31, 2016 were as follows (in thousands):

	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$	61,041
Accounts receivable, net	214,171
Property and equipment, net	74,695
Goodwill	1,488,112
Other Intangibles, net	1,718,592
Other assets	71,193
Total assets	$	3,627,804
LIABILITIES
Accounts payable and accrued liabilities	$	166,853
Deferred revenue	110,071
Deferred tax liability	280,264
Other liabilities	66,969
Total liabilities	$	624,157

The following table presents the financial results of discontinued operations (in thousands):

	2017			2016			2015
Discontinued Operations Activity	Digital			Digital			Publishing		Digital			Other			Total
Revenues	$	647,021		$	1,340,489		$	1,400,006	$	1,286,123		$	191,025		$	2,877,154
Operating expenses	923,683			1,071,028			1,262,583		1,003,259			200,746			2,466,588
(Loss) income from discontinued operations, before income taxes	(277,741		)	256,863			169,220		277,270			(36,068		)	410,422
Provision for income taxes	44,826			77,984			43,735		86,254			(12,647		)	117,342
Income (loss) from discontinued operations, net of tax	(232,916		)	178,879			125,485		191,016			(23,421		)	293,080
Net loss (income) attributable to noncontrolling interests from discontinued operations	$	58,698		$	(51,302	)	$	—	$	(63,164	)	$	—		$	(63,164	)

The depreciation, amortization, and significant cash investing items of the discontinued operations were as follows (in thousands):

	2017		2016		2015
	Digital		Digital		Publishing		Digital		Other		Total
Depreciation	$	19,569	$	34,162	$	49,542	$	28,662	$	725	$	78,929
Amortization of intangible assets	40,300		91,696		7,008		89,765		—		96,773
Capital expenditures	37,441		51,581		20,252		37,853		681		58,786
Payments for acquisitions, net of cash acquired	$	—	$	206,077	$	28,668	$	24,987	$	—	$	53,655