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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 24,314,000 $ 16,808,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 26,906,000 21,598,000
Amortization of Intangible Assets 8,715,000 5,291,000
Amortization of deferred loan costs 2,396,000 2,158,000
Amortization of original issue discount and premium related to long-term debt, net (647,000) (647,000)
Amortization of restricted stock and stock option awards 3,011,000 4,032,000
Amortization of program broadcast rights 10,837,000 9,227,000
Payments on program broadcast obligations (10,558,000) (11,194,000)
Common stock contributed to 401(k) plan 19,000 19,000
Deferred income taxes 16,040,000 10,333,000
Loss on disposals of assets, net 562,000 385,000
Loss from early extinguishment of debt 0 4,897,000
Other 48,000 (233,000)
Changes in operating assets and liabilities:    
Receivables (4,120,000) (7,300,000)
Other current assets (1,841,000) (772,000)
Accounts payable (233,000) 2,881,000
Other current liabilities (481,000) 13,166,000
Accrued interest 7,750,000 17,755,000
Net cash provided by operating activities 82,718,000 88,404,000
Investing activities    
Purchases of property and equipment (15,250,000) (20,452,000)
Acquisitions of television businesses and broadcast licenses (184,346,000) (457,754,000)
Proceeds from asset sales 111,000 1,162,000
Other (150,000) (22,000)
Net cash used in investing activities (199,635,000) (477,066,000)
Financing activities    
Proceeds from borrowings on long-term debt 0 644,000,000
Repayments of borrowings on long-term debt 0 (179,758,000)
Proceeds from issuance of common stock 167,313,000 0
Deferred and other loan costs 4,000 (9,251,000)
Net cash provided by financing activities 167,317,000 454,991,000
Net increase in cash 50,400,000 66,329,000
Cash at beginning of period 30,769,000 13,478,000
Cash at end of period $ 81,169,000 $ 79,807,000