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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 39,301,000 $ 48,061,000 $ 18,288,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 36,712,000 30,248,000 24,096,000
Amortization of Intangible Assets 11,982,000 8,297,000 336,000
Amortization of deferred loan costs 3,194,000 2,970,000 1,903,000
Net amortization of original issue discount and premium related long-term debt (863,000) (863,000) (9,000)
Amortization of restricted stock and stock option awards 4,019,000 5,012,000 1,974,000
Loss from early extinguishment of debt 0 5,086,000 0
Amortization of program broadcast rights 14,960,000 12,871,000 11,367,000
Payments on program broadcast obligations (14,576,000) (15,087,000) (11,433,000)
Common stock contributed to 401(k) plan 26,000 25,000 28,000
Deferred revenue, network compensation 0 0 (615,000)
Deferred income taxes 25,770,000 30,938,000 13,165,000
Loss on disposals of assets, net 80,000 623,000 765,000
Other (2,568,000) (778,000) 3,460,000
Changes in operating assets and liabilities:      
Accounts receivable (14,787,000) (17,442,000) (7,391,000)
Other current assets (3,705,000) 4,898,000 (1,951,000)
Accounts payable (141,000) 2,197,000 133,000
Employee compensation, benefits and pension costs 3,528,000 6,964,000 6,915,000
Accrued network fees and other expenses 12,684,000 1,685,000 (2,385,000)
Accrued interest (4,907,000) 4,920,000 2,489,000
Income taxes payable (1,123,000) 345,000 (362,000)
Deferred revenue, current portion (3,972,000) 3,249,000 (534,000)
Net cash provided by operating activities 105,614,000 134,219,000 60,239,000
Investing activities      
Acquisitions of television businesses and licenses (185,126,000) (461,185,000) (36,623,000)
Purchases of property and equipment (24,222,000) (32,215,000) (24,053,000)
Proceeds from asset sales 3,115,000 1,508,000 236,000
Payments of acquisition related liabilities (91,000) (10,000,000) (93,000)
Other (58,000) 0 6,000
Net cash used in investing activities (206,382,000) (501,892,000) (60,527,000)
Financing activities      
Proceeds from borrowings on long-term debt 0 644,000,000 390,926,000
Repayments of borrowings on long-term debt 0 (249,623,000) (381,003,000)
Proceeds from issuance of common stock 167,313,000 0 280,000
Deferred and other loan costs 4,000 (9,413,000) (7,504,000)
Net cash provided by financing activities 167,317,000 384,964,000 2,699,000
Net increase in cash 66,549,000 17,291,000 2,411,000
Cash at beginning of period 30,769,000 13,478,000 11,067,000
Cash at end of period $ 97,318,000 $ 30,769,000 $ 13,478,000