XML 16 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets:    
Cash $ 325,189 $ 97,318
Accounts receivable, less allowance for doubtful accounts of $3,163 and $1,794, respectively 146,811 121,473
Deferred tax asset 30,826 49,690
Prepaid taxes 14,641
Prepaid and other current assets 5,109 6,462
Total current assets 536,311 285,454
Property and equipment, net 326,093 234,475
Broadcast licenses 1,340,305 1,114,626
Goodwill 485,318 423,236
Other intangible assets, net 56,250 53,280
Investments in broadcasting and technology companies 16,599 13,599
Other 22,455 3,038
Total assets 2,783,331 2,127,708
Liabilities and stockholders’ equity:    
Accounts payable 5,257 4,532
Employee compensation and benefits 31,367 28,983
Accrued interest 32,453 12,717
Other accrued expenses 13,802 14,370
Federal and state income taxes 2,916 771
Deferred revenue 4,706 3,514
Total current liabilities 119,407 87,617
Long-term debt, less current portion 1,756,747 1,220,084
Program broadcast obligations, less current portion 4,995 2,171
Deferred income taxes 373,837 351,546
Accrued pension costs 34,047 36,337
Other 1,437 679
Total liabilities 2,290,470 1,698,434
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock 658,135 655,446
Accumulated deficit (101,365) (163,638)
Accumulated other comprehensive loss, net of income tax benefit (17,645) (17,284)
Stockholders' equity before treasury stock 560,889 493,849
Treasury stock at cost (44,688) (41,890)
Total stockholders’ equity 492,861 429,274
Total liabilities and stockholders’ equity 2,783,331 2,127,708
Common Class A [Member]    
Stockholders’ equity:    
Common stock 21,764 19,325
Treasury stock at cost (23,340) (22,685)
Network Programming Obligations, Current [Member]    
Liabilities and stockholders’ equity:    
Accrued network programming fees 14,982 11,945
Syndicated Program Film Obliagtions, Current [Member]    
Liabilities and stockholders’ equity:    
Accrued network programming fees 13,924 10,785
Syndicated Program Film Rights, Current [Member]    
Assets:    
Current portion of program broadcast rights, net $ 13,735 $ 10,511