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Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Jun. 30, 2017
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information
Year ended June 30, 2017
First
Quarter
 
Second 
Quarter
 
Third  
Quarter
 
Fourth 
Quarter
 
Total   
(In thousands except per share data)
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
National media
$
247,293

 
$
259,345

 
$
283,351

 
$
293,211

 
$
1,083,200

Local media
152,586

 
183,297

 
142,069

 
152,209

 
630,161

Total revenues
$
399,879

 
$
442,642

 
$
425,420

 
$
445,420

 
$
1,713,361

Operating profit
 
 
 
 
 
 
 
 
 
National media
$
24,111

 
$
46,757

 
$
41,314

 
$
34,359

 
$
146,541

Local media
50,622

 
76,815

 
41,164

 
46,319

 
214,920

Unallocated corporate
(13,971
)
 
(13,747
)
 
(12,450
)
 
(12,170
)
 
(52,338
)
Income from operations
$
60,762

 
$
109,825

 
$
70,028

 
$
68,508

 
$
309,123

 
 
 
 
 
 
 
 
 
 
Net earnings
$
33,973

 
$
71,805

 
$
39,781

 
$
43,369

 
$
188,928

 
 
 
 
 
 
 
 
 
 
Basic earnings per share
0.76

 
1.61

 
0.89

 
0.97

 
4.23

 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
0.75

 
1.58

 
0.87

 
0.95

 
4.16

 
 
 
 
 
 
 
 
 
 
Dividends per share
0.495

 
0.495

 
0.520

 
0.520

 
2.030

Year ended June 30, 2016
First
Quarter
 
Second 
Quarter
 
Third  
Quarter
 
Fourth 
Quarter
 
Total   
(In thousands except per share data)
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
National media
$
258,199

 
$
266,527

 
$
281,843

 
$
294,614

 
$
1,101,183

Local media
126,467

 
139,886

 
140,928

 
141,164

 
548,445

Total revenues
$
384,666

 
$
406,413

 
$
422,771

 
$
435,778

 
$
1,649,628

Operating profit (loss)
 
 
 
 
 
 
 
 
 
National media
$
22,803

 
$
33,583

 
$
34,781

 
$
(108,860
)
 
$
(17,693
)
Local media
29,327

 
40,441

 
46,150

 
42,563

 
158,481

Unallocated corporate
(23,118
)
 
(13,911
)
 
47,107

 
(20,257
)
 
(10,179
)
Income (loss) from operations
$
29,012

 
$
60,113

 
$
128,038

 
$
(86,554
)
 
$
130,609

 
 
 
 
 
 
 
 
 
 
Net earnings (loss)
$
11,029

 
$
32,519

 
$
80,904

 
$
(90,515
)
 
$
33,937

 
 
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
0.25

 
0.73

 
1.81

 
(2.03
)
 
0.76

 
 
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share
0.24

 
0.72

 
1.79

 
(2.03
)
 
0.75

 
 
 
 
 
 
 
 
 
 
Dividends per share
0.4575

 
0.4575

 
0.4950

 
0.4950

 
1.9050