XML 155 R135.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 29, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 28, 2014
Segment Reporting Information [Line Items]                      
Total operating revenues $ 529,624 $ 470,038 $ 479,796 $ 468,472 $ 478,009 $ 442,975 $ 458,416 $ 422,567 $ 1,947,930 [1] $ 1,801,967 [1] $ 1,780,625 [1]
Total operating profit 113,206 234,170 56,206 29,992 (396,926) 45,036 25,148 57,407 433,574 [1],[2] (269,335) [1],[2] 304,824 [1],[2]
Income on equity investments, net 33,861 31,737 44,306 38,252 27,125 36,987 45,913 36,934 148,156 146,959 236,713
Interest and dividend income 390 476 228 132 246 148 0 326 1,226 720 1,264
Interest expense (38,211) (38,296) (38,071) (38,141) (38,473) (38,659) (36,315) (35,140) (152,719) (148,587) (141,629)
Loss on extinguishment of debt         0 0 (37,040) 0 0 (37,040) 0
Gain on investment transactions, net         103 [3] 3,250 [3] 8,133 [3] 687 [3] 0 12,173 [3] 371,785
Other non-operating gain (loss), net 4,949 [3] 57 [3] (75) [3] 496 [3] 5,623 [3] 1,396 [3] 209 [3] 0 [3] 5,427 [3] 7,228 [3] (4,804)
Reorganization items, net (188) [4] (434) [4] (366) [4] (434) [4] (105) [4] 188 [4] (628) [4] (992) [4] (1,422) [4] (1,537) [4] (7,268)
Income (Loss) from Continuing Operations Before Income Taxes 114,007 227,710 62,228 30,297 (402,407) 48,346 5,420 59,222 434,242 (289,419) 760,885
Income tax expense 43,280 73,871 214,856 15,195 (13,829) 14,510 2,624 22,613 347,202 25,918 284,266
Net Income (Loss) from Continuing Operations 70,727 153,839 (152,628) 15,102 (388,578) 33,836 2,796 36,609 87,040 (315,337) 476,619
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (51,776) (8,074) (8,935) (4,009) 7,650 (5,978) (6,061) (192) (72,794) (4,581) 44
Net Income (Loss) $ 18,951 $ 145,765 $ (161,563) $ 11,093 $ (380,928) $ 27,858 $ (3,265) $ 36,417 $ 14,246 $ (319,918) $ 476,663
Continuing Operations $ 0.81 $ 1.71 $ (1.66) $ 0.16 $ (4.15) $ 0.35 $ 0.03 $ 0.37 $ 0.96 $ (3.33) $ 4.76
Discontinued Operations (0.59) (0.09) (0.10) (0.04) 0.08 (0.06) (0.07) 0.00 (0.80) (0.05) 0.00
Net Earnings (Loss) Per Common Share 0.22 1.62 (1.76) 0.12 (4.07) 0.29 (0.04) 0.37 0.16 (3.38) 4.76
Continuing Operations 0.81 1.70 (1.66) 0.16 (4.15) 0.35 0.03 0.37 0.96 (3.33) 4.75
Discontinued Operations (0.59) (0.09) (0.10) (0.04) 0.08 (0.06) (0.07) 0.00 (0.80) (0.05) 0.00
Net Earnings (Loss) Per Common Share $ 0.22 $ 1.61 $ (1.76) $ 0.12 $ (4.07) $ 0.29 $ (0.04) $ 0.37 $ 0.16 $ (3.38) $ 4.75
Operating Segments | Television and Entertainment                      
Segment Reporting Information [Line Items]                      
Total operating revenues $ 525,723 $ 460,164 $ 468,134 $ 455,875 $ 465,525 $ 430,610 $ 446,107 $ 410,300 $ 1,909,896 [1] $ 1,752,542 [1] $ 1,725,641 [1]
Total operating profit 136,862 46,024 83,346 58,605 (365,244) 63,696 47,060 79,348 324,837 [1],[2] (175,140) [1],[2] 337,431 [1],[2]
Corporate, Non-Segment                      
Segment Reporting Information [Line Items]                      
Total operating revenues 3,901 9,874 11,662 12,597 12,484 12,365 12,309 12,267 38,034 [1] 49,425 [1] 54,984 [1]
Total operating profit $ (23,656) $ 188,146 $ (27,140) $ (28,613) $ (31,682) $ (18,660) $ (21,912) $ (21,941) $ 108,737 [1],[2] $ (94,195) [1],[2] $ (32,607) [1],[2]
[1] (1)See Note 2 for the disclosures of operating revenues and operating profit included in discontinued operations for the historical periods.
[2] (2)Operating profit (loss) for each segment excludes income and loss on equity investments, interest and dividend income, interest expense, non-operating items, reorganization costs and income taxes.
[3] See Note 5 to the Company’s consolidated financial statements for information pertaining to non-operating items recorded in 2016 and 2015.
[4] See Note 3 to the Company’s consolidated financial statements for information pertaining to reorganization items recorded in 2016 and 2015.