XML 100 R89.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidating Financial Information Statements of Operations and Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Condensed Statement of Income Captions [Line Items]        
Operating Revenues [1] $ 498,008 $ 450,533 $ 1,431,001 $ 1,359,960
Programming and direct operating expenses 262,961 297,537 675,542 791,614
Selling, general and administrative 142,747 126,507 400,581 439,350
Depreciation and amortization 55,176 55,941 165,600 166,762
Gain on sales of spectrum 0 0 (133,197) 0
Total operating expenses 460,884 479,985 1,108,526 1,397,726
Operating Profit (Loss) [1],[2] 37,124 (29,452) 322,475 (37,766)
Income on equity investments, net 32,381 21,058 124,086 98,856
Interest and dividend income 3,239 827 7,473 1,880
Interest expense (42,842) (40,389) (125,463) (119,332)
Pension and other postretirement periodic benefit credit, net 7,035 5,703 21,104 17,111
Loss on extinguishments and modification of debt 0 (1,435) 0 (20,487)
(Loss) gain on investment transactions, net (5,001) 5,667 (1,113) 10,617
Write-downs of investment 0 0 0 (180,800)
Other non-operating items, net (282) (753) (1,769) (1,407)
Intercompany income (charges) 0 0 0 0
Income (Loss) from Continuing Operations Before Income Taxes 31,654 (38,774) 346,793 (231,328)
Income tax (benefit) expense (22,422) (20,087) 67,096 (81,606)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 0 0 0 0
Income (Loss) from Continuing Operations 54,076 (18,687) 279,697 (149,722)
Income (Loss) from Discontinued Operations, net of taxes 0 0 0 15,039
Net Income (Loss) 54,076 (18,687) 279,697 (134,683)
Net loss from continuing operations attributable to noncontrolling interests 23 0 33 0
Net Income (Loss) attributable to Tribune Media Company 54,099 (18,687) 279,730 (134,683)
Comprehensive Income (Loss) 57,988 (18,062) 290,680 (124,148)
Eliminations        
Condensed Statement of Income Captions [Line Items]        
Operating Revenues 0 0 0 0
Programming and direct operating expenses 0 0 0 0
Selling, general and administrative 0 0 0 0
Depreciation and amortization 0 0 0 0
Gain on sales of spectrum     0  
Total operating expenses 0 0 0 0
Operating Profit (Loss) 0 0 0 0
Income on equity investments, net 0 0 0 0
Interest and dividend income 0 0 0 0
Interest expense 0 0 0 0
Pension and other postretirement periodic benefit credit, net 0 0 0 0
Loss on extinguishments and modification of debt   0   0
(Loss) gain on investment transactions, net 0 0 0 0
Write-downs of investment       0
Other non-operating items, net 0 0 0 0
Intercompany income (charges) 0 0 0 0
Income (Loss) from Continuing Operations Before Income Taxes 0 0 0 0
Income tax (benefit) expense 0 0 0 0
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes (85,812) (11,717) (381,619) 48,164
Income (Loss) from Continuing Operations (85,812) (11,717) (381,619) 48,164
Income (Loss) from Discontinued Operations, net of taxes 0 0 0 1,097
Net Income (Loss) (85,812)   (381,619)  
Net loss from continuing operations attributable to noncontrolling interests 0   0  
Net Income (Loss) attributable to Tribune Media Company (85,812) (11,717) (381,619) 49,261
Comprehensive Income (Loss) (87,233) (12,300) (382,773) 30,383
Parent (Tribune Media Company) | Reportable Legal Entities        
Condensed Statement of Income Captions [Line Items]        
Operating Revenues 0 0 0 0
Programming and direct operating expenses 0 0 0 0
Selling, general and administrative 29,577 25,955 72,011 100,188
Depreciation and amortization 1,924 2,902 6,397 8,788
Gain on sales of spectrum     0  
Total operating expenses 31,501 28,857 78,408 108,976
Operating Profit (Loss) (31,501) (28,857) (78,408) (108,976)
Income on equity investments, net 0 (482) 0 (1,521)
Interest and dividend income 3,239 813 7,473 1,829
Interest expense (42,842) (40,313) (125,463) (118,929)
Pension and other postretirement periodic benefit credit, net 7,035 5,703 21,104 17,111
Loss on extinguishments and modification of debt   (1,384)   (20,436)
(Loss) gain on investment transactions, net 0 (143) 0 4,807
Write-downs of investment       0
Other non-operating items, net (282) (753) (1,769) (1,407)
Intercompany income (charges) 12,413 19,221 37,238 66,907
Income (Loss) from Continuing Operations Before Income Taxes (51,938) (46,195) (139,825) (160,615)
Income tax (benefit) expense (20,046) (15,668) (37,221) (56,260)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 85,991 11,840 382,334 (45,367)
Income (Loss) from Continuing Operations 54,099 (18,687) 279,730 (149,722)
Income (Loss) from Discontinued Operations, net of taxes 0 0 0 15,039
Net Income (Loss) 54,099   279,730  
Net loss from continuing operations attributable to noncontrolling interests 0   0  
Net Income (Loss) attributable to Tribune Media Company 54,099 (18,687) 279,730 (134,683)
Comprehensive Income (Loss) 57,988 (18,062) 290,680 (124,148)
Guarantor Subsidiaries | Reportable Legal Entities        
Condensed Statement of Income Captions [Line Items]        
Operating Revenues 495,180 448,248 1,422,620 1,352,933
Programming and direct operating expenses 262,352 296,987 673,567 785,816
Selling, general and administrative 112,388 99,673 326,324 336,566
Depreciation and amortization 50,410 49,902 150,291 148,591
Gain on sales of spectrum     (133,197)  
Total operating expenses 425,150 446,562 1,016,985 1,270,973
Operating Profit (Loss) 70,030 1,686 405,635 81,960
Income on equity investments, net 32,381 21,540 124,086 100,377
Interest and dividend income 0 14 0 51
Interest expense 0 0 0 0
Pension and other postretirement periodic benefit credit, net 0 0 0 0
Loss on extinguishments and modification of debt   0   0
(Loss) gain on investment transactions, net (5,001) 5,810 (1,113) 5,810
Write-downs of investment       (180,800)
Other non-operating items, net 0 0 0 0
Intercompany income (charges) (12,378) (19,179) (37,133) (66,756)
Income (Loss) from Continuing Operations Before Income Taxes 85,032 9,871 491,475 (59,358)
Income tax (benefit) expense 1,357 (3,562) 108,965 (21,035)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes (179) (123) (715) (2,797)
Income (Loss) from Continuing Operations 83,496 13,310 381,795 (41,120)
Income (Loss) from Discontinued Operations, net of taxes 0 0 0 (1,904)
Net Income (Loss) 83,496   381,795  
Net loss from continuing operations attributable to noncontrolling interests 0   0  
Net Income (Loss) attributable to Tribune Media Company 83,496 13,310 381,795 (43,024)
Comprehensive Income (Loss) 85,019 13,374 383,486 (37,036)
Non-Guarantor Subsidiaries | Reportable Legal Entities        
Condensed Statement of Income Captions [Line Items]        
Operating Revenues 2,828 2,285 8,381 7,027
Programming and direct operating expenses 609 550 1,975 5,798
Selling, general and administrative 782 879 2,246 2,596
Depreciation and amortization 2,842 3,137 8,912 9,383
Gain on sales of spectrum     0  
Total operating expenses 4,233 4,566 13,133 17,777
Operating Profit (Loss) (1,405) (2,281) (4,752) (10,750)
Income on equity investments, net 0 0 0 0
Interest and dividend income 0 0 0 0
Interest expense 0 (76) 0 (403)
Pension and other postretirement periodic benefit credit, net 0 0 0 0
Loss on extinguishments and modification of debt   (51)   (51)
(Loss) gain on investment transactions, net 0 0 0 0
Write-downs of investment       0
Other non-operating items, net 0 0 0 0
Intercompany income (charges) (35) (42) (105) (151)
Income (Loss) from Continuing Operations Before Income Taxes (1,440) (2,450) (4,857) (11,355)
Income tax (benefit) expense (3,733) (857) (4,648) (4,311)
Equity (deficit) in earnings of consolidated subsidiaries, net of taxes 0 0 0 0
Income (Loss) from Continuing Operations 2,293 (1,593) (209) (7,044)
Income (Loss) from Discontinued Operations, net of taxes 0 0 0 807
Net Income (Loss) 2,293   (209)  
Net loss from continuing operations attributable to noncontrolling interests 23   33  
Net Income (Loss) attributable to Tribune Media Company 2,316 (1,593) (176) (6,237)
Comprehensive Income (Loss) $ 2,214 $ (1,074) $ (713) $ 6,653
[1] (1)See Note 2 for the disclosures of operating revenues and operating loss 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, pension and other postretirement period benefit cost (credit), non-operating items, reorganization costs and income taxes.