Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

Business Combination, Separately Recognized Transactions [Line Items]

Pro forma results of operations, assuming the Granite and Journal transactions (collectively the "Acquired Stations") had taken place at the beginning of 2013 and 2014, respectively, are included in the following table. The pro forma results do not include Midroll, Newsy or Weathersphere as the impact of these acquisitions, individually or in the aggregate, are not material to prior year results of operations. The pro forma information includes the historical results of operations of Scripps and the Acquired Stations and adjustments for additional depreciation and amortization of the assets acquired, additional interest expense related to the financing of the transaction and reflecting the transaction costs incurred in 2015 as if they were incurred in the first quarter of 2014. The weighted average shares utilized in calculating the earnings per share assumes that the shares issued to the Journal shareholders were issued on January 1, 2014. The pro forma information does not include efficiencies, cost reductions or synergies expected to result from the acquisition. The unaudited pro forma financial information is not necessarily indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the period.



	Three Months Ended September 30,					Nine Months Ended September 30,
(in thousands, except per share data) (unaudited)	2015			2014		2015			2014

Operating revenues	$	189,691		$	192,621	$	573,310		$	560,097
(Loss) income from continuing operations attributable to the shareholders of The E.W. Scripps Company	(23,606		)	6,093		(17,028		)	(18,586		)
(Loss) income per share from operations attributable to the shareholders of The E.W. Scripps Company:
Basic	$	(0.27	)	0.07		$	(0.19	)	(0.23		)
Diluted	(0.27		)	0.07		(0.19		)	(0.23		)

Midroll Media

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair values of the assets acquired and the liabilities assumed:



(in thousands)

Assets:
Cash	$	632
Accounts receivable	2,925
Other assets	518
Intangible assets	10,700
Goodwill	43,176
Total assets acquired	57,951
Current liabilities	3,365
Net purchase price	$	54,586

Journal Communications, Inc.

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

Pending the finalization of third-party valuations and other items, the following table summarizes the preliminary fair values of the assets acquired and the liabilities assumed:



(in thousands)

Assets:
Cash	$	2,530
Accounts receivable	47,977
Other current assets	2,236
Property, plant and equipment	123,264
Intangible assets	295,000
Goodwill	459,405
Other long-term assets	6,351
Assets held for sale	14,500
Total assets acquired	951,263
Accounts payable and accrued liabilities	43,262
Employee benefit obligations	85,261
Deferred tax liability	55,054
Long-term debt	126,873
Other long-term liabilities	4,813
Net purchase price	$	636,000

Detroit MyNetworkTV affiliate and Buffalo ABC affiliate

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

The following table summarizes their final fair values.



(in thousands)

Assets:
Property, plant and equipment	$	12,025
Intangible assets	53,500
Goodwill	44,715
Total assets acquired	110,240
Current liabilities	240
Net purchase price	$	110,000

Media Convergence Group (Newsy)

Business Combination, Separately Recognized Transactions [Line Items]

Fair values of the assets acquired and the liabilities assumed

The following table summarizes their final fair values.



(in thousands)

Assets:
Accounts receivable	$	640
Other assets	74
Equipment and software	631
Intangible assets	5,900
Goodwill	28,983
Total assets acquired	36,228
Current liabilities	116
Long-term deferred liability	890
Net purchase price	$	35,222