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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Estimated useful lives of property, plant and equipment
We compute depreciation using the straight-line method over estimated useful lives as follows:
Buildings and improvements
15 to 45 years
Leasehold improvements
Shorter of term of lease or useful life
Broadcast transmission towers and related equipment
15 to 35 years
Other broadcast and program production equipment
3 to 15 years
Computer hardware
3 to 5 years
Office and other equipment
3 to 10 years
Property, plant and equipment consisted of the following:
 
 
As of December 31,
(in thousands)
 
2015
 
2014
 
 
 
 
 
Land and improvements
 
$
59,176

 
$
30,047

Buildings and improvements
 
141,510

 
101,252

Equipment
 
303,867

 
235,715

Computer software
 
17,664

 
17,819

Total
 
522,217

 
384,833

Accumulated depreciation
 
251,170

 
226,992

Net property, plant and equipment
 
$
271,047

 
$
157,841

Schedule of allowance for doubtful accounts
A rollforward of the allowance for doubtful accounts is as follows:
(in thousands)
 
 
 
 
 
January 1, 2013
 
$
1,815

Charged to revenues, costs and expenses
 
167

Amounts charged off, net
 
(862
)
Balance as of December 31, 2013
 
1,120

Charged to revenues, costs and expenses
 
1,073

Amounts charged off, net
 
(803
)
Balance as of December 31, 2014
 
1,390

Charged to revenues, costs and expenses
 
1,412

Amounts charged off, net
 
(1,192
)
Balance as of December 31, 2015
 
$
1,610

Components of basic and diluted weighted-average shares
The following table presents information about basic and diluted weighted-average shares outstanding:
 
 
For the years ended December 31,
(in thousands)
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
Numerator (for basic and diluted earnings per share)
 
 
 
 
 
 
Net (loss) income
 
$
(82,477
)
 
$
10,529

 
$
(474
)
Less income allocated to RSUs
 


(240
)
 

Numerator for basic and diluted earnings per share
 
$
(82,477
)
 
$
10,289

 
$
(474
)
Denominator
 
 
 
 
 
 
Basic weighted-average shares outstanding
 
77,373


56,342

 
56,516

Effect of dilutive securities:
 
 
 
 
 
 
Stock options held by employees and directors
 


897

 

Diluted weighted-average shares outstanding
 
77,373

 
57,239

 
56,516

Anti-dilutive securities(1)
 
1,907

 

 
4,957

(1) 
Amount outstanding at Balance Sheet date, before application of the treasury stock method and not weighted for period outstanding.