ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of allocated fair value of acquired assets and liabilities assumed

The following tables summarize the allocated fair value of acquired assets and assumed liabilities, including the net assets of consolidated VIEs (in thousands):



	MEG Stations			KSNV			Allbritton			Other			Total 2014 acquisitions
Accounts receivable	$	—		$	—		$	38,542		$	—		$	38,542
Prepaid expenses and other current assets	476			67			19,890			79			20,512
Program contract costs	1,954			482			1,204			2,561			6,201
Property and equipment	23,462			8,300			46,600			8,400			86,762
Broadcast licenses	675			—			13,700			125			14,500
Definite-lived intangible assets	125,925			62,700			564,100			71,025			823,750
Other assets	—			—			20,352			1,500			21,852
Assets held for sale	—			—			83,200			—			83,200
Accounts payable and accrued liabilities	(2,085		)	(277		)	(8,351		)	(1,143		)	(11,856		)
Program contracts payable	(1,914		)	(481		)	(1,140		)	(2,554		)	(6,089		)
Deferred tax liability	—			—			(261,291		)	—			(261,291		)
Other long term liabilities	—			(1,200		)	(17,263		)	—			(18,463		)
Fair value of identifiable net assets acquired	148,493			69,591			499,543			79,993			797,620
Goodwill	57,398			48,699			535,694			42,443			684,234
Total	$	205,891		$	118,290		$	1,035,237		$	122,436		$	1,481,854

Schedule of allocated to definite-lived intangible assets

The following tables summarize the amounts allocated to definite-lived intangible assets representing the estimated fair values and estimated goodwill deductible for tax purposes (in thousands):



	MEG Stations		KSNV		Allbritton		Other		Total 2014 acquisitions
Network affiliations	$	56,925	$	44,775	$	356,900	$	42,625	$	501,225
Customer relationships	46,500		17,925		207,200		27,400		299,025
Other intangible assets	22,500		—		—		1,000		23,500
Fair value of identifiable definite-lived intangible assets acquired	$	125,925	$	62,700	$	564,100	$	71,025	$	823,750
Estimated goodwill deductible for tax purposes	$	57,398	$	48,699	$	—	$	42,443	$	148,540

Schedule of unaudited pro forma results of operations

The following table sets forth unaudited pro forma results of operations for the three and nine months ended September 30, 2014, assuming that the above acquisitions, along with transactions necessary to finance the acquisitions, occurred at the beginning of the year preceding the year of acquisition. The pro forma results exclude acquisitions presented under Other above, as they were deemed not material both individually and in the aggregate (in thousands, except per share data):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2014		2014
Total revenues	$	526,587	$	1,527,507
Net Income	$	37,081	$	97,909
Net Income attributable to Sinclair Broadcast Group	$	36,654	$	96,717
Basic earnings per share attributable to Sinclair Broadcast Group	$	0.38	$	0.99
Diluted earnings per share attributable to Sinclair Broadcast Group	$	0.37	$	0.98