ACQUISITIONS AND DISPOSITION OF ASSETS (Tables)

3 Months Ended

Mar. 31, 2018

Business Combinations [Abstract]

Schedule of allocated fair value of acquired assets and liabilities assumed

The following table summarizes the allocated fair value of acquired assets and assumed liabilities (in thousands):

Accounts receivable	$	14,536
Prepaid expenses and other current assets	699
Program contract costs	988
Property and equipment	27,295
Definite-lived intangible assets	161,936
Indefinite-lived intangible assets	425
Other assets	3,609
Accounts payable and accrued liabilities	(8,846		)
Program contracts payable	(988		)
Deferred tax liability	(66,158		)
Other long term liabilities	(12,156		)
Fair value of identifiable, net assets acquired	121,340
Goodwill	120,812
Total purchase price, net of cash acquired	$	242,152

Summary of Pro Forma Information

The following table sets forth unaudited pro forma results of operations, assuming that Bonten, along with transactions necessary to finance the acquisition, occurred at the beginning of the year preceding the year of acquisition. The pro forma results exclude the Other 2017 Acquisitions discussed above, as they are not material both individually and in the aggregate (in thousands, except per share data):

	Three months ended March 31,
	2017
Total revenues	$	646,818
Net income	$	71,108
Net income attributable to Sinclair Broadcast Group	$	57,607
Basic earnings per share attributable to Sinclair Broadcast Group	$	0.62
Diluted earnings per share attributable to Sinclair Broadcast Group	$	0.61

Disposal Groups, Including Discontinued Operations

As of March 31, 2018, the major classes of assets and liabilities reported as held for sale on the accompanying consolidated balance sheets are shown below (in thousands):

Current assets	$	1,778
Property and equipment	17,537
Goodwill and indefinite-lived intangible assets	104,916
Definite-lived intangible assets	28,582
Other non-current assets	67
Assets held for sale	$	152,880
Current liabilities	$	4,278
Non-current liabilities	7,932
Liabilities held for sale	$	12,210