XML 112 R98.htm IDEA: XBRL DOCUMENT v3.10.0.1
SEGMENT DATA - Segment Financial Information (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Segment data                        
Revenue   $ 893,325 $ 766,261 $ 730,143 $ 665,352 $ 712,512 $ 644,532 $ 652,235 $ 626,936 $ 3,055,081 $ 2,636,215 $ 2,622,510
Depreciation of property and equipment                   105,240 97,103 [1] 98,529 [1]
Amortization of definite-lived intangible assets and other assets                   174,848 178,822 [1] 183,795 [1]
Amortization of program contract costs and net realizable value adjustments                   100,899 115,523 127,880
General and administrative overhead expenses                   111,070 113,253 73,556
Gain on asset dispositions and other, net of impairment                   (40,063) (278,872) (6,029)
Operating income   262,954 $ 157,810 $ 131,583 $ 107,314 357,581 $ 103,447 $ 118,849 $ 157,629 659,661 737,506 602,853
Interest expense                   291,976 212,315 211,143
(Loss) income from equity method investments                   (60,831) (14,307) 906
Goodwill   2,123,902       2,124,033       2,123,902 2,124,033 1,990,746
Assets [2]   6,572,092       6,784,470       6,572,092 6,784,470  
Capital expenditures                   105,061 83,812 [1] 94,465 [1]
Broadcast                        
Segment data                        
Revenue                   2,714,663 2,393,641 2,416,985
Goodwill   2,054,779       2,053,410       2,054,779 2,053,410 1,933,831
Other operating divisions segment                        
Segment data                        
Revenue                   340,418 242,574 205,525
Goodwill   69,123       70,623       69,123 70,623 56,915
Operating segments | Broadcast                        
Segment data                        
Revenue                   2,714,663 2,393,641 2,416,985
Depreciation of property and equipment                   97,703 88,751 91,573
Amortization of definite-lived intangible assets and other assets                   153,720 155,640 155,479
Amortization of program contract costs and net realizable value adjustments                   100,899 115,523 127,880
General and administrative overhead expenses                   100,241 101,680 67,035
Gain on asset dispositions and other, net of impairment                   (99,977) (225,770) (4,647)
Operating income                   751,341 724,110 639,422
Interest expense                   5,734 5,285 5,641
(Loss) income from equity method investments                   0 0 0
Goodwill   2,054,779       2,053,410       2,054,779 2,053,410  
Assets   4,797,420       5,267,986       4,797,420 5,267,986  
Capital expenditures                   94,812 63,163  
Operating segments | Other operating divisions segment                        
Segment data                        
Revenue                   340,418 242,574 205,525
Depreciation of property and equipment                   7,461 7,368 5,772
Amortization of definite-lived intangible assets and other assets                   21,128 23,182 28,316
Amortization of program contract costs and net realizable value adjustments                   0 0 0
General and administrative overhead expenses                   913 1,009 2,459
Gain on asset dispositions and other, net of impairment                   60,032 (53,102) (1,427)
Operating income                   (81,805) 24,943 (31,258)
Interest expense                   803 1,835 6,371
(Loss) income from equity method investments                   (60,831) (14,307) 906
Goodwill   69,123       70,623       69,123 70,623  
Assets   720,704       769,919       720,704 769,919  
Capital expenditures                   5,155 5,546  
Corporate                        
Segment data                        
Revenue                   0 0 0
Depreciation of property and equipment                   76 984 1,184
Amortization of definite-lived intangible assets and other assets                   0 0 0
Amortization of program contract costs and net realizable value adjustments                   0 0 0
General and administrative overhead expenses                   9,916 10,564 4,062
Gain on asset dispositions and other, net of impairment                   (118) 0 45
Operating income                   (9,875) (11,547) (5,311)
Interest expense                   285,439 205,195 199,131
(Loss) income from equity method investments                   0 0 $ 0
Goodwill   0       0       0 0  
Assets   $ 1,053,968       $ 746,565       1,053,968 746,565  
Capital expenditures                   5,094 15,103  
Spectrum Auction                        
Segment data                        
Gain on asset dispositions and other, net of impairment                   (83,300) (225,300)  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Alarm Funding Associates                        
Segment data                        
Gain recognized on sale of broadcast assets $ 53,000                   53,000  
Gain (loss) on disposal, attributable to non-controlling interest $ 12,300                   $ 12,300  
Consolidated Real Estate Development Project                        
Segment data                        
Asset impairment charges                   59,600    
Consolidated Real Estate Development Project | Operating segments | Other operating divisions segment                        
Segment data                        
Asset impairment charges                   $ 59,600    
[1] See Recent Accounting Pronouncements within Note 1. Nature of Operations and Summary of Significant Accounting Policies for a discussion of the adoption of new accounting principles related to the classification of certain cash receipts and cash payments.
[2] Our consolidated total assets as of December 31, 2018 and 2017 include total assets of variable interest entities (VIEs) of $127.6 million and $130.6 million, respectively, which can only be used to settle the obligations of the VIEs.  Our consolidated total liabilities as of December 31, 2018 and 2017 include total liabilities of the VIEs of $22.3 million and $27.0 million, respectively, for which the creditors of the VIEs have no recourse to us.  See Note 12. Variable Interest Entities.