ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2013

Acquisitions

Schedule of unaudited pro forma results of operations

The following table sets forth unaudited pro forma results of operations for the quarter ended March 31, 2012, assuming that the acquisitions of the Freedom and Newport stations discussed above, along with transactions necessary to finance the acquisitions, occurred at the beginning of the annual period presented (in thousands, except per share data):

	(Unaudited)
	2012
Total revenues	$	267,076
Net Income	$	27,366
Net Income attributable to Sinclair Broadcast Group	$	27,613
Basic and diluted earnings per share attributable to Sinclair Broadcast Group	$	0.34

Four Points

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):

Prepaid expenses and other current assets	$	456
Program contract costs	3,731
Property and equipment	34,578
Broadcast licenses	10,658
Definite-lived intangible assets	93,800
Other assets	548
Accrued liabilities	(381		)
Program contracts payable	(5,157		)
Fair value of identifiable net assets acquired	138,233
Goodwill	60,843
Total	$	199,076

Freedom

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):

Prepaid expenses and other current assets	$	373
Program contract costs	3,520
Property and equipment	54,109
Broadcast licenses	10,424
Definite-lived intangible assets	140,963
Other assets	278
Accrued liabilities	(589		)
Program contracts payable	(3,404		)
Fair value of identifiable net assets acquired	205,674
Goodwill	179,609
Total	$	385,283

Newport

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

The initial allocated fair value of acquired assets and assumed liabilities, including the assets owned by VIEs, is summarized as follows (in thousands):

Prepaid expenses and other current assets	$	1,390
Program contract costs	10,378
Property and equipment	53,883
Broadcast licenses	15,581
Definite-lived intangible assets	240,013
Other assets	1,097
Accrued liabilities	(3,928		)
Program contracts payable	(11,634		)
Fair value of identifiable net assets acquired	306,780
Goodwill	164,621
Total	$	471,401

Other acquisitions

Acquisitions

Schedule of initial allocated fair value of acquired assets and liabilities assumed

Prepaid expenses and other current assets	$	160
Program contract costs	2,487
Property and equipment	17,309
Broadcast licenses	2,825
Definite-lived intangible assets	17,990
Accrued liabilities	(1,178		)
Program contracts payable	(4,900		)
Fair value of identifiable net assets acquired	34,693
Goodwill	14,106
Total	$	48,799