10-Q Filing

NEXSTAR MEDIA GROUP, INC. CIK: 1142417 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-015132`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	nxst-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 92 Cash Flow Statement 99 Stockholders Equity 51

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.10M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$190.90M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$276.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$15.60M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$15.60M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $25.8 and $23.1, respectively	`AccountsReceivableNetCurrent`	$1.02B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $25.8 and $23.1, respectively	`AccountsReceivableNetCurrent`	$951.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$185.20M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$211.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.46B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.51B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.49B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
Goodwill	`Goodwill`	$3.05B	USD	Point-in-time
Goodwill	`Goodwill`	$3.05B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	39.42M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	40.76M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	6.53M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.57B	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	7.87M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.72B	USD	Point-in-time
Investments	`LongTermInvestments`	$1.22B	USD	Point-in-time
Investments	`LongTermInvestments`	$1.06B	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	-	USD	Point-in-time
Total assets	`Assets`	$12.92B	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$45.30M	USD	Point-in-time
Total assets	`Assets`	$13.26B	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$396.20M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$374.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.41B	USD	Point-in-time
Total assets	`Assets`	$12.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.05B	USD	Point-in-time
Total assets	`Assets`	$13.26B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$47.20M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$124.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$248.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$170.90M	USD	Point-in-time
Broadcast rights payable	`BroadcastRightsPayable`	$76.90M	USD	Point-in-time
Broadcast rights payable	`BroadcastRightsPayable`	$64.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$315.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$304.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$42.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$43.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$56.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$38.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$745.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$787.30M	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$7.37B	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$7.11B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.71B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.73B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$523.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$476.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.05B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$500.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$500.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.26B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.31B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$141.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$141.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.61B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.20B	USD	Point-in-time
Treasury stock - at cost; 6,655,759 and 6,534,034 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$807.00M	USD	Point-in-time
Treasury stock - at cost; 6,655,759 and 6,534,034 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$1.14B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.87B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.85B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-600.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.63B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.26B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.92B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.25B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.46B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$991.60M	USD	2 Qtrs
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$462.40M	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$501.60M	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$911.70M	USD	2 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$266.60M	USD	1 Quarter
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$242.50M	USD	1 Quarter
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$514.40M	USD	2 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$485.90M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$31.60M	USD	1 Quarter
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$55.20M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$62.50M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$27.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$77.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$155.10M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$73.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$147.50M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$39.90M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$79.40M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$78.40M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$39.30M	USD	1 Quarter
Reimbursement from the FCC related to station repack	`ReimbursementFromFCCRelatedToStationRepack`	$2.30M	USD	2 Qtrs
Reimbursement from the FCC related to station repack	`ReimbursementFromFCCRelatedToStationRepack`	$6.90M	USD	1 Quarter
Reimbursement from the FCC related to station repack	`ReimbursementFromFCCRelatedToStationRepack`	$12.30M	USD	2 Qtrs
Reimbursement from the FCC related to station repack	`ReimbursementFromFCCRelatedToStationRepack`	$600.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$2.40M	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	-	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.79B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$911.70M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$843.30M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.67B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$333.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$288.30M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$573.20M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$662.80M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$35.90M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$56.90M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$73.60M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$27.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-144.60M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-70.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-75.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-142.20M	USD	2 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-35.30M	USD	2 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-10.80M	USD	1 Quarter
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-21.70M	USD	2 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-17.60M	USD	1 Quarter
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$7.60M	USD	1 Quarter
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$-6.60M	USD	1 Quarter
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$-11.50M	USD	2 Qtrs
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$6.20M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$270.50M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$602.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$529.40M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$298.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$130.40M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$70.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$71.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$124.10M	USD	2 Qtrs
Net income	`ProfitLoss`	$477.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$226.50M	USD	1 Quarter
Net income	`ProfitLoss`	$199.80M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-300.00K	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.20M	USD	2 Qtrs
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$227.50M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$200.10M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$479.10M	USD	2 Qtrs
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$401.00M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$5.66	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.70	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$9.34	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$11.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$5.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$8.93	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$4.51	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$11.54	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.90M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.60M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.50M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.90M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.90M	shares	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$477.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$226.50M	USD	1 Quarter
Net income	`ProfitLoss`	$199.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$77.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$155.10M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$73.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$147.50M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$31.60M	USD	1 Quarter
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$55.20M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$62.50M	USD	2 Qtrs
Amortization of broadcast rights	`AmortizationOfBroadcastRights`	$27.40M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$39.90M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$79.40M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$78.40M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$39.30M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$22.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$26.20M	USD	2 Qtrs
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$7.00M	USD	2 Qtrs
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$7.40M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.80M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$13.70M	USD	2 Qtrs
Gain on disposal of assets	`GainLossOnSaleOfBusiness`	$8.40M	USD	2 Qtrs
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$2.30M	USD	2 Qtrs
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$6.90M	USD	1 Quarter
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$12.30M	USD	2 Qtrs
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$600.00K	USD	1 Quarter
Payments for broadcast rights	`PaymentsForBroadcastRights`	$66.10M	USD	2 Qtrs
Payments for broadcast rights	`PaymentsForBroadcastRights`	$92.30M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$35.90M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$56.90M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$73.60M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$27.10M	USD	1 Quarter
Unrealized loss (gain) on equity investments measured at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$7.90M	USD	2 Qtrs
Unrealized loss (gain) on equity investments measured at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-6.00M	USD	2 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$224.10M	USD	2 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$207.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-69.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-71.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-76.90M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-42.10M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-40.90M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-25.90M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-45.40M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-1.90M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$595.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$809.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.90M	USD	2 Qtrs
Proceeds from sale of real estate and other assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$45.00M	USD	2 Qtrs
Proceeds from sale of real estate and other assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$14.20M	USD	2 Qtrs
Payments for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-8.40M	USD	2 Qtrs
Spectrum repack reimbursements	`ProceedsFromSpectrumRepackReimbursementsFromFCC`	$12.30M	USD	2 Qtrs
Spectrum repack reimbursements	`ProceedsFromSpectrumRepackReimbursementsFromFCC`	$2.30M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.70M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-900.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.80M	USD	2 Qtrs
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$298.50M	USD	2 Qtrs
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$2.48B	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$353.70M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$2.67B	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$406.10M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$258.90M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$60.20M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$36.30M	USD	1 Quarter
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$73.40M	USD	2 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$9.10M	USD	2 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$9.10M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.50M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.90M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.40M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.40M	USD	2 Qtrs
Payments for contingent consideration in connection with a past acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$13.90M	USD	2 Qtrs
Distribution to a noncontrolling interest	`PaymentsToMinorityShareholders`	$6.50M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.20M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-708.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-391.90M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$85.50M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$160.60M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$329.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$292.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$206.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$329.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$292.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$206.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.30M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$141.10M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$144.30M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$172.80M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$178.30M	USD	2 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$7.10M	USD	2 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$8.10M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$22.70M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$33.60M	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$1.80	USD	2 Qtrs
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$1.40	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.59B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
Balance, Shares	`TreasuryStockShares`	6.53M	shares	Point-in-time
Balance, Shares	`TreasuryStockShares`	7.87M	shares	Point-in-time
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$406.10M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$137.90M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$248.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$258.90M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.20M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.10M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.00M	USD	2 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-6.20M	USD	2 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-2.30M	USD	1 Quarter
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-7.50M	USD	2 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-2.20M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$36.30M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$73.40M	USD	2 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$60.20M	USD	2 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$29.80M	USD	1 Quarter
Change in reporting entity resulting from common control transactions	`ChangeInReportingEntityResultingFromCommonControlTransactions`	$-6.40M	USD	2 Qtrs
Change in reporting entity resulting from common control transactions	`ChangeInReportingEntityResultingFromCommonControlTransactions`	$-6.40M	USD	1 Quarter
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.50M	USD	2 Qtrs
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.60M	USD	1 Quarter
Other	`StockIssuedDuringPeriodValueOther`	$400.00K	USD	1 Quarter
Other	`StockIssuedDuringPeriodValueOther`	$-300.00K	USD	2 Qtrs
Other	`StockIssuedDuringPeriodValueOther`	$400.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$477.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$226.50M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$199.80M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.59B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.29M	shares	Point-in-time
Balance, Shares	`TreasuryStockShares`	6.53M	shares	Point-in-time
Balance, Shares	`TreasuryStockShares`	7.87M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.