10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-014037`
Period End Date	20170630
Filing Date	20170808
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	gtn-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 76 Cash Flow Statement 88 Stockholders Equity 13

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$3.62M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$3.61M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	71.23M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	71.54M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$176.34M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$97.32M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	5.54M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$42.36M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$325.19M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	5.14M	shares	Point-in-time
Accounts receivable trade, less allowance for doubtful accounts of $3,615 and $3,163, respectively	`AccountsReceivableNetCurrent`	$169.85M	USD	Point-in-time
Accounts receivable trade, less allowance for doubtful accounts of $3,615 and $3,163, respectively	`AccountsReceivableNetCurrent`	$146.81M	USD	Point-in-time
FCC spectrum auction proceeds receivable	`SpectrumAuctionProceedsReceivableCurrent`	-	USD	Point-in-time
FCC spectrum auction proceeds receivable	`SpectrumAuctionProceedsReceivableCurrent`	$90.80M	USD	Point-in-time
FCC spectrum auction proceeds receivable	`SpectrumAuctionProceedsReceivableCurrent`	$90.82M	USD	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$14.64M	USD	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$15.63M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.11M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$329.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$505.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$346.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$326.09M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$1.52B	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$1.34B	USD	Point-in-time
Goodwill	`Goodwill`	$485.32M	USD	Point-in-time
Goodwill	`Goodwill`	$610.49M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$56.25M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$78.36M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$31.98M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$30.83M	USD	Point-in-time
Investments in broadcasting and technology companies	`CostMethodInvestments`	$16.60M	USD	Point-in-time
Investments in broadcasting and technology companies	`CostMethodInvestments`	$16.60M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$22.45M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$33.99M	USD	Point-in-time
Total assets	`Assets`	$2.78B	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.26M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.25M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.37M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$32.45M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$26.54M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$9.60M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$13.80M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$4.50M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$2.92M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$4.71M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$4.73M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.42M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$119.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$99.23M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.83B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.76B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$4.12M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$5.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$373.84M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$427.61M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$33.18M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$34.05M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.42M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.40B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.29B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$658.13M	USD	Point-in-time
Common stock	`CommonStockValue`	$659.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-101.36M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$560.89M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$645.85M	USD	Point-in-time
Treasury stock at cost, common stock, 5,535,076 shares and 5,135,406 shares, respectively	`TreasuryStockValue`	$44.69M	USD	Point-in-time
Treasury stock at cost, common stock, 5,535,076 shares and 5,135,406 shares, respectively	`TreasuryStockValue`	$49.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$492.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$572.05M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.78B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`SalesRevenueNet`	$430.14M	USD	2 Qtrs
Revenue (less agency commissions)	`SalesRevenueNet`	$370.36M	USD	2 Qtrs
Revenue (less agency commissions)	`SalesRevenueNet`	$226.68M	USD	1 Quarter
Revenue (less agency commissions)	`SalesRevenueNet`	$196.63M	USD	1 Quarter
Broadcast	`OperatingCostsAndExpenses`	$267.02M	USD	2 Qtrs
Broadcast	`OperatingCostsAndExpenses`	$117.33M	USD	1 Quarter
Broadcast	`OperatingCostsAndExpenses`	$133.54M	USD	1 Quarter
Broadcast	`OperatingCostsAndExpenses`	$225.90M	USD	2 Qtrs
Corporate and administrative	`GeneralAndAdministrativeExpense`	$8.41M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$24.20M	USD	2 Qtrs
Corporate and administrative	`GeneralAndAdministrativeExpense`	$8.52M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$16.12M	USD	2 Qtrs
Depreciation	`Depreciation`	$11.62M	USD	1 Quarter
Depreciation	`Depreciation`	$25.47M	USD	2 Qtrs
Depreciation	`Depreciation`	$12.84M	USD	1 Quarter
Depreciation	`Depreciation`	$22.74M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.22M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.24M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.66M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.13M	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$76.80M	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$420.00K	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$77.33M	USD	1 Quarter
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$-1.23M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$84.13M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$280.56M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$142.95M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$244.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$142.56M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$186.11M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$53.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$89.80M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$8.00K	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$710.00K	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$141.00K	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$24.27M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$46.98M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$23.79M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$45.54M	USD	2 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-311.00K	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.85M	USD	2 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$136.29M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.56M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$55.22M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.31M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$47.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$70.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.65M	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.13	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.82M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.85M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.88M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.83M	shares	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.12	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.24	USD	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.51M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.50M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.67M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.75M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$81.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$70.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.65M	USD	2 Qtrs
Depreciation	`Depreciation`	$11.62M	USD	1 Quarter
Depreciation	`Depreciation`	$25.47M	USD	2 Qtrs
Depreciation	`Depreciation`	$12.84M	USD	1 Quarter
Depreciation	`Depreciation`	$22.74M	USD	2 Qtrs
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$12.22M	USD	2 Qtrs
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$4.24M	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$6.66M	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$8.13M	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$2.31M	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$2.27M	USD	2 Qtrs
Net amortization of original issue discount and premium related to long-term debt	`AmortizationOfDebtDiscountPremium`	$-432.00K	USD	2 Qtrs
Net amortization of original issue discount and premium related to long-term debt	`AmortizationOfDebtDiscountPremium`	$-305.00K	USD	2 Qtrs
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$2.56M	USD	2 Qtrs
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$2.77M	USD	2 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-311.00K	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.85M	USD	2 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$9.21M	USD	2 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$10.23M	USD	2 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$9.13M	USD	2 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$10.39M	USD	2 Qtrs
Common stock contributed to 401(k) plan	`EmployeeBenefitsAndShareBasedCompensation`	$15.00K	USD	2 Qtrs
Common stock contributed to 401(k) plan	`EmployeeBenefitsAndShareBasedCompensation`	$14.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$53.73M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$17.32M	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$76.80M	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$420.00K	USD	2 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$77.33M	USD	1 Quarter
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$-1.23M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$964.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-731.00K	USD	2 Qtrs
Accounts receivable trade	`IncreaseDecreaseInReceivables`	$6.15M	USD	2 Qtrs
Accounts receivable trade	`IncreaseDecreaseInReceivables`	$22.36M	USD	2 Qtrs
Prepaid taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	2 Qtrs
Prepaid taxes	`IncreaseDecreaseInPrepaidTaxes`	$990.00K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.47M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$507.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.38M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.92M	USD	2 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.52M	USD	2 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.72M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.44M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.72M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-5.92M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.31M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-20.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.58M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.14M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.48M	USD	2 Qtrs
Acquisitions of television businesses and licenses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$386.44M	USD	2 Qtrs
Acquisitions of television businesses and licenses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$427.45M	USD	2 Qtrs
Proceeds from sale of television station	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Proceeds from sale of television station	`ProceedsFromDivestitureOfBusinesses`	$11.20M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.47M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.41M	USD	2 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$126.00K	USD	2 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.91M	USD	2 Qtrs
Acquisition prepayments and other	`PaymentsForProceedsFromOtherInvestingActivities`	$16.49M	USD	2 Qtrs
Acquisition prepayments and other	`PaymentsForProceedsFromOtherInvestingActivities`	$20.62M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-448.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-413.22M	USD	2 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$641.44M	USD	2 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$925.00M	USD	2 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$559.43M	USD	2 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$425.00M	USD	2 Qtrs
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.00M	USD	2 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$16.56M	USD	2 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$4.99M	USD	2 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.45M	USD	2 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.77M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$481.99M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$71.24M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$79.03M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-282.83M	USD	2 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$176.34M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$97.32M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.36M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$325.19M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$176.34M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$97.32M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.36M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$325.19M	USD	Point-in-time

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$492.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$572.05M	USD	Point-in-time
Adoption of ASU 2016-09 excess tax benefit for stock-based compensation	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$1.11M	USD	Point-in-time
Balance	`StockholdersEquity`	$492.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$572.05M	USD	Point-in-time
Net income	`NetIncomeLoss`	$81.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$70.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.65M	USD	2 Qtrs
401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$15.00K	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$4.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.56M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.77M	USD	2 Qtrs

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