10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-009074`
Period End Date	20190331
Filing Date	20190508
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	gtn-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 112 Income Statement 38 Cash Flow Statement 80 Stockholders Equity 21

Balance Sheet 112 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$9.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$5.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$667.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$225.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $9 and $5, respectively	`AccountsReceivableNetCurrent`	$184.00M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $9 and $5, respectively	`AccountsReceivableNetCurrent`	$414.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Current portion of program broadcast rights, net	`FiniteLivedLicenseAgreementsGross`	$15.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Current portion of program broadcast rights, net	`FiniteLivedLicenseAgreementsGross`	$18.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$674.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$873.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$672.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$363.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$72.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	89.30M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$1.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	101.67M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$3.53B	USD	Point-in-time
Goodwill	`Goodwill`	$612.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	94.27M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.02M	shares	Point-in-time
Goodwill	`Goodwill`	$1.43B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$53.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	7.40M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	7.28M	shares	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$517.00M	USD	Point-in-time
Investment in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$17.00M	USD	Point-in-time
Investment in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$17.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$752.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$75.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$13.00M	USD	Point-in-time
Total assets	`Assets`	$4.21B	USD	Point-in-time
Total assets	`Assets`	$7.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$44.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$34.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$47.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$36.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$22.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$18.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$28.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$14.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$33.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$19.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$15.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$11.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$13.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.00M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$1.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$14.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$268.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.00M	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$3.88B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$2.55B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$5.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$8.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$743.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$285.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$33.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$33.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$66.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Finance lease liabilites	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Finance lease liabilites	`FinanceLeaseLiabilityNoncurrent`	$1.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$15.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.02B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares and 0 shares, ($650,000,000 and $0 aggregate liquidation value, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares and 0 shares, ($650,000,000 and $0 aggregate liquidation value, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$907.00M	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$343.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$372.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.43B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.28B	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$72.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$991.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$993.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.00B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$226.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$518.00M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$8.00M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$48.00M	USD	1 Quarter
Depreciation	`Depreciation`	$20.00M	USD	1 Quarter
Depreciation	`Depreciation`	$14.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$29.00M	USD	1 Quarter
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$10.00M	USD	1 Quarter
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$1.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$478.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$176.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$40.00M	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$58.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$24.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-15.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	-	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.00M	USD	1 Quarter
Net (loss) income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Net (loss) income per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.31	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	89.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	99.00M	shares	1 Quarter
Net (loss) income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Net (loss) income per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.31	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.00M	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	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Depreciation	`Depreciation`	$20.00M	USD	1 Quarter
Depreciation	`Depreciation`	$14.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$29.00M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$3.00M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.00M	USD	1 Quarter
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$3.00M	USD	1 Quarter
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$2.00M	USD	1 Quarter
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$5.00M	USD	1 Quarter
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$10.00M	USD	1 Quarter
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$14.00M	USD	1 Quarter
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$5.00M	USD	1 Quarter
Common stock contributed to 401(k)	`CommonStockContributedToDefinedContributionPlan`	-	USD	1 Quarter
Common stock contributed to 401(k)	`CommonStockContributedToDefinedContributionPlan`	$4.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.00M	USD	1 Quarter
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$10.00M	USD	1 Quarter
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$1.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-12.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-3.00M	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$8.00M	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.00M	USD	1 Quarter
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.00M	USD	1 Quarter
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-21.00M	USD	1 Quarter
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-31.00M	USD	1 Quarter
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-10.00M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-3.00M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$14.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$6.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.00M	USD	1 Quarter
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.74B	USD	1 Quarter
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinesses`	-	USD	1 Quarter
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinesses`	$231.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$2.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	-	USD	1 Quarter
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$12.00M	USD	1 Quarter
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$1.00M	USD	1 Quarter
Acquisition prepayments	`PaymentsForProceedsFromTheAcquiredBusinesses`	$3.00M	USD	1 Quarter
Acquisition prepayments	`PaymentsForProceedsFromTheAcquiredBusinesses`	$47.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.56B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.00M	USD	1 Quarter
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.40B	USD	1 Quarter
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$2.00M	USD	1 Quarter
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$4.00M	USD	1 Quarter
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.00M	USD	1 Quarter
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$50.00M	USD	1 Quarter
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	-	USD	1 Quarter
Payment for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Payment for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.34B	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.00M	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.19B	USD	1 Quarter
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$443.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.42B	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$225.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$443.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.42B	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$225.00M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$991.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$993.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-3.00M	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-3.00M	USD	1 Quarter
Restricted stock unit awards	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	-	USD	1 Quarter
Restricted stock unit awards	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$-1.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$20.00M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$991.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$993.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Acquisitions of television businesses and licenses	`StockIssuedDuringPeriodValueAcquisitions`	$170.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.00M	USD	1 Quarter
Adoption of ASU 2018-02	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	1 Quarter

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