10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-021914`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	gtn20190930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 113 Income Statement 80 Cash Flow Statement 96 Stockholders Equity 45

Balance Sheet 113 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$8.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$5.00M	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$667.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$326.00M	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
Accounts receivable, less allowance for doubtful accounts of $8 and $5, respectively	`AccountsReceivableNetCurrent`	$402.00M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $8 and $5, respectively	`AccountsReceivableNetCurrent`	$184.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$15.00M	USD	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$34.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	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
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$789.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$363.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$695.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	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`	$52.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$3.56B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	89.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	101.71M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$1.53B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.02M	shares	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Goodwill	`Goodwill`	$837.00M	USD	Point-in-time
Goodwill	`Goodwill`	$612.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	93.63M	shares	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$53.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	7.28M	shares	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$469.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	8.08M	shares	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$17.00M	USD	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$17.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$752.00M	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`	$7.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$59.00M	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`	$65.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$29.00M	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`	$25.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$18.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$14.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$15.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$37.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$12.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$13.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	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`	$150.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$292.00M	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$2.55B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$3.88B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$8.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$5.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$285.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$780.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$30.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$33.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$13.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.05B	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 and $0 aggregate liquidation value, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	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 and $0 aggregate liquidation value, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$907.00M	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$372.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$423.00M	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`	$-26.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.51B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.28B	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$72.00M	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$86.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$991.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$993.00M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.10B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.21B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$517.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$756.00M	USD	3 Qtrs
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.54B	USD	3 Qtrs
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$279.00M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$30.00M	USD	3 Qtrs
Corporate and administrative	`GeneralAndAdministrativeExpense`	$14.00M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$83.00M	USD	3 Qtrs
Corporate and administrative	`GeneralAndAdministrativeExpense`	$11.00M	USD	1 Quarter
Depreciation	`Depreciation`	$60.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$13.00M	USD	1 Quarter
Depreciation	`Depreciation`	$41.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$20.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$29.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$16.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$86.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
(Gain) loss on disposal of fixed assets, net	`GainLossOnDispositionOfAssets1`	$-6.00M	USD	3 Qtrs
(Gain) loss on disposal of fixed assets, net	`GainLossOnDispositionOfAssets1`	$-3.00M	USD	1 Quarter
(Gain) loss on disposal of fixed assets, net	`GainLossOnDispositionOfAssets1`	$-14.00M	USD	1 Quarter
(Gain) loss on disposal of fixed assets, net	`GainLossOnDispositionOfAssets1`	$-27.00M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$378.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.25B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$518.00M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$171.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$139.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$298.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$238.00M	USD	3 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$4.00M	USD	3 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$25.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$173.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$57.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$74.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$82.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$129.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$166.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$43.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$22.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	-	USD	3 Qtrs
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	-	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$39.00M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.00M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$61.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$123.00M	USD	3 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.39	USD	3 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	3 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.00M	shares	3 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00M	shares	3 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00M	shares	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.38	USD	3 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	3 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.00M	shares	3 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.00M	shares	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	3 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	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	3 Qtrs

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Depreciation	`Depreciation`	$60.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$13.00M	USD	1 Quarter
Depreciation	`Depreciation`	$41.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$20.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$29.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$16.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$86.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$9.00M	USD	3 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$3.00M	USD	3 Qtrs
Amortization of restricted stock awards	`ShareBasedCompensation`	$5.00M	USD	3 Qtrs
Amortization of restricted stock awards	`ShareBasedCompensation`	$10.00M	USD	3 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$30.00M	USD	3 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$16.00M	USD	3 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$16.00M	USD	3 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$33.00M	USD	3 Qtrs
Common stock contributed to 401(k)	`CommonStockContributedToDefinedContributionPlan`	$4.00M	USD	3 Qtrs
Common stock contributed to 401(k)	`CommonStockContributedToDefinedContributionPlan`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$44.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$34.00M	USD	3 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$27.00M	USD	3 Qtrs
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$3.00M	USD	1 Quarter
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$14.00M	USD	1 Quarter
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$6.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$2.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$6.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-29.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$9.00M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-7.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.00M	USD	3 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.00M	USD	3 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.00M	USD	3 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.00M	USD	3 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-42.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$30.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-4.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-34.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-9.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$6.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$255.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$186.00M	USD	3 Qtrs
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.82B	USD	3 Qtrs
Proceeds from sale of television station	`ProceedsFromDivestitureOfBusinesses`	$231.00M	USD	3 Qtrs
Proceeds from sale of television station	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.00M	USD	3 Qtrs
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$4.00M	USD	1 Quarter
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$32.00M	USD	3 Qtrs
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$7.00M	USD	3 Qtrs
Proceeds from FCC Repack (Note 1)	`ProceedsFromFCCRepack`	$15.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	-	USD	3 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$3.00M	USD	3 Qtrs
Acquisition prepayments	`PaymentsForProceedsFromTheAcquiredBusinesses`	$5.00M	USD	3 Qtrs
Acquisition prepayments	`PaymentsForProceedsFromTheAcquiredBusinesses`	$12.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.65B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.00M	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.40B	USD	3 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$11.00M	USD	3 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$40.00M	USD	3 Qtrs
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.00M	USD	3 Qtrs
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$11.00M	USD	3 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$26.00M	USD	3 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	-	USD	3 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$50.00M	USD	3 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	3 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-64.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.30B	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$89.00M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.09B	USD	3 Qtrs
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`	$551.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$326.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.42B	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$551.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$326.00M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$991.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$993.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$61.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
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
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-3.00M	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-3.00M	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Adoption of ASU 2018-02	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	1 Quarter
Adoption of ASU 2018-02	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$11.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$20.00M	USD	1 Quarter
Restricted stock unit awards	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$-1.00M	USD	1 Quarter
Forfeiture of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$1.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$991.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$993.00M	USD	Point-in-time

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