10-K Filing

GRAY MEDIA, INC CIK: 43196 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001437749-20-003706`
Period End Date	20191231
Filing Date	20200227
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	gtn20191231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 108 Income Statement 100 Cash Flow Statement 132 Stockholders Equity 36 Comprehensive Income 20

Balance Sheet 108 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$11.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulOtherReceivablesCurrent`	$5.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$212.00M	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
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	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 $11 and $5, respectively	`AccountsReceivableNetCurrent`	$411.00M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $11 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
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$25.00M	USD	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$15.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.00M	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, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$873.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$672.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$725.00M	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
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$50.00M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	101.75M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$1.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	89.30M	shares	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$3.57B	USD	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Goodwill	`Goodwill`	$611.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.02M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	92.69M	shares	Point-in-time
Goodwill	`Goodwill`	$612.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	9.09M	shares	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$460.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$74.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	7.28M	shares	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$53.00M	USD	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`	$29.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$13.00M	USD	Point-in-time
Total assets	`Assets`	$4.21B	USD	Point-in-time
Total assets	`Assets`	$6.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$67.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$37.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$34.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$30.00M	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`	$32.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$13.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$14.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$28.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$15.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$9.00M	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`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$246.00M	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`	$2.55B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$3.70B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$7.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$5.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$285.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$810.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$38.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$33.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$45.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$15.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.86B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.03B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`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`	-	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
Common stock	`CommonStockValueOutstanding`	$1.09B	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$907.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$504.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$372.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.60B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$1.28B	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$107.00M	USD	Point-in-time
Treasury stock at cost	`TreasuryStockValue`	$72.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$994.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$493.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.21B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$579.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$250.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$329.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	Annual
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$226.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$883.00M	USD	Annual
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.12B	USD	Annual
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$508.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$517.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$518.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$279.00M	USD	1 Quarter
Corporate and administrative	`GeneralAndAdministrativeExpense`	$104.00M	USD	Annual
Corporate and administrative	`GeneralAndAdministrativeExpense`	$41.00M	USD	Annual
Corporate and administrative	`GeneralAndAdministrativeExpense`	$32.00M	USD	Annual
Depreciation	`Depreciation`	$52.00M	USD	Annual
Depreciation	`Depreciation`	$54.00M	USD	Annual
Depreciation	`Depreciation`	$80.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$25.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$21.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$115.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets1`	$17.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets1`	$74.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets1`	$54.00M	USD	Annual
Operating expenses	`OperatingExpenses`	$1.64B	USD	Annual
Operating expenses	`OperatingExpenses`	$593.00M	USD	Annual
Operating expenses	`OperatingExpenses`	$695.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$151.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$80.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$290.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$40.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$180.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$389.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$50.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$478.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$108.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$139.00M	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$4.00M	USD	Annual
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	Annual
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$6.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$107.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$95.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$227.00M	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$193.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$288.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$255.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$77.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-69.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$76.00M	USD	Annual
Net income	`NetIncomeLoss`	$211.00M	USD	Annual
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	Annual
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$262.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	-	USD	Annual
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$52.00M	USD	Annual
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	-	USD	Annual
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$262.00M	USD	Annual
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$211.00M	USD	Annual
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$81.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$127.00M	USD	Annual
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`	$1.01	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.39	USD	Annual
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`	$0.71	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$3.59	USD	Annual
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.31	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.28	USD	Annual
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	99.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.00M	shares	Annual
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$3.55	USD	Annual
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	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`	$0.22	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.31	USD	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`	$1.27	USD	Annual
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$2.37	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.00M	shares	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$211.00M	USD	Annual
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	Annual
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$262.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Depreciation	`Depreciation`	$52.00M	USD	Annual
Depreciation	`Depreciation`	$54.00M	USD	Annual
Depreciation	`Depreciation`	$80.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$25.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$21.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$115.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$5.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$12.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$5.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$9.00M	USD	Annual
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$7.00M	USD	Annual
Amortization of restricted stock and stock option awards	`ShareBasedCompensation`	$16.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$21.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$39.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$21.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$22.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$21.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$43.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$55.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-78.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$23.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$74.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$54.00M	USD	Annual
Gain on disposals of assets, net	`GainLossOnDispositionOfAssets`	$17.00M	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$3.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$5.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-11.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$24.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$12.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-22.00M	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-14.00M	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-1.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$5.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$7.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-41.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-6.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$6.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-6.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$6.00M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.00M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$385.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$180.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$323.00M	USD	Annual
Acquisitions of television businesses and licenses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$416.00M	USD	Annual
Acquisitions of television businesses and licenses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.84B	USD	Annual
Acquisitions of television businesses and licenses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinesses`	$9.00M	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinesses`	$253.00M	USD	Annual
Proceeds from FCC spectrum auction	`ProceedsFromSpectrumAuction`	-	USD	Annual
Proceeds from FCC spectrum auction	`ProceedsFromSpectrumAuction`	-	USD	Annual
Proceeds from FCC spectrum auction	`ProceedsFromSpectrumAuction`	$91.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.00M	USD	Annual
Proceeds from Repack (Note 1)	`ProceedsFromFCCRepack`	$14.00M	USD	Annual
Proceeds from Repack (Note 1)	`ProceedsFromFCCRepack`	-	USD	Annual
Proceeds from Repack (Note 1)	`ProceedsFromFCCRepack`	$41.00M	USD	Annual
Proceeds from other asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$3.00M	USD	Annual
Proceeds from other asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	-	USD	Annual
Proceeds from other asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	-	USD	Annual
Net (increase) decrease in acquisition prepayments and other	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00M	USD	Annual
Net (increase) decrease in acquisition prepayments and other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	Annual
Net (increase) decrease in acquisition prepayments and other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-350.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.66B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.00M	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.40B	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$642.00M	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$750.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$40.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$563.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$211.00M	USD	Annual
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$19.00M	USD	Annual
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.00M	USD	Annual
Payments for the repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$32.00M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$239.00M	USD	Annual
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	Annual
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	Annual
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$39.00M	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$5.00M	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$50.00M	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$5.00M	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$681.00M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.06B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$307.00M	USD	Annual
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingChangeInRestrictedCash`	$-1.21B	USD	Annual
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingChangeInRestrictedCash`	$205.00M	USD	Annual
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingChangeInRestrictedCash`	$137.00M	USD	Annual
Net increase in restricted cash, included in non-current assets	`IncreaseDecreaseInRestrictedCash`	$752.00M	USD	Annual
Net increase in restricted cash, included in non-current assets	`IncreaseDecreaseInRestrictedCash`	-	USD	Annual
Net increase in restricted cash, included in non-current assets	`IncreaseDecreaseInRestrictedCash`	-	USD	Annual
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.42B	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`	$212.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$325.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.42B	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$212.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$325.00M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$994.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$493.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Adoption of ASU 2016-09 excess tax benefit for stock-based compensation	`ImpactOfAdoptionOfAccountingStandardUpdate`	$1.00M	USD	Annual
Net income	`NetIncomeLoss`	$211.00M	USD	Annual
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	Annual
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$262.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$5.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	Annual
Underwritten public offering	`StockIssuedDuringPeriodValueNewIssues`	$239.00M	USD	Annual
401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	-	USD	Annual
401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.00M	USD	Annual
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-3.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$19.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$32.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$4.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.00M	USD	Annual
Forfeiture of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$1.00M	USD	Annual
Preferred stock dividends	`DividendsPreferredStock`	$52.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$5.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	Annual
Acquisitions of television businesses and licenses	`StockIssuedDuringPeriodValueAcquisitions`	$170.00M	USD	Annual
Adoption of ASU 2018-02	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	Annual
Balance	`StockholdersEquity`	$994.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$493.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$211.00M	USD	Annual
Net income	`NetIncomeLoss`	$20.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.00M	USD	Annual
Net income	`NetIncomeLoss`	$41.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$262.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$7.00M	USD	Annual
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-1.00M	USD	Annual
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$7.00M	USD	Annual
Income tax (benefit) expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	Annual
Income tax (benefit) expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-3.00M	USD	Annual
Income tax (benefit) expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-2.00M	USD	Annual
Adoption of ASU 2018-02	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.00M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$169.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$212.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$258.00M	USD	Annual

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