10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-019073`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	gtn20220630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 66 Cash Flow Statement 86 Stockholders Equity 36

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$15.00M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$16.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$189.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$162.00M	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 credit losses of $15 and $16, respectively	`AccountsReceivableNetCurrent`	$614.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Accounts receivable, less allowance for credit losses of $15 and $16, respectively	`AccountsReceivableNetCurrent`	$624.00M	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 issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$35.00M	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`	$11.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$21.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$21.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$107.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$40.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$963.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$951.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.17B	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$70.00M	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$70.00M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.31B	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.30B	USD	Point-in-time
Goodwill	`Goodwill`	$2.65B	USD	Point-in-time
Goodwill	`Goodwill`	$2.66B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$739.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$825.00M	USD	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$117.00M	USD	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$120.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$12.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$16.00M	USD	Point-in-time
Total assets	`Assets`	$11.12B	USD	Point-in-time
Total assets	`Assets`	$11.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$59.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$88.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$97.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$52.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$53.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$39.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$34.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$39.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$44.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$17.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$10.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$37.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$12.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$22.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$14.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$13.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$374.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$384.00M	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.74B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.69B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$5.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$2.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.47B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.47B	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$21.00M	USD	Point-in-time
Accrued pension costs	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$24.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$63.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$63.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.63B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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 at each date and $650 aggregate liquidation value at each date	`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 at each date and $650 aggregate liquidation value at each date	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$869.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$988.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.15B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.77B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.12B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.11B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$868.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.70B	USD	2 Qtrs
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.09B	USD	2 Qtrs
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$547.00M	USD	1 Quarter
Depreciation	`Depreciation`	$63.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$104.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$53.00M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$439.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$650.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$882.00M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.31B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$108.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$382.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$218.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$209.00M	USD	2 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	2 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	2 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$81.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$160.00M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$47.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$95.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$54.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$137.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$108.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$30.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$59.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$78.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$26.00M	USD	2 Qtrs
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$26.00M	USD	2 Qtrs
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$135.00M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.00M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$86.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.00M	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.45	USD	2 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	94.00M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.00M	shares	2 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	2 Qtrs
Net income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.00M	shares	1 Quarter
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.00M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.00M	shares	2 Qtrs
Weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.00M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$78.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Depreciation	`Depreciation`	$63.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$104.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$53.00M	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$6.00M	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$8.00M	USD	2 Qtrs
Amortization of restricted stock awards	`ShareBasedCompensation`	$11.00M	USD	2 Qtrs
Amortization of restricted stock awards	`ShareBasedCompensation`	$7.00M	USD	2 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$25.00M	USD	2 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$17.00M	USD	2 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$18.00M	USD	2 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$26.00M	USD	2 Qtrs
Common stock contributed to 401(k) plan	`CommonStockContributedToDefinedContributionPlan`	$1.00M	USD	2 Qtrs
Common stock contributed to 401(k) plan	`CommonStockContributedToDefinedContributionPlan`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$21.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Gain on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00M	USD	2 Qtrs
Gain on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-6.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-17.00M	USD	2 Qtrs
Income taxes receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$67.00M	USD	2 Qtrs
Income taxes receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$9.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-51.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-18.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.00M	USD	2 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$13.00M	USD	2 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.00M	USD	2 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$7.00M	USD	2 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-34.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.00M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-20.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-14.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$238.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$330.00M	USD	2 Qtrs
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$41.00M	USD	2 Qtrs
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$159.00M	USD	2 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$2.00M	USD	2 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$3.00M	USD	2 Qtrs
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$3.00M	USD	1 Quarter
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	-	USD	1 Quarter
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$7.00M	USD	2 Qtrs
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$5.00M	USD	2 Qtrs
Investment in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$25.00M	USD	2 Qtrs
Investment in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$9.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-201.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-177.00M	USD	2 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$58.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$15.00M	USD	2 Qtrs
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$16.00M	USD	2 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$26.00M	USD	2 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$26.00M	USD	2 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$1.00M	USD	2 Qtrs
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	-	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-156.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.00M	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.00M	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.00M	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$785.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$773.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$162.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$785.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$773.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$162.00M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.77B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$78.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.00M	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
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$15.00M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$8.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	-	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	1 Quarter
Restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$50.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.77B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time

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