10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-030854`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gtn20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 80 Cash Flow Statement 102 Stockholders Equity 56 Comprehensive Income 24

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$61.00M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$16.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$21.00M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$31.00M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $31 and $16, respectively	`AccountsReceivableNetCurrent`	$339.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $31 and $16, respectively	`AccountsReceivableNetCurrent`	$650.00M	USD	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$27.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$27.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Income tax refund receivable	`IncomeTaxesReceivable`	$22.00M	USD	Point-in-time
Income tax refund receivable	`IncomeTaxesReceivable`	$21.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$43.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$34.00M	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`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$495.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$857.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.47B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.61B	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$77.00M	USD	Point-in-time
Operating leases right of use asset	`OperatingLeaseRightOfUseAsset`	$75.00M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.33B	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.32B	USD	Point-in-time
Goodwill	`Goodwill`	$2.66B	USD	Point-in-time
Goodwill	`Goodwill`	$2.64B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$462.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$636.00M	USD	Point-in-time
Investments in broadcasting, production and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$104.00M	USD	Point-in-time
Investments in broadcasting, production and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$101.00M	USD	Point-in-time
Deferred pension asset	`DeferredCompensationPlanAssets`	$9.00M	USD	Point-in-time
Deferred pension asset	`DeferredCompensationPlanAssets`	$5.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$15.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$18.00M	USD	Point-in-time
Total assets	`Assets`	$11.15B	USD	Point-in-time
Total assets	`Assets`	$10.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$98.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$82.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$92.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$60.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$39.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$39.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$44.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$50.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$12.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$15.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$28.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$29.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$51.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.00M	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`	$409.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$414.00M	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.17B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.44B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.45B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.40B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$70.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$68.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$30.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.39B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.08B	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`	$1.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.11B	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.31B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.42B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.93B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.00B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.73B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.42B	USD	3 Qtrs
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$803.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$909.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.60B	USD	3 Qtrs
Depreciation	`Depreciation`	$106.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$96.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$156.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$147.00M	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	1 Quarter
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	1 Quarter
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$6.00M	USD	3 Qtrs
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-20.00M	USD	3 Qtrs
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$1.00M	USD	1 Quarter
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$6.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$664.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.15B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$1.98B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$719.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$84.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$245.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$270.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$627.00M	USD	3 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	3 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-13.00M	USD	3 Qtrs
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$324.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$111.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$94.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$254.00M	USD	3 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	3 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$370.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-70.00M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$101.00M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.00M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$42.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$269.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$108.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-67.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-40.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$39.00M	USD	3 Qtrs
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$39.00M	USD	3 Qtrs
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-106.00M	USD	3 Qtrs
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-53.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$95.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$230.00M	USD	3 Qtrs
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-1.15	USD	3 Qtrs
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.47	USD	3 Qtrs
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.57	USD	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.00M	shares	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.00M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	91.00M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.00M	shares	3 Qtrs
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.57	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-1.15	USD	3 Qtrs
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$2.47	USD	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.00M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.00M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.00M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.00M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	3 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`	$0.24	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$269.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$108.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-67.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-40.00M	USD	1 Quarter
Depreciation	`Depreciation`	$106.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$96.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$156.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$147.00M	USD	3 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$10.00M	USD	3 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$12.00M	USD	3 Qtrs
Amortization of stock-based compensation	`ShareBasedCompensation`	$17.00M	USD	3 Qtrs
Amortization of stock-based compensation	`ShareBasedCompensation`	$14.00M	USD	3 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$29.00M	USD	3 Qtrs
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$36.00M	USD	3 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$30.00M	USD	3 Qtrs
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$37.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-57.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.00M	USD	3 Qtrs
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$1.00M	USD	1 Quarter
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-20.00M	USD	3 Qtrs
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$6.00M	USD	3 Qtrs
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$6.00M	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	3 Qtrs
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Impairment of investments	`ImpairmentOfInvestments`	-	USD	3 Qtrs
Impairment of investments	`ImpairmentOfInvestments`	$8.00M	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	1 Quarter
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	3 Qtrs
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-11.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-9.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-311.00M	USD	3 Qtrs
Income taxes receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$-9.00M	USD	3 Qtrs
Income taxes receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$22.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.00M	USD	3 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.00M	USD	3 Qtrs
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-16.00M	USD	3 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.00M	USD	3 Qtrs
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$10.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$34.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$32.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$19.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$50.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$596.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$565.00M	USD	3 Qtrs
Acquisitions of businesses and broadcast licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	3 Qtrs
Acquisitions of businesses and broadcast licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$53.00M	USD	3 Qtrs
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	3 Qtrs
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$6.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$288.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$298.00M	USD	3 Qtrs
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	-	USD	1 Quarter
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$7.00M	USD	3 Qtrs
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	-	USD	3 Qtrs
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$2.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$31.00M	USD	3 Qtrs
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$2.00M	USD	3 Qtrs
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	$11.00M	USD	3 Qtrs
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	-	USD	3 Qtrs
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$11.00M	USD	3 Qtrs
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$16.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-362.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-259.00M	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$225.00M	USD	3 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$161.00M	USD	3 Qtrs
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$506.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	3 Qtrs
Payments of common stock dividends	`PaymentsOfDividendsCommonStock`	$23.00M	USD	3 Qtrs
Payments of common stock dividends	`PaymentsOfDividendsCommonStock`	$22.00M	USD	3 Qtrs
Payments of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$39.00M	USD	3 Qtrs
Payments of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$39.00M	USD	3 Qtrs
Payments of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	3 Qtrs
Payments of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-346.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-279.00M	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-40.00M	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-45.00M	USD	3 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$144.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$144.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.93B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.00B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$269.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$108.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-67.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-40.00M	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
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.00M	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`	$8.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$23.00M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$22.00M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$7.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	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`	$6.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$50.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	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`	$6.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Adjustment to fair value of interest rate cap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-11.00M	USD	1 Quarter
Adjustment to fair value of interest rate cap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.00M	USD	1 Quarter
Adjustment to fair value of interest rate cap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$8.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.93B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.00B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$99.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$269.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$108.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-67.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-40.00M	USD	1 Quarter
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	1 Quarter
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-7.00M	USD	3 Qtrs
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	3 Qtrs
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-1.00M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	3 Qtrs
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-2.00M	USD	3 Qtrs
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.00M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$108.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-42.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-72.00M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$269.00M	USD	3 Qtrs

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