Nexstar Media Group, Inc(NASDAQ:NXST) 
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing ...
Website: http://www.nexstar.tv
Founded: 1996
Full Time Employees: 13,589
Sector: Communication Services
Industry: Broadcasting
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net revenue | 1,396,000,000 | 1,289,000,000 | 1,198,000,000 | 1,229,000,000 | 1,234,000,000 | 1,487,000,000 | 1,366,000,000 | 1,269,000,000 | 1,284,000,000 | 1,304,000,000 | 1,132,000,000 | 1,240,000,000 | 1,257,000,000 | 1,486,700,000 | 1,269,100,000 | 1,245,100,000 | 1,210,100,000 | 1,245,838,000 | 1,157,012,000 | 1,131,590,000 | 1,113,931,000 | 1,376,611,000 | 1,118,203,000 | 914,633,000 | 1,091,822,000 | 1,100,090,000 | 663,575,000 | 649,012,000 | 626,647,000 | 693,015,000 | 660,323,000 | 615,336,000 | 653,664,000 | 611,870,000 | 626,115,000 | 540,317,000 | 309,879,000 | 275,659,000 | 261,994,000 | 255,658,000 | 246,767,000 | 224,897,000 | 221,322,000 | 203,391,000 | 192,804,000 | 157,744,000 | 146,930,000 | 133,833,000 | -363,705,670 | 125,792,000 | 126,211,000 | 112,205,000 | 116,174,000 | 89,952,000 | 88,864,000 | 83,642,000 | 86,202,000 | 74,839,000 | 75,505,000 | 69,945,000 | 97,056,000 | 73,126,000 | 74,542,000 | 68,626,000 | 73,960,000 | 60,399,000 | 62,152,000 | 55,468,000 | 80,314,000 | 70,275,000 | 70,618,000 | 63,712,000 | 71,555,000 | 64,463,000 | 68,729,000 | 62,054,000 | 77,194,000 | 63,588,000 | 64,561,000 | 59,826,000 | |||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct operating, excluding depreciation and amortization | 611,000,000 | 565,000,000 | 562,000,000 | 557,000,000 | 551,000,000 | 558,000,000 | 563,000,000 | 552,000,000 | 548,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative, excluding depreciation and amortization | 327,000,000 | 273,000,000 | 270,000,000 | 262,000,000 | 257,000,000 | 270,000,000 | 278,000,000 | 269,000,000 | 271,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of broadcast rights | 72,000,000 | 20,150,000 | 25,400,000 | 27,400,000 | 27,800,000 | 28,650,000 | 29,884,000 | 31,651,000 | 30,883,000 | 32,574,000 | 31,968,000 | 35,740,000 | 37,208,000 | 11,687,250 | 18,452,000 | 13,935,000 | 14,362,000 | 15,021,000 | 15,913,000 | 16,100,000 | 27,381,000 | 27,869,000 | 25,686,000 | 24,467,000 | 13,085,000 | 14,034,000 | 15,222,000 | 14,804,000 | 15,270,000 | 15,312,000 | 14,673,000 | 14,581,000 | 8,633,000 | 8,771,000 | 8,280,000 | 8,632,000 | 6,716,750 | 9,188,000 | 8,866,000 | 8,813,000 | 4,075,750 | 5,563,000 | 5,192,000 | 5,548,000 | 5,890,000 | 6,650,000 | 5,262,000 | 5,587,000 | 5,753,000 | 5,421,000 | 4,996,000 | 5,311,000 | 5,768,000 | 8,770,000 | 5,665,000 | 5,060,000 | 5,030,000 | 5,252,000 | 4,806,000 | 5,335,000 | 5,283,000 | 5,526,000 | 4,756,000 | 5,892,000 | 5,314,000 | 4,821,000 | 4,338,000 | 5,228,000 | 5,136,000 | 5,681,000 | 5,282,000 | 6,158,000 | 6,367,000 | 6,126,000 | 5,425,000 | 6,887,000 | |||||||||||||
depreciation and amortization of intangible assets | 121,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 2,000,000 | 1,000,000 | 1,000,000 | -1,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 1,131,000,000 | 1,047,000,000 | 1,023,000,000 | 1,016,000,000 | 1,014,000,000 | 1,070,000,000 | 1,031,000,000 | 1,029,000,000 | 1,009,000,000 | 1,073,000,000 | 1,038,000,000 | 1,061,000,000 | 1,053,000,000 | 1,192,700,000 | 913,800,000 | 911,700,000 | 880,700,000 | 921,072,000 | 879,633,000 | 843,262,000 | 829,011,000 | 846,080,000 | 774,606,000 | 718,380,000 | 786,807,000 | 843,592,000 | 541,960,000 | 499,068,000 | 499,573,000 | 500,122,000 | 485,829,000 | 497,720,000 | 512,827,000 | 482,798,000 | 487,430,000 | 430,166,000 | 217,404,000 | 202,762,000 | 197,987,000 | 197,729,000 | 179,421,000 | 176,582,000 | 168,780,000 | 165,487,000 | 123,905,000 | 116,048,000 | 111,988,000 | 106,133,000 | 73,261,250 | 100,639,000 | 98,019,000 | 94,387,000 | 49,483,250 | 66,395,000 | 65,401,000 | 66,137,000 | 68,568,000 | 66,571,000 | 62,580,000 | 60,779,000 | 66,146,000 | 60,270,000 | 60,585,000 | 58,802,000 | 45,979,750 | 74,032,000 | 53,108,000 | 56,779,000 | 97,775,000 | 107,074,000 | 54,452,000 | 63,773,000 | 58,862,000 | 56,138,000 | 55,308,000 | 55,951,000 | 58,321,000 | 53,779,000 | 53,482,000 | 53,737,000 | 54,619,000 | 51,097,000 | 50,884,000 | 50,843,000 | 55,871,000 | 51,124,000 | 49,464,000 | 51,577,000 | |
income from operations | 265,000,000 | 242,000,000 | 175,000,000 | 213,000,000 | 220,000,000 | 417,000,000 | 335,000,000 | 240,000,000 | 275,000,000 | 231,000,000 | 94,000,000 | 179,000,000 | 204,000,000 | 294,000,000 | 355,300,000 | 333,400,000 | 329,400,000 | 324,766,000 | 277,379,000 | 288,328,000 | 284,920,000 | 530,531,000 | 343,597,000 | 196,253,000 | 305,015,000 | 256,498,000 | 121,615,000 | 149,944,000 | 127,074,000 | 192,893,000 | 174,494,000 | 117,616,000 | 140,837,000 | 129,072,000 | 138,685,000 | 110,151,000 | 92,475,000 | 72,897,000 | 64,007,000 | 57,929,000 | 67,346,000 | 48,315,000 | 52,542,000 | 37,904,000 | 68,899,000 | 41,696,000 | 34,942,000 | 27,700,000 | -71,059,759 | 25,153,000 | 28,192,000 | 17,818,000 | 35,380,000 | 23,557,000 | 23,463,000 | 17,505,000 | 17,634,000 | 8,268,000 | 12,925,000 | 9,166,000 | 30,910,000 | 12,856,000 | 13,957,000 | 9,824,000 | 14,101,000 | -13,633,000 | 9,044,000 | -1,311,000 | -17,461,000 | -36,799,000 | 16,166,000 | -61,000 | 12,693,000 | 8,325,000 | 13,421,000 | 6,103,000 | 18,873,000 | 9,809,000 | 11,079,000 | 6,089,000 | 6,906,000 | 2,868,000 | 7,016,000 | 1,820,000 | 14,592,000 | 8,760,000 | 11,693,000 | 2,659,000 | |
yoy | 20.45% | -41.97% | -47.76% | -11.25% | -20.00% | 80.52% | 256.38% | 34.08% | 34.80% | -21.43% | -73.54% | -46.31% | -38.07% | -9.47% | 28.09% | 15.63% | 15.61% | -38.78% | -19.27% | 46.92% | -6.59% | 106.84% | 182.53% | 30.88% | 140.03% | 32.97% | -30.30% | 27.49% | -9.77% | 49.45% | 25.82% | 6.78% | 52.30% | 77.06% | 116.67% | 90.15% | 37.31% | 50.88% | 21.82% | 52.83% | -2.25% | 15.87% | 50.37% | 36.84% | -196.96% | 65.77% | 23.94% | 55.46% | -300.85% | 6.78% | 20.16% | 1.79% | 100.64% | 184.92% | 81.53% | 90.98% | -42.95% | -35.69% | -7.39% | -6.70% | 119.20% | -194.30% | 54.32% | -849.35% | -180.76% | -62.95% | -44.06% | 2049.18% | -237.56% | -542.03% | 20.45% | -101.00% | -32.75% | -15.13% | 21.14% | 0.23% | 173.28% | 242.02% | 57.91% | 234.56% | -52.67% | -67.26% | -40.00% | -31.55% | |||||
qoq | 9.50% | 38.29% | -17.84% | -3.18% | -47.24% | 24.48% | 39.58% | -12.73% | 19.05% | 145.74% | -47.49% | -12.25% | -30.61% | -17.25% | 6.57% | 1.21% | 1.43% | 17.08% | -3.80% | 1.20% | -46.30% | 54.41% | 75.08% | -35.66% | 18.92% | 110.91% | -18.89% | 18.00% | -34.12% | 10.54% | 48.36% | -16.49% | 9.12% | -6.93% | 25.90% | 19.11% | 26.86% | 13.89% | 10.49% | -13.98% | 39.39% | -8.04% | 38.62% | -44.99% | 65.24% | 19.33% | 26.14% | -138.98% | -382.51% | -10.78% | 58.22% | -49.64% | 50.19% | 0.40% | 34.04% | -0.73% | 113.28% | -36.03% | 41.01% | -70.35% | 140.43% | -7.89% | 42.07% | -30.33% | -203.43% | -250.74% | -789.86% | -92.49% | -52.55% | -327.63% | -26601.64% | -100.48% | 52.47% | -37.97% | 119.91% | -67.66% | 92.40% | -11.46% | 81.95% | -11.83% | 140.79% | -59.12% | 285.49% | -87.53% | 66.58% | -25.08% | 339.75% | ||
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 16.04% | 5.05% | 11.52% | 3.34% | 19.71% | 13.70% | 17.92% | 4.71% | |
income from equity method investments | 4,000,000 | 6,000,000 | 5,000,000 | 11,000,000 | 8,000,000 | 18,000,000 | 17,000,000 | 16,000,000 | 19,000,000 | 22,000,000 | 24,000,000 | 32,000,000 | 25,000,000 | 43,200,000 | 36,600,000 | 35,900,000 | 37,700,000 | 46,873,000 | 20,783,000 | 27,116,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -120,000,000 | -91,000,000 | -94,000,000 | -97,000,000 | -97,000,000 | -104,000,000 | -113,000,000 | -113,000,000 | -114,000,000 | -115,000,000 | -113,000,000 | -111,000,000 | -107,000,000 | -103,400,000 | -88,600,000 | -75,400,000 | -69,200,000 | -70,094,000 | -70,377,000 | -70,126,000 | -72,054,000 | -74,503,000 | -77,265,000 | -82,251,000 | -101,284,000 | -106,831,000 | -93,199,000 | -51,363,000 | -52,957,000 | -56,237,000 | -56,281,000 | -54,589,000 | -52,668,000 | -53,605,000 | -55,685,000 | -79,237,000 | -46,310,000 | -29,622,000 | -20,577,000 | -20,654,000 | -20,440,000 | -20,396,000 | -20,391,000 | -19,293,000 | -15,920,000 | -15,530,000 | -15,339,000 | -15,170,000 | 50,285,757 | -16,900,000 | -16,903,000 | -16,549,000 | -13,638,000 | -12,438,000 | -12,574,000 | -12,909,000 | -12,922,000 | -13,069,000 | -13,308,000 | -13,705,000 | |||||||||||||||||||||||||||||
pension and other postretirement plans credit | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 10,400,000 | 11,000,000 | 10,800,000 | 10,900,000 | 27,964,000 | 17,657,000 | 17,658,000 | 17,657,000 | 13,725,000 | 10,761,000 | 10,762,000 | 10,762,000 | 10,222,000 | 2,578,000 | 1,400,000 | 1,400,000 | 2,458,000 | 2,950,000 | 2,950,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | -3,000,000 | -5,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -4,900,000 | -641,000 | -414,000 | -884,000 | -292,000 | -161,000 | -900,000 | -107,000 | -146,000 | -126,000 | -147,000 | -136,000 | -134,000 | -115,000 | -150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 153,000,000 | -214,000,000 | 96,000,000 | 130,000,000 | 138,000,000 | 337,000,000 | 244,000,000 | 149,000,000 | 228,000,000 | 147,000,000 | 14,000,000 | 110,000,000 | 130,000,000 | 245,700,000 | 369,400,000 | 298,100,000 | 303,900,000 | 328,868,000 | 235,010,000 | 270,517,000 | 258,919,000 | 492,493,000 | 254,490,000 | 135,547,000 | 222,038,000 | 168,283,000 | 34,329,000 | 97,381,000 | 73,328,000 | 135,071,000 | 119,870,000 | 64,845,000 | 87,519,000 | 74,085,000 | 80,777,000 | -997,000 | 47,101,000 | 43,149,000 | 43,283,000 | 37,139,000 | 46,772,000 | 27,804,000 | 32,001,000 | 18,493,000 | 14,450,250 | 25,994,000 | 19,405,000 | 12,402,000 | 4,877,750 | 7,121,000 | 11,205,000 | 1,185,000 | 6,526,750 | 11,119,000 | 10,392,000 | 4,596,000 | 4,712,000 | -4,801,000 | -1,191,000 | -4,886,000 | 16,315,000 | -1,518,000 | -7,827,000 | -2,045,000 | 2,302,000 | -22,296,000 | 149,000 | 7,431,000 | -26,906,000 | -48,331,000 | 5,511,000 | -13,649,000 | -923,000 | -5,337,000 | -205,000 | -7,501,000 | 5,725,000 | -3,208,000 | -1,654,000 | -6,036,000 | -9,705,750 | -8,011,000 | -19,548,000 | -11,264,000 | -4,991,750 | -5,361,000 | 1,627,000 | -16,233,000 | |
income tax benefit | 7,000,000 | -17,504,000 | 5,941,000 | -2,041,000 | -1,477,000 | 283,750 | 3,905,000 | 5,626,000 | 3,003,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 160,000,000 | -170,000,000 | 65,000,000 | 91,000,000 | 97,000,000 | 230,000,000 | 180,000,000 | 106,000,000 | 167,000,000 | 99,000,000 | 8,000,000 | 75,000,000 | 88,000,000 | 178,100,000 | 287,500,000 | 226,500,000 | 251,400,000 | 262,328,000 | 169,157,000 | 199,761,000 | 199,190,000 | 362,912,000 | 189,313,000 | 98,141,000 | 157,694,000 | 113,851,000 | -5,178,000 | 70,735,000 | 56,887,000 | 99,828,000 | 86,606,000 | 47,341,000 | 379,856,000 | 42,072,000 | 48,455,000 | 4,944,000 | 20,411,000 | 25,616,000 | 24,799,000 | 22,274,000 | 27,416,000 | 17,155,000 | 19,900,000 | 11,912,000 | 30,849,000 | 15,404,000 | 10,944,000 | 7,353,000 | -10,668,785 | 3,595,000 | 6,367,000 | 705,000 | 161,097,000 | 9,561,000 | 8,818,000 | 3,016,000 | 3,264,000 | -6,259,000 | -2,584,000 | -6,312,000 | 14,274,000 | -2,995,000 | -9,422,000 | -3,673,000 | 967,000 | -18,391,000 | -1,242,000 | 6,052,000 | -21,280,000 | -45,328,000 | 3,877,000 | -15,328,000 | -2,605,000 | -6,844,000 | -1,291,000 | -9,033,000 | 4,604,000 | -3,941,000 | -2,368,000 | -7,287,000 | -6,107,000 | -8,887,000 | -20,928,000 | -12,808,000 | 741,000 | -5,702,000 | 1,175,000 | -16,714,000 | |
yoy | 64.95% | -173.91% | -63.89% | -14.15% | -41.92% | 132.32% | 2150.00% | 41.33% | 89.77% | -44.41% | -97.22% | -66.89% | -65.00% | -32.11% | 69.96% | 13.39% | 26.21% | -27.72% | -10.65% | 103.54% | 26.31% | 218.76% | -3756.10% | 38.74% | 177.21% | 14.05% | -105.98% | 49.42% | -85.02% | 137.28% | 78.73% | 857.54% | 1761.04% | 64.24% | 95.39% | -77.80% | -25.55% | 49.32% | 24.62% | 86.99% | -11.13% | 11.37% | 81.83% | 62.00% | -389.15% | 328.48% | 71.89% | 942.98% | -106.62% | -62.40% | -27.80% | -76.62% | 4835.57% | -252.76% | -441.25% | -147.78% | -77.13% | 108.98% | -72.57% | 71.85% | 1376.11% | -83.71% | 658.62% | -160.69% | -104.54% | -59.43% | -132.04% | -139.48% | 716.89% | 562.30% | -400.31% | 69.69% | -156.58% | 73.66% | -45.48% | 23.96% | -175.39% | -55.65% | -88.69% | -43.11% | -924.16% | 55.86% | -1881.11% | -23.37% | |||||
qoq | -194.12% | -361.54% | -28.57% | -6.19% | -57.83% | 27.78% | 69.81% | -36.53% | 68.69% | 1137.50% | -89.33% | -14.77% | -50.59% | -38.05% | 26.93% | -9.90% | -4.17% | 55.08% | -15.32% | 0.29% | -45.11% | 91.70% | 92.90% | -37.76% | 38.51% | -2298.74% | -107.32% | 24.34% | -43.01% | 15.27% | 82.94% | -87.54% | 802.87% | -13.17% | 880.08% | -75.78% | -20.32% | 3.29% | 11.34% | -18.76% | 59.81% | -13.79% | 67.06% | -61.39% | 100.27% | 40.75% | 48.84% | -168.92% | -396.77% | -43.54% | 803.12% | -99.56% | 1584.94% | 8.43% | 192.37% | -7.60% | -152.15% | 142.22% | -59.06% | -144.22% | -576.59% | -68.21% | 156.52% | -479.83% | -105.26% | 1380.76% | -120.52% | -128.44% | -53.05% | -1269.15% | -125.29% | 488.41% | -61.94% | 430.13% | -85.71% | -296.20% | -216.82% | 66.43% | -67.50% | 19.32% | -31.28% | -57.54% | 63.40% | -1828.48% | -113.00% | -585.28% | -107.03% | ||
net income margin % | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -14.19% | -15.66% | -34.36% | -23.50% | 1.00% | -8.92% | 1.80% | -29.62% | |
net loss attributable to noncontrolling interests | 4,000,000 | 4,000,000 | 5,000,000 | 6,000,000 | 11,000,000 | 12,000,000 | 7,000,000 | 12,000,000 | 8,000,000 | 15,000,000 | 17,000,000 | 21,000,000 | 23,000,000 | 25,200,000 | 1,200,000 | 200,000 | 1,665,000 | 407,000 | 343,000 | 1,717,000 | 511,500 | 1,371,000 | 1,454,000 | -1,349,250 | -669,000 | -1,995,000 | 686,000 | 781,000 | 261,250 | 4,403,000 | 1,105,000 | 71,000 | -817,000 | -270,000 | -547,000 | -242,000 | 127,000 | 421,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to nexstar media group, inc. | 164,000,000 | -166,000,000 | 70,000,000 | 97,000,000 | 108,000,000 | 242,000,000 | 187,000,000 | 118,000,000 | 175,000,000 | 114,000,000 | 25,000,000 | 96,000,000 | 111,000,000 | 203,300,000 | 288,700,000 | 227,500,000 | 251,600,000 | 263,993,000 | 169,564,000 | 200,104,000 | 200,907,000 | 364,247,000 | 190,684,000 | 99,595,000 | 156,915,000 | 113,212,000 | -5,847,000 | 68,002,000 | 54,892,000 | 100,514,000 | 87,732,000 | 48,122,000 | 378,481,000 | 46,475,000 | 43,992,000 | 6,049,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.22 | -5.62 | 2.16 | 3.09 | 3.41 | 7.56 | 5.34 | 3,590,000 | 5,250,000 | 3,310,000 | 710,000 | 2,680,000 | 3,030,000 | 5,470,000 | 7,450,000 | 5,660,000 | 6,150,000 | 6,390 | 4,070 | 4,700 | 4,640 | 8,190 | 4,240 | 2,200 | 3,430 | 2,470 | -130 | 1,480 | 1,200 | 2,210 | 1,920 | 1,040 | 8,270 | 1,010 | 940 | 140 | 660 | 810 | 800 | 710 | 880 | 550 | 650 | 410 | 1,000 | 500 | 360 | 240 | -360.06 | 120 | 220 | 20 | 5,570 | 330 | 310 | 100 | |||||||||||||||||||||||||||||||||
diluted | 5.09 | -5.57 | 2.14 | 3.06 | 3.37 | 7.45 | 5.27 | 3,540,000 | 5,160,000 | 3,270,000 | 700,000 | 2,640,000 | 2,970,000 | 5,350,000 | 7,300,000 | 5,560,000 | 5,990,000 | 6,140 | 3,900 | 4,510 | 4,420 | 7,870 | 4,080 | 2,130 | 3,300 | 2,360 | -130 | 1,420 | 1,150 | 2,120 | 1,860 | 1,010 | 8,020 | 980 | 910 | 130 | 640 | 780 | 780 | 690 | 850 | 540 | 630 | 400 | 970 | 480 | 340 | 230 | -340.06 | 110 | 200 | 20 | 5,240 | 310 | 290 | 100 | |||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 30,371 | 30,349 | 30,319 | 30,221 | 30,532 | 32,311 | 32,020 | 32,816,000,000 | 33,449,000,000 | 35,317,000,000 | 34,931,000,000 | 35,788,000,000 | 36,718,000,000 | 39,349,000,000 | 38,767,000,000 | 40,200,000 | 40,900,000 | 42,133,000 | 41,676,000 | 42,604,000 | 43,297,000 | 44,921,000 | 44,979,000 | 45,267,000 | 45,702,000 | 45,986,000 | 46,114,000 | 46,090,000 | 45,785,000 | 45,552,000 | 45,631,000 | 46,075,000 | 45,754,000 | 46,107,000 | 46,931,000 | 44,200,000 | 30,687,000 | 30,695,000 | 30,680,000 | 30,658,000 | 31,100,000 | 31,262,000 | 31,325,000 | 31,196,000 | 30,774,000 | 30,888,000 | 30,641,000 | 30,603,000 | 29,897 | 30,048,000 | 29,604,000 | 29,461,000 | 28,940,000 | 28,960,000 | 28,875,000 | 28,807,000 | |||||||||||||||||||||||||||||||||
diluted | 31,166 | 30,707 | 30,649 | 30,514 | 30,927 | 32,796 | 32,441 | 33,287,000,000 | 34,024,000,000 | 35,834,000,000 | 35,367,000,000 | 36,314,000,000 | 37,448,000,000 | 40,187,000,000 | 39,560,000,000 | 40,900,000 | 42,000,000 | 43,982,000 | 43,476,000 | 44,386,000 | 45,421,000 | 46,720,000 | 46,737,000 | 46,849,000 | 47,615,000 | 47,923,000 | 46,114,000 | 47,971,000 | 47,784,000 | 47,338,000 | 47,147,000 | 47,685,000 | 47,149,000 | 47,452,000 | 48,195,000 | 45,419,000 | 31,664,000 | 31,698,000 | 31,620,000 | 31,538,000 | 32,091,000 | 32,151,000 | 32,382,000 | 32,256,000 | 32,003,000 | 32,067,000 | 31,932,000 | 31,909,000 | 29,897 | 31,509,000 | 31,325,000 | 31,054,000 | 30,732,000 | 30,703,000 | 30,341,000 | 30,639,000 | |||||||||||||||||||||||||||||||||
depreciation and amortization | 148,000,000 | 190,000,000 | 197,000,000 | 205,000,000 | 220,000,000 | 190,000,000 | 208,000,000 | 190,000,000 | -35,222,000 | 27,510,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of an investment | 40,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income (expenses) | -500,000 | 3,000,000 | 1,000,000 | 864,000 | -893,000 | 118,000 | -48,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 44,000,000 | -31,000,000 | -39,000,000 | -41,000,000 | -107,000,000 | -64,000,000 | -43,000,000 | -61,000,000 | -48,000,000 | -6,000,000 | -35,000,000 | -42,000,000 | -67,600,000 | -81,900,000 | -71,600,000 | -52,500,000 | -66,540,000 | -65,853,000 | -70,756,000 | -59,729,000 | -129,581,000 | -65,177,000 | -37,406,000 | -64,344,000 | -54,432,000 | -39,507,000 | -26,646,000 | -16,441,000 | -35,243,000 | -33,264,000 | -14,598,500 | -32,013,000 | -32,322,000 | -26,690,000 | -17,533,000 | -18,484,000 | -14,865,000 | -19,356,000 | -10,649,000 | -12,101,000 | -6,581,000 | -6,025,000 | -10,590,000 | -8,461,000 | -5,049,000 | -2,211,000 | -3,526,000 | -4,838,000 | -480,000 | -1,178,000 | -1,558,000 | -1,574,000 | -1,580,000 | -1,448,000 | -1,458,000 | -1,393,000 | -1,426,000 | -1,595,000 | -1,628,000 | -1,391,000 | -1,379,000 | -1,634,000 | -1,679,000 | -1,682,000 | -1,507,000 | -1,086,000 | -1,532,000 | -1,121,000 | -733,000 | -714,000 | -1,251,000 | -950,000 | -876,000 | -1,380,000 | -1,544,000 | -709,250 | -924,000 | -945,000 | -968,000 | ||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (expenses) income | -1,000,000 | -2,625,000 | 1,000,000 | -6,600,000 | -253,000 | -423,000 | -194,500 | -1,093,000 | -549,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share attributable to nexstar media group, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.22 | -5.62 | 2.16 | 3.09 | 3.41 | 7.56 | 5.34 | 3,590,000 | 5,250,000 | 3,310,000 | 710,000 | 2,680,000 | 3,030,000 | 5,470,000 | 7,450,000 | 5,660,000 | 6,150,000 | 6,390 | 4,070 | 4,700 | 4,640 | 8,190 | 4,240 | 2,200 | 3,430 | 2,470 | -130 | 1,480 | 1,200 | 2,210 | 1,920 | 1,040 | 8,270 | 1,010 | 940 | 140 | 660 | 810 | 800 | 710 | 880 | 550 | 650 | 410 | 1,000 | 500 | 360 | 240 | -360.06 | 120 | 220 | 20 | 5,570 | 330 | 310 | 100 | |||||||||||||||||||||||||||||||||
diluted | 5.09 | -5.57 | 2.14 | 3.06 | 3.37 | 7.45 | 5.27 | 3,540,000 | 5,160,000 | 3,270,000 | 700,000 | 2,640,000 | 2,970,000 | 5,350,000 | 7,300,000 | 5,560,000 | 5,990,000 | 6,140 | 3,900 | 4,510 | 4,420 | 7,870 | 4,080 | 2,130 | 3,300 | 2,360 | -130 | 1,420 | 1,150 | 2,120 | 1,860 | 1,010 | 8,020 | 980 | 910 | 130 | 640 | 780 | 780 | 690 | 850 | 540 | 630 | 400 | 970 | 480 | 340 | 230 | -340.06 | 110 | 200 | 20 | 5,240 | 310 | 290 | 100 | |||||||||||||||||||||||||||||||||
direct operating expenses, excluding depreciation and amortization | 403,250,000 | 537,000,000 | 537,000,000 | 538,000,000 | 502,100,000 | 511,100,000 | 501,600,000 | 490,000,000 | 470,626,000 | 480,056,000 | 462,325,000 | 449,392,000 | 435,731,000 | 423,091,000 | 416,639,000 | 445,059,000 | 437,398,000 | 322,327,000 | 296,044,000 | 292,863,000 | 285,363,000 | 274,439,000 | 278,963,000 | 264,410,000 | 257,656,000 | 252,610,000 | 218,729,000 | 98,195,000 | 100,744,000 | 92,935,000 | 90,123,000 | 77,144,000 | 80,417,000 | 75,011,000 | 69,685,000 | 51,931,000 | 48,395,000 | 45,257,000 | 41,849,000 | 26,958,750 | 37,270,000 | 36,461,000 | 34,104,000 | 21,852,000 | 22,128,000 | 22,023,000 | 20,826,000 | 19,705,000 | 19,103,000 | ||||||||||||||||||||||||||||||||||||||||
selling, general and administrative expenses, excluding depreciation and amortization | 202,000,000 | 281,000,000 | 262,000,000 | 266,000,000 | 326,700,000 | 260,800,000 | 266,600,000 | 247,800,000 | 280,106,000 | 258,194,000 | 242,510,000 | 243,437,000 | 273,886,000 | 226,544,000 | 193,243,000 | 218,384,000 | 260,480,000 | 183,083,000 | 144,058,000 | 142,360,000 | 140,297,000 | 138,903,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 182,750,000 | 220,000,000 | 262,000,000 | 249,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on bargain purchase | 1,500,000 | 54,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 57,975,000 | 76,800,000 | 77,400,000 | 77,700,000 | 77,683,000 | 75,730,000 | 73,812,000 | 73,687,000 | 70,350,000 | 69,265,000 | 69,512,000 | 70,583,000 | 84,779,000 | 42,443,000 | 36,357,000 | 36,738,000 | 37,157,000 | 37,181,000 | 36,302,000 | 38,799,000 | 33,986,000 | 38,557,000 | 48,158,000 | 11,669,000 | 11,505,000 | 11,319,000 | 12,079,000 | 12,827,000 | 11,351,000 | 11,237,000 | 13,060,000 | 7,153,000 | 6,392,000 | 6,112,000 | 6,193,000 | -22,869,852 | 7,996,000 | 6,914,000 | 7,990,000 | 4,148,750 | 5,480,000 | 5,511,000 | 5,604,000 | 5,568,000 | 7,213,000 | 7,359,000 | 5,839,000 | 5,881,000 | 5,932,000 | 5,987,000 | 5,932,000 | 4,443,000 | 5,936,000 | 5,944,000 | 5,892,000 | 9,029,000 | 6,345,000 | 6,383,000 | 6,372,000 | 6,362,000 | 6,377,000 | 6,467,000 | 6,465,000 | 6,012,000 | 6,017,000 | 6,053,000 | 6,053,000 | 6,472,000 | 6,630,000 | 6,647,000 | 6,762,000 | 6,266,000 | 6,308,000 | 6,969,000 | 6,920,000 | ||||||||||||||
depreciation of property and equipment | 29,650,000 | 40,200,000 | 39,300,000 | 39,100,000 | 45,839,000 | 41,354,000 | 39,904,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reimbursement from the fcc related to station repack | -500,000 | -600,000 | -1,809,000 | -5,585,000 | -6,926,000 | -5,415,000 | -5,914,000 | -12,873,000 | -25,716,000 | -12,758,000 | -16,336,000 | -20,417,000 | -19,416,000 | -14,187,000 | -5,389,000 | -5,697,000 | -1,364,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | 1,000,000 | -779,000 | -4,463,000 | 995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of stations and business units | -300,000 | -2,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the estimated fair value of contingent consideration attributable to a past merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on relinquishment of spectrum | -10,791,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -1,305,000 | -856,000 | -63,000 | -989,000 | -5,897,000 | -37,371,000 | -7,477,000 | -6,577,000 | -2,026,000 | -1,698,000 | -3,159,000 | -481,000 | -1,005,000 | -534,000 | -1,221,000 | -1,323,000 | -31,804,000 | -71,000 | -262,000 | -1,048,000 | -124,250 | -497,000 | -288,750 | -808,000 | -15,715,000 | -1,880,000 | -6,824,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on an equity investment measured at fair value | 1,423,750 | -2,162,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-off of an equity investment | -1,750,000 | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of stations and business units | -14,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on equity investments measured at fair value | 7,857,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 39,468,000 | 39,901,000 | 36,611,000 | 35,770,000 | 35,406,000 | 38,485,000 | 29,363,000 | 28,090,000 | 27,437,000 | 27,673,000 | 25,090,000 | 25,814,000 | 26,161,000 | 25,979,000 | 26,292,000 | 22,226,000 | 13,126,000 | 12,877,000 | 12,739,000 | 12,558,000 | 11,972,000 | 13,076,000 | 11,302,000 | 10,872,000 | 9,247,000 | 8,838,000 | 8,543,000 | 8,419,000 | -24,757,422 | 8,598,000 | 8,213,000 | 7,980,000 | 4,339,750 | 5,896,000 | 5,715,000 | 5,748,000 | 5,792,000 | 5,618,000 | 5,205,000 | 5,230,000 | 5,223,000 | 5,252,000 | 5,257,000 | 5,380,000 | 4,000,750 | 5,413,000 | 5,394,000 | 5,196,000 | 5,374,000 | 5,229,000 | 5,088,000 | 5,333,000 | 5,186,000 | 5,011,000 | 5,024,000 | 4,988,000 | 4,438,000 | 4,400,000 | 4,622,000 | 4,626,000 | 3,987,000 | 3,996,000 | 4,327,000 | 4,423,000 | 4,511,000 | 4,107,000 | 4,208,000 | 5,123,000 | |||||||||||||||||||||
income on equity investments | 29,808,000 | 28,803,000 | 15,861,000 | 11,332,000 | 14,158,000 | 15,864,000 | 3,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets impairment | 63,317,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of stations and entities | -1,756,250 | -7,075,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the estimated fair value of contingent consideration attributable to a merger | 983,250 | 3,933,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of stations and entities | 50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of stations | 517,000 | -96,608,000 | -57,716,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | -574,000 | -812,000 | -118,000 | -129,000 | -172,000 | -127,000 | -128,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to noncontrolling interests | -2,733,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -491,000 | -127,000 | -63,000 | -84,000 | -84,000 | -84,000 | 4,000 | 424,000 | 1,142,000 | 862,000 | 2,947,000 | 759,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests | 1,126,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 375 | 375 | 300 | 300 | 300 | 300 | 240 | 240 | 240 | 240 | 190 | 190 | 190 | 190 | 150 | 150 | 150 | 150 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses, excluding depreciation and amortization | 141,905,000 | 136,091,000 | 137,308,000 | 144,285,000 | 174,302,000 | 66,067,000 | 63,602,000 | 65,772,000 | 68,165,000 | 62,208,000 | 56,426,000 | 56,557,000 | 57,289,000 | 46,303,000 | 43,652,000 | 43,796,000 | 41,040,000 | 27,663,000 | 37,587,000 | 37,565,000 | 35,493,000 | 27,133,000 | 27,128,000 | 28,854,000 | 26,346,000 | 24,955,000 | 25,012,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to nexstar broadcasting group, inc. | 17,763,750 | 24,799,000 | 24,529,000 | 21,727,000 | 27,174,000 | 17,282,000 | 20,321,000 | 12,907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share attributable to nexstar broadcasting group, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.22 | -5.62 | 2.16 | 3.09 | 3.41 | 7.56 | 5.34 | 3,590,000 | 5,250,000 | 3,310,000 | 710,000 | 2,680,000 | 3,030,000 | 5,470,000 | 7,450,000 | 5,660,000 | 6,150,000 | 6,390 | 4,070 | 4,700 | 4,640 | 8,190 | 4,240 | 2,200 | 3,430 | 2,470 | -130 | 1,480 | 1,200 | 2,210 | 1,920 | 1,040 | 8,270 | 1,010 | 940 | 140 | 660 | 810 | 800 | 710 | 880 | 550 | 650 | 410 | 1,000 | 500 | 360 | 240 | -360.06 | 120 | 220 | 20 | 5,570 | 330 | 310 | 100 | |||||||||||||||||||||||||||||||||
diluted | 5.09 | -5.57 | 2.14 | 3.06 | 3.37 | 7.45 | 5.27 | 3,540,000 | 5,160,000 | 3,270,000 | 700,000 | 2,640,000 | 2,970,000 | 5,350,000 | 7,300,000 | 5,560,000 | 5,990,000 | 6,140 | 3,900 | 4,510 | 4,420 | 7,870 | 4,080 | 2,130 | 3,300 | 2,360 | -130 | 1,420 | 1,150 | 2,120 | 1,860 | 1,010 | 8,020 | 980 | 910 | 130 | 640 | 780 | 780 | 690 | 850 | 540 | 630 | 400 | 970 | 480 | 340 | 230 | -340.06 | 110 | 200 | 20 | 5,240 | 310 | 290 | 100 | |||||||||||||||||||||||||||||||||
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.22 | -5.62 | 2.16 | 3.09 | 3.41 | 7.56 | 5.34 | 3,590,000 | 5,250,000 | 3,310,000 | 710,000 | 2,680,000 | 3,030,000 | 5,470,000 | 7,450,000 | 5,660,000 | 6,150,000 | 6,390 | 4,070 | 4,700 | 4,640 | 8,190 | 4,240 | 2,200 | 3,430 | 2,470 | -130 | 1,480 | 1,200 | 2,210 | 1,920 | 1,040 | 8,270 | 1,010 | 940 | 140 | 660 | 810 | 800 | 710 | 880 | 550 | 650 | 410 | 1,000 | 500 | 360 | 240 | -360.06 | 120 | 220 | 20 | 5,570 | 330 | 310 | 100 | |||||||||||||||||||||||||||||||||
diluted | 5.09 | -5.57 | 2.14 | 3.06 | 3.37 | 7.45 | 5.27 | 3,540,000 | 5,160,000 | 3,270,000 | 700,000 | 2,640,000 | 2,970,000 | 5,350,000 | 7,300,000 | 5,560,000 | 5,990,000 | 6,140 | 3,900 | 4,510 | 4,420 | 7,870 | 4,080 | 2,130 | 3,300 | 2,360 | -130 | 1,420 | 1,150 | 2,120 | 1,860 | 1,010 | 8,020 | 980 | 910 | 130 | 640 | 780 | 780 | 690 | 850 | 540 | 630 | 400 | 970 | 480 | 340 | 230 | -340.06 | 110 | 200 | 20 | 5,240 | 310 | 290 | 100 | |||||||||||||||||||||||||||||||||
dividends paid per common share | 90 | 120 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset disposal | 7,000 | 441,000 | -82,000 | 94,000 | 8,000 | 298,000 | 10,000 | 11,000 | -24,000 | 253,000 | 7,000 | -2,229,000 | 254,000 | -127,000 | -205,000 | 120,000 | -47,000 | -242,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct operating expenses, excluding depreciation and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization | 16,482,500 | 21,950,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses, excluding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on asset disposal | -6,250 | -4,000 | -2,000 | -19,000 | -591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 110 | -220 | -90 | -220 | 510 | -110 | -330 | -130 | -120 | -650 | -40 | 210 | -750 | -1,590 | 140 | -540 | -100 | -240 | -50 | -320 | 160 | -140 | -80 | -260 | -375 | -310 | -740 | -450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 28,626,000 | 28,799,000 | 28,452,000 | 28,450,000 | 28,434,000 | 28,432,000 | 28,431,000 | 28,430,000 | 28,426,000 | 28,425,000 | 28,425,000 | 28,423,000 | 28,425,000 | 28,422,000 | 28,418,000 | 28,401,000 | 28,402,000 | 28,402,000 | 28,393,000 | 28,376,000 | 28,379,000 | 28,372,000 | 28,363,000 | 28,363 | 28,363,000 | 28,363,000 | 28,363,000 | 28,363 | 28,363,000 | 28,363,000 | 28,363 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | -347,000 | -482,000 | -65,000 | -7,903,000 | 94,000 | 18,567,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct operating expenses | 14,558,000 | 19,669,000 | 19,580,000 | 18,983,000 | 20,366,000 | 18,726,000 | 19,086,000 | 19,055,000 | 20,098,000 | 19,410,000 | 19,283,000 | 19,496,000 | 19,219,000 | 18,202,000 | 18,551,000 | 18,156,000 | 18,634,000 | 17,738,000 | 17,705,000 | 17,388,000 | 18,487,000 | 16,663,000 | 16,661,000 | 16,306,000 | 17,950,000 | 16,685,000 | 15,937,000 | 15,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses | 17,997,500 | 23,986,000 | 24,754,000 | 23,250,000 | 16,570,000 | 21,628,000 | 21,181,000 | 23,471,000 | 24,829,000 | 22,915,000 | 21,839,000 | 20,885,000 | 23,119,000 | 21,569,000 | 21,787,000 | 20,298,000 | 23,787,000 | 20,380,000 | 20,748,000 | 20,378,000 | 20,334,000 | 18,129,000 | 17,320,000 | 17,194,000 | 20,777,000 | 17,898,000 | 16,925,000 | 16,719,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructure charge | 314,000 | 356,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contract termination fees | 191,000 | 7,167,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and intangible assets | 4,041,000 | 16,164,000 | 12,134,250 | 48,537,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset exchange | -30,000 | -1,383,000 | -2,612,000 | -2,438,000 | -1,660,000 | -697,000 | -487,000 | -2,742,000 | -850,000 | -427,000 | -500,000 | -1,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization of debt financing costs | -10,039,500 | -14,310,000 | -13,884,000 | -11,964,000 | -6,858,250 | -8,668,000 | -8,905,000 | -9,860,000 | -10,806,000 | -13,989,000 | -13,762,000 | -13,787,000 | -13,771,000 | -13,720,000 | -13,453,000 | -13,189,000 | -12,899,000 | -12,242,000 | -11,928,000 | -11,364,000 | -10,893,000 | -13,075,000 | -13,260,000 | -13,132,000 | -13,030,000 | -12,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 2,000 | 1,000 | 3,000 | 1,000 | 12,500 | 5,000 | 10,000 | 35,000 | 89,000 | 74,000 | 151,000 | 401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization of debt financing costs and debt discounts | -12,431,000 | -11,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on asset disposal | 35,000 | 152,000 | 136,000 | 423,000 | 16,000 | 64,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 146,000 | 125,000 | 145,000 | 116,000 | 305,000 | 172,000 | 166,000 | 117,000 | 69,000 | 61,000 | 44,000 | 39,000 | 51,000 | 29,000 | 17,000 | 16,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on property held for sale | 616,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 43,047,750 | 56,767,000 | 60,915,000 | 54,509,000 | 74,030,000 | 63,948,000 | 65,259,000 | 56,427,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | -41.85% | -11.23% | -6.66% | -3.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -24.17% | -6.81% | 11.75% | -26.37% | 15.77% | -2.01% | 15.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: commissions | -5,595,750 | -7,387,000 | -8,000,000 | -6,996,000 | 59,826,000 | -8,571,000 | -8,791,000 | -7,459,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net broadcast revenue | 37,452,000 | 49,380,000 | 52,915,000 | 47,513,000 | 63,846,000 | 55,377,000 | 56,468,000 | 48,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade and barter revenue | 3,680,000 | 4,585,000 | 4,985,000 | 5,150,000 | 6,617,000 | 4,507,000 | 4,689,000 | 5,268,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net revenue | 41,132,000 | 53,965,000 | 57,900,000 | 52,663,000 | 70,463,000 | 59,884,000 | 61,157,000 | 54,236,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger related expenses | 456,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset disposal (including deferred gain recognition) | 7,250 | -2,000 | 31,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest in consolidated entity | -10,655,750 | -8,887,000 | -20,928,000 | -12,808,000 | 682,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated entity | 543,000 | 583,000 | 493,000 | 487,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of change in accounting principle and minority interest in consolidated entity | 198,000 | -6,285,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | 21,240,999.28 | -5,702,000 | 1,175,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income attributable to common shareholders per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 28,626,000 | 28,799,000 | 28,452,000 | 28,450,000 | 28,434,000 | 28,432,000 | 28,431,000 | 28,430,000 | 28,426,000 | 28,425,000 | 28,425,000 | 28,423,000 | 28,425,000 | 28,422,000 | 28,418,000 | 28,401,000 | 28,402,000 | 28,402,000 | 28,393,000 | 28,376,000 | 28,379,000 | 28,372,000 | 28,363,000 | 28,363 | 28,363,000 | 28,363,000 | 28,363,000 | 28,363 | 28,363,000 | 28,363,000 | 28,363 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before minority interest in consolidated entity | -17,201,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common shareholders | -16,714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share: |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2012-12-31 | 2011-12-31 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 280,000,000 | 236,000,000 | 234,000,000 | 253,000,000 | 144,000,000 | 181,000,000 | 146,000,000 | 237,000,000 | 135,000,000 | 150,000,000 | 346,000,000 | 413,000,000 | 204,100,000 | 346,600,000 | 276,400,000 | 326,200,000 | 190,868,000 | 193,831,000 | 313,269,000 | 339,777,000 | 152,701,000 | 409,906,000 | 664,624,000 | 434,067,000 | 232,070,000 | 317,420,000 | 79,924,000 | 128,591,000 | 118,423,000 | 147,681,000 | 109,121,000 | 115,652,000 | 135,801,000 | 85,902,000 | 72,892,000 | 87,680,000 | 29,256,000 | 27,182,000 | 12,821,000 | 43,416,000 | 23,356,000 | 26,891,000 | 44,584,000 | 131,912,000 | 68,676,000 | 32,113,000 | 40,028,000 | 24,619,000 | 45,625,000 | 68,999,000 | 7,546,000 | 12,119,000 | 15,834,000 | 11,648,000 | 15,631,000 | 58,474,000 | 16,226,000 | 5,909,000 | 8,827,000 | 7,868,000 | 11,179,000 | 13,097,000 | 12,697,000 | 11,825,000 | 13,487,000 | 5,782,000 | 10,260,000 | 13,859,000 | 18,505,000 | 14,617,000 | 10,398,000 | 17,119,000 | 10,848,000 |
accounts receivable | 1,075,000,000 | 1,013,000,000 | 1,022,000,000 | 1,030,000,000 | 1,028,000,000 | 1,016,000,000 | 1,048,000,000 | 1,051,000,000 | 1,095,000,000 | 891,000,000 | 944,000,000 | 1,008,000,000 | 1,079,400,000 | 986,900,000 | 951,200,000 | 1,016,700,000 | 1,021,051,000 | 923,005,000 | 895,451,000 | 920,055,000 | 904,801,000 | 782,198,000 | 762,930,000 | 888,738,000 | 883,921,000 | 860,794,000 | 542,610,000 | 540,525,000 | 551,728,000 | 524,078,000 | 542,725,000 | 562,943,000 | 518,542,000 | 503,119,000 | 533,931,000 | 218,058,000 | 214,404,000 | 206,830,000 | 199,999,000 | 192,991,000 | 174,709,000 | 171,958,000 | 164,581,000 | 127,878,000 | 109,017,000 | 106,851,000 | 109,430,000 | 102,064,000 | 104,359,000 | 74,553,000 | 71,279,000 | 48,782,000 | 53,190,000 | 55,740,000 | 56,075,000 | 51,242,000 | 55,346,000 | 53,362,000 | 53,344,000 | 48,496,000 | 48,539,000 | 48,897,000 | 50,286,000 | 45,971,000 | 46,706,000 | 43,940,000 | 45,428,000 | 42,027,000 | 48,391,000 | 46,672,000 | 49,237,000 | 41,827,000 | 44,852,000 |
broadcast rights | 61,000,000 | 62,000,000 | 54,000,000 | 70,000,000 | 84,000,000 | 132,000,000 | 119,000,000 | 148,000,000 | 136,000,000 | 133,000,000 | 114,000,000 | 183,000,000 | 194,000,000 | 154,800,000 | 15,730,000 | 15,495,000 | 13,100,000 | 14,937,000 | 16,297,000 | 18,839,000 | 14,367,000 | 16,855,000 | 8,631,000 | 9,351,000 | 7,702,000 | 9,289,000 | 9,724,000 | 6,584,000 | 7,456,000 | 7,674,000 | 9,240,000 | 7,001,000 | 8,084,000 | 9,869,000 | 10,832,000 | 7,567,000 | 4,418,000 | 3,704,000 | 4,700,000 | 3,258,000 | 4,363,000 | 6,423,000 | 7,496,000 | 4,970,000 | 6,709,000 | 7,446,000 | |||||||||||||||||||||||||||
prepaid expenses and other current assets | 57,000,000 | 82,000,000 | 80,000,000 | 49,000,000 | 41,000,000 | 92,000,000 | 159,000,000 | 58,000,000 | 88,000,000 | 152,000,000 | 155,000,000 | 80,000,000 | 121,400,000 | 162,400,000 | 211,800,000 | 123,500,000 | 185,174,000 | 178,104,000 | 167,761,000 | 99,679,000 | 135,872,000 | 132,498,000 | 98,620,000 | 107,706,000 | 151,997,000 | 121,747,000 | 34,445,000 | 22,401,000 | 44,334,000 | 45,329,000 | 44,010,000 | 71,859,000 | 34,388,000 | 30,490,000 | 33,748,000 | 15,030,000 | 27,866,000 | 14,820,000 | 6,570,000 | 7,324,000 | 7,986,000 | 3,535,000 | 5,692,000 | 16,137,000 | 13,847,000 | 12,091,000 | 6,066,000 | 5,862,000 | 2,691,000 | 11,297,000 | 1,734,000 | 2,900,000 | 1,562,000 | 1,993,000 | 1,620,000 | 2,511,000 | 2,482,000 | 2,453,000 | 1,089,000 | 1,768,000 | 2,261,000 | 2,672,000 | 2,489,000 | 1,730,000 | 1,980,000 | 2,410,000 | 1,163,000 | 1,945,000 | 2,580,000 | 3,225,000 | 1,480,000 | 1,939,000 | 1,974,000 |
total current assets | 1,473,000,000 | 1,393,000,000 | 1,390,000,000 | 1,402,000,000 | 1,297,000,000 | 1,421,000,000 | 1,472,000,000 | 1,494,000,000 | 1,466,000,000 | 1,340,000,000 | 1,573,000,000 | 1,698,000,000 | 1,614,500,000 | 1,666,300,000 | 1,455,000,000 | 1,482,000,000 | 1,412,719,000 | 1,311,548,000 | 1,393,089,000 | 1,376,119,000 | 1,209,982,000 | 1,341,212,000 | 1,542,784,000 | 1,514,290,000 | 1,351,767,000 | 1,435,617,000 | 775,948,000 | 743,519,000 | 766,487,000 | 717,088,000 | 1,001,629,000 | 1,056,218,000 | 1,029,419,000 | 1,078,515,000 | 1,082,180,000 | 363,217,000 | 287,021,000 | 261,932,000 | 234,327,000 | 260,028,000 | 289,153,000 | 266,911,000 | 281,638,000 | 317,664,000 | 230,125,000 | 189,640,000 | 201,166,000 | 149,317,000 | 168,370,000 | 163,326,000 | 96,849,000 | 84,874,000 | 87,486,000 | 79,401,000 | 122,278,000 | 88,305,000 | 80,026,000 | 69,901,000 | 68,932,000 | 77,123,000 | 83,276,000 | 71,266,000 | 68,440,000 | 75,263,000 | 69,419,000 | 64,981,000 | 69,911,000 | 86,768,000 | 84,681,000 | 70,173,000 | 73,892,000 | 76,759,000 | |
property and equipment | 1,158,000,000 | 1,162,000,000 | 1,178,000,000 | 1,200,000,000 | 1,207,000,000 | 1,233,000,000 | 1,251,000,000 | 1,264,000,000 | 1,269,000,000 | 1,279,000,000 | 1,267,000,000 | 1,256,000,000 | 1,262,400,000 | 1,491,000,000 | 1,492,500,000 | 1,502,100,000 | 1,512,470,000 | 1,585,703,000 | 1,592,146,000 | 1,600,909,000 | 1,604,881,000 | 1,598,081,000 | 1,581,348,000 | 1,546,873,000 | 1,290,428,000 | 1,257,086,000 | 748,647,000 | 739,981,000 | 723,869,000 | 720,464,000 | 725,273,000 | 734,138,000 | 738,222,000 | 738,727,000 | 741,484,000 | 276,153,000 | 283,600,000 | 283,863,000 | 287,655,000 | 266,583,000 | 271,567,000 | 276,191,000 | 277,837,000 | 237,739,000 | 215,594,000 | 219,155,000 | 212,259,000 | 219,263,000 | 209,518,000 | 180,162,000 | 146,613,000 | 140,603,000 | 135,878,000 | 128,439,000 | 121,356,000 | 120,095,000 | 111,612,000 | 111,464,000 | 112,386,000 | 111,777,000 | 110,903,000 | 100,881,000 | 97,892,000 | 96,537,000 | 98,156,000 | 99,021,000 | 99,497,000 | 100,667,000 | 101,068,000 | 95,121,000 | 96,384,000 | 89,163,000 | 91,818,000 |
goodwill | 2,910,000,000 | 2,924,000,000 | 2,924,000,000 | 2,924,000,000 | 2,922,000,000 | 2,946,000,000 | 2,946,000,000 | 2,946,000,000 | 2,946,000,000 | 2,965,000,000 | 2,961,000,000 | 2,961,000,000 | 2,960,800,000 | 3,051,600,000 | 3,051,600,000 | 3,051,600,000 | 3,051,661,000 | 3,051,892,000 | 2,982,525,000 | 2,982,507,000 | 2,984,008,000 | 2,861,314,000 | 2,880,675,000 | 2,879,748,000 | 2,996,875,000 | 3,082,652,000 | 2,166,410,000 | 2,167,954,000 | 2,187,338,000 | 2,184,982,000 | 2,183,998,000 | 2,142,846,000 | 2,146,797,000 | 2,145,868,000 | 2,121,597,000 | 473,304,000 | 488,432,000 | 459,960,000 | 459,924,000 | 451,662,000 | 445,187,000 | 443,855,000 | 441,129,000 | 256,491,000 | 214,453,000 | 213,880,000 | 198,052,000 | 188,108,000 | 167,838,000 | 148,409,000 | 112,575,000 | 115,967,000 | 115,632,000 | 126,646,000 | 152,272,000 | 152,272,000 | 151,686,000 | 151,426,000 | 149,408,000 | 149,408,000 | 149,396,000 | 146,258,000 | 146,258,000 | 146,258,000 | 146,258,000 | 146,272,000 | 146,272,000 | 146,272,000 | 145,576,000 | 141,903,000 | 137,344,000 | 136,005,000 | 135,899,000 |
fcc licenses | 2,949,000,000 | 2,949,000,000 | 2,949,000,000 | 2,949,000,000 | 2,929,000,000 | 2,929,000,000 | 2,929,000,000 | 2,929,000,000 | 2,929,000,000 | 2,929,000,000 | 2,910,000,000 | 2,910,000,000 | 2,910,300,000 | 2,910,300,000 | 2,910,300,000 | 2,910,300,000 | 2,910,251,000 | 2,909,951,000 | 2,909,951,000 | 2,908,951,000 | 2,909,704,000 | 2,856,374,000 | 2,833,074,000 | 2,832,457,000 | 2,921,465,000 | 3,106,959,000 | 1,778,268,000 | 1,778,268,000 | 1,772,039,000 | 1,767,638,000 | 1,767,638,000 | 1,767,638,000 | 1,813,037,000 | 1,831,341,000 | 2,022,941,000 | 542,524,000 | 542,524,000 | 501,294,000 | 501,264,000 | 489,335,000 | 489,698,000 | 489,698,000 | 489,698,000 | 275,313,000 | 253,407,000 | 253,407,000 | 222,757,000 | 247,837,000 | 222,757,000 | 198,257,000 | 119,569,000 | 127,730,000 | 125,057,000 | 146,788,000 | 166,455,000 | 166,455,000 | 163,795,000 | 163,795,000 | 163,795,000 | 163,795,000 | 163,795,000 | 138,437,000 | 138,437,000 | 138,437,000 | 138,437,000 | ||||||||
network affiliation agreements | 1,305,000,000 | 1,353,000,000 | 1,400,000,000 | 1,447,000,000 | 1,494,000,000 | 1,541,000,000 | 1,588,000,000 | 1,635,000,000 | 1,683,000,000 | 1,730,000,000 | 1,777,000,000 | 1,824,000,000 | 1,871,400,000 | 1,918,500,000 | 1,965,800,000 | 2,013,000,000 | 2,060,183,000 | 2,107,732,000 | 2,155,242,000 | 2,202,676,000 | 2,250,283,000 | 2,290,684,000 | 2,284,083,000 | 2,330,436,000 | 2,532,266,000 | 2,560,303,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | 282,000,000 | 306,000,000 | 331,000,000 | 331,000,000 | 353,000,000 | 371,000,000 | 394,000,000 | 417,000,000 | 441,000,000 | 482,000,000 | 510,000,000 | 537,000,000 | 562,800,000 | 592,200,000 | 602,300,000 | 630,000,000 | 656,950,000 | 683,581,000 | 640,958,000 | 664,606,000 | 688,918,000 | 664,400,000 | 683,816,000 | 705,757,000 | 727,354,000 | 509,889,000 | 1,396,858,000 | 1,432,029,000 | 1,527,699,000 | 1,557,277,000 | 1,592,617,000 | 1,581,626,000 | 1,574,710,000 | 1,606,025,000 | 1,466,517,000 | 324,737,000 | 336,406,000 | 312,524,000 | 323,955,000 | 314,361,000 | 321,099,000 | 332,450,000 | 347,660,000 | 194,129,000 | 170,567,000 | 178,081,000 | 162,535,000 | 170,048,000 | 148,252,000 | 122,491,000 | 81,519,000 | 143,959,000 | 149,851,000 | 160,030,000 | 167,403,000 | 173,346,000 | 178,611,000 | 184,882,000 | 193,330,000 | 199,794,000 | 206,259,000 | 191,513,000 | 197,430,000 | 203,483,000 | 209,536,000 | ||||||||
investments | 396,000,000 | 774,000,000 | 776,000,000 | 775,000,000 | 877,000,000 | 869,000,000 | 856,000,000 | 859,000,000 | 958,000,000 | 946,000,000 | 927,000,000 | 919,000,000 | 1,119,000,000 | 1,088,700,000 | 1,063,700,000 | 1,060,800,000 | 1,218,791,000 | 1,188,759,000 | 1,191,763,000 | 1,185,541,000 | 1,333,778,000 | 1,313,858,000 | 1,307,604,000 | 1,322,195,000 | 1,477,353,000 | 1,499,090,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent assets | 373,000,000 | 388,000,000 | 380,000,000 | 386,000,000 | 389,000,000 | 383,000,000 | 383,000,000 | 401,000,000 | 386,000,000 | 376,000,000 | 385,000,000 | 359,000,000 | 377,700,000 | 379,700,000 | 374,300,000 | 395,700,000 | 396,187,000 | 443,828,000 | 421,963,000 | 426,240,000 | 418,198,000 | 360,055,000 | 422,148,000 | 439,157,000 | 451,705,000 | 408,780,000 | 165,404,000 | 235,435,000 | 141,684,000 | 172,045,000 | 186,468,000 | 199,181,000 | 202,393,000 | 69,141,000 | 88,381,000 | 85,070,000 | 82,311,000 | 78,879,000 | 85,060,000 | 53,165,000 | 43,502,000 | 56,598,000 | 65,189,000 | 119,107,000 | 80,342,000 | 69,991,000 | 69,792,000 | 59,079,000 | 54,229,000 | 30,510,000 | 6,619,000 | 4,457,000 | 5,400,000 | 5,496,000 | 5,525,000 | 5,747,000 | 6,399,000 | 6,808,000 | 7,159,000 | 7,061,000 | 7,364,000 | 8,005,000 | 8,347,000 | 8,726,000 | 8,727,000 | 8,408,000 | 8,554,000 | 11,266,000 | 21,080,000 | 12,131,000 | 12,137,000 | 12,317,000 | 12,160,000 |
total assets | 10,846,000,000 | 11,249,000,000 | 11,328,000,000 | 11,414,000,000 | 11,468,000,000 | 11,693,000,000 | 11,819,000,000 | 11,945,000,000 | 12,078,000,000 | 12,047,000,000 | 12,310,000,000 | 12,464,000,000 | 12,678,900,000 | 13,098,300,000 | 12,915,500,000 | 13,090,800,000 | 13,264,462,000 | 13,282,994,000 | 13,287,637,000 | 13,347,549,000 | 13,404,276,000 | 13,290,502,000 | 13,540,056,000 | 13,575,437,000 | 13,989,737,000 | 14,103,375,000 | 7,031,535,000 | 7,097,186,000 | 7,119,116,000 | 7,119,494,000 | 7,457,623,000 | 7,481,647,000 | 7,504,578,000 | 7,469,617,000 | 7,523,100,000 | 2,966,085,000 | 2,920,696,000 | 1,898,452,000 | 1,892,185,000 | 1,835,134,000 | 1,860,206,000 | 1,865,703,000 | 1,903,151,000 | 1,462,225,000 | 1,220,091,000 | 1,189,052,000 | 1,163,722,000 | 1,147,988,000 | 1,086,766,000 | 945,815,000 | 595,034,000 | 615,439,000 | 626,587,000 | 665,218,000 | 699,609,000 | 748,265,000 | 708,702,000 | 708,303,000 | 703,646,000 | 708,851,000 | 724,709,000 | 679,202,000 | 667,197,000 | 666,299,000 | 680,081,000 | 682,265,000 | 683,637,000 | 700,201,000 | 734,965,000 | 721,959,000 | 715,056,000 | 712,631,000 | 727,096,000 |
liabilities, redeemable noncontrolling interests and stockholdersʼ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of debt | 111,000,000 | 111,000,000 | 108,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,000,000 | 124,300,000 | 124,300,000 | 124,300,000 | 55,300,000 | 47,170,000 | 40,715,000 | 33,510,000 | 24,804,000 | 21,429,000 | 22,921,000 | 60,491,000 | 56,228,000 | 109,310,000 | 142,664,000 | 94,940,000 | 95,516,000 | 42,089,000 | 41,722,000 | 92,174,000 | 92,808,000 | 103,386,000 | 57,860,000 | 20,820,000 | 28,093,000 | 28,093,000 | 26,109,000 | 24,265,000 | 22,139,000 | 19,887,000 | 18,539,000 | 17,189,000 | 15,840,000 | 7,460,000 | 6,575,000 | 6,857,000 | 4,750,000 | 4,125,000 | 2,175,000 | 1,500,000 | 3,485,000 | 3,485,000 | 3,485,000 | 3,485,000 | 50,391,000 | 50,391,000 | 50,391,000 | 50,391,000 | 3,485,000 | 3,485,000 | 3,485,000 | 3,485,000 | 3,485,000 | 3,485,000 | 3,485,000 | 2,663,000 | 2,350,000 | 2,350,000 | 2,355,000 | 1,950,000 | 1,950,000 | 1,950,000 |
accounts payable | 133,000,000 | 100,000,000 | 190,000,000 | 113,000,000 | 133,000,000 | 132,000,000 | 133,000,000 | 115,000,000 | 235,000,000 | 142,000,000 | 127,000,000 | 207,000,000 | 197,700,000 | 166,100,000 | 170,900,000 | 220,700,000 | 248,183,000 | 186,633,000 | 140,684,000 | 217,865,000 | 218,418,000 | 161,083,000 | 176,392,000 | 138,952,000 | 157,366,000 | 109,128,000 | 70,392,000 | 72,285,000 | 74,234,000 | 66,128,000 | 80,819,000 | 31,136,000 | 61,096,000 | 27,932,000 | 36,048,000 | 19,754,000 | 25,388,000 | 29,878,000 | 24,925,000 | 25,936,000 | 23,683,000 | 22,487,000 | 20,335,000 | 16,282,000 | 10,010,000 | 12,031,000 | 10,250,000 | 13,140,000 | 13,186,000 | 12,324,000 | 9,175,000 | 10,320,000 | 9,433,000 | 11,968,000 | 13,421,000 | 10,776,000 | 8,334,000 | 7,540,000 | 9,073,000 | 10,013,000 | 10,040,000 | 9,463,000 | 9,937,000 | 9,134,000 | 9,176,000 | 7,266,000 | 7,313,000 | 8,628,000 | 8,092,000 | 6,577,000 | 6,607,000 | 6,544,000 | 9,937,000 |
broadcast rights payable | 48,000,000 | 71,000,000 | 82,000,000 | 96,000,000 | 97,000,000 | 124,000,000 | 106,000,000 | 138,000,000 | 136,000,000 | 142,000,000 | 125,000,000 | 128,000,000 | 151,000,000 | 151,600,000 | 64,100,000 | 73,700,000 | 76,878,000 | 77,586,000 | 74,931,000 | 90,819,000 | 105,557,000 | 111,144,000 | 8,674,000 | 8,435,000 | 9,408,000 | 10,953,000 | 11,631,000 | 8,179,000 | 9,127,000 | 9,569,000 | 10,755,000 | 7,963,000 | 9,042,000 | 10,807,000 | 11,190,000 | 8,336,000 | 5,307,000 | 4,639,000 | 5,900,000 | 4,104,000 | 5,178,000 | 7,153,000 | 8,845,000 | 6,355,000 | 8,405,000 | 9,002,000 | |||||||||||||||||||||||||||
accrued expenses | 314,000,000 | 353,000,000 | 332,000,000 | 300,000,000 | 314,000,000 | 333,000,000 | 348,000,000 | 315,000,000 | 350,000,000 | 322,000,000 | 333,000,000 | 305,000,000 | 319,500,000 | 344,500,000 | 304,200,000 | 278,100,000 | 315,946,000 | 311,830,000 | 319,413,000 | 324,750,000 | 307,192,000 | 279,816,000 | 440,099,000 | 533,805,000 | 542,676,000 | 497,201,000 | 140,993,000 | 158,981,000 | 150,973,000 | 126,352,000 | 145,367,000 | 159,281,000 | 189,694,000 | 200,319,000 | 165,508,000 | 71,315,000 | 70,364,000 | 64,596,000 | 54,350,000 | 60,484,000 | 51,493,000 | 38,417,000 | 38,096,000 | 32,631,000 | 28,731,000 | 33,639,000 | 24,142,000 | 23,215,000 | 22,384,000 | 18,122,000 | 13,223,000 | 13,292,000 | 12,484,000 | 13,403,000 | 10,122,000 | 10,907,000 | 13,563,000 | 12,719,000 | 10,766,000 | 12,541,000 | 14,231,000 | 13,132,000 | 11,315,000 | 12,182,000 | 12,463,000 | 12,042,000 | 9,620,000 | 11,242,000 | 12,561,000 | 11,902,000 | 9,320,000 | 17,101,000 | 18,627,000 |
operating lease liabilities | 41,000,000 | 41,000,000 | 41,000,000 | 42,000,000 | 43,000,000 | 47,000,000 | 48,000,000 | 49,000,000 | 50,000,000 | 49,600,000 | 46,500,000 | 43,500,000 | 43,700,000 | 42,843,000 | 42,592,000 | 34,434,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 64,000,000 | 69,000,000 | 111,000,000 | 131,000,000 | 115,000,000 | 133,000,000 | 75,000,000 | 96,000,000 | 69,000,000 | 74,000,000 | 78,000,000 | 50,000,000 | 51,100,000 | 11,900,000 | 38,600,000 | 62,000,000 | 56,274,000 | 51,662,000 | 70,430,000 | 71,424,000 | 78,292,000 | 14,846,000 | 62,336,000 | 55,710,000 | 60,243,000 | 54,399,000 | 23,361,000 | 26,931,000 | 19,774,000 | 15,019,000 | 16,661,000 | 17,169,000 | 15,218,000 | 10,295,000 | 12,284,000 | 9,714,000 | 15,804,000 | 10,022,000 | 9,914,000 | 8,978,000 | 9,016,000 | 8,289,000 | 7,180,000 | 5,543,000 | 16,357,000 | 10,746,000 | 4,807,000 | ||||||||||||||||||||||||||
total current liabilities | 711,000,000 | 745,000,000 | 823,000,000 | 805,000,000 | 783,000,000 | 846,000,000 | 828,000,000 | 831,000,000 | 961,000,000 | 852,000,000 | 836,000,000 | 864,000,000 | 893,200,000 | 915,100,000 | 745,600,000 | 733,500,000 | 787,294,000 | 711,018,000 | 638,968,000 | 729,662,000 | 730,888,000 | 671,742,000 | 822,329,000 | 915,998,000 | 947,557,000 | 1,094,297,000 | 494,047,000 | 429,938,000 | 367,289,000 | 294,570,000 | 685,155,000 | 670,703,000 | 764,723,000 | 794,448,000 | 551,220,000 | 189,578,000 | 181,150,000 | 155,955,000 | 145,111,000 | 146,061,000 | 143,018,000 | 123,349,000 | 136,413,000 | 97,266,000 | 82,345,000 | 73,200,000 | 83,922,000 | 98,950,000 | 63,334,000 | 58,003,000 | 57,230,000 | 50,290,000 | 57,483,000 | 64,507,000 | 51,723,000 | 94,415,000 | 99,777,000 | 98,924,000 | 89,540,000 | 45,890,000 | 55,098,000 | 56,109,000 | 42,908,000 | 42,098,000 | 49,467,000 | 47,336,000 | 37,989,000 | 49,485,000 | 51,519,000 | 55,716,000 | 37,768,000 | 52,054,000 | 56,180,000 |
debt | 6,222,000,000 | 6,248,000,000 | 6,275,000,000 | 6,371,000,000 | 6,399,000,000 | 6,576,000,000 | 6,657,000,000 | 6,686,000,000 | 6,713,000,000 | 6,742,000,000 | 6,771,000,000 | 6,799,000,000 | 6,827,200,000 | 7,052,900,000 | 7,109,700,000 | 7,205,000,000 | 7,367,956,000 | 7,505,654,000 | 7,586,320,000 | 7,567,303,000 | 7,646,574,000 | 7,859,619,000 | 7,977,577,000 | 7,990,635,000 | 8,383,278,000 | 8,393,173,000 | 3,689,778,000 | 3,797,188,000 | 4,105,922,000 | 4,245,924,000 | 4,243,161,000 | 4,269,652,000 | 4,286,622,000 | 4,377,670,000 | 4,481,096,000 | 2,314,326,000 | 2,320,077,000 | 1,461,730,000 | 1,489,899,000 | 1,454,075,000 | 1,465,251,000 | 1,481,859,000 | 1,526,830,000 | 1,220,304,000 | 1,079,980,000 | 1,081,805,000 | 1,064,262,000 | 1,006,749,000 | 990,174,000 | 855,467,000 | 638,861,000 | 648,597,000 | 658,632,000 | 662,757,000 | 667,680,000 | 678,485,000 | 630,785,000 | 629,087,000 | 631,578,000 | 679,977,000 | 677,650,000 | 637,324,000 | 639,168,000 | 641,014,000 | 643,020,000 | 641,026,000 | 645,636,000 | 629,505,000 | 627,548,000 | 604,117,000 | 611,764,000 | 602,875,000 | 596,988,000 |
deferred tax liabilities | 1,354,000,000 | 1,467,000,000 | 1,463,000,000 | 1,471,000,000 | 1,487,000,000 | 1,494,000,000 | 1,506,000,000 | 1,508,000,000 | 1,520,000,000 | 1,569,000,000 | 1,586,000,000 | 1,593,000,000 | 1,605,600,000 | 1,714,900,000 | 1,714,800,000 | 1,720,500,000 | 1,728,508,000 | 1,695,466,000 | 1,682,231,000 | 1,673,207,000 | 1,674,008,000 | 1,686,238,000 | 1,698,042,000 | 1,696,611,000 | 1,710,664,000 | 1,688,590,000 | 642,525,000 | 637,026,000 | 639,827,000 | 633,016,000 | 627,459,000 | 619,441,000 | 901,320,000 | 886,644,000 | 1,062,122,000 | 132,008,000 | 111,079,000 | 102,935,000 | 94,525,000 | 101,764,000 | 139,439,000 | 118,260,000 | 117,198,000 | 44,224,000 | 40,278,000 | 39,889,000 | 38,664,000 | 44,439,000 | 47,576,000 | 46,071,000 | 44,555,000 | 43,052,000 | 41,560,000 | 40,116,000 | 38,697,000 | 37,476,000 | 36,243,000 | 35,507,000 | 34,256,000 | 33,129,000 | 31,875,000 | 30,622,000 | 1,047,000 | ||||||||||
other noncurrent liabilities | 497,000,000 | 505,000,000 | 511,000,000 | 517,000,000 | 531,000,000 | 536,000,000 | 548,000,000 | 574,000,000 | 571,000,000 | 538,000,000 | 554,000,000 | 555,000,000 | 583,600,000 | 467,000,000 | 476,300,000 | 510,100,000 | 523,277,000 | 737,432,000 | 754,858,000 | 786,369,000 | 815,930,000 | 818,187,000 | 840,331,000 | 856,134,000 | 894,745,000 | 977,282,000 | 246,968,000 | 334,024,000 | 254,102,000 | 303,530,000 | 320,344,000 | 340,541,000 | 353,450,000 | 207,309,000 | 207,861,000 | 45,819,000 | 40,789,000 | 39,724,000 | 45,100,000 | 46,861,000 | 50,768,000 | 45,991,000 | 51,273,000 | 33,876,000 | 26,644,000 | 17,460,000 | 20,689,000 | ||||||||||||||||||||||||||
total liabilities | 8,784,000,000 | 8,965,000,000 | 9,072,000,000 | 9,164,000,000 | 9,200,000,000 | 9,452,000,000 | 9,539,000,000 | 9,599,000,000 | 9,765,000,000 | 9,701,000,000 | 9,747,000,000 | 9,811,000,000 | 9,909,600,000 | 10,149,900,000 | 10,046,400,000 | 10,169,100,000 | 10,407,035,000 | 10,649,570,000 | 10,662,377,000 | 10,756,541,000 | 10,867,400,000 | 11,035,786,000 | 11,338,279,000 | 11,459,378,000 | 11,936,244,000 | 12,153,342,000 | 5,073,318,000 | 5,198,176,000 | 5,367,140,000 | 5,477,040,000 | 5,876,119,000 | 5,900,337,000 | 6,306,115,000 | 6,266,071,000 | 6,302,299,000 | 2,681,731,000 | 2,653,095,000 | 1,760,344,000 | 1,774,635,000 | 1,748,761,000 | 1,798,476,000 | 1,769,459,000 | 1,831,714,000 | 1,405,688,000 | 1,197,892,000 | 1,179,592,000 | 1,176,953,000 | 1,136,630,000 | 1,080,772,000 | 942,861,000 | 778,438,000 | 774,114,000 | 791,743,000 | 809,521,000 | 799,121,000 | 852,325,000 | 798,092,000 | 795,779,000 | 784,750,000 | 789,183,000 | 797,999,000 | 757,470,000 | 741,993,000 | 739,173,000 | 746,106,000 | 742,183,000 | 734,668,000 | 730,304,000 | 730,710,000 | 712,518,000 | 699,426,000 | 707,006,000 | 704,405,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 19,000,000 | 17,000,000 | 18,000,000 | 19,000,000 | 26,000,000 | 37,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock - 0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 0.01 par value... | 500,000 | 500,000 | 500,000 | 284,000 | 284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 1,331,000,000 | 1,312,000,000 | 1,293,000,000 | 1,304,000,000 | 1,304,000,000 | 1,292,000,000 | 1,281,000,000 | 1,290,000,000 | 1,283,000,000 | 1,269,000,000 | 1,263,000,000 | 1,275,000,000 | 1,287,500,000 | 1,270,700,000 | 1,257,900,000 | 1,268,800,000 | 1,311,054,000 | 1,335,370,000 | 1,327,205,000 | 1,334,415,000 | 1,362,510,000 | 1,351,372,000 | 1,340,526,000 | 1,333,717,000 | 1,353,729,000 | 1,346,511,000 | 1,337,057,000 | 1,332,612,000 | 1,344,130,000 | 1,337,738,000 | 1,331,683,000 | 1,342,541,000 | 1,370,686,000 | 1,380,035,000 | 1,388,698,000 | 386,921,000 | 392,836,000 | 398,054,000 | 402,544,000 | 396,224,000 | 399,372,000 | 402,920,000 | 398,116,000 | 398,029,000 | 394,543,000 | 397,208,000 | 396,817,000 | 408,956,000 | 407,191,000 | 410,514,000 | 406,654,000 | 399,015,000 | 398,586,000 | 398,159,000 | 397,622,000 | 396,951,000 | 396,293,000 | 395,602,000 | 395,130,000 | 394,611,000 | 394,120,000 | 393,746,000 | 393,277,000 | 392,831,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 | 392,393,000 |
accumulated other comprehensive loss | -15,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -14,316,000 | -14,316,000 | -14,316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 3,537,000,000 | 3,765,000,000 | 3,755,000,000 | 3,718,000,000 | 3,671,000,000 | 3,485,000,000 | 3,369,000,000 | 3,306,000,000 | 3,188,000,000 | 3,120,000,000 | 3,142,000,000 | 3,094,000,000 | 3,033,100,000 | 2,863,700,000 | 2,609,900,000 | 2,418,700,000 | 2,204,152,000 | 1,964,018,000 | 1,823,706,000 | 1,658,573,000 | 1,488,031,000 | 1,149,638,000 | 984,316,000 | 910,063,000 | 778,833,000 | 675,356,000 | 701,946,000 | 654,682,000 | 484,367,000 | 400,934,000 | 330,357,000 | 299,523,000 | |||||||||||||||||||||||||||||||||||||||||
treasury stock | -2,789,000,000 | -2,790,000,000 | -2,791,000,000 | -2,774,000,000 | -2,717,000,000 | -2,559,000,000 | -2,384,000,000 | -2,276,000,000 | -2,173,000,000 | -2,084,000,000 | -1,889,000,000 | -1,772,000,000 | -1,607,000,000 | -1,350,100,000 | -1,139,900,000 | -913,600,000 | -806,990,000 | -715,630,000 | -575,724,000 | -453,769,000 | -367,132,000 | -286,705,000 | -164,847,000 | -170,957,000 | -121,388,000 | -79,299,000 | -81,381,000 | -86,146,000 | -107,037,000 | -111,846,000 | -97,290,000 | -78,063,000 | -103,228,000 | -64,763,000 | -7,715,000 | -41,513,000 | -43,619,000 | -44,814,000 | -45,063,000 | -47,746,000 | -48,121,000 | ||||||||||||||||||||||||||||||||
total nexstar media group, inc. stockholders’ equity | 2,064,000,000 | 2,257,000,000 | 2,299,000,000 | 2,741,000,000 | 2,850,339,000 | 2,574,202,000 | 2,518,392,000 | 2,234,628,000 | 2,180,318,000 | 2,093,146,000 | 2,031,497,000 | 1,928,725,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | -21,000,000 | -19,000,000 | -18,000,000 | -16,000,000 | -15,000,000 | -15,000,000 | 13,000,000 | 25,000,000 | 14,000,000 | 14,000,000 | 20,000,000 | 29,000,000 | 28,300,000 | 22,300,000 | -600,000 | 6,000,000 | 7,088,000 | 14,683,000 | 15,090,000 | 16,806,000 | 18,484,000 | 20,088,000 | 21,459,000 | 22,913,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 2,043,000,000 | 2,242,000,000 | 2,313,000,000 | 2,769,300,000 | 2,857,427,000 | 2,254,716,000 | 2,201,777,000 | 2,116,059,000 | 2,053,493,000 | 1,950,033,000 | -17,295,000 | -18,036,000 | -12,334,000 | -13,509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and stockholdersʼ equity | 10,846,000,000 | 11,249,000,000 | 11,328,000,000 | 11,414,000,000 | 11,468,000,000 | 11,693,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholdersʼ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total nexstar media group, inc. stockholdersʼ equity | 2,286,000,000 | 2,256,000,000 | 2,247,000,000 | 2,219,000,000 | 2,267,000,000 | 2,321,000,000 | 2,332,000,000 | 2,543,000,000 | 2,624,000,000 | 2,926,100,000 | 2,869,700,000 | 2,915,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholdersʼ equity | 2,267,000,000 | 2,238,000,000 | 2,231,000,000 | 2,204,000,000 | 2,280,000,000 | 2,346,000,000 | 2,346,000,000 | 2,563,000,000 | 2,653,000,000 | 2,948,400,000 | 2,869,100,000 | 2,921,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents | 12,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 15,600,000 | 15,600,000 | 15,600,000 | 15,600,000 | 15,626,000 | 16,608,000 | 16,608,000 | 16,608,000 | 16,608,000 | 16,610,000 | 16,610,000 | 16,608,000 | 16,608,000 | 16,609,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 27,000,000 | 27,000,000 | 27,000,000 | 26,900,000 | 141,300,000 | 141,300,000 | 141,300,000 | 141,650,000 | 34,510,000 | 34,510,000 | 34,510,000 | 34,510,000 | 19,850,000 | 19,850,000 | 19,850,000 | 19,850,000 | 6,140,000 | 6,140,000 | 6,140,000 | 6,140,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholdersʼ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholdersʼ equity | 11,819,000,000 | 11,945,000,000 | 12,047,000,000 | 12,310,000,000 | 12,464,000,000 | 13,098,300,000 | 12,915,500,000 | 13,090,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 12,078,000,000 | 12,678,900,000 | 13,264,462,000 | 13,404,276,000 | 13,290,502,000 | 13,540,056,000 | 13,575,437,000 | 13,989,737,000 | 14,103,375,000 | 734,965,000 | 721,959,000 | 715,056,000 | 712,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 45,300,000 | 45,250,000 | 4,524,000 | 4,524,000 | 4,524,000 | 4,524,000 | 240,524,000 | 242,999,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 70,200,000 | 47,498,000 | 2,249,000 | 2,276,000 | 2,196,000 | 6,915,000 | 7,167,000 | 8,284,000 | 6,555,000 | 7,285,000 | 6,569,000 | 6,565,000 | 5,825,000 | 5,917,000 | 5,586,000 | 7,557,000 | 5,163,000 | 5,102,000 | 4,369,000 | 3,987,000 | 3,261,000 | 2,629,000 | 2,000,000 | 3,065,000 | 1,732,000 | 1,759,000 | 1,078,000 | ||||||||||||||||||||||||||||||||||||||||||||||
class a common stock - 0.01 par value... | 500,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 473,000 | 316,000 | 316,000 | 316,000 | 316,000 | 316,000 | 316,000 | 316,000 | 313,000 | 312,000 | 309,000 | 309,000 | 306,000 | 304,000 | 300,000 | 217,000 | ||||||||||||||||||||||||||||||||||||||
class b common stock - 0.01 par value... | 77,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c common stock - 0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total nexstar media group, inc. stockholders' equity | 2,618,741,000 | 2,610,170,000 | 1,943,779,000 | 1,887,305,000 | 1,728,073,000 | 1,633,439,000 | 1,571,363,000 | 1,570,614,000 | 1,188,973,000 | 1,190,312,000 | 1,212,030,000 | 169,141,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 2,633,424,000 | 2,625,260,000 | 2,591,008,000 | 2,536,876,000 | 1,958,217,000 | 1,899,010,000 | 1,751,976,000 | 1,642,454,000 | 1,581,504,000 | 1,581,310,000 | 1,198,463,000 | 1,203,546,000 | 1,220,801,000 | 284,354,000 | 267,601,000 | 138,108,000 | 117,550,000 | 86,373,000 | 61,730,000 | 96,244,000 | 71,437,000 | 56,537,000 | 22,199,000 | 9,460,000 | 11,358,000 | 5,994,000 | 2,954,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 13,282,994,000 | 13,287,637,000 | 13,347,549,000 | 7,031,535,000 | 7,097,186,000 | 7,119,116,000 | 7,119,494,000 | 7,457,623,000 | 7,481,647,000 | 7,504,578,000 | 7,469,617,000 | 7,523,100,000 | 2,966,085,000 | 2,920,696,000 | 1,898,452,000 | 1,892,185,000 | 1,835,134,000 | 1,860,206,000 | 1,865,703,000 | 1,903,151,000 | 1,462,225,000 | 1,220,091,000 | 1,189,052,000 | 1,147,988,000 | 1,086,766,000 | 945,815,000 | |||||||||||||||||||||||||||||||||||||||||||||||
spectrum asset | 67,171,000 | 67,171,000 | 119,047,000 | 118,969,000 | 52,002,000 | 52,002,000 | 305,773,000 | 305,764,000 | 340,688,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liability to surrender spectrum asset | 77,962,000 | 77,962,000 | 129,964,000 | 129,964,000 | 52,002,000 | 52,002,000 | 314,087,000 | 314,087,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax payable | 83,011,000 | 53,341,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in consolidated variable interest entities | 21,996,000 | 21,308,000 | 14,438,000 | 11,705,000 | 23,903,000 | 9,015,000 | 10,141,000 | 10,696,000 | 9,490,000 | 13,234,000 | 8,771,000 | 115,213,000 | 115,133,000 | 6,416,000 | 6,146,000 | 5,699,000 | 5,457,000 | 5,584,000 | 5,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 160,941,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest payable | 34,397,000 | 24,223,000 | 28,217,000 | 40,322,000 | 29,204,000 | 39,563,000 | 28,253,000 | 34,653,000 | 24,404,000 | 44,190,000 | 24,751,000 | 11,056,000 | 15,833,000 | 10,939,000 | 15,766,000 | 11,747,000 | 16,612,000 | 4,601,000 | 13,939,000 | 4,878,000 | 4,661,000 | 19,479,000 | 8,312,000 | 8,703,000 | 10,868,000 | 3,692,000 | 8,591,000 | 7,527,000 | 10,234,000 | 2,963,000 | 6,499,000 | 3,140,000 | 6,577,000 | 3,079,000 | 6,657,000 | 3,066,000 | 6,502,000 | 2,998,000 | 6,556,000 | 2,990,000 | 6,489,000 | 11,492,000 | 8,866,000 | 11,472,000 | 9,344,000 | 12,025,000 | 4,840,000 | ||||||||||||||||||||||||||
current portion of broadcast rights payable | 5,027,000 | 6,843,000 | 16,659,000 | 18,431,000 | 16,402,000 | 27,191,000 | 16,512,000 | 16,750,000 | 14,294,000 | 15,824,000 | 17,510,000 | 21,009,000 | 15,427,000 | 17,937,000 | 9,618,000 | 6,282,000 | 7,002,000 | 6,246,000 | 9,094,000 | 13,534,000 | 10,856,000 | 14,745,000 | 18,413,000 | 6,336,000 | 10,163,000 | 13,943,000 | 18,569,000 | 6,908,000 | 10,855,000 | 15,099,000 | 19,406,000 | 6,254,000 | 8,944,000 | 13,169,000 | 17,323,000 | 8,178,000 | 12,738,000 | 17,561,000 | 20,345,000 | 8,614,000 | 12,400,000 | 18,509,000 | |||||||||||||||||||||||||||||||
restricted cash | 26,719,000 | 900,402,000 | 800,000 | 800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liability to surrender spectrum | 348,645,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -78,958,000 | -125,433,000 | -169,426,000 | -176,583,000 | -197,065,000 | -221,864,000 | -246,393,000 | -268,120,000 | -295,294,000 | -312,576,000 | -332,897,000 | -345,804,000 | -376,653,000 | -392,057,000 | -410,354,000 | -397,902,000 | -401,497,000 | -407,854,000 | -590,346,000 | -557,974,000 | -564,026,000 | -542,746,000 | -497,418,000 | -501,295,000 | -485,967,000 | -483,362,000 | -476,518,000 | -475,227,000 | -467,694,000 | -472,298,000 | -468,357,000 | -465,989,000 | -458,702,000 | -452,595,000 | -443,708,000 | -422,780,000 | -409,972,000 | -410,713,000 | -405,011,000 | -406,186,000 | -389,472,000 | ||||||||||||||||||||||||||||||||
spectrum auction asset | 459,004,000 | 441,609,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes payable | 171,635,000 | 75,000 | 2,164,000 | 8,443,000 | 19,064,000 | 4,899,000 | 288,000 | 983,000 | 402,000 | 664,000 | 512,000 | 366,000 | 237,000 | 595,000 | 478,000 | 252,000 | 253,000 | 249,000 | 243,000 | 465,000 | 406,000 | 89,000 | 201,000 | 275,000 | 192,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration liability | 275,352,000 | 264,965,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total nexstar broadcasting group, inc. stockholders' equity | 152,468,000 | 131,692,000 | 111,404,000 | 80,674,000 | 56,273,000 | 90,660,000 | 65,532,000 | 52,537,000 | 18,199,000 | 5,460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 64,263,000 | 50,160,000 | 49,926,000 | 41,737,000 | 38,585,000 | 38,585,000 | 38,585,000 | 8,861,000 | 8,861,000 | 72,090,000 | 59,000 | 59,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fcc licenses of consolidated variable interest entities | 46,727,000 | 43,102,000 | 43,102,000 | 66,263,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts payable to sellers for acquisition of stations | 22,000,000 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities of consolidated variable interest entities | 7,852,000 | 5,848,000 | 5,331,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent liabilities of consolidated variable interest entities | 10,018,000 | 8,923,000 | 7,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest in consolidated variable interest entities | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest in a consolidated variable interest entity | 4,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of broadcast rights | 7,057,000 | 7,911,000 | 6,834,000 | 8,477,000 | 16,290,000 | 10,603,000 | 14,273,000 | 18,090,000 | 6,060,000 | 10,036,000 | 13,885,000 | 18,279,000 | 6,607,000 | 10,509,000 | 14,740,000 | 18,306,000 | 5,737,000 | 8,514,000 | 12,574,000 | 16,771,000 | 7,614,000 | 12,080,000 | 17,292,000 | 20,167,000 | 9,058,000 | 12,948,000 | 19,026,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' (deficit) equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities of mission | 4,923,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent liabilities of mission | 8,080,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' (deficit) equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' (deficit) equity | -13,231,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' (deficit) equity | 1,163,722,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fcc licenses of mission | 41,563,000 | 41,563,000 | 21,939,000 | 21,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities of mission | 4,755,000 | 5,072,000 | 3,195,000 | 5,201,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 4,321,000 | 1,760,000 | 1,131,000 | 1,131,000 | 1,066,000 | 1,066,000 | 1,061,000 | 1,333,000 | 1,335,000 | 5,942,000 | 5,963,000 | 5,793,000 | 5,615,000 | 6,978,000 | 6,375,000 | 6,171,000 | 6,007,000 | 5,277,000 | 5,158,000 | 5,049,000 | 5,026,000 | 4,072,000 | 2,891,000 | 3,437,000 | 4,431,000 | 3,265,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred gain on sale of assets | 1,999,000 | 4,822,000 | 4,931,000 | 5,040,000 | 5,149,000 | 5,259,000 | 5,368,000 | 5,477,000 | 5,586,000 | 5,695,000 | 5,804,000 | 5,913,000 | 6,022,000 | 6,131,000 | 6,240,000 | 6,349,000 | 6,458,000 | 6,567,000 | 6,763,000 | 7,046,000 | 7,155,000 | 7,264,000 | 7,372,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred representation fee incentive | 4,345,000 | 5,853,000 | 6,003,000 | 6,092,000 | 6,276,000 | 6,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock—0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock—0.01 par value... | 154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock—0.01 par value... | 134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c common stock—0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -183,404,000 | -158,675,000 | -165,156,000 | -144,303,000 | -99,512,000 | -104,060,000 | -89,390,000 | -87,476,000 | -81,104,000 | -80,332,000 | -73,290,000 | -78,268,000 | -74,796,000 | -72,874,000 | -66,025,000 | -59,918,000 | -51,031,000 | -30,103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 595,034,000 | 615,439,000 | 626,587,000 | 665,218,000 | 699,609,000 | 748,265,000 | 708,702,000 | 708,303,000 | 703,646,000 | 708,851,000 | 724,709,000 | 679,202,000 | 667,197,000 | 666,299,000 | 680,081,000 | 682,265,000 | 683,637,000 | 700,201,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 16,000 | 16,000 | 153,000 | 157,000 | 57,000 | 57,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current | 74,419,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common - 0.01 par value... | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common - 0.01 par value... | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c common - 0.01 par value... | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net revenue | 55,468,000 | 284,919,000 | 70,275,000 | 70,618,000 | 63,712,000 | 266,801,000 | 64,463,000 | 68,729,000 | 62,054,000 | 265,169,000 | 63,588,000 | 64,561,000 | 59,826,000 | 226,053,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct operating expenses | 19,055,000 | 78,287,000 | 19,410,000 | 19,283,000 | 19,496,000 | 74,128,000 | 18,202,000 | 18,551,000 | 18,156,000 | 71,465,000 | 17,738,000 | 17,705,000 | 17,388,000 | 68,117,000 | 16,663,000 | 16,661,000 | 16,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses | 23,471,000 | 90,468,000 | 22,915,000 | 21,839,000 | 20,885,000 | 86,773,000 | 21,569,000 | 21,787,000 | 20,298,000 | 85,293,000 | 20,380,000 | 20,748,000 | 20,378,000 | 72,977,000 | 18,129,000 | 17,320,000 | 17,194,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructure charge | 356,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contract termination fees | 7,167,000 | 7,167,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of broadcast rights | 5,060,000 | 20,423,000 | 5,252,000 | 4,806,000 | 5,335,000 | 21,457,000 | 5,526,000 | 4,756,000 | 5,892,000 | 19,701,000 | 4,821,000 | 4,338,000 | 5,228,000 | 22,257,000 | 5,681,000 | 5,282,000 | 6,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 5,892,000 | 28,129,000 | 6,345,000 | 6,383,000 | 6,372,000 | 25,671,000 | 6,377,000 | 6,467,000 | 6,465,000 | 24,135,000 | 6,017,000 | 6,053,000 | 6,053,000 | 26,511,000 | 6,630,000 | 6,647,000 | 6,762,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 5,196,000 | 21,024,000 | 5,229,000 | 5,088,000 | 5,333,000 | 20,209,000 | 5,011,000 | 5,024,000 | 4,988,000 | 18,086,000 | 4,400,000 | 4,622,000 | 4,626,000 | 16,733,000 | 3,996,000 | 4,327,000 | 4,423,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset exchange | -1,660,000 | -4,776,000 | -487,000 | -2,742,000 | -850,000 | -1,962,000 | -500,000 | -1,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on asset disposal | -591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 56,779,000 | 323,074,000 | 107,074,000 | 54,452,000 | 63,773,000 | 226,259,000 | 56,138,000 | 55,308,000 | 55,951,000 | 219,319,000 | 53,779,000 | 53,482,000 | 53,737,000 | 207,443,000 | 51,097,000 | 50,884,000 | 50,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -1,311,000 | -38,155,000 | -36,799,000 | 16,166,000 | -61,000 | 40,542,000 | 8,325,000 | 13,421,000 | 6,103,000 | 45,850,000 | 9,809,000 | 11,079,000 | 6,089,000 | 18,610,000 | 2,868,000 | 7,016,000 | 1,820,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization of debt financing costs | -9,860,000 | -10,806,000 | -13,989,000 | -55,040,000 | -13,787,000 | -13,771,000 | -13,720,000 | -51,783,000 | -13,189,000 | -12,899,000 | -12,242,000 | -47,260,000 | -11,364,000 | -10,893,000 | -13,075,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 18,567,000 | 2,897,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 35,000 | 715,000 | 74,000 | 151,000 | 401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 7,431,000 | -83,375,000 | -48,331,000 | 5,511,000 | -13,649,000 | -13,966,000 | -5,337,000 | -205,000 | -7,501,000 | -5,173,000 | -3,208,000 | -1,654,000 | -6,036,000 | -8,011,000 | -19,548,000 | -11,264,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -1,379,000 | -1,634,000 | -1,679,000 | -5,807,000 | -1,507,000 | -1,086,000 | -1,532,000 | -3,819,000 | -733,000 | -714,000 | -1,251,000 | -876,000 | -1,380,000 | -1,544,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 6,052,000 | -78,059,000 | -45,328,000 | 3,877,000 | -15,328,000 | -19,773,000 | -6,844,000 | -1,291,000 | -9,033,000 | -8,992,000 | -3,941,000 | -2,368,000 | -7,287,000 | -48,730,000 | -8,887,000 | -20,928,000 | -12,808,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 210 | -2,750 | -1,590 | 140 | -540 | -700 | -240 | -50 | -320 | -320 | -140 | -80 | -260 | 28,363,000 | -310 | -740 | -450 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes receivable | 351,000 | 7,000 | 18,000 | 138,000 | 247,000 | 247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common—0.01 par value... | 150,000 | 150,000 | 150,000 | 143,000 | 143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common—0.01 par value... | 134,000 | 134,000 | 134,000 | 134,000 | 134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c common—0.01 par value... | 7,000 | 7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | 38,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of other intangible assets | 43,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset disposal | -43,000 | -127,000 | -205,000 | -17,000 | -47,000 | -242,000 | 232,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization of debt financing costs and debt discounts | -48,832,000 | -11,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 5,316,000 | 3,003,000 | -4,958,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and intangible assets | 48,537,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on asset disposal | 35,000 | 152,000 | 639,000 | 423,000 | 16,000 | 64,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on property held for sale | 616,000 | 616,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -15,715,000 | -15,715,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 532,000 | 125,000 | 145,000 | 116,000 | 760,000 | 172,000 | 166,000 | 117,000 | 213,000 | 61,000 | 44,000 | 39,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 380,000 | 424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property held for sale | 400,000 | 516,000 | 516,000 | 516,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger related expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest in consolidated entity | -8,992,000 | -8,887,000 | -20,928,000 | -12,808,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated entity | 21,550,000 | 27,477,000 | 27,964,000 | 19,134,000 | 19,486,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income (expenses) | -48,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations before income taxes | -43,772,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of change in accounting principle and minority interest in consolidated entity | -48,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | -48,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 354,445,000 | 361,075,000 | 367,722,000 | 374,050,000 | 380,627,000 | 394,048,000 | 393,745,000 | 402,214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 56,767,000 | 60,915,000 | 54,509,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: commissions | -7,387,000 | -8,000,000 | -6,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net broadcast revenue | 49,380,000 | 52,915,000 | 47,513,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade and barter revenue | 4,585,000 | 4,985,000 | 5,150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net revenue | 53,965,000 | 57,900,000 | 52,663,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset disposal (including deferred gain recognition) | -2,000 | 31,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock – 0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common – 0.01 par value... | 143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common – 0.01 par value... | 134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c common – 0.01 par value... | 7,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock—0.01 par value... | 284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity/members’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable to related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatorily redeemable preferred and common units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity/members’ deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock–0.01 par value... | 284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributed capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity/members’ deficit | 3,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity/members’ deficit | 727,096,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 160,000,000 | -170,000,000 | 65,000,000 | 91,000,000 | 97,000,000 | 230,000,000 | 180,000,000 | 106,000,000 | 167,000,000 | 99,000,000 | 8,000,000 | 75,000,000 | 88,000,000 | 178,100,000 | 287,500,000 | 226,500,000 | 251,400,000 | 262,328,000 | 169,157,000 | 199,761,000 | 199,190,000 | 362,912,000 | 189,313,000 | 98,141,000 | 157,694,000 | 113,851,000 | -5,178,000 | 70,735,000 | 56,887,000 | 99,828,000 | 86,606,000 | 47,341,000 | 379,856,000 | 42,072,000 | 48,455,000 | 4,944,000 | 20,411,000 | 25,616,000 | 24,799,000 | 22,274,000 | 27,416,000 | 17,155,000 | 19,900,000 | 11,912,000 | 30,849,000 | 15,404,000 | 10,944,000 | 7,353,000 | -12,452,000 | 3,595,000 | 6,367,000 | 705,000 | 9,561,000 | 8,818,000 | 3,016,000 | -6,259,000 | -2,584,000 | -6,312,000 | -2,995,000 | -9,421,000 | -3,673,000 | 6,052,000 | -21,280,000 | -45,328,000 | 3,877,000 | -15,328,000 | -2,605,000 | -6,844,000 | -1,291,000 | -9,033,000 | 4,604,000 | -3,941,000 | -2,368,000 | -7,287,000 | -6,107,000 | -8,887,000 | |||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of broadcast rights | 72,000,000 | 25,400,000 | 27,400,000 | 27,800,000 | 28,650,000 | 29,884,000 | 31,651,000 | 30,883,000 | 32,574,000 | 31,968,000 | 35,740,000 | 37,208,000 | 18,452,000 | 13,935,000 | 14,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of intangible assets | 121,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 20,000,000 | 20,000,000 | 19,000,000 | 21,000,000 | 18,000,000 | 21,000,000 | 19,000,000 | 20,000,000 | 18,000,000 | 16,000,000 | 17,000,000 | 13,000,000 | 14,000,000 | 18,200,000 | 17,200,000 | 13,100,000 | 13,100,000 | 12,380,000 | 12,302,000 | 10,418,000 | 11,603,000 | 12,357,000 | 12,483,000 | 12,749,000 | 10,685,000 | 9,590,000 | 11,270,000 | 9,691,000 | 8,069,000 | 8,212,000 | 8,195,000 | 6,400,000 | 6,556,000 | 6,203,000 | 6,499,000 | 4,810,000 | 2,388,000 | 2,913,000 | 2,955,000 | 3,134,000 | 2,885,000 | 2,853,000 | 2,804,000 | 2,858,000 | 2,114,000 | 1,928,000 | 1,913,000 | 1,643,000 | 500,000 | 586,000 | 499,000 | 495,000 | 297,000 | 211,000 | 217,000 | 290,000 | 288,000 | 285,000 | 313,000 | 1,897,000 | 285,000 | 429,000 | 537,000 | 472,000 | 482,000 | 374,000 | 469,000 | 446,000 | 438,000 | ||||||||||||||||
deferred income taxes | -51,000,000 | -109,000,000 | 4,000,000 | -8,000,000 | -16,000,000 | -7,000,000 | -12,000,000 | -2,000,000 | -12,000,000 | -40,000,000 | -17,000,000 | -7,000,000 | -13,000,000 | -70,500,000 | -18,400,000 | -5,400,000 | -8,300,000 | -816,000 | 173,000 | 8,206,000 | -2,390,000 | -22,700,000 | -9,360,000 | 1,431,000 | -13,011,000 | 10,354,000 | -20,962,000 | 3,754,000 | 2,309,000 | 6,623,000 | 5,288,000 | 184,000 | -473,640,000 | 195,990,000 | -168,968,000 | -16,567,000 | 24,441,000 | 11,137,000 | 12,198,000 | 6,815,000 | 17,162,000 | 10,195,000 | 11,179,000 | 5,139,000 | 22,120,000 | 9,327,000 | 7,548,000 | 4,496,000 | -6,436,000 | 4,392,000 | 5,605,000 | -894,000 | 1,440,000 | 1,450,000 | 1,417,000 | 1,356,000 | 1,282,000 | 1,276,000 | 1,373,000 | 1,516,000 | 1,455,000 | 1,229,000 | -5,772,000 | -3,148,000 | 1,523,000 | 1,520,000 | 1,546,000 | 1,496,000 | 915,000 | 1,423,000 | 1,121,000 | 1,233,000 | 679,000 | 1,251,000 | 1,127,000 | 1,254,000 | |||||||||
payments for broadcast rights | -62,000,000 | -94,000,000 | -88,000,000 | -81,000,000 | -80,000,000 | -85,000,000 | -74,000,000 | -90,000,000 | -76,000,000 | -95,000,000 | -104,000,000 | -76,000,000 | -142,000,000 | -147,200,000 | -31,000,000 | -32,700,000 | -33,400,000 | -34,336,000 | -40,773,000 | -46,705,000 | -45,564,000 | -46,372,000 | -46,320,000 | -49,111,000 | -51,783,000 | -53,480,000 | -18,850,000 | -13,811,000 | -14,489,000 | -14,865,000 | -16,538,000 | -16,249,000 | -16,161,000 | -16,891,000 | -16,144,000 | -13,335,000 | -5,762,000 | -5,404,000 | -5,580,000 | -6,258,000 | -6,193,000 | -5,495,000 | -5,514,000 | -5,271,000 | -2,917,000 | -3,030,000 | -2,929,000 | -3,149,000 | -3,160,000 | -3,652,000 | -3,679,000 | -3,700,000 | -2,168,000 | -2,200,000 | -2,313,000 | -3,249,000 | -2,281,000 | -2,478,000 | -2,450,000 | -2,414,000 | -2,558,000 | -2,161,000 | -2,111,000 | -2,001,000 | -1,986,000 | -2,141,000 | -2,062,000 | -2,053,000 | -2,007,000 | -2,254,000 | -2,175,000 | -1,900,000 | -1,907,000 | -2,302,000 | -2,384,000 | -2,323,000 | |||||||||
income from equity method investments | -4,000,000 | -6,000,000 | -5,000,000 | -11,000,000 | -8,000,000 | -18,000,000 | -17,000,000 | -16,000,000 | -19,000,000 | -22,000,000 | -25,000,000 | -32,000,000 | -25,000,000 | -43,200,000 | -36,600,000 | -35,900,000 | -37,700,000 | -46,873,000 | -20,783,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investments – return on capital | 84,000,000 | 6,000,000 | 11,000,000 | 114,000,000 | 4,000,000 | 19,000,000 | 120,000,000 | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 34,000,000 | -62,000,000 | 9,000,000 | 8,000,000 | -2,000,000 | -12,000,000 | 32,000,000 | 3,000,000 | 45,000,000 | -204,000,000 | 55,000,000 | 64,000,000 | 72,000,000 | -92,500,000 | 11,100,000 | 65,500,000 | 4,300,000 | -103,373,000 | -20,495,000 | 21,734,000 | -16,466,000 | -109,423,000 | -16,608,000 | 117,244,000 | -7,268,000 | -52,457,000 | 54,303,000 | -3,854,000 | 4,184,000 | -27,787,000 | 13,990,000 | 42,949,000 | -49,577,000 | -19,500,000 | 5,985,000 | 7,273,000 | -4,445,000 | -8,430,000 | -7,538,000 | -6,877,000 | -18,677,000 | -4,419,000 | -8,148,000 | 934,000 | -11,704,000 | -2,299,000 | -333,000 | 3,958,000 | -9,705,000 | 2,002,000 | -12,197,000 | -18,214,000 | -1,402,000 | -2,554,000 | 6,341,000 | -1,939,000 | -1,044,000 | 4,326,000 | -638,000 | -588,000 | 3,660,000 | 4,122,000 | 2,001,000 | 32,000 | -4,674,000 | 4,919,000 | -2,306,000 | -402,000 | -5,164,000 | -75,000 | 42,000 | 1,165,000 | -4,470,000 | 582,000 | -3,917,000 | 1,488,000 | |||||||||
prepaid and other current assets | -6,000,000 | 12,000,000 | 2,000,000 | -8,000,000 | 2,000,000 | 6,000,000 | -18,000,000 | -3,000,000 | 8,000,000 | -11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent assets | -5,000,000 | 3,000,000 | -2,000,000 | 2,000,000 | 3,000,000 | -3,000,000 | 4,000,000 | 0 | -11,000,000 | -3,000,000 | 3,000,000 | 34,636,000 | 4,845,000 | -2,790,000 | -1,515,000 | 1,788,000 | -307,000 | 11,920,000 | 214,000 | -3,670,000 | 70,000 | -3,898,000 | 2,248,000 | 1,200,000 | 848,000 | -1,567,000 | -732,000 | 524,000 | 701,000 | -771,000 | 376,000 | -306,000 | 93,000 | 81,000 | -68,000 | 242,000 | 63,000 | 56,000 | 72,000 | 109,000 | 60,000 | 92,000 | 54,000 | 30,000 | 18,000 | -5,000 | 13,000 | 24,000 | 60,000 | 22,000 | -16,000 | -2,000 | -24,000 | 287,000 | 238,000 | -283,000 | -228,000 | -216,000 | -83,000 | 56,000 | -400,000 | -119,000 | -51,000 | -105,000 | 102,000 | -409,000 | -144,000 | -126,000 | |||||||||||||||||
accounts payable | -31,000,000 | 34,000,000 | -90,000,000 | 76,000,000 | -16,000,000 | 1,000,000 | -5,000,000 | 20,000,000 | -114,000,000 | 86,000,000 | 9,000,000 | -82,000,000 | 19,000,000 | 30,400,000 | -8,600,000 | -50,200,000 | -21,300,000 | 60,262,000 | 44,357,000 | -75,069,000 | -1,835,000 | 53,761,000 | -13,358,000 | 31,587,000 | -18,324,000 | 49,877,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other current liabilities | -78,000,000 | 24,000,000 | 41,000,000 | -21,000,000 | 37,000,000 | -38,000,000 | 32,000,000 | -30,000,000 | 51,000,000 | -24,000,000 | -63,800,000 | -37,400,000 | 10,651,000 | -8,316,000 | 31,786,000 | -29,834,000 | 13,842,000 | -5,390,000 | -82,095,000 | -10,102,000 | 67,118,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax payable | 43,000,000 | 31,000,000 | -7,000,000 | -92,000,000 | 54,000,000 | 46,000,000 | 65,000,000 | -130,000,000 | 71,000,000 | 62,000,000 | -1,000,000 | -76,000,000 | 52,000,000 | 46,300,000 | 4,900,000 | -98,200,000 | 57,300,000 | 1,525,000 | -7,670,000 | -105,077,000 | 62,924,000 | 3,750,000 | -119,633,000 | 29,862,000 | 74,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent liabilities | -13,000,000 | -4,000,000 | -21,000,000 | -16,000,000 | -13,000,000 | -6,000,000 | -9,000,000 | -11,000,000 | -10,000,000 | -12,000,000 | -11,000,000 | -12,000,000 | -13,000,000 | -15,400,000 | -11,300,000 | -12,700,000 | -13,200,000 | -52,275,000 | -20,667,000 | -25,824,000 | -19,536,000 | -32,590,000 | -11,067,000 | -10,847,000 | -18,822,000 | -12,746,000 | -2,354,000 | 112,000 | -3,128,000 | -2,225,000 | -5,241,000 | -4,203,000 | -16,108,000 | 1,515,000 | -1,691,000 | -5,927,000 | -28,000 | -679,000 | -1,462,000 | 1,273,000 | 339,000 | -137,000 | 106,000 | 103,000 | 125,000 | 161,000 | -175,000 | -22,000 | -2,592,000 | -324,000 | -312,000 | 1,469,000 | -612,000 | 358,000 | -155,000 | -56,000 | -98,000 | -180,000 | 13,000 | 96,000 | -505,000 | 180,000 | 141,000 | 44,000 | 151,000 | 149,000 | -21,000 | 170,000 | 178,000 | 137,000 | 120,000 | 204,000 | 164,000 | 382,000 | |||||||||||
other | 5,000,000 | 2,000,000 | 5,000,000 | -4,000,000 | 10,000,000 | 3,000,000 | -2,000,000 | 6,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | -4,000,000 | 2,000,000 | -1,200,000 | 7,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 289,000,000 | 190,000,000 | 117,000,000 | 247,000,000 | 337,000,000 | 411,000,000 | 387,000,000 | 176,000,000 | 276,000,000 | 182,000,000 | 138,000,000 | 185,000,000 | 494,000,000 | 218,000,000 | 376,000,000 | 290,100,000 | 518,900,000 | 333,189,000 | 286,097,000 | 147,302,000 | 448,255,000 | 376,682,000 | 160,190,000 | 302,180,000 | 415,118,000 | 101,485,000 | 79,582,000 | 111,811,000 | 124,589,000 | 175,529,000 | 144,770,000 | 179,365,000 | 45,943,000 | -47,104,000 | 158,887,000 | -21,005,000 | 84,763,000 | 66,785,000 | 57,778,000 | 38,431,000 | 56,611,000 | 60,062,000 | 30,967,000 | 49,626,000 | 45,885,000 | 47,222,000 | 28,689,000 | 44,731,000 | -18,389,000 | 31,894,000 | 729,000 | 13,105,000 | 26,332,000 | 16,355,000 | 26,042,000 | 5,374,000 | 12,746,000 | 4,514,000 | 17,706,000 | 10,533,000 | 24,325,000 | 10,039,000 | 14,371,000 | -3,651,000 | 19,922,000 | 11,885,000 | 18,564,000 | 10,277,000 | 16,999,000 | 6,480,000 | 10,102,000 | 3,406,000 | 24,054,000 | 13,021,000 | 11,337,000 | 6,050,000 | 12,445,000 | 5,653,000 | |||||||
capital expenditures | -14,000,000 | -60,000,000 | -30,000,000 | -29,000,000 | -23,000,000 | -48,000,000 | -24,000,000 | -37,000,000 | -29,000,000 | -60,000,000 | -26,000,000 | -29,000,000 | -21,000,000 | -57,200,000 | -34,300,000 | -32,200,000 | -23,700,000 | -48,800,000 | -37,338,000 | -37,313,000 | -21,059,000 | -54,033,000 | -62,147,000 | -57,250,000 | -32,110,000 | -89,264,000 | -34,161,000 | -47,598,000 | -783,000 | -23,364,000 | -5,002,000 | -17,012,000 | -19,437,000 | -13,765,000 | -2,972,000 | -11,457,000 | -4,573,000 | -12,087,000 | -5,779,000 | -6,386,000 | -6,867,000 | -7,304,000 | -4,650,000 | -3,804,000 | 965,000 | -4,360,000 | -3,201,000 | -3,003,000 | -1,348,000 | -3,095,000 | -9,155,000 | -2,572,000 | -3,361,000 | -2,929,000 | -2,995,000 | 0 | -3,825,000 | -1,912,000 | -3,607,000 | 0 | 0 | -4,929,000 | -3,793,000 | -3,234,000 | -12,674,000 | -10,217,000 | -3,656,000 | -4,246,000 | -4,905,000 | -3,532,000 | -4,246,000 | -5,858,000 | -7,613,000 | -7,810,000 | -5,949,000 | -2,982,000 | -3,372,000 | -3,539,000 | |||||||
free cash flows | 275,000,000 | 130,000,000 | 87,000,000 | 218,000,000 | 314,000,000 | 363,000,000 | 363,000,000 | 139,000,000 | 247,000,000 | 122,000,000 | 112,000,000 | 156,000,000 | 473,000,000 | 160,800,000 | 341,700,000 | 257,900,000 | 495,200,000 | 284,389,000 | 248,759,000 | 109,989,000 | 427,196,000 | 322,649,000 | 98,043,000 | 244,930,000 | 383,008,000 | 12,221,000 | 45,421,000 | 64,213,000 | 123,806,000 | 152,165,000 | 139,768,000 | 162,353,000 | 26,506,000 | -60,869,000 | 155,915,000 | -32,462,000 | 80,190,000 | 54,698,000 | 51,999,000 | 32,045,000 | 49,744,000 | 52,758,000 | 26,317,000 | 45,822,000 | 46,850,000 | 42,862,000 | 25,488,000 | 41,728,000 | -19,737,000 | 28,799,000 | -8,426,000 | 10,533,000 | 22,971,000 | 13,426,000 | 23,047,000 | 5,374,000 | 8,921,000 | 2,602,000 | 14,099,000 | 10,533,000 | 24,325,000 | 5,110,000 | 10,578,000 | -6,885,000 | 7,248,000 | 1,668,000 | 14,908,000 | 6,031,000 | 12,094,000 | 2,948,000 | 5,856,000 | -2,452,000 | 16,441,000 | 5,211,000 | 5,388,000 | 3,068,000 | 9,073,000 | 2,114,000 | |||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -22,000,000 | -54,000,000 | -30,000,000 | -29,000,000 | -35,000,000 | -35,000,000 | -29,000,000 | -37,000,000 | -44,000,000 | -36,000,000 | -36,000,000 | -41,000,000 | -36,000,000 | -57,300,000 | -37,000,000 | -34,100,000 | -28,900,000 | -45,784,000 | -38,079,000 | -34,795,000 | -32,103,000 | -46,888,000 | -54,494,000 | -55,522,000 | -60,134,000 | -87,286,000 | -38,757,000 | -42,889,000 | -28,579,000 | -27,196,000 | -15,298,000 | -21,092,000 | -23,615,000 | -21,155,000 | -13,777,000 | -13,914,000 | -6,228,000 | -10,607,000 | -7,294,000 | -7,741,000 | -7,739,000 | -7,909,000 | -6,972,000 | -6,401,000 | -6,485,000 | -4,839,000 | -5,082,000 | -3,983,000 | -2,048,000 | -4,388,000 | -5,733,000 | -6,786,000 | -3,826,000 | -3,122,000 | -4,076,000 | -3,890,000 | -2,784,000 | -4,168,000 | |||||||||||||||||||||||||||
payments for acquisitions, net of cash acquired | -3,341,000,000 | 0 | 0 | 0 | -22,000,000 | 409,000 | -130,375,000 | -254,097,000 | -69,071,000 | -213,000 | -63,000,000 | -3,077,000 | -82,790,000 | -4,060,000 | 0 | 0 | -2,971,194,000 | 288,000 | -459,979,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received from life insurance policies | 51,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | -1,000,000 | -1,000,000 | 1,000,000 | 1,000,000 | -4,000,000 | -4,000,000 | 0 | -8,000,000 | 0 | -400,000 | -1,500,000 | -5,600,000 | 6,500,000 | -1,893,000 | -264,000 | -680,000 | 1,381,000 | 344,000 | 171,000 | 1,762,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -3,313,000,000 | -55,000,000 | -29,000,000 | -28,000,000 | -61,000,000 | -34,000,000 | -29,000,000 | -35,000,000 | -4,000,000 | -36,000,000 | -64,000,000 | -37,000,000 | -36,000,000 | 136,100,000 | 3,900,000 | 7,600,000 | -22,400,000 | -38,308,000 | -150,682,000 | -20,303,000 | -22,807,000 | -300,112,000 | -61,490,000 | -29,177,000 | 351,029,000 | -120,002,000 | -4,545,297,000 | -23,103,000 | -13,753,000 | -43,742,000 | -16,961,000 | -101,035,000 | -24,096,000 | 459,327,000 | 394,000 | -2,497,697,000 | -11,158,000 | -10,358,000 | -7,117,000 | -111,552,000 | -20,392,000 | -9,829,000 | -5,422,000 | -438,698,000 | -130,913,000 | -4,790,000 | -68,304,000 | -26,026,000 | -10,432,000 | -70,583,000 | -39,209,000 | -127,894,000 | -32,375,000 | -3,121,000 | -4,043,000 | -22,767,000 | -23,890,000 | -3,772,000 | -4,150,000 | -1,917,000 | -3,160,000 | -4,647,000 | -3,616,000 | -7,555,000 | -12,944,000 | -9,723,000 | -3,656,000 | -12,169,000 | -4,908,000 | -3,527,000 | -4,319,000 | -5,854,000 | -63,094,000 | -7,750,000 | -5,587,000 | -2,841,000 | -3,372,000 | -3,494,000 | -4,159,000 | -15,333,000 | -29,734,000 | -3,255,000 | -9,199,000 | -2,417,000 | |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from debt issuance, net of debt discounts | 9,381,000,000 | 0 | 0 | 0 | 0 | 0 | 55,000,000 | 0 | 0 | 0 | 22,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | -6,026,000,000 | -27,000,000 | -25,000,000 | -3,512,000,000 | -31,000,000 | -181,000,000 | -85,000,000 | -31,000,000 | -85,000,000 | -52,000,000 | -31,000,000 | -31,000,000 | -31,000,000 | -229,700,000 | -57,500,000 | -2,513,300,000 | -159,500,000 | -136,107,000 | -100,357,000 | -273,358,000 | -80,357,000 | -326,308,000 | -1,387,519,000 | -12,991,000 | -457,328,000 | -686,804,000 | -11,805,000 | -111,803,000 | -91,805,000 | -150,573,000 | -102,337,000 | -74,579,000 | -30,579,000 | -500,952,000 | -69,999,000 | -1,320,799,000 | -7,025,000 | -25,039,000 | -27,179,000 | -20,897,000 | -14,772,000 | -3,690,000 | -43,688,000 | -104,140,000 | -63,688,000 | -980,000 | -4,153,000 | -3,610,000 | -367,922,000 | -27,375,000 | -44,385,000 | -23,975,000 | -12,875,000 | -58,559,000 | -16,398,000 | ||||||||||||||||||||||||||||||
payments for debt financing costs | -85,000,000 | -1,000 | -35,000 | -4,000 | -10,362,000 | 0 | -379,000 | -1,335,000 | -70,639,000 | 0 | -682,000 | 0 | -51,357,000 | -1,425,000 | -19,182,000 | 0 | 0 | -305,000 | -2,920,000 | -1,250,000 | 0 | -280,000 | -77,000 | -4,992,000 | -449,000 | -1,079,000 | -690,000 | 0 | -7,000 | 0 | -497,000 | -137,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
premium paid on debt extinguishment | -13,000,000 | 0 | 0 | 0 | 0 | -18,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | 0 | 0 | -50,000,000 | -75,000,000 | -178,000,000 | -177,000,000 | -135,000,000 | -111,000,000 | -96,000,000 | -194,000,000 | -139,000,000 | -176,000,000 | -259,400,000 | -215,200,000 | -248,000,000 | -158,100,000 | -133,572,000 | -144,349,000 | -137,864,000 | -121,011,000 | -84,297,000 | -125,013,000 | 0 | -72,587,000 | 0 | -16,704,000 | -33,820,000 | 0 | -40,714,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock dividends paid | -56,000,000 | -57,000,000 | -56,000,000 | -56,000,000 | -57,000,000 | -52,000,000 | -55,000,000 | -55,000,000 | -57,000,000 | -46,000,000 | -47,000,000 | -48,000,000 | -50,000,000 | -33,900,000 | -34,900,000 | -36,300,000 | -37,100,000 | -28,712,000 | -29,252,000 | -29,880,000 | -30,365,000 | -24,658,000 | -25,362,000 | -25,342,000 | -25,676,000 | -20,761,000 | -20,743,000 | -20,738,000 | -20,581,000 | -17,081,000 | -17,155,000 | -17,288,000 | -13,760,000 | -13,864,000 | -14,162,000 | -14,106,000 | -7,367,000 | -7,362,000 | -7,361,000 | -7,355,000 | -5,816,000 | -6,005,000 | -5,944,000 | -5,921,000 | -4,633,000 | -4,632,000 | -4,592,000 | -4,588,000 | -3,648,000 | -3,597,000 | -3,528,000 | -3,529,000 | |||||||||||||||||||||||||||||||||
cash paid for shares withheld for taxes | -18,000,000 | 0 | -5,000,000 | -2,000,000 | -1,000,000 | 0 | -7,000,000 | -2,000,000 | -15,000,000 | 0 | -100,000 | -2,700,000 | -9,800,000 | 0 | 0 | -2,762,000 | -8,122,000 | 0 | 0 | -301,000 | -6,483,000 | 0 | 0 | -537,000 | -9,276,000 | -136,000 | -173,000 | -4,543,000 | -68,000 | 1,000 | -174,000 | -3,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | -3,000,000 | 0 | -6,000,000 | 2,000,000 | -4,000,000 | -7,000,000 | -2,000,000 | 1,000,000 | 1,000,000 | 4,000,000 | -3,000,000 | 1,700,000 | 200,000 | 1,500,000 | -2,700,000 | -151,000 | 0 | 412,000 | 39,000 | -273,000 | 6,946,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 3,180,000,000 | -91,000,000 | -86,000,000 | -238,000,000 | -167,000,000 | -414,000,000 | -323,000,000 | -232,000,000 | -182,000,000 | -163,000,000 | -270,000,000 | -215,000,000 | -251,000,000 | -496,600,000 | -309,700,000 | -347,500,000 | -361,200,000 | -298,826,000 | -254,853,000 | -153,507,000 | -238,372,000 | -333,777,000 | -353,418,000 | -42,444,000 | -564,150,000 | -66,834,000 | 4,719,820,000 | -137,375,000 | -127,360,000 | -161,045,000 | -89,249,000 | -84,861,000 | -41,996,000 | -362,324,000 | -146,271,000 | 2,503,914,000 | -15,181,000 | -54,353,000 | -36,300,000 | 42,526,000 | -16,159,000 | -53,768,000 | -43,238,000 | 301,744,000 | 148,264,000 | -5,869,000 | 21,148,000 | -8,153,000 | 44,230,000 | 17,683,000 | 61,480,000 | 68,415,000 | 5,801,000 | -12,605,000 | -17,696,000 | 17,125,000 | 6,425,000 | -9,025,000 | -16,398,000 | -2,721,000 | -11,175,000 | -8,808,000 | -12,318,000 | 7,491,000 | -2,792,000 | -6,145,000 | -57,751,000 | 44,140,000 | -1,774,000 | -5,871,000 | -4,824,000 | -863,000 | 37,122,000 | -4,871,000 | -4,878,000 | -4,871,000 | -1,368,000 | -6,637,000 | 15,582,000 | -587,000 | 20,780,000 | -10,252,000 | 6,205,000 | 3,618,000 | |
net increase in cash, cash equivalents and restricted cash | 156,000,000 | -37,000,000 | 35,000,000 | -91,000,000 | 90,000,000 | -17,000,000 | -196,000,000 | -67,000,000 | 207,000,000 | -142,500,000 | 70,200,000 | -49,800,000 | 135,300,000 | -3,945,000 | -119,438,000 | -26,508,000 | 187,076,000 | -257,207,000 | -254,718,000 | 230,559,000 | 201,997,000 | -85,351,000 | 254,105,000 | -29,258,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 280,000,000 | 0 | 0 | 0 | 147,000,000 | 0 | 0 | 0 | 220,000,000 | 0 | 0 | 0 | 206,500,000 | 0 | 0 | 0 | 169,309,000 | 0 | 0 | 0 | 248,678,000 | 0 | 0 | 0 | 145,115,000 | 0 | 0 | 115,652,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 436,000,000 | -37,000,000 | 35,000,000 | -91,000,000 | 237,000,000 | -17,000,000 | -196,000,000 | -67,000,000 | 427,000,000 | -142,500,000 | 70,200,000 | -49,800,000 | 341,800,000 | -3,945,000 | -119,438,000 | -26,508,000 | 356,385,000 | -257,207,000 | -254,718,000 | 230,559,000 | 450,675,000 | -85,351,000 | 254,105,000 | -48,667,000 | 128,591,000 | -29,258,000 | 38,560,000 | 109,121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 126,000,000 | 78,000,000 | 106,000,000 | 81,000,000 | 107,000,000 | 87,000,000 | 125,000,000 | 98,000,000 | 121,000,000 | 102,000,000 | 121,000,000 | 107,000,000 | 107,000,000 | 87,100,000 | 98,700,000 | 65,900,000 | 78,400,000 | 52,890,000 | 79,233,000 | 58,972,000 | 82,106,000 | 34,097,000 | 118,902,000 | 45,832,000 | 125,516,000 | 71,781,000 | 80,779,000 | 39,264,000 | 58,839,000 | 65,916,000 | 42,552,000 | 62,322,000 | 38,683,000 | 57,354,000 | 42,969,000 | 74,677,000 | 31,806,000 | 28,897,000 | 24,401,000 | 14,813,000 | 24,271,000 | 15,438,000 | 24,324,000 | 6,397,000 | 24,499,000 | 5,789,000 | 23,392,000 | 5,547,000 | 38,173,000 | 4,829,000 | 28,722,000 | 3,350,000 | 6,562,000 | 18,623,000 | 7,508,000 | 7,472,000 | 22,221,000 | 4,515,000 | |||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment in accounts payable and accruals | 8,000,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for operating lease obligations | 10,000,000 | 26,000,000 | 6,000,000 | 10,000,000 | 11,000,000 | 3,000,000 | 3,000,000 | 22,000,000 | 28,000,000 | 1,000,000 | 21,000,000 | 4,000,000 | 20,900,000 | 5,900,000 | 2,200,000 | 20,500,000 | 3,386,000 | 7,995,000 | 21,130,000 | 12,525,000 | 8,091,000 | 1,034,000 | 5,875,000 | 15,977,000 | 9,917,000 | 1,376,000 | 605,000 | 113,598,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and long-lived asset impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt financing costs, debt discounts and premium | 2,000,000 | 1,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,776,000 | 3,791,000 | 3,718,000 | 3,694,000 | 3,912,000 | 4,351,000 | 4,329,000 | 4,636,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of an investment | 0 | 0 | 0 | -40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of an equity method investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investments—return on capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -2,500,000 | -10,236,000 | 5,822,000 | -1,208,000 | 162,000 | -5,040,000 | 4,839,000 | 6,995,000 | -1,834,000 | 7,517,000 | 2,172,000 | 1,070,000 | -1,415,000 | 1,915,000 | 2,747,000 | -1,243,000 | -6,082,000 | -3,271,000 | 1,419,000 | 30,759,000 | -8,241,000 | -13,045,000 | -8,225,000 | 883,000 | 678,000 | -4,451,000 | 997,000 | 1,452,000 | 846,000 | 951,000 | -1,660,000 | 1,184,000 | -208,000 | -3,082,000 | -557,000 | 670,000 | -1,245,000 | 477,000 | 89,000 | -729,000 | 3,472,000 | -2,296,000 | -1,056,000 | 2,450,000 | -1,676,000 | -624,000 | 735,000 | -374,000 | 892,000 | -17,000 | -29,000 | -1,310,000 | 679,000 | 493,000 | 441,000 | -183,000 | -759,000 | 250,000 | 430,000 | -1,247,000 | |||||||||||||||||||||||||
deposits received associated with the sale of real estate assets | 0 | -3,000,000 | 3,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of an investment | 0 | 0 | 0 | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from noncontrolling interests | 0 | 0 | 0 | 19,000,000 | 15,000,000 | 11,000,000 | 12,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for capitalized software obligations | -6,000,000 | -4,000,000 | -6,000,000 | -2,000,000 | -5,000,000 | -2,000,000 | -4,900,000 | -2,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 400,000 | 6,000,000 | 4,553,000 | 306,000 | 589,000 | 2,798,000 | 2,650,000 | 1,518,000 | 288,000 | 368,000 | 654,000 | 266,000 | 56,000 | 1,427,000 | 3,125,000 | 181,000 | 1,878,000 | 4,292,000 | 560,000 | 462,000 | 2,841,000 | 838,000 | 174,000 | 30,000 | 43,000 | 1,819,000 | 1,465,000 | 740,000 | 7,000 | 1,177,000 | 107,000 | 797,000 | 1,854,000 | 2,853,000 | 1,455,000 | 448,000 | 280,000 | 279,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid, net of refunds | 33,000,000 | 34,000,000 | 139,000,000 | 2,000,000 | 67,000,000 | 10,000,000 | 175,000,000 | 2,000,000 | 27,000,000 | 21,000,000 | 96,500,000 | 95,100,000 | 175,100,000 | 3,200,000 | 72,452,000 | 74,579,000 | 167,309,000 | 5,511,000 | 149,736,000 | 194,293,000 | 5,576,000 | 2,110,000 | 246,424,000 | 16,208,000 | 50,536,000 | 1,883,000 | 26,301,000 | 51,432,000 | 169,285,000 | 48,367,000 | 3,605,000 | 1,986,000 | 3,723,000 | 17,704,000 | 5,978,000 | 5,623,000 | 5,795,000 | 11,717,000 | 5,925,000 | 855,000 | 835,000 | ||||||||||||||||||||||||||||||||||||||||||||
capitalized software in other current and noncurrent liabilities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 190,000,000 | 197,000,000 | 205,000,000 | 220,000,000 | 190,000,000 | 208,000,000 | 190,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from redeemable noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 2,000,000 | -19,000,000 | 109,000,000 | -20,149,000 | 20,060,000 | -87,328,000 | 63,236,000 | 10,552,000 | 15,409,000 | -21,006,000 | 23,000,000 | -46,374,000 | -242,000 | 629,000 | 4,303,000 | -268,000 | 5,895,000 | -3,715,000 | 42,248,000 | 7,705,000 | -4,646,000 | 3,888,000 | 4,219,000 | -6,721,000 | 6,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 144,000,000 | 0 | 0 | 0 | 87,680,000 | 0 | 0 | 0 | 43,416,000 | 0 | 0 | 0 | 131,912,000 | 0 | 0 | 0 | 40,028,000 | 0 | 0 | 0 | 7,546,000 | 0 | 0 | 23,658,000 | 0 | 0 | 12,752,000 | 15,834,000 | 0 | 0 | 16,226,000 | 0 | 0 | 11,179,000 | 0 | 0 | 13,487,000 | 0 | 0 | 18,505,000 | 0 | 0 | 10,848,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 2,000,000 | -19,000,000 | 253,000,000 | -20,149,000 | 49,899,000 | 13,010,000 | 72,892,000 | 58,424,000 | 2,074,000 | 14,361,000 | 12,821,000 | 20,060,000 | -3,535,000 | -17,693,000 | 44,584,000 | 63,236,000 | 36,563,000 | -18,467,000 | 50,580,000 | 15,409,000 | -242,000 | 629,000 | 11,849,000 | -4,719,000 | -8,283,000 | 20,816,000 | 9,990,000 | -3,416,000 | 11,189,000 | 12,119,000 | -3,983,000 | -42,843,000 | 58,474,000 | -2,918,000 | 959,000 | 7,868,000 | 400,000 | 872,000 | 11,825,000 | -4,478,000 | -3,599,000 | 13,859,000 | 4,219,000 | -6,721,000 | 17,119,000 | ||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 1,305,000 | 856,000 | 63,000 | 989,000 | 5,897,000 | 37,371,000 | 0 | 7,477,000 | 6,577,000 | 0 | 2,026,000 | 1,698,000 | 3,159,000 | 481,000 | 1,005,000 | 534,000 | 1,221,000 | 1,323,000 | 31,804,000 | 0 | 0 | 33,676,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for excise tax on stock repurchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued and noncash purchases of long-lived assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued and noncash purchases of property and equipment | 12,000,000 | -13,000,000 | 5,000,000 | 0 | 15,000,000 | -24,000,000 | 10,000,000 | 12,000,000 | 15,000,000 | 100,000 | 2,700,000 | 1,900,000 | 5,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other long-lived asset impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on bargain purchase | -1,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired on business acquisition | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for contingent consideration in connection with a past acquisition | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for acquisitions | -22,057,000 | -121,114,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits received associated with a proposed sale of a real estate asset | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spectrum repack reimbursements | 0 | -500,000 | -1,809,000 | -5,585,000 | -6,926,000 | -5,415,000 | -5,914,000 | -12,873,000 | -25,716,000 | -12,758,000 | -16,336,000 | -20,417,000 | -19,416,000 | -14,187,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 220,000,000 | 262,000,000 | 249,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of real estate and other assets | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on equity investments measured at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution to a noncontrolling interest | 0 | -243,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investments - return on capital | 226,000,000 | 14,800,000 | 10,700,000 | 31,100,000 | 193,000,000 | 17,081,000 | 15,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on relinquishment of spectrum | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of stations and business units | 0 | 14,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from resolution of acquired contingency | 0 | 0 | 0 | 98,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collection of investment in loans receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
relinquishment of spectrum asset and derecognition of liability to surrender spectrum asset | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
owner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mission | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
white knight broadcasting | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vaughan media, llc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 76,800,000 | 77,400,000 | 77,700,000 | 77,683,000 | 75,730,000 | 73,812,000 | 73,687,000 | 70,350,000 | 69,265,000 | 69,512,000 | 70,583,000 | 84,779,000 | 42,443,000 | 36,357,000 | 36,738,000 | 37,157,000 | 37,181,000 | 36,302,000 | 38,799,000 | 33,986,000 | 38,557,000 | 48,158,000 | 11,669,000 | 11,505,000 | 11,319,000 | 12,079,000 | 12,827,000 | 11,351,000 | 11,237,000 | 13,060,000 | 7,153,000 | 6,392,000 | 6,112,000 | 6,193,000 | 7,248,000 | 7,996,000 | 6,914,000 | 7,990,000 | 5,480,000 | 5,511,000 | 5,604,000 | 7,213,000 | 7,359,000 | 5,839,000 | 5,932,000 | 5,987,000 | 5,932,000 | 5,892,000 | 9,029,000 | 6,345,000 | 6,383,000 | 6,372,000 | 6,362,000 | 6,377,000 | 6,467,000 | 6,465,000 | 6,012,000 | 6,017,000 | 6,053,000 | 6,053,000 | 6,472,000 | 6,630,000 | |||||||||||||||||||||||
depreciation of property and equipment | 40,200,000 | 39,300,000 | 39,100,000 | 45,839,000 | 41,354,000 | 39,904,000 | 39,468,000 | 39,901,000 | 36,611,000 | 35,770,000 | 35,406,000 | 38,485,000 | 29,363,000 | 28,090,000 | 27,437,000 | 27,673,000 | 25,090,000 | 25,814,000 | 26,161,000 | 25,979,000 | 26,292,000 | 22,226,000 | 13,126,000 | 12,877,000 | 12,739,000 | 12,558,000 | 11,972,000 | 13,076,000 | 11,302,000 | 10,872,000 | 9,247,000 | 8,838,000 | 8,543,000 | 8,419,000 | 8,787,000 | 8,598,000 | 8,213,000 | 7,980,000 | 5,896,000 | 5,715,000 | 5,748,000 | 5,618,000 | 5,205,000 | 5,230,000 | 5,252,000 | 5,257,000 | 5,380,000 | 5,196,000 | 5,374,000 | 5,229,000 | 5,088,000 | 5,333,000 | 5,186,000 | 5,011,000 | 5,024,000 | 4,988,000 | 4,438,000 | 4,400,000 | 4,622,000 | 4,626,000 | 3,987,000 | 3,996,000 | |||||||||||||||||||||||
loss on disposal of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of assets | -358,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on equity investments measured at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating activities | 6,500,000 | -1,856,000 | -2,727,000 | 1,253,000 | 1,687,000 | -615,000 | 460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets impairment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debt | 5,311,000 | 1,032,000 | 4,853,000 | 3,934,000 | 453,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on asset disposal | -15,000 | -4,000 | -591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of stations and business units | -300,000 | 0 | -14,000 | -2,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the estimated fair value of contingent consideration attributable to a past merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on an equity investment measured at fair value | 778,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-off of an equity investment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collection of (payment for) investment in a loan receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of investments in equity securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from an equity investment - return of capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deconsolidation of the cash of marshall | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for finance lease | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests | 0 | 0 | 0 | -66,901,000 | 0 | 0 | 0 | -100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued purchases of property and equipment | -3,016,000 | 741,000 | -2,518,000 | 10,642,000 | -7,145,000 | -12,110,000 | -1,728,000 | 28,024,000 | -1,978,000 | 4,596,000 | -4,709,000 | 27,796,000 | 3,832,000 | 10,296,000 | 4,080,000 | 2,513,000 | -1,731,000 | 887,000 | 2,438,000 | 1,686,000 | -1,508,000 | 848,000 | 1,313,000 | 710,000 | 299,000 | 41,000 | 1,321,000 | 1,759,000 | 108,000 | 934,000 | 966,000 | -294,000 | 1,265,000 | -3,422,000 | 4,214,000 | 407,000 | 212,000 | 928,000 | -75,000 | 677,000 | 466,000 | ||||||||||||||||||||||||||||||||||||||||||||
noncash purchases of property and equipment | 402,000 | 0 | 4,457,000 | 1,665,000 | 9,121,000 | 9,918,000 | 19,000 | -31,000 | 28,000 | 667,000 | 42,000 | 162,000 | 306,000 | 2,281,000 | 1,276,000 | 5,691,000 | 371,000 | 947,000 | 14,000 | 994,000 | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of assets | 2,437,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collection of investment in a loan receivable | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for finance lease and capitalized software obligations | -3,666,000 | -8,227,000 | -1,354,000 | -1,883,000 | -6,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the estimated fair value of contingent consideration attributable to a merger | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for bad debt | 1,067,000 | 14,363,000 | 8,554,000 | 1,818,000 | 2,545,000 | 3,294,000 | 2,071,000 | 2,539,000 | 1,542,000 | 807,000 | 856,000 | 721,000 | 673,000 | 444,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income on equity investments | -29,808,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity investments - return on capital | 177,705,000 | 16,685,000 | 9,905,000 | 26,692,000 | 170,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of stations and entities | 2,500,000 | 0 | 0 | -1,000 | 362,804,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spectrum repack reimbursements from the fcc | 5,415,000 | 5,914,000 | 12,873,000 | 25,716,000 | 12,758,000 | 16,336,000 | 20,417,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on asset disposal | 2,071,000 | -249,000 | -172,000 | -97,000 | 1,187,000 | -5,000 | 499,000 | -7,000 | 35,000 | 152,000 | 136,000 | 423,000 | 16,000 | 64,000 | 107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of stations and entities | -448,000 | 0 | 50,000 | -7,075,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) loss on equity investments | -15,864,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in a loan receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of property and equipment | 1,615,000 | 71,000 | 528,000 | 430,000 | 2,425,000 | 1,177,000 | 261,000 | 588,000 | 408,000 | 1,027,000 | 2,847,000 | 3,577,000 | 1,874,000 | 14,171,000 | 404,000 | 133,000 | 250,000 | 175,000 | 160,000 | 1,418,000 | 67,000 | 1,262,000 | 877,000 | 7,000 | 49,000 | 19,000 | 14,000 | 168,000 | 15,000 | 30,000 | 6,000 | 5,000 | 1,000 | 33,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt, net of debt discounts | 102,000,000 | 5,628,000 | 51,759,000 | 44,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidation of variable interest entities | 151,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset disposal | 38,000 | -420,000 | -388,000 | 377,000 | -533,000 | -332,000 | -59,000 | 238,000 | 2,375,000 | -973,000 | -57,622,000 | 802,000 | 33,000 | -5,000 | 7,000 | -19,000 | -82,000 | 94,000 | 8,000 | 10,000 | 10,000 | -24,000 | 254,000 | -127,000 | 120,000 | -47,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from a noncontrolling interest | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity investments | -11,332,000 | -14,158,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received from corporate-owned life insurance policies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncash operating activities | -230,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for capital lease and capitalized software obligations | -1,792,000 | -2,756,000 | -1,412,000 | -4,275,000 | -732,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of broadcast rights, excluding barter | 15,021,000 | 15,913,000 | 16,100,000 | 15,809,000 | 17,102,000 | 15,761,000 | 14,236,000 | 5,386,000 | 5,218,000 | 6,220,000 | 5,637,000 | 5,857,000 | 5,940,000 | 5,195,000 | 5,162,000 | 2,730,000 | 3,173,000 | 2,771,000 | 2,960,000 | 3,068,000 | 3,265,000 | 3,311,000 | 2,969,000 | 2,316,000 | 2,062,000 | 2,111,000 | 3,253,000 | 2,159,000 | 2,250,000 | 2,520,000 | 2,338,000 | 2,363,000 | 2,095,000 | 2,017,000 | 2,398,000 | 2,057,000 | 2,246,000 | 2,228,000 | 2,594,000 | 1,966,000 | 2,262,000 | 2,026,000 | 2,082,000 | 1,887,000 | 2,096,000 | 2,161,000 | 2,668,000 | ||||||||||||||||||||||||||||||||||||||
gain on disposal of stations | 517,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for contingent consideration in connection with an acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes payable | -201,491,000 | 44,217,000 | -27,644,000 | 12,249,000 | 1,019,000 | -6,054,000 | 18,547,000 | 135,890,000 | -332,819,000 | 155,235,000 | -944,000 | -27,000 | -175,000 | -19,000 | 146,000 | -2,091,000 | -5,600,000 | -10,621,000 | -4,478,000 | -199,000 | -784,000 | 93,000 | -298,000 | 98,000 | 82,000 | -310,000 | 105,000 | 105,000 | -358,000 | 193,000 | 152,000 | 146,000 | 129,000 | -358,000 | 117,000 | 0 | -252,000 | -1,000 | 4,000 | 6,000 | -222,000 | ||||||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and restricted cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of stations | 0 | 2,000 | 0 | 0 | 481,944,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received to relinquish spectrum asset | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt, including debt premium and discounts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for contingent consideration in connection with acquisitions | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed in connection with a merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance/reissuance of class a common stock in connection with a merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock option replacement awards in connection with a merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration payable in connection with a merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt financing costs and debt discounts | 2,725,000 | 1,925,000 | 1,942,000 | 2,427,000 | 2,610,000 | 2,626,000 | 2,674,000 | 2,652,000 | 2,467,000 | 2,690,000 | 2,255,000 | 1,494,000 | 954,000 | 946,000 | 996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncash credits | -358,000 | -478,000 | -398,000 | -500,000 | -845,000 | -404,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash compensation expense related to an acquisition's contingent consideration | 700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from an equity investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest from a consolidated variable interest entity | 0 | 0 | -6,393,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fcc licenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
network affiliation agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncurrent liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other current liabilities | 1,026,000 | -4,105,000 | 24,613,000 | -40,570,000 | 12,887,000 | -33,302,000 | 491,000 | 31,585,000 | -61,270,000 | -13,109,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest payable | 10,174,000 | -7,824,000 | -12,105,000 | 11,118,000 | -10,359,000 | 11,310,000 | -6,400,000 | 10,249,000 | -32,580,000 | 19,439,000 | 13,695,000 | -4,777,000 | 4,894,000 | -4,827,000 | 4,019,000 | -4,865,000 | 12,011,000 | -9,338,000 | 9,061,000 | -8,715,000 | 8,932,000 | -14,818,000 | 11,167,000 | -12,647,000 | 12,256,000 | 5,151,000 | -5,611,000 | 4,574,000 | 4,785,000 | -6,874,000 | 8,447,000 | 7,438,000 | 3,238,000 | 1,626,000 | -4,899,000 | 1,064,000 | -2,707,000 | 7,271,000 | -3,536,000 | 3,359,000 | -3,437,000 | 3,498,000 | -3,578,000 | 3,591,000 | -3,436,000 | 3,504,000 | -3,558,000 | 3,566,000 | -3,499,000 | ||||||||||||||||||||||||||||||||||||
proceeds received from settlement of corporate-owned life insurance policies | 109,000 | 51,000 | 425,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from a noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits and payments for acquisitions, net of cash acquired | 0 | -1,000 | 2,000 | -103,971,000 | -14,271,000 | -124,435,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -16,524,000 | -6,531,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for contingent consideration in connection with an acquisition | 0 | -5,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for capital lease obligations | -1,871,000 | -4,820,000 | -735,000 | -1,712,000 | -805,000 | -4,104,000 | -474,000 | -534,000 | -553,000 | -1,825,000 | -346,000 | -729,000 | -556,000 | -1,348,000 | -376,000 | -510,000 | -296,000 | -402,000 | -259,000 | -907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidation of a variable interest entity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from (distributions to) a noncontrolling interest | 0 | 226,000 | -169,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income tax refund, net of taxes paid) income taxes paid, net of refunds | -1,225,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from escrow deposit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the fair value of contingent consideration | 561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
withdrawal of interest previously deposited in escrow | 0 | 0 | 0 | 5,063,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
refund of prepaid interest previously deposited in escrow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued debt financing costs | 221,000 | 256,000 | 127,000 | -772,000 | 364,000 | -67,000 | 552,000 | 0 | 26,000 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of debt directly deposited into escrow | -402,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received to relinquish spectrum | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt | 452,120,000 | 0 | 3,981,861,000 | 0 | 0 | 0 | 58,000,000 | 5,000,000 | 5,000,000 | 0 | 411,950,000 | 212,337,000 | 0 | 3,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed in connection with the merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance/reissuance of class a common stock in connection with the merger | 0 | -42,000 | 1,031,485,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock option replacement awards in connection with the merger | 0 | 0 | 10,702,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration payable in connection with the merger | -261,736,000 | 10,387,000 | 264,965,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred gain recognition | -107,000 | -134,000 | -109,000 | -109,000 | -110,000 | -108,000 | -110,000 | -108,000 | -110,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -110,000 | -109,000 | -109,000 | -109,000 | -110,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | -109,000 | |||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred representation fee incentive | -297,000 | -297,000 | -296,000 | -297,000 | -297,000 | -286,000 | -333,000 | -286,000 | -286,000 | -264,000 | -220,000 | -215,000 | -205,000 | -205,000 | -205,000 | -205,000 | -205,000 | -205,000 | -204,000 | -205,000 | -155,000 | -155,000 | -154,000 | -155,000 | -154,000 | -155,000 | -157,000 | -150,000 | -84,000 | -179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 13,010,000 | -14,788,000 | 2,074,000 | 14,361,000 | -30,595,000 | -8,283,000 | -2,842,000 | -3,416,000 | -1,563,000 | -3,983,000 | -2,918,000 | 959,000 | -3,311,000 | 400,000 | 872,000 | -1,662,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash representation contract termination fee | 0 | 0 | 0 | 1,516,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock option exercises | -332,000 | -252,000 | 48,000 | -13,224,000 | -128,000 | -100,000 | -6,128,000 | -1,686,000 | -5,268,000 | -32,000 | -4,460,000 | -274,000 | -2,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of a station | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid interest deposited in escrow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on change in the fair value of contingent consideration | 1,687,000 | 404,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 12,225,000 | -6,516,000 | 6,303,000 | 14,448,000 | 1,933,000 | -5,781,000 | -962,000 | -3,677,000 | 8,286,000 | 343,000 | 313,000 | -1,802,000 | 5,211,000 | 560,000 | -27,000 | 2,285,000 | -2,437,000 | 1,487,000 | -356,000 | 213,000 | 3,757,000 | 90,000 | -807,000 | -2,142,000 | -3,271,000 | -147,000 | 1,860,000 | -1,181,000 | 1,378,000 | 420,000 | -2,715,000 | -1,701,000 | 1,361,000 | 1,343,000 | -64,000 | 25,000 | 2,331,000 | 2,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||
issue discount paid upon debt extinguishment | 0 | 0 | -2,676,000 | -450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium on debt extinguishment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration payable in connection with acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts payable to sellers for acquisition of stations | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of a station | 0 | 0 | 26,805,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt financing costs | 864,000 | 820,000 | 704,000 | 642,000 | 625,000 | 647,000 | 641,000 | 560,000 | 516,000 | 506,000 | 398,000 | 415,000 | 425,000 | 424,000 | 418,000 | 450,000 | 466,000 | 456,000 | 724,000 | 256,000 | 295,000 | 274,000 | 265,000 | 265,000 | 264,000 | 280,000 | 262,000 | 261,000 | 584,000 | 275,000 | 264,000 | 291,000 | 275,000 | 273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount (premium) | 67,000 | 65,000 | 55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of station | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issue discount and pik interest paid upon debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities of consolidated variable interest entities | 1,057,000 | 79,000 | 86,000 | 735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of station | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debts | 133,000 | 611,000 | 1,015,000 | 452,000 | 375,000 | 621,000 | 362,000 | 312,000 | 843,000 | 346,000 | 298,000 | 382,000 | 286,000 | 549,000 | 303,000 | -159,000 | 266,000 | 322,000 | 384,000 | 316,000 | 90,000 | 431,000 | 224,000 | 155,000 | 153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount | 36,000 | 43,000 | 56,000 | 344,000 | 332,000 | 325,000 | 327,000 | 337,000 | 352,000 | 338,000 | 343,000 | 716,000 | 2,505,000 | 2,475,000 | 2,273,000 | 199,000 | 173,000 | 172,000 | 67,000 | 3,571,000 | 3,569,000 | 3,380,000 | 3,378,000 | 3,199,000 | 3,197,000 | 3,027,000 | 3,026,000 | 2,865,000 | 2,865,000 | 2,712,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 492,000 | -152,000 | 257,000 | -146,000 | 92,000 | 617,000 | -142,000 | 576,000 | 50,000 | -239,000 | -479,000 | 2,152,000 | -3,359,000 | -648,000 | -252,000 | -1,245,000 | 1,710,000 | -858,000 | 697,000 | -421,000 | 531,000 | -210,000 | 214,000 | -2,089,000 | 2,332,000 | 97,000 | 635,000 | 304,000 | 454,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 47,000 | -14,000 | 20,000 | 1,224,000 | 899,000 | 0 | 479,000 | 43,000 | 0 | 455,000 | 44,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium paid for debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities of mission | 107,000 | -196,000 | 185,000 | 595,000 | 62,000 | 131,000 | -19,000 | 44,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits and payments for acquisitions | -8,552,000 | -66,210,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 98,875,000 | 70,000,000 | 33,000,000 | 31,500,000 | 6,000,000 | 19,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
station acquisition through issuance of class a common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debts and allowances | 449,000 | 474,000 | 397,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt and capital lease obligations | -32,890,000 | -10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash equivalents at beginning of period | 0 | 68,999,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash equivalents at end of period | 23,000,000 | 22,625,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation arrangements | 1,189,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance sheet data, as of december 31: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
working capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net intangible assets and goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statements of cash flows data, for the years ended december 31: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures, net of proceeds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
from asset sales | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payments for broadcast rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment-in-kind interest accrued to debt | 0 | 0 | 21,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pik interest paid upon debt extinguishment | 0 | -182,000 | -33,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment through trade | 58,000 | -19,000 | 153,000 | 140,000 | 195,000 | 95,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
entry into capital leases for property and equipment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
escrow payment on station acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 13,838,000 | 13,121,000 | 6,319,000 | 6,102,000 | 12,640,000 | 5,205,000 | 11,860,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 53,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from insurance on casualty loss | 64,000 | 0 | 282,000 | 177,000 | 270,000 | 24,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consideration paid for debt extinguishments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 347,000 | 65,000 | 7,903,000 | -94,000 | -18,567,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(premium) discount on debt extinguishment | -156,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | 18,000 | 9,000 | -3,000 | 5,000 | 314,000 | 4,000 | 40,000 | 60,000 | 362,000 | 141,000 | -14,000 | 45,000 | 72,000 | 22,000 | 25,000 | -4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset exchange | 0 | 0 | -30,000 | -1,660,000 | -697,000 | -487,000 | -2,742,000 | -850,000 | -427,000 | -500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pik interest paid upon debt repayment | -871,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and intangible assets | 33,858,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contract termination fee | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of broadcast properties and related transaction costs | -3,600,000 | 0 | 0 | 0 | -7,923,000 | 14,000 | 0 | 0 | -12,481,000 | -28,327,000 | 47,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt and revolver loan | -10,507,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consideration paid to bond holders for debt exchange | -17,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt finance cost | -618,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consideration paid for debt extinguishment | -50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt and revolver draws | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 3,685,000 | 7,486,000 | 6,909,000 | 13,056,000 | 9,596,000 | 12,708,000 | 3,116,000 | 13,616,000 | 6,537,000 | 13,565,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 0 | 446,000 | -30,000 | -2,000 | 0 | 0 | 134,000 | 44,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued debt finance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment-in-kind interest on debt | 178,000 | 380,000 | 1,129,000 | 1,087,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call premium to extinguish debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes receivable | 0 | 15,000 | -15,000 | 351,000 | -344,000 | 11,000 | 120,000 | 109,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment | -4,929,000 | -3,793,000 | -3,234,000 | -12,674,000 | -10,217,000 | -3,656,000 | -4,246,000 | -4,905,000 | -3,532,000 | -4,246,000 | -5,858,000 | -7,613,000 | -7,810,000 | -5,949,000 | -2,982,000 | -3,372,000 | -3,539,000 | -4,231,000 | -2,874,000 | -3,182,000 | -3,298,000 | -1,655,000 | -2,417,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares related to exercise of stock options | 0 | 0 | 27,000 | 11,000 | 97,000 | 0 | 47,000 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental schedule of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of equipment | -591,000 | 722,000 | 3,837,000 | -183,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
down payment on acquisition of station | -1,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -12,318,000 | -153,153,000 | -5,488,000 | -6,145,000 | -92,778,000 | -5,871,000 | -9,871,000 | -5,871,000 | -4,871,000 | -872,000 | -871,000 | -4,871,000 | -4,872,000 | -4,871,000 | -871,000 | -6,500,000 | -254,738,000 | -1,587,000 | -588,000 | -244,612,000 | -2,487,000 | -488,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolver draws | 36,000,000 | 50,000,000 | 0 | 0 | 0 | 1,000,000 | 21,500,000 | 0 | 9,000,000 | 33,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred debt finance costs | 312,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted loss per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance sheet data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow data: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financial data: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures, net of proceeds from asset sales | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contract termination fees | 7,167,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior subordinated pik notes in debt exchange | 142,321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of software | 0 | 4,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense including restricted stock award | 594,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contract termination | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from senior subordinated pik notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of software | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense, including restricted stock award | 647,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on property held for sale | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of accounting for derivative instruments | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call premium and interest paid in connection with repayments of senior subordinated notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from debt issuance | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of senior subordinated notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment acquired from asset exchange | 465,000 | 517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash refunded for income taxes | 4,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call premium and interest paid in connection with repayments of senior discount and senior subordinated notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated entity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of senior discount notes | 0 | 0 | 0 | -28,862,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid (refunded) for income taxes | 5,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call premium and interest paid in connection with repayment of senior subordinated notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
down payment on acquisition of stations | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock offering | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of note payable to related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of preferred membership interests and common units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of stock issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental schedule of non-cash financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred units to common units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent liabilities and deferred gain on sale of assets | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | 11,274,000 | 17,726,000 | -3,727,000 | 5,070,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for debt finance costs | -132,000 | -640,000 | -308,000 | -32,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off of debt financing costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non cash interest expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from termination of derivative instrument | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of redeemable preferred units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of redeemable common units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital contributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common shareholders, as reported | -16,714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deduct: total stock-based employee compensation expense determined under the fair value based method for all awards, net of related tax effect | -238,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma net loss | -16,952,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per common share, as reported | -590 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per common share, pro forma | -600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in taxes receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other noncurrent assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in amounts due to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in taxes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in interest payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in deferred revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other noncurrent liabilities and deferred gain on sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in due to midwest television, inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible subordinated promissory notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental schedule of non cash activities: |