v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands |
12 Months Ended |
|
|
|
Operating Revenues |
|
|
|
|
|
|
Advertising |
|
$ 1,374,571
|
|
$ 1,303,220
|
|
$ 1,339,634
|
Retransmission revenue and carriage fees |
|
455,768
|
|
368,484
|
|
286,380
|
Other |
|
79,557
|
|
80,838
|
|
99,627
|
Television and Entertainment |
|
1,909,896
|
|
1,752,542
|
|
1,725,641
|
Other |
|
38,034
|
|
49,425
|
|
54,984
|
Total operating revenues |
[1] |
1,947,930
|
|
1,801,967
|
|
1,780,625
|
Operating Expenses |
|
|
|
|
|
|
Programming |
|
515,738
|
|
535,799
|
|
354,666
|
Direct operating expenses |
|
390,595
|
|
376,383
|
|
364,197
|
Selling, general and administrative |
|
592,220
|
|
543,065
|
|
519,131
|
Depreciation |
[2] |
58,825
|
|
64,554
|
|
62,443
|
Amortization |
[2] |
166,664
|
|
166,404
|
|
197,054
|
Impairments of goodwill and other intangible assets (Note 7) |
|
3,400
|
|
385,000
|
|
0
|
(Gain) loss on sales of real estate |
|
(213,086)
|
|
97
|
|
(21,690)
|
Total operating expenses |
|
1,514,356
|
|
2,071,302
|
|
1,475,801
|
Total operating profit (loss) |
[1],[3] |
433,574
|
|
(269,335)
|
|
304,824
|
Income on equity investments, net |
|
148,156
|
|
146,959
|
|
236,713
|
Interest and dividend income |
|
1,226
|
|
720
|
|
1,264
|
Interest expense |
|
(152,719)
|
|
(148,587)
|
|
(141,629)
|
Loss on extinguishment of debt |
|
0
|
|
(37,040)
|
|
0
|
Gain on investment transactions, net |
|
0
|
|
12,173
|
[4] |
371,785
|
Other non-operating gain (loss), net |
|
5,427
|
[4] |
7,228
|
[4] |
(4,804)
|
Reorganization items, net |
|
(1,422)
|
[5] |
(1,537)
|
[5] |
(7,268)
|
Income (Loss) from Continuing Operations Before Income Taxes |
|
434,242
|
|
(289,419)
|
|
760,885
|
Income tax expense |
|
347,202
|
|
25,918
|
|
284,266
|
Net Income (Loss) from Continuing Operations |
|
87,040
|
|
(315,337)
|
|
476,619
|
(Loss) Income from Discontinued Operations, net of taxes (Note 2) |
|
(72,794)
|
|
(4,581)
|
|
44
|
Net Income (Loss) |
|
$ 14,246
|
|
$ (319,918)
|
|
$ 476,663
|
Earnings Per Share [Abstract] |
|
|
|
|
|
|
Continuing Operations |
|
$ 0.96
|
|
$ (3.33)
|
|
$ 4.76
|
Discontinued Operations |
|
(0.80)
|
|
(0.05)
|
|
0.00
|
Net Earnings (Loss) Per Common Share |
|
0.16
|
|
(3.38)
|
|
4.76
|
Continuing Operations |
|
0.96
|
|
(3.33)
|
|
4.75
|
Discontinued Operations |
|
(0.80)
|
|
(0.05)
|
|
0.00
|
Net Earnings (Loss) Per Common Share |
|
0.16
|
|
(3.38)
|
|
4.75
|
Regular Cash Dividend |
|
|
|
|
|
|
Earnings Per Share [Abstract] |
|
|
|
|
|
|
Dividends declared (usd per share) |
|
1.0
|
|
0.75
|
|
0
|
Special Cash Dividend |
|
|
|
|
|
|
Earnings Per Share [Abstract] |
|
|
|
|
|
|
Dividends declared (usd per share) |
|
$ 0
|
|
$ 6.73
|
|
$ 0
|
|
|
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