Consolidated Balance Sheets - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 31,657
|
$ 7,271
|
| Restricted cash |
7,981
|
10,055
|
| Accounts receivable, less allowance for doubtful accounts of $4,923 and $6,004 in 2015 and 2014, respectively |
243,428
|
248,308
|
| Trade receivable |
4,146
|
2,455
|
| Assets held for sale |
45,157
|
15,007
|
| Prepaid expenses and other current assets |
26,906
|
87,730
|
| Total current assets |
359,275
|
370,826
|
| Property and equipment, net |
169,437
|
221,497
|
| Broadcast licenses |
1,578,066
|
1,596,715
|
| Other intangible assets, net |
174,530
|
243,640
|
| Goodwill |
703,354
|
1,253,823
|
| Other assets |
40,125
|
58,940
|
| Total assets |
3,024,787
|
3,745,441
|
| Current liabilities: |
|
|
| Accounts payable and accrued expenses |
118,396
|
151,658
|
| Trade payable |
4,374
|
3,964
|
| Total current liabilities |
122,770
|
155,622
|
| Long-term debt, excluding 7.75% senior notes and secured loan |
1,815,300
|
1,875,127
|
| 7.75% senior notes |
610,000
|
610,000
|
| Other liabilities |
44,804
|
55,121
|
| Deferred income taxes |
415,881
|
507,991
|
| Total liabilities |
$ 3,008,755
|
$ 3,203,861
|
| Commitments and Contingencies (Note 16) |
|
|
| Stockholders’ equity: |
|
|
| Treasury stock, at cost, 22,445,945 and 22,619,554 shares at 2015 and 2014, respectively |
$ (229,310)
|
$ (231,588)
|
| Additional paid-in-capital |
1,619,622
|
1,600,963
|
| Accumulated deficit |
(1,376,844)
|
(830,350)
|
| Total stockholders’ equity |
16,032
|
541,580
|
| Total liabilities and stockholders’ equity |
3,024,787
|
3,745,441
|
| Class A Common Stock |
|
|
| Stockholders’ equity: |
|
|
| Common stock |
2,558
|
2,549
|
| Class C Common Stock |
|
|
| Stockholders’ equity: |
|
|
| Common stock |
$ 6
|
$ 6
|