XML 41 R34.htm IDEA: XBRL DOCUMENT
v3.25.2

Income Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Earnings Per Share [Abstract] |
Summary of Income Per Share Basic and Diluted Available to Common Stockholders | Income per share (basic and diluted) available to common stockholders is presented below ($ in millions, except per share amounts, and shares in thousands):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net income attributable to Nexstar Media Group, Inc. |  | $ | 97 |  |  | $ | 118 |  |  | $ | 205 |  |  | $ | 293 |
Accretion of redeemable noncontrolling interests |  |  | (4 | ) |  |  | - |  |  |  | (8 | ) |  |  | - |
Net income available to common stockholders |  | $ | 93 |  |  | $ | 118 |  |  | $ | 197 |  |  | $ | 293 |
Weighted average shares outstanding – basic |  |  | 30,221 |  |  |  | 32,816 |  |  |  | 30,375 |  |  |  | 33,133 |
Dilutive effect of equity incentive plan instruments |  |  | 293 |  |  |  | 471 |  |  |  | 344 |  |  |  | 523 |
Weighted average shares outstanding – diluted |  |  | 30,514 |  |  |  | 33,287 |  |  |  | 30,719 |  |  |  | 33,656 |
Net income per share available to common stockholders – basic |  | $ | 3.09 |  |  | $ | 3.59 |  |  | $ | 6.50 |  |  | $ | 8.85 |
Net income per share available to common stockholders – diluted |  | $ | 3.06 |  |  | $ | 3.54 |  |  | $ | 6.43 |  |  | $ | 8.71 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration