XML 28 R21.htm IDEA: XBRL DOCUMENT
v3.25.2

Income Per Share | 6 Months Ended
--- | ---
Jun. 30, 2025
Earnings Per Share [Abstract] |
Income Per Share | Note 13: Income Per Share 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 |
During the three and six months ended June 30, 2025, weighted average restricted stock units of 112,000 and 75,000, respectively, were excluded from the calculation of diluted income per share because their effect would have been anti-dilutive. During the three and six months ended June 30, 2024, weighted average restricted stock units of 79,000 and 40,000, respectively, were excluded from the calculation of diluted income per share because their effect would have been anti-dilutive.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration