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v3.10.0.1

Debt - Additional Information (Details) - USD ($) |  | 12 Months Ended
--- | --- | ---
May 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017
Line Of Credit Facility [Line Items] |  |  |
Borrowings | $ 675,000,000 | $ 696,250,000 |
Cash payment to TEGNA | $ 650,000,000 |  | $ 650,000,000
Debt issuance costs |  | $ 4,100,000 |
Swap | Designated as Hedging Instrument | Cash Flow Hedging |  |  |
Line Of Credit Facility [Line Items] |  |  |
Fixed rate of interest |  | 2.96% |
Notional amount |  | $ 300,000,000 |
New York Fed Bank Rate |  |  |
Line Of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 0.50% |  |
Minimum | LIBOR |  |  |
Line Of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 1.25% |  |
Minimum | ABR |  |  |
Line Of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 0.25% |  |
Maximum | LIBOR |  |  |
Line Of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 2.00% |  |
Maximum | ABR |  |  |
Line Of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 1.00% |  |
Term Loan And Revolving Credit Facility |  |  |
Line Of Credit Facility [Line Items] |  |  |
Credit agreement maturity date | May 31, 2022 |  |
Line of credit facility description |  | the Credit Agreement is payable based on either (i) the London Interbank Offered Rate (“LIBOR”) or (ii) the Alternate Base Rate (“ABR”), as defined in the Credit Agreement, in either case plus an applicable margin and fees which, after the second full fiscal quarter following the closing date, is based upon its total net leverage ratio. The ABR is the greater of (a) the prime rate, (b) the New York Fed Bank Rate plus 50 basis points or (c) adjusted LIBOR, which is computed as the LIBOR Screen Rate at 11:00 AM on such day. The applicable margin varies between 1.25% to 2.0% for LIBOR borrowings and 0.25% to 1.0% for ABR borrowings, depending on the Company’s net leverage ratio. |
Revolving Credit Facility |  |  |
Line Of Credit Facility [Line Items] |  |  |
Aggregate principal amount | $ 450,000,000 |  |
Borrowings |  | $ 165,000,000 |
Outstanding borrowings |  | $ 280,000,000 |
Effective interest rate |  | 4.30% |
Repayment of loan |  | $ 60,000,000 |
Share repurchases funding through borrowings |  | 30,000,000 |
Additional amount permitted to borrow |  | $ 170,000,000 |
Net leverage ratio |  | 2.90% |
Letter Of Credit |  |  |
Line Of Credit Facility [Line Items] |  |  |
Aggregate principal amount | 25,000,000 |  |
Term Loan |  |  |
Line Of Credit Facility [Line Items] |  |  |
Aggregate principal amount | $ 450,000,000 |  |
Mode of payment |  | Quarterly |
Outstanding borrowings |  | $ 416,300,000 |
Effective interest rate |  | 4.10% |
Repayment of loan |  | $ 22,500,000 |

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- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28555-108399 + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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