XML 29 R18.htm IDEA: XBRL DOCUMENT v3.4.0.3

Note 2 - Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Noncash or Part Noncash Acquisitions [Table Text Block]

										The Schurz
										Acquisition
										and the
		Divestiture				Acquisition				Acquisition
		of KAKE-TV				of WBXX-TV				of WLUC-TV				Total
Base purchase price		$	-			$	30,000			$	442,500			$	472,500
Purchase price adjustment			-				-				948				948
Adjusted purchase price			-				30,000				443,448				473,448
Cash consideration received from sale of Schurz Radio Stations			-				-				(16,000	)			(16,000	)
Net adjusted purchase price allocated to assets acquired and liabilities assumed			-				30,000				427,448				457,448
Non-cash consideration received			(30,000	)			-				-				(30,000	)
Cash consideration received			(11,200	)			-				-				(11,200	)
Net consideration - the Schurz Acquisition and Related Transactions		$	(41,200	)		$	30,000			$	427,448			$	416,248

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

						The Schurz
						Acquisition
						and the
		Acquisition				Acquisition
		of WBXX-TV				of WLUC-TV				Total
Accounts receivable		$	-			$	19,317			$	19,317
Other current assets			442				3,030				3,472
Property and equipment			1,633				97,804				99,437
Goodwill			10,269				61,371				71,640
Broadcast licenses			18,199				231,391				249,590
Other intangible assets			-				19,738				19,738
Other non-current assets			408				3,430				3,838
Current liabilities			(454	)			(8,202	)			(8,656	)
Other long-term liabilities			(497	)			(431	)			(928	)
Total		$	30,000			$	427,448			$	457,448

Business Acquisition, Pro Forma Information [Table Text Block]

		Three Months Ended
		March 31,
		2016				2015
Revenue (less agency commissions)		$	187,070			$	157,468
Net income		$	4,576			$	7,193
Basic net income per share		$	0.06			$	0.12
Diluted net income per share		$	0.06			$	0.12

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)-(3)
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of acquisition of assets or a business through noncash (or part noncash) transactions. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Disclosure may include the equity interest acquired, value of assets acquired, value of liabilities acquired, net monetary assets acquired, number of shares, warrants or options issued as consideration for a business or asset acquired and other information necessary to a fair presentation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586

+ Details

Name:	us-gaap_ScheduleOfNoncashOrPartNoncashAcquisitionsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration