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Note 2 - Acquisitions and Dispositions (Tables) | 12 Months Ended
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Dec. 31, 2016
Notes Tables |
Schedule of Noncash or Part Noncash Acquisitions [Table Text Block] |
|  |  |  |  |  |  |  |  |  | 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 |  |  | - |  |  |  | - |  |  |  | 574 |  |  |  | 574 |
Adjusted purchase price |  |  | - |  |  |  | 30,000 |  |  |  | 443,074 |  |  |  | 473,074 |
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 |  |  |  | 427,074 |  |  |  | 457,074 |
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 |  |  | $ | 427,074 |  |  | $ | 415,874 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Years Ended |
|  | December 31, |
|  | 2016 |  |  | 2015 |
Revenue (less agency commissions) |  | $ | 825,787 |  |  | $ | 701,550 |
Net income |  | $ | 57,795 |  |  | $ | 39,360 |
Basic net income per share |  | $ | 0.80 |  |  | $ | 0.58 |
Diluted net income per share |  | $ | 0.79 |  |  | $ | 0.57 |
|  | Years Ended |
|  | December 31, |
|  | 2015 |  |  | 2014 |
Revenue (less agency commissions) |  | $ | 621,530 |  |  | $ | 559,538 |
Net income |  | $ | 46,181 |  |  | $ | 59,342 |
Basic net income per share |  | $ | 0.68 |  |  | $ | 1.03 |
Diluted net income per share |  | $ | 0.67 |  |  | $ | 1.02 |
|  | Year Ended December 31, 2014 |
Revenue (less agency commissions) |  | $ | 565,251 |
Net income |  | $ | 50,771 |
Basic net income per share |  | $ | 0.88 |
Diluted net income per share |  | $ | 0.87 |
The 2014 Acquisitions [Member] |
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | Acquisition |
|  | Hoak |  |  | SJL |  |  | KEVN |  |  | KNDX |  |  | Parker |  |  | WQCW |  |  | Helena |
Cash |  | $ | - |  |  | $ | - |  |  | $ | 615 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Accounts receivable |  |  | 10,722 |  |  |  | 7,132 |  |  |  | 569 |  |  |  | - |  |  |  | 765 |  |  |  | - |  |  |  | 14 |
Other current assets |  |  | 509 |  |  |  | 1,946 |  |  |  | 96 |  |  |  | 39 |  |  |  | 964 |  |  |  | 45 |  |  |  | 49 |
Property and equipment |  |  | 45,382 |  |  |  | 23,508 |  |  |  | 3,888 |  |  |  | 2,576 |  |  |  | 722 |  |  |  | 991 |  |  |  | 1,230 |
Goodwill |  |  | 131,632 |  |  |  | 50,941 |  |  |  | 2,717 |  |  |  | 1,839 |  |  |  | 1,932 |  |  |  | 802 |  |  |  | 70 |
Broadcast licenses |  |  | 91,958 |  |  |  | 86,685 |  |  |  | 1,675 |  |  |  | 500 |  |  |  | - |  |  |  | 3,691 |  |  |  | 146 |
Other intangible assets |  |  | 35,386 |  |  |  | 10,091 |  |  |  | 1,786 |  |  |  | 2,584 |  |  |  | 3,163 |  |  |  | 15 |  |  |  | 431 |
Other non-current assets |  |  | - |  |  |  | 253 |  |  |  | 29 |  |  |  | 15 |  |  |  | 16 |  |  |  | - |  |  |  | - |
Current liabilities |  |  | (3,544 | ) |  |  | (4,936 | ) |  |  | (211 | ) |  |  | (36 | ) |  |  | (826 | ) |  |  | (45 | ) |  |  | (90 | )
Other long-term liabilities |  |  | - |  |  |  | (379 | ) |  |  | (38 | ) |  |  | (17 | ) |  |  | (5 | ) |  |  | - |  |  |  | - |
Deferred income tax liabilities |  |  | (12,188 | ) |  |  | (43,712 | ) |  |  | (2,341 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 299,857 |  |  | $ | 131,529 |  |  | $ | 8,785 |  |  | $ | 7,500 |  |  | $ | 6,731 |  |  | $ | 5,499 |  |  | $ | 1,850 |
The 2015 Acquisitions [Member] |
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | Acquisition |
|  | Cedar Rapids |  |  | Odessa |  |  | Twin Falls |  |  | Wausau |  |  | Presque Isle |  |  | Laredo |
Other current assets |  | $ | 503 |  |  | $ | 87 |  |  | $ | 93 |  |  | $ | 87 |  |  | $ | 45 |  |  | $ | 22 |
Property and equipment |  |  | 13,754 |  |  |  | 4,629 |  |  |  | 5,172 |  |  |  | 1,985 |  |  |  | 2,822 |  |  |  | 1,411 |
Goodwill |  |  | 25,006 |  |  |  | 3,719 |  |  |  | 2,587 |  |  |  | 11,616 |  |  |  | 245 |  |  |  | 5,154 |
Broadcast licenses |  |  | 55,676 |  |  |  | 22,253 |  |  |  | 6,333 |  |  |  | - |  |  |  | 6,150 |  |  |  | - |
Other intangible assets |  |  | 5,849 |  |  |  | 3,067 |  |  |  | 3,485 |  |  |  | 397 |  |  |  | 1,039 |  |  |  | 2,435 |
Other non-current assets |  |  | 13 |  |  |  | 13 |  |  |  | 32 |  |  |  | 87 |  |  |  | - |  |  |  | 13 |
Current liabilities |  |  | (792 | ) |  |  | (155 | ) |  |  | (170 | ) |  |  | (85 | ) |  |  | (51 | ) |  |  | (22 | )
Other long-term liabilities |  |  | (13 | ) |  |  | (13 | ) |  |  | (32 | ) |  |  | (87 | ) |  |  | - |  |  |  | (13 | )
Total |  | $ | 99,996 |  |  | $ | 33,600 |  |  | $ | 17,500 |  |  | $ | 14,000 |  |  | $ | 10,250 |  |  | $ | 9,000 |
The 2016 Acquisitions [Member] |
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Schurz |  |  |  |  |
|  |  |  |  |  |  |  |  |  | Acquisition |  |  |  |  |
|  |  |  |  |  |  |  |  |  | and the |  |  |  |  |
|  | Acquisition |  |  | Acquisition |  |  | Acquisition |  |  |  |  |
|  | of KYES-TV |  |  | of WBXX-TV |  |  | of WLUC-TV |  |  | Total |
Accounts receivable |  | $ | - |  |  | $ | - |  |  | $ | 19,226 |  |  | $ | 19,226 |
Other current assets |  |  | - |  |  |  | 429 |  |  |  | 4,606 |  |  |  | 5,035 |
Property and equipment |  |  | 176 |  |  |  | 1,633 |  |  |  | 97,814 |  |  |  | 99,623 |
Goodwill |  |  | 28 |  |  |  | 10,288 |  |  |  | 61,981 |  |  |  | 72,297 |
Broadcast licenses |  |  | 254 |  |  |  | 18,199 |  |  |  | 231,391 |  |  |  | 249,844 |
Other intangible assets |  |  | 42 |  |  |  | - |  |  |  | 19,523 |  |  |  | 19,565 |
Other non-current assets |  |  | - |  |  |  | 408 |  |  |  | 3,028 |  |  |  | 3,436 |
Current liabilities |  |  | - |  |  |  | (460 | ) |  |  | (8,903 | ) |  |  | (9,363 | )
Other long-term liabilities |  |  | - |  |  |  | (497 | ) |  |  | (1,592 | ) |  |  | (2,089 | )
Total |  | $ | 500 |  |  | $ | 30,000 |  |  | $ | 427,074 |  |  | $ | 457,574 |

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- 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
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