v3.25.4

Property and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment [Abstract] |
Schedule of Property, Plant and Equipment | Property and equipment (including equipment under finance leases) consists of the following:
(In thousands) | December 31, |  | Estimated Useful Lives
2025 |  | 2024 |
Program, service and test equipment | $ | 323,527 |  |  | $ | 371,994 |  |  | 2 to 5 years
Satellite equipment | 46,885 |  |  | 43,340 |  |  | Term of lease
Furniture and fixtures | 11,101 |  |  | 11,639 |  |  | 3 to 8 years
Transmission equipment | 11,387 |  |  | 29,750 |  |  | 5 years
Leasehold improvements | 133,069 |  |  | 144,709 |  |  | Term of lease
Property and equipment | 525,969 |  |  | 601,432 |  |  |
Accumulated depreciation and amortization | (409,991) |  |  | (458,396) |  |  |
Property and equipment, net | $ | 115,978 |  |  | $ | 143,036 |  |  |
Schedule of Finance Leases | At December 31, 2025 and 2024, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:
(In thousands) | December 31,
2025 |  | 2024
Satellite equipment | $ | 46,885 |  |  | $ | 43,340 |
Less accumulated amortization | (34,407) |  |  | (31,645) |
| $ | 12,478 |  |  | $ | 11,695 |
The following table summarizes the lease costs included in the consolidated statements of income (loss):
|  |  | December 31,
(In thousands) | Income Statement Location |  | 2025 |  | 2024 |  | 2023
Operating lease costs | Selling, general and administrative expenses |  | $ | 22,808 |  |  | $ | 22,955 |  |  | $ | 26,681 |
Finance lease costs: |  |  |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 2,044 |  |  | 1,153 |  |  | 1,098 |
Interest on lease liabilities | Interest expense |  | 904 |  |  | 1,188 |  |  | 1,714 |
Short term lease costs | Selling, general and administrative expenses |  | 170 |  |  | 162 |  |  | 111 |
Variable lease costs | Selling, general and administrative expenses |  | 2,316 |  |  | 2,492 |  |  | 2,315 |
Total lease costs |  |  | $ | 28,242 |  |  | $ | 27,950 |  |  | $ | 31,919 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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