XML 53 R42.htm IDEA: XBRL DOCUMENT v3.19.1
Acquisitions (Details)
 3 Months Ended
May 01, 2019
USD ($)
television_station
Mar. 20, 2019
USD ($)
television_station
Jan. 01, 2019
USD ($)
Nov. 30, 2018
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Business Acquisition [Line Items]            
Other current assets         $ 30,687,000 $ 28,899,000
Property and equipment         254,935,000 237,927,000
Right-of-use assets     $ 46,600,000   43,608,000 0
Operating lease liabilities         (37,294,000) 0
Goodwill         852,362,000 834,013,000
Accounts payable         (32,230,000) (26,919,000)
Accrued expenses         (42,913,000) (46,112,000)
Other current liabilities         (29,081,000) (25,339,000)
Deferred tax liability         (22,061,000) (25,531,000)
Raycom Media, Inc.            
Business Acquisition [Line Items]            
Business acquisition, purchase price     55,000,000      
Revenue of acquiree since acquisition date         5,600,000  
Property and equipment     11,721,000      
Right-of-use assets     296,000      
Other intangible assets     24,900,000      
Operating lease liabilities     (296,000)      
Goodwill     18,349,000      
Net purchase price     54,970,000      
Triton Digital Canada, Inc.            
Business Acquisition [Line Items]            
Business acquisition, purchase price       $ 160,000,000    
Cash       10,515,000    
Accounts receivable       8,879,000    
Other current assets       679,000    
Property and equipment       705,000    
Other intangible assets       75,000,000    
Goodwill       83,876,000    
Accounts payable       (1,881,000)    
Accrued expenses       (2,964,000)    
Other current liabilities       (19,000)    
Deferred tax liability       (14,577,000)    
Net purchase price       $ 160,213,000    
Cordillera Communications, LLC | Subsequent Event            
Business Acquisition [Line Items]            
Business acquisition, purchase price $ 521,000,000          
Number of businesses acquired | television_station 15          
Nexstar Media Group, Inc.            
Business Acquisition [Line Items]            
Business acquisition, purchase price   $ 580,000,000        
Number of businesses acquired | television_station   8        
Retransmission Agreements, Television Network Affiliate Relationships, Advertiser Relationships | Raycom Media, Inc.            
Business Acquisition [Line Items]            
Other intangible assets     $ 18,100,000      
Retransmission Agreements, Television Network Affiliate Relationships, Advertiser Relationships | Raycom Media, Inc. | Minimum            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period     5 years      
Retransmission Agreements, Television Network Affiliate Relationships, Advertiser Relationships | Raycom Media, Inc. | Maximum            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period     20 years      
Trade Names | Triton Digital Canada, Inc.            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period       10 years    
Other intangible assets       $ 5,000,000    
Developed Technology Rights | Triton Digital Canada, Inc.            
Business Acquisition [Line Items]            
Other intangible assets       $ 39,000,000    
Developed Technology Rights | Triton Digital Canada, Inc. | Minimum            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period       8 years    
Developed Technology Rights | Triton Digital Canada, Inc. | Maximum            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period       12 years    
Customer Relationships | Triton Digital Canada, Inc.            
Business Acquisition [Line Items]            
Intangible asset, estimated amortization period       12 years    
Other intangible assets       $ 31,000,000    
Licensing Agreements            
Business Acquisition [Line Items]            
Indefinite-lived intangible assets - FCC licenses         $ 164,015,000 $ 157,215,000
Licensing Agreements | Raycom Media, Inc.            
Business Acquisition [Line Items]            
Indefinite-lived intangible assets - FCC licenses     $ 6,800,000      
Term Loan B, Maturing 2026 | Subsequent Event            
Business Acquisition [Line Items]            
Annual payments of principal $ 7,700,000.0          
Term Loan B, Maturing 2026 | Cordillera Communications, LLC | Subsequent Event            
Business Acquisition [Line Items]            
Debt face value 765,000,000          
Term Loan B, Maturing 2026 | Nexstar Media Group, Inc. | Subsequent Event            
Business Acquisition [Line Items]            
Proceeds from issuance of debt $ 240,000,000          
LIBOR | Term Loan B, Maturing 2026 | Subsequent Event            
Business Acquisition [Line Items]            
LIBOR plus margin range 2.75%          
Revolving credit facility | Nexstar Media Group, Inc.            
Business Acquisition [Line Items]            
Revolving credit facility   $ 210,000,000