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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 576,021 $ 32,968
Cash restricted for pending acquisition 1,050,000 0
Accounts receivable (less allowances — $3,443 and $3,346) 429,017 387,847
Programming 0 52,699
FCC repack receivable 12,363 29,651
Miscellaneous 26,784 39,486
Assets of discontinued operations 0 101,266
Total current assets 2,094,185 643,917
Investments 14,404 8,375
Property and equipment 343,920 370,378
Operating lease right-of-use assets 51,471 128,192
Goodwill 1,203,212 1,224,679
Other intangible assets 975,444 1,060,675
Programming (less current portion) 138,701 96,256
Deferred income taxes 0 12,306
Miscellaneous 38,049 17,079
Total Assets 4,859,386 3,561,857
Current liabilities:    
Accounts payable 68,139 28,441
Unearned revenue 14,101 10,704
Current portion of long-term debt 10,612 10,612
Accrued liabilities:    
Employee compensation and benefits 55,133 43,259
Programming liability 72,743 96,682
Accrued interest 16,514 15,352
Miscellaneous 85,588 41,694
Other current liabilities 35,626 42,561
Liabilities of discontinued operations   22,727
Total current liabilities 358,456 312,032
Long-term debt (less current portion) 2,923,359 1,904,418
Deferred income taxes 85,844 17,876
Operating lease liabilities 42,097 113,648
Other liabilities (less current portion) 286,365 315,948
Commitments and contingencies (Note 17)
Equity:    
Preferred stock, $0.01 par — authorized: 25,000,000 shares; none outstanding 0 0
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 2020 - 69,794,917 shares; 2019 - 69,027,524 shares. Voting - authorized: 60,000,000 shares; issued and outstanding; 2020 - 11,932,722 shares; 2019 - 11,932,722 shares 817 810
Additional paid-in capital 1,130,789 1,117,095
Retained earnings (accumulated deficit) 131,778 (120,981)
Accumulated other comprehensive loss, net of income taxes (100,119) (98,989)
Total equity 1,163,265 897,935
Total Liabilities and Equity 4,859,386 3,561,857
Common stock, Class A    
Equity:    
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 2020 - 69,794,917 shares; 2019 - 69,027,524 shares. Voting - authorized: 60,000,000 shares; issued and outstanding; 2020 - 11,932,722 shares; 2019 - 11,932,722 shares 698 691
Voting common stock    
Equity:    
Common stock, $.01 par: Class A - authorized: 240,000,000 shares; issued and outstanding; 2020 - 69,794,917 shares; 2019 - 69,027,524 shares. Voting - authorized: 60,000,000 shares; issued and outstanding; 2020 - 11,932,722 shares; 2019 - 11,932,722 shares $ 119 $ 119