| PART I. Item 1. Financial Statements CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS Belo Corp. and Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| CONSOLIDATED CONDENSED BALANCE SHEETS Belo Corp. and Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| At June 30, 2010, the fair value of Belos 6 3 / 4 % Senior Notes due May 30, 2013, 8% Senior Notes due November 15, 2016, 7 3 / 4 % Senior Debentures due June 1, 2027, and 7 1 / 4 % Senior Debentures due September 15, 2027, was estimated to be $177,244, $283,745, $162,400, and $210,600, respectively. The fair value is estimated using quoted market prices and yields obtained through independent pricing sources, taking into consideration the underlying terms of the debt, such as the coupon rate and term to maturity (Level 1 inputs). The Company believes the credit facility, as recorded, approximates fair value as the interest rates are variable based on current market rates. | ||||
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| (7) In November 2009, the Company issued Senior Notes that are fully and unconditionally guaranteed by each of the Companys 100%-owned subsidiaries as of the date of issuance. Accordingly, the following condensed consolidating financial statements present the consolidated balance sheets, consolidated statements of operations and consolidated statements of cash flows of Belo as parent, the guarantor subsidiaries consisting of Belos current 100%-owned subsidiaries, and eliminations necessary to arrive at the Companys information on a consolidated basis. These statements are presented in accordance with the disclosure requirements under Securities and Exchange Commission Regulation S-X, Rule 3-10. Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2010 (in thousands)(unaudited) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
Row 4
[0..0) [0..0] (stub): 'Net Operating Revenues'
[2..2) [0..1] (stub): '$'
[6..7] [2..2] ( num): '$162,982'
Attributes: num=>982 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$162,982'
Attributes: num=>982 [3..3]
Row 5
Row 6
[0..0) [0..0] (stub): 'Operating Costs and Expenses'
Row 7
[0..0) [0..0] (stub): 'Station salaries, wages and employee benefits'
(7..7] [2..2] ( num): '51,911'
Attributes: num=>51 [2..2] num=>911 [2..2]
(15..15] [3..3] ( num): '51,911'
Attributes: num=>51 [3..3] num=>911 [3..3]
Row 8
[0..0) [0..0] (stub): 'Station programming and other operating costs'
(7..7] [2..2] ( num): '47,015'
Attributes: num=>47 [2..2] num=>015 [2..2]
(15..15] [3..3] ( num): '47,015'
Attributes: num=>47 [3..3] num=>015 [3..3]
Row 9
[0..0) [0..0] (stub): 'Corporate operating costs'
(3..3] [1..1] ( num): '6,700'
Attributes: num=>6 [1..1] num=>700 [1..1]
(7..7] [2..2] ( num): '1,155'
Attributes: num=>1 [2..2] num=>155 [2..2]
(15..15] [3..3] ( num): '7,855'
Attributes: num=>7 [3..3] num=>855 [3..3]
Row 10
[0..0) [0..0] (stub): 'Pension contribution reimbursement'
(3..4) [1..1] ( num): '(4,200)'
(15..16) [3..3] ( num): '(4,200)'
Row 11
[0..0) [0..0] (stub): 'Depreciation'
(3..3] [1..1] ( num): '460'
Attributes: num=>460 [1..1]
(7..7] [2..2] ( num): '8,310'
Attributes: num=>8 [2..2] num=>310 [2..2]
(15..15] [3..3] ( num): '8,770'
Attributes: num=>8 [3..3] num=>770 [3..3]
Row 12
Row 13
[0..0) [0..0] (stub): 'Total operating costs and expenses'
(3..3] [1..1] ( num): '2,960'
Attributes: num=>2 [1..1] num=>960 [1..1]
(7..7] [2..2] ( num): '108,391'
Attributes: num=>108 [2..2] num=>391 [2..2]
(15..15] [3..3] ( num): '111,351'
Attributes: num=>111 [3..3] num=>351 [3..3]
Row 14
Row 15
Row 16
[0..0) [0..0] (stub): 'Earnings (loss) from operations'
(3..4) [1..1] ( num): '(2,960)'
(7..7] [2..2] ( num): '54,591'
Attributes: num=>54 [2..2] num=>591 [2..2]
(15..15] [3..3] ( num): '51,631'
Attributes: num=>51 [3..3] num=>631 [3..3]
Row 17
Row 18
[0..0) [0..0] (stub): 'Other Income and (Expense)'
Row 19
[0..0) [0..0] (stub): 'Interest expense'
(3..4) [1..1] ( num): '(19,785)'
(7..8) [2..2] ( num): '(30)'
(15..16) [3..3] ( num): '(19,815)'
Row 20
[0..0) [0..0] (stub): 'Intercompany interest'
(3..3] [1..1] ( num): '1,703'
Attributes: num=>1 [1..1] num=>703 [1..1]
(7..8) [2..2] ( num): '(1,703)'
Row 21
[0..0) [0..0] (stub): 'Other income (expense), net'
(3..4) [1..1] ( num): '(47)'
(7..7] [2..2] ( num): '422'
Attributes: num=>422 [2..2]
(15..15] [3..3] ( num): '375'
Attributes: num=>375 [3..3]
Row 22
Row 23
[0..0) [0..0] (stub): 'Total other income and (expense)'
(3..4) [1..1] ( num): '(18,129)'
(7..8) [2..2] ( num): '(1,311)'
(15..16) [3..3] ( num): '(19,440)'
Row 24
Row 25
[0..0) [0..0] (stub): 'Earnings (loss) before income taxes'
(3..4) [1..1] ( num): '(21,089)'
(7..7] [2..2] ( num): '53,280'
Attributes: num=>53 [2..2] num=>280 [2..2]
(15..15] [3..3] ( num): '32,191'
Attributes: num=>32 [3..3] num=>191 [3..3]
Row 26
Row 27
[0..0) [0..0] (stub): 'Income tax benefit (expense)'
(3..3] [1..1] ( num): '16,185'
Attributes: num=>16 [1..1] num=>185 [1..1]
(7..8) [2..2] ( num): '(28,851)'
(15..16) [3..3] ( num): '(12,666)'
Row 28
[0..0) [0..0] (stub): 'Equity in earnings (loss) of subsidiaries'
(3..3] [1..1] ( num): '24,429'
Attributes: num=>24 [1..1] num=>429 [1..1]
(11..12) [2..3] ( num): '(24,429)'
Row 29
Row 30
Row 31
[0..0) [0..0] (stub): 'Net earnings (loss)'
[2..3] [1..1] ( num): '$19,525'
Attributes: num=>525 [1..1]
[6..7] [2..2] ( num): '$24,429'
Attributes: num=>429 [2..2]
[10..12) [2..3] ( num): '$(24,429)'
[14..15] [3..3] ( num): '$19,525'
Attributes: num=>525 [3..3]
Row 32
Prototype ranges:
2 rows: 4 32
[0..0) (stub): ''
[2..2) (stub): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
2 rows: 8 7
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
10 rows: 9 27 25 23 21 20 19 16 13 11
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Row 10
[0..0) (stub): ''
(3..4) ( num): ''
(15..16) ( num): ''
Row 28
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 31
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
10 rows: 9 27 25 23 21 20 19 16 13 11
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Table attributes: balancesheet,revenues,date,incomestatement,cash
| Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2009 (in thousands)(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
Row 4
[0..0) [0..0] (stub): 'Net Operating Revenues'
[2..2) [0..1] (stub): '$'
[6..7] [2..2] ( num): '$144,770'
Attributes: num=>770 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$144,770'
Attributes: num=>770 [3..3]
Row 5
Row 6
[0..0) [0..0] (stub): 'Operating Costs and Expenses'
Row 7
[0..0) [0..0] (stub): 'Station salaries, wages and employee benefits'
(7..7] [2..2] ( num): '45,536'
Attributes: num=>45 [2..2] num=>536 [2..2]
(15..15] [3..3] ( num): '45,536'
Attributes: num=>45 [3..3] num=>536 [3..3]
Row 8
[0..0) [0..0] (stub): 'Station programming and other operating costs'
(7..7] [2..2] ( num): '49,219'
Attributes: num=>49 [2..2] num=>219 [2..2]
(15..15] [3..3] ( num): '49,219'
Attributes: num=>49 [3..3] num=>219 [3..3]
Row 9
[0..0) [0..0] (stub): 'Corporate operating costs'
(3..3] [1..1] ( num): '4,907'
Attributes: num=>4 [1..1] num=>907 [1..1]
(7..7] [2..2] ( num): '292'
Attributes: num=>292 [2..2]
(15..15] [3..3] ( num): '5,199'
Attributes: num=>5 [3..3] num=>199 [3..3]
Row 10
[0..0) [0..0] (stub): 'Depreciation'
(3..3] [1..1] ( num): '784'
Attributes: num=>784 [1..1]
(7..7] [2..2] ( num): '9,183'
Attributes: num=>9 [2..2] num=>183 [2..2]
(15..15] [3..3] ( num): '9,967'
Attributes: num=>9 [3..3] num=>967 [3..3]
Row 11
Row 12
[0..0) [0..0] (stub): 'Total operating costs and expenses'
(3..3] [1..1] ( num): '5,691'
Attributes: num=>5 [1..1] num=>691 [1..1]
(7..7] [2..2] ( num): '104,230'
Attributes: num=>104 [2..2] num=>230 [2..2]
(15..15] [3..3] ( num): '109,921'
Attributes: num=>109 [3..3] num=>921 [3..3]
Row 13
Row 14
Row 15
[0..0) [0..0] (stub): 'Earnings (loss) from operations'
(3..4) [1..1] ( num): '(5,691)'
(7..7] [2..2] ( num): '40,540'
Attributes: num=>40 [2..2] num=>540 [2..2]
(15..15] [3..3] ( num): '34,849'
Attributes: num=>34 [3..3] num=>849 [3..3]
Row 16
Row 17
[0..0) [0..0] (stub): 'Other Income and (Expense)'
Row 18
[0..0) [0..0] (stub): 'Interest expense'
(3..4) [1..1] ( num): '(15,296)'
(7..8) [2..2] ( num): '(36)'
(15..16) [3..3] ( num): '(15,332)'
Row 19
[0..0) [0..0] (stub): 'Intercompany interest'
(3..3] [1..1] ( num): '1,704'
Attributes: num=>1 [1..1] num=>704 [1..1]
(7..8) [2..2] ( num): '(1,704)'
Row 20
[0..0) [0..0] (stub): 'Other expense, net'
(3..4) [1..1] ( num): '(685)'
(7..8) [2..2] ( num): '(2,120)'
(15..16) [3..3] ( num): '(2,805)'
Row 21
Row 22
[0..0) [0..0] (stub): 'Total other income and (expense)'
(3..4) [1..1] ( num): '(14,277)'
(7..8) [2..2] ( num): '(3,860)'
(15..16) [3..3] ( num): '(18,137)'
Row 23
Row 24
[0..0) [0..0] (stub): 'Earnings (loss) before income taxes'
(3..4) [1..1] ( num): '(19,968)'
(7..7] [2..2] ( num): '36,680'
Attributes: num=>36 [2..2] num=>680 [2..2]
(15..15] [3..3] ( num): '16,712'
Attributes: num=>16 [3..3] num=>712 [3..3]
Row 25
Row 26
[0..0) [0..0] (stub): 'Income tax benefit (expense)'
(3..3] [1..1] ( num): '8,336'
Attributes: num=>8 [1..1] num=>336 [1..1]
(7..8) [2..2] ( num): '(14,753)'
(15..16) [3..3] ( num): '(6,417)'
Row 27
[0..0) [0..0] (stub): 'Equity in earnings (loss) of subsidiaries'
(3..3] [1..1] ( num): '21,927'
Attributes: num=>21 [1..1] num=>927 [1..1]
(11..12) [2..3] ( num): '(21,927)'
Row 28
Row 29
Row 30
[0..0) [0..0] (stub): 'Net earnings (loss)'
[2..3] [1..1] ( num): '$10,295'
Attributes: num=>295 [1..1]
[6..7] [2..2] ( num): '$21,927'
Attributes: num=>927 [2..2]
[10..12) [2..3] ( num): '$(21,927)'
[14..15] [3..3] ( num): '$10,295'
Attributes: num=>295 [3..3]
Row 31
Prototype ranges:
2 rows: 4 31
[0..0) (stub): ''
[2..2) (stub): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
2 rows: 8 7
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
10 rows: 26 24 22 20 19 18 15 12 10 9
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Row 27
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 30
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
10 rows: 26 24 22 20 19 18 15 12 10 9
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Table attributes: revenues,date,incomestatement
| Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2010 (in thousands)(unaudited) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
Row 4
[0..0) [0..0] (stub): 'Net Operating Revenues'
[2..2) [0..1] (stub): '$'
[6..7] [2..2] ( num): '$317,314'
Attributes: num=>314 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$317,314'
Attributes: num=>314 [3..3]
Row 5
Row 6
[0..0) [0..0] (stub): 'Operating Costs and Expenses'
Row 7
[0..0) [0..0] (stub): 'Station salaries, wages and employee benefits'
(7..7] [2..2] ( num): '103,135'
Attributes: num=>103 [2..2] num=>135 [2..2]
(15..15] [3..3] ( num): '103,135'
Attributes: num=>103 [3..3] num=>135 [3..3]
Row 8
[0..0) [0..0] (stub): 'Station programming and other operating costs'
(7..7] [2..2] ( num): '92,646'
Attributes: num=>92 [2..2] num=>646 [2..2]
(15..15] [3..3] ( num): '92,646'
Attributes: num=>92 [3..3] num=>646 [3..3]
Row 9
[0..0) [0..0] (stub): 'Corporate operating costs'
(3..3] [1..1] ( num): '15,484'
Attributes: num=>15 [1..1] num=>484 [1..1]
(7..7] [2..2] ( num): '1,980'
Attributes: num=>1 [2..2] num=>980 [2..2]
(15..15] [3..3] ( num): '17,464'
Attributes: num=>17 [3..3] num=>464 [3..3]
Row 10
[0..0) [0..0] (stub): 'Pension contribution reimbursement'
(3..4) [1..1] ( num): '(8,272)'
(15..16) [3..3] ( num): '(8,272)'
Row 11
[0..0) [0..0] (stub): 'Depreciation'
(3..3] [1..1] ( num): '1,071'
Attributes: num=>1 [1..1] num=>071 [1..1]
(7..7] [2..2] ( num): '16,942'
Attributes: num=>16 [2..2] num=>942 [2..2]
(15..15] [3..3] ( num): '18,013'
Attributes: num=>18 [3..3] num=>013 [3..3]
Row 12
Row 13
[0..0) [0..0] (stub): 'Total operating costs and expenses'
(3..3] [1..1] ( num): '8,283'
Attributes: num=>8 [1..1] num=>283 [1..1]
(7..7] [2..2] ( num): '214,703'
Attributes: num=>214 [2..2] num=>703 [2..2]
(15..15] [3..3] ( num): '222,986'
Attributes: num=>222 [3..3] num=>986 [3..3]
Row 14
Row 15
Row 16
[0..0) [0..0] (stub): 'Earnings (loss) from operations'
(3..4) [1..1] ( num): '(8,283)'
(7..7] [2..2] ( num): '102,611'
Attributes: num=>102 [2..2] num=>611 [2..2]
(15..15] [3..3] ( num): '94,328'
Attributes: num=>94 [3..3] num=>328 [3..3]
Row 17
Row 18
[0..0) [0..0] (stub): 'Other Income and (Expense)'
Row 19
[0..0) [0..0] (stub): 'Interest expense'
(3..4) [1..1] ( num): '(39,640)'
(7..8) [2..2] ( num): '(63)'
(15..16) [3..3] ( num): '(39,703)'
Row 20
[0..0) [0..0] (stub): 'Intercompany interest'
(3..3] [1..1] ( num): '3,406'
Attributes: num=>3 [1..1] num=>406 [1..1]
(7..8) [2..2] ( num): '(3,406)'
Row 21
[0..0) [0..0] (stub): 'Other income (expense), net'
(3..4) [1..1] ( num): '(214)'
(7..7] [2..2] ( num): '322'
Attributes: num=>322 [2..2]
(15..15] [3..3] ( num): '108'
Attributes: num=>108 [3..3]
Row 22
Row 23
[0..0) [0..0] (stub): 'Total other income and (expense)'
(3..4) [1..1] ( num): '(36,448)'
(7..8) [2..2] ( num): '(3,147)'
(15..16) [3..3] ( num): '(39,595)'
Row 24
Row 25
[0..0) [0..0] (stub): 'Earnings (loss) before income taxes'
(3..4) [1..1] ( num): '(44,731)'
(7..7] [2..2] ( num): '99,464'
Attributes: num=>99 [2..2] num=>464 [2..2]
(15..15] [3..3] ( num): '54,733'
Attributes: num=>54 [3..3] num=>733 [3..3]
Row 26
Row 27
[0..0) [0..0] (stub): 'Income tax benefit (expense)'
(3..3] [1..1] ( num): '26,305'
Attributes: num=>26 [1..1] num=>305 [1..1]
(7..8) [2..2] ( num): '(47,971)'
(15..16) [3..3] ( num): '(21,666)'
Row 28
[0..0) [0..0] (stub): 'Equity in earnings (loss) of subsidiaries'
(3..3] [1..1] ( num): '51,493'
Attributes: num=>51 [1..1] num=>493 [1..1]
(11..12) [2..3] ( num): '(51,493)'
Row 29
Row 30
Row 31
[0..0) [0..0] (stub): 'Net earnings (loss)'
[2..3] [1..1] ( num): '$33,067'
Attributes: num=>067 [1..1]
[6..7] [2..2] ( num): '$51,493'
Attributes: num=>493 [2..2]
[10..12) [2..3] ( num): '$(51,493)'
[14..15] [3..3] ( num): '$33,067'
Attributes: num=>067 [3..3]
Row 32
Prototype ranges:
2 rows: 4 32
[0..0) (stub): ''
[2..2) (stub): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
2 rows: 8 7
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
10 rows: 9 27 25 23 21 20 19 16 13 11
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Row 10
[0..0) (stub): ''
(3..4) ( num): ''
(15..16) ( num): ''
Row 28
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 31
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
10 rows: 9 27 25 23 21 20 19 16 13 11
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Table attributes: revenues,date,incomestatement
| Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2009 (in thousands)(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
Row 4
[0..0) [0..0] (stub): 'Net Operating Revenues'
[2..2) [0..1] (stub): '$'
[6..7] [2..2] ( num): '$278,306'
Attributes: num=>306 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$278,306'
Attributes: num=>306 [3..3]
Row 5
Row 6
[0..0) [0..0] (stub): 'Operating Costs and Expenses'
Row 7
[0..0) [0..0] (stub): 'Station salaries, wages and employee benefits'
(7..7] [2..2] ( num): '98,209'
Attributes: num=>98 [2..2] num=>209 [2..2]
(15..15] [3..3] ( num): '98,209'
Attributes: num=>98 [3..3] num=>209 [3..3]
Row 8
[0..0) [0..0] (stub): 'Station programming and other operating costs'
(7..7] [2..2] ( num): '97,584'
Attributes: num=>97 [2..2] num=>584 [2..2]
(15..15] [3..3] ( num): '97,584'
Attributes: num=>97 [3..3] num=>584 [3..3]
Row 9
[0..0) [0..0] (stub): 'Corporate operating costs'
(3..3] [1..1] ( num): '13,158'
Attributes: num=>13 [1..1] num=>158 [1..1]
(7..7] [2..2] ( num): '990'
Attributes: num=>990 [2..2]
(15..15] [3..3] ( num): '14,148'
Attributes: num=>14 [3..3] num=>148 [3..3]
Row 10
[0..0) [0..0] (stub): 'Depreciation'
(3..3] [1..1] ( num): '2,126'
Attributes: num=>2 [1..1] num=>126 [1..1]
(7..7] [2..2] ( num): '18,633'
Attributes: num=>18 [2..2] num=>633 [2..2]
(15..15] [3..3] ( num): '20,759'
Attributes: num=>20 [3..3] num=>759 [3..3]
Row 11
Row 12
[0..0) [0..0] (stub): 'Total operating costs and expenses'
(3..3] [1..1] ( num): '15,284'
Attributes: num=>15 [1..1] num=>284 [1..1]
(7..7] [2..2] ( num): '215,416'
Attributes: num=>215 [2..2] num=>416 [2..2]
(15..15] [3..3] ( num): '230,700'
Attributes: num=>230 [3..3] num=>700 [3..3]
Row 13
Row 14
Row 15
[0..0) [0..0] (stub): 'Earnings (loss) from operations'
(3..4) [1..1] ( num): '(15,284)'
(7..7] [2..2] ( num): '62,890'
Attributes: num=>62 [2..2] num=>890 [2..2]
(15..15] [3..3] ( num): '47,606'
Attributes: num=>47 [3..3] num=>606 [3..3]
Row 16
Row 17
[0..0) [0..0] (stub): 'Other Income and (Expense)'
Row 18
[0..0) [0..0] (stub): 'Interest expense'
(3..4) [1..1] ( num): '(29,836)'
(7..8) [2..2] ( num): '(76)'
(15..16) [3..3] ( num): '(29,912)'
Row 19
[0..0) [0..0] (stub): 'Intercompany interest'
(3..3] [1..1] ( num): '3,407'
Attributes: num=>3 [1..1] num=>407 [1..1]
(7..8) [2..2] ( num): '(3,407)'
Row 20
[0..0) [0..0] (stub): 'Other income (expense), net'
(3..3] [1..1] ( num): '13,957'
Attributes: num=>13 [1..1] num=>957 [1..1]
(7..8) [2..2] ( num): '(393)'
(15..15] [3..3] ( num): '13,564'
Attributes: num=>13 [3..3] num=>564 [3..3]
Row 21
Row 22
[0..0) [0..0] (stub): 'Total other income and (expense)'
(3..4) [1..1] ( num): '(12,472)'
(7..8) [2..2] ( num): '(3,876)'
(15..16) [3..3] ( num): '(16,348)'
Row 23
Row 24
[0..0) [0..0] (stub): 'Earnings (loss) before income taxes'
(3..4) [1..1] ( num): '(27,756)'
(7..7] [2..2] ( num): '59,014'
Attributes: num=>59 [2..2] num=>014 [2..2]
(15..15] [3..3] ( num): '31,258'
Attributes: num=>31 [3..3] num=>258 [3..3]
Row 25
Row 26
[0..0) [0..0] (stub): 'Income tax benefit (expense)'
(3..3] [1..1] ( num): '12,014'
Attributes: num=>12 [1..1] num=>014 [1..1]
(7..8) [2..2] ( num): '(24,066)'
(15..16) [3..3] ( num): '(12,052)'
Row 27
[0..0) [0..0] (stub): 'Equity in earnings (loss) of subsidiaries'
(3..3] [1..1] ( num): '34,948'
Attributes: num=>34 [1..1] num=>948 [1..1]
(11..12) [2..3] ( num): '(34,948)'
Row 28
Row 29
Row 30
[0..0) [0..0] (stub): 'Net earnings (loss)'
[2..3] [1..1] ( num): '$19,206'
Attributes: num=>206 [1..1]
[6..7] [2..2] ( num): '$34,948'
Attributes: num=>948 [2..2]
[10..12) [2..3] ( num): '$(34,948)'
[14..15] [3..3] ( num): '$19,206'
Attributes: num=>206 [3..3]
Row 31
Prototype ranges:
2 rows: 4 31
[0..0) (stub): ''
[2..2) (stub): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
2 rows: 8 7
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
10 rows: 26 24 22 20 19 18 15 12 10 9
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Row 27
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 30
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
10 rows: 26 24 22 20 19 18 15 12 10 9
[0..0) [0..0] (stub): ''
(3..4) [1..1] ( num): ''
(7..8) [2..2] ( num): ''
(15..16) [3..3] ( num): ''
Table attributes: revenues,date,incomestatement
| Condensed Consolidating Balance Sheet As of June 30, 2010 (in thousands)(unaudited) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
[0..0) [0..0] (stub): 'Assets'
Row 4
Row 5
[0..0) [0..0] (stub): 'Current assets:'
Row 6
[0..0) [0..0] (stub): 'Cash and temporary cash investments'
[2..3] [1..1] ( num): '$5,347'
Attributes: num=>347 [1..1]
[6..7] [2..2] ( num): '$1,536'
Attributes: num=>536 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$6,883'
Attributes: num=>883 [3..3]
Row 7
[0..0) [0..0] (stub): 'Accounts receivable, net'
(3..3] [1..1] ( num): '154'
Attributes: num=>154 [1..1]
(7..7] [2..2] ( num): '136,132'
Attributes: num=>136 [2..2] num=>132 [2..2]
(15..15] [3..3] ( num): '136,286'
Attributes: num=>136 [3..3] num=>286 [3..3]
Row 8
[0..0) [0..0] (stub): 'Other current assets'
(3..3] [1..1] ( num): '8,949'
Attributes: num=>8 [1..1] num=>949 [1..1]
(7..7] [2..2] ( num): '19,027'
Attributes: num=>19 [2..2] num=>027 [2..2]
(15..15] [3..3] ( num): '27,976'
Attributes: num=>27 [3..3] num=>976 [3..3]
Row 9
Row 10
[0..0) [0..0] (stub): 'Total current assets'
(3..3] [1..1] ( num): '14,450'
Attributes: num=>14 [1..1] num=>450 [1..1]
(7..7] [2..2] ( num): '156,695'
Attributes: num=>156 [2..2] num=>695 [2..2]
(15..15] [3..3] ( num): '171,145'
Attributes: num=>171 [3..3] num=>145 [3..3]
Row 11
Row 12
[0..0) [0..0] (stub): 'Property, plant and equipment, net'
(3..3] [1..1] ( num): '3,953'
Attributes: num=>3 [1..1] num=>953 [1..1]
(7..7] [2..2] ( num): '168,856'
Attributes: num=>168 [2..2] num=>856 [2..2]
(15..15] [3..3] ( num): '172,809'
Attributes: num=>172 [3..3] num=>809 [3..3]
Row 13
[0..0) [0..0] (stub): 'Intangible assets, net'
(7..7] [2..2] ( num): '725,399'
Attributes: num=>725 [2..2] num=>399 [2..2]
(15..15] [3..3] ( num): '725,399'
Attributes: num=>725 [3..3] num=>399 [3..3]
Row 14
[0..0) [0..0] (stub): 'Goodwill, net'
(7..7] [2..2] ( num): '423,873'
Attributes: num=>423 [2..2] num=>873 [2..2]
(15..15] [3..3] ( num): '423,873'
Attributes: num=>423 [3..3] num=>873 [3..3]
Row 15
[0..0) [0..0] (stub): 'Deferred income taxes'
(3..3] [1..1] ( num): '72,598'
Attributes: num=>72 [1..1] num=>598 [1..1]
(11..12) [2..3] ( num): '(72,598)'
Row 16
[0..0) [0..0] (stub): 'Intercompany receivable'
(3..3] [1..1] ( num): '294,214'
Attributes: num=>294 [1..1] num=>214 [1..1]
(11..12) [2..3] ( num): '(294,214)'
Row 17
[0..0) [0..0] (stub): 'Investment in subsidiaries'
(3..3] [1..1] ( num): '900,755'
Attributes: num=>900 [1..1] num=>755 [1..1]
(11..12) [2..3] ( num): '(900,755)'
Row 18
[0..0) [0..0] (stub): 'Other assets'
(3..3] [1..1] ( num): '45,427'
Attributes: num=>45 [1..1] num=>427 [1..1]
(7..7] [2..2] ( num): '27,706'
Attributes: num=>27 [2..2] num=>706 [2..2]
(15..15] [3..3] ( num): '73,133'
Attributes: num=>73 [3..3] num=>133 [3..3]
Row 19
Row 20
Row 21
[0..0) [0..0] (stub): 'Total assets'
[2..3] [1..1] ( num): '$1,331,397'
Attributes: num=>331 [1..1] num=>397 [1..1]
[6..7] [2..2] ( num): '$1,502,529'
Attributes: num=>502 [2..2] num=>529 [2..2]
[10..12) [2..3] ( num): '$(1,267,567)'
Attributes: num=>267 [2..3]
[14..15] [3..3] ( num): '$1,566,359'
Attributes: num=>566 [3..3] num=>359 [3..3]
Row 22
Row 23
Row 24
[0..0) [0..0] (stub): 'Liabilities and Shareholders Equity'
Row 25
Row 26
[0..0) [0..0] (stub): 'Current liabilities:'
Row 27
[0..0) [0..0] (stub): 'Accounts payable'
[2..3] [1..1] ( num): '$7,874'
Attributes: num=>874 [1..1]
[6..7] [2..2] ( num): '$9,290'
Attributes: num=>290 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$17,164'
Attributes: num=>164 [3..3]
Row 28
[0..0) [0..0] (stub): 'Accrued expenses'
(3..3] [1..1] ( num): '16,355'
Attributes: num=>16 [1..1] num=>355 [1..1]
(7..7] [2..2] ( num): '28,303'
Attributes: num=>28 [2..2] num=>303 [2..2]
(15..15] [3..3] ( num): '44,658'
Attributes: num=>44 [3..3] num=>658 [3..3]
Row 29
[0..0) [0..0] (stub): 'Short-term pension obligation'
(3..3] [1..1] ( num): '16,363'
Attributes: num=>16 [1..1] num=>363 [1..1]
(15..15] [3..3] ( num): '16,363'
Attributes: num=>16 [3..3] num=>363 [3..3]
Row 30
[0..0) [0..0] (stub): 'Income taxes payable'
(3..3] [1..1] ( num): '4,044'
Attributes: num=>4 [1..1] num=>044 [1..1]
(15..15] [3..3] ( num): '4,044'
Attributes: num=>4 [3..3] num=>044 [3..3]
Row 31
[0..0) [0..0] (stub): 'Deferred revenue'
(7..7] [2..2] ( num): '3,639'
Attributes: num=>3 [2..2] num=>639 [2..2]
(15..15] [3..3] ( num): '3,639'
Attributes: num=>3 [3..3] num=>639 [3..3]
Row 32
[0..0) [0..0] (stub): 'Accrued interest payable'
(3..3] [1..1] ( num): '10,627'
Attributes: num=>10 [1..1] num=>627 [1..1]
(15..15] [3..3] ( num): '10,627'
Attributes: num=>10 [3..3] num=>627 [3..3]
Row 33
Row 34
[0..0) [0..0] (stub): 'Total current liabilities'
(3..3] [1..1] ( num): '55,263'
Attributes: num=>55 [1..1] num=>263 [1..1]
(7..7] [2..2] ( num): '41,232'
Attributes: num=>41 [2..2] num=>232 [2..2]
(15..15] [3..3] ( num): '96,495'
Attributes: num=>96 [3..3] num=>495 [3..3]
Row 35
Row 36
[0..0) [0..0] (stub): 'Long-term debt'
(3..3] [1..1] ( num): '989,669'
Attributes: num=>989 [1..1] num=>669 [1..1]
(15..15] [3..3] ( num): '989,669'
Attributes: num=>989 [3..3] num=>669 [3..3]
Row 37
[0..0) [0..0] (stub): 'Deferred income taxes'
(7..7] [2..2] ( num): '256,099'
Attributes: num=>256 [2..2] num=>099 [2..2]
(11..12) [2..3] ( num): '(72,598)'
(15..15] [3..3] ( num): '183,501'
Attributes: num=>183 [3..3] num=>501 [3..3]
Row 38
[0..0) [0..0] (stub): 'Pension obligation'
(3..3] [1..1] ( num): '168,826'
Attributes: num=>168 [1..1] num=>826 [1..1]
(15..15] [3..3] ( num): '168,826'
Attributes: num=>168 [3..3] num=>826 [3..3]
Row 39
[0..0) [0..0] (stub): 'Intercompany payable'
(7..7] [2..2] ( num): '294,214'
Attributes: num=>294 [2..2] num=>214 [2..2]
(11..12) [2..3] ( num): '(294,214)'
Row 40
[0..0) [0..0] (stub): 'Other liabilities'
(3..3] [1..1] ( num): '10,158'
Attributes: num=>10 [1..1] num=>158 [1..1]
(7..7] [2..2] ( num): '10,229'
Attributes: num=>10 [2..2] num=>229 [2..2]
(15..15] [3..3] ( num): '20,387'
Attributes: num=>20 [3..3] num=>387 [3..3]
Row 41
Row 42
[0..0) [0..0] (stub): 'Total shareholders equity'
(3..3] [1..1] ( num): '107,481'
Attributes: num=>107 [1..1] num=>481 [1..1]
(7..7] [2..2] ( num): '900,755'
Attributes: num=>900 [2..2] num=>755 [2..2]
(11..12) [2..3] ( num): '(900,755)'
(15..15] [3..3] ( num): '107,481'
Attributes: num=>107 [3..3] num=>481 [3..3]
Row 43
Row 44
Row 45
[0..0) [0..0] (stub): 'Total liabilities and shareholders equity'
[2..3] [1..1] ( num): '$1,331,397'
Attributes: num=>331 [1..1] num=>397 [1..1]
[6..7] [2..2] ( num): '$1,502,529'
Attributes: num=>502 [2..2] num=>529 [2..2]
[10..12) [2..3] ( num): '$(1,267,567)'
Attributes: num=>267 [2..3]
[14..15] [3..3] ( num): '$1,566,359'
Attributes: num=>566 [3..3] num=>359 [3..3]
Row 46
Prototype ranges:
2 rows: 6 27
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
7 rows: 12 10 8 7 18 28 34
[0..0) [0..0] (stub): ''
(3..3] [1..1] ( num): ''
(7..7] [2..2] ( num): ''
(15..15] [3..3] ( num): ''
3 rows: 14 13 31
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
3 rows: 17 16 15
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 21
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
6 rows: 30 29 32 36 38 46
[0..0) (stub): ''
(3..3] ( num): ''
(15..15] ( num): ''
2 rows: 37 39
[0..0) (stub): ''
(7..7] ( num): ''
(11..12) ( num): ''
(15..15] ( num): ''
Row 40
[0..0) (stub): ''
(3..3] ( num): ''
(7..7] ( num): ''
(15..15] ( num): ''
2 rows: 45 42
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
7 rows: 12 10 8 7 18 28 34
[0..0) [0..0] (stub): ''
(3..3] [1..1] ( num): ''
(7..7] [2..2] ( num): ''
(15..15] [3..3] ( num): ''
Table attributes: assets,balancesheet,date,liabilities,cash
| Condensed Consolidating Balance Sheet As of December 31, 2009 (in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
First numeric data row: 0
First row with column header attributes:
Last row with column header attributes:
Row 0
Row 1
(6..7) [2..2] (stub): 'Guarantor'
Row 2
(2..3) [1..1] (stub): 'Parent'
(6..7) [2..2] (stub): 'Subsidiaries'
(10..11) [2..3] (stub): 'Eliminations'
(14..15) [3..3] (stub): 'Total'
Row 3
[0..0) [0..0] (stub): 'Assets'
Row 4
Row 5
[0..0) [0..0] (stub): 'Current assets:'
Row 6
[0..0) [0..0] (stub): 'Cash and temporary cash investments'
[2..3] [1..1] ( num): '$3,646'
Attributes: num=>646 [1..1]
[6..7] [2..2] ( num): '$1,154'
Attributes: num=>154 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$4,800'
Attributes: num=>800 [3..3]
Row 7
[0..0) [0..0] (stub): 'Accounts receivable, net'
(3..3] [1..1] ( num): '361'
Attributes: num=>361 [1..1]
(7..7] [2..2] ( num): '139,550'
Attributes: num=>139 [2..2] num=>550 [2..2]
(15..15] [3..3] ( num): '139,911'
Attributes: num=>139 [3..3] num=>911 [3..3]
Row 8
[0..0) [0..0] (stub): 'Other current assets'
(3..3] [1..1] ( num): '11,193'
Attributes: num=>11 [1..1] num=>193 [1..1]
(7..7] [2..2] ( num): '20,220'
Attributes: num=>20 [2..2] num=>220 [2..2]
(15..15] [3..3] ( num): '31,413'
Attributes: num=>31 [3..3] num=>413 [3..3]
Row 9
Row 10
[0..0) [0..0] (stub): 'Total current assets'
(3..3] [1..1] ( num): '15,200'
Attributes: num=>15 [1..1] num=>200 [1..1]
(7..7] [2..2] ( num): '160,924'
Attributes: num=>160 [2..2] num=>924 [2..2]
(15..15] [3..3] ( num): '176,124'
Attributes: num=>176 [3..3] num=>124 [3..3]
Row 11
Row 12
[0..0) [0..0] (stub): 'Property, plant and equipment, net'
(3..3] [1..1] ( num): '4,655'
Attributes: num=>4 [1..1] num=>655 [1..1]
(7..7] [2..2] ( num): '172,820'
Attributes: num=>172 [2..2] num=>820 [2..2]
(15..15] [3..3] ( num): '177,475'
Attributes: num=>177 [3..3] num=>475 [3..3]
Row 13
[0..0) [0..0] (stub): 'Intangible assets, net'
(7..7] [2..2] ( num): '725,399'
Attributes: num=>725 [2..2] num=>399 [2..2]
(15..15] [3..3] ( num): '725,399'
Attributes: num=>725 [3..3] num=>399 [3..3]
Row 14
[0..0) [0..0] (stub): 'Goodwill, net'
(7..7] [2..2] ( num): '423,873'
Attributes: num=>423 [2..2] num=>873 [2..2]
(15..15] [3..3] ( num): '423,873'
Attributes: num=>423 [3..3] num=>873 [3..3]
Row 15
[0..0) [0..0] (stub): 'Deferred income taxes'
(3..3] [1..1] ( num): '77,210'
Attributes: num=>77 [1..1] num=>210 [1..1]
(11..12) [2..3] ( num): '(77,210)'
Row 16
[0..0) [0..0] (stub): 'Intercompany receivable'
(3..3] [1..1] ( num): '431,275'
Attributes: num=>431 [1..1] num=>275 [1..1]
(11..12) [2..3] ( num): '(431,275)'
Row 17
[0..0) [0..0] (stub): 'Investment in subsidiaries'
(3..3] [1..1] ( num): '782,606'
Attributes: num=>782 [1..1] num=>606 [1..1]
(11..12) [2..3] ( num): '(782,606)'
Row 18
[0..0) [0..0] (stub): 'Other assets'
(3..3] [1..1] ( num): '51,594'
Attributes: num=>51 [1..1] num=>594 [1..1]
(7..7] [2..2] ( num): '29,996'
Attributes: num=>29 [2..2] num=>996 [2..2]
(15..15] [3..3] ( num): '81,590'
Attributes: num=>81 [3..3] num=>590 [3..3]
Row 19
Row 20
Row 21
[0..0) [0..0] (stub): 'Total assets'
[2..3] [1..1] ( num): '$1,362,540'
Attributes: num=>362 [1..1] num=>540 [1..1]
[6..7] [2..2] ( num): '$1,513,012'
Attributes: num=>513 [2..2] num=>012 [2..2]
[10..12) [2..3] ( num): '$(1,291,091)'
Attributes: num=>291 [2..3]
[14..15] [3..3] ( num): '$1,584,461'
Attributes: num=>584 [3..3] num=>461 [3..3]
Row 22
Row 23
Row 24
[0..0) [0..0] (stub): 'Liabilities and Shareholders Equity'
Row 25
Row 26
[0..0) [0..0] (stub): 'Current liabilities:'
Row 27
[0..0) [0..0] (stub): 'Accounts payable'
[2..3] [1..1] ( num): '$10,882'
Attributes: num=>882 [1..1]
[6..7] [2..2] ( num): '$9,854'
Attributes: num=>854 [2..2]
[10..10) [2..3] (stub): '$'
[14..15] [3..3] ( num): '$20,736'
Attributes: num=>736 [3..3]
Row 28
[0..0) [0..0] (stub): 'Accrued expenses'
(3..3] [1..1] ( num): '17,181'
Attributes: num=>17 [1..1] num=>181 [1..1]
(7..7] [2..2] ( num): '24,741'
Attributes: num=>24 [2..2] num=>741 [2..2]
(15..15] [3..3] ( num): '41,922'
Attributes: num=>41 [3..3] num=>922 [3..3]
Row 29
[0..0) [0..0] (stub): 'Short-term pension obligation'
(3..3] [1..1] ( num): '14,277'
Attributes: num=>14 [1..1] num=>277 [1..1]
(15..15] [3..3] ( num): '14,277'
Attributes: num=>14 [3..3] num=>277 [3..3]
Row 30
[0..0) [0..0] (stub): 'Income taxes payable'
(3..3] [1..1] ( num): '12,052'
Attributes: num=>12 [1..1] num=>052 [1..1]
(15..15] [3..3] ( num): '12,052'
Attributes: num=>12 [3..3] num=>052 [3..3]
Row 31
[0..0) [0..0] (stub): 'Deferred revenue'
(7..7] [2..2] ( num): '4,228'
Attributes: num=>4 [2..2] num=>228 [2..2]
(15..15] [3..3] ( num): '4,228'
Attributes: num=>4 [3..3] num=>228 [3..3]
Row 32
[0..0) [0..0] (stub): 'Accrued interest payable'
(3..3] [1..1] ( num): '10,682'
Attributes: num=>10 [1..1] num=>682 [1..1]
(15..15] [3..3] ( num): '10,682'
Attributes: num=>10 [3..3] num=>682 [3..3]
Row 33
Row 34
[0..0) [0..0] (stub): 'Total current liabilities'
(3..3] [1..1] ( num): '65,074'
Attributes: num=>65 [1..1] num=>074 [1..1]
(7..7] [2..2] ( num): '38,823'
Attributes: num=>38 [2..2] num=>823 [2..2]
(15..15] [3..3] ( num): '103,897'
Attributes: num=>103 [3..3] num=>897 [3..3]
Row 35
Row 36
[0..0) [0..0] (stub): 'Long-term debt'
(3..3] [1..1] ( num): '1,028,219'
Attributes: num=>1 [1..1] num=>028 [1..1] num=>219 [1..1]
(15..15] [3..3] ( num): '1,028,219'
Attributes: num=>1 [3..3] num=>028 [3..3] num=>219 [3..3]
Row 37
[0..0) [0..0] (stub): 'Deferred income taxes'
(7..7] [2..2] ( num): '247,098'
Attributes: num=>247 [2..2] num=>098 [2..2]
(11..12) [2..3] ( num): '(77,210)'
(15..15] [3..3] ( num): '169,888'
Attributes: num=>169 [3..3] num=>888 [3..3]
Row 38
[0..0) [0..0] (stub): 'Pension obligation'
(3..3] [1..1] ( num): '182,065'
Attributes: num=>182 [1..1] num=>065 [1..1]
(15..15] [3..3] ( num): '182,065'
Attributes: num=>182 [3..3] num=>065 [3..3]
Row 39
[0..0) [0..0] (stub): 'Intercompany payable'
(7..7] [2..2] ( num): '431,275'
Attributes: num=>431 [2..2] num=>275 [2..2]
(11..12) [2..3] ( num): '(431,275)'
Row 40
[0..0) [0..0] (stub): 'Other liabilities'
(3..3] [1..1] ( num): '15,351'
Attributes: num=>15 [1..1] num=>351 [1..1]
(7..7] [2..2] ( num): '13,210'
Attributes: num=>13 [2..2] num=>210 [2..2]
(15..15] [3..3] ( num): '28,561'
Attributes: num=>28 [3..3] num=>561 [3..3]
Row 41
Row 42
[0..0) [0..0] (stub): 'Total shareholders equity'
(3..3] [1..1] ( num): '71,831'
Attributes: num=>71 [1..1] num=>831 [1..1]
(7..7] [2..2] ( num): '782,606'
Attributes: num=>782 [2..2] num=>606 [2..2]
(11..12) [2..3] ( num): '(782,606)'
(15..15] [3..3] ( num): '71,831'
Attributes: num=>71 [3..3] num=>831 [3..3]
Row 43
Row 44
Row 45
[0..0) [0..0] (stub): 'Total liabilities and shareholders equity'
[2..3] [1..1] ( num): '$1,362,540'
Attributes: num=>362 [1..1] num=>540 [1..1]
[6..7] [2..2] ( num): '$1,513,012'
Attributes: num=>513 [2..2] num=>012 [2..2]
(11..12) [2..3] ( num): '(1,291,091)'
Attributes: num=>291 [2..3]
[14..15] [3..3] ( num): '$1,584,461'
Attributes: num=>584 [3..3] num=>461 [3..3]
Row 46
Prototype ranges:
2 rows: 6 27
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..10) (stub): ''
[14..15] ( num): ''
7 rows: 12 10 8 7 18 28 34
[0..0) [0..0] (stub): ''
(3..3] [1..1] ( num): ''
(7..7] [2..2] ( num): ''
(15..15] [3..3] ( num): ''
3 rows: 14 13 31
[0..0) (stub): ''
(7..7] ( num): ''
(15..15] ( num): ''
3 rows: 17 16 15
[0..0) (stub): ''
(3..3] ( num): ''
(11..12) ( num): ''
Row 21
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
[10..12) ( num): ''
[14..15] ( num): ''
6 rows: 30 29 32 36 38 46
[0..0) (stub): ''
(3..3] ( num): ''
(15..15] ( num): ''
2 rows: 37 39
[0..0) (stub): ''
(7..7] ( num): ''
(11..12) ( num): ''
(15..15] ( num): ''
Row 40
[0..0) (stub): ''
(3..3] ( num): ''
(7..7] ( num): ''
(15..15] ( num): ''
2 rows: 45 42
[0..0) (stub): ''
[2..3] ( num): ''
[6..7] ( num): ''
(11..12) ( num): ''
[14..15] ( num): ''
Best data column prototype:
7 rows: 12 10 8 7 18 28 34
[0..0) [0..0] (stub): ''
(3..3] [1..1] ( num): ''
(7..7] [2..2] ( num): ''
(15..15] [3..3] ( num): ''
Table attributes: assets,balancesheet,date,liabilities,cash
| Three months ended Six months ended June 30, June 30, 2010 2009 2010 2009 Interest cost on projected benefit obligation $ 8,163 $ 8,304 $ 16,326 $ 16,608 Expected return on assets (7,945 ) (8,673 ) (15,890 ) (17,328 ) Amortization of net loss 1,099 (619 ) 2,198 732 Net periodic pension cost (benefit) $ 1,317 $ (988 ) $ 2,634 $ 12 | |||
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| Station salaries, wages and employee benefits increased $4,926, or 5.0 percent, in the six months ended June 30, 2010, compared to the six months ended June 30, 2009. This increase is primarily due to increases in bonus accruals of $3,339, a 2009 credit for vacation accruals of $2,979 due to the second quarter 2009 decision to convert to a PTO vacation policy, a 2009 credit of $2,110 for self-insured medical costs, and increases in pension and pension transition expenses of $2,482. These increases were partially offset by decreases in severance costs of $2,517, 401(k) plan expense of $1,896 and salary expense of $1,566. Station programming and other operating costs decreased $4,938 or 5.1 percent, primarily due to a non-cash expense reduction of $4,381, relating to a 2005 Federal Communications Commission (FCC) decision that allowed a major wireless provider to finance the replacement of analog newsgathering equipment with digital equipment in exchange for stations vacating the analog spectrum earlier than required. Six Belo markets converted to this digital equipment in the first half of 2010 and only two Belo markets converted in the first half of 2009. Corporate operating costs increased $3,316 in the six months ended June 30, 2010, primarily related to increases in bonus expense of $2,463, pension and pension transition expenses of $1,848, and share-based compensation expense of $1,299. These increases were partially offset by a decrease in technology related expenses of $2,149. Belos current funding policy is to contribute annually to the Pension Plan amounts sufficient to meet minimum funding requirements as set forth in employee benefit and tax laws, but not in excess of the maximum tax-deductible contribution. A. H. Belo is required to reimburse the Company for 60 percent of each contribution the Company makes to the Pension Plan. For the three and six months ended June 30, 2010, the Company made Pension Plan contributions of $7,000 and $13,787, respectively, and received reimbursements from A. H. Belo of $4,200 and $8,272, respectively. Pension contribution reimbursements received from A. H. Belo are classified as a credit to operating costs and expenses in the consolidated statement of operations. Other Income and (Expense) Interest expense increased $4,483 and $9,791 in the three and six months ended June 30, 2010, respectively, primarily due to increased interest costs associated with the issuance of $275,000 in 8% Senior Notes in November 2009, and the amortization of the discount and refinancing costs associated with the note offering. These borrowings were previously included in the Companys lower-rate revolving credit facility. Other income (expense), net increased $3,180 in the second quarter 2010 compared to the second quarter 2009, due primarily to costs recognized in the second quarter 2009 of $947 related to the relocation of the Companys bureau in Washington, DC, and a $500 increase in an investment reserve. Other income (expense), net decreased $13,456 in the six months ended June 30, 2010, primarily due to a $14,905 gain related to the Companys first quarter 2009 purchase of debt securities. The debt securities were purchased on the open market at a discount. Additionally, in the first quarter 2009, the Company sold its interest in a Web site joint venture for a gain of $1,616. Income taxes increased $6,249, or 97.4 percent, for the three months ended June 30, 2010, compared with the three months ended June 30, 2009, primarily due to higher taxable income in 2010 compared to 2009. Income taxes increased $9,614, or 79.8 percent, for the six months ended June 30, 2010, compared with the six months ended June 30, 2009, primarily due to higher taxable income in 2010 compared to 2009. For the six months ended June 30, 2010 and 2009, the Companys effective tax rate was 39.6 percent and 38.6 percent, respectively. Station EBITDA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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