Cable One (CABO) 10-Q 8 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 04, 2017
Document Information [Line Items]
Entity Registrant Name	CABLE ONE, INC.
Entity Central Index Key	1,632,127
Trading Symbol	cabo
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		5,725,853
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 89,793	$ 138,040
Accounts receivable, net	45,812	32,526
Income tax receivable	16,539	4,547
Prepaid assets	13,256	10,824
Total Current Assets	165,400	185,937
Property, plant and equipment, net	803,383	619,621
Intangibles, net	971,673	497,480
Goodwill	178,374	84,928
Other assets	5,664	9,305
Total Assets	2,124,494	1,397,271
Current Liabilities:
Accounts payable and accrued liabilities	86,601	82,703
Deferred revenue	36,795	22,190
Long-term debt - current portion	11,250	6,250
Total Current Liabilities	134,646	111,143
Long-term debt	1,167,458	530,886
Deferred income taxes	294,850	276,297
Accrued compensation and other liabilities	24,392	24,434
Total Liabilities	1,621,346	942,760
Commitments and contingencies (see Note 12)
Stockholders' Equity
Preferred stock ($0.01 par value; 4,000,000 shares authorized; none issued or outstanding)
Common stock ($0.01 par value; 40,000,000 shares authorized; 5,887,899 shares issued; and 5,725,095 and 5,708,223 shares outstanding as of June 30, 2017 and December 31, 2016, respectively)	59	59
Additional paid-in capital	22,514	17,669
Retained earnings	556,401	511,776
Accumulated other comprehensive loss	(442)	(446)
Treasury stock, at cost (162,804 and 179,676 shares held as of June 30, 2017 and December 31, 2016, respectively)	(75,384)	(74,547)
Total Stockholders' Equity	503,148	454,511
Total Liabilities and Stockholders' Equity	$ 2,124,494	$ 1,397,271

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	4,000,000	4,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	5,887,899	5,887,899
Common stock, shares outstanding (in shares)	5,725,095	5,708,223
Treasury stock, shares (in shares)	162,804	179,676

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues	$ 241,042	$ 204,557	$ 448,469	$ 407,362
Costs and expenses
Operating (excluding depreciation and amortization)	83,849	75,672	152,932	152,100
Selling, general and administrative	51,194	43,482	96,927	87,375
Depreciation and amortization	46,890	34,689	85,295	69,382
(Gain) loss on disposal of assets	462	157	(5,686)	565
Total operating costs and expenses	182,395	154,000	329,468	309,422
Income from operations	58,647	50,557	119,001	97,940
Interest expense	(11,782)	(7,549)	(19,389)	(15,104)
Other income (expense), net	(322)	183	(35)	693
Income before income taxes	46,543	43,191	99,577	83,529
Provision for income taxes	17,967	16,558	37,787	29,852
Net income	28,576	26,633	61,790	53,677
Other comprehensive gain (loss), net of tax	2	(28)	4	(55)
Comprehensive income	$ 28,578	$ 26,605	$ 61,794	$ 53,622
Net income per common share:
Basic (in dollars per share)	$ 5.03	$ 4.64	$ 10.88	$ 9.30
Diluted (in dollars per share)	$ 4.97	$ 4.62	$ 10.76	$ 9.27
Weighted average common shares outstanding:
Basic (in shares)	5,678,394	5,743,465	5,677,411	5,769,859
Diluted (in shares)	5,745,617	5,766,312	5,740,837	5,788,385

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($) $ in Thousands	Dividends Paid to Shareholders [Member]Common Stock [Member]	Dividends Paid to Shareholders [Member]Additional Paid-in Capital [Member]	Dividends Paid to Shareholders [Member]Retained Earnings [Member]	Dividends Paid to Shareholders [Member]Treasury Stock [Member]	Dividends Paid to Shareholders [Member]AOCI Attributable to Parent [Member]	Dividends Paid to Shareholders [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2016							5,708,223
Balance at Dec. 31, 2016							$ 59	$ 17,669	$ 511,776	$ (74,547)	$ (446)	$ 454,511
Net income									61,790			61,790
Changes in pension, net of tax											4	4
Equity-based compensation (in shares)
Equity-based compensation								4,845				4,845
Issuance of restricted stock awards, net of forfeitures (in shares)							18,238
Issuance of restricted stock awards, net of forfeitures
Repurchases of common stock (in shares)							(700)					(700)
Repurchases of common stock										(399)		$ (399)
Withholding tax for equity awards (in shares)							(666)					(666)
Withholding tax for equity awards										(438)		$ (438)
Dividends paid to stockholders			$ (17,165)			$ (17,165)
Balance (in shares) at Jun. 30, 2017							5,725,095
Balance at Jun. 30, 2017							$ 59	$ 22,514	$ 556,401	$ (75,384)	$ (442)	$ 503,148

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 61,790	$ 53,677
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	85,295	69,382
Amortization of debt issuance costs	1,191	809
Equity-based compensation	4,845	6,466
Write-off of debt issuance costs	613
Deferred income taxes	7,832	(3,330)
(Gain) loss on disposal of assets	(5,686)	565
Changes in operating assets and liabilities:
Accounts receivable, net	1,741	3,612
Income tax receivable	(11,992)
Prepaid assets	(1,248)	(1,388)
Accounts payable and accrued liabilities	(14,073)	(4,974)
Deferred revenue	89	(160)
Income taxes payable		(23)
Other assets and liabilities, net	462	944
Net cash provided by operating activities	130,859	125,580
Cash flows from investing activities:
Purchase of business, net of cash acquired	(728,783)
Capital expenditures	(76,430)	(65,023)
Change in accrued expenses related to capital expenditures	(1,505)	(10,958)
Proceeds from sales of property, plant and equipment	10,912	459
Net cash used in investing activities	(795,806)	(75,522)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	750,000
Payment of debt issuance costs	(15,224)
Payments on long-term debt	(95,008)	(1,258)
Repurchases of common stock	(399)	(46,511)
Payment of withholding tax for equity awards	(438)
Dividends paid to stockholders	(17,165)	(17,303)
Cash overdraft	(5,066)	(1,444)
Net cash provided by (used in) financing activities	616,700	(66,516)
Change in cash and cash equivalents	(48,247)	(16,458)
Cash and cash equivalents, beginning of period	138,040	119,199
Cash and cash equivalents, end of period	89,793	102,741
Supplemental cash flow disclosures:
Cash paid for interest	14,031	14,248
Cash paid for income taxes	$ 41,947	$ 32,615

Note 1 - Description of Busines

Note 1 - Description of Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Description of Business. 21 July 1, 2015, June 30, 2017, 640,337 384,004 138,286 May 1, 2017, $741.0 2 Unless otherwise stated or the context otherwise indicates, all references in this Quarterly Report on Form 10 Basis of Presentation. 10 01 X 1934, 10 December 31, 2016. may not The December 31, 2016 not Certain reclassifications have been made to prior period amounts to conform to the current period presentation. Principles of Consolidation. Segment Reporting. 280 Segment Reporting 280 one Use of Estimates. may Change in Accounting Estimate. first 2017. $5.1 second 2017 second 2016 $11.0 six June 30, 2017 Recently Adopted and Issued Accounting Pronouncements. May 2017, No. 2017 09, Compensation – Stock Compensation (Topic 718 2017 09 718. December 15, 2017, In January 2017, No. 2017 04, Intangibles - Goodwill and Other (Topic 350 2017 04 2 350 not may two December 15, 2019, 2017 04 not no not In January 2017, No. 2017 01, Business Combinations (Topic 805 2017 01 December 15, 2017. In August 2016, No. 2016 15, Statement of Cash Flows (Topic 230 : Classification of Certain Cash Receipts and Cash Payments one 2016 15 first 2018, In March 2016, No. 2016 09, Compensation - Stock Compensation (Topic 718 2016 09 first 2017. The Company also established an accounting policy election to assume zero 2016 09 not In February 2016, No. 2016 02, Leases (Topic 842 2016 02 2016 02 first 2019, In May 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09 2016, first 2018. two may not not

Note 2 - NewWave Acquisition

Note 2 - NewWave Acquisition	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2 . NEWWAVE ACQUISITION On January 18, 2017, adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) margin expansion as well as the potential to realize cost synergies . The Company paid a purchase price of $741.0 May 1, 2017. 6 The Company accounted for the NewWave acquisition as a business combination pursuant to ASC 805 Business Combinations not three six June 30, 2017, $3.2 $4.7 In accordance with ASC 805, no one Provisional Allocation Assets Cash and cash equivalents $ 12,220 Accounts receivable 15,027 Prepaid assets 1,184 Property, plant and equipment 192,234 Intangibles 476,300 Other assets 370 Total 697,335 Liabilities Accounts payable and accrued liabilities 24,542 Deferred revenue 14,516 Deferred income taxes 10,720 Total 49,778 Net assets acquired 647,557 Purchase price consideration 741,003 Goodwill recognized $ 93,446 Acquired intangible assets consist of the following (dollars in thousands): Provisional Estimated F air Value Provisional Estimated Weighted Average Useful Life (in years) Franchise agreements $ 320,000 Indefinite Customer relationships $ 155,000 14 Trademark and trade name $ 1,300 1 The total weighted average amortization period for the acquired intangibles is 13.9 The acquisition produced $93.4 $178.4 June 30, 2017. not not For the period from May 1, 2017 June 30, 2017, $32.2 $2.1 $2.1 The following unaudited pro forma combined results of operations for the three six June 30, 2017 2016 January 1, 2016 Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Revenues $ 257,195 $ 249,790 $ 512,385 $ 496,950 Net income $ 30,585 $ 23,922 $ 63,525 $ 47,550 Net income per common share: Basic $ 5.39 $ 4.17 $ 11.19 $ 8.24 Diluted $ 5.32 $ 4.15 $ 11.07 $ 8.21 The unaudited pro forma combined results of operations is provided for informational purposes only and is not January 1, 2016 may

Note 3 - Revenues

Note 3 - Revenues	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Revenue Disclosure [Text Block]	3 . REVENUES The Company’s revenues by product line were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 201 7 201 6 2017 2016 Residential Data $ 103,155 $ 86,031 $ 193,356 $ 169,470 Video 84,873 74,016 157,328 148,869 Voice 11,417 10,944 21,284 22,258 Business services 32,543 24,491 59,505 48,318 Advertising sales 5,970 6,616 11,592 13,619 Other 3,084 2,459 5,404 4,828 Total revenues $ 241,042 $ 204,557 $ 448,469 $ 407,362 The amount of franchise fees recorded on a gross basis and included in residential video revenues above was $4.0 $3.6 three June 30, 2017 2016, $7.5 $7.2 six June 30, 2017 2016,

Note 4 - Property, Plant and Eq

Note 4 - Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	4 . PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following (in thousands): June 30 , 201 7 December 31, 2016 Cable distribution systems $ 1,243,192 $ 1,048,790 Customer premise equipment 201,360 181,852 Other equipment and fixtures 380,871 359,957 Buildings and leasehold improvements 94,426 88,592 Capitalized software 87,752 83,815 Construction in progress 53,335 64,822 Land 11,591 9,612 Total property, plant and equipment 2,072,527 1,837,440 Less accumulated depreciation (1,269,144 ) (1,217,819 ) Property, plant and equipment, net $ 803,383 $ 619,621 Depreciation expense was $44.8 $34.7 three June 30, 2017 2016, $83.2 $69.3 six June 30, 2017 2016, The Company's previous headquarters building and adjoining property were held for sale at December 31, 2016. January 2017, $10.1 $6.6 $4.6 June 30, 2017.

Note 5 - Goodwill and Intangibl

Note 5 - Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	5 . GOODWILL AND INTANGIBLE ASSETS The carrying amount of goodwill at June 30, 2017 December 31, 2016 $178.4 $84.9 May 1, 2017. not Intangible assets (excluding goodwill) consisted of the following (dollars in thousands): June 30, 2017 Useful Gross Net Life Carrying Accumulated Carrying Range (years) Amount Amortization Amount Amortized Intangible Assets Cable franchise renewals and access rights 1 - 25 $ 4,138 $ 3,840 $ 298 Customer relationships 14 $ 155,000 $ 1,845 $ 153,155 NewWave trademark and trade name 1 $ 1,300 $ 217 $ 1,083 Indefinite-Lived Intangible Assets (Excluding Goodwill) Franchise agreements $ 817,137 December 31, 2016 Useful Gross Net Life Carrying Accumulated Carrying Range (years) Amount Amortization Amount Amortized Intangible Assets Cable franchise renewals and access rights 1 - 25 $ 4,138 $ 3,794 $ 344 Indefinite-Lived Intangible Assets (Excluding Goodwill) Franchise agreements $ 497,136

Note 6 - Long-term Debt

Note 6 - Long-term Debt	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Long-term Debt [Text Block]	6 . LONG-TERM DEBT The carrying amount of long-term debt as of June 30, 2017 December 31, 2016 June 30 , 201 7 December 31, 201 6 Notes $ 450,000 $ 450,000 Senior Credit Facilities 750,000 95,000 Capital lease obligation 276 284 Total debt 1,200,276 545,284 Less unamortized debt issuance costs (21,568 ) (8,148 ) Less current portion of long-term debt (11,250 ) (6,250 ) Total Long-term debt $ 1,167,458 $ 530,886 Senior Unsecured Notes. June 17, 2015, $450 5.75% 2022 June 15, 2022 June 15 th December 15 th The Notes have not not 1933, may not 144A The Notes were issued pursuant to an indenture (the “Indenture”) dated as of June 17, 2015. Senior Credit Facilities. June 30, 2015, five $200 five $100 Borrowings under the Original Credit Facilities bore interest, at the Company’s option, at a rate per annum determined by reference to either the London Interbank Offered Rate (“LIBOR”) or an adjusted base rate, in each case plus an applicable interest rate margin. The applicable interest rate margin with respect to LIBOR borrowings was a rate per annum between 1.50% 2.25% 0.50% 1.25%, 0.25% 0.40% The Revolving Credit Facility also gives the Company the ability to issue letters of credit, which reduce the amount available for borrowing under the Revolving Credit Facility. Letter of credit issuances under the Revolving Credit Facility of $2.8 June 30, 2017 1.625% $197.2 June 30, 2017. On May 1, 2017, $750 The New Loans consist of (a) a five $250 seven $500 The interest margins applicable to the New Loans under the Amended and Restated Credit Agreement are, at the Company’s option, equal to either LIBOR or a base rate, plus an applicable margin equal to, ( x 2.25% 1.50% 1.25% 0.50% 2.25% 1.25% may 2.5% first 5.0% second 7.5% third 10.0% fourth fifth 1.0% 1.0% six not As of June 30, 2017, $250 $500 2.93% 3.43% In connection with the New Loans, the Company incurred $15.2 $0.6 June 30, 2017. $21.6 $8.1 June 30, 2017 December 31, 2016, The Company may, $425 no 1.80 1.00. first The Company was in compliance with all debt covenants as of June 30, 2017. As of June 30, 2017, Years Ending December 31 , Amount 2017 (remaining months) $ 5,633 2018 14,392 2019 20,642 2020 26,892 2021 30,017 Thereafter 1,102,700 Total $ 1,200,276

Note 7 - Fair Value Measurement

Note 7 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	7 . FAIR VALUE MEASUREMENTS The Company’s deferred compensation liabilities were $17.9 $18.2 June 30, 2017 December 31, 2016, not 2 The carrying amounts and fair values of the Company’s money market and commercial paper investments and long-term debt (including the current portion) as of June 30, 2017 June 30, 2017 Carrying Fair Amount Value Assets: Money market investments $ 32,248 $ 32,248 Commercial paper $ 39,957 $ 39,942 Long-term debt, including current portion : Notes $ 450,000 $ 473,625 Senior Credit Facilities $ 750,000 $ 750,000 Money market investments are included in Cash and cash equivalents in the Consolidated Balance Sheets. Commercial paper investments with original maturities of 90 1 2 2 2

Note 8 - Treasury Stock

Note 8 - Treasury Stock	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Treasury Stock [Text Block]	8 . TREASURY STOCK Share Repurchase Program. July 1, 2015, $250 600,000 may June 30, 2017, 165,633 $73.1 first 2017, 700 $0.4 first Restricted Stock Tax Withholding. three six June 30, 2017 $0.1 million and $0.4 149 666 162,804 June 30, 2017

Note 9 - Equity-based Compensat

Note 9 - Equity-based Compensation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	9 . EQUITY-BASED COMPENSATION On June 5, 2015, 2015 2015 July 1, 2015. May 2, 2017, 2015 “2015 2015 2015 2015 one 2015 1 2 3 4 5 6 7 8 9 2015 162 1986, 2015 no may 2015 May 2, 2027. The 2015 may 2015 334,870, 2015 May 2, 2017, no 329,962 may June 30, 2017, 331,552 2015 Restricted Stock Awards. three four first December 12, 2016 ( not 2015 January 2, 2018. three 2015 2015 May 2, 2017) The compensation arrangements for the Company’s non-employee directors as of June 30, 2017 $75,000 $125,000 first one 2017 2017 June 30, 2017, 3,175 Restricted shares, RSUs and DEUs are collectively referred to as “restricted stock.” A summary of restricted stock activities for the six June 30, 2017 Weighted Average Grant Date Restricted Fair Value Stock Per Share Outstanding as of December 31, 2016 38,425 $ 402.21 Granted 15,660 $ 624.42 Granted due to performance achievement 5,006 $ 433.66 Forfeited (3,992 ) $ 418.58 Vested (1,693 ) $ 436.29 Outstanding as of June 30, 2017 53,406 $ 466.62 Vested and unissued as of June 30, 2017 3,175 $ 436.06 Compensation expense associated with restricted stock is recognized on a straight-line basis over the vesting period. The expense recognized each period is dependent upon the Company’s estimate of the number of shares that will ultimately vest. Equity-based compensation expense for restricted stock was $1.6 million and $3.3 three six June 30, 2017, June 30, 2017, $9.8 million of unrecognized compensation expense related to restricted stock, which is expected to be recognized over a weighted average period of 1.3 Stock Appreciation Rights. four first 2015 2015 May 2, 2017) A summary of SAR activity is as follows: Stock Appreciation Rights Weighted Average Exercise Price Weighted Average Fair Aggregate Intrinsic Value ( in thousands ) Weighted Average Remaining Contractual Term (in y ears) Outstanding as of December 31, 2016 136,000 $ 426.80 $ 88.07 $ 26,510 8.7 Granted 21,572 $ 620.64 $ 138.01 $ - 9.5 Exercised (6,775 ) $ 422.31 $ 87.22 Forfeited (8,700 ) $ 422.31 $ 87.22 Outstanding as of June 30, 2017 142,097 $ 456.72 $ 95.74 $ 36,118 8.4 Vested and exercisable as of June 30, 2017 24,150 $ 422.81 $ 87.33 $ 6,957 8.2 The fair value of the SARs was measured based on the Black-Scholes model. The weighted average inputs used in the model for the six June 30, 2017 2017 Expected volatility 20.90 % Risk-free interest rate 2.14 % Expected term (in years) 6.25 Expected dividend yield 0.96 % Compensation expense associated with SARs is recognized on a straight-line basis over the vesting period. Equity-based compensation expense for SARs was $0.8 $1.5 three six June 30, 2017, June 30, 2017, $8.9 million of unrecognized compensation expense related to SARs, which is expected to be recognized over a weighted average period of 1.4 Compensation Expense . $2.4 $3.4 three June 30, 2017 2016, $4.8 $6.5 six June 30, 2017 2016, $3.7 million related to equity-based awards granted through June 30, 2017. $6.3 million as of June 30, 2017.

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10 . INCOME TAXES The Company’s effective tax rate was 38.6% 38.3% three June 30, 2017 2016, 37.9% 35.7% six June 30, 2017 2016, six June 30, 2017 $2.2 first 2016, not

Note 11 - Net Income Per Share

Note 11 - Net Income Per Share	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	1 . NET INCOME PER SHARE Basic net income per common share is computed by dividing the net income allocable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted income per share further includes any common shares available to be issued upon vesting or exercise of outstanding equity awards if such inclusion would be dilutive. The following table sets forth the computation of basic and diluted net income per common share (in thousands, except share and per share amounts): Three Months Ended June 30, Six Months Ended June 30, 201 7 201 6 2017 2016 Numerator: Net income $ 28,576 $ 26,633 $ 61,790 $ 53,677 Denominator: Weighted average common shares outstanding - basic 5,678,394 5,743,465 5,677,411 5,769,859 Effect of dilutive equity awards (1) 67,223 22,847 63,426 18,526 Weighted average common shares outstanding - diluted 5,745,617 5,766,312 5,740,837 5,788,385 Net income per share: Basic $ 5.03 $ 4.64 $ 10.88 $ 9.30 Diluted $ 4.97 $ 4.62 $ 10.76 $ 9.27 ( 1 SARs outstanding that were not 2,477 12,098 three June 30, 2017 2016, 1,438 6,830 six June 30, 2017 2016,

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 2 . COMMITMENTS AND CONTINGENCIES Litigation and Legal Matters. no not not Regulation in the Cable Industry. 1996 GHC Agreements. June 16, 2015, $0.1 $0.3 three six June 30, 2017,

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation. 10 01 X 1934, 10 December 31, 2016. may not The December 31, 2016 not Certain reclassifications have been made to prior period amounts to conform to the current period presentation.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation.
Segment Reporting, Policy [Policy Text Block]	Segment Reporting. 280 Segment Reporting 280 one
Use of Estimates, Policy [Policy Text Block]	Use of Estimates. may Change in Accounting Estimate. first 2017. $5.1 second 2017 second 2016 $11.0 six June 30, 2017
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted and Issued Accounting Pronouncements. May 2017, No. 2017 09, Compensation – Stock Compensation (Topic 718 2017 09 718. December 15, 2017, In January 2017, No. 2017 04, Intangibles - Goodwill and Other (Topic 350 2017 04 2 350 not may two December 15, 2019, 2017 04 not no not In January 2017, No. 2017 01, Business Combinations (Topic 805 2017 01 December 15, 2017. In August 2016, No. 2016 15, Statement of Cash Flows (Topic 230 : Classification of Certain Cash Receipts and Cash Payments one 2016 15 first 2018, In March 2016, No. 2016 09, Compensation - Stock Compensation (Topic 718 2016 09 first 2017. The Company also established an accounting policy election to assume zero 2016 09 not In February 2016, No. 2016 02, Leases (Topic 842 2016 02 2016 02 first 2019, In May 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09 2016, first 2018. two may not not

Note 2 - NewWave Acquisition (T

Note 2 - NewWave Acquisition (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Provisional Allocation Assets Cash and cash equivalents $ 12,220 Accounts receivable 15,027 Prepaid assets 1,184 Property, plant and equipment 192,234 Intangibles 476,300 Other assets 370 Total 697,335 Liabilities Accounts payable and accrued liabilities 24,542 Deferred revenue 14,516 Deferred income taxes 10,720 Total 49,778 Net assets acquired 647,557 Purchase price consideration 741,003 Goodwill recognized $ 93,446
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Provisional Estimated F air Value Provisional Estimated Weighted Average Useful Life (in years) Franchise agreements $ 320,000 Indefinite Customer relationships $ 155,000 14 Trademark and trade name $ 1,300 1
Business Acquisition, Pro Forma Information [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Revenues $ 257,195 $ 249,790 $ 512,385 $ 496,950 Net income $ 30,585 $ 23,922 $ 63,525 $ 47,550 Net income per common share: Basic $ 5.39 $ 4.17 $ 11.19 $ 8.24 Diluted $ 5.32 $ 4.15 $ 11.07 $ 8.21

Note 3 - Revenues (Tables)

Note 3 - Revenues (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Revenue from External Customers by Products and Services [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 201 7 201 6 2017 2016 Residential Data $ 103,155 $ 86,031 $ 193,356 $ 169,470 Video 84,873 74,016 157,328 148,869 Voice 11,417 10,944 21,284 22,258 Business services 32,543 24,491 59,505 48,318 Advertising sales 5,970 6,616 11,592 13,619 Other 3,084 2,459 5,404 4,828 Total revenues $ 241,042 $ 204,557 $ 448,469 $ 407,362

Note 4 - Property, Plant and 22

Note 4 - Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30 , 201 7 December 31, 2016 Cable distribution systems $ 1,243,192 $ 1,048,790 Customer premise equipment 201,360 181,852 Other equipment and fixtures 380,871 359,957 Buildings and leasehold improvements 94,426 88,592 Capitalized software 87,752 83,815 Construction in progress 53,335 64,822 Land 11,591 9,612 Total property, plant and equipment 2,072,527 1,837,440 Less accumulated depreciation (1,269,144 ) (1,217,819 ) Property, plant and equipment, net $ 803,383 $ 619,621

Note 5 - Goodwill and Intangi23

Note 5 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	June 30, 2017 Useful Gross Net Life Carrying Accumulated Carrying Range (years) Amount Amortization Amount Amortized Intangible Assets Cable franchise renewals and access rights 1 - 25 $ 4,138 $ 3,840 $ 298 Customer relationships 14 $ 155,000 $ 1,845 $ 153,155 NewWave trademark and trade name 1 $ 1,300 $ 217 $ 1,083 Indefinite-Lived Intangible Assets (Excluding Goodwill) Franchise agreements $ 817,137 December 31, 2016 Useful Gross Net Life Carrying Accumulated Carrying Range (years) Amount Amortization Amount Amortized Intangible Assets Cable franchise renewals and access rights 1 - 25 $ 4,138 $ 3,794 $ 344 Indefinite-Lived Intangible Assets (Excluding Goodwill) Franchise agreements $ 497,136

Note 6 - Long-term Debt (Tables

Note 6 - Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	June 30 , 201 7 December 31, 201 6 Notes $ 450,000 $ 450,000 Senior Credit Facilities 750,000 95,000 Capital lease obligation 276 284 Total debt 1,200,276 545,284 Less unamortized debt issuance costs (21,568 ) (8,148 ) Less current portion of long-term debt (11,250 ) (6,250 ) Total Long-term debt $ 1,167,458 $ 530,886
Schedule of Maturities of Long-term Debt [Table Text Block]	Years Ending December 31 , Amount 2017 (remaining months) $ 5,633 2018 14,392 2019 20,642 2020 26,892 2021 30,017 Thereafter 1,102,700 Total $ 1,200,276

Note 7 - Fair Value Measureme25

Note 7 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	June 30, 2017 Carrying Fair Amount Value Assets: Money market investments $ 32,248 $ 32,248 Commercial paper $ 39,957 $ 39,942 Long-term debt, including current portion : Notes $ 450,000 $ 473,625 Senior Credit Facilities $ 750,000 $ 750,000

Note 9 - Equity-based Compens26

Note 9 - Equity-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Weighted Average Grant Date Restricted Fair Value Stock Per Share Outstanding as of December 31, 2016 38,425 $ 402.21 Granted 15,660 $ 624.42 Granted due to performance achievement 5,006 $ 433.66 Forfeited (3,992 ) $ 418.58 Vested (1,693 ) $ 436.29 Outstanding as of June 30, 2017 53,406 $ 466.62 Vested and unissued as of June 30, 2017 3,175 $ 436.06
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]	Stock Appreciation Rights Weighted Average Exercise Price Weighted Average Fair Aggregate Intrinsic Value ( in thousands ) Weighted Average Remaining Contractual Term (in y ears) Outstanding as of December 31, 2016 136,000 $ 426.80 $ 88.07 $ 26,510 8.7 Granted 21,572 $ 620.64 $ 138.01 $ - 9.5 Exercised (6,775 ) $ 422.31 $ 87.22 Forfeited (8,700 ) $ 422.31 $ 87.22 Outstanding as of June 30, 2017 142,097 $ 456.72 $ 95.74 $ 36,118 8.4 Vested and exercisable as of June 30, 2017 24,150 $ 422.81 $ 87.33 $ 6,957 8.2
Schedule of Share-based Payment Award, Other than Options, Valuation Assumptions [Table Text Block]	2017 Expected volatility 20.90 % Risk-free interest rate 2.14 % Expected term (in years) 6.25 Expected dividend yield 0.96 %

Note 11 - Net Income Per Share

Note 11 - Net Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 201 7 201 6 2017 2016 Numerator: Net income $ 28,576 $ 26,633 $ 61,790 $ 53,677 Denominator: Weighted average common shares outstanding - basic 5,678,394 5,743,465 5,677,411 5,769,859 Effect of dilutive equity awards (1) 67,223 22,847 63,426 18,526 Weighted average common shares outstanding - diluted 5,745,617 5,766,312 5,740,837 5,788,385 Net income per share: Basic $ 5.03 $ 4.64 $ 10.88 $ 9.30 Diluted $ 4.97 $ 4.62 $ 10.76 $ 9.27

Note 1 - Description of Busin28

Note 1 - Description of Business and Basis of Presentation (Details Textual) $ in Millions	May 01, 2017USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)
Number of States in which Entity Operates		21	21
Number of Reportable Segments			1
Reduction in Expense Due to Change in Capitalized Labor Accounting Estimate [Member]
Change in Accounting Estimate, Impact		$ 5.1	$ 11
New Wave [Member]
Payments to Acquire Businesses, Gross	$ 741

Note 2 - NewWave Acquisition (D

Note 2 - NewWave Acquisition (Details Textual) - USD ($) $ in Thousands	May 01, 2017	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Goodwill		$ 178,374	$ 178,374	$ 178,374	$ 84,928
New Wave [Member]
Payments to Acquire Businesses, Gross	$ 741,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	13 years 328 days
Goodwill, Acquired During Period				93,400
Goodwill	$ 93,446
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		32,200
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		2,100
Amortization of Intangible Assets		$ 2,100
New Wave [Member] | Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs			$ 3,200	$ 4,700

Note 2 - NewWave Acquisition -

Note 2 - NewWave Acquisition - Allocation of Purchase Price Consideration (Details) - USD ($) $ in Thousands	Jun. 30, 2017	May 01, 2017	Dec. 31, 2016
Liabilities
Goodwill	$ 178,374		$ 84,928
New Wave [Member]
Assets
Cash and cash equivalents		$ 12,220
Accounts receivable		15,027
Prepaid assets		1,184
Property, plant and equipment		192,234
Intangibles		476,300
Other assets		370
Total		697,335
Liabilities
Accounts payable and accrued liabilities		24,542
Deferred revenue		14,516
Deferred income taxes		10,720
Total		49,778
Net assets acquired		647,557
Purchase price consideration		741,003
Goodwill		$ 93,446

Note 2 - NewWave Acquisition 31

Note 2 - NewWave Acquisition - Acquired Intangible Assets (Details) - New Wave [Member] $ in Millions	May 01, 2017USD ($)
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	13 years 328 days
Customer Relationships [Member]
Acquired intangible assets	$ 155
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	14 years
Trademarks and Trade Names [Member]
Acquired intangible assets	$ 1.3
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	1 year
Franchise Rights [Member]
Acquired intangible assets	$ 320

Note 2 - NewWave Acquisition 32

Note 2 - NewWave Acquisition - Pro Forma Information (Details) - New Wave [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues	$ 257,195	$ 249,790	$ 512,385	$ 496,950
Net income	$ 30,585	$ 23,922	$ 63,525	$ 47,550
Basic (in dollars per share)	$ 5.39	$ 4.17	$ 11.19	$ 8.24
Diluted (in dollars per share)	$ 5.32	$ 4.15	$ 11.07	$ 8.21

Note 3 - Revenues (Details Text

Note 3 - Revenues (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Franchise Costs	$ 4	$ 3.6	$ 7.5	$ 7.2

Note 3 - Revenues - Revenues by

Note 3 - Revenues - Revenues by Product Line (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Advertising sales	$ 5,970	$ 6,616	$ 11,592	$ 13,619
Other	3,084	2,459	5,404	4,828
Total revenues	241,042	204,557	448,469	407,362
Data [Member]
Revenues	103,155	86,031	193,356	169,470
Video [Member]
Revenues	84,873	74,016	157,328	148,869
Voice [Member]
Revenues	11,417	10,944	21,284	22,258
Commercial [Member]
Revenues	$ 32,543	$ 24,491	$ 59,505	$ 48,318

Note 4 - Property, Plant and 35

Note 4 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Depreciation		$ 44.8	$ 34.7	$ 83.2	$ 69.3
Other Assets [Member]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment		$ 4.6		$ 4.6
Headquarters Building and Adjoining Property [Member]
Proceeds from Sale of Property Held-for-sale	$ 10.1
Gain (Loss) on Disposition of Property Plant Equipment	$ 6.6

Note 4 - Property, Plant and 36

Note 4 - Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property, plant and equipment gross	$ 2,072,527	$ 1,837,440
Less accumulated depreciation	(1,269,144)	(1,217,819)
Property, plant and equipment, net	803,383	619,621
Other Capitalized Property Plant and Equipment [Member]
Property, plant and equipment gross	1,243,192	1,048,790
Equipment [Member]
Property, plant and equipment gross	201,360	181,852
Furniture and Fixtures [Member]
Property, plant and equipment gross	380,871	359,957
Building and Leasehold Improvements[Member]
Property, plant and equipment gross	94,426	88,592
Software and Software Development Costs [Member]
Property, plant and equipment gross	87,752	83,815
Construction in Progress [Member]
Property, plant and equipment gross	53,335	64,822
Land [Member]
Property, plant and equipment gross	$ 11,591	$ 9,612

Note 5 - Goodwill and Intangi37

Note 5 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Goodwill	$ 178,374	$ 84,928

Note 5 - Goodwill and Intangi38

Note 5 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Franchise Rights [Member]
Gross Carrying Amount, Indefinite-lived Intangible Assets	$ 817,137	$ 497,136
Use Rights [Member]
Gross Carrying Amount	4,138	4,138
Accumulated Amortization	3,840	3,794
Net Carrying Amount	298	$ 344
Customer Relationships [Member]
Gross Carrying Amount	155,000
Accumulated Amortization	1,845
Net Carrying Amount	$ 153,155
Useful Life (Year)	14 years
Trademarks and Trade Names [Member]
Gross Carrying Amount	$ 1,300
Accumulated Amortization	217
Net Carrying Amount	$ 1,083
Useful Life (Year)	1 year
Minimum [Member] | Use Rights [Member]
Useful Life (Year)	1 year	1 year
Maximum [Member] | Use Rights [Member]
Useful Life (Year)	25 years	25 years

Note 6 - Long-term Debt (Detail

Note 6 - Long-term Debt (Details Textual) $ in Thousands	May 01, 2017USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Jun. 17, 2015USD ($)
Debt Issuance Costs, Net			$ 21,568		$ 8,148
Write off of Deferred Debt Issuance Cost			613
Secured Debt [Member]
Debt Instrument, Face Amount	$ 750,000
Debt Issuance Costs, Net			15,200
Write off of Deferred Debt Issuance Cost			$ 600
Optional Additional Available Credit Facilities	$ 425,000
Debt Instrument, Covenant, Maximum First Lien Net Leverage Ratio	1.8
Secured Debt [Member] | Incremental Term Loan A [Member]
Debt Instrument, Interest Rate, Effective Percentage			2.93%
Debt Instrument, Face Amount	$ 250,000
Debt Instrument, Term	5 years
Long-term Debt, Gross			$ 250,000
Long Term Debt, Amortization Rate, First Twelve Months	2.50%
Long Term Debt, Amortization Rate, Year Two	5.00%
Long Term Debt, Amortization Rate, Year Three	7.50%
Long Term Debt, Amortization Rate, Year Four	10.00%
Long Term Debt, Amortization Rate, Year Five	10.00%
Secured Debt [Member] | Incremental Term Loan B [Member]
Debt Instrument, Interest Rate, Effective Percentage			3.43%
Debt Instrument, Face Amount	$ 500,000
Debt Instrument, Term	7 years
Debt Instrument, Prepayment Penalty, Prepaid within Six Months, Percent	1.00%
Long-term Debt, Gross			$ 500,000
Debt Instrument, Amortization Percent on a Quarterly Basis	1.00%
Secured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | Incremental Term Loan B [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Secured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Incremental Term Loan A [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Secured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Incremental Term Loan A [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Secured Debt [Member] | Base Rate [Member] | Incremental Term Loan B [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Secured Debt [Member] | Base Rate [Member] | Minimum [Member] | Incremental Term Loan A [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Secured Debt [Member] | Base Rate [Member] | Maximum [Member] | Incremental Term Loan A [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Senior Unsecured Notes Due 2022 [Member]
Debt Instrument, Face Amount						$ 450,000
Debt Instrument, Interest Rate, Stated Percentage						5.75%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member]
Letters of Credit Outstanding, Amount			$ 2,800
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | Minimum [Member]
Line of Credit Facility, Commitment Fee Percentage			0.25%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | Maximum [Member]
Line of Credit Facility, Commitment Fee Percentage			0.40%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			1.50%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			2.25%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			0.50%
Senior Credit Facilities Due 2020 [Member] | JPMorgan Chase Bank [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			1.25%
Senior Credit Facilities Due 2020 [Member] | Revolving Credit Facility [Member] | JPMorgan Chase Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 200,000
Line of Credit Facility, Remaining Borrowing Capacity			$ 197,200
Debt Instrument, Term		5 years
Senior Credit Facilities Due 2020 [Member] | Secured Debt [Member] | JPMorgan Chase Bank [Member]
Debt Instrument, Term		5 years
Long-term Debt, Gross		$ 100,000
Senior Credit Facilities Due 2020 [Member] | Letter of Credit [Member] | JPMorgan Chase Bank [Member]
Debt Instrument, Interest Rate, Effective Percentage			1.625%

Note 6 - Long-term Debt - Sched

Note 6 - Long-term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Capital lease obligation	$ 276	$ 284
Total debt	1,200,276	545,284
Less unamortized debt issuance costs	(21,568)	(8,148)
Less current portion of long-term debt	(11,250)	(6,250)
Total Long-term debt	1,167,458	530,886
Senior Unsecured Notes Due 2022 [Member]
Notes	450,000	450,000
Senior Credit Facilities Due 2020 [Member] | Term Loan [Member]
Long-term Debt, Gross	$ 750,000	$ 95,000

Note 6 - Long-term Debt - Futur

Note 6 - Long-term Debt - Future Maturities (Details) $ in Thousands	Jun. 30, 2017USD ($)
2017 (remaining months)	$ 5,633
2,018	14,392
2,019	20,642
2,020	26,892
2,021	30,017
Thereafter	1,102,700
Total	$ 1,200,276

Note 7 - Fair Value Measureme42

Note 7 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Deferred Compensation Liability, Current and Noncurrent	$ 17.9	$ 18.2

Note 7 - Fair Value Measureme43

Note 7 - Fair Value Measurements - Carrying Amounts and Fair Values (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets, carrying amount	$ 89,793	$ 138,040
Notes [Member]
Long-term debt, including current portion, fair value	473,625
Long-term debt, including current portion, carrying amount	450,000
Senior Credit Facilities Due 2020 [Member]
Long-term debt, including current portion, fair value	750,000
Long-term debt, including current portion, carrying amount	750,000
Money Market Funds [Member]
Assets, carrying amount	32,248
Assets, fair value	32,248
Commercial Paper [Member]
Assets, carrying amount	39,957
Assets, fair value	$ 39,942

Note 8 - Treasury Stock (Detail

Note 8 - Treasury Stock (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		24 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jul. 02, 2015
Stock Repurchase Program, Authorized Amount						$ 250,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased						600,000
Treasury Stock, Shares, Acquired		700		165,633
Treasury Stock, Value, Acquired, Cost Method		$ 399		$ 73,100
Payments Related to Tax Withholding for Share-based Compensation	$ 100	$ 438
Shares Paid for Tax Withholding for Share Based Compensation	149	666
Treasury Stock, Shares	162,804	162,804		162,804	179,676

Note 9 - Equity-based Compens45

Note 9 - Equity-based Compensation (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)	Jun. 05, 2015shares
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			$ 3,700,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	$ 6,300,000		6,300,000
Allocated Share-based Compensation Expense	2,400,000	$ 3,400,000	$ 4,800,000	$ 6,500,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Allocated Share-based Compensation Expense	1,600,000		$ 3,300,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	9,800,000		$ 9,800,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			1 year 109 days
Share-based Compensation Arrangements by Share-based Payment Award, Vesting Period, Number of Installments			4
Annual Retainer	75,000		$ 75,000
Additional Annual Retainer	$ 125,000		$ 125,000
Restricted Stock Units (RSUs) [Member] | Non-employee Directors [Member
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			1 year
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Vested and Deferred, Number | shares	3,175		3,175
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
Allocated Share-based Compensation Expense	$ 800,000		$ 1,500,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 8,900,000		$ 8,900,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			1 year 146 days
Share-based Compensation Arrangements by Share-based Payment Award, Vesting Period, Number of Installments			4
The 2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares	331,552		331,552
The 2015 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares					334,870
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Number of Shares Authorized for Incentive Stock Options | shares					329,962

Note 9 - Equity-based Compens46

Note 9 - Equity-based Compensation - Summary of Restricted Stock (Details) - Restricted Stock and Restricted Stock Units [Member]	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Unvested, restricted stock (in shares) | shares	38,425
Unvested, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 402.21
Granted, stock appreciation rights (in shares) | shares	15,660
Granted, weighted average fair value (in dollars per share) | $ / shares	$ 624.42
Granted due to performance achievement (in shares) | shares	5,006
Granted due to performance achievement (in dollars per share) | $ / shares	$ 433.66
Forfeited, stock appreciation rights (in shares) | shares	(3,992)
Forfeited, weighted average fair value (in dollars per share) | $ / shares	$ 418.58
Unvested, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 466.62
Vested and unissued, restricted stock (in shares) | shares	3,175
Vested and unissued, weighted average grant date fair value (in dollars per share) | $ / shares	$ 436.06
Vested, restricted stock (in shares) | shares	(1,693)
Vested, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 436.29
Unvested, restricted stock (in shares) | shares	53,406

Note 9 - Equity-based Compens47

Note 9 - Equity-based Compensation - Summary of Stock Appreciation Rights (Details) - Stock Appreciation Rights (SARs) [Member] - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Outstanding, stock appreciation rights (in shares)	136,000
Outstanding, weighted average exercise price (in dollars per share)	$ 426.80
Outstanding, Beginning Balance, weighted average fair value (in dollars per share)	88.07
Outstanding, Beginning Balance, weighted average fair value (in dollars per share)	$ 95.74	$ 88.07
Outstanding, aggregate intrinsic value	$ 36,118	$ 26,510
Weighted Average Remaining Contractual Term, Outstanding (Year)	8 years 146 days	8 years 255 days
Granted, stock appreciation rights (in shares)	21,572
Granted, weighted average exercise price (in dollars per share)	$ 620.64
Granted, weighted average fair value (in dollars per share)	$ 138.01
Weighted Average Remaining Contractual Term, Granted (Year)	9 years 182 days
Exercised, stock appreciation rights (in shares)	(6,775)
Exercised, weighted average exercise price (in dollars per share)	$ 422.31
Exercised, weighted average fair value (in dollars per share)	87.22
Outstanding, weighted average exercise price (in dollars per share)	$ 456.72	$ 426.80
Forfeited, stock appreciation rights (in shares)	(8,700)
Vested and exercisable, stock appreciation rights (in shares)	24,150
Forfeited, weighted average exercise price (in dollars per share)	$ 422.31
Forfeited, weighted average fair value (in dollars per share)	87.22
Vested and exercisable, weighted average exercise price (in dollars per share)	422.81
Vested and exercisable, weighted average fair value (in dollars per share)	$ 87.33
Vested and exercisable, aggregate intrinsic value	$ 6,957
Outstanding, stock appreciation rights (in shares)	142,097	136,000
Weighted Average Remaining Contractual Term, Vested and exercisable (Year)	8 years 73 days

Note 9 - Equity-based Compens48

Note 9 - Equity-based Compensation - Stock Appreciation Rights, Fair Value Assumptions (Details) - Stock Appreciation Rights (SARs) [Member]	6 Months Ended
	Jun. 30, 2017
Expected volatility	20.90%
Risk-free interest rate	2.14%
Expected term (in years) (Year)	6 years 91 days
Expected dividend yield	0.96%

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Effective Income Tax Rate Reconciliation, Percent	38.60%	38.30%	37.90%	35.70%
Income Tax Benefits Due to Certain Spin-off and State Tax Items			$ 2.2

Note 11 - Net Income Per Shar50

Note 11 - Net Income Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,477	12,098	1,438	6,830

Note 11 - Net Income Per Shar51

Note 11 - Net Income Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income		$ 28,576	$ 26,633	$ 61,790	$ 53,677
Basic (in shares)		5,678,394	5,743,465	5,677,411	5,769,859
Effect of dilutive equity awards (in shares)	[1]	67,223	22,847	63,426	18,526
Weighted average common shares outstanding - diluted (in shares)		5,745,617	5,766,312	5,740,837	5,788,385
Net income per common share:
Basic (in dollars per share)		$ 5.03	$ 4.64	$ 10.88	$ 9.30
Diluted (in dollars per share)		$ 4.97	$ 4.62	$ 10.76	$ 9.27
[1]	SARs outstanding that were not included in the diluted net income per share calculation because the effect would have been anti-dilutive were 2,477 and 12,098 for the three months ended June 30, 2017 and 2016, respectively, and 1,438 and 6,830 for the six months ended June 30, 2017 and 2016, respectively.

Note 12 - Commitments and Con52

Note 12 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
GHC [Member]
Employee Medical and Worker's Compensation Claims Expense	$ 0.1	$ 0.3