Cable One (CABO) 10-Q 8 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 03, 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)		5,729,380
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 118,701	$ 138,040
Accounts receivable, net	54,085	32,526
Income tax receivable	18,127	4,547
Prepaid assets	12,053	10,824
Total Current Assets	202,966	185,937
Property, plant and equipment, net	810,393	619,621
Intangibles, net	968,557	497,480
Goodwill	177,809	84,928
Other assets	5,508	9,305
Total Assets	2,165,233	1,397,271
Current Liabilities:
Accounts payable and accrued liabilities	101,310	82,703
Deferred revenue	37,158	22,190
Long-term debt - current portion	12,813	6,250
Total Current Liabilities	151,281	111,143
Long-term debt	1,164,070	530,886
Deferred income taxes	298,324	276,297
Accrued compensation and other liabilities	25,934	24,434
Total Liabilities	1,639,609	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 5,728,358 and 5,708,223 shares outstanding as of September 30, 2017 and December 31, 2016, respectively)	60	59
Additional paid-in capital	25,590	17,669
Retained earnings	577,892	511,776
Accumulated other comprehensive loss	(441)	(446)
Treasury stock, at cost (159,541 and 179,676 shares held as of September 30, 2017 and December 31, 2016, respectively)	(77,477)	(74,547)
Total Stockholders' Equity	525,624	454,511
Total Liabilities and Stockholders' Equity	$ 2,165,233	$ 1,397,271

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 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)	5,728,358	5,708,223
Treasury stock, shares (in shares)	159,541	179,676

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues	$ 253,846	$ 205,536	$ 702,315	$ 612,898
Costs and expenses
Operating (excluding depreciation and amortization)	91,894	75,631	245,026	227,731
Selling, general and administrative	51,968	48,807	148,695	136,182
Depreciation and amortization	45,580	36,218	130,875	105,600
(Gain) loss on disposal of assets	2,506	1,060	(3,180)	1,625
Total operating costs and expenses	191,948	161,716	521,416	471,138
Income from operations	61,898	43,820	180,899	141,760
Interest expense	(14,019)	(7,529)	(33,408)	(22,633)
Other income (expense), net	278	4,329	243	5,023
Income before income taxes	48,157	40,620	147,734	124,150
Provision for income taxes	16,643	19,746	54,430	49,598
Net income	31,514	20,874	93,304	74,552
Other comprehensive gain (loss), net of tax	1	28	5	83
Comprehensive income	$ 31,515	$ 20,902	$ 93,309	$ 74,635
Net income per common share:
Basic (in dollars per share)	$ 5.55	$ 3.65	$ 16.43	$ 12.96
Diluted (in dollars per share)	$ 5.48	$ 3.63	$ 16.24	$ 12.91
Weighted average common shares outstanding:
Basic (in shares)	5,680,600	5,720,257	5,678,485	5,753,204
Diluted (in shares)	5,753,910	5,755,161	5,745,783	5,776,504

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2017 - USD ($) $ in Thousands	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			93,304			93,304
Changes in pension, net of tax					5	5
Equity-based compensation (in shares)
Equity-based compensation		7,921				7,921
Issuance of equity awards, net of forfeitures (in shares)	24,292
Issuance of equity awards, net of forfeitures	$ 1					1
Repurchases of common stock (in shares)	(700)
Repurchases of common stock				(399)		$ (399)
Withholding tax for equity awards (in shares)	(3,457)					(3,457)
Withholding tax for equity awards				(2,531)		$ (2,531)
Dividends paid to stockholders			(27,188)			(27,188)
Balance (in shares) at Sep. 30, 2017	5,728,358
Balance at Sep. 30, 2017	$ 60	$ 25,590	$ 577,892	$ (77,477)	$ (441)	$ 525,624

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income	$ 93,304	$ 74,552
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	130,875	105,600
Amortization of debt issuance costs	2,183	1,233
Equity-based compensation	7,921	9,653
Write-off of debt issuance costs	613
Gain on sale of cable system		(4,165)
Deferred income taxes	11,307	563
(Gain) loss on disposal of assets	(3,180)	1,625
Changes in operating assets and liabilities:
Accounts receivable, net	(6,532)	3,737
Income tax receivable	(13,580)
Prepaid assets	884	(4,292)
Accounts payable and accrued liabilities	(6,618)	6,433
Deferred revenue	452	(460)
Income taxes payable		(2,938)
Other assets and liabilities, net	2,159	2,031
Net cash provided by operating activities	219,788	193,572
Cash flows from investing activities:
Purchase of business, net of cash acquired	(727,947)
Capital expenditures	(128,830)	(91,343)
Change in accrued expenses related to capital expenditures	1,982	(17,706)
Proceeds from sale of cable system, net		6,752
Acquisition of cable system		(760)
Proceeds from sales of property, plant and equipment	11,334	377
Net cash used in investing activities	(843,461)	(102,680)
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	(97,825)	(2,512)
Repurchases of common stock	(399)	(56,141)
Payment of withholding tax for equity awards	(2,531)
Dividends paid to stockholders	(27,188)	(25,874)
Cash overdraft	(2,499)	(1,863)
Net cash provided by (used in) financing activities	604,334	(86,390)
Change in cash and cash equivalents	(19,339)	4,502
Cash and cash equivalents, beginning of period	138,040	119,199
Cash and cash equivalents, end of period	118,701	123,701
Supplemental cash flow disclosures:
Cash paid for interest	20,437	14,781
Cash paid for income taxes	$ 57,397	$ 51,372

Note 1 - Description of Busines

Note 1 - Description of Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Description of Business. Cable One, Inc. (“Cable One” or the “Company”) owns and operates cable systems that provide data, video and voice services to residential and commercial subscribers in 21 July 1, 2015, September 30, 2017, 637,653 370,713 135,515 May 1, 2017, $740.2 2 Unless otherwise stated or the context otherwise indicates, all references in this Quarterly Report on Form 10 “Company” refer to Cable One, Inc. and its wholly owned subsidiaries. Basis of Presentation. The accompanying condensed consolidated financial statements have been prepared in accordance with: (i) generally accepted accounting principles in the United States (“GAAP”) for interim financial information; and (ii) the guidance of Rule 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. The accompanying condensed consolidated financial statements include the accounts of the Company, including its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Segment Reporting. Accounting Standard Codification (“ASC”) 280 Segment Reporting 280 one Use of Estimates. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported herein. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may Change in Accounting Estimate. As a result of additional information available from new systems and processes, the Company changed its accounting estimate related to the capitalization of certain internal labor and related costs associated with construction and customer installation activities beginning in the first 2017. $6.2 third 2017 third 2016 $17.2 nine September 30, 2017 Recently Adopted and Issued Accounting Pronouncements. In 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 201 6, 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 not not not

Note 2 - NewWave Acquisition

Note 2 - NewWave Acquisition	9 Months Ended
	Sep. 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 $740.2 May 1, 2017. 6 The Company accounted for the NewWave acquisition as a business combination pursuant to ASC 805 Business Combinations not three nine September 30, 2017, $0.6 $5.3 In accordance with ASC 805, the Company uses its best estimates and assumptions to assign fair value to the tangible and intangible assets acquired and liabilities assumed at the acquisition date. The adjustments described below were developed based on management's assumptions and estimates, including assumptions relating to the consideration paid and the allocation thereof to the assets acquired and liabilities assumed from NewWave based on preliminary estimates of fair value. The preliminary estimates of the fair values of consideration transferred and assets acquired and liabilities assumed are based on the information that was available as of the acquisition date. The Company believes that the information available provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed. The preliminary measurements of fair value set forth herein are subject to change and such changes could be material. During the third 2017, $0.9 $1.2 $0.8 $0.6 no one Provisional Allocation Assets Cash and cash equivalents $ 12,220 Accounts receivable 15,027 Prepaid assets 2,113 Property, plant and equipment 192,234 Intangible s 476,300 Other assets 370 Total 698,264 Liabilities Accounts payable and accrued liabilities 25,742 Deferred revenue 14,516 Deferred income taxes 10,720 Total 50,978 Net assets acquired 647,286 Purchase price consideration 740,166 Goodwill recognized $ 92,880 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 $ 92.9 $177.8 not not T he Company recognized revenues of $47.5 $79.7 $2.8 $4.9 three nine September 30, 2017, $3.1 $5.2 The following unaudited pro forma condensed combined results of operations for the three nine September 30, 2017 2016 January 1, 2016 Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Revenues $ 253,846 $ 250,644 $ 766,231 $ 747,593 Net income $ 31,514 $ 18,558 $ 95,326 $ 66,028 Net income per common share: Basic $ 5.55 $ 3.24 $ 16.79 $ 11.48 Diluted $ 5.48 $ 3.22 $ 16.59 $ 11.43 The unaudited pro forma condensed combined results of operations is provided for informational purposes only and is not January 1, 2016 may

Note 3 - Revenues

Note 3 - Revenues	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Residential Data $ 109,340 $ 86,797 $ 302,696 $ 256,267 Video 88,601 73,841 245,928 222,710 Voice 11,265 10,475 32,549 32,733 Business services 35,168 25,406 94,673 73,724 Advertising sales 5,885 6,460 17,477 20,079 Other 3,587 2,557 8,992 7,385 Total revenues $ 253,846 $ 205,536 $ 702,315 $ 612,898 The amount of franchise fees recorded on a gross basis and included in residential video revenues above was $4.1 $3.6 three September 30, 2017 2016, $11.6 $10.7 nine September 30, 2017 2016,

Note 4 - Property, Plant and Eq

Note 4 - Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	4 . PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist ed of the following (in thousands): September 30, 2017 December 31, 2016 Cable distribution systems $ 1,257,762 $ 1,048,790 Customer premise equipment 200,961 181,852 Other equipment and fixtures 379,205 359,957 Buildings and leasehold improvements 95,359 88,592 Capitalized software 88,651 83,815 Construction in progress 59,976 64,822 Land 11,593 9,612 Total property, plant and equipment 2,093,507 1,837,440 Less accumulated depreciation (1,283,114 ) (1,217,819 ) Property, plant and equipment, net $ 810,393 $ 619,621 Depreciation expense was $42.5 $36.2 three September 30, 2017 2016, $125.6 $105.6 nine September 30, 2017 2016, The Company's previous headquarters building and adjoining property were held for sale at December 31, 2016. January 2017, a portion of this property for $10.1 $6.6 $4.6 September 30, 2017.

Note 5 - Goodwill and Intangibl

Note 5 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	5 . GOODWILL AND INTANGIBLE ASSETS The carrying amount of goodwill at September 30, 2017 December 31, 2016 $177.8 $84.9 May 1, 2017. not Intangible assets (excluding goodwill) consisted of the following (dollars in thousands): September 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 $ 3,863 $ 275 Customer relationships 14 $ 155,000 $ 4,613 $ 150,387 NewWave trademark and trade name 1 $ 1,300 $ 542 $ 758 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 Amortization expense was $3.1 $0.1 three September 30, 2017 2016, $5.2 $0.1 nine September 30, 2017 2016,

Note 6 - Long-term Debt

Note 6 - Long-term Debt	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Long-term Debt [Text Block]	6 . LONG-TERM DEBT The carrying amount of long-term debt as of September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 Notes $ 450,000 $ 450,000 Senior Credit Facilities 747,188 95,000 Capital lease obligation 271 284 Total debt 1,197,459 545,284 Less unamortized debt issuance costs (20,576 ) (8,148 ) Less current portion of long-term debt (12,813 ) (6,250 ) Total Long-term debt $ 1,164,070 $ 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. ’s assets. The Indenture also provides for customary events of default (subject, in certain cases, to customary grace periods). Senior Credit Facilities. On 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 $3.1 September 30, 2017 1.75% $196.9 September 30, 2017. On May 1, 2017, a Restatement Agreement (the “Restatement Agreement”) with JPMorgan, as administrative agent, and the lenders party thereto, pursuant to which the Company amended and restated the Credit Agreement (as so amended and restated, the “Amended and Restated Credit Agreement”) and incurred $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 September 30, 2017, $248.4 $498.8 3.07% 3.57% In connection with the New Loans, the Company incurred $15.2 $0.6 June 30, 2017. $20.6 $8.1 September 30, 2017 December 31, 2016, The Company may, Amended and Restated Credit Agreement, obtain additional credit facilities of up to $425 no 1.80 1.00. first The Company was in compliance with all debt covenants as of September 30, 2017. As of September 30, 2017, Years Ending December 31, Amount 2017 (remaining months) $ 2,817 2018 14,392 2019 20,642 2020 26,892 2021 30,017 Thereafter 1,102,699 Total $ 1,197,459

Note 7 - Fair Value Measurement

Note 7 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	7 . FAIR VALUE MEASUREMENTS The Company ’s deferred compensation liabilities were $19.3 $18.2 September 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 September 30, 2017 September 30, 2017 Carrying Fair Amount Value Assets: Money market investments $ 25,038 $ 25,038 Commercial paper $ 84,879 $ 84,856 Long-term debt, including current portion : Notes $ 450,000 $ 471,375 Senior Credit Facilities $ 747,188 $ 747,188 Money market investments are included in Cash and cash equivalents in the Condensed Consolidated Balance Sheets. Commercial paper investments with original maturities of 90 1 2 2 2

Note 8 - Treasury Stock

Note 8 - Treasury Stock	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Treasury Stock [Text Block]	8 . TREASURY STOCK Share Repurchase Program. On July 1, 2015, $250 600,000 may September 30, 2017, 165,633 $73.1 2017, 700 $0.4 first Tax Withholding for Equity Awards . three nine September 30, 2017 $2.1 $2.5 2,791 3,457 159,541 September 30, 2017

Note 9 - Equity-based Compensat

Note 9 - Equity-based Compensation	9 Months Ended
	Sep. 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 Original 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 specified corporate events, the maximum number of shares of Company common stock that may 2015 334,870, 2015 May 2, 2017, no 329,962 may September 30, 2017, 316,549 2015 Restricted Stock Awards. The Company has granted restricted shares of Company common stock subject to service-based and performance-based vesting conditions to employees of the Company. Restricted share awards generally cliff-vest on the 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 September 30, 2017 $75,000 $125,000 first one 2017 2017 September 30, 2017, 3,178 Restricted shares, RSUs and DEUs are collectively referred to as “restricted stock.” A summary of restricted stock activities is as follows: Weighted Average Grant Date Restricted Fair Value Stock Per Share Outstanding as of December 31, 2016 38,425 $ 402.21 Granted 16,821 $ 631.10 G ranted due to performance achievement 5,006 $ 433.66 Forfeited (4,943 ) $ 437.17 Vested (3,163 ) $ 415.39 Outstanding as of September 30, 2017 52,146 $ 473.61 Vested and unissued as of September 30, 2017 3,178 $ 436.37 Compensation expense associated with restricted stock is recognized on a straight-line basis over the vesting period. Equity-based compensation expense for restricted stock was $2.2 $5.5 three nine September 30, 2017, September 30, 2017, $8.8 1.0 Stock Appreciation Rights. The Company has granted SARs to certain executives and other employees of the Company. The SARs are scheduled to vest in 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 Value 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 24,432 $ 632.15 $ 140.44 $ - 9.3 Exercised (21,450 ) $ 422.31 $ 87.22 Forfeited (11,652 ) $ 422.31 $ 87.22 Outstanding as of September 30, 2017 127,330 $ 467.37 $ 98.34 $ 32,437 8.2 Vested and exercisable as of September 30, 2017 39,673 $ 422.61 $ 87.29 $ 11,882 7.9 The fair value of the SARs was measured based on the Black-Scholes model. The weighted average inputs used in the model for grants awarded during the nine September 30, 2017 2017 Expected volatility 20.83 % Risk-free interest rate 2.13 % Expected term (in years) 6.25 Expected dividend yield 0.95 % Compensation expense associated with SARs is recognized on a straight-line basis over the vesting period. Equity-based compensation expense for SARs was $0.9 $2.4 three nine September 30, 2017, September 30, 2017, $8.2 1.5 Compensation Expense . $3.1 $3.2 three September 30, 2017 2016, $7.9 $9.7 nine September 30, 2017 2016, $2.0 nine September 30, 2017. $6.8 September 30, 2017.

Note 10 - Income Taxes

Note 10 - Income Taxes	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10 . INCOME TAXES The Company ’s effective tax rate was 34.6% 48.6% three September 30, 2017 2016, 36.8% 40.0% nine September 30, 2017 2016, three September 30, 2017 $4.1 $0.7 third 2016, $1.7 third 2017. nine September 30, 2017 $2.6 2016 $1.7 2017.

Note 11 - Net Income Per Share

Note 11 - Net Income Per Share	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	1 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 September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Numerator: Net income $ 31,514 $ 20,874 $ 93,304 $ 74,552 Denominator: Weighted average common shares outstanding - basic 5,680,600 5,720,257 5,678,485 5,753,204 Effect of dilutive equity awards (1) 73,310 34,904 67,298 23,300 Weighted average common shares outstanding - diluted 5,753,910 5,755,161 5,745,783 5,776,504 Net income per share: Basic $ 5.55 $ 3.65 $ 16.43 $ 12.96 Diluted $ 5.48 $ 3.63 $ 16.24 $ 12.91 ( 1 SARs outstanding that were not 2,669 0 three September 30, 2017 2016, 2,354 12,787 nine September 30, 2017 2016,

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 2 . COMMITMENTS AND CONTINGENCIES Litigation and Legal Matters. The Company is subject to complaints and administrative proceedings and is a defendant in various civil lawsuits that have arisen in the ordinary course of its business. Such matters include: contract disputes; actions alleging negligence; invasion of privacy; trademark, copyright and patent infringement; violations of applicable wage and hour laws; statutory or common law claims involving current and former employees; and other matters. Although the outcomes of the legal claims and proceedings against the Company cannot be predicted with certainty, based on currently available information, management believes that there are no not not Regulation in the Cable Industry. The operation of a cable system is extensively regulated by the Federal Communications Commission (the “FCC”), some state governments and most local governments. The FCC has the authority to enforce its regulations through the imposition of substantial fines, the issuance of cease and desist orders and/or the imposition of other administrative sanctions, such as the revocation of FCC licenses needed to operate certain transmission facilities used in connection with cable operations. The Telecommunications Act of 1996 GHC Agreements. On June 16, 2015, $0.1 $0.3 three nine September 30, 2017,

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation. The accompanying condensed consolidated financial statements have been prepared in accordance with: (i) generally accepted accounting principles in the United States (“GAAP”) for interim financial information; and (ii) the guidance of Rule 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. The accompanying condensed consolidated financial statements include the accounts of the Company, including its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Segment Reporting, Policy [Policy Text Block]	Segment Reporting. Accounting Standard Codification (“ASC”) 280 Segment Reporting 280 one
Use of Estimates, Policy [Policy Text Block]	Use of Estimates. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported herein. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may Change in Accounting Estimate. As a result of additional information available from new systems and processes, the Company changed its accounting estimate related to the capitalization of certain internal labor and related costs associated with construction and customer installation activities beginning in the first 2017. $6.2 third 2017 third 2016 $17.2 nine September 30, 2017
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted and Issued Accounting Pronouncements. In 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 201 6, 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 not not not

Note 2 - NewWave Acquisition (T

Note 2 - NewWave Acquisition (Tables)	9 Months Ended
	Sep. 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 2,113 Property, plant and equipment 192,234 Intangible s 476,300 Other assets 370 Total 698,264 Liabilities Accounts payable and accrued liabilities 25,742 Deferred revenue 14,516 Deferred income taxes 10,720 Total 50,978 Net assets acquired 647,286 Purchase price consideration 740,166 Goodwill recognized $ 92,880
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 September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Revenues $ 253,846 $ 250,644 $ 766,231 $ 747,593 Net income $ 31,514 $ 18,558 $ 95,326 $ 66,028 Net income per common share: Basic $ 5.55 $ 3.24 $ 16.79 $ 11.48 Diluted $ 5.48 $ 3.22 $ 16.59 $ 11.43

Note 3 - Revenues (Tables)

Note 3 - Revenues (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Revenue from External Customers by Products and Services [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Residential Data $ 109,340 $ 86,797 $ 302,696 $ 256,267 Video 88,601 73,841 245,928 222,710 Voice 11,265 10,475 32,549 32,733 Business services 35,168 25,406 94,673 73,724 Advertising sales 5,885 6,460 17,477 20,079 Other 3,587 2,557 8,992 7,385 Total revenues $ 253,846 $ 205,536 $ 702,315 $ 612,898

Note 4 - Property, Plant and 22

Note 4 - Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 30, 2017 December 31, 2016 Cable distribution systems $ 1,257,762 $ 1,048,790 Customer premise equipment 200,961 181,852 Other equipment and fixtures 379,205 359,957 Buildings and leasehold improvements 95,359 88,592 Capitalized software 88,651 83,815 Construction in progress 59,976 64,822 Land 11,593 9,612 Total property, plant and equipment 2,093,507 1,837,440 Less accumulated depreciation (1,283,114 ) (1,217,819 ) Property, plant and equipment, net $ 810,393 $ 619,621

Note 5 - Goodwill and Intangi23

Note 5 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	September 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 $ 3,863 $ 275 Customer relationships 14 $ 155,000 $ 4,613 $ 150,387 NewWave trademark and trade name 1 $ 1,300 $ 542 $ 758 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)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 30, 2017 December 31, 2016 Notes $ 450,000 $ 450,000 Senior Credit Facilities 747,188 95,000 Capital lease obligation 271 284 Total debt 1,197,459 545,284 Less unamortized debt issuance costs (20,576 ) (8,148 ) Less current portion of long-term debt (12,813 ) (6,250 ) Total Long-term debt $ 1,164,070 $ 530,886
Schedule of Maturities of Long-term Debt [Table Text Block]	Years Ending December 31, Amount 2017 (remaining months) $ 2,817 2018 14,392 2019 20,642 2020 26,892 2021 30,017 Thereafter 1,102,699 Total $ 1,197,459

Note 7 - Fair Value Measureme25

Note 7 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	September 30, 2017 Carrying Fair Amount Value Assets: Money market investments $ 25,038 $ 25,038 Commercial paper $ 84,879 $ 84,856 Long-term debt, including current portion : Notes $ 450,000 $ 471,375 Senior Credit Facilities $ 747,188 $ 747,188

Note 9 - Equity-based Compens26

Note 9 - Equity-based Compensation (Tables)	9 Months Ended
	Sep. 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 16,821 $ 631.10 G ranted due to performance achievement 5,006 $ 433.66 Forfeited (4,943 ) $ 437.17 Vested (3,163 ) $ 415.39 Outstanding as of September 30, 2017 52,146 $ 473.61 Vested and unissued as of September 30, 2017 3,178 $ 436.37
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]	Stock Appreciation Rights Weighted Average Exercise Price Weighted Average Fair Value 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 24,432 $ 632.15 $ 140.44 $ - 9.3 Exercised (21,450 ) $ 422.31 $ 87.22 Forfeited (11,652 ) $ 422.31 $ 87.22 Outstanding as of September 30, 2017 127,330 $ 467.37 $ 98.34 $ 32,437 8.2 Vested and exercisable as of September 30, 2017 39,673 $ 422.61 $ 87.29 $ 11,882 7.9
Schedule of Share-based Payment Award, Other than Options, Valuation Assumptions [Table Text Block]	2017 Expected volatility 20.83 % Risk-free interest rate 2.13 % Expected term (in years) 6.25 Expected dividend yield 0.95 %

Note 11 - Net Income Per Share

Note 11 - Net Income Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Numerator: Net income $ 31,514 $ 20,874 $ 93,304 $ 74,552 Denominator: Weighted average common shares outstanding - basic 5,680,600 5,720,257 5,678,485 5,753,204 Effect of dilutive equity awards (1) 73,310 34,904 67,298 23,300 Weighted average common shares outstanding - diluted 5,753,910 5,755,161 5,745,783 5,776,504 Net income per share: Basic $ 5.55 $ 3.65 $ 16.43 $ 12.96 Diluted $ 5.48 $ 3.63 $ 16.24 $ 12.91

Note 1 - Description of Busin28

Note 1 - Description of Business and Basis of Presentation (Details Textual) $ in Millions	May 01, 2017USD ($)	Sep. 30, 2017USD ($)	Sep. 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		$ 6.2	$ 17.2
New Wave [Member]
Payments to Acquire Businesses, Gross	$ 740.2

Note 2 - NewWave Acquisition (D

Note 2 - NewWave Acquisition (Details Textual) - USD ($) $ in Thousands	May 01, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Goodwill		$ 177,809		$ 177,809		$ 84,928
Amortization of Intangible Assets		3,100	$ 100	5,200	$ 100
New Wave [Member]
Payments to Acquire Businesses, Gross	$ 740,200
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Prepaid Assets		900
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accounts Payable and Accrued Liabilities		1,200
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred		(800)
Goodwill, Purchase Accounting Adjustments		(600)
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	13 years 328 days
Goodwill, Acquired During Period				92,900
Goodwill	$ 92,880	177,800		177,800
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		47,500		79,700
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		2,800		4,900
Amortization of Intangible Assets		3,100		5,200
New Wave [Member] | Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs		$ 600		$ 5,300

Note 2 - NewWave Acquisition -

Note 2 - NewWave Acquisition - Allocation of Purchase Price Consideration (Details) - USD ($) $ in Thousands	Sep. 30, 2017	May 01, 2017	Dec. 31, 2016
Liabilities
Goodwill	$ 177,809		$ 84,928
New Wave [Member]
Assets
Cash and cash equivalents		$ 12,220
Accounts receivable		15,027
Prepaid assets		2,113
Property, plant and equipment		192,234
Intangibles		476,300
Other assets		370
Total		698,264
Liabilities
Accounts payable and accrued liabilities		25,742
Deferred revenue		14,516
Deferred income taxes		10,720
Total		50,978
Net assets acquired		647,286
Purchase price consideration		740,166
Goodwill	$ 177,800	$ 92,880

Note 2 - NewWave Acquisition 31

Note 2 - NewWave Acquisition - Acquired Intangible Assets (Details) - New Wave [Member] $ in Millions	May 01, 2017USD ($)
Estimated weighted average useful life (Year)	13 years 328 days
Customer Relationships [Member]
Provisional estimated fair value, finite intangible asset	$ 155
Estimated weighted average useful life (Year)	14 years
Trademarks and Trade Names [Member]
Provisional estimated fair value, finite intangible asset	$ 1.3
Estimated weighted average useful life (Year)	1 year
Franchise Rights [Member]
Provisional estimated fair value, indefinite intangible asset	$ 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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues	$ 253,846	$ 250,644	$ 766,231	$ 747,593
Net income	$ 31,514	$ 18,558	$ 95,326	$ 66,028
Basic (in dollars per share)	$ 5.55	$ 3.24	$ 16.79	$ 11.48
Diluted (in dollars per share)	$ 5.48	$ 3.22	$ 16.59	$ 11.43

Note 3 - Revenues (Details Text

Note 3 - Revenues (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Franchise Costs	$ 4.1	$ 3.6	$ 11.6	$ 10.7

Note 3 - Revenues - Revenues by

Note 3 - Revenues - Revenues by Product Line (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Advertising sales	$ 5,885	$ 6,460	$ 17,477	$ 20,079
Other	3,587	2,557	8,992	7,385
Total revenues	253,846	205,536	702,315	612,898
Data [Member]
Revenues	109,340	86,797	302,696	256,267
Video [Member]
Revenues	88,601	73,841	245,928	222,710
Voice [Member]
Revenues	11,265	10,475	32,549	32,733
Commercial [Member]
Revenues	$ 35,168	$ 25,406	$ 94,673	$ 73,724

Note 4 - Property, Plant and 35

Note 4 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Depreciation		$ 42.5	$ 36.2	$ 125.6	$ 105.6
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	Sep. 30, 2017	Dec. 31, 2016
Property, plant and equipment, gross	$ 2,093,507	$ 1,837,440
Less accumulated depreciation	(1,283,114)	(1,217,819)
Property, plant and equipment, net	810,393	619,621
Other Capitalized Property Plant and Equipment [Member]
Property, plant and equipment, gross	1,257,762	1,048,790
Equipment [Member]
Property, plant and equipment, gross	200,961	181,852
Furniture and Fixtures [Member]
Property, plant and equipment, gross	379,205	359,957
Building and Leasehold Improvements[Member]
Property, plant and equipment, gross	95,359	88,592
Software and Software Development Costs [Member]
Property, plant and equipment, gross	88,651	83,815
Construction in Progress [Member]
Property, plant and equipment, gross	59,976	64,822
Land [Member]
Property, plant and equipment, gross	$ 11,593	$ 9,612

Note 5 - Goodwill and Intangi37

Note 5 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Goodwill	$ 177,809		$ 177,809		$ 84,928
Amortization of Intangible Assets	$ 3,100	$ 100	$ 5,200	$ 100

Note 5 - Goodwill and Intangi38

Note 5 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 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, amortized intangible assets	4,138	4,138
Accumulated amortization	3,863	3,794
Net carrying amount	$ 275	$ 344
Customer Relationships [Member]
Useful life (Year)	14 years
Gross carrying amount, amortized intangible assets	$ 155,000
Accumulated amortization	4,613
Net carrying amount	$ 150,387
Trademarks and Trade Names [Member]
Useful life (Year)	1 year
Gross carrying amount, amortized intangible assets	$ 1,300
Accumulated amortization	542
Net carrying amount	$ 758
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 ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Jun. 17, 2015USD ($)
Debt Issuance Costs, Net				$ 20,576		$ 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, Face Amount	$ 250,000
Debt Instrument, Term	5 years
Long-term Debt, Gross				$ 248,400
Debt Instrument, Interest Rate, Effective Percentage				3.07%
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, Face Amount	$ 500,000
Debt Instrument, Term	7 years
Long-term Debt, Gross				$ 498,800
Debt Instrument, Interest Rate, Effective Percentage				3.57%
Debt Instrument, Amortization Percent on a Quarterly Basis	1.00%
Debt Instrument, Prepayment Penalty, Prepaid within Six Months, Percent	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				$ 3,100
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]
Debt Instrument, Term		5 years
Line of Credit Facility, Maximum Borrowing Capacity		$ 200,000
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				1.75%
Line of Credit Facility, Remaining Borrowing Capacity				$ 196,900

Note 6 - Long-term Debt - Sched

Note 6 - Long-term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Capital lease obligation	$ 271	$ 284
Total debt	1,197,459	545,284
Less unamortized debt issuance costs	(20,576)	(8,148)
Less current portion of long-term debt	(12,813)	(6,250)
Total Long-term debt	1,164,070	530,886
Senior Unsecured Notes Due 2022 [Member]
Notes	450,000	450,000
Senior Credit Facilities Due 2020 [Member] | Term Loan [Member]
Senior Credit Facilities	$ 747,188	$ 95,000

Note 6 - Long-term Debt - Futur

Note 6 - Long-term Debt - Future Maturities (Details) $ in Thousands	Sep. 30, 2017USD ($)
2017 (remaining months)	$ 2,817
2,018	14,392
2,019	20,642
2,020	26,892
2,021	30,017
Thereafter	1,102,699
Total	$ 1,197,459

Note 7 - Fair Value Measureme42

Note 7 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Deferred Compensation Liability, Current and Noncurrent	$ 19.3	$ 18.2

Note 7 - Fair Value Measureme43

Note 7 - Fair Value Measurements - Carrying Amounts and Fair Values (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets, carrying amount	$ 118,701	$ 138,040
Notes [Member]
Senior Credit Facilities	450,000
Long-term debt, including current portion, fair value	471,375
Senior Credit Facilities Due 2020 [Member]
Senior Credit Facilities	747,188
Long-term debt, including current portion, fair value	747,188
Money Market Funds [Member]
Assets, carrying amount	25,038
Assets, fair value	25,038
Commercial Paper [Member]
Assets, carrying amount	84,879
Assets, fair value	$ 84,856

Note 8 - Treasury Stock (Detail

Note 8 - Treasury Stock (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		27 Months Ended
	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Dec. 31, 2016	Jul. 01, 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		$ 400	$ 399		$ 73,100
Payments Related to Tax Withholding for Share-based Compensation	$ 2,100		$ 2,531
Shares Paid for Tax Withholding for Share Based Compensation	2,791		3,457
Treasury Stock, Shares	159,541		159,541		159,541	179,676

Note 9 - Equity-based Compens45

Note 9 - Equity-based Compensation (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)shares	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)shares	Sep. 30, 2016USD ($)	Jun. 05, 2015shares
Allocated Share-based Compensation Expense	$ 3,100,000	$ 3,200,000	$ 7,900,000	$ 9,700,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			2,000,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	6,800,000		$ 6,800,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
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
Allocated Share-based Compensation Expense	2,200,000		5,500,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 8,800,000		$ 8,800,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			1 year
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	3,178		3,178
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangements by Share-based Payment Award, Vesting Period, Number of Installments			4
Allocated Share-based Compensation Expense	$ 900,000		$ 2,400,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 8,200,000		$ 8,200,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			1 year 182 days
The 2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares	316,549		316,549
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 - Restricted Stock (Details) - Restricted Stock and Restricted Stock Units [Member]	9 Months Ended
	Sep. 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, restricted stock (in shares) | shares	16,821
Granted, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 631.10
Granted due to performance achievement, restricted stock (in shares) | shares	5,006
Granted due to performance achievement, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 433.66
Forfeited, restricted stock (in shares) | shares	(4,943)
Forfeited, restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 437.17
Vested, restricted stock (in shares) | shares	(3,163)
Vested, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 415.39
Unvested, restricted stock (in shares) | shares	52,146
Unvested, restricted stock, weighted avergae grant date fair value (in dollars per share) | $ / shares	$ 473.61
Vested and unissued, restricted stock (in shares) | shares	3,178
Vested and unissued, restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 436.37

Note 9 - Equity-based Compens47

Note 9 - Equity-based Compensation - Stock Appreciation Rights (Details) - Stock Appreciation Rights (SARs) [Member] - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 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, aggregate intrinsic value	$ 32,437	$ 26,510
Weighted average remaining contractual term, outstanding (Year)	8 years 73 days	8 years 255 days
Granted, stock appreciation rights (in shares)	24,432
Granted, weighted average exercise price (in dollars per share)	$ 632.15
Granted, weighted average fair value (in dollars per share)	$ 140.44
Weighted average remaining contractual term, granted (Year)	9 years 109 days
Exercised, stock appreciation rights (in shares)	(21,450)
Exercised, weighted average exercise price (in dollars per share)	$ 422.31
Exercised, weighted average fair value (in dollars per share)	$ 87.22
Forfeited, stock appreciation rights (in shares)	(11,652)
Forfeited, weighted average exercise price (in dollars per share)	$ 422.31
Forfeited, weighted average fair value (in dollars per share)	$ 87.22
Outstanding, stock appreciation rights (in shares)	127,330	136,000
Outstanding, weighted average exercise price (in dollars per share)	$ 467.37	$ 426.80
Outstanding, beginning balance, weighted average fair value (in dollars per share)	$ 98.34	$ 88.07
Vested and exercisable, stock appreciation rights (in shares)	39,673
Vested and exercisable, weighted average exercise price (in dollars per share)	$ 422.61
Vested and exercisable, weighted average fair value (in dollars per share)	$ 87.29
Vested and exercisable, aggregate intrinsic value	$ 11,882
Weighted average remaining contractual term, vested and exercisable (Year)	7 years 328 days

Note 9 - Equity-based Compens48

Note 9 - Equity-based Compensation - Stock Appreciation Rights, Fair Value Assumptions (Details) - Stock Appreciation Rights (SARs) [Member]	9 Months Ended
	Sep. 30, 2017
Expected volatility	20.83%
Risk-free interest rate	2.13%
Expected term (Year)	6 years 91 days
Expected dividend yield	0.95%

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Effective Income Tax Rate Reconciliation, Percent	34.60%	48.60%	36.80%	40.00%
Income Tax Benefits Due To Certain Spinoff Items		$ 4.1
Income Tax Benefits Due to State Tax Items		$ 0.7
Tax Adjustments, Settlements, and Unusual Provisions	$ (1.7)		$ (1.7)	$ 2.6

Note 11 - Net Income Per Shar50

Note 11 - Net Income Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,669	0	2,354	12,787

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		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net income		$ 31,514	$ 20,874	$ 93,304	$ 74,552
Basic (in shares)		5,680,600	5,720,257	5,678,485	5,753,204
Effect of dilutive equity awards (in shares)	[1]	73,310	34,904	67,298	23,300
Weighted average common shares outstanding - diluted (in shares)		5,753,910	5,755,161	5,745,783	5,776,504
Net income per common share:
Basic (in dollars per share)		$ 5.55	$ 3.65	$ 16.43	$ 12.96
Diluted (in dollars per share)		$ 5.48	$ 3.63	$ 16.24	$ 12.91
[1]	SARs outstanding that were not included in the diluted net income per share calculation because the effect would have been anti-dilutive were 2,669 and 0 for the three months ended September 30, 2017 and 2016, respectively, and 2,354 and 12,787 for the nine months ended September 30, 2017 and 2016, respectively.

Note 12 - Commitments and Con52

Note 12 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017
GHC [Member]
Employee Medical and Worker's Compensation Claims Expense	$ 0.1	$ 0.3