Gray Television (GTN) 10-Q 7 Nov 13 2013 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 04, 2013	Nov. 04, 2013
		Common Class A [Member]	Common Class B [Member]
Document Information [Line Items]	'	'	'
Entity Registrant Name	'GRAY TELEVISION INC	'	'
Document Type	'10-Q	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Common Stock, Shares Outstanding	'	5,753,020	52,241,716
Amendment Flag	'false	'	'
Entity Central Index Key	'0000043196	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Document Period End Date	30-Sep-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'Q3	'	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'	'
Cash	$43,320	$11,067
Accounts receivable, less allowance for doubtful accounts of $637 and $2,064, respectively	59,582	62,472
Current portion of program broadcast rights, net	10,184	7,463
Deferred tax asset	12,550	12,550
Prepaid and other current assets	5,222	2,831
Total current assets	130,858	96,383
Property and equipment, net	135,269	135,138
Deferred loan costs, net	10,471	11,692
Broadcast licenses	820,516	819,188
Goodwill	170,522	170,522
Other intangible assets, net	597	637
Investment in broadcasting company	13,599	13,599
Other	3,497	2,629
Total assets	1,285,329	1,249,788
Current liabilities:	'	'
Accounts payable	1,531	2,379
Employee compensation and benefits	12,705	9,844
Accrued interest	17,077	10,214
Accrued network programming fees	2,229	5,422
Other accrued expenses	4,874	5,083
Federal and state income taxes	1,312	1,911
Current portion of program broadcast obligations	12,301	9,648
Deferred revenue	2,606	3,216
Total current liabilities	54,635	47,717
Long-term debt	833,073	832,867
Program broadcast obligations, less current portion	1,617	356
Deferred income taxes	194,422	184,440
Long-term deferred revenue	101	450
Accrued pension costs	41,826	39,051
Other	869	972
Total liabilities	1,126,543	1,105,853
Commitments and contingencies (Notes 6 and 9)	'	'
Stockholdersb equity:	'	'
Accumulated deficit	-256,201	-269,288
Accumulated other comprehensive loss, net of income tax benefit	-20,170	-20,170
	221,743	206,636
Total stockholdersb equity	158,786	143,935
Total liabilities and stockholdersb equity	1,285,329	1,249,788
Common Class B [Member]	'	'
Stockholdersb equity:	'	'
Common stock	482,793	480,773
Common Class A [Member]	'	'
Stockholdersb equity:	'	'
Common stock	15,321	15,321
Class B Treasury Stock [Member]	'	'
Stockholdersb equity:	'	'
Treasury stock	-40,559	-40,303
Class A Treasury Stock [Member]	'	'
Stockholdersb equity:	'	'
Treasury stock	($22,398)	($22,398)

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Allowance for doubtful accounts (in Dollars)	$637	$2,064
Common Class B [Member]	'	'
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	57,010,132	56,503,759
Common stock, no par value (in Dollars per share)	$0	$0
Common Class A [Member]	'	'
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	7,331,574	7,331,574
Common stock, no par value (in Dollars per share)	$0	$0
Class B Treasury Stock [Member]	'	'
Treasury stock, shares	4,768,925	4,739,462
Class A Treasury Stock [Member]	'	'
Treasury stock, shares	1,578,554	1,578,554

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue (less agency commissions)	$88,288	$102,879	$250,742	$278,244
Operating expenses before depreciation, amortization and loss (gain) on disposal of assets, net:	'	'	'	'
Broadcast	53,516	52,034	158,817	155,635
Corporate and administrative	4,470	4,010	13,587	10,745
Depreciation	6,024	5,725	17,762	17,332
Amortization of intangible assets	9	19	40	56
Loss (gain) on disposals of assets, net	49	28	-56	-454
Operating expenses	64,068	61,816	190,150	183,314
Operating income	24,220	41,063	60,592	94,930
Other income (expense):	'	'	'	'
Miscellaneous income, net	'	'	'	2
Interest expense	-12,656	-15,155	-37,790	-45,444
Income before income taxes	11,564	25,908	22,802	49,488
Income tax expense	4,491	10,035	9,715	19,250
Net income	7,073	15,873	13,087	30,238
Preferred stock dividends (includes accretion of issuance cost of $0, $479, $0, and $633, respectively)	'	1,233	'	3,591
Net income available to common stockholders	$7,073	$14,640	$13,087	$26,647
Basic per share information:	'	'	'	'
Net income available to common stockholders (in Dollars per share)	$0.12	$0.26	$0.23	$0.47
Weighted-average shares outstanding (in Shares)	57,713	57,155	57,600	57,151
Diluted per share information:	'	'	'	'
Net income available to common stockholders (in Dollars per share)	$0.12	$0.26	$0.23	$0.47
Weighted-average shares outstanding (in Shares)	58,078	57,287	57,907	57,209
Dividends declared per common share (in Dollars per share)	$0	$0	$0	$0

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Operations (Unaudited) (Parentheticals) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Preferred stock dividends, accretion of issuance cost	$0	$479	$0	$633

Condensed_Consolidated_Stateme2

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (USD $)	Common Class A [Member]	Common Class B [Member]	Retained Earnings [Member]	Class A Treasury Stock [Member]	Class B Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2012	$15,321	$480,773	($269,288)	($22,398)	($40,303)	($20,170)	$143,935
Balance (in Shares) at Dec. 31, 2012	7,331,574	56,503,759	'	-1,578,554	-4,739,462	'	'
Net income	'	'	13,087	'	'	'	13,087
Issuance of common stock:	'	'	'	'	'	'	'
401(k) plan	'	21	'	'	'	'	21
401(k) plan (in Shares)	'	4,489	'	'	'	'	'
2007 Long Term Incentive Plan - restricted stock awards (in Shares)	'	382,062	'	'	-29,463	'	'
2007 Long Term Incentive Plan - restricted stock awards	'	'	'	'	-256	'	-256
2007 Long Term Incentive Plan - option exercises	'	280	'	'	'	'	280
2007 Long Term Incentive Plan - option exercises (in Shares)	'	119,822	'	'	'	'	'
Share-based compensation	'	1,719	'	'	'	'	1,719
Balance at Sep. 30, 2013	$15,321	$482,793	($256,201)	($22,398)	($40,559)	($20,170)	$158,786
Balance (in Shares) at Sep. 30, 2013	7,331,574	57,010,132	'	-1,578,554	-4,768,925	'	'

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating activities	'	'
Net income	$13,087	$30,238
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	17,762	17,332
Amortization of intangible assets	40	56
Amortization of deferred loan costs	1,235	2,259
Amortization of original issue discount related to long-term debt	206	1,015
Amortization of restricted stock and stock option awards	1,719	324
Amortization of program broadcast rights	8,492	8,250
Payments on program broadcast obligations	-8,549	-8,386
Deferred income taxes	9,981	19,405
Gain on disposals of assets, net	-56	-454
Other	1,970	-412
Changes in operating assets and liabilities:	'	'
Receivables	2,886	716
Other current assets	-2,016	-660
Accounts payable	-678	238
Other current liabilities	-1,352	11,095
Accrued interest	6,863	9,322
Net cash provided by operating activities	51,590	90,338
Investing activities	'	'
Purchases of property and equipment	-18,441	-17,661
Purchases of broadcast licenses	-1,329	'
Proceeds from asset sales	160	787
Payments on acquisition-related liabilities	'	-129
Other	7	-224
Net cash used in investing activities	-19,603	-17,227
Financing activities	'	'
Proceeds from borrowings on long-term debt	'	3,000
Repayments of borrowings on long-term debt	'	-15,617
Deferred loan costs	-14	'
Series D perpetual preferred stock dividends paid	'	-7,713
Repurchases of preferred stock	'	-12,276
Proceeds from issuance of common stock	280	'
Net cash provided by (used in) financing activities	266	-32,606
Net increase in cash	32,253	40,505
Cash at beginning of period	11,067	5,190
Cash at end of period	$43,320	$45,695

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1.     Basis of Presentation
	The accompanying condensed consolidated balance sheet of Gray Television, Inc. (“we”, “us”, “our”, “Gray” or the “Company”) as of December 31, 2012, which was derived from the Company’s audited balance sheet as of December 31, 2012, and our accompanying unaudited condensed consolidated financial statements as of September 30, 2013 and for the periods ended September 30, 2013 and 2012 have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to those rules and regulations, although we believe that the disclosures made are adequate to make the information not misleading. In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair statement have been included. Our operations consist of one reportable segment. For further information, refer to the consolidated financial statements and footnotes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2012 (the “2012 Form 10-K”). Our financial condition as of, and operating results for the three-month and nine-month periods ended, September 30, 2013 are not necessarily indicative of the financial condition or results that may be expected for any future interim period or for the year ending December 31, 2013.
	Seasonality and Cyclicality
	Broadcast advertising revenues are generally highest in the second and fourth quarters each year. This seasonality results partly from increases in consumer advertising in the spring and increases in retail advertising in the period leading up to and including the holiday season. Broadcast advertising revenues are also typically higher in even-numbered years due to increased spending by political candidates, political parties and special interest groups in advance of elections. This political spending typically is heaviest during the fourth quarter.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires our management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and the notes to the unaudited condensed consolidated financial statements. Our actual results could differ materially from these estimates. The most significant estimates we make relate to our allowance for doubtful accounts in receivables, valuation of goodwill and intangible assets, amortization of program broadcast rights and intangible assets, stock-based compensation, pension costs, income taxes, employee medical insurance claims, useful lives of property and equipment and contingencies.
	Earnings Per Share
	We compute basic earnings per share by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding during the relevant period. The weighted-average number of common shares outstanding does not include restricted shares. These shares, although classified as issued and outstanding, are considered contingently returnable until the restrictions lapse and, in accordance with U.S. GAAP, are not included in the basic earnings per share calculation until the shares vest. Diluted earnings per share is computed by including common stock equivalents for all potentially dilutive common shares, including restricted shares and shares underlying stock options, in the denominator of the diluted earnings per weighted-average share calculation, unless their inclusion would be antidilutive. Common stock equivalents are calculated using the treasury stock method.
	The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding for the three-month and nine-month periods ended September 30, 2013 and 2012 (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
	Weighted-average shares outstanding - basic		57,713			57,155			57,600		57,151
	Common stock equivalents attributable to stock options and restricted stock		365			132			307		58
	Weighted-average shares outstanding - diluted		58,078			57,287			57,907		57,209
	Accumulated Other Comprehensive Loss
	Our accumulated other comprehensive loss balances as of September 30, 2013 and December 31, 2012 consist of adjustments to our pension liability and income tax benefit as follows (in thousands):
		September 30,			December 31,
		2013			2012
	Accumulated balances of items included in accumulated other comprehensive loss:
	Increase in pension liability	$	(33,065	)	$	(33,065	)
	Income tax benefit		(12,895	)		(12,895	)
	Accumulated other comprehensive loss	$	(20,170	)	$	(20,170	)
	Consolidated Statement of Comprehensive Income
	Our comprehensive income for the three-month and nine-month periods ended September 30, 2013 and 2012 consists entirely of net income. Therefore, a consolidated statement of comprehensive income is not presented for the three-month and nine-month periods ended September 30, 2013 and 2012.
	Property and Equipment
	Property and equipment are carried at cost. Depreciation is computed principally by the straight-line method. Maintenance, repairs and minor replacements are charged to operations as incurred; major replacements and betterments are capitalized. The cost of any assets sold or retired and the related accumulated depreciation are removed from the accounts at the time of disposition, and any resulting profit or loss is reflected in income or expense for the period. The following table lists components of property and equipment by major category (dollars in thousands):
		September 30,			December 31,			Estimated
		2013			2012			Useful Lives
								(in years)
	Property and equipment:
	Land	$	24,614		$	24,383
	Buildings and improvements		57,530			55,709		7			to	40
	Equipment		322,262			313,761		3			to	20
			404,406			393,853
	Accumulated depreciation		(269,137	)		(258,715	)
	Total property and equipment, net	$	135,269		$	135,138
	Allowance for Doubtful Accounts
	Our allowance for doubtful accounts is equal to at least 85% of our receivable balances that are 120 days old or older. We may provide allowances for certain receivable balances that are less than 120 days old when warranted by specific facts and circumstances. We generally write-off accounts receivable balances when the customer files for bankruptcy or when all commonly used methods of collection have been exhausted.
	Recent Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This ASU clarifies guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. We are currently evaluating the expected effects of this ASU; however, we do not anticipate that our adoption of this ASU will result in a material change in our financial statement presentation.

Note_2_Longterm_Debt

Note 2 - Long-term Debt	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	2.      Long-term Debt
	As of September 30, 2013 and December 31, 2012, long-term debt consisted of our obligations under our senior credit facility (the “2012 Senior Credit Facility”) and our 7½% Senior Notes due 2020 (the “2020 Notes”) as follows (in thousands):
		September 30,			December 31,
		2013			2012
	Long-term debt including current portion:
	2012 Senior Credit Facility	$	535,000		$	535,000
	2020 Notes		300,000			300,000
	Total long-term debt at liquidation value		835,000			835,000
	Less unamortized discount on 2020 Notes		(1,927	)		(2,133	)
	Total long-term debt at recorded value	$	833,073		$	832,867
	Borrowing availability under the 2012 Senior Credit Facility	$	40,000		$	40,000
	Our 2012 Senior Credit Facility consists of a revolving loan and a term loan facility. Excluding accrued interest, the amount outstanding under our 2012 Senior Credit Facility as of September 30, 2013 and December 31, 2012 was comprised solely of a term loan balance of $535.0 million. Our maximum borrowing availability is limited by our required compliance with certain restrictive covenants, including a first lien net leverage ratio covenant.
	As of September 30, 2013 and December 31, 2012, we had $300.0 million of our 2020 Notes outstanding.
	On October 18, 2013, we issued $375.0 million of additional 2020 Notes (the "Additional Notes"), and used the net proceeds therefrom, after deducting transaction fees and estimated expenses, to repay $376.0 million of the term loan outstanding under the 2012 Senior Credit Facility.  For additional information on this transaction, see Note 9 "Subsequent Events."
	As of September 30, 2013 and December 31, 2012, the interest rate on the balance outstanding under the 2012 Senior Credit Facility was 4.8%. As of September 30, 2013 and December 31, 2012, the coupon interest rate and the yield on the 2020 Notes outstanding at those dates were 7.5% and 7.6%, respectively. The yield on the 2020 Notes exceeded the coupon interest rate because the 2020 Notes outstanding at those dates were issued with “original issue discount”.
	As of September 30, 2013 and December 31, 2012, we had a deferred loan cost balance, net of accumulated amortization, of $4.1 million and $4.6 million, respectively, related to the 2012 Senior Credit Facility. As of September 30, 2013 and December 31, 2012, we had a deferred loan cost balance, net of accumulated amortization, of $6.4 million and $7.1 million, respectively, related to our 2020 Notes.
	Our obligations under the 2012 Senior Credit Facility are secured by substantially all of our and our subsidiaries’ assets, including real estate. In addition, our subsidiaries are joint and several guarantors of these obligations and our ownership interests in our subsidiaries are pledged to collateralize such obligations. The 2012 Senior Credit Facility contains affirmative and restrictive covenants that we must comply with, including (a) limitations on additional indebtedness, (b) limitations on liens, (c) limitations on the sale of assets, (d) limitations on guarantees, (e) limitations on investments and acquisitions, (f) limitations on the payment of dividends and share repurchases, (g) limitations on mergers, and (h) maintenance of a total leverage ratio as set forth in the 2012 Senior Credit Facility not to exceed certain maximum limits, as well as other customary covenants for credit facilities of this type. As of September 30, 2013, we were in compliance with all covenants required under our debt obligations.

Note_3_Fair_Value_Measurement

Note 3 - Fair Value Measurement	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	3.      Fair Value Measurement
	To determine fair value, we utilize market data or assumptions that market participants would use in pricing an asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated or generally unobservable. We utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized into a hierarchy that gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (“Level 1”) and the lowest priority to unobservable inputs that require assumptions to measure fair value (“Level 3”). Level 2 inputs are those that are other than quoted prices on national exchanges included within Level 1 that are observable for the asset or liability either directly or indirectly (“Level 2”).
	Fair Value of Other Financial Instruments
	The estimated fair value of other financial instruments is determined using market information and appropriate valuation methodologies. Interpreting market data to develop fair value estimates involves considerable judgment. The use of different market assumptions could have a material effect on the estimated fair value amounts. Accordingly, the estimates presented are not necessarily indicative of the amounts that we could realize in a current market exchange, or the value that ultimately will be realized upon maturity or disposition.
	The carrying amounts of the following instruments approximate fair value due to their short term to maturity: (i) accounts receivable, (ii) prepaid and other current assets, (iii) accounts payable, (iv) accrued employee compensation and benefits, (v) accrued interest, (vi) other accrued expenses, (vii) acquisition-related liabilities and (viii) deferred revenue.
	The carrying amount of our long-term debt was $833.1 million and $832.9 million, respectively, and the fair value was $849.7 million and $844.4 million, respectively, as of September 30, 2013 and December 31, 2012. We classify our long-term debt within Level 2 of the fair value hierarchy. Fair value of our long-term debt is based on observable estimates provided by third-party financial professionals as of September 30, 2013 and December 31, 2012.

Note_4_Retirement_Plans

Note 4 - Retirement Plans	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure [Text Block]	'
	4.      Retirement Plans
	The following table provides the components of net periodic benefit cost for our pension plans for the three-month and nine-month periods ended September 30, 2013 and 2012, respectively (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	1,291		$	1,243		$	3,871		$	3,538
	Interest cost		967			899			2,899			2,559
	Expected return on plan assets		(926	)		(739	)		(2,774	)		(2,104	)
	Loss amortization		824			624			2,468			1,775
	Net periodic benefit cost	$	2,156		$	2,027		$	6,464		$	5,768
	During the nine-month period ended September 30, 2013, we contributed $3.7 million to our pension plans. During the remainder of the year ending December 31, 2013, we expect to contribute an additional $1.7 million to $4.3 million to our pension plans.

Note_5_Stockbased_Compensation

Note 5 - Stock-based Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	5.      Stock-based Compensation
	We recognize compensation expense for stock-based payment awards made to our employees and directors, including stock options and restricted stock under our 2007 Long-Term Incentive Plan, as amended (the “2007 Incentive Plan”). The following table provides our stock-based compensation expense and related income tax benefit for the three-month and nine-month periods ended September 30, 2013 and 2012, respectively (in thousands).
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Stock-based compensation expense, gross	$	255		$	170		$	1,719		$	324
	Income tax benefit at our statutory rate associated with stock-based compensation		(99	)		(66	)		(670	)		(126	)
	Stock-based compensation expense, net	$	156		$	104		$	1,049		$	198
	The 2007 Incentive Plan provides for the grant of incentive stock options, nonqualified stock options, restricted stock awards, stock appreciation rights, and performance awards to our officers, employees and non-employee directors to acquire shares of our Class A common stock or common stock, or to receive other awards based on our performance. During the nine-month period ended September 30, 2013, we granted 318,852 shares of restricted common stock to our executive officers and as described below, 107,224 of these shares vested in the nine-month period ended September 30, 2013. Of the remaining shares granted to our executive officers, 70,542 shares will vest on each of March 19, 2014, March 19, 2015 and March 19, 2016. Also during the nine-month period ended September 30, 2013, we granted 63,210 shares of restricted common stock to our non-employee directors. These 63,210 shares will vest on January 1, 2014. During the nine-month period ended September 30, 2012, we granted 432,396 shares of restricted common stock, which shares have vested, and we also granted options to acquire 359,568 shares of our common stock.
	During the nine-month period ended September 30, 2013, the vesting dates of 107,224 previously granted shares of restricted common stock and stock options to purchase 63,616 shares of common stock were accelerated, resulting in $1.0 million of stock-based compensation expense being recognized by the Company in those periods. Had the vesting dates of these stock awards not been accelerated, these shares of restricted common stock and unvested stock options would have fully vested by March 19, 2016 and April 2, 2016, respectively. These stock awards were held by a former employee.
	We did not have any stock options or restricted stock outstanding for our Class A common stock during any period presented.
	A summary of restricted stock activity related to our common stock for the nine-month periods ended September 30, 2013 and 2012 is as follows:
		Nine Months Ended
		30-Sep-13						30-Sep-12
		Number of			Weighted-			Number of			Weighted-
		Shares			average			Shares			average
					Grant Date						Grant Date
					Fair Value						Fair Value
					Per Share						Per Share
	Restricted stock - common:
	Outstanding - beginning of period		-		$	-			-		$	-
	Granted		382,062			5.2			432,396			1.65
	Vested		(107,224	)		7.16			-			-
	Outstanding - end of period		274,838		$	4.43			432,396		$	1.65
	A summary of stock option activity related to our common stock for the nine-month periods ended September 30, 2013 and 2012 is as follows:
		Nine Months Ended
		30-Sep-13						30-Sep-12
		Number of Shares Underlying Options			Weighted- Average Exercise Price			Number of Shares Underlying Options			Weighted- Average Exercise Price
	Stock options - common:
	Outstanding - beginning of period		1,316,068		$	5.98			1,002,350		$	7.5
	Options granted		-		$	-			359,568		$	1.99
	Options exercised		(119,822	)	$	2.34			-		$	-
	Options expired		(921,500	)	$	7.64			(32,150	)	$	8.61
	Options forfeited		-		$	-			(1,500	)	$	7.64
	Options outstanding - end of period		274,746		$	1.99			1,328,268		$	5.98
	Exercisable at end of period		68,688		$	1.99			968,700		$	7.47
	The aggregate intrinsic value of our outstanding stock options was $1.6 million based on the closing market price of our common stock on September 30, 2013.

Note_6_Commitments_and_Conting

Note 6 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	6.      Commitments and Contingencies
	Legal Proceedings and Claims
	From time to time, we are or may become subject to legal proceedings and claims that arise in the normal course of our business. In our opinion, the amount of ultimate liability, if any, with respect to known actions, will not materially affect our financial position. However, the outcome of any one or more matters cannot be predicted with certainty, and the unfavorable resolution of any matter could have a material adverse effect on us in any period.
	Sports Marketing Agreement
	On October 12, 2004, the University of Kentucky (“UK”) awarded a sports marketing agreement jointly to us and IMG Worldwide, Inc. (“IMG”) (the “UK Agreement”). The UK Agreement expires April 15, 2015.
	The UK Agreement provides that we will share in profits in excess of certain amounts specified by the agreement, if any, but not losses. The agreement also provides that we will separately retain all local broadcast advertising revenue and pay all local broadcast expenses for activities under the agreement. Under the agreement, IMG agreed to make all license fee payments to UK. However, if IMG is unable to pay the license fee to UK, we will then be required to pay the unpaid portion of the license fee to UK. As of September 30, 2013, the aggregate license fee to be paid by IMG to UK over the remaining term of the agreement is approximately $17.6 million. If we make advances on behalf of IMG, IMG is required to reimburse us for the amount paid within 60 days after the close of each contract year, which ends on June 30th. IMG has also agreed to pay interest on any advance at a rate equal to the prime rate. During the nine-month period ended September 30, 2013, we did not advance any amounts to UK on behalf of IMG under this agreement. As of September 30, 2013, we do not consider the risk of non-performance by IMG to be high.
	Non-compete and Non-solicitation Payments
	In connection with the resignation of an employee in June 2013, the Company entered into an arrangement that included, among other things, certain non-compete and non-solicitation commitments with respect to the Company for a two year period ending June 2015. Under that arrangement, the Company is required to make payments to the former employee totaling $1.9 million over a three-year period. Of this amount, $1.5 million remained unpaid as of September 30, 2013. Related expense of $0.3 million was recognized during the nine-month period ended September 30, 2013. The expense attributable to this arrangement is being recognized over the period beginning June 2013 and ending June 2015.

Note_7_Goodwill_and_Intangible

Note 7 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	7.      Goodwill and Intangible Assets
	Our intangible assets are primarily comprised of network affiliations and broadcast licenses. We purchased broadcast licenses for approximately $1.3 million during the nine-month period ended September 30, 2013. There were no triggering events that required a test of impairment of our goodwill or intangible assets during the nine-month period ended September 30, 2013. Upon renewal of intangible assets such as network affiliations and broadcast licenses, we expense all related fees as incurred.

Note_8_Income_Taxes

Note 8 - Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	8.      Income Taxes
	For the three-month and nine-month periods ended September 30, 2013 and 2012, our income tax expense and effective income tax rates were as follows (dollars in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Income tax expense	$	4,491		$	10,035		$	9,715		$	19,250
	Effective income tax rate		38.8	%		38.7	%		42.6	%		38.9	%
	We estimate our differences between taxable income and recorded income on an annual basis. Our tax provision for each interim reporting period is based upon these full year projections which are revised each interim reporting period. These projections incorporate estimates of permanent differences between U.S. GAAP income and taxable income, state income taxes, adjustments to our liability for unrecognized tax benefits and other items as necessary to adjust our statutory Federal income tax rate to our effective income tax rate.
	For the nine-month period ended September 30, 2013, these estimates increased or decreased our statutory Federal income tax rate of 35.0% to our effective income tax rate of 42.6% as follows: an adjustment resulting from the expiration of certain unexercised stock options added 2.7%, state income taxes added 2.9%, permanent differences between our U.S. GAAP income and taxable income added 1.8%, and an adjustment for the write off of stock options deferred under Section 162(m) of the internal revenue code added 0.6%, while adjustments to our reserve for uncertain tax positions resulted in a reduction of 0.4%.
	For the nine-month period ended September 30, 2012, these estimates increased or decreased our statutory Federal income tax rate of 35.0% to our effective income tax rate of 38.9% as follows: state income taxes added 4.6% and permanent differences between our U.S. GAAP income and taxable income added 0.5%, while adjustments to our reserve for uncertain tax positions resulted in a reduction of 1.2%.

Note_9_Subsequent_Events

Note 9 - Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	9.      Subsequent Events
	Acquisition of Yellowstone Television, LLC.
	On November 4, 2013, Gray announced that it had entered into an agreement to acquire Yellowstone Television, LLC (“Yellowstone”). Yellowstone owns the following stations:
	• KGNS-TV in the Laredo, Texas market. Its channels are affiliated with NBC, CW, and Telemundo;
	• KGWN-TV in the Cheyenne, Wyoming-Scottsbluff, Nebraska market. Its channels are affiliated with CBS and CW. KGWN-TV extends throughout the market on KSTF (TV) in Scottsbluff, Nebraska, and K19FX in Laramie, Wyoming;
	• KCHY-LP is the NBC affiliate for the Cheyenne-Scottsbluff market. It will now integrate its operations with KGWN-TV; and
	• KCWY-TV in the Casper, Wyoming market. Its primary channel is affiliated with NBC.
	This acquisition will represent Gray’s first stations in these markets. Gray used cash on hand of $23.0 million to acquire a 99% non-voting interest in the parent company of Yellowstone, and it began operating the Yellowstone stations pursuant to a local marketing agreement. Subject to the receipt of regulatory and other approvals, Gray expects to acquire voting control of Yellowstone by the first quarter of 2014.
	We have not yet completed our initial accounting for this acquisition, including determination of the fair value of the acquired assets, as of the date of filing this quarterly report.
	Shared Services Relationship with Excalibur Broadcasting, LLC
	On November 1, 2013, we announced that Gray and Excalibur Broadcasting, LLC (“Excalibur”) had consummated the previously announced acquisition of KJCT(TV) and associated low power stations (collectively, “KJCT”) broadcasting ABC, CW, Telemundo and local programming in the Grand Junction, Colorado, market. In that transaction, Excalibur acquired the license assets of KJCT, and Gray acquired various non-license assets related to KJCT for approximately $9.0 million using cash on hand. Gray now provides back office, engineering and sales support services to Excalibur pursuant to a shared services agreement. Excalibur is wholly owned by a third party, and Excalibur maintains complete responsibility for and control over programming, finances, personnel and operations of KJCT and any other stations that it acquires. However, Gray has an option to purchase the assets and assume the liabilities of KJCT, subject to FCC consent.
	In connection with the consummation of the transactions relating to KJCT, Gray has guaranteed approximately $3.0 million of Excalibur’s debt.
	We have not yet completed our initial accounting for this transaction, including determination of the fair value of the acquired assets, as of the date of filing this quarterly report.
	Issuance of $375.0 Million of Additional Notes
	On October 18, 2013, Gray completed its previously announced offering of $375.0 million of Additional Notes.  The Additional Notes were issued at a price of 102.125%, resulting in aggregate gross proceeds of approximately $383.0 million, plus accrued and unpaid interest from and including October 1, 2013.  Based on the issue price, the Additional Notes have a yield to worst of 6.984%.
	The Additional Notes are an additional issuance of, and rank equally and form a single series with, the 2020 Notes that were issued on October 9, 2012 (the “Existing Notes”).  The Additional Notes have the same terms as the Existing Notes, including being senior unsecured obligations of the Company, and being guaranteed by all of the Company’s existing, and certain future, subsidiaries.
	On October 18, 2013, Gray used net proceeds from the offering of Additional Notes to repay $376.0 million of the term loan outstanding under its 2012 Senior Credit Facility.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires our management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and the notes to the unaudited condensed consolidated financial statements. Our actual results could differ materially from these estimates. The most significant estimates we make relate to our allowance for doubtful accounts in receivables, valuation of goodwill and intangible assets, amortization of program broadcast rights and intangible assets, stock-based compensation, pension costs, income taxes, employee medical insurance claims, useful lives of property and equipment and contingencies
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings Per Share
	We compute basic earnings per share by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding during the relevant period. The weighted-average number of common shares outstanding does not include restricted shares. These shares, although classified as issued and outstanding, are considered contingently returnable until the restrictions lapse and, in accordance with U.S. GAAP, are not included in the basic earnings per share calculation until the shares vest. Diluted earnings per share is computed by including common stock equivalents for all potentially dilutive common shares, including restricted shares and shares underlying stock options, in the denominator of the diluted earnings per weighted-average share calculation, unless their inclusion would be antidilutive. Common stock equivalents are calculated using the treasury stock method
Comprehensive Income, Policy [Policy Text Block]	'
	Consolidated Statement of Comprehensive Income
	Our comprehensive income for the three-month and nine-month periods ended September 30, 2013 and 2012 consists entirely of net income. Therefore, a consolidated statement of comprehensive income is not presented for the three-month and nine-month periods ended September 30, 2013 and 2012
Property, Plant and Equipment, Policy [Policy Text Block]	'
	Property and equipment are carried at cost. Depreciation is computed principally by the straight-line method. Maintenance, repairs and minor replacements are charged to operations as incurred; major replacements and betterments are capitalized. The cost of any assets sold or retired and the related accumulated depreciation are removed from the accounts at the time of disposition, and any resulting profit or loss is reflected in income or expense for the period. The following table lists components of property and equipment by major category
Receivables, Policy [Policy Text Block]	'
	Allowance for Doubtful Accounts
	Our allowance for doubtful accounts is equal to at least 85% of our receivable balances that are 120 days old or older. We may provide allowances for certain receivable balances that are less than 120 days old when warranted by specific facts and circumstances. We generally write-off accounts receivable balances when the customer files for bankruptcy or when all commonly used methods of collection have been exhausted.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This ASU clarifies guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. We are currently evaluating the expected effects of this ASU; however, we do not anticipate that our adoption of this ASU will result in a material change in our financial statement presentation.
Fair Value Measurement, Policy [Policy Text Block]	'
	To determine fair value, we utilize market data or assumptions that market participants would use in pricing an asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated or generally unobservable. We utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized into a hierarchy that gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (“Level 1”) and the lowest priority to unobservable inputs that require assumptions to measure fair value (“Level 3”). Level 2 inputs are those that are other than quoted prices on national exchanges included within Level 1 that are observable for the asset or liability either directly or indirectly (“Level 2”).
	Fair Value of Other Financial Instruments
	The estimated fair value of other financial instruments is determined using market information and appropriate valuation methodologies. Interpreting market data to develop fair value estimates involves considerable judgment. The use of different market assumptions could have a material effect on the estimated fair value amounts. Accordingly, the estimates presented are not necessarily indicative of the amounts that we could realize in a current market exchange, or the value that ultimately will be realized upon maturity or disposition.
	The carrying amounts of the following instruments approximate fair value due to their short term to maturity: (i) accounts receivable, (ii) prepaid and other current assets, (iii) accounts payable, (iv) accrued employee compensation and benefits, (v) accrued interest, (vi) other accrued expenses, (vii) acquisition-related liabilities and (viii) deferred revenue.
	The carrying amount of our long-term debt was $833.1 million and $832.9 million, respectively, and the fair value was $849.7 million and $844.4 million, respectively, as of September 30, 2013 and December 31, 2012. We classify our long-term debt within Level 2 of the fair value hierarchy. Fair value of our long-term debt is based on observable estimates provided by third-party financial professionals as of September 30, 2013 and December 31, 2012.
Goodwill and Intangible Assets, Policy [Policy Text Block]	'
	Our intangible assets are primarily comprised of network affiliations and broadcast licenses. We purchased broadcast licenses for approximately $1.3 million during the nine-month period ended September 30, 2013. There were no triggering events that required a test of impairment of our goodwill or intangible assets during the nine-month period ended September 30, 2013.
Income Tax, Policy [Policy Text Block]	'
	Our tax provision for each interim reporting period is based upon these full year projections which are revised each interim reporting period. These projections incorporate estimates of permanent differences between U.S. GAAP income and taxable income, state income taxes, adjustments to our liability for unrecognized tax benefits and other items as necessary to adjust our statutory Federal income tax rate to our effective income tax rate.

Note_1_Basis_of_Presentation_T

Note 1 - Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
	Weighted-average shares outstanding - basic		57,713			57,155			57,600		57,151
	Common stock equivalents attributable to stock options and restricted stock		365			132			307		58
	Weighted-average shares outstanding - diluted		58,078			57,287			57,907		57,209
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
		September 30,			December 31,
		2013			2012
	Accumulated balances of items included in accumulated other comprehensive loss:
	Increase in pension liability	$	(33,065	)	$	(33,065	)
	Income tax benefit		(12,895	)		(12,895	)
	Accumulated other comprehensive loss	$	(20,170	)	$	(20,170	)
Property, Plant and Equipment [Table Text Block]	'
		September 30,			December 31,			Estimated
		2013			2012			Useful Lives
								(in years)
	Property and equipment:
	Land	$	24,614		$	24,383
	Buildings and improvements		57,530			55,709		7			to	40
	Equipment		322,262			313,761		3			to	20
			404,406			393,853
	Accumulated depreciation		(269,137	)		(258,715	)
	Total property and equipment, net	$	135,269		$	135,138

Note_2_Longterm_Debt_Tables

Note 2 - Long-term Debt (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Schedule of Debt [Table Text Block]	'
		September 30,			December 31,
		2013			2012
	Long-term debt including current portion:
	2012 Senior Credit Facility	$	535,000		$	535,000
	2020 Notes		300,000			300,000
	Total long-term debt at liquidation value		835,000			835,000
	Less unamortized discount on 2020 Notes		(1,927	)		(2,133	)
	Total long-term debt at recorded value	$	833,073		$	832,867
	Borrowing availability under the 2012 Senior Credit Facility	$	40,000		$	40,000

Note_4_Retirement_Plans_Tables

Note 4 - Retirement Plans (Tables)	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Schedule of Net Benefit Costs [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	1,291		$	1,243		$	3,871		$	3,538
	Interest cost		967			899			2,899			2,559
	Expected return on plan assets		(926	)		(739	)		(2,774	)		(2,104	)
	Loss amortization		824			624			2,468			1,775
	Net periodic benefit cost	$	2,156		$	2,027		$	6,464		$	5,768

Note_5_Stockbased_Compensation1

Note 5 - Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Stock-based compensation expense, gross	$	255		$	170		$	1,719		$	324
	Income tax benefit at our statutory rate associated with stock-based compensation		(99	)		(66	)		(670	)		(126	)
	Stock-based compensation expense, net	$	156		$	104		$	1,049		$	198
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	'
		Nine Months Ended
		30-Sep-13						30-Sep-12
		Number of			Weighted-			Number of			Weighted-
		Shares			average			Shares			average
					Grant Date						Grant Date
					Fair Value						Fair Value
					Per Share						Per Share
	Restricted stock - common:
	Outstanding - beginning of period		-		$	-			-		$	-
	Granted		382,062			5.2			432,396			1.65
	Vested		(107,224	)		7.16			-			-
	Outstanding - end of period		274,838		$	4.43			432,396		$	1.65
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
		Nine Months Ended
		30-Sep-13						30-Sep-12
		Number of Shares Underlying Options			Weighted- Average Exercise Price			Number of Shares Underlying Options			Weighted- Average Exercise Price
	Stock options - common:
	Outstanding - beginning of period		1,316,068		$	5.98			1,002,350		$	7.5
	Options granted		-		$	-			359,568		$	1.99
	Options exercised		(119,822	)	$	2.34			-		$	-
	Options expired		(921,500	)	$	7.64			(32,150	)	$	8.61
	Options forfeited		-		$	-			(1,500	)	$	7.64
	Options outstanding - end of period		274,746		$	1.99			1,328,268		$	5.98
	Exercisable at end of period		68,688		$	1.99			968,700		$	7.47

Note_8_Income_Taxes_Tables

Note 8 - Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Schedule Of Income Tax Expense Benefit And Effective Income Tax Rate [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Income tax expense	$	4,491		$	10,035		$	9,715		$	19,250
	Effective income tax rate		38.8	%		38.7	%		42.6	%		38.9	%

Note_1_Basis_of_Presentation_D

Note 1 - Basis of Presentation (Details)	9 Months Ended
	Sep. 30, 2013
Note 1 - Basis of Presentation (Details) [Line Items]	'
Number of Reportable Segments	1
Property, Plant and Equipment, Depreciation Methods	'straight-line
Minimum Percentage of Receivable Balances for creating Allowance for Doubtful Accounts	85.00%
Minimum [Member]	'
Note 1 - Basis of Presentation (Details) [Line Items]	'
Period for Creating Allowance for Doubtful Accounts	'120 days
Maximum [Member]	'
Note 1 - Basis of Presentation (Details) [Line Items]	'
Period for Creating Allowance for Doubtful Accounts	'120 days

Note_1_Basis_of_Presentation_D1

Note 1 - Basis of Presentation (Details) - Reconciliation of basic weighted-average shares outstanding to diluted weighted-average shares outstanding	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Reconciliation of basic weighted-average shares outstanding to diluted weighted-average shares outstanding [Abstract]	'	'	'	'
Weighted-average shares outstanding - basic	57,713	57,155	57,600	57,151
Common stock equivalents attributable to stock options and restricted stock	365	132	307	58
Weighted-average shares outstanding - diluted	58,078	57,287	57,907	57,209

Note_1_Basis_of_Presentation_D2

Note 1 - Basis of Presentation (Details) - Accumulated other comprehensive loss (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Accumulated balances of items included in accumulated other comprehensive loss:	'	'
Increase in pension liability	($33,065)	($33,065)
Income tax benefit	-12,895	-12,895
Accumulated other comprehensive loss	($20,170)	($20,170)

Note_1_Basis_of_Presentation_D3

Note 1 - Basis of Presentation (Details) - Property and equipment (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

In Thousands, unless otherwise specified

Land [Member]

Land [Member]

Building and Building Improvements [Member]

Building and Building Improvements [Member]

Building and Building Improvements [Member]

Building and Building Improvements [Member]

Equipment [Member]

Equipment [Member]

Equipment [Member]

Equipment [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Property and equipment:

'

'

'

'

'

'

'

'

'

'

'

'

Gross value

$404,406

$393,853

$24,614

$24,383

$57,530

$55,709

'

'

$322,262

$313,761

'

'

Estimated useful lives

'

'

'

'

'

'

'7

'40

'

'

'3

'20

Accumulated depreciation

-269,137

-258,715

'

'

'

'

'

'

'

'

'

'

Total property and equipment, net

$135,269

$135,138

'

'

'

'

'

'

'

'

'

'

Note_2_Longterm_Debt_Details

Note 2 - Long-term Debt (Details) (USD $)	1 Months Ended
	Oct. 18, 2013	Sep. 30, 2013	Dec. 31, 2012
Subsequent Event [Member] | 2020 Notes [Member]	'	'	'
Note 2 - Long-term Debt (Details) [Line Items]	'	'	'
Proceeds from Notes Payable	$375,000,000	'	'
Debt Instrument, Interest Rate, Effective Percentage	6.98%	'	'
Subsequent Event [Member] | Senior Credit Facility 2012 [Member]	'	'	'
Note 2 - Long-term Debt (Details) [Line Items]	'	'	'
Repayments of Senior Debt	376,000,000	'	'
Term Loan 2012 [Member]	'	'	'
Note 2 - Long-term Debt (Details) [Line Items]	'	'	'
Line of Credit Facility, Amount Outstanding	'	535,000,000	535,000,000
2020 Notes [Member]	'	'	'
Note 2 - Long-term Debt (Details) [Line Items]	'	'	'
Unsecured Debt	'	300,000,000	300,000,000
Debt Instrument, Interest Rate, Stated Percentage	'	7.50%	7.50%
Debt Instrument, Interest Rate, Effective Percentage	'	7.60%	7.60%
Deferred Finance Costs, Net	'	6,400,000	7,100,000
Senior Credit Facility 2012 [Member]	'	'	'
Note 2 - Long-term Debt (Details) [Line Items]	'	'	'
Line of Credit Facility, Amount Outstanding	'	535,000,000	535,000,000
Repayments of Senior Debt	376,000,000	'	'
Debt Instrument, Interest Rate at Period End	'	4.80%	4.80%
Deferred Finance Costs, Net	'	$4,100,000	$4,600,000

Note_2_Longterm_Debt_Details_L

Note 2 - Long-term Debt (Details) - Long-term debt (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Long-term debt including current portion:	'	'
Total long-term debt at liquidation value	$835,000	$835,000
Total long-term debt at recorded value	833,073	832,867
Senior Credit Facility 2012 [Member]	'	'
Long-term debt including current portion:	'	'
2012 Senior Credit Facility	535,000	535,000
Borrowing availability under the 2012 Senior Credit Facility	40,000	40,000
2020 Notes [Member]	'	'
Long-term debt including current portion:	'	'
2020 Notes	300,000	300,000
Less unamortized discount on 2020 Notes	($1,927)	($2,133)

Note_3_Fair_Value_Measurement_

Note 3 - Fair Value Measurement (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Fair Value Disclosures [Abstract]	'	'
Long-term Debt	$833,073,000	$832,867,000
Long-term Debt, Fair Value	$849,700,000	$844,400,000

Note_4_Retirement_Plans_Detail

Note 4 - Retirement Plans (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Note 4 - Retirement Plans (Details) [Line Items]	'
Defined Benefit Plan, Contributions by Employer	$3.70
Minimum [Member]	'
Note 4 - Retirement Plans (Details) [Line Items]	'
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year	1.7
Maximum [Member]	'
Note 4 - Retirement Plans (Details) [Line Items]	'
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year	$4.30

Note_4_Retirement_Plans_Detail1

Note 4 - Retirement Plans (Details) - Components of net periodic benefit cost for our pension plans (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Components of net periodic benefit cost for our pension plans [Abstract]	'	'	'	'
Service cost	$1,291	$1,243	$3,871	$3,538
Interest cost	967	899	2,899	2,559
Expected return on plan assets	-926	-739	-2,774	-2,104
Loss amortization	824	624	2,468	1,775
Net periodic benefit cost	$2,156	$2,027	$6,464	$5,768

Note_5_Stockbased_Compensation2

Note 5 - Stock-based Compensation (Details) (USD $)	9 Months Ended		3 Months Ended			1 Months Ended	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Mar. 19, 2016	Mar. 19, 2015	Mar. 19, 2014	Jan. 31, 2014	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
			Scenario, Forecast [Member]	Scenario, Forecast [Member]	Scenario, Forecast [Member]	Scenario, Forecast [Member]	Incentive Plan 2007 [Member]	Incentive Plan 2007 [Member]	Non-Employee Directors [Member]	Restricted Stock [Member]	Employee Stock Option [Member]
			Executive Officers [Member]	Executive Officers [Member]	Executive Officers [Member]	Non-Employee Directors [Member]
Note 5 - Stock-based Compensation (Details) [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	382,062	432,396	'	'	'	'	318,852	432,396	63,210	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	107,224	0	70,542	70,542	70,542	63,210	107,224	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	'	'	'	'	'	'	'	359,568	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Accelerated Vesting, Number	'	'	'	'	'	'	'	'	'	107,224	63,616
Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost (in Dollars)	$1	'	'	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value (in Dollars)	$1.60	'	'	'	'	'	'	'	'	'	'

Note_5_Stockbased_Compensation3

Note 5 - Stock-based Compensation (Details) - Stock-based compensation expense and related income tax benefit (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Stock-based compensation expense and related income tax benefit [Abstract]	'	'	'	'
Stock-based compensation expense, gross	$255	$170	$1,719	$324
Income tax benefit at our statutory rate associated with stock-based compensation	-99	-66	-670	-126
Stock-based compensation expense, net	$156	$104	$1,049	$198

Note_5_Stockbased_Compensation4

Note 5 - Stock-based Compensation (Details) - Summary of restricted shares (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Restricted stock - common:	'	'
Outstanding - beginning of period	0	0
Outstanding - beginning of period (in Dollars per share)	$0	$0
Granted	382,062	432,396
Granted (in Dollars per share)	$5.20	$1.65
Vested	-107,224	0
Vested (in Dollars per share)	$7.16	$0
Outstanding - end of period	274,838	432,396
Outstanding - end of period (in Dollars per share)	$4.43	$1.65

Note_5_Stockbased_Compensation5

Note 5 - Stock-based Compensation (Details) - Summary of award activity related to our common stock (Incentive Plan 2007 [Member], USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Incentive Plan 2007 [Member]	'	'
Stock options - common:	'	'
Outstanding - beginning of period	1,316,068	1,002,350
Outstanding - beginning of period (in Dollars per share)	$5.98	$7.50
Options granted	'	359,568
Options granted (in Dollars per share)	'	$1.99
Options exercised	-119,822	'
Options exercised (in Dollars per share)	$2.34	'
Options expired	-921,500	-32,150
Options expired (in Dollars per share)	$7.64	$8.61
Options forfeited	'	-1,500
Options forfeited (in Dollars per share)	'	$7.64
Options outstanding - end of period	274,746	1,328,268
Options outstanding - end of period (in Dollars per share)	$1.99	$5.98
Exercisable at end of period	68,688	968,700
Exercisable at end of period (in Dollars per share)	$1.99	$7.47

Note_6_Commitments_and_Conting1

Note 6 - Commitments and Contingencies (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
License Fee Payable to UK [Member] | IMG [Member]	'	'
Note 6 - Commitments and Contingencies (Details) [Line Items]	'	'
Other Commitment	$17.60	'
Payments to Former Employee [Member]	'	'
Note 6 - Commitments and Contingencies (Details) [Line Items]	'	'
Other Commitment	1.5	1.9
Compensation	$0.30	'

Note_7_Goodwill_and_Intangible1

Note 7 - Goodwill and Intangible Assets (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Payments to Acquire Intangible Assets (in Dollars)	$1,329

Note_8_Income_Taxes_Details

Note 8 - Income Taxes (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Tax Disclosure [Abstract]	'	'	'	'
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	'	'	35.00%	35.00%
Effective Income Tax Rate Reconciliation, Percent	38.80%	38.70%	42.60%	38.90%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Compensation Cost, Percent	'	'	2.70%	'
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	'	'	2.90%	4.60%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Percent	'	'	1.80%	0.50%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent	'	'	0.60%	'
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent	'	'	0.40%	1.20%

Note_8_Income_Taxes_Details_In

Note 8 - Income Taxes (Details) - Income tax expense benefit and effective income tax rate (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income tax expense benefit and effective income tax rate [Abstract]	'	'	'	'
Income tax expense (in Dollars)	$4,491	$10,035	$9,715	$19,250
Effective income tax rate	38.80%	38.70%	42.60%	38.90%

Note_9_Subsequent_Events_Detai

Note 9 - Subsequent Events (Details) (USD $)	9 Months Ended	0 Months Ended	1 Months Ended					1 Months Ended
	Sep. 30, 2012	Nov. 04, 2013	Oct. 18, 2013	Oct. 18, 2013	Nov. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Oct. 18, 2013
		Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	2020 Notes [Member]	2020 Notes [Member]	Senior Credit Facility 2012 [Member]
		Yellowstone [Member]	2020 Notes [Member]	Senior Credit Facility 2012 [Member]
Note 9 - Subsequent Events (Details) [Line Items]	'	'	'	'	'	'	'	'
Payments to Acquire Businesses, Gross	'	$23,000,000	'	'	$9,000,000	'	'	'
Business Acquisition, Percentage of Non-Voting Interests Acquired	'	99.00%	'	'	'	'	'	'
Guaranty Liabilities	'	'	'	'	3,000,000	'	'	'
Debt Instrument, Face Amount	'	'	375,000,000	'	'	'	'	'
Debt Instrument Premium Discount Percentage	'	'	102.13%	'	'	'	'	'
Proceeds from Issuance of Long-term Debt	3,000,000	'	383,000,000	'	'	'	'	'
Debt Instrument, Interest Rate, Effective Percentage	'	'	6.98%	'	'	7.60%	7.60%	'
Repayments of Senior Debt	'	'	'	$376,000,000	'	'	'	$376,000,000