Gray Television (GTN) 10-Q 5 May 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document Information [Line Items]
Entity Registrant Name	GRAY TELEVISION INC
Document Type	10-Q
Current Fiscal Year End Date	-19
Amendment Flag	FALSE
Entity Central Index Key	43196
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		6,244,010
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		66,105,514

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash	$224,613	$30,769
Accounts receivable, less allowance for doubtful accounts of $1,863 and $1,667, respectively	99,388	106,692
Deferred tax asset	18,855	18,855
Prepaid and other current assets	6,431	2,223
Total current assets	355,821	168,304
Property and equipment, net	213,794	221,811
Deferred loan costs, net	17,849	18,651
Broadcast licenses	1,023,580	1,023,580
Goodwill	374,980	374,390
Other intangible assets, net	46,605	47,802
Investment in broadcasting company	13,599	13,599
Other	3,112	3,443
Total assets	2,049,340	1,871,580
Current liabilities:
Accounts payable	6,008	4,613
Employee compensation and benefits	18,281	25,160
Accrued interest	30,008	17,623
Deferred revenue	2,057	7,486
Total current liabilities	79,027	80,022
Other accrued expenses	7,161	6,218
Federal and state income taxes	1,748	1,894
Long-term debt	1,236,185	1,236,401
Program broadcast obligations, less current portion	1,759	2,000
Deferred income taxes	296,573	292,679
Accrued pension costs	45,735	43,334
Other	852	952
Total liabilities	1,660,131	1,655,388
Stockholders’ equity:
Common stock	654,358	486,317
Accumulated deficit	-197,344	-202,939
Accumulated other comprehensive loss, net of income tax benefit	-20,812	-20,812
	453,784	279,662
Treasury stock	-41,890	-41,072
Total stockholders’ equity	389,209	216,192
Syndicated Program Film Rights Current [Member]
Current assets:
Current portion of program broadcast rights, net	6,534	9,765
Current liabilities:
Program broadcast rights and obligations	-6,534	-9,765
Network Programming Obligations Current [Member]
Current assets:
Current portion of program broadcast rights, net	-7,081	-7,129
Current liabilities:
Program broadcast rights and obligations	7,081	7,129
Syndicated Program Film Obligations Current Current [Member]
Current assets:
Current portion of program broadcast rights, net	-6,683	-9,899
Current liabilities:
Program broadcast rights and obligations	6,683	9,899
Common Class A [Member]
Stockholders’ equity:
Common stock	17,582	17,096
Treasury stock	-22,685	-22,398
Total stockholders’ equity	389,209	216,192
Total liabilities and stockholders’ equity	$2,049,340	$1,871,580

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Allowance for doubtful accounts (in Dollars)	$1,863	$1,667
Common stock, par value (in Dollars per share)	$0	$0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	70,988,090	57,326,180
Treasury stock, shares	4,882,705	4,814,716
Common Class A [Member]
Common stock, par value (in Dollars per share)	$0	$0
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	7,855,381	7,567,868
Treasury stock, shares	1,611,371	1,578,554

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenue (less agency commissions)	$133,303	$91,297
Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:
Broadcast	86,847	60,384
Corporate and administrative	6,847	6,499
Depreciation	8,798	6,384
Amortization of intangible assets	2,771	289
(Gain) loss on disposals of assets, net	-18	331
Operating expenses	105,245	73,887
Operating income	28,058	17,410
Other income (expense):
Miscellaneous income, net	7
Interest expense	-18,530	-15,274
Income before income taxes	9,535	2,136
Income tax expense	3,940	859
Net income	$5,595	$1,277
Basic per share information:
Net income (in Dollars per share)	$0.10	$0.02
Weighted average shares outstanding (in Shares)	58,224	57,847
Diluted per share information:
Net income (in Dollars per share)	$0.10	$0.02
Weighted average shares outstanding (in Shares)	58,737	58,286
Dividends declared per common share (in Dollars per share)	$0	$0

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (USD $)	Common Stock [Member]	Common Stock [Member]	Common Stock [Member]	Common Stock [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Treasury Stock [Member]	Treasury Stock [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Common Class A [Member]	2007 Incentive Plan [Member]	401(k) Plan [Member]	Total
In Thousands, except Share data, unless otherwise specified	Common Class A [Member]	Common Class A [Member]	2007 Incentive Plan [Member]	401(k) Plan [Member]	USD ($)	USD ($)	Common Class A [Member]	Common Class A [Member]	2007 Incentive Plan [Member]	USD ($)	USD ($)	USD ($)	401(k) Plan [Member]	USD ($)	USD ($)
	2007 Incentive Plan [Member]	USD ($)	401(k) Plan [Member]	USD ($)			2007 Incentive Plan [Member]	USD ($)	401(k) Plan [Member]				USD ($)
	401(k) Plan [Member]						401(k) Plan [Member]		USD ($)
							USD ($)
Balance at December 31, 2014 at Dec. 31, 2014		$17,096			$486,317	($202,939)		($22,398)		($41,072)	($20,812)	$216,192			$216,192
Balance at December 31, 2014 (in Shares) at Dec. 31, 2014		7,567,868			57,326,180			-1,578,554		-4,814,716
Net income						5,595									5,595
Issuance of common stock:
Underwritten public offering					167,528										167,528
Underwritten public offering (in Shares)					13,511,040
Issuance of common stock, Employee Benefit Plan				6			-287		-818				-1,105	6
Issuance of common stock, Employee Benefit Plan (in Shares)	287,513		150,308	562			-32,817		-67,989
Share-based compensation		486			507										993
Balance at March 31, 2015 at Mar. 31, 2015		$17,582			$654,358	($197,344)		($22,685)		($41,890)	($20,812)	$389,209			$389,209
Balance at March 31, 2015 (in Shares) at Mar. 31, 2015		7,855,381			70,988,090			-1,611,371		-4,882,705

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Operating activities
Net income	$5,595	$1,277
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	8,798	6,384
Amortization of intangible assets	2,771	289
Amortization of deferred loan costs	799	692
Net amortization of original issue discount and premium related to long-term debt	-216	-216
Amortization of restricted stock and stock option awards	993	2,071
Amortization of program broadcast rights	3,607	2,913
Payments on program broadcast obligations	-3,588	-3,823
Common stock contributed to 401(k) plan	6	6
Deferred income taxes	3,894	849
(Gain) loss on disposals of assets, net	-18	331
Other	2,302	546
Changes in operating assets and liabilities:
Accounts receivable	7,304	618
Other current assets	-4,121	-5,851
Accounts payable	1,395	992
Other current liabilities	-12,662	-3,272
Accrued interest	12,384	12,633
Net cash provided by operating activities	29,243	16,439
Investing activities
Purchases of property and equipment	-2,849	-3,802
Proceeds from asset sales	47	981
Other	-129	161
Net cash used in investing activities	-2,931	-2,660
Financing activities
Repayments of borrowings on long-term debt		-108
Proceeds from issuance of common stock	167,528
Deferred and other loan costs	4	-105
Net cash provided by (used in) financing activities	167,532	-213
Net increase in cash	193,844	13,566
Cash at beginning of period	30,769	13,478
Cash at end of period	$224,613	$27,044

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2015
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. (and its consolidated subsidiaries, except as the context otherwise provides,“Gray,” the “Company,” “we,” “us,” and “our”) as of December 31, 2014, which was derived from the Company’s audited financial statements as of December 31, 2014 and our accompanying unaudited condensed consolidated financial statements as of March 31, 2015 and for the periods ended March 31, 2015 and 2014 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, 2014 (the “2014 Form 10-K”). Our financial condition as of, and operating results for the three-month period ended, March 31, 2015 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, 2015.
	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 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 all potentially dilutive common shares, including restricted shares and shares underlying stock options, in the denominator of the diluted weighted-average shares outstanding calculation, unless their inclusion would be antidilutive.
	The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding for the three-month periods ended March 31, 2015 and 2014 (in thousands):
			Three Months Ended
			March 31,
			2015			2014
	Weighted-average shares outstanding-basic			58,224			57,847
	Common stock equivalents for stock options and restricted stock			513			439
	Weighted-average shares outstanding-diluted			58,737			58,286
	Accumulated Other Comprehensive Loss
	Our accumulated other comprehensive loss balances as of March 31, 2015 and December 31, 2014 consist of adjustments to our pension liability and income tax benefit as follows (in thousands):
			March 31,			December 31,
			2015			2014
	Accumulated balances of items included in accumulated other comprehensive loss:
	Increase in pension liability		$	(34,117	)	$	(34,117	)
	Income tax benefit			(13,305	)		(13,305	)
	Accumulated other comprehensive loss		$	(20,812	)	$	(20,812	)
	Our comprehensive income for the three-month periods ended March 31, 2015 and 2014 consisted entirely of net income. Therefore, a consolidated statement of comprehensive income is not presented for the three-month periods ended March 31, 2015 or 2014.
	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 (in thousands):
			March 31,			December 31,			Estimated Useful Lives
			2015			2014			(in years)
	Property and equipment:
	Land		$	32,114		$	32,085
	Buildings and improvements			77,780			77,477			7 to 40
	Equipment			394,590			394,569			3 to 20
				504,484			504,131
	Accumulated depreciation			(290,690	)		(282,320	)
	Total property and equipment, net		$	213,794		$	221,811
	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 May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09 - Revenue from Contracts with Customers (Topic 606). ASU 2014-09 provides new guidance on revenue recognition for revenue from contracts with customers and will replace most existing revenue recognition guidance when it becomes effective. This guidance requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The standard is intended to improve comparability of revenue recognition practices across entities and provide more useful information through improved financial statement disclosures. The standard is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact of the requirements of this ASU on our financial statements.
	In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40) - Disclosure of Uncertainties about an Entity’s Ability to continue as a Going Concern. ASU 2014-15 defines management’s responsibility to evaluate whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern. This evaluation is required for each interim and annual period. The standard is intended to reduce diversity in the timing and content of footnote disclosures and require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. The standard is effective for interim and annual periods ending after December 15, 2016. Early adoption is permitted. We do not expect that the adoption of this ASU will have a material impact on our financial statements.
	In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 amends previous guidance to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted for financial statements that have not been previously issued. We expect that the affected amounts on our balance sheets will be reclassified within our balance sheets to conform to this standard. We do not expect that the adoption of this ASU will have a material impact on our financial statements.

Note_2_Longterm_Debt

Note 2 - Long-term Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	2	Long-term Debt
	As of March 31, 2015 and December 31, 2014, long-term debt primarily consisted of obligations under our 2014 Senior Credit Facility (the “Senior Credit Facility”), and our 7½% Senior Notes due 2020 (the “2020 Notes”), as follows (in thousands):
			March 31,		December 31,
			2015		2014
	Long-term debt including current portion:
	Senior Credit Facility		$	556,438	$	556,438
	2020 Notes			675,000		675,000
	Total outstanding principal			1,231,438		1,231,438
	Unamortized premium on our 2020 Notes			4,747		4,963
	Net carrying value		$	1,236,185	$	1,236,401
	Borrowing availability under Revolving Credit Facility		$	50,000	$	50,000
	Our Senior Credit Facility consists of a revolving loan (the “Revolving Credit Facility”) and a term loan. Excluding accrued interest, the amount outstanding under our Senior Credit Facility as of March 31, 2015 and December 31, 2014 consisted solely of a term loan balance of $556.4 million. Our maximum borrowing availability under our Revolving Credit Facility is limited by our required compliance with certain restrictive covenants, including a first lien net leverage ratio covenant.
	As of March 31, 2015 and December 31, 2014, we had $675.0 million of our 2020 Notes outstanding, at their face value.
	As of March 31, 2015 and December 31, 2014, the interest rate on the balance outstanding under the Senior Credit Facility was 3.8%. The coupon interest rate was 7.5% and the yield was 7.3% on the 2020 Notes.
	As of March 31, 2015 and December 31, 2014, we had a deferred loan cost balance, net of accumulated amortization, of $7.1 million and $7.4 million, respectively, related to the Senior Credit Facility; and we had a deferred loan cost balance, net of accumulated amortization, of $10.8 million and $11.3 million, respectively, related to our 2020 Notes.
	Our obligations under the Senior Credit Facility are secured by substantially all of our consolidated subsidiaries' assets, including real estate. In addition, substantially all of our subsidiaries are joint and several guarantors of, and our ownership interests in those subsidiaries are pledged to collateralize, our obligations under the Senior Credit Facility. Gray Television, Inc. is a holding company with no material independent assets or operations. For all periods presented, the 2020 Notes have been fully and unconditionally guaranteed, on a joint and several, senior unsecured basis, by substantially all of Gray Television, Inc.'s subsidiaries. Any subsidiaries which do not guarantee such notes are "minor" (as defined in Rule 3-10(h) of Regulation S-X). As of March 31, 2015, there were no significant restrictions on the ability of Gray Television, Inc.'s subsidiaries to distribute cash to Gray or to the guarantor subsidiaries.
	The 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 not to exceed certain maximum limits, as well as other customary covenants for credit facilities of this type. The 2020 Notes include covenants with which we must comply which are typical for borrowing transactions of their respective nature. As of March 31, 2015 and December 31, 2014, we were in compliance with all required covenants under all our debt obligations.

Note_3_Stockholders_Equity

Note 3 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	3	Stockholders’ Equity
	On March 31, 2015, we completed an underwritten offering of 13.5 million shares of our common stock at a price to the public of $13.00 per share pursuant to an effective shelf registration statement. The net proceeds from the offering were $167.5 million, after deducting underwriting discounts of $7.5 million and expenses of $0.7 million. We have placed the net proceeds from the offering in our corporate treasury for general corporate purposes, and such proceeds may be used from time to time for, among other things, repayment of outstanding debt, capital expenditures, the financing of possible future business expansions and acquisitions, increasing our working capital and the financing of ongoing operating expenses and overhead.
	We are authorized to issue 135 million shares of all classes of stock, of which 15 million shares are designated Class A common stock, 100 million shares are designated common stock, and 20 million shares are designated “blank check” preferred stock for which our Board of Directors has the authority to determine the rights, powers, limitations and restrictions. The rights of our common stock and Class A common stock are identical, except that our Class A common stock has 10 votes per share and our common stock has one vote per share. Our common stock and Class A common stock are entitled to receive cash dividends if declared, on an equal per-share basis.
	Our Board of Directors has authorized Gray to repurchase an aggregate of up to 5 million shares of its common stock and Class A common stock at times as management deems appropriate, subject to any contractual or other restrictions. As of March 31, 2015, 279,200 shares of our common stock and Class A common stock remain available for repurchase under these authorizations. There is no expiration date for these authorizations. Shares repurchased are held as treasury shares and used for general corporate purposes including, but not limited to, satisfying obligations under our employee benefit plans and long term incentive plans. Treasury stock is recorded at cost. During the quarters ended March 31, 2015 and 2014, we did not make any repurchases under these authorizations.
	For the three months ended March 31, 2015 and for the year ended December 31, 2014, we did not declare or pay any common stock or Class A common stock dividends.
	Under our various employee benefit plans, we may, at our discretion, issue authorized and unissued shares, or previously issued shares held in treasury, of our common stock or our Class A common stock. As of March 31, 2015, we had reserved 6,965,301 shares and 476,193 shares of our common stock and Class A common stock, respectively, for future issuance under various employee benefit plans. As of December 31, 2014, we had reserved 7,116,171 shares and 763,706 shares of our common stock and Class A common stock, respectively, for future issuance under various employee benefit plans.

Note_4_Fair_Value_Measurement

Note 4 - Fair Value Measurement	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	4	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 may 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 $1.2 billion and $1.2 billion, respectively, and the fair value was $1.3 billion and $1.2 billion, respectively, as of March 31, 2015 and December 31, 2014. We classify 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 March 31, 2015 and December 31, 2014.

Note_5_Retirement_Plans

Note 5 - Retirement Plans	3 Months Ended
	Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	5	Retirement Plans
	The following table provides the components of net periodic benefit cost for our pension plans for the three- month periods ended March 31, 2015 and 2014, respectively (in thousands):
			Three Months Ended March 31,
			2015			2014
	Service cost		$	1,711		$	1,345
	Interest cost			1,254			1,070
	Expected return on plan assets			(1,404	)		(1,094	)
	Loss amortization			840			252
	Net periodic benefit cost		$	2,401		$	1,573
	During the three months ended March 31, 2015, we did not make a contribution to our pension plans. During the remainder of 2015, we expect to contribute between $2.0 million and $5.3 million to our pension plans.

Note_6_Stockbased_Compensation

Note 6 - Stock-based Compensation	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	6	Stock-based Compensation
	We recognize compensation expense for stock-based payment awards made to our employees and directors, including stock options and restricted shares under our 2007 Long-Term Incentive Plan, as amended (the “2007 Incentive Plan”) and our Directors’ Restricted Stock Plan. The following table provides our stock-based compensation expense and related income tax benefit for the three-month periods ended March 31, 2015 and 2014, respectively (in thousands).
			Three Months Ended March 31,
			2015			2014
	Stock-based compensation expense, gross		$	993		$	2,071
	Income tax benefit at our statutory rate associated with stock-based compensation			(387	)		(808	)
	Stock-based compensation expense, net		$	606		$	1,263
	2007 Long-Term Incentive Plan
	The 2007 Long-Term Incentive Plan provides for the grant of incentive stock options, nonqualified stock options, restricted stock awards, stock appreciation rights, and performance awards to acquire shares of our Class A common stock or common stock, or other awards based on our performance, to our employees and non-employee directors.
	During the three-month period ended March 31, 2015, we granted 150,308 shares of restricted common stock to our employees, of which 50,102 shares will vest on January 31, 2016; 50,100 shares will vest on January 31, 2017; and 50,106 shares will vest on January 31, 2018. Also during the three-month period ended March 31, 2015, we granted 229,322 shares of restricted Class A common stock to our employees, of which 76,442 shares will vest on each of January 31, 2016 and January 31, 2017; and 76,438 shares will vest on January 31, 2018. Also during the three-month period ended March 31, 2015, we granted 58,191 shares of restricted Class A common stock to our non-employee directors, all of which will vest on January 31, 2016. During the three-month period ended March 31, 2014, we granted 312,961 shares of restricted common stock to our employees, of which 68,991 shares vested on the date of grant; 127,316 shares vested on January 17, 2015; and 58,327 shares will vest on each of January 17, 2016 and 2017. Also during the three months ended March 31, 2014, we granted 194,413 shares of restricted Class A common stock to an employee, of which 31,821 shares vested on the date of grant; 75,412 shares vested on January 17, 2015 and 43,590 shares will vest on each of January 17, 2016 and 2017. Also during the three-month period ended March 31, 2014, we granted 41,881 shares of restricted Class A common stock to our non-employee directors, all of which vested on January 1, 2015.
	Directors’ Restricted Stock Plan
	The Directors’ Restricted Stock Plan authorizes the grant of restricted stock awards to our non-employee directors. During the three-month periods ended March 31, 2015 and 2014, we did not grant any restricted stock awards under the Directors’ Restricted Stock Plan.
	A summary of restricted common stock activity for the three-month periods ended March 31, 2015 and 2014 is as follows:
			Three Months Ended
			31-Mar-15						31-Mar-14
						Weighted-						Weighted-
						Average						Average
			Number			Grant Date			Number			Grant Date
			of			Fair Value			of			Fair Value
			Shares			Per Share			Shares			Per Share
	Restricted stock - common:
	Outstanding - beginning of period			385,056		$	9.09			274,838		$	4.43
	Granted			150,308		$	10.27			312,961		$	11.78
	Vested			(197,858	)	$	9.16			(202,743	)	$	6.93
	Outstanding - end of period			337,506		$	9.57			385,056		$	9.09
	A summary of restricted Class A common stock activity for the three-month periods ended March 31, 2015 and 2014 is as follows:
			Three Months Ended
			31-Mar-15						31-Mar-14
						Weighted-						Weighted-
						Average						Average
			Number			Grant Date			Number			Grant Date
			of			Fair Value			of			Fair Value
			Shares			Per Share			Shares			Per Share
	Restricted stock - Class A common:
	Outstanding - beginning of period			204,473		$	9.81			-		$	-
	Granted			287,513		$	9.37			236,294		$	9.8
	Vested			(117,293	)	$	9.85			(31,821	)	$	9.75
	Outstanding - end of period			374,693		$	9.46			204,473		$	9.81
	A summary of stock option activity related to our common stock for the three-month periods ended March 31, 2015 and 2014 is as follows:
			Three Months Ended
			31-Mar-15						31-Mar-14
						Weighted-						Weighted-
			Number of			Average			Number of			Average
			Shares			Exercise			Shares			Exercise
			Underlying			Price			Underlying			Price
			Options			Per Share			Options			Per Share
	Stock options - common:
	Outstanding - beginning of period			274,746		$	1.99			274,746		$	1.99
	Options exercised			-		$	-			-		$	-
	Options expired			-		$	-			-		$	-
	Outstanding - end of period			274,746		$	1.99			274,746		$	1.99
	Exercisable at end of period			137,376		$	1.99			68,688		$	1.99
	During the three-month period ended March 31, 2015, we did not have any stock options outstanding for our Class A common stock. The aggregate intrinsic value of our outstanding stock options was $3.3 million based on the closing market price of our common stock on March 31, 2015.

Note_7_Commitments_and_Conting

Note 7 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	7	Commitments and Contingencies
	Acquisition Commitments
	As of March 31, 2015, we were party to one acquisition agreement pursuant to which we have committed to pay an aggregate of approximately $17.5 million to complete a pending acquisition of two television stations in the Twin Falls, Idaho, market (the “Twin Falls Acquisition”). On April 23, 2015, we announced that we had entered into an acquisition agreement pursuant to which we have committed to pay approximately $10.25 million to acquire a television station in the Presque Isle, Maine, market (the “Presque Isle Acquisition”). Completion of these acquisitions is subject to various conditions, some of which are outside of our control, including applicable regulatory approvals. No assurances of the timing of such approvals can be provided, although we currently anticipate closing both acquisitions in the third quarter of 2015.
	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.

Note_8_Goodwill_and_Intangible

Note 8 - Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	8	Goodwill and Intangible Assets
	Our intangible assets are primarily comprised of broadcast licenses. There were no triggering events that required a test of impairment of our goodwill or intangible assets during the three-month periods ended March 31, 2015 or 2014.

Note_9_Income_Taxes

Note 9 - Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	9	Income Taxes
	For the three-month periods ended March 31, 2015 and 2014, our income tax expense and effective income tax rates were as follows (dollars in thousands):
			Three Months Ended March 31,
			2015			2014
	Income tax expense		$	3,940		$	859
	Effective income tax rate			41.3	%		40.2	%
	We estimate our differences between taxable income or loss and recorded income or loss on an annual basis. Our tax provision for each quarter is based upon these full year projections, which are revised each reporting period. These projections incorporate estimates of permanent differences between U.S. GAAP income or loss and taxable income or loss, state income taxes and adjustments to our liability for unrecognized tax benefits to adjust our statutory Federal income tax rate of 35.0% to our effective income tax rate. For the three-month period ended March 31, 2015, these estimates increased or decreased our statutory Federal income tax rate of 35.0% to our effective income tax rate of 41.3% as follows: state income taxes added 4.6%, permanent differences between our U.S. GAAP income and taxable income added 1.6%, a discrete share based compensation adjustment added 1.0% and adjustments to our reserve for uncertain tax positions resulted in a reduction of 0.9%. For the three-month period ended March 31, 2014, these estimates increased or decreased our statutory Federal income tax rate of 35.0% to our effective income tax rate of 40.2% as follows: state income taxes added 4.4%, permanent differences between our U.S. GAAP income and taxable income added 1.0%, and adjustments to our reserve for uncertain tax positions resulted in a reduction of 0.2%.

Note_10_Subsequent_Event

Note 10 - Subsequent Event	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	10	Subsequent Event
	On April 23, 2015, we announced that we had entered into an agreement with NEPSK, Inc. to acquire WAGM-TV in Presque Isle, Maine, for $10.25 million in cash. WAGM-TV’s two digital channels are affiliated with the CBS Network and the FOX Network. Also on April 23, 2015 we paid a deposit of $1.0 million into escrow related to this acquisition. We expect to finance the transaction with cash on hand. The transaction is subject to receipt of regulatory and other approvals and is expected to close in the third quarter of 2015.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Revenue Recognition, Policy [Policy Text Block]	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 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, 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 all potentially dilutive common shares, including restricted shares and shares underlying stock options, in the denominator of the diluted weighted-average shares outstanding calculation, unless their inclusion would be antidilutive.
	The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding for the three-month periods ended March 31, 2015 and 2014 (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Weighted-average shares outstanding-basic		58,224			57,847
	Common stock equivalents for stock options and restricted stock		513			439
	Weighted-average shares outstanding-diluted		58,737			58,286
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Loss
	Our accumulated other comprehensive loss balances as of March 31, 2015 and December 31, 2014 consist of adjustments to our pension liability and income tax benefit as follows (in thousands):
		March 31,			December 31,
		2015			2014
	Accumulated balances of items included in accumulated other comprehensive loss:
	Increase in pension liability	$	(34,117	)	$	(34,117	)
	Income tax benefit		(13,305	)		(13,305	)
	Accumulated other comprehensive loss	$	(20,812	)	$	(20,812	)
	Our comprehensive income for the three-month periods ended March 31, 2015 and 2014 consisted entirely of net income. Therefore, a consolidated statement of comprehensive income is not presented for the three-month periods ended March 31, 2015 or 2014.
Property, Plant and Equipment, Policy [Policy Text Block]	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 (in thousands):
		March 31,			December 31,			Estimated Useful Lives
		2015			2014			(in years)
	Property and equipment:
	Land	$	32,114		$	32,085
	Buildings and improvements		77,780			77,477			7 to 40
	Equipment		394,590			394,569			3 to 20
			504,484			504,131
	Accumulated depreciation		(290,690	)		(282,320	)
	Total property and equipment, net	$	213,794		$	221,811
Loans and Leases Receivable, Allowance for Loan Losses 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 May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09 - Revenue from Contracts with Customers (Topic 606). ASU 2014-09 provides new guidance on revenue recognition for revenue from contracts with customers and will replace most existing revenue recognition guidance when it becomes effective. This guidance requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The standard is intended to improve comparability of revenue recognition practices across entities and provide more useful information through improved financial statement disclosures. The standard is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact of the requirements of this ASU on our financial statements.
	In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40) - Disclosure of Uncertainties about an Entity’s Ability to continue as a Going Concern. ASU 2014-15 defines management’s responsibility to evaluate whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern. This evaluation is required for each interim and annual period. The standard is intended to reduce diversity in the timing and content of footnote disclosures and require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. The standard is effective for interim and annual periods ending after December 15, 2016. Early adoption is permitted. We do not expect that the adoption of this ASU will have a material impact on our financial statements.
	In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 amends previous guidance to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted for financial statements that have not been previously issued. We expect that the affected amounts on our balance sheets will be reclassified within our balance sheets to conform to this standard. We do not expect that the adoption of this ASU will have a material impact on our financial statements.

Note_1_Basis_of_Presentation_T

Note 1 - Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Weighted Average Number of Shares [Table Text Block]		Three Months Ended
		March 31,
		2015			2014
	Weighted-average shares outstanding-basic		58,224			57,847
	Common stock equivalents for stock options and restricted stock		513			439
	Weighted-average shares outstanding-diluted		58,737			58,286
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]		March 31,			December 31,
		2015			2014
	Accumulated balances of items included in accumulated other comprehensive loss:
	Increase in pension liability	$	(34,117	)	$	(34,117	)
	Income tax benefit		(13,305	)		(13,305	)
	Accumulated other comprehensive loss	$	(20,812	)	$	(20,812	)
Property, Plant and Equipment [Table Text Block]		March 31,			December 31,			Estimated Useful Lives
		2015			2014			(in years)
	Property and equipment:
	Land	$	32,114		$	32,085
	Buildings and improvements		77,780			77,477			7 to 40
	Equipment		394,590			394,569			3 to 20
			504,484			504,131
	Accumulated depreciation		(290,690	)		(282,320	)
	Total property and equipment, net	$	213,794		$	221,811

Note_2_Longterm_Debt_Tables

Note 2 - Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]		March 31,		December 31,
		2015		2014
	Long-term debt including current portion:
	Senior Credit Facility	$	556,438	$	556,438
	2020 Notes		675,000		675,000
	Total outstanding principal		1,231,438		1,231,438
	Unamortized premium on our 2020 Notes		4,747		4,963
	Net carrying value	$	1,236,185	$	1,236,401
	Borrowing availability under Revolving Credit Facility	$	50,000	$	50,000

Note_5_Retirement_Plans_Tables

Note 5 - Retirement Plans (Tables)	3 Months Ended
	Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs [Table Text Block]		Three Months Ended March 31,
		2015			2014
	Service cost	$	1,711		$	1,345
	Interest cost		1,254			1,070
	Expected return on plan assets		(1,404	)		(1,094	)
	Loss amortization		840			252
	Net periodic benefit cost	$	2,401		$	1,573

Note_6_Stockbased_Compensation1

Note 6 - Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2015
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 March 31,
		2015			2014
	Stock-based compensation expense, gross	$	993		$	2,071
	Income tax benefit at our statutory rate associated with stock-based compensation		(387	)		(808	)
	Stock-based compensation expense, net	$	606		$	1,263
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]		Three Months Ended
		31-Mar-15						31-Mar-14
					Weighted-						Weighted-
					Average						Average
		Number			Grant Date			Number			Grant Date
		of			Fair Value			of			Fair Value
		Shares			Per Share			Shares			Per Share
	Restricted stock - common:
	Outstanding - beginning of period		385,056		$	9.09			274,838		$	4.43
	Granted		150,308		$	10.27			312,961		$	11.78
	Vested		(197,858	)	$	9.16			(202,743	)	$	6.93
	Outstanding - end of period		337,506		$	9.57			385,056		$	9.09
		Three Months Ended
		31-Mar-15						31-Mar-14
					Weighted-						Weighted-
					Average						Average
		Number			Grant Date			Number			Grant Date
		of			Fair Value			of			Fair Value
		Shares			Per Share			Shares			Per Share
	Restricted stock - Class A common:
	Outstanding - beginning of period		204,473		$	9.81			-		$	-
	Granted		287,513		$	9.37			236,294		$	9.8
	Vested		(117,293	)	$	9.85			(31,821	)	$	9.75
	Outstanding - end of period		374,693		$	9.46			204,473		$	9.81
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]		Three Months Ended
		31-Mar-15						31-Mar-14
					Weighted-						Weighted-
		Number of			Average			Number of			Average
		Shares			Exercise			Shares			Exercise
		Underlying			Price			Underlying			Price
		Options			Per Share			Options			Per Share
	Stock options - common:
	Outstanding - beginning of period		274,746		$	1.99			274,746		$	1.99
	Options exercised		-		$	-			-		$	-
	Options expired		-		$	-			-		$	-
	Outstanding - end of period		274,746		$	1.99			274,746		$	1.99
	Exercisable at end of period		137,376		$	1.99			68,688		$	1.99

Note_9_Income_Taxes_Tables

Note 9 - Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]		Three Months Ended March 31,
		2015			2014
	Income tax expense	$	3,940		$	859
	Effective income tax rate		41.3	%		40.2	%

Note_1_Basis_of_Presentation_D

Note 1 - Basis of Presentation (Details)	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Minimum Percentage of Receivable Balances for Creating Allowance For Doubtful Accounts	85.00%
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
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Reconciliation of Basic Weighted-average Shares Outstanding to Diluted Weighted-average Shares Outstanding [Abstract]
Weighted-average shares outstanding-basic	58,224	57,847
Common stock equivalents for stock options and restricted stock	513	439
Weighted-average shares outstanding-diluted	58,737	58,286

Note_1_Basis_of_Presentation_D2

Note 1 - Basis of Presentation (Details) - Accumulated Other Comprehensive Loss (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Accumulated balances of items included in accumulated other comprehensive loss:
Increase in pension liability	($34,117)	($34,117)
Income tax benefit	-13,305	-13,305
Accumulated other comprehensive loss	($20,812)	($20,812)

Note_1_Basis_of_Presentation_D3

Note 1 - Basis of Presentation (Details) - Property and Equipment (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Property and equipment:
Property, plant and equipment, gross	504,484	$504,131
Accumulated depreciation	-290,690	-282,320
Total property and equipment, net	213,794	221,811
Land [Member]
Property and equipment:
Property, plant and equipment, gross	32,114	32,085
Building and Building Improvements [Member] | Minimum [Member]
Property and equipment:
Property, plant and equipment, estimated useful life	7 years
Building and Building Improvements [Member]
Property and equipment:
Property, plant and equipment, gross	77,780	77,477
Equipment [Member] | Minimum [Member]
Property and equipment:
Property, plant and equipment, estimated useful life	3 years
Equipment [Member]
Property and equipment:
Property, plant and equipment, gross	394,590	$394,569

Note_2_Longterm_Debt_Details

Note 2 - Long-term Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
2014 Term Loan [Member]
Note 2 - Long-term Debt (Details) [Line Items]
Long-term Debt, Gross	$556,400,000	$556,400,000
2020 Notes [Member]
Note 2 - Long-term Debt (Details) [Line Items]
Unsecured Debt	675,000,000	675,000,000
Debt Instrument, Interest Rate, Stated Percentage	7.50%
Debt Instrument, Interest Rate, Effective Percentage	7.30%
Deferred Finance Costs, Net	10,800,000	11,300,000
2014 Senior Credit Facility [Member]
Note 2 - Long-term Debt (Details) [Line Items]
Long-term Debt, Gross	556,438,000	556,438,000
Debt Instrument, Interest Rate, Stated Percentage	3.80%	3.80%
Deferred Finance Costs, Net	$7,100,000	$7,400,000

Note_2_Longterm_Debt_Details_L

Note 2 - Long-term Debt (Details) - Long-term Debt Summary (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Long-term debt including current portion:
Total outstanding principal	$1,231,438	$1,231,438
Net carrying value	1,236,185	1,236,401
2014 Senior Credit Facility [Member]
Long-term debt including current portion:
Senior Credit Facility	556,438	556,438
2020 Notes [Member]
Long-term debt including current portion:
2020 Notes	675,000	675,000
Unamortized premium on our 2020 Notes	4,747	4,963
2014 Revolving Credit Facility [Member]
Long-term debt including current portion:
Borrowing availability under Revolving Credit Facility	$50,000	$50,000

Note_3_Stockholders_Equity_Det

Note 3 - Stockholders' Equity (Details) (USD $)	3 Months Ended	1 Months Ended
	Mar. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Note 3 - Stockholders' Equity (Details) [Line Items]
Proceeds from Issuance of Common Stock (in Dollars)	$167,528,000
Capital Units, Authorized	135,000,000	135,000,000
Common Stock, Shares Authorized	100,000,000	100,000,000	100,000,000
Common Stock, Voting Rights, Votes Per Share	1	1
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	5,000,000	5,000,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	279,200	279,200
Common Stock, Capital Shares Reserved for Future Issuance	6,965,301	6,965,301	7,116,171
Common Class A [Member]
Note 3 - Stockholders' Equity (Details) [Line Items]
Common Stock, Shares Authorized	15,000,000	15,000,000	15,000,000
Common Stock, Voting Rights, Votes Per Share	10	10
Common Stock, Capital Shares Reserved for Future Issuance	476,193	476,193	763,706
Blank Check Preferred Stock [Member]
Note 3 - Stockholders' Equity (Details) [Line Items]
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Underwritten Offering [Member]
Note 3 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, New Issues		13,500,000
Share Price (in Dollars per share)	$13	$13
Proceeds from Issuance of Common Stock (in Dollars)		167,500,000
Issuance of Stock, Underwriting Discount (in Dollars)		7,500,000
Issuance of Stock, Underwriting Expenses (in Dollars)		$700,000

Note_4_Fair_Value_Measurement_

Note 4 - Fair Value Measurement (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Billions, unless otherwise specified
Fair Value Disclosures [Abstract]
Long-term Debt	$1.20	$1.20
Long-term Debt, Fair Value	$1.30	$1.20

Note_5_Retirement_Plans_Detail

Note 5 - Retirement Plans (Details) (USD $)	3 Months Ended
	Mar. 31, 2015
Note 5 - Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Contributions by Employer	$0
Minimum [Member]
Note 5 - Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	2,000,000
Maximum [Member]
Note 5 - Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	$5,300,000

Note_5_Retirement_Plans_Detail1

Note 5 - Retirement Plans (Details) - Components of Net Periodic Benefit Cost for Pension Plans (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Components of Net Periodic Benefit Cost for Pension Plans [Abstract]
Service cost	$1,711	$1,345
Interest cost	1,254	1,070
Expected return on plan assets	-1,404	-1,094
Loss amortization	840	252
Net periodic benefit cost	$2,401	$1,573

Note_6_Stockbased_Compensation2

Note 6 - Stock-based Compensation (Details) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	274,746	274,746	274,746	274,746
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value (in Dollars)	3.3
Restricted Stock [Member] | Director [Member] | Common Class A [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	58,191	41,881
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 31, 2016 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	76,442
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 31, 2017 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	76,442
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 31, 2018 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	76,438
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 17, 2015 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		75,412
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 17, 2016 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		43,590
Restricted Stock [Member] | Common Class A [Member] | Employee [Member] | January 17, 2017 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		43,590
Restricted Stock [Member] | Common Class A [Member] | Employee [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	229,322	194,413
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period		31,821
Restricted Stock [Member] | Common Class A [Member] | Director [Member] | January 31, 2016 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	58,191
Restricted Stock [Member] | Common Class A [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	287,513	236,294
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	117,293	31,821
Restricted Stock [Member] | 2007 Incentive Plan [Member] | Employee [Member] | January 31, 2016 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	50,102
Restricted Stock [Member] | 2007 Incentive Plan [Member] | Employee [Member] | January 31, 2017 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	50,100
Restricted Stock [Member] | 2007 Incentive Plan [Member] | Employee [Member] | January 31, 2018 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	50,106
Restricted Stock [Member] | 2007 Incentive Plan [Member] | Employee [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	150,308
Restricted Stock [Member] | Directors' Restricted Stock Plan [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0	0
Restricted Stock [Member] | Employee [Member] | January 17, 2015 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		127,316
Restricted Stock [Member] | Employee [Member] | January 17, 2016 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		58,327
Restricted Stock [Member] | Employee [Member] | January 17, 2017 [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		58,327
Restricted Stock [Member] | Employee [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		312,961
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period		68,991
Restricted Stock [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	150,308	312,961
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	197,858	202,743
Common Class A [Member]
Note 6 - Stock-based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0

Note_6_Stockbased_Compensation3

Note 6 - Stock-based Compensation (Details) - Stock-based Compensation Expense and Related Income Tax Benefit (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Stock-based Compensation Expense and Related Income Tax Benefit [Abstract]
Stock-based compensation expense, gross	$993	$2,071
Income tax benefit at our statutory rate associated with stock-based compensation	-387	-808
Stock-based compensation expense, net	$606	$1,263

Note_6_Stockbased_Compensation4

Note 6 - Stock-based Compensation (Details) - Summary of Restricted Common Stock Activity (Restricted Stock [Member], USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Note 6 - Stock-based Compensation (Details) - Summary of Restricted Common Stock Activity [Line Items]
Number of Shares, Beginning of Period	385,056	274,838
Weighted- Average Grant Date Fair Value Per Share, Beginning of Period	$9.09	$4.43
Number of Shares, Granted	150,308	312,961
Weighted- Average Grant Date Fair Value Per Share, Granted	$10.27	$11.78
Number of Shares, Vested	-197,858	-202,743
Weighted- Average Grant Date Fair Value Per Share, Vested	$9.16	$6.93
Number of Shares, End of Period	337,506	385,056
Weighted- Average Grant Date Fair Value Per Share, End of Period	$9.57	$9.09
Common Class A [Member]
Note 6 - Stock-based Compensation (Details) - Summary of Restricted Common Stock Activity [Line Items]
Number of Shares, Beginning of Period	204,473	0
Weighted- Average Grant Date Fair Value Per Share, Beginning of Period	$9.81	$0
Number of Shares, Granted	287,513	236,294
Weighted- Average Grant Date Fair Value Per Share, Granted	$9.37	$9.80
Number of Shares, Vested	-117,293	-31,821
Weighted- Average Grant Date Fair Value Per Share, Vested	$9.85	$9.75
Number of Shares, End of Period	374,693	204,473
Weighted- Average Grant Date Fair Value Per Share, End of Period	$9.46	$9.81

Note_6_Stockbased_Compensation5

Note 6 - Stock-based Compensation (Details) - Summary of Stock Option Activity (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2013
Stock options - common:
Outstanding - beginning of period	274,746	274,746	274,746
Outstanding - beginning of period	$1.99	$1.99	$1.99
Options exercised	0
Options exercised	$0
Options expired	0
Options expired	$0
Outstanding - end of period	274,746	274,746	274,746
Outstanding - end of period	$1.99	$1.99	$1.99
Exercisable at end of period	137,376	68,688
Exercisable at end of period	$1.99	$1.99

Note_7_Commitments_and_Conting1

Note 7 - Commitments and Contingencies (Details) (USD $)	Apr. 23, 2015	Mar. 31, 2015
In Millions, unless otherwise specified
Subsequent Event [Member] | Presque Isle Acquisition [Member]
Note 7 - Commitments and Contingencies (Details) [Line Items]
Business Combination, Contingent Consideration, Liability	$10.25
Twin Falls Acquisition [Member]
Note 7 - Commitments and Contingencies (Details) [Line Items]
Business Combination, Contingent Consideration, Liability		$17.50

Note_9_Income_Taxes_Details

Note 9 - Income Taxes (Details)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
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	41.30%	40.20%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	4.60%	4.40%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Percent	1.60%	1.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Compensation Cost, Percent	1.00%
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent	0.90%	0.20%

Note_9_Income_Taxes_Details_Re

Note 9 - Income Taxes (Details) - Reconciliation of Income Tax Expense (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Reconciliation of Income Tax Expense [Abstract]
Income tax expense	$3,940	$859
Effective income tax rate	41.30%	40.20%

Note_10_Subsequent_Event_Detai

Note 10 - Subsequent Event (Details) (Subsequent Event [Member], Presque Isle Acquisition [Member], USD $)	Apr. 23, 2015
In Millions, unless otherwise specified
Subsequent Event [Member] | Presque Isle Acquisition [Member]
Note 10 - Subsequent Event (Details) [Line Items]
Business Combination, Contingent Consideration, Liability	$10.25
Escrow Deposit	$1