Gray Television (GTN) 10-Q 8 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document Information [Line Items]
Entity Registrant Name	GRAY TELEVISION INC
Entity Central Index Key	43,196
Trading Symbol	gtn
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		6,598,377
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		66,003,588

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Cash	$ 42,360	$ 325,189
Accounts receivable trade, less allowance for doubtful accounts of $3,615 and $3,163, respectively	169,846	146,811
FCC spectrum auction proceeds receivable	90,824
Prepaid taxes	15,631	14,641
Prepaid and other current assets	5,712	5,109
Total current assets	329,372	505,485
Property and equipment, net	346,495	326,093
Broadcast licenses	1,522,532	1,340,305
Goodwill	610,494	485,318
Other intangible assets, net	78,364	56,250
Deferred tax asset	31,975	30,826
Investments in broadcasting and technology companies	16,599	16,599
Other	33,991	22,455
Total assets	2,969,822	2,783,331
Liabilities and stockholders’ equity:
Accounts payable	2,736	5,257
Employee compensation and benefits	23,246	31,367
Accrued interest	26,536	32,453
Other accrued expenses	9,599	13,802
Federal and state income taxes	4,496	2,916
Deferred revenue	4,731	4,706
Current portion of long-term debt	6,417
Total current liabilities	99,235	119,407
Long-term debt	1,832,197	1,756,747
Program broadcast obligations, less current portion	4,123	4,995
Deferred income taxes	427,612	373,837
Accrued pension costs	33,176	34,047
Other	1,424	1,437
Total liabilities	2,397,767	2,290,470
Commitments and contingencies (Note 8)
Stockholders’ equity:
Common stock	659,647	658,135
Accumulated deficit	(19,192)	(101,365)
Accumulated other comprehensive loss, net of income tax benefit	(17,645)	(17,645)
Stockholders' equity before treasury stock	645,849	560,889
Treasury stock at cost, common stock, 5,535,076 shares and 5,135,406 shares, respectively	(49,562)	(44,688)
Total stockholders’ equity	572,055	492,861
Total liabilities and stockholders’ equity	2,969,822	2,783,331
Common Class A [Member]
Stockholders’ equity:
Common stock	23,039	21,764
Treasury stock at cost, common stock, 5,535,076 shares and 5,135,406 shares, respectively	(24,232)	(23,340)
Total stockholders’ equity	572,055	492,861
Network Programming Obligations, Current [Member]
Liabilities and stockholders’ equity:
Accrued network programming fees	15,912	14,982
Syndicated Program Film Rights, Current [Member]
Assets:
Current portion of program broadcast rights, net	4,999	13,735
Syndicated Program Film Obliagtions, Current [Member]
Liabilities and stockholders’ equity:
Accrued network programming fees	$ 5,562	$ 13,924

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts receivable, allowance for doubtful accounts	$ 3,615	$ 3,613
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	71,538,575	71,229,497
Treasury stock (in shares)	5,535,076	5,135,406
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	15,000,000	15,000,000
Common stock, shares issued (in shares)	8,349,069	8,073,993
Treasury stock (in shares)	1,750,692	1,669,131

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue (less agency commissions)	$ 226,681	$ 196,633	$ 430,142	$ 370,356
Operating expenses before depreciation, amortization and loss (gain) on disposal of assets, net:
Broadcast	133,545	117,335	267,016	225,903
Corporate and administrative	8,409	8,524	16,118	24,202
Depreciation	12,841	11,617	25,470	22,743
Amortization of intangible assets	6,657	4,242	12,224	8,130
Gain on disposals of assets, net	(77,326)	1,228	(76,799)	(420)
Operating expenses	84,126	142,946	244,029	280,558
Operating income	142,555	53,687	186,113	89,798
Other income (expense):
Miscellaneous income, net	1	141	8	710
Interest expense	(23,791)	(24,269)	(46,982)	(45,544)
Loss from early extinguishment of debt	(311)		(2,851)
Income before income taxes	118,454	29,559	136,288	44,964
Income tax expense	47,893	11,897	55,222	18,312
Net income	$ 70,561	$ 17,662	$ 81,066	$ 26,652
Basic per share information:
Net income (in dollars per share)	$ 0.98	$ 0.25	$ 1.13	$ 0.37
Weighted-average shares outstanding (in shares)	71,821	71,878	71,849	71,835
Diluted per share information:
Net income (in dollars per share)	$ 0.97	$ 0.24	$ 1.12	$ 0.37
Weighted-average shares outstanding (in shares)	72,501	72,748	72,510	72,665
Dividends declared per common share (in dollars per share)	$ 0	$ 0

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($) $ in Thousands	2007 Incentive Plan [Member]Common Stock [Member]Common Class A [Member]	2007 Incentive Plan [Member]Common Stock [Member]	2007 Incentive Plan [Member]Treasury Stock [Member]Common Class A [Member]	2007 Incentive Plan [Member]Treasury Stock [Member]	2007 Incentive Plan [Member]	2017 Equity and Incentive Compensation Plan [Member]Common Stock [Member]Common Class A [Member]	2017 Equity and Incentive Compensation Plan [Member]	Common Stock [Member]Common Class A [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock [Member]Common Class A [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Common Class A [Member]	Total
Balance (in shares) at Dec. 31, 2016								8,073,993	71,229,497		(1,669,131)	(5,135,406)
Balance at Dec. 31, 2016								$ 21,764	$ 658,135	$ (101,365)	$ (23,340)	$ (44,688)	$ (17,645)	$ 492,861	$ 492,861
Adoption of ASU 2016-09 excess tax benefit for stock-based compensation at Dec. 31, 2016										1,107					1,107
Balance at Jun. 30, 2017								23,039	$ 659,647	(19,192)	$ (24,232)	$ (49,562)	$ (17,645)	$ 572,055	572,055
Net income										$ 81,066					81,066
401(k) plan (in shares)									1,135
401(k) plan									$ 15						15
Issuance of restricted stock			$ (892)	$ (874)	$ (1,766)
Issuance of restricted stock (in shares)	198,220	307,943	(81,561)	(77,632)		76,856
Repurchase of common stock (in shares)												(322,038)
Repurchase of common stock												$ (4,000)			(4,000)
Share-based compensation								$ 1,275	$ 1,497						$ 2,772
Balance (in shares) at Jun. 30, 2017								8,349,069	71,538,575		(1,750,692)	(5,535,076)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating activities
Net income	$ 81,066	$ 26,652
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	25,470	22,743
Amortization of Intangible Assets	12,224	8,130
Amortization of deferred loan costs	2,309	2,267
Net amortization of original issue discount and premium related to long-term debt	(305)	(432)
Amortization of restricted stock and stock option awards	2,772	2,556
Loss from early extinguishment of debt	2,851
Amortization of program broadcast rights	10,235	9,209
Payments on program broadcast obligations	(10,393)	(9,130)
Common stock contributed to 401(k) plan	15	14
Deferred income taxes	53,732	17,315
Gain on disposals of assets, net	(76,799)	(420)
Other	(964)	731
Changes in operating assets and liabilities:
Accounts receivable trade	(22,360)	(6,152)
Prepaid taxes	(990)
Prepaid and other current assets	(507)	(12,474)
Accounts payable	(2,920)	(1,381)
Employee compensation, benefits and pension cost	(8,517)	(5,718)
Other current liabilities	(3,438)	(9,724)
Accrued interest	(5,917)	1,309
Income taxes payable	1,580	(20)
Net cash provided by operating activities	59,144	45,475
Investing activities
Acquisitions of television businesses and licenses	(386,438)	(427,448)
Proceeds from sale of television station		11,200
Purchases of property and equipment	(10,415)	(13,475)
Proceeds from asset sales	126	1,910
Acquisition prepayments and other	(16,490)	(20,624)
Net cash used in investing activities	(413,217)	(448,437)
Financing activities
Proceeds from borrowings on long-term debt	641,438	925,000
Repayments of borrowings on long-term debt	(559,433)	(425,000)
Payments for the repurchase of common stock	(4,000)
Deferred and other loan costs	(4,994)	(16,559)
Payments for taxes related to net share settlement of equity awards	(1,767)	(1,452)
Net cash provided by financing activities	71,244	481,989
Net (decrease) increase in cash	(282,829)	79,027
Cash at beginning of period	325,189	97,318
Cash at end of period	$ 42,360	$ 176,345

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [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, 2016, December 31, 2016, June 30, 2017 June 30, 2017 2016, 10 10 X. not one 10 December 31, 2016 ( “2016 10 six June 30, 2017 not may December 31, 2017. Overview We are a television broadcast company headquartered in Atlanta, Georgia, that owns and/or operates over 100 June 30, 2017, 57 200 104 June 30, 2017, 10.6% Cyclicality and Seasonality Broadcast advertising revenues are generally highest in the second fourth fourth 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, pension costs, income taxes, employee medical insurance claims, useful lives of property and equipment and contingencies. Variable Interest Entit y (“VIE”) We consolidate a VIE when we are determined to be the primary beneficiary. In accordance with U.S. GAAP, in determining whether we are the primary beneficiary of a VIE for financial reporting purposes, we consider whether we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and whether we have the obligation to absorb losses or the right to receive returns that would be significant to the VIE. On January 17, 2017, two $269.9 $106.0 $106.0 $149.8 May 30, 2017, $59.0 $90.8 August 7 , 2017, We believe we were the primary beneficiary of GME at June 30, 2017, January 17, 2017 August 7 , 2017, no The carrying amounts and classification of the assets and liabilities of GME included in our condensed consolidated balance sheets as of June 30, 2017 June 30, 2017 Assets: Current assets: Auction proceeds receivable $ 90,824 Total assets $ 90,824 Liabilities: Current liabilities: Note payable $ 90,824 Total liabilities $ 90,824 A receivable of $90.8 $90.8 June 30, 2017, 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 not The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding for the three six June 30, 2017 2016 Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Weighted-average shares outstanding-basic 71,821 71,878 71,849 71,835 Common stock equivalents for stock options and restricted shares 680 870 661 830 Weighted-average shares outstanding-diluted 72,501 72,748 72,510 72,665 Accumulated Other Comprehensive Loss Our accumulated other comprehensive loss balances as of June 30, 2017 December 31, 2016 three six June 30, 2017 2016 not 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. In the six June 30, 2017, $36.5 six June 30, 2017 The following table lists the components of property and equipment by major category (dollars in thousands): Estimated June 30, December 31, Useful Lives 2017 2016 (in years) Property and equipment: Land $ 50,024 $ 44,611 Buildings and improvements 149,430 139,078 7 to 40 Equipment 500,361 471,798 3 to 20 699,815 655,487 Accumulated depreciation (353,320 ) (329,394 ) Total property and equipment, net $ 346,495 $ 326,093 Allowance for Doubtful Accounts Our allowance for doubtful accounts is equal to a portion of our receivable balances that are 120 may 120 Recent Accounting Pronouncements In May 2014, No. 2014 09, 606 2014 09 August 2015, 2015 14, 606 Deferral of the Effective Date 2015 14 2014 09 one December 15, 2017, not December 15, 2016. April 2016, 2016 10, 606 Identifying Performance Obligations and Licensing 2014 09 May 2016, 2016 12, 606 Narrow Scope Improvements and Practical Expedients December 2016, 2016 20, 606 Technical Corrections and Improvements not In January 2016, No. 2016 01, 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities 2016 01 December 15, 2017, not In February 2016, 2016 02, 842 2016 02 840, Leases December 15, 2018. not December 31, 2016, $13.2 In August 2016, 2016 15, 230 Classification of Certain Cash Receipts and Cash Payments 2016 15 eight eight December 15, 2017, not In January 2017, 2017 01, 805 Clarifying the Definition of a Business 2017 01 December 15, 2017, not In January 2017, 2017 04, 350 Simplifying the Test for Goodwill Impairment 2017 04 2 2 December 15, 2019, not not In March 2017, 2017 07, 715 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost 2017 07 December 15, 2017, not Adoption of Accounting Standards and Reclassifications In November 2015, No. 2015 17, 740 Balance Sheet Classification of Deferred Taxes 2015 17 In March 2016, 2016 09, 718 Improvements to Employee Share-Based Payment Accounting. 2016 09 January 1, 2017, $1.1 2017, Certain amounts in the condensed consolidated statement of cash flows have been reclassified to conform to the current presentation.

Note 2 - Acquisitions

Note 2 - Acquisitions	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	2 . Acquisitions On January 13, 2017, 202 $8.0 As described above, on January 17, 2017, $269.9 On May 1, 2017, 169 $26.5 June 1, 2016, On May 1, 2017, 156 161 $85.0 April 1, 2017, We refer to the seven first six 2017 “2017 We refer to the 13 2016, June 1, 2016, “2016 The preliminary fair value estimates of the assets acquired, liabilities assumed and resulting goodwill of the 2017 Acquisition Fairbanks Media General Clarksburg Diversified Total Current assets $ 122 $ 666 $ 462 $ 361 $ 1,611 Property and equipment 2,650 20,471 4,133 12,329 39,583 Goodwill 471 85,997 3,222 35,486 125,176 Broadcast licenses 2,228 149,846 17,003 26,219 195,296 Other intangible assets 2,702 13,398 2,234 11,051 29,385 Other non-current assets 71 282 51 27 431 Current liabilities (140 ) (695 ) (554 ) (423 ) (1,812 ) Other long-term liabilities (84 ) - (51 ) (50 ) (185 ) Total $ 8,020 $ 269,965 $ 26,500 $ 85,000 $ 389,485 Amounts in the table above are based upon management’s preliminary estimates of the fair values using valuation techniques including income, cost and market approaches. The fair value estimates are based on, but not Property and equipment are being depreciated over their estimated useful lives ranging from three 40 Other intangible assets represent primarily the estimated fair values of retransmission agreements of $21.5 $4.1 $2.5 5.2 4.2 12.6 Goodwill is calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and liabilities assumed, and represents the future economic benefits expected to arise from other intangible assets acquired that do not $125.2 2017 Our consolidated results of operations include the results of each acquisition from the date of the respective transaction. Revenue and operating income attributable to the 2017 six June 30, 2017 $31.8 $15.7 2017 $1.0 six June 30, 2017, 2016 six June 30, 2016 $50.7 $19.0

Note 3 - Long-term Debt

Note 3 - Long-term Debt	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	3. Long-term Debt As of June 30, 2017 December 31, 2016, 2017 2014 5.125% 2024 “2024 5.875% 2026 “2026 June 30, December 31, 2017 2016 Long-term debt including current portion: 2014 Senior Credit Facility $ - $ 556,438 2017 Senior Credit Facility 638,443 - 2024 Notes 525,000 525,000 2026 Notes 700,000 700,000 Total outstanding principal 1,863,443 1,781,438 Unamortized deferred loan costs - 2014 Senior Credit Facility - (12,158 ) Unamortized deferred loan costs - 2017 Senior Credit Facility (13,047 ) - Unamortized deferred loan costs - 2024 Notes (7,243 ) (7,742 ) Unamortized deferred loan costs - 2026 Notes (10,031 ) (10,588 ) Unamortized premium - 2026 Notes 5,492 5,797 Less current portion (6,417 ) - Net carrying value $ 1,832,197 $ 1,756,747 Borrowing availability under the Revolving Credit Facility $ 100,000 $ 60,000 On February 7, 2017, “2017 $556.4 “2017 $100.0 “2017 2017 “2014 On April 3, 2017, $85.0 “2017 2017 “2017 2017 June 30, 2017, 2017 $738.4 $638.4 2017 $100.0 2017 Our quarterly principal payments under the 2017 $1.6 Prior to the entry into the 2017 2014 2014 December 31, 2016 $556.4 December 31, 2016, 2014 3.9%. The 2017 September 30, 2017 2.50% 1.50% 2017 5.25 1.00, 2.25% 1.25% 5.25 1.00, June 30, 2017, 2017 was 3.6%. Borrowings under the 2017 1.50% 2.00% 0.50% 1.00%, first 2017 0.50% 1.00%. 2017 may 0.375% 0.50% The 2017 February 7, 2022, 2017 February 7, 2024. As a result of entering into the 2017 approximately $2.9 six June 30, 2017, $5.0 2017 As of June 30, 2017 December 31, 2016, $525.0 2024 The interest rate and yield on the 2024 5.125%. 2024 October 15, 2024. April 15 October 15 On June 14, 2016, $500.0 2026 2026 September 14, 2016, $200.0 2026 2026 2026 103.0%, $206.0 June 14, 2016. June 30, 2017 December 31, 2016, $700.0 2026 2026 5.875%. 2026 5.875% 5.398%, 2026 2026 2026 July 15, 2026. January 15 July 15 Collateral, Covenants and Restrictions Our obligations under the 2017 2017 no 2024 2026 not 2024 2026 June 30, 2017, no The 2017 first not 2026 2024 June 30, 2017 December 31, 2016, Maturities Aggregate minimum principal maturities on long-term debt as of June 30, 2017 Minimum Principal Maturities Year 2017 Senior Credit Facility 2024 Notes 2026 Notes Total 2017 $ 3,208 $ - $ - $ 3,208 2018 6,417 - - 6,417 2019 6,417 - - 6,417 2020 6,417 - - 6,417 2021 6,417 - - 6,417 Thereafter 609,567 525,000 700,000 1,834,567 Total $ 638,443 $ 525,000 $ 700,000 $ 1,863,443

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurement	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4 . Fair Value Measurement For purposes of determining a fair value measurement, 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” 3” 2 1 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 or methodologies could have a material effect on the estimated fair value amounts. Accordingly, the estimates presented are not 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 net carrying amount of our long-term debt was $1.8 $1.8 $1.9 $1.8 June 30, 2017 December 31, 2016. third June 30, 2017 December 31, 2016 2

Note 5 - Stockholders' Equity

Note 5 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	5. Stockholders’ Equity We are authorized to issue 135 15 100 20 10 one three six June 30, 2017 2016, not In each of March November 2004, 2.0 March 2006, 5.0 “2004 2006 December 31, 2016, 279,200 no November 6, 2016, $75.0 December 31, 2019 ( “2016 The 2016 401K three June 30, 2017, 2016 322,038 $12.39 $4.0 June 30, 2017, $69.0 2016 The extent to which the Company repurchases any of its shares, the number of shares and the timing of any repurchases will depend on general market conditions, regulatory requirements, alternative investment opportunities and other considerations. The Company is not may Under our various employee benefit plans, we may, June 30, 2017, 6,044,746 1,923,144 December 31, 2016, 5,449,148 257,581

Note 6 - Retirement Plans

Note 6 - Retirement Plans	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	6 . Retirement Plans The following table provides the components of net periodic benefit cost for our defined benefit pension plans for the three six June 30, 2017 2016 Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Service cost $ - $ - $ - $ - Interest cost 1,528 1,185 2,335 2,369 Expected return on plan assets (1,848 ) (1,298 ) (2,824 ) (2,595 ) Loss amortization 158 153 242 306 Net periodic cost $ (162 ) $ 40 $ (247 ) $ 80 During the six June 30, 2017, $0.6 2017, $1.7 During the three six June 30, 2017, $1.8 $3.7 2017, $3.2 million to this plan, excluding discretionary profit-sharing contributions.

Note 7 - Share-based Compensati

Note 7 - Share-based Compensation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	7. Share-based Compensation We recognize compensation expense for share-based payment awards made to our employees, consultants and directors, including stock options and restricted shares awarded under our 2017 “2017 2007 “2007 no three six June 30, 2017 2016 Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Share-based compensation expense, gross $ 1,434 $ 1,270 $ 2,772 $ 2,556 Income tax benefit at our statutory rate associated with share-based compensation (559 ) (495 ) (1,081 ) (997 ) Share-based compensation expense, net $ 875 $ 775 $ 1,691 $ 1,559 The 2017 May 2, 2017, 2007 During the six June 30, 2017, ● 307,943 102,648 January 31, 2018 2019; 102,647 January 31, 2020. ● 198,220 66,073 January 31, 2018 2019, 66,074 January 31, 2020. ● 76,856 January 31, 2018. During the six June 30, 2016, ● 218,452 72,816 January 31, 2017; 72,816 January 31, 2018; 72,820 January 31, 2019. ● 166,677 55,559 January 31, 2017 55,559 January 31, 2018 2019. ● 19,048 51,935 January 31, 2017. A summary of restricted common stock and Class A common stock activity for the six June 30, 2017 2016 Six Months Ended June 30, 2017 June 30, 2016 Weighted- Weighted- average average Grant Date Grant Date Number of Fair Value Number of Fair Value Shares Per Share Shares Per Share Restricted stock - common: Outstanding - beginning of period 396,033 $ 12.06 337,506 $ 9.57 Granted 307,943 $ 10.40 237,500 $ 12.88 Vested (200,291 ) $ 11.82 (178,973 ) $ 8.46 Outstanding - end of period 503,685 $ 11.14 396,033 $ 12.06 Restricted stock - Class A common: Restricted stock - beginning of period 415,082 $ 10.15 374,693 $ 9.46 Granted 275,076 $ 10.84 218,612 $ 11.25 Vested (227,526 ) $ 10.00 (178,223 ) $ 10.04 Restricted stock - end of period 462,632 $ 10.63 415,082 $ 10.15 At June 30, 2017 December 31, 2016, 274,746 $1.99 June 30, 2017 December 31, 2016, not $3.2 June 30, 2017.

Note 8 - Commitments and Contin

Note 8 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	8. Commitments and Contingencies From time to time, we are or may not one

Note 9 - Goodwill and Intangibl

Note 9 - Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	9. Goodwill and Intangible Assets During the six June 30, 2017, 1 2 six June 30, 2017 Net Balance at Net Balance at June 30, 2016 Additions Dispositions Impairments Amortization 2017 Goodwill $ 485,318 $ 125,176 $ - $ - $ - $ 610,494 Broadcast licenses 1,340,305 195,332 (13,105 ) - - 1,522,532 Finite-lived intangible assets 56,250 34,338 - - (12,224 ) 78,364 Total intangible assets net of accumulated amortization $ 1,881,873 $ 354,846 $ (13,105 ) $ - $ (12,224 ) $ 2,211,390 As of June 30, 2017 December 31, 2016, As of June 30, 2017 As of December 31, 2016 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets not currently subject to amortization: Broadcast licenses $ 1,576,231 $ (53,699 ) $ 1,522,532 $ 1,394,004 $ (53,699 ) $ 1,340,305 Goodwill 610,494 - 610,494 485,318 - 485,318 $ 2,186,725 $ (53,699 ) $ 2,133,026 $ 1,879,322 $ (53,699 ) $ 1,825,623 Intangible assets subject to amortization: Network affiliation agreements $ 6,216 $ (2,341 ) $ 3,875 $ 1,264 $ (1,264 ) $ - Other definite lived intangible assets 135,096 (60,607 ) 74,489 105,792 (49,542 ) 56,250 $ 141,312 $ (62,948 ) $ 78,364 $ 107,056 $ (50,806 ) $ 56,250 Total intangibles $ 2,328,037 $ (116,647 ) $ 2,211,390 $ 1,986,378 $ (104,505 ) $ 1,881,873 Amortization expense for the six June 30, 2017 2016 $12.2 $8.1 five 2018, $16.4 2019, $13.8 2020, $10.8 2021, $7.1 2022, $4.9 may Impairment of goodwill and broadcast licenses Our intangible assets are primarily comprised of broadcast licenses. There were no six June 30, 2017.

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10 . Income Taxes For the three six June 30, 2017 2016, Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Income tax expense $ 47,893 $ 11,897 $ 55,222 $ 18,312 Effective income tax rate 40.4 % 40.2 % 40.5 % 40.7 % 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% six June 30, 2017, increased or decreased our statutory Federal income tax rate of 35.0% 40.5% 4.3%, 1.3%, 0.1%. six June 30, 2016, 35.0% 40.7% 4.4% 1.2%, 0.5%, 0.4%.

Note 11 - Subsequent Events

Note 11 - Subsequent Events	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	11 . Subsequent Events On August 1, 2017, 97 $29.0 June 1, 2017, $23.2 $5.8 The preliminary fair value estimates of the assets acquired, liabilities assumed and resulting goodwill of the Vermont Acquisition are summarized as follows (in thousands): Total Property and equipment $ 10,500 Goodwill 750 Broadcast licenses 14,250 Other intangible assets 3,500 Total $ 29,000

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Revenue Recognition, Policy [Policy Text Block]	Cyclicality and Seasonality Broadcast advertising revenues are generally highest in the second fourth fourth
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, pension costs, income taxes, employee medical insurance claims, useful lives of property and equipment and contingencies.
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	Variable Interest Entit y (“VIE”) We consolidate a VIE when we are determined to be the primary beneficiary. In accordance with U.S. GAAP, in determining whether we are the primary beneficiary of a VIE for financial reporting purposes, we consider whether we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and whether we have the obligation to absorb losses or the right to receive returns that would be significant to the VIE. On January 17, 2017, two $269.9 $106.0 $106.0 $149.8 May 30, 2017, $59.0 $90.8 August 7 , 2017, We believe we were the primary beneficiary of GME at June 30, 2017, January 17, 2017 August 7 , 2017, no The carrying amounts and classification of the assets and liabilities of GME included in our condensed consolidated balance sheets as of June 30, 2017 June 30, 2017 Assets: Current assets: Auction proceeds receivable $ 90,824 Total assets $ 90,824 Liabilities: Current liabilities: Note payable $ 90,824 Total liabilities $ 90,824 A receivable of $90.8 $90.8 June 30, 2017,
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 not The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding for the three six June 30, 2017 2016 Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Weighted-average shares outstanding-basic 71,821 71,878 71,849 71,835 Common stock equivalents for stock options and restricted shares 680 870 661 830 Weighted-average shares outstanding-diluted 72,501 72,748 72,510 72,665
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Loss Our accumulated other comprehensive loss balances as of June 30, 2017 December 31, 2016 three six June 30, 2017 2016 not
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. In the six June 30, 2017, $36.5 six June 30, 2017 The following table lists the components of property and equipment by major category (dollars in thousands): Estimated June 30, December 31, Useful Lives 2017 2016 (in years) Property and equipment: Land $ 50,024 $ 44,611 Buildings and improvements 149,430 139,078 7 to 40 Equipment 500,361 471,798 3 to 20 699,815 655,487 Accumulated depreciation (353,320 ) (329,394 ) Total property and equipment, net $ 346,495 $ 326,093
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Doubtful Accounts Our allowance for doubtful accounts is equal to a portion of our receivable balances that are 120 may 120
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, No. 2014 09, 606 2014 09 August 2015, 2015 14, 606 Deferral of the Effective Date 2015 14 2014 09 one December 15, 2017, not December 15, 2016. April 2016, 2016 10, 606 Identifying Performance Obligations and Licensing 2014 09 May 2016, 2016 12, 606 Narrow Scope Improvements and Practical Expedients December 2016, 2016 20, 606 Technical Corrections and Improvements not In January 2016, No. 2016 01, 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities 2016 01 December 15, 2017, not In February 2016, 2016 02, 842 2016 02 840, Leases December 15, 2018. not December 31, 2016, $13.2 In August 2016, 2016 15, 230 Classification of Certain Cash Receipts and Cash Payments 2016 15 eight eight December 15, 2017, not In January 2017, 2017 01, 805 Clarifying the Definition of a Business 2017 01 December 15, 2017, not In January 2017, 2017 04, 350 Simplifying the Test for Goodwill Impairment 2017 04 2 2 December 15, 2019, not not In March 2017, 2017 07, 715 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost 2017 07 December 15, 2017, not Adoption of Accounting Standards and Reclassifications In November 2015, No. 2015 17, 740 Balance Sheet Classification of Deferred Taxes 2015 17 In March 2016, 2016 09, 718 Improvements to Employee Share-Based Payment Accounting. 2016 09 January 1, 2017, $1.1 2017, Certain amounts in the condensed consolidated statement of cash flows have been reclassified to conform to the current presentation.

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	June 30, 2017 Assets: Current assets: Auction proceeds receivable $ 90,824 Total assets $ 90,824 Liabilities: Current liabilities: Note payable $ 90,824 Total liabilities $ 90,824
Schedule of Weighted Average Number of Shares [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Weighted-average shares outstanding-basic 71,821 71,878 71,849 71,835 Common stock equivalents for stock options and restricted shares 680 870 661 830 Weighted-average shares outstanding-diluted 72,501 72,748 72,510 72,665
Property, Plant and Equipment [Table Text Block]	Estimated June 30, December 31, Useful Lives 2017 2016 (in years) Property and equipment: Land $ 50,024 $ 44,611 Buildings and improvements 149,430 139,078 7 to 40 Equipment 500,361 471,798 3 to 20 699,815 655,487 Accumulated depreciation (353,320 ) (329,394 ) Total property and equipment, net $ 346,495 $ 326,093

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Total Property and equipment $ 10,500 Goodwill 750 Broadcast licenses 14,250 Other intangible assets 3,500 Total $ 29,000
2017 Acquisitions [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Acquisition Fairbanks Media General Clarksburg Diversified Total Current assets $ 122 $ 666 $ 462 $ 361 $ 1,611 Property and equipment 2,650 20,471 4,133 12,329 39,583 Goodwill 471 85,997 3,222 35,486 125,176 Broadcast licenses 2,228 149,846 17,003 26,219 195,296 Other intangible assets 2,702 13,398 2,234 11,051 29,385 Other non-current assets 71 282 51 27 431 Current liabilities (140 ) (695 ) (554 ) (423 ) (1,812 ) Other long-term liabilities (84 ) - (51 ) (50 ) (185 ) Total $ 8,020 $ 269,965 $ 26,500 $ 85,000 $ 389,485

Note 3 - Long-term Debt (Tables

Note 3 - Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	June 30, December 31, 2017 2016 Long-term debt including current portion: 2014 Senior Credit Facility $ - $ 556,438 2017 Senior Credit Facility 638,443 - 2024 Notes 525,000 525,000 2026 Notes 700,000 700,000 Total outstanding principal 1,863,443 1,781,438 Unamortized deferred loan costs - 2014 Senior Credit Facility - (12,158 ) Unamortized deferred loan costs - 2017 Senior Credit Facility (13,047 ) - Unamortized deferred loan costs - 2024 Notes (7,243 ) (7,742 ) Unamortized deferred loan costs - 2026 Notes (10,031 ) (10,588 ) Unamortized premium - 2026 Notes 5,492 5,797 Less current portion (6,417 ) - Net carrying value $ 1,832,197 $ 1,756,747 Borrowing availability under the Revolving Credit Facility $ 100,000 $ 60,000
Schedule of Maturities of Long-term Debt [Table Text Block]	Minimum Principal Maturities Year 2017 Senior Credit Facility 2024 Notes 2026 Notes Total 2017 $ 3,208 $ - $ - $ 3,208 2018 6,417 - - 6,417 2019 6,417 - - 6,417 2020 6,417 - - 6,417 2021 6,417 - - 6,417 Thereafter 609,567 525,000 700,000 1,834,567 Total $ 638,443 $ 525,000 $ 700,000 $ 1,863,443

Note 6 - Retirement Plans (Tabl

Note 6 - Retirement Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Service cost $ - $ - $ - $ - Interest cost 1,528 1,185 2,335 2,369 Expected return on plan assets (1,848 ) (1,298 ) (2,824 ) (2,595 ) Loss amortization 158 153 242 306 Net periodic cost $ (162 ) $ 40 $ (247 ) $ 80

Note 7 - Share-based Compensa23

Note 7 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Share-based compensation expense, gross $ 1,434 $ 1,270 $ 2,772 $ 2,556 Income tax benefit at our statutory rate associated with share-based compensation (559 ) (495 ) (1,081 ) (997 ) Share-based compensation expense, net $ 875 $ 775 $ 1,691 $ 1,559
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Six Months Ended June 30, 2017 June 30, 2016 Weighted- Weighted- average average Grant Date Grant Date Number of Fair Value Number of Fair Value Shares Per Share Shares Per Share Restricted stock - common: Outstanding - beginning of period 396,033 $ 12.06 337,506 $ 9.57 Granted 307,943 $ 10.40 237,500 $ 12.88 Vested (200,291 ) $ 11.82 (178,973 ) $ 8.46 Outstanding - end of period 503,685 $ 11.14 396,033 $ 12.06 Restricted stock - Class A common: Restricted stock - beginning of period 415,082 $ 10.15 374,693 $ 9.46 Granted 275,076 $ 10.84 218,612 $ 11.25 Vested (227,526 ) $ 10.00 (178,223 ) $ 10.04 Restricted stock - end of period 462,632 $ 10.63 415,082 $ 10.15

Note 9 - Goodwill and Intangi24

Note 9 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Changes in Goodwill and Other Intangible Assets [Table Text Block]	Net Balance at Net Balance at June 30, 2016 Additions Dispositions Impairments Amortization 2017 Goodwill $ 485,318 $ 125,176 $ - $ - $ - $ 610,494 Broadcast licenses 1,340,305 195,332 (13,105 ) - - 1,522,532 Finite-lived intangible assets 56,250 34,338 - - (12,224 ) 78,364 Total intangible assets net of accumulated amortization $ 1,881,873 $ 354,846 $ (13,105 ) $ - $ (12,224 ) $ 2,211,390
Schedule of Intangible Assets and Goodwill [Table Text Block]	As of June 30, 2017 As of December 31, 2016 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets not currently subject to amortization: Broadcast licenses $ 1,576,231 $ (53,699 ) $ 1,522,532 $ 1,394,004 $ (53,699 ) $ 1,340,305 Goodwill 610,494 - 610,494 485,318 - 485,318 $ 2,186,725 $ (53,699 ) $ 2,133,026 $ 1,879,322 $ (53,699 ) $ 1,825,623 Intangible assets subject to amortization: Network affiliation agreements $ 6,216 $ (2,341 ) $ 3,875 $ 1,264 $ (1,264 ) $ - Other definite lived intangible assets 135,096 (60,607 ) 74,489 105,792 (49,542 ) 56,250 $ 141,312 $ (62,948 ) $ 78,364 $ 107,056 $ (50,806 ) $ 56,250 Total intangibles $ 2,328,037 $ (116,647 ) $ 2,211,390 $ 1,986,378 $ (104,505 ) $ 1,881,873

Note 10 - Income Taxes (Tables)

Note 10 - Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Income tax expense $ 47,893 $ 11,897 $ 55,222 $ 18,312 Effective income tax rate 40.4 % 40.2 % 40.5 % 40.7 %

Note 11 - Subsequent Events (Ta

Note 11 - Subsequent Events (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Total Property and equipment $ 10,500 Goodwill 750 Broadcast licenses 14,250 Other intangible assets 3,500 Total $ 29,000

Note 1 - Basis of Presentatio27

Note 1 - Basis of Presentation (Details Textual) $ in Thousands	Aug. 07, 2017USD ($)	May 30, 2017USD ($)	Jan. 17, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2019USD ($)	Jan. 01, 2017USD ($)	Dec. 31, 2016USD ($)
Number of Reportable Segments				1
Spectrum Auction Proceeds Receivable, Current		$ 90,800		$ 90,824
Property, Plant and Equipment, Additions				$ 36,500
Period for Creating Allowance for Doubtful Accounts				120 days
Cumulative Effect of New Accounting Principle in Period of Adoption							1,107
Subsequent Event [Member]
Proceeds from Spectrum Auction	$ 90,800
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption							$ 1,107
Accounting Standards Update 2016-09 [Member] | Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption						$ 1,100
Scenario, Forecast [Member] | Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncement Effect, Right of Use Assets					$ 13,200
New Accounting Pronouncement Effect, Lease Obligation Liability					$ 13,200
Consolidation, Eliminations [Member]
Spectrum Auction Proceeds Receivable, Current				$ 90,800
Notes Payable, Current				90,800
GME [Member]
Variable Interest Entity, Financial or Other Support, Amount			$ 106,000
Consideration for Acquisition of Licenses from VIE, Debt Assumed		$ 59,000
Spectrum Auction Proceeds Receivable, Current				90,824
Notes Payable, Current			106,000	$ 90,824
Green Bay Acquisition and Davenport Acquisition [Member]
Business Combination, Consideration Transferred			$ 269,900

Note 1 - Basis of Presentatio28

Note 1 - Basis of Presentation - Variable Interest Entity (Details) - USD ($) $ in Thousands	Jun. 30, 2017	May 30, 2017	Jan. 17, 2017	Dec. 31, 2016
Assets:
Auction proceeds receivable	$ 90,824	$ 90,800
Total assets	2,969,822			2,783,331
Current liabilities:
Total liabilities	2,397,767			$ 2,290,470
GME [Member]
Assets:
Auction proceeds receivable	90,824
Total assets	90,824
Current liabilities:
Note payable	90,824		$ 106,000
Total liabilities	$ 90,824

Note 1 - Basis of Presentatio29

Note 1 - Basis of Presentation - Reconciliation of Basic to Diluted Weighted-average Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Weighted-average shares outstanding-basic (in shares)	71,821	71,878	71,849	71,835
Common stock equivalents for stock options and restricted shares (in shares)	680	870	661	830
Weighted-average shares outstanding-diluted (in shares)	72,501	72,748	72,510	72,665

Note 1 - Basis of Presentatio30

Note 1 - Basis of Presentation - Property and Equipment (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Property and equipment, gross	$ 699,815	$ 655,487
Accumulated depreciation	(353,320)	(329,394)
Total property and equipment, net	346,495	326,093
Land [Member]
Property and equipment, gross	50,024	44,611
Building and Building Improvements [Member]
Property and equipment, gross	$ 149,430	139,078
Building and Building Improvements [Member] | Minimum [Member]
Estimated useful lives (Year)	7 years
Building and Building Improvements [Member] | Maximum [Member]
Estimated useful lives (Year)	40 years
Equipment [Member]
Property and equipment, gross	$ 500,361	$ 471,798
Equipment [Member] | Minimum [Member]
Estimated useful lives (Year)	3 years
Equipment [Member] | Maximum [Member]
Estimated useful lives (Year)	20 years

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands	May 01, 2017	Jan. 17, 2017	Jan. 13, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Goodwill				$ 610,494		$ 485,318
Fairbanks Acquistion [Member]
Payments to Acquire Businesses, Gross			$ 8,000
Goodwill				471
Green Bay Acquisition and Davenport Acquisition [Member]
Business Combination, Consideration Transferred		$ 269,900
Goodwill				85,997
Clarksburg Acquisition [Member]
Business Combination, Consideration Transferred	$ 26,500
Goodwill				3,222
Bangor Acquisition and Gainesville Acquisition [Member]
Business Combination, Consideration Transferred	$ 85,000
Goodwill				35,486
2017 Acquisitions [Member]
Business Acquisition, Operating Income (Loss) from Continuing Operations Before Changes in Accounting and Extraordinary Items, Net of Tax				15,700
Business Combination, Acquisition Related Costs				1,000
Goodwill				125,176
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual				31,800
2017 Acquisitions [Member] | Retransmission Agreements [Member]
Finite-Lived Intangible Assets, Gross				$ 21,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life				5 years 73 days
2017 Acquisitions [Member] | Advertising Relationships [Member]
Finite-Lived Intangible Assets, Gross				$ 4,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life				4 years 73 days
2017 Acquisitions [Member] | Income Leases [Member]
Finite-Lived Intangible Assets, Gross				$ 2,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life				12 years 219 days
2017 Acquisitions [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life				3 years
2017 Acquisitions [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life				40 years
2016 Acquisitions [Member]
Business Acquisition, Operating Income (Loss) from Continuing Operations Before Changes in Accounting and Extraordinary Items, Net of Tax					$ 19,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual					$ 50,700

Note 2 - Acquisitions - Fair Va

Note 2 - Acquisitions - Fair Value of Assets Acquired, Liabilities Assumed, and Goodwill from Acquisitions (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Goodwill	$ 610,494	$ 485,318
Fairbanks Acquistion [Member]
Current assets	122
Property and equipment	2,650
Goodwill	471
Broadcast licenses	2,228
Other intangible assets	2,702
Other non-current assets	71
Current liabilities	(140)
Other long-term liabilities	(84)
Total	8,020
Green Bay Acquisition and Davenport Acquisition [Member]
Current assets	666
Property and equipment	20,471
Goodwill	85,997
Broadcast licenses	149,846
Other intangible assets	13,398
Other non-current assets	282
Current liabilities	(695)
Other long-term liabilities
Total	269,965
Clarksburg Acquisition [Member]
Current assets	462
Property and equipment	4,133
Goodwill	3,222
Broadcast licenses	17,003
Other intangible assets	2,234
Other non-current assets	51
Current liabilities	(554)
Other long-term liabilities	(51)
Total	26,500
Bangor Acquisition and Gainesville Acquisition [Member]
Current assets	361
Property and equipment	12,329
Goodwill	35,486
Broadcast licenses	26,219
Other intangible assets	11,051
Other non-current assets	27
Current liabilities	(423)
Other long-term liabilities	(50)
Total	85,000
2017 Acquisitions [Member]
Current assets	1,611
Property and equipment	39,583
Goodwill	125,176
Broadcast licenses	195,296
Other intangible assets	29,385
Other non-current assets	431
Current liabilities	(1,812)
Other long-term liabilities	(185)
Total	$ 389,485

Note 3 - Long-term Debt (Detail

Note 3 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	Apr. 03, 2017	Feb. 07, 2017	Sep. 14, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Jun. 14, 2016
Proceeds from Issuance of Long-term Debt						$ 641,438	$ 925,000
Long-term Debt, Gross				$ 1,863,443		1,863,443
Gain (Loss) on Extinguishment of Debt				(311)		(2,851)
The 2017 Senior Credit Facility [Member]
Debt Agreement, Maximum Borrowing Capacity				738,400		738,400
Long-term Debt, Gross				638,443		638,443
Gain (Loss) on Extinguishment of Debt						(2,900)
Debt Issuance Costs, Gross				5,000		5,000
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000		100,000		100,000
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.375%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.50%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread Used to Define Base Rate		1.00%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		1.50%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		2.00%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		0.50%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		1.00%
The 2017 Senior Credit Facility [Member] | Revolving Credit Facility [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread Used to Define Base Rate		0.50%
The 2017 Senior Credit Facility [Member] | The 2017 Term Loan [Member]
Proceeds from Issuance of Long-term Debt	$ 85,000
Debt Instrument, Quarterly Principal Payment				1,600		1,600
Long-term Debt, Gross		$ 556,400		$ 638,400		$ 638,400
Debt Instrument, Interest Rate, Stated Percentage				3.60%		3.60%
The 2017 Senior Credit Facility [Member] | The 2017 Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate if Leverage Ratio is Less Than or Equal to 5.25		2.25%
Debt Instrument, Basis Spread on Variable Rate		2.50%
The 2017 Senior Credit Facility [Member] | The 2017 Term Loan [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate if Leverage Ratio is Less Than or Equal to 5.25		1.25%
Debt Instrument, Basis Spread on Variable Rate		1.50%
2014 Senior Credit Facility [Member]
Long-term Debt, Gross								$ 556,438
Debt Instrument, Interest Rate, Stated Percentage								3.90%
2024 Notes [Member]
Long-term Debt, Gross				525,000		525,000
Unsecured Debt				$ 525,000		$ 525,000		$ 525,000
Debt Instrument, Interest Rate, Stated Percentage				5.125%		5.125%
2026 Notes [Member]
Debt Instrument, Face Amount									$ 500,000
Long-term Debt, Gross				$ 700,000		$ 700,000
Debt Instrument, Interest Rate, Effective Percentage								5.875%
Unsecured Debt				$ 700,000		$ 700,000		$ 700,000
Debt Instrument, Interest Rate, Stated Percentage				5.875%		5.875%
The Additional 2026 Notes [Member]
Debt Instrument, Face Amount			$ 200,000
Debt Instrument, Issueing Price, Percentage			103.00%
Proceeds from Issuance of Long-term Debt			$ 206,000
Debt Instrument, Interest Rate, Effective Percentage				5.398%		5.398%		5.398%
Debt Instrument, Interest Rate, Stated Percentage				5.875%		5.875%

Note 3 - Long-term Debt - Long-

Note 3 - Long-term Debt - Long-term Debt Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Senior Credit Facility	$ 1,863,443
Total outstanding principal	1,863,443	$ 1,781,438
Less current portion	(6,417)
Net carrying value	1,832,197	1,756,747
Borrowing availability under the Revolving Credit Facility	100,000	60,000
2014 Senior Credit Facility [Member]
Senior Credit Facility		556,438
Unamortized deferred loan costs		(12,158)
The 2017 Senior Credit Facility [Member]
Senior Credit Facility	638,443
Unamortized deferred loan costs	(13,047)
2024 Notes [Member]
Senior Credit Facility	525,000
Unsecured Debt	525,000	525,000
Unamortized deferred loan costs	(7,243)	(7,742)
2026 Notes [Member]
Senior Credit Facility	700,000
Unsecured Debt	700,000	700,000
Unamortized deferred loan costs	(10,031)	(10,588)
Unamortized premium	$ 5,492	$ 5,797

Note 3 - Long-term Debt - Aggre

Note 3 - Long-term Debt - Aggregate Minimum Principal Maturities on Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
2,017	$ 3,208
2,018	6,417
2,019	6,417
2,020	6,417
2,021	6,417
Thereafter	1,834,567
Total	1,863,443
The 2017 Senior Credit Facility [Member]
2,017	3,208
2,018	6,417
2,019	6,417
2,020	6,417
2,021	6,417
Thereafter	609,567
Total	638,443
2024 Notes [Member]
2,017
2,018
2,019
2,020
2,021
Thereafter	525,000
Total	525,000
2026 Notes [Member]
2,017
2,018
2,019
2,020
2,021
Thereafter	700,000
Total	$ 700,000

Note 4 - Fair Value Measureme36

Note 4 - Fair Value Measurement (Details Textual) - USD ($) $ in Billions	Jun. 30, 2017	Dec. 31, 2016
Long-term Debt	$ 1.8	$ 1.8
Long-term Debt, Fair Value	$ 1.9	$ 1.8

Note 5 - Stockholders' Equity (

Note 5 - Stockholders' Equity (Details Textual) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)	Dec. 31, 2016shares	Nov. 06, 2016shares	Mar. 31, 2006shares	Nov. 30, 2004shares	Mar. 31, 2004shares
Capital Units, Authorized	135,000,000	135,000,000
Common Stock, Shares Authorized	100,000,000	100,000,000		100,000,000
Treasury Stock, Value, Acquired, Cost Method | $		$ 4,000
Common Stock, Capital Shares Reserved for Future Issuance	6,044,746	6,044,746		5,449,148
Common Stock, Voting Rights, Votes Per Share	1	1
Dividends, Common Stock | $		$ 0	$ 0
March 2004 Authorization [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased								2,000,000
The 2004-2006 Repurchase Authorization [Member]
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased				279,200
Stock Repurchase Program, Number of Shares Authorized to be Repurchased						5,000,000
The 2016 Repurchase Authorization [Member]
Treasury Stock, Value, Acquired, Cost Method | $	$ 4,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $	$ 69,000	$ 69,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased					75,000,000
Treasury Stock, Shares, Acquired	322,038
Treasury Stock Acquired, Average Cost Per Share | $ / shares	$ 12.39
November 2004 Authorization [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased							2,000,000
Common Class A [Member]
Common Stock, Shares Authorized	15,000,000	15,000,000		15,000,000
Common Stock, Capital Shares Reserved for Future Issuance	1,923,144	1,923,144		257,581
Common Stock, Voting Rights, Votes Per Share	10	10
Blank Check Preferred Stock [Member]
Preferred Stock, Shares Authorized	20,000,000	20,000,000

Note 6 - Retirement Plans (Deta

Note 6 - Retirement Plans (Details Textual) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 0.6
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 1.7	1.7
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 1.8	3.7
Defined Contribution Plan, Expected Contributions In Next Twelve Months		$ 3.2

Note 6 - Retirement Plans - Com

Note 6 - Retirement Plans - Components of Net Periodic Benefit Cost for Pension Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Service cost
Interest cost	1,528	1,185	2,335	2,369
Expected return on plan assets	(1,848)	(1,298)	(2,824)	(2,595)
Loss amortization	158	153	242	306
Net periodic cost	$ (162)	$ 40	$ (247)	$ 80

Note 7 - Share-based Compensa40

Note 7 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 1.99		$ 1.99
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 3.2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	274,746		274,746
Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0		0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	307,943	237,500
Restricted Stock [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	275,076	218,612
Restricted Stock [Member] | Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	307,943	218,452
Restricted Stock [Member] | Employee [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	198,220	166,677
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche One, Vesting January 31, 2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	102,648
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche One, Vesting January 31, 2018 [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	66,073
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche Three, Vesting January 31, 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	102,647
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche Three, Vesting January 31, 2020 [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	66,074
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche Two, Vesting January 31, 2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		72,816
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche Two, Vesting January 31, 2018 [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		55,559
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche One, Vesting January 31, 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		72,816
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche One, Vesting January 31, 2017 [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		55,559
Restricted Stock [Member] | Employee [Member] | Share-based Compensation Award, Tranche Three, Vesting January 31, 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		72,820
Restricted Stock [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		19,048
Restricted Stock [Member] | Director [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		51,935
Restricted Stock [Member] | Director [Member] | Share-based Compensation Award, Tranche Two, Vesting January 31, 2018 [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	76,856
Directors Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	0

Note 7 - Share-based Compensa41

Note 7 - Share-based Compensation - Stock-based Compensation Expense and Related Income Tax Benefit (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based compensation expense, gross	$ 1,434	$ 1,270	$ 2,772	$ 2,556
Income tax benefit at our statutory rate associated with share-based compensation	(559)	(495)	(1,081)	(997)
Share-based compensation expense, net	$ 875	$ 775	$ 1,691	$ 1,559

Note 7 - Share-based Compensa42

Note 7 - Share-based Compensation - Summary of Restricted Common Stock Activity (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Outstanding - beginning of period (in dollars per share)	$ 12.06	$ 9.57
Outstanding - end of period (in dollars per share)	$ 11.14	$ 12.06
Outstanding - beginning of period (in shares)	396,033	337,506
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	307,943	237,500
Granted (in dollars per share)	$ 10.40	$ 12.88
Vested (in shares)	(200,291)	(178,973)
Vested (in dollars per share)	$ 11.82	$ 8.46
Outstanding - end of period (in shares)	503,685	396,033
Common Class A [Member]
Outstanding - beginning of period (in dollars per share)	$ 10.15	$ 9.46
Outstanding - end of period (in dollars per share)	$ 10.63	$ 10.15
Outstanding - beginning of period (in shares)	415,082	374,693
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	275,076	218,612
Granted (in dollars per share)	$ 10.84	$ 11.25
Vested (in shares)	(227,526)	(178,223)
Vested (in dollars per share)	$ 10	$ 10.04
Outstanding - end of period (in shares)	462,632	415,082

Note 9 - Goodwill and Intangi43

Note 9 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Amortization of Intangible Assets	$ 6,657	$ 4,242	$ 12,224	$ 8,130
Finite-Lived Intangible Assets, Amortization Expense, Year Two	16,400		16,400
Finite-Lived Intangible Assets, Amortization Expense, Year Three	13,800		13,800
Finite-Lived Intangible Assets, Amortization Expense, Year Four	10,800		10,800
Finite-Lived Intangible Assets, Amortization Expense, Year Five	7,100		7,100
Finite-Lived Intangible Assets, Amortization Expense, Year Six	$ 4,900		4,900
Goodwill, Impairment Loss			0
Impairment of Intangible Assets (Excluding Goodwill)			$ 0

Note 9 - Goodwill and Intangi44

Note 9 - Goodwill and Intangible Assets - Changes in Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Goodwill			$ 485,318
Goodwill			125,176
Goodwill
Goodwill	$ 610,494		610,494
Broadcast licenses			1,340,305
Broadcast licenses	1,522,532		1,522,532
Finite-lived intangible assets			56,250
Finite-lived intangible assets			34,338
Finite-lived intangible assets	(6,657)	$ (4,242)	(12,224)	$ (8,130)
Finite-lived intangible assets	78,364		78,364
Total intangible assets net of accumulated amortization			1,881,873
Total intangible assets net of accumulated amortization			354,846
Total intangible assets net of accumulated amortization			(13,105)
Total intangible assets net of accumulated amortization	(6,657)	$ (4,242)	(12,224)	$ (8,130)
Total intangible assets net of accumulated amortization	2,211,390		2,211,390
Broadcast Licenses [Member]
Broadcast licenses			1,340,305
Broadcast licenses			195,332
Broadcast licenses			(13,105)
Broadcast licenses	$ 1,522,532		$ 1,522,532

Note 9 - Goodwill and Intangi45

Note 9 - Goodwill and Intangible Assets - Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Net	$ 1,522,532	$ 1,340,305
Net	610,494	485,318
Net	2,211,390	1,881,873
Gross	2,328,037	1,986,378
Accumulated Amortization	(116,647)	(104,505)
Net	2,211,390	1,881,873
Network Affiliate [Member]
Net	3,875
Gross	6,216	1,264
Accumulated Amortization	(2,341)	(1,264)
Other Intangible Assets [Member]
Net	74,489	56,250
Gross	135,096	105,792
Accumulated Amortization	(60,607)	(49,542)
Intangible Assets Subject to Amortization [Member]
Net	78,364	56,250
Gross	141,312	107,056
Accumulated Amortization	(62,948)	(50,806)
Broadcast Licenses [Member]
Net	1,522,532	1,340,305
Gross	1,576,231	1,394,004
Accumulated Amortization	(53,699)	(53,699)
Goodwill Not Amortizable [Member]
Gross	610,494	485,318
Net	610,494	485,318
Intangible Assets Not Subject to Amortization [Member]
Gross	2,186,725	1,879,322
Accumulated Amortization	(53,699)	(53,699)
Net	$ 2,133,026	$ 1,825,623

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Percent			1.30%	1.20%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Compensation Cost, Percent			(0.10%)	0.50%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%	35.00%
Effective Income Tax Rate Reconciliation, Percent	40.40%	40.20%	40.50%	40.70%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent			4.30%	4.40%
Effective Income Tax Rate Reconciliation, Tax Contingency, State and Local, Percent				0.40%

Note 10 - Income Taxes - Reconc

Note 10 - Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income tax expense	$ 47,893	$ 11,897	$ 55,222	$ 18,312
Effective Income Tax Rate Reconciliation, Percent	40.40%	40.20%	40.50%	40.70%

Note 11 - Subsequent Events (De

Note 11 - Subsequent Events (Details Textual) - Burlington and Plattsburg Acquisition [Member] - USD ($) $ in Millions	Aug. 01, 2017	Jun. 01, 2017
Payments to Acquire Businesses, Gross		$ 23.2
Subsequent Event [Member]
Business Combination, Consideration Transferred	$ 29
Payments to Acquire Businesses, Gross	$ 5.8

Note 11 - Subsequent Events - P

Note 11 - Subsequent Events - Preliminary Assets Acquired, Liabilities Assumed, and Goodwill from 2017 Acquisitions (Details) - USD ($) $ in Thousands	Aug. 01, 2017	Jun. 30, 2017	Dec. 31, 2016
Goodwill		$ 610,494	$ 485,318
Subsequent Event [Member] | Burlington and Plattsburg Acquisition [Member]
Property and equipment	$ 10,500
Goodwill	750
Broadcast licenses	14,250
Other intangible assets	3,500
Total	$ 29,000