Hawkeye Acquisition (MDP) 10-Q 28 Jan 15 2015 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Dec. 31, 2014
Document Information [Line Items]
Entity Registrant Name	MEREDITH CORP
Entity Central Index Key	65011
Document Type	10-Q
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	-24
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Company Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	37,246,735
Class B Shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	7,287,666

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Current assets
Cash and cash equivalents	$18,123	$36,587
Accounts receivable, net	289,658	257,644
Inventories	26,213	24,008
Current portion of subscription acquisition costs	97,609	96,893
Current portion of broadcast rights	12,083	4,551
Assets held for sale	54,610	32,900
Other current assets	24,381	17,429
Total current assets	522,677	470,012
Property, plant, and equipment	524,803	501,216
Less accumulated depreciation	-312,274	-296,168
Net property, plant, and equipment	212,529	205,048
Subscription acquisition costs	105,808	101,533
Broadcast rights	2,809	3,114
Other assets	87,419	86,935
Intangible assets, net	930,090	835,531
Goodwill	941,237	841,627
Total assets	2,802,569	2,543,800
Current liabilities
Current portion of long-term debt	62,500	87,500
Current portion of long-term broadcast rights payable	12,137	4,511
Accounts payable	76,308	81,402
Accrued expenses and other liabilities	149,186	136,047
Current portion of unearned subscription revenues	184,282	173,643
Total current liabilities	484,413	483,103
Long-term debt	796,250	627,500
Long-term broadcast rights payable	4,223	4,327
Unearned subscription revenues	166,464	151,533
Deferred income taxes	287,509	277,477
Other noncurrent liabilities	140,604	108,208
Total liabilities	1,879,463	1,652,148
Shareholders' equity
Additional paid-in capital	43,555	41,884
Retained earnings	844,189	814,050
Accumulated other comprehensive loss	-9,173	-8,758
Total shareholders' equity	923,106	891,652
Total liabilities and shareholders' equity	2,802,569	2,543,800
Preferred Stock [Member]
Shareholders' equity
Series preferred stock	0	0
Common Stock [Member]
Shareholders' equity
Common stock	37,247	36,776
Common Class B [Member]
Shareholders' equity
Common stock	$7,288	$7,700

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Earnings (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Revenues
Advertising	$241,422	$193,531	$459,453	$392,078
Circulation	59,468	67,733	125,353	143,467
All other	98,015	92,784	185,283	174,955
Total revenues	398,905	354,048	770,089	710,500
Operating expenses
Production, distribution, and editorial	140,283	132,216	282,170	272,993
Selling, general, and administrative	175,452	158,341	339,128	319,413
Depreciation and amortization	14,308	11,590	27,077	23,385
Total operating expenses	330,043	302,147	648,375	615,791
Income from operations	68,862	51,901	121,714	94,709
Interest expense, net	-4,785	-2,555	-9,027	-5,268
Earnings before income taxes	64,077	49,346	112,687	89,441
Income taxes	-24,486	-18,777	-43,731	-34,831
Net earnings	$39,591	$30,569	$68,956	$54,610
Basic earnings per share
Basic earnings per share (in usd per share)	$0.89	$0.68	$1.55	$1.22
Basic average shares outstanding (in shares)	44,483	44,696	44,471	44,672
Diluted earnings per share
Diluted earnings per share (in usd per share)	$0.87	$0.67	$1.52	$1.20
Diluted average shares outstanding (in shares)	45,268	45,619	45,224	45,499
Dividends paid per share (in usd per share)	$0.43	$0.41	$0.87	$0.82

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$39,591	$30,569	$68,956	$54,610
Other comprehensive income, net of income taxes
Pension and other postretirement benefit plans activity	42	268	84	658
Unrealized loss on interest rate swaps	-1,276	0	-499	0
Other comprehensive income (loss), net of income taxes	-1,234	268	-415	658
Comprehensive income	$38,357	$30,837	$68,541	$55,268

Condensed_Consolidated_Stateme2

Condensed Consolidated Statement of Shareholders' Equity (USD $)	Total	Common Stock [Member]	Common Class B [Member]	Common Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Retained Earnings [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
In Thousands, except Per Share data, unless otherwise specified					Common Class B [Member]			Common Stock [Member]	Common Class B [Member]
Balance at Jun. 30, 2014	$891,652			$36,776	$7,700	$41,884	$814,050			($8,758)
Common stock, par value (in usd per share)				$1	$1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	68,956						68,956
Other comprehensive loss, net of income taxes	-415									-415
Share-based incentive plan transactions	28,389			786		27,603
Purchases of Company stock	-36,177			-726	-1	-35,450
Share-based compensation	8,431					8,431
Conversion of Class B to common stock	0			411	-411
Dividends paid		-32,509	-6,308					-32,509	-6,308
Tax benefit from share-based awards	1,087					1,087
Balance at Dec. 31, 2014	$923,106			$37,247	$7,288	$43,555	$844,189			($9,173)

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net earnings	$68,956	$54,610
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation	18,806	16,735
Amortization	7,012	6,650
Share-based compensation	8,431	7,926
Deferred income taxes	13,486	10,764
Amortization of broadcast rights	8,063	4,437
Payments for broadcast rights	-7,847	-5,338
Provision for write-down of impaired assets	1,450	0
Fair value adjustment to contingent consideration	-1,100	-1,100
Excess tax benefits from share-based payments	-6,035	-3,866
Changes in assets and liabilities	-36,853	-30,131
Net cash provided by operating activities	74,369	60,687
Cash flows from investing activities
Acquisitions of and investments in businesses	-183,944	-879
Additions to property, plant, and equipment	-11,855	-11,272
Net cash used in investing activities	-195,799	-12,151
Cash flows from financing activities
Proceeds from issuance of long-term debt	285,000	106,000
Repayments of long-term debt	-141,250	-116,000
Dividends paid	-38,817	-36,628
Purchases of Company stock	-36,177	-58,198
Proceeds from common stock issued	28,389	50,633
Excess tax benefits from share-based payments	6,035	3,866
Other	-214	0
Net cash provided by (used in) financing activities	102,966	-50,327
Net decrease in cash and cash equivalents	-18,464	-1,791
Cash and cash equivalents, at beginning of period	36,587	27,674
Cash and cash equivalents, at end of period	$18,123	$25,883

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies [Text Block]	Summary of Significant Accounting Policies
	Basis of Presentation—The condensed consolidated financial statements include the accounts of Meredith Corporation and its wholly owned subsidiaries (Meredith or the Company), after eliminating all significant intercompany balances and transactions. Meredith does not have any off-balance sheet arrangements. The Company's use of special-purpose entities is limited to Meredith Funding Corporation, whose activities are fully consolidated in Meredith's condensed consolidated financial statements.
	The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements, which are included in Meredith's Annual Report on Form 10‑K for the year ended June 30, 2014, filed with the SEC.
	The condensed consolidated financial statements as of December 31, 2014, and for the three and six months ended December 31, 2014 and 2013, are unaudited but, in management's opinion, include all normal, recurring adjustments necessary for a fair presentation of the results of interim periods. The year-end condensed consolidated balance sheet data as of June 30, 2014, were derived from audited financial statements, but do not include all disclosures required by GAAP. The results of operations for interim periods are not necessarily indicative of the results to be expected for the entire fiscal year.
	Derivative Financial Instruments—Meredith does not engage in derivative or hedging activities, except to hedge interest rate risk on debt as described in Note 6. Fundamental to our approach to risk management is the desire to minimize exposure to volatility in interest costs of variable rate debt, which can impact our earnings and cash flows. In the first quarter of fiscal 2015, we entered into interest rate swap agreements with counterparties that are major financial institutions. These agreements effectively fix the variable rate cash flow on $200 million of a combination of our variable-rate private placement senior notes and bank term loan. We designated and accounted for the interest rate swaps as cash flow hedges in accordance with Accounting Standards Codification 815, Derivatives and Hedging. The effective portion of the change in the fair value of interest rate swaps is reported in other comprehensive income (loss). The gain or loss included in other comprehensive income (loss) is subsequently reclassified into net earnings on the same line in the Condensed Consolidated Statements of Earnings as the hedged item in the same period that the hedge transaction affects net earnings. The ineffective portion of a change in fair value of the interest rate swaps would be reported in interest expense. During the first six months of fiscal 2015, the interest rate swap agreements were considered effective hedges and there were no material gains or losses recognized in earnings for hedge ineffectiveness.
	Adopted Accounting Pronouncements—In July 2013, the FASB issued guidance on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance requires the netting of unrecognized tax benefits against a deferred tax asset for a loss or other carryforward that would apply in settlement of uncertain tax positions. Under the new standard, unrecognized tax benefits will be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefits. The guidance was effective for the Company in the first quarter of fiscal 2015. The adoption of this guidance did not have an impact on our results of operations or cash flows and we have updated our presentation of unrecognized tax benefits net of our deferred tax assets where applicable on our Condensed Consolidated Balance Sheets.

Acquisitions

Acquisitions	6 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisitions [Text Block]	Acquisitions
	Fiscal 2015
	On October 31, 2014, Meredith acquired WGGB, the ABC affiliate in Springfield, Massachusetts. The results of WGGB's operations have been included in the condensed consolidated financial statements since that date. The acquisition-date fair value of the consideration totaled $53.3 million, which consisted of $50.0 million of cash and $3.3 million of contingent consideration. The contingent consideration arrangement requires the Company to pay contingent payments based on certain future regulatory actions. We estimated the fair value of the contingent consideration using a probability-weighted discounted cash flow model. The fair value is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in Note 9. As of December 31, 2014, the Company estimates the future payments will range from zero to $4.0 million. The maximum amount of contingent payments the seller may receive is $4.0 million.
	Effective November 1, 2014, Meredith completed its acquisition of Martha Stewart Living magazine and its related digital assets (collectively Martha Stewart Living Media Properties). In addition, Meredith entered into a 10‑year licensing arrangement with Martha Stewart Living Omnimedia (MSLO) for the licensing of the Martha Stewart Living trade name. The acquired business operations include sales and marketing, circulation, production, and other non-editorial functions. Meredith will source editorial content from MSLO. The results of the Martha Stewart Living Media Properties have been included in the condensed consolidated financial statements since the effective date. There was no consideration exchanged in this transaction.
	On November 13, 2014, Meredith acquired 100 percent of the membership interests in My Wedding, LLC (Mywedding) resulting in the acquisition of Mywedding.com. Mywedding.com is one of the top five wedding websites in the U.S., providing couples with a complete wedding planning product suite. The results of Mywedding have been included in the condensed consolidated financial statements since that date. The acquisition-date fair value of the consideration was $42.6 million, which consisted of $20.0 million of cash and $22.6 million of contingent consideration. The contingent consideration arrangement requires the Company to pay a contingent payment based on certain financial targets achieved during fiscal 2018 generally based on earnings before interest, taxes, depreciation, and amortization (EBITDA), as defined in the acquisition agreement. The contingent consideration is not dependent on the continued employment of the sellers. We estimated the fair value of the contingent consideration using a probability-weighted discounted cash flow model. The fair value is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in Note 9. As of December 31, 2014, the Company estimates the future payments will range from $11.1 million to $40.0 million. The maximum amount of contingent payments the seller may receive is $40.0 million.
	On December 19, 2014, Meredith acquired WALA, the FOX affiliate in Mobile, Alabama-Pensacola, Florida. The results of WALA's operations have been included in the condensed consolidated financial statements since that date. The cash purchase price, including the purchase of working capital, was $89.9 million.
	On December 30, 2014, Meredith acquired 100 percent of the outstanding stock of Selectable Media, Inc. (Selectable Media), a leading native and engagement-based digital advertising company. The results of Selectable Media have been included in the condensed consolidated financial statements since that date. The acquisition-date fair value of the consideration totaled $30.2 million, which consisted of $23.0 million of cash and $7.2 million of contingent consideration. The contingent consideration arrangement requires the Company to pay contingent payments based on certain financial targets over the next three fiscal years generally based on revenue, as defined in the acquisition agreement. The contingent consideration is not dependent on the continued employment of the sellers. We estimated the fair value of the contingent consideration using a probability-weighted discounted cash flow model. The fair value is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in Note 9. As of December 31, 2014, the Company estimates the future payments will range from $7.3 million to $8.0 million. The maximum amount of contingent payments the seller may receive is $8.0 million.
	As of the date of each acquisition, Meredith allocates the purchase price to the assets acquired and liabilities assumed based on their respective preliminary fair values. The Company is in the process of obtaining third-party valuations of fixed and intangible assets; thus, the provisional measurements of fixed assets, intangible assets, goodwill, and deferred income tax balances are subject to change. The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed by segment:
	(In thousands)	Local Media Acquisitions			National Media Acquisitions			Total
	Accounts receivable	$	4,375		$	4,060		$	8,435
	Current portion of broadcast rights	1,582			—			1,582
	Other current assets	1,106			1,070			2,176
	Property, plant, and equipment	13,695			140			13,835
	Other noncurrent assets	1,907			3,063			4,970
	Intangible assets	107,518			17,400			124,918
	Total identifiable assets acquired	130,183			25,733			155,916
	Deferred subscription revenue	—			(26,866		)	(26,866		)
	Current portion of broadcast rights	(1,582		)	—			(1,582		)
	Other current liabilities	(1,387		)	(7,702		)	(9,089		)
	Long-term liabilities	(5,242		)	(31,434		)	(36,676		)
	Total liabilities assumed	(8,211		)	(66,002		)	(74,213		)
	Net identifiable assets acquired	121,972			(40,269		)	81,703
	Goodwill	17,974			83,269			101,243
	Net assets acquired	$	139,946		$	43,000		$	182,946
	The following table provides details of the acquired intangible assets by acquisition:
	(In thousands)	WGGB			Martha Stewart			Mywedding			WALA		Selectable Media		Total
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	—		$	2,500		$	2,700		$	—	$	3,200	$	8,400
	Customer lists	—			1,500			—			—		—		1,500
	Other	—			—			—			—		700		700
	Local media
	Retransmission agreements	761			—			—			3,254		—		4,015
	Other	70			—			—			102		—		172
	Total	831			$	4,000		$	2,700		$	3,356	$	3,900	$	14,787
	Intangible assets not
	subject to amortization
	National media
	Trademarks	—			—			6,500			—		300		6,800
	Local media
	FCC licenses	33,116			—			—			70,215		—		103,331
	Total	33,116			—			6,500			70,215		300		110,131
	Intangible assets, net	$	33,947		$	4,000		$	9,200		$	73,571	$	4,200	$	124,918
	The useful life of the advertiser relationships ranges from three to five years, the customer lists useful lives are two years, and other national media intangible assets useful lives are five years. The useful lives of the retransmission agreements are six years and other local media other intangible assets useful lives are three years.
	For all acquisitions, goodwill is attributable primarily to expected synergies and the assembled workforces. Goodwill, with a provisionally assigned value of $76.2 million, is expected to be fully deductible for tax purposes.
	Mywedding and Selectable Media are subject to legal and regulatory requirements, including but not limited to those related to taxation, in each of the jurisdictions in the countries in which they operate. The Company has conducted a preliminary assessment of liabilities arising in each of these jurisdictions, and has recognized provisional amounts in its initial accounting for the acquisitions for all identified liabilities in accordance with the business combinations guidance. However, the Company is continuing its review of these matters during the measurement period, and if new information about facts and circumstances that existed at the acquisition date identifies adjustments to the liabilities initially recognized, or any additional liabilities that existed at the acquisition date, the acquisition accounting will be revised to reflect the resulting adjustments to the provisional amounts initially recognized.
	During the second quarter of fiscal 2015, acquisition related costs of $1.3 million were incurred. These costs are included in the selling, general, and administrative line in the Condensed Consolidated Statements of Earnings.
	Fiscal 2014
	Effective February 28, 2014, Meredith acquired KMOV. The results of KMOV's operations have been included in the consolidated financial statements since that date. During the first quarter of fiscal 2015, the provisional amounts recorded to the network affiliation agreements intangible asset were increased $1.0 million, other intangibles were decreased $0.1 million, and a corresponding decrease of $0.9 million was recorded to goodwill based on an updated valuation report.
	Effective June 19, 2014, Meredith acquired KTVK and an interest in the assets of KASW. The results of KTVK's operations have been included in the consolidated financial statements since that date. As part of the Federal Communications Commission's (FCC) approval of the transaction, Meredith is required to sell its interest in the KASW assets. Accordingly, this interest is shown on the Condensed Consolidated Balance Sheet as assets held for sale. During the second quarter of fiscal 2015, the provisional amount recorded to assets held for sale were increased $23.0 million, partially offset by $1.4 million of estimated costs to sell. A corresponding adjustment to the assets of KTVK was recorded as a $23.9 million reduction to the FCC license and $0.8 million reduction of goodwill, partially offset by a $1.7 million increase in retransmission agreements. All adjustments were based on an updated valuation report. The Company is in the process of obtaining third-party valuations of fixed and intangible assets; thus, the provisional measurements of fixed assets, intangible assets, goodwill, and deferred income tax balances are subject to change for KTVK and KASW.

Inventories

Inventories	6 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories [Text Block]	Inventories
	Major components of inventories are summarized below. Of total net inventory values shown, 45 percent are under the last-in first-out (LIFO) method at December 31, 2014, and 49 percent at June 30, 2014.
	(In thousands)	December 31,				June 30,
		2014				2014
	Raw materials		$	12,072		$	11,993
	Work in process		15,971			13,398
	Finished goods		2,367			2,814
			30,410			28,205
	Reserve for LIFO cost valuation		(4,197		)	(4,197		)
	Inventories		$	26,213		$	24,008

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill	6 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill [Text Block]	Intangible Assets and Goodwill
	Intangible assets consist of the following:
		December 31, 2014							June 30, 2014
	(In thousands)	Gross		Accumulated			Net		Gross			Accumulated			Net
		Amount		Amortization			Amount		Amount			Amortization			Amount
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	15,529	$	(5,097	)	$	10,432	$	8,752		$	(6,069	)	$	2,683
	Customer lists	7,570		(5,320		)	2,250		16,257			(14,852		)	1,405
	Other	17,025		(5,938		)	11,087		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(126,149		)	103,160		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(1,313		)	19,977		15,713			(188		)	15,525
	Other	1,194		(210		)	984		1,020			—			1,020
	Total	$	291,917	$	(144,027	)	147,890		$	287,161		$	(149,605	)	137,556
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						1,827								1,827
	Trademarks						155,689								148,889
	Local media
	FCC licenses						624,684								547,259
	Total						782,200								697,975
	Intangible assets, net						$	930,090							$	835,531
	Amortization expense was $7.0 million for the six months ended December 31, 2014. Annual amortization expense for intangible assets is expected to be as follows: $13.8 million in fiscal 2015, $16.0 million in fiscal 2016, $14.3 million in fiscal 2017, $12.6 million in fiscal 2018, and $11.7 million in fiscal 2019.
	Changes in the carrying amount of goodwill were as follows:
	Six months ended December 31,	2014							2013
	(In thousands)	National		Local			Total		National			Local			Total
		Media		Media					Media			Media
	Balance at beginning of period	$	789,038	$	52,589		$	841,627	$	788,854		$	—		$	788,854
	Acquisitions	83,269		16,341			99,610		(68		)	—			(68		)
	Balance at end of period	$	872,307	$	68,930		$	941,237	$	788,786		$	—		$	788,786

Restructuring_Accrual

Restructuring Accrual	6 Months Ended
	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
Restructuring Accrual [Text Block]	Restructuring Accrual
	During the second quarter of fiscal 2015, management committed to several performance improvement plans related to business realignments resulting primarily from recent broadcast station acquisitions, recent digital business acquisitions, and other selected workforce reductions. In connection with these plans, the Company recorded a pre-tax restructuring charge of $6.7 million. The restructuring charge includes severance and related benefit costs of $5.3 million related to the involuntary termination of employees and other write-downs and accruals of $0.2 million, which are recorded in the selling, general, and administrative line of the Condensed Consolidated Statements of Earnings. The Company also wrote down video production fixed assets that the Company plans to abandon for $1.2 million, which is recorded in the depreciation and amortization line of the Condensed Consolidated Statements of Earnings. The majority of severance costs will be paid out over the next 12 months. The plans affect approximately 140 employees.
	Details of changes in the Company's restructuring accrual are as follows:
	Six months ended December 31,	2014			2013
	(In thousands)
	Balance at beginning of period	$	13,545		$	8,103
	Severance accrual	5,273			—
	Other accruals	110			—
	Cash payments	(7,123		)	(2,272		)
	Balance at end of period	$	11,805		$	5,831

Longterm_Debt

Long-term Debt	6 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	Long-term Debt
	Long-term debt consists of the following:
	(In thousands)	December 31,				June 30,
		2014				2014
	Variable-rate credit facilities
	Asset-backed bank facility of $100 million, due 4/24/2015		$	80,000		$	70,000
	Revolving credit facility of $200 million, due 3/27/2019		85,000			20,000
	Term loan of $250 million, due 3/27/2019		243,750			250,000
	Private placement notes
	7.19% senior notes, due 7/13/2014		—			25,000
	2.62% senior notes, due 3/1/2015		50,000			50,000
	3.04% senior notes, due 3/1/2016		50,000			50,000
	3.04% senior notes, due 3/1/2017		50,000			50,000
	3.04% senior notes, due 3/1/2018		50,000			50,000
	Floating rate senior notes, due 12/19/2022		100,000			—
	Floating rate senior notes, due 2/28/2024		150,000			150,000
	Total long-term debt		858,750			715,000
	Current portion of long-term debt		(62,500		)	(87,500		)
	Long-term debt		$	796,250		$	627,500
	In connection with the asset-backed bank facility, Meredith entered into a revolving agreement to sell all of its rights, title, and interest in the majority of its accounts receivable related to advertising and miscellaneous revenues to Meredith Funding Corporation, a special-purpose entity established to purchase accounts receivable from Meredith. At December 31, 2014, $168.6 million of accounts receivable net of reserves was outstanding under the agreement. Meredith Funding Corporation in turn may sell receivable interests to a major national bank. In consideration of the sale, Meredith receives cash and a subordinated note, bearing interest at the prime rate, 3.25 percent at December 31, 2014, from Meredith Funding Corporation. The agreement is structured as a true sale under which the creditors of Meredith Funding Corporation will be entitled to be satisfied out of the assets of Meredith Funding Corporation prior to any value being returned to Meredith or its creditors. The accounts of Meredith Funding Corporation are fully consolidated in Meredith's condensed consolidated financial statements.
	During the first quarter of fiscal 2015, the Company entered into interest rate swap agreements to hedge variable interest rate risk on the $150 million floating-rate senior notes and on $50 million of the term loan. The expiration of the swaps is as follows: $50 million in August 2018 and $150 million in August 2019. Under the swaps the Company will pay fixed rates of interest (1.36 percent on the swap maturing in August 2018 and 1.76 percent on the swaps maturing in August 2019) and receive variable rates of interest based on the one to three-month London Interbank Offered Rate (LIBOR) (0.17 percent on the swap maturing in August 2018 and 0.23 percent on the swaps maturing in August 2019 at December 31, 2014) on the $200 million notional amount of indebtedness. The swaps are designated as cash flow hedges. The Company evaluates the effectiveness of the hedging relationships on an ongoing basis by recalculating changes in fair value of the derivatives and related hedged items independently.
	Unrealized gains or losses on cash flow hedges are recorded in other comprehensive loss to the extent the cash flow hedges are effective. The amount of the swap that offsets the effects of interest rate changes on the related debt is subsequently reclassified into interest expense. Any ineffective portions on cash flow hedges are recorded in interest expense. No material ineffectiveness existed at December 31, 2014.
	The fair value of the interest rate swap agreements is the estimated amount the Company would pay or receive to terminate the swap agreements. At December 31, 2014, the swaps had a fair value of $0.8 million net liability. The Company is exposed to credit-related losses in the event of nonperformance by counterparties to the swap agreements. This exposure is managed through diversification and the monitoring of the creditworthiness of the counterparties. The maximum amount of loss that the Company would incur on the interest rate swaps if the counterparties were to fail to meet their obligations under the agreements was $1.6 million at December 31, 2014. Given the strong creditworthiness of the counterparties, management does not expect any of them to fail to meet their obligations. Additionally, the concentration of risk with any individual counterparty is not considered significant at December 31, 2014.
	Meredith guaranteed $12.5 million of debt of an unrelated third party in connection with the unrelated third party's purchase of title to the assets of KASW. This debt is expected to be repaid upon the sale of this station in fiscal 2015, at which time the guarantee will be released. The Company believes the likelihood of the guarantee being called is remote.

Pension_and_Postretirement_Ben

Pension and Postretirement Benefit Plans	6 Months Ended
	Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Pension and Postretirement Benefit Plans [Text Block]	Pension and Postretirement Benefit Plans
	The following table presents the components of net periodic benefit costs:
		Three Months						Six Months
	Periods ended December 31,	2014			2013			2014			2013
	(In thousands)
	Pension benefits
	Service cost	$	3,043		$	2,537		$	6,086		$	5,075
	Interest cost	1,396			1,397			2,792			2,795
	Expected return on plan assets	(2,759		)	(2,422		)	(5,518		)	(4,844		)
	Prior service cost amortization	56			80			112			161
	Actuarial loss amortization	169			511			338			1,022
	Net periodic benefit costs	$	1,905		$	2,103		$	3,810		$	4,209
	Postretirement benefits
	Service cost	$	29		$	35		$	58		$	100
	Interest cost	102			116			204			247
	Prior service cost amortization	(108		)	(105		)	(216		)	(230		)
	Actuarial gain amortization	(108		)	(101		)	(216		)	(162		)
	Curtailment credit	—			—			—			(1,511		)
	Net periodic benefit	$	(85	)	$	(55	)	$	(170	)	$	(1,556	)
	The amortization of amounts related to unrecognized prior service costs and net actuarial loss were reclassified out of other comprehensive income as components of net periodic benefit costs.
	The curtailment credit was triggered by a change in the postretirement benefit plan to no longer subsidize retiree medical coverage and life insurance for non-vested future non-union retirees.

Earnings_per_Share

Earnings per Share	6 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Earnings per Share [Text Block]	Earnings per Share
	The following table presents the calculations of earnings per share:
		Three Months				Six Months
	Periods ended December 31,	2014		2013		2014		2013
	(In thousands except per share data)
	Net earnings	$	39,591	$	30,569	$	68,956	$	54,610
	Basic average shares outstanding	44,483		44,696		44,471		44,672
	Dilutive effect of stock options and equivalents	785		923		753		827
	Diluted average shares outstanding	45,268		45,619		45,224		45,499
	Earnings per share
	Basic earnings per share	$	0.89	$	0.68	$	1.55	$	1.22
	Diluted earnings per share	0.87		0.67		1.52		1.2
	For the three months ended December 31, 2014 and 2013, antidilutive options excluded from the above calculations totaled 1.0 million (with a weighted average exercise price of $50.29) and 0.8 million (with a weighted average exercise price of $51.78), respectively. For the six months ended December 31, 2014 and 2013, antidilutive options excluded from the above calculations totaled 1.4 million (with a weighted average exercise price of $50.16) and 1.7 million (with a weighted average exercise price of $50.76), respectively.
	In the six months ended December 31, 2014 and 2013, options were exercised to purchase 0.8 million and 1.2 million common shares, respectively.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurements [Text Block]	Fair Value Measurements
	We have estimated the fair value of our financial instruments using available market information and valuation methodologies we believe to be appropriate for these purposes. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that we would realize upon disposition.
	The fair value hierarchy consists of three broad levels of inputs that may be used to measure fair value, which are described below:
	•	Level 1	Quoted prices (unadjusted) in active markets for identical assets or liabilities;
	•	Level 2	Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable;
	•	Level 3	Assets or liabilities for which fair value is based on valuation models with significant unobservable pricing inputs and which result in the use of management estimates.
	The following table sets forth the carrying value and the estimated fair value of the Company's financial instruments:
		December 31, 2014					June 30, 2014
	(In thousands)	Carrying Value		Fair Value			Carrying Value		Fair Value
	Broadcast rights payable	$	16,360	$	15,878		$	8,838	$	8,408
	Long-term debt	858,750		860,856			715,000		717,032
	The fair value of broadcast rights payable was determined using the present value of expected future cash flows discounted at the Company's current borrowing rate with inputs included in Level 3. The fair value of long-term debt was determined using the present value of expected future cash flows using borrowing rates currently available for debt with similar terms and maturities with inputs included in Level 2.
	The following table sets forth the assets and liabilities measured at fair value on a recurring basis:
	(In thousands)	December 31, 2014			June 30,
					2014
	Other assets
	Interest rate swaps	$	1,567		$	—
	Accrued expenses and other liabilities
	Contingent consideration	—			50
	Interest rate swaps	2,390			—
	Other noncurrent liabilities
	Contingent consideration	33,735			1,650
	The fair value of interest rate swaps is determined based on discounted cash flows derived using market observable inputs including swap curves that are included in Level 2. The fair value of the contingent consideration is based on significant inputs not observable in the market and thus represents Level 3 measurements.

Financial_Information_about_In

Financial Information about Industry Segments	6 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Financial Information about Industry Segments [Text Block]	Financial Information about Industry Segments
	Meredith is a diversified media company focused primarily on the home and family marketplace. On the basis of products and services, the Company has established two reportable segments: national media and local media. There have been no changes in the basis of segmentation since June 30, 2014. There are no material intersegment transactions.
	There are two principal financial measures reported to the chief executive officer for use in assessing segment performance and allocating resources. Those measures are operating profit and EBITDA. Operating profit for segment reporting, disclosed below, is revenues less operating costs excluding unallocated corporate expenses. Segment operating expenses include allocations of certain centrally incurred costs such as employee benefits, occupancy, information systems, accounting services, internal legal staff, and human resources administration. These costs are allocated based on actual usage or other appropriate methods, primarily number of employees. Unallocated corporate expenses are corporate overhead expenses not directly attributable to the operating groups. In accordance with authoritative guidance on disclosures about segments of an enterprise and related information, EBITDA is not presented below.
	The following table presents financial information by segment:
		Three Months						Six Months
	Periods ended December 31,	2014			2013			2014			2013
	(In thousands)
	Revenues
	National media	$	242,381		$	249,694		$	488,707		$	516,593
	Local media	156,524			104,354			281,382			193,907
	Total revenues	$	398,905		$	354,048		$	770,089		$	710,500
	Segment profit
	National media	$	26,107		$	28,070		$	55,002		$	56,146
	Local media	54,986			35,225			91,298			60,901
	Unallocated corporate	(12,231		)	(11,394		)	(24,586		)	(22,338		)
	Income from operations	68,862			51,901			121,714			94,709
	Interest expense, net	(4,785		)	(2,555		)	(9,027		)	(5,268		)
	Earnings before income taxes	$	64,077		$	49,346		$	112,687		$	89,441
	Depreciation and amortization
	National media	$	3,487		$	4,783		$	7,112		$	9,733
	Local media	10,395			6,399			19,110			12,832
	Unallocated corporate	426			408			855			820
	Total depreciation and amortization	$	14,308		$	11,590		$	27,077		$	23,385

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation [Policy Text Block]	The condensed consolidated financial statements include the accounts of Meredith Corporation and its wholly owned subsidiaries (Meredith or the Company), after eliminating all significant intercompany balances and transactions. Meredith does not have any off-balance sheet arrangements. The Company's use of special-purpose entities is limited to Meredith Funding Corporation, whose activities are fully consolidated in Meredith's condensed consolidated financial statements.
Basis of Accounting [Policy Text Block]	The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements, which are included in Meredith's Annual Report on Form 10‑K for the year ended June 30, 2014, filed with the SEC.
Derivative Financial Instruments [Policy Text Block]	Meredith does not engage in derivative or hedging activities, except to hedge interest rate risk on debt as described in Note 6. Fundamental to our approach to risk management is the desire to minimize exposure to volatility in interest costs of variable rate debt, which can impact our earnings and cash flows. In the first quarter of fiscal 2015, we entered into interest rate swap agreements with counterparties that are major financial institutions. These agreements effectively fix the variable rate cash flow on $200 million of a combination of our variable-rate private placement senior notes and bank term loan. We designated and accounted for the interest rate swaps as cash flow hedges in accordance with Accounting Standards Codification 815, Derivatives and Hedging. The effective portion of the change in the fair value of interest rate swaps is reported in other comprehensive income (loss). The gain or loss included in other comprehensive income (loss) is subsequently reclassified into net earnings on the same line in the Condensed Consolidated Statements of Earnings as the hedged item in the same period that the hedge transaction affects net earnings. The ineffective portion of a change in fair value of the interest rate swaps would be reported in interest expense. During the first six months of fiscal 2015, the interest rate swap agreements were considered effective hedges and there were no material gains or losses recognized in earnings for hedge ineffectiveness.
Adopted Accounting Pronouncements [Policy Text Block]	In July 2013, the FASB issued guidance on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance requires the netting of unrecognized tax benefits against a deferred tax asset for a loss or other carryforward that would apply in settlement of uncertain tax positions. Under the new standard, unrecognized tax benefits will be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefits. The guidance was effective for the Company in the first quarter of fiscal 2015. The adoption of this guidance did not have an impact on our results of operations or cash flows and we have updated our presentation of unrecognized tax benefits net of our deferred tax assets where applicable on our Condensed Consolidated Balance Sheets.

Acquisitions_Tables

Acquisitions (Tables)	6 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed by Segment [Table Text Block]	The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed by segment:
	(In thousands)	Local Media Acquisitions			National Media Acquisitions			Total
	Accounts receivable	$	4,375		$	4,060		$	8,435
	Current portion of broadcast rights	1,582			—			1,582
	Other current assets	1,106			1,070			2,176
	Property, plant, and equipment	13,695			140			13,835
	Other noncurrent assets	1,907			3,063			4,970
	Intangible assets	107,518			17,400			124,918
	Total identifiable assets acquired	130,183			25,733			155,916
	Deferred subscription revenue	—			(26,866		)	(26,866		)
	Current portion of broadcast rights	(1,582		)	—			(1,582		)
	Other current liabilities	(1,387		)	(7,702		)	(9,089		)
	Long-term liabilities	(5,242		)	(31,434		)	(36,676		)
	Total liabilities assumed	(8,211		)	(66,002		)	(74,213		)
	Net identifiable assets acquired	121,972			(40,269		)	81,703
	Goodwill	17,974			83,269			101,243
	Net assets acquired	$	139,946		$	43,000		$	182,946
Schedule of Acquired Intangible Assets by Acquisition [Table Text Block]	The following table provides details of the acquired intangible assets by acquisition:
	(In thousands)	WGGB			Martha Stewart			Mywedding			WALA		Selectable Media		Total
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	—		$	2,500		$	2,700		$	—	$	3,200	$	8,400
	Customer lists	—			1,500			—			—		—		1,500
	Other	—			—			—			—		700		700
	Local media
	Retransmission agreements	761			—			—			3,254		—		4,015
	Other	70			—			—			102		—		172
	Total	831			$	4,000		$	2,700		$	3,356	$	3,900	$	14,787
	Intangible assets not
	subject to amortization
	National media
	Trademarks	—			—			6,500			—		300		6,800
	Local media
	FCC licenses	33,116			—			—			70,215		—		103,331
	Total	33,116			—			6,500			70,215		300		110,131
	Intangible assets, net	$	33,947		$	4,000		$	9,200		$	73,571	$	4,200	$	124,918

Inventories_Tables

Inventories (Tables)	6 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Major components of inventories are summarized below. Of total net inventory values shown, 45 percent are under the last-in first-out (LIFO) method at December 31, 2014, and 49 percent at June 30, 2014.
	(In thousands)	December 31,				June 30,
		2014				2014
	Raw materials		$	12,072		$	11,993
	Work in process		15,971			13,398
	Finished goods		2,367			2,814
			30,410			28,205
	Reserve for LIFO cost valuation		(4,197		)	(4,197		)
	Inventories		$	26,213		$	24,008

Intangible_Assets_and_Goodwill1

Intangible Assets and Goodwill (Tables)	6 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Intangible assets consist of the following:
		December 31, 2014							June 30, 2014
	(In thousands)	Gross		Accumulated			Net		Gross			Accumulated			Net
		Amount		Amortization			Amount		Amount			Amortization			Amount
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	15,529	$	(5,097	)	$	10,432	$	8,752		$	(6,069	)	$	2,683
	Customer lists	7,570		(5,320		)	2,250		16,257			(14,852		)	1,405
	Other	17,025		(5,938		)	11,087		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(126,149		)	103,160		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(1,313		)	19,977		15,713			(188		)	15,525
	Other	1,194		(210		)	984		1,020			—			1,020
	Total	$	291,917	$	(144,027	)	147,890		$	287,161		$	(149,605	)	137,556
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						1,827								1,827
	Trademarks						155,689								148,889
	Local media
	FCC licenses						624,684								547,259
	Total						782,200								697,975
	Intangible assets, net						$	930,090							$	835,531
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	Intangible assets consist of the following:
		December 31, 2014							June 30, 2014
	(In thousands)	Gross		Accumulated			Net		Gross			Accumulated			Net
		Amount		Amortization			Amount		Amount			Amortization			Amount
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	15,529	$	(5,097	)	$	10,432	$	8,752		$	(6,069	)	$	2,683
	Customer lists	7,570		(5,320		)	2,250		16,257			(14,852		)	1,405
	Other	17,025		(5,938		)	11,087		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(126,149		)	103,160		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(1,313		)	19,977		15,713			(188		)	15,525
	Other	1,194		(210		)	984		1,020			—			1,020
	Total	$	291,917	$	(144,027	)	147,890		$	287,161		$	(149,605	)	137,556
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						1,827								1,827
	Trademarks						155,689								148,889
	Local media
	FCC licenses						624,684								547,259
	Total						782,200								697,975
	Intangible assets, net						$	930,090							$	835,531
Schedule of Goodwill [Table Text Block]	Changes in the carrying amount of goodwill were as follows:
	Six months ended December 31,	2014							2013
	(In thousands)	National		Local			Total		National			Local			Total
		Media		Media					Media			Media
	Balance at beginning of period	$	789,038	$	52,589		$	841,627	$	788,854		$	—		$	788,854
	Acquisitions	83,269		16,341			99,610		(68		)	—			(68		)
	Balance at end of period	$	872,307	$	68,930		$	941,237	$	788,786		$	—		$	788,786

Restructuring_Accrual_Tables

Restructuring Accrual (Tables)	6 Months Ended
	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs [Table Text Block]	Details of changes in the Company's restructuring accrual are as follows:
	Six months ended December 31,	2014			2013
	(In thousands)
	Balance at beginning of period	$	13,545		$	8,103
	Severance accrual	5,273			—
	Other accruals	110			—
	Cash payments	(7,123		)	(2,272		)
	Balance at end of period	$	11,805		$	5,831

Longterm_Debt_Tables

Long-term Debt (Tables)	6 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	Long-term debt consists of the following:
	(In thousands)	December 31,				June 30,
		2014				2014
	Variable-rate credit facilities
	Asset-backed bank facility of $100 million, due 4/24/2015		$	80,000		$	70,000
	Revolving credit facility of $200 million, due 3/27/2019		85,000			20,000
	Term loan of $250 million, due 3/27/2019		243,750			250,000
	Private placement notes
	7.19% senior notes, due 7/13/2014		—			25,000
	2.62% senior notes, due 3/1/2015		50,000			50,000
	3.04% senior notes, due 3/1/2016		50,000			50,000
	3.04% senior notes, due 3/1/2017		50,000			50,000
	3.04% senior notes, due 3/1/2018		50,000			50,000
	Floating rate senior notes, due 12/19/2022		100,000			—
	Floating rate senior notes, due 2/28/2024		150,000			150,000
	Total long-term debt		858,750			715,000
	Current portion of long-term debt		(62,500		)	(87,500		)
	Long-term debt		$	796,250		$	627,500

Pension_and_Postretirement_Ben1

Pension and Postretirement Benefit Plans (Tables)	6 Months Ended
	Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	The following table presents the components of net periodic benefit costs:
		Three Months						Six Months
	Periods ended December 31,	2014			2013			2014			2013
	(In thousands)
	Pension benefits
	Service cost	$	3,043		$	2,537		$	6,086		$	5,075
	Interest cost	1,396			1,397			2,792			2,795
	Expected return on plan assets	(2,759		)	(2,422		)	(5,518		)	(4,844		)
	Prior service cost amortization	56			80			112			161
	Actuarial loss amortization	169			511			338			1,022
	Net periodic benefit costs	$	1,905		$	2,103		$	3,810		$	4,209
	Postretirement benefits
	Service cost	$	29		$	35		$	58		$	100
	Interest cost	102			116			204			247
	Prior service cost amortization	(108		)	(105		)	(216		)	(230		)
	Actuarial gain amortization	(108		)	(101		)	(216		)	(162		)
	Curtailment credit	—			—			—			(1,511		)
	Net periodic benefit	$	(85	)	$	(55	)	$	(170	)	$	(1,556	)

Earnings_per_Share_Tables

Earnings per Share (Tables)	6 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table presents the calculations of earnings per share:
		Three Months				Six Months
	Periods ended December 31,	2014		2013		2014		2013
	(In thousands except per share data)
	Net earnings	$	39,591	$	30,569	$	68,956	$	54,610
	Basic average shares outstanding	44,483		44,696		44,471		44,672
	Dilutive effect of stock options and equivalents	785		923		753		827
	Diluted average shares outstanding	45,268		45,619		45,224		45,499
	Earnings per share
	Basic earnings per share	$	0.89	$	0.68	$	1.55	$	1.22
	Diluted earnings per share	0.87		0.67		1.52		1.2

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following table sets forth the carrying value and the estimated fair value of the Company's financial instruments:
		December 31, 2014					June 30, 2014
	(In thousands)	Carrying Value		Fair Value			Carrying Value		Fair Value
	Broadcast rights payable	$	16,360	$	15,878		$	8,838	$	8,408
	Long-term debt	858,750		860,856			715,000		717,032
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	The following table sets forth the assets and liabilities measured at fair value on a recurring basis:
	(In thousands)	December 31, 2014			June 30,
					2014
	Other assets
	Interest rate swaps	$	1,567		$	—
	Accrued expenses and other liabilities
	Contingent consideration	—			50
	Interest rate swaps	2,390			—
	Other noncurrent liabilities
	Contingent consideration	33,735			1,650

Financial_Information_about_In1

Financial Information about Industry Segments (Tables)	6 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following table presents financial information by segment:
		Three Months						Six Months
	Periods ended December 31,	2014			2013			2014			2013
	(In thousands)
	Revenues
	National media	$	242,381		$	249,694		$	488,707		$	516,593
	Local media	156,524			104,354			281,382			193,907
	Total revenues	$	398,905		$	354,048		$	770,089		$	710,500
	Segment profit
	National media	$	26,107		$	28,070		$	55,002		$	56,146
	Local media	54,986			35,225			91,298			60,901
	Unallocated corporate	(12,231		)	(11,394		)	(24,586		)	(22,338		)
	Income from operations	68,862			51,901			121,714			94,709
	Interest expense, net	(4,785		)	(2,555		)	(9,027		)	(5,268		)
	Earnings before income taxes	$	64,077		$	49,346		$	112,687		$	89,441
	Depreciation and amortization
	National media	$	3,487		$	4,783		$	7,112		$	9,733
	Local media	10,395			6,399			19,110			12,832
	Unallocated corporate	426			408			855			820
	Total depreciation and amortization	$	14,308		$	11,590		$	27,077		$	23,385

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Derivative (Details) (Cash Flow Hedging [Member], Interest Rate Swap [Member], USD $)	Sep. 30, 2014
In Millions, unless otherwise specified
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item	$200

Acquisitions_Narrative_Details

Acquisitions - Narrative (Details) (USD $)	6 Months Ended		3 Months Ended	0 Months Ended					3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Oct. 31, 2014	Nov. 01, 2014	Nov. 13, 2014	Dec. 19, 2014	Dec. 30, 2014	Sep. 30, 2014
Business Acquisition [Line Items]
Cash purchase price	$183,944,000	$879,000
Goodwill, amount deductible for tax purposes	76,200,000		76,200,000
KASW [Member]
Business Acquisition [Line Items]
Increase (decrease) in assets held for sale based on updated valuation report			23,000,000
Estimated costs to sell			1,400,000
Selling, general and administrative [Member]
Business Acquisition [Line Items]
Acquisition related costs			1,300,000
Advertiser Relationships [Member] | Minimum [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	3 years
Advertiser Relationships [Member] | Maximum [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	5 years
Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	2 years
Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	6 years
Other Intangible Assets [Member] | National Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	5 years
Other Intangible Assets [Member] | Local Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	3 years
WGGB [Member]
Business Acquisition [Line Items]
Acquisition-date fair value of the consideration				53,300,000
Cash purchase price				50,000,000
Contingent consideration				3,300,000
Contingent consideration, low end of range	0		0
Contingent consideration, high end of range	4,000,000		4,000,000
Martha Stewart [Member]
Business Acquisition [Line Items]
Acquisition-date fair value of the consideration					0
Term of licensing arrangement					10 years
Mywedding [Member]
Business Acquisition [Line Items]
Acquisition-date fair value of the consideration						42,600,000
Cash purchase price						20,000,000
Contingent consideration						22,600,000
Contingent consideration, low end of range	11,100,000		11,100,000
Contingent consideration, high end of range	40,000,000		40,000,000
Percentage of membership interests or stock acquired						100.00%
WALA [Member]
Business Acquisition [Line Items]
Cash purchase price							89,900,000
Selectable Media [Member]
Business Acquisition [Line Items]
Acquisition-date fair value of the consideration								30,200,000
Cash purchase price								23,000,000
Contingent consideration								7,200,000
Contingent consideration, low end of range	7,300,000		7,300,000
Contingent consideration, high end of range	8,000,000		8,000,000
Percentage of membership interests or stock acquired								100.00%
Basis for contingent consideration, certain financial targets, measurement period								3 years
KMOV [Member]
Business Acquisition [Line Items]
Increase (decrease) in goodwill based on updated valuation report									-900,000
KMOV [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report									-100,000
KMOV [Member] | Network Affiliation Agreements [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report									1,000,000
KTVK [Member] | KASW [Member]
Business Acquisition [Line Items]
Increase (decrease) in goodwill based on updated valuation report			-800,000
KTVK [Member] | KASW [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report			-23,900,000
KTVK [Member] | Retransmission Agreements [Member] | KASW [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report			$1,700,000

Acquisitions_Assets_Acquired_a

Acquisitions - Assets Acquired and Liabilities Assumed by Segment (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Business Acquisition [Line Items]
Goodwill	$941,237	$841,627	$788,786	$788,854
Local Media [Member]
Business Acquisition [Line Items]
Goodwill	68,930	52,589	0	0
National Media [Member]
Business Acquisition [Line Items]
Goodwill	872,307	789,038	788,786	788,854
Fiscal 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	8,435
Current portion of broadcast rights	1,582
Other current assets	2,176
Property, plant, and equipment	13,835
Other noncurrent assets	4,970
Intangible assets	124,918
Total identifiable assets acquired	155,916
Deferred subscription revenue	-26,866
Current portion of broadcast rights	-1,582
Other current liabilities	-9,089
Long-term liabilities	-36,676
Total liabilities assumed	-74,213
Net identifiable assets acquired	81,703
Goodwill	101,243
Net assets acquired	182,946
Fiscal 2015 Acquisitions [Member] | Local Media [Member]
Business Acquisition [Line Items]
Accounts receivable	4,375
Current portion of broadcast rights	1,582
Other current assets	1,106
Property, plant, and equipment	13,695
Other noncurrent assets	1,907
Intangible assets	107,518
Total identifiable assets acquired	130,183
Deferred subscription revenue	0
Current portion of broadcast rights	-1,582
Other current liabilities	-1,387
Long-term liabilities	-5,242
Total liabilities assumed	-8,211
Net identifiable assets acquired	121,972
Goodwill	17,974
Net assets acquired	139,946
Fiscal 2015 Acquisitions [Member] | National Media [Member]
Business Acquisition [Line Items]
Accounts receivable	4,060
Current portion of broadcast rights	0
Other current assets	1,070
Property, plant, and equipment	140
Other noncurrent assets	3,063
Intangible assets	17,400
Total identifiable assets acquired	25,733
Deferred subscription revenue	-26,866
Current portion of broadcast rights	0
Other current liabilities	-7,702
Long-term liabilities	-31,434
Total liabilities assumed	-66,002
Net identifiable assets acquired	-40,269
Goodwill	83,269
Net assets acquired	$43,000

Acquisitions_Acquired_Intangib

Acquisitions - Acquired Intangible Assets by Acquisition (Details) (USD $)	6 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Oct. 31, 2014	Nov. 01, 2014	Nov. 13, 2014	Dec. 19, 2014	Dec. 30, 2014
Business Acquisition [Line Items]
Intangible assets subject to amortization	$14,787
Intangible assets not subject to amortization	110,131
Intangible assets, net	124,918
National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization	6,800
National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	8,400
National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	1,500
National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	700
Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization	103,331
Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	4,015
Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	172
WGGB [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		831
Intangible assets not subject to amortization		33,116
Intangible assets, net		33,947
WGGB [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization		0
WGGB [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		0
WGGB [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		0
WGGB [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		0
WGGB [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization		33,116
WGGB [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		761
WGGB [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization		70
Martha Stewart [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			4,000
Intangible assets not subject to amortization			0
Intangible assets, net			4,000
Martha Stewart [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization			0
Martha Stewart [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			2,500
Martha Stewart [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			1,500
Martha Stewart [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			0
Martha Stewart [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization			0
Martha Stewart [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			0
Martha Stewart [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization			0
Mywedding [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				2,700
Intangible assets not subject to amortization				6,500
Intangible assets, net				9,200
Mywedding [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization				6,500
Mywedding [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				2,700
Mywedding [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				0
Mywedding [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				0
Mywedding [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization				0
Mywedding [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				0
Mywedding [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				0
WALA [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					3,356
Intangible assets not subject to amortization					70,215
Intangible assets, net					73,571
WALA [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization					0
WALA [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					0
WALA [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					0
WALA [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					0
WALA [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization					70,215
WALA [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					3,254
WALA [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization					102
Selectable Media [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						3,900
Intangible assets not subject to amortization						300
Intangible assets, net						4,200
Selectable Media [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization						300
Selectable Media [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						3,200
Selectable Media [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						0
Selectable Media [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						700
Selectable Media [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization						0
Selectable Media [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						0
Selectable Media [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization						$0

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Percentage of LIFO Inventory	45.00%	49.00%
Raw materials	$12,072	$11,993
Work in process	15,971	13,398
Finished goods	2,367	2,814
Subtotal	30,410	28,205
Reserve for LIFO cost valuation	-4,197	-4,197
Inventories	$26,213	$24,008

Intangible_Assets_and_Goodwill2

Intangible Assets and Goodwill - Intangible Assets (Details) (USD $)	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2014
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	$291,917,000		$287,161,000
Intangible assets subject to amortization, accumulated amortization	-144,027,000		-149,605,000
Intangible assets subject to amortization, net amount	147,890,000		137,556,000
Intangible assets not subject to amortization	782,200,000		697,975,000
Intangible assets, net	930,090,000		835,531,000
Amortization expense	7,012,000	6,650,000
Future amortization expense for intangible assets [Abstract]
Future amortization expense, fiscal 2015	13,800,000
Future amortization expense, fiscal 2016	16,000,000
Future amortization expense, fiscal 2017	14,300,000
Future amortization expense, fiscal 2018	12,600,000
Future amortization expense, fiscal 2019	11,700,000
National Media [Member] | Internet Domain Names [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets not subject to amortization	1,827,000		1,827,000
National Media [Member] | Trademarks [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets not subject to amortization	155,689,000		148,889,000
National Media [Member] | Advertiser Relationships [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	15,529,000		8,752,000
Intangible assets subject to amortization, accumulated amortization	-5,097,000		-6,069,000
Intangible assets subject to amortization, net amount	10,432,000		2,683,000
National Media [Member] | Customer Lists [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	7,570,000		16,257,000
Intangible assets subject to amortization, accumulated amortization	-5,320,000		-14,852,000
Intangible assets subject to amortization, net amount	2,250,000		1,405,000
National Media [Member] | Other Intangible Assets [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	17,025,000		17,105,000
Intangible assets subject to amortization, accumulated amortization	-5,938,000		-5,608,000
Intangible assets subject to amortization, net amount	11,087,000		11,497,000
Local Media [Member] | FCC Licenses [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets not subject to amortization	624,684,000		547,259,000
Local Media [Member] | Network Affiliation Agreements [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	229,309,000		228,314,000
Intangible assets subject to amortization, accumulated amortization	-126,149,000		-122,888,000
Intangible assets subject to amortization, net amount	103,160,000		105,426,000
Local Media [Member] | Retransmission Agreements [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	21,290,000		15,713,000
Intangible assets subject to amortization, accumulated amortization	-1,313,000		-188,000
Intangible assets subject to amortization, net amount	19,977,000		15,525,000
Local Media [Member] | Other Intangible Assets [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	1,194,000		1,020,000
Intangible assets subject to amortization, accumulated amortization	-210,000		0
Intangible assets subject to amortization, net amount	$984,000		$1,020,000

Intangible_Assets_and_Goodwill3

Intangible Assets and Goodwill - Goodwill (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Roll Forward]
Balance at beginning of period	$841,627	$788,854
Acquisitions	99,610	-68
Balance at end of period	941,237	788,786
National Media [Member]
Goodwill [Roll Forward]
Balance at beginning of period	789,038	788,854
Acquisitions	83,269	-68
Balance at end of period	872,307	788,786
Local Media [Member]
Goodwill [Roll Forward]
Balance at beginning of period	52,589	0
Acquisitions	16,341	0
Balance at end of period	$68,930	$0

Restructuring_Accrual_Narrativ

Restructuring Accrual - Narrative (Details) (USD $)	3 Months Ended	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
	employees
Restructuring Cost and Reserve [Line Items]
Restructuring charge	$6,700,000
Write-down of video production fixed assets		1,450,000	0
Severance costs, expected period of payment	12 months
Expected number of employees affected	140
Selling, general and administrative [Member]
Restructuring Cost and Reserve [Line Items]
Severance and related benefit costs	5,300,000
Other write-downs and accruals	200,000
Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Write-down of video production fixed assets	$1,200,000

Restructuring_Accrual_Changes_

Restructuring Accrual - Changes in Restructuring Accrual (Details) (USD $)	3 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Changes in restructuring accrual [Roll Forward]
Balance at beginning of period		$13,545	$8,103
Accruals	6,700
Cash payments		-7,123	-2,272
Balance at end of period	11,805	11,805	5,831
Employee Severance [Member]
Changes in restructuring accrual [Roll Forward]
Accruals		5,273	0
Other Restructuring [Member]
Changes in restructuring accrual [Roll Forward]
Accruals		$110	$0

Longterm_Debt_Details

Long-term Debt (Details) (USD $)	6 Months Ended
	Dec. 31, 2014	Jun. 30, 2014
Debt Instrument [Line Items]
Total long-term debt	$858,750,000	$715,000,000
Current portion of long-term debt	-62,500,000	-87,500,000
Long-term debt	796,250,000	627,500,000
Subordinated note receivable, interest rate	3.25%
Line of Credit [Member] | Asset Backed Bank Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	80,000,000	70,000,000
Line of credit facility, maximum borrowing capacity	100,000,000
Accounts receivable outstanding under the revolving agreement	168,600,000
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	85,000,000	20,000,000
Line of credit facility, maximum borrowing capacity	200,000,000
Term Loan Facility [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	243,750,000	250,000,000
Line of credit facility, maximum borrowing capacity	250,000,000
Senior Notes [Member] | Senior Notes Due 2014 [Member]
Debt Instrument [Line Items]
Total long-term debt	0	25,000,000
Debt instrument, stated interest rate	7.19%
Senior Notes [Member] | Senior Notes Due 2015 [Member]
Debt Instrument [Line Items]
Total long-term debt	50,000,000	50,000,000
Debt instrument, stated interest rate	2.62%
Senior Notes [Member] | Senior Notes Due 2016 [Member]
Debt Instrument [Line Items]
Total long-term debt	50,000,000	50,000,000
Debt instrument, stated interest rate	3.04%
Senior Notes [Member] | Senior Notes Due 2017 [Member]
Debt Instrument [Line Items]
Total long-term debt	50,000,000	50,000,000
Debt instrument, stated interest rate	3.04%
Senior Notes [Member] | Senior Notes Due 2018 [Member]
Debt Instrument [Line Items]
Total long-term debt	50,000,000	50,000,000
Debt instrument, stated interest rate	3.04%
Senior Notes [Member] | Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Total long-term debt	100,000,000	0
Senior Notes [Member] | Senior Notes Due 2024 [Member]
Debt Instrument [Line Items]
Total long-term debt	150,000,000	150,000,000
KASW [Member]
Debt Instrument [Line Items]
Debt guaranteed, unrelated third party	$12,500,000

Longterm_Debt_Derivative_Detai

Long-term Debt - Derivative (Details) (Cash Flow Hedging [Member], USD $)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item		$200
Derivative, Notional Amount		200
Fair value of interest rate swaps	0.8
Maximum loss on counterparties failure to meet obligations	1.6
Interest Rate Swap Expiring August 2018 [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item		50
Derivative, Fixed Interest Rate		1.36%
Derivative, Variable Interest Rate	0.17%
Interest Rate Swap Expiring August 2019 [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item		150
Derivative, Fixed Interest Rate		1.76%
Derivative, Variable Interest Rate	0.23%
Senior Notes Due 2024 [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item		150
Term Loan Facility [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item		$50

Pension_and_Postretirement_Ben2

Pension and Postretirement Benefit Plans (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Pension Plans [Member]
Components of Net Periodic Benefit Costs [Abstract]
Service cost	$3,043	$2,537	$6,086	$5,075
Interest cost	1,396	1,397	2,792	2,795
Expected return on plan assets	-2,759	-2,422	-5,518	-4,844
Prior service cost amortization	56	80	112	161
Actuarial loss (gain) amortization	169	511	338	1,022
Net periodic benefit	1,905	2,103	3,810	4,209
Postretirement Benefit Plans [Member]
Components of Net Periodic Benefit Costs [Abstract]
Service cost	29	35	58	100
Interest cost	102	116	204	247
Prior service cost amortization	-108	-105	-216	-230
Actuarial loss (gain) amortization	-108	-101	-216	-162
Curtailment credit	0	0	0	-1,511
Net periodic benefit	($85)	($55)	($170)	($1,556)

Earnings_per_Share_Details

Earnings per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net earnings	$39,591	$30,569	$68,956	$54,610
Basic average shares outstanding (in shares)	44,483,000	44,696,000	44,471,000	44,672,000
Dilutive effect of stock options and equivalents (in shares)	785,000	923,000	753,000	827,000
Diluted average shares outstanding (in shares)	45,268,000	45,619,000	45,224,000	45,499,000
Earnings per share
Basic earnings per share (in usd per share)	$0.89	$0.68	$1.55	$1.22
Diluted earnings per share (in usd per share)	$0.87	$0.67	$1.52	$1.20
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options exercised to purchase common shares			800,000	1,200,000
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive options excluded from calculation of earnings per share, number of options	1,000,000	800,000	1,400,000	1,700,000
Antidilutive options excluded from calculation of earnings per share, weighted average exercise price	$50.29	$51.78	$50.16	$50.76

Fair_Value_Measurements_Carryi

Fair Value Measurements - Carrying Value and Estimated Fair Value of Financial Instruments (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	$16,360	$8,838
Long-term debt	858,750	715,000
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	15,878	8,408
Long-term debt	$860,856	$717,032

Fair_Value_Measurements_Recurr

Fair Value Measurements - Recurring Basis (Details) (Measured at fair value on recurring basis [Member], Level 2 [Member], USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Other assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	$1,567	$0
Accrued expenses and other liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	50
Interest rate swaps	2,390	0
Other noncurrent liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$33,735	$1,650

Financial_Information_about_In2

Financial Information about Industry Segments (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
			segment
			measures
Segment Reporting Information [Line Items]
Number of reportable segments			2
Number of principal financial measures			2
Total revenues	$398,905	$354,048	$770,089	$710,500
Income from operations	68,862	51,901	121,714	94,709
Interest expense, net	-4,785	-2,555	-9,027	-5,268
Earnings before income taxes	64,077	49,346	112,687	89,441
Total depreciation and amortization	14,308	11,590	27,077	23,385
National Media [Member]
Segment Reporting Information [Line Items]
Total revenues	242,381	249,694	488,707	516,593
Income from operations	26,107	28,070	55,002	56,146
Total depreciation and amortization	3,487	4,783	7,112	9,733
Local Media [Member]
Segment Reporting Information [Line Items]
Total revenues	156,524	104,354	281,382	193,907
Income from operations	54,986	35,225	91,298	60,901
Total depreciation and amortization	10,395	6,399	19,110	12,832
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Income from operations	-12,231	-11,394	-24,586	-22,338
Total depreciation and amortization	$426	$408	$855	$820

Uncategorized_Items

Uncategorized Items
[us-gaap_CommonStockParOrStatedValuePerShare]	1	1