Hawkeye Acquisition (MDP) 10-Q 27 Apr 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Mar. 31, 2015
Document Information [Line Items]
Entity Registrant Name	MEREDITH CORP
Entity Central Index Key	65011
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
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	37,563,004
Class B Shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	7,024,768

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Current assets
Cash and cash equivalents	$19,658	$36,587
Accounts receivable, net	269,527	257,644
Inventories	29,506	24,008
Current portion of subscription acquisition costs	115,617	96,893
Current portion of broadcast rights	8,455	4,551
Assets held for sale	0	56,010
Other current assets	27,564	17,429
Total current assets	470,327	493,122
Property, plant, and equipment	531,176	501,106
Less accumulated depreciation	-320,910	-296,168
Net property, plant, and equipment	210,266	204,938
Subscription acquisition costs	96,877	101,533
Broadcast rights	2,241	3,114
Other assets	69,379	86,935
Intangible assets, net	941,742	813,297
Goodwill	1,037,891	840,861
Total assets	2,828,723	2,543,800
Current liabilities
Current portion of long-term debt	62,500	87,500
Current portion of long-term broadcast rights payable	8,942	4,511
Accounts payable	83,661	81,402
Accrued expenses and other liabilities	139,503	136,047
Current portion of unearned subscription revenues	212,097	173,643
Total current liabilities	506,703	483,103
Long-term debt	763,125	627,500
Long-term broadcast rights payable	3,640	4,327
Unearned subscription revenues	155,170	151,533
Deferred income taxes	297,762	277,477
Other noncurrent liabilities	172,586	108,208
Total liabilities	1,898,986	1,652,148
Shareholders' equity
Additional paid-in capital	47,161	41,884
Retained earnings	848,872	814,050
Accumulated other comprehensive loss	-10,884	-8,758
Total shareholders' equity	929,737	891,652
Total liabilities and shareholders' equity	2,828,723	2,543,800
Preferred Stock [Member]
Shareholders' equity
Series preferred stock	0	0
Common Stock [Member]
Shareholders' equity
Common stock	37,563	36,776
Common Class B [Member]
Shareholders' equity
Common stock	$7,025	$7,700

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Earnings (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Revenues
Advertising	$206,010	$182,175	$665,463	$574,253
Circulation	96,037	96,078	221,390	239,545
All other	96,132	89,161	281,415	264,116
Total revenues	398,179	367,414	1,168,268	1,077,914
Operating expenses
Production, distribution, and editorial	154,448	144,766	436,618	417,759
Selling, general, and administrative	182,015	168,386	521,143	487,799
Depreciation and amortization	14,610	23,033	41,687	46,418
Total operating expenses	351,073	336,185	999,448	951,976
Income from operations	47,106	31,229	168,820	125,938
Interest expense, net	-5,179	-3,408	-14,206	-8,676
Earnings before income taxes	41,927	27,821	154,614	117,262
Income taxes	-16,671	-9,335	-60,402	-44,166
Net earnings	$25,256	$18,486	$94,212	$73,096
Basic earnings per share
Basic earnings per share (in usd per share)	$0.57	$0.41	$2.12	$1.64
Basic average shares outstanding (in shares)	44,549	44,649	44,497	44,665
Diluted earnings per share
Diluted earnings per share (in usd per share)	$0.56	$0.41	$2.08	$1.61
Diluted average shares outstanding (in shares)	45,387	45,376	45,289	45,462
Dividends paid per share (in usd per share)	$0.46	$0.43	$1.32	$1.25

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Comprehensive income
Net earnings	$25,256	$18,486	$94,212	$73,096
Other comprehensive income, net of income taxes
Pension and other postretirement benefit plans activity	42	269	126	927
Unrealized loss on interest rate swaps	-1,753	0	-2,252	0
Other comprehensive income (loss), net of income taxes	-1,711	269	-2,126	927
Comprehensive income	$23,545	$18,755	$92,086	$74,023

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, 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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	94,212						94,212
Other comprehensive loss, net of income taxes	-2,126									-2,126
Share-based incentive plan transactions	35,472			946		34,526
Purchases of Company stock	-41,957			-833	-1	-41,123
Share-based compensation	10,907					10,907
Conversion of Class B to common stock	0			674	-674
Dividends paid		-49,871	-9,519					-49,871	-9,519
Tax benefit from share-based awards	967					967
Balance at Mar. 31, 2015	$929,737			$37,563	$7,025	$47,161	$848,872			($10,884)

Condensed_Consolidated_Stateme3

Condensed Consolidated Statement of Shareholders' Equity (Parentheticals) (Common Stock [Member], USD $)	Mar. 31, 2015	Jun. 30, 2014
Common Stock [Member]
Common stock, par value (in usd per share)	$1	$1
Common Class B [Member]
Common stock, par value (in usd per share)	$1	$1

Condensed_Consolidated_Stateme4

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Net earnings	$94,212	$73,096
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation	28,593	25,322
Amortization	11,835	9,894
Share-based compensation	10,907	10,402
Deferred income taxes	24,185	7,862
Amortization of broadcast rights	12,396	6,118
Payments for broadcast rights	-11,761	-7,692
Provision for write-down of impaired assets	3,142	11,447
Fair value adjustment to contingent consideration	-600	-3,400
Excess tax benefits from share-based payments	-6,790	-4,092
Changes in assets and liabilities	-42,824	-37,600
Net cash provided by operating activities	123,295	91,357
Cash flows from investing activities
Acquisitions of and investments in businesses, net of cash acquired	-254,965	-188,654
Additions to property, plant, and equipment	-19,997	-16,483
Proceeds from disposition of assets	83,434	0
Net cash used in investing activities	-191,528	-205,137
Cash flows from financing activities
Proceeds from issuance of long-term debt	420,000	386,000
Repayments of long-term debt	-309,375	-211,000
Dividends paid	-59,390	-56,034
Purchases of Company stock	-41,957	-67,820
Proceeds from common stock issued	35,472	54,903
Excess tax benefits from share-based payments	6,790	4,092
Other	-236	-1,914
Net cash provided by financing activities	51,304	108,227
Net decrease in cash and cash equivalents	-16,929	-5,553
Cash and cash equivalents, at beginning of period	36,587	27,674
Cash and cash equivalents, at end of period	$19,658	$22,121

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Mar. 31, 2015
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 March 31, 2015, and for the three and nine months ended March 31, 2015 and 2014, 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.
	Retrospective Adjustments—During fiscal 2015, we updated the purchase accounting for an acquisition that occurred in fiscal 2014. We retrospectively adjusted the provisional amounts recognized at the acquisition date to reflect fair values and, as required by the accounting guidance for business combinations, made adjustments to the June 30, 2014, Consolidated Balance Sheet. (See Note 2.)
	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 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 $300.0 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 nine 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 Financial Accounting Standards Board (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.
	Recently Issued Accounting Standards—In April 2015, the FASB issued guidance on the presentation of debt issuance costs. The new standard requires that debt issuance costs are recorded as a reduction from the face amount of the related debt, with amortization recorded as interest expense, rather than recording as a deferred asset. The guidance is effective for the Company in the first quarter of fiscal 2017 with early adoption permitted. The guidance is to be retrospectively applied to all prior periods. Adoption of the new guidance is not expected to have a material impact on the condensed consolidated financial statements.

Acquisitions

Acquisitions	9 Months Ended
	Mar. 31, 2015
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 March 31, 2015, the Company estimates the future payments will range from zero to $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 cash consideration exchanged in this transaction.
	On November 13, 2014, Meredith acquired 100 percent of the membership interests in MyWedding, LLC (Mywedding). Mywedding operates mywedding.com, one of the top 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 primarily 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 March 31, 2015, the Company estimates the future payments will range from $11.1 million to $40.0 million. During the third quarter of fiscal 2015, the provisional amounts recorded to the advertiser relationships were decreased $0.6 million, trademark intangible assets were decreased $1.3 million, cash consideration increased $0.1 million due to a working capital adjustment, and a corresponding increase of $2.0 million was recorded to goodwill based on an updated valuation report and other fair value determinations.
	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 primarily 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 March 31, 2015, the Company estimates the future payments will range from $7.3 million to $8.0 million.
	Effective February 1, 2015, Meredith completed its acquisition of Shape, Natural Health, and Fit Pregnancy magazines and their related digital assets (collectively Shape). Shape is the women's active lifestyle category leader with content focusing on exercise, beauty, nutrition, health, fashion, wellness, and other lifestyle topics to help women lead a healthier, active lifestyle. The results of Shape's digital operations and certain expenses related to the print operations have been included in the condensed consolidated financial statements since the effective date. The print operations will publish its first issue in the fourth quarter of fiscal 2015. The acquisition-date fair value of the consideration totaled $87.4 million, which consisted of $60.0 million of cash and $27.4 million of contingent consideration. The contingent consideration arrangement requires the Company to pay a contingent payment based on the achievement of certain financial targets over the next three fiscal years primarily based on operating profit, as defined in the acquisition agreement. 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 represent a Level 3 measurement as defined in Note 9. As of March 31, 2015, the Company estimates the future payments will range from $26.0 million to $36.8 million.
	As of the date of each acquisition, Meredith allocated 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; therefore, 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 during the nine months ended March 31, 2015:
	(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		1,437					1,070					2,507
	Property, plant, and equipment		13,695					140					13,835
	Other noncurrent assets		1,907					3,063					4,970
	Intangible assets		107,518					33,875					141,393
	Total identifiable assets acquired		130,514					42,208					172,722
	Deferred subscription revenue		—					(51,976		)			(51,976		)
	Current portion of broadcast rights		(1,582		)			—					(1,582		)
	Other current liabilities		(1,718		)			(7,702		)			(9,420		)
	Long-term liabilities		(5,242		)			(58,835		)			(64,077		)
	Total liabilities assumed		(8,542		)			(118,513		)			(127,055		)
	Net identifiable assets acquired		121,972					(76,305		)			45,667
	Goodwill		17,974					179,424					197,398
	Net assets acquired		$	139,946				$	103,119				$	243,065
	The following table provides details of the acquired intangible assets by acquisition:
	(In thousands)	WGGB			Martha Stewart			Mywedding			WALA			Selectable Media		Shape		Total
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	—		$	2,500		$	2,100		$	—		$	3,200	$	3,150	$	10,950
	Customer lists	—			1,500			—			—			—		2,650		4,150
	Other	—			—			—			—			700		975		1,675
	Local media
	Retransmission agreements	761			—			—			3,254			—		—		4,015
	Other	70			—			—			102			—		—		172
	Total	831			4,000			2,100			3,356			3,900		6,775		20,962
	Intangible assets not
	subject to amortization
	National media
	Trademarks	—			—			5,200			—			300		7,200		12,700
	Internet domain names	—			—			—			—			—		4,400		4,400
	Local media
	FCC licenses	33,116			—			—			70,215			—		—		103,331
	Total	33,116			—			5,200			70,215			300		11,600		120,431
	Intangible assets, net	$	33,947		$	4,000		$	7,300		$	73,571		$	4,200	$	18,375	$	141,393
	The above purchase price allocations are considered preliminary and are subject to revisions when the valuations of intangible assets are finalized upon receipt of the various final valuation reports for those assets from third party valuation experts.
	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 three to five years. The useful lives of the retransmission agreements are six years and 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 $172.3 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. During the third quarter of fiscal 2015, acquisition related costs of $0.1 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 fiscal 2015, the Company finalized the determination of the fair values of the assets acquired and liabilities assumed. During fiscal 2015, the provisional amounts recorded to fixed assets were decreased $0.5 million, network affiliation agreements intangible assets were increased $1.0 million, other intangibles were decreased $0.1 million, and a corresponding decrease of $0.4 million was recorded to goodwill based on an updated valuation report and other fair value determinations. These adjustments did not have a significant impact on our Consolidated Balance Sheet as of June 30, 2014. Therefore, we have not retrospectively adjusted for these measurement period adjustments.
	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 was required to sell its interest in the KASW assets. Accordingly, this interest was shown on the Condensed Consolidated Balance Sheet as assets held for sale at June 30, 2014. As of June 30, 2014, the final valuation of the intangible assets acquired was not complete. As a result, the recorded intangible asset values were based on provisional estimates of fair value. The valuation of such assets was updated during the nine-month period ended March 31, 2015, and as a result the provisional amount recorded to assets held for sale were retrospectively increased $23.0 million, partially offset by $1.4 million of estimated costs to sell. A corresponding respective 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 preliminary valuation report. The Company is in the process of obtaining final 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. The sale of the Company's interest in the KASW assets was completed in the third quarter of fiscal 2015. The comparative information as of June 30, 2014, was retrospectively adjusted, as required by the accounting guidance for business combinations, to reflect the updated values assigned to each of the intangible assets.
	The measurement period adjustments related to fiscal 2014 acquisitions did not have a significant impact on our Condensed Consolidated Statements of Earnings for the three and nine months ended March 31, 2015. Therefore, we have not retrospectively adjusted this financial information.

Inventories

Inventories	9 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventories [Text Block]	Inventories
	Major components of inventories are summarized below. Of total net inventory values shown, 40 percent are under the last-in first-out (LIFO) method at March 31, 2015, and 49 percent at June 30, 2014.
	(In thousands)	March 31,				June 30,
		2015				2014
	Raw materials		$	19,097		$	11,993
	Work in process		12,444			13,398
	Finished goods		2,162			2,814
			33,703			28,205
	Reserve for LIFO cost valuation		(4,197		)	(4,197		)
	Inventories		$	29,506		$	24,008

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill	9 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill [Text Block]	Intangible Assets and Goodwill
	Intangible assets consist of the following:
		March 31, 2015							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	$	18,079	$	(6,054	)	$	12,025	$	8,752		$	(6,069	)	$	2,683
	Customer lists	10,220		(5,815		)	4,405		16,257			(14,852		)	1,405
	Other	18,000		(6,572		)	11,428		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(127,755		)	101,554		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(2,574		)	18,716		17,404			(188		)	17,216
	Other	1,194		(80		)	1,114		1,020			—			1,020
	Total	$	298,092	$	(148,850	)	149,242		$	288,852		$	(149,605	)	139,247
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						6,227								1,827
	Trademarks						161,589								148,889
	Local media
	FCC licenses						624,684								523,334
	Total						792,500								674,050
	Intangible assets, net						$	941,742							$	813,297
	Amortization expense was $11.8 million for the nine months ended March 31, 2015. Annual amortization expense for intangible assets is expected to be as follows: $17.0 million in fiscal 2015, $19.3 million in fiscal 2016, $16.7 million in fiscal 2017, $13.5 million in fiscal 2018, and $12.3 million in fiscal 2019.
	Changes in the carrying amount of goodwill were as follows:
	Nine months ended March 31,	2015							2014
	(In thousands)	National		Local			Total		National			Local			Total
		Media		Media					Media			Media
	Balance at beginning of period	$	789,038	$	51,823		$	840,861	$	788,854		$	—		$	788,854
	Acquisitions	179,424		17,606			197,030		(68		)	68,410			68,342
	Balance at end of period	$	968,462	$	69,429		$	1,037,891	$	788,786		$	68,410		$	857,196

Restructuring_Accrual

Restructuring Accrual	9 Months Ended
	Mar. 31, 2015
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 are being paid out over a twelve-month period. The plans affect approximately 140 employees.
	During the third quarter of fiscal 2015, management committed to several performance improvement plans related to certain acquisition integrations, business realignments, and other selected workforce reductions. In connection with these plans, the Company recorded a pre-tax restructuring charge of $9.9 million. The restructuring charge includes severance and related benefit costs of $9.4 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 manuscript and art for $0.3 million, which is recorded in the production, distribution, and editorial 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 135 employees.
	Additionally during the third quarter of fiscal 2015, the Company recorded a reversal of $0.1 million of excess restructuring reserves accrued in prior fiscal years. The reversal is recorded in the selling, general, and administrative line of the Condensed Consolidated Statements of Earnings.
	Details of changes in the Company's restructuring accrual are as follows:
	Nine months ended March 31,	2015			2014
	(In thousands)
	Balance at beginning of period	$	13,545		$	8,103
	Severance accruals	14,670			8,549
	Other accruals	285			821
	Cash payments	(9,124		)	(3,099		)
	Reversal of excess accrual	(105		)	(1,356		)
	Balance at end of period	$	19,271		$	13,018

Longterm_Debt

Long-term Debt	9 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	Long-term Debt
	Long-term debt consists of the following:
	(In thousands)	March 31,				June 30,
		2015				2014
	Variable-rate credit facilities
	Asset-backed bank facility of $100 million, due 10/23/2015		$	80,000		$	70,000
	Revolving credit facility of $200 million, due 3/27/2019		105,000			20,000
	Term loan of $250 million, due 3/27/2019		240,625			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
	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		825,625			715,000
	Current portion of long-term debt		(62,500		)	(87,500		)
	Long-term debt		$	763,125		$	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 March 31, 2015, $163.1 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 March 31, 2015, 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.
	In February 2015, we renewed our asset-backed bank facility for an additional six-month period on terms substantially similar to those previously in place. The renewed facility will expire in October 2015. We expect to renew the asset-backed bank facility on or before its expiration date under substantially similar terms.
	During fiscal 2015, the Company entered into interest rate swap agreements to hedge variable interest rate risk on the $250.0 million floating-rate senior notes and on $50.0 million of the term loan. The expiration of the swaps is as follows: $50.0 million in August 2018, $100.0 million in March 2019, and $150.0 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, 1.53 percent on the swap maturing in March 2019, 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, 0.26 percent on the swap maturing in March 2019, and 0.26 percent on the swaps maturing in August 2019 as of March 31, 2015) on the $300.0 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 March 31, 2015.
	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 March 31, 2015, the swaps had a fair value of $3.7 million 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. There was no potential loss that the Company would incur on the interest rate swaps if the counterparties were to fail to meet their obligations under the agreements at March 31, 2015. 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 March 31, 2015.

Pension_and_Postretirement_Ben

Pension and Postretirement Benefit Plans	9 Months Ended
	Mar. 31, 2015
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						Nine Months
	Periods ended March 31,	2015			2014			2015			2014
	(In thousands)
	Pension benefits
	Service cost	$	3,043		$	2,538		$	9,129		$	7,613
	Interest cost	1,395			1,398			4,187			4,193
	Expected return on plan assets	(2,759		)	(2,422		)	(8,277		)	(7,266		)
	Prior service cost amortization	56			81			168			242
	Actuarial loss amortization	169			511			507			1,533
	Net periodic benefit costs	$	1,904		$	2,106		$	5,714		$	6,315
	Postretirement benefits
	Service cost	$	29		$	35		$	87		$	135
	Interest cost	102			117			306			363
	Prior service cost amortization	(108		)	(105		)	(324		)	(335		)
	Actuarial gain amortization	(108		)	(102		)	(324		)	(263		)
	Curtailment credit	—			—			—			(1,511		)
	Net periodic benefit	$	(85	)	$	(55	)	$	(255	)	$	(1,611	)
	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	9 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings per Share [Text Block]	Earnings per Share
	The following table presents the calculations of earnings per share:
		Three Months				Nine Months
	Periods ended March 31,	2015		2014		2015		2014
	(In thousands except per share data)
	Net earnings	$	25,256	$	18,486	$	94,212	$	73,096
	Basic average shares outstanding	44,549		44,649		44,497		44,665
	Dilutive effect of stock options and equivalents	838		727		792		797
	Diluted average shares outstanding	45,387		45,376		45,289		45,462
	Earnings per share
	Basic earnings per share	$	0.57	$	0.41	$	2.12	$	1.64
	Diluted earnings per share	0.56		0.41		2.08		1.61
	For the three months ended March 31, 2015 and 2014, antidilutive options excluded from the above calculations totaled 0.6 million (with a weighted average exercise price of $50.98) and 2.0 million (with a weighted average exercise price of $50.02), respectively. For the nine months ended March 31, 2015 and 2014, antidilutive options excluded from the above calculations totaled 1.0 million (with a weighted average exercise price of $50.49) and 1.7 million (with a weighted average exercise price of $50.62), respectively.
	In the nine months ended March 31, 2015 and 2014, options were exercised to purchase 0.9 million and 1.2 million common shares, respectively.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Mar. 31, 2015
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:
		March 31, 2015						June 30, 2014
	(In thousands)	Carrying Value			Fair Value			Carrying Value		Fair Value
	Broadcast rights payable	$	12,582		$	12,230		$	8,838	$	8,408
	Long-term debt	825,625			828,106			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 liabilities measured at fair value on a recurring basis:
	(In thousands)	March 31, 2015				June 30,
						2014
	Accrued expenses and other liabilities
	Contingent consideration	$	—			$	50
	Interest rate swaps	3,415				—
	Other noncurrent liabilities
	Contingent consideration	61,635				1,650
	Interest rate swaps	288				—
	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.
	The following table represents the changes in the fair value of Level 3 contingent consideration for the nine months ended March 31, 2015.
	(in thousands)
	Balance at beginning of period	$	1,700
	Additions due to acquisitions	60,535
	Change in present value of contingent consideration (1)	(600		)
	Balance at end of period	$	61,635
	(1)   Change in present value of contingent consideration is included in earning and comprised of changes in estimated earn out payments based on projections of performance and the amortization of the present value discount.

Financial_Information_about_In

Financial Information about Industry Segments	9 Months Ended
	Mar. 31, 2015
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						Nine Months
	Periods ended March 31,	2015			2014			2015			2014
	(In thousands)
	Revenues
	National media	$	275,298		$	269,680		$	764,005		$	786,273
	Local media	122,881			97,734			404,263			291,641
	Total revenues	$	398,179		$	367,414		$	1,168,268		$	1,077,914
	Segment profit
	National media	$	23,460		$	13,614		$	78,462		$	69,760
	Local media	31,420			26,696			122,718			87,597
	Unallocated corporate	(7,774		)	(9,081		)	(32,360		)	(31,419		)
	Income from operations	47,106			31,229			168,820			125,938
	Interest expense, net	(5,179		)	(3,408		)	(14,206		)	(8,676		)
	Earnings before income taxes	$	41,927		$	27,821		$	154,614		$	117,262
	Depreciation and amortization
	National media	$	4,369		$	15,622		$	11,481		$	25,355
	Local media	9,816			7,009			28,926			19,841
	Unallocated corporate	425			402			1,280			1,222
	Total depreciation and amortization	$	14,610		$	23,033		$	41,687		$	46,418

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2015
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.
	The condensed consolidated financial statements as of March 31, 2015, and for the three and nine months ended March 31, 2015 and 2014, 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.
	Retrospective Adjustments—During fiscal 2015, we updated the purchase accounting for an acquisition that occurred in fiscal 2014. We retrospectively adjusted the provisional amounts recognized at the acquisition date to reflect fair values and, as required by the accounting guidance for business combinations, made adjustments to the June 30, 2014, Consolidated Balance Sheet. (See Note 2.)
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 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 $300.0 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 nine 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.
New Accounting Pronouncements [Policy Text Block]	Adopted Accounting Pronouncements—In July 2013, the Financial Accounting Standards Board (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.
	Recently Issued Accounting Standards—In April 2015, the FASB issued guidance on the presentation of debt issuance costs. The new standard requires that debt issuance costs are recorded as a reduction from the face amount of the related debt, with amortization recorded as interest expense, rather than recording as a deferred asset. The guidance is effective for the Company in the first quarter of fiscal 2017 with early adoption permitted. The guidance is to be retrospectively applied to all prior periods. Adoption of the new guidance is not expected to have a material impact on the condensed consolidated financial statements.

Acquisitions_Tables

Acquisitions (Tables)	9 Months Ended
	Mar. 31, 2015
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 during the nine months ended March 31, 2015:
	(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		1,437					1,070					2,507
	Property, plant, and equipment		13,695					140					13,835
	Other noncurrent assets		1,907					3,063					4,970
	Intangible assets		107,518					33,875					141,393
	Total identifiable assets acquired		130,514					42,208					172,722
	Deferred subscription revenue		—					(51,976		)			(51,976		)
	Current portion of broadcast rights		(1,582		)			—					(1,582		)
	Other current liabilities		(1,718		)			(7,702		)			(9,420		)
	Long-term liabilities		(5,242		)			(58,835		)			(64,077		)
	Total liabilities assumed		(8,542		)			(118,513		)			(127,055		)
	Net identifiable assets acquired		121,972					(76,305		)			45,667
	Goodwill		17,974					179,424					197,398
	Net assets acquired		$	139,946				$	103,119				$	243,065
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		Shape		Total
	Intangible assets
	subject to amortization
	National media
	Advertiser relationships	$	—		$	2,500		$	2,100		$	—		$	3,200	$	3,150	$	10,950
	Customer lists	—			1,500			—			—			—		2,650		4,150
	Other	—			—			—			—			700		975		1,675
	Local media
	Retransmission agreements	761			—			—			3,254			—		—		4,015
	Other	70			—			—			102			—		—		172
	Total	831			4,000			2,100			3,356			3,900		6,775		20,962
	Intangible assets not
	subject to amortization
	National media
	Trademarks	—			—			5,200			—			300		7,200		12,700
	Internet domain names	—			—			—			—			—		4,400		4,400
	Local media
	FCC licenses	33,116			—			—			70,215			—		—		103,331
	Total	33,116			—			5,200			70,215			300		11,600		120,431
	Intangible assets, net	$	33,947		$	4,000		$	7,300		$	73,571		$	4,200	$	18,375	$	141,393

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Major components of inventories are summarized below. Of total net inventory values shown, 40 percent are under the last-in first-out (LIFO) method at March 31, 2015, and 49 percent at June 30, 2014.
	(In thousands)	March 31,				June 30,
		2015				2014
	Raw materials		$	19,097		$	11,993
	Work in process		12,444			13,398
	Finished goods		2,162			2,814
			33,703			28,205
	Reserve for LIFO cost valuation		(4,197		)	(4,197		)
	Inventories		$	29,506		$	24,008

Intangible_Assets_and_Goodwill1

Intangible Assets and Goodwill (Tables)	9 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Intangible assets consist of the following:
		March 31, 2015							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	$	18,079	$	(6,054	)	$	12,025	$	8,752		$	(6,069	)	$	2,683
	Customer lists	10,220		(5,815		)	4,405		16,257			(14,852		)	1,405
	Other	18,000		(6,572		)	11,428		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(127,755		)	101,554		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(2,574		)	18,716		17,404			(188		)	17,216
	Other	1,194		(80		)	1,114		1,020			—			1,020
	Total	$	298,092	$	(148,850	)	149,242		$	288,852		$	(149,605	)	139,247
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						6,227								1,827
	Trademarks						161,589								148,889
	Local media
	FCC licenses						624,684								523,334
	Total						792,500								674,050
	Intangible assets, net						$	941,742							$	813,297
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	Intangible assets consist of the following:
		March 31, 2015							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	$	18,079	$	(6,054	)	$	12,025	$	8,752		$	(6,069	)	$	2,683
	Customer lists	10,220		(5,815		)	4,405		16,257			(14,852		)	1,405
	Other	18,000		(6,572		)	11,428		17,105			(5,608		)	11,497
	Local media
	Network affiliation agreements	229,309		(127,755		)	101,554		228,314			(122,888		)	105,426
	Retransmission agreements	21,290		(2,574		)	18,716		17,404			(188		)	17,216
	Other	1,194		(80		)	1,114		1,020			—			1,020
	Total	$	298,092	$	(148,850	)	149,242		$	288,852		$	(149,605	)	139,247
	Intangible assets not
	subject to amortization
	National media
	Internet domain names						6,227								1,827
	Trademarks						161,589								148,889
	Local media
	FCC licenses						624,684								523,334
	Total						792,500								674,050
	Intangible assets, net						$	941,742							$	813,297
Schedule of Goodwill [Table Text Block]	Changes in the carrying amount of goodwill were as follows:
	Nine months ended March 31,	2015							2014
	(In thousands)	National		Local			Total		National			Local			Total
		Media		Media					Media			Media
	Balance at beginning of period	$	789,038	$	51,823		$	840,861	$	788,854		$	—		$	788,854
	Acquisitions	179,424		17,606			197,030		(68		)	68,410			68,342
	Balance at end of period	$	968,462	$	69,429		$	1,037,891	$	788,786		$	68,410		$	857,196

Restructuring_Accrual_Tables

Restructuring Accrual (Tables)	9 Months Ended
	Mar. 31, 2015
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:
	Nine months ended March 31,	2015			2014
	(In thousands)
	Balance at beginning of period	$	13,545		$	8,103
	Severance accruals	14,670			8,549
	Other accruals	285			821
	Cash payments	(9,124		)	(3,099		)
	Reversal of excess accrual	(105		)	(1,356		)
	Balance at end of period	$	19,271		$	13,018

Longterm_Debt_Tables

Long-term Debt (Tables)	9 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	Long-term debt consists of the following:
	(In thousands)	March 31,				June 30,
		2015				2014
	Variable-rate credit facilities
	Asset-backed bank facility of $100 million, due 10/23/2015		$	80,000		$	70,000
	Revolving credit facility of $200 million, due 3/27/2019		105,000			20,000
	Term loan of $250 million, due 3/27/2019		240,625			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
	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		825,625			715,000
	Current portion of long-term debt		(62,500		)	(87,500		)
	Long-term debt		$	763,125		$	627,500

Pension_and_Postretirement_Ben1

Pension and Postretirement Benefit Plans (Tables)	9 Months Ended
	Mar. 31, 2015
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						Nine Months
	Periods ended March 31,	2015			2014			2015			2014
	(In thousands)
	Pension benefits
	Service cost	$	3,043		$	2,538		$	9,129		$	7,613
	Interest cost	1,395			1,398			4,187			4,193
	Expected return on plan assets	(2,759		)	(2,422		)	(8,277		)	(7,266		)
	Prior service cost amortization	56			81			168			242
	Actuarial loss amortization	169			511			507			1,533
	Net periodic benefit costs	$	1,904		$	2,106		$	5,714		$	6,315
	Postretirement benefits
	Service cost	$	29		$	35		$	87		$	135
	Interest cost	102			117			306			363
	Prior service cost amortization	(108		)	(105		)	(324		)	(335		)
	Actuarial gain amortization	(108		)	(102		)	(324		)	(263		)
	Curtailment credit	—			—			—			(1,511		)
	Net periodic benefit	$	(85	)	$	(55	)	$	(255	)	$	(1,611	)

Earnings_per_Share_Tables

Earnings per Share (Tables)	9 Months Ended
	Mar. 31, 2015
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				Nine Months
	Periods ended March 31,	2015		2014		2015		2014
	(In thousands except per share data)
	Net earnings	$	25,256	$	18,486	$	94,212	$	73,096
	Basic average shares outstanding	44,549		44,649		44,497		44,665
	Dilutive effect of stock options and equivalents	838		727		792		797
	Diluted average shares outstanding	45,387		45,376		45,289		45,462
	Earnings per share
	Basic earnings per share	$	0.57	$	0.41	$	2.12	$	1.64
	Diluted earnings per share	0.56		0.41		2.08		1.61

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Mar. 31, 2015
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:
		March 31, 2015						June 30, 2014
	(In thousands)	Carrying Value			Fair Value			Carrying Value		Fair Value
	Broadcast rights payable	$	12,582		$	12,230		$	8,838	$	8,408
	Long-term debt	825,625			828,106			715,000		717,032
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	The following table sets forth the liabilities measured at fair value on a recurring basis:
	(In thousands)	March 31, 2015				June 30,
						2014
	Accrued expenses and other liabilities
	Contingent consideration	$	—			$	50
	Interest rate swaps	3,415				—
	Other noncurrent liabilities
	Contingent consideration	61,635				1,650
	Interest rate swaps	288				—
Schedule of Contingent Consideration [Table Text Block]	The following table represents the changes in the fair value of Level 3 contingent consideration for the nine months ended March 31, 2015.
	(in thousands)
	Balance at beginning of period	$	1,700
	Additions due to acquisitions	60,535
	Change in present value of contingent consideration (1)	(600		)
	Balance at end of period	$	61,635
	(1)   Change in present value of contingent consideration is included in earning and comprised of changes in estimated earn out payments based on projections of performance and the amortization of the present value discount.

Financial_Information_about_In1

Financial Information about Industry Segments (Tables)	9 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following table presents financial information by segment:
		Three Months						Nine Months
	Periods ended March 31,	2015			2014			2015			2014
	(In thousands)
	Revenues
	National media	$	275,298		$	269,680		$	764,005		$	786,273
	Local media	122,881			97,734			404,263			291,641
	Total revenues	$	398,179		$	367,414		$	1,168,268		$	1,077,914
	Segment profit
	National media	$	23,460		$	13,614		$	78,462		$	69,760
	Local media	31,420			26,696			122,718			87,597
	Unallocated corporate	(7,774		)	(9,081		)	(32,360		)	(31,419		)
	Income from operations	47,106			31,229			168,820			125,938
	Interest expense, net	(5,179		)	(3,408		)	(14,206		)	(8,676		)
	Earnings before income taxes	$	41,927		$	27,821		$	154,614		$	117,262
	Depreciation and amortization
	National media	$	4,369		$	15,622		$	11,481		$	25,355
	Local media	9,816			7,009			28,926			19,841
	Unallocated corporate	425			402			1,280			1,222
	Total depreciation and amortization	$	14,610		$	23,033		$	41,687		$	46,418

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Derivative (Details) (Cash Flow Hedging [Member], Interest Rate Swap [Member], USD $)	Mar. 31, 2015
In Millions, unless otherwise specified
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$300

Acquisitions_Narrative_Details

Acquisitions - Narrative (Details) (USD $)	9 Months Ended		3 Months Ended		0 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014	Oct. 31, 2014	Nov. 01, 2014	Nov. 13, 2014	Dec. 19, 2014	Dec. 30, 2014	Feb. 01, 2015
Business Acquisition [Line Items]
Cash purchase price	$254,965,000	$188,654,000
Goodwill, amount deductible for tax purposes	172,300,000		172,300,000
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			100,000	1,300,000
Advertiser Relationships [Member] | Minimum [Member] | National Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	3 years
Advertiser Relationships [Member] | Maximum [Member] | National Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	5 years
Customer Lists [Member] | National Media [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] | Local Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	3 years
Other Intangible Assets [Member] | Minimum [Member] | National Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	3 years
Other Intangible Assets [Member] | Maximum [Member] | National Media [Member]
Business Acquisition [Line Items]
Intangible assets, useful life	5 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%
Increase (decrease) in consideration transferred			100,000
Increase (decrease) in goodwill based on updated valuation report and other fair value determinations			2,000,000
Mywedding [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations			-1,300,000
Mywedding [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations			-600,000
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
Shape [Member]
Business Acquisition [Line Items]
Acquisition-date fair value of the consideration										87,400,000
Cash purchase price										60,000,000
Contingent consideration										27,400,000
Contingent consideration, low end of range	26,000,000		26,000,000
Contingent consideration, high end of range	36,800,000		36,800,000
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 and other fair value determinations	-400,000
KMOV [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations	-100,000
KMOV [Member] | Network Affiliation Agreements [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations	1,000,000
KMOV [Member] | Property, Plant and Equipment [Member]
Business Acquisition [Line Items]
Increase (decrease) in fixed assets based on updated valuation report and other fair value determinations	-500,000
KTVK [Member] | KASW [Member]
Business Acquisition [Line Items]
Increase (decrease) in goodwill based on updated valuation report and other fair value determinations	-800,000
KTVK [Member] | KASW [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations	-23,900,000
KTVK [Member] | Retransmission Agreements [Member] | KASW [Member]
Business Acquisition [Line Items]
Increase (decrease) in intangible assets based on updated valuation report and other fair value determinations	$1,700,000

Acquisitions_Assets_Acquired_a

Acquisitions - Assets Acquired and Liabilities Assumed by Segment (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2013
In Thousands, unless otherwise specified
Business Acquisition [Line Items]
Goodwill	$1,037,891	$840,861	$857,196	$788,854
Local Media [Member]
Business Acquisition [Line Items]
Goodwill	69,429	51,823	68,410	0
National Media [Member]
Business Acquisition [Line Items]
Goodwill	968,462	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	2,507
Property, plant, and equipment	13,835
Other noncurrent assets	4,970
Intangible assets	141,393
Total identifiable assets acquired	172,722
Deferred subscription revenue	-51,976
Current portion of broadcast rights	-1,582
Other current liabilities	-9,420
Long-term liabilities	-64,077
Total liabilities assumed	-127,055
Net identifiable assets acquired	45,667
Goodwill	197,398
Net assets acquired	243,065
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	1,437
Property, plant, and equipment	13,695
Other noncurrent assets	1,907
Intangible assets	107,518
Total identifiable assets acquired	130,514
Deferred subscription revenue	0
Current portion of broadcast rights	-1,582
Other current liabilities	-1,718
Long-term liabilities	-5,242
Total liabilities assumed	-8,542
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	33,875
Total identifiable assets acquired	42,208
Deferred subscription revenue	-51,976
Current portion of broadcast rights	0
Other current liabilities	-7,702
Long-term liabilities	-58,835
Total liabilities assumed	-118,513
Net identifiable assets acquired	-76,305
Goodwill	179,424
Net assets acquired	$103,119

Acquisitions_Acquired_Intangib

Acquisitions - Acquired Intangible Assets by Acquisition (Details) (USD $)	9 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Oct. 31, 2014	Nov. 01, 2014	Nov. 13, 2014	Dec. 19, 2014	Dec. 30, 2014	Feb. 01, 2015
Business Acquisition [Line Items]
Intangible assets subject to amortization	$20,962
Intangible assets not subject to amortization	120,431
Intangible assets, net	141,393
National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization	12,700
National Media [Member] | Internet Domain Names [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization	4,400
National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	10,950
National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	4,150
National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization	1,675
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				2,100
Intangible assets not subject to amortization				5,200
Intangible assets, net				7,300
Mywedding [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization				5,200
Mywedding [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization				2,100
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
Shape [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							6,775
Intangible assets not subject to amortization							11,600
Intangible assets, net							18,375
Shape [Member] | National Media [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization							7,200
Shape [Member] | National Media [Member] | Internet Domain Names [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization							4,400
Shape [Member] | National Media [Member] | Advertiser Relationships [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							3,150
Shape [Member] | National Media [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							2,650
Shape [Member] | National Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							975
Shape [Member] | Local Media [Member] | FCC Licenses [Member]
Business Acquisition [Line Items]
Intangible assets not subject to amortization							0
Shape [Member] | Local Media [Member] | Retransmission Agreements [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							0
Shape [Member] | Local Media [Member] | Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets subject to amortization							$0

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Percentage of LIFO Inventory	40.00%	49.00%
Raw materials	$19,097	$11,993
Work in process	12,444	13,398
Finished goods	2,162	2,814
Subtotal	33,703	28,205
Reserve for LIFO cost valuation	-4,197	-4,197
Inventories	$29,506	$24,008

Intangible_Assets_and_Goodwill2

Intangible Assets and Goodwill - Intangible Assets (Details) (USD $)	9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jun. 30, 2014
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets subject to amortization, gross amount	$298,092,000		$288,852,000
Intangible assets subject to amortization, accumulated amortization	-148,850,000		-149,605,000
Intangible assets subject to amortization, net amount	149,242,000		139,247,000
Intangible assets not subject to amortization	792,500,000		674,050,000
Intangible assets, net	941,742,000		813,297,000
Amortization expense	11,835,000	9,894,000
Future amortization expense for intangible assets [Abstract]
Future amortization expense, fiscal 2015	17,000,000
Future amortization expense, fiscal 2016	19,300,000
Future amortization expense, fiscal 2017	16,700,000
Future amortization expense, fiscal 2018	13,500,000
Future amortization expense, fiscal 2019	12,300,000
National Media [Member] | Internet Domain Names [Member]
Finite And Indefinite Lived Intangible Assets By Major Class [Line Items]
Intangible assets not subject to amortization	6,227,000		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	161,589,000		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	18,079,000		8,752,000
Intangible assets subject to amortization, accumulated amortization	-6,054,000		-6,069,000
Intangible assets subject to amortization, net amount	12,025,000		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	10,220,000		16,257,000
Intangible assets subject to amortization, accumulated amortization	-5,815,000		-14,852,000
Intangible assets subject to amortization, net amount	4,405,000		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	18,000,000		17,105,000
Intangible assets subject to amortization, accumulated amortization	-6,572,000		-5,608,000
Intangible assets subject to amortization, net amount	11,428,000		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		523,334,000
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	-127,755,000		-122,888,000
Intangible assets subject to amortization, net amount	101,554,000		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		17,404,000
Intangible assets subject to amortization, accumulated amortization	-2,574,000		-188,000
Intangible assets subject to amortization, net amount	18,716,000		17,216,000
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	-80,000		0
Intangible assets subject to amortization, net amount	$1,114,000		$1,020,000

Intangible_Assets_and_Goodwill3

Intangible Assets and Goodwill - Goodwill (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Goodwill [Roll Forward]
Balance at beginning of period	$840,861	$788,854
Acquisitions	197,030	68,342
Balance at end of period	1,037,891	857,196
National Media [Member]
Goodwill [Roll Forward]
Balance at beginning of period	789,038	788,854
Acquisitions	179,424	-68
Balance at end of period	968,462	788,786
Local Media [Member]
Goodwill [Roll Forward]
Balance at beginning of period	51,823	0
Acquisitions	17,606	68,410
Balance at end of period	$69,429	$68,410

Restructuring_Accrual_Narrativ

Restructuring Accrual - Narrative (Details) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
	employees	employees
Restructuring Cost and Reserve [Line Items]
Restructuring charge	$9,900,000	$6,700,000
Write-down of impaired assets			3,142,000	11,447,000
Severance costs, expected period of payment	12 months	12 months
Expected number of employees affected	135	140
Selling, general and administrative [Member]
Restructuring Cost and Reserve [Line Items]
Severance and related benefit costs	9,400,000	5,300,000
Other write-downs and accruals	200,000	200,000
Reversal of excess accrual			-105,000	-1,356,000
Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Write-down of impaired assets		1,200,000
Production, distribution, and editorial [Member]
Restructuring Cost and Reserve [Line Items]
Write-down of impaired assets	$300,000

Restructuring_Accrual_Changes_

Restructuring Accrual - Changes in Restructuring Accrual (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Changes in restructuring accrual [Roll Forward]
Balance at beginning of period			$13,545	$8,103
Accruals	9,900	6,700
Cash payments			-9,124	-3,099
Balance at end of period	19,271		19,271	13,018
Selling, general and administrative [Member]
Changes in restructuring accrual [Roll Forward]
Reversal of excess accrual			-105	-1,356
Selling, general and administrative [Member] | Employee Severance [Member]
Changes in restructuring accrual [Roll Forward]
Accruals			14,670	8,549
Selling, general and administrative [Member] | Other Restructuring [Member]
Changes in restructuring accrual [Roll Forward]
Accruals			$285	$821

Longterm_Debt_Details

Long-term Debt (Details) (USD $)	9 Months Ended
	Mar. 31, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Total long-term debt	$825,625,000	$715,000,000
Current portion of long-term debt	-62,500,000	-87,500,000
Long-term debt	763,125,000	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	163,100,000
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	105,000,000	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	240,625,000	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	0	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

Longterm_Debt_Derivative_Detai

Long-term Debt - Derivative (Details) (Cash Flow Hedging [Member], USD $)	9 Months Ended
	Mar. 31, 2015
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$300,000,000
Derivative, Notional Amount	300,000,000
Fair value of interest rate swaps	3,700,000
Maximum loss on counterparties failure to meet obligations	0
Interest Rate Swap Expiring August 2018 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	50,000,000
Derivative, Fixed Interest Rate	1.36%
Derivative, Variable Interest Rate	0.17%
Interest Rate Swap Expiring March 2019 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	100,000,000
Derivative, Fixed Interest Rate	1.53%
Derivative, Variable Interest Rate	0.26%
Interest Rate Swap Expiring August 2019 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	150,000,000
Derivative, Fixed Interest Rate	1.76%
Derivative, Variable Interest Rate	0.26%
Senior Notes Due 2024 [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, amount of hedged items	250,000,000
Term Loan Facility [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$50,000,000

Pension_and_Postretirement_Ben2

Pension and Postretirement Benefit Plans (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Pension Plans [Member]
Components of Net Periodic Benefit Costs [Abstract]
Service cost	$3,043	$2,538	$9,129	$7,613
Interest cost	1,395	1,398	4,187	4,193
Expected return on plan assets	-2,759	-2,422	-8,277	-7,266
Prior service cost amortization	56	81	168	242
Actuarial loss (gain) amortization	169	511	507	1,533
Net periodic benefit	1,904	2,106	5,714	6,315
Postretirement Benefit Plans [Member]
Components of Net Periodic Benefit Costs [Abstract]
Service cost	29	35	87	135
Interest cost	102	117	306	363
Prior service cost amortization	-108	-105	-324	-335
Actuarial loss (gain) amortization	-108	-102	-324	-263
Curtailment credit	0	0	0	-1,511
Net periodic benefit	($85)	($55)	($255)	($1,611)

Earnings_per_Share_Details

Earnings per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Net earnings	$25,256	$18,486	$94,212	$73,096
Basic average shares outstanding (in shares)	44,549,000	44,649,000	44,497,000	44,665,000
Dilutive effect of stock options and equivalents (in shares)	838,000	727,000	792,000	797,000
Diluted average shares outstanding (in shares)	45,387,000	45,376,000	45,289,000	45,462,000
Earnings per share
Basic earnings per share (in usd per share)	$0.57	$0.41	$2.12	$1.64
Diluted earnings per share (in usd per share)	$0.56	$0.41	$2.08	$1.61
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options exercised to purchase common shares			900,000	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	600,000	2,000,000	1,000,000	1,700,000
Antidilutive options excluded from calculation of earnings per share, weighted average exercise price	$50.98	$50.02	$50.49	$50.62

Fair_Value_Measurements_Carryi

Fair Value Measurements - Carrying Value and Estimated Fair Value of Financial Instruments (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	$12,582	$8,838
Long-term debt	825,625	715,000
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	12,230	8,408
Long-term debt	$828,106	$717,032

Fair_Value_Measurements_Recurr

Fair Value Measurements - Recurring Basis (Details) (Measured at fair value on recurring basis [Member], USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Accrued expenses and other liabilities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	$3,415	$0
Accrued expenses and other liabilities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	50
Other noncurrent liabilities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	288	0
Other noncurrent liabilities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$61,635	$1,650

Fair_Value_Measurements_Change

Fair Value Measurements - Changes in Fair Value of Level 3 Contingent Consideration (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Contingent consideration [Roll Forward]
Balance at beginning of period	$1,700
Additions due to acquisitions	60,535
Changes in present value of contingent consideration	-600
Balance at end of period	$61,635

Financial_Information_about_In2

Financial Information about Industry Segments (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
			segment
			measures
Segment Reporting Information [Line Items]
Number of reportable segments			2
Number of principal financial measures			2
Total revenues	$398,179	$367,414	$1,168,268	$1,077,914
Income from operations	47,106	31,229	168,820	125,938
Interest expense, net	-5,179	-3,408	-14,206	-8,676
Earnings before income taxes	41,927	27,821	154,614	117,262
Total depreciation and amortization	14,610	23,033	41,687	46,418
National Media [Member]
Segment Reporting Information [Line Items]
Total revenues	275,298	269,680	764,005	786,273
Income from operations	23,460	13,614	78,462	69,760
Total depreciation and amortization	4,369	15,622	11,481	25,355
Local Media [Member]
Segment Reporting Information [Line Items]
Total revenues	122,881	97,734	404,263	291,641
Income from operations	31,420	26,696	122,718	87,597
Total depreciation and amortization	9,816	7,009	28,926	19,841
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Income from operations	-7,774	-9,081	-32,360	-31,419
Total depreciation and amortization	$425	$402	$1,280	$1,222