Hawkeye Acquisition (MDP) 10-K 26 Aug 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information Document - USD ($)	12 Months Ended
	Jun. 30, 2015	Jul. 31, 2015	Dec. 31, 2014
Document Information [Line Items]
Entity Registrant Name	MEREDITH CORP
Entity Central Index Key	65,011
Document Type	10-K
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Public Float			$ 1,954,000,000
Common stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		37,660,699
Class B stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		6,963,229
Common stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		44,623,928

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Current assets
Cash and cash equivalents	$ 22,833	$ 36,587
Accounts receivable (net of allowances of $8,495 in 2015 and $7,813 in 2014)	284,646	257,644
Inventories	24,681	24,008
Current portion of subscription acquisition costs	122,350	96,893
Current portion of broadcast rights	4,516	4,551
Assets held for sale	0	56,010
Other current assets	23,505	17,429
Total current assets	482,531	493,122
Property, plant, and equipment
Land	24,858	23,363
Buildings and improvements	151,320	143,169
Machinery and equipment	324,185	314,839
Leasehold improvements	14,284	14,125
Construction in progress	12,975	5,610
Total property, plant, and equipment	527,622	501,106
Less accumulated depreciation	(313,886)	(296,168)
Net property, plant, and equipment	213,736	204,938
Subscription acquisition costs	103,842	101,533
Broadcast rights	1,795	3,114
Other assets	67,750	86,935
Intangible assets, net	972,382	813,297
Goodwill	1,001,246	840,861
Total assets	2,843,282	2,543,800
Current liabilities
Current portion of long-term debt	62,500	87,500
Current portion of long-term broadcast rights payable	4,776	4,511
Accounts payable	93,944	81,402
Accrued expenses
Compensation and benefits	71,233	57,637
Distribution expenses	13,056	8,504
Other taxes and expenses	79,366	69,906
Total accrued expenses	163,655	136,047
Current portion of unearned subscription revenues	206,126	173,643
Total current liabilities	531,001	483,103
Long-term debt	732,500	627,500
Long-term broadcast rights payable	2,998	4,327
Unearned subscription revenues	151,221	151,533
Deferred income taxes	311,645	277,477
Other noncurrent liabilities	162,067	108,208
Total liabilities	1,891,432	1,652,148
Shareholders' equity
Additional paid-in capital	49,019	41,884
Retained earnings	870,859	814,050
Accumulated other comprehensive loss	(12,648)	(8,758)
Total shareholders' equity	951,850	891,652
Total liabilities and shareholders' equity	2,843,282	2,543,800
Series preferred stock [Member]
Shareholders' equity
Series preferred stock, par value $1 per share, Authorized 5,000 shares; none issued	0	0
Common stock par value $1 per share [Member]
Shareholders' equity
Common stock, par value $1 per share	37,657	36,776
Class B stock $1 par value [Member]
Shareholders' equity
Common stock, par value $1 per share	$ 6,963	$ 7,700

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Current assets
Accounts receivable allowances	$ 8,495	$ 7,813
Shareholders' equity
Preferred stock, par value per share	$ 1	$ 1
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock [Member]
Shareholders' equity
Common stock, par value per share	$ 1	$ 1
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	37,657,000	36,776,000
Common stock, shares outstanding	37,657,000	36,776,000
Common stock, treasury	24,451,000	24,395,000
Class B stock $1 par value [Member]
Shareholders' equity
Common stock, par value per share	$ 1	$ 1
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	6,963,000	7,700,000
Common stock, shares outstanding	6,963,000	7,700,000

Consolidated Statements of Earn

Consolidated Statements of Earnings Statement - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Revenues
Advertising	$ 896,548	$ 778,391	$ 823,690
Circulation	313,685	327,214	322,223
All other	383,943	363,103	325,427
Total revenues	1,594,176	1,468,708	1,471,340
Operating expenses
Production, distribution, and editorial costs	598,941	567,024	561,058
Selling, general, and administrative	695,319	655,241	654,098
Depreciation and amortization	57,804	59,928	45,350
Total operating expenses	1,352,064	1,282,193	1,260,506
Income from operations	242,112	186,515	210,834
Interest expense, net	(19,352)	(12,176)	(13,430)
Earnings before income taxes	222,760	174,339	197,404
Income taxes	(85,969)	(60,798)	(73,754)
Net earnings	$ 136,791	$ 113,541	$ 123,650
Basic earnings per share
Basic earnings per share	$ 3.07	$ 2.54	$ 2.78
Basic average shares outstanding	44,522	44,636	44,455
Diluted earnings per share
Diluted earnings per share	$ 3.02	$ 2.50	$ 2.74
Diluted average shares outstanding	45,323	45,410	45,085
Dividends paid per share	$ 1.78	$ 1.68	$ 1.58

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income Statement - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$ 136,791	$ 113,541	$ 123,650
Other comprehensive income (loss), net of income taxes
Pension and other postretirement benefit plans activity	(2,591)	7,583	6,774
Unrealized loss on interest rate swaps	(1,299)	0	0
Other comprehensive income (loss), net of income taxes	(3,890)	7,583	6,774
Comprehensive income	$ 132,901	$ 121,124	$ 130,424

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Class B stock $1 par value [Member]	Common stock par value $1 per share [Member]	Common stock par value $1 per share [Member]Class B stock $1 par value [Member]	Common stock par value $1 per share [Member]Common stock par value $1 per share [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Retained Earnings [Member]Class B stock $1 par value [Member]	Retained Earnings [Member]Common stock par value $1 per share [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Jun. 30, 2012	$ 797,445			$ 8,716	$ 35,791	$ 53,275	$ 722,778			$ (23,115)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	123,650						123,650
Other comprehensive income (loss), net of tax	6,774									6,774
Stock issued under various incentive plans, net of forfeitures	39,519				1,537	37,982
Purchases of Company stock	(54,734)			(7)	(1,471)	(53,256)	0
Share-based compensation	11,518					11,518
Conversion of Class B to common stock	0			(385)	385
Dividends paid		$ (13,331)	$ (57,196)					$ (13,331)	$ (57,196)
Tax benefit (deficiency) from incentive plans	651					651
Balance at Jun. 30, 2013	854,296			8,324	36,242	50,170	775,901			(16,341)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	113,541						113,541
Other comprehensive income (loss), net of tax	7,583									7,583
Stock issued under various incentive plans, net of forfeitures	58,885				1,550	57,335
Purchases of Company stock	(78,226)			(1)	(1,639)	(76,586)	0
Share-based compensation	12,224					12,224
Conversion of Class B to common stock	0			(623)	623
Dividends paid		(13,443)	(61,949)					(13,443)	(61,949)
Tax benefit (deficiency) from incentive plans	(1,259)					(1,259)
Balance at Jun. 30, 2014	891,652			7,700	36,776	41,884	814,050			(8,758)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	136,791						136,791
Other comprehensive income (loss), net of tax	(3,890)									(3,890)
Stock issued under various incentive plans, net of forfeitures	41,251				1,069	40,182
Purchases of Company stock	(46,764)			(1)	(924)	(45,839)	0
Share-based compensation	12,515					12,515
Conversion of Class B to common stock	0			(736)	736
Dividends paid		$ (12,706)	$ (67,276)					$ (12,706)	$ (67,276)
Tax benefit (deficiency) from incentive plans	277					277
Balance at Jun. 30, 2015	$ 951,850			$ 6,963	$ 37,657	$ 49,019	$ 870,859			$ (12,648)

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement of Stockholders' Equity [Abstract]
Dividends paid per share	$ 0.4575	$ 0.4575	$ 0.4325	$ 0.4325	$ 0.4325	$ 0.4325	$ 0.4075	$ 0.4075	$ 1.78	$ 1.68	$ 1.58

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities
Net earnings	$ 136,791	$ 113,541	$ 123,650
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation	38,918	35,627	33,607
Amortization	17,628	13,099	11,743
Share-based compensation	12,515	12,224	11,518
Deferred income taxes	47,220	25,178	44,848
Amortization of broadcast rights	16,576	8,785	9,660
Payments for broadcast rights	(16,364)	(10,332)	(13,036)
Provision for write-down of impaired assets	3,142	11,447	0
Fair value adjustment to contingent consideration	(1,500)	(5,700)	(2,500)
Excess tax benefits from share-based payments	(6,471)	(4,855)	(5,438)
Changes in assets and liabilities, net of acquisitions/dispositions
Accounts receivable	(18,991)	(2,430)	(16,575)
Inventories	(1,013)	4,133	(5,814)
Other current assets	(6,501)	2,100	(1,899)
Subscription acquisition costs	(27,766)	(1,011)	(46,601)
Other assets	(391)	5,620	7,052
Accounts payable	10,040	1,598	10,657
Accrued expenses and other liabilities	13,866	4,208	15,229
Unearned subscription revenues	(19,093)	(30,013)	13,806
Other noncurrent liabilities	(6,259)	(5,129)	(820)
Net cash provided by operating activities	192,347	178,090	189,087
Cash flows from investing activities
Acquisitions of and investments in businesses	(257,030)	(417,461)	(50,190)
Additions to property, plant, and equipment	(33,245)	(24,822)	(25,969)
Proceeds from disposition of assets	83,434	0	0
Net cash used in investing activities	(206,841)	(442,283)	(76,159)
Cash flows from financing activities
Proceeds from issuance of long-term debt	470,000	666,000	175,000
Repayments of long-term debt	(390,000)	(301,000)	(205,000)
Dividends paid	(79,982)	(75,392)	(70,527)
Purchases of Company stock	(46,764)	(78,226)	(54,734)
Proceeds from common stock issued	41,251	58,885	39,519
Excess tax benefits from share-based payments	6,471	4,855	5,438
Other	(236)	(2,016)	(770)
Net cash provided by (used in) financing activities	740	273,106	(111,074)
Net increase (decrease) in cash and cash equivalents	(13,754)	8,913	1,854
Cash and cash equivalents at beginning of year	36,587	27,674	25,820
Cash and cash equivalents at end of year	22,833	36,587	27,674
Cash paid
Interest	19,111	11,271	12,758
Income taxes	40,419	34,957	22,871
Non-cash transactions
Broadcast rights financed by contracts payable	$ 15,300	$ 9,985	$ 11,774

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Operations— Meredith Corporation (Meredith or the Company) is a diversified media company focused primarily on the home and family marketplace. The Company has two segments: local media and national media. The Company's local media segment includes 16 owned television stations and one managed television station and related digital and mobile media operations. The national media segment includes magazine publishing, custom content and customer relationship marketing, digital and mobile media, brand licensing, database-related activities, and other related operations. Meredith's operations are primarily diversified geographically within the United States (U.S.) and the Company has a broad customer base. Principles of Consolidation— The consolidated financial statements include the accounts of Meredith Corporation and its wholly owned subsidiaries. Significant intercompany balances and transactions are eliminated. Meredith does not have any off-balance sheet financing activities. The Company's use of special-purpose entities is limited to Meredith Funding Corporation, whose activities are fully consolidated in Meredith's consolidated financial statements (See Note 6). 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.) Use of Estimates— The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. The Company bases its estimates on historical experience, management expectations for future performance, and other assumptions as appropriate. Key areas affected by estimates include the assessment of the recoverability of long-lived assets, including goodwill and other intangible assets, which is based on such factors as estimated future cash flows; the determination of the net realizable value of broadcast rights, which is based on estimated future revenues; provisions for returns of magazines sold, which are based on historical experience and current marketplace conditions; pension and postretirement benefit expenses, which are actuarially determined and include assumptions regarding discount rates, expected returns on plan assets, and rates of increase in compensation and healthcare costs; and share-based compensation expense, which is based on numerous assumptions including future stock price volatility and employees' expected exercise and post-vesting employment termination behavior. While the Company re-evaluates its estimates on an ongoing basis, actual results may vary from those estimates. Cash and Cash Equivalents —Cash and short-term investments with original maturities of three months or less are considered to be cash and cash equivalents. Cash and cash equivalents are stated at cost, which approximates fair value. Accounts Receivable —The Company's accounts receivable are primarily due from advertisers. Credit is extended to clients based on an evaluation of each client's creditworthiness and financial condition; collateral is not required. The Company maintains allowances for uncollectible accounts, rebates, rate adjustments, returns, and discounts. The allowance for uncollectible accounts is based on the aging of such receivables and any known specific collectability exposures. Accounts are written off when deemed uncollectible. Allowances for rebates, rate adjustments, returns, and discounts are generally based on historical experience and current market conditions. Concentration of credit risk with respect to accounts receivable is generally limited due to the large number of geographically diverse clients and individually small balances. Inventories —Inventories are stated at the lower of cost or market. Cost is determined on the last-in first-out (LIFO) basis for paper and on the first-in first-out or average basis for all other inventories. Subscription Acquisition Costs —Subscription acquisition costs primarily represent magazine agency commissions. These costs are deferred and amortized over the related subscription term, typically one to two years . In addition, direct-response advertising costs that are intended to solicit subscriptions and are expected to result in probable future benefits are capitalized. These costs are amortized over the period during which future benefits are expected to be received. The asset balance of the capitalized direct-response advertising costs is reviewed quarterly to ensure the amount is realizable. Any write-downs resulting from this review are expensed as subscription acquisition advertising costs in the current period. Capitalized direct-response advertising costs were $5.9 million at June 30, 2015 and $6.5 million at June 30, 2014 . There were no material write-downs of capitalized direct-response advertising costs in any of the fiscal years in the three-year period ended June 30, 2015 . Property, Plant, and Equipment —Property, plant, and equipment are stated at cost. Costs of replacements and major improvements are capitalized, and maintenance and repairs are charged to operations as incurred. Depreciation expense is provided primarily by the straight-line method over the estimated useful lives of the assets: 5 - 45 years for buildings and improvements and 3 - 20 years for machinery and equipment. The costs of leasehold improvements are amortized over the lesser of the useful lives or the terms of the respective leases. Depreciation and amortization of property, plant, and equipment was $38.9 million in fiscal 2015 , $35.6 million in fiscal 2014 , and $33.6 million in fiscal 2013 . Broadcast Rights —Broadcast rights consist principally of rights to broadcast syndicated programs, sports, and feature films. The total cost of these rights is recorded as an asset and as a liability when programs become available for broadcast. The current portion of broadcast rights represents those rights available for broadcast that are expected to be amortized in the succeeding year. These rights are valued at the lower of unamortized cost or estimated net realizable value, and are generally charged to operations on an accelerated basis over the contract period. Impairments of unamortized costs to net realizable value are included in production, distribution, and editorial expenses in the accompanying Consolidated Statements of Earnings. There were no impairments to unamortized costs in fiscals 2015 , 2014 , or 2013 . Future write-offs can vary based on changes in consumer viewing trends and the availability and costs of other programming. Intangible Assets and Goodwill —Amortizable intangible assets consist primarily of network affiliation agreements, advertiser relationships, and customer lists. Intangible assets with finite lives are amortized over their estimated useful lives. The useful life of an intangible asset is the period over which the asset is expected to contribute directly or indirectly to future cash flows. Network affiliation agreements are amortized over the period of time the agreements are expected to remain in place, assuming renewals without material modifications to the original terms and conditions (generally 25 to 40 years from the original acquisition date). Other intangible assets are amortized over their estimated useful lives, ranging from 1 to 10 years . Intangible assets with indefinite lives include Federal Communications Commission (FCC) broadcast licenses. These licenses are granted for a term of up to eight years , but are renewable if the Company provides at least an average level of service to its customers and complies with the applicable FCC rules and policies and the Communications Act of 1934. The Company has been successful in every one of its past license renewal requests and has incurred only minimal costs in the process. The Company expects the television broadcasting business to continue indefinitely; therefore, the cash flows from the broadcast licenses are also expected to continue indefinitely. Goodwill and certain other intangible assets (FCC broadcast licenses and trademarks), which have indefinite lives, are not amortized but tested for impairment annually or when events occur or circumstances change that would indicate the carrying value exceeds the fair value. The review of goodwill is performed at the reporting unit level. The Company has three reporting units, local media, magazine brands, and Meredith Xcelerated Marketing (MXM). We also assess, at least annually, whether assets classified as indefinite-lived intangible assets continue to have indefinite lives. At May 31, 2015, the date the Company last performed our annual evaluation of impairment of goodwill, management elected to perform the two-step goodwill impairment test for all reporting units. The first step of this test is to compare the fair value of a reporting unit to its carrying value. In reviewing other indefinite-lived intangible assets for impairment, the Company compares the fair value of the asset to the asset’s carrying value. Fair value is determined using a discounted cash flow model, which requires us to estimate the future cash flows expected to be generated by the reporting unit or to result from the use of the asset. These estimates include assumptions about future revenues (including projections of overall market growth and our share of market), estimated costs, and appropriate discount rates where applicable. Our assumptions are based on historical data, various internal estimates, and a variety of external sources and are consistent with the assumptions used in both our short-term financial forecasts and long-term strategic plans. Depending on the assumptions and estimates used, future cash flow projections can vary within a range of outcomes. Changes in key assumptions about the local media, magazine brands, and MXM and their prospects or changes in market conditions could result in an impairment charge. Additional information regarding intangible assets and goodwill is provided in Note 4. Impairment of Long-lived Assets —Long-lived assets (primarily property, plant, and equipment and amortizable intangible assets) are reviewed for impairment whenever events and circumstances indicate the carrying value of an asset may not be recoverable. Recoverability is measured by comparison of the forecasted undiscounted cash flows of the operation to which the assets relate to the carrying amount of the assets. Tests for impairment or recoverability require significant management judgment, and future events affecting cash flows and market conditions could result in impairment losses. 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 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 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. Revenue Recognition —The Company's primary source of revenue is advertising. Other sources include circulation and other revenues. Advertising revenues— Advertising revenues are recognized when advertisements are published (defined as an issue's on-sale date) or aired by the broadcasting station, net of agency commissions and net of provisions for estimated rebates, rate adjustments, and discounts. Barter revenues are included in advertising revenue and are also recognized when the commercials are broadcast. Barter advertising revenues and the offsetting expense are recognized at the fair value of the advertising surrendered, as determined by similar cash transactions. Barter advertising revenues were not material in any period. Website advertising revenues are recognized ratably over the contract period or as services are delivered. Circulation revenues— Circulation revenues include magazine single copy and subscription revenue. Single copy revenue is recognized upon publication, net of provisions for estimated returns. The Company bases its estimates for returns on historical experience and current marketplace conditions. Revenues from magazine subscriptions are deferred and recognized proportionately as products are distributed to subscribers. Other revenues— Revenues from customer relationship marketing and other custom programs are recognized when the products or services are delivered. In addition, the Company participates in certain arrangements containing multiple deliverables. The guidance for accounting for multiple-deliverable arrangements requires that overall arrangement consideration be allocated to each deliverable (unit of accounting) in the revenue arrangement based on the relative selling price as determined by vendor specific objective evidence, third-party evidence, or estimated selling price. The related revenue is recognized when each specific deliverable of the arrangement is delivered. Brand licensing-based revenues are accrued generally monthly or quarterly based on the specific mechanisms of each contract. Payments are generally made by the Company's partners on a quarterly basis. Generally, revenues are accrued based on estimated sales and adjusted as actual sales are reported by partners. These adjustments are typically recorded within three months of the initial estimates and have not been material. Any minimum guarantees are typically earned evenly over the fiscal year. Retransmission revenues are recognized over the contract period based on the negotiated fee. In certain instances, revenues are recorded gross in accordance with GAAP although the Company receives cash for a lesser amount due to the netting of certain expenses. Amounts received from customers in advance of revenue recognition are deferred as liabilities and recognized as revenue in the period earned. Contingent Consideration —The Company estimates and records the acquisition date estimated fair value of contingent consideration as part of purchase price consideration for acquisitions. Additionally, each reporting period, the Company estimates changes in the fair value of contingent consideration, and any change in fair value is recognized in the Consolidated Statement of Earnings. An increase in the earn-out expected to be paid will result in a charge to operations in the quarter that the anticipated fair value of contingent consideration increases, while a decrease in the earn-out expected to be paid will result in a credit to operations in the quarter that the anticipated fair value of contingent consideration decreases. The estimate of the fair value of contingent consideration requires subjective assumptions to be made of future operating results, discount rates, and probabilities assigned to various potential operating result scenarios. Future revisions to these assumptions could materially change the estimate of the fair value of contingent consideration and, therefore, materially affect the Company’s future financial results. Advertising Expenses —The majority of the Company's advertising expenses relate to direct-mail costs for magazine subscription acquisition efforts. Advertising costs that are not capitalized are expensed the first time the advertising takes place. Total advertising expenses included in the Consolidated Statements of Earnings were $75.8 million in fiscal 2015 , $79.5 million in fiscal 2014 , and $90.2 million in fiscal 2013 . Share-based Compensation —The Company establishes fair value for its equity awards to determine their cost and recognizes the related expense over the appropriate vesting period. The Company recognizes expense for stock options, restricted stock, restricted stock units, and shares issued under the Company's employee stock purchase plan. See Note 11 for additional information related to share-based compensation expense. Income Taxes —The income tax provision is calculated under the liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period when such a change is enacted. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50 percent likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. Self-Insurance —The Company self-insures for certain medical claims, and its responsibility generally is capped through the use of a stop loss contract with an insurance company at a certain dollar level (usually $300 thousand ). A third-party administrator is used to process claims. The Company uses actual claims data and estimates of incurred-but-not-reported claims to calculate estimated liabilities for unsettled claims on an undiscounted basis. Although management re-evaluates the assumptions and reviews the claims experience on an ongoing basis, actual claims paid could vary significantly from estimated claims. Pensions and Postretirement Benefits Other Than Pensions —Retirement benefits are provided to employees through pension plans sponsored by the Company. Pension benefits are primarily a function of both the years of service and the level of compensation for a specified number of years. It is the Company's policy to fund the qualified pension plans to at least the extent required to maintain their fully funded status. In addition, the Company provides health care and life insurance benefits for certain retired employees, the expected costs of which are accrued over the years that the employees render services. It is the Company's policy to fund postretirement benefits as claims are paid. Additional information is provided in Note 8. Comprehensive Income —Comprehensive income consists of net earnings and other gains and losses affecting shareholders' equity that, under GAAP, are excluded from net earnings. Other comprehensive income (loss) includes changes in prior service cost and net actuarial losses from pension and postretirement benefit plans, net of taxes, and changes in the fair value of interest rate swap agreements, net of taxes, to the extent that they are effective. Earnings Per Share —Basic earnings per share is calculated by dividing net earnings by the weighted average common and Class B shares outstanding. Diluted earnings per share is calculated similarly but includes the dilutive effect, if any, of the assumed exercise of securities, including the effect of shares issuable under the Company's share-based incentive plans. 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 are 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 Consolidated Balance Sheets. In April 2015, the FASB issued guidance related to disclosures for investments in certain entities that calculate net asset value (NAV) per share. This guidance eliminates the requirement to categorize investments in the fair value hierarchy if their fair value is measured at NAV per share. The r eporting entity must disclose the amount of investments measured at NAV to allow users to reconcile total investments in the fair value hierarchy to total investments measured at fair value in the Consolidated Balance Sheets. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted this update for the year ended June 30, 2015. The adoption of this guidance required a change in the format of a disclosure only and did not have an impact on our results. Pending Accounting Pronouncements —In May 2014, the FASB issued an accounting standards update that replaces existing revenue recognition guidance. The new guidance requires a company to recognize revenue for the transfer of promised goods or services equal to the amount it expects to receive in exchange for those goods or services. Additionally, the guidance requires enhanced disclosures about the nature, amount, timing, and uncertainty of revenue and cash flows from customer contracts. This guidance will be effective for in the Company in the first quarter of fiscal 2019. Early application is not permitted and companies may chose either a full retrospective or cumulative effect method of adoption. The Company is evaluating the method of adoption and the impact the guidance will have on our results of operations and financial position. In April 2015, the FASB issued guidance on the presentation of debt issuance costs. The new standard requires that debt issuance costs be 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 consolidated financial statements. In April 2015, the FASB issued guidance on the presentation of cloud computing arrangements that include a software license. The new guidance requires capitalization of the software license fee as internal-use software if certain criteria are met, otherwise the costs are expensed as incurred. The standard is effective for the Company in the first quarter of fiscal 2017. Early adoption is permitted and companies can chose either prospective adoption to arrangements entered into or materially modified after the effective date, or full retrospective adoption. Adoption of the new guidance is not expected to have a material impact on the consolidated financial statements. In June 2015, the FASB issued an accounting standards update that made technical corrections to the FASB Accounting Standards Codification. These technical corrections are divided into four categories: amendments related to differences between original guidance and the codification, guidance clarification and reference corrections, minor structural changes to simplify the codification, and minor improvements that are not expected to have a significant impact on current accounting practice. The amendments are effective for the Company in the first quarter of fiscal 2017 with early adoption permitted. All other changes are effective upon the issuance of the guidance. Adoption of the amendments is not expected to have a material impact on the consolidated financial statements.

Acquisitions

Acquisitions	12 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions Fiscal 2015 During fiscal 2015, Meredith paid $257.0 million primarily for the acquisitions of the television station WGGB, the ABC affiliate in Springfield, Massachusetts; MyWedding LLC (Mywedding); the television station WALA, the FOX affiliate in Mobile, Alabama-Pensacola, Florida; Selectable Media, Inc. (Selectable Media); the Shape brand and related digital assets (collectively Shape); and the assets of a shopper marketing platform technology. On October 31, 2014, Meredith acquired WGGB. The results of WGGB's operations have been included in the consolidated financial statements since that date. The fair value of the consideration, including the purchase of working capital, totaled $52.6 million , which consisted of $49.3 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 14. As of June 30, 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 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. 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 consolidated financial statements since that date. The acquisition-date fair value of the consideration was $42.7 million , which consisted of $20.1 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 14. As of June 30, 2015 , the Company estimates the future payments will range from $11.1 million to $40.0 million . On December 19, 2014, Meredith acquired WALA. The results of WALA's operations have been included in the consolidated financial statements since that date. The cash purchase price, including the purchase of working capital, was $90.4 million . On December 30, 2014, Meredith acquired 100 percent of the outstanding stock of Selectable Media, a leading native and engagement-based digital advertising company. The results of Selectable Media have been included in the 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 14. As of June 30, 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. 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 have been included in the consolidated financial statements since the effective date. 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 14. As of June 30, 2015 , the Company estimates the future payments will range from $25.2 million to $32.0 million . On June 19, 2015, Meredith completed the acquisition of Qponix, a leading shopper marketing data platform technology (hereafter referred to as Meredith Shopper Marketing). The results of the business from these assets have been included in the consolidated financial statements since the date of acquisition. The acquisition-date fair value of the consideration totaled $2.3 million , which consisted of $1.5 million of cash and $0.8 million of contingent consideration. The contingent consideration arrangement requires the Company to pay a contingent payment based on a percentage of net revenues for a period of up to 10 years until the maximum payout is reached, as defined in the asset purchase 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 14. As of June 30, 2015 , the Company estimates the future payments will be $0.8 million . The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed by segment during the year ended June 30, 2015 : (In thousands) Local Media Acquisitions National Media Acquisitions Total Accounts receivable $ 5,162 $ 4,323 $ 9,485 Current portion of broadcast rights 1,582 — 1,582 Other current assets 133 1,036 1,169 Property, plant, and equipment 14,391 130 14,521 Other noncurrent assets 1,907 3,055 4,962 Intangible assets 107,476 70,350 177,826 Total identifiable assets acquired 130,651 78,894 209,545 Deferred subscription revenue — (51,264 ) (51,264 ) Current portion of broadcast rights (1,582 ) — (1,582 ) Other current liabilities (1,378 ) (6,808 ) (8,186 ) Long-term liabilities (5,242 ) (59,634 ) (64,876 ) Total liabilities assumed (8,202 ) (117,706 ) (125,908 ) Net identifiable assets acquired 122,449 (38,812 ) 83,637 Goodwill 17,320 143,433 160,753 Net assets acquired $ 139,769 $ 104,621 $ 244,390 The following table provides details of the acquired intangible assets by acquisition: (In thousands) WGGB Martha Stewart Mywedding WALA Selectable Media Shape Meredith Shopper Marketing Total Intangible assets subject to amortization National media Advertiser relationships $ — $ 3,200 $ 1,600 $ — $ 2,250 $ 6,700 $ — $ 13,750 Customer lists — 1,850 — — — 1,200 — 3,050 Other — — — — 2,450 700 1,200 4,350 Local media Retransmission agreements 761 — — 3,193 — — — 3,954 Other 70 — — 121 — — — 191 Total 831 5,050 1,600 3,314 4,700 8,600 1,200 25,295 Intangible assets not subject to amortization National media Trademarks — — 5,300 — — 37,900 — 43,200 Internet domain names — — — — — 6,000 — 6,000 Local media FCC licenses 33,116 — — 70,215 — — — 103,331 Total 33,116 — 5,300 70,215 — 43,900 — 152,531 Intangible assets, net $ 33,947 $ 5,050 $ 6,900 $ 73,529 $ 4,700 $ 52,500 $ 1,200 $ 177,826 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 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. Therefore, the provisional measurements of fixed assets, intangible assets, goodwill, and deferred income tax balances are subject to change. The useful life of the advertiser relationships ranges from three to four years , the customer lists' useful lives are two years , and other national media intangible assets' useful lives are five to seven years . The useful lives of the retransmission agreements are six years and local media other intangible assets' useful lives are one to three years . For all acquisitions, goodwill is attributable primarily to expected synergies and the assembled workforces. Goodwill, with a provisionally assigned value of $136.2 million , is expected to be fully deductible for tax purposes. Mywedding and Selectable Media are subject to legal and regulatory requirements, including but not limited to those related to taxation, in each of the jurisdictions in the countries in which they operate. The Company has conducted a preliminary assessment of liabilities arising in each of these jurisdictions, and has recognized provisional amounts in its initial accounting for the acquisitions for all identified liabilities in accordance with the business combinations guidance. However, the Company is continuing its review of these matters during the measurement period, and if new information about facts and circumstances that existed at the acquisition date identifies adjustments to the liabilities initially recognized, or any additional liabilities that existed at the acquisition date, the acquisition accounting will be revised to reflect the resulting adjustments to the provisional amounts initially recognized. During fiscal 2015, acquisition related costs of $1.4 million were incurred. These costs are included in the selling, general, and administrative line in the Consolidated Statements of Earnings. Fiscal 2014 During fiscal 2014, Meredith paid $417.5 million primarily for the acquisitions of the television station KMOV, the CBS affiliate in St. Louis, Missouri and the television station KTVK, an independent station in Phoenix, Arizona. Effective February 28, 2014, Meredith acquired KMOV. The results of KMOV's operations have been included in the consolidated financial statements since that date. The final cash purchase price was $186.7 million , which included an additional cash working capital adjustment payment in fiscal 2015 of $0.9 million . During fiscal 2015, the Company finalized the determination of the fair values of the assets acquired and liabilities assumed. As such, 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. 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 CW affiliate in Phoenix, Arizona. The final cash purchase price was $223.4 million . During fiscal 2015, the Company finalized the determination of the fair values of the assets acquired and liabilities assumed. The final cash purchase price was allocated as $167.4 million for KTVK and $56.0 million for the interest in KASW assets. As part of the FCC approval of the transaction, Meredith was required to sell its interest in the KASW assets. Accordingly, this interest was shown on the Consolidated Balance Sheet as assets held for sale at June 30, 2014. The sale of the Company's interest in the KASW assets was completed during fiscal 2015. As the final valuation of the intangible assets acquired was not complete at June 30, 2014, the recorded intangible asset values were based on provisional estimates of fair value. Upon determination of the final fair values of the assets acquired and liabilities assumed, the amount recorded to assets held for sale were retrospectively increased $23.0 million . 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. 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. As of the date of each acquisition, Meredith allocates the purchase price to the assets acquired and liabilities assumed based on their respective preliminary fair values. The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed: (In thousands) Accounts receivable $ 18,934 Current portion of broadcast rights 6,495 Other current assets 1,015 Property, plant, and equipment 31,719 Other noncurrent assets 10,186 Intangible assets 251,325 Total identifiable assets acquired 319,674 Current portion of broadcast rights (6,495 ) Other current liabilities (309 ) Long-term liabilities (10,184 ) Total liabilities assumed (16,988 ) Net identifiable assets acquired 302,686 Goodwill 51,456 Net assets acquired $ 354,142 The following table provides details of the acquired intangible assets by acquisition: (In thousands) KMOV KTVK Total Intangible assets subject to amortization Network affiliation agreements $ 10,750 $ — $ 10,750 Retransmission agreements 3,250 14,026 17,276 Other 7 1,014 1,021 Total 14,007 15,040 29,047 Intangible assets not subject to amortization FCC licenses 101,973 120,305 222,278 Intangible assets, total $ 115,980 $ 135,345 $ 251,325 The useful life of the network affiliation agreement is seven years and other intangible assets useful lives range from one to six years. Goodwill, with an assigned value of $51.5 million , is expected to be fully deductible for tax purposes and is attributable to expected synergies and the assembled workforces of KMOV and KTVK. During fiscal 2014, acquisition related costs of $5.5 million were expensed in the period in which they were incurred. These costs are included in the selling, general, and administrative line in the Consolidated Statements of Earnings. Fiscal 2013 Meredith paid $50.2 million in fiscal 2013 primarily for the acquisitions of Parenting and Babytalk magazines and related digital assets (collectively Parenting) and Living the Country Life, LLC (Living the Country Life) and additional capital contributions to our minority investment in the Next Issue Media joint venture. In October 2012, Meredith acquired the remaining 49 percent of the outstanding stock of Living the Country Life. The results of Living the Country Life's operations have been included in the consolidated financial statements since that date. The cash purchase price was $1.4 million . In May 2013, Meredith acquired Parenting. The Parenting acquisition included Parenting and Babytalk magazine titles and related digital assets including the website www.parenting.com. The results of Parenting's operations have been included in the consolidated financial statements since that date. The acquisition-date fair value of the consideration totaled $45.5 million , which consisted of $41.5 million cash and a preliminary estimate of $4.0 million contingent consideration. The contingent consideration arrangement requires the Company to pay contingent payments should certain financial targets, generally based on revenues, be met over four fiscal years. Our estimate of the fair value of the contingent consideration is based on a probability-weighted discounted cash flow model. The estimated fair value is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in Note 14. Revenue growth for the Parenting acquisition was initially strong and in line with the original estimate; however, a slowdown in advertising revenues in the second half of fiscal 2014 resulted in lower revenue expectations. Therefore, the Company recognized non-cash credits to operations of $2.3 million in fiscal 2014 and $0.5 million in fiscal 2015, to reduce the estimated contingent consideration payable. These credits were recorded in the selling, general, and administrative expense line on the Consolidated Statements of Earnings. As of June 30, 2015 , the Company estimates the future aggregate payments will range from zero to $5.1 million . As a result of the acquisitions, the assets and liabilities of Parenting, consisting primarily of identifiable intangible assets and unearned subscription revenues, are reflected in the Company's Consolidated Balance Sheet. The consolidated financial statements reflect the allocation of the purchase price to the assets acquired and liabilities assumed, based on their respective fair values. Definite-lived intangible assets include an internet domain name of $3.1 million , trademark of $1.7 million , customer lists of $1.5 million , advertiser relationships of $1.3 million , and developed content of $0.9 million . The definite-lived intangible assets have useful lives ranging from two to 10 years. Goodwill is attributable to expected synergies and has an assigned value of $56.4 million , of which $33.0 million is expected to be deductible for tax purposes. Acquisition related costs were expensed by the Company in the period in which they were incurred. Acquisition costs related to the acquisitions were not material to the Company's results of operations. In fiscal 2013, the Company incurred $5.1 million for acquisition costs for professional fees and expenses related to a strategic transaction that did not materialize. These costs are included in the selling, general, and administrative line in the Consolidated Statements of Earnings.

Inventories

Inventories	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of paper stock, editorial content, and books. Of total net inventory values, 52 percent a t June 30, 2015 , and 49 percent at June 30, 2014 , were determined using the LIFO method. LIFO inventory income included in the Consolidated Statements of Earnings was $0.5 million in fiscal 2015 , $0.8 million in fiscal 2014 , and $1.7 million in fiscal 2013 . June 30, 2015 2014 (In thousands) Raw materials $ 13,900 $ 11,993 Work in process 12,053 13,398 Finished goods 2,428 2,814 28,381 28,205 Reserve for LIFO cost valuation (3,700 ) (4,197 ) Inventories $ 24,681 $ 24,008

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	Intangible Assets and Goodwill Intangible assets consist of the following: June 30, 2015 2014 (In thousands) Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Intangible assets subject to amortization National media Advertiser relationships $ 20,879 $ (7,660 ) $ 13,219 $ 8,752 $ (6,069 ) $ 2,683 Customer lists 9,120 (6,679 ) 2,441 16,257 (14,852 ) 1,405 Other 20,675 (7,361 ) 13,314 17,105 (5,608 ) 11,497 Local media Network affiliation agreements 229,309 (129,362 ) 99,947 228,314 (122,888 ) 105,426 Retransmission agreements 21,229 (3,454 ) 17,775 17,404 (188 ) 17,216 Other 1,212 (126 ) 1,086 1,020 — 1,020 Total $ 302,424 $ (154,642 ) 147,782 $ 288,852 $ (149,605 ) 139,247 Intangible assets not subject to amortization National media Internet domain names 7,827 1,827 Trademarks 192,089 148,889 Local media FCC licenses 624,684 523,334 Total 824,600 674,050 Intangible assets, net $ 972,382 $ 813,297 Amortization expense was $17.6 million in fiscal 2015 , $13.1 million in fiscal 2014 , and $11.7 million in fiscal 2013 . Future amortization expense for intangible assets is expected to be as follows: $20.0 million in fiscal 2016 , $17.8 million in fiscal 2017 , $14.8 million in fiscal 2018 , $12.5 million in fiscal 2019 , and $11.6 million in fiscal 2020 . During fiscal 2014, the Company recorded an impairment charge of $10.3 million on national media intangible assets, including $9.5 million of trademarks and $0.8 million of customer lists. Management determined these intangible assets were fully impaired as part of management's commitment to performance improvement plans, including the conversion of Ladies' Home Journal from a subscription-based magazine to a quarterly newsstand special interest publication and the closure of Meredith's medical sales force training business. The impairment charges are recorded in the depreciation and amortization line in the Consolidated Statements of Earnings. Changes in the carrying amount of goodwill were as follows: (In thousands) National Local Total Balance at June 30, 2013 $ 788,854 $ — $ 788,854 Acquisitions 184 51,823 52,007 Balance at June 30, 2014 789,038 51,823 840,861 Acquisitions 143,433 16,952 160,385 Balance at June 30, 2015 $ 932,471 $ 68,775 $ 1,001,246 The national media segment is comprised of two reporting units, the magazine brands reporting unit, which has $760.6 million of goodwill, and the MXM reporting unit, which has $171.9 million of goodwill. Meredith completed annual impairment reviews of goodwill and intangible assets with indefinite lives as of May 31, 2015, 2014, and 2013. No impairments were recorded as a result of those reviews. As of May 31, 2015, the fair value of the local media reporting unit significantly exceeded its net assets, the fair value of the magazine brands reporting unit exceeded its net assets by approximately 20 percent , and the fair value of the MXM reporting unit exceeded its net assets by nearly 50 percent . The fair value of the magazine brands reporting unit assumes a discount rate of 10 percent . Assumed revenue growth rates range from down 1.6 percent to up 2.0 percent . The assumed terminal growth rate is 2.0 percent . These assumptions are contingent upon a stable economic environment, continuing strong consumer engagement, and a continuing shift to digital platforms. Holding other assumptions constant, a 100 basis point increase in the discount rate would result in an estimated fair value that exceeds net assets by 4 percent . Holding other assumptions constant, a 100 basis point decrease in the terminal growth rate would result in an estimated fair value that exceeds net assets by 8 percent . Both of these scenarios individually would result in the magazine brands reporting unit passing step one of the test. The fair value of the MXM reporting unit assumes a discount rate of 12 percent , near term revenue growth rates ranging from 5.0 percent to 7.0 percent , and a terminal growth rate of 5.0 percent . These assumptions are contingent upon a stable economic environment and either retaining or replacing key customers. Holding other assumptions constant, a 100 basis point increase in the discount rate would result in an estimated fair value that exceeds net assets by 30 percent . Holding other assumptions constant, a 100 basis point decrease in the terminal growth rate would result in an estimated fair value that exceeds net assets by more than 30 percent . Both of these scenarios individually would result in the MXM reporting unit passing step one of the test.

Restructuring Accrual

Restructuring Accrual	12 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring Accrual	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 Consolidated Statements of Earnings. The Company also wrote down video production fixed assets that the Company abandoned for $1.2 million , which is recorded in the depreciation and amortization line of the Consolidated Statements of Earnings. The majority of severance costs will be paid out over the next 6 months . The plans affected 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 Consolidated Statements of Earnings. The Company also wrote down manuscript and art inventory for $0.3 million , which is recorded in the production, distribution, and editorial line of the Consolidated Statements of Earnings. The majority of severance costs will be paid out over the next 9 months . The plans affected approximately 135 employees. In the third quarter of fiscal 2014, management committed to several performance improvement plans related primarily to business realignments including converting Ladies' Home Journal from a monthly subscription magazine to a newsstand only quarterly special interest publication, the closing of our medical sales force training business, and other selected workforce reductions. In connection with these plans, the Company recorded a pre-tax restructuring charge of $20.8 million . The restructuring charge includes severance and related benefit costs of $8.5 million related to the involuntary termination of employees, an accrual for vacated lease spaces of $0.4 million , and other accruals of $0.5 million , all of which are recorded in the selling, general, and administrative line of the Consolidated Statements of Earnings. The Company also wrote down intangible assets by $10.3 million (see Note 4) and fixed assets of $0.9 million , which are recorded in the depreciation and amortization line of the Consolidated Statements of Earnings, and manuscript and art inventory by $0.2 million , which is recorded in the production, distribution, and editorial line of the Consolidated Statements of Earnings. The majority of severance costs have been paid out. These plans affected approximately 100 employees. In the fourth quarter of fiscal 2014, management committed to a performance improvement plan related primarily to business realignments from recent broadcast station acquisitions that included selected workforce reductions. In connection with this plan, the Company recorded a pre-tax restructuring charge of $3.7 million . The restructuring charge includes severance and related benefit costs of $3.4 million related to the involuntary termination of employees and an accrual for vacating a building of $0.3 million , which are recorded in the selling, general, and administrative line of the Consolidated Statements of Earnings. The majority of severance costs have been paid out. The plan affected approximately 75 employees. During the years ended June 30, 2015 and 2014, the Company recorded reversals of $0.1 million and $1.4 million , respectively, of excess restructuring reserves accrued in prior fiscal years. The reversals of excess restructuring reserves are recorded in the selling, general, and administrative line of the Consolidated Statements of Earnings. Details of changes in the Company's restructuring accrual are as follows: Years ended June 30, 2015 2014 (In thousands) Balance at beginning of year $ 13,545 $ 8,103 Severance accrual 14,670 11,915 Other accruals 285 1,141 Cash payments (12,664 ) (6,258 ) Reversal of excess accrual (105 ) (1,356 ) Balance at end of year $ 15,731 $ 13,545

Long-term Debt

Long-term Debt	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Long-term debt consists of the following: June 30, 2015 2014 (In thousands) 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 77,500 20,000 Term loan of $250 million, due 3/27/2019 237,500 250,000 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 795,000 715,000 Current portion of long-term debt (62,500 ) (87,500 ) Long-term debt $ 732,500 $ 627,500 The following table shows principal payments on the debt due in succeeding fiscal years: Years ending June 30, (In thousands) 2016 $ 62,500 2017 75,000 2018 75,000 2019 332,500 2020 — Thereafter 250,000 Total long-term debt $ 795,000 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 June 30, 2015 , $172.0 million of accounts receivable net of reserves were outstanding under the agreement. Meredith Funding Corporation in turn sells 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 June 30, 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 consolidated financial statements. The interest rate on the asset-backed bank facility is based on a fixed spread over London Interbank Offered Rate (LIBOR). The weighted average effective interest rate was 1.04 percent as of June 30, 2015 . 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 2014, Meredith entered into a credit agreement that provided for a revolving credit facility of $200.0 million and a term loan of $250.0 million , for a five -year term which expires March 27, 2019 . The term loan is payable in quarterly installments based on an amortization schedule as set forth in the agreement. The new credit agreement replaced our prior revolving credit facility. In connection with this transaction, in fiscal 2014 the Company wrote off $0.6 million of deferred financing costs to the interest expense line of the Consolidated Statements of Earnings. In addition, Meredith issued $150.0 million in private placement floating-rate senior notes during fiscal 2014, which are due February 28, 2024 . In fiscal 2015, Meredith issued $100.0 million in private placement floating-rate senior notes, which are due December 19, 2022 . 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) ( 0.19 percent on the swap maturing in August 2018, 0.28 percent on the swap maturing in March 2019, and 0.28 percent on the swaps maturing in August 2019 as of June 30, 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 June 30, 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 June 30, 2015 , the swaps had a fair value of $2.2 million net liability. The Company is exposed to credit-related losses in the event of nonperformance by counterparties to the swap agreements. This exposure is managed through diversification and the monitoring of the creditworthiness of the counterparties. There was $1.1 million of 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 June 30, 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 June 30, 2015 . The interest rates on the private placement floating-rate senior notes is based on a fixed spread over LIBOR. Interest rates on the private placement floating-rate senior notes were 3.03 percent on the $100.0 million note and 3.26 percent on the $150.0 million note at June 30, 2015 , after taking into account the effect of outstanding interest rate swap agreements. As of June 30, 2015 , the weighted average interest rate was 1.88 percent for the revolving credit facility and term loan, after taking into account the effect of outstanding interest rate swap agreement. The interest rate under both facilities is variable based on LIBOR and Meredith's debt to trailing 12 month EBITDA (earnings before interest, taxes, depreciation, and amortization as defined in the debt agreement) ratio. All of the Company's debt agreements include financial covenants and failure to comply with any such covenants could result in the debt becoming payable on demand. The most significant financial covenants require a ratio of debt to trailing 12 month EBITDA less than 3.75 and a ratio of EBITDA to interest expense of greater than 2.75 . The Company was in compliance with these and all other financial covenants at June 30, 2015 . Interest expense related to long-term debt totaled $18.5 million in fiscal 2015 , $10.9 million in fiscal 2014 , and $12.7 million in fiscal 2013 . At June 30, 2015 , Meredith had additional credit available under the asset-backed bank facility of up to $20.0 million (depending on levels of accounts receivable) and had $122.5 million of credit available under the revolving credit facility with an option to request up to another $200.0 million . The commitment fee for the asset-backed bank facility ranges from 0.40 percent to 0.45 percent of the unused commitment based on utilization levels. The commitment fees for the revolving credit facility ranges from 0.125 percent to 0.25 percent of the unused commitment based on the Company's leverage ratio. Commitment fees paid in fiscal 2015 were not material.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table shows income tax expense (benefit) attributable to earnings before income taxes: Years ended June 30, 2015 2014 2013 (In thousands) Currently payable Federal $ 39,429 $ 37,615 $ 30,604 State 4,583 2,764 1,419 Foreign 35 37 42 44,047 40,416 32,065 Deferred Federal 36,314 18,138 35,383 State 5,608 2,386 6,453 Foreign — (142 ) (147 ) 41,922 20,382 41,689 Income taxes $ 85,969 $ 60,798 $ 73,754 The differences between the statutory U.S. federal income tax rate and the effective tax rate were as follows: Years ended June 30, 2015 2014 2013 U.S. statutory tax rate 35.0 % 35.0 % 35.0 % State income taxes, less federal income tax benefits 2.9 2.2 3.0 Settlements - audits / tax litigation (0.1 ) (0.3 ) (1.6 ) Restructuring of international operations — (2.5 ) — Other 0.8 0.5 1.0 Effective income tax rate 38.6 % 34.9 % 37.4 % The Company's effective tax rate was 38.6 percent in fiscal 2015 , 34.9 percent in fiscal 2014 , and 37.4 percent in fiscal 2013 . The fiscal 2014 rate reflected tax benefits realized due to expiring federal and state statutes of limitations and federal tax benefits from the restructuring of Meredith's international operations. The fiscal 2013 rate reflected favorable adjustments primarily due to tax benefits from the resolution of state and local tax contingencies. The tax effects of temporary differences that gave rise to deferred tax assets and deferred tax liabilities were as follows: June 30, 2015 2014 (In thousands) Deferred tax assets Accounts receivable allowances and return reserves $ 15,670 $ 15,964 Compensation and benefits 35,850 34,320 Indirect benefit of uncertain state and foreign tax positions 9,925 10,875 All other assets 7,068 5,174 Total deferred tax assets 68,513 66,333 Valuation allowance (1,808 ) (1,742 ) Net deferred tax assets 66,705 64,591 Deferred tax liabilities Subscription acquisition costs 87,036 76,359 Accumulated depreciation and amortization 288,952 255,936 Deferred gains from dispositions 23,908 24,048 All other liabilities 6,842 4,907 Total deferred tax liabilities 406,738 361,250 Net deferred tax liability $ 340,033 $ 296,659 The Company's deferred tax assets are more likely than not to be fully realized except for a valuation allowance of $1.8 million that was recorded for capital losses and certain net operating losses booked in fiscal 2014, fiscal 2013, and fiscal 2012. The net current portions of deferred tax assets and liabilities are included in accrued expenses-other taxes and expenses at June 30, 2015 and 2014 , in the Consolidated Balance Sheets. A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows: Years ended June 30, 2015 2014 (In thousands) Balance at beginning of year $ 37,995 $ 42,402 Increases in tax positions for prior years — 327 Decreases in tax positions for prior years (2,028 ) (699 ) Increases in tax positions for current year 5,686 5,756 Settlements (1,853 ) (652 ) Lapse in statute of limitations (3,881 ) (9,139 ) Balance at end of year $ 35,919 $ 37,995 The total amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate was $27.3 million as of June 30, 2015 , and $26.8 million as of June 30, 2014 . The uncertain tax benefit recognized during fiscal 2015 from lapse in statute of limitations that related to income tax positions on temporary differences was $2.6 million . The Company recognizes interest and penalties related to unrecognized tax benefits as a component of income tax expense. The amount of accrued interest and penalties related to unrecognized tax benefits was $7.7 million and $7.6 million as of June 30, 2015 and 2014 , respectively. The total amount of unrecognized tax benefits at June 30, 2015 , may change significantly within the next 12 months , decreasing by an estimated range of $2.3 million to $23.1 million . The change, if any, may result primarily from foreseeable federal and state examinations, ongoing federal and state examinations, anticipated state settlements, expiration of various statutes of limitation, the results of tax cases, or other regulatory developments. The Company's federal tax returns have been audited through fiscal 2002, and are closed by expiration of the statute of limitations for fiscal 2003, fiscal 2004, and fiscal 2005. Fiscal 2006 through fiscal 2010 are under the jurisdiction of IRS Appeals, while fiscals 2011 and 2012 are currently under the jurisdiction of IRS Exam. The Company has various state income tax examinations ongoing and at various stages of completion, but generally the state income tax returns have been audited or closed to audit through fiscal 2005.

Pension and Postretirement Bene

Pension and Postretirement Benefit Plans	12 Months Ended
	Jun. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Pension and Postretirement Benefit Plans	Pension and Postretirement Benefit Plans Savings and Investment Plan Meredith maintains a 401(k) Savings and Investment Plan that permits eligible employees to contribute funds on a pretax basis. The plan allows employee contributions of up to 50 percent of eligible compensation subject to the maximum allowed under federal tax provisions. The Company matches 100 percent of the first 3 percent and 50 percent of the next 2 percent of employee contributions. The 401(k) Savings and Investment Plan allows employees to choose among various investment options, including the Company's common stock, for both their contributions and the Company's matching contribution. Company contribution expense under this plan totaled $9.7 million in fiscal 2015 , $9.3 million in fiscal 2014 , and $8.7 million in fiscal 2013 . Pension and Postretirement Plans Meredith has noncontributory pension plans covering substantially all employees. These plans include qualified (funded) plans as well as nonqualified (unfunded) plans. These plans provide participating employees with retirement benefits in accordance with benefit provision formulas. The nonqualified plans provide retirement benefits only to certain highly compensated employees. The Company also sponsors defined healthcare and life insurance plans that provide benefits to eligible retirees. Obligations and Funded Status The following tables present changes in, and components of, the Company's net assets/liabilities for pension and other postretirement benefits: Pension Postretirement June 30, 2015 2014 2015 2014 (In thousands) Change in benefit obligation Benefit obligation, beginning of year $ 152,608 $ 140,549 $ 10,445 $ 12,302 Service cost 12,173 10,196 117 170 Interest cost 5,582 5,604 407 480 Participant contributions — — 802 842 Plan amendments — 915 — (1,732 ) Actuarial loss (gain) (1,996 ) 4,083 (1,007 ) (114 ) Benefits paid (including lump sums) (12,940 ) (8,739 ) (1,356 ) (1,503 ) Benefit obligation, end of year $ 155,427 $ 152,608 $ 9,408 $ 10,445 Change in plan assets Fair value of plan assets, beginning of year $ 145,179 $ 128,267 $ — $ — Actual return on plan assets 3,857 25,117 — — Employer contributions 5,490 534 554 661 Participant contributions — — 802 842 Benefits paid (including lump sums) (12,940 ) (8,739 ) (1,356 ) (1,503 ) Fair value of plan assets, end of year $ 141,586 $ 145,179 $ — $ — Under funded status, end of year $ (13,841 ) $ (7,429 ) $ (9,408 ) $ (10,445 ) Benefits paid directly from Meredith assets are included in both employer contributions and benefits paid. Fair value measurements for pension assets as of June 30, 2015 , were as follows: June 30, 2015 Total Fair Value Quoted Prices (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments in registered investment companies 1 $ 140,983 $ 80,229 $ — $ — Pooled separate accounts 1 603 — — — Total assets at fair value $ 141,586 $ 80,229 $ — $ — 1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair Fair value measurements for pension assets as of June 30, 2014 , were as follows: June 30, 2014 Total Fair Value Quoted Prices (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments in registered investment companies 1 $ 144,619 $ 85,509 $ — $ — Pooled separate accounts 1 560 — — — Total assets at fair value $ 145,179 $ 85,509 $ — $ — 1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented as the change in plan assets. Refer to Note 14 for a discussion of the three levels in the hierarchy of fair values. The following amounts are recognized in the Consolidated Balance Sheets: Pension Postretirement June 30, 2015 2014 2015 2014 (In thousands) Other assets Prepaid benefit cost $ 18,071 $ 23,078 $ — $ — Accrued expenses-compensation and benefits Accrued benefit liability (2,780 ) (2,408 ) (700 ) (770 ) Other noncurrent liabilities Accrued benefit liability (29,132 ) (28,099 ) (8,708 ) (9,675 ) Net amount recognized, end of year $ (13,841 ) $ (7,429 ) $ (9,408 ) $ (10,445 ) The accumulated benefit obligation for all defined benefit pension plans was $143.4 million and $138.3 million at June 30, 2015 and 2014 , respectively. The following table provides information about pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets: June 30, 2015 2014 (In thousands) Projected benefit obligation $ 32,012 $ 30,550 Accumulated benefit obligation 29,099 26,379 Fair value of plan assets 100 44 Costs The components of net periodic benefit costs recognized in the Consolidated Statements of Earnings were as follows: Pension Postretirement Years ended June 30, 2015 2014 2013 2015 2014 2013 (In thousands) Components of net periodic benefit costs Service cost $ 12,173 $ 10,196 $ 10,100 $ 117 $ 170 $ 377 Interest cost 5,582 5,604 4,911 407 480 611 Expected return on plan assets (11,037 ) (9,687 ) (9,465 ) — — — Prior service cost (credit) amortization 225 391 359 (432 ) (440 ) (537 ) Actuarial loss (gain) amortization 667 2,030 3,250 (433 ) (365 ) — Curtailment credit — — — — (1,511 ) — Net periodic benefit costs (credit) $ 7,610 $ 8,534 $ 9,155 $ (341 ) $ (1,666 ) $ 451 Amounts recognized in the accumulated other comprehensive loss component of shareholders' equity for Company-sponsored plans were as follows: June 30, 2015 Pension Postretirement Total (In thousands) Unrecognized net actuarial losses (gains), net of taxes $ 12,733 $ (2,070 ) $ 10,663 Unrecognized prior service cost (credit), net of taxes 589 (716 ) (127 ) Total $ 13,322 $ (2,786 ) $ 10,536 During fiscal 2016 , the Company expects to recognize as part of its net periodic benefit costs $0.6 million of net actuarial losses and $0.2 million of prior-service costs for the pension plans, and $0.7 million of net actuarial gains and $0.4 million of prior service credit for the postretirement plan that are included, net of taxes, in the accumulated other comprehensive loss component of shareholders' equity at June 30, 2015 . Assumptions Benefit obligations were determined using the following weighted average assumptions: Pension Postretirement June 30, 2015 2014 2015 2014 Weighted average assumptions Discount rate 3.75 % 3.57 % 4.20 % 4.00 % Rate of compensation increase 3.50 % 3.50 % 3.50 % 3.50 % Rate of increase in health care cost levels Initial level NA NA 7.00 % 7.00 % Ultimate level NA NA 5.00 % 5.00 % Years to ultimate level NA NA 6 years 4 years NA-Not applicable Net periodic benefit costs were determined using the following weighted average assumptions: Pension Postretirement Years ended June 30, 2015 2014 2013 2015 2014 2013 Weighted average assumptions Discount rate 3.57 % 3.92 % 3.50 % 4.00 % 4.50 % 4.10 % Expected return on plan assets 8.00 % 8.00 % 8.00 % NA NA NA Rate of compensation increase 3.50 % 3.50 % 3.50 % 3.50 % 3.50 % 3.50 % Rate of increase in health care cost levels Initial level NA NA NA 7.00 % 7.50 % 8.00 % Ultimate level NA NA NA 5.00 % 5.00 % 5.00 % Years to ultimate level NA NA NA 4 years 5 years 6 years NA-Not applicable The expected return on plan assets assumption was determined, with the assistance of the Company's investment consultants, based on a variety of factors. These factors include but are not limited to the plans' asset allocations, review of historical capital market performance, historical plan performance, current market factors such as inflation and interest rates, and a forecast of expected future asset returns. The Company reviews this long-term assumption on a periodic basis. Assumed rates of increase in healthcare cost have a significant effect on the amounts reported for the healthcare plans. A change of one percentage point in the assumed healthcare cost trend rates would have the following effects: One Percentage Point Increase One Percentage Point Decrease (In thousands) Effect on service and interest cost components for fiscal 2015 $ 26 $ (26 ) Effect on postretirement benefit obligation as of June 30, 2015 408 (335 ) Plan Assets The targeted and weighted average asset allocations by asset category for investments held by the Company's pension plans are as follows: 2015 Allocation 2014 Allocation June 30, Target Actual Target Actual Domestic equity securities 35 % 35 % 35 % 36 % Fixed income investments 30 % 29 % 30 % 27 % International equity securities 25 % 25 % 25 % 26 % Global equity securities 10 % 11 % 10 % 11 % Fair value of plan assets 100 % 100 % 100 % 100 % Meredith's investment policy seeks to maximize investment returns while balancing the Company's tolerance for risk. The plan fiduciaries oversee the investment allocation process. This includes selecting investment managers, setting long-term strategic targets, and monitoring asset allocations. Target allocation ranges are guidelines, not limitations, and plan fiduciaries may occasionally approve allocations above or below a target range, or elect to rebalance the portfolio within the targeted range. The investment portfolio contains a diversified blend of equity and fixed-income investments. Furthermore, equity investments are diversified across domestic and international stocks and between growth and value stocks and small and large capitalizations. The primary investment strategy currently employed is a dynamic target allocation method that periodically rebalances among various investment categories depending on the current funded position. This program is designed to actively move from return-seeking investments (such as equities) toward liability-hedging investments (such as long-duration fixed-income) as funding levels improve. The reverse effect occurs when funding levels decrease. Equity securities did not include any Meredith Corporation common or Class B stock at June 30, 2015 or 2014 . Cash Flows Although we do not have a minimum funding requirement for the pension plans in fiscal 2016 , the Company is currently determining what voluntary pension plan contributions, if any, will be made in fiscal 2016 . Actual contributions will be dependent upon investment returns, changes in pension obligations, and other economic and regulatory factors. Meredith expects to contribute $0.7 million to its postretirement plan in fiscal 2016 . The following benefit payments, which reflect expected future service as appropriate, are expected to be paid: Years ending June 30, Pension Benefits Postretirement Benefits (In thousands) 2016 $ 21,239 $ 700 2017 25,555 732 2018 15,975 749 2019 15,409 744 2020 20,172 713 2021-2025 80,390 3,185 Other The Company maintains collateral assignment split-dollar life insurance arrangements on certain key officers and retirees. The net periodic pension cost for fiscal 2015 , 2014 , and 2013 was $0.4 million , $0.3 million , and $0.3 million , respectively, and the accrued liability at June 30, 2015 and 2014 , was $4.2 million and $4.1 million , respectively.

Earnings per Share

Earnings per Share	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The calculation of basic earnings per share for each period is based on the weighted average number of common and Class B shares outstanding during the period. The calculation of diluted earnings per share for each period is based on the weighted average number of common and Class B shares outstanding during the period plus the effect, if any, of dilutive common stock equivalent shares. The following table presents the calculations of earnings per share: Years ended June 30, 2015 2014 2013 (In thousands except per share data) Net earnings $ 136,791 $ 113,541 $ 123,650 Basic average shares outstanding 44,522 44,636 44,455 Dilutive effect of stock options and equivalents 801 774 630 Diluted average shares outstanding 45,323 45,410 45,085 Earnings per share Basic $ 3.07 $ 2.54 $ 2.78 Diluted 3.02 2.50 2.74 In addition, antidilutive options excluded from the above calculations totaled 0.9 million options for the year ended June 30, 2015 ( $50.52 weighted average exercise price), 1.8 million options for the year ended June 30, 2014 ( $50.54 weighted average exercise price), and 3.1 million options for the year ended June 30, 2013 ( $46.56 weighted average exercise price).

Capital Stock

Capital Stock	12 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Capital Stock	Capital Stock The Company has two classes of common stock outstanding: common and Class B. Each class receives equal dividends per share. Class B stock, which has 10 votes per share , is not transferable as Class B stock except to family members of the holder or certain other related entities. At any time, Class B stock is convertible, share for share, into common stock with one vote per share . Class B stock transferred to persons or entities not entitled to receive it as Class B stock will automatically be converted and issued as common stock to the transferee. The principal market for trading the Company's common stock is the New York Stock Exchange (trading symbol MDP). No separate public trading market exists for the Company's Class B stock. From time to time, the Company's Board of Directors has authorized the repurchase of shares of the Company's common stock on the open market. In May 2014, the Board approved the repurchase of $100.0 million of shares. As of June 30, 2015 , $97.0 million remained available under the current authorizations for future repurchases. Repurchases of the Company's common and Class B stock are as follows: Years ended June 30, 2015 2014 2013 (In thousands) Number of shares 925 1,640 1,477 Cost at market value $ 46,764 $ 78,226 $ 54,734 Effective July 1, 2013, shares deemed to be delivered to the Company on tender of stock in payment for the exercise price of options are no longer included as part of our repurchase program and thus they do not reduce the repurchase authority granted by our Board. Shares delivered or deemed to be delivered to us in satisfaction of tax withholding on option exercises and the vesting of restricted shares continue to reduce the repurchase authority granted by our Board. Shares tendered for the exercise price of stock options were 0.7 million shares at of cost of $35.6 million in fiscal 2015 and 1.1 million shares at a cost of $54.1 million in fiscal 2014.

Common Stock and Share-based Co

Common Stock and Share-based Compensation Plans	12 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common Stock and Share-based Compensation Plans	Common Stock and Share-based Compensation Plans Meredith has an employee stock purchase plan and a stock incentive plan, both of which are shareholder-approved. More detailed descriptions of these plans follows. Compensation expense recognized for these plans was $12.5 million in fiscal 2015 , $12.2 million in fiscal 2014 , and $11.5 million in fiscal 2013 . The total income tax benefit recognized in earnings was $4.6 million in fiscal 2015 , $4.5 million in fiscal 2014 , and $4.2 million in fiscal 2013 . Employee Stock Purchase Plan Meredith has an employee stock purchase plan (ESPP) available to substantially all employees. The ESPP allows employees to purchase shares of Meredith common stock through payroll deductions at the lesser of 85 percent of the fair market value of the stock on either the first or last trading day of an offering period. The ESPP has quarterly offering periods. One million five hundred thousand common shares are authorized and approximately 290,000 shares remain available for issuance under the ESPP. Compensation cost for the ESPP is based on the present value of the cash discount and the fair value of the call option component as of the grant date using the Black-Scholes o ption-pricing model. The term of the option is three months, the term of the offering period. The expected stock price volatility was 37 percent i n fiscal 2015 , 36 percent in fiscal 2014 , and 35 percent in fiscal 2013 . I nformation about the shares issued under this plan is as follows: Years ended June 30, 2015 2014 2013 Shares issued (in thousands) 72 86 130 Average fair value $ 7.52 $ 7.59 $ 5.55 Average purchase price 39.95 40.30 29.50 Average market price 50.83 48.36 38.56 Stock Incentive Plan Meredith has a stock incentive plan that permits the Company to issue stock options, restricted stock, stock equivalent units, restricted stock units, and performance shares to key employees and directors of the Company. Approximately 8.7 million shares remained ava ilable for future awards under the plan as of June 30, 2015 . Forfeited awards, shares deemed to be delivered to us on tender of stock in payment for the exercise price of options, and shares reacquired pursuant to tax withholding on option exercises and the vesting of restricted shares increase shares available for future awards. The plan is designed to provide an incentive to contribute to the achievement of long-range corporate goals; provide flexibility in motivating, attracting, and retaining employees; and to align more closely the employees' interests with those of shareholders. The Company has awarded restricted shares of common stock and restricted stock units to eligible key employees and to non-employee directors under the plan. In addition, certain awards are granted based on specified levels of Company stock ownership. All awards have restriction periods tied primarily to employment and/or service. The awards generally vest over three or five years . The awards are recorded at the market value of traded shares on the date of the grant as unearned compensation. The initial values of the grants, net of estimated forfeitures, are amortized over the vesting periods. The Company's restricted stock activity during the year ended June 30, 2015 , was as follows: Restricted Stock Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (Shares and Aggregate Intrinsic Value in thousands) Nonvested at June 30, 2014 565 $ 35.77 Granted 9 51.22 Vested (186 ) 26.72 Forfeited (23 ) 40.00 Nonvested at June 30, 2015 365 40.48 $ 19,075 As of June 30, 2015 , there was $2.3 million of une arned compensation cost related to restricted stock granted under the plan. That cost is expected to be recognized over a weighted average period of 1.3 years. The weighted average grant date fair value of restricted stock granted during the years ended June 30, 2015 , 2014 , and 2013 was $51.22 , $48.01 , and $34.69 , respectively. The total fair value of shares vested during the years ended June 30, 2015 , 2014 , and 2013 , was $7.8 million , $6.2 million , and $5.6 million , respectively. The Company's restricted stock unit activity during the year ended June 30, 2015 , was as follows: Restricted Stock Units Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (Shares and Aggregate Intrinsic Value in thousands) Nonvested at June 30, 2014 — $ — Granted 173 46.21 Vested (3 ) 45.69 Forfeited (11 ) 46.19 Nonvested at June 30, 2015 159 46.22 $ 8,314 As of June 30, 2015 , there was $3.0 million of unearned compensation cost related to restricted stock units granted under the plan. That cost is expected to be recognized over a weighted average period of 2.2 years. The weighted average grant date fair value of restricted stock granted during the year ended June 30, 2015 was $46.21 . The total fair value of shares vested during the year ended June 30, 2015 was $0.1 million . Meredith also has outstanding stock equivalent units resulting from the deferral of compensation of employees and directors under various deferred compensation plans. The period of deferral is specified when the deferral election is made. These stock equivalent units are issued at the market price of the underlying stock on the date of deferral. In addition, shares of restricted stock may be converted to stock equivalent units upon vesting. The following table summarizes the activity for stock equivalent units during the year ended June 30, 2015 : Stock Equivalent Units Units Weighted Average Issue Date Fair Value Aggregate Intrinsic Value (Units and Aggregate Intrinsic Value in thousands) Balance at June 30, 2014 229 $ 38.19 Additions 40 46.33 Converted to common stock (4 ) 28.88 Balance at June 30, 2015 265 36.12 $ 4,251 The total intrinsic value of stock equivalent units converted to common stock was $0.1 million in fiscal 2015, $0.1 million in fiscal 2014, and zero for fiscal year 2013. Meredith has granted nonqualified stock options to certain employees and directors under the plan. The grant date of options issued is the date the Compensation Committee of the Board of Directors approves the granting of the options. The exercise price of options granted is set at the fair value of the Company's common stock on the grant date. All options granted under the plan expire at the end of 10 years . Options granted vest three years from the date of grant. A summary of stock option activity and weighted average exercise prices follows: Stock Options Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (Options and Aggregate Intrinsic Value in thousands) Outstanding July 1, 2014 3,878 $ 40.26 Granted 467 46.30 Exercised (1,018 ) 37.00 Forfeited (658 ) 48.40 Outstanding June 30, 2015 2,669 40.55 6.0 $ 31,882 Exercisable June 30, 2015 1,225 39.15 3.7 16,856 The fair value of each option is estimated as of the date of grant using the Black-Scholes option-pricing model. Expected volatility is based on historical volatility of the Company's common stock and other factors. The expected life of options granted incorporates historical employee exercise and termination behavior. Different expected lives are used for separate groups of employees who have similar historical exercise patterns. The risk-free rate for periods that coincide with the expected life of the options is based on the U.S. Treasury yield curve in effect at the time of grant. The following summarizes the assumptions used in determining the fair value of options granted: Years ended June 30, 2015 2014 2013 Risk-free interest rate 1.4-2.8% 1.9-2.1% 0.4-1.3% Expected dividend yield 4.00 % 4.20 % 5.00 % Expected option life 7-8 yrs 7-8 yrs 7-8 yrs Expected stock price volatility 37 % 36 % 35 % The weighted average grant date f air value of options granted during the years ended June 30, 2015 , 2014 , and 2013 , wa s $11.59 , $11.41 , and $6.62 , respectively. The total intrinsic value of options exercised during the years ended June 30, 2015 , 2014 , and 2013 wa s $14.2 million , $9.6 million , and $12.0 million , respectively. A s of June 30, 2015 , there was $2.8 million in unrecognized compensation cost for stock options granted under the plan. This cost is expected to be recognized over a weighted average period of 1.7 years . Cash received from option exercises under all share-based payment plans for the years ended June 30, 2015 , 2014 , and 2013 was $37.7 million , $54.5 million , and $34.7 million , respectively. The actual tax benefit realized for the tax deductions from option exercises totaled $5.5 million , $3.7 million , and $4.7 million , respectively, for the years ended June 30, 2015 , 2014 , and 2013 .

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities The Company occupies certain facilities and sales offices and uses certain equipment under lease agreements. Rental expense for such leases w as $20.1 million in fiscal 2015 , $20.2 million in fiscal 2014 , and $20.5 million in fiscal 2013 . Below are the minimum rental commitments at June 30, 2015 , under all noncancelable operating leases due in succeeding fiscal years: Years ending June 30, (In thousands) 2016 $ 18,364 2017 17,341 2018 15,783 2019 14,065 2020 13,663 Thereafter 71,247 Total minimum rentals $ 150,463 Most of the future lease payments relate to the lease of office facilities in New York City through December 31, 2026 . In the normal course of business, leases that expire are generally renewed or replaced by leases on similar properties. The Company has recorded commitments for broadcast rights payable in future fiscal years. The Company also is obligated to make payments under contracts for broadcast rights not currently available for use and therefore not included in the consolidated financial statements. Such unavailable rights amounted t o $30.3 million at June 30, 2015 . The fair value of these commitments for unavailable broadcast rights, determined by the present value of future cash flows discounted at the Company's current borrowing rate, w as $28.9 million at June 30, 2015 . The table shows broadcast rights payments due in succeeding fiscal years: Years ending June 30, Recorded Commitments Unavailable Rights (In thousands) 2016 $ 4,776 $ 10,874 2017 1,734 10,719 2018 654 7,174 2019 330 1,286 2020 142 208 Thereafter 138 35 Total amounts payable $ 7,774 $ 30,296 The Company is involved in certain litigation and claims arising in the normal course of business. In the opinion of management, liabilities, if any, arising from existing litigation and claims are not expected to have a material effect on the Company's earnings, financial position, or liquidity.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	12 Months Ended
	Jun. 30, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity during a period from transactions and other events and circumstances from nonowner sources. Comprehensive income (loss) includes net earnings as well as items of other comprehensive income (loss). The following table summarizes the items of other comprehensive income (loss) and the accumulated other comprehensive loss balances: Minimum Pension/Post Retirement Liability Adjustments Interest Accumulated (In thousands) Balance at June 30, 2012 $ (23,115 ) $ — $ (23,115 ) Current-year adjustments, pretax 10,997 — 10,997 Tax expense (4,223 ) — (4,223 ) Other comprehensive loss 6,774 — 6,774 Balance at June 30, 2013 (16,341 ) — (16,341 ) Current-year adjustments, pretax 12,310 — 12,310 Tax expense (4,727 ) — (4,727 ) Other comprehensive income 7,583 — 7,583 Balance at June 30, 2014 (8,758 ) — (8,758 ) Current-year adjustments, pretax (4,206 ) (2,109 ) (6,315 ) Tax benefit 1,615 810 2,425 Other comprehensive income (2,591 ) (1,299 ) (3,890 ) Balance at June 30, 2015 $ (11,349 ) $ (1,299 ) $ (12,648 )

Fair Value Measurement

Fair Value Measurement	12 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement Accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Specifically, it establishes a hierarchy prioritizing the use of inputs in valuation techniques. The defined levels within the hierarchy are as follows: • 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: June 30, 2015 June 30, 2014 (In thousands) Carrying Value Fair Value Carrying Value Fair Value Broadcast rights payable $ 7,774 $ 7,490 $ 8,838 $ 8,408 Long-term debt 795,000 797,121 715,000 717,032 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. As of June 30, 2015 , the Company had assets related to its qualified pension plans measured at fair value. The required disclosures regarding such assets are presented within Note 8. In addition, the Company has liabilities related to contingent consideration payables that are valued at estimated fair value as discussed in Note 2. The Company does not have any other assets or liabilities recognized at fair value. The following table sets forth the liabilities measured at fair value on a recurring basis: (In thousands) June 30, 2015 June 30, 2014 Other assets Interest rate swaps $ 1,139 $ — Accrued expenses and other liabilities Contingent consideration 800 50 Interest rate swaps 3,295 — Other noncurrent liabilities Contingent consideration 60,735 1,650 The fair value of interest rate swaps is determined based on discounted cash flows derived using market observable inputs including swap curves that are included in Level 2. The fair value of the contingent consideration is based on significant inputs not observable in the market and thus represents Level 3 measurements. The following table represents the changes in the fair value of Level 3 contingent consideration for the year ended June 30, 2015 . (in thousands) Balance at beginning of year $ 1,700 Additions due to acquisitions 61,335 Change in present value of contingent consideration 1 (1,500 ) Balance at end of year $ 61,535 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 Ind

Financial Information about Industry Segments	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Financial Information about Industry Segments	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. The national media segment includes magazine publishing, customer relationship marketing, digital and mobile media, brand licensing, database-related activities, and other related operations. The local media segment consists primarily of the operations of network-affiliated television stations. Virtually all of the Company's revenues are generated in the U.S. and substantially all of the assets reside within the U.S. There are no material intersegment transactions. There are two principal financial measures reported to the chief executive officer (the chief operating decision maker) for use in assessing segment performance and allocating resources. Those measures are operating profit and earnings before interest, taxes, depreciation, and amortization (EBITDA). Operating profit for segment reporting, disclosed below, is revenues less operating costs and 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 attributable to the operating groups. Interest income and expense are not allocated to the segments. In accordance with authoritative guidance on disclosures about segments of an enterprise and related information, EBITDA is not presented below. Significant non-cash items included in segment operating expenses other than depreciation and amortization of fixed and intangible assets is the amortization of broadcast rights in the local media segment. Broadcast rights amortization totaled $16.6 million in fiscal 2015 , $8.8 million in fiscal 2014 , and $9.7 million in fiscal 2013 . Segment assets include intangible, fixed, and all other non-cash assets identified with each segment. Jointly used assets such as office buildings and information technology equipment are allocated to the segments by appropriate methods, primarily number of employees. Unallocated corporate assets consist primarily of cash and cash items, assets allocated to or identified with corporate staff departments, and other miscellaneous assets not assigned to a segment. The following table presents financial information by segment: Years ended June 30, 2015 2014 2013 (In thousands) Revenues National media $ 1,059,852 $ 1,065,898 $ 1,095,195 Local media 534,324 402,810 376,145 Total revenues $ 1,594,176 $ 1,468,708 $ 1,471,340 Segment profit National media $ 122,681 $ 113,113 $ 137,985 Local media 162,677 113,060 124,116 Unallocated corporate (43,246 ) (39,658 ) (51,267 ) Income from operations 242,112 186,515 210,834 Interest expense, net (19,352 ) (12,176 ) (13,430 ) Earnings before income taxes $ 222,760 $ 174,339 $ 197,404 Depreciation and amortization National media $ 17,186 $ 29,455 $ 19,199 Local media 38,779 28,815 24,471 Unallocated corporate 1,839 1,658 1,680 Total depreciation and amortization $ 57,804 $ 59,928 $ 45,350 Assets National media $ 1,665,542 $ 1,422,855 $ 1,454,225 Local media 1,072,152 996,935 587,611 Unallocated corporate 105,588 124,010 98,223 Total assets $ 2,843,282 $ 2,543,800 $ 2,140,059 Capital expenditures National media $ 4,829 $ 5,491 $ 6,455 Local media 23,224 16,578 14,688 Unallocated corporate 5,192 2,753 4,826 Total capital expenditures $ 33,245 $ 24,822 $ 25,969

Selected Quarterly Financial Da

Selected Quarterly Financial Data (unaudited)	12 Months Ended
	Jun. 30, 2015
Selected Quarterly Financial Information [Abstract]
Selected Quarterly Financial Data (unaudited)	Selected Quarterly Financial Data (unaudited) Year ended June 30, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Total (In thousands except per share data) Revenues National media $ 246,326 $ 242,381 $ 275,298 $ 295,847 $ 1,059,852 Local media 124,858 156,524 122,881 130,061 534,324 Total revenues $ 371,184 $ 398,905 $ 398,179 $ 425,908 $ 1,594,176 Operating profit National media $ 28,895 $ 26,107 $ 23,460 $ 44,219 $ 122,681 Local media 36,312 54,986 31,420 39,959 162,677 Unallocated corporate (12,355 ) (12,231 ) (7,774 ) (10,886 ) (43,246 ) Income from operations $ 52,852 $ 68,862 $ 47,106 $ 73,292 $ 242,112 Net earnings $ 29,365 $ 39,591 $ 25,256 $ 42,579 $ 136,791 Basic earnings per share 0.66 0.89 0.57 0.95 3.07 Diluted earnings per share 0.65 0.87 0.56 0.94 3.02 Dividends per share 0.4325 0.4325 0.4575 0.4575 1.7800 In the second quarter of fiscal 2015, the Company recorded a pre-tax restructuring charge of $6.7 million . In the third quarter of fiscal 2015, the Company recorded a pre-tax restructuring charge of $9.9 million . Year ended June 30, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter Total (In thousands except per share data) Revenues National media $ 266,899 $ 249,694 $ 269,680 $ 279,625 $ 1,065,898 Local media 89,553 104,354 97,734 111,169 402,810 Total revenues $ 356,452 $ 354,048 $ 367,414 $ 390,794 $ 1,468,708 Operating profit National media $ 28,076 $ 28,070 $ 13,614 $ 43,353 $ 113,113 Local media 25,676 35,225 26,696 25,463 113,060 Unallocated corporate (10,944 ) (11,394 ) (9,081 ) (8,239 ) (39,658 ) Income from operations $ 42,808 $ 51,901 $ 31,229 $ 60,577 $ 186,515 Net earnings $ 24,041 $ 30,569 $ 18,486 $ 40,445 $ 113,541 Basic earnings per share 0.54 0.68 0.41 0.91 2.54 Diluted earnings per share 0.53 0.67 0.41 0.89 2.50 Dividends per share 0.4075 0.4075 0.4325 0.4325 1.6800 In the second quarter of fiscal 2014, the Company recorded $1.6 million in acquisition transaction costs. Also in the second quarter, the Company recorded a reduction in contingent consideration payable of $1.1 million . In the third quarter of fiscal 2014, the Company recorded a pre-tax restructuring charge of $20.8 million and acquisition transaction costs of $1.5 million . Also in the third quarter, the Company recorded a reduction in contingent consideration payable of $2.3 million and $1.4 million in reversals of excess restructuring reserves accrued in prior fiscal years. In the fourth quarter of fiscal 2014, the Company recorded a pre-tax restructuring charge of $3.7 million and acquisition transaction costs $2.4 million . The Company recorded a reduction in contingent consideration payable of $2.3 million in the fourth quarter of fiscal 2014.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2015
Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS Additions Reserves Deducted from Receivables in the Consolidated Financial Statements: Balance at beginning of period Charged to costs and expenses Charged to other accounts Deductions Balance at end of period (In thousands) Fiscal year ended June 30, 2015 Reserve for doubtful accounts $ 5,464 $ 5,044 $ — $ (3,985 ) $ 6,523 Reserve for returns 2,349 4,747 — (5,124 ) 1,972 Total $ 7,813 $ 9,791 $ — $ (9,109 ) $ 8,495 Fiscal year ended June 30, 2014 Reserve for doubtful accounts $ 6,653 $ 3,177 $ — $ (4,366 ) $ 5,464 Reserve for returns 3,906 4,662 — (6,219 ) 2,349 Total $ 10,559 $ 7,839 $ — $ (10,585 ) $ 7,813 Fiscal year ended June 30, 2013 Reserve for doubtful accounts $ 9,126 $ 3,099 $ — $ (5,572 ) $ 6,653 Reserve for returns 4,310 14,261 — (14,665 ) 3,906 Total $ 13,436 $ 17,360 $ — $ (20,237 ) $ 10,559

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Principles of Consolidation	The consolidated financial statements include the accounts of Meredith Corporation and its wholly owned subsidiaries. Significant intercompany balances and transactions are eliminated. Meredith does not have any off-balance sheet financing activities. The Company's use of special-purpose entities is limited to Meredith Funding Corporation, whose activities are fully consolidated in Meredith's consolidated financial statements (See Note 6).
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. The Company bases its estimates on historical experience, management expectations for future performance, and other assumptions as appropriate. Key areas affected by estimates include the assessment of the recoverability of long-lived assets, including goodwill and other intangible assets, which is based on such factors as estimated future cash flows; the determination of the net realizable value of broadcast rights, which is based on estimated future revenues; provisions for returns of magazines sold, which are based on historical experience and current marketplace conditions; pension and postretirement benefit expenses, which are actuarially determined and include assumptions regarding discount rates, expected returns on plan assets, and rates of increase in compensation and healthcare costs; and share-based compensation expense, which is based on numerous assumptions including future stock price volatility and employees' expected exercise and post-vesting employment termination behavior. While the Company re-evaluates its estimates on an ongoing basis, actual results may vary from those estimates.
Cash and Cash Equivalents	Cash and short-term investments with original maturities of three months or less are considered to be cash and cash equivalents. Cash and cash equivalents are stated at cost, which approximates fair value.
Accounts Receivable	The Company's accounts receivable are primarily due from advertisers. Credit is extended to clients based on an evaluation of each client's creditworthiness and financial condition; collateral is not required. The Company maintains allowances for uncollectible accounts, rebates, rate adjustments, returns, and discounts. The allowance for uncollectible accounts is based on the aging of such receivables and any known specific collectability exposures. Accounts are written off when deemed uncollectible. Allowances for rebates, rate adjustments, returns, and discounts are generally based on historical experience and current market conditions. Concentration of credit risk with respect to accounts receivable is generally limited due to the large number of geographically diverse clients and individually small balances.
Inventories	Inventories are stated at the lower of cost or market. Cost is determined on the last-in first-out (LIFO) basis for paper and on the first-in first-out or average basis for all other inventories.
Subscription Acquisition Costs	Subscription acquisition costs primarily represent magazine agency commissions. These costs are deferred and amortized over the related subscription term, typically one to two years . In addition, direct-response advertising costs that are intended to solicit subscriptions and are expected to result in probable future benefits are capitalized. These costs are amortized over the period during which future benefits are expected to be received. The asset balance of the capitalized direct-response advertising costs is reviewed quarterly to ensure the amount is realizable. Any write-downs resulting from this review are expensed as subscription acquisition advertising costs in the current period.
Property, Plant, and Equipment	Property, plant, and equipment are stated at cost. Costs of replacements and major improvements are capitalized, and maintenance and repairs are charged to operations as incurred. Depreciation expense is provided primarily by the straight-line method over the estimated useful lives of the assets: 5 - 45 years for buildings and improvements and 3 - 20 years for machinery and equipment. The costs of leasehold improvements are amortized over the lesser of the useful lives or the terms of the respective leases.
Broadcast Rights	Broadcast rights consist principally of rights to broadcast syndicated programs, sports, and feature films. The total cost of these rights is recorded as an asset and as a liability when programs become available for broadcast. The current portion of broadcast rights represents those rights available for broadcast that are expected to be amortized in the succeeding year. These rights are valued at the lower of unamortized cost or estimated net realizable value, and are generally charged to operations on an accelerated basis over the contract period. Impairments of unamortized costs to net realizable value are included in production, distribution, and editorial expenses in the accompanying Consolidated Statements of Earnings. There were no impairments to unamortized costs in fiscals 2015 , 2014 , or 2013 . Future write-offs can vary based on changes in consumer viewing trends and the availability and costs of other programming.
Intangible Assets and Goodwill	Amortizable intangible assets consist primarily of network affiliation agreements, advertiser relationships, and customer lists. Intangible assets with finite lives are amortized over their estimated useful lives. The useful life of an intangible asset is the period over which the asset is expected to contribute directly or indirectly to future cash flows. Network affiliation agreements are amortized over the period of time the agreements are expected to remain in place, assuming renewals without material modifications to the original terms and conditions (generally 25 to 40 years from the original acquisition date). Other intangible assets are amortized over their estimated useful lives, ranging from 1 to 10 years . Intangible assets with indefinite lives include Federal Communications Commission (FCC) broadcast licenses. These licenses are granted for a term of up to eight years , but are renewable if the Company provides at least an average level of service to its customers and complies with the applicable FCC rules and policies and the Communications Act of 1934. The Company has been successful in every one of its past license renewal requests and has incurred only minimal costs in the process. The Company expects the television broadcasting business to continue indefinitely; therefore, the cash flows from the broadcast licenses are also expected to continue indefinitely. Goodwill and certain other intangible assets (FCC broadcast licenses and trademarks), which have indefinite lives, are not amortized but tested for impairment annually or when events occur or circumstances change that would indicate the carrying value exceeds the fair value. The review of goodwill is performed at the reporting unit level. The Company has three reporting units, local media, magazine brands, and Meredith Xcelerated Marketing (MXM). We also assess, at least annually, whether assets classified as indefinite-lived intangible assets continue to have indefinite lives. At May 31, 2015, the date the Company last performed our annual evaluation of impairment of goodwill, management elected to perform the two-step goodwill impairment test for all reporting units. The first step of this test is to compare the fair value of a reporting unit to its carrying value. In reviewing other indefinite-lived intangible assets for impairment, the Company compares the fair value of the asset to the asset’s carrying value. Fair value is determined using a discounted cash flow model, which requires us to estimate the future cash flows expected to be generated by the reporting unit or to result from the use of the asset. These estimates include assumptions about future revenues (including projections of overall market growth and our share of market), estimated costs, and appropriate discount rates where applicable. Our assumptions are based on historical data, various internal estimates, and a variety of external sources and are consistent with the assumptions used in both our short-term financial forecasts and long-term strategic plans. Depending on the assumptions and estimates used, future cash flow projections can vary within a range of outcomes. Changes in key assumptions about the local media, magazine brands, and MXM and their prospects or changes in market conditions could result in an impairment charge.
Impairment of Long-lived Assets	Long-lived assets (primarily property, plant, and equipment and amortizable intangible assets) are reviewed for impairment whenever events and circumstances indicate the carrying value of an asset may not be recoverable. Recoverability is measured by comparison of the forecasted undiscounted cash flows of the operation to which the assets relate to the carrying amount of the assets. Tests for impairment or recoverability require significant management judgment, and future events affecting cash flows and market conditions could result in impairment losses.
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 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.
Revenue Recognition	The Company's primary source of revenue is advertising. Other sources include circulation and other revenues. Advertising revenues— Advertising revenues are recognized when advertisements are published (defined as an issue's on-sale date) or aired by the broadcasting station, net of agency commissions and net of provisions for estimated rebates, rate adjustments, and discounts. Barter revenues are included in advertising revenue and are also recognized when the commercials are broadcast. Barter advertising revenues and the offsetting expense are recognized at the fair value of the advertising surrendered, as determined by similar cash transactions. Barter advertising revenues were not material in any period. Website advertising revenues are recognized ratably over the contract period or as services are delivered. Circulation revenues— Circulation revenues include magazine single copy and subscription revenue. Single copy revenue is recognized upon publication, net of provisions for estimated returns. The Company bases its estimates for returns on historical experience and current marketplace conditions. Revenues from magazine subscriptions are deferred and recognized proportionately as products are distributed to subscribers. Other revenues— Revenues from customer relationship marketing and other custom programs are recognized when the products or services are delivered. In addition, the Company participates in certain arrangements containing multiple deliverables. The guidance for accounting for multiple-deliverable arrangements requires that overall arrangement consideration be allocated to each deliverable (unit of accounting) in the revenue arrangement based on the relative selling price as determined by vendor specific objective evidence, third-party evidence, or estimated selling price. The related revenue is recognized when each specific deliverable of the arrangement is delivered. Brand licensing-based revenues are accrued generally monthly or quarterly based on the specific mechanisms of each contract. Payments are generally made by the Company's partners on a quarterly basis. Generally, revenues are accrued based on estimated sales and adjusted as actual sales are reported by partners. These adjustments are typically recorded within three months of the initial estimates and have not been material. Any minimum guarantees are typically earned evenly over the fiscal year. Retransmission revenues are recognized over the contract period based on the negotiated fee. In certain instances, revenues are recorded gross in accordance with GAAP although the Company receives cash for a lesser amount due to the netting of certain expenses. Amounts received from customers in advance of revenue recognition are deferred as liabilities and recognized as revenue in the period earned.
Contingent Consideration	The Company estimates and records the acquisition date estimated fair value of contingent consideration as part of purchase price consideration for acquisitions. Additionally, each reporting period, the Company estimates changes in the fair value of contingent consideration, and any change in fair value is recognized in the Consolidated Statement of Earnings. An increase in the earn-out expected to be paid will result in a charge to operations in the quarter that the anticipated fair value of contingent consideration increases, while a decrease in the earn-out expected to be paid will result in a credit to operations in the quarter that the anticipated fair value of contingent consideration decreases. The estimate of the fair value of contingent consideration requires subjective assumptions to be made of future operating results, discount rates, and probabilities assigned to various potential operating result scenarios. Future revisions to these assumptions could materially change the estimate of the fair value of contingent consideration and, therefore, materially affect the Company’s future financial results.
Advertising Expenses	The majority of the Company's advertising expenses relate to direct-mail costs for magazine subscription acquisition efforts. Advertising costs that are not capitalized are expensed the first time the advertising takes place.
Share-based Compensation	The Company establishes fair value for its equity awards to determine their cost and recognizes the related expense over the appropriate vesting period. The Company recognizes expense for stock options, restricted stock, restricted stock units, and shares issued under the Company's employee stock purchase plan.
Income Taxes	The income tax provision is calculated under the liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period when such a change is enacted. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50 percent likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs.
Self-Insurance	The Company self-insures for certain medical claims, and its responsibility generally is capped through the use of a stop loss contract with an insurance company at a certain dollar level (usually $300 thousand ). A third-party administrator is used to process claims. The Company uses actual claims data and estimates of incurred-but-not-reported claims to calculate estimated liabilities for unsettled claims on an undiscounted basis. Although management re-evaluates the assumptions and reviews the claims experience on an ongoing basis, actual claims paid could vary significantly from estimated claims.
Pension and Postretirement Benefits Other Than Pensions	Retirement benefits are provided to employees through pension plans sponsored by the Company. Pension benefits are primarily a function of both the years of service and the level of compensation for a specified number of years. It is the Company's policy to fund the qualified pension plans to at least the extent required to maintain their fully funded status. In addition, the Company provides health care and life insurance benefits for certain retired employees, the expected costs of which are accrued over the years that the employees render services. It is the Company's policy to fund postretirement benefits as claims are paid.
Comprehensive Income	Comprehensive income consists of net earnings and other gains and losses affecting shareholders' equity that, under GAAP, are excluded from net earnings. Other comprehensive income (loss) includes changes in prior service cost and net actuarial losses from pension and postretirement benefit plans, net of taxes, and changes in the fair value of interest rate swap agreements, net of taxes, to the extent that they are effective.
Earnings Per Share	Basic earnings per share is calculated by dividing net earnings by the weighted average common and Class B shares outstanding. Diluted earnings per share is calculated similarly but includes the dilutive effect, if any, of the assumed exercise of securities, including the effect of shares issuable under the Company's share-based incentive plans.
Adopted Accounting Pronouncements	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 are 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 Consolidated Balance Sheets. In April 2015, the FASB issued guidance related to disclosures for investments in certain entities that calculate net asset value (NAV) per share. This guidance eliminates the requirement to categorize investments in the fair value hierarchy if their fair value is measured at NAV per share. The r eporting entity must disclose the amount of investments measured at NAV to allow users to reconcile total investments in the fair value hierarchy to total investments measured at fair value in the Consolidated Balance Sheets. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted this update for the year ended June 30, 2015. The adoption of this guidance required a change in the format of a disclosure only and did not have an impact on our results. Pending Accounting Pronouncements —In May 2014, the FASB issued an accounting standards update that replaces existing revenue recognition guidance. The new guidance requires a company to recognize revenue for the transfer of promised goods or services equal to the amount it expects to receive in exchange for those goods or services. Additionally, the guidance requires enhanced disclosures about the nature, amount, timing, and uncertainty of revenue and cash flows from customer contracts. This guidance will be effective for in the Company in the first quarter of fiscal 2019. Early application is not permitted and companies may chose either a full retrospective or cumulative effect method of adoption. The Company is evaluating the method of adoption and the impact the guidance will have on our results of operations and financial position. In April 2015, the FASB issued guidance on the presentation of debt issuance costs. The new standard requires that debt issuance costs be 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 consolidated financial statements. In April 2015, the FASB issued guidance on the presentation of cloud computing arrangements that include a software license. The new guidance requires capitalization of the software license fee as internal-use software if certain criteria are met, otherwise the costs are expensed as incurred. The standard is effective for the Company in the first quarter of fiscal 2017. Early adoption is permitted and companies can chose either prospective adoption to arrangements entered into or materially modified after the effective date, or full retrospective adoption. Adoption of the new guidance is not expected to have a material impact on the consolidated financial statements. In June 2015, the FASB issued an accounting standards update that made technical corrections to the FASB Accounting Standards Codification. These technical corrections are divided into four categories: amendments related to differences between original guidance and the codification, guidance clarification and reference corrections, minor structural changes to simplify the codification, and minor improvements that are not expected to have a significant impact on current accounting practice. The amendments are effective for the Company in the first quarter of fiscal 2017 with early adoption permitted. All other changes are effective upon the issuance of the guidance. Adoption of the amendments is not expected to have a material impact on the consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed by segment during the year ended June 30, 2015 : (In thousands) Local Media Acquisitions National Media Acquisitions Total Accounts receivable $ 5,162 $ 4,323 $ 9,485 Current portion of broadcast rights 1,582 — 1,582 Other current assets 133 1,036 1,169 Property, plant, and equipment 14,391 130 14,521 Other noncurrent assets 1,907 3,055 4,962 Intangible assets 107,476 70,350 177,826 Total identifiable assets acquired 130,651 78,894 209,545 Deferred subscription revenue — (51,264 ) (51,264 ) Current portion of broadcast rights (1,582 ) — (1,582 ) Other current liabilities (1,378 ) (6,808 ) (8,186 ) Long-term liabilities (5,242 ) (59,634 ) (64,876 ) Total liabilities assumed (8,202 ) (117,706 ) (125,908 ) Net identifiable assets acquired 122,449 (38,812 ) 83,637 Goodwill 17,320 143,433 160,753 Net assets acquired $ 139,769 $ 104,621 $ 244,390	The following table summarizes the total estimated fair values of the assets acquired and liabilities assumed: (In thousands) Accounts receivable $ 18,934 Current portion of broadcast rights 6,495 Other current assets 1,015 Property, plant, and equipment 31,719 Other noncurrent assets 10,186 Intangible assets 251,325 Total identifiable assets acquired 319,674 Current portion of broadcast rights (6,495 ) Other current liabilities (309 ) Long-term liabilities (10,184 ) Total liabilities assumed (16,988 ) Net identifiable assets acquired 302,686 Goodwill 51,456 Net assets acquired $ 354,142
Schedule of Acquired Intangible Assets by Acquisition	The following table provides details of the acquired intangible assets by acquisition: (In thousands) WGGB Martha Stewart Mywedding WALA Selectable Media Shape Meredith Shopper Marketing Total Intangible assets subject to amortization National media Advertiser relationships $ — $ 3,200 $ 1,600 $ — $ 2,250 $ 6,700 $ — $ 13,750 Customer lists — 1,850 — — — 1,200 — 3,050 Other — — — — 2,450 700 1,200 4,350 Local media Retransmission agreements 761 — — 3,193 — — — 3,954 Other 70 — — 121 — — — 191 Total 831 5,050 1,600 3,314 4,700 8,600 1,200 25,295 Intangible assets not subject to amortization National media Trademarks — — 5,300 — — 37,900 — 43,200 Internet domain names — — — — — 6,000 — 6,000 Local media FCC licenses 33,116 — — 70,215 — — — 103,331 Total 33,116 — 5,300 70,215 — 43,900 — 152,531 Intangible assets, net $ 33,947 $ 5,050 $ 6,900 $ 73,529 $ 4,700 $ 52,500 $ 1,200 $ 177,826	The following table provides details of the acquired intangible assets by acquisition: (In thousands) KMOV KTVK Total Intangible assets subject to amortization Network affiliation agreements $ 10,750 $ — $ 10,750 Retransmission agreements 3,250 14,026 17,276 Other 7 1,014 1,021 Total 14,007 15,040 29,047 Intangible assets not subject to amortization FCC licenses 101,973 120,305 222,278 Intangible assets, total $ 115,980 $ 135,345 $ 251,325

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	June 30, 2015 2014 (In thousands) Raw materials $ 13,900 $ 11,993 Work in process 12,053 13,398 Finished goods 2,428 2,814 28,381 28,205 Reserve for LIFO cost valuation (3,700 ) (4,197 ) Inventories $ 24,681 $ 24,008

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Intangible assets consist of the following: June 30, 2015 2014 (In thousands) Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Intangible assets subject to amortization National media Advertiser relationships $ 20,879 $ (7,660 ) $ 13,219 $ 8,752 $ (6,069 ) $ 2,683 Customer lists 9,120 (6,679 ) 2,441 16,257 (14,852 ) 1,405 Other 20,675 (7,361 ) 13,314 17,105 (5,608 ) 11,497 Local media Network affiliation agreements 229,309 (129,362 ) 99,947 228,314 (122,888 ) 105,426 Retransmission agreements 21,229 (3,454 ) 17,775 17,404 (188 ) 17,216 Other 1,212 (126 ) 1,086 1,020 — 1,020 Total $ 302,424 $ (154,642 ) 147,782 $ 288,852 $ (149,605 ) 139,247 Intangible assets not subject to amortization National media Internet domain names 7,827 1,827 Trademarks 192,089 148,889 Local media FCC licenses 624,684 523,334 Total 824,600 674,050 Intangible assets, net $ 972,382 $ 813,297
Schedule of Indefinite-Lived Intangible Assets	Intangible assets consist of the following: June 30, 2015 2014 (In thousands) Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Intangible assets subject to amortization National media Advertiser relationships $ 20,879 $ (7,660 ) $ 13,219 $ 8,752 $ (6,069 ) $ 2,683 Customer lists 9,120 (6,679 ) 2,441 16,257 (14,852 ) 1,405 Other 20,675 (7,361 ) 13,314 17,105 (5,608 ) 11,497 Local media Network affiliation agreements 229,309 (129,362 ) 99,947 228,314 (122,888 ) 105,426 Retransmission agreements 21,229 (3,454 ) 17,775 17,404 (188 ) 17,216 Other 1,212 (126 ) 1,086 1,020 — 1,020 Total $ 302,424 $ (154,642 ) 147,782 $ 288,852 $ (149,605 ) 139,247 Intangible assets not subject to amortization National media Internet domain names 7,827 1,827 Trademarks 192,089 148,889 Local media FCC licenses 624,684 523,334 Total 824,600 674,050 Intangible assets, net $ 972,382 $ 813,297
Schedule of Goodwill	Changes in the carrying amount of goodwill were as follows: (In thousands) National Local Total Balance at June 30, 2013 $ 788,854 $ — $ 788,854 Acquisitions 184 51,823 52,007 Balance at June 30, 2014 789,038 51,823 840,861 Acquisitions 143,433 16,952 160,385 Balance at June 30, 2015 $ 932,471 $ 68,775 $ 1,001,246

Restructuring Accrual (Tables)

Restructuring Accrual (Tables)	12 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs	Details of changes in the Company's restructuring accrual are as follows: Years ended June 30, 2015 2014 (In thousands) Balance at beginning of year $ 13,545 $ 8,103 Severance accrual 14,670 11,915 Other accruals 285 1,141 Cash payments (12,664 ) (6,258 ) Reversal of excess accrual (105 ) (1,356 ) Balance at end of year $ 15,731 $ 13,545

Long-term Debt (Tables)

Long-term Debt (Tables)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consists of the following: June 30, 2015 2014 (In thousands) 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 77,500 20,000 Term loan of $250 million, due 3/27/2019 237,500 250,000 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 795,000 715,000 Current portion of long-term debt (62,500 ) (87,500 ) Long-term debt $ 732,500 $ 627,500
Schedule of Maturities of Long-term Debt	The following table shows principal payments on the debt due in succeeding fiscal years: Years ending June 30, (In thousands) 2016 $ 62,500 2017 75,000 2018 75,000 2019 332,500 2020 — Thereafter 250,000 Total long-term debt $ 795,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The following table shows income tax expense (benefit) attributable to earnings before income taxes: Years ended June 30, 2015 2014 2013 (In thousands) Currently payable Federal $ 39,429 $ 37,615 $ 30,604 State 4,583 2,764 1,419 Foreign 35 37 42 44,047 40,416 32,065 Deferred Federal 36,314 18,138 35,383 State 5,608 2,386 6,453 Foreign — (142 ) (147 ) 41,922 20,382 41,689 Income taxes $ 85,969 $ 60,798 $ 73,754
Schedule of Effective Income Tax Rate Reconciliation	The differences between the statutory U.S. federal income tax rate and the effective tax rate were as follows: Years ended June 30, 2015 2014 2013 U.S. statutory tax rate 35.0 % 35.0 % 35.0 % State income taxes, less federal income tax benefits 2.9 2.2 3.0 Settlements - audits / tax litigation (0.1 ) (0.3 ) (1.6 ) Restructuring of international operations — (2.5 ) — Other 0.8 0.5 1.0 Effective income tax rate 38.6 % 34.9 % 37.4 %
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that gave rise to deferred tax assets and deferred tax liabilities were as follows: June 30, 2015 2014 (In thousands) Deferred tax assets Accounts receivable allowances and return reserves $ 15,670 $ 15,964 Compensation and benefits 35,850 34,320 Indirect benefit of uncertain state and foreign tax positions 9,925 10,875 All other assets 7,068 5,174 Total deferred tax assets 68,513 66,333 Valuation allowance (1,808 ) (1,742 ) Net deferred tax assets 66,705 64,591 Deferred tax liabilities Subscription acquisition costs 87,036 76,359 Accumulated depreciation and amortization 288,952 255,936 Deferred gains from dispositions 23,908 24,048 All other liabilities 6,842 4,907 Total deferred tax liabilities 406,738 361,250 Net deferred tax liability $ 340,033 $ 296,659
Summary of Income Tax Contingencies	A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows: Years ended June 30, 2015 2014 (In thousands) Balance at beginning of year $ 37,995 $ 42,402 Increases in tax positions for prior years — 327 Decreases in tax positions for prior years (2,028 ) (699 ) Increases in tax positions for current year 5,686 5,756 Settlements (1,853 ) (652 ) Lapse in statute of limitations (3,881 ) (9,139 ) Balance at end of year $ 35,919 $ 37,995

Pension and Postretirement Be33

Pension and Postretirement Benefit Plans (Tables)	12 Months Ended
	Jun. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Funded Status	The following tables present changes in, and components of, the Company's net assets/liabilities for pension and other postretirement benefits: Pension Postretirement June 30, 2015 2014 2015 2014 (In thousands) Change in benefit obligation Benefit obligation, beginning of year $ 152,608 $ 140,549 $ 10,445 $ 12,302 Service cost 12,173 10,196 117 170 Interest cost 5,582 5,604 407 480 Participant contributions — — 802 842 Plan amendments — 915 — (1,732 ) Actuarial loss (gain) (1,996 ) 4,083 (1,007 ) (114 ) Benefits paid (including lump sums) (12,940 ) (8,739 ) (1,356 ) (1,503 ) Benefit obligation, end of year $ 155,427 $ 152,608 $ 9,408 $ 10,445 Change in plan assets Fair value of plan assets, beginning of year $ 145,179 $ 128,267 $ — $ — Actual return on plan assets 3,857 25,117 — — Employer contributions 5,490 534 554 661 Participant contributions — — 802 842 Benefits paid (including lump sums) (12,940 ) (8,739 ) (1,356 ) (1,503 ) Fair value of plan assets, end of year $ 141,586 $ 145,179 $ — $ — Under funded status, end of year $ (13,841 ) $ (7,429 ) $ (9,408 ) $ (10,445 )
Pension Plan Assets Fair Value by Asset Category	Fair value measurements for pension assets as of June 30, 2015 , were as follows: June 30, 2015 Total Fair Value Quoted Prices (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments in registered investment companies 1 $ 140,983 $ 80,229 $ — $ — Pooled separate accounts 1 603 — — — Total assets at fair value $ 141,586 $ 80,229 $ — $ — 1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair Fair value measurements for pension assets as of June 30, 2014 , were as follows: June 30, 2014 Total Fair Value Quoted Prices (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments in registered investment companies 1 $ 144,619 $ 85,509 $ — $ — Pooled separate accounts 1 560 — — — Total assets at fair value $ 145,179 $ 85,509 $ — $ — 1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented as the change in plan assets.
Schedule of Amounts Recognized In Balance Sheet	The following amounts are recognized in the Consolidated Balance Sheets: Pension Postretirement June 30, 2015 2014 2015 2014 (In thousands) Other assets Prepaid benefit cost $ 18,071 $ 23,078 $ — $ — Accrued expenses-compensation and benefits Accrued benefit liability (2,780 ) (2,408 ) (700 ) (770 ) Other noncurrent liabilities Accrued benefit liability (29,132 ) (28,099 ) (8,708 ) (9,675 ) Net amount recognized, end of year $ (13,841 ) $ (7,429 ) $ (9,408 ) $ (10,445 )
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets	The following table provides information about pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets: June 30, 2015 2014 (In thousands) Projected benefit obligation $ 32,012 $ 30,550 Accumulated benefit obligation 29,099 26,379 Fair value of plan assets 100 44
Schedule of Net Benefit Costs	The components of net periodic benefit costs recognized in the Consolidated Statements of Earnings were as follows: Pension Postretirement Years ended June 30, 2015 2014 2013 2015 2014 2013 (In thousands) Components of net periodic benefit costs Service cost $ 12,173 $ 10,196 $ 10,100 $ 117 $ 170 $ 377 Interest cost 5,582 5,604 4,911 407 480 611 Expected return on plan assets (11,037 ) (9,687 ) (9,465 ) — — — Prior service cost (credit) amortization 225 391 359 (432 ) (440 ) (537 ) Actuarial loss (gain) amortization 667 2,030 3,250 (433 ) (365 ) — Curtailment credit — — — — (1,511 ) — Net periodic benefit costs (credit) $ 7,610 $ 8,534 $ 9,155 $ (341 ) $ (1,666 ) $ 451
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)	Amounts recognized in the accumulated other comprehensive loss component of shareholders' equity for Company-sponsored plans were as follows: June 30, 2015 Pension Postretirement Total (In thousands) Unrecognized net actuarial losses (gains), net of taxes $ 12,733 $ (2,070 ) $ 10,663 Unrecognized prior service cost (credit), net of taxes 589 (716 ) (127 ) Total $ 13,322 $ (2,786 ) $ 10,536
Schedule of Assumptions Used	Benefit obligations were determined using the following weighted average assumptions: Pension Postretirement June 30, 2015 2014 2015 2014 Weighted average assumptions Discount rate 3.75 % 3.57 % 4.20 % 4.00 % Rate of compensation increase 3.50 % 3.50 % 3.50 % 3.50 % Rate of increase in health care cost levels Initial level NA NA 7.00 % 7.00 % Ultimate level NA NA 5.00 % 5.00 % Years to ultimate level NA NA 6 years 4 years NA-Not applicable Net periodic benefit costs were determined using the following weighted average assumptions: Pension Postretirement Years ended June 30, 2015 2014 2013 2015 2014 2013 Weighted average assumptions Discount rate 3.57 % 3.92 % 3.50 % 4.00 % 4.50 % 4.10 % Expected return on plan assets 8.00 % 8.00 % 8.00 % NA NA NA Rate of compensation increase 3.50 % 3.50 % 3.50 % 3.50 % 3.50 % 3.50 % Rate of increase in health care cost levels Initial level NA NA NA 7.00 % 7.50 % 8.00 % Ultimate level NA NA NA 5.00 % 5.00 % 5.00 % Years to ultimate level NA NA NA 4 years 5 years 6 years NA-Not applicable
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	Assumed rates of increase in healthcare cost have a significant effect on the amounts reported for the healthcare plans. A change of one percentage point in the assumed healthcare cost trend rates would have the following effects: One Percentage Point Increase One Percentage Point Decrease (In thousands) Effect on service and interest cost components for fiscal 2015 $ 26 $ (26 ) Effect on postretirement benefit obligation as of June 30, 2015 408 (335 )
Schedule of Targeted and Weighted Average Asset Allocations by Assets Category for Investments Pension Plans	The targeted and weighted average asset allocations by asset category for investments held by the Company's pension plans are as follows: 2015 Allocation 2014 Allocation June 30, Target Actual Target Actual Domestic equity securities 35 % 35 % 35 % 36 % Fixed income investments 30 % 29 % 30 % 27 % International equity securities 25 % 25 % 25 % 26 % Global equity securities 10 % 11 % 10 % 11 % Fair value of plan assets 100 % 100 % 100 % 100 %
Schedule of Expected Benefit Payments	The following benefit payments, which reflect expected future service as appropriate, are expected to be paid: Years ending June 30, Pension Benefits Postretirement Benefits (In thousands) 2016 $ 21,239 $ 700 2017 25,555 732 2018 15,975 749 2019 15,409 744 2020 20,172 713 2021-2025 80,390 3,185

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the calculations of earnings per share: Years ended June 30, 2015 2014 2013 (In thousands except per share data) Net earnings $ 136,791 $ 113,541 $ 123,650 Basic average shares outstanding 44,522 44,636 44,455 Dilutive effect of stock options and equivalents 801 774 630 Diluted average shares outstanding 45,323 45,410 45,085 Earnings per share Basic $ 3.07 $ 2.54 $ 2.78 Diluted 3.02 2.50 2.74

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stock Repurchases	Repurchases of the Company's common and Class B stock are as follows: Years ended June 30, 2015 2014 2013 (In thousands) Number of shares 925 1,640 1,477 Cost at market value $ 46,764 $ 78,226 $ 54,734

Common Stock and Share-based 36

Common Stock and Share-based Compensation Plans (Tables)	12 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity	I nformation about the shares issued under this plan is as follows: Years ended June 30, 2015 2014 2013 Shares issued (in thousands) 72 86 130 Average fair value $ 7.52 $ 7.59 $ 5.55 Average purchase price 39.95 40.30 29.50 Average market price 50.83 48.36 38.56
Schedule of Share-based Compensation, Restricted Stock Activity	The Company's restricted stock activity during the year ended June 30, 2015 , was as follows: Restricted Stock Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (Shares and Aggregate Intrinsic Value in thousands) Nonvested at June 30, 2014 565 $ 35.77 Granted 9 51.22 Vested (186 ) 26.72 Forfeited (23 ) 40.00 Nonvested at June 30, 2015 365 40.48 $ 19,075
Schedule of Share-based Compensation, Restricted Stock Units Activity	The Company's restricted stock unit activity during the year ended June 30, 2015 , was as follows: Restricted Stock Units Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (Shares and Aggregate Intrinsic Value in thousands) Nonvested at June 30, 2014 — $ — Granted 173 46.21 Vested (3 ) 45.69 Forfeited (11 ) 46.19 Nonvested at June 30, 2015 159 46.22 $ 8,314
Schedule of Share-based Compensation, Stock Equivalent Units Activity	The following table summarizes the activity for stock equivalent units during the year ended June 30, 2015 : Stock Equivalent Units Units Weighted Average Issue Date Fair Value Aggregate Intrinsic Value (Units and Aggregate Intrinsic Value in thousands) Balance at June 30, 2014 229 $ 38.19 Additions 40 46.33 Converted to common stock (4 ) 28.88 Balance at June 30, 2015 265 36.12 $ 4,251
Schedule of Share-based Compensation, Stock Options, Activity	A summary of stock option activity and weighted average exercise prices follows: Stock Options Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (Options and Aggregate Intrinsic Value in thousands) Outstanding July 1, 2014 3,878 $ 40.26 Granted 467 46.30 Exercised (1,018 ) 37.00 Forfeited (658 ) 48.40 Outstanding June 30, 2015 2,669 40.55 6.0 $ 31,882 Exercisable June 30, 2015 1,225 39.15 3.7 16,856
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The following summarizes the assumptions used in determining the fair value of options granted: Years ended June 30, 2015 2014 2013 Risk-free interest rate 1.4-2.8% 1.9-2.1% 0.4-1.3% Expected dividend yield 4.00 % 4.20 % 5.00 % Expected option life 7-8 yrs 7-8 yrs 7-8 yrs Expected stock price volatility 37 % 36 % 35 %

Commitments and Contingent Li37

Commitments and Contingent Liabilities (Tables)	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Below are the minimum rental commitments at June 30, 2015 , under all noncancelable operating leases due in succeeding fiscal years: Years ending June 30, (In thousands) 2016 $ 18,364 2017 17,341 2018 15,783 2019 14,065 2020 13,663 Thereafter 71,247 Total minimum rentals $ 150,463
Schedule of Future Broadcast Rights Payments Due	The table shows broadcast rights payments due in succeeding fiscal years: Years ending June 30, Recorded Commitments Unavailable Rights (In thousands) 2016 $ 4,776 $ 10,874 2017 1,734 10,719 2018 654 7,174 2019 330 1,286 2020 142 208 Thereafter 138 35 Total amounts payable $ 7,774 $ 30,296

Other Comprehensive Income (L38

Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Jun. 30, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table summarizes the items of other comprehensive income (loss) and the accumulated other comprehensive loss balances: Minimum Pension/Post Retirement Liability Adjustments Interest Accumulated (In thousands) Balance at June 30, 2012 $ (23,115 ) $ — $ (23,115 ) Current-year adjustments, pretax 10,997 — 10,997 Tax expense (4,223 ) — (4,223 ) Other comprehensive loss 6,774 — 6,774 Balance at June 30, 2013 (16,341 ) — (16,341 ) Current-year adjustments, pretax 12,310 — 12,310 Tax expense (4,727 ) — (4,727 ) Other comprehensive income 7,583 — 7,583 Balance at June 30, 2014 (8,758 ) — (8,758 ) Current-year adjustments, pretax (4,206 ) (2,109 ) (6,315 ) Tax benefit 1,615 810 2,425 Other comprehensive income (2,591 ) (1,299 ) (3,890 ) Balance at June 30, 2015 $ (11,349 ) $ (1,299 ) $ (12,648 )

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	12 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following table sets forth the carrying value and the estimated fair value of the Company's financial instruments: June 30, 2015 June 30, 2014 (In thousands) Carrying Value Fair Value Carrying Value Fair Value Broadcast rights payable $ 7,774 $ 7,490 $ 8,838 $ 8,408 Long-term debt 795,000 797,121 715,000 717,032
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth the liabilities measured at fair value on a recurring basis: (In thousands) June 30, 2015 June 30, 2014 Other assets Interest rate swaps $ 1,139 $ — Accrued expenses and other liabilities Contingent consideration 800 50 Interest rate swaps 3,295 — Other noncurrent liabilities Contingent consideration 60,735 1,650
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table represents the changes in the fair value of Level 3 contingent consideration for the year ended June 30, 2015 . (in thousands) Balance at beginning of year $ 1,700 Additions due to acquisitions 61,335 Change in present value of contingent consideration 1 (1,500 ) Balance at end of year $ 61,535 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 I40

Financial Information about Industry Segments (Tables)	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents financial information by segment: Years ended June 30, 2015 2014 2013 (In thousands) Revenues National media $ 1,059,852 $ 1,065,898 $ 1,095,195 Local media 534,324 402,810 376,145 Total revenues $ 1,594,176 $ 1,468,708 $ 1,471,340 Segment profit National media $ 122,681 $ 113,113 $ 137,985 Local media 162,677 113,060 124,116 Unallocated corporate (43,246 ) (39,658 ) (51,267 ) Income from operations 242,112 186,515 210,834 Interest expense, net (19,352 ) (12,176 ) (13,430 ) Earnings before income taxes $ 222,760 $ 174,339 $ 197,404 Depreciation and amortization National media $ 17,186 $ 29,455 $ 19,199 Local media 38,779 28,815 24,471 Unallocated corporate 1,839 1,658 1,680 Total depreciation and amortization $ 57,804 $ 59,928 $ 45,350 Assets National media $ 1,665,542 $ 1,422,855 $ 1,454,225 Local media 1,072,152 996,935 587,611 Unallocated corporate 105,588 124,010 98,223 Total assets $ 2,843,282 $ 2,543,800 $ 2,140,059 Capital expenditures National media $ 4,829 $ 5,491 $ 6,455 Local media 23,224 16,578 14,688 Unallocated corporate 5,192 2,753 4,826 Total capital expenditures $ 33,245 $ 24,822 $ 25,969

Selected Quarterly Financial 41

Selected Quarterly Financial Data (unaudited) (Tables)	12 Months Ended
	Jun. 30, 2015
Selected Quarterly Financial Information [Abstract]
Schedule of Quarterly Financial Information	Year ended June 30, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter Total (In thousands except per share data) Revenues National media $ 266,899 $ 249,694 $ 269,680 $ 279,625 $ 1,065,898 Local media 89,553 104,354 97,734 111,169 402,810 Total revenues $ 356,452 $ 354,048 $ 367,414 $ 390,794 $ 1,468,708 Operating profit National media $ 28,076 $ 28,070 $ 13,614 $ 43,353 $ 113,113 Local media 25,676 35,225 26,696 25,463 113,060 Unallocated corporate (10,944 ) (11,394 ) (9,081 ) (8,239 ) (39,658 ) Income from operations $ 42,808 $ 51,901 $ 31,229 $ 60,577 $ 186,515 Net earnings $ 24,041 $ 30,569 $ 18,486 $ 40,445 $ 113,541 Basic earnings per share 0.54 0.68 0.41 0.91 2.54 Diluted earnings per share 0.53 0.67 0.41 0.89 2.50 Dividends per share 0.4075 0.4075 0.4325 0.4325 1.6800 Year ended June 30, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Total (In thousands except per share data) Revenues National media $ 246,326 $ 242,381 $ 275,298 $ 295,847 $ 1,059,852 Local media 124,858 156,524 122,881 130,061 534,324 Total revenues $ 371,184 $ 398,905 $ 398,179 $ 425,908 $ 1,594,176 Operating profit National media $ 28,895 $ 26,107 $ 23,460 $ 44,219 $ 122,681 Local media 36,312 54,986 31,420 39,959 162,677 Unallocated corporate (12,355 ) (12,231 ) (7,774 ) (10,886 ) (43,246 ) Income from operations $ 52,852 $ 68,862 $ 47,106 $ 73,292 $ 242,112 Net earnings $ 29,365 $ 39,591 $ 25,256 $ 42,579 $ 136,791 Basic earnings per share 0.66 0.89 0.57 0.95 3.07 Diluted earnings per share 0.65 0.87 0.56 0.94 3.02 Dividends per share 0.4325 0.4325 0.4575 0.4575 1.7800

Summary of Significant Accoun42

Summary of Significant Accounting Policies (Additional Information) (Details)	12 Months Ended
	Jun. 30, 2015USD ($)stationssegment	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)
Accounting Policies [Abstract]
Number of reportable segments | segment	2
Number of owned television stations | stations	16
Number of managed television stations | stations	1
Impairments in unamortized broadcast rights costs	$ 0	$ 0	$ 0
Other revenue, typical period of adjustment to estimated sales	3 months
Advertising expenses	$ 75,800,000	$ 79,500,000	$ 90,200,000
Likelihood of recognized income tax positions are sustained, minimum percentage	50.00%
Stop loss contract amount to cap self-insured medical claims	$ 300,000

Summary of Significant Accoun43

Summary of Significant Accounting Policies (Subscription Acquisition Costs) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets [Line Items]
Capitalized direct-response advertising costs	$ 5.9	$ 6.5
Minimum [Member]
Deferred Costs, Capitalized, Prepaid, and Other Assets [Line Items]
Amortization period for subscription acquisition costs	1 year
Maximum [Member]
Deferred Costs, Capitalized, Prepaid, and Other Assets [Line Items]
Amortization period for subscription acquisition costs	2 years

Summary of Significant Accoun44

Summary of Significant Accounting Policies (Property, Plant, and Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 38,918	$ 35,627	$ 33,607
Minimum [Member] | Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment estimated useful lives	5 years
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment estimated useful lives	3 years
Maximum [Member] | Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment estimated useful lives	45 years
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment estimated useful lives	20 years

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Intangible Assets and Goodwill) (Details) - 12 months ended Jun. 30, 2015 - reporting_unit	Total
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Number of reporting units	3
FCC licenses [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Maximum term of FCC broadcast licenses (in years)	8 years
Minimum [Member] | Network affiliation agreements [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets estimated useful lives	25 years
Minimum [Member] | Finite-lived Intangible Assets, Excluding Network Affiliation Agreements [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets estimated useful lives	1 year
Maximum [Member] | Network affiliation agreements [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets estimated useful lives	40 years
Maximum [Member] | Finite-lived Intangible Assets, Excluding Network Affiliation Agreements [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets estimated useful lives	10 years

Summary of Significant Accoun46

Summary of Significant Accounting Policies (Derivatives) (Details) $ in Millions	Jun. 30, 2015USD ($)
Cash Flow Hedging [Member] | Interest rate swaps [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 300

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($)

Jun. 19, 2015

Feb. 01, 2015

Dec. 30, 2014

Dec. 19, 2014

Nov. 13, 2014

Nov. 01, 2014

Oct. 31, 2014

Jun. 19, 2014

Feb. 28, 2014

May. 31, 2013

Oct. 31, 2012

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2013

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 257,030,000

$ 417,461,000

$ 50,190,000

Goodwill, expected tax deductible amount

$ 51,500,000

136,200,000

51,500,000

Reduction in estimated contingent consideration payable

(2,300,000)

$ (2,300,000)

$ (1,100,000)

(1,500,000)

(5,700,000)

(2,500,000)

Intangible assets subject to amortization

29,047,000

25,295,000

29,047,000

Goodwill

840,861,000

1,001,246,000

840,861,000

788,854,000

Selling, general and administrative expenses [Member]

Business Acquisition [Line Items]

Acquisition related costs

2,400,000

$ 1,500,000

$ 1,600,000

$ 1,400,000

$ 5,500,000

5,100,000

Network affiliation agreements [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

7 years

Retransmission agreements [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

6 years

WGGB [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 49,300,000

Acquisition-date fair value of consideration transferred

52,600,000

Acquisition-date fair value of consideration transferred, contingent consideration

3,300,000

Estimate of future aggregate contingent payments, low range

$ 0

Estimate of future aggregate contingent payments, high range

4,000,000

Intangible assets subject to amortization

831,000

Martha Stewart [Member]

Business Acquisition [Line Items]

Acquisition-date fair value of consideration transferred

$ 0

Licensing arrangement, term

10 years

Intangible assets subject to amortization

$ 5,050,000

Mywedding [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 20,100,000

Acquisition-date fair value of consideration transferred

42,700,000

Acquisition-date fair value of consideration transferred, contingent consideration

$ 22,600,000

Estimate of future aggregate contingent payments, low range

11,100,000

Estimate of future aggregate contingent payments, high range

40,000,000

Percentage of voting interests acquired

100.00%

Intangible assets subject to amortization

$ 1,600,000

WALA [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 90,400,000

Intangible assets subject to amortization

3,314,000

Selectable Media, Inc. [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 23,000,000

Acquisition-date fair value of consideration transferred

30,200,000

Acquisition-date fair value of consideration transferred, contingent consideration

$ 7,200,000

Estimate of future aggregate contingent payments, low range

7,300,000

Estimate of future aggregate contingent payments, high range

8,000,000

Percentage of voting interests acquired

100.00%

Contingent consideration arrangements, payment term

3 years

Intangible assets subject to amortization

$ 4,700,000

Shape [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 60,000,000

Acquisition-date fair value of consideration transferred

87,400,000

Acquisition-date fair value of consideration transferred, contingent consideration

$ 27,400,000

Estimate of future aggregate contingent payments, low range

25,200,000

Estimate of future aggregate contingent payments, high range

32,000,000

Contingent consideration arrangements, payment term

3 years

Intangible assets subject to amortization

$ 8,600,000

Meredith Shopper Marketing [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 1,500,000

Acquisition-date fair value of consideration transferred

2,300,000

Acquisition-date fair value of consideration transferred, contingent consideration

$ 800,000

Contingent consideration arrangements, payment term

10 years

Estimate of future contingent consideration payments

800,000

Intangible assets subject to amortization

$ 1,200,000

KMOV [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 186,700,000

Working capital adjustments

900,000

Reduction to goodwill

(400,000)

Intangible assets subject to amortization

14,007,000

KMOV [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Adjustment to intangibles

(100,000)

KMOV [Member] | Property, plant and equipment [Member]

Business Acquisition [Line Items]

Decrease in fixed assets

(500,000)

KMOV [Member] | Network affiliation agreements [Member]

Business Acquisition [Line Items]

Adjustment to intangibles

1,000,000

KTVK [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

167,400,000

$ 223,400,000

Reduction to goodwill

(800,000)

Intangible assets subject to amortization

15,040,000

KTVK [Member] | FCC licenses [Member]

Business Acquisition [Line Items]

Adjustment to intangibles

(23,900,000)

KTVK [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Adjustment to intangibles

1,700,000

KASW [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

56,000,000

Living the Country Life [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 1,400,000

Percentage of voting interests acquired

49.00%

Parenting [Member]

Business Acquisition [Line Items]

Payments for acquisitions of businesses

$ 41,500,000

Acquisition-date fair value of consideration transferred

45,500,000

Acquisition-date fair value of consideration transferred, contingent consideration

$ 4,000,000

Estimate of future aggregate contingent payments, low range

0

Estimate of future aggregate contingent payments, high range

5,100,000

Goodwill, expected tax deductible amount

33,000,000

$ 33,000,000

Reduction in estimated contingent consideration payable

(500,000)

(2,300,000)

Goodwill

56,400,000

56,400,000

Parenting [Member] | Internet domain names [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

3,100,000

3,100,000

Parenting [Member] | Trademarks [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,700,000

1,700,000

Parenting [Member] | Customer lists [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,500,000

1,500,000

Parenting [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,300,000

1,300,000

Parenting [Member] | Developed content [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

900,000

$ 900,000

Minimum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

2 years

Minimum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

1 year

Maximum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

10 years

Maximum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

6 years

National media [Member]

Business Acquisition [Line Items]

Goodwill

789,038,000

932,471,000

$ 789,038,000

788,854,000

National media [Member] | Customer lists [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 3,050,000

Acquired finite-lived intangible assets, weighted average useful life

2 years

National media [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 13,750,000

National media [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 4,350,000

National media [Member] | Martha Stewart [Member] | Customer lists [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,850,000

National media [Member] | Martha Stewart [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 3,200,000

National media [Member] | Mywedding [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 1,600,000

National media [Member] | Selectable Media, Inc. [Member] | Customer lists [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

0

National media [Member] | Selectable Media, Inc. [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

2,250,000

National media [Member] | Selectable Media, Inc. [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 2,450,000

National media [Member] | Shape [Member] | Customer lists [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,200,000

National media [Member] | Shape [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

6,700,000

National media [Member] | Shape [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 700,000

National media [Member] | Meredith Shopper Marketing [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 1,200,000

National media [Member] | Minimum [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

3 years

National media [Member] | Minimum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

5 years

National media [Member] | Maximum [Member] | Advertiser relationships [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

4 years

National media [Member] | Maximum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

7 years

Local media [Member]

Business Acquisition [Line Items]

Goodwill

51,823,000

$ 68,775,000

51,823,000

$ 0

Local media [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,021,000

191,000

1,021,000

Local media [Member] | Network affiliation agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

10,750,000

10,750,000

Local media [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 17,276,000

$ 3,954,000

$ 17,276,000

Local media [Member] | WGGB [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

70,000

Local media [Member] | WGGB [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 761,000

Local media [Member] | WALA [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

121,000

Local media [Member] | WALA [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 3,193,000

Local media [Member] | KMOV [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

7,000

Local media [Member] | KMOV [Member] | Network affiliation agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

10,750,000

Local media [Member] | KMOV [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 3,250,000

Local media [Member] | KTVK [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

1,014,000

Local media [Member] | KTVK [Member] | Retransmission agreements [Member]

Business Acquisition [Line Items]

Intangible assets subject to amortization

$ 14,026,000

Local media [Member] | Minimum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

1 year

Local media [Member] | Maximum [Member] | Other intangible assets [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

3 years

KASW [Member]

Business Acquisition [Line Items]

Increase in assets held-for-sale

$ 23,000,000

Acquisitions (Summary of Estima

Acquisitions (Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Business Acquisition [Line Items]
Intangible assets	$ 177,826	$ 251,325
Goodwill	1,001,246	840,861	$ 788,854
Fiscal 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	9,485
Current portion of broadcast rights	1,582
Other current assets	1,169
Property, plant, and equipment	14,521
Other noncurrent assets	4,962
Intangible assets	177,826
Total identifiable assets acquired	209,545
Deferred subscription revenue	(51,264)
Current portion of broadcast rights payable	(1,582)
Other current liabilities	(8,186)
Long-term liabilities	(64,876)
Total liabilities assumed	(125,908)
Net identifiable assets acquired	83,637
Goodwill	160,753
Net assets acquired	244,390
Local media [Member]
Business Acquisition [Line Items]
Goodwill	68,775	51,823	0
Local media [Member] | Fiscal 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	5,162
Current portion of broadcast rights	1,582
Other current assets	133
Property, plant, and equipment	14,391
Other noncurrent assets	1,907
Intangible assets	107,476
Total identifiable assets acquired	130,651
Deferred subscription revenue	0
Current portion of broadcast rights payable	(1,582)
Other current liabilities	(1,378)
Long-term liabilities	(5,242)
Total liabilities assumed	(8,202)
Net identifiable assets acquired	122,449
Goodwill	17,320
Net assets acquired	139,769
Local media [Member] | Fiscal 2014 Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable		18,934
Current portion of broadcast rights		6,495
Other current assets		1,015
Property, plant, and equipment		31,719
Other noncurrent assets		10,186
Intangible assets		251,325
Total identifiable assets acquired		319,674
Current portion of broadcast rights payable		(6,495)
Other current liabilities		(309)
Long-term liabilities		(10,184)
Total liabilities assumed		(16,988)
Net identifiable assets acquired		302,686
Goodwill		51,456
Net assets acquired		354,142
National media [Member]
Business Acquisition [Line Items]
Goodwill	932,471	$ 789,038	$ 788,854
National media [Member] | Fiscal 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	4,323
Current portion of broadcast rights	0
Other current assets	1,036
Property, plant, and equipment	130
Other noncurrent assets	3,055
Intangible assets	70,350
Total identifiable assets acquired	78,894
Deferred subscription revenue	(51,264)
Current portion of broadcast rights payable	0
Other current liabilities	(6,808)
Long-term liabilities	(59,634)
Total liabilities assumed	(117,706)
Net identifiable assets acquired	(38,812)
Goodwill	143,433
Net assets acquired	$ 104,621

Acquisitions (Summary of Acquir

Acquisitions (Summary of Acquired Intangible Assets by Acquisition) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 19, 2015	Feb. 01, 2015	Dec. 30, 2014	Dec. 19, 2014	Nov. 13, 2014	Nov. 01, 2014	Oct. 31, 2014	Jun. 30, 2014	Jun. 19, 2014	Feb. 28, 2014
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	$ 25,295								$ 29,047
Intangible assets not subject to amortization	152,531
Intangible assets, net	177,826								251,325
WGGB [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization								$ 831
Intangible assets not subject to amortization								33,116
Intangible assets, net								33,947
Martha Stewart [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization							$ 5,050
Intangible assets, net							5,050
Mywedding [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization						$ 1,600
Intangible assets not subject to amortization						5,300
Intangible assets, net						6,900
WALA [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization					$ 3,314
Intangible assets not subject to amortization					70,215
Intangible assets, net					73,529
Selectable Media [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization				$ 4,700
Intangible assets, net				4,700
Shape [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization			$ 8,600
Intangible assets not subject to amortization			43,900
Intangible assets, net			52,500
Meredith Shopper Marketing [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization		$ 1,200
Intangible assets, net		1,200
KMOV [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization											$ 14,007
Intangible assets, net											115,980
KMOV [Member] | FCC licenses [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization											101,973
KTVK [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization										$ 15,040
Intangible assets, net										135,345
National media [Member] | Advertiser relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	13,750
National media [Member] | Customer lists [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	3,050
National media [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	4,350
National media [Member] | Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization	43,200
National media [Member] | Internet domain names [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization	6,000
National media [Member] | Martha Stewart [Member] | Advertiser relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization							3,200
National media [Member] | Martha Stewart [Member] | Customer lists [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization							$ 1,850
National media [Member] | Mywedding [Member] | Advertiser relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization						1,600
National media [Member] | Mywedding [Member] | Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization						$ 5,300
National media [Member] | Selectable Media [Member] | Advertiser relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization				2,250
National media [Member] | Selectable Media [Member] | Customer lists [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization				0
National media [Member] | Selectable Media [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization				$ 2,450
National media [Member] | Shape [Member] | Advertiser relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization			6,700
National media [Member] | Shape [Member] | Customer lists [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization			1,200
National media [Member] | Shape [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization			700
National media [Member] | Shape [Member] | Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization			37,900
National media [Member] | Shape [Member] | Internet domain names [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization			$ 6,000
National media [Member] | Meredith Shopper Marketing [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization		$ 1,200
Local media [Member] | Network affiliation agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization									10,750
Local media [Member] | Retransmission agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	3,954								17,276
Local media [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization	191								1,021
Local media [Member] | FCC licenses [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization	$ 103,331								$ 222,278
Local media [Member] | WGGB [Member] | Retransmission agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization								761
Local media [Member] | WGGB [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization								70
Local media [Member] | WGGB [Member] | FCC licenses [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization								$ 33,116
Local media [Member] | WALA [Member] | Retransmission agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization					3,193
Local media [Member] | WALA [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization					121
Local media [Member] | WALA [Member] | FCC licenses [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization					$ 70,215
Local media [Member] | KMOV [Member] | Network affiliation agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization											10,750
Local media [Member] | KMOV [Member] | Retransmission agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization											3,250
Local media [Member] | KMOV [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization											$ 7
Local media [Member] | KTVK [Member] | Retransmission agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization										14,026
Local media [Member] | KTVK [Member] | Other intangible assets [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets subject to amortization										1,014
Local media [Member] | KTVK [Member] | FCC licenses [Member]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Line Items]
Intangible assets not subject to amortization										$ 120,305

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Inventory Disclosure [Abstract]
Percentage of LIFO inventory	52.00%	49.00%
LIFO inventory income recognized	$ (500)	$ (800)	$ (1,700)
Inventory, Net [Abstract]
Raw materials	13,900	11,993
Work in process	12,053	13,398
Finished goods	2,428	2,814
Subtotal	28,381	28,205
Reserve for LIFO cost valuation	(3,700)	(4,197)
Inventories	$ 24,681	$ 24,008

Intangible Assets and Goodwil51

Intangible Assets and Goodwill (Intangibles Assets) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Intangible assets subject to amortization, gross amount		$ 302,424,000	$ 288,852,000
Intangible assets subject to amortization, accumulated amortization		(154,642,000)	(149,605,000)
Intangible assets subject to amortization, net amount		147,782,000	139,247,000
Intangible assets not subject to amortization		824,600,000	674,050,000
Intangible assets, net		972,382,000	813,297,000
Amortization expense		17,628,000	13,099,000	$ 11,743,000
Expected future amortization expense, 2016		20,000,000
Expected future amortization expense, 2017		17,800,000
Expected future amortization expense, 2018		14,800,000
Expected future amortization expense, 2019		12,500,000
Expected future amortization expense, 2020		11,600,000
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)		0	0	$ 0
National media [Member] | Internet domain names [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Intangible assets not subject to amortization		7,827,000	1,827,000
National media [Member] | Trademarks [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Intangible assets not subject to amortization		192,089,000	148,889,000
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)			9,500,000
National media [Member] | Advertiser relationships [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Intangible assets subject to amortization, gross amount		20,879,000	8,752,000
Intangible assets subject to amortization, accumulated amortization		(7,660,000)	(6,069,000)
Intangible assets subject to amortization, net amount		13,219,000	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		9,120,000	16,257,000
Intangible assets subject to amortization, accumulated amortization		(6,679,000)	(14,852,000)
Intangible assets subject to amortization, net amount		2,441,000	1,405,000
Impairment of Intangible Assets, Finite-lived			800,000
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		20,675,000	17,105,000
Intangible assets subject to amortization, accumulated amortization		(7,361,000)	(5,608,000)
Intangible assets subject to amortization, net amount		13,314,000	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] | Other intangible assets [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Intangible assets subject to amortization, gross amount		1,212,000	1,020,000
Intangible assets subject to amortization, accumulated amortization		(126,000)	0
Intangible assets subject to amortization, net amount		1,086,000	1,020,000
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		(129,362,000)	(122,888,000)
Intangible assets subject to amortization, net amount		99,947,000	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		21,229,000	17,404,000
Intangible assets subject to amortization, accumulated amortization		(3,454,000)	(188,000)
Intangible assets subject to amortization, net amount		$ 17,775,000	17,216,000
Depreciation and amortization [Member] | National media [Member]
Finite and Indefinite-lived Intangible Assets by Major Class [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 10,300,000		$ 10,300,000

Intangible Assets and Goodwil52

Intangible Assets and Goodwill (Goodwill) (Details)	12 Months Ended
	Jun. 30, 2015USD ($)reporting_unit	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)	May. 31, 2015
Goodwill [Line Items]
Number of reporting units | reporting_unit	3
Goodwill, impairment loss	$ 0	$ 0	$ 0
Goodwill [Roll Forward]
Goodwill at beginning of period	840,861,000	788,854,000
Acquisitions	160,385,000	52,007,000
Goodwill at end of period	$ 1,001,246,000	840,861,000	788,854,000
National media [Member]
Goodwill [Line Items]
Number of reporting units | reporting_unit	2
Goodwill [Roll Forward]
Goodwill at beginning of period	$ 789,038,000	788,854,000
Acquisitions	143,433,000	184,000
Goodwill at end of period	932,471,000	789,038,000	788,854,000
Local media [Member]
Goodwill [Roll Forward]
Goodwill at beginning of period	51,823,000	0
Acquisitions	16,952,000	51,823,000
Goodwill at end of period	$ 68,775,000	$ 51,823,000	$ 0
Magazine brands [Member]
Goodwill [Roll Forward]
Percentage of fair value in excess of carrying amount				20.00%
Discount rate	10.00%
Terminal growth rate	2.00%
Percent of fair value to net assets, 100 basis point increase in discount rate				4.00%
Percent of fair value to net assets, 100 basis point decrease in discount rate				8.00%
Magazine brands [Member] | National media [Member]
Goodwill [Roll Forward]
Goodwill at end of period	$ 760,600,000
Magazine brands [Member] | Minimum [Member]
Goodwill [Roll Forward]
Revenue growth rate	(1.60%)
Magazine brands [Member] | Maximum [Member]
Goodwill [Roll Forward]
Revenue growth rate	2.00%
MXM [Member]
Goodwill [Roll Forward]
Percentage of fair value in excess of carrying amount				50.00%
Discount rate	12.00%
Terminal growth rate	5.00%
Percent of fair value to net assets, 100 basis point increase in discount rate				30.00%
Percent of fair value to net assets, 100 basis point decrease in discount rate				30.00%
MXM [Member] | National media [Member]
Goodwill [Roll Forward]
Goodwill at end of period	$ 171,900,000
MXM [Member] | Minimum [Member]
Goodwill [Roll Forward]
Revenue growth rate	5.00%
MXM [Member] | Maximum [Member]
Goodwill [Roll Forward]
Revenue growth rate	7.00%

Restructuring Accrual (Narrativ

Restructuring Accrual (Narrative) (Details) $ in Thousands	3 Months Ended				12 Months Ended
	Mar. 31, 2015USD ($)employees	Dec. 31, 2014USD ($)employees	Jun. 30, 2014USD ($)employees	Mar. 31, 2014USD ($)employees	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 9,900	$ 6,700	$ 3,700	$ 20,800
Write-down of video production fixed assets					$ 3,142	$ 11,447	$ 0
Expected pay out period of severance costs (in months)	9 months	6 months
Number of employees affected by the plan | employees	135	140	75	100
Selling, general and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Other restructuring costs	$ 200	$ 200		$ 500
Reversal of excess restructuring accrual					(105)	(1,356)
Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Write-down of video production fixed assets		1,200
Write-down of fixed assets				900
Production, distribution, and editorial [Member]
Restructuring Cost and Reserve [Line Items]
Manuscript and art inventory write-down	300			200
Employee Severance [Member] | Selling, general and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 9,400	$ 5,300	$ 3,400	8,500	14,670	11,915
Vacated building [Member] | Selling, general and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 300
Vacated Lease Space [Member] | Selling, general and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges				400
Other Restructuring [Member] | Selling, general and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges					$ 285	1,141
National media [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)				$ 10,300		$ 10,300

Restructuring Accrual (Schedule

Restructuring Accrual (Schedule of Changes in the Restructuring Accrual) (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Reserve [Roll Forward]
Balance at beginning of year					$ 13,545	$ 8,103
Restructuring charges	$ 9,900	$ 6,700	$ 3,700	$ 20,800
Cash payments					(12,664)	(6,258)
Balance at end of year			13,545		15,731	13,545
Selling, general and administrative expenses [Member]
Restructuring Reserve [Roll Forward]
Reversal of excess accrual					(105)	(1,356)
Employee Severance [Member] | Selling, general and administrative expenses [Member]
Restructuring Reserve [Roll Forward]
Restructuring charges	$ 9,400	$ 5,300	$ 3,400	$ 8,500	$ 14,670	$ 11,915

Long-term Debt (Details)

Long-term Debt (Details)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)
Debt Instrument [Line Items]
Subordinated note interest rate	3.25%
Write off of deferred financing costs		$ 600,000
Covenant requirement, maximum ratio of debt to trailing 12 month EBITDA	3.75
Covenant requirement, minimum ratio of EBITDA to interest expense	2.75
Interest expense related to long-term debt	$ 18,500,000	$ 10,900,000	$ 12,700,000
Line of Credit [Member] | Asset-backed Bank Facility [Member]
Debt Instrument [Line Items]
Accounts receivable net of reserves outstanding under revolving agreement	$ 172,000,000
Line of credit facility weighted average effective interest rate	1.04%
Maximum borrowing capacity	$ 100,000,000
Credit facility remaining borrowing capacity	$ 20,000,000
Line of Credit [Member] | Asset-backed Bank Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Commitment fee percentage	0.40%
Line of Credit [Member] | Asset-backed Bank Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Commitment fee percentage	0.45%
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility weighted average effective interest rate	1.88%
Maximum borrowing capacity	$ 200,000,000
Debt instrument term	5 years
Credit facility remaining borrowing capacity	$ 122,500,000
Credit facility, maximum additional borrowing capacity available	$ 200,000,000
Line of Credit [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Commitment fee percentage	0.125%
Line of Credit [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Commitment fee percentage	0.25%
Term Loan Facility [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 250,000,000
Senior Notes [Member] | Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 100,000,000
Effective interest rate	3.03%
Senior Notes [Member] | Senior Notes Due 2024 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 150,000,000
Effective interest rate	3.26%

Long-term Debt (Schedule of Lon

Long-term Debt (Schedule of Long-term Debt and Maturities of Long-term Debt) (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Long-term Debt [Abstract]
Long-term Debt	$ 795,000,000	$ 715,000,000
Current portion of long-term debt	(62,500,000)	(87,500,000)
Long-term debt	732,500,000	627,500,000
Principal payments on debt due in succeeding fiscal years [Abstract]
2,016	62,500,000
2,017	75,000,000
2,018	75,000,000
2,019	332,500,000
2,020	0
Thereafter	250,000,000
Total long-term debt	795,000,000	715,000,000
Variable-rate credit facilities [Member] | Asset-backed Bank Facility [Member]
Long-term Debt [Abstract]
Maximum borrowing capacity	100,000,000
Long-term Debt	80,000,000	70,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	80,000,000	70,000,000
Variable-rate credit facilities [Member] | Revolving Credit Facility [Member]
Long-term Debt [Abstract]
Maximum borrowing capacity	200,000,000
Long-term Debt	77,500,000	20,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	77,500,000	20,000,000
Term loan facility [Member] | Term Loan Facility [Member]
Long-term Debt [Abstract]
Maximum borrowing capacity	250,000,000
Long-term Debt	237,500,000	250,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 237,500,000	250,000,000
Private placement notes [Member] | Senior Notes 7.19% Due 7/13/2014 [Member]
Long-term Debt [Abstract]
Stated interest rate	7.19%
Long-term Debt	$ 0	25,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 0	25,000,000
Private placement notes [Member] | Senior Notes 2.62% Due 3/1/2015 [Member]
Long-term Debt [Abstract]
Stated interest rate	2.62%
Long-term Debt	$ 0	50,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 0	50,000,000
Private placement notes [Member] | Senior Notes 3.04% Due 3/1/2016 [Member]
Long-term Debt [Abstract]
Stated interest rate	3.04%
Long-term Debt	$ 50,000,000	50,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 50,000,000	50,000,000
Private placement notes [Member] | Senior Notes 3.04% Due 3/1/2017 [Member]
Long-term Debt [Abstract]
Stated interest rate	3.04%
Long-term Debt	$ 50,000,000	50,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 50,000,000	50,000,000
Private placement notes [Member] | Senior Notes 3.04% Due 3/1/2018 [Member]
Long-term Debt [Abstract]
Stated interest rate	3.04%
Long-term Debt	$ 50,000,000	50,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	50,000,000	50,000,000
Private placement notes [Member] | Senior Notes Due 2022 [Member]
Long-term Debt [Abstract]
Long-term Debt	100,000,000	0
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	100,000,000	0
Private placement notes [Member] | Senior Notes Due 2024 [Member]
Long-term Debt [Abstract]
Long-term Debt	150,000,000	150,000,000
Principal payments on debt due in succeeding fiscal years [Abstract]
Total long-term debt	$ 150,000,000	$ 150,000,000

Long-term Debt (Derivatives) (D

Long-term Debt (Derivatives) (Details) - Jun. 30, 2015 - Cash Flow Hedging [Member] - USD ($) $ in Millions	Total
Interest rate swaps [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 300
Derivative, notional amount	300
Fair value of interest rate swaps	2.2
Maximum loss on counterparties failure to meet obligations	1.1
Interest Rate Swap Expiring August 2018 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 50
Derivative, fixed interest rate	1.36%
Derivative, variable interest rate	0.19%
Interest Rate Swap Expiring March 2019 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 100
Derivative, fixed interest rate	1.53%
Derivative, variable interest rate	0.28%
Interest Rate Swap Expiring August 2019 [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 150
Derivative, fixed interest rate	1.76%
Derivative, variable interest rate	0.28%
Senior Notes Due 2024 [Member] | Interest rate swaps [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 250
Term Loan Facility [Member] | Interest rate swaps [Member]
Derivative [Line Items]
Derivative, amount of hedged items	$ 50

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Effective income tax rate	38.60%	34.90%	37.40%
Valuation allowance	$ 1,808	$ 1,742
Unrecognized tax benefits that, if recognized, would impact effective tax rate	27,300	26,800
Uncertain tax benefit recognized from lapse in statute of limitations that relate to income tax positions on temporary differences	2,600
Unrecognized tax benefits, accrued interest and penalties	7,700	$ 7,600
Minimum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Decrease in Unrecognized Tax Benefits is Reasonably Possible	2,300
Maximum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Decrease in Unrecognized Tax Benefits is Reasonably Possible	$ 23,100

Income Taxes (Schedule of Incom

Income Taxes (Schedule of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Currently payable
Federal	$ 39,429	$ 37,615	$ 30,604
State	4,583	2,764	1,419
Foreign	35	37	42
Current Total	44,047	40,416	32,065
Deferred
Federal	36,314	18,138	35,383
State	5,608	2,386	6,453
Foreign	0	(142)	(147)
Deferred Total	41,922	20,382	41,689
Income Taxes	$ 85,969	$ 60,798	$ 73,754

Income Taxes (Effective Income

Income Taxes (Effective Income Tax Rate Reconciliation) (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Effective income tax rate reconciliation
U.S. statutory tax rate	35.00%	35.00%	35.00%
State income taxes, less federal income tax benefits	2.90%	2.20%	3.00%
Settlements - audits / tax litigation	(0.10%)	(0.30%)	(1.60%)
Restructuring of international operations	0.00%	(2.50%)	0.00%
Other	0.80%	0.50%	1.00%
Effective income tax rate	38.60%	34.90%	37.40%

Income Taxes (Schedule of Defer

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Deferred tax assets
Accounts receivable allowances and return reserves	$ 15,670	$ 15,964
Compensation and benefits	35,850	34,320
Indirect benefit of uncertain state and foreign tax positions	9,925	10,875
All other assets	7,068	5,174
Total deferred tax assets	68,513	66,333
Valuation allowance	(1,808)	(1,742)
Net deferred tax assets	66,705	64,591
Deferred tax liabilities
Subscription acquisition costs	87,036	76,359
Accumulated depreciation and amortization	288,952	255,936
Deferred gains from dispositions	23,908	24,048
All other liabilities	6,842	4,907
Total deferred tax liabilities	406,738	361,250
Net deferred tax liability	$ 340,033	$ 296,659

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Reconciliation of gross unrecognized tax benefits [Roll Forward]
Balance at beginning of year	$ 37,995	$ 42,402
Increases in tax positions for prior years	0	327
Decreases in tax positions for prior years	(2,028)	(699)
Increases in tax positions for current year	5,686	5,756
Settlements	(1,853)	(652)
Lapse in statute of limitations	(3,881)	(9,139)
Balance at end of year	$ 35,919	$ 37,995

Pension and Postretirement Be63

Pension and Postretirement Benefit Plans (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
401(k) Savings and Investment Plan [Abstract]
Maximum percentage of eligible compensation allowed for employee contributions	50.00%
Employer matching percentage of the first 3% of employee contributions	100.00%
Maximum percentage of employee eligible compensation with 100% matching contributions by employer	3.00%
Employer matching percentage of the next 2% of employee contributions	50.00%
Maximum percentage of employee eligible compensation with 50% matching contributions by employer	2.00%
Company contribution expense	$ 9,700,000	$ 9,300,000	$ 8,700,000
Defined Benefit Postretirement Life Insurance [Member] | Key Officers and Retirees [Member]
Deferred Compensation Arrangements [Abstract]
Net periodic pension cost	400,000	300,000	$ 300,000
Accrued liability	4,200,000	4,100,000
Pension [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	143,400,000	138,300,000
Expected benefit payments in fiscal 2016	21,239,000
Amounts to be Recognized as Net Periodic Benefit Costs in Next Fiscal Year [Abstract]
Net actuarial gains (losses)	(600,000)
Prior service costs (credit)	200,000
Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected benefit payments in fiscal 2016	700,000
Amounts to be Recognized as Net Periodic Benefit Costs in Next Fiscal Year [Abstract]
Net actuarial gains (losses)	700,000
Prior service costs (credit)	(400,000)
Common stock [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Company stock included in equity securities plan assets	0	0
Class B stock [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Company stock included in equity securities plan assets	$ 0	$ 0

Pension and Postretirement Be64

Pension and Postretirement Benefit Plans (Obligations and Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Pension [Member]
Change in Benefit Obligation [Roll Forward]
Benefit obligation, beginning of year	$ 152,608	$ 140,549
Service cost	12,173	10,196	$ 10,100
Interest cost	5,582	5,604	4,911
Participant contributions	0	0
Actuarial loss (gain)	(1,996)	4,083
Plan amendments	0	915
Benefits paid (including lump sums)	(12,940)	(8,739)
Benefit obligation, end of year	155,427	152,608	140,549
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	145,179	128,267
Actual return on plan assets	3,857	25,117
Employer contributions	5,490	534
Participant contributions	0	0
Benefits paid (including lump sums)	(12,940)	(8,739)
Fair value of plan assets, end of year	141,586	145,179	128,267
Under funded status, end of year	(13,841)	(7,429)
Postretirement [Member]
Change in Benefit Obligation [Roll Forward]
Benefit obligation, beginning of year	10,445	12,302
Service cost	117	170	377
Interest cost	407	480	611
Participant contributions	802	842
Actuarial loss (gain)	(1,007)	(114)
Plan amendments	0	(1,732)
Benefits paid (including lump sums)	(1,356)	(1,503)
Benefit obligation, end of year	9,408	10,445	12,302
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	0	0
Actual return on plan assets	0	0
Employer contributions	554	661
Participant contributions	802	842
Benefits paid (including lump sums)	(1,356)	(1,503)
Fair value of plan assets, end of year	0	0	$ 0
Under funded status, end of year	$ (9,408)	$ (10,445)

Pension and Postretirement Be65

Pension and Postretirement Benefit Plans (Fair Values and Financial Statement Presentation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Amounts Recognized in Accumulated Other Comprehensive Loss [Abstract]
Unrecognized net actuarial losses (gains), net of taxes	$ 10,663
Unrecognized prior service cost (credit), net of taxes	(127)
Total	10,536
Pension [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	141,586	$ 145,179	$ 128,267
Amounts Recognized in Balance Sheet [Abstract]
Other assets, Prepaid benefit cost	18,071	23,078
Accrued expenses-compensation and benefits, Accrued benefit liability	(2,780)	(2,408)
Other noncurrent liabilities, Accrued benefit liability	(29,132)	(28,099)
Net amount recognized, end of year	(13,841)	(7,429)
Projected and Accumulated Benefit Obligations in Excess of Plan Assets [Abstract]
Projected benefit obligation	32,012	30,550
Accumulated benefit obligation	29,099	26,379
Fair value of plan assets	100	44
Components of Net Periodic Benefit Costs [Abstract]
Service cost	12,173	10,196	10,100
Interest cost	5,582	5,604	4,911
Expected return on plan assets	(11,037)	(9,687)	(9,465)
Prior service cost (credit) amortization	225	391	359
Actuarial loss (gain) amortization	667	2,030	3,250
Curtailment credit	0	0	0
Net periodic benefit costs (credit)	7,610	8,534	9,155
Amounts Recognized in Accumulated Other Comprehensive Loss [Abstract]
Unrecognized net actuarial losses (gains), net of taxes	12,733
Unrecognized prior service cost (credit), net of taxes	589
Total	13,322
Pension [Member] | Investments in Registered Investment Companies [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	140,983	144,619
Pension [Member] | Pooled Seperate Accounts [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	603	560
Pension [Member] | Quoted Prices (Level 1) [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	80,229	85,509
Pension [Member] | Quoted Prices (Level 1) [Member] | Investments in Registered Investment Companies [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	80,229	85,509
Pension [Member] | Quoted Prices (Level 1) [Member] | Pooled Seperate Accounts [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Other Observable Inputs (Level 2) [Member] | Investments in Registered Investment Companies [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Other Observable Inputs (Level 2) [Member] | Pooled Seperate Accounts [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Unobservable Inputs (Level 3) [Member] | Investments in Registered Investment Companies [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Pension [Member] | Significant Unobservable Inputs (Level 3) [Member] | Pooled Seperate Accounts [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0
Postretirement [Member]
Fair Value Measurements for Pension Assets [Abstract]
Fair value of plan assets	0	0	0
Amounts Recognized in Balance Sheet [Abstract]
Other assets, Prepaid benefit cost	0	0
Accrued expenses-compensation and benefits, Accrued benefit liability	(700)	(770)
Other noncurrent liabilities, Accrued benefit liability	(8,708)	(9,675)
Net amount recognized, end of year	(9,408)	(10,445)
Components of Net Periodic Benefit Costs [Abstract]
Service cost	117	170	377
Interest cost	407	480	611
Expected return on plan assets	0	0	0
Prior service cost (credit) amortization	(432)	(440)	(537)
Actuarial loss (gain) amortization	(433)	(365)	0
Curtailment credit	0	(1,511)	0
Net periodic benefit costs (credit)	(341)	$ (1,666)	$ 451
Amounts Recognized in Accumulated Other Comprehensive Loss [Abstract]
Unrecognized net actuarial losses (gains), net of taxes	(2,070)
Unrecognized prior service cost (credit), net of taxes	(716)
Total	$ (2,786)

Pension and Postretirement Be66

Pension and Postretirement Benefit Plans (Assumptions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Effect of One-Percentage Point Change in Assumed HealthCare Cost Trend Rates [Abstract]
Effect of one percentage point increase on service and interest cost components	$ 26
Effect of one percentage point decrease on service and interest cost components	(26)
Effect of one percentage point increase on postretirement benefit obligation	408
Effect of one percentage point decrease on postretirement benefit obligation	$ (335)
Pension [Member]
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	3.75%	3.57%
Rate of compensation increase	3.50%	3.50%
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	3.57%	3.92%	3.50%
Expected return on plan assets	8.00%	8.00%	8.00%
Rate of compensation increase	3.50%	3.50%	3.50%
Postretirement [Member]
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	4.20%	4.00%
Rate of compensation increase	3.50%	3.50%
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	4.00%	4.50%	4.10%
Rate of compensation increase	3.50%	3.50%	3.50%
Postretirement [Member] | Benefit Obligation [Member]
Rate of increase in health care cost [Abstract]
Initial level	7.00%	7.00%
Ultimate level	5.00%	5.00%
Years to ultimate level	6 years	4 years
Postretirement [Member] | Net Periodic Benefit Cost [Member]
Rate of increase in health care cost [Abstract]
Initial level	7.00%	7.50%	8.00%
Ultimate level	5.00%	5.00%	5.00%
Years to ultimate level	4 years	5 years	6 years

Pension and Postretirement Be67

Pension and Postretirement Benefit Plans (Plan Assets, Schedule of Allocations by Asset Category) (Details) - Pension [Member]	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Target plan assets allocation	100.00%	100.00%
Actual plan assets allocation	100.00%	100.00%
Domestic Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target plan assets allocation	35.00%	35.00%
Actual plan assets allocation	35.00%	36.00%
Fixed Income Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Target plan assets allocation	30.00%	30.00%
Actual plan assets allocation	29.00%	27.00%
International Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target plan assets allocation	25.00%	25.00%
Actual plan assets allocation	25.00%	26.00%
Global Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target plan assets allocation	10.00%	10.00%
Actual plan assets allocation	11.00%	11.00%

Pension and Postretirement Be68

Pension and Postretirement Benefit Plans (Future Expected Benefit Payments) (Details) $ in Thousands	Jun. 30, 2015USD ($)
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosure [Line Items]
2,016	$ 21,239
2,017	25,555
2,018	15,975
2,019	15,409
2,020	20,172
2021-2025	80,390
Postretirement Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosure [Line Items]
2,016	700
2,017	732
2,018	749
2,019	744
2,020	713
2021-2025	$ 3,185

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]
Net earnings	$ 42,579	$ 25,256	$ 39,591	$ 29,365	$ 40,445	$ 18,486	$ 30,569	$ 24,041	$ 136,791	$ 113,541	$ 123,650
Basic average shares outstanding									44,522	44,636	44,455
Dilutive effect of stock options and equivalents									801	774	630
Diluted average shares outstanding									45,323	45,410	45,085
Earnings per share
Basic earnings per share	$ 0.95	$ 0.57	$ 0.89	$ 0.66	$ 0.91	$ 0.41	$ 0.68	$ 0.54	$ 3.07	$ 2.54	$ 2.78
Diluted earnings per share	$ 0.94	$ 0.56	$ 0.87	$ 0.65	$ 0.89	$ 0.41	$ 0.67	$ 0.53	$ 3.02	$ 2.50	$ 2.74
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares									900	1,800	3,100
Antidilutive securities, weighted average exercise price									$ 50.52	$ 50.54	$ 46.56

Capital Stock (Details)

Capital Stock (Details) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2015USD ($)classesofstockshares	Jun. 30, 2014USD ($)shares	Jun. 30, 2013USD ($)shares	May. 31, 2014USD ($)
Class of Stock [Line Items]
Number of classes of common stock outstanding | classesofstock	2
Authorized dollar amount of shares to be repurchased				$ 100,000
Repurchases: Number of shares | shares	925	1,640	1,477
Repurchases: Cost at market value	$ 46,764	$ 78,226	$ 54,734
Remaining authorized repurchase amount	$ 97,000
Shares tendered for the exercise of price of options (in shares) | shares	700	1,100
Cost of shares tendered for the exercise price of options	$ 35,600	$ 54,100
Class B stock [Member]
Class of Stock [Line Items]
Common stock voting rights	10 votes per share
Common stock [Member]
Class of Stock [Line Items]
Common stock voting rights	one vote per share

Common Stock and Share-based 71

Common Stock and Share-based Compensation Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Common Stock and Share-based Compensation Plans [Abstract]
Compensation expense	$ 12.5	$ 12.2	$ 11.5
Income tax benefit from compensation expense	$ 4.6	$ 4.5	$ 4.2

Common Stock and Share-based 72

Common Stock and Share-based Compensation Plans (ESPP) (Details) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant	8,700,000
ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Purchase price, as a percent of fair market value of stock on either first or last trading day of offering period	85.00%
Offering period frequency	quarterly
Number of shares authorized	1,500,000
Number of shares available for grant	290,000
Offering period	3 months
Expected stock price volatility	37.00%	36.00%	35.00%
Shares issued under plan
Shares issued	72,000	86,000	130,000
Average fair value	$ 7.52	$ 7.59	$ 5.55
Average purchase price	39.95	40.30	29.50
Average market price	$ 50.83	$ 48.36	$ 38.56

Common Stock and Share-based 73

Common Stock and Share-based Compensation Plans (Equity Instruments Other than Options) (Details) - USD ($) $ / shares in Units, shares in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant	8,700
Restricted Stock [Member]
Shares [Roll Forward]
Nonvested at beginning of year	565
Granted, shares/units	9
Vested, shares/units	(186)
Forfeited, shares/units	(23)
Nonvested at end of year	365	565
Weighted Average Grant/Issue Date Fair Value [Roll Forward]
Nonvested at beginning of year, weighted average grant/issue date fair value	$ 35.77
Granted, weighted average grant/issue date fair value	51.22
Vested, weighted average grant/issue date fair value	26.72
Forfeited, weighted average grant/issue date fair value	40
Nonvested at end of year, weighted average grant/issue date fair value	$ 40.48	$ 35.77
Nonvested at end of year, aggregate intrinsic value	$ 19,075,000
Unearned compensation cost	$ 2,300,000
Unearned compensation cost, weighted average period of recognition (in years)	1 year 4 months
Granted, weighted average grant date fair value	$ 51.22	$ 48.01	$ 34.69
Total fair value of shares vested	$ 7,800,000	$ 6,200,000	$ 5,600,000
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years
Restricted Stock Units [Member]
Shares [Roll Forward]
Nonvested at beginning of year	0
Granted, shares/units	173
Vested, shares/units	(3)
Forfeited, shares/units	(11)
Nonvested at end of year	159	0
Weighted Average Grant/Issue Date Fair Value [Roll Forward]
Nonvested at beginning of year, weighted average grant/issue date fair value	$ 0
Granted, weighted average grant/issue date fair value	46.21
Vested, weighted average grant/issue date fair value	45.69
Forfeited, weighted average grant/issue date fair value	46.19
Nonvested at end of year, weighted average grant/issue date fair value	$ 46.22	$ 0
Nonvested at end of year, aggregate intrinsic value	$ 8,314,000
Unearned compensation cost	$ 3,000,000
Unearned compensation cost, weighted average period of recognition (in years)	2 years 2 months
Granted, weighted average grant date fair value	$ 46.21
Total fair value of shares vested	$ 100,000
Stock Equivalent Units [Member]
Shares [Roll Forward]
Nonvested at beginning of year	229
Granted, shares/units	40
Converted to common stock, units	(4)
Nonvested at end of year	265	229
Weighted Average Grant/Issue Date Fair Value [Roll Forward]
Nonvested at beginning of year, weighted average grant/issue date fair value	$ 38.19
Granted, weighted average grant/issue date fair value	46.33
Converted to common stock, weighted average fair value	28.88
Nonvested at end of year, weighted average grant/issue date fair value	$ 36.12	$ 38.19
Nonvested at end of year, aggregate intrinsic value	$ 4,251,000
Converted to common stock, total intrinsic value	$ 100,000	$ 100,000	$ 0

Common Stock and Share-based 74

Common Stock and Share-based Compensation Plans (Options) (Details) - Stock Options [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award expiration period	10 years
Award vesting period	3 years
Options [Roll Forward]
Outstanding, shares, at beginning of year	3,878
Granted, shares	467
Exercised, shares	(1,018)
Forfeited, shares	(658)
Outstanding, shares, at end of year	2,669	3,878
Weighted Average Exercise Price [Abstract]
Outstanding, weighted average exercise price per share, at beginning of year	$ 40.26
Granted, weighted average exercise price	46.30
Exercised, weighted average exercise price	37
Forfeited, weighted average exercise price	48.40
Outstanding, weighted average exercise price per share, at end of year	$ 40.55	$ 40.26
Outstanding, weighted average remaining contractual term, at end of year (in years)	6 years
Outstanding, aggregate intrinsic value, at end of year	$ 31,882
Exercisable, shares, at end of year	1,225
Exercisable, weighted average exercise price, at end of year	$ 39.15
Exercisable, weighted average remaining contractual term, at end of year (in years)	3 years 8 months
Exercisable, aggregate intrinsic value, at end of year	$ 16,856
Fair value assumptions [Abstract]
Risk free interest rate, minimum	1.40%	1.90%	0.40%
Risk free interest rate, maximum	2.80%	2.10%	1.30%
Expected dividend yield	4.00%	4.20%	5.00%
Expected stock price volatility	37.00%	36.00%	35.00%
Granted, weighted average grant date fair value	$ 11.59	$ 11.41	$ 6.62
Exercised, total intrinsic value	$ 14,200	$ 9,600	$ 12,000
Unearned compensation cost	$ 2,800
Unearned compensation cost, weighted average period of recognition (in years)	1 year 8 months
Cash received from option exercises	$ 37,700	54,500	34,700
Tax benefit realized from option exercises	$ 5,500	$ 3,700	$ 4,700
Minimum [Member]
Fair value assumptions [Abstract]
Expected option life	7 years	7 years	7 years
Maximum [Member]
Fair value assumptions [Abstract]
Expected option life	8 years	8 years	8 years

Commitments and Contingent Li75

Commitments and Contingent Liabilities (Operating Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Rent expense for operating leases	$ 20,100	$ 20,200	$ 20,500
Operating Leases, Future Minimum Payments Due
2,016	18,364
2,017	17,341
2,018	15,783
2,019	14,065
2,020	13,663
Thereafter	71,247
Total minimum rentals	$ 150,463

Commitments and Contingent Li76

Commitments and Contingent Liabilities (Broadcast Rights) (Details) $ in Thousands	Jun. 30, 2015USD ($)
Unavailable broadcast rights
Fair value of unavailable broadcast rights	$ 28,900
Broadcast Rights [Member]
Recorded broadcast rights commitments
Broadcast rights payments due: 2016	4,776
Broadcast rights payments due: 2017	1,734
Broadcast rights payments due: 2018	654
Broadcast rights payments due: 2018	330
Broadcast rights payments due: 2019	142
Broadcast rights payments due: Thereafter	138
Total amounts payable	7,774
Unavailable broadcast rights
Unavailable broadcast rights payments due: 2015	10,874
Unavailable broadcast rights payments due: 2016	10,719
Unavailable broadcast rights payments due: 2017	7,174
Unavailable broadcast rights payments due: 2018	1,286
Unavailable broadcast rights payments due: 2019	208
Unavailable broadcast rights payments due: Thereafter	35
Unavailable broadcast rights	$ 30,296

Other Comprehensive Income (L77

Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning balance	$ (8,758)	$ (16,341)	$ (23,115)
Current-year adjustments, pretax	(6,315)	12,310	10,997
Tax expense	2,425	(4,727)	(4,223)
Other comprehensive income (loss), net of income taxes	(3,890)	7,583	6,774
Accumulated other comprehensive loss, ending balance	(12,648)	(8,758)	(16,341)
Minimum Pension/Post Retirement Liability Adjustments [Member]
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning balance	(8,758)	(16,341)	(23,115)
Current-year adjustments, pretax	(4,206)	12,310	10,997
Tax expense	1,615	(4,727)	(4,223)
Other comprehensive income (loss), net of income taxes	(2,591)	7,583	6,774
Accumulated other comprehensive loss, ending balance	(11,349)	(8,758)	$ (16,341)
Interest Rate Swaps [Member]
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning balance	0
Current-year adjustments, pretax	(2,109)
Tax expense	810
Other comprehensive income (loss), net of income taxes	(1,299)
Accumulated other comprehensive loss, ending balance	$ (1,299)	$ 0

Fair Value Measurement (Carryin

Fair Value Measurement (Carrying Value and Estimated Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	$ 7,774	$ 8,838
Long-term debt	795,000	715,000
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Broadcast rights payable	7,490	8,408
Long-term debt	$ 797,121	$ 717,032

Fair Value Measurement (Recurri

Fair Value Measurement (Recurring Basis) (Details) - Measured at fair value on recurring basis [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Other assets [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps	$ 1,139
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	3,295
Accrued expenses and other liabilities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	800	$ 50
Other noncurrent liabilities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 60,735	$ 1,650

Fair Value Measurement (Changes

Fair Value Measurement (Changes in Fair Value of Level 3 Contingent Consideration) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Contingent Consideration [Roll Forward]
Balance at beginning of year	$ 61,535	$ 1,700
Additions due to acquisitions	61,335
Changes in present value of contingent consideration	(1,500)
Balance at end of year	$ 61,535	$ 1,700

Financial Information about I81

Financial Information about Industry Segments (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Sep. 30, 2013USD ($)	Jun. 30, 2015USD ($)segmentmeasures	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment									2
Number of principal financial measures | measures									2
Amortization of broadcast rights									$ 16,576	$ 8,785	$ 9,660
Segment Reporting Information, Additional Information [Abstract]
Revenues	$ 425,908	$ 398,179	$ 398,905	$ 371,184	$ 390,794	$ 367,414	$ 354,048	$ 356,452	1,594,176	1,468,708	1,471,340
Income from operations	73,292	47,106	68,862	52,852	60,577	31,229	51,901	42,808	242,112	186,515	210,834
Interest expense, net									19,352	12,176	13,430
Earnings before income taxes									222,760	174,339	197,404
Depreciation and amortization									57,804	59,928	45,350
Assets	2,843,282				2,543,800				2,843,282	2,543,800	2,140,059
Capital expenditures									33,245	24,822	25,969
National media [Member]
Segment Reporting Information, Additional Information [Abstract]
Revenues	295,847	275,298	242,381	246,326	279,625	269,680	249,694	266,899	1,059,852	1,065,898	1,095,195
Income from operations	44,219	23,460	26,107	28,895	43,353	13,614	28,070	28,076	122,681	113,113	137,985
Depreciation and amortization									17,186	29,455	19,199
Assets	1,665,542				1,422,855				1,665,542	1,422,855	1,454,225
Capital expenditures									4,829	5,491	6,455
Local media [Member]
Segment Reporting Information, Additional Information [Abstract]
Revenues	130,061	122,881	156,524	124,858	111,169	97,734	104,354	89,553	534,324	402,810	376,145
Income from operations	39,959	31,420	54,986	36,312	25,463	26,696	35,225	25,676	162,677	113,060	124,116
Depreciation and amortization									38,779	28,815	24,471
Assets	1,072,152				996,935				1,072,152	996,935	587,611
Capital expenditures									23,224	16,578	14,688
Unallocated corporate [Member]
Segment Reporting Information, Additional Information [Abstract]
Income from operations	(10,886)	$ (7,774)	$ (12,231)	$ (12,355)	(8,239)	$ (9,081)	$ (11,394)	$ (10,944)	(43,246)	(39,658)	(51,267)
Depreciation and amortization									1,839	1,658	1,680
Assets	$ 105,588				$ 124,010				105,588	124,010	98,223
Capital expenditures									$ 5,192	$ 2,753	$ 4,826

Selected Quarterly Financial 82

Selected Quarterly Financial Data (unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Quarterly Financial Data [Abstract]
Revenues	$ 425,908	$ 398,179	$ 398,905	$ 371,184	$ 390,794	$ 367,414	$ 354,048	$ 356,452	$ 1,594,176	$ 1,468,708	$ 1,471,340
Income from operations	73,292	47,106	68,862	52,852	60,577	31,229	51,901	42,808	242,112	186,515	210,834
Net earnings	$ 42,579	$ 25,256	$ 39,591	$ 29,365	$ 40,445	$ 18,486	$ 30,569	$ 24,041	$ 136,791	$ 113,541	$ 123,650
Basic earnings per share	$ 0.95	$ 0.57	$ 0.89	$ 0.66	$ 0.91	$ 0.41	$ 0.68	$ 0.54	$ 3.07	$ 2.54	$ 2.78
Diluted earnings per share	0.94	0.56	0.87	0.65	0.89	0.41	0.67	0.53	3.02	2.50	2.74
Dividends per share	$ 0.4575	$ 0.4575	$ 0.4325	$ 0.4325	$ 0.4325	$ 0.4325	$ 0.4075	$ 0.4075	$ 1.78	$ 1.68	$ 1.58
Restructuring charges		$ 9,900	$ 6,700		$ 3,700	$ 20,800
Reduction in estimated contingent consideration payable					(2,300)	(2,300)	$ (1,100)		$ (1,500)	$ (5,700)	$ (2,500)
Selling, general and administrative expenses [Member]
Quarterly Financial Data [Abstract]
Reversal of excess restructuring accrual									(105)	(1,356)
Acquisition related costs					2,400	1,500	1,600		1,400	5,500	5,100
National media [Member]
Quarterly Financial Data [Abstract]
Revenues	$ 295,847	275,298	242,381	$ 246,326	279,625	269,680	249,694	$ 266,899	1,059,852	1,065,898	1,095,195
Income from operations	44,219	23,460	26,107	28,895	43,353	13,614	28,070	28,076	122,681	113,113	137,985
Local media [Member]
Quarterly Financial Data [Abstract]
Revenues	130,061	122,881	156,524	124,858	111,169	97,734	104,354	89,553	534,324	402,810	376,145
Income from operations	39,959	31,420	54,986	36,312	25,463	26,696	35,225	25,676	162,677	113,060	124,116
Unallocated corporate [Member]
Quarterly Financial Data [Abstract]
Income from operations	$ (10,886)	$ (7,774)	$ (12,231)	$ (12,355)	$ (8,239)	$ (9,081)	$ (11,394)	$ (10,944)	$ (43,246)	$ (39,658)	$ (51,267)

Schedule II - Valuation and Q83

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	$ 7,813	$ 10,559	$ 13,436
Charged to cost and expenses	9,791	7,839	17,360
Charged to other accounts	0	0	0
Deductions	(9,109)	(10,585)	(20,237)
Balance at end of period	8,495	7,813	10,559
Reserve for doubtful accounts [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	5,464	6,653	9,126
Charged to cost and expenses	5,044	3,177	3,099
Charged to other accounts	0	0	0
Deductions	(3,985)	(4,366)	(5,572)
Balance at end of period	6,523	5,464	6,653
Reserve for returns [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	2,349	3,906	4,310
Charged to cost and expenses	4,747	4,662	14,261
Charged to other accounts	0	0	0
Deductions	(5,124)	(6,219)	(14,665)
Balance at end of period	$ 1,972	$ 2,349	$ 3,906