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Document And Entity Information
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9 Months Ended | ||
|---|---|---|---|
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Sep. 30, 2012
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Oct. 30, 2012
Common Class A [Member]
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Oct. 30, 2012
Common Class B [Member]
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| Entity Registrant Name | GRAY TELEVISION INC | ||
| Document Type | 10-Q | ||
| Current Fiscal Year End Date | --12-31 | ||
| Entity Common Stock, Shares Outstanding | 5,753,020 | 51,846,418 | |
| Amendment Flag | false | ||
| Entity Central Index Key | 0000043196 | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Filer Category | Accelerated Filer | ||
| Entity Well-known Seasoned Issuer | No | ||
| Document Period End Date | Sep. 30, 2012 | ||
| Document Fiscal Year Focus | 2012 | ||
| Document Fiscal Period Focus | Q3 | ||
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- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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| X | ||||||||||
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Current portion of program broadcast obligations. No definition available.
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| X | ||||||||||
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- Definition
Program broadcast obligations, less current portion. No definition available.
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| X | ||||||||||
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- Definition
Current portion of program broadcast rights, net. No definition available.
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the aggregate carrying amount of all cost-method investments as reported on or included in the balance sheet. The original cost of the investments may differ from the aggregate carrying amount disclosed due to various adjustments such as: (i) dividends received in excess of earnings after the date of investment that are considered a return of investment and therefore recorded as reductions to cost of the investment, or (ii) a series of operating losses of an investee or other factors which may indicate that a decrease in value of the investment has occurred which is other than temporary and accordingly such decrease in value has been recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net amount of long-term deferred finance costs capitalized at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The noncurrent portion of deferred revenue amount as of balance sheet date. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This represents the noncurrent liability recognized in the balance sheet that is associated with the defined benefit pension plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the capitalized costs to acquire rights under a license arrangement (for example, to sell specified products in a specified territory) having an indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Total amount of stockholders' equity (deficit) items including stock value, paid in capital, retained earnings and including equity attributable to noncontrolling interests and before deducting the carrying value of treasury stock. No definition available.
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| X | ||||||||||
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- Definition
Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. No definition available.
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| X | ||||||||||
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Face amount or stated value per share of stock classified as temporary equity; generally not indicative of the fair market value per share. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount to be paid by the entity upon redemption of the security that is classified as temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The maximum number of securities classified as temporary equity that are permitted to be issued by an entity's charter and bylaws. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The number of securities classified as temporary equity that have been sold (or granted) to the entity's shareholders. Securities issued include securities outstanding and securities held in treasury. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The number of securities classified as temporary equity that have been issued and are held by the entity's shareholders. Securities outstanding equals securities issued minus securities held in treasury. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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| X | ||||||||||
|
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
|
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accretion of temporary equity during the period due to cash, stock, and in-kind dividends. This item is an adjustment to net income necessary to derive net income apportioned to common stockholders and is to be distinguished from Temporary Equity, Accretion of Dividends (Temporary Equity, Accretion of Dividends). No definition available.
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Condensed Consolidated Statements of Operations (Unaudited) (Parentheticals) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Preferred stock dividends, accretion of issuance cost (in Dollars) | $ 479 | $ 425 | $ 633 | $ 661 |
| X | ||||||||||
|
- Definition
Value of accretion of temporary equity to its redemption value during the period. This item is an adjustment to net income necessary to derive net income apportioned to common stockholders and is to be distinguished from Temporary Equity, Accretion to Redemption Value (TemporaryEquityAccretionToRedemptionValue). No definition available.
|
|
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified |
Common Class A [Member]
|
Common Class B [Member]
|
Retained Earnings [Member]
|
Class A Treasury Stock [Member]
|
Class B Treasury Stock [Member]
|
Accumulated Other Comprehensive Income (Loss) [Member]
|
Total
|
|---|---|---|---|---|---|---|---|
| Balance at Dec. 31, 2011 | $ 15,321 | $ 479,869 | $ (293,322) | $ (22,398) | $ (40,115) | $ (16,402) | $ 122,953 |
| Balance (in Shares) at Dec. 31, 2011 | 7,331,574 | 56,057,070 | (1,578,554) | (4,654,750) | |||
| Net income | 30,238 | 30,238 | |||||
| Preferred stock dividends (includes accretion of issuance cost of $633) | (3,591) | (3,591) | |||||
| Issuance of common stock: | |||||||
| 401(k) plan | 19 | 19 | |||||
| 401(k) plan (in Shares) | 10,895 | ||||||
| 2007 Long Term Incentive Plan (in Shares) | 432,396 | ||||||
| Stock-based compensation | 324 | 324 | |||||
| Balance at Sep. 30, 2012 | $ 15,321 | $ 480,212 | $ (266,675) | $ (22,398) | $ (40,115) | $ (16,402) | $ 149,943 |
| Balance (in Shares) at Sep. 30, 2012 | 7,331,574 | 56,500,361 | (1,578,554) | (4,654,750) |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation". Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares issued during the period to an employee benefit plan, such as a defined contribution or defined benefit plan. No definition available.
|
| X | ||||||||||
|
- Definition
Value of shares issued during the period to an employee benefit plan, such as a defined contribution or defined benefit plan. No definition available.
|
| X | ||||||||||
|
- Definition
Accretion of temporary equity during the period due to cash, stock, and in-kind dividends. This item is an adjustment to net income necessary to derive net income apportioned to common stockholders and is to be distinguished from Temporary Equity, Accretion of Dividends (Temporary Equity, Accretion of Dividends). No definition available.
|
|
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Preferred stock dividends, accretion of issuance cost (in Dollars) | $ 479 | $ 425 | $ 633 | $ 661 |
| X | ||||||||||
|
- Definition
Value of accretion of temporary equity to its redemption value during the period. This item is an adjustment to net income necessary to derive net income apportioned to common stockholders and is to be distinguished from Temporary Equity, Accretion to Redemption Value (TemporaryEquityAccretionToRedemptionValue). No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amortization of program broadcast rights. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Payments on acquisition related liabilities. No definition available.
|
| X | ||||||||||
|
- Definition
Payments on program broadcast obligations. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to reacquire preferred stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to preferred shareholders, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for loan and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 1 - Basis of Presentation
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Sep. 30, 2012
|
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| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] |
1.
Basis of Presentation
The
accompanying condensed consolidated balance sheet as of December
31, 2011, which was derived from the audited financial
statements as of December
31, 2011 of Gray Television, Inc. (“we”,
“us”, “our”, “Gray” or
the “Company”) and our accompanying unaudited
condensed consolidated financial statements as of September
30, 2012 and for the periods ended September
30, 2012 and 2011 have been prepared in accordance
with accounting principles generally accepted in the United
States of America (“U.S. GAAP”) for interim
financial information and with the instructions to Form 10-Q
and Article 10 of Regulation S-X. Accordingly,
certain information and note disclosures normally included in
annual financial statements prepared in accordance with U.S.
GAAP have been condensed or omitted pursuant to those rules
and regulations, although we believe that the disclosures
made are adequate to make the information not misleading. In
our opinion, all adjustments (consisting of normal recurring
accruals) considered necessary for a fair statement have been
included. Our operations consist of one reportable segment.
For further information, refer to the consolidated financial
statements and footnotes thereto included in our Annual
Report on Form 10-K for the year ended December
31, 2011 (the “2011 Form 10-K”). Our
financial condition as of, and operating results for the
three-month and nine-month periods ended, September
30, 2012 are not necessarily indicative of the
financial condition or results that may be expected for any
future interim period or for the year ending December 31,
2012.
Seasonality
and Cyclicality
Broadcast
advertising revenues are generally highest in the second and
fourth quarters each year. This seasonality results partly
from increases in consumer advertising in the spring and
retail advertising in the period leading up to and including
the holiday season. Broadcast advertising revenues
are also typically higher in even-numbered years due to
increased spending by political candidates, political parties
and special interest groups in advance of elections. This
political spending typically is heaviest during the fourth
quarter.
Use
of Estimates
The
preparation of financial statements in conformity with U.S.
GAAP requires our management to make estimates and
assumptions that affect the amounts reported in the unaudited
condensed consolidated financial statements and the notes to
the unaudited condensed consolidated financial statements.
Our actual results could differ materially from these
estimates. The most significant estimates we make relate to
our allowance for doubtful accounts in receivables, valuation
of goodwill and intangible assets, amortization of program
broadcast rights and intangible assets, stock-based
compensation, pension costs, income taxes, employee medical
insurance claims, useful lives of property and equipment,
contingencies and litigation.
Earnings
Per Share
We compute
basic earnings per share by dividing net income (loss)
attributable to common stockholders by the weighted-average
number of common shares outstanding during the relevant
period. The weighted-average number of common shares
outstanding does not include restricted shares. These shares,
although classified as issued and outstanding, are considered
contingently returnable until the restrictions lapse and, in
accordance with U.S. GAAP, are not included in the basic
earnings per share calculation until the shares vest. Diluted
earnings per share is computed by including all potentially
dilutive common shares, including restricted stock and shares
underlying stock options, in the diluted weighted-average
shares outstanding calculation, unless their inclusion would
be antidilutive. The following table reconciles
basic weighted-average shares outstanding to diluted
weighted-average shares outstanding for the three-month and
nine-month periods ended September 30, 2012 and 2011 (in
thousands):
Accumulated
Other Comprehensive Loss
Our
accumulated other comprehensive loss balances as of September
30, 2012 and December 31, 2011 consisted of adjustments to
our pension liability and income tax benefit as follows (in
thousands):
Our
comprehensive income (loss) for the three-month and
nine-month periods ended September 30, 2012
and 2011 consisted entirely of net income (loss).
Therefore, a separate consolidated statement of comprehensive
income (loss) is not presented for the three-month and
nine-month periods ended September 30, 2012 and
2011.
Property
and Equipment
Property and
equipment are carried at cost. Depreciation is computed
principally by the straight-line
method. Maintenance, repairs and minor
replacements are charged to operations as incurred; major
replacements and betterments are capitalized. The cost of any
assets sold or retired and the related accumulated
depreciation are removed from the accounts at the time of
disposition, and any resulting profit or loss is reflected in
income or expense for the period. The following table lists
components of property and equipment by major category (in
thousands):
Allowance
for Doubtful Accounts
Our
allowance for doubtful accounts is equal to at least 85% of
our receivable balances that are 120 days old or
older. We may provide allowances for certain
receivable balances that are less than 120 days old when
warranted by specific facts and circumstances. We generally
write-off accounts receivable balances when the customer
files for bankruptcy or when all commonly used methods of
collection have been exhausted.
Recent
Accounting Pronouncements
In
July 2012, the Financial Accounting Standards Board
(“FASB”) issued Accounting
Standards Update (“ASU”) No. 2012-02, Intangibles--Goodwill
and Other (Topic 350): Testing Indefinite-Lived Intangible
Assets for Impairment. This ASU states that an entity
has the option first to assess qualitative factors to
determine whether the existence of events and circumstances
indicates that it is more likely than not that the
indefinite-lived intangible asset is impaired. If, after
assessing the totality of events and circumstances, an entity
concludes that it is not more likely than not that the
indefinite-lived intangible asset is impaired, then the
entity is not required to take further action. However, if an
entity concludes otherwise, then it is required to determine
the fair value of the indefinite-lived intangible asset and
perform the quantitative impairment test by comparing the
fair value with the carrying amount in accordance with
Codification Subtopic 350-30, Intangibles--Goodwill
and Other, General Intangibles Other than
Goodwill.
Under
the guidance in this ASU, an entity also has the option to
bypass the qualitative assessment for any indefinite-lived
intangible asset in any period and proceed directly to
performing the quantitative impairment test. An entity will
be able to resume performing the qualitative assessment in
any subsequent period.
The
amendments in this ASU are effective for annual and interim
impairment tests performed for fiscal years beginning after
September 15, 2012. Early adoption is permitted, including
for annual and interim impairment tests performed as of a
date before July 27, 2012, if a public entity’s
financial statements for the most recent annual or interim
period have not yet been issued or, for nonpublic entities,
have not yet been made available for issuance.
We
do not anticipate the adoption of this update will have a
material impact on our consolidated results of operations,
financial position or cash flows.
Reclassifications
Certain
reclassifications have been made in the current liability
section of our condensed consolidated balance sheet as of
December 31, 2011 in order to conform to the presentation as
of September
30, 2012. The reclassifications did not change our
total current liabilities as of December 31, 2011. Certain
reclassifications have been made within the operating section
of our condensed consolidated statement of cash flows for the
nine months ended September 30, 2011 in order to conform to
the presentation for the nine months ended September
30, 2012. The reclassifications did not change our net
cash provided by operating activities for the nine months
ended September 30, 2011.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 2 - Long-term Debt
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2012
|
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| Debt Disclosure [Text Block] |
2. Long-term
Debt
As of
September 30, 2012 and December 31, 2011, long-term
debt consisted of our obligations under our senior credit
facility (the “2007 Senior Credit Facility”) and
our 10½% senior secured second lien notes due 2015 (the
“2015 Notes”)
as follows (in thousands):
Senior
Credit Facility
Our
2007 Senior Credit Facility consisted of a revolving loan and
a term loan. Excluding accrued interest, the
amount outstanding under our 2007 Senior Credit Facility as
of September 30, 2012 was comprised solely of a term loan
balance of $459.4 million. Excluding accrued interest,
the amount outstanding under our 2007 Senior Credit Facility
as of December 31, 2011 was $472.0 million, consisting of a
term loan balance of $463.0 million and a revolving loan
balance of $9.0 million.
As
of September 30, 2012 and December 31, 2011, the interest
rate on the balance outstanding under the 2007 Senior Credit
Facility was 3.7% and 3.8%,
respectively. Also, as of September 30, 2012 and
December 31, 2011, we had a deferred loan cost balance, net
of accumulated amortization, of $3.5 million and $4.0
million, respectively, related primarily to our 2007 Senior
Credit Facility.
As
of September 30, 2012 and December 31, 2011, we were in
compliance with all covenants required under our 2007 Senior
Credit Facility.
On
October 12, 2012 (the “Closing Date”), we entered
into an amended and restated senior credit agreement (the
“New Senior Credit Facility”) with Wells Fargo
Bank, National Association, as administrative agent, Bank of
America, N.A., as syndication agent, Wells Fargo Securities,
LLC and Merrill Lynch, Pierce, Fenner & Smith
Incorporated, as joint lead arrangers and joint bookrunners,
and the other lenders party thereto.
The
New Senior Credit Facility provides total commitments of
$595.0 million, consisting of a $40.0 million revolving
credit facility (the “New Revolving Credit
Facility”) and a $555.0 million term loan facility (the
“New Term Loan”), which may be accessed in up to
four draws within 45 days of the Closing Date.
Borrowings
under the New Revolving Credit Facility bear interest, at our
option, based on the Base Rate (as defined below) or the
London Interbank Offered Rate (“LIBOR”), in each
case plus an applicable margin based on a first lien leverage
ratio test as set forth in the New Senior Credit Facility
(the “First Lien Ratio Test”). Base Rate is
defined as the greatest of (i) the administrative
agent’s prime rate, (ii) the overnight federal funds
rate plus 0.50% and (iii) one-month LIBOR plus
1.0%. We are required to pay a commitment fee on
the average daily unused portion of the New Revolving Credit
Facility, which rate may range from 0.375% to 0.50% on an
annual basis, based on the First Lien Ratio Test.
Borrowings
under the New Term Loan bear interest, at our option, at
either the Base Rate plus 2.50%-2.75% or LIBOR plus
3.50%-3.75%, subject to a LIBOR floor of 1.0%. The New Term
Loan also requires us to make quarterly principal repayments
equal to 0.25% of the outstanding principal amount of the New
Term Loan beginning December 31, 2012.
The
New Revolving Credit Facility matures on October 12, 2017 and
the New Term Loan matures on October 12, 2019.
On
the Closing Date, we borrowed $420.0 million under the New
Term Loan. The proceeds from borrowings under the New Senior
Credit Facility, together with cash on hand, were used to
repay all remaining amounts outstanding under the 2007 Senior
Credit Facility, which was then amended and restated, and to
pay related fees and expenses.
Our
obligations under the New Senior Credit Facility are secured
by substantially all of our and our subsidiaries’
assets, including real estate. In addition, our subsidiaries
are joint and several guarantors of the obligations and our
ownership interests in our subsidiaries are pledged to
collateralize the obligations. The New Senior Credit Facility
contains affirmative and restrictive covenants that we must
comply with, including (a) limitations on additional
indebtedness, (b) limitations on liens, (c) limitations on
the sale of assets, (d) limitations on guarantees, (e)
limitations on investments and acquisitions, (f) limitations
on the payment of dividends and share repurchases, (g)
limitations on mergers, and (h) maintenance of a total
leverage ratio as set forth in the New Senior Credit Facility
not to exceed certain maximum limits, as well as other
customary covenants for credit facilities of this
type.
In
connection with the New Senior Credit Facility, we incurred
loan issuance costs of approximately $10.2 million, including
bank fees, original issue discount and other professional
fees. These costs were funded from our existing cash
balances. The amendment and restatement of the 2007 Senior
Credit Facility was determined to be a significant
modification and, as a result, we anticipate that we will
record a loss upon early extinguishment of debt of
approximately $8.2 million in the quarter ending December 31,
2012 related to the 2007 Senior Credit Facility.
Senior
Notes
As
of September 30, 2012 and December 31, 2011, we
had $365.0 million of 2015 Notes outstanding. As of both
September 30, 2012 and December 31, 2011, the coupon interest
rate and the yield on the 2015 Notes were 10.5% and 11.0%,
respectively. The yield on the 2015 Notes exceeded
the coupon interest rate because the 2015 Notes were issued
with original issue discount. As of September 30, 2012 and
December 31, 2011, we had a deferred loan cost balance, net
of accumulated amortization, of $5.5 million and $6.1
million, respectively, related primarily to our 2015
Notes. As of September 30, 2012 and December 31,
2011, we were in compliance with all covenants required under
our 2015 Notes.
On
September 24, 2012, we commenced a cash tender offer (the
“Tender Offer”) for up to $268.5 million of
outstanding 2015 Notes. Pursuant to the terms
thereof, we repurchased approximately $222.6 million in
aggregate principal amount of 2015 Notes, thereunder. The
Tender Offer expired on October 22, 2012.
On
October 12, 2012, we issued a notice of redemption (the
“Notice of Redemption”) for all of the 2015 Notes
that remained outstanding following the completion of the
Tender Offer at the redemption price of 107.875%, as set
forth in the indenture governing the 2015 Notes, plus accrued
and unpaid interest to, but not including, the date of
redemption. Redemption of the remaining 2015 Notes
(the “Redemption”) is expected to occur on
November 13, 2012.
In
connection with the completion of the Tender Offer and the
Redemption, we anticipate that we will record a loss
upon early extinguishment of debt of approximately $38.6
million in the quarter ending December 31, 2012 consisting of
tender premiums of $30.1 million, recognition of unaccreted
original issue discount of $3.7 million, the write off of
unamortized deferred financing costs of $4.6 million and the
payment of approximately $0.2 million in legal and other
professional fees.
On
October 9, 2012, we issued $300.0 million in aggregate
principal amount of our 7½% Senior Notes due 2020 (the
“2020 Notes”). The
2020 Notes were issued at 99.266% of par, resulting in gross
proceeds to us of $297.8 million. Our obligations
under the 2020 Notes are our senior unsecured obligations,
and are guaranteed by all of our subsidiaries on a senior
unsecured basis. In connection with the issuance of
the 2020 Notes, we incurred estimated issuance costs of
approximately $6.9 million, including
bank fees and other professional fees. Net proceeds
from the sale of the 2020 Notes were approximately $290.9
million, after deducting the initial purchasers’
discounts and estimated fees and expenses. We used
the net proceeds from the sale of the 2020 Notes (i) to
repurchase all of the 2015 Notes validly tendered and not
properly withdrawn in the Tender Offer on or before the early
tender deadline thereof, (ii) to pay related fees and
expenses, including applicable Tender Offer premiums, and
(iii) to repurchase the remaining outstanding shares of our
Series D Perpetual Preferred Stock, including paying accrued
dividends thereon.
The
2020 Notes mature on October 1, 2020. Interest
accrues on the 2020 Notes from October 9, 2012, and interest
is payable semiannually, on April 1 and October 1
of each year. The first interest payment date is
April 1, 2013.
We
may redeem some or all of the 2020 Notes at any time after
October 1, 2015 at specified redemption prices. We may also
redeem up to 35% of the aggregate principal amount of the
2020 Notes using the proceeds from certain equity offerings
completed before October 1, 2015. In addition, we
may redeem some or all of the 2020 Notes at any time prior to
October 1, 2015 at a price equal to 100% of the principal
amount thereof plus a make whole premium, and accrued and
unpaid interest. If we sell certain of our assets
or experience specific kinds of changes of control, we must
offer to repurchase the 2020 Notes.
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- Definition
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 3 - Fair Value Measurement
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9 Months Ended |
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Sep. 30, 2012
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| Fair Value Disclosures [Text Block] |
3.
Fair Value Measurement
For
purposes of determining a fair value measurement, we utilize
market data or assumptions that market participants would use
in pricing an asset or liability, including assumptions about
risk and the risks inherent in the inputs to the valuation
technique. These inputs can be readily observable, market
corroborated or generally unobservable. We utilize
valuation techniques that maximize the use of observable
inputs and minimize the use of unobservable inputs. These
inputs are prioritized into a hierarchy that gives the
highest priority to unadjusted quoted prices in active
markets for identical assets or liabilities (“Level
1”) and the lowest priority to unobservable inputs that
require assumptions to measure fair value (“Level
3”). Level 2 inputs are those that are other
than quoted prices on national exchanges included within
Level 1 that are observable for the asset or liability either
directly or indirectly (“Level 2”).
Fair
Value of Financial Instruments
The
estimated fair value of financial instruments is determined
using market information and appropriate valuation
methodologies. Interpreting market data to develop fair value
estimates involves considerable judgment. The use of
different market assumptions or methodologies could have a
material effect on the estimated fair value
amounts. Accordingly, the estimates presented are
not necessarily indicative of the amounts that we could
realize in a current market exchange, or the value that
ultimately will be realized upon maturity or
disposition.
The
carrying amounts of the following instruments approximate
fair value due to their short term to maturity: (i) accounts
receivable, (ii) prepaid and other current assets, (iii)
accounts payable, (iv) accrued employee compensation and
benefits, (v) accrued interest, (vi) other accrued expenses,
(vii) acquisition-related liabilities and (viii) deferred
revenue.
The
carrying amount of our long-term debt was $820.6
million and $832.2
million, respectively, and the fair value was $854.3 million
and $801.0 million, respectively as of September 30, 2012 and
December 31, 2011. We classify our long-term debt within
Level 2 of the fair value hierarchy. Fair value of our
long-term debt was based on observable estimates provided by
third-party financial professionals as of September 30, 2012
and December 31, 2011.
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- Definition
The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 4 - Preferred Stock
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9 Months Ended |
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Sep. 30, 2012
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| Preferred Stock [Text Block] |
4.
Preferred Stock
On
July 31, 2012, we repurchased 122.76 shares of our
outstanding Series D Perpetual Preferred Stock at their
liquidation value of $12.3 million and also paid $7.7 million
in accrued dividends related thereto.
As
of September 30, 2012 and December 31, 2011, we had 136.45
shares and 259.21 shares, respectively, of Series D Perpetual
Preferred Stock outstanding. The Series D
Perpetual Preferred Stock has a face value of $100,000 per
share, for a total liquidation value of $13.6 million and
$25.9 million as of September 30, 2012 and December 31, 2011,
respectively. The Series D Perpetual Preferred Stock had a
recorded value of $13.2 million and $24.8 million as of
September 30, 2012 and December 31, 2011,
respectively. The difference between the face
values and the recorded values was the unaccreted portion of
the original issuance discount and issuance cost. Our accrued
Series D Perpetual Preferred Stock dividend balances as of
September 30, 2012 and December 31, 2011 were $9.0 million
and $13.7 million, respectively.
Except
for the payment of dividends in connection with the
repurchases of shares of our Series D Perpetual Preferred
Stock, we did not pay cash dividends on the Series D
Perpetual Preferred Stock in any period
presented. In accordance with the terms of the
Series D Perpetual Preferred Stock, the dividend rate thereon
was at 17.0% per annum for all periods
presented.
On
October 9, 2012, we repurchased the remaining 136.45 shares
of our then outstanding Series D Perpetual Preferred Stock at
their liquidation value of $13.6 million and also paid $9.0
million in accrued dividends related thereto.
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- Definition
The entire disclosure for terms, amounts, nature of changes, rights and privileges, dividends, and other matters related to preferred stock. No definition available.
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Note 5 - Retirement Plans
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| Pension and Other Postretirement Benefits Disclosure [Text Block] |
5.
Retirement Plans
The
following table provides the components of net periodic
benefit cost for our pension plans for the three-month and
nine-month periods ended September 30, 2012 and 2011,
respectively (in thousands):
During
the nine-month period ended September 30, 2012, we
contributed $5.4 million to our pension plans. During the
remainder of the year ending December 31, 2012, we expect to
contribute an additional $1.3 million to our pension
plans.
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- Definition
The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 6 - Stock-based Compensation
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| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] |
6.
Stock-based Compensation
We
recognize compensation expense for stock-based payment awards
made to our employees and directors, including stock options
and restricted stock under our 2007 Long Term Incentive Plan
and our Directors’ Restricted Stock Plan. We
recognize the fair value of the stock options and restricted
stock on the date of grant as compensation expense, and such
expense is amortized over the vesting period of the stock
option or restricted stock award.
The
following table provides our stock-based compensation expense
and related income tax benefit for the three-month and
nine-month periods ended September 30, 2012 and 2011,
respectively (in thousands).
2007
Long Term Incentive Plan
The
2007 Long Term Incentive Plan, as amended, authorizes the
grant of stock options, restricted stock awards and other
equity-based incentive awards to our officers, non-employee
directors and employees. During the nine-month
period ended September 30, 2012, we granted 432,396
shares of restricted common stock to our executive officers
and non-employee directors, and we also granted options to
acquire 359,568
shares of our common stock to our executive officers. During
the year ended December 31, 2011, we did not grant any
stock-based awards under this plan. The fair value
for each stock option granted during the nine-month period
ended September 30, 2012 was estimated at $1.62 per share at
the date of grant using the Black-Scholes option pricing
model using the following assumptions:
A
summary of award activity related to our common stock for the
nine-month period ended September 30, 2012 under our 2007
Long Term Incentive Plan is as follows:
During
the nine-month period ended September
30, 2012, we did not have any options or restricted
stock awards outstanding for our Class A common stock.
Directors’
Restricted Stock Plan
The
Directors’ Restricted Stock Plan authorizes the grant
of restricted stock awards to our non-employee directors.
During the nine-month period ended September 30, 2012 and the
year ended December 31, 2011, we did not grant any shares of
restricted stock to our non-employee directors under this
plan.
The
following table summarizes restricted stock activity under
our Directors’
Restricted Stock Plan during the nine-month period
ended September 30, 2012 and the weighted-average fair value
per share granted thereunder as of the date of grant:
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- Definition
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 7 - Commitments and Contingencies
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9 Months Ended |
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Sep. 30, 2012
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| Commitments and Contingencies Disclosure [Text Block] |
7. Commitments
and Contingencies
Legal
Proceedings and Claims
From
time to time, we are or may become subject to legal
proceedings and claims that arise in the normal course of our
business. In our opinion, the amount of ultimate
liability, if any, with respect to these actions, will not
materially affect our financial position. However, the
outcome of any one or more matters cannot be predicted with
certainty, and the unfavorable resolution of any matter could
have a material adverse effect on us.
Sports
Marketing Agreement
On
October 12, 2004, the University of Kentucky
(“UK”) awarded a sports marketing agreement
jointly to us and IMG Worldwide, Inc. (“IMG”)
(the “UK Agreement”). The UK Agreement expires
April 15, 2015.
The
UK Agreement provides that we will share in profits in excess
of certain amounts specified by the agreement, if any, but
not losses. The agreement also provides that we will
separately retain all local broadcast advertising revenue and
pay all local broadcast expenses for activities under the
agreement. Under the agreement, IMG agreed to make all
license fee payments to UK. However, if IMG is unable to pay
the license fee to UK, we will then be required to pay the
unpaid portion of the license fee to UK. As of September 30,
2012, the aggregate license fee to be paid by IMG to UK over
the remaining term of the agreement is approximately $25.8
million. If we make advances on behalf of IMG, IMG is
required to reimburse us for the amount paid within 60 days
after the close of each contract year, which ends on June
30th. IMG has also agreed to pay interest on any advance at a
rate equal to the prime rate. During the nine-month period
ended September 30, 2012, we did not advance any amounts to
UK on behalf of IMG under this agreement. As of
September 30, 2012, we do not consider the risk of
non-performance by IMG to be high.
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- Definition
The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 8 - Goodwill and Intangible Assets
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9 Months Ended |
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Sep. 30, 2012
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| Goodwill and Intangible Assets Disclosure [Text Block] |
8. Goodwill
and Intangible Assets
Our
intangible assets are primarily comprised of network
affiliations and broadcast licenses. We did not
acquire any network affiliation agreements or material
broadcast licenses during the nine-month period ended
September 30, 2012. Upon renewal of such
intangible assets, we expense all related fees as
incurred. There were no triggering events that
required a test of impairment of our goodwill or intangible
assets during the nine-month period ended September 30,
2012.
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- Definition
The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 9 - Income Taxes
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| Income Tax Disclosure [Text Block] |
9.
Income Taxes
For
the three-month and nine-month periods ended September 30,
2012 and 2011, our income tax expense and effective tax rates
were as
follows (dollars in thousands):
We
estimate our differences between taxable income or loss and
U.S. GAAP income or loss on an annual basis. Our tax
provision for each quarter is based upon these full year
projections which are revised each reporting period. These
projections incorporate estimates of permanent differences
between U.S. GAAP income or loss and taxable income or loss,
state income taxes and adjustments to our liability for
unrecognized tax benefits to adjust our statutory Federal
income tax rate of 35.0% to our effective income tax
rate.
For
the nine-month period ended September 30, 2012, these
estimates increased or decreased our statutory Federal income
tax rate of 35.0% to our effective income tax rate of 38.9%
as follows: state income taxes added 4.6% and permanent
differences between our U.S. GAAP income and taxable income
added 0.5%, while adjustments to our reserve for uncertain
tax positions resulted in a reduction of 1.2%.
For
the nine-month period ended September 30, 2011, these
estimates increased or decreased our statutory Federal income
tax rate of 35.0% to our effective income tax rate of 35.1%
as follows: state income taxes added 7.0% and permanent
differences between our U.S. GAAP income and taxable income
added 4.4%, while adjustments to our reserve for uncertain
tax positions resulted in a reduction of 10.1% and other
items resulted in a reduction of 1.2%.
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| X | ||||||||||
|
- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 10 - Subsequent Event
|
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
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| Subsequent Events [Text Block] |
10. Subsequent
Events
On
October 9, 2012, we completed the sale of $300.0 aggregate
principal amount of our 2020 Notes. Proceeds from
the sale of the 2020 Notes were used, among other things, to
repurchase 2015 Notes validly tendered and not properly
withdrawn on or before the early tender deadline of the
Tender Offer, and to repurchase the remaining outstanding
shares of our Series D Perpetual Preferred
Stock. For additional information on these
transactions, see “Note 2. Long-term
Debt” and “Note 4. Preferred
Stock.”
On
October 12, 2012, we entered into the New Senior Credit
Facility. Proceeds from borrowings under the New Senior
Credit Facility were used to, among other things, repay
amounts outstanding under our 2007 Senior Credit Facility,
which facility was then amended and restated. Also
on that date, we issued the Notice of Redemption relating to
the 2015 Notes. For additional information on
these actions, see “Note 2. Long-term
Debt.”
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| X | ||||||||||
|
- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
|
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Accounting Policies, by Policy (Policies)
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Sep. 30, 2012
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| Use of Estimates, Policy [Policy Text Block] | Use
of Estimates
The
preparation of financial statements in conformity with U.S.
GAAP requires our management to make estimates and
assumptions that affect the amounts reported in the unaudited
condensed consolidated financial statements and the notes to
the unaudited condensed consolidated financial statements.
Our actual results could differ materially from these
estimates. The most significant estimates we make relate to
our allowance for doubtful accounts in receivables, valuation
of goodwill and intangible assets, amortization of program
broadcast rights and intangible assets, stock-based
compensation, pension costs, income taxes, employee medical
insurance claims, useful lives of property and equipment,
contingencies and litigation. |
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| Earnings Per Share, Policy [Policy Text Block] | Earnings
Per Share
We compute
basic earnings per share by dividing net income (loss)
attributable to common stockholders by the weighted-average
number of common shares outstanding during the relevant
period. The weighted-average number of common shares
outstanding does not include restricted shares. These shares,
although classified as issued and outstanding, are considered
contingently returnable until the restrictions lapse and, in
accordance with U.S. GAAP, are not included in the basic
earnings per share calculation until the shares vest. Diluted
earnings per share is computed by including all potentially
dilutive common shares, including restricted stock and shares
underlying stock options, in the diluted weighted-average
shares outstanding calculation, unless their inclusion would
be antidilutive. The following table reconciles
basic weighted-average shares outstanding to diluted
weighted-average shares outstanding for the three-month and
nine-month periods ended September 30, 2012 and 2011 (in
thousands):
Accumulated
Other Comprehensive Loss
Our
accumulated other comprehensive loss balances as of September
30, 2012 and December 31, 2011 consisted of adjustments to
our pension liability and income tax benefit as follows (in
thousands):
Our
comprehensive income (loss) for the three-month and
nine-month periods ended September 30, 2012
and 2011 consisted entirely of net income (loss).
Therefore, a separate consolidated statement of comprehensive
income (loss) is not presented for the three-month and
nine-month periods ended September 30, 2012 and
2011. |
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| Property, Plant and Equipment, Policy [Policy Text Block] | Property
and Equipment
Property and
equipment are carried at cost. Depreciation is computed
principally by the straight-line
method. Maintenance, repairs and minor
replacements are charged to operations as incurred; major
replacements and betterments are capitalized. The cost of any
assets sold or retired and the related accumulated
depreciation are removed from the accounts at the time of
disposition, and any resulting profit or loss is reflected in
income or expense for the period. The following table lists
components of property and equipment by major category (in
thousands):
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| Receivables, Policy [Policy Text Block] | Allowance
for Doubtful Accounts
Our
allowance for doubtful accounts is equal to at least 85% of
our receivable balances that are 120 days old or
older. We may provide allowances for certain
receivable balances that are less than 120 days old when
warranted by specific facts and circumstances. We generally
write-off accounts receivable balances when the customer
files for bankruptcy or when all commonly used methods of
collection have been exhausted. |
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| New Accounting Pronouncements, Policy [Policy Text Block] | Recent
Accounting Pronouncements
In
July 2012, the Financial Accounting Standards Board
(“FASB”) issued Accounting
Standards Update (“ASU”) No. 2012-02, Intangibles--Goodwill
and Other (Topic 350): Testing Indefinite-Lived Intangible
Assets for Impairment. This ASU states that an entity
has the option first to assess qualitative factors to
determine whether the existence of events and circumstances
indicates that it is more likely than not that the
indefinite-lived intangible asset is impaired. If, after
assessing the totality of events and circumstances, an entity
concludes that it is not more likely than not that the
indefinite-lived intangible asset is impaired, then the
entity is not required to take further action. However, if an
entity concludes otherwise, then it is required to determine
the fair value of the indefinite-lived intangible asset and
perform the quantitative impairment test by comparing the
fair value with the carrying amount in accordance with
Codification Subtopic 350-30, Intangibles--Goodwill
and Other, General Intangibles Other than
Goodwill.
Under
the guidance in this ASU, an entity also has the option to
bypass the qualitative assessment for any indefinite-lived
intangible asset in any period and proceed directly to
performing the quantitative impairment test. An entity will
be able to resume performing the qualitative assessment in
any subsequent period.
The
amendments in this ASU are effective for annual and interim
impairment tests performed for fiscal years beginning after
September 15, 2012. Early adoption is permitted, including
for annual and interim impairment tests performed as of a
date before July 27, 2012, if a public entity’s
financial statements for the most recent annual or interim
period have not yet been issued or, for nonpublic entities,
have not yet been made available for issuance.
We
do not anticipate the adoption of this update will have a
material impact on our consolidated results of operations,
financial position or cash flows. |
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| Fair Value Measurement, Policy [Policy Text Block] | we utilize
market data or assumptions that market participants would use
in pricing an asset or liability, including assumptions about
risk and the risks inherent in the inputs to the valuation
technique. These inputs can be readily observable, market
corroborated or generally unobservable. We utilize
valuation techniques that maximize the use of observable
inputs and minimize the use of unobservable inputs. These
inputs are prioritized into a hierarchy that gives the
highest priority to unadjusted quoted prices in active
markets for identical assets or liabilities (“Level
1”) and the lowest priority to unobservable inputs that
require assumptions to measure fair value (“Level
3”). Level 2 inputs are those that are other
than quoted prices on national exchanges included within
Level 1 that are observable for the asset or liability either
directly or indirectly (“Level 2”).
Fair
Value of Financial Instruments
The
estimated fair value of financial instruments is determined
using market information and appropriate valuation
methodologies. Interpreting market data to develop fair value
estimates involves considerable judgment. The use of
different market assumptions or methodologies could have a
material effect on the estimated fair value
amounts. Accordingly, the estimates presented are
not necessarily indicative of the amounts that we could
realize in a current market exchange, or the value that
ultimately will be realized upon maturity or
disposition. |
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| Goodwill and Intangible Assets, Policy [Policy Text Block] | Upon renewal of such
intangible assets, we expense all related fees as
incurred. |
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| Income Tax, Policy [Policy Text Block] | We
estimate our differences between taxable income or loss and
U.S. GAAP income or loss on an annual basis. Our tax
provision for each quarter is based upon these full year
projections which are revised each reporting period. These
projections incorporate estimates of permanent differences
between U.S. GAAP income or loss and taxable income or loss,
state income taxes and adjustments to our liability for
unrecognized tax benefits to adjust our statutory Federal
income tax rate of 35.0% to our effective income tax
rate. |
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for fair value measurements, which may include, but is not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting. No definition available.
|
| X | ||||||||||
|
- Definition
Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 1 - Basis of Presentation (Tables)
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9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2012
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| Schedule of Weighted Average Number of Shares [Table Text Block] |
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| Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
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| Property, Plant and Equipment [Table Text Block] |
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| X | ||||||||||
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- Definition
Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 2 - Long-term Debt (Tables)
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9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2012
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| Schedule of Debt [Table Text Block] |
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| X | ||||||||||
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- Definition
Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
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Note 5 - Retirement Plans (Tables)
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Sep. 30, 2012
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| Schedule of Net Benefit Costs [Table Text Block] |
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 6 - Stock-based Compensation (Tables)
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Sep. 30, 2012
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| Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] |
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| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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| Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] |
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| X | ||||||||||
|
- Definition
Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the changes in outstanding nonvested restricted stock units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Schedule of income tax expense benefit and effective income tax rate. No definition available.
|
|
Note 1 - Basis of Presentation (Detail)
|
9 Months Ended |
|---|---|
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Sep. 30, 2012
|
|
| Number of Operating Segments | 1 |
| Property, Plant and Equipment, Depreciation Methods | straight-line |
| Minimum Percentage of Receivable Balances for creating Allowance for Doubtful Accounts | 85.00% |
| Period for Creating Allowance for Doubtful Accounts | 120 |
| X | ||||||||||
|
- Definition
Minimum percentage of receivable balances for creating allowance for doubtful accounts. No definition available.
|
| X | ||||||||||
|
- Definition
Period for creating allowance for doubtful accounts. No definition available.
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| X | ||||||||||
|
- Definition
Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. No definition available.
|
| X | ||||||||||
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- Definition
Describes an entity's methodology for allocating the cost of a property, plant or equipment, less salvage value (if any), over the estimated useful life of the asset in a systematic and rational manner. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
Note 1 - Basis of Presentation (Detail) - Reconciliation of basic weighted-average shares outstanding to diluted weighted-average shares outstanding
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Weighted-average shares outstanding - basic | 57,155 | 57,118 | 57,151 | 57,115 |
| Weighted-average shares underlying stock options and restricted stock | 132 | 58 | ||
| Weighted-average shares outstanding - diluted | 57,287 | 57,118 | 57,209 | 57,115 |
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 1 - Basis of Presentation (Detail) - Accumulated other comprehensive loss (USD $)
In Thousands, unless otherwise specified |
Sep. 30, 2012
|
Dec. 31, 2011
|
|---|---|---|
| Accumulated balances of items included in accumulated other comprehensive loss: | ||
| Increase in pension liability | $ (26,889) | $ (26,889) |
| Income tax benefit | (10,487) | (10,487) |
| Accumulated other comprehensive loss | $ (16,402) | $ (16,402) |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Pension and other postretirement benefit plans accumulated other comprehensive income loss minimum pension liability tax. No definition available.
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Before tax amount of additional minimum pension liability not yet recognized as a net periodic pension cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 1 - Basis of Presentation (Detail) - Property and equipment (USD $)
In Thousands, unless otherwise specified |
9 Months Ended | 9 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2012
|
Dec. 31, 2011
|
Sep. 30, 2012
Land [Member]
|
Dec. 31, 2011
Land [Member]
|
Sep. 30, 2012
Building and Building Improvements [Member]
Minimum [Member]
|
Sep. 30, 2012
Building and Building Improvements [Member]
Maximum [Member]
|
Sep. 30, 2012
Building and Building Improvements [Member]
|
Dec. 31, 2011
Building and Building Improvements [Member]
|
Sep. 30, 2012
Equipment [Member]
Minimum [Member]
|
Sep. 30, 2012
Equipment [Member]
Maximum [Member]
|
Sep. 30, 2012
Equipment [Member]
|
Dec. 31, 2011
Equipment [Member]
|
|
| Property and equipment: | ||||||||||||
| Gross value | $ 391,151 | $ 385,227 | $ 23,625 | $ 23,451 | $ 55,658 | $ 53,322 | $ 311,868 | $ 308,454 | ||||
| Estimated useful lives | 7 | 40 | 3 | 20 | ||||||||
| Accumulated depreciation | (256,015) | (248,128) | ||||||||||
| Total property and equipment, net | $ 135,136 | $ 137,099 | ||||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Describes the periods of time over which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 2 - Long-term Debt (Detail) (USD $)
|
60 Months Ended | 60 Months Ended | 84 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 3 Months Ended | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2012
|
Dec. 31, 2011
|
Dec. 31, 2012
Scenario, Plan [Member]
2020 Notes [Member]
|
Oct. 12, 2017
Minimum [Member]
New Senior Credit Facility [Member]
Line of Credit [Member]
|
Oct. 12, 2017
Maximum [Member]
New Senior Credit Facility [Member]
Line of Credit [Member]
|
Sep. 24, 2012
Maximum [Member]
2015 Notes [Member]
|
Dec. 31, 2012
Maximum [Member]
2020 Notes [Member]
|
Sep. 30, 2012
Senior Credit Facility [Member]
|
Dec. 31, 2011
Senior Credit Facility [Member]
|
Dec. 31, 2011
Term Loan [Member]
|
Dec. 31, 2011
Revolving Loan [Member]
|
Oct. 12, 2017
New Senior Credit Facility [Member]
Line of Credit [Member]
|
Oct. 12, 2012
New Senior Credit Facility [Member]
Line of Credit [Member]
|
Oct. 12, 2019
New Senior Credit Facility [Member]
Loans Payable [Member]
|
Oct. 12, 2012
New Senior Credit Facility [Member]
Loans Payable [Member]
|
Oct. 12, 2012
New Senior Credit Facility [Member]
|
Dec. 31, 2012
2007 Credit Facility [Member]
|
Oct. 12, 2012
2015 Notes [Member]
|
Dec. 31, 2012
2015 Notes [Member]
|
Sep. 30, 2012
2015 Notes [Member]
|
Sep. 24, 2012
2015 Notes [Member]
|
Dec. 31, 2011
2015 Notes [Member]
|
Dec. 31, 2012
2020 Notes [Member]
|
Oct. 09, 2012
2020 Notes [Member]
|
|
| Secured Debt | $ 824,351,000 | $ 836,968,000 | $ 459,351,000 | $ 471,968,000 | $ 463,000,000 | $ 9,000,000 | $ 365,000,000 | $ 365,000,000 | ||||||||||||||||
| Debt Instrument, Interest Rate at Period End | 3.70% | 3.80% | ||||||||||||||||||||||
| Deferred Finance Costs, Net | 3,500,000 | 4,000,000 | 10,200,000 | 5,500,000 | 6,100,000 | |||||||||||||||||||
| Line of Credit Facility, Maximum Borrowing Capacity | 40,000,000 | 555,000,000 | 595,000,000 | |||||||||||||||||||||
| Debt Instrument, Interest Rate Terms | Base Rate is defined as the greatest of (i) the administrative agent's prime rate, (ii) the overnight federal funds rate plus 0.50% and (iii) one-month LIBOR plus 1.0%. | Borrowings under the New Term Loan bear interest, at our option, at either the Base Rate plus 2.50%-2.75% or LIBOR plus 3.50%-3.75%, subject to a LIBOR floor of 1.0%. The New Term Loan also requires us to make quarterly principal repayments equal to 0.25% of the outstanding principal amount of the New Term Loan beginning December 31, 2012. | ||||||||||||||||||||||
| Line of Credit Facility, Commitment Fee Percentage | 0.375% | 0.50% | ||||||||||||||||||||||
| Line of Credit Facility, Amount Outstanding | 420,000,000 | |||||||||||||||||||||||
| Gains (Losses) on Extinguishment of Debt | (8,200,000) | (38,600,000) | ||||||||||||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 10.50% | 10.50% | ||||||||||||||||||||||
| Debt Instrument, Interest Rate, Effective Percentage | 11.00% | 11.00% | ||||||||||||||||||||||
| Debt Instrument, Repurchased Face Amount | 268,500,000 | 222,600,000 | ||||||||||||||||||||||
| Debt Instrument Redemption Price Percentage | 35.00% | 100.00% | 107.875% | |||||||||||||||||||||
| Gains (Losses) on Extinguishment of Debt, before Write off of Deferred Debt Issuance Cost | 30,100,000 | |||||||||||||||||||||||
| Debt Instrument, Unamortized Discount | 3,700,000 | 3,719,000 | 4,735,000 | |||||||||||||||||||||
| Write off of Deferred Debt Issuance Cost | 4,600,000 | |||||||||||||||||||||||
| Gains (Losses) On Extinguishment Of Debt Legal Fees | 200,000 | |||||||||||||||||||||||
| Debt Instrument, Face Amount | 300,000,000 | |||||||||||||||||||||||
| Debt Instrument Discount Percentage | 99.266% | |||||||||||||||||||||||
| Proceeds from Issuance of Debt | 297,800,000 | |||||||||||||||||||||||
| Debt Issuance Cost | 6,900,000 | |||||||||||||||||||||||
| Proceeds from Debt, Net of Issuance Costs | $ 290,900,000 | |||||||||||||||||||||||
| X | ||||||||||
|
- Definition
No authoritative reference available. No definition available.
|
| X | ||||||||||
|
- Definition
No authoritative reference available. No definition available.
|
| X | ||||||||||
|
- Definition
No authoritative reference available. No definition available.
|
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effective interest rate at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face (par) amount of the original debt instrument that was repurchased. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of debt issuance costs (for example, but not limited to, legal, accounting, broker, and regulatory fees). No definition available.
|
| X | ||||||||||
|
- Definition
For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the difference between the fair value of payments made to legally extinguish a debt and its carrying value at that time. This item excludes the write-off of amounts previously capitalized as debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. No definition available.
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from additional borrowings, net of cash paid to third parties in connection with debt origination. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 2 - Long-term Debt (Detail) - Long-term debt (USD $)
In Thousands, unless otherwise specified |
Oct. 12, 2012
|
Sep. 30, 2012
|
Dec. 31, 2011
|
|---|---|---|---|
| Long-term debt including current portion: | |||
| Long-term debt including current portion | $ 824,351 | $ 836,968 | |
| Total long-term debt at recorded value | 820,632 | 832,233 | |
|
Senior Credit Facility [Member]
|
|||
| Long-term debt including current portion: | |||
| Long-term debt including current portion | 459,351 | 471,968 | |
| Borrowing availability under our 2007 Senior Credit Facility | 40,000 | 31,000 | |
|
2015 Notes [Member]
|
|||
| Long-term debt including current portion: | |||
| Long-term debt including current portion | 365,000 | 365,000 | |
| Less unamortized discount on 2015 Notes | $ (3,700) | $ (3,719) | $ (4,735) |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the aggregate of total long-term debt, including current maturities and short-term debt. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 3 - Fair Value Measurement (Detail) (USD $)
|
Sep. 30, 2012
|
Dec. 31, 2011
|
|---|---|---|
| Debt, Long-term and Short-term, Combined Amount | $ 820,632,000 | $ 832,233,000 |
| Long-term Debt, Fair Value | $ 854,300,000 | $ 801,000,000 |
| X | ||||||||||
|
- Definition
Represents the aggregate of total long-term debt, including current maturities and short-term debt. No definition available.
|
| X | ||||||||||
|
- Definition
The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
|
|
Note 4 - Preferred Stock (Detail) (USD $)
|
1 Months Ended | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|---|
|
Oct. 31, 2012
|
Sep. 30, 2012
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Dec. 31, 2011
|
|
| Stock Repurchased and Retired During Period, Shares (in Shares) | 136.45 | 122.76 | |||
| Stock Repurchased and Retired During Period, Value | $ 13,600,000 | $ 12,300,000 | |||
| Payments of Ordinary Dividends, Preferred Stock and Preference Stock | 9,000,000 | 7,700,000 | 7,713,000 | 3,031,000 | |
| Temporary Equity, Shares Outstanding (in Shares) | 136.45 | 136.45 | 259.21 | ||
| Temporary Equity, Liquidation Preference Per Share (in Dollars per share) | $ 100,000 | $ 100,000 | |||
| Temporary Equity, Redemption Value | 13,645,000 | 13,645,000 | 25,921,000 | ||
| Temporary Equity, Carrying Amount, Attributable to Parent | 13,199,000 | 13,199,000 | 24,841,000 | ||
| Dividends Payable | $ 8,960,000 | $ 8,960,000 | $ 13,717,000 | ||
| Preferred Stock, Dividend Rate, Percentage | 17.00% | ||||
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to preferred shareholders, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The percentage rate used to calculate dividend payments on preferred stock. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. No definition available.
|
| X | ||||||||||
|
- Definition
The per share liquidation preference (or restrictions) of stock classified as temporary equity that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount to be paid by the entity upon redemption of the security that is classified as temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of securities classified as temporary equity that have been issued and are held by the entity's shareholders. Securities outstanding equals securities issued minus securities held in treasury. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 5 - Retirement Plans (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
| Defined Benefit Plan, Contributions by Employer | $ 5.4 |
| Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year | $ 1.3 |
| X | ||||||||||
|
- Definition
The increase in the fair value of plan assets from contributions made by the employer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The employer's best estimate, as soon as it can be reasonably determined, of contributions expected to be paid to the plan in the current remaining fiscal period. Estimated contributions may be presented in the aggregate combining (1) contributions required by funding regulations or laws, (2) discretionary contributions, and (3) noncash contributions. No definition available.
|
|
Note 5 - Retirement Plans (Detail) - Components of net periodic benefit cost for our pension plans (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Service cost | $ 1,243 | $ 568 | $ 3,538 | $ 2,701 |
| Interest cost | 899 | 996 | 2,559 | 2,502 |
| Expected return on plan assets | (739) | (780) | (2,104) | (2,014) |
| Loss amortization | 624 | 496 | 1,775 | 805 |
| Net periodic benefit cost | $ 2,027 | $ 1,280 | $ 5,768 | $ 3,994 |
| X | ||||||||||
|
- Definition
The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Stock-based Compensation (Detail) (Long Term Incentive Plan [Member], USD $)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
|
Long Term Incentive Plan [Member]
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 432,396 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 359,568 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ 1.62 |
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Stock-based Compensation (Detail) - Stock-based compensation expense and related income tax benefit (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Stock-based compensation expense, gross | $ 170 | $ 34 | $ 324 | $ 102 |
| Income tax benefit at our statutory rate associated with stock-based compensation | (66) | (13) | (126) | (40) |
| Stock-based compensation expense, net | $ 104 | $ 21 | $ 198 | $ 62 |
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense, net of income tax, recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. No definition available.
|
| X | ||||||||||
|
- Definition
The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Stock-based Compensation (Detail) - Assumptions on estimation of fair value of stock option granted
|
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
| Expected term (in years) | 6 years 109 days |
| Volatility | 104.90% |
| Risk-free interest rate | 1.00% |
| Dividend yield | 0.00% |
| Expected forfeitures | 0.00% |
| X | ||||||||||
|
- Definition
Share based compensation arrangement by share based payment award fair value assumptions expected forfeitures rate. No definition available.
|
| X | ||||||||||
|
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Stock-based Compensation (Detail) - Summary of award activity related to our common stock (Long Term Incentive Plan [Member], USD $)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
|
Long Term Incentive Plan [Member]
|
|
| Stock options outstanding - beginning of period | 1,002,350 |
| Stock options outstanding - beginning of period (in Dollars per share) | $ 7.50 |
| Options granted | 359,568 |
| Options granted (in Dollars per share) | $ 1.99 |
| Options expired | (32,150) |
| Options expired (in Dollars per share) | $ 8.61 |
| Options forfeited | (1,500) |
| Options forfeited (in Dollars per share) | $ 7.64 |
| Stock options outstanding - end of period | 1,328,268 |
| Stock options outstanding - end of period (in Dollars per share) | $ 5.98 |
| Exercisable at end of period | 968,700 |
| Exercisable at end of period (in Dollars per share) | $ 7.47 |
| X | ||||||||||
|
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of options or other stock instruments for which the right to exercise has lapsed under the terms of the plan agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance on stock options awarded. No definition available.
|
|
Note 6 - Stock-based Compensation (Detail) - Summary of restricted shares (USD $)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
|
Long Term Incentive Plan [Member]
|
|
| Restricted stock - common stock: | |
| Number of Shares | 0 |
| Grant Date Fair Value Per Share (in Dollars per share) | $ 0 |
| Granted | 432,396 |
| Granted (in Dollars per share) | $ 1.65 |
| Vested | 0 |
| Vested (in Dollars per share) | $ 0 |
| Number of Shares | 432,396 |
| Grant Date Fair Value Per Share (in Dollars per share) | $ 1.65 |
|
Directors Restricted Stock Plan [Member]
|
|
| Restricted stock - common stock: | |
| Number of Shares | 10,000 |
| Grant Date Fair Value Per Share (in Dollars per share) | $ 4.94 |
| Granted | 0 |
| Granted (in Dollars per share) | $ 0 |
| Vested | 0 |
| Vested (in Dollars per share) | $ 0 |
| Number of Shares | 10,000 |
| Grant Date Fair Value Per Share (in Dollars per share) | $ 4.94 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 7 - Commitments and Contingencies (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended |
|---|---|
|
Sep. 30, 2012
|
|
| The UK Agreement Expiration Date | Apr. 15, 2015 |
| License Costs (in Dollars) | $ 25.8 |
| Period for Reimbursement | 60 days |
| X | ||||||||||
|
- Definition
Period for reimbursement. No definition available.
|
| X | ||||||||||
|
- Definition
Sports marketing agreement expires. No definition available.
|
| X | ||||||||||
|
- Definition
Costs incurred and are directly related to generating license revenue. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 9 - Income Taxes (Detail)
|
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate | 35.00% | 35.00% | ||
| Effective Income Tax Rate, Continuing Operations | 38.70% | 35.10% | 38.90% | 35.10% |
| Effective Income Tax Rate Reconciliation, State and Local Income Taxes | 4.60% | 7.00% | ||
| Effective Income Tax Rate Reconciliation, Nondeductible Expense | 0.50% | 4.40% | ||
| Effective Income Tax Rate Reconciliation, Other Adjustments | 1.20% | 10.10% | ||
| Effective Income Tax Rate Reconciliation, Deductions, Other | 1.20% | |||
| X | ||||||||||
|
- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to other deductions received under enacted tax laws not otherwise listed in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the differences between the effective income tax rate and domestic federal statutory income tax rate attributable to all nondeductible expenses under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to all other items not otherwise listed in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the state and local income tax expense or benefit, net of the federal tax benefit (expense) thereon, recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 9 - Income Taxes (Detail) - Income tax expense benefit and effective income tax rate (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Income tax expense (in Dollars) | $ 10,035 | $ 1,073 | $ 19,250 | $ 791 |
| Effective income tax rate | 38.70% | 35.10% | 38.90% | 35.10% |
| X | ||||||||||
|
- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Subsequent Event (Detail) (2020 Notes [Member], USD $)
In Millions, unless otherwise specified |
Oct. 09, 2012
|
|---|---|
|
2020 Notes [Member]
|
|
| Debt Instrument, Face Amount | $ 300.0 |
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|