$NXST
NEXSTAR MEDIA GROUP, INC.

2017 Q4 Form 10-K Financial Statement

#000156459018003921 Filed on March 01, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $653.7M $611.9M $626.1M
YoY Change 110.94% 121.97% 138.98%
Cost Of Revenue $264.4M $257.7M $252.6M
YoY Change 178.02% 162.42% 180.67%
Gross Profit $389.3M $354.2M $373.5M
YoY Change 81.24% 99.55% 117.15%
Gross Profit Margin 59.56% 57.89% 59.65%
Selling, General & Admin $140.3M $140.5M $147.4M
YoY Change 112.25% 120.86% 124.07%
% of Gross Profit 36.04% 39.66% 39.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $80.80M $25.98M $26.29M
YoY Change 168.44% -12.23% -13.23%
% of Gross Profit 20.76% 7.33% 7.04%
Operating Expenses $232.6M $486.0M $490.6M
YoY Change 117.38% 364.58% 354.25%
Operating Profit $136.7M $125.9M $135.5M
YoY Change 47.78% 72.73% 111.74%
Interest Expense -$52.70M -$53.60M -$55.70M
YoY Change 16.59% 81.08% 170.39%
% of Operating Profit -38.56% -42.57% -41.1%
Other Income/Expense, Net $4.100M -$161.0K -$900.0K
YoY Change -4200.0% 61.0% 512.24%
Pretax Income $87.52M $74.09M $80.78M
YoY Change 85.81% 71.7% 86.63%
Income Tax $29.90M $32.01M $32.32M
% Of Pretax Income 34.16% 43.21% 40.01%
Net Earnings $378.5M $46.48M $43.99M
YoY Change 1747.87% 87.41% 79.35%
Net Earnings / Revenue 57.9% 7.6% 7.03%
Basic Earnings Per Share $8.27 $1.01 $0.94
Diluted Earnings Per Share $8.03 $0.98 $0.91
COMMON SHARES
Basic Shares Outstanding 45.75M 46.11M 46.93M
Diluted Shares Outstanding 47.15M 47.45M 48.20M

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $116.0M $136.0M $86.00M
YoY Change 31.82% 368.97% 218.52%
Cash & Equivalents $115.7M $135.8M $85.90M
Short-Term Investments
Other Short-Term Assets $71.86M $34.39M $30.49M
YoY Change 25.02% -20.69% 9.2%
Inventory
Prepaid Expenses
Receivables $562.9M $519.0M $503.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.056B $1.029B $1.079B
YoY Change 190.8% 258.51% 311.83%
LONG-TERM ASSETS
Property, Plant & Equipment $734.1M $738.0M $739.0M
YoY Change 165.84% 160.23% 160.21%
Goodwill $2.143B
YoY Change 352.74%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $199.2M $202.0M $69.00M
YoY Change 134.14% -79.45% -12.66%
Total Long-Term Assets $6.425B $6.476B $6.391B
YoY Change 146.86% 145.86% 290.65%
TOTAL ASSETS
Total Short-Term Assets $1.056B $1.029B $1.079B
Total Long-Term Assets $6.425B $6.476B $6.391B
Total Assets $7.482B $7.505B $7.470B
YoY Change 152.24% 156.93% 293.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.14M $61.00M $28.00M
YoY Change 57.62% 140.27% -6.67%
Accrued Expenses $175.9M $218.0M $235.0M
YoY Change 146.71% 209.82% 209.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $92.81M $122.0M $74.00M
YoY Change 230.36% 171.11% 85.0%
Total Short-Term Liabilities $670.7M $765.0M $794.0M
YoY Change 253.0% 322.65% 408.97%
LONG-TERM LIABILITIES
Long-Term Debt $4.270B $4.287B $4.378B
YoY Change 84.51% 84.78% 199.45%
Other Long-Term Liabilities $340.5M $353.0M $207.0M
YoY Change 640.31% 760.98% 417.5%
Total Long-Term Liabilities $4.610B $4.640B $4.585B
YoY Change 95.35% 96.53% 205.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $670.7M $765.0M $794.0M
Total Long-Term Liabilities $4.610B $4.640B $4.585B
Total Liabilities $5.900B $6.316B $6.279B
YoY Change 110.95% 128.18% 255.35%
SHAREHOLDERS EQUITY
Retained Earnings $299.5M
YoY Change -269.62%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $78.06M
YoY Change 88.04%
Treasury Stock Shares $1.325M
Shareholders Equity $1.571B $1.189B $1.190B
YoY Change
Total Liabilities & Shareholders Equity $7.482B $7.505B $7.470B
YoY Change 152.24% 156.93% 293.48%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $378.5M $46.48M $43.99M
YoY Change 1747.87% 87.41% 79.35%
Depreciation, Depletion And Amortization $80.80M $25.98M $26.29M
YoY Change 168.44% -12.23% -13.23%
Cash From Operating Activities $45.90M -$47.60M $158.6M
YoY Change -46.06% -171.04% 174.87%
INVESTING ACTIVITIES
Capital Expenditures -$27.70M -$21.10M -$13.80M
YoY Change 346.77% 99.06% 89.04%
Acquisitions
YoY Change
Other Investing Activities $3.600M $481.0M $14.50M
YoY Change -173.47% 160233.33% 14400.0%
Cash From Investing Activities -$24.10M $459.9M $700.0K
YoY Change 115.18% -4565.05% -109.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -42.00M -362.3M -146.3M
YoY Change 170.97% 563.55% 303.03%
NET CHANGE
Cash From Operating Activities 45.90M -47.60M 158.6M
Cash From Investing Activities -24.10M 459.9M 700.0K
Cash From Financing Activities -42.00M -362.3M -146.3M
Net Change In Cash -20.20M 50.00M 13.00M
YoY Change -134.59% 2280.95% -9.09%
FREE CASH FLOW
Cash From Operating Activities $45.90M -$47.60M $158.6M
Capital Expenditures -$27.70M -$21.10M -$13.80M
Free Cash Flow $73.60M -$26.50M $172.4M
YoY Change -19.39% -134.15% 165.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26719000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
901080000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
85070000
CY2016Q4 us-gaap Assets
Assets
2966085000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
28093000
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11390000
CY2016Q4 us-gaap Program Rights Obligations Current
ProgramRightsObligationsCurrent
16512000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6140000
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
19985000
CY2016 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
15262000
CY2016 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
108694000
CY2016 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
100000
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1301000
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.76
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6140000
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
481467000
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
93100000
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
76383000
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
330000
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1563000
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1301000
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
481137000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
91537000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
77684000
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2160000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56537000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11400000
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
48660000
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
3357000
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
8042000
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
23686000
CY2015 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
2900000
CY2015 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
100000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
86373000
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1225000
CY2016 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
13760000
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29445000
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
643000
CY2017 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1031443000
CY2017 nxst Adjustments To Additional Paid In Capital Stock Option Replacement Awards In Connection With Merger
AdjustmentsToAdditionalPaidInCapitalStockOptionReplacementAwardsInConnectionWithMerger
10702000
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
99008000
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
24068000
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
7914000
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
55892000
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
108694000
CY2017 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
7600000
CY2017 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
3655000
CY2017 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
659000
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
412000
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10263000
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3057000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3180000
CY2017 nxst Amortization Of Broadcast Rights Excluding Barter
AmortizationOfBroadcastRightsExcludingBarter
62908000
CY2016 nxst Amortization Of Broadcast Rights Excluding Barter
AmortizationOfBroadcastRightsExcludingBarter
22461000
CY2015 nxst Amortization Of Broadcast Rights Excluding Barter
AmortizationOfBroadcastRightsExcludingBarter
22154000
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
55982000
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1553000
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2109000
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10483000
CY2016 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5649000
CY2015 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3752000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
24068000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
11390000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
11400000
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
463185000
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-54591000
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-43675000
CY2016 nxst Income From Escrow Deposit
IncomeFromEscrowDeposit
1080000
CY2017 nxst Payments For Broadcast Rights
PaymentsForBroadcastRights
62531000
CY2016 nxst Payments For Broadcast Rights
PaymentsForBroadcastRights
23004000
CY2015 nxst Payments For Broadcast Rights
PaymentsForBroadcastRights
22473000
CY2017 us-gaap Other Noncash Income
OtherNoncashIncome
1617000
CY2016 us-gaap Other Noncash Income
OtherNoncashIncome
1612000
CY2015 us-gaap Other Noncash Income
OtherNoncashIncome
90000
CY2016 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
4044000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
55819000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27290000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30310000
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-22825000
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
28628000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1324000
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
278000
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-244000
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-293000
CY2017 nxst Increase Decrease In Accounts Payable Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherCurrentLiabilities
-62496000
CY2016 nxst Increase Decrease In Accounts Payable Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherCurrentLiabilities
1628000
CY2015 nxst Increase Decrease In Accounts Payable Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherCurrentLiabilities
16903000
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-42638000
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-75000
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-22790000
CY2017 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-17421000
CY2016 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
33251000
CY2015 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
6338000
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-22211000
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-896000
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
411000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
136721000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
748458000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
423721000
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
8500000
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
4433981000
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
58000000
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
421950000
CY2017 us-gaap Repayments Of Debt
RepaymentsOfDebt
1922329000
CY2016 us-gaap Repayments Of Debt
RepaymentsOfDebt
80140000
CY2015 us-gaap Repayments Of Debt
RepaymentsOfDebt
166290000
CY2017 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
18050000
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
52039000
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
20707000
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3225000
CY2017 nxst Proceeds From Payments Of Dividends To Minority Shareholders
ProceedsFromPaymentsOfDividendsToMinorityShareholders
247000
CY2016 nxst Proceeds From Payments Of Dividends To Minority Shareholders
ProceedsFromPaymentsOfDividendsToMinorityShareholders
-643000
CY2015 nxst Proceeds From Payments Of Dividends To Minority Shareholders
ProceedsFromPaymentsOfDividendsToMinorityShareholders
100000
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
99008000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
48660000
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8155000
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4099000
CY2017 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
7095000
CY2017 us-gaap Interest Paid
InterestPaid
213683000
CY2016 us-gaap Interest Paid
InterestPaid
99917000
CY2015 us-gaap Interest Paid
InterestPaid
70430000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
272689000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
261517000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
205308000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
72461000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31870000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29021000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2975254000
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
103970000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
475949000
CY2017 nxst Withdrawal Of Interest Previously Deposited In Escrow
WithdrawalOfInterestPreviouslyDepositedInEscrow
5063000
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
481946000
CY2015 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
27005000
CY2017 nxst Proceeds Received To Relinquish Spectrum
ProceedsReceivedToRelinquishSpectrum
478608000
CY2016 us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
5063000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
20026000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
718000
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3624000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2062072000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-140185000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-474341000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1225000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3357000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
55892000
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29445000
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23686000
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
66901000
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
100000
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
263647000
CY2016 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2000000
CY2016 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
3258000
CY2015 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
3009000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1953323000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-77068000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
180537000
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
27972000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
44264000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-88496000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43416000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131912000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29391000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29060000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4107000
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2339000
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2371000
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
20723000
CY2016 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
706000
CY2015 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
4025000
CY2016Q4 nxst Accrued Debt Financing Costs
AccruedDebtFinancingCosts
1019000
CY2016 us-gaap Notes Issued1
NotesIssued1
900000000
CY2016 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
108694000
CY2015 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
2956000
CY2017 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
434269000
CY2017 nxst Relinquishment Of Spectrum Asset And Derecognition Of Liability To Surrender Spectrum Asset
RelinquishmentOfSpectrumAssetAndDerecognitionOfLiabilityToSurrenderSpectrumAsset
34558000
CY2017 nxst Business Combination Contingent Consideration
BusinessCombinationContingentConsideration
12361000
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-bottom:0pt;margin-top:10pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. Organization and Business Operations </p> <p style="margin-bottom:0pt;margin-top:10pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">As of December 31, 2017, Nexstar Media Group, Inc. and its wholly-owned subsidiaries (&#8220;Nexstar&#8221;) owned, operated, programmed or provided sales and other services to 170 full power television stations, including those owned by variable interest entities (&#8220;VIEs&#8221;), in 100 markets in the states of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia and Wisconsin. The stations are affiliates of ABC, NBC, FOX, CBS, The CW, MNTV, and other broadcast television networks. As of December 31, 2017, the stations reached approximately 43.6 million, or 38.9%, of all U.S. television households. Through various local service agreements, Nexstar provided sales, programming, and other services to 36 full power television stations owned by independent third parties.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:2.26%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Basis of Presentation </p> <p style="margin-bottom:0pt;margin-top:10pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain prior year financial statement amounts have been reclassified to conform to the current year presentation.</p></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:2.26%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-top:10pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and use assumptions that affect the reported amounts of assets and liabilities and the disclosure for contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The more significant estimates made by management include those relating to the allowance for doubtful accounts, valuation related to business combinations, including assets acquired, liabilities assumed, contingent consideration liability and any other assets or liabilities recognized from these transactions, retransmission revenue recognized, trade and barter transactions, pension and postretirement obligations, income taxes, the recoverability of goodwill, FCC licenses and other long-lived assets, the recoverability of broadcast rights and the useful lives of property and equipment and intangible assets. Actual results may vary from such estimates recorded. </p></div>
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:2.26%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risk </p> <p style="margin-bottom:0pt;margin-top:10pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Financial instruments which potentially expose the Company to a concentration of credit risk consist principally of cash and cash equivalents, restricted cash, and accounts receivable. Cash deposits are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits; however, the Company believes these deposits are maintained with financial institutions of reputable credit and are not subject to any unusual credit risk. A significant portion of the Company&#8217;s accounts receivable is due from local and national advertising agencies. The Company does not require collateral from its customers but maintains reserves for potential credit losses. Management believes that the allowance for doubtful accounts is adequate, but if the financial condition of the Company&#8217;s customers were to deteriorate, additional allowances may be required. The Company has not experienced significant losses related to receivables from individual customers or by geographical area. </p></div>
CY2017Q4 nxst Number Of Full Power Television Stations Owned Operated Programmed Or Provided Sales And Other Services
NumberOfFullPowerTelevisionStationsOwnedOperatedProgrammedOrProvidedSalesAndOtherServices
170
CY2017Q4 nxst Number Of Television Markets
NumberOfTelevisionMarkets
100
CY2017Q4 nxst Number Of Viewers
NumberOfViewers
43600000
CY2017Q4 nxst Number Of Viewers Percentage
NumberOfViewersPercentage
0.389
CY2017Q4 nxst Number Of Full Power Television Stations Owned Or Operated By Independent Third Parties
NumberOfFullPowerTelevisionStationsOwnedOrOperatedByIndependentThirdParties
36
CY2017Q3 nxst Reduction Of Interest In Basis Points As Result Of Refinancing
ReductionOfInterestInBasisPointsAsResultOfRefinancing
0.0050
CY2017 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
42500000
CY2016 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
34700000
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
37700000
CY2017 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
42500000
CY2016 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
34700000
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
37700000
CY2017 nxst Revenue From Trade Transactions
RevenueFromTradeTransactions
14200000
CY2016 nxst Revenue From Trade Transactions
RevenueFromTradeTransactions
11000000
CY2015 nxst Revenue From Trade Transactions
RevenueFromTradeTransactions
9400000
CY2017 nxst Trade Expense
TradeExpense
14500000
CY2016 nxst Trade Expense
TradeExpense
10800000
CY2015 nxst Trade Expense
TradeExpense
9000000
CY2017 us-gaap Advertising Expense
AdvertisingExpense
9200000
CY2016 us-gaap Advertising Expense
AdvertisingExpense
4000000
CY2015 us-gaap Advertising Expense
AdvertisingExpense
3400000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1395000
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
977000
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
991000
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
153000
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
351000
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
766000
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2017 nxst Barter Revenue
BarterRevenue
42500000
CY2016 nxst Barter Revenue
BarterRevenue
34700000
CY2015 nxst Barter Revenue
BarterRevenue
37700000
CY2017 nxst Barter Assets Current
BarterAssetsCurrent
9700000
CY2016 nxst Barter Assets Current
BarterAssetsCurrent
8900000
CY2017 nxst Barter Assets Noncurrent
BarterAssetsNoncurrent
12500000
CY2016 nxst Barter Assets Noncurrent
BarterAssetsNoncurrent
10800000
CY2017 nxst Barter Liabilities Current
BarterLiabilitiesCurrent
9700000
CY2016 nxst Barter Liabilities Current
BarterLiabilitiesCurrent
8600000
CY2017 nxst Barter Liabilities Noncurrent
BarterLiabilitiesNoncurrent
12500000
CY2016 nxst Barter Liabilities Noncurrent
BarterLiabilitiesNoncurrent
11100000
CY2017Q1 nxst Number Of Full Power Television Stations Whose Assets Are Sold
NumberOfFullPowerTelevisionStationsWhoseAssetsAreSold
12
CY2017Q1 nxst Number Of Markets In Which Full Power Television Stations Are Sold
NumberOfMarketsInWhichFullPowerTelevisionStationsAreSold
12
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2484214000
CY2016 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2457492000
CY2017 nxst Business Acquisitions Pro Forma Income Or Loss Before Taxes
BusinessAcquisitionsProFormaIncomeOrLossBeforeTaxes
288279000
CY2016 nxst Business Acquisitions Pro Forma Income Or Loss Before Taxes
BusinessAcquisitionsProFormaIncomeOrLossBeforeTaxes
124966000
CY2017 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
503871000
CY2016 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
49318000
CY2017 nxst Business Acquisitions Pro Forma Net Income Loss Attributable To Parent
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParent
503541000
CY2016 nxst Business Acquisitions Pro Forma Net Income Loss Attributable To Parent
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParent
46547000
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
10.84
CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.99
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
10.52
CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.97
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1093520000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
563427000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
359382000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
287274000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2908704000
CY2017Q4 nxst Long Term Debt Maturities
LongTermDebtMaturities
4427422000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2164259000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
582633000
CY2017 nxst Goodwill During Period Divestitures Gross
GoodwillDuringPeriodDivestituresGross
22823000
CY2017 nxst Goodwill Divestitures Accumulated Impairment Loss
GoodwillDivestituresAccumulatedImpairmentLoss
2861000
CY2017 nxst Goodwill During Period A Divestitures Net
GoodwillDuringPeriodADivestituresNet
19962000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Divestitures Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodDivestituresGross
19744000
CY2017 nxst Indefinite Lived Intangible Assets Divestitures Accumulated Impairment Losses
IndefiniteLivedIntangibleAssetsDivestituresAccumulatedImpairmentLosses
2011000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Divestitures Net
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodDivestituresNet
17733000
CY2017 nxst Goodwill During Period Deconsolidation Of Vies Gross
GoodwillDuringPeriodDeconsolidationOfViesGross
698000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
92807000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
128827000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
125303000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
117015000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
114286000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
112657000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
983538000
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
497653000
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
534557000
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
2212755000
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
45991000
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
61253000
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
69909000
CY2015Q4 us-gaap Goodwill
Goodwill
451662000
CY2015Q4 nxst Indefinite Lived License Agreements Gross
IndefiniteLivedLicenseAgreementsGross
538756000
CY2016Q4 nxst Indefinite Lived License Agreements Gross
IndefiniteLivedLicenseAgreementsGross
591945000
CY2017Q4 nxst Indefinite Lived License Agreements Gross
IndefiniteLivedLicenseAgreementsGross
1815048000
CY2015Q4 nxst Indefinite Lived Intangible Assets Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
49421000
CY2016Q4 nxst Indefinite Lived Intangible Assets Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
49421000
CY2017Q4 nxst Indefinite Lived Intangible Assets Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
47410000
CY2015Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
489335000
CY2016 nxst Goodwill During Period Acquisitions And Consolidation Of Vies Gross
GoodwillDuringPeriodAcquisitionsAndConsolidationOfViesGross
36904000
CY2017 nxst Goodwill During Period Acquisitions And Consolidation Of Vies Gross
GoodwillDuringPeriodAcquisitionsAndConsolidationOfViesGross
1701719000
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
15262000
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
11517000
CY2016 nxst Goodwill During Period Acquisitions And Consolidation Of Vies Net
GoodwillDuringPeriodAcquisitionsAndConsolidationOfViesNet
36904000
CY2017 nxst Goodwill During Period Acquisitions And Consolidation Of Vies Net
GoodwillDuringPeriodAcquisitionsAndConsolidationOfViesNet
1701719000
CY2016 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Acquisitions And Consolidation Of Vies Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodAcquisitionsAndConsolidationOfViesGross
53189000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Acquisitions And Consolidation Of Vies Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodAcquisitionsAndConsolidationOfViesGross
1244386000
CY2016 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Acquisitions And Consolidation Of Vies Net
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodAcquisitionsAndConsolidationOfViesNet
53189000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Acquisitions And Consolidation Of Vies Net
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodAcquisitionsAndConsolidationOfViesNet
1244386000
CY2017 nxst Goodwill During Period Deconsolidation Of Vies Net
GoodwillDuringPeriodDeconsolidationOfViesNet
698000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Deconsolidation Of Vies Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodDeconsolidationOfViesGross
1539000
CY2017 nxst Indefinite Lived Intangible Assets Excluding Goodwill During Period Deconsolidation Of Vies Net
IndefiniteLivedIntangibleAssetsExcludingGoodwillDuringPeriodDeconsolidationOfViesNet
1539000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44775000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20713000
CY2017Q4 nxst Accrued Network Affiliation Fees Current
AccruedNetworkAffiliationFeesCurrent
68197000
CY2016Q4 nxst Accrued Network Affiliation Fees Current
AccruedNetworkAffiliationFeesCurrent
30153000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
46309000
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20449000
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
4362460000
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
2342419000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
43528000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
61663000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
96184000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1224536000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
229242000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22981000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5012000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-438281000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
53094000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
43772000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-24904000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1497000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-97000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-463185000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
54591000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
43675000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12054000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-108000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
38499000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10927000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5120000
CY2017Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
562200000
CY2017Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
394000000
CY2017 nxst Other Postretirement Benefit Plans Changes In Funded Status Amortization Term
OtherPostretirementBenefitPlansChangesInFundedStatusAmortizationTerm
P5Y
CY2017Q4 nxst Portion Of Defined Benefit Plan Benefit Obligation Funded By Plan Assets
PortionOfDefinedBenefitPlanBenefitObligationFundedByPlanAssets
404300000
CY2017Q4 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.94
CY2017Q4 us-gaap Defined Contribution Plan Number Of Employees
DefinedContributionPlanNumberOfEmployees
2200
CY2017 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
39000000
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1200000
CY2017Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.054
CY2017 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2023
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
56000000
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M20D
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1960459
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2511625
CY2017 nxst Share Based Compensation Arrangement By Share Based Payment Award Increase In Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardIncreaseInNumberOfSharesAvailableForGrant
228452
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
228438
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1086250
CY2017 nxst Share Based Compensation Arrangement By Share Based Payment Award Award Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardForfeituresAndExpirationsInPeriod
94411
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1519800
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
190743000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
84476000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
59735000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
43774000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10676000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7697000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3315000
CY2017 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
6375000
CY2016 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
709000
CY2015 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
652000
CY2017 nxst Income Tax Reconciliation Nontaxable Proceeds On Station Divestiture
IncomeTaxReconciliationNontaxableProceedsOnStationDivestiture
-9146000
CY2016 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Earnout Payments
IncomeTaxReconciliationNondeductibleExpenseNondeductibleEarnoutPayments
1415000
CY2017 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Acquisition Costs
IncomeTaxReconciliationNondeductibleExpenseNondeductibleAcquisitionCosts
3901000
CY2016 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Acquisition Costs
IncomeTaxReconciliationNondeductibleExpenseNondeductibleAcquisitionCosts
12000
CY2015 nxst Income Tax Reconciliation Nondeductible Expense Nondeductible Acquisition Costs
IncomeTaxReconciliationNondeductibleExpenseNondeductibleAcquisitionCosts
251000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1546000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
504000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
417000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
3577000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
5276000
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
11178000
CY2017 nxst Income Tax Rate Reconciliation Excess Tax Benefit On Stock Based Compensation
IncomeTaxRateReconciliationExcessTaxBenefitOnStockBasedCompensation
-8106000
CY2017 nxst Income Tax Rate Reconciliation Disposition Of Nondeductible Goodwill
IncomeTaxRateReconciliationDispositionOfNondeductibleGoodwill
3279000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-322193000
CY2017 nxst Income Tax Rate Reconciliation Change In Beginning Of Year Valuation Allowance
IncomeTaxRateReconciliationChangeInBeginningOfYearValuationAllowance
1635000
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1215000
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2224000
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
278000
CY2017 nxst Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Percentage Of Effect For Immediate Expensing On Costs Of Qualified Property
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRatePercentageOfEffectForImmediateExpensingOnCostsOfQualifiedProperty
1.00
CY2017 nxst Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Description For Percentage Of Effect For Immediate Expensing On Costs Of Qualified Property
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDescriptionForPercentageOfEffectForImmediateExpensingOnCostsOfQualifiedProperty
The Act also provides for immediate expensing of 100% of the costs of qualified property that are incurred and placed in service during the period from September 27, 2017 to December 31, 2022. Beginning January 1, 2023, the immediate expensing provision is phased down by 20% per year until it is completely phased out as of January 1, 2027.
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
51802000
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
26657000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
15574000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
14308000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
2173000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
3197000
CY2016Q4 nxst Deferred Tax Assets Transaction Costs
DeferredTaxAssetsTransactionCosts
8238000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
28033000
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
12732000
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7348000
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
110314000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
59748000
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2155000
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
108159000
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
59748000
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
72423000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
15882000
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
312460000
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
35628000
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
31062000
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
35780000
CY2017Q4 nxst Deferred Tax Liabilities Indefinite Lived Intangible Assets
DeferredTaxLiabilitiesIndefiniteLivedIntangibleAssets
305293000
CY2016Q4 nxst Deferred Tax Liabilities Indefinite Lived Intangible Assets
DeferredTaxLiabilitiesIndefiniteLivedIntangibleAssets
98494000
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4854000
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
13000
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
726092000
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
185797000
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
617933000
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
126049000
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2200000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
23258000
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3677000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3677000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3677000
CY2017 nxst Unrecognized Tax Benefits Increases Resulting From Merger Transaction
UnrecognizedTaxBenefitsIncreasesResultingFromMergerTransaction
22605000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1847000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2440000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
806000
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1625000
CY2017Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2015Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2017Q4 nxst Maximum Percentage Of Us Television Household Reach
MaximumPercentageOfUSTelevisionHouseholdReach
0.39
CY2017Q4 nxst Percentage Of Discount On Ultra High Frequency On Audience Reach Per Market
PercentageOfDiscountOnUltraHighFrequencyOnAudienceReachPerMarket
0.50
CY2017 nxst Effective Date Of Reinstating The Ultra High Frequency Discount
EffectiveDateOfReinstatingTheUltraHighFrequencyDiscount
2017-06-15
CY2017 nxst Date The Ultra High Frequency Discount Was Abolished
DateTheUltraHighFrequencyDiscountWasAbolished
2016-08-24
CY2017Q2 nxst Number Of Stations That Accepted Bids To Relinquish Spectrum
NumberOfStationsThatAcceptedBidsToRelinquishSpectrum
11
CY2017Q2 nxst Number Of Stations Channels Share With Another Station
NumberOfStationsChannelsShareWithAnotherStation
8
CY2017Q2 nxst Number Of Stations To Move To Very High Frequency Channels
NumberOfStationsToMoveToVeryHighFrequencyChannels
2
CY2017Q4 nxst Number Of Stations Went Off The Air
NumberOfStationsWentOffTheAir
1
CY2017Q4 nxst Number Of Stations Required To Cease Broadcasting
NumberOfStationsRequiredToCeaseBroadcasting
10
CY2017 nxst Maximum Amount Of Reimbursement For Repack Cost
MaximumAmountOfReimbursementForRepackCost
1750000000
CY2017Q4 nxst Industry Estimate Of Reimbursement For Repack Cost
IndustryEstimateOfReimbursementForRepackCost
1860000000
CY2017Q4 nxst Excess Amount Of Reimbursement For Repack Cost
ExcessAmountOfReimbursementForRepackCost
100000000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due Next Twelve Months
BroadcastRightsAcquiredFutureMinimumPaymentsDueNextTwelveMonths
44263000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due In Two Years
BroadcastRightsAcquiredFutureMinimumPaymentsDueInTwoYears
24927000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due In Three Years
BroadcastRightsAcquiredFutureMinimumPaymentsDueInThreeYears
11814000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due In Four Years
BroadcastRightsAcquiredFutureMinimumPaymentsDueInFourYears
1243000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due In Five Years
BroadcastRightsAcquiredFutureMinimumPaymentsDueInFiveYears
528000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due Thereafter
BroadcastRightsAcquiredFutureMinimumPaymentsDueThereafter
541000
CY2017Q4 nxst Broadcast Rights Acquired Future Minimum Payments Due
BroadcastRightsAcquiredFutureMinimumPaymentsDue
83316000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
24600000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12700000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12000000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
19395000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
17571000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
15790000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
13070000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
10147000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
44884000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
120857000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
1753000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
1766000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1785000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
1843000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1803000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
17131000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
26081000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
8305000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
17776000
CY2017Q4 nxst Number Of Stations Covered Under Collective Bargaining Agreements
NumberOfStationsCoveredUnderCollectiveBargainingAgreements
13
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
71859000
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
232672000
CY2017Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
340541000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
57479000
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
141731000
CY2016Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
45819000
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2431966000
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1103190000
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
896377000
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-25089000
CY2017 nxst Business Combination Contingent Consideration Payments
BusinessCombinationContingentConsiderationPayments
263647000
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2792000
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4345000
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4776000
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3624000
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2777000
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
540317000
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
626115000
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
611870000
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
653664000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
110151000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
138685000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
129072000
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
140837000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-997000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80777000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74085000
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
87519000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
6049000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
43992000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
46475000
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
378481000
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.27
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44200000
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46931000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46107000
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45754000
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.03
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45419000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48195000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47452000
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47149000
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
255658000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
261994000
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
275659000
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
309879000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
57929000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
64007000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
72897000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
92475000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37139000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43283000
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43149000
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
47101000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
21727000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
24529000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
24799000
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
20482000
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30658000
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30680000
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30695000
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30713000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31538000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31620000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31698000
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31798000

Files In Submission

Name View Source Status
0001564590-18-003921-index-headers.html Edgar Link pending
0001564590-18-003921-index.html Edgar Link pending
0001564590-18-003921.txt Edgar Link pending
0001564590-18-003921-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g2018030100524478530208.jpg Edgar Link pending
nxst-10k_20171231.htm Edgar Link pending
nxst-20171231.xml Edgar Link completed
nxst-20171231.xsd Edgar Link pending
nxst-20171231_cal.xml Edgar Link unprocessable
nxst-20171231_def.xml Edgar Link unprocessable
nxst-20171231_lab.xml Edgar Link unprocessable
nxst-20171231_pre.xml Edgar Link unprocessable
nxst-ex1010_58.htm Edgar Link pending
nxst-ex1011_59.htm Edgar Link pending
nxst-ex1029_55.htm Edgar Link pending
nxst-ex1076_454.htm Edgar Link pending
nxst-ex1077_524.htm Edgar Link pending
nxst-ex108_56.htm Edgar Link pending
nxst-ex109_57.htm Edgar Link pending
nxst-ex211_7.htm Edgar Link pending
nxst-ex231_9.htm Edgar Link pending
nxst-ex311_8.htm Edgar Link pending
nxst-ex312_11.htm Edgar Link pending
nxst-ex321_10.htm Edgar Link pending
nxst-ex322_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending