v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 13,046 $ 27,923
Restricted cash 11,305 0
Accounts receivable (less allowances — $7,358 and $5,909) 526,417 569,307
Miscellaneous 42,714 47,255
Total assets held for sale 0 102,933
Total current assets 593,482 747,418
Investments 12,188 14,369
Property and equipment 424,827 407,966
Operating lease right-of-use assets 85,747 95,975
Goodwill 929,814 1,918,334
Other intangible assets 1,323,662 1,517,776
Programming 249,897 280,359
Miscellaneous 26,340 26,431
Total Assets 3,645,957 5,008,628
Current liabilities:    
Accounts payable 65,938 63,420
Unearned revenue 27,604 22,166
Current portion of long-term debt 0 8,854
Accrued liabilities:    
Employee compensation and benefits 41,261 55,657
Accrued taxes 55,876 34,576
Programming liability 125,580 141,914
Accrued interest 50,326 53,791
Miscellaneous 45,749 41,813
Other current liabilities 31,627 24,347
Liabilities held for sale 0 7,063
Total current liabilities 443,961 453,601
Long-term debt (less current portion) 2,493,889 2,585,534
Deferred income taxes 192,996 268,427
Operating lease liabilities 78,329 85,885
Other liabilities (less current portion) 336,095 369,089
Equity:    
Total preferred and common stock 420,086 420,049
Additional paid-in capital 1,474,490 1,467,347
Accumulated deficit (1,729,921) (576,881)
Accumulated other comprehensive loss, net of income taxes (63,968) (64,423)
Total equity 100,687 1,246,092
Total Liabilities and Equity 3,645,957 5,008,628
Preferred stock    
Equity:    
Preferred stock 0 0
Preferred stock, Series A    
Equity:    
Preferred stock 419,159 419,159
Common stock, Class A    
Equity:    
Common stock 808 771
Common stock, Voting    
Equity:    
Common stock $ 119 $ 119