Sinclair Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
SBGI$15.11+6.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS
| Three Months Ended June 30, 2023 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Sinclair Shareholders | |||||||||
| Class ACommon Stock · Class BCommon Stock · AdditionalPaid-InCapital · Retained Earnings · AccumulatedOtherComprehensive(Loss) Income · NoncontrollingInterests · Total Equity | |||||||||
| Shares · Values · Shares · Values | |||||||||
| BALANCE, March 31, 2023 | 44,360,502 | $1 | 23,775,056 | $— | $602 | $289 | $(2) | $(59) | $831 |
| Dividends declared and paid on Class A and Class B Common Stock ($0.25 per share) | — | — | — | — | — | (16) | — | — | (16) |
| Repurchases of Class A Common Stock | (5,201,809) | — | — | — | (100) | — | — | — | (100) |
| Class A Common Stock issued pursuant to employee benefit plans | 116,150 | — | — | — | 8 | — | — | — | 8 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (4) | (4) |
| Other comprehensive income | — | — | — | — | — | — | 9 | — | 9 |
| Net (loss) income | — | — | — | — | — | (89) | — | 2 | (87) |
| BALANCE, June 30, 2023 | 39,274,843 | $1 | 23,775,056 | $— | $510 | $184 | $7 | $(61) | $641 |
| Six Months Ended June 30, 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Sinclair Shareholders | ||||||||||
| Redeemable Noncontrolling Interests · Class ACommon Stock · Class BCommon Stock · AdditionalPaid-InCapital · Retained Earnings · AccumulatedOtherComprehensiveIncome · NoncontrollingInterests · Total Equity | ||||||||||
| Shares · Values · Shares · Values | ||||||||||
| BALANCE, December 31, 2022 | $194 | 45,847,879 | $1 | 23,775,056 | $— | $624 | $122 | $1 | $(67) | $681 |
| Dividends declared and paid on Class A and Class B Common Stock ($0.50 per share) | — | — | — | — | — | — | (34) | — | — | (34) |
| Repurchases of Class A Common Stock | — | (8,785,022) | — | — | — | (153) | — | — | — | (153) |
| Class A Common Stock issued pursuant to employee benefit plans | — | 2,211,986 | — | — | — | 39 | — | — | — | 39 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | (8) | (8) |
| Other comprehensive income | — | — | — | — | — | — | — | 6 | — | 6 |
| Redemption of redeemable subsidiary preferred equity, net of fees | (190) | — | — | — | — | — | — | — | — | — |
| Net (loss) income | (4) | — | — | — | — | — | 96 | — | 14 | 110 |
| BALANCE, June 30, 2023 | $— | 39,274,843 | $1 | 23,775,056 | $— | $510 | $184 | $7 | $(61) | $641 |
CONSOLIDATED STATEMENTS OF EQUITY
| Three Months Ended June 30, 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Sinclair Shareholders | |||||||||
| Class ACommon Stock · Class BCommon Stock · AdditionalPaid-InCapital · Accumulated Deficit · AccumulatedOtherComprehensive Income · NoncontrollingInterests · Total Equity | |||||||||
| Shares · Values · Shares · Values | |||||||||
| BALANCE, March 31, 2024 | 42,305,323 | $1 | 23,775,056 | $— | $554 | $(227) | $5 | $(64) | $269 |
| Dividends declared and paid on Class A and Class B Common Stock ($0.25 per share) | — | — | — | — | — | (17) | — | — | (17) |
| Class A Common Stock issued pursuant to employee benefit plans | 200,448 | — | — | — | 6 | — | — | — | 6 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (3) | (3) |
| Other comprehensive income | — | — | — | — | — | — | 1 | — | 1 |
| Net income | — | — | — | — | — | 17 | — | 2 | 19 |
| BALANCE, June 30, 2024 | 42,505,771 | $1 | 23,775,056 | $— | $560 | $(227) | $6 | $(65) | $275 |
| Six Months Ended June 30, 2024 | |||||||||
| Sinclair Shareholders | |||||||||
| Class ACommon Stock · Class BCommon Stock · AdditionalPaid-InCapital · Accumulated Deficit · AccumulatedOtherComprehensive Income · NoncontrollingInterests · Total Equity | |||||||||
| Shares · Values · Shares · Values | |||||||||
| BALANCE, December 31, 2023 | 39,737,682 | $1 | 23,775,056 | $— | $517 | $(234) | $1 | $(64) | $221 |
| Dividends declared and paid on Class A and Class B Common Stock ($0.50 per share) | — | — | — | — | — | (33) | — | — | (33) |
| Class A Common Stock issued pursuant to employee benefit plans | 2,768,089 | — | — | — | 43 | — | — | — | 43 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (5) | (5) |
| Other comprehensive income | — | — | — | — | — | — | 5 | — | 5 |
| Net income | — | — | — | — | — | 40 | — | 4 | 44 |
| BALANCE, June 30, 2024 | 42,505,771 | $1 | 23,775,056 | $— | $560 | $(227) | $6 | $(65) | $275 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.