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Segment Information
9 Months Ended
Sep. 30, 2011
Segment Information [Abstract] 
Segment Information
14. Segment Information

The Company reports financial data for three segments: television, radio and Fisher Plaza. The television segment includes the operations of the Company's 20 owned and/or operated television stations (including a 50%-owned television station) and the Company's internet business. The radio segment includes the operations of the Company's three radio stations and one managed radio station. The Fisher Plaza segment includes the operations of a communications center located near downtown Seattle that serves as home of the Company's Seattle television and radio operations, the Company's corporate offices and third-party tenants. The segment data includes additional allocation of depreciation and certain operating expenses from Fisher Plaza to our television and radio segments, and certain corporate expenses are allocated to our television and radio segments on a pro-rata basis. Other includes corporate and administrative expenses that are not attributable to the operations of the television, radio or Fisher Plaza segments.

 

Revenue for each segment is as follows (in thousands):

 

     Three months ended September 30,      Nine months ended September 30,  
     2011     2010      2011     2010  

Television

   $ 30,522      $ 31,986       $ 90,557      $ 89,634   

Radio

     5,344        6,179         15,876        17,057   

Fisher Plaza

     3,853        3,666         11,361        10,659   

Other

     (19     —           (192     (123
  

 

 

   

 

 

    

 

 

   

 

 

 
   $ 39,700      $ 41,831       $ 117,602      $ 117,227   
  

 

 

   

 

 

    

 

 

   

 

 

 

For the three and nine months ended September 30, 2011 intercompany sales amounted to $19,000 and $192,000, respectively, relating primarily to sales between the Company's television and radio segments. For the three and nine months ended September 30, 2010 intercompany sales amounted to nil and $123,000, respectively, relating primarily to sales between the Company's television and radio segments.

Income (loss) from continuing operations for each segment is as follows (in thousands):

 

     Three months ended September 30,     Nine months ended September 30,  
     2011     2010     2011     2010  

Television

   $ 4,417      $ 4,521      $ 11,261      $ 9,479   

Radio

     1,155        1,599        2,423        2,241   

Fisher Plaza

     2,131        4,583        6,471        8,055   

Other

     (3,455     (3,317     (7,996     (10,075
  

 

 

   

 

 

   

 

 

   

 

 

 
   $ 4,248      $ 7,386      $ 12,159      $ 9,700   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total assets for each segment are as follows (in thousands):

 

     September 30,      December 31,  
     2011      2010  

Television

   $ 117,591       $ 141,707   

Radio

     13,493         14,483   

Fisher Plaza

     104,822         108,271   

Other

     50,804         55,894   
  

 

 

    

 

 

 
     286,710         320,355   

Assets held for sale

     634         537   
  

 

 

    

 

 

 
   $ 287,344       $ 320,892