Reconciliation of Non GAAP measure to GAAP measure

The reconciliation of net loss to adjusted EBITDA is as follows:

	For the Years Ended December 31,
	2015			2014			2013
	(In thousands)
Adjusted EBITDA reconciliation:
Consolidated net loss applicable to common stockholders, as reported	$	(74,022	)	$	(62,670	)	$	(61,981	)
Interest income		(102	)		(366	)		(245	)
Interest expense		80,038			79,810			89,196
Provision for income taxes		15,058			34,814			28,719
Depreciation and amortization		35,355			36,822			37,870
EBITDA	$	56,327		$	88,410		$	93,559
Stock-based compensation		5,107			1,594			191
Loss on retirement of debt		7,091			5,679			—
Other expense (income), net		216			(32	)		(307	)
Noncontrolling interests in income of subsidiaries		7,888			19,930			18,471
Impairment of long-lived assets		41,211			—			14,880
Employment Agreement and incentive plan award expenses		4,884			4,606			2,301
Severance related costs		2,746			1,201			1,233
Income from discontinued operations, net of tax		—			—			(885	)
Adjusted EBITDA	$	125,470		$	121,388		$	129,443

	Three Months Ended March 31,
	2016			2015
	(In thousands)
Adjusted EBITDA reconciliation:
Consolidated net loss attributable to common stockholders, as reported	$	(3,947	)	$	(18,489
Add back non-station operating income items included in consolidated net loss:
Interest income		(68	)		(7	)
Interest expense		20,638			19,245
Provision for income taxes		1,775			8,530
Depreciation and amortization		8,682			9,088
EBITDA	$	27,080		$	18,367
Stock-based compensation		772			1,581
Other income, net		(11	)		(152	)
Noncontrolling interests in income of subsidiaries		421			6,466
Employment Agreement Award and incentive plan award expenses		2,239			368
Severance related costs		231			475
Adjusted EBITDA	$	30,732		$	27,105