SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2019

SEGMENT INFORMATION

Schedule of Segment Reporting Information, by Segment

	Three Months Ended
	March 31,
	2019		2018
	(Unaudited)
	(In thousands)
Net Revenue:
Radio Broadcasting	$	36,749	$	39,513
Reach Media		6,973		6,520
Digital		7,437		8,146
Cable Television		47,823		46,186
Corporate/Eliminations*		(533)		(744)
Consolidated	$	98,449	$	99,621
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
Radio Broadcasting	$	26,887	$	27,241
Reach Media		6,352		6,501
Digital		7,545		10,445
Cable Television		25,976		26,666
Corporate/Eliminations		7,298		6,609
Consolidated	$	74,058	$	77,462
Depreciation and Amortization:
Radio Broadcasting	$	869	$	870
Reach Media		59		63
Digital		461		476
Cable Television		6,575		6,557
Corporate/Eliminations		310		322
Consolidated	$	8,274	$	8,288
Impairment of Long-Lived Assets:
Radio Broadcasting	$	—	$	6,556
Reach Media		—		—
Digital		—		—
Cable Television		—		—
Corporate/Eliminations		—		—
Consolidated	$	—	$	6,556
Operating income (loss):
Radio Broadcasting	$	8,993	$	4,846
Reach Media		562		(44)
Digital		(569)		(2,775)
Cable Television		15,272		12,963
Corporate/Eliminations		(8,141)		(7,675)
Consolidated	$	16,117	$	7,315

*Intercompany revenue included in net revenue above is as follows:

Radio Broadcasting $ (533) $ (744)

Capital expenditures by segment are as follows:

Radio Broadcasting	$	221	$	417
Reach Media		19		34
Digital		318		380
Cable Television		96		42
Corporate/Eliminations		53		41
Consolidated	$	707	$	914

	March 31, 2019		December 31, 2018
	(Unaudited)
	(In thousands)
Total Assets:
Radio Broadcasting	$	742,201	$	717,400
Reach Media		37,149		34,388
Digital		27,182		24,389
Cable Television		413,189		402,511
Corporate/Eliminations		51,868		58,721
Consolidated	$	1,271,589	$	1,237,409