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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS        
NET REVENUE $ 121,571 $ 115,206 $ 220,020 $ 214,827
OPERATING EXPENSES:        
Programming and technical including stock-based compensation of $27 and $0, and $47 and $0, respectively 30,524 30,375 61,474 62,522
Selling, general and administrative, including stock-based compensation of $86 and $158, and $197 and $416, respectively 44,816 40,648 77,955 75,883
Corporate selling, general and administrative, including stock-based compensation of $87 and $967, and $467 and $2,085, respectively 8,301 11,122 18,270 21,202
Depreciation and amortization 3,584 8,248 11,858 16,536
Impairment of long-lived assets 3,800 0 3,800 6,556
Total operating expenses 91,025 90,393 173,357 182,699
Operating income 30,546 24,813 46,663 32,128
INTEREST INCOME 63 17 86 161
INTEREST EXPENSE 22,003 19,155 44,154 38,436
GAIN ON RETIREMENT OF DEBT 0 (626) 0 (865)
OTHER INCOME, net (1,649) (2,014) (3,370) (3,915)
Income (loss) before provision for (benefit from) income taxes and noncontrolling interests in income of subsidiaries 10,255 8,315 5,965 (1,367)
PROVISION FOR (BENEFIT FROM) INCOME TAXES 3,118 (15,581) 1,807 (2,741)
CONSOLIDATED NET INCOME 7,137 23,896 4,158 1,374
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 546 306 671 339
CONSOLIDATED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 6,591 $ 23,590 $ 3,487 $ 1,035
BASIC NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.15 $ 0.51 $ 0.08 $ 0.02
DILUTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.14 $ 0.49 $ 0.08 $ 0.02
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 45,061,821 46,033,402 45,175,521 46,321,633
Diluted 45,701,655 48,438,693 45,984,939 48,777,798