XML 21 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS    
NET REVENUE $ 376,337 $ 436,929
OPERATING EXPENSES:    
Programming and technical, including stock-based compensation of $20 and $78, respectively 103,833 128,804
Selling, general and administrative, including stock-based compensation of $413 and $759, respectively 109,046 152,550
Corporate selling, general and administrative, including stock-based compensation of $1,861 and $3,947, respectively 37,721 40,894
Depreciation and amortization 9,741 16,985
Impairment of long-lived assets 84,400 10,600
Total operating expenses 344,741 349,833
Operating income 31,596 87,096
INTEREST INCOME 213 150
INTEREST EXPENSE 74,507 81,400
LOSS ON RETIREMENT OF DEBT (2,894)  
OTHER INCOME, net (4,547) (7,075)
(Loss) income before (benefit from) provision for income taxes and noncontrolling interests in income of subsidiaries (41,045) 12,921
(BENEFIT FROM) PROVISION FOR INCOME TAXES (34,476) 10,864
CONSOLIDATED NET (LOSS) INCOME (6,569) 2,057
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,544 1,132
CONSOLIDATED NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (8,113) $ 925
BASIC NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS:    
Net (loss) income attributable to common stockholders $ (0.18) $ 0.02
DILUTED NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS:    
Net (loss) income attributable to common stockholders $ (0.18) $ 0.02
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 45,041,467 44,699,586
Diluted 45,041,467 47,921,671