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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
NET REVENUE $ 110,730 $ 112,078 $ 325,557 $ 331,005
OPERATING EXPENSES:        
Programming and technical, including stock-based compensation of $30 and $0, and $30 and $0, respectively 30,982 34,892 93,504 99,798
Selling, general and administrative, including stock-based compensation of $166 and $326, and $582 and $453, respectively 36,530 36,851 112,413 114,280
Corporate selling, general and administrative, including stock-based compensation of $938 and $1,329, and $3,023 and $1,493, respectively 2,784 11,608 23,986 30,139
Depreciation and amortization 8,333 8,804 24,869 25,548
Impairment of long-lived assets 0 16,392 6,556 29,148
Total operating expenses 78,629 108,547 261,328 298,913
Operating income 32,101 3,531 64,229 32,092
INTEREST INCOME 33 12 194 160
INTEREST EXPENSE 18,987 19,938 57,423 60,147
(GAIN) LOSS ON RETIREMENT OF DEBT (120) (690) (985) 6,393
GAIN ON SALE-LEASEBACK 0 0 0 (14,411)
OTHER INCOME, net (1,935) (1,850) (5,850) (4,745)
Income (loss) before benefit from income taxes and noncontrolling interests in income of subsidiaries 15,202 (13,855) 13,835 (15,132)
BENEFIT FROM INCOME TAXES (8,173) (6,037) (10,914) (5,967)
CONSOLIDATED NET INCOME (LOSS) 23,375 (7,818) 24,749 (9,165)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 331 68 670 232
CONSOLIDATED NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 23,044 $ (7,886) $ 24,079 $ (9,397)
BASIC NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income (loss) attributable to common stockholders $ 0.51 $ (0.17) $ 0.52 $ (0.20)
DILUTED NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income (loss) attributable to common stockholders $ 0.49 $ (0.17) $ 0.50 $ (0.20)
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 45,128,341 46,681,585 45,946,820 47,487,607
Diluted 47,462,358 46,681,585 48,376,362 47,487,607