SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

SEGMENT INFORMATION

Schedule of segment reporting information

	Three Months Ended
	March 31,
	2022		2021
	(Unaudited)
	(In thousands)
Net Revenue:
Radio Broadcasting	$	31,493	$	27,788
Reach Media		10,030		7,816
Digital		15,486		10,355
Cable Television		56,434		46,241
Corporate/Eliminations*		(1,094)		(760)
Consolidated	$	112,349	$	91,440
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
Radio Broadcasting	$	23,618	$	23,329
Reach Media		6,196		5,174
Digital		10,864		8,053
Cable Television		26,147		21,521
Corporate/Eliminations		6,581		7,342
Consolidated	$	73,406	$	65,419
Depreciation and Amortization:
Radio Broadcasting	$	815	$	729
Reach Media		47		58
Digital		333		324
Cable Television		946		929
Corporate/Eliminations		264		224
Consolidated	$	2,405	$	2,264
Operating income (loss):
Radio Broadcasting	$	7,060	$	3,730
Reach Media		3,787		2,584
Digital		4,289		1,978
Cable Television		29,341		23,791
Corporate/Eliminations		(7,939)		(8,326)
Consolidated	$	36,538	$	23,757
*  Intercompany revenue included in net revenue above is as follows:
Radio Broadcasting	$	(1,094)	$	(760)

Capital expenditures by segment are as follows:
Radio Broadcasting	$	640	$	261
Reach Media		21		1
Digital		225		326
Cable Television		383		38
Corporate/Eliminations		307		178
Consolidated	$	1,576	$	804

	As of
	March 31,		December 31,
	2022		2021
	(Unaudited)
	(In thousands)
Total Assets:
Radio Broadcasting	$	621,887	$	627,948
Reach Media		35,924		33,451
Digital		26,631		32,915
Cable Television		394,468		367,896
Corporate/Eliminations		205,725		198,898
Consolidated	$	1,284,635	$	1,261,108