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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS        
NET REVENUE $ 121,403 $ 111,463 $ 352,562 $ 310,496
OPERATING EXPENSES:        
Programming and technical including stock-based compensation of $0 and $4, and $0 and $14, respectively 29,490 29,230 86,359 80,843
Selling, general and administrative, including stock-based compensation of $5 and $0, and $5 and $31, respectively 41,076 33,102 111,850 94,599
Corporate selling, general and administrative, including stock-based compensation of $5,004 and $49, and $5,464 and $433, respectively 14,908 12,320 36,232 31,977
Depreciation and amortization 2,505 2,336 7,391 6,925
Impairment of long-lived assets 14,450   31,383 0
Total operating expenses 102,429 76,988 273,215 214,344
Operating income 18,974 34,475 79,347 96,152
INTEREST INCOME 415 13 474 185
INTEREST EXPENSE 15,310 15,896 47,123 49,794
(GAIN) LOSS ON RETIREMENT OF DEBT (1,837) 0 (3,692) 6,949
OTHER INCOME, net (2,021) (2,120) (13,732) (6,166)
Income before provision for income taxes and noncontrolling interests in income of subsidiaries 7,937 20,712 50,122 45,760
PROVISION FOR INCOME TAXES 3,364 6,257 12,675 12,366
CONSOLIDATED NET INCOME 4,573 14,455 37,447 33,394
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 360 579 1,831 1,645
CONSOLIDATED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 4,213 $ 13,876 $ 35,616 $ 31,749
Earnings Per Share        
Net income attributable to common stockholders $ 0.09 $ 0.27 $ 0.72 $ 0.64
DILUTED NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income attributable to common stockholders $ 0.08 $ 0.25 $ 0.67 $ 0.59
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 46,625,484 51,190,105 49,504,238 49,816,663
Diluted 50,206,608 55,080,394 53,171,793 53,832,135