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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Net revenue $ 313,885 $ 262,535 $ 934,176 $ 750,680
Operating expenses:        
Content costs 106,574 65,559 316,868 189,765
Other direct operating expenses 119,864 99,202 353,588 292,576
Depreciation and amortization 29,143 27,614 87,095 82,814
LMA fees 2,021 609 5,226 2,293
Corporate expenses (including stock-based compensation expense of $4,399, $2,259, $12,645 and $7,393, respectively) 14,756 11,757 53,215 33,517
Gain on sale of assets or stations (373) (5,198) (1,271) (3,662)
Loss (gain) on derivative instrument 0 172 0 (2,672)
Total operating expenses 271,985 199,715 814,721 594,631
Operating income 41,900 62,820 119,455 156,049
Non-operating (expense) income:        
Interest expense (36,647) (45,502) (109,380) (134,221)
Interest income 352 308 1,024 942
Loss on early extinguishment of debt 0 0 0 (4,539)
Other income (expense), net 443 (139) 3,972 (247)
Total non-operating expense, net (35,852) (45,333) (104,384) (138,065)
Income from continuing operations before income taxes 6,048 17,487 15,071 17,984
Income tax expense (3,508) (6,995) (6,663) (19,043)
Income (loss) from continuing operations 2,540 10,492 8,408 (1,059)
(Loss) income from discontinued operations, net of taxes 0 (3,455) 0 26,207
Net income 2,540 7,037 8,408 25,148
Less: dividends declared and accretion of redeemable preferred stock 0 4,369 0 10,676
Income attributable to common shareholders $ 2,540 $ 2,668 $ 8,408 $ 14,472
Basic and diluted income (loss) per common share (see Note 11, “Earnings (Loss) Per Share”):        
Basic: Income (loss) from continuing operations per share $ 0.01 $ 0.03 $ 0.04 $ (0.07)
(Loss) income from discontinued operations per share $ 0.00 $ (0.02) $ 0.00 $ 0.15
Income per share $ 0.01 $ 0.01 $ 0.04 $ 0.08
Diluted: Income (loss) from continuing operations per share $ 0.01 $ 0.03 $ 0.04 $ (0.07)
(Loss) income from discontinued operations per share $ 0.00 $ (0.02) $ 0.00 $ 0.15
Income per share $ 0.01 $ 0.01 $ 0.04 $ 0.08
Weighted average basic common shares outstanding 231,885,444 179,669,739 224,074,622 176,994,583
Weighted average diluted common shares outstanding 233,222,153 183,131,260 227,802,636 180,032,349