XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net revenue $ 263,679 $ 264,030
Operating expenses:    
Content costs 99,815 101,780
Selling, general and administrative expenses 115,134 114,390
Depreciation and amortization 11,981 16,282
Local marketing agreement fees 1,107 2,707
Corporate expenses (including stock-based compensation expense of $166 and $538, respectively) 10,487 10,955
Loss (gain) on sale or disposal of assets or stations 11 (2,606)
Total operating expenses 238,535 243,508
Operating income 25,144 20,522
Non-operating expense:    
Reorganization items, net (30,167) 0
Interest expense (128) (34,063)
Interest income 29 37
Other income, net 3 83
Total non-operating expense, net (30,263) (33,943)
Loss before income taxes (5,119) (13,421)
Income tax benefit 118 6,026
Net loss $ (5,001) $ (7,395)
Basic and diluted loss per common share (see Note 9, “Loss Per Share”):    
Basic: Loss per share (USD per share) $ (0.17) $ (0.25)
Diluted: Loss per share (USD per share) $ (0.17) $ (0.25)
Weighted average basic common shares outstanding (in shares) 29,306,374 29,306,374
Diluted weighted average shares outstanding 29,306,374 29,306,374