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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenue $ 196,385 $ 280,808 $ 570,321 $ 827,977
Operating expenses:        
Content costs 82,014 98,335 236,304 295,931
Selling, general and administrative expenses 86,323 115,289 269,856 344,609
Depreciation and amortization 13,151 11,885 39,063 40,020
Local marketing agreement fees 984 902 3,037 2,383
Corporate expenses 16,926 11,905 39,065 47,097
Loss (gain) on sale or disposal of assets or stations 1,930 (8,188) 7,513 (55,912)
Impairment of assets held for sale 0 5,000 0 5,000
Impairment of intangible assets 0 0 4,509 0
Total operating expenses 201,328 235,128 599,347 679,128
Operating (loss) income (4,943) 45,680 (29,026) 148,849
Non-operating expense:        
Interest expense (15,930) (22,754) (48,977) (66,101)
Interest income 1 9 6 21
Gain on early extinguishment of debt 0 0 0 381
Other (expense) income, net (13) 18 (76) (44)
Total non-operating expense, net (15,942) (22,727) (49,047) (65,743)
(Loss) income before income taxes (20,885) 22,953 (78,073) 83,106
Income tax benefit (expense) 5,082 (6,630) 18,603 (23,471)
Net (loss) income $ (15,803) $ 16,323 $ (59,470) $ 59,635
Basic and diluted (loss) earnings per common share (see Note 10, "(Loss) Earnings Per Share"):        
Basic: (Loss) Earnings per share (USD per share)   $ 0.81   $ 2.96
Diluted: (Loss) Earnings per share (USD per share)   $ 0.81   $ 2.95
Weighted average basic common shares outstanding (in shares) 20,339,895 20,164,876 20,299,461 20,115,868
Weighted average diluted common shares outstanding (in shares) 20,339,895 20,216,314 20,299,461 20,249,682