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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement Abstract        
NET REVENUES $ 372,124 $ 124,970 $ 672,684 $ 223,971
OPERATING EXPENSE:        
Station operating expenses, including non-cash compensation expense 275,839 91,004 531,563 168,170
Depreciation and amortization expense 10,666 2,517 19,137 5,164
Corporate general and administrative expenses, including non-cash compensation expense 19,032 8,876 37,701 19,441
Integration Costs 9,494 0 19,223 0
Restructuring Charges 686 0 2,167 0
Merger and acquisition costs and restructuring charges 687 5,829 2,071 16,100
Impairment loss 28,988 441 28,988 441
Total Restructuring Charge and Transition Services     0  
Net time brokerage agreement (income) fees (666) 0 (1,092) 34
Net (gain) loss on sale or disposal of assets (154) (76) (315) 13,258
Total operating expense 344,572 108,591 639,443 222,608
OPERATING INCOME (LOSS) 27,552 16,379 33,241 1,363
OTHER (INCOME) EXPENSE:        
Net interest expense 25,706 6,133 49,110 12,110
Net (gain) loss on extinguishment of debt     0 0
TOTAL OTHER (INCOME) EXPENSE 0 0 0 0
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 1,846 10,246 (15,869) (10,747)
INCOME TAXES (BENEFIT) 249 3,832 (3,260) (7,830)
INCOME (LOSS) FROM CONTINUING OPERATIONS 1,597 6,414 (12,609) (2,917)
Preferred stock dividend 0 (550) 0 (1,100)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS 1,597 5,864 (12,609) (4,017)
Income Loss From Discontinued Operations Net Of Tax 844 0 1,172 0
NET INCOME (LOSS) $ 2,441 $ 5,864 $ (11,437) $ (4,017)
NET INCOME (LOSS) PER SHARE - BASIC        
Income (loss) from continuing operations $ 0.01 $ 0.15 $ (0.09) $ (0.1)
Income (loss) from discontinued operations, net of income (taxes) benefit 0.01 0 0.01 0
NET INCOME (LOSS) PER SHARE - BASIC 0.02 0.15 (0.08) (0.1)
NET INCOME (LOSS) PER SHARE - DILUTED        
Income (loss) from continuing operations 0.01 0.15 (0.09) (0.1)
Income (loss) from discontinued operations, net of income (taxes) benefit 0.01 0 0.01 0
NET INCOME (LOSS) PER SHARE - DILUTED 0.02 0.15 (0.08) (0.1)
DIVIDENDS DECLARED AND PAID PER COMMON SHARE $ 0.09 $ 0.075 $ 0.18 $ 0.15
WEIGHTED AVERAGE SHARES:        
Basic 138,638,554 38,944,620 138,961,728 38,935,161
Diluted 139,263,363 39,655,599 138,961,728 38,935,161