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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
NET REVENUES $ 175,868 $ 380,665 $ 472,898 $ 689,670
OPERATING EXPENSE:        
Station operating expenses 189,473 279,170 439,524 528,155
Depreciation and amortization expense 12,620 10,964 25,118 22,069
Corporate general and administrative expenses 10,276 17,315 27,513 38,250
Integration costs (132) 1,456 490 2,591
Restructuring charges 4,895 3,362 9,104 4,376
Impairment loss 4,157 0 5,207 0
Merger and acquisition costs 61 33 61 42
Other expenses related to financing 0 1,864 0 1,864
Net time brokerage agreement (income) fees 0 53 0 93
Net (gain) loss on sale or disposal of assets (228) 1,686 (228) (2,914)
Total operating expense 221,122 315,903 506,789 594,526
OPERATING INCOME (LOSS) (45,254) 64,762 (33,891) 95,144
Interest expense 21,642 24,944 45,263 50,164
Loss on extinguishment of debt 0 1,781 0 1,781
OTHER (INCOME) EXPENSE 0 1,781 0 1,781
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) (66,896) 38,037 (79,154) 43,199
INCOME TAX (BENEFIT) EXPENSE (13,085) 12,045 (16,205) 14,083
NET INCOME (LOSS) $ (53,811) $ 25,992 $ (62,949) $ 29,116
NET INCOME (LOSS) PER SHARE - BASIC (in dollars per share) $ (0.40) $ 0.19 $ (0.47) $ 0.21
NET INCOME (LOSS) PER SHARE - DILUTED (in dollars per share) $ (0.40) $ 0.19 $ (0.47) $ 0.21
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 134,804,963 138,760,483 134,785,749 138,684,845
Diluted (in shares) 134,804,963 139,074,229 134,785,749 139,221,904