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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
NET REVENUES $ 304,464 $ 175,868 $ 545,229 $ 472,898
OPERATING EXPENSE:        
Station operating expenses 245,456 189,473 457,952 439,524
Depreciation and amortization expense 14,621 12,620 26,213 25,118
Corporate general and administrative expenses 23,714 10,276 47,294 27,513
Integration costs 0 (132) 0 490
Restructuring charges 1,734 4,895 1,919 9,104
Impairment loss 701 4,157 1,345 5,207
Refinancing expenses 0 0 473 0
Other expenses 293 61 321 61
Total operating expense 286,519 221,350 535,517 507,017
OPERATING INCOME (LOSS) 17,945 (45,482) 9,712 (34,119)
NET INTEREST EXPENSE 22,553 21,642 43,713 45,263
Net (gain) loss on extinguishment of debt 0 0 8,168 0
Net (gain) loss on sale or disposal of assets 3,725 228 3,727 228
Other (income) expense (434) 0 (446) 0
Nonoperating Income (Expense) (4,159) (228) 3,995 (228)
(LOSS) BEFORE INCOME TAXES (BENEFIT) (449) (66,896) (37,996) (79,154)
INCOME TAX (BENEFIT) EXPENSE (1,875) (13,085) (17,775) (16,205)
NET INCOME (LOSS) $ 1,426 $ (53,811) $ (20,221) $ (62,949)
NET INCOME (LOSS) PER SHARE - BASIC (in dollars per share) $ 0.01 $ (0.40) $ (0.15) $ (0.47)
NET INCOME (LOSS) PER SHARE - DILUTED (in dollars per share) $ 0.01 $ (0.40) $ (0.15) $ (0.47)
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 135,808,435 134,804,963 135,784,286 134,785,749
Diluted (in shares) 137,786,768 134,804,963 135,784,286 134,785,749