XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net revenue $ 258,514 $ 254,134 $ 242,038
Expenses:      
Cost of revenue - digital media 9,536 7,242 2,993
Direct operating expenses (including related parties of $10,302, $9,306, and $10,655) (including non-cash stock-based compensation of $1,330, $1,931, and $1,294) 113,439 110,323 104,874
Selling, general and administrative expenses 46,798 42,815 37,806
Corporate expenses (including non-cash stock-based compensation of $3,705, $3,309, and $3,057) 24,543 22,520 21,301
Depreciation and amortization (includes direct operating of $9,206, $10,326, and $10,037; selling, general and administrative of $4,735, $4,219, and $3,847; and corporate of $1,401, $1,444, and $779) (including related parties of $2,320, $2,321, and $2,320) 15,342 15,989 14,663
Impairment charge     735
Total expenses 209,658 198,889 182,372
Operating income 48,856 55,245 59,666
Interest expense (15,469) (13,047) (13,904)
Interest income 300 45 50
Loss on debt extinguishment (161) (204) (246)
Income (loss) before income taxes 33,526 42,039 45,566
Income tax (expense) benefit (13,121) (16,414) (18,444)
Net income $ 20,405 $ 25,625 $ 27,122
Basic and diluted earnings per share:      
Net income per share, basic $ 0.23 $ 0.29 $ 0.31
Net income per share, diluted 0.22 0.28 0.30
Cash dividends declared per common share, basic 0.13 0.11 0.10
Cash dividends declared per common share, diluted $ 0.12 $ 0.10 $ 0.10
Weighted average common shares outstanding, basic 89,340,589 87,920,230 88,680,322
Weighted average common shares outstanding, diluted 91,303,056 90,295,185 90,943,734