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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net Revenue $ 69,241,000 $ 74,329,000 $ 133,921,000 $ 141,167,000
Expenses:        
Direct operating expenses (including related parties of $2,007, $2,208, $3,969 and $4,256) (including non-cash stock-based compensation of $116, $76, $250 and $293) 29,655,000 31,117,000 58,585,000 62,150,000
Selling, general and administrative expenses 13,545,000 12,673,000 27,359,000 25,967,000
Corporate expenses (including non-cash stock-based compensation of $719, $1,100, $1,385 and $2,133) 6,501,000 6,266,000 13,395,000 12,241,000
Depreciation and amortization (includes direct operating of $2,968, $2,560, $5,462 and $5,097; selling, general and administrative of $1,176, $1,301, $2,445 and $2,614; and corporate of $162, $153, $315 and $242) (including related parties of $307, $307, $615 and $614) 4,306,000 4,019,000 8,222,000 7,958,000
Change in fair value contingent consideration (2,735,000) (913,000) (2,376,000) 1,187,000
Impairment charge 22,368,000   22,368,000  
Foreign currency (gain) loss (82,000) (17,000) 50,000 196,000
Other operating (gain) loss (1,597,000) (273,000) (3,593,000) (295,000)
Operating income (loss) (11,579,000) 10,073,000 (6,590,000) 9,754,000
Interest expense (3,554,000) (4,001,000) (7,044,000) (7,399,000)
Interest income 857,000 1,039,000 1,776,000 1,952,000
Dividend income 251,000 417,000 506,000 545,000
Income (loss) before income taxes (14,025,000) 7,528,000 (11,352,000) 4,852,000
Income tax benefit (expense) (2,252,000) (2,652,000) (3,345,000) (1,721,000)
Income (loss) before equity in net income (loss) of nonconsolidated affiliate (16,277,000) 4,876,000 (14,697,000) 3,131,000
Equity in net income (loss) of nonconsolidated affiliate, net of tax (2,000) (36,000) (158,000) (98,000)
Net income (loss) $ (16,279,000) $ 4,840,000 $ (14,855,000) $ 3,033,000
Basic and diluted earnings per share:        
Net income (loss) per share, basic and diluted $ (0.19) $ 0.05 $ (0.17) $ 0.03
Cash dividends declared per common share $ 0.05 $ 0.05 $ 0.10 $ 0.05
Weighted average common shares outstanding, basic 85,359,998 88,959,935 85,728,820 89,635,759
Weighted average common shares outstanding, diluted 85,359,998 90,021,949 85,728,820 90,805,086
Digital Media        
Net Revenue $ 16,804,000 $ 20,558,000 $ 31,276,000 $ 38,802,000
Expenses:        
Cost of revenue 8,859,000 11,384,000 16,501,000 22,009,000
Direct operating expenses (including related parties of $2,007, $2,208, $3,969 and $4,256) (including non-cash stock-based compensation of $116, $76, $250 and $293) 4,970,000 5,144,000 9,465,000 9,953,000
Selling, general and administrative expenses 3,515,000 2,620,000 6,740,000 5,336,000
Depreciation and amortization (includes direct operating of $2,968, $2,560, $5,462 and $5,097; selling, general and administrative of $1,176, $1,301, $2,445 and $2,614; and corporate of $162, $153, $315 and $242) (including related parties of $307, $307, $615 and $614) 1,173,000 $ 1,121,000 2,497,000 $ 2,237,000
Impairment charge $ 22,400,000   $ 22,368,000