Business Segment Information

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Business segment information

Business segment information

We classify our operations into two reportable segments: Media: consisting of our 46 television stations operating in 38 markets, offering high-quality television programming and digital content; and Digital: primarily consisting of our Cars.com and CareerBuilder business units which operate in the automotive and human capital solutions industries, respectively. Our reportable segments have been determined based on our management and internal reporting structure, the nature of products and services offered by the segments, and the financial information that is evaluated regularly by our chief operating decision maker.

The Digital Segment and the digital revenues line exclude online/digital revenues generated by digital platforms that are associated with our Media Segment’s operating properties as such amounts are reflected in the Media Segment. Summary operating results for each of our business segments were as follows (in thousands):

	Quarters Ended						Six Months Ended
	June 30, 2016			June 28, 2015			June 30, 2016			June 28, 2015
Operating Revenues:
Media	$	458,947		$	417,049		$	902,776		$	813,466
Digital	352,838			339,623			690,741			674,697
Total	$	811,785		$	756,672		$	1,593,517		$	1,488,163
Operating Income (net of depreciation, amortization, asset impairment charges, and facility consolidation):
Media	$	179,551		$	178,082		$	348,850		$	354,962
Digital	64,424			54,835			111,643			103,016
Corporate	(17,381		)	(19,018		)	(31,980		)	(37,878		)
Unallocated (a)	—			(28,210		)	—			(51,939		)
Total	$	226,594		$	185,689		$	428,513		$	368,161
Depreciation, amortization, asset impairment charges and facility consolidation:
Media	$	20,831		$	21,825		$	40,272		$	43,086
Digital	31,480			41,267			61,841			74,976
Corporate	2,296			3,184			3,017			5,905
Total	$	54,607		$	66,276		$	105,130		$	123,967
Identifiable assets by segment:	June 30, 2016			Dec. 31, 2015
Media	$	4,775,771		$	4,799,375
Digital	3,539,579			3,529,124
Corporate	145,265			170,194
Total (b)	$	8,460,615		$	8,498,693

(a) Unallocated expenses in 2015 represent certain expenses that historically were allocated to the former Publishing Segment but that could not be allocated to discontinued operations as they were not clearly and specifically identifiable to the spun-off businesses.

(b) For December 31, 2015, the total of business segment identifiable assets excludes assets recorded in discontinued operations on the consolidated balance sheet of $7.3 million.