Business segment information

Our reportable segment determination is 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.

Following the spin-off of Cars.com and entering into the definitive sales agreement for CareerBuilder, we classify our operations as one operating and reportable segment, Media, which consists of our 46 television stations operating in 38 markets, offering high-quality television programming and digital content. Also included in the Media Segment is our Digital Marketing Services business which was previously reported in our Digital Segment, but was realigned in the second quarter of 2017 and is now reported together with our Media business.

As a result of classifying the former Digital Segment’s historical financial results as discontinued operations there is no remaining activity in 2017 as shown in the tables below. The 2016 activity shown below for our Digital Segment relates to our former Cofactor business which did not meet the criteria for discontinued operation reporting when the business was sold in December 2016. The historical periods below have also been updated to restate the historical results of our Digital Marketing Services business into our Media business.

Segment operating results are summarized as follows (in thousands):



	Quarter ended June 30,						Six months ended June 30,
	2017			2016			2017			2016
				(recast)						(recast)
Revenues:
Media	$	489,369		$	474,268		$	948,439		$	932,181
Digital	—			2,710			—			5,435
Total	$	489,369		$	476,978		$	948,439		$	937,616

Operating Income (net of depreciation, amortization, asset impairment and facility consolidation charges):
Media ^(a)	$	164,576		$	179,238		$	303,291		$	348,397
Digital	—			(2,819		)	—			(5,468		)
Corporate ^(a)	(14,496		)	(16,683		)	(30,100		)	(30,891		)
Total	$	150,080		$	159,736		$	273,191		$	312,038

Depreciation, amortization, asset impairment and facility consolidation charges:
Media	$	19,809		$	21,290		$	40,326		$	41,152
Digital	—			359			—			732
Corporate	247			2,332			519			3,052
Total	$	20,056		$	23,981		$	40,845		$	44,936

(a) In the first quarter of 2017, we adopted new accounting guidance that changed the classification of certain components of net periodic pension and other post-retirement benefit expense (post-retirement benefit expense). The service cost component of the post-retirement benefit expense will continue to be presented as an operating expense while all other components of post-retirement benefit expense will be presented as non-operating expense. The prior year period was adjusted to reflect the effects of applying the new guidance. This resulted in an increase to operating income in second quarter of 2017 and 2016 of $1.9 million and $2.6 million and for the six months ended June 30, 2017 and 2016 of $3.3 million and $4.0 million, respectively. Net income, earnings per share, and retained earnings were not impacted by the new standard.