Business operations and 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.

Immediately following the spin-off of Cars.com and the sale of our majority stake in CareerBuilder, we began classifying our operations as one operating and reportable segment, Media, which consists of our 47 television stations operating in 39 markets, offering high-quality television programming and digital content. Also now included in the Media Segment is our DMS business which was previously reported in our Digital Segment. The historical periods below have also been updated to restate the historical results of our DMS business within 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. In addition to Cofactor, the 2015 Digital Segment activity also includes our former PointRoll and BLiNQ businesses which were disposed of in 2015.

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

Business segment financial information

	2017			2016			2015
Revenues				(recast)			(recast)
Media	$	1,903,026		$	1,994,120		$	1,713,982
Digital	—			9,968			50,840
Total	$	1,903,026		$	2,004,088		$	1,764,822
Operating income
Media ⁽¹⁾	$	602,514		$	800,791		$	701,995
Digital ⁽¹⁾	—			(30,241		)	(41,059		)
Corporate ⁽¹⁾	(56,612		)	(62,398		)	(68,595		)
Net gain on sale of corporate building	—			—			89,892
Unallocated ⁽²⁾	—			—			(51,939		)
Total	$	545,902		$	708,152		$	630,294
Depreciation, amortization, asset impairment and facility consolidation charges (gains)
Media ⁽¹⁾	$	79,398		$	85,890		$	83,004
Digital ⁽¹⁾	—			21,166			26,581
Corporate ⁽¹⁾	1,669			3,706			(82,342		)
Total	$	81,067		$	110,762		$	27,243
Capital expenditures
Media	$	39,055		$	41,572		$	53,928
Digital	—			—			5,263
Corporate	390			1,643			790
Total	$	39,445		$	43,215		$	59,981


(1)	Operating income for Media and Digital Segments includes pre-tax net asset impairment and facility consolidation charges (gains) for each year presented. See Note 11.


(2)	Unallocated expenses 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.