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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 738,389 $ 551,857 $ 2,000,205 $ 1,605,542
Operating expenses:        
Cost of revenues [1] 379,185 306,474 1,103,920 873,078
Business units - Selling, general and administrative expenses 89,943 78,439 267,919 223,845
Corporate - General and administrative expenses 11,263 29,792 61,289 60,363
Depreciation 16,086 15,381 49,697 44,831
Amortization of intangible assets 17,113 15,018 50,577 32,530
Spectrum repacking reimbursements and other, net (2,902) (80) (10,533) (11,399)
Total 510,688 445,024 1,522,869 1,223,248
Operating income 227,701 106,833 477,336 382,294
Non-operating income (expense):        
Equity (loss) income in unconsolidated investments, net (2,529) (491) 8,407 10,922
Interest expense (51,896) (52,454) (160,733) (145,166)
Other non-operating items, net 961 (463) (17,270) 6,962
Total (53,464) (53,408) (169,596) (127,282)
Income before income taxes 174,237 53,425 307,740 255,012
Provision for income taxes 41,967 5,079 69,699 52,732
Net Income 132,270 48,346 238,041 202,280
Net (income) loss attributable to redeemable noncontrolling interest (51) 0 433 0
Net income attributable to TEGNA Inc. $ 132,219 $ 48,346 $ 238,474 $ 202,280
Net income per share:        
Basic (in dollars per share) $ 0.60 $ 0.22 $ 1.08 $ 0.93
Diluted (in dollars per share) $ 0.60 $ 0.22 $ 1.08 $ 0.93
Weighted average number of common shares outstanding:        
Basic shares (in shares) 219,579 217,315 218,997 217,040
Diluted shares (in shares) 219,977 218,310 219,423 217,808
[1] Cost of revenues exclude charges for depreciation and amortization expense, which are shown separately above.