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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue (less agency commissions) $ 151,102,000 $ 131,702,000 $ 427,869,000 $ 330,248,000
Operating expenses before depreciation, amortization and loss on disposal of assets, net:        
Broadcast 98,921,000 73,218,000 272,213,000 199,604,000
Corporate and administrative 10,022,000 5,271,000 23,313,000 21,618,000
Depreciation 9,354,000 8,228,000 26,906,000 21,598,000
Amortization of intangible assets 3,213,000 3,823,000 8,715,000 5,291,000
Loss on disposal of assets, net 248,000 6,000 562,000 385,000
Operating expenses 121,758,000 90,546,000 331,709,000 248,496,000
Operating income 29,344,000 41,156,000 96,160,000 81,752,000
Other income (expense):        
Miscellaneous income, net 28,000 11,000 102,000 14,000
Interest expense (18,645,000) (18,619,000) (55,762,000) (49,718,000)
Loss from early extinguishment of debt 0 0 0 (4,897,000)
Income before income taxes 10,727,000 22,548,000 40,500,000 27,151,000
Income tax expense 4,118,000 8,608,000 16,186,000 10,343,000
Net income $ 6,609,000 $ 13,940,000 $ 24,314,000 $ 16,808,000
Basic per share information:        
Net income (in dollars per share) $ 0.09 $ 0.24 $ 0.36 $ 0.29
Weighted-average shares outstanding (in shares) 71,638 57,863 67,215 57,857
Diluted per share information:        
Net income (in dollars per share) $ 0.09 $ 0.24 $ 0.36 $ 0.29
Weighted-average shares outstanding (in shares) 72,341 58,394 67,824 58,330
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0