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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue (less agency commissions) $ 882,728 $ 812,465 $ 597,356
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Broadcast 557,116 475,131 374,182
Corporate and administrative 31,541 40,347 34,343
Depreciation 51,973 45,923 36,712
Amortization of intangible assets 25,072 16,596 11,982
(Gain) loss on disposals of assets, net (74,200) 329 80
Operating expenses 591,502 578,326 457,299
Operating income 291,226 234,139 140,057
Other income (expense):      
Miscellaneous income, net 162 775 103
Interest expense (95,259) (97,236) (74,411)
Loss from early extinguishment of debt (2,851) (31,987) 0
Income before income taxes 193,278 105,691 65,749
Income tax (benefit) expense (68,674) 43,418 26,448
Net trade (loss) income $ 261,952 $ 62,273 $ 39,301
Basic per share information:      
Net income (in dollars per share) $ 3.59 $ 0.87 $ 0.58
Weighted average shares outstanding (in shares) 73,061 71,848 68,330
Diluted per share information:      
Net income (in dollars per share) $ 3.55 $ 0.86 $ 0.57
Weighted average shares outstanding (in shares) 73,836 72,764 68,987
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0