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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue (less agency commissions) $ 250,344 $ 226,681 $ 476,602 $ 430,142
Operating expenses before depreciation, amortization and loss (gain) on disposal of assets, net:        
Broadcast 141,919 133,683 291,573 267,239
Corporate and administrative 10,833 8,432 19,093 16,142
Depreciation 13,543 12,841 27,237 25,470
Amortization of intangible assets 5,153 6,657 10,589 12,224
Gain on disposals of assets, net (794) (77,326) (1,615) (76,799)
Operating expenses 170,654 84,287 346,877 244,276
Operating income 79,690 142,394 129,725 185,866
Other income (expense):        
Miscellaneous income, net 702 162 1,262 255
Interest expense (24,831) (23,791) (49,081) (46,982)
Loss from early extinguishment of debt (311) (2,851)
Income before income taxes 55,561 118,454 81,906 136,288
Income tax expense 14,856 47,893 21,256 55,222
Net income $ 40,705 $ 70,561 $ 60,650 $ 81,066
Basic per share information:        
Net income (in dollars per share) $ 0.46 $ 0.98 $ 0.69 $ 1.13
Weighted-average shares outstanding (in shares) 87,765 71,821 88,408 71,849
Diluted per share information:        
Net income (in dollars per share) $ 0.46 $ 0.97 $ 0.68 $ 1.12
Weighted-average shares outstanding (in shares) 88,305 72,501 88,937 72,510
Dividends declared per common share (in dollars per share) $ 0 $ 0