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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Revenues    
Television and Entertainment $ 440,702 $ 436,033
Other 2,933 3,877
Total operating revenues [1] 443,635 439,910
Operating Expenses    
Programming 100,741 141,246
Direct operating expenses 101,388 98,807
Selling, general and administrative 131,956 165,594
Depreciation 13,775 13,571
Amortization 41,687 41,659
Gain on sales of spectrum (133,197) 0
Total operating expenses 256,350 460,877
Operating Profit (Loss) [1],[2] 187,285 (20,967)
Income on equity investments, net 39,137 37,037
Interest and dividend income 1,898 505
Interest expense (40,631) (38,758)
Pension and other postretirement periodic benefit credit, net 7,084 5,735
Loss on extinguishment and modification of debt 0 (19,052)
Gain on investment transactions 3,888 4,950
Write-down of investment 0 (122,000)
Other non-operating gain (loss), net 117 (26)
Reorganization items, net (893) (250)
Income (Loss) from Continuing Operations Before Income Taxes 197,885 (152,826)
Income tax expense (benefit) 56,702 (51,614)
Income (Loss) from Continuing Operations 141,183 (101,212)
Income from Discontinued Operations, net of taxes 0 15,618
Net Income (Loss) 141,183 (85,594)
Net loss from continuing operations attributable to noncontrolling interests 6 0
Net Income (Loss) attributable to Tribune Media Company $ 141,189 $ (85,594)
Earnings (Loss) Per Share    
Continuing Operations $ 1.61 $ (1.17)
Discontinued Operations 0.00 0.18
Net Earnings (Loss) Per Common Share 1.61 (0.99)
Continuing Operations 1.60 (1.17)
Discontinued Operations 0.00 0.18
Net Earnings (Loss) Per Common Share 1.60 (0.99)
Regular Cash Dividend    
Earnings (Loss) Per Share    
Dividends declared per common share (usd per share) 0.25 0.25
Special Cash Dividend    
Earnings (Loss) Per Share    
Dividends declared per common share (usd per share) $ 0.00 $ 5.77
[1] (1)See Note 2 for the disclosures of operating revenues and operating loss included in discontinued operations for the historical periods.
[2] (2)Operating profit (loss) for each segment excludes income and loss on equity investments, interest and dividend income, interest expense, non-operating items, reorganization costs and income taxes.