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Business Segments (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes business segment financial data (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
Operating Revenues
 
 
 
 
 
 
 
Television and Entertainment
$
482,557

 
$
486,417

 
$
935,984

 
$
927,119

Corporate and Other
1,479

 
2,941

 
3,040

 
5,874

Total operating revenues
$
484,036

 
$
489,358

 
$
939,024

 
$
932,993

Operating Profit (Loss) (1)
 
 
 
 
 
 
 
Television and Entertainment
$
99,603

 
$
119,767

 
$
179,528

 
$
331,619

Corporate and Other
(26,322
)
 
(21,701
)
 
(51,544
)
 
(46,268
)
Total operating profit (loss)
$
73,281

 
$
98,066

 
$
127,984

 
$
285,351

Depreciation
 
 
 
 
 
 
 
Television and Entertainment
$
12,064

 
$
10,941

 
$
23,126

 
$
21,811

Corporate and Other
1,803

 
2,340

 
3,693

 
5,245

Total depreciation
$
13,867

 
$
13,281

 
$
26,819

 
$
27,056

Amortization
 
 
 
 
 
 
 
Television and Entertainment
$
35,018

 
$
41,681

 
$
70,039

 
$
83,368

Capital Expenditures
 
 
 
 
 
 
 
Television and Entertainment
$
15,851

 
$
7,433

 
$
27,784

 
$
17,559

Corporate and Other
1,378

 
3,841

 
2,823

 
7,388

Total capital expenditures
$
17,229

 
$
11,274

 
$
30,607

 
$
24,947




June 30, 2019
 
December 31, 2018
Assets
 
 
 
Television and Entertainment
$
6,941,931

 
$
6,976,808

Corporate and Other
1,458,060

 
1,274,583

Assets held for sale (2)
62,789

 

Total assets
$
8,462,780

 
$
8,251,391

 

(1)
Operating profit (loss) for each segment excludes income and loss on equity investments, interest income, interest expense, pension and other postretirement period benefit cost (credit), non-operating items, reorganization costs and income taxes.
(2)
See Note 2 for information regarding assets held for sale.