XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
6 Months Ended
Aug. 31, 2017
Segment Reporting [Abstract]  
Results of Operations of Business Segments
 
 
 
 
 
 
 
 
Three Months Ended August 31, 2017
Radio
 
Publishing
 
Corporate & Emerging Technologies
 
Consolidated
Net revenues
$
41,764

 
$
846

 
$
238

 
$
42,848

Station operating expenses excluding and depreciation and amortization expense
29,881

 
1,104

 
2,919

 
33,904

Corporate expenses excluding depreciation and amortization expense

 

 
2,538

 
2,538

Depreciation and amortization
676

 
5

 
200

 
881

Gain on sale of assets, net of disposition costs
(76,745
)
 
39

 

 
(76,706
)
Loss on disposal of property and equipment

 
12

 

 
12

Operating income (loss)
$
87,952

 
$
(314
)
 
$
(5,419
)
 
$
82,219

 
 
 
 
 
 
 
 
Three Months Ended August 31, 2016
Radio
 
Publishing
 
Corporate & Emerging Technologies
 
Consolidated
Net revenues
$
45,972

 
$
12,619

 
$
183

 
$
58,774

Station operating expenses excluding LMA fees and depreciation and amortization expense
31,661

 
12,959

 
2,371

 
46,991

Corporate expenses excluding depreciation and amortization expense

 

 
2,453

 
2,453

Impairment loss on intangible assets

 

 
2,988

 
2,988

Depreciation and amortization
881

 
69

 
332

 
1,282

Loss on disposal of fixed assets
125

 

 

 
125

Operating income (loss)
$
13,305

 
$
(409
)
 
$
(7,961
)
 
$
4,935

Six Months Ended August 31, 2017
Radio
 
Publishing
 
Corporate & Emerging Technologies
 
Consolidated
Net revenues
$
80,470

 
$
1,990

 
$
552

 
$
83,012

Station operating expenses excluding depreciation and amortization expense
56,015

 
2,459

 
6,660

 
65,134

Corporate expenses excluding depreciation and amortization expense

 

 
5,281

 
5,281

Depreciation and amortization
1,444

 
10

 
405

 
1,859

Gain on sale of assets, net of disposition costs
(76,745
)
 
39

 

 
(76,706
)
Loss on disposal of property and equipment

 
12

 

 
12

Operating income (loss)
$
99,756

 
$
(530
)
 
$
(11,794
)
 
$
87,432

 
 
 
 
 
 
 
 
Six Months Ended August 31, 2016
Radio
 
Publishing
 
Corporate & Emerging Technologies
 
Consolidated
Net revenues
$
88,671

 
$
25,711

 
$
394

 
$
114,776

Station operating expenses excluding depreciation and amortization expense
58,936

 
26,437

 
4,607

 
89,980

Corporate expenses excluding depreciation and amortization expense

 

 
5,497

 
5,497

Impairment loss

 

 
2,988

 
2,988

Depreciation and amortization
1,788

 
142

 
684

 
2,614

Loss on disposal of property and equipment
125

 

 

 
125

Operating income (loss)
$
27,822

 
$
(868
)
 
$
(13,382
)
 
$
13,572

Total Assets
Radio
 
Publishing
 
Corporate & Emerging Technologies
 
Consolidated
As of February 28, 2017
$
260,228

 
$
1,746

 
$
27,364

 
$
289,338

As of August 31, 2017
$
258,162

 
$
697

 
$
18,417

 
$
277,276