Significant Events (Tables)

3 Months Ended

May 31, 2018

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Restructuring Reserve by Type of Cost

The table below summarizes the activity related to our restructuring charge for the three months ended May 31, 2018.

	Three months ended May 31,
	2018
Restructuring charges and estimated lease cease-use costs, beginning balance	$	—
Restructuring charges and estimated lease cease-use costs- St. Louis radio stations sale	1,178
Payments	(47		)
Restructuring charges and estimated lease cease-use costs unpaid and outstanding	1,131

Business Disposition, Pro Forma Results

	For the three months ended May 31, (unaudited)
	2017			2018
Net revenues	$	28,262		$	27,281
Station operating expenses, excluding depreciation and amortization expense	21,941			20,528
Consolidated net income	254			469
Net loss attributable to the Company	(585		)	(285		)
Net loss per share - basic	$	(0.05	)	$	(0.02	)
Net loss per share - diluted	$	(0.05	)	$	(0.02	)

Disclosure of Long Lived Assets Held-for-sale

The carrying amounts of major classes of assets classified as held for sale related to our St. Louis radio stations as of February 28, 2018 and May 31, 2018 were as follows:

	As of February 28, 2018	As of May 31, 2018
Property and equipment, net	1,340	370
Indefinite-lived intangibles	24,758	—
Other intangibles, net	72	—

St Louis [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Results of Operations of Disposal Groups

	For the three months ended May 31,
	2017		2018
Net revenues	$	6,488	$	725
Station operating expenses, excluding depreciation and amortization expense	4,897		1,003
Depreciation and amortization	139		—
Gain on sale of assets, net of disposition costs	—		(32,398		)
Operating income	1,452		32,120
Interest expense	784		592
Income before income taxes	668		31,528