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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Information regarding business segments
Information regarding our business segments is as follows:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Segment operating revenues:
 
 
 
 
 
 
 
 
Local Media
 
$
230,734


$
187,505

 
$
636,041

 
$
575,999

National Media
 
71,761

 
12,504

 
200,708

 
35,207

Other
 
231


500

 
3,563

 
4,020

Total operating revenues
 
$
302,726

 
$
200,509

 
$
840,312

 
$
615,226

Segment profit (loss):
 
 
 
 
 
 
 
 
Local Media
 
$
67,416

 
$
30,372

 
$
152,403

 
$
111,459

National Media
 
2,838

 
(4,374
)
 
6,910

 
(11,927
)
Other
 
(1,267
)
 
(829
)
 
(3,161
)
 
(2,238
)
Shared services and corporate
 
(12,370
)
 
(11,437
)
 
(40,104
)
 
(37,354
)
Acquisition and related integration costs
 
(332
)
 

 
(332
)
 

Restructuring costs
 
(863
)
 
(2,407
)
 
(7,000
)
 
(2,407
)
Depreciation and amortization of intangible assets
 
(15,598
)
 
(13,775
)
 
(46,400
)
 
(41,417
)
Impairment of goodwill and intangible assets
 

 
(35,732
)
 

 
(35,732
)
Gains (losses), net on disposal of property and equipment
 
501

 
(114
)
 
(150
)
 
(176
)
Interest expense
 
(9,003
)
 
(5,720
)
 
(27,041
)
 
(18,163
)
Defined benefit pension plan expense
 
(3,529
)
 
(3,551
)
 
(6,306
)
 
(10,485
)
Miscellaneous, net
 
(546
)
 
1,187

 
(535
)
 
5,411

Income (loss) from continuing operations before income taxes
 
$
27,247

 
$
(46,380
)
 
$
28,284

 
$
(43,029
)
Depreciation:
 
 
 
 
 
 
 
 
Local Media
 
$
8,004

 
$
8,018

 
$
22,891

 
$
23,855

National Media
 
273

 
18

 
503

 
40

Other
 
37

 
43

 
113

 
169

Shared services and corporate
 
313

 
468

 
1,109

 
1,424

Total depreciation
 
$
8,627

 
$
8,547

 
$
24,616

 
$
25,488

Amortization of intangible assets:
 
 
 
 
 
 
 
 
Local Media
 
$
3,706

 
$
3,633

 
$
11,116

 
$
11,219

National Media
 
2,927

 
1,257

 
9,653

 
3,695

Shared services and corporate
 
338

 
338

 
1,015

 
1,015

Total amortization of intangible assets
 
$
6,971

 
$
5,228

 
$
21,784

 
$
15,929

Additions to property and equipment:
 
 
 
 
 
 
 
 
Local Media
 
$
8,156

 
$
3,610

 
$
28,269

 
$
12,412

National Media
 
5,625

 
122

 
11,350

 
319

Shared services and corporate
 

 
155

 
73

 
276

Total additions to property and equipment
 
$
13,781

 
$
3,887

 
$
39,692

 
$
13,007

Disaggregation of Principal Revenue Generating Activities
A disaggregation of the principal activities from which we generate revenue is as follows:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Operating revenues:
 
 
 
 
 
 
 
 
Core advertising
 
$
165,587

 
$
123,236

 
$
511,434

 
$
377,068

Political
 
40,018

 
1,689

 
57,484

 
5,255

Retransmission and carriage
 
79,673

 
63,733

 
225,391

 
196,003

Other
 
17,448

 
11,851

 
46,003

 
36,900

Total operating revenues
 
$
302,726

 
$
200,509

 
$
840,312

 
$
615,226