Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

8. Segment Information

We evaluate the operating performance of our markets individually. For purposes of business segment reporting, we have aligned operations with similar characteristics into two business segments: Radio and Television.

The Radio segment includes twenty-three markets, which includes all ninety-one of our radio stations and five radio information networks. The Television segment includes two markets and consists of four television stations and four low power television (“LPTV”) stations. The Radio and Television segments derive their revenue from the sale of commercial broadcast inventory. The category “Corporate general and administrative” represents the income and expense not allocated to reportable segments.

					Corporate
	Radio		Television		and Other			Consolidated
			(In thousands)
Three Months Ended June 30, 2013:
Net operating revenue	$	28,674	$	5,158	$	—		$	33,832
Station operating expense		20,215		3,278		—			23,493
Corporate general and administrative		—		—		1,982			1,982
Operating income (loss) from continuing operations	$	8,459	$	1,880	$	(1,982	)	$	8,357
Depreciation and amortization	$	1,249	$	350	$	56		$	1,655

					Corporate
	Radio		Television		and Other			Consolidated
			(In thousands)
Three Months Ended June 30, 2012:
Net operating revenue	$	28,482	$	4,504	$	—		$	32,986
Station operating expense		18,921		3,038		—			21,959
Corporate general and administrative		—		—		1,940			1,940
Operating income (loss) from continuing operations	$	9,561	$	1,466	$	(1,940	)	$	9,087
Depreciation and amortization	$	1,274	$	346	$	56		$	1,676

					Corporate
	Radio		Television		and Other			Consolidated
			(In thousands)
Six Months Ended June 30, 2013:
Net operating revenue	$	53,136	$	9,653	$	—		$	62,789
Station operating expense		39,222		6,359		—			45,581
Corporate general and administrative		—		—		3,930			3,930
Operating income (loss) from continuing operations	$	13,914	$	3,294	$	(3,930	)	$	13,278
Depreciation and amortization	$	2,491	$	692	$	113		$	3,296
Total assets	$	147,741	$	23,068	$	27,174		$	197,983

					Corporate
	Radio		Television		and Other			Consolidated
			(In thousands)
Six Months Ended June 30, 2012:
Net operating revenue	$	53,682	$	8,627	$	—		$	62,309
Station operating expense		38,276		6,043		—			44,319
Corporate general and administrative		—		—		3,889			3,889
Operating income (loss) from continuing operations	$	15,406	$	2,584	$	(3,889	)	$	14,101
Depreciation and amortization	$	2,571	$	685	$	113		$	3,369
Total assets	$	149,508	$	23,657	$	18,679	*	$	191,844

* Includes $2,960 of Assets held for sale.