Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

9. 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-two 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, 2014:
Net operating revenue	$	28,851	$	4,980	$	—	$	33,831
Station operating expense		20,200		3,299		—		23,499
Corporate general and administrative		—		—		2,120		2,120
Operating income (loss) from continuing operations	$	8,651	$	1,681	$	(2,120)	$	8,212
Depreciation and amortization	$	1,236	$	346	$	58	$	1,640

					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)
Six Months Ended June 30, 2014:
Net operating revenue	$	53,776	$	9,478	$		$	63,254
Station operating expense		39,939		6,507				46,446
Corporate general and administrative						4,273		4,273
Operating income (loss) from continuing operations	$	13,837	$	2,971	$	(4,273)	$	12,535
Depreciation and amortization	$	2,466	$	691	$	128	$	3,285
Total assets	$	144,953	$	22,368	$	34,667	$	201,988

					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