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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net operating revenue $ 36,438 $ 34,358 $ 69,183 $ 63,419
Station operating expense 25,420 24,311 50,105 47,076
Corporate general and administrative 2,620 2,583 5,337 5,065
Other operating expense 8 14 8 14
Operating income 8,390 7,450 13,733 11,264
Interest expense 189 244 378 485
Other (income) expense, net 0 (409) 0 (417)
Income before income tax expense 8,201 7,615 13,355 11,196
Income tax expense 3,390 3,141 5,520 4,591
Net income $ 4,811 $ 4,474 $ 7,835 $ 6,605
Earnings per share:        
Basic earnings per share $ 0.82 $ 0.77 $ 1.34 $ 1.14
Diluted earnings per share $ 0.82 $ 0.77 $ 1.33 $ 1.13
Weighted average common shares 5,754 5,712 5,752 5,711
Weighted average common and common equivalent shares 5,763 5,757 5,761 5,759
Dividends declared per share $ 0.25 $ 0.20 $ 0.50 $ 0.40