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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net operating revenue $ 36,119 $ 33,831 $ 105,302 $ 97,250
Station operating expense 25,459 24,324 75,564 71,400
Corporate general and administrative 2,728 2,577 8,065 7,642
Other operating (income) expense, net (1,393) 433 (1,385) 447
Operating income 9,325 6,497 23,058 17,761
Interest expense 196 229 574 714
Write-off of debt issuance costs 0 557 0 557
Other (income) expense, net 0 0 0 (417)
Income before income tax expense 9,129 5,711 22,484 16,907
Income tax provision 3,715 2,599 9,235 7,190
Net income $ 5,414 $ 3,112 $ 13,249 $ 9,717
Earnings per share:        
Basic earnings per share $ 0.92 $ 0.54 $ 2.26 $ 1.68
Diluted earnings per share $ 0.92 $ 0.53 $ 2.26 $ 1.67
Weighted average common shares 5,755 5,724 5,753 5,708
Weighted average common and common equivalent shares 5,764 5,752 5,762 5,749
Dividends declared per share $ 0.30 $ 0.20 $ 0.80 $ 0.60