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Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands, except per share data)
 
Net operating revenue
 
$
32,745
 
$
29,061
 
$
36,438
 
$
34,358
 
$
36,119
 
$
33,831
 
$
37,289
 
$
35,606
 
Station operating expenses
 
 
24,685
 
 
22,765
 
 
25,420
 
 
24,311
 
 
25,459
 
 
24,324
 
 
25,978
 
 
25,868
 
Corporate G&A
 
 
2,717
 
 
2,482
 
 
2,620
 
 
2,583
 
 
2,728
 
 
2,577
 
 
2,915
 
 
2,449
 
Other operating expense (income), net
 
 
 
 
 
 
8
 
 
14
 
 
(1,393)
 
 
433
 
 
(8)
 
 
94
 
Impairment of intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
874
 
Operating income from continuing operations
 
 
5,343
 
 
3,814
 
 
8,390
 
 
7,450
 
 
9,325
 
 
6,497
 
 
8,404
 
 
6,321
 
Other (income) expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
 
189
 
 
241
 
 
189
 
 
244
 
 
196
 
 
229
 
 
202
 
 
174
 
Write-off of debt issuance costs
 
 
 
 
 
 
 
 
 
 
 
 
557
 
 
 
 
 
Other (income) expenses
 
 
 
 
(8)
 
 
 
 
(409)
 
 
 
 
 
 
 
 
 
Income before income tax
 
 
5,154
 
 
3,581
 
 
8,201
 
 
7,615
 
 
9,129
 
 
5,711
 
 
8,202
 
 
6,147
 
Income tax provision
 
 
2,130
 
 
1,450
 
 
3,390
 
 
3,141
 
 
3,715
 
 
2,599
 
 
3,265
 
 
2,450
 
Net income
 
$
3,024
 
$
2,131
 
$
4,811
 
$
4,474
 
$
5,414
 
$
3,112
 
$
4,937
 
$
3,697
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
.52
 
$
.37
 
$
.82
 
$
.77
 
$
.92
 
$
.54
 
$
.84
 
$
.63
 
Weighted average common shares
 
 
5,751
 
 
5,710
 
 
5,754
 
 
5,712
 
 
5,755
 
 
5,724
 
 
5,785
 
 
5,732
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
.52
 
$
.36
 
$
.82
 
$
.77
 
$
.92
 
$
.53
 
$
.84
 
$
.63
 
Weighted average common and common equivalent shares
 
 
5,759
 
 
5,762
 
 
5,763
 
 
5,757
 
 
5,764
 
 
5,752
 
 
5,797
 
 
5,741