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Discontinued Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income from discontinued operations, net of tax $ 30,451 $ 1,511 $ 32,501 $ 3,688
Joplin, Missouri and Victoria, Texas Television Stations [Member]        
Net operating revenue 3,296 [1] 6,241 14,238 [1] 17,094
Station operating expense [2] 2,372 [1] 3,684 9,727 [1] 10,807
Other operating (income) expense 0 [1] 0 31 [1] 3
Operating income 924 [1] 2,557 4,480 [1] 6,284
Interest Expense [3] 5 [1] 9 21 [1] 26
Income before income taxes 919 [1] 2,548 4,459 [1] 6,258
Pretax gain on the disposal of discontinued operations 50,842 [1] 0 50,842 [1] 0
Total pretax gain on discontinued operations 51,761 [1] 2,548 55,301 [1] 6,258
Income tax expense [4] 21,310 [1] 1,037 22,800 [1] 2,570
Income from discontinued operations, net of tax $ 30,451 [1] $ 1,511 $ 32,501 [1] $ 3,688
[1] Results of operations for the Television stations are reflected through August 31, 2017. The effective date of the sale was September 1, 2017.
[2] No depreciation expense was recorded by the Company beginning May 9, 2017, the date the Television segment’s assets were held for sale.
[3] Interest expense related to Surtsey Media, LLC debt that is guaranteed by the Television stations. Our affiliate repaid this loan when the television stations were sold on September 1, 2017.
[4] The effective tax rates on pretax income from discontinued operations were 41%