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Quarterly Results of Operations (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
 
2017*
 
2016*
 
2017
 
2016*
 
2017
 
2016*
 
2017
 
2016*
 
 
 
(In thousands, except per share data)
 
Net operating revenue
 
$
26,155
 
$
27,464
 
$
30,261
 
$
30,866
 
$
30,269
 
$
29,878
 
$
31,464
 
$
30,747
 
Station operating expenses
 
 
21,340
 
 
21,140
 
 
21,426
 
 
21,842
 
 
21,755
 
 
21,775
 
 
23,238
 
 
22,042
 
Corporate G&;A
 
 
2,863
 
 
2,717
 
 
2,880
 
 
2,620
 
 
3,132
 
 
2,728
 
 
2,782
 
 
2,915
 
Other operating expense (income), net
 
 
(21)
 
 
(3)
 
 
79
 
 
8
 
 
(127)
 
 
(1,393)
 
 
124
 
 
37
 
Impairment of intangible assets
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
1,449
 
 
—
 
Operating income from continuing operations
 
 
1,973
 
 
3,610
 
 
5,876
 
 
6,396
 
 
5,509
 
 
6,768
 
 
3,871
 
 
5,753
 
Other (income) expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
 
208
 
 
179
 
 
229
 
 
182
 
 
254
 
 
187
 
 
212
 
 
196
 
Income from continuing operations before income taxes
 
 
1,765
 
 
3,431
 
 
5,647
 
 
6,214
 
 
5,255
 
 
6.581
 
 
3,659
 
 
5,557
 
Income tax provision
 
 
718
 
 
1,418
 
 
2,272
 
 
2,569
 
 
2,290
 
 
2,678
 
 
(11,200)
 
 
2,208
 
Income from continuing operations, net of tax
 
 
1,047
 
 
2,013
 
 
3,375
 
 
3,645
 
 
2,965
 
 
3,903
 
 
14,859
 
 
3,349
 
Income (loss) from discontinued operations, net of tax
 
 
891
 
 
1,011
 
 
1,159
 
 
1,166
 
 
30,451
 
 
1,511
 
 
(30)
 
 
1,588
 
Net income
 
$
1,938
 
$
3,024
 
$
4,534
 
$
4,811
 
$
33,416
 
$
5,414
 
$
14,829
 
$
4,937
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
From continuing operations
 
$
0.18
 
$
0.35
 
$
0.57
 
$
0.62
 
$
0.50
 
$
0.66
 
$
2.52
 
$
0.57
 
From discontinued operations
 
 
0.15
 
 
0.17
 
 
0.20
 
 
0.20
 
 
5.16
 
 
0.26
 
 
(0.01)
 
 
0.27
 
Basic earnings per share
 
$
0.33
 
$
0.52
 
$
0.77
 
$
0.82
 
$
5.66
 
$
0.92
 
$
2.51
 
$
0.84
 
Weighted average common shares
 
 
5,795
 
 
5,751
 
 
5,803
 
 
5,754
 
 
5,807
 
 
5,755
 
 
5,815
 
 
5,785
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
From continuing operations
 
$
0.18
 
$
0.35
 
$
0.57
 
$
0.61
 
$
0.50
 
$
0.66
 
$
2.52
 
$
0.57
 
From discontinued operations
 
 
0.15
 
 
0.17
 
 
0.20
 
 
0.20
 
 
5.16
 
 
0.26
 
 
(0.01)
 
 
0.27
 
Diluted earnings per share
 
$
0.33
 
$
0.52
 
$
0.77
 
$
0.81
 
$
5.66
 
$
0.92
 
$
2.51
 
$
0.84
 
Weighted average common and common equivalent shares
 
 
5,808
 
 
5,759
 
 
5,806
 
 
5,763
 
 
5,807
 
 
5,764
 
 
5,815
 
 
5,797
 
 
*Certain prior year amounts and March 31, 2017 quarterly data have been reclassified to conform with current presentation.