Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

7. Segment Information

We evaluate the operating performance of our markets individually. For purposes of business segment reporting, we have aligned operations with similar characteristics into two business segments: Radio and Television.

The Radio segment includes twenty-three markets, which includes all ninety-one of our radio stations and five radio information networks. The Television segment includes three markets and consists of five television stations and four low power television (“LPTV”) stations. The Radio and Television segments derive their revenue from the sale of commercial broadcast inventory. The category “Corporate general and administrative” represents the income and expense not allocated to reportable segments.

	Radio		Television		Corporate and Other			Consolidated
			(In thousands)
Three Months Ended March 31, 2012:
Net operating revenue	$	25,199	$	4,735	$	—		$	29,934
Station operating expense		19,354		3,614		—			22,968
Corporate general and administrative		—		—		1,949			1,949
Operating income (loss)	$	5,845	$	1,121	$	(1,949	)	$	5,017
Depreciation and amortization	$	1,297	$	436	$	57		$	1,790
Total assets	$	146,667	$	26,493	$	13,753		$	186,913

	Radio		Television		Corporate and Other			Consolidated
			(In thousands)
Three Months Ended March 31, 2011:
Net operating revenue	$	24,506	$	4,202	$	—		$	28,708
Station operating expense		19,278		3,458		—			22,736
Corporate general and administrative		—		—		1,940			1,940
Operating income (loss)	$	5,228	$	744	$	(1,940	)	$	4,032
Depreciation and amortization	$	1,339	$	412	$	54		$	1,805
Total assets	$	148,859	$	26,833	$	21,860		$	197,552