Segment Information

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Segment Information

8. 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 two markets and consists of four 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 June 30, 2012:
Net operating revenue	$	28,482	$	4,504	$	—		$	32,986
Station operating expense		18,921		3,038		—			21,959
Corporate general and administrative		—		—		1,940			1,940
Operating income (loss) from continuing operations	$	9,561	$	1,466	$	(1,940	)	$	9,087
Depreciation and amortization	$	1,274	$	346	$	56		$	1,676

	Radio		Television		Corporate and Other			Consolidated
	(In thousands)
Three Months Ended June 30, 2011:
Net operating revenue	$	28,611	$	4,153	$	—		$	32,764
Station operating expense		20,004		3,012		—			23,016
Corporate general and administrative		—		—		1,949			1,949
Operating income (loss) from continuing operations	$	8,607	$	1,141	$	(1,949	)	$	7,799
Depreciation and amortization	$	1,348	$	318	$	59		$	1,725

	Radio		Television		Corporate and Other			Assets Held For Sale		Consolidated
	(In thousands)
Six Months Ended June 30, 2012:
Net operating revenue	$	53,682	$	8,627	$	—				$	62,309
Station operating expense		38,276		6,043		—					44,319
Corporate general and administrative		—		—		3,889					3,889
Operating income (loss) from continuing operations	$	15,406	$	2,584	$	(3,889	)			$	14,101
Depreciation and amortization	$	2,571	$	685	$	113				$	3,369
Total assets	$	149,508	$	23,657	$	15,719		$	2,960	$	191,844

	Radio		Television		Corporate and Other			Assets Held For Sale		Consolidated
	(In thousands)
Six Months Ended June 30, 2011:
Net operating revenue	$	53,117	$	7,895	$	—				$	61,012
Station operating expense		39,282		5,868		—					45,150
Corporate general and administrative		—		—		3,889					3,889
Operating income (loss) from continuing operations	$	13,835	$	2,027	$	(3,889	)			$	11,973
Depreciation and amortization	$	2,687	$	637	$	113				$	3,437
Total assets	$	153,029	$	23,243	$	22,051		$	3,300	$	201,623