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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 16,866 $ 32,191 $ 42,917 $ 60,007
Operating expenses :        
Station operating expenses 18,652 22,879 40,851 46,042
Corporate general and administrative 3,070 2,706 6,085 5,391
Other operating expense (income), net 46 (2) (1,284) 1
Impairment of broadcast licenses (3,757) 0 (3,757) 0
Operating income (loss) (8,659) 6,608 (6,492) 8,573
Interest expense 82 184 190 392
Interest income (25) (160) (133) (323)
Other income 0 0 (213) 0
Income (loss) before income tax (benefit) expense (8,716) 6,584 (6,336) 8,504
Income tax (benefit) expense (3,805) 1,850 (3,105) 2,400
Income from continuing operations, net of tax (4,911) 4,734 (3,231) 6,104
Net income $ (4,911) $ 4,734 $ (3,231) $ 6,104
Basic earnings per share:        
Basic earnings (loss) per share $ (0.82) $ 0.80 $ (0.54) $ 1.03
Weighted average common shares 5,868 5,844 5,867 5,843
Diluted earnings (loss) per share        
Diluted earning (loss) per share $ (0.82) $ 0.80 $ (0.54) $ 1.03
Weighted average common shares 5,868 5,844 5,867 5,843
Weighted average common and common equivalent shares 5,868 5,844 5,867 5,843
Dividends declared per share $ 0 $ 0.30 $ 0.32 $ 0.60