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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 24,143 $ 31,274 $ 67,060 $ 91,281
Operating expenses :        
Station operating expenses 19,616 23,600 60,467 69,642
Corporate general and administrative 2,838 2,788 8,923 8,179
Other operating expense (income), net 50 85 (1,234) 86
Impairment of broadcast licenses 1,392 0 5,149 0
Operating income (loss) 247 4,801 (6,245) 13,374
Interest expense 75 180 265 572
Interest income (8) (162) (141) (485)
Other income 0 (11) (213) (11)
Income (loss) before income tax (benefit) expense 180 4,794 (6,156) 13,298
Income tax (benefit) expense 1,130 1,460 (1,975) 3,860
Income from continuing operations, net of tax (950) 3,334 (4,181) 9,438
Net income $ (950) $ 3,334 $ (4,181) $ 9,438
Basic earnings per share:        
Basic earnings (loss) per share $ (0.16) $ 0.56 $ (0.70) $ 1.59
Weighted average common shares 5,869 5,834 5,867 5,840
Diluted earnings (loss) per share        
Diluted earning (loss) per share $ (0.16) $ 0.56 $ (0.70) $ 1.59
Weighted average common shares 5,869 5,834 5,867 5,840
Weighted average common and common equivalent shares 5,869 5,834 5,867 5,840
Dividends declared per share $ 0 $ 0.30 $ 0.32 $ 0.90