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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 28,046,000 $ 16,866,000 $ 50,347,000 $ 42,917,000
Operating expenses :        
Station operating expenses 21,017,000 18,652,000 39,940,000 40,851,000
Corporate general and administrative 2,494,000 3,070,000 4,932,000 6,085,000
Other operating (income) expense, net (80,000) 46,000 (23,000) (1,284,000)
Impairment of broadcast licenses 0 3,757,000   3,757,000
Operating income 4,615,000 (8,659,000) 5,498,000 (6,492,000)
Interest expense 72,000 82,000 145,000 190,000
Interest income (4,000) (25,000) (10,000) (133,000)
Other income (31,000) 0 (303,000) (213,000)
Income (loss) before income tax expense (benefit) 4,578,000 (8,716,000) 5,666,000 (6,336,000)
Income tax provision:        
Income tax expense (benefit) 1,325,000 (3,805,000) 1,655,000 (3,105,000)
Net income (loss) $ 3,253,000 $ (4,911,000) $ 4,011,000 $ (3,231,000)
Basic earnings (loss) per share        
Basic earnings (loss) per share $ 0.54 $ (0.82) $ 0.67 $ (0.54)
Diluted earnings (loss) per share        
Diluted earning per share $ 0.54 $ (0.82) $ 0.67 $ (0.54)
Weighted average common shares 5,917 5,868 5,915 5,867
Weighted average common and common equivalent shares 5,917 5,868 5,915 5,867
Dividends declared per share $ 0.16 $ 0 $ 0.16 $ 0.32