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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Sep. 28, 2021
Jun. 18, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net operating revenue     $ 114,893,000 $ 108,343,000 $ 95,813,000
Operating expenses:          
Station operating expense     87,537,000 83,245,000 81,586,000
Corporate general and administrative     14,300,000 10,040,000 11,574,000
Other operating (income) expense, net     (14,000) 7,000 (1,247,000)
Impairment of intangible assets         5,149,000
Operating Expenses     101,823,000 93,292,000 97,062,000
Operating income (loss)     13,070,000 15,051,000 (1,249,000)
Interest expense     130,000 284,000 340,000
Interest income     (410,000) (16,000) (148,000)
Other income     (652,000) (634,000) (233,000)
Income (loss) before income tax expense (benefit)     14,002,000 15,417,000 (1,208,000)
Income tax provision (benefit):          
Current     3,865,000 4,065,000 1,250,000
Deferred     935,000 195,000 (545,000)
Income tax provision (benefit)     4,800,000 4,260,000 705,000
Net income (loss)     $ 9,202,000 $ 11,157,000 $ (1,913,000)
Earnings per share:          
Basic earnings (loss) per share     $ 1.52 $ 1.85 $ (0.32)
Diluted earnings (loss) per share          
Diluted earnings (loss) per share     $ 1.52 $ 1.85 $ (0.32)
Weighted average common shares     5,973 5,917 5,871
Weighted average common and common equivalent shares     5,973 5,917 5,871
Dividends declared per share     $ 4.86 $ 0.98 $ 0.32
Common Class A and Common Class B          
Diluted earnings (loss) per share          
Dividends declared per share $ 0.16 $ 0.16