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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUES:      
Media revenues $ 2,011,946 $ 1,784,641 $ 1,219,091
Revenues realized from station barter arrangements 111,337 122,262 88,680
Other non-media revenues 95,853 69,655 55,360
Total revenues 2,219,136 1,976,558 1,363,131
OPERATING EXPENSES:      
Media production expenses 733,199 578,687 386,646
Media selling, general and administrative expenses 431,728 372,220 251,294
Expenses recognized from station barter arrangements 93,204 107,716 77,349
Amortization of program contract costs and net realizable value adjustments 124,619 106,629 80,925
Other non-media expenses 71,803 55,615 45,005
Depreciation of property and equipment 103,433 103,291 70,554
Corporate general and administrative expenses 64,246 62,495 53,126
Amortization of definite-lived intangible and other assets 161,454 125,496 70,820
Research and development 12,436 6,918 0
Loss (gain) on asset dispositions 278 (37,160) 3,392
Total operating expenses 1,796,400 1,481,907 1,039,111
Operating income 422,736 494,651 324,020
OTHER INCOME (EXPENSE):      
Interest expense and amortization of debt discount and deferred financing costs (191,447) (174,862) (162,937)
Loss from extinguishment of debt 0 (14,553) (58,421)
Income from equity and cost method investments 964 2,313 621
Other income, net 1,540 4,998 2,225
Total other expense (188,943) (182,104) (218,512)
Income from continuing operations before income taxes 233,793 312,547 105,508
INCOME TAX PROVISION (57,694) (97,432) (41,249)
Income from continuing operations 176,099 215,115 64,259
DISCONTINUED OPERATIONS:      
Income from discontinued operations 0 0 11,558
NET INCOME 176,099 215,115 75,817
Net income attributable to the noncontrolling interests (4,575) (2,836) (2,349)
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP $ 171,524 $ 212,279 $ 73,468
Dividends declared per share (in dollars per share) $ 0.66 $ 0.63 $ 0.6
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP:      
Basic earnings per share from continuing operations (in dollars per share) 1.81 2.19 0.66
Basic earnings per share (in dollars per share) 1.81 2.19 0.79
Diluted earnings per share from continuing operations (in dollars per share) 1.79 2.17 0.66
Diluted earnings per share (in dollars per share) $ 1.79 $ 2.17 $ 0.78
Weighted average common shares outstanding (in shares) 95,003 97,114 93,207
Weighted average common and common equivalent shares outstanding (in shares) 95,728 97,819 93,845
AMOUNTS ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP COMMON SHAREHOLDERS:      
Income from continuing operations, net of tax $ 171,524 $ 212,279 $ 61,910
Income (loss) from discontinued operations, net of tax 0 0 11,558
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP $ 171,524 $ 212,279 $ 73,468