SEGMENT DATA

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

SEGMENT DATA

SEGMENT DATA:

We measure segment performance based on operating income (loss).  Our broadcast segment includes stations in 80 markets located throughout the continental United States. Other primarily consists of original networks and content, digital and internet solutions, technical services and other non-media investments. All of our businesses are located within the United States.  Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location.  Other and Corporate are not reportable segments but are included for reconciliation purposes. 

We had approximately $226.3 million and $207.0 million of intercompany loans between the broadcast segment, other and corporate as of March 31, 2016 and 2015, respectively.  We had $6.1 million and $5.2 million in intercompany interest expense related to intercompany loans between the broadcast segment, other and corporate for the three months endedMarch 31, 2016 and 2015, respectively. All other intercompany transactions are immaterial.

Segment financial information is included in the following tables for the periods presented (in thousands):

For the three months ended March 31, 2016	Broadcast		Other			Corporate			Consolidated
Revenue	$	546,833	$	32,056		$	—		$	578,889
Depreciation of property and equipment	22,748		1,021			266			24,035
Amortization of definite-lived intangible assets and other assets	39,770		3,995			—			43,765
Amortization of program contract costs and net realizable value adjustments	33,460		—			—			33,460
General and administrative overhead expenses	20,447		545			349			21,341
Research and development	—		1,101			—			1,101
Operating income (loss)	98,041		(11,087		)	(615		)	86,339
Interest expense	1,482		1,476			46,457			49,415
Income from equity and cost method investments	—		423			—			423
Assets	4,807,977		754,875			184,346			5,747,198

For the three months ended March 31, 2015	Broadcast		Other			Corporate			Consolidated
Revenue	$	485,052	$	19,723		$	—		$	504,775
Depreciation of property and equipment	24,177		733			279			25,189
Amortization of definite-lived intangible assets and other assets	37,891		2,089			—			39,980
Amortization of program contract costs and net realizable value adjustments	30,391		—			—			30,391
General and administrative overhead expenses	14,907		279			852			16,038
Research and development	—		2,515			—			2,515
Operating income (loss)	92,042		(6,364		)	(1,131		)	84,547
Interest expense	—		1,075			45,573			46,648
Income from equity and cost method investments	—		3,146			—			3,146