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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUES:    
Media revenues $ 531,323 $ 464,751
Revenues realized from station barter arrangements 26,510 20,959
Other non-media revenues 21,056 19,065
Total revenues 578,889 504,775
OPERATING EXPENSES:    
Media production expenses 215,877 171,571
Media selling, general and administrative expenses 115,009 102,241
Expenses recognized from station barter arrangements 22,925 17,412
Amortization of program contract costs and net realizable value adjustments 33,460 30,391
Other non-media expenses 17,697 14,913
Depreciation of property and equipment 24,035 25,189
Corporate general and administrative expenses 21,341 16,038
Amortization of definite-lived intangible and other assets 43,765 39,980
Research and development expenses 1,101 2,515
Gain on asset disposition (2,660) (22)
Total operating expenses 492,550 420,228
Operating income 86,339 84,547
OTHER INCOME (EXPENSE):    
Interest expense and amortization of debt discount and deferred financing costs (49,415) (46,648)
Income from equity and cost method investments 423 3,146
Other income, net 462 218
Total other expense, net (48,530) (43,284)
Income before income taxes 37,809 41,263
INCOME TAX PROVISION (12,180) (16,427)
NET INCOME 25,629 24,836
Net income attributable to the noncontrolling interests (1,489) (554)
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP $ 24,140 $ 24,282
Dividends declared per share (USD per share) $ 0.165 $ 0.165
BASIC AND DILUTED EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP:    
Basic earnings per share (USD per share) 0.25 0.26
Diluted earnings per share (USD per share) $ 0.25 $ 0.25
Weighted average common shares outstanding (shares) 94,701 95,131
Weighted average common and common equivalent shares outstanding (shares) 95,614 95,771