Operating Segments (Tables)

9 Months Ended

Sep. 30, 2012

Operating Segments [Abstract]

Operating Segments

We have two reportable segments: radio and television. The following summary table presents separate financial data for each of our operating segments:

	Three-Months Ended						Nine-Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
	(In thousands)						(In thousands)
Net revenue:
Radio	$	31,192			31,970			89,258			89,633
Television		4,689			4,442			13,328			13,181
Consolidated	$	35,881			36,412			102,586			102,814
Engineering and programming expenses:
Radio	$	5,470			5,322			15,199			17,010
Television		2,714			3,411			9,004			11,498
Consolidated	$	8,184			8,733			24,203			28,508
Selling, general and administrative expenses:
Radio	$	12,543			10,492			37,073			30,264
Television		1,846			2,070			6,216			6,434
Consolidated	$	14,389			12,562			43,289			36,698
Corporate expenses:	$	1,564			1,647			5,552			5,590
Depreciation and amortization:
Radio	$	495			547			1,572			1,710
Television		776			739			2,222			1,889
Corporate		94			128			328			411
Consolidated	$	1,365			1,414			4,122			4,010
(Gain) loss on the disposal of assets, net:
Radio	$	(3	)		—			(8	)		(9	)
Television		—			—			—			—
Corporate		—			(8	)		—			(8	)
Consolidated	$	(3	)		(8	)		(8	)		(17	)
Impairment charges and restructuring costs:
Radio	$	(23	)		—			48			—
Television		—			—			11			—
Corporate		171			—			513			207
Consolidated	$	148			—			572			207
Operating income (loss):
Radio	$	12,710			15,609			35,374			40,658
Television		(647	)		(1,778	)		(4,125	)		(6,640	)
Corporate		(1,829	)		(1,767	)		(6,393	)		(6,200	)
Consolidated	$	10,234			12,064			24,856			27,818
Capital expenditures:
Radio	$	75			267			342			720
Television		557			24			913			1,658
Corporate		42			6			153			126
Consolidated	$	674			297			1,408			2,504

	September 30, 2012		December 31, 2011
	(In thousands)
Total Assets:
Radio	$	396,980		436,806
Television		59,523		60,136
Corporate		17,329		4,570
Consolidated	$	473,832		501,512