XML 40 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Operating Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Operating Segments

The following summary table presents separate financial data for each of our operating segments (in thousands):  

 

 

Three-Months Ended

 

 

March 31,

 

 

2015

 

 

2014

 

Net revenue:

 

 

 

 

 

 

 

Radio

$

29,227

 

 

 

29,445

 

Television

 

2,915

 

 

 

3,334

 

Consolidated

$

32,142

 

 

 

32,779

 

Engineering and programming expenses:

 

 

 

 

 

 

 

Radio

$

5,399

 

 

 

5,073

 

Television

 

2,265

 

 

 

2,439

 

Consolidated

$

7,664

 

 

 

7,512

 

Selling, general and administrative expenses:

 

 

 

 

 

 

 

Radio

$

13,648

 

 

 

14,087

 

Television

 

1,614

 

 

 

1,667

 

Consolidated

$

15,262

 

 

 

15,754

 

 

Corporate expenses:

$

2,148

 

 

 

1,704

 

Depreciation and amortization:

 

 

 

 

 

 

 

Radio

$

507

 

 

 

501

 

Television

 

684

 

 

 

691

 

Corporate

 

96

 

 

 

83

 

Consolidated

$

1,287

 

 

 

1,275

 

(Gain) loss on the disposal of assets, net:

 

 

 

 

 

 

 

Radio

$

(6

)

 

 

46

 

Television

 

 

 

 

 

Corporate

 

 

 

 

 

Consolidated

$

(6

)

 

 

46

 

Operating income (loss):

 

 

 

 

 

 

 

Radio

$

9,679

 

 

 

9,738

 

Television

 

(1,648

)

 

 

(1,463

)

Corporate

 

(2,244

)

 

 

(1,787

)

Consolidated

$

5,787

 

 

 

6,488

 

Capital expenditures:

 

 

 

 

 

 

 

Radio

$

173

 

 

 

400

 

Television

 

84

 

 

 

114

 

Corporate

 

28

 

 

 

97

 

Consolidated

$

285

 

 

 

611

 

 

 

March 31,

 

 

December 31,

 

 

2015

 

 

2014

 

Total Assets:

 

 

 

 

 

 

 

Radio

$

395,439

 

 

$

389,394

 

Television

 

51,251

 

 

 

51,876

 

Corporate

 

10,114

 

 

 

10,543

 

Consolidated

$

456,804

 

 

$

451,813