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Segment Data (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Summary of Operating Segments

The following summary table presents separate financial data for each of our operating segments. The accounting applied to determine the segment information are generally the same as those described in the summary of significant accounting polices (see Note 2(v)). We evaluate the performance of our operating segments based on separate financial data for each operating segment as provided below (in thousands):

 

 

Year Ended

 

 

December 31,

 

 

2017

 

 

2016

 

Net revenue:

 

 

 

 

 

 

 

Radio

$

119,493

 

 

$

129,544

 

Television

 

15,216

 

 

 

15,075

 

Consolidated

$

134,709

 

 

$

144,619

 

Engineering and programming expenses:

 

 

 

 

 

 

 

Radio

$

23,542

 

 

$

23,514

 

Television

 

6,932

 

 

 

7,598

 

Consolidated

$

30,474

 

 

$

31,112

 

Selling, general and administrative expenses:

 

 

 

 

 

 

 

Radio

$

53,108

 

 

$

49,418

 

Television

 

5,718

 

 

 

6,688

 

Consolidated

$

58,826

 

 

$

56,106

 

Corporate expenses:

$

10,403

 

 

$

10,588

 

Depreciation and amortization:

 

 

 

 

 

 

 

Radio

$

1,834

 

 

$

1,905

 

Television

 

2,218

 

 

 

2,378

 

Corporate

 

297

 

 

 

409

 

Consolidated

$

4,349

 

 

$

4,692

 

Gain on the disposal of assets, net:

 

 

 

 

 

 

 

Radio

$

(12,558

)

 

$

(11

)

Television

 

(3,319

)

 

 

 

Corporate

 

(17

)

 

 

 

Consolidated

$

(15,894

)

 

$

(11

)

Recapitalization costs:

 

 

 

 

 

 

 

Radio

$

 

 

$

 

Television

 

 

 

 

 

Corporate

 

6,021

 

 

 

 

Consolidated

$

6,021

 

 

$

 

Other operating gains:

 

 

 

 

 

 

 

Radio

$

 

 

$

 

Television

 

 

 

 

 

Corporate

 

 

 

 

(37

)

Consolidated

$

 

 

$

(37

)

Other operating income:

 

 

 

 

 

 

 

Radio

$

 

 

$

 

Television

 

 

 

 

 

Corporate

 

(3

)

 

 

 

Consolidated

$

(3

)

 

$

 

Operating income (loss):

 

 

 

 

 

 

 

Radio

$

53,567

 

 

$

54,718

 

Television

 

3,667

 

 

 

(1,589

)

Corporate

 

(16,701

)

 

 

(10,960

)

Consolidated

$

40,533

 

 

$

42,169

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31,

 

 

2017

 

 

2016

 

Capital expenditures:

 

 

 

 

 

 

 

Radio

$

1,134

 

 

$

1,421

 

Television

 

228

 

 

 

539

 

Corporate

 

142

 

 

 

242

 

Consolidated

$

1,504

 

 

$

2,202

 

 

 

 

December 31,

 

 

December 31,

 

 

2017

 

 

2016

 

Total Assets:

 

 

 

 

 

 

 

Radio

$

378,472

 

 

$

391,817

 

Television

 

54,836

 

 

 

56,554

 

Corporate

 

2,596

 

 

 

904

 

Consolidated

$

435,904

 

 

$

449,275