XML 111 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
SEGMENT INFORMATION: (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Detailed segment data for the three and six month periods ended June 30, 2013 and 2012, is presented in the following tables:
 
 
 
Three Months Ended June 30,
 
 
 
2013
 
2012
 
 
 
(Unaudited)
 
 
 
(In thousands)
 
Net Revenue:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
58,759
 
$
61,673
 
Reach Media
 
 
18,015
 
 
8,546
 
Internet
 
 
6,434
 
 
4,423
 
Cable Television
 
 
37,729
 
 
32,254
 
Corporate/Eliminations/Other
 
 
(1,335)
 
 
(1,066)
 
Consolidated
 
$
119,602
 
$
105,830
 
 
 
 
 
 
 
 
 
Operating Expenses (excluding depreciation, amortization and impairment charges and including stock-based compensation):
 
 
 
 
 
 
 
Radio Broadcasting
 
$
32,881
 
$
35,008
 
Reach Media
 
 
16,099
 
 
8,945
 
Internet
 
 
5,927
 
 
4,898
 
Cable Television
 
 
23,464
 
 
20,592
 
Corporate/Eliminations/Other
 
 
3,555
 
 
4,865
 
Consolidated
 
$
81,926
 
$
74,308
 
 
 
 
 
 
 
 
 
Depreciation and Amortization:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
1,511
 
$
1,623
 
Reach Media
 
 
352
 
 
293
 
Internet
 
 
605
 
 
823
 
Cable Television
 
 
6,583
 
 
6,762
 
Corporate/Eliminations/Other
 
 
416
 
 
241
 
Consolidated
 
$
9,467
 
$
9,742
 
 
 
 
 
 
 
 
 
Impairment of Long-Lived Assets:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
9,800
 
$
313
 
Reach Media
 
 
 
 
 
Internet
 
 
 
 
 
Cable Television
 
 
 
 
 
Corporate/Eliminations/Other
 
 
 
 
 
Consolidated
 
$
9,800
 
$
313
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
Radio Broadcasting
 
$
14,567
 
$
24,729
 
Reach Media
 
 
1,564
 
 
(692)
 
Internet
 
 
(98)
 
 
(1,298)
 
Cable Television
 
 
7,682
 
 
4,900
 
Corporate/Eliminations/Other
 
 
(5,306)
 
 
(6,172)
 
Consolidated
 
$
18,409
 
$
21,467
 
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
(In thousands)
 
Total Assets:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
783,312
 
$
801,340
 
Reach Media
 
 
34,172
 
 
29,492
 
Internet
 
 
32,150
 
 
32,076
 
Cable Television
 
 
519,189
 
 
535,344
 
Corporate/Eliminations/Other
 
 
59,986
 
 
61,943
 
Consolidated
 
$
1,428,809
 
$
1,460,195
 
 
 
 
Six Months Ended June 30,
 
 
 
2013
 
2012
 
 
 
(Unaudited)
 
 
 
(In thousands)
 
Net Revenue:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
108,616
 
$
114,329
 
Reach Media
 
 
27,556
 
 
22,099
 
Internet
 
 
11,486
 
 
10,207
 
Cable Television
 
 
73,721
 
 
64,490
 
Corporate/Eliminations/Other
 
 
(2,665)
 
 
(2,331)
 
Consolidated
 
$
218,714
 
$
208,794
 
 
 
 
 
 
 
 
 
Operating Expenses (excluding depreciation, amortization and impairment charges and including stock-based compensation):
 
 
 
 
 
 
 
Radio Broadcasting
 
$
64,501
 
$
70,225
 
Reach Media
 
 
26,446
 
 
23,308
 
Internet
 
 
11,480
 
 
10,362
 
Cable Television
 
 
44,230
 
 
40,910
 
Corporate/Eliminations/Other
 
 
7,942
 
 
8,980
 
Consolidated
 
$
154,599
 
$
153,785
 
 
 
 
 
 
 
 
 
Depreciation and Amortization:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
3,054
 
$
3,227
 
Reach Media
 
 
640
 
 
594
 
Internet
 
 
1,314
 
 
1,637
 
Cable Television
 
 
13,217
 
 
13,511
 
Corporate/Eliminations/Other
 
 
782
 
 
458
 
Consolidated
 
$
19,007
 
$
19,427
 
 
 
 
 
 
 
 
 
Impairment of Long-Lived Assets:
 
 
 
 
 
 
 
Radio Broadcasting
 
$
11,170
 
$
313
 
Reach Media
 
 
 
 
 
Internet
 
 
 
 
 
Cable Television
 
 
 
 
 
Corporate/Eliminations/Other
 
 
 
 
 
Consolidated
 
$
11,170
 
$
313
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
Radio Broadcasting
 
$
29,891
 
$
40,564
 
Reach Media
 
 
470
 
 
(1,803)
 
Internet
 
 
(1,308)
 
 
(1,792)
 
Cable Television
 
 
16,274
 
 
10,069
 
Corporate/Eliminations/Other
 
 
(11,389)
 
 
(11,769)
 
Consolidated
 
$
33,938
 
$
35,269