SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021

Detailed segment data for the years ended December 31, 2021 and 2020 is presented in the following table:


	Year Ended
	December 31,
	2021		2020

	(In thousands)
Net Revenue:
Radio Broadcasting	$	140,246	$	130,573
Reach Media		46,437		30,996
Digital		59,937		35,599
Cable Television		198,180		181,583
Corporate/Eliminations*		(3,338)		(2,414)
Consolidated	$	441,462	$	376,337

Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
Radio Broadcasting	$	98,250	$	91,052
Reach Media		32,911		22,376
Digital		42,698		29,608
Cable Television		103,049		81,546
Corporate/Eliminations		36,722		26,018
Consolidated	$	313,630	$	250,600

Depreciation and Amortization:
Radio Broadcasting	$	3,135	$	3,022
Reach Media		208		237
Digital		1,264		1,592
Cable Television		3,738		3,749
Corporate/Eliminations		944		1,141
Consolidated	$	9,289	$	9,741

Impairment of Long-Lived Assets:
Radio Broadcasting	$	—	$	84,400
Reach Media		—		—
Digital		—		—
Cable Television		—		—
Corporate/Eliminations		—		—
Consolidated	$	—	$	84,400

Operating income (loss):
Radio Broadcasting	$	38,861	$	(47,901)
Reach Media		13,318		8,383
Digital		15,975		4,399
Cable Television		91,393		96,288
Corporate/Eliminations		(41,004)		(29,573)
Consolidated	$	118,543	$	31,596

* Intercompany revenue included in net revenue above is as follows:
Radio Broadcasting	$	(3,338)	$	(2,414)


Capital expenditures by segment are as follows:
Radio Broadcasting	$	2,826	$	2,200
Reach Media		160		82
Digital		1,354		799
Cable Television		385		92
Corporate/Eliminations		1,561		625
Consolidated	$	6,286	$	3,798