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CONDENSED COMBINED DEBTOR-IN-POSSESSION FINANCIAL INFORMATION - Debtors Statement of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
NET REVENUES $ 301,610   $ 298,513   $ 563,417 $ 558,148  
OPERATING EXPENSE:              
Station operating expenses 251,715   266,120   484,208 500,048  
Depreciation and amortization expense 21,714   17,575   43,624 35,017  
Corporate general and administrative expenses 21,094   25,880   44,041 51,179  
Restructuring charges 3,870   8,511   4,312 10,932 $ 14,975
Impairment loss 5,473   125,355   5,629 130,405  
Net loss (gain) on sale or disposal of assets 634   (9,876)   (15,170) (22,280)  
Other expenses 72   243   161 353  
TOTAL OPERATING EXPENSES 304,572   433,808   566,805 705,654  
OPERATING LOSS (2,962)   (135,295)   (3,388) (147,506)  
Interest expense, net 2,759   34,548   8,126 66,929  
Reorganization items, net 8,063   0   34,097 0  
Other (income) expense (13,629)   0   (39,119) 0  
LOSS BEFORE INCOME TAXES (155)   (169,843)   (6,492) (214,435)  
INCOME TAX BENEFIT (3,086)   (44,041)   (7,571) (52,730)  
NET INCOME (LOSS) 2,931 $ (1,852) (125,802) $ (35,901) 1,079 (161,705)  
Debtor-in-Possession              
NET REVENUES 301,610   298,513   563,417 558,148  
OPERATING EXPENSE:              
Station operating expenses 251,715   266,121   484,208 500,048  
Depreciation and amortization expense 21,714   17,575   43,624 35,017  
Corporate general and administrative expenses 21,094   25,881   44,041 51,179  
Restructuring charges 3,870   8,511   4,312 10,932  
Impairment loss 5,473   125,355   5,629 130,405  
Net loss (gain) on sale or disposal of assets 634   (9,876)   (15,170) (22,280)  
Other expenses 72   243   161 353  
TOTAL OPERATING EXPENSES 304,572   433,810   566,805 705,654  
OPERATING LOSS (2,962)   (135,297)   (3,388) (147,506)  
Interest expense, net 849   33,043   4,350 63,933  
Reorganization items, net 8,063   0   34,097 0  
Other (income) expense (5,964)   6,971   (26,849) 10,865  
LOSS BEFORE INCOME TAXES (5,910)   (175,311)   (14,986) (222,304)  
INCOME TAX BENEFIT (3,086)   (44,041)   (7,571) (52,730)  
NET INCOME (LOSS) $ (2,824)   $ (131,270)   $ (7,415) $ (169,574)