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Segment Data
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segment Data

14. Segment Data

 

The Company evaluates the performance of its operating segments based on net revenue and operating income. The Company’s broadcast segment includes television stations and related community focused websites that Nexstar owns, operates, programs or provides sales and other services to in various markets across the United States. The other activities of the Company include corporate functions, eliminations and other insignificant operations.

 

Segment financial information is included in the following tables for the periods presented (in thousands):

 

Year Ended December 31, 2017

 

Broadcast

 

 

Other

 

 

Consolidated

 

Net revenue

 

$

2,306,404

 

 

$

125,562

 

 

$

2,431,966

 

Depreciation

 

 

85,913

 

 

 

14,745

 

 

 

100,658

 

Amortization of intangible assets

 

 

147,328

 

 

 

12,172

 

 

 

159,500

 

Income (loss) from operations

 

 

708,087

 

 

 

(189,342

)

 

 

518,745

 

Goodwill

 

 

2,122,935

 

 

 

19,911

 

 

 

2,142,846

 

Assets

 

 

6,723,685

 

 

 

757,962

 

 

 

7,481,647

 

 

Year Ended December 31, 2016

 

Broadcast

 

 

Other

 

 

Consolidated

 

Net revenue

 

$

1,040,704

 

 

$

62,486

 

 

$

1,103,190

 

Depreciation

 

 

44,313

 

 

 

6,987

 

 

 

51,300

 

Amortization of intangible assets

 

 

33,079

 

 

 

13,493

 

 

 

46,572

 

Income (loss) from operations

 

 

372,496

 

 

 

(85,188

)

 

 

287,308

 

Goodwill

 

 

449,682

 

 

 

23,622

 

 

 

473,304

 

Assets

 

 

1,811,042

 

 

 

1,155,043

 

 

 

2,966,085

 

 

Year ended December 31, 2015

 

Broadcast

 

 

Other

 

 

Consolidated

 

Net revenue

 

$

846,926

 

 

$

49,451

 

 

$

896,377

 

Depreciation

 

 

41,053

 

 

 

6,169

 

 

 

47,222

 

Amortization of intangible assets

 

 

35,845

 

 

 

12,630

 

 

 

48,475

 

Income (loss) from operations

 

 

266,919

 

 

 

(60,812

)

 

 

206,107