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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Condensed Consolidated Statements of Operations        
Net revenues $ 37,239 $ 32,173 $ 101,065 $ 100,512
Operating Expenses:        
Cost of revenues 11,039 9,883 31,300 30,426
Selling, general and administrative 11,095 9,510 32,787 28,845
Depreciation and amortization 4,023 4,041 12,040 12,223
Other expenses 193 332 967 3,056
(Gain) from FCC repack and other (gain) loss (936)   (974) 2
Total operating expenses 25,414 23,766 76,120 74,552
Operating income 11,825 8,407 24,945 25,960
Other (expenses) income:        
Interest expense, net (3,073) (2,863) (8,976) (8,089)
Loss on equity method investments (8,657) (2,571) (27,278) (2,450)
Gain from insurance proceeds 2,080   2,080  
Loss on impairment of fixed assets   (533)   (533)
Total other expenses, net (9,650) (5,967) (34,174) (11,072)
Income (loss) before income taxes 2,175 2,440 (9,229) 14,888
Income tax expense (3,229) (1,758) (4,490) (6,280)
Net (loss) income $ (1,054) $ 682 $ (13,719) $ 8,608
(Loss) earnings per share:        
Basic (in dollars per share) $ (0.03) $ 0.02 $ (0.35) $ 0.21
Diluted (in dollars per share) $ (0.03) $ 0.02 $ (0.35) $ 0.21
Weighted average shares outstanding:        
Basic (in shares) 38,969 40,398 38,982 40,515
Diluted (in shares) 38,969 40,925 38,982 40,831