XML 42 R28.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
Summarized quarterly financial information is as follows:
 
 
1st
 
2nd
 
3rd
 
4th
 
 
2015
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Total
 
 
 
 
 
 
 
 
 
 
 
Total revenue
 
$
91,478

 
$
115,814

 
$
110,306

 
$
123,408

 
$
441,006

Total operating costs and expenses
 
$
95,196

 
$
112,070

 
$
110,904

 
$
113,517

 
$
431,687

Operating income (loss)
 
$
(3,718
)
 
$
3,744

 
$
(598
)
 
$
9,891

 
$
9,319

Income (loss) before income taxes
 
$
(3,442
)
 
$
3,619

 
$
(1,148
)
 
$
9,721

 
$
8,750

Net income (loss) attributable to Journal Media Group
 
$
(3,542
)
 
$
3,323

 
$
(488
)
 
$
3,834

 
$
3,127

Earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Basic
 
(0.14
)
 
0.13

 
(0.02
)
 
0.15

 
0.12

Diluted
 
(0.14
)
 
0.13

 
(0.02
)
 
0.15

 
0.12


On April 1, 2015 we acquired the JRN Newspapers.

 
 
1st
 
2nd
 
3rd
 
4th
 
 
2014
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Total
 
 
 
 
 
 
 
 
 
 
 
Total revenue
 
$
98,459

 
$
92,228

 
$
84,543

 
$
95,102

 
$
370,332

Total operating costs and expenses
 
$
102,057

 
$
102,342

 
$
92,984

 
$
97,037

 
$
394,420

Operating income (loss)
 
$
(3,598
)
 
$
(10,114
)
 
$
(8,441
)
 
$
(1,935
)
 
$
(24,088
)
Income (loss) before income taxes
 
$
(3,933
)
 
$
(10,446
)
 
$
(8,856
)
 
$
(2,322
)
 
$
(25,557
)
Net income (loss) attributable to Journal Media Group
 
$
(3,939
)
 
$
(10,456
)
 
$
(9,053
)
 
$
(2,318
)
 
$
(25,766
)
Earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Basic
 
(0.27
)
 
(0.72
)
 
(0.63
)
 
(0.16
)
 
(1.78
)
Diluted
 
(0.27
)
 
(0.72
)
 
(0.63
)
 
(0.16
)
 
(1.78
)