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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating revenues:    
Media $ 446,310 $ 443,829
Digital 332,161 337,903
Total 778,471 781,732
Operating expenses:    
Cost of revenues, exclusive of depreciation 295,809 247,531
Selling, general and administrative expenses, exclusive of depreciation 274,998 280,309
Depreciation 23,087 22,233
Amortization of intangible assets 29,018 28,290
Asset impairment and facility consolidation charges 2,183 0
Total 625,095 578,363
Operating income 153,376 203,369
Non-operating (expense) income:    
Equity (loss) income in unconsolidated investments, net (see Note 4) (1,469) 2,933
Interest expense (55,416) (61,713)
Other non-operating items (4,009) 929
Total (60,894) (57,851)
Income before income taxes 92,482 145,518
Provision for income taxes 28,583 42,108
Income from continuing operations 63,899 103,410
Loss from discontinued operations, net of tax 0 (7,474)
Net income 63,899 95,936
Net income attributable to noncontrolling interests (6,185) (10,492)
Net income attributable to TEGNA Inc. $ 57,714 $ 85,444
Earnings from continuing operations per share - basic (in dollars per share) $ 0.27 $ 0.42
Loss from discontinued operations per share - basic (in dollars per share) 0.00 (0.03)
Net income per share – basic (In dollars per share) 0.27 0.39
Earnings from continuing operations per share - diluted (in dollars per share) 0.27 0.42
Loss from discontinued operations per share - diluted (in dollars per share) 0.00 (0.04)
Net income per share – diluted (In dollars per share) $ 0.27 $ 0.38
Weighted average number of common shares outstanding:    
Basic shares 215,305 219,286
Diluted shares 217,569 223,254
Dividends declared per share (in dollars per share) $ 0.14 $ 0.14