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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 524,080 $ 489,369 $ 1,026,170 $ 948,439
Operating expenses:        
Cost of revenues, exclusive of depreciation 264,294 229,683 522,787 461,091
Business units - Selling, general and administrative expenses, exclusive of depreciation 78,933 75,302 152,554 143,731
Corporate - General and administrative expenses, exclusive of depreciation 11,221 14,248 23,929 29,581
Depreciation 13,861 13,318 27,332 26,535
Amortization of intangible assets 7,962 5,388 14,744 10,777
Asset impairment and facility consolidation (gains) charges (6,326) 1,350 (6,326) 3,533
Total 369,945 339,289 735,020 675,248
Operating income 154,135 150,080 291,150 273,191
Non-operating income (expense):        
Equity income (loss) in unconsolidated investments, net 15,547 (946) 14,309 (2,415)
Interest expense (49,104) (54,843) (96,829) (110,258)
Other non-operating items (311) (21,108) (12,791) (23,182)
Total (33,868) (76,897) (95,311) (135,855)
Income before income taxes 120,267 73,183 195,839 137,336
Provision for income taxes 27,755 23,913 48,140 43,408
Net Income from continuing operations 92,512 49,270 147,699 93,928
Loss from discontinued operations, net of tax 0 (241,699) 0 (222,458)
Net income (loss) 92,512 (192,429) 147,699 (128,530)
Net loss attributable to noncontrolling interests from discontinued operations 0 62,077 0 55,892
Net income (loss) attributable to TEGNA Inc. $ 92,512 $ (130,352) $ 147,699 $ (72,638)
Earnings from continuing operations per share - basic (in dollars per share) $ 0.43 $ 0.23 $ 0.68 $ 0.44
Earnings (loss) from discontinued operations per share - basic (in dollars per share) 0.00 (0.83) 0.00 (0.77)
Net income (loss) per share – basic (In dollars per share) 0.43 (0.60) 0.68 (0.33)
Earnings from continuing operations per share - diluted (in dollars per share) 0.43 0.23 0.68 0.43
Loss from discontinued operations per share - diluted (in dollars per share) 0.00 (0.83) 0.00 (0.77)
Net income (loss) per share – diluted (In dollars per share) $ 0.43 $ (0.60) $ 0.68 $ (0.34)
Weighted average number of common shares outstanding:        
Basic shares (in shares) 216,342 215,501 216,309 215,404
Diluted shares (in shares) 216,515 217,812 216,753 217,691
Dividends declared per share (in dollars per share) $ 0.07 $ 0.07 $ 0.14 $ 0.21