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Business operations and segment information
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Business operations and segment information
Business operations and segment information

Our reportable segment determination is based on our management and internal reporting structure, the nature of products and services offered by the segments, and the financial information that is evaluated regularly by our chief operating decision maker.

Immediately following the spin-off of Cars.com and the sale of our majority stake in CareerBuilder, we began classifying our operations as one operating and reportable segment, Media, which consists of our 49 television stations operating in 41 markets, offering high-quality television programming and digital content. Also included in the Media Segment is our DMS business which was previously reported in our Digital Segment. The historical periods below have also been updated to restate the historical results of our DMS business within our Media business.

As a result of classifying the former Digital Segment’s historical financial results as discontinued operations there is no remaining activity following 2016 as shown in the tables below. The 2016 activity shown below for our Digital Segment relates to our former Cofactor business which did not meet the criteria for discontinued operation reporting when the business was sold in December 2016.

Segment operating results for continuing operations are summarized as follows (in thousands):
Business segment financial information
 
2018
 
2017
 
2016
Revenues
 
 
 
 
 
Media
$
2,207,282

 
$
1,903,026

 
$
1,994,120

Digital

 

 
9,968

Total
$
2,207,282

 
$
1,903,026

 
$
2,004,088

Operating income
Media (1)
$
752,292

 
$
602,514

 
$
800,791

Digital (1)

 

 
(30,241
)
Corporate (1) 
(53,816
)
 
(56,612
)
 
(62,398
)
Total
$
698,476

 
$
545,902

 
$
708,152

Depreciation, amortization, asset impairment and other (gains) charges
 
 
 
 
 
Media (1)
$
73,737

 
$
79,398

 
$
85,890

Digital (1)

 

 
21,166

Corporate (1)
1,349

 
1,669

 
3,706

Total
$
75,086

 
$
81,067

 
$
110,762

Capital expenditures
Media
$
62,141

 
$
39,055

 
$
41,572

Digital

 

 

Corporate
3,089

 
390

 
1,643

Total
$
65,230

 
$
39,445

 
$
43,215


(1)
Operating income for Media and Digital Segments includes pre-tax net asset impairment and other (gains) charges for each year presented. See Note 11.