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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 784,881 $ 732,908 $ 1,559,004 $ 1,459,959
Operating expenses:        
Cost of revenues [1] 420,235 397,118 831,685 791,810
Business units - Selling, general and administrative expenses 99,585 96,949 201,554 186,275
Corporate - General and administrative expenses 13,612 23,183 34,932 40,053
Depreciation 15,534 15,838 30,839 31,734
Amortization of intangible assets 14,999 15,773 29,999 31,533
Spectrum repacking reimbursements and other, net (105) (1,475) (163) (2,898)
Total 563,860 547,386 1,128,846 1,078,507
Operating income 221,021 185,522 430,158 381,452
Non-operating (expense) income:        
Equity loss in unconsolidated investments, net (236) (2,597) (4,047) (3,926)
Interest expense (42,950) (46,609) (86,570) (93,094)
Other non-operating items, net (1,865) 1,524 15,454 1,854
Total (45,051) (47,682) (75,163) (95,166)
Income before income taxes 175,970 137,840 354,995 286,286
Provision for income taxes 44,030 30,986 88,768 66,600
Net Income 131,940 106,854 266,227 219,686
Net income attributable to redeemable noncontrolling interest (371) (227) (424) (442)
Net income attributable to TEGNA Inc. $ 131,569 $ 106,627 $ 265,803 $ 219,244
Earnings per share:        
Basic (in dollars per share) $ 0.59 $ 0.48 $ 1.19 $ 0.99
Diluted (in dollars per share) $ 0.59 $ 0.48 $ 1.19 $ 0.99
Weighted average number of common shares outstanding:        
Basic shares (in shares) 223,675 221,522 223,197 221,064
Diluted shares (in shares) 224,489 222,506 223,867 221,855
[1] 1 Cost of revenues exclude charges for depreciation and amortization expense, which are shown separately above.