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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 803,111 $ 756,487 $ 2,362,115 $ 2,216,446
Operating expenses:        
Cost of revenues [1] 428,891 399,751 1,260,576 1,191,561
Business units - Selling, general and administrative expenses 98,582 100,425 300,136 286,700
Corporate - General and administrative expenses 13,367 11,891 48,299 51,944
Depreciation 15,219 16,792 46,058 48,526
Amortization of intangible assets 14,953 15,774 44,952 47,307
Spectrum repacking reimbursements and other, net (159) 504 (322) (2,394)
Total 570,853 545,137 1,699,699 1,623,644
Operating income 232,258 211,350 662,416 592,802
Non-operating (expense) income:        
Equity loss in unconsolidated investments, net (178) (1,790) (4,225) (5,716)
Interest expense (43,406) (46,477) (129,976) (139,571)
Other non-operating items, net 1,310 2,486 16,764 4,340
Total (42,274) (45,781) (117,437) (140,947)
Income before income taxes 189,984 165,569 544,979 451,855
Provision for income taxes 43,827 36,870 132,595 103,470
Net Income 146,157 128,699 412,384 348,385
Net income attributable to redeemable noncontrolling interest (92) (419) (516) (861)
Net income attributable to TEGNA Inc. $ 146,065 $ 128,280 $ 411,868 $ 347,524
Earnings per share:        
Basic (in dollars per share) $ 0.65 $ 0.58 $ 1.84 $ 1.57
Diluted (in dollars per share) $ 0.65 $ 0.58 $ 1.83 $ 1.56
Weighted average number of common shares outstanding:        
Basic shares (in shares) 223,968 221,805 223,456 221,314
Diluted shares (in shares) 224,921 222,799 224,221 222,172
[1] 1 Cost of revenues exclude charges for depreciation and amortization expense, which are shown separately above.