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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue (less agency commissions) $ 597,356,000 $ 508,134,000 $ 346,298,000
Operating expenses before depreciation, amortization, and loss on disposals of assets, net:      
Broadcast 374,182,000 285,990,000 217,411,000
Corporate and administrative 34,343,000 29,203,000 19,810,000
Depreciation 36,712,000 30,248,000 24,096,000
Amortization of intangible assets 11,982,000 8,297,000 336,000
Loss on disposals of assets, net 80,000 623,000 765,000
Operating expenses 457,299,000 354,361,000 262,418,000
Operating income 140,057,000 153,773,000 83,880,000
Other income (expense):      
Miscellaneous income, net 103,000 23,000 0
Interest expense (74,411,000) (68,913,000) (52,445,000)
Loss from early extinguishment of debt 0 (5,086,000) 0
Income before income taxes 65,749,000 79,797,000 31,435,000
Income tax expense 26,448,000 31,736,000 13,147,000
Net trade income (loss) $ 39,301,000 $ 48,061,000 $ 18,288,000
Basic per share information:      
Net income (in dollars per share) $ 0.58 $ 0.83 $ 0.32
Weighted-average shares outstanding – basic (in shares) 68,330 57,862 57,630
Diluted per share information:      
Net income (in dollars per share) $ 0.57 $ 0.82 $ 0.32
Weighted average shares outstanding (in shares) 68,987 58,364 57,972
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0