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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue (less agency commissions) $ 812,465 $ 597,356 $ 508,134
Operating expenses before depreciation, amortization, and loss on disposals of assets, net:      
Broadcast 475,131 374,182 285,990
Corporate and administrative 40,347 34,343 29,203
Depreciation 45,923 36,712 30,248
Amortization of intangible assets 16,596 11,982 8,297
Loss on disposals of assets, net 329 80 623
Operating expenses 578,326 457,299 354,361
Operating income 234,139 140,057 153,773
Other income (expense):      
Miscellaneous income, net 775 103 23
Interest expense (97,236) (74,411) (68,913)
Loss from early extinguishment of debt (31,987) (5,086)
Income before income taxes 105,691 65,749 79,797
Income tax expense 43,418 26,448 31,736
Net trade income (loss) $ 62,273 $ 39,301 $ 48,061
Basic per share information:      
Net income (in dollars per share) $ 0.87 $ 0.58 $ 0.83
Weighted average shares outstanding (in shares) 71,848 68,330 57,862
Diluted per share information:      
Net income (in dollars per share) $ 0.86 $ 0.57 $ 0.82
Weighted average shares outstanding (in shares) 72,764 68,987 58,364
Dividends declared per common share (in dollars per share) $ 0 $ 0