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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue (less agency commissions) $ 226,681 $ 196,633 $ 430,142 $ 370,356
Operating expenses before depreciation, amortization and loss (gain) on disposal of assets, net:        
Broadcast 133,545 117,335 267,016 225,903
Corporate and administrative 8,409 8,524 16,118 24,202
Depreciation 12,841 11,617 25,470 22,743
Amortization of intangible assets 6,657 4,242 12,224 8,130
Gain on disposals of assets, net (77,326) 1,228 (76,799) (420)
Operating expenses 84,126 142,946 244,029 280,558
Operating income 142,555 53,687 186,113 89,798
Other income (expense):        
Miscellaneous income, net 1 141 8 710
Interest expense (23,791) (24,269) (46,982) (45,544)
Loss from early extinguishment of debt (311) (2,851)
Income before income taxes 118,454 29,559 136,288 44,964
Income tax expense 47,893 11,897 55,222 18,312
Net income $ 70,561 $ 17,662 $ 81,066 $ 26,652
Basic per share information:        
Net income (in dollars per share) $ 0.98 $ 0.25 $ 1.13 $ 0.37
Weighted-average shares outstanding (in shares) 71,821 71,878 71,849 71,835
Diluted per share information:        
Net income (in dollars per share) $ 0.97 $ 0.24 $ 1.12 $ 0.37
Weighted-average shares outstanding (in shares) 72,501 72,748 72,510 72,665
Dividends declared per common share (in dollars per share) $ 0 $ 0