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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue (less agency commissions) $ 1,084,132 $ 882,728 $ 812,465
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Broadcast 596,403 557,563 474,994
Corporate and administrative 40,910 31,589 40,319
Depreciation 53,883 51,973 45,923
Amortization of intangible assets 20,570 25,072 16,596
(Gain) loss on disposals of assets, net (16,405) (74,200) 329
Operating expenses 695,361 591,997 578,161
Operating income 388,771 290,731 234,304
Other income (expense):      
Miscellaneous income, net 5,507 657 610
Interest expense (106,628) (95,259) (97,236)
Loss from early extinguishment of debt (2,851) (31,987)
Income before income taxes 287,650 193,278 105,691
Income tax expense (benefit) 76,847 (68,674) 43,418
Net income $ 210,803 $ 261,952 $ 62,273
Basic per share information:      
Net income (in dollars per share) $ 2.39 $ 3.59 $ 0.87
Weighted average shares outstanding (in shares) 88,084 73,061 71,848
Diluted per share information:      
Net income (in dollars per share) $ 2.37 $ 3.55 $ 0.86
Weighted average shares outstanding (in shares) 88,778 73,836 72,764
Dividends declared per common share (in dollars per share) $ 0 $ 0