Financial Information about Industry Segments (Tables)

3 Months Ended

Sep. 30, 2020

The following table presents financial information by segment:



Three months ended September 30,	2020		2019
(In millions)
Revenues
National media	$	467.7	$	532.9
Local media	226.0		192.8
Total revenues, gross	693.7		725.7
Intersegment revenue elimination	(0.2)		(0.5)
Total revenues	$	693.5	$	725.2

Segment profit
National media	$	31.5	$	28.1
Local media	63.8		38.4
Unallocated corporate	(17.2)		(23.6)
Income from operations	78.1		42.9
Non-operating income, net	5.6		8.6
Interest expense, net	(43.5)		(38.9)
Earnings from continuing operations before income taxes	$	40.2	$	12.6

Depreciation and amortization
National media	$	40.0	$	47.4
Local media	8.6		9.6
Unallocated corporate	0.4		1.5
Total depreciation and amortization	$	49.0	$	58.5