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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Revenues        
Television and Entertainment $ 459,145 $ 429,700 $ 1,380,991 $ 1,285,622
Digital and Data 49,064 46,561 149,651 140,388
Other 9,860 12,333 34,055 36,845
Total operating revenues 518,069 488,594 1,564,697 1,462,855
Operating Expenses        
Programming 149,480 116,295 396,450 347,493
Direct operating expenses 119,002 110,808 348,276 326,329
Selling, general and administrative 172,229 153,876 535,152 469,374
Depreciation 18,710 19,027 53,567 54,047
Amortization 49,396 49,780 148,195 145,988
(Gain) loss on sales of real estate (213,168) 0 (212,719) 97
Total operating expenses 295,649 449,786 1,268,921 1,343,328
Operating Profit 222,420 38,808 295,776 119,527
Income on equity investments, net 31,737 36,987 114,295 119,834
Interest and dividend income 534 162 920 572
Interest expense (42,121) (42,529) (126,004) (122,115)
Loss on extinguishment of debt 0 0 0 (37,040)
Gain on investment transactions 0 3,250 0 12,070
Other non-operating gain, net 57 2,306 478 2,517
Reorganization items, net (434) 188 (1,234) (1,432)
Income Before Income Taxes 212,193 39,172 284,231 93,933
Income tax expense 66,428 11,314 288,936 32,923
Net Income (Loss) $ 145,765 $ 27,858 $ (4,705) $ 61,010
Net Earnings (Loss) Per Common Share:        
Basic (usd per share) $ 1.62 $ 0.29 $ (0.05) $ 0.63
Diluted (usd per share) 1.61 0.29 (0.05) 0.63
Regular Cash Dividend        
Net Earnings (Loss) Per Common Share:        
Dividends declared per common share (usd per share) 0.25 0.25 0.75 0.50
Special Cash Dividend        
Net Earnings (Loss) Per Common Share:        
Dividends declared per common share (usd per share) $ 0.00 $ 0.00 $ 0.00 $ 6.73