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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Revenues      
Total operating revenues [1] $ 2,009,734 $ 1,848,959 $ 1,947,930
Operating Expenses      
Programming 489,063 604,068 515,738
Direct operating expenses 401,366 391,770 390,595
Selling, general and administrative 567,798 573,008 620,422
Depreciation [2] 54,206 56,314 58,825
Amortization [2] 166,715 166,679 166,664
Gain on sales of spectrum (133,197) 0 0
Gain on sales of real estate, net (24,657) (28,533) (213,086)
Total operating expenses 1,521,294 1,763,306 1,539,158
Total operating profit [1] 488,440 85,653 408,772
Income on equity investments, net 169,335 137,362 148,156
Interest and dividend income 12,224 3,149 1,226
Interest expense (169,033) (159,387) (152,719)
Pension and other postretirement periodic benefit credit, net 28,139 22,815 24,802
Loss on extinguishments and modification of debt 0 (20,487) [3] 0
(Loss) gain on investment transactions, net (1,113) [3] 8,131 [3] 0
Write-downs of investments 0 (193,494) [3] 0
Other non-operating gain, net 68 [3] 71 [3] 5,427
Reorganization items, net (2,400) [4] (2,109) [4] (1,422)
Income (Loss) from Continuing Operations Before Income Taxes 525,660 (118,296) 434,242
Income tax expense (benefit) 113,130 (301,373) 347,202
Income from Continuing Operations 412,530 183,077 87,040
Income (Loss) from Discontinued Operations, net of taxes (Note 2) 0 14,420 (72,794)
Net Income 412,530 197,497 14,246
Net loss (income) from continuing operations attributable to noncontrolling interests 41 (3,378) 0
Net Income attributable to Tribune Media Company $ 412,571 $ 194,119 $ 14,246
Earnings Per Share [Abstract]      
Continuing Operations $ 4.71 $ 2.06 $ 0.96
Discontinued Operations 0.00 0.17 (0.80)
Net Earnings Per Common Share 4.71 2.23 0.16
Continuing Operations 4.67 2.04 0.96
Discontinued Operations 0.00 0.16 (0.80)
Net Earnings Per Common Share $ 4.67 $ 2.20 $ 0.16
Corporate, Non-Segment      
Operating Revenues      
Total operating revenues [1] $ 11,056 $ 13,536 $ 38,034
Operating Expenses      
Depreciation [2] 9,440 13,601 13,742
Total operating profit [1] (94,831) (110,447) 83,935
Television and Entertainment      
Operating Revenues      
Total operating revenues 1,998,678 1,835,423 [5] 1,909,896 [5]
Television and Entertainment | Advertising      
Operating Revenues      
Total operating revenues 1,315,769 1,225,900 [5] 1,374,571 [5]
Television and Entertainment | Retransmission revenue and carriage fees      
Operating Revenues      
Total operating revenues 632,846 540,244 455,768
Television and Entertainment | Other revenue      
Operating Revenues      
Total operating revenues $ 50,063 $ 69,279 $ 79,557
[1] (1)See Note 2 for the disclosures of operating revenues and operating loss included in discontinued operations for the historical periods.
[2] (2)Depreciation from discontinued operations totaled $14 million for the year ended December 31, 2016. Amortization from discontinued operations totaled $30 million for the year ended December 31, 2016.
[3] See Note 3 to the Company’s consolidated financial statements for information pertaining to non-operating items recorded in 2018 and 2017.
[4] See Note 10 to the Company’s consolidated financial statements for information pertaining to reorganization items recorded in 2018 and 2017.
[5] (1)Prior period amounts have not been adjusted under the modified retrospective method.