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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues    
Total operating revenues $ 454,988 $ 443,635
Operating Expenses    
Programming 119,887 100,741
Direct operating expenses 99,163 101,388
Selling, general and administrative 133,262 131,956
Depreciation 12,952 13,775
Amortization 35,021 41,687
Gain on sales of spectrum 0 (133,197)
Total operating expenses 400,285 256,350
Operating Profit [1] 54,703 187,285
Income on equity investments, net 45,685 39,137
Interest income 6,247 1,898
Interest expense (43,615) (40,631)
Pension and other postretirement periodic benefit credit, net 4,630 7,084
Gain on investment transactions 86,272 3,888
Other non-operating (loss) gain, net (1,623) 117
Reorganization items, net (1,318) (893)
Income Before Income Taxes 150,981 197,885
Income tax expense 37,777 56,702
Net Income 113,204 141,183
Net loss attributable to noncontrolling interests 4 6
Net Income attributable to Tribune Media Company $ 113,208 $ 141,189
Earnings Per Share    
Earnings Per Share, Basic $ 1.29 $ 1.61
Earnings Per Share, Diluted $ 1.27 $ 1.60
Corporate and Other    
Operating Revenues    
Total operating revenues $ 1,561 $ 2,933
Operating Expenses    
Depreciation 1,890 2,905
Operating Profit [1] (25,222) (24,567)
Television and Entertainment    
Operating Revenues    
Total operating revenues $ 453,427 $ 440,702
[1] (1)Operating profit (loss) for each segment excludes income and loss on equity investments, interest income, interest expense, pension and other postretirement period benefit cost (credit), non-operating items, reorganization costs and income taxes.