SEGMENT INFORMATION (Tables)

12 Months Ended

Feb. 28, 2015

Results of Operations of Business Segments



Year Ended February 28, 2015	Radio			Publishing		Corporate & Emerging Technologies			Consolidated
Net revenues	$	176,250		$	61,142	$	546		$	237,938
Station operating expenses excluding depreciation and amortization expense	117,167			60,083		3,759			181,009
Corporate expenses excluding depreciation and amortization expense	—			—		14,922			14,922
LMA fee	4,208			—		—			4,208
Hungary license litigation and related expenses	521			—		—			521
Impairment loss	67,915			—		—			67,915
Depreciation and amortization	3,143			245		2,538			5,926
Gain on contract settlement	(2,500		)	—		—			(2,500		)
Operating income (loss)	$	(14,204	)	$	814	$	(20,673	)	$	(34,063	)



Year Ended February 28, 2014	Radio			Publishing		Corporate & Emerging Technologies			Consolidated
Net revenues	$	145,276		$	59,747	$	123		$	205,146
Station operating expenses excluding depreciation and amortization expense	97,564			59,085		2,360			159,009
Corporate expenses excluding depreciation and amortization expense	—			—		17,024			17,024
Hungary license litigation and related expenses	2,058			—		—			2,058
Depreciation and amortization	2,476			235		2,155			4,866
(Gain) loss on sale of fixed assets	(10		)	2		—			(8		)
Operating income (loss)	$	43,188		$	425	$	(21,416	)	$	22,197



Year Ended February 28, 2013	Radio			Publishing			Corporate & Emerging Technologies			Consolidated
Net revenues	$	138,630		$	57,454		$	—		$	196,084
Station operating expenses excluding depreciation and amortization expense	95,830			58,241			—			154,071
Corporate expenses excluding depreciation and amortization expense	—			—			17,819			17,819
Hungary license litigation and related expenses	1,381			—			—			1,381
Impairment loss	10,971			448			—			11,419
Depreciation and amortization	2,451			318			1,953			4,722
(Gain) loss on sale of fixed assets	(9,897		)	20			—			(9,877		)
Operating income (loss)	$	37,894		$	(1,573	)	$	(19,772	)	$	16,549



Total Assets	Radio		Publishing		Corporate & Emerging Technologies		Consolidated
As of February 28, 2014	$	210,161	$	21,809	$	33,378	$	265,348
As of February 28, 2015	282,653		21,622		30,457		334,732

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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