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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May. 31, 2015
May. 31, 2014
NET REVENUES $ 58,453 $ 59,724
OPERATING EXPENSES:    
Station operating expenses excluding LMA fees of $3,825 and $0, and depreciation and amortization expense of $727 and $859, respectively 45,543 42,926
Corporate expenses excluding depreciation and amortization expense of $626 and $591, respectively 3,819 4,890
LMA fee expense 0 3,825
Hungary license litigation and related expenses 0 92
Depreciation and amortization 1,450 1,353
Gain on sale of assets 0 (3)
Total operating expenses 50,812 53,083
OPERATING INCOME 7,641 6,641
OTHER EXPENSE:    
Interest expense (4,546) (1,600)
Other income, net 10 11
Total other expense (4,536) (1,589)
(LOSS) INCOME BEFORE INCOME TAXES AND DISCONTINUED OPERATIONS 3,105 5,052
(BENEFIT) PROVISION FOR INCOME TAXES 947 2,385
CONSOLIDATED NET INCOME 2,158 2,667
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 633 1,711
NET INCOME ATTRIBUTABLE TO THE COMPANY 1,525 956
Amounts attributable to common shareholders for diluted earnings per share:    
Continuing operations $ 1,525 $ 956
Basic net (loss) income per share attributable to common shareholders:    
Continuing operations $ 0.04 $ 0.02
Net income per share attributable to common shareholders $ 0.04 $ 0.02
Basic weighted average common shares outstanding 43,217 42,093
Diluted net (loss) income per share attributable to common shareholders:    
Continuing operations $ 0.03 $ 0.02
Net income per share attributable to common shareholders $ 0.03 $ 0.02
Diluted weighted average common shares outstanding 47,373 47,347