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Segment Information
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
We determine our business segments based upon our management and internal reporting structure. Our reportable segments are strategic businesses that offer different products and services.
Our television segment includes 11 ABC affiliates, three NBC affiliates, and two independent stations that operate as duopolies with our Kansas City NBC affiliate and our Detroit ABC affiliate. We also own five Azteca America affiliates. Our television stations reach approximately 14% of the nation’s households. Television stations earn revenue primarily from the sale of advertising time to local and national advertisers and retransmission fees received from cable operators and satellite carriers.
Our newspaper segment includes daily and community newspapers in 13 markets across the United States. Newspapers earn revenue primarily from the sale of advertising space to local and national advertisers and newspaper subscription fees.
Syndication and other primarily includes certain digital operations outside of our television and newspaper markets and syndication of news features and comics and other features for the newspaper industry. Newsy, a digital video news service, and WeatherSphere, a provider of weather-related mobile apps, are also included in syndication and other.
We allocate a portion of certain corporate costs and expenses, including information technology, certain employee benefits, digital operation services and other shared services, to our business segments. The allocations are generally amounts agreed upon by management, which may differ from an arms-length amount. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes, and deferred income taxes. A portion of our digital operations, which is not allocated to our television and newspaper segments, is included in shared services and corporate.
Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan expense (other than current service cost), income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.
Information regarding our business segments is as follows:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands)
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
Segment operating revenues:
 
 
 
 
 
 
 
 
Television
 
$
121,068


$
99,289

 
$
339,004

 
$
307,548

Newspapers
 
84,473


88,346

 
275,213

 
281,286

Syndication and other
 
2,059


1,900

 
9,123

 
7,207

Total operating revenues
 
$
207,600

 
$
189,535

 
$
623,340

 
$
596,041

Segment profit (loss):
 
 
 
 
 
 
 
 
Television
 
$
29,813

 
$
18,921

 
$
78,591

 
$
65,945

Newspapers
 
767

 
3,038

 
14,759

 
14,857

Syndication and other
 
(872
)
 
(177
)
 
(1,385
)
 
(145
)
Shared services and corporate
 
(10,088
)
 
(13,885
)
 
(38,797
)
 
(37,788
)
Defined benefit pension plan expense
 
(1,670
)
 
(2,490
)
 
(8,525
)
 
(7,028
)
Acquisition and related integration costs
 
(5,049
)
 
—

 
(9,408
)
 
—

Separation and restructuring costs
 
—

 
(1,290
)
 
—

 
(3,691
)
Depreciation and amortization of intangibles
 
(13,195
)
 
(12,096
)
 
(36,519
)
 
(35,684
)
Gains (losses), net on disposal of property, plant and equipment
 
2,951

 
(177
)
 
2,861

 
(140
)
Interest expense
 
(2,050
)
 
(2,655
)
 
(6,347
)
 
(7,924
)
Miscellaneous, net
 
(216
)
 
(1,087
)
 
(1,061
)
 
(4,025
)
Income (loss) from operations before income taxes
 
$
391

 
$
(11,898
)
 
$
(5,831
)
 
$
(15,623
)
Depreciation:
 
 
 
 
 
 
 
 
Television
 
$
5,894

 
$
5,751

 
$
16,033

 
$
16,958

Newspapers
 
4,255

 
4,015

 
12,167

 
12,132

Syndication and other
 
127

 
20

 
327

 
58

Shared services and corporate
 
649

 
574

 
1,904

 
1,349

Total depreciation
 
$
10,925

 
$
10,360

 
$
30,431

 
$
30,497

Amortization of intangibles:
 
 
 
 
 
 
 
 
Television
 
$
1,909

 
$
1,599

 
$
5,108

 
$
4,778

Newspapers
 
92

 
137

 
303

 
409

Syndication and other
 
269

 
—

 
677

 
—

Total amortization of intangibles
 
$
2,270

 
$
1,736

 
$
6,088

 
$
5,187

Additions to property, plant and equipment:
 
 
 
 
 
 
 
 
Television
 
$
4,100

 
$
2,169

 
$
10,540

 
$
7,325

Newspapers
 
573

 
285

 
1,486

 
1,746

Syndication and other
 
302

 
—

 
432

 
—

Shared services and corporate
 
253

 
908

 
979

 
6,460

Total additions to property, plant and equipment
 
$
5,228

 
$
3,362

 
$
13,437

 
$
15,531


No single customer provides more than 10% of our revenue.