XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Revenues:              
Advertising         $ 548,205 $ 421,546 $ 370,733
Retransmission         136,571 56,185 42,505
Other         30,880 21,021 19,119
Total operating revenues $ 204,808 $ 189,691 $ 198,134 $ 123,023 715,656 498,752 432,357
Costs and Expenses:              
Employee compensation and benefits         340,042 257,870 225,644
Programs and program licenses         121,479 55,487 53,826
Other expenses         163,297 115,175 114,164
Defined benefit pension plan expense         58,674 5,671 8,110
Acquisition and related integration costs         37,988 9,708 0
Total costs and expenses 223,095 173,962 200,209 124,214 721,480 443,911 401,744
Depreciation, Amortization, and Losses (Gains):              
Depreciation         34,178 24,168 24,144
Amortization of intangible assets         17,774 8,012 6,378
Asset impairment charges         24,613 0 0
Losses (gains), net on disposal of property, plant and equipment (96) 200 215 164 483 (2,872) 296
Net depreciation, amortization, and losses (gains)         77,048 29,308 30,818
Operating (loss) income         (82,872) 25,533 (205)
Interest expense (4,576) (4,246) (4,225) (2,052) (15,099) (8,494) (10,437)
Miscellaneous, net (1,433) 1,061 387 (1,436) (1,421) (7,693) (11,350)
(Loss) income from continuing operations before income taxes (38,218) (28,542) (19,494)   (99,392) 9,346 (21,992)
Expense (benefit) for income taxes (17,094) (4,099) (6,539) (5,023) (32,755) (111) (11,907)
Income (Loss) from Continuing Operations Attributable to Parent         (66,637) 9,457 (10,085)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (407) 0 (18,448) 3,015 (15,840) 1,072 9,611
Net (loss) income $ (21,531) $ (24,443) $ (31,403) $ (5,100) $ (82,477) $ 10,529 $ (474)
Net (loss) income per basic share of common stock attributable to the shareholders of The E. W. Scripps Company:              
Income (Loss) from Continuing Operations, Per Basic Share $ (0.25) $ (0.29) $ (0.15) $ (0.14) $ (0.86) $ 0.16 $ (0.18)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 0.00 (0.22) 0.05 (0.20) 0.02 0.17
Net income (loss) per basic share of common stock (USD per share) (0.25) (0.29) (0.15) (0.14) (1.06) 0.18 (0.01)
Net (loss) income per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company:              
Income (Loss) from Continuing Operations, Per Diluted Share         (0.86) 0.16 (0.18)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share         (0.20) 0.02 0.17
Net income (loss) from discontinued operations per diluted share of common stock $ 0.00 $ 0.00 $ (0.22) $ 0.05 $ (1.06) $ 0.18 $ (0.01)
Weighted average shares outstanding:              
Basic (in shares) 83,775 84,107 83,903 57,335 77,373 56,342 56,516
Diluted (in shares) 83,775 84,107 83,903 57,335 77,373 57,239 56,516