XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Revenues:    
Advertising $ 146,319 $ 89,733
Retransmission 53,614 27,918
Other 9,565 5,372
Total operating revenues 209,498 123,023
Costs and Expenses:    
Employee compensation and benefits 95,885 68,362
Programs and program licenses 40,568 21,132
Other expenses 45,747 29,260
Defined benefit pension plan expense 3,450 2,686
Acquisition and related integration costs 578 2,774
Total costs and expenses 186,228 124,214
Depreciation, Amortization, and (Gains) Losses:    
Depreciation 8,656 6,187
Amortization of intangible assets 5,755 2,108
(Gains) losses, net on disposal of property, plant and equipment (4) 164
Net depreciation, amortization, and (gains) losses 14,407 8,459
Operating income (loss) 8,863 (9,650)
Interest expense (4,579) (2,052)
Miscellaneous, net (191) (1,436)
Income (loss) from continuing operations before income taxes 4,093 (13,138)
Benefit for income taxes (795) (5,023)
Income (loss) from continuing operations 4,888 (8,115)
Income from discontinued operations, net of tax 0 3,015
Net income (loss) $ 4,888 $ (5,100)
Net income (loss) per basic share of common stock:    
Income (loss) from continuing operations (in dollars per share) $ 0.06 $ (0.14)
Income from discontinued operations (in dollars per share) 0.00 0.05
Net income (loss) per basic share of common stock (in dollars per share) 0.06 (0.09)
Net income (loss) per diluted share of common stock:    
Income (loss) from continuing operations (in dollars per share) 0.06 (0.14)
Income from discontinued operations (in dollars per share) 0.00 0.05
Net income (loss) per diluted share of common stock (in dollars per share) $ 0.06 $ (0.09)