Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Information regarding business segments

Information regarding our business segments is as follows:

	Three Months Ended  June 30,				Six Months Ended  June 30,
(in thousands)	2020		2019		2020		2019
Segment operating revenues:
Local Media	$	276,747	$	236,715	$	598,551	$	440,102
National Media	80,503		81,439		171,422		153,652
Other	1,633		2,274		3,133		3,733
Total operating revenues	$	358,883	$	320,428	$	773,106	$	597,487
Segment profit (loss):
Local Media	$	32,260	$	54,329	$	88,237	$	88,502
National Media	10,282		12,097		27,741		21,687
Other	104		(1,485)		(66)		(1,918)
Shared services and corporate	(12,923)		(13,119)		(31,577)		(29,277)
Acquisition and related integration costs	(221)		(2,788)		(5,131)		(6,268)
Restructuring costs	—		(957)		—		(1,895)
Depreciation and amortization of intangible assets	(26,645)		(19,532)		(53,990)		(36,538)
Gains (losses), net on disposal of property and equipment	(1,307)		(144)		(2,740)		(317)
Interest expense	(22,999)		(18,023)		(48,797)		(26,939)
Defined benefit pension plan expense	(1,026)		(1,564)		(2,052)		(3,136)
Miscellaneous, net	(1,552)		369		(438)		(431)
Income (loss) from continuing operations before income taxes	$	(24,027)	$	9,183	$	(28,813)	$	3,470
Depreciation:
Local Media	$	10,774	$	8,391	$	22,264	$	15,982
National Media	1,194		1,030		2,637		1,857
Other	41		39		78		77
Shared services and corporate	387		367		768		709
Total depreciation	$	12,396	$	9,827	$	25,747	$	18,625
Amortization of intangible assets:
Local Media	$	9,399	$	5,468	$	19,320	$	9,426
National Media	4,512		3,898		8,247		7,810
Shared services and corporate	338		339		676		677
Total amortization of intangible assets	$	14,249	$	9,705	$	28,243	$	17,913
Additions to property and equipment:
Local Media	$	11,776	$	12,411	$	26,217	$	21,891
National Media	232		4,279		2,041		8,562
Other	—		179		5		210
Shared services and corporate	102		195		216		606
Total additions to property and equipment	$	12,110	$	17,064	$	28,479	$	31,269

Disaggregation of Principal Revenue Generating Activities

A disaggregation of the principal activities from which we generate revenue is as follows:

	Three Months Ended  June 30,				Six Months Ended  June 30,
(in thousands)	2020		2019		2020		2019
Operating revenues:
Core advertising	$	182,089	$	206,535	$	417,910	$	376,452
Political	13,368		2,116		32,088		2,996
Retransmission and carriage	144,283		93,325		283,233		180,608
Other	19,143		18,452		39,875		37,431
Total operating revenues	$	358,883	$	320,428	$	773,106	$	597,487