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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues:        
Total operating revenues $ 358,883 $ 320,428 $ 773,106 $ 597,487
Costs and Expenses:        
Employee compensation and benefits 130,029 110,159 274,824 215,292
Programming 131,743 89,993 263,422 177,341
Other expenses 67,388 68,454 150,525 125,860
Acquisition and related integration costs 221 2,788 5,131 6,268
Restructuring costs 0 957 0 1,895
Total costs and expenses 329,381 272,351 693,902 526,656
Depreciation, Amortization, and (Gains) Losses:        
Depreciation 12,396 9,827 25,747 18,625
Amortization of intangible assets 14,249 9,705 28,243 17,913
(Gains) losses, net on disposal of property and equipment 1,307 144 2,740 317
Net depreciation, amortization, and (gains) losses 27,952 19,676 56,730 36,855
Operating income 1,550 28,401 22,474 33,976
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
Provision (benefit) for income taxes (6,515) 3,385 (4,103) 992
Income (loss) from continuing operations before income tax (17,512) 5,798 (24,710) 2,478
Loss from discontinued operations, net of tax (4,531) (6,164) (9,142) (9,658)
Net loss $ (22,043) $ (366) $ (33,852) $ (7,180)
Net income (loss) per basic share of common stock:        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.22) $ 0.07 $ (0.30) $ 0.03
Loss from discontinued operations, Per Basic Share (0.06) (0.07) (0.11) (0.12)
Net loss per basic share of common stock: (0.27) (0.01) (0.42) (0.09)
Net income (loss) per diluted share of common stock:        
Income (Loss) from Continuing Operations, Per Diluted Share (0.22) 0.07 (0.30) 0.03
Loss from discontinued operations, Per Diluted Share (0.06) (0.07) (0.11) (0.12)
Net loss per diluted share of common stock: $ (0.27) $ (0.01) $ (0.42) [1] $ (0.09)
Advertising        
Operating Revenues:        
Total operating revenues $ 195,457 $ 208,651 $ 449,998 $ 379,448
Retransmission and carriage        
Operating Revenues:        
Total operating revenues 144,283 93,325 283,233 180,608
Other        
Operating Revenues:        
Total operating revenues $ 19,143 $ 18,452 $ 39,875 $ 37,431
[1] See notes to condensed consolidated financial statements.