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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Total operating revenues $ 566,529 $ 612,101 $ 1,677,143 $ 1,772,274
Operating Expenses:        
Cost of revenues, excluding depreciation and amortization 321,227 312,054 946,511 918,398
Selling, general and administrative expenses, excluding depreciation and amortization 147,849 154,858 448,997 461,967
Acquisition and related integration costs 0 0 0 1,642
Restructuring costs 4,705 0 29,208 0
Depreciation 15,100 15,340 45,290 46,522
Amortization of intangible assets 23,488 24,225 70,469 73,807
Impairment of goodwill 0 0 686,000 0
Losses (gains), net on disposal of property and equipment 1,066 1,593 2,320 5,651
Total operating expenses 513,435 508,070 2,228,795 1,507,987
Operating income (loss) 53,094 104,031 (551,652) 264,287
Interest expense (56,916) (41,917) (158,029) (114,427)
Gain on extinguishment of debt 0 0 0 1,234
Defined benefit pension plan income 251 683 519 2,008
Miscellaneous, net 1,309 (494) 131 1,269
Income (loss) from operations before income taxes (2,262) 62,303 (709,031) 154,371
Provision (benefit) for income taxes 1,391 16,055 (17,009) 44,018
Net income (loss) (3,653) 46,248 (692,022) 110,353
Preferred stock dividends (12,576) (12,576) (37,729) (37,729)
Net income (loss) attributable to the shareholders of The E.W. Scripps Company $ (16,229) $ 33,672 $ (729,751) $ 72,624
Net income (loss) per basic share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share) $ (0.19) $ 0.39 $ (8.67) $ 0.85
Net income (loss) per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share) $ (0.19) $ 0.38 $ (8.67) $ 0.80
Advertising        
Operating Revenues:        
Total operating revenues $ 355,167 $ 436,779 $ 1,078,369 $ 1,249,407
Distribution        
Operating Revenues:        
Total operating revenues 203,859 167,250 571,320 497,012
Other        
Operating Revenues:        
Total operating revenues $ 7,503 $ 8,072 $ 27,454 $ 25,855