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Segment Information
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
We determine our business segments based upon our management and internal reporting structures, as well as the basis on which our chief operating decision maker makes resource-allocation decisions.
Our Local Media segment includes more than 60 local television stations and their related digital operations. It is comprised of 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. We also have seven CW affiliates - four on full power stations and three on multicast; seven independent stations and 10 additional low power stations. Our Local Media segment earns revenue primarily from the sale of advertising to local, national and political advertisers and retransmission fees received from cable operators, telecommunications companies, satellite carriers and over-the-top virtual MVPDs.

Our Scripps Networks segment includes national news outlets Scripps News and Court TV as well as popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. The Scripps Networks reach nearly every U.S. television home through free over-the-air broadcast, cable/satellite, connected TV and digital distribution. These operations earn revenue primarily through the sale of advertising.
Our respective business segment results reflect the impact of intercompany carriage agreements between our local broadcast television stations and our national networks. We also allocate a portion of certain corporate costs and expenses, including accounting, human resources, employee benefit and information technology to our business segments. These intercompany agreements and allocations are generally amounts agreed upon by management, which may differ from an arms-length amount.
The other segment caption aggregates our operating segments that are too small to report separately. Costs for centrally provided services and certain corporate costs that are not allocated to the business segments are included in shared services and corporate costs. These unallocated corporate costs would also include the costs associated with being a public company. Corporate assets are primarily cash and cash equivalents, property and equipment primarily used for corporate purposes and deferred income taxes.

Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan amounts, income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.
Information regarding our business segments is as follows:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
(in thousands)2024202320242023
Segment operating revenues:
Local Media$364,926 $352,219 $717,762 $664,142 
Scripps Networks208,720 231,229 417,998 447,702 
Other4,746 3,773 8,859 7,529 
Intersegment eliminations(4,763)(4,385)(9,526)(8,759)
Total operating revenues$573,629 $582,836 $1,135,093 $1,110,614 
Segment profit (loss):
Local Media$88,130 $81,017 $153,686 $126,860 
Scripps Networks37,747 60,343 87,401 111,869 
Other(9,236)(6,279)(15,633)(7,811)
Shared services and corporate(21,651)(23,331)(43,226)(46,736)
Restructuring costs(973)(7,992)(5,988)(24,503)
Depreciation and amortization of intangible assets(38,468)(38,628)(77,156)(77,171)
Impairment of goodwill— (686,000)— (686,000)
Gains (losses), net on disposal of property and equipment157 (358)10 (1,254)
Interest expense(52,123)(52,275)(107,040)(101,113)
Defined benefit pension plan income177 134 354 268 
Miscellaneous, net(419)(675)16,402 (1,178)
Income (loss) from operations before income taxes$3,341 $(674,044)$8,810 $(706,769)
Depreciation:
Local Media$10,153 $9,787 $20,186 $19,640 
Scripps Networks4,719 4,930 9,544 9,666 
Other70 45 130 90 
Shared services and corporate208 375 410 794 
Total depreciation$15,150 $15,137 $30,270 $30,190 
Amortization of intangible assets:
Local Media$8,716 $8,981 $17,661 $17,961 
Scripps Networks12,976 13,009 25,953 26,018 
Other445 449 896 898 
Shared services and corporate1,181 1,052 2,376 2,104 
Total amortization of intangible assets$23,318 $23,491 $46,886 $46,981 
Additions to property and equipment:
Local Media$17,943 $14,140 $33,404 $21,407 
Scripps Networks4,138 2,501 6,454 2,695 
Other609 34 727 34 
Shared services and corporate459 139 461 974 
Total additions to property and equipment$23,149 $16,814 $41,046 $25,110 
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)2024202320242023
Operating revenues:
Core advertising$336,502 $367,257 $670,292 $715,831 
Political29,479 3,846 45,447 7,371 
Distribution199,599 200,902 402,159 367,461 
Other8,049 10,831 17,195 19,951 
Total operating revenues$573,629 $582,836 $1,135,093 $1,110,614