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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues:        
Total operating revenues $ 646,300 $ 566,529 $ 1,781,393 $ 1,677,143
Operating Expenses:        
Cost of revenues, excluding depreciation and amortization 317,486 321,227 973,126 946,511
Selling, general and administrative expenses, excluding depreciation and amortization 154,781 147,849 452,006 448,997
Restructuring costs 12,665 4,705 18,653 29,208
Depreciation 15,811 15,100 46,081 45,290
Amortization of intangible assets 23,050 23,488 69,936 70,469
Impairment of goodwill 0 0 0 686,000
Losses (gains), net on disposal of property and equipment 727 1,066 717 2,320
Total operating expenses 524,520 513,435 1,560,519 2,228,795
Operating income (loss) 121,780 53,094 220,874 (551,652)
Interest expense (54,442) (56,916) (161,482) (158,029)
Defined benefit pension plan income 152 251 506 519
Miscellaneous, net 447 1,309 16,849 131
Income (loss) from operations before income taxes 67,937 (2,262) 76,747 (709,031)
Provision (benefit) for income taxes 20,161 1,391 25,916 (17,009)
Net income (loss) 47,776 (3,653) 50,831 (692,022)
Preferred stock dividends (14,743) (12,576) (43,552) (37,729)
Net income (loss) attributable to the shareholders of The E.W. Scripps Company $ 33,033 $ (16,229) $ 7,279 $ (729,751)
Net income (loss) per basic share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share) $ 0.37 $ (0.19) $ 0.08 $ (8.67)
Net income (loss) per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company (in dollars per share) $ 0.37 $ (0.19) $ 0.08 $ (8.67)
Advertising        
Operating Revenues:        
Total operating revenues $ 447,252 $ 355,167 $ 1,162,991 $ 1,078,369
Distribution        
Operating Revenues:        
Total operating revenues 191,772 203,859 593,931 571,320
Other        
Operating Revenues:        
Total operating revenues $ 7,276 $ 7,503 $ 24,471 $ 27,454