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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 28,845,000 $ 24,143,000 $ 79,192,000 $ 67,060,000
Operating expenses :        
Station operating expenses 21,690,000 19,616,000 61,630,000 60,467,000
Corporate general and administrative 2,538,000 2,838,000 7,470,000 8,923,000
Other operating (income) expense, net (2,000) 50,000 (25,000) (1,234,000)
Impairment of broadcast licenses 0 1,392,000   5,149,000
Operating income (loss) 4,619,000 247,000 10,117,000 (6,245,000)
Interest expense 73,000 75,000 218,000 265,000
Interest income (4,000) (8,000) (14,000) (141,000)
Other income (279,000) 0 (582,000) (213,000)
Income (loss) before income tax expense (benefit) 4,829,000 180,000 10,495,000 (6,156,000)
Income tax provision:        
Income tax expense (benefit) 1,375,000 1,130,000 3,030,000 (1,975,000)
Net income (loss) $ 3,454,000 $ (950,000) $ 7,465,000 $ (4,181,000)
Basic earnings (loss) per share        
Basic earnings (loss) per share $ 0.58 $ (0.16) $ 1.25 $ (0.70)
Diluted earnings (loss) per share        
Diluted earning per share $ 0.58 $ (0.16) $ 1.25 $ (0.70)
Weighted average common shares 5,917 5,869 5,916 5,867
Weighted average common and common equivalent shares 5,917 5,869 5,916 5,867
Dividends declared per share $ 0.16 $ 0 $ 0.32 $ 0.32