XML 13 R3.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net operating revenue $ 28,229,000 $ 29,716,000 $ 52,441,000 $ 55,010,000
Station operating expenses 22,226,000 23,305,000 44,189,000 45,764,000
Corporate general and administrative 3,074,000 3,004,000 6,241,000 6,087,000
Depreciation and amortization 1,267,000 1,258,000 2,593,000 2,456,000
Other operating expense, net 253,000 6,000 307,000 977,000
Operating income (loss) 1,409,000 2,143,000 (889,000) (274,000)
Interest expense 107,000 71,000 214,000 114,000
Interest income (210,000) (251,000) (432,000) (554,000)
Other income (1,000) (1,133,000) (24,000) (1,133,000)
Income (loss) before income tax expense 1,513,000 3,456,000 (647,000) 1,299,000
Income tax (benefit) expense        
Current 510,000 815,000 (160,000) 300,000
Deferred (125,000) 140,000 (40,000) 75,000
Total income tax provision 385,000 955,000 (200,000) 375,000
Net income (loss) $ 1,128,000 $ 2,501,000 $ (447,000) $ 924,000
Income (loss) per share:        
Basic (in dollars per share) $ 0.18 $ 0.4 $ (0.07) $ 0.15
Diluted (in dollars per share) $ 0.18 $ 0.4 $ (0.07) $ 0.15
Weighted average common shares 6,176 6,072 6,138 6,068
Weighted average common and common equivalent shares 6,176 6,072 6,138 6,068
Dividends declared per share (in dollars per share) $ 0.25 $ 0.25 $ 0.5 $ 1.1