QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

QUARTERLY FINANCIAL INFORMATION (UNAUDITED):

(In thousands, except per share data)

	For the Quarter Ended
	3/31/2017		6/30/2017		9/30/2017		12/31/2017 (a)
Total revenues, net	$	649,935	$	679,290	$	670,891	$	734,002
Operating income	$	157,629	$	118,849	$	103,447	$	357,581
Net income	$	70,703	$	46,035	$	32,566	$	444,800
Net income attributable to Sinclair Broadcast Group	$	57,202	$	44,645	$	30,637	$	443,529
Basic earnings per common share	$	0.62	$	0.43	$	0.30	$	4.36
Diluted earnings per common share	$	0.61	$	0.43	$	0.30	$	4.32

(a) During the three months ended December 31, 2017, we recognized a gain of $225.3 million for vacating spectrum in certain markets as discussed in Broadcast Spectrum Auction under Note 2. Acquisitions and Dispositions of Assets; and a non-recurring benefit of $272.1 million to reflect the estimated effect of the Tax Reform as discussed in Note 9. Income Taxes.

	For the Quarter Ended
	3/31/2016		6/30/2016		9/30/2016		12/31/2016
Total revenues, net	$	578,889	$	666,534	$	693,835	$	797,691
Operating income	$	86,339	$	129,074	$	153,994	$	233,446
Net income	$	25,629	$	50,600	$	52,033	$	122,500
Net income attributable to Sinclair Broadcast Group	$	24,140	$	49,419	$	50,845	$	120,897
Basic earnings per common share	$	0.25	$	0.52	$	0.54	$	1.34
Diluted earnings per common share	$	0.25	$	0.52	$	0.54	$	1.32