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SEGMENT DATA (Tables)
6 Months Ended
Jun. 30, 2013
SEGMENT DATA  
Schedule of financial information for operating segments

Financial information for our operating segments are included in the following tables for the periods presented (in thousands):

 

For the three months ended June 30, 2013

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

301,316

 

$

12,838

 

$

 

$

314,154

 

Depreciation of property and equipment

 

14,377

 

379

 

349

 

15,105

 

Amortization of definite-lived intangible assets and other assets

 

14,369

 

1,188

 

 

15,557

 

Amortization of program contract costs and net realizable value adjustments

 

18,656

 

 

 

18,656

 

General and administrative overhead expenses

 

10,230

 

263

 

954

 

11,447

 

Operating income (loss)

 

85,312

 

271

 

(1,303

)

84,280

 

Interest expense

 

 

(808

)

(44,657

)

(45,465

)

Income from equity and cost method investments

 

 

(404

)

 

(404

)

Assets

 

2,659,847

 

96,928

 

586,618

 

3,343,393

 

 

For the three months ended June 30, 2012

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

238,925

 

$

12,149

 

$

 

$

251,074

 

Depreciation of property and equipment

 

11,424

 

327

 

383

 

12,134

 

Amortization of definite-lived intangible assets and other assets

 

8,978

 

1,016

 

 

9,994

 

Amortization of program contract costs and net realizable value adjustments

 

15,169

 

 

 

15,169

 

General and administrative overhead expenses

 

6,704

 

304

 

505

 

7,513

 

Operating income (loss)

 

72,827

 

(37

)

(901

)

71,889

 

Interest expense

 

 

(701

)

(28,619

)

(29,320

)

Income from equity and cost method investments

 

 

5,148

 

 

5,148

 

 

For the six months ended June 30, 2013

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

572,472

 

$

24,300

 

$

 

$

596,772

 

Depreciation of property and equipment

 

28,161

 

848

 

691

 

29,700

 

Amortization of definite-lived intangible assets and other assets

 

29,238

 

2,321

 

 

31,559

 

Amortization of program contract costs and net realizable value adjustments

 

37,517

 

 

 

37,517

 

General and administrative overhead expenses

 

20,359

 

560

 

1,778

 

22,697

 

Operating income (loss)

 

150,442

 

(37

)

(2,469

)

147,936

 

Interest expense

 

 

(1,539

)

(81,623

)

(83,162

)

Income from equity and cost method investments

 

 

(1,456

)

 

(1,456

)

Assets

 

2,659,847

 

96,928

 

586,618

 

3,343,393

 

 

For the six months ended June 30, 2012

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

447,351

 

$

26,097

 

$

 

$

473,448

 

Depreciation of property and equipment

 

19,904

 

735

 

766

 

21,405

 

Amortization of definite-lived intangible assets and other assets

 

13,465

 

2,348

 

 

15,813

 

Amortization of program contract costs and net realizable value adjustments

 

29,269

 

 

 

29,269

 

General and administrative overhead expenses

 

14,608

 

915

 

1,357

 

16,880

 

Operating income (loss)

 

134,630

 

(710

)

(2,137

)

131,783

 

Interest expense

 

 

(1,555

)

(55,152

)

(56,707

)

Income from equity and cost method investments

 

 

6,424

 

 

6,424