SEGMENT DATA (Tables)

6 Months Ended

Jun. 30, 2014

SEGMENT DATA

Schedule of segment financial information

Segment financial information is included in the following tables for the periods presented (in thousands):

For the three months ended June 30, 2014	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	437,487	$	17,649	$	—		$	455,136
Depreciation of property and equipment	24,422		563		267			25,252
Amortization of definite-lived intangible assets and other assets	23,351		1,638		—			24,989
Amortization of program contract costs and net realizable value adjustments	23,574		—		—			23,574
General and administrative overhead expenses	14,253		416		2,734			17,403
Operating income (loss)	105,460		580		(3,001		)	103,039
Interest expense	—		1,031		39,090			40,121
Income from equity and cost method investments	—		742		—			742
Assets	3,361,951		319,850		500,161			4,181,962

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
Loss from equity and cost method investments	—		(404		)	—			(404		)

For the six months ended June 30, 2014	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	835,393	$	32,391	$	—		$	867,784
Depreciation of property and equipment	47,939		1,157		534			49,630
Amortization of definite-lived intangible assets and other assets	46,514		3,203		—			49,717
Amortization of program contract costs and net realizable value adjustments	47,515		—		—			47,515
General and administrative overhead expenses	28,982		668		3,588			33,238
Operating income (loss)	187,580		581		(4,122		)	184,039
Interest expense	—		1,950		77,709			79,659
Income from equity and cost method investments	—		840		—			840
Assets	3,361,951		319,850		500,161			4,181,962

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
Loss from equity and cost method investments	—		(1,456		)	—			(1,456		)