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SEGMENT DATA (Tables)
3 Months Ended
Mar. 31, 2015
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 March 31, 2015

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

485,122

 

$

19,653

 

$

—

 

$

504,775

 

Depreciation of property and equipment

 

24,185

 

725

 

279

 

25,189

 

Amortization of definite-lived intangible assets and other assets

 

37,891

 

2,089

 

—

 

39,980

 

Amortization of program contract costs and net realizable value adjustments

 

30,391

 

—

 

—

 

30,391

 

General and administrative overhead expenses

 

14,905

 

259

 

852

 

16,016

 

Operating income (loss)

 

87,449

 

744

 

(3,646

)

84,547

 

Interest expense

 

—

 

1,075

 

45,573

 

46,648

 

Income from equity and cost method investments

 

—

 

3,146

 

—

 

3,146

 

Assets

 

4,865,380

 

366,307

 

185,792

 

5,417,479

 

 

For the three months ended March 31, 2014

 

Broadcast

 

Other
Operating
Divisions

 

Corporate

 

Consolidated

 

Revenue

 

$

397,906

 

$

14,742

 

$

—

 

$

412,648

 

Depreciation of property and equipment

 

23,517

 

594

 

267

 

24,378

 

Amortization of definite-lived intangible assets and other assets

 

23,163

 

1,565

 

—

 

24,728

 

Amortization of program contract costs and net realizable value adjustments

 

23,941

 

—

 

—

 

23,941

 

General and administrative overhead expenses

 

14,730

 

251

 

854

 

15,835

 

Operating income (loss)

 

82,121

 

1

 

(1,122

)

81,000

 

Interest expense

 

—

 

919

 

38,619

 

39,538

 

Income from equity and cost method investments

 

—

 

98

 

—

 

98