Operating Segments

9 Months Ended

Sep. 30, 2011

Operating Segments [Abstract]

Operating Segments

4. Operating Segments

We have two reportable segments: radio and television. The following summary table presents separate financial data for each of our operating segments (in thousands):

	Three-Months Ended						Nine-Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
	(In thousands)						(In thousands)
Net revenue:
Radio	$	31,970			30,468			89,633			89,371
Television		4,442			4,085			13,181			11,865
Consolidated	$	36,412			34,553			102,814			101,236
Engineering and programming expenses:
Radio	$	5,322			5,795			17,010			17,269
Television		3,411			4,174			11,498			12,565
Consolidated	$	8,733			9,969			28,508			29,834
Selling, general and administrative expenses:
Radio	$	10,492			10,628			30,264			30,583
Television		2,070			1,874			6,434			5,540
Consolidated	$	12,562			12,502			36,698			36,123
Corporate expenses:	$	1,647			1,331			5,590			5,806
Depreciation and amortization:
Radio	$	547			622			1,710			2,008
Television		739			569			1,889			1,695
Corporate		128			201			411			691
Consolidated	$	1,414			1,392			4,010			4,394
(Gain) loss on the disposal of assets, net:
Radio	$	—			23			(9	)		23
Television		—			—			—			8
Corporate		(8	)		—			(8	)		—
Consolidated	$	(8	)		23			(17	)		31
Impairment charges and restructuring costs:
Radio	$	—			—			—			—
Television		—			43			—			43
Corporate		—			2,054			207			2,054
Consolidated	$	—			2,097			207			2,097
Operating income (loss):
Radio	$	15,609			13,400			40,658			39,488
Television		(1,778	)		(2,575	)		(6,640	)		(7,986	)
Corporate		(1,767	)		(3,586	)		(6,200	)		(8,551	)
Consolidated	$	12,064			7,239			27,818			22,951
Capital expenditures:
Radio	$	267			218			720			619
Television		24			62			1,658			372
Corporate		6			170			126			266
Consolidated	$	297			450			2,504			1,257

	September 30,		December 31,
Total Assets:	2011		2010
	(In thousands)
Radio	$	430,088		425,106
Television		62,118		45,707
Corporate		3,466		4,006
Consolidated	$	495,672		474,819