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Operating Segments (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Operating Segments

The following summary table presents separate financial data for each of our operating segments (in thousands):  

 

 

Three-Months Ended

 

 

March 31,

 

 

2016

 

 

2015

 

Net revenue:

 

 

 

 

 

 

 

Radio

$

28,525

 

 

 

29,227

 

Television

 

3,088

 

 

 

2,915

 

Consolidated

$

31,613

 

 

 

32,142

 

Engineering and programming expenses:

 

 

 

 

 

 

 

Radio

$

6,032

 

 

 

5,399

 

Television

 

2,130

 

 

 

2,265

 

Consolidated

$

8,162

 

 

 

7,664

 

Selling, general and administrative expenses:

 

 

 

 

 

 

 

Radio

$

13,476

 

 

 

13,648

 

Television

 

1,979

 

 

 

1,614

 

Consolidated

$

15,455

 

 

 

15,262

 

 

Corporate expenses:

$

2,993

 

 

 

2,148

 

Depreciation and amortization:

 

 

 

 

 

 

 

Radio

$

488

 

 

 

507

 

Television

 

663

 

 

 

684

 

Corporate

 

99

 

 

 

96

 

Consolidated

$

1,250

 

 

 

1,287

 

(Gain) loss on the disposal of assets, net:

 

 

 

 

 

 

 

Radio

$

(3

)

 

 

(6

)

Television

 

 

 

 

 

Corporate

 

 

 

 

 

Consolidated

$

(3

)

 

 

(6

)

Operating income (loss):

 

 

 

 

 

 

 

Radio

$

8,532

 

 

 

9,679

 

Television

 

(1,684

)

 

 

(1,648

)

Corporate

 

(3,092

)

 

 

(2,244

)

Consolidated

$

3,756

 

 

 

5,787

 

Capital expenditures:

 

 

 

 

 

 

 

Radio

$

382

 

 

 

173

 

Television

 

94

 

 

 

84

 

Corporate

 

101

 

 

 

28

 

Consolidated

$

577

 

 

 

285

 

 

 

March 31,

 

 

December 31,

 

 

2016

 

 

2015

 

Total Assets:

 

 

 

 

 

 

 

Radio

$

392,341

 

 

$

392,926

 

Television

 

55,433

 

 

 

51,388

 

Corporate

 

3,748

 

 

 

2,895

 

Consolidated

$

451,522

 

 

$

447,209