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Operating Segments (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Summary of Operating Segments

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

 

 

Three-Months Ended

 

 

 

March 31,

 

 

 

2017

 

 

2016

 

 

Net revenue:

 

 

 

 

 

 

 

 

Radio

$

28,224

 

 

$

28,525

 

 

Television

 

3,126

 

 

 

3,088

 

 

Consolidated

$

31,350

 

 

$

31,613

 

 

Engineering and programming expenses:

 

 

 

 

 

 

 

 

Radio

$

6,199

 

 

$

6,032

 

 

Television

 

2,418

 

 

 

2,130

 

 

Consolidated

$

8,617

 

 

$

8,162

 

 

Selling, general and administrative expenses:

 

 

 

 

 

 

 

 

Radio

$

13,136

 

 

$

13,476

 

 

Television

 

1,351

 

 

 

1,979

 

 

Consolidated

$

14,487

 

 

$

15,455

 

 

Corporate expenses:

$

2,444

 

 

$

2,993

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

Radio

$

476

 

 

$

488

 

 

Television

 

559

 

 

 

663

 

 

Corporate

 

97

 

 

 

99

 

 

Consolidated

$

1,132

 

 

$

1,250

 

 

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

 

 

 

 

 

 

 

 

Radio

$

 

 

$

(3

)

 

Television

 

(1

)

 

 

 

 

Corporate

 

 

 

 

 

 

Consolidated

$

(1

)

 

$

(3

)

 

Recapitalization costs:

 

 

 

 

 

 

 

 

Radio

$

 

 

$

 

 

Television

 

 

 

 

 

 

Corporate

 

826

 

 

 

 

 

Consolidated

$

826

 

 

$

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

Radio

$

8,413

 

 

$

8,532

 

 

Television

 

(1,201

)

 

 

(1,684

)

 

Corporate

 

(3,367

)

 

 

(3,092

)

 

Consolidated

$

3,845

 

 

$

3,756

 

 

Capital expenditures:

 

 

 

 

 

 

 

 

Radio

$

202

 

 

$

382

 

 

Television

 

23

 

 

 

94

 

 

Corporate

 

51

 

 

 

101

 

 

Consolidated

$

276

 

 

$

577

 

 

 

 

March 31,

 

 

December 31,

 

 

2017

 

 

2016

 

Total Assets:

 

 

 

 

 

 

 

Radio

$

392,838

 

 

$

391,817

 

Television

 

55,562

 

 

 

56,554

 

Corporate

 

2,730

 

 

 

2,519

 

Consolidated

$

451,130

 

 

$

450,890