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Segment Information (Tables)
9 Months Ended
Sep. 30, 2012
Segment Information  
Schedule of reportable segments

 

 

 

 

Three Months Ended September 30,

 

 

 

2012

 

2011

 

 

 

Television

 

Online

 

Consolidated

 

Television

 

Online

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

60,102

 

$

33,716

 

$

93,818

 

$

60,572

 

$

24,022

 

$

84,594

 

Adjusted EBITDA before corporate overhead

 

30,853

 

4,306

 

35,159

 

32,500

 

3,056

 

35,556

 

Less corporate overhead

 

(6,679

)

(856

)

(7,535

)

(3,749

)

(1,064

)

(4,813

)

Adjusted EBITDA

 

$

24,174

 

$

3,450

 

27,624

 

$

28,751

 

$

1,992

 

 

30,743

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition and integration

 

 

 

 

 

(1,379

)

 

 

 

 

(10,571

)

Share-based compensation

 

 

 

 

 

(4,439

)

 

 

 

 

(4,382

)

Depreciation and amortization

 

 

 

 

 

(14,542

)

 

 

 

 

(11,318

)

Goodwill impairment

 

 

 

 

 

(208,166

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

 

 

 

 

$

(200,902

)

 

 

 

 

$

4,472

 

 

 

 

Nine Months Ended September 30,

 

 

 

2012

 

2011

 

 

 

Television

 

Online

 

Consolidated

 

Television

 

Online

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

183,534

 

$

99,469

 

$

283,003

 

$

182,469

 

$

33,487

 

$

215,956

 

Adjusted EBITDA before corporate overhead

 

96,521

 

11,493

 

108,014

 

100,982

 

4,372

 

105,354

 

Less corporate overhead

 

(17,767

)

(2,636

)

(20,403

)

(12,154

)

(1,723

)

(13,877

)

Adjusted EBITDA

 

$

78,754

 

$

8,857

 

87,611

 

$

88,828

 

$

2,649

 

91,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition and integration

 

 

 

 

 

(5,556

)

 

 

 

 

(13,776

)

Share-based compensation

 

 

 

 

 

(13,816

)

 

 

 

 

(7,592

)

Depreciation and amortization

 

 

 

 

 

(41,403

)

 

 

 

 

(25,702

)

Goodwill impairment

 

 

 

 

 

(208,166

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

 

 

 

 

$

(181,330

)

 

 

 

 

$

44,407