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Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Information  
Schedule of reportable segments

Our reportable segments are as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

 

2013

 

2012

 

 

 

Television

 

Online

 

Consolidated

 

Television

 

Online

 

Consolidated

 

Revenues

 

$

51,902

 

$

38,228

 

$

90,130

 

$

60,102

 

$

33,716

 

$

93,818

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment adjusted EBITDA before corporate overhead

 

24,741

 

9,597

 

34,338

 

30,602

 

4,306

 

34,908

 

Less corporate overhead

 

 

 

 

 

(5,998

)

 

 

 

 

(7,284

)

Adjusted EBITDA

 

 

 

 

 

28,340

 

 

 

 

 

27,624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

 

 

 

(13,626

)

 

 

 

 

(14,542

)

Share-based compensation

 

 

 

 

 

(3,247

)

 

 

 

 

(4,439

)

Acquisition, integration and other

 

 

 

 

 

(3,677

)

 

 

 

 

(1,379

)

Goodwill impairment

 

 

 

 

 

 

 

 

 

 

(208,166

)

Income (loss) from operations

 

 

 

 

 

$

7,790

 

 

 

 

 

$

(200,902

)

 

 

 

Nine Months Ended September 30,

 

 

 

2013

 

2012

 

 

 

Television

 

Online

 

Consolidated

 

Television

 

Online

 

Consolidated

 

Revenues

 

$

164,859

 

$

113,564

 

$

278,423

 

$

183,534

 

$

99,469

 

$

283,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment adjusted EBITDA before corporate overhead

 

82,762

 

23,708

 

106,470

 

96,055

 

11,492

 

107,547

 

Less corporate overhead

 

 

 

 

 

(18,656

)

 

 

 

 

(19,936

)

Adjusted EBITDA

 

 

 

 

 

87,814

 

 

 

 

 

87,611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

 

 

 

(42,361

)

 

 

 

 

(41,403

)

Share-based compensation

 

 

 

 

 

(9,672

)

 

 

 

 

(13,816

)

Acquisition, integration and other

 

 

 

 

 

(7,364

)

 

 

 

 

(5,556

)

Goodwill impairment

 

 

 

 

 

 

 

 

 

 

(208,166

)

Income (loss) from operations

 

 

 

 

 

$

28,417

 

 

 

 

 

$

(181,330

)