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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statements of Income    
Net revenues $ 505,430 $ 498,150
Operating expenses (income)    
Direct advertising expenses (exclusive of depreciation and amortization) 179,997 175,645
General and administrative expenses (exclusive of depreciation and amortization) 94,992 89,161
Corporate expenses (exclusive of depreciation and amortization) 31,172 35,704
Depreciation and amortization 77,821 75,228
Gain on disposition of assets and investments (69,785) (2,188)
Costs and expenses, total 314,197 373,550
Operating income 191,233 124,600
Other (income) expense    
Interest income (492) (467)
Interest expense 38,332 44,487
Equity in (earnings) loss of investee (380) 559
Total other (income) expense 37,460 44,579
Income before income tax expense 153,773 80,021
Income tax expense 14,544 1,522
Net income 139,229 78,499
Net income attributable to non-controlling interest 474 275
Net income attributable to controlling interest 138,755 78,224
Cash dividends declared and paid on preferred stock 91 91
Net income applicable to common stock $ 138,664 $ 78,133
Earnings per share:    
Basic earnings per share (in dollars per share) $ 1.35 $ 0.77
Diluted earnings per share (in dollars per share) 1.35 0.76
Cash dividends declared per share of common stock (in dollars per share) $ 1.55 $ 1.30
Weighted average common shares used in computing earnings per share:    
Weighted average common shares outstanding basic (in shares) 102,437,911 102,115,159
Weighted average common shares outstanding diluted (in shares) 102,797,307 102,447,333
Statements of Comprehensive Income    
Net income $ 139,229 $ 78,499
Other comprehensive loss, net of tax    
Foreign currency translation adjustments (321) (392)
Comprehensive income 138,908 78,107
Net income attributable to non-controlling interest 474 275
Comprehensive income attributable to controlling interest $ 138,434 $ 77,832