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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues $ 207,427 $ 202,805
Costs and expenses    
Operating (excluding depreciation and amortization) 69,083 76,428
Selling, general and administrative 45,733 43,893
Depreciation and amortization 38,404 34,693
(Gain) loss on disposal of assets (6,146) 408
Total operating costs and expenses 147,074 155,422
Income from operations 60,353 47,383
Interest expense (7,606) (7,555)
Other income (expense), net 287 510
Income before income taxes 53,034 40,338
Provision for income taxes 19,819 13,294
Net income 33,215 27,044
Other comprehensive gain (loss), net of tax 2 (27)
Comprehensive income $ 33,217 $ 27,017
Net income per common share:    
Basic (in dollars per share) [1] $ 5.86 $ 4.67
Diluted (in dollars per share) [1] $ 5.80 $ 4.65
Weighted average common shares outstanding:    
Basic (in shares) [1] 5,671,838 5,796,252
Diluted (in shares) [1] 5,730,901 5,810,639
[1] On July 1, 2015, Graham Holdings Company distributed 5,843,313 shares of Cable One, Inc. common stock to existing holders of Graham Holdings Company common stock. Basic and diluted net income per common share for the year ended December 31, 2014 are calculated using the number of shares distributed on July 1, 2015.