Summarized quarterly financial information is as follows:



2017	1st			2nd			3rd			4th
(in thousands, except per share data)	Quarter			Quarter			Quarter			Quarter			Total

Operating revenues	$	196,329		$	213,749		$	197,781		$	256,975		$	864,834
Costs and expenses	(182,268		)	(181,602		)	(186,456		)	(224,167		)	(774,493		)
Depreciation and amortization of intangibles	(13,861		)	(13,781		)	(13,775		)	(14,926		)	(56,343		)
Impairment of goodwill and intangibles	—			—			(35,732		)	—			(35,732		)
Gains (losses), net on disposal of property and equipment	(47		)	(15		)	(114		)	7			(169		)
Interest expense	(4,195		)	(8,248		)	(5,720		)	(8,534		)	(26,697		)
Defined benefit pension plan expense	(3,467		)	(3,467		)	(3,551		)	(3,627		)	(14,112		)
Miscellaneous, net	(879		)	5,103			1,187			5,225			10,636
Income (loss) from continuing operations before income taxes	(8,388		)	11,739			(46,380		)	10,953			(32,076		)
Provision (benefit) for income taxes	(5,655		)	4,884			(18,776		)	(507		)	(20,054		)
Income (loss) from continuing operations, net of tax	(2,733		)	6,855			(27,604		)	11,460			(12,022		)
Income (loss) from discontinued operations, net of tax	781			1,649			984			(6,009		)	(2,595		)
Net income (loss)	(1,952		)	8,504			(26,620		)	5,451			(14,617		)
Net income (loss) attributable to noncontrolling interest	—			—			—			(1,511		)	(1,511		)
Net income (loss) attributable to the shareholders of The E.W. Scripps Company	$	(1,952	)	$	8,504		$	(26,620	)	$	6,962		$	(13,106	)
Net income (loss) from continuing operations per basic share of common stock	$	(0.03	)	$	0.08		$	(0.34	)	$	0.16		$	(0.13	)
Net income (loss) from discontinued operations per basic share of common stock	$	0.01		$	0.02		$	0.01		$	(0.07	)	$	(0.03	)
Net income (loss) from continuing operations per diluted share of common stock	$	(0.03	)	$	0.08		$	(0.34	)	$	0.16		$	(0.13	)
Net income (loss) from discontinued operations per diluted share of common stock	$	0.01		$	0.02		$	0.01		$	(0.07	)	$	(0.03	)
Weighted average shares outstanding:
Basic	82,079			82,302			82,039			81,792			82,052
Diluted	82,079			82,465			82,039			81,792			82,052
Cash dividends per share of common stock	$	—		$	—		$	—		$	—		$	—

In the third quarter of 2017, we recorded a $29 million non-cash charge to reduce the carrying value of goodwill and $6.3 million to reduce the value of intangible assets related to Cracked. For more information around the impairment of goodwill and intangibles, see Note 9.



2016	1st			2nd			3rd			4th
(in thousands, except per share data)	Quarter			Quarter			Quarter			Quarter			Total

Operating revenues	$	194,196		$	208,833		$	212,838		$	252,953		$	868,820
Costs and expenses	(170,390		)	(171,924		)	(170,506		)	(172,111		)	(684,931		)
Depreciation and amortization of intangibles	(13,609		)	(13,978		)	(13,974		)	(13,643		)	(55,204		)
Impairment of goodwill and intangibles	—			—			—			—			—
Gains (losses), net on disposal of property and equipment	4			(22		)	(26		)	(436		)	(480		)
Interest expense	(4,579		)	(4,432		)	(4,592		)	(4,436		)	(18,039		)
Defined benefit pension plan expense	(3,450		)	(3,449		)	(3,605		)	(3,828		)	(14,332		)
Miscellaneous, net	(191		)	(458		)	(596		)	(1,401		)	(2,646		)
Income (loss) from continuing operations before income taxes	1,981			14,570			19,539			57,098			93,188
Provision (benefit) for income taxes	(1,606		)	5,510			8,563			20,799			33,266
Income (loss) from continuing operations, net of tax	3,587			9,060			10,976			36,299			59,922
Income (loss) from discontinued operations, net of tax	1,301			2,428			1,546			2,038			7,313
Net income (loss)	$	4,888		$	11,488		$	12,522		$	38,337		$	67,235
Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Net income (loss) attributable to the shareholders of The E.W. Scripps Company	$	4,888		$	11,488		$	12,522		$	38,337		$	67,235
Net income (loss) from continuing operations per basic share of common stock	$	0.04		$	0.11		$	0.13		$	0.44		$	0.71
Net income (loss) from discontinued operations per basic share of common stock	$	0.02		$	0.03		$	0.02		$	0.02		$	0.09
Net income (loss) from continuing operations per diluted share of common stock	$	0.04		$	0.10		$	0.13		$	0.44		$	0.71
Net income (loss) from discontinued operations per diluted share of common stock	$	0.02		$	0.03		$	0.02		$	0.02		$	0.09
Weighted average shares outstanding:
Basic	83,965			83,773			83,230			82,401			83,339
Diluted	84,225			84,051			83,518			82,684			83,639
Cash dividends per share of common stock	$	—		$	—		$	—		$	—		$	—