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Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Information regarding business segments
The following table presents additions to property and equipment by segment:
 
 
For the years ended December 31,
(in thousands)
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
Additions to property and equipment:


 
 
 
 
Local Media

$
16,946

 
$
21,064

 
$
20,988

National Media
 
792

 
54

 
66

Other


 
124

 
83

Shared services and corporate

367

 
1,283

 
1,851

Total additions to property and equipment

$
18,105

 
$
22,525

 
$
22,988



Total assets by segment for the years ended December 31 were as follows:
 
 
As of December 31,
(in thousands)
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Local Media
 
$
1,273,735

 
$
1,280,885

 
$
1,285,054

National Media
 
528,479

 
117,725

 
70,861

Other
 
2,128

 
7,146

 
7,044

Shared services and corporate
 
189,202

 
184,109

 
195,307

Total assets of continuing operations
 
1,993,544

 
1,589,865

 
1,558,266

Discontinued operations
 
136,004

 
146,041

 
147,496

Total assets
 
$
2,129,548

 
$
1,735,906

 
$
1,705,762

Information regarding our business segments is as follows:
 
 
For the years ended December 31,
(in thousands)
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
Segment operating revenues:
 
 
 
 
 
 
Local Media
 
$
779,205

 
$
836,154

 
$
637,251

National Media
 
80,174

 
27,929

 
13,014

Other
 
5,455

 
4,737

 
3,910

Total operating revenues
 
$
864,834

 
$
868,820

 
$
654,175

Segment profit (loss):
 

 
 
 
 
Local Media
 
$
156,890

 
$
243,298

 
$
127,597

National Media
 
(9,260
)
 
(10,156
)
 
(2,448
)
Other
 
(2,361
)
 
(2,513
)
 
(3,729
)
Shared services and corporate
 
(50,506
)
 
(46,162
)
 
(45,285
)
Acquisition and related integration costs
 

 
(578
)
 
(37,988
)
Restructuring costs
 
(4,422
)
 

 

Depreciation and amortization of intangible assets
 
(56,343
)
 
(55,204
)
 
(49,791
)
Impairment of goodwill and intangibles
 
(35,732
)
 

 
(24,613
)
Gains (losses), net on disposal of property and equipment
 
(169
)
 
(480
)
 
(305
)
Interest expense
 
(26,697
)
 
(18,039
)
 
(15,099
)
Defined benefit pension plan expense
 
(14,112
)
 
(14,332
)
 
(58,674
)
Miscellaneous, net
 
10,636

 
(2,646
)
 
(1,421
)
Income (loss) from continuing operations before income taxes
 
$
(32,076
)
 
$
93,188

 
$
(111,756
)
Depreciation:
 

 
 
 
 
Local Media
 
$
31,870

 
$
30,184

 
$
29,685

National Media
 
88

 
164

 
525

Other
 
208

 
263

 
258

Shared services and corporate
 
1,883

 
1,863

 
2,344

Total depreciation
 
$
34,049

 
$
32,474

 
$
32,812

Amortization of intangibles:
 

 
 
 
 
Local Media
 
$
15,084

 
$
16,958

 
$
14,607

National Media
 
5,856

 
4,419

 
2,034

Shared services and corporate
 
1,354

 
1,353

 
338

Total amortization of intangibles
 
$
22,294

 
$
22,730

 
$
16,979