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Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Information regarding business segments

Information regarding our business segments is as follows:

												Three Months Ended  March 31,
(in thousands)																		2021						2020
Segment operating revenues:
Local Media																		$	312,581					$	324,933
Scripps Networks																		213,660						76,755
Other																		18,121						15,664
Intersegment eliminations																		(3,441)						(3,129)
Total operating revenues																		$	540,921					$	414,223
Segment profit (loss):
Local Media																		$	55,937					$	59,106
Scripps Networks																		92,203						9,969
Other																		3,281						4,191
Shared services and corporate																		(18,921)						(18,654)
Acquisition and related integration costs																		(28,645)						(4,910)
Restructuring costs																		(7,050)						—
Depreciation and amortization of intangible assets																		(39,507)						(27,345)
Gains (losses), net on disposal of property and equipment																		(80)						(1,433)
Interest expense																		(43,882)						(25,798)
Defined benefit pension plan income (expense)																		7						(1,026)
Gains on sale of business																		81,784						—
Gains (losses) on stock warrants																		(67,244)						—
Miscellaneous, net																		(4,851)						1,114
Income (loss) from continuing operations before income taxes																		$	23,032					$	(4,786)
Depreciation:
Local Media																		$	9,685					$	11,490
Scripps Networks																		3,835						1,295
Other																		249						185
Shared services and corporate																		356						381
Total depreciation																		$	14,125					$	13,351
Amortization of intangible assets:
Local Media																		$	9,597					$	9,921
Scripps Networks																		13,117						1,835
Other																		2,147						1,900
Shared services and corporate																		521						338
Total amortization of intangible assets																		$	25,382					$	13,994
Additions to property and equipment:
Local Media																		$	5,454					$	14,441
Scripps Networks																		1,489						1,591
Other																		430						223
Shared services and corporate																		19						114
Total additions to property and equipment																		$	7,392					$	16,369

Disaggregation of Principal Revenue Generating Activities

A disaggregation of the principal activities from which we generate revenue is as follows:

												Three Months Ended  March 31,
(in thousands)																		2021						2020
Operating revenues:
Core advertising																		$	361,303					$	235,821
Political																		1,311						18,720
Retransmission and carriage fees																		156,497						138,950
Other																		21,810						20,732
Total operating revenues																		$	540,921					$	414,223

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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