XML 49 R39.htm IDEA: XBRL DOCUMENT v3.22.2
Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator (for basic and diluted earnings per share)        
Income from continuing operations, net of tax $ 41,740 $ 1,213 $ 64,105 $ 4,716
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic (872) 0 (1,105) 0
Undistributed Earnings (Loss) Allocated to Participating Securities, Diluted (872) 0 (1,105) 0
Less preferred stock dividends (12,577) (12,576) (25,153) (24,219)
Net income (loss) attributable to the shareholders of The E.W. Scripps Company 28,291 (11,363) 37,847 (19,503)
Numerator for diluted earnings per shares $ 28,291 $ (11,363) $ 37,847 $ (19,503)
Denominator        
Basic weighted-average shares outstanding (in shares) 83,270 82,381 83,030 82,143
Effect of dilutive securities:        
Restricted stock units (in shares) 235 0 424 0
Common stock warrant (in shares) 4,315 0 6,594 0
Diluted weighted-average shares outstanding (in shares) 87,820 82,381 90,048 82,143