XML 71 R61.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Information - Schedule of Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 15, 2021
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Information regarding business segments            
Total operating revenues   $ 594,467   $ 565,077 $ 1,160,173 $ 1,105,998
Segment profit (loss)   88,979   104,255 160,256 161,473
Acquisition and related integration costs   0   (6,686) (1,642) (35,331)
Restructuring costs   0   (514) 0 (7,564)
Depreciation and amortization of intangible assets   (41,019)   (40,751) (80,764) (80,258)
Gains (losses), net on disposal of property and equipment   (1,577)   (75) (4,058) (155)
Interest expense   (36,011)   (42,010) (72,510) (85,892)
Gain (loss) on extinguishment of debt $ (13,800) 0 $ 1,200 (13,775) 1,234 (13,775)
Defined benefit pension plan income   662   7 1,325 14
Gain on sale of Triton business   0   0 0 81,784
Losses on stock warrant   0   (31,874) 0 (99,118)
Miscellaneous, net   2,170   (2,707) 1,763 (7,558)
Income from continuing operations before income taxes   55,800   13,896 92,068 36,928
Depreciation:            
Total depreciation   15,812   14,245 31,182 28,370
Amortization of intangible assets:            
Total amortization of intangible assets   25,207   26,506 49,582 51,888
Additions to property and equipment:            
Total additions to property and equipment   12,368   22,659 24,955 30,051
Intersegment Eliminations            
Information regarding business segments            
Total operating revenues   (4,174)   (3,545) (8,348) (6,986)
Shared Services and Corporate            
Information regarding business segments            
Segment profit (loss)   (18,115)   (19,138) (41,326) (38,059)
Depreciation:            
Total depreciation   412   363 811 719
Amortization of intangible assets:            
Total amortization of intangible assets   1,546   651 2,251 1,172
Additions to property and equipment:            
Total additions to property and equipment   204   441 260 460
Local Media | Operating Segments            
Information regarding business segments            
Total operating revenues   355,819   324,837 682,480 637,418
Segment profit (loss)   80,742   64,643 135,135 120,580
Depreciation:            
Total depreciation   10,526   9,854 20,668 19,539
Amortization of intangible assets:            
Total amortization of intangible assets   8,981   9,085 17,961 18,682
Additions to property and equipment:            
Total additions to property and equipment   6,901   13,295 16,214 18,749
Scripps Networks | Operating Segments            
Information regarding business segments            
Total operating revenues   238,929   238,735 477,997 452,395
Segment profit (loss)   73,297   107,317 158,373 199,520
Depreciation:            
Total depreciation   4,830   3,983 9,615 7,818
Amortization of intangible assets:            
Total amortization of intangible assets   14,209   16,770 28,418 29,887
Additions to property and equipment:            
Total additions to property and equipment   5,227   8,923 8,436 10,412
Other | Operating Segments            
Information regarding business segments            
Total operating revenues   3,893   5,050 8,044 23,171
Segment profit (loss)   (4,349)   (541) (5,462) 2,740
Depreciation:            
Total depreciation   44   45 88 294
Amortization of intangible assets:            
Total amortization of intangible assets   471   0 952 2,147
Additions to property and equipment:            
Total additions to property and equipment   $ 36   $ 0 $ 45 $ 430