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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of allowance for doubtful accounts A rollforward of the allowance for doubtful accounts is as follows:
(in thousands)
January 1, 2020$3,346 
Charged to costs and expenses3,305 
Amounts charged off, net(3,208)
Balance as of December 31, 20203,443 
Charged to costs and expenses1,987 
Amounts charged off, net(1,174)
Balance as of December 31, 20214,256 
Charged to costs and expenses1,674 
Amounts charged off, net(967)
Balance as of December 31, 2022$4,963 
Estimated useful lives of property and equipment We compute depreciation using the straight-line method over estimated useful lives as follows:
Buildings and improvements
15 to 45 years
Leasehold improvementsShorter of term of lease or useful life
Broadcast transmission towers and related equipment
15 to 35 years
Other broadcast and program production equipment
3 to 15 years
Computer hardware
3 to 5 years
Office and other equipment
3 to 10 years
Property and equipment consisted of the following:
As of December 31,
(in thousands)20222021
Land and improvements$65,559 $65,559 
Buildings and improvements245,531 204,819 
Equipment580,001 575,920 
Computer software29,702 29,029 
Total920,793 875,327 
Accumulated depreciation462,193 418,382 
Net property and equipment$458,600 $456,945 
Components of basic and diluted weighted-average shares
The following table presents information about basic and diluted weighted-average shares outstanding:
 For the years ended December 31,
(in thousands)202220212020
Numerator (for basic and diluted earnings per share)
Income from continuing operations, net of tax$195,902 $115,899 $153,564 
Less income allocated to RSUs(3,662)(1,855)(3,711)
Less preferred stock dividends (50,305)(49,372)— 
Numerator for basic and diluted earnings per share$141,935 $64,672 $149,853 
Denominator
Basic weighted-average shares outstanding83,220 82,327 81,418 
Effect of dilutive securities4,126 5,652 413 
Diluted weighted-average shares outstanding87,346 87,979 81,831