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Quarterly Results of Operations (Tables) | 12 Months Ended
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Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract] |
Quarterly financial information | Quarterly Results of Operations (Unaudited)
|  | March 31, |  |  | June 30, |  | September 30, |  | December 31, |
|  | 2013 |  |  |  | 2012 |  |  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  |  | (In thousands, except per share data) |
Net operating revenue |  | $ | 28,957 |  |  | $ | 29,323 |  | $ | 33,832 |  | $ | 32,986 |  | $ | 32,929 |  | $ | 32,409 |  | $ | 33,760 |  | $ | 35,541 |
Station operating expenses |  |  | 22,088 |  |  |  | 22,360 |  |  | 23,493 |  |  | 21,959 |  |  | 23,598 |  |  | 22,379 |  |  | 23,798 |  |  | 23,590 |
Corporate G&A |  |  | 1,948 |  |  |  | 1,949 |  |  | 1,982 |  |  | 1,940 |  |  | 2,051 |  |  | 1,910 |  |  | 2,191 |  |  | 2,161 |
Impairment of intangible assets |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,033 |  |  | — |
Operating income from continuing operations |  |  | 4,921 |  |  |  | 5,014 |  |  | 8,357 |  |  | 9,087 |  |  | 7,280 |  |  | 8,120 |  |  | 5,738 |  |  | 9,790 |
Other (income) expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 358 |  |  |  | 528 |  |  | 357 |  |  | 458 |  |  | 308 |  |  | 381 |  |  | 282 |  |  | 366 |
Other |  |  | 25 |  |  |  | (2) |  |  | 66 |  |  | (8) |  |  | (144) |  |  | 145 |  |  | 2 |  |  | 144 |
Income from continuing operations before tax |  |  | 4,538 |  |  |  | 4,488 |  |  | 7,934 |  |  | 8,637 |  |  | 7,116 |  |  | 7,594 |  |  | 5,454 |  |  | 9,280 |
Income tax provision |  |  | 1,812 |  |  |  | 1,785 |  |  | 3,130 |  |  | 3,438 |  |  | 2,820 |  |  | 3,227 |  |  | 2,230 |  |  | 3,489 |
Income from continuing operations, net of tax |  |  | 2,726 |  |  |  | 2,703 |  |  | 4,804 |  |  | 5,199 |  |  | 4,296 |  |  | 4,367 |  |  | 3,224 |  |  | 5,791 |
Income (loss) from discontinued operations, net of tax |  |  | 223 |  |  |  | 2 |  |  | — |  |  | (67) |  |  | — |  |  | (39) |  |  | — |  |  | (31) |
Net income |  | $ | 2,949 |  |  | $ | 2,705 |  | $ | 4,804 |  | $ | 5,132 |  | $ | 4,296 |  | $ | 4,328 |  | $ | 3,224 |  | $ | 5,760 |
Basic earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From continuing operations |  | $ | .48 |  |  | $ | .48 |  | $ | .85 |  | $ | .92 |  | $ | .76 |  | $ | .77 |  | $ | .56 |  | $ | 1.02 |
From discontinued operations |  |  | .04 |  |  |  | — |  |  | — |  |  | (.01) |  |  | — |  |  | (.01) |  |  | — |  |  | — |
Earnings per share |  | $ | .52 |  |  | $ | .48 |  | $ | .85 |  | $ | .91 |  | $ | .76 |  | $ | .76 |  | $ | .56 |  | $ | 1.02 |
Weighted average common shares |  |  | 5,673 |  |  |  | 5,658 |  |  | 5,683 |  |  | 5,661 |  |  | 5,686 |  |  | 5,661 |  |  | 5,686 |  |  | 5,663 |
Diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From continuing operations |  | $ | .47 |  |  | $ | .48 |  | $ | .84 |  | $ | .92 |  | $ | .75 |  | $ | .77 |  | $ | .56 |  | $ | 1.02 |
From discontinued operations |  |  | .04 |  |  |  | — |  |  | — |  |  | (.01) |  |  | — |  |  | (.01) |  |  | — |  |  | (.01) |
Diluted earnings per share |  | $ | .51 |  |  | $ | .48 |  | $ | .84 |  | $ | .91 |  | $ | .75 |  | $ | .76 |  | $ | .56 |  | $ | 1.01 |
Weighted average common and common equivalent shares |  |  | 5,738 |  |  |  | 5,678 |  |  | 5,745 |  |  | 5,663 |  |  | 5,754 |  |  | 5,670 |  |  | 5,751 |  |  | 5,692 |

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 + Details
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