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Segment Information
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Information
14.       
Segment Information
 
We evaluate the operating performance of our markets individually. For purposes of business segment reporting, we have aligned operations with similar characteristics into two business segments: Radio and Television.
 
The Radio segment includes twenty-three markets, which includes all ninety-two of our radio stations and one radio information network. The Television segment includes two markets and consists of four television stations and five low power television (“LPTV”) stations. The Radio and Television segments derive their revenue from the sale of commercial broadcast inventory. The category “Corporate general and administrative” represents the income and expense not allocated to reportable segments.
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
Radio
 
Television
 
and Other
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenue
 
$
113,627
 
$
20,371
 
$
—
 
$
133,998
 
Station operating expense
 
 
85,167
 
 
13,257
 
 
—
 
 
98,424
 
Corporate general and administrative
 
 
—
 
 
—
 
 
8,901
 
 
8,901
 
Other operating (income) expense
 
 
(1,210)
 
 
—
 
 
—
 
 
(1,210)
 
Impairment of intangible assets
 
 
1,936
 
 
—
 
 
—
 
 
1,936
 
Operating income (loss) from continuing operations
 
$
27,734
 
 
7,114
 
 
(8,901)
 
 
25,947
 
Depreciation and amortization
 
$
5,023
 
 
1,411
 
 
268
 
 
6,702
 
Capital additions
 
$
3,856
 
 
929
 
 
739
 
 
5,524
 
Broadcast licenses, net
 
$
77,155
 
 
9,607
 
 
—
 
 
86,762
 
Total assets at December 31, 2014
 
$
142,068
 
 
22,509
 
 
27,467
 
 
192,044
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
Radio
 
Television
 
and Other
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenue
 
$
109,818
 
$
19,660
 
$
—
 
$
129,478
 
Station operating expense
 
 
79,933
 
 
13,044
 
 
—
 
 
92,977
 
Corporate general and administrative
 
 
—
 
 
—
 
 
8,172
 
 
8,172
 
Impairment of intangible assets
 
 
2,033
 
 
—
 
 
—
 
 
2,033
 
Operating income (loss) from continuing operations
 
$
27,852
 
$
6,616
 
$
(8,172)
 
$
26,296
 
Depreciation and amortization
 
$
5,119
 
$
1,421
 
$
228
 
$
6,768
 
Capital additions
 
$
3,884
 
$
872
 
$
396
 
$
5,152
 
Broadcast licenses, net
 
$
78,872
 
$
9,588
 
$
—
 
$
88,460
 
Total assets at December 31, 2013
 
$
143,927
 
$
23,274
 
$
26,023
 
$
193,224
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
Radio
 
Television
 
and Other
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenue
 
$
111,763
 
$
18,496
 
$
—
 
$
130,259
 
Station operating expense
 
 
77,992
 
 
12,296
 
 
—
 
 
90,288
 
Corporate general and administrative
 
 
—
 
 
—
 
 
7,960
 
 
7,960
 
Operating income (loss) from continuing operations
 
$
33,771
 
$
6,200
 
$
(7,960)
 
$
32,011
 
Depreciation and amortization
 
$
5,222
 
$
1,411
 
$
225
 
$
6,858
 
Capital additions
 
$
3,786
 
$
977
 
$
46
 
$
4,809