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v3.7.0.1

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Net operating revenue | $ 142,591 | $ 132,856 | $ 133,998
Operating expenses (income): |  |  |
Station operating expense | 101,542 | 97,268 | 98,424
Corporate general and administrative | 10,980 | 10,091 | 8,901
Other operating expense (income), net | (1,393) | 541 | (1,210)
Impairment of intangible assets | 0 | 874 | 1,936
Operating Expenses, Total | 111,129 | 108,774 | 108,051
Operating income | 31,462 | 24,082 | 25,947
Other (income) expenses: |  |  |
Interest expense | 776 | 888 | 1,064
Write-off of debt issuance costs | 0 | 557 | 0
Other income | 0 | (417) | (71)
Income before income tax | 30,686 | 23,054 | 24,954
Income tax provision: |  |  |
Current | 9,340 | 6,000 | 6,665
Deferred | 3,160 | 3,640 | 3,385
Income tax provision | 12,500 | 9,640 | 10,050
Net income | $ 18,186 | $ 13,414 | $ 14,904
Basic earnings per share | $ 3.10 | $ 2.31 | $ 2.57
Weighted average common shares | 5,761 | 5,706 | 5,700
Diluted earnings per share | $ 3.09 | $ 2.29 | $ 2.55
Weighted average common and common equivalent shares | 5,771 | 5,740 | 5,753
Diluted earnings per share |  |  |
Dividends declared per share | $ 1.30 | $ 1.10 | $ 1.80

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