XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS    
NET REVENUE $ 109,869 $ 112,131
OPERATING EXPENSES:    
Programming and technical, including stock-based compensation of $63 and $0, respectively 33,917 28,518
Selling, general and administrative, including stock-based compensation of $159 and $0, respectively 36,874 35,210
Corporate selling, general and administrative, including stock-based compensation of $3,056 and $124, respectively 11,586 9,537
Depreciation and amortization 2,597 2,405
Impairment of goodwill, intangible assets, and long-lived assets 16,775  
Total operating expenses 101,749 75,670
Operating income 8,120 36,461
INTEREST INCOME 333 59
INTEREST EXPENSE 14,068 15,927
GAIN ON RETIREMENT OF DEBT 2,356  
OTHER (EXPENSE) INCOME, NET (312) 1,986
Income (loss) before (benefit from) provision for income taxes and noncontrolling interests in income of subsidiaries (3,571) 22,579
(BENEFIT FROM) PROVISION FOR INCOME TAXES (1,160) 5,465
NET (LOSS) INCOME (2,411) 17,114
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 511 626
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (2,922) $ 16,488
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS (per share)    
Basic (in dollars per share) $ (0.06) $ 0.32
Diluted (in dollars per share) $ (0.06) $ 0.30
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic (in shares) 47,420,832 51,182,831
Diluted (in shares) 47,420,832 55,097,781