v3.3.1.900
Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
OPERATING REVENUES:        
Circulation $ 38,191 $ 43,982 $ 112,438 $ 127,003
Advertising 15,693 15,711 49,578 47,211
Other 1,260 452 11,168 10,741
Total operating revenues 55,144 60,145 173,184 184,955
OPERATING EXPENSES:        
Editorial 5,480 6,193 18,645 21,177
Production 12,475 14,784 42,256 51,329
Distribution, circulation and other costs 8,908 9,577 26,582 29,767
Selling, general and administrative 15,899 19,217 45,953 64,213
Depreciation and amortization 6,513 3,947 19,858 9,985
Impairment of goodwill and intangible assets 0 0 0 18,458
Total operating expenses 49,275 53,718 153,294 194,929
OPERATING INCOME (LOSS) 5,869 6,427 19,890 (9,974)
OTHER EXPENSES:        
Interest expense (9,608) (11,468) (29,308) (39,267)
Amortization of deferred debt costs (887) (487) (2,603) (2,544)
Other income (expense) 0 3,479 (39) 3,778
Total other expenses, net (10,495) (8,476) (31,950) (38,033)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (4,626) (2,049) (12,060) (48,007)
INCOME TAX BENEFIT (2,338) (12,405) (32,642) (17,552)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS (2,288) 10,356 20,582 (30,455)
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES 0 (403) 0 (407)
NET INCOME (LOSS) (2,288) 9,953 20,582 (30,862)
LESS: NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS (27) 7 (1,013) (1,208)
NET INCOME (LOSS) ATTRIBUTABLE TO AMERICAN MEDIA, INC. AND SUBSIDIARIES (2,315) 9,960 19,569 (32,070)
COMPREHENSIVE INCOME (LOSS)        
NET INCOME (LOSS) (2,288) 9,953 20,582 (30,862)
Foreign currency translation adjustment (37) (63) (38) (111)
Comprehensive income (loss) (2,325) 9,890 20,544 (30,973)
Less: comprehensive (income) loss attributable to noncontrolling interests (27) 7 (1,013) (1,208)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO AMERICAN MEDIA, INC. AND SUBSIDIARIES $ (2,352) $ 9,897 $ 19,531 $ (32,181)