v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement Abstract      
NET REVENUES $ 388,924 $ 382,727 $ 391,447
OPERATING EXPENSE:      
Station operating expenses, including non-cash compensation expense 252,934 263,420 258,896
Depreciation and amortization expense 10,839 11,276 12,660
Corporate general and administrative expenses, including non-cash compensation expense 25,874 26,609 21,954
Impairment loss 22,307 0 0
Merger and acquisition costs 0 1,542 0
Net time brokerage agreement (income) fees 238 244 0
Net (gain) loss on sale or disposal of assets 138 163 228
Total operating expense 312,330 303,254 293,738
OPERATING INCOME (LOSS) 76,594 79,473 97,709
OTHER (INCOME) EXPENSE:      
Net interest expense 53,446 24,919 30,491
Net (gain) loss on extinguishment of debt 747 1,144 62
Net (gain) loss on derivative instruments (1,346) 1,346 0
Net (gain) loss on investments 123 30 174
Other income (118) (32) (49)
TOTAL OTHER EXPENSE 52,852 27,407 30,678
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 23,742 52,066 67,031
INCOME TAXES (BENEFIT) 12,474 (14,211) 20,595
NET INCOME (LOSS) $ 11,268 $ 66,277 $ 46,436
NET INCOME (LOSS) PER SHARE - BASIC      
NET INCOME (LOSS) PER SHARE - BASIC $ 0.31 $ 1.82 $ 1.30
NET INCOME (LOSS) PER SHARE - DILUTED      
NET INCOME (LOSS) PER SHARE - DILUTED $ 0.30 $ 1.76 $ 1.23
WEIGHTED AVERAGE SHARES:      
Basic 36,906,468 36,369,410 35,712,026
Diluted 37,809,646 37,763,965 37,679,386