v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement Abstract    
NET REVENUES $ 96,103 $ 78,420
OPERATING EXPENSE:    
Station operating expenses, including non-cash compensation expense 71,715 59,367
Depreciation and amortization expense 2,447 1,955
Corporate general and administrative expenses, including non-cash compensation expense 7,598 6,279
Impairment loss 62 0
Merger and acquisition costs and restructuring charges 0 1,723
Net time brokerage agreement (income) fees 0 0
Net (gain) loss on sale or disposal of assets (464) (157)
Total operating expense 81,358 69,167
OPERATING INCOME (LOSS) 14,745 9,253
OTHER (INCOME) EXPENSE:    
Net interest expense 9,392 9,279
Net (gain) loss on extinguishment of debt 0 0
Net (gain) loss on derivative instruments 0 0
Net (gain) loss on investments 0 0
Other income 0 0
TOTAL OTHER EXPENSE 9,392 9,279
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 5,353 (26)
INCOME TAXES (BENEFIT) 941 67
NET INCOME (LOSS) 4,412 (93)
Preferred stock dividend (413) 0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 3,999 $ (93)
NET INCOME (LOSS) PER SHARE - BASIC    
NET INCOME (LOSS) PER SHARE - BASIC $ 0.1 $ 0
NET INCOME (LOSS) PER SHARE - DILUTED    
NET INCOME (LOSS) PER SHARE - DILUTED $ 0.1 $ 0
WEIGHTED AVERAGE SHARES:    
Basic 38,447,724 38,026,469
Diluted 39,259,540 38,026,469