v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement Abstract    
Revenues $ 309,005 $ 300,560
OPERATING EXPENSE:    
Station operating expenses, including non-cash compensation expense 248,985 255,725
Depreciation and amortization expense 11,104 8,471
Corporate general and administrative expenses, including non-cash compensation expense 20,935 18,669
Integration Costs 1,135 9,729
Restructuring Charges 1,014 1,481
Merger and acquisition costs and restructuring charges 9 1,383
Net time brokerage agreement (income) fees 40 (426)
Net (gain) loss on sale or disposal of assets (4,600) (161)
Total operating expense 278,622 294,871
OPERATING INCOME (LOSS) 30,383 5,689
OTHER (INCOME) EXPENSE:    
Net interest expense 25,220 23,404
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 5,163 (17,715)
INCOME TAXES (BENEFIT) 2,038 (3,509)
INCOME (LOSS) FROM CONTINUING OPERATIONS 0 0
Preferred stock dividend 0 0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS 3,125 (14,206)
Income Loss From Discontinued Operations Net Of Tax 0 328
NET INCOME (LOSS) $ 3,125 $ (13,878)
NET INCOME (LOSS) PER SHARE - BASIC    
Income (loss) from continuing operations $ 0.02 $ (0.1)
Income (loss) from discontinued operations, net of income (taxes) benefit 0 0
NET INCOME (LOSS) PER SHARE - BASIC 0.02 (0.1)
NET INCOME (LOSS) PER SHARE - DILUTED    
NET INCOME (LOSS) PER SHARE - DILUTED $ 0.02 $ (0.1)
WEIGHTED AVERAGE SHARES:    
Basic 138,099,180 138,939,309
Diluted 138,523,371 138,939,309