v3.20.1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2020 | Mar. 31, 2019
Income Statement [Abstract] |  |
NET REVENUES | $ 297,030 | $ 309,005
OPERATING EXPENSE: |  |
Station operating expenses | 250,051 | 248,985
Depreciation and amortization expense | 12,498 | 11,104
Corporate general and administrative expenses | 17,237 | 20,935
Integration costs | 622 | 1,135
Restructuring charges | 4,209 | 1,014
Impairment loss | 1,050 | 0
Merger and acquisition costs | 0 | 9
Net time brokerage agreement (income) fees | 0 | 40
Net (gain) loss on sale or disposal of assets | 0 | (4,600)
Total operating expense | 285,667 | 278,622
OPERATING INCOME (LOSS) | 11,363 | 30,383
INTEREST EXPENSE | 23,621 | 25,220
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) | (12,258) | 5,163
INCOME TAX (BENEFIT) EXPENSE | (3,120) | 2,038
NET INCOME (LOSS) | $ (9,138) | $ 3,125
NET INCOME (LOSS) PER SHARE - BASIC (in dollars per share) | $ (0.07) | $ 0.02
NET INCOME (LOSS) PER SHARE - DILUTED (in dollars per share) | $ (0.07) | $ 0.02
WEIGHTED AVERAGE SHARES: |  |
Basic (in shares) | 134,890,401 | 138,099,180
Diluted (in shares) | 134,890,401 | 138,523,371

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