v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands |
12 Months Ended |
|
|
|
Net revenue: |
|
|
|
Total net revenue |
$ 297,815
|
$ 536,034
|
$ 258,514
|
Expenses: |
|
|
|
Direct operating expenses (including related parties of $9,254, $9,494, and $10,302) (including non-cash stock-based compensation of $732, $1,236, and $1,330) |
125,242
|
119,283
|
113,439
|
Selling, general and administrative expenses |
51,535
|
49,116
|
46,798
|
Corporate expenses (including non-cash stock-based compensation of $5,055, $4,855, and $3,705) |
26,865
|
27,937
|
24,543
|
Depreciation and amortization (includes direct operating of $10,272, $8,861, and $9,206; selling, general and administrative of $5,450, $6,347, and $4,735; and corporate of $551, $1,203 and $1,401) (including related parties of $1,228, $2,043, and $2,320) |
16,273
|
16,411
|
15,342
|
Change in fair value contingent consideration |
(1,202)
|
|
|
Foreign currency (gain) loss |
1,616
|
350
|
|
Other operating (gain) loss |
(1,187)
|
(262)
|
|
Total expenses |
264,238
|
258,173
|
209,658
|
Operating income |
33,577
|
277,861
|
48,856
|
Interest expense |
(15,743)
|
(16,709)
|
(15,469)
|
Interest income |
3,973
|
774
|
300
|
Dividend income |
1,475
|
|
|
Gain (loss) on debt extinguishment |
(550)
|
(3,306)
|
(161)
|
Impairment loss on investment |
(1,320)
|
|
|
Income (loss) before income taxes |
21,412
|
258,620
|
33,526
|
Income tax (expense) benefit |
(7,877)
|
(82,612)
|
(13,121)
|
Income (loss) before equity in net income (loss) of nonconsolidated affiliate |
13,535
|
176,008
|
20,405
|
Equity in net income (loss) of nonconsolidated affiliate |
(1,374)
|
(310)
|
|
Net income |
$ 12,161
|
$ 175,698
|
$ 20,405
|
Basic and diluted earnings per share: |
|
|
|
Net income per share, basic |
$ 0.14
|
$ 1.95
|
$ 0.23
|
Net income per share, diluted |
0.13
|
1.91
|
0.22
|
Cash dividends declared per common share, basic |
0.20
|
0.16
|
0.13
|
Cash dividends declared per common share, diluted |
$ 0.20
|
$ 0.16
|
$ 0.12
|
Weighted average common shares outstanding, basic |
89,115,997
|
90,272,257
|
89,340,589
|
Weighted average common shares outstanding, diluted |
90,328,583
|
91,891,957
|
91,303,056
|
Television |
|
|
|
Expenses: |
|
|
|
Direct operating expenses (including related parties of $9,254, $9,494, and $10,302) (including non-cash stock-based compensation of $732, $1,236, and $1,330) |
$ 62,434
|
$ 59,454
|
$ 62,020
|
Selling, general and administrative expenses |
21,864
|
22,276
|
21,591
|
Depreciation and amortization (includes direct operating of $10,272, $8,861, and $9,206; selling, general and administrative of $5,450, $6,347, and $4,735; and corporate of $551, $1,203 and $1,401) (including related parties of $1,228, $2,043, and $2,320) |
9,024
|
9,760
|
10,659
|
Digital Media |
|
|
|
Expenses: |
|
|
|
Cost of revenue |
45,096
|
32,998
|
9,536
|
Direct operating expenses (including related parties of $9,254, $9,494, and $10,302) (including non-cash stock-based compensation of $732, $1,236, and $1,330) |
21,521
|
15,257
|
6,470
|
Selling, general and administrative expenses |
11,590
|
8,097
|
4,766
|
Depreciation and amortization (includes direct operating of $10,272, $8,861, and $9,206; selling, general and administrative of $5,450, $6,347, and $4,735; and corporate of $551, $1,203 and $1,401) (including related parties of $1,228, $2,043, and $2,320) |
4,759
|
3,978
|
1,414
|
Advertising and Retransmission Consent |
|
|
|
Net revenue: |
|
|
|
Total net revenue |
294,839
|
272,091
|
258,514
|
Advertising and Retransmission Consent | Television |
|
|
|
Net revenue: |
|
|
|
Total net revenue |
149,935
|
148,059
|
159,523
|
Advertising and Retransmission Consent | Digital Media |
|
|
|
Net revenue: |
|
|
|
Total net revenue |
80,982
|
57,098
|
$ 23,144
|
Spectrum Usage Rights |
|
|
|
Net revenue: |
|
|
|
Total net revenue |
$ 2,976
|
263,943
|
|
Spectrum Usage Rights | Television |
|
|
|
Expenses: |
|
|
|
Cost of revenue |
|
$ 12,340
|
|
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