Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Total revenue $ 60,469 $ 63,795
Operating expenses:    
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $63 and $7 for the three months ended March 31, 2018 and 2019, respectively, paid to related parties) 3,871 3,921
Depreciation 2,933 3,009
Amortization 1,296 1,478
Net (gain) loss on the disposition of assets 4,024 5
Operating expenses 61,453 58,124
Operating income (loss) (984) 5,671
Other income (expense):    
Interest income 1 2
Interest expense (4,425) (4,518)
Gain on early retirement of long-term debt 426  
Net miscellaneous income and expenses 1 75
Net income (loss) before income taxes (4,981) 1,230
Provision for (benefit from) income taxes (5,303) 402
Net income $ 322 $ 828
Basic earnings per share data:    
Basic earnings per share Class A and Class B common stock $ 0.01 $ 0.03
Diluted earnings per share data:    
Diluted earnings per share Class A and Class B common stock $ 0.01 $ 0.03
Basic weighted average Class A and Class B shares outstanding 26,186,112 26,171,539
Diluted weighted average Class A and Class B shares outstanding 26,193,307 26,304,891
Broadcast [Member]    
Total revenue $ 46,093 $ 48,050
Operating expenses:    
Operating expenses 36,449 35,750
Digital Media [Member]    
Total revenue 10,240 10,394
Operating expenses:    
Operating expenses 8,058 8,374
Publishing [Member]    
Total revenue 4,136 5,351
Operating expenses:    
Operating expenses $ 4,822 $ 5,587