Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Net broadcast revenue $ 46,539salm_NetBroadcastRevenue $ 46,769salm_NetBroadcastRevenue
Net digital media revenue 10,791salm_NetDigitalRevenue 11,312salm_NetDigitalRevenue
Net publishing revenue 4,526salm_NetPublishingRevenue 4,263salm_NetPublishingRevenue
Total net revenue 61,856us-gaap_SalesRevenueNet 62,344us-gaap_SalesRevenueNet
Operating expenses:    
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $359 and $361 for the three months ended March 31, 2014 and 2015, respectively, paid to related parties) 33,917salm_BroadcastExpensesNet 33,346salm_BroadcastExpensesNet
Digital media operating expenses, exclusive of depreciation and amortization shown below 9,000salm_DigitalExpensesNet 8,850salm_DigitalExpensesNet
Publishing operating expenses exclusive of depreciation and amortization shown below 4,497salm_PublishingExpensesNet 5,006salm_PublishingExpensesNet
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $164 and $33 for the three months ended March 31, 2014 and 2015, respectively, paid to related parties) 3,991us-gaap_GeneralAndAdministrativeExpense 5,064us-gaap_GeneralAndAdministrativeExpense
Depreciation 3,172us-gaap_CostOfServicesDepreciation 3,129us-gaap_CostOfServicesDepreciation
Amortization 1,329us-gaap_CostOfServicesAmortization 1,608us-gaap_CostOfServicesAmortization
Change in the estimated fair value of contingent earn-out consideration 118us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 127us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
(Gain) loss on the sale or disposal of assets 129us-gaap_GainLossOnDispositionOfAssets (117)us-gaap_GainLossOnDispositionOfAssets
Total operating expenses 56,153us-gaap_CostsAndExpenses 57,013us-gaap_CostsAndExpenses
Operating income 5,703us-gaap_OperatingIncomeLoss 5,331us-gaap_OperatingIncomeLoss
Other income (expense):    
Interest income 1us-gaap_InvestmentIncomeInterest 15us-gaap_InvestmentIncomeInterest
Interest expense (3,804)us-gaap_InterestExpense (3,779)us-gaap_InterestExpense
Change in the fair value of interest rate swap (1,420)us-gaap_UnrealizedGainLossOnDerivatives (1,096)us-gaap_UnrealizedGainLossOnDerivatives
Loss on early retirement of long-term debt (41)us-gaap_GainsLossesOnExtinguishmentOfDebt (8)us-gaap_GainsLossesOnExtinguishmentOfDebt
Net miscellaneous income and expenses 7us-gaap_OtherNonoperatingIncomeExpense 66us-gaap_OtherNonoperatingIncomeExpense
Income from operations before income taxes 446us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 529us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 151us-gaap_IncomeTaxExpenseBenefit 98us-gaap_IncomeTaxExpenseBenefit
Net income $ 295us-gaap_NetIncomeLoss $ 431us-gaap_NetIncomeLoss
Basic earnings per share data:    
Basic earnings per share $ 0.01us-gaap_EarningsPerShareBasic $ 0.02us-gaap_EarningsPerShareBasic
Diluted earnings per share data:    
Diluted earnings per share $ 0.01us-gaap_EarningsPerShareDiluted $ 0.02us-gaap_EarningsPerShareDiluted
Distributions per share $ 0.06us-gaap_CommonStockDividendsPerShareCashPaid $ 0.06us-gaap_CommonStockDividendsPerShareCashPaid
Basic weighted average shares outstanding 25,346,499us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 25,064,982us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted weighted average shares outstanding 25,921,118us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 25,881,811us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding