Consolidated Statements Of Operations - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
| Income Statement [Abstract] |
|
|
|
| Net revenue |
$ 1,168,679
|
$ 1,263,423
|
$ 1,026,138
|
| Operating expenses: |
|
|
|
| Content costs |
396,426
|
433,596
|
264,871
|
| Selling, general & administrative expenses |
477,327
|
470,441
|
403,381
|
| Depreciation and amortization |
102,105
|
115,275
|
112,511
|
| LMA fees |
10,129
|
7,195
|
3,716
|
| Corporate expenses (including stock-based compensation expense of $21,033, $17,638, and $10,804, respectively) |
73,403
|
76,428
|
59,830
|
| Loss (gain) on sale of assets or stations |
2,856
|
(1,342)
|
(3,685)
|
| Gain on derivative instrument |
0
|
0
|
(1,852)
|
| Impairment of intangible assets and goodwill |
565,584
|
0
|
0
|
| Impairment charges - equity interest in Pulser Media Inc. |
19,364
|
0
|
0
|
| Total operating expenses |
1,647,194
|
1,101,593
|
838,772
|
| Operating (loss) income |
(478,515)
|
161,830
|
187,366
|
| Non-operating (expense) income: |
|
|
|
| Interest expense |
(141,679)
|
(145,533)
|
(178,274)
|
| Interest income |
433
|
1,388
|
1,293
|
| Gain (loss) on early extinguishment of debt |
13,222
|
0
|
(34,934)
|
| Other income (expense), net |
14,205
|
4,338
|
(302)
|
| Total non-operating expense, net |
(113,819)
|
(139,807)
|
(212,217)
|
| (Loss) income from continuing operations before income taxes |
(592,334)
|
22,023
|
(24,851)
|
| Income tax benefit (expense) |
45,840
|
(10,254)
|
68,464
|
| (Loss) income from continuing operations |
(546,494)
|
11,769
|
43,613
|
| Income from discontinued operations, net of taxes |
0
|
0
|
132,470
|
| Net (loss) income |
(546,494)
|
11,769
|
176,083
|
| Less: dividends declared and accretion of redeemable preferred stock |
0
|
0
|
10,676
|
| (Loss) income attributable to common shareholders |
$ (546,494)
|
$ 11,769
|
$ 165,407
|
| Basic and diluted (loss) income per common share (see Note 14, “(Loss) Earnings Per Share”): |
|
|
|
| Basic: (Loss) income from continuing operations per share |
$ (2.34)
|
$ 0.05
|
$ 0.15
|
| Income from discontinued operations per share |
0.00
|
0.00
|
0.61
|
| (Loss) income per share |
(2.34)
|
0.05
|
0.76
|
| Diluted: (Loss) income from continuing operations per share |
(2.34)
|
0.05
|
0.15
|
| Income from discontinued operations per share |
0.00
|
0.00
|
0.60
|
| (Loss) income per share |
$ (2.34)
|
$ 0.05
|
$ 0.75
|
| Weighted average basic common shares outstanding |
233,415,441
|
226,142,456
|
183,642,883
|
| Weighted average diluted common shares outstanding |
233,415,441
|
228,963,158
|
186,844,575
|