Segment Information
 12 Months Ended
Dec. 31, 2012
Segment Information  
Segment Information

15. Segment Information

        Our two reportable segments consist of television and online. The television segment revenues are principally derived from delivering advertisements, syndicated programs, and video news releases from advertising agencies and other content providers to traditional broadcasters and other media outlets. The online segment revenues are principally derived from online advertising and related services. We use Segment Adjusted EBITDA before corporate overhead as our measure of segment profit. Segment Adjusted EBITDA before corporate overhead reflects income from operations before corporate overhead, acquisition and integration expenses, share-based compensation expense, depreciation and amortization, and goodwill impairment charges. We do not disclose assets by reportable segment since some of our assets are commingled. Our reportable segments are as follows (in thousands):

 
   2012  
 
   Television   Online   Consolidated  

Revenues

   $ 245,961   $ 140,652   $ 386,613  

Segment Adjusted EBITDA before corporate overhead

    
129,645		    
22,642		    
152,287		  

Less corporate overhead

                 (26,588 )
                   

Adjusted EBITDA

                 125,699  

Less:

                    

Acquisition and integration

                 (8,513 )

Share-based compensation

                 (17,470 )

Depreciation and amortization

                 (57,300 )

Goodwill impairment

                 (219,593 )
                   

Loss from operations

               $ (177,177 )
                   

 

 
   2011  
 
   Television   Online   Consolidated  

Revenues

   $ 246,780   $ 77,477   $ 324,257  

Segment Adjusted EBITDA before corporate overhead

    
138,299		    
15,043		    
153,342		  

Less corporate overhead

                 (18,748 )
                   

Adjusted EBITDA

                 134,594  

Less:

                    

Acquisition and integration

                 (15,119 )

Share-based compensation

                 (12,430 )

Depreciation and amortization

                 (38,736 )
                   

Income from operations

               $ 68,309  
                   

 

 
   2010  
 
   Television   Online   Consolidated  

Revenues

   $ 222,894   $ 18,434   $ 241,328  

Segment Adjusted EBITDA before corporate overhead

    
133,398		    
1,338		    
134,736		  

Less corporate overhead

                 (18,588 )
                   

Adjusted EBITDA

                 116,148  

Less:

                    

Acquisition and integration

                 (269 )

Share-based compensation

                 (4,805 )

Depreciation and amortization

                 (29,236 )
                   

Income from operations

               $ 81,838