| Schedule of reportable segments |
|
|
|
|
Three Months Ended June 30, |
|
|
|
|
2012 |
|
2011 |
|
|
|
|
Television |
|
Online |
|
Consolidated |
|
Television |
|
Online |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
61,601 |
|
$ |
34,735 |
|
$ |
96,336 |
|
$ |
62,718 |
|
$ |
5,134 |
|
$ |
67,852 |
|
|
Adjusted EBITDA |
|
25,442 |
|
4,980 |
|
30,422 |
|
30,402 |
|
757 |
|
31,159 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Acquisition and integration |
|
|
|
|
|
(2,707 |
) |
|
|
|
|
(3,195 |
) |
|
Share-based compensation |
|
|
|
|
|
(4,906 |
) |
|
|
|
|
(1,916 |
) |
|
Depreciation and amortization |
|
|
|
|
|
(13,632 |
) |
|
|
|
|
(7,534 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from operations |
|
|
|
|
|
$ |
9,177 |
|
|
|
|
|
$ |
18,514 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, |
|
|
|
|
2012 |
|
2011 |
|
|
|
|
Television |
|
Online |
|
Consolidated |
|
Television |
|
Online |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
123,432 |
|
$ |
65,753 |
|
$ |
189,185 |
|
$ |
121,897 |
|
$ |
9,465 |
|
$ |
131,362 |
|
|
Adjusted EBITDA |
|
54,580 |
|
5,407 |
|
59,987 |
|
60,077 |
|
657 |
|
60,734 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Acquisition and integration |
|
|
|
|
|
(4,177 |
) |
|
|
|
|
(3,205 |
) |
|
Share-based compensation |
|
|
|
|
|
(9,377 |
) |
|
|
|
|
(3,210 |
) |
|
Depreciation and amortization |
|
|
|
|
|
(26,861 |
) |
|
|
|
|
(14,384 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from operations |
|
|
|
|
|
$ |
19,572 |
|
|
|
|
|
$ |
39,935 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| | |
|