CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands |
3 Months Ended |
Mar. 31, 2020 |
Mar. 31, 2019 |
| CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
| NET REVENUE |
$ 94,875
|
$ 98,449
|
| OPERATING EXPENSES: |
|
|
| Programming and technical, including stock-based compensation of $8 and $20, respectively |
27,870
|
31,537
|
| Selling, general and administrative, including stock-based compensation of $86 and $111, respectively |
29,463
|
33,678
|
| Corporate selling, general and administrative, including stock-based compensation of $299 and $380, respectively |
8,631
|
10,164
|
| Depreciation and amortization |
2,548
|
8,274
|
| Impairment of long-lived assets |
53,650
|
0
|
| Total operating expenses |
122,162
|
83,653
|
| Operating (loss) income |
(27,287)
|
14,796
|
| INTEREST INCOME |
8
|
23
|
| INTEREST EXPENSE |
19,138
|
20,830
|
| OTHER INCOME, net |
(1,504)
|
(1,721)
|
| Loss before provision for income taxes and noncontrolling interests in income of subsidiaries |
(44,913)
|
(4,290)
|
| BENEFIT FROM INCOME TAXES |
(21,855)
|
(1,311)
|
| CONSOLIDATED NET LOSS |
(23,058)
|
(2,979)
|
| NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS |
129
|
125
|
| CONSOLIDATED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
$ (23,187)
|
$ (3,104)
|
| BASIC AND DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
|
|
| Net loss attributable to common stockholders |
$ (0.51)
|
$ (0.07)
|
| WEIGHTED AVERAGE SHARES OUTSTANDING: |
|
|
| Basic and diluted |
45,228,164
|
45,001,767
|