Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $490.4M. Running result $490.4M. Core Advertising Revenue: $286.14M. Distribution Revenue: $163.92M. Other Revenue: $10.66M. Political Advertising Revenue: $29.68M.
- Cost of revenue: −$294.07M. Running result $196.33M.
- Gross profit: $196.33M. Running result $196.33M.
- Selling, general and administrative expenses, excluding depreciation and amortization: −$147.09M. Running result $49.25M.
- Restructuring costs: −$35.84M. Running result $13.41M.
- Depreciation: −$13.29M. Running result $119K.
- Amortization of intangible assets: −$21.77M. Running result −$21.66M.
- Impairment of goodwill and other intangible assets: −$1.14B. Running result −$1.16B.
- Losses (gains), net on disposal of property and equipment: $59K. Running result −$1.16B.
- Defined benefit pension plan expense: −$734K. Running result −$1.16B.
- Other operating costs: −$118K. Running result −$1.16B.
- Operating income: −$1.16B. Running result −$1.16B.
- Other expense: −$50.73M. Running result −$1.21B.
- Pre-tax loss: −$1.21B. Running result −$1.21B.
- Income tax benefit: $57.02M. Running result −$1.15B.
- Net loss: −$1.15B. Running result −$1.15B.
