Entercom Communications Corp. ETM Income Statement

Entercom communications corp. (ETM)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
NET REVENUES
1,489,929	1,462,567	592,884	464,771	414,481	379,789	377,618	388,924	382,727	391,447	372,432
OPERATING EXPENSE:
Station operating expenses
1,086,617	1,099,278	443,512	323,270	290,814	259,184	252,596	252,934	264,195	258,896	254,042
Depreciation and amortization expense
45,331	44,288	15,546	9,793	8,419	7,794	8,545	10,839	11,276	12,660	16,600
Corporate general and administrative expenses
84,304	69,492	47,859	33,328	26,479	26,572	24,381	25,874	26,609	21,954	22,875
Integration costs
4,300	25,400	0	-	-	-	-	-	-	-	-
Restructuring charges
6,976	5,830	16,922	-	-	-	-	-	-	-	-
Impairment loss
545,457	493,988	952	254	0	0	850	22,307	0	0	67,676
Merger and acquisition costs
941	3,014	41,313	708	3,978	1,042	0	0	767	0	0
Other expenses related to financing
4,397	0	2,213	565	0	0	-	-	-	-	-
RestructuringChargesAndTransitionServices
-	-	-	0	2,858	-	-	-	-	-	-
Net time brokerage agreement (income) fees
106	-918	130	417	-1,285	0	0	238	244	0	-2
Net (gain) loss on sale or disposal of assets
7,640	12,158	-11,853	1,621	2,364	379	1,321	-138	-163	-228	-420
Total operating expense
1,770,786	1,728,186	580,300	366,714	328,899	294,213	285,051	312,330	303,254	293,738	361,611
OPERATING INCOME (LOSS)
-280,857	-265,619	12,584	98,057	85,582	85,576	92,567	76,594	79,473	97,709	10,821
INTEREST EXPENSE
100,103	101,121	32,521	36,639	37,961	38,821	44,232	53,446	24,919	30,491	31,171
Investment Income Interest And Dividend
-	-	-	-	-	-	0	0	-	-	-
Net loss on extinguishment of debt
-2,046	0	-4,135	-10,858	0	0	0	-747	-1,144	-62	20,805
Gain Loss On Derivative Instruments Net Pretax
-	-	-	-	-	-	0	1,346	-1,346	0	0
Net (gain) loss on investments
-	-	-	0	0	-21	0	-123	-30	-174	-966
Other income
-	-	-	2,299	0	0	165	118	32	49	380
OTHER (INCOME) EXPENSE
-2,046	0	-4,135	-8,559	0	-21	-44,067	-52,852	-27,407	-30,678	-10,952
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT)
-383,006	-366,740	-24,072	52,859	47,621	46,734	48,500	23,742	52,066	67,031	-131
INCOME TAX (BENEFIT) EXPENSE
37,206	-4,153	-257,085	14,794	18,437	19,911	22,476	12,474	-18,988	20,595	-5,529
NET INCOME (LOSS)
-420,212	-362,587	233,013	38,065	29,184	-	-	-	-	-	-
Preferred stock dividend
0	0	2,015	1,901	752	0	0	-	-	-	-
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS - CONTINUING OPERATIONS
-420,212	-362,587	230,998	36,164	28,432	26,823	26,024	-	-	-	-
Income from discontinued operations, net of income taxes (benefit)
0	1,152	836	0	0	-	-	-	-	-	-
NET INCOME (LOSS)
-420,212	-361,435	231,834	38,065	29,184	26,823	26,024	11,268	71,054	46,436	5,398
Earnings Per Share, Basic [Abstract]
Net income (loss) from continuing operations per share available to common shareholders - Basic (in dollars per share)
-3.07	-2.63	4.49	0.94	0.75	-	-	-	-	-	-
Net income (loss) from discontinued operations per share available to common shareholders - Basic (in dollars per share)
0.00	0.01	0.02	0.00	0.00	-	-	-	-	-	-
NET INCOME (LOSS) PER SHARE - BASIC (in dollars per share)
-3.07	-2.62	4.51	0.94	0.75	0.71	0.70	0.31	1.95	1.30	0.15
Earnings Per Share, Diluted [Abstract]
Net income (loss) from continuing operations per share available to common shareholders - Diluted (in dollars per share)
-3.07	-2.63	4.37	0.91	0.73	-	-	-	-	-	-
Net income (loss) from discontinued operations per share available to common shareholders - Diluted (in dollars per share)
0.00	0.01	0.02	0.00	0.00	-	-	-	-	-	-
NET INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)
-3.07	-2.62	4.38	0.91	0.73	0.69	0.68	0.30	1.88	1.23	0.15
Common Stock Dividends Per Share Cash Paid
-	-	-	0.22	0.00	-	-	-	-	-	-
WEIGHTED AVERAGE SHARES:
Basic (in shares)
136,967	138,069	51,392	38,500	38,083	37,763	37,417	36,906	36,369	35,712	35,321
Diluted (in shares)
136,967	138,069	52,885	39,568	39,037	38,664	38,301	37,809	37,763	37,679	36,402