The e.w. scripps company (SSP)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Operating Revenues:
Subscriptions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,299

-

28,184

28,096

30,471

29,632

27,801

28,642

31,625

30,672

28,606

29,734

31,557

28,780

29,698

Total operating revenues

430,906

444,401

349,777

337,495

292,163

368,113

302,726

283,395

254,191

261,746

200,509

216,242

198,475

204,096

233,040

227,817

209,498

143,327

189,691

198,134

123,023

52,136

123,126

119,696

203,794

-163,684

189,535

207,853

198,653

259,753

219,644

216,934

207,127

197,397

167,871

183,034

180,358

183,587

188,785

Costs and Expenses:
Employee compensation and benefits

149,919

148,550

124,667

115,602

110,203

104,340

96,129

95,071

98,489

96,194

88,626

87,990

94,925

63,654

91,568

92,463

95,885

68,648

88,296

91,118

68,362

28,769

64,713

62,639

101,749

-66,765

95,581

96,129

100,699

102,012

96,366

97,152

100,711

91,004

82,038

85,101

90,035

88,609

85,688

Programming

144,969

136,386

113,998

102,870

97,995

92,131

90,832

84,427

83,363

78,552

52,152

49,178

48,723

42,713

45,833

43,503

40,568

23,328

36,318

31,387

21,132

12,536

16,181

13,802

12,968

13,494

14,318

13,218

12,796

13,224

14,605

14,499

14,455

11,582

15,136

15,519

15,476

15,274

15,149

Newsprint, press supplies and other printing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,038

-

10,614

11,407

12,944

13,165

11,658

12,678

13,765

13,821

12,026

12,438

12,941

11,795

11,338

Newspaper distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,916

-

11,623

11,941

12,273

12,754

12,092

12,320

13,213

-

-

-

-

-

-

Other expenses

87,080

87,272

71,621

72,725

61,442

70,534

59,148

63,782

53,023

52,177

45,999

46,927

40,766

27,975

49,791

50,284

45,747

34,414

42,166

43,611

29,260

6,301

26,431

32,695

49,748

-35,465

49,502

51,246

48,881

54,739

50,035

48,929

47,599

3,906

53,266

58,568

58,283

52,786

58,079

Pension expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,158

1,571

1,572

-

-

Acquisition and related integration costs

4,910

3,300

16,736

2,788

3,480

3,792

332

0

0

-

0

-

-

0

0

0

578

1,035

4,206

29,973

2,774

2,724

2,783

3,939

262

0

0

0

0

0

0

0

5,826

-

-

-

-

-

-

Restructuring costs

0

1,448

27

957

938

1,911

863

2,330

3,807

2,015

2,407

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

1,290

1,425

976

2,915

2,354

2,355

1,711

3,406

2,614

1,822

2,093

3,206

3,720

Total costs and expenses

386,878

376,956

327,049

294,942

274,058

281,628

247,304

245,610

238,682

228,938

189,184

184,095

184,414

134,342

187,192

186,250

182,778

117,643

173,962

200,209

124,214

27,737

111,721

114,394

190,059

-162,147

185,418

187,935

190,538

201,674

189,090

189,752

199,236

180,431

167,238

175,019

180,400

171,670

173,974

Depreciation, Amortization, and (Gains) Losses:
Depreciation

13,528

11,719

10,020

9,995

8,975

10,025

8,627

7,890

8,099

8,561

8,547

8,550

8,391

6,483

8,407

8,928

8,656

6,929

11,092

8,604

6,187

2,198

6,528

5,634

9,808

-6,353

10,360

10,035

10,102

10,537

10,359

10,832

10,530

9,273

9,733

9,712

10,104

10,385

11,215

Amortization of intangible assets

14,387

14,997

12,221

10,242

8,817

7,562

6,971

7,492

7,321

6,365

5,228

5,231

5,470

4,632

6,485

5,858

5,755

4,928

5,181

4,762

2,108

2,109

2,178

1,804

1,921

1,191

1,736

1,739

1,712

1,750

1,777

1,771

1,776

295

319

317

316

339

362

Asset Impairment Charges

-

-

-

-

-

-

-

-

-

-

35,732

-

-

-

0

-

-

-

24,613

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gains) losses, net on disposal of property and equipment

-1,433

1,998

11

-144

-173

-1,105

501

66

-717

7

-114

-15

-47

-436

-26

-22

4

274

-200

-215

-164

-26

2,979

-13

-68

-156

-177

42

-5

-424

-80

-212

242

-110

476

-205

-37

-525

-22

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,000

-

-

-

-

Net depreciation, amortization, and (gains) losses

29,348

24,718

22,230

20,381

17,965

18,692

15,097

15,316

16,137

14,919

49,621

13,796

13,908

11,551

14,918

14,808

14,407

11,583

41,086

13,581

8,459

4,333

5,727

7,451

11,797

-5,006

12,273

11,732

11,819

12,711

12,216

12,815

12,064

9,678

18,576

10,234

10,457

11,249

11,599

Operating income

14,680

42,727

498

22,172

140

67,793

40,325

22,469

-628

17,889

-38,296

18,351

153

58,203

30,930

26,759

12,313

14,101

-25,357

-15,656

-9,650

20,066

5,678

-2,149

1,938

3,469

-8,156

8,186

-3,704

45,368

18,338

14,367

-4,173

7,288

-17,943

-2,219

-10,499

668

3,212

Interest expense

25,798

27,120

26,537

18,023

8,916

9,143

9,003

9,279

8,759

8,534

5,720

8,248

4,195

4,436

4,592

4,432

4,579

4,576

4,246

4,225

2,052

2,149

2,050

2,041

2,254

2,513

2,655

2,656

2,613

2,593

3,288

3,211

3,154

473

362

412

393

741

845

Defined benefit pension plan expense

1,026

1,746

2,071

1,564

1,572

13,446

3,529

1,389

1,388

3,627

3,551

3,467

3,467

3,828

3,605

3,449

3,450

48,892

2,976

4,120

2,686

1,361

1,613

1,319

1,378

1,082

2,490

2,569

1,969

2,865

1,980

1,819

1,956

-

-

-

-

-

-

Miscellaneous, net

1,114

-474

2,042

369

-800

687

-546

-156

167

5,225

1,187

5,103

-879

-1,401

-596

-458

-191

-1,433

1,061

387

-1,436

-7,181

170

-237

-445

-7,325

-1,087

-1,634

-1,304

-2,295

-900

-1,435

-117

-53

110

-43

-689

39

1,298

Loss from operations before income taxes

-11,030

13,387

-26,068

2,954

-11,148

45,891

27,247

11,645

-10,608

10,953

-46,380

11,739

-8,388

48,538

22,137

18,420

4,093

-50,582

-28,542

-19,494

-13,138

10,736

3,798

-4,427

-761

-6,369

-11,898

3,896

-7,621

40,480

14,150

9,721

-7,444

6,762

-18,195

-2,674

-11,581

-34

3,665

Provision (benefit) for income taxes

779

2,822

-4,305

3,320

-4,334

9,938

7,208

2,983

-2,031

-507

-18,776

4,884

-5,655

17,514

9,615

6,932

-795

-22,223

-4,099

-6,539

-5,023

-1,126

2,755

-1,591

-149

-4,621

-3,047

711

-4,950

13,561

2,148

4,305

-3,029

620

-7,473

-462

-2,686

-5,459

1,817

Income (loss) from continuing operations, net of tax

-

-

-21,763

-366

-

35,953

20,039

8,662

-8,577

11,460

-27,604

6,855

-2,733

-

-

-

-

-28,359

-24,443

-12,955

-8,115

-

1,043

-2,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-

-

0

0

-

-13,974

-908

-2,942

-18,504

-5,999

920

1,690

794

-

-

-

-

6,828

0

-18,448

3,015

-

-2,384

-399

-

-

-

-

-

-

-

-

-

-

-

-

-

820

97,659

Net loss

-11,809

10,565

-21,763

-366

-6,814

21,979

19,131

5,720

-27,081

5,461

-26,684

8,545

-1,939

-

12,522

11,488

-

-

-

-

-

-

-

-

-612

-

-8,851

3,185

-2,671

26,919

12,002

5,416

-4,415

6,142

-10,722

-2,212

-8,895

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-612

-

-8,851

3,185

-2,671

-

12,002

5,416

-4,415

-

-

-

-

5,425

1,848

Net Income (Loss) Attributable to Noncontrolling Interest

-

-

166

0

-

0

0

0

-632

-1,511

0

0

0

-

0

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-266

0

0

0

-150

0

0

0

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-

-

-21,929

-366

-

21,979

19,131

5,720

-26,449

6,972

-26,684

8,545

-1,939

-

12,522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,888

-

-24,443

-31,403

-5,100

-

-1,341

-3,235

-

-

-

-

-

-

-

-

-

6,292

-10,722

-2,212

-8,895

6,245

99,507

Net income (loss) per basic share of common stock attributable to the shareholders of The E.W. Scripps Company:
Income (loss) from continuing operations, per basic share

-

-

-0.27

-0.01

-

0.44

0.24

0.10

-0.10

0.16

-0.34

0.08

-0.03

-

-

-

-

-0.37

-0.29

-0.15

-0.14

-

0.02

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

0.08

0.03

Loss from discontinued operations, per basic share

-

-

0.00

0.00

-

-0.17

-0.01

-0.04

-0.23

-0.07

0.01

0.02

0.01

-

-

-

-

0.06

0.00

-0.22

0.05

-

-0.04

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

1.53

Net loss per basic share of common stock

-0.15

0.13

-0.27

-0.01

-0.08

0.29

0.23

0.06

-0.33

0.08

-0.32

0.10

-0.02

0.45

0.15

0.14

0.06

-0.31

-0.29

-0.37

-0.09

0.27

-0.02

-0.06

-0.01

0.15

-0.16

0.05

-0.05

0.48

0.21

0.09

-0.08

0.11

-0.19

-0.04

-0.15

0.10

1.56

Net income (loss) per diluted share of common stock attributable to the shareholders of The E.W. Scripps Company:
Income (loss) from continuing operations, per diluted share

-

-

-0.27

-0.01

-

0.44

0.24

0.10

-0.10

0.16

-0.34

0.08

-0.03

-

-

-

-

-0.37

-0.29

-0.15

-0.14

-

0.02

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

0.08

0.03

Loss from discontinued operations, per diluted share

-

-

0.00

0.00

-

-0.17

-0.01

-0.04

-0.23

-0.07

0.01

0.02

0.01

-

-

-

-

0.06

0.00

-0.22

0.05

-

-0.04

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

1.52

Net loss per diluted share of common stock

-0.15

0.13

-0.27

-0.01

-0.08

0.28

0.23

0.06

-0.33

0.08

-0.32

0.10

-0.02

0.46

0.15

0.13

0.06

-0.31

-0.29

-0.37

-0.09

0.27

-0.02

-0.06

-0.01

0.15

-0.16

0.05

-0.05

0.47

0.21

0.09

-0.08

0.11

-0.19

-0.04

-0.15

0.10

1.55

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic

-

-

-

-

-

80,669

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

-

-

81,348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising
Total operating revenues

259,714

296,031

220,018

212,602

174,241

267,131

205,605

194,176

169,137

181,556

124,925

137,502

119,896

128,816

170,169

163,444

146,319

100,158

144,983

154,372

89,733

70,052

103,700

101,024

146,770

-75,658

141,139

158,105

147,147

211,663

175,029

168,869

155,583

152,255

126,647

138,748

132,655

142,783

144,258

Retransmission and carriage
Total operating revenues

138,950

112,307

97,128

93,325

87,283

79,011

79,673

74,658

71,060

63,709

63,733

66,059

66,211

60,542

53,134

53,433

53,614

35,871

36,287

36,495

27,918

15,776

15,235

12,700

12,474

11,160

10,403

10,500

10,442

-

-

-

-

-

-

-

-

-

-

Other Revenue [Member]
Total operating revenues

32,242

36,063

32,631

31,568

30,639

21,971

17,448

14,561

13,994

16,481

11,851

12,681

12,368

14,738

9,737

10,940

9,565

7,298

8,421

7,267

5,372

-1,393

4,191

5,972

12,251

-12,435

9,809

11,152

10,593

-12,409

16,814

19,423

19,919

-1,217

12,618

14,552

16,146

12,024

14,829