THE E.W. SCRIPPS COMPANY SSP Income Statement

The e.w. scripps company (SSP)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Operating Revenues:
Subscriptions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	116,383	116,000	116,546	117,700	118,740	119,545	120,637	120,569	118,677	119,769	0	0	0
Total operating revenues
1,562,579	1,423,836	1,347,548	1,300,497	1,246,397	1,208,425	1,102,058	999,841	932,688	876,972	819,322	851,853	863,428	874,451	813,682	770,333	740,650	654,175	562,984	496,419	417,981	498,752	282,932	349,341	437,498	432,357	855,794	885,903	894,984	903,458	841,102	789,329	755,429	728,660	714,850	735,764	0	0	0
Costs and Expenses:
Employee compensation and benefits
538,738	499,022	454,812	426,274	405,743	394,029	385,883	378,380	371,299	367,735	335,195	338,137	342,610	343,570	348,564	345,292	343,947	316,424	276,545	252,962	224,483	257,870	162,336	193,204	226,694	225,644	394,421	395,206	396,229	396,241	385,233	370,905	358,854	348,178	345,783	349,433	0	0	0
Programming
498,223	451,249	406,994	383,828	365,385	350,753	337,174	298,494	263,245	228,605	192,766	186,447	180,772	172,617	153,232	143,717	131,601	112,165	101,373	81,236	63,651	55,487	56,445	54,582	53,998	53,826	53,556	53,843	55,124	56,783	55,141	55,672	56,692	57,713	61,405	61,418	0	0	0
Newsprint, press supplies and other printing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	48,130	49,174	50,445	51,266	51,922	52,290	52,050	51,226	49,200	48,512	0	0	0
Newspaper distribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	48,591	49,060	49,439	50,379	0	0	0	-	-	-	-	-	-
Other expenses
318,698	293,060	276,322	263,849	254,906	246,487	228,130	214,981	198,126	185,869	161,667	165,459	168,816	173,797	180,236	172,611	165,938	149,451	121,338	105,603	94,687	115,175	73,409	96,480	115,031	114,164	204,368	204,901	202,584	201,302	150,469	153,700	163,339	174,023	222,903	227,716	0	0	0
Pension expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Acquisition and related integration costs
27,734	26,304	26,796	10,392	7,604	4,124	332	0	0	-	0	-	-	578	1,613	5,819	35,792	37,988	39,677	38,254	12,220	9,708	6,984	4,201	262	0	0	0	0	5,826	0	0	0	-	-	-	-	-	-
Restructuring costs
2,432	3,370	3,833	4,669	6,042	8,911	9,015	10,559	8,229	4,422	2,407	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	6,606	7,670	8,600	9,335	9,826	10,086	9,553	9,935	9,735	10,841	0	0	0
Total costs and expenses
1,385,825	1,273,005	1,177,677	1,097,932	1,048,600	1,013,224	960,534	902,414	840,899	786,631	692,035	690,043	692,198	690,562	673,863	660,633	674,592	616,028	526,122	463,881	378,066	443,911	254,027	327,724	401,265	401,744	765,565	769,237	771,054	779,752	758,509	736,657	721,924	703,088	694,327	701,063	0	0	0
Depreciation, Amortization, and (Gains) Losses:
Depreciation
45,262	40,709	39,015	37,622	35,517	34,641	33,177	33,097	33,757	34,049	31,971	31,831	32,209	32,474	32,920	35,605	35,281	32,812	28,081	23,517	20,547	24,168	15,617	19,449	23,850	24,144	41,034	41,033	41,830	42,258	40,994	40,368	39,248	38,822	39,934	41,416	0	0	0
Amortization of intangible assets
51,847	46,277	38,842	33,592	30,842	29,346	28,149	26,406	24,145	22,294	20,561	21,818	22,445	22,730	23,026	21,722	20,626	16,979	14,160	11,157	8,199	8,012	7,094	6,652	6,587	6,378	6,937	6,978	7,010	7,074	5,619	4,161	2,707	1,247	1,291	1,334	0	0	0
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gains) losses, net on disposal of property and equipment
432	1,692	-1,411	-921	-711	-1,255	-143	-758	-839	-169	-612	-524	-531	-480	230	56	-137	-305	-605	2,574	2,776	2,872	2,742	-414	-359	-296	-564	-467	-721	-474	-160	396	403	124	-291	-789	0	0	0
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net depreciation, amortization, and (gains) losses
96,677	85,294	79,268	72,135	67,070	65,242	61,469	95,993	94,473	92,244	88,876	54,173	55,185	55,684	55,716	81,884	80,657	74,709	67,459	32,100	25,970	29,308	19,969	26,515	30,796	30,818	48,535	48,478	49,561	49,806	46,773	53,133	50,552	48,945	50,516	43,539	0	0	0
Operating income
80,077	65,537	90,603	130,430	130,727	129,959	80,055	1,434	-2,684	-1,903	38,411	107,637	116,045	128,205	84,103	27,816	-14,599	-36,562	-30,597	438	13,945	25,533	8,936	-4,898	5,437	-205	41,694	68,188	74,369	73,900	35,820	-461	-17,047	-23,373	-29,993	-8,838	0	0	0
Interest expense
97,478	80,596	62,619	45,085	36,341	36,184	35,575	32,292	31,261	26,697	22,599	21,471	17,655	18,039	18,179	17,833	17,626	15,099	12,672	10,476	8,292	8,494	8,858	9,463	10,078	10,437	10,517	11,150	11,705	12,246	10,126	7,200	4,401	1,640	1,908	2,391	0	0	0
Defined benefit pension plan expense
6,407	6,953	18,653	20,111	19,936	19,752	9,933	9,955	12,033	14,112	14,313	14,367	14,349	14,332	59,396	58,767	59,438	58,674	11,143	9,780	6,979	5,671	5,392	6,269	7,519	8,110	9,893	9,383	8,633	8,620	0	0	0	-	-	-	-	-	-
Miscellaneous, net
3,051	1,137	2,298	-290	-815	152	4,690	6,423	11,682	10,636	4,010	2,227	-3,334	-2,646	-2,678	-1,021	-176	-1,421	-7,169	-8,060	-8,684	-7,693	-7,837	-9,094	-10,491	-11,350	-6,320	-6,133	-5,934	-4,747	-2,505	-1,495	-103	-675	-583	605	0	0	0
Loss from operations before income taxes
-20,757	-20,875	11,629	64,944	73,635	74,175	39,237	-34,390	-34,296	-32,076	5,509	74,026	80,707	93,188	-5,932	-56,611	-94,525	-111,756	-50,438	-18,098	-3,031	9,346	-7,759	-23,455	-15,132	-21,992	24,857	50,905	56,730	56,907	23,189	-9,156	-21,551	-25,688	-32,484	-10,624	0	0	0
Provision (benefit) for income taxes
2,616	-2,497	4,619	16,132	15,795	18,098	7,653	-18,331	-16,430	-20,054	-2,033	26,358	28,406	33,266	-6,471	-20,185	-33,656	-37,884	-16,787	-9,933	-4,985	-111	-3,606	-9,408	-7,106	-11,907	6,275	11,470	15,064	16,985	4,044	-5,577	-10,344	-10,001	-16,080	-6,790	0	0	0
Income (loss) from continuing operations, net of tax
-	-	7,010	48,812	-	56,077	31,584	-16,059	-17,866	-12,022	0	0	0	-	-	-	-	-73,872	-44,470	-22,863	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-13,974	-14,882	-	-36,328	-28,353	-26,525	-21,893	-2,595	0	0	0	-	-	-	-	-8,605	-17,817	-18,216	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net loss
-23,373	-18,378	-6,964	33,930	40,016	19,749	3,231	-42,584	-39,759	-14,617	-7,556	30,616	0	-	0	0	-	-	-	-	-	-	-	-	0	-	18,582	39,435	41,666	39,922	19,145	-3,579	-11,207	-15,687	0	0	0	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	-	-	-	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	166	0	-	-632	-2,143	-2,143	-2,143	-1,511	0	0	0	-	0	-	-	-	-	-	-	-	-	-	0	-	-266	-266	-266	-266	-150	-150	-150	-150	0	0	0	-	-
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-7,130	33,930	-	20,381	5,374	-40,441	-37,616	-13,106	-7,556	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-72,489	-	-62,287	-41,079	0	-	0	0	-	-	-	-	-	-	-	-	-	-15,537	-15,584	94,645	0	0	0
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
988,365	902,892	873,992	859,579	841,153	836,049	750,474	669,794	613,120	563,879	511,139	556,383	582,325	608,748	580,090	554,904	545,832	489,246	459,140	417,857	364,509	421,546	275,836	313,275	370,356	370,733	658,054	691,944	702,708	711,144	651,736	603,354	573,233	550,305	540,833	558,444	0	0	0
Retransmission and carriage
Total operating revenues
441,710	390,043	356,747	339,292	320,625	304,402	289,100	273,160	264,561	259,712	256,545	245,946	233,320	220,723	196,052	179,205	162,267	136,571	116,476	95,424	71,629	56,185	51,569	46,737	44,537	42,505	0	0	0	-	-	-	-	-	-	-	-	-	-
Other Revenue [Member]
Total operating revenues
132,504	130,901	116,809	101,626	84,619	67,974	62,484	56,887	55,007	53,381	51,638	49,524	47,783	44,980	37,540	36,224	32,551	28,358	19,667	15,437	14,142	21,021	9,979	15,597	20,777	19,119	19,145	26,150	34,421	43,747	54,939	50,743	45,872	42,099	55,340	57,551	0	0	0