| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | |
|---|---|---|---|---|---|---|
Operating Revenues | ||||||
Digital and Data | ||||||
- | - | - | - | - | 72 | |
Advertising | ||||||
- | - | - | 1,303 | 1,339 | 815 | |
Retransmission revenue and carriage fees | ||||||
- | - | - | 368 | 286 | 103 | |
Other | ||||||
- | - | - | 80 | 99 | 102 | |
Total operating revenues | ||||||
2,009 | 1,848 | 1,947 | 1,801 | 1,780 | 1,147 | |
Operating Expenses | ||||||
Programming | ||||||
489 | 604 | 515 | 535 | 354 | 254 | |
Direct operating expenses | ||||||
401 | 391 | 390 | 376 | 364 | 225 | |
Selling, general and administrative | ||||||
567 | 573 | 620 | 543 | 519 | 311 | |
Depreciation | ||||||
54 | 56 | 58 | 64 | 62 | 41 | |
Amortization | ||||||
166 | 166 | 166 | 166 | 197 | 114 | |
Gain on sales of spectrum | ||||||
133 | 0 | 0 | - | - | - | |
Impairments of goodwill and other intangible assets | ||||||
- | - | - | 385 | 0 | 0 | |
Gain (Loss) on Sale of Properties | ||||||
25 | 28 | 213 | -0 | 21 | - | |
Total operating expenses | ||||||
1,521 | 1,763 | 1,539 | 2,071 | 1,475 | 948 | |
Operating Income (Loss) | ||||||
488 | 85 | 408 | -269 | 304 | 199 | |
Income on equity investments, net | ||||||
169 | 137 | 148 | 146 | 236 | 145 | |
Interest and dividend income | ||||||
12 | 3 | 1 | 0 | 1 | 0 | |
Interest expense | ||||||
169 | 159 | 152 | 148 | 141 | 39 | |
Loss on extinguishments and modification of debt | ||||||
0 | -20 | 0 | 37 | 0 | 28 | |
Gain on investment transactions | ||||||
-1 | 8 | 0 | 12 | 371 | 0 | |
Write-downs of investments | ||||||
0 | 193 | 0 | 0 | - | - | |
Other non-operating gain (loss), net | ||||||
0 | 0 | 5 | 7 | -4 | -1 | |
Reorganization items, net | ||||||
2 | 2 | 1 | 1 | 7 | 16 | |
Income Before Income Taxes | ||||||
525 | -118 | 434 | -289 | 760 | 258 | |
Income tax expense | ||||||
113 | -301 | 347 | 25 | 284 | 95 | |
Income from Continuing Operations | ||||||
412 | 183 | 87 | -315 | 476 | 162 | |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||
0 | 14 | -72 | -4 | 0 | 78 | |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
412 | 197 | 14 | -319 | - | - | |
Net Income (Loss) Attributable to Noncontrolling Interest | ||||||
-0 | 3 | 0 | 0 | - | - | |
Net Income attributable to Tribune Media Company | ||||||
412 | 194 | 14 | -319 | 476 | 241 | |
Earnings Per Share | ||||||
Continuing Operations | ||||||
4.71 | 2.06 | 0.96 | -3.33 | 4.76 | 1.63 | |
Discontinued Operations | ||||||
0.00 | 0.17 | -0.80 | -0.05 | 0.00 | 0.79 | |
Basic | ||||||
4.71 | 2.23 | 0.16 | -3.38 | 4.76 | 2.42 | |
Diluted Earnings (Loss) Per Common Share from: | ||||||
Continuing Operations | ||||||
4.67 | 2.04 | 0.96 | -3.33 | 4.75 | 1.62 | |
Discontinued Operations | ||||||
0.00 | 0.16 | -0.80 | -0.05 | 0.00 | 0.79 | |
Diluted | ||||||
4.67 | 2.20 | 0.16 | -3.38 | 4.75 | 2.41 | |
Television and Entertainment | ||||||
Total operating revenues | ||||||
1,998 | 1,835 | 1,909 | 1,752 | 1,725 | 1,021 | |
Corporate and Other | ||||||
Total operating revenues | ||||||
11 | 13 | 38 | 49 | 54 | 53 | |
Depreciation | ||||||
9 | 13 | 13 | - | - | - | |
Operating Income (Loss) | ||||||
-94 | -110 | 83 | - | - | - | |