Townsquare media, inc. (TSQ)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Net revenue

430,599

411,392

421,581

-

-

-

-

Net revenue

-

-

-

441,222

373,892

268,578

222,736

Operating costs and expenses:
Direct operating expenses

306,861

295,574

299,344

317,789

253,440

187,148

154,566

Depreciation and amortization

-

-

-

17,577

-

-

-

Depreciation and amortization

-

-

-

17,577

16,878

15,189

14,824

Depreciation and amortization

18,961

18,999

17,051

-

-

-

-

Corporate expenses

27,212

25,828

25,370

25,458

24,996

19,190

16,287

Share-based Payment Arrangement, Noncash Expense

1,600

700

4,300

4,278

37,739

0

0

Transaction costs

1,466

1,174

767

1,739

217

2,001

1,782

Business realignment costs

2,128

1,328

0

0

-

-

-

Change in fair value of contingent consideration

-

-

-

-

-

1,100

0

Impairment of goodwill and intangible assets

32,358

16,858

0

1,680

0

-

-

Gain (Loss) on Disposition of Assets

415

-386

-298

12,029

-90

36

-123

Costs and Expenses

390,204

360,865

347,083

356,492

333,360

222,392

187,582

Operating Income (Loss)

40,395

50,527

74,498

84,730

40,532

46,186

35,154

Other expense:
Interest expense, net

34,266

32,755

34,072

35,979

46,502

35,620

28,291

Impairment loss on investment

-5,000

0

-4,200

-

-

-

-

Repurchase of debt

140

0

546

-

-

-

-

Impairment on investment

-

-

-

0

0

-

-

Cancellation and (repurchase) of debt

-

-

-

-30,305

0

-

-

Other expense, net

-167

-363

228

-276

-111

-

-

Other expense (income), net

-

-

-

-

-

115

123

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

1,095

17,409

36,964

18,170

-6,081

10,451

6,740

Provision for income taxes

1,589

-7,397

16,134

7,924

10,872

340

340

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-494

24,806

20,830

10,246

-

-

-

Net (loss) income from discontinued operations, net of income taxes

-31,081

-35,079

2,463

0

-

-

-

Net income (loss)

-31,575

-10,273

23,293

10,246

-16,953

10,111

6,400

Net income (loss) attributable to:
Net Income (Loss) Attributable to Parent

-32,930

-11,149

23,023

9,830

-17,372

10,061

6,400

Non-controlling interests

-

-

-

-

419

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

1,355

876

270

416

-

-50

0

Basic income (loss) per share:
Income (Loss) from Continuing Operations, Per Basic Share

-0.03

1.34

1.14

0.58

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

-1.68

-1.90

0.13

0.00

-

-

-

Basic (in dollars per share)

-

-

-

0.58

-1.41

-

-

Diluted income (loss) per share:
Continuing operations (in dollars per share)

-0.03

0.89

0.76

0.37

-

-

-

Discontinued operations (in dollars per share)

-1.68

-1.26

0.09

0.00

-

-

-

Diluted (in dollars per share)

-

-

-

0.37

-1.41

-

-

Historical loss before income taxes

1,095

17,409

36,964

18,170

-

-

6,740

Pro forma income tax benefit

1,589

-7,397

16,134

7,924

-

-

340

Net (loss) income

-31,575

-10,273

23,293

10,246

-

-

6,400

Pro forma net income per share, basic (in dollars per share)

-

-

-

-

-0.31

-

-

Pro forma net income per share, diluted (in dollars per share)

-

-

-

-

-0.31

-

-

Basic (in shares)

-

-

-

-

12,013

-

-

Diluted (in shares)

-

-

-

-

12,013

-

-

Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

18,478

18,459

18,255

17,537

12,013

-

-

Weighted Average Number of Shares Outstanding, Diluted

27,502

27,855

27,313

27,724

12,013

-

-

Dividends declared (in usd per share)

0.30

0.00

0.00

-

-

-

-