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LIN Media LLC (LIN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsSep-30-14Jun-30-14Mar-31-14Dec-31-13Sep-30-13Jun-30-13Mar-31-13
   10-Q10-Q10-Q10-K10-Q10-Q10-Q
Net revenues  731.0702.0677.6652.4664.6634.6591.3
            Net revenues growth  10.0%10.6%14.6%    
Operating expenses:         
Direct operating  221.0207.4195.6 180.7156.392.7
Selling, general and administrative  181.4178.5170.2162.6159.1146.2134.2
Amortization of program rights  20.421.021.4 22.520.513.4
Corporate  29.731.932.3 30.028.619.5
Depreciation  45.145.745.946.946.341.737.0
Amortization of intangible assets  15.117.217.2 17.011.75.9
Charges  2.0  3.93.02.52.1
Loss (gain) from asset dispositions  0.10.10.2 0.20.20.1
    Operating (loss) income  56.7100.494.689.9133.2154.3162.4
            Operating margin  7.8%14.3%14.0%13.8%20.0%24.3%27.5%
   
Other expense:         
Interest expense, net  56.956.756.956.660.055.350.2
Share of loss in equity investments   -0.2-0.2-0.1 -102.5 
Other (income) expense, net  -0.92.02.2 2.10.0-0.1
Total other expense, net  56.258.859.258.8157.5155.0149.9
    (Loss) income before (benefit from) provision for income taxes  -13.127.921.7 17.541.128.7
(Benefit from) provision for income taxes  10.5-120.8-123.3-125.4-118.831.736.6
    Net (loss) income  -14.0158.4154.7 134.77.80.6
Net income (loss) attributable to noncontrolling interests  -1.2-2.1-1.9-1.5-1.0-0.6-0.3
    Net (loss) income attributable to reporting entity  -13.4159.9156.1153.6146.519.238.9
   
Basic net (loss) income per common share:         
Net (loss) income (in dollars per share)  ($0.25)$3.02$2.95 $2.77$0.36$0.22
   
Weighted-average number of common shares outstanding used in calculating basic income  40.540.139.7 39.239.326.2
   
Diluted net (loss) income per common share:         
Net (loss) income (in dollars per share)  0.00.00.0 0.00.00.0
Weighted-average number of common shares outstanding used in calculating diluted income per common share  41.942.342.0 40.840.526.6

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