v3.20.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net revenue $ 122,575 $ 129,606
Operating expenses:    
Cost of services 28,010 26,764
Selling, general and administrative, including stock-based and long-term incentive compensation 44,453 31,222
Radio conversion costs 4,824 0
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets 53,281 49,145
Depreciation 3,109 3,154
Goodwill impairment 81,943 0
Total operating expenses 215,620 110,285
Operating (loss) income (93,045) 19,321
Other expense:    
Interest expense 20,342 37,433
Unrealized loss on derivative financial instruments 0 7,773
Refinancing expense 0 5,214
Total other (income) expense 20,342 50,420
Loss before income taxes (113,387) (31,099)
Income tax expense 618 671
Net loss (114,005) (31,770)
Other comprehensive loss:    
Unrealized loss on derivative contracts, net (1,813) (468)
Total other comprehensive loss, net of tax (1,813) (468)
Comprehensive loss $ (115,818) $ (32,238)
Basic and diluted income per share:    
Net loss (in dollars per share) $ (5.07) $ 0

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