Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net revenue $ 135,013 $ 140,498 $ 268,766 $ 281,698
Operating expenses:        
Cost of services 33,047 29,617 65,748 59,586
Selling, general and administrative, including stock-based and long-term incentive compensation 32,655 60,562 64,669 93,285
Radio conversion costs 0 77 0 309
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets 53,891 59,965 108,302 119,512
Depreciation 2,865 2,125 5,480 4,245
Loss on goodwill impairment 214,400 0 214,400 0
Total operating expenses 336,858 152,346 458,599 276,937
Operating income (loss) (201,845) (11,848) (189,833) 4,761
Other expense:        
Interest expense 38,600 36,477 75,473 72,315
Total other expense 38,600 36,477 75,473 72,315
Loss before income taxes (240,445) (48,325) (265,306) (67,554)
Income tax expense 1,347 1,779 2,693 3,563
Net loss (241,792) (50,104) (267,999) (71,117)
Unrealized gain (loss) on derivative contracts, net 5,521 (5,777) 19,927 (4,728)
Other comprehensive income (loss):        
Total other comprehensive income (loss), net of tax 5,521 (5,777) 19,927 (4,728)
Comprehensive loss $ (236,271) $ (55,881) $ (248,072) $ (75,845)