| Information regarding business segments |
Information regarding our business segments is as follows: | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | (in thousands) | | | | | | 2024 | | 2023 | | | | | | | | | | | Segment operating revenues: | | | | | | | | | | Local Media | | | | | | $ | 352,836 | | | $ | 311,923 | | | Scripps Networks | | | | | | 209,278 | | | 216,473 | | | Other | | | | | | 4,113 | | | 3,756 | | | Intersegment eliminations | | | | | | (4,763) | | | (4,374) | | | Total operating revenues | | | | | | $ | 561,464 | | | $ | 527,778 | | | Segment profit (loss): | | | | | | | | | | Local Media | | | | | | $ | 65,556 | | | $ | 45,843 | | | Scripps Networks | | | | | | 49,654 | | | 51,526 | | | Other | | | | | | (6,397) | | | (1,532) | | | Shared services and corporate | | | | | | (21,575) | | | (23,405) | | | | | | | | | | | | Restructuring costs | | | | | | (5,015) | | | (16,511) | | | Depreciation and amortization of intangible assets | | | | | | (38,688) | | | (38,543) | | | | | | | | | | | | Gains (losses), net on disposal of property and equipment | | | | | | (147) | | | (896) | | | Interest expense | | | | | | (54,917) | | | (48,838) | | | | | | | | | | | | Defined benefit pension plan income | | | | | | 177 | | | 134 | | | | | | | | | | | | | | | | | | | | | Miscellaneous, net | | | | | | 16,821 | | | (503) | | | Income (loss) from operations before income taxes | | | | | | $ | 5,469 | | | $ | (32,725) | | | Depreciation: | | | | | | | | | | Local Media | | | | | | $ | 10,033 | | | $ | 9,853 | | | Scripps Networks | | | | | | 4,825 | | | 4,736 | | | Other | | | | | | 60 | | | 45 | | | Shared services and corporate | | | | | | 202 | | | 419 | | | Total depreciation | | | | | | $ | 15,120 | | | $ | 15,053 | | | Amortization of intangible assets: | | | | | | | | | | Local Media | | | | | | $ | 8,945 | | | $ | 8,980 | | | Scripps Networks | | | | | | 12,977 | | | 13,009 | | | Other | | | | | | 451 | | | 449 | | | Shared services and corporate | | | | | | 1,195 | | | 1,052 | | | Total amortization of intangible assets | | | | | | $ | 23,568 | | | $ | 23,490 | | | Additions to property and equipment: | | | | | | | | | | Local Media | | | | | | $ | 15,461 | | | $ | 7,267 | | | Scripps Networks | | | | | | 2,316 | | | 194 | | | Other | | | | | | 118 | | | — | | | Shared services and corporate | | | | | | 2 | | | 835 | | | Total additions to property and equipment | | | | | | $ | 17,897 | | | $ | 8,296 | |
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| Disaggregation of principal revenue generating activities |
A disaggregation of the principal activities from which we generate revenue is as follows: | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | (in thousands) | | | | | | 2024 | | 2023 | | | | | | | | | | | Operating revenues: | | | | | | | | | | Core advertising | | | | | | $ | 333,790 | | | $ | 348,574 | | | Political | | | | | | 15,968 | | | 3,525 | | | Distribution | | | | | | 202,560 | | | 166,559 | | | Other | | | | | | 9,146 | | | 9,120 | | | Total operating revenues | | | | | | $ | 561,464 | | | $ | 527,778 | |
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