(In thousands) | Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||||||||
2023 | 2022 | 2023 | 2022 | ||||||||||||||||||||
Revenue | $ | 198,060 | $ | 169,285 | $ | 641,292 | $ | 585,707 | |||||||||||||||
Operating expenses: | |||||||||||||||||||||||
Direct operating expenses(1) | 110,715 | 95,448 | 409,415 | 371,071 | |||||||||||||||||||
Selling, general and administrative expenses(1) | 35,731 | 27,951 | 117,171 | 108,540 | |||||||||||||||||||
Corporate expenses(1) | 13,752 | 12,008 | 47,826 | 51,806 | |||||||||||||||||||
Depreciation and amortization | 10,709 | 10,247 | 40,497 | 38,620 | |||||||||||||||||||
Other operating expense (income), net | (4,027) | 1,558 | 1,653 | 2,818 | |||||||||||||||||||
Operating income | 31,180 | 22,073 | 24,730 | 12,852 | |||||||||||||||||||
Interest expense, net | (8,784) | (10,839) | (45,350) | (42,279) | |||||||||||||||||||
Other income (expense), net | 10,458 | 35,549 | 17,371 | (45,987) | |||||||||||||||||||
Income (loss) from continuing operations before income taxes | 32,854 | 46,783 | (3,249) | (75,414) | |||||||||||||||||||
Income tax expense attributable to continuing operations | (4,499) | (5,977) | (5,860) | (6,664) | |||||||||||||||||||
Income (loss) from continuing operations | 28,355 | 40,806 | (9,109) | (82,078) | |||||||||||||||||||
Income (loss) from discontinued operations(2),(3) | 6,288 | 3,553 | (111,523) | (33,941) | |||||||||||||||||||
Consolidated net income (loss) | 34,643 | 44,359 | (120,632) | (116,019) | |||||||||||||||||||
Less: Net income (loss) attributable to noncontrolling interests | 37 | 26 | 95 | (40) | |||||||||||||||||||
Net income (loss) attributable to the Company | $ | 34,606 | $ | 44,333 | $ | (120,727) | $ | (115,979) |