Three Months Ended November 30, 2014 Radio Publishing Corporate &amp; Emerging Technologies Consolidated Net revenues 44,905 17,906 149 $ 62,960 Station operating expenses excluding and depreciation and amortization expense 28,683 15,005 1,252 44,940 Corporate expenses excluding depreciation and amortization expense     3,241 3,241 Hungary license litigation and related expenses 188     188 Depreciation and amortization 806 62 614 1,482 Gain on contract settlement         Loss on disposal of fixed assets 3     3 Operating income (loss) $ 15,225 $ 2,839 $ (4,958 ) $ 13,106 Three Months Ended November 30, 2013 Radio Publishing Corporate &amp; Emerging Technologies Consolidated Net revenues 34,811 17,767 43 $ 52,621 Station operating expenses excluding depreciation and amortization expense 22,540 15,031 977 38,548 Corporate expenses excluding depreciation and amortization expense     3,653 3,653 Hungary license litigation and related expenses 500     500 Depreciation and amortization 618 56 544 1,218 Gain on sale of fixed assets (9 )     (9 ) Operating income (loss) $ 11,162 $ 2,680 $ (5,131 ) $ 8,711 Nine Months Ended November 30, 2014 Radio Publishing Corporate &amp; Emerging Technologies Consolidated Net revenues 137,493 46,697 318 $ 184,508 Station operating expenses excluding LMA fees and depreciation and amortization expense 87,213 44,458 2,488 134,159 Corporate expenses excluding depreciation and amortization expense     11,472 11,472 LMA fees 4,208     4,208 Hungary license litigation and related expenses 472     472 Depreciation and amortization 2,315 180 1,931 4,426 Gain on contract settlement (2,500 )     (2,500 ) Operating income (loss) $ 45,785 $ 2,059 $ (15,573 ) $ 32,271 Nine Months Ended November 30, 2013 Radio Publishing Corporate &amp; Emerging Technologies Consolidated Net revenues 112,967 45,135 72 $ 158,174 Station operating expenses excluding depreciation and amortization expense 72,733 43,770 1,695 118,198 Corporate expenses excluding depreciation and amortization expense     13,123 13,123 Hun