Financial Information about Industry Segments Meredith is a diversified media company focused primarily on the home and family marketplace. On the basis of products and services, the Company has established two reportable segments: national media and local media. There have been no changes in the basis of segmentation since June30, 2016 . There have been no material intersegment transactions. There are two principal financial measures reported to the chief executive officer for use in assessing segment performance and allocating resources. Those measures are operating profit and earnings before interest, taxes, depreciation, and amortization (EBITDA). Operating profit for segment reporting, disclosed below, is revenues less operating costs excluding unallocated corporate expenses. Segment operating expenses include allocations of certain centrally incurred costs such as employee benefits, occupancy, information systems, accounting services, internal legal staff, and human resources administration. These costs are allocated based on actual usage or other appropriate methods, primarily number of employees. Unallocated corporate expenses are corporate overhead expenses not directly attributable to the operating groups. In accordance with authoritative guidance on disclosures about segments of an enterprise and related information, EBITDA is not presented below. The following table presents financial information by segment: Three months ended September 30, 2016 2015 (In thousands) Revenues National media $ 247,293 $ 258,199 Local media 152,586 126,467 Total revenues $ 399,879 $ 384,666 Segment profit National media $ 24,111 $ 22,803 Local media 50,622 29,327 Unallocated corporate (13,971 ) (23,118 ) Income from operations 60,762 29,012 Interest expense, net (4,749 ) (5,313 ) Earnings before income taxes $ 56,013 $ 23,699 Depreciation and amortization National media $ 4,518 $ 4,565 Local media 8,990 9,978 Unallocated corporate 388 537 Total depreciation and amortization $ 13,896 $ 15,080