Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 182,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 33,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable (net of allowances of $12,727 in 2014 and $11,919 in 2015) 33,520,000us-gaap_AccountsReceivableNetCurrent 34,781,000us-gaap_AccountsReceivableNetCurrent
Other receivables 3,456,000us-gaap_OtherReceivablesNetCurrent 3,546,000us-gaap_OtherReceivablesNetCurrent
Inventories (net of reserves of $1,227 in 2014 and $1,408 in 2015) 641,000us-gaap_InventoryNet 572,000us-gaap_InventoryNet
Prepaid expenses 6,031,000us-gaap_PrepaidExpenseCurrent 5,580,000us-gaap_PrepaidExpenseCurrent
Deferred income taxes 8,153,000us-gaap_DeferredTaxAssetsNetCurrent 8,153,000us-gaap_DeferredTaxAssetsNetCurrent
Assets held for sale 1,700,000us-gaap_LandAvailableForSale 1,700,000us-gaap_LandAvailableForSale
Total current assets 53,683,000us-gaap_AssetsCurrent 54,365,000us-gaap_AssetsCurrent
Notes receivable (net of allowances of $539 in 2014 and $499 in 2015) 200,000us-gaap_NotesAndLoansReceivableNetNoncurrent 228,000us-gaap_NotesAndLoansReceivableNetNoncurrent
Fair value of interest rate swap    475,000us-gaap_DerivativeFairValueOfDerivativeAsset
Property and equipment (net of accumulated depreciation of $155,495 in 2014 and $157,364 in 2015) 99,378,000us-gaap_PropertyPlantAndEquipmentNet 99,227,000us-gaap_PropertyPlantAndEquipmentNet
Broadcast licenses 386,302,000us-gaap_IndefiniteLivedLicenseAgreements 385,726,000us-gaap_IndefiniteLivedLicenseAgreements
Goodwill 24,690,000us-gaap_Goodwill 24,684,000us-gaap_Goodwill
Other indefinite-lived intangible assets 833,000us-gaap_OtherIndefiniteLivedIntangibleAssets 833,000us-gaap_OtherIndefiniteLivedIntangibleAssets
Amortizable intangible assets (net of accumulated amortization of $34,130 in 2014 and $35,459 in 2015) 11,780,000us-gaap_FiniteLivedIntangibleAssetsNet 12,395,000us-gaap_FiniteLivedIntangibleAssetsNet
Deferred financing costs 2,982,000us-gaap_DeferredFinanceCostsNoncurrentNet 3,166,000us-gaap_DeferredFinanceCostsNoncurrentNet
Other assets 2,505,000us-gaap_OtherAssetsNoncurrent 2,060,000us-gaap_OtherAssetsNoncurrent
Total assets 582,353,000us-gaap_Assets 583,159,000us-gaap_Assets
Current liabilities:    
Accounts payable 5,801,000us-gaap_AccountsPayableCurrent 2,964,000us-gaap_AccountsPayableCurrent
Accrued expenses 15,104,000us-gaap_AccruedLiabilitiesCurrent 12,704,000us-gaap_AccruedLiabilitiesCurrent
Accrued compensation and related expenses 8,337,000us-gaap_EmployeeRelatedLiabilitiesCurrent 8,777,000us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued interest 43,000us-gaap_InterestPayableCurrent 48,000us-gaap_InterestPayableCurrent
Deferred revenue 13,069,000us-gaap_DeferredRevenueCurrent 13,205,000us-gaap_DeferredRevenueCurrent
Income tax payable 207,000us-gaap_AccruedIncomeTaxesCurrent 154,000us-gaap_AccruedIncomeTaxesCurrent
Current portion of long-term debt and capital lease obligations 593,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 1,898,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 43,154,000us-gaap_LiabilitiesCurrent 39,750,000us-gaap_LiabilitiesCurrent
Long-term debt and capital lease obligations, less current portion 273,642,000us-gaap_LongTermDebtAndCapitalLeaseObligations 275,607,000us-gaap_LongTermDebtAndCapitalLeaseObligations
Fair value of interest rate swap 945,000us-gaap_DerivativeAssetFairValueGrossLiability   
Deferred income taxes 49,144,000us-gaap_DeferredTaxLiabilitiesNoncurrent 49,109,000us-gaap_DeferredTaxLiabilitiesNoncurrent
Deferred revenue 11,201,000us-gaap_DeferredRevenueNoncurrent 10,576,000us-gaap_DeferredRevenueNoncurrent
Other liabilities 1,059,000us-gaap_OtherLiabilitiesNoncurrent 4,123,000us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 379,145,000us-gaap_Liabilities 379,165,000us-gaap_Liabilities
Commitments and contingencies (Note 10)      
Stockholders' equity:    
Additional paid-in capital 241,058,000us-gaap_AdditionalPaidInCapitalCommonStock 240,493,000us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (4,122,000)us-gaap_RetainedEarningsAccumulatedDeficit (2,770,000)us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost (2,317,650 shares at December 31, 2014 and March 31, 2015) (34,006,000)us-gaap_TreasuryStockValue (34,006,000)us-gaap_TreasuryStockValue
Total stockholders' equity 203,208,000us-gaap_StockholdersEquity 203,994,000us-gaap_StockholdersEquity
Total liabilities and stockholders' equity 582,353,000us-gaap_LiabilitiesAndStockholdersEquity 583,159,000us-gaap_LiabilitiesAndStockholdersEquity
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 222,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember 		221,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 56,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember 		$ 56,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember