v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9 $ 117
Trade accounts receivable (net of allowances of $9,732 in 2018 and $9,328 in 2019) 32,154 33,020
Unbilled revenue 2,158 2,513
Other receivables (net of allowances of $158 in 2018 and $4 in 2019 ) 876 806
Inventories (net of reserves of $994 in 2018 and $1,159 in 2019) 630 677
Prepaid expenses 5,383 6,504
Total current assets 41,210 43,637
Notes receivable (net of allowance of $733 in 2018 and $996 in 2019) 889 218
Property and equipment (net of accumulated depreciation of $170,756 in 2018 and $174,275 in 2019) 94,591 96,344
Operating lease right-of-use assets 61,581  
Financing lease right-of-use assets 199 164
Broadcast licenses 372,325 376,316
Goodwill 26,445 26,789
Other indefinite-lived intangible assets 277 277
Amortizable intangible assets (net of accumulated amortization of $53,180 in 2018 and $53,402 in 2019) 9,061 11,264
Deferred financing costs 304 381
Other assets 4,177 3,638
Total assets 611,059 559,028
Current liabilities:    
Accounts payable 5,736 2,187
Accrued expenses 8,647 10,104
Accrued compensation and related expenses 7,457 7,582
Accrued interest 1,341 1,375
Contract liabilities 10,437 11,537
Deferred rent income 110 108
Income taxes payable 299 267
Current portion of operating lease liabilities 9,651  
Current portion of financing (capital) lease liabilities 69 58
Current portion of long-term debt 22,416 19,660
Total current liabilities 66,163 52,878
Long-term debt, less current portion 227,887 234,030
Operating lease liabilities, less current portion 59,991  
Financing (capital) lease liabilities, less current portion 141 105
Deferred income taxes 34,726 35,272
Deferred rent expense, long term   9,382
Contract liabilities, long-term 1,366 1,379
Deferred rent income, less current 4,002 4,049
Other long-term liabilities 554 64
Total liabilities 394,830 337,159
Commitments and contingencies (Note 17)
Stockholders' Equity:    
Additional paid-in capital 246,332 245,220
Accumulated earnings 3,620 10,372
Treasury stock, at cost (2,317,650 shares at December 31, 2018 and June 30, 2019) (34,006) (34,006)
Total stockholders' equity 216,229 221,869
Total liabilities and stockholders' equity 611,059 559,028
Common Class A [Member]    
Stockholders' Equity:    
Common stock 227 227
Total stockholders' equity 227 227
Common Class B [Member]    
Stockholders' Equity:    
Common stock 56 56
Total stockholders' equity $ 56 $ 56

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