v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 19,858 $ 6,325
Trade accounts receivable (net of allowances of $14,069 in 2020 and $14,498 in 2021) 24,568 24,469
Unbilled revenue 2,639 3,192
Other receivables (net of allowances of $124 in 2020 and $455 in 2021) 1,468 1,122
Inventories (net of reserves of $1,499 in 2020 and $1,508 in 2021) 719 495
Prepaid expenses 7,166 6,847
Assets held for sale   3,346
Total current assets 56,418 45,796
Notes receivable (net of allowance of $461 in 2020 and $815 in 2021) 636 721
Property and equipment (net of accumulated depreciation of $180,336 in 2020 and $184,521 in 2021) 79,415 79,122
Operating lease right-of-use assets 44,926 48,203
Financing lease right-of-use assets 124 152
Broadcast licenses 320,008 319,773
Goodwill 23,785 23,757
Amortizable intangible assets (net of accumulated amortization of $58,897 in 2020 and $58,476 in 2021) 3,226 4,017
Deferred financing costs 174 213
Other assets 3,232 2,817
Total assets 531,944 524,571
Current liabilities:    
Accounts payable 2,357 2,006
Accrued expenses 10,667 11,002
Accrued compensation and related expenses 11,139 10,242
Accrued interest 1,227 1,225
Contract liabilities 12,401 11,652
Deferred rent income 143 147
Income taxes payable 605 563
Current portion of operating lease liabilities 8,768 8,963
Current portion of financing lease liabilities 59 60
Current portion of long-term debt   5,000
Total current liabilities 47,366 50,860
Long-term debt, less current portion 225,327 213,764
Operating lease liabilities, less current portion 44,049 47,740
Financing (capital) lease liabilities, less current portion 82 107
Deferred income taxes 68,480 68,883
Contract liabilities, long-term 2,167 1,869
Deferred rent income, less current portion 3,818 3,864
Other long-term liabilities 2,242 2,205
Total liabilities 393,531 389,292
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Additional paid-in capital 247,577 247,025
Accumulated earnings (deficit) (75,443) (78,023)
Treasury stock, at cost (2,317,650 shares at December 31, 2020 and June 30, 2021) (34,006) (34,006)
Total stockholders' equity 138,413 135,279
Total liabilities and stockholders' equity 531,944 524,571
Common Class A [Member]    
Stockholders' Equity:    
Common stock 229 227
Total stockholders' equity 229 227
Common Class B [Member]    
Stockholders' Equity:    
Common stock 56 56
Total stockholders' equity $ 56 $ 56

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