v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,253 $ 6
Trade accounts receivable (net of allowances of $10,947 in 2019 and $11,408 in 2020) 26,862 30,824
Unbilled revenue 2,356 2,749
Other receivables 1,508 1,352
Inventories (net of reserves of $1,271 in 2019 and $1,431in 2020) 647 717
Prepaid expenses 6,477 5,890
Assets held for sale 185 185
Total current assets 39,288 41,723
Notes receivable (net of allowance of $954 in 2019 and $930 in 2020) 669 667
Property and equipment (net of accumulated depreciation of $173,122 in 2019 and $175,212 in 2020) 86,630 87,673
Operating lease right-of-use assets 52,425 54,550
Financing lease right-of-use assets 161 180
Broadcast licenses 320,864 337,858
Goodwill 23,691 23,998
Other indefinite-lived intangible assets 0 260
Amortizable intangible assets (net of accumulated amortization of $55,617 in 2019 and $56,604 in 2020) 6,113 7,100
Deferred financing costs 183 224
Other assets 4,639 4,197
Total assets 534,663 558,430
Current liabilities:    
Accounts payable 2,192 3,468
Accrued expenses 8,064 9,395
Accrued compensation and related expenses 9,578 7,895
Accrued interest 4,902 1,262
Contract liabilities 9,630 9,493
Deferred rent income 118 110
Income taxes payable 588 531
Current portion of operating lease liabilities 8,697 8,485
Current portion of financing (capital) lease liabilities 65 69
Current portion of long-term debt 14,000 12,426
Total current liabilities 57,834 53,134
Long-term debt, less current portion 213,212 216,468
Operating lease liabilities, less current portion 51,557 54,050
Financing (capital) lease liabilities, less current portion 111 124
Deferred income taxes 71,862 38,778
Contract liabilities, long-term 1,740 1,744
Deferred rent income, less current portion 3,933 3,956
Other long-term liabilities 519 513
Total liabilities 400,768 368,767
Commitments and contingencies (Note 16)
Stockholders' Equity:    
Additional paid-in capital 246,783 246,680
Accumulated earnings (deficit) (79,165) (23,294)
Treasury stock, at cost (2,317,650 shares at December 31, 2019 and March 31, 2020) (34,006) (34,006)
Total stockholders' equity 133,895 189,663
Total liabilities and stockholders' equity 534,663 558,430
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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