v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 23,394 $ 6,325
Trade accounts receivable (net of allowances of $14,069 in 2020 and $13,225 in 2021) 22,974 24,469
Unbilled revenue 2,548 3,192
Other receivables (net of allowances of $124 in 2020 and $424 in 2021) 1,006 1,122
Inventories (net of reserves of $1,499 in 2020 and $1,439 in 2021) 588 495
Prepaid expenses 7,597 6,847
Assets held for sale   3,346
Total current assets 58,107 45,796
Notes receivable (net of allowance of $461 in 2020 and $831 in 2021) 696 721
Property and equipment (net of accumulated depreciation of $180,336 in 2020 and $183,136 in 2021) 78,598 79,122
Operating lease right-of-use assets 46,508 48,203
Financing lease right-of-use assets 138 152
Broadcast licenses 319,773 319,773
Goodwill 23,757 23,757
Amortizable intangible assets (net of accumulated amortization of $58,897 in 2020 and $59,478 in 2021) 3,563 4,017
Deferred financing costs 187 213
Other assets 2,627 2,817
Total assets 533,954 524,571
Current liabilities:    
Accounts payable 1,312 2,006
Accrued expenses 9,932 11,002
Accrued compensation and related expenses 11,153 10,242
Accrued interest 4,875 1,225
Contract liabilities 12,600 11,652
Deferred rent income 149 147
Income taxes payable 584 563
Current portion of operating lease liabilities 8,615 8,963
Current portion of financing lease liabilities 60 60
Current portion of long-term debt 0 5,000
Total current liabilities 49,280 50,860
Long-term debt, less current portion 225,143 213,764
Operating lease liabilities, less current portion 46,058 47,740
Financing (capital) lease liabilities, less current portion 94 107
Deferred income taxes 69,071 68,883
Contract liabilities, long-term 2,159 1,869
Deferred rent income, less current portion 3,841 3,864
Other long-term liabilities 2,236 2,205
Total liabilities 397,882 389,292
Commitments and contingencies (Note 15)
Stockholders' Equity:    
Additional paid-in capital 247,493 247,025
Accumulated earnings (deficit) (77,700) (78,023)
Treasury stock, at cost (2,317,650 shares at December 31, 2020 and March 31, 2021) (34,006) (34,006)
Total stockholders' equity 136,072 135,279
Total liabilities and stockholders' equity 533,954 524,571
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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