v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 19,048 $ 6
Trade accounts receivable (net of allowances of $10,947 in 2019 and $12,543 in 2020) 22,513 30,824
Unbilled revenue 1,984 2,749
Other receivables 1,297 1,352
Inventories (net of reserves of $1,271 in 2019 and $1,338 in 2020) 707 717
Prepaid expenses 5,793 5,890
Assets held for sale 0 185
Total current assets 51,342 41,723
Notes receivable (net of allowance of $954 in 2019 and $618 in 2020) 753 667
Property and equipment (net of accumulated depreciation of $173,122 in 2019 and $176,689 in 2020) 84,380 87,673
Operating lease right-of-use assets 51,899 54,550
Financing lease right-of-use assets 144 180
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 $57,443 in 2020) 5,274 7,100
Deferred financing costs 198 224
Other assets 2,755 4,197
Total assets 541,300 558,430
Current liabilities:    
Accounts payable 4,810 3,468
Accrued expenses 8,360 9,395
Accrued compensation and related expenses 7,558 7,895
Accrued interest 1,232 1,262
Contract liabilities 16,567 9,493
Deferred rent income 141 110
Income taxes payable 686 531
Current portion of operating lease liabilities 9,588 8,485
Current portion of financing (capital) lease liabilities 61 69
Current portion of long-term debt 19,000 12,426
Total current liabilities 68,003 53,134
Long-term debt, less current portion 213,396 216,468
Operating lease liabilities, less current portion 51,356 54,050
Financing (capital) lease liabilities, less current portion 98 124
Deferred income taxes 69,407 38,778
Contract liabilities, long-term 1,937 1,744
Deferred rent income, less current portion 3,910 3,956
Other long-term liabilities 1,717 513
Total liabilities 409,824 368,767
Commitments and contingencies (Note 16)
Stockholders' Equity:    
Additional paid-in capital 246,879 246,680
Accumulated deficit (81,680) (23,294)
Treasury stock, at cost (2,317,650 shares at December 31, 2019 and June 30, 2020) (34,006) (34,006)
Total stockholders' equity 131,476 189,663
Total liabilities and stockholders' equity 541,300 558,430
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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