v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,540 $ 1,785
Accounts receivable (net of allowances of $13,022 in 2021 and $7,496 in 2022) 29,271 25,663
Unbilled revenue 2,960 3,406
Other receivables (net of allowances of $455 in 2021 and $586 in 2022) 2,721 1,377
Inventories 1,528 960
Prepaid expenses 8,380 6,772
Assets held for sale 267 1,551
Total current assets 47,667 41,514
Notes receivable (net of allowance of $938 in 2021 and $427 in 2022) 1,072 274
Property and equipment (net of accumulated depreciation of $186,053 in 2021 and $186,881 in 2022) 79,713 79,339
Operating lease right-of-use assets 44,020 43,560
Financing lease right-of-use assets 90 105
Broadcast licenses 313,500 320,008
Goodwill 23,861 23,986
Amortizable intangible assets (net of accumulated amortization of $58,110 in 2021 and $58,777 in 2022) 1,799 2,444
Deferred financing costs 774 843
Other assets 2,773 4,039
Total assets 515,269 516,112
Current liabilities:    
Accounts payable 2,623 2,661
Accrued expenses 18,679 12,006
Accrued compensation and related expenses 12,278 13,054
Accrued interest 952 1,030
Contract liabilities 12,401 12,294
Deferred rent income 144 157
Income taxes payable 222 1,544
Current portion of operating lease liabilities 8,795 8,651
Current portion of financing lease liabilities 57 58
Current portion of long-term debt 10 0
Total current liabilities 56,161 51,455
Long-term debt, less current portion 155,595 170,581
Operating lease liabilities, less current portion 42,599 42,208
Financing (capital) lease liabilities, less current portion 53 65
Deferred income taxes 65,808 67,012
Contract liabilities, long-term 1,948 2,222
Deferred rent income, less current portion 3,705 3,772
Other long-term liabilities 65 586
Total liabilities 325,934 337,901
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Additional paid-in capital 248,706 248,438
Accumulated deficit (25,653) (36,509)
Treasury stock, at cost (2,317,650 shares at December 31, 2021 and June 30, 2022) (34,006) (34,006)
Total stockholders' equity 189,335 178,211
Total liabilities and stockholders' equity 515,269 516,112
Common Class A [Member]    
Stockholders' Equity:    
Common stock 232 232
Common Class B [Member]    
Stockholders' Equity:    
Common stock $ 56 $ 56

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