v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 0 $ 1,785
Accounts receivable (net of allowances of $13,022 in 2021 and $7,856 in 2022) 28,000 25,663
Unbilled revenue 3,003 3,406
Other receivables (net of allowances of $455 in 2021 and 2022) 2,034 1,377
Inventories 1,371 960
Prepaid expenses 7,520 6,772
Assets held for sale 1,402 1,551
Total current assets 43,330 41,514
Notes receivable (net of allowance of $938 in 2021 and $882 in 2022) 205 274
Property and equipment (net of accumulated depreciation of $186,053 in 2021 and $188,960 in 2022) 80,262 79,339
Operating lease right-of-use assets 45,883 43,560
Financing lease right-of-use assets 102 105
Broadcast licenses 320,198 320,008
Goodwill 23,986 23,986
Amortizable intangible assets (net of accumulated amortization of $58,110 in 2021 and $58,444 in 2022) 2,110 2,444
Deferred financing costs 793 843
Other assets 6,789 4,039
Total assets 523,658 516,112
Current liabilities:    
Accounts payable 3,545 2,661
Accrued expenses 15,835 12,006
Accrued compensation and related expenses 10,699 13,054
Accrued interest 4,033 1,030
Contract liabilities 12,592 12,294
Deferred rent income 127 157
Income taxes payable 1,326 1,544
Current portion of operating lease liabilities 8,815 8,651
Current portion of financing lease liabilities 59 58
Current portion of long-term debt 0 0
Total current liabilities 57,031 51,455
Long-term debt, less current portion 168,300 170,581
Operating lease liabilities, less current portion 44,715 42,208
Financing lease liabilities, less current portion 62 65
Deferred income taxes 67,007 67,012
Contract liabilities, long-term 2,060 2,222
Deferred rent income, less current portion 3,749 3,772
Other long-term liabilities 584 586
Total liabilities 343,508 337,901
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Additional paid-in capital 248,638 248,438
Accumulated deficit (34,770) (36,509)
Treasury stock, at cost (2,317,650 shares at December 31, 2021 and March 31, 2022) (34,006) (34,006)
Total stockholders' equity 180,150 178,211
Total liabilities and stockholders' equity 523,658 516,112
Common Class A [Member]    
Stockholders' Equity:    
Common stock 232 232
Common Class B [Member]    
Stockholders' Equity:    
Common stock $ 56 $ 56

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