XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 51,353 $ 44,034
Accounts receivable, less allowance of $648 ($671 in 2019) 15,732 18,962
Prepaid expenses and other current assets 2,988 2,478
Barter transactions 895 1,246
Total current assets 70,968 66,720
Property and equipment 142,680 142,403
Less accumulated depreciation 87,795 83,692
Net property and equipment 54,885 58,711
Other assets:    
Broadcast licenses, net 90,208 95,311
Goodwill 19,106 18,963
Other intangibles, right of use assets, deferred costs and investments, net of accumulated amortization of $15,524 ($14,711 in 2019) 11,321 12,689
Total assets 246,488 252,394
Current liabilities:    
Accounts payable 2,212 2,117
Payroll and payroll taxes 5,660 7,439
Dividend payable   1,797
Other accrued expenses 5,267 4,996
Barter transactions 795 1,152
Total current liabilities 13,934 17,501
Deferred income taxes 24,607 25,152
Long-term debt 10,000 10,000
Other liabilities 7,405 7,389
Total liabilities 55,946 60,042
Commitments and contingencies 0 0
Stockholders' equity:    
Preferred stock, 1,500 shares authorized, none issued and outstanding
Additional paid-in capital 68,900 66,811
Retained earnings 158,990 162,822
Treasury stock (1,751 shares in 2020 and 1,735 in 2019, at cost) (37,425) (37,358)
Total stockholders' equity 190,542 192,352
Total liabilities and stockholders' equity 246,488 252,394
Class A Common Stock    
Stockholders' equity:    
Common stock 68 68
Total stockholders' equity 68 68
Class B Common Stock    
Stockholders' equity:    
Common stock 9 9
Total stockholders' equity $ 9 $ 9