XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
 [1]
Current assets:    
Cash and cash equivalents $ 55,147 $ 54,760
Accounts receivable, net 13,744 16,269
Prepaid expenses and other current assets 2,305 2,449
Barter transactions 1,038 971
Total current assets 72,234 74,449
Property and equipment 145,586 144,719
Less accumulated depreciation 92,544 91,375
Net property and equipment 53,042 53,344
Other assets:    
Broadcast licenses, net 90,277 90,277
Goodwill 19,209 19,209
Other intangibles, right of use assets, deferred costs and investments, net 10,313 10,653
Total assets 245,075 247,932
Current liabilities:    
Accounts payable 2,226 2,347
Accrued payroll and payroll taxes 5,657 6,202
Dividend payable 968 3,988
Other accrued expenses 6,019 5,758
Barter transactions 959 901
Total current liabilities 15,829 19,196
Deferred income taxes 24,882 24,802
Other liabilities 6,622 7,015
Total liabilities 47,333 51,013
Commitments and contingencies
Stockholders' equity:    
Common stock 77 77
Additional paid-in capital 70,145 70,035
Retained earnings 164,482 164,246
Treasury stock (36,962) (37,439)
Total stockholders' equity 197,742 196,919
Total liabilities and stockholders' equity $ 245,075 $ 247,932
[1] The balance sheet at December 31, 2021 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.