XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.22.2.2

SEGMENT INFORMATION (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
SEGMENT INFORMATION |
Schedule of segment reporting information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2022 |  | 2021
​ | ​ | (Unaudited)
​ | ​ | (In thousands)
Net Revenue: |  | ​ |  |  | ​ |
Radio Broadcasting | ​ | $ | 31,493 | ​ | $ | 27,788
Reach Media | ​ |  | 10,030 | ​ |  | 7,816
Digital | ​ |  | 15,486 | ​ |  | 10,355
Cable Television | ​ |  | 56,434 | ​ |  | 46,241
Corporate/Eliminations* | ​ |  | (1,094) | ​ |  | (760)
Consolidated | ​ | $ | 112,349 | ​ | $ | 91,440
​ | ​ |  | ​ | ​ |  | ​
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): | ​ |  | ​ | ​ |  | ​
Radio Broadcasting | ​ | $ | 23,618 | ​ | $ | 23,329
Reach Media | ​ |  | 6,196 | ​ |  | 5,174
Digital | ​ |  | 10,864 | ​ |  | 8,053
Cable Television | ​ |  | 26,147 | ​ |  | 21,521
Corporate/Eliminations | ​ |  | 6,581 | ​ |  | 7,342
Consolidated | ​ | $ | 73,406 | ​ | $ | 65,419
​ | ​ |  | ​ | ​ |  | ​
Depreciation and Amortization: | ​ |  | ​ | ​ |  | ​
Radio Broadcasting | ​ | $ | 815 | ​ | $ | 729
Reach Media | ​ |  | 47 | ​ |  | 58
Digital | ​ |  | 333 | ​ |  | 324
Cable Television | ​ |  | 946 | ​ |  | 929
Corporate/Eliminations | ​ |  | 264 | ​ |  | 224
Consolidated | ​ | $ | 2,405 | ​ | $ | 2,264
​ | ​ |  | ​ | ​ |  | ​
Operating income (loss): | ​ |  | ​ | ​ |  | ​
Radio Broadcasting | ​ | $ | 7,060 | ​ | $ | 3,730
Reach Media | ​ |  | 3,787 | ​ |  | 2,584
Digital | ​ |  | 4,289 | ​ |  | 1,978
Cable Television | ​ |  | 29,341 | ​ |  | 23,791
Corporate/Eliminations | ​ |  | (7,939) | ​ |  | (8,326)
Consolidated | ​ | $ | 36,538 | ​ | $ | 23,757
​ | ​ | ​ | ​ | ​ | ​ | ​
* Intercompany revenue included in net revenue above is as follows: | ​ | ​ | ​ | ​ | ​ | ​
Radio Broadcasting |  | $ | (1,094) |  | $ | (760)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures by segment are as follows: |  | ​ |  |  | ​ |
Radio Broadcasting | ​ | $ | 640 | ​ | $ | 261
Reach Media | ​ |  | 21 | ​ |  | 1
Digital | ​ |  | 225 | ​ |  | 326
Cable Television | ​ |  | 383 | ​ |  | 38
Corporate/Eliminations | ​ |  | 307 | ​ |  | 178
Consolidated | ​ | $ | 1,576 | ​ | $ | 804
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ |  | March 31, |  | December 31,
​ | ​ | 2022 | ​ | 2021
​ | ​ | (Unaudited) | ​ | ​ | ​
​ | ​ | (In thousands)
Total Assets: | ​ | ​ | ​ | ​ | ​ | ​
Radio Broadcasting | ​ | $ | 621,887 | ​ | $ | 627,948
Reach Media | ​ |  | 35,924 | ​ |  | 33,451
Digital | ​ |  | 26,631 | ​ |  | 32,915
Cable Television | ​ |  | 394,468 | ​ |  | 367,896
Corporate/Eliminations | ​ |  | 205,725 | ​ |  | 198,898
Consolidated | ​ | $ | 1,284,635 | ​ | $ | 1,261,108

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration