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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES:    
Net income (loss) $ 6,654 $ 9,500
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 3,860 3,841
Amortization of deferred financing costs 1,588 2,283
Net deferred taxes (benefit) and other 4,622 6,625
Tax benefit on exercise of options 0 0
Provision for bad debts 564 604
Net (gain) loss on sale or disposal of assets (567) (199)
Non-cash stock-based compensation expense 2,542 2,494
Net (gain) loss on investments 0 0
Net (gain) loss on derivatives 0 0
Deferred rent 355 415
Unearned revenue - long-term (10) (28)
Net (gain) loss on extinguishment of debt 0 0
Deferred compensation 558 871
Tax benefit for vesting of restricted stock unit awards 0 0
Impairment loss 0 0
Net accretion expense for asset retirement obligations 7 (24)
Other income 0 0
Changes in assets and liabilities:    
Accounts receivable (4,082) (720)
Prepaid expenses and deposits (993) (1,242)
Prepaid and refundable income taxes 0 0
Accounts payable and accrued liabilities 5,252 5,689
Accrued interest expense (44) (132)
Accrued liabilities - long-term (1,050) (970)
Prepaid expenses - long-term 656 (411)
Net cash provided by (used in) operating activities 19,912 28,596
INVESTING ACTIVITIES:    
Additions to property and equipment (4,744) (4,782)
Proceeds from sale of property, equipment, intangibles and other assets 406 72
Deferred charges and other assets (462) (638)
Purchases of investments 0 0
Proceeds from investments and capital projects 0 0
Proceeds from termination of radio station contract 0 0
Proceeds from insurance recovery 0 0
Station acquisition deposits and costs 0 0
Net cash provided by (used in) investing activities (4,800) (5,348)
FINANCING ACTIVITIES:    
Deferred financing expenses related to bank facility amendment 0 0
Proceeds from issuance of long-term debt 0 13,500
Proceeds from the financing method of lease obligations 0 0
Payments of long-term debt (1,500) (41,000)
Net proceeds from the senior unsecured notes 0 0
Retirement of senior subordinated notes 0 0
Purchase of the Company's common stock 0 0
Proceeds from issuance of employee stock plan 0 0
Proceeds from the exercise of stock options 31 28
Purchase of vested employee restricted stock units (1,520) (908)
Realization of tax benefits for payment of dividend equivalents 0 0
Payment of dividend equivalents on vested restricted stock units 0 0
Payment of dividends 0 0
Net cash provided by (used in) financing activities (2,989) (28,380)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,123 (5,132)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 31,540 12,231
CASH AND CASH EQUIVALENTS, END OF PERIOD 43,663 7,099
Cash paid during the period for:    
Interest 17,456 17,960
Income taxes 81 79
Dividends $ 0 $ 0