v3.20.2

REVENUE (Tables)

9 Months Ended

Sep. 30, 2020

Revenues [Abstract]

Contract Assets and Liabilities balances and changes

Refer to the table below for information about receivables, contract assets and contract liabilities from contracts with customers. Accounts receivable balances in the table below exclude other receivables that are not generated from contracts with customers. These amounts are $2.2 million and $5.1 million as of September 30, 2020 and December 31, 2019, respectively.

Description						September 30, 2020						December 31, 2019
						(amounts in thousands)
Receivables, included in "Accounts receivable net of allowance for doubtful accounts"						$	231,211					$	376,504
Unearned revenue - current						11,814						9,894
Unearned revenue - noncurrent						1,499						2,113

Significant changes in the contract liabilities balances during the period are as follows:

						Nine Months Ended September 30, 2020
Description						Unearned Revenue
						(amounts in thousands)
Beginning balance on January 1, 2020						$	12,007
Revenue recognized during the period that was included in the beginning balance of contract liabilities						(1,936)
Additional amounts recognized during period						3,242
Ending balance						$	13,313

Disaggregation of Revenue

The following table presents the Company’s revenues disaggregated by revenue source:

						Nine Months Ended September 30,
						2020						2019
Revenue by Source						(amounts in thousands)
Spot revenues						$	488,891					$	805,161
Digital revenues						131,188						98,430
Network revenues						56,889						56,260
Sponsorships and event revenues						32,871						61,684
Other revenues						31,564						54,276
Net revenues						$	741,403					$	1,075,811

						Three Months Ended September 30,
						2020						2019
Revenue by Source						(amounts in thousands)
Spot revenues						$	183,011					$	288,927
Digital revenues						47,337						33,473
Network revenues						18,908						23,035
Sponsorships and event revenues						8,776						22,470
Other revenues						10,473						18,236
Net revenues						$	268,505					$	386,141

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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- References

No definition available.

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