v3.24.1

REVENUE (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Assets and Liabilities | The following table presents the amounts of unearned revenues as of the periods indicated:
|  |  |  | As of December 31,
Unearned Revenues |  | Balance Sheet Location |  | 2023 |  | 2022
|  |  |  | (amounts in thousands)
Current |  | Other current liabilities |  | $ | 10,990 |  |  | $ | 13,687 |
Long-term |  | Other long-term liabilities |  | $ | 1,257 |  |  | $ | 403 |
|  | As of December 31,
Description |  | 2023 |  | 2022
|  | (amounts in thousands)
Receivables, included in “Accounts receivable net of allowance for doubtful accounts” |  | $ | 256,466 |  |  | $ | 260,509 |
Unearned revenue - current |  | 10,990 |  |  | 13,687 |
Unearned revenue - noncurrent |  | 1,257 |  |  | 403 |
Summary of Change in Contract Assets and Liabilities | Significant changes in the contract liabilities balances during the period are as follows:
Unearned Revenue |  | Year Ended December 31, 2023
|  | (amounts in thousands)
Beginning balance on January 1, 2023 |  | $ | 14,090 |
Revenue recognized during the period that was included in the beginning balance of contract liabilities |  | (12,950) |
Additions, net of revenue recognized during period |  | 11,107 |
Ending balance |  | $ | 12,247 |
Schedule of Disaggregation of Revenue | The following table presents the Company’s revenues disaggregated by revenue source:
|  | Year Ended December 31.
Revenue by Source |  | 2023 |  | 2022 |  |
|  | (amounts in thousands)
Spot revenues |  | $ | 714,332 |  |  | $ | 798,006 |  |  |
Digital revenues |  | 260,476 |  |  | 259,135 |  |  |
Network revenues |  | 85,471 |  |  | 89,897 |  |  |
Sponsorships and event revenues |  | 60,904 |  |  | 60,074 |  |  |
Other revenues |  | 47,756 |  |  | 46,552 |  |  |
Net revenues |  | $ | 1,168,939 |  |  | $ | 1,253,664 |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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