v3.24.1

REVENUE (Tables)

12 Months Ended

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

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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

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