10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001144204-16-116834`
Period End Date	20160630
Filing Date	20160805
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	salm-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 120 Cash Flow Statement 115

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.48M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.29M	USD	Point-in-time
Other Receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$110.00K	USD	Point-in-time
Other Receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$217.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$2.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$528.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $13,479 in 2015 and $11,287 in 2016)	`AccountsReceivableNetCurrent`	$33.09M	USD	Point-in-time
Trade accounts receivable (net of allowances of $13,479 in 2015 and $11,287 in 2016)	`AccountsReceivableNetCurrent`	$36.03M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$607.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$162.38M	USD	Point-in-time
Other receivables (net of allowances of $217 in 2015 and $110 in 2016)	`OtherReceivablesNetCurrent`	$830.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$160.60M	USD	Point-in-time
Other receivables (net of allowances of $217 in 2015 and $110 in 2016)	`OtherReceivablesNetCurrent`	$1.98M	USD	Point-in-time
Inventories (net of reserves of $1,855 in 2015 and $2,161 in 2016)	`InventoryNet`	$893.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$39.45M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$41.78M	USD	Point-in-time
Inventories (net of reserves of $1,855 in 2015 and $2,161 in 2016)	`InventoryNet`	$903.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.32M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.81M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.81M	USD	Point-in-time
Assets held for sale	`LandAvailableForSale`	$1.70M	USD	Point-in-time
Assets held for sale	`LandAvailableForSale`	$1.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$56.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$52.00M	USD	Point-in-time
Notes receivable (net of allowances of $528 in 2015 and $607 in 2016)	`NotesAndLoansReceivableNetNoncurrent`	$154.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Notes receivable (net of allowances of $528 in 2015 and $607 in 2016)	`NotesAndLoansReceivableNetNoncurrent`	$173.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $162,382 in 2015 and $160,604 in 2016)	`PropertyPlantAndEquipmentNet`	$104.56M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $162,382 in 2015 and $160,604 in 2016)	`PropertyPlantAndEquipmentNet`	$105.48M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$393.03M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$393.57M	USD	Point-in-time
Goodwill	`Goodwill`	$24.56M	USD	Point-in-time
Goodwill	`Goodwill`	$24.79M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$833.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$833.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $39,454 in 2015 and $41,785 in 2016)	`FiniteLivedIntangibleAssetsNet`	$11.48M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $39,454 in 2015 and $41,785 in 2016)	`FiniteLivedIntangibleAssetsNet`	$13.22M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$116.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$151.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.50M	USD	Point-in-time
Total assets	`Assets`	$595.01M	USD	Point-in-time
Total assets	`Assets`	$592.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.61M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.69M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.30M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.27M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$47.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$16.00K	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$13.13M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$10.67M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$73.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$128.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.66M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.85M	USD	Point-in-time
Long-term debt and capital lease obligations, less unamortized discount and debt issuance costs, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$266.38M	USD	Point-in-time
Long-term debt and capital lease obligations, less unamortized discount and debt issuance costs, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$269.09M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$2.98M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$798.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$59.26M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$57.08M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$14.90M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$13.93M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$636.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$385.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$381.40M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$242.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$241.78M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.77M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$2.16M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2015 and June 30, 2016)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2015 and June 30, 2016)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$209.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$210.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$595.01M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$592.34M	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$49.06M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$95.60M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$98.18M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$49.71M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$11.50M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$11.31M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$22.59M	USD	2 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$22.29M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$11.58M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$6.76M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$11.26M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$6.73M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$129.15M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$67.78M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$132.35M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.71M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.19M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$71.70M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$67.29M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$69.10M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$7.78M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.57M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$7.51M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $365 and $402 for the three months ended June 30, 2015 and 2016, respectively, and $730 and $810 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.71M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $365 and $402 for the three months ended June 30, 2015 and 2016, respectively, and $730 and $810 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.19M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $365 and $402 for the three months ended June 30, 2015 and 2016, respectively, and $730 and $810 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$71.70M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $365 and $402 for the three months ended June 30, 2015 and 2016, respectively, and $730 and $810 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$69.10M	USD	2 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.77M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.78M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$17.77M	USD	2 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$17.97M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.47M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$11.93M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.98M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$10.97M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $36 and $9 for the three months ended June 30, 2015 and 2016, respectively, and $69 and $107 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$7.78M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $36 and $9 for the three months ended June 30, 2015 and 2016, respectively, and $69 and $107 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $36 and $9 for the three months ended June 30, 2015 and 2016, respectively, and $69 and $107 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.57M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $36 and $9 for the three months ended June 30, 2015 and 2016, respectively, and $69 and $107 for the six months ended June 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$7.51M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$5.97M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.06M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.23M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$2.98M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$2.33M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$1.19M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.31M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$2.64M	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-307.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-189.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-262.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-134.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$700.00K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$700.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-159.00K	USD	2 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$1.70M	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$1.55M	USD	2 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-30.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$58.04M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$58.08M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$114.19M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$116.57M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$9.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.96M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$15.79M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$9.70M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.73M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.53M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.68M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.87M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-423.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.18M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$444.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-976.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-14.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$7.00K	USD	2 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.07M	USD	2 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.27M	USD	2 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.83M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.55M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.36M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.45M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.82M	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.15	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.15	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.43M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.55M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.52M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.39M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.83M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.93M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.05M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.88M	shares	2 Qtrs

Cash Flow Statement 115 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperations`	$3.71M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperations`	$3.82M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$324.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$487.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$156.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$125.00K	USD	1 Quarter
Tax benefit related to stock options exercised	`DeferredIncomeTaxesAndTaxCredits`	$67.00K	USD	2 Qtrs
Tax benefit related to stock options exercised	`DeferredIncomeTaxesAndTaxCredits`	$112.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.31M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.88M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$318.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$314.00K	USD	2 Qtrs
Accretion of discount on Term Loan B	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-93.00K	USD	2 Qtrs
Accretion of discount on Term Loan B	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-103.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$38.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$160.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$911.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$268.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.18M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-423.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.18M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$444.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-976.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-307.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-189.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-262.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-134.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-14.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$1.20M	USD	Point-in-time
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$5.60M	USD	Point-in-time
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$700.00K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$700.00K	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-159.00K	USD	2 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$1.70M	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$1.55M	USD	2 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-30.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.32M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.08M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$272.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.19M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.67M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.44M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-5.21M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.36M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$327.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$55.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-154.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.95M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$19.72M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$5.05M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$4.21M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$947.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$448.00K	USD	2 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$225.00K	USD	2 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$19.00K	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.19M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$718.00K	USD	2 Qtrs
Purchases of publishing businesses assets	`PaymentsToAcquireProductiveAssets`	-	USD	2 Qtrs
Purchases of publishing businesses assets	`PaymentsToAcquireProductiveAssets`	$3.00K	USD	2 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$2.47M	USD	2 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$547.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$390.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.28M	USD	2 Qtrs
Payments of acquisition related contingent earn-out consideration	`PaymentsOfDebtExtinguishmentCosts`	$1.18M	USD	2 Qtrs
Payments of acquisition related contingent earn-out consideration	`PaymentsOfDebtExtinguishmentCosts`	$88.00K	USD	2 Qtrs
Payments of deferred installments on acquisitions	`PaymentsOfLoanCosts`	$3.07M	USD	2 Qtrs
Payments of deferred installments on acquisitions	`PaymentsOfLoanCosts`	$935.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$336.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$298.00K	USD	2 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$58.00K	USD	2 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$53.00K	USD	2 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$3.32M	USD	2 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$3.30M	USD	2 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.60M	USD	Point-in-time
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$978.00K	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-2.17M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-12.65M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.51M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$159.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-54.00K	USD	2 Qtrs
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$44.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$7.10M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$7.07M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$60.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$316.00K	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$3.19M	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$2.48M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.44M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.96M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$947.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$448.00K	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	-	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$11.00K	USD	2 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$300.00K	USD	2 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	-	USD	2 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	$1.30M	USD	2 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.