10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001144204-16-132730`
Period End Date	20160930
Filing Date	20161109
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	salm-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 120 Cash Flow Statement 116

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`	$11.42M	USD	Point-in-time
Other Receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$371.00K	USD	Point-in-time
Other Receivables	`AllowanceForDoubtfulOtherReceivablesCurrent`	$262.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$2.15M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $13,479 in 2015 and $11,423 in 2016)	`AccountsReceivableNetCurrent`	$36.03M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$582.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $13,479 in 2015 and $11,423 in 2016)	`AccountsReceivableNetCurrent`	$36.44M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$528.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$162.38M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$152.98M	USD	Point-in-time
Other receivables (net of allowances of $371 in 2015 and $262 in 2016)	`OtherReceivablesNetCurrent`	$1.00M	USD	Point-in-time
Other receivables (net of allowances of $371 in 2015 and $262 in 2016)	`OtherReceivablesNetCurrent`	$1.98M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$39.45M	USD	Point-in-time
Inventories (net of reserves of $1,855 in 2015 and $2,150 in 2016)	`InventoryNet`	$893.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$43.13M	USD	Point-in-time
Inventories (net of reserves of $1,855 in 2015 and $2,150 in 2016)	`InventoryNet`	$746.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.29M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.00M	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`	$1.00M	USD	Point-in-time
Assets held for sale	`LandAvailableForSale`	$1.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$56.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$56.09M	USD	Point-in-time
Notes receivable (net of allowances of $528 in 2015 and $582 in 2016)	`NotesAndLoansReceivableNetNoncurrent`	$173.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Notes receivable (net of allowances of $528 in 2015 and $582 in 2016)	`NotesAndLoansReceivableNetNoncurrent`	$96.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Property and equipment (net of accumulated depreciation of $162,382 in 2015 and $152,982 in 2016)	`PropertyPlantAndEquipmentNet`	$103.32M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $162,382 in 2015 and $152,982 in 2016)	`PropertyPlantAndEquipmentNet`	$105.48M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$394.04M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$393.03M	USD	Point-in-time
Goodwill	`Goodwill`	$25.72M	USD	Point-in-time
Goodwill	`Goodwill`	$24.56M	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 $43,127 in 2016)	`FiniteLivedIntangibleAssetsNet`	$15.69M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $39,454 in 2015 and $43,127 in 2016)	`FiniteLivedIntangibleAssetsNet`	$11.48M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$99.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$151.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.18M	USD	Point-in-time
Total assets	`Assets`	$595.01M	USD	Point-in-time
Total assets	`Assets`	$599.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.65M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.30M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.30M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$10.42M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$44.00K	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`	$10.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$179.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$73.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.68M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.65M	USD	Point-in-time
Long-term debt and capital lease obligations, less unamortized discount and debt issuance costs, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$265.37M	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`	$798.00K	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$2.12M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$57.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$62.77M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$14.83M	USD	Point-in-time
Deferred revenue, less current portion	`DeferredRevenueNoncurrent`	$13.93M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$34.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$636.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$386.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$385.19M	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`	$243.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$241.78M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$2.67M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.77M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2015 and September 30, 2016)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2015 and September 30, 2016)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$209.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$212.41M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$595.01M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$599.07M	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$51.05M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$145.61M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$149.77M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$49.45M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$11.13M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$32.86M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$12.00M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$34.06M	USD	3 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$6.91M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$19.80M	USD	3 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$8.22M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$18.17M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$196.64M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$203.63M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.54M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$37.43M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$104.96M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$67.49M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$71.27M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$109.45M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.21M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.15M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.93M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $366 and $412 for the three months ended September 30, 2015 and 2016, respectively, and $1,096 and $1,231 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.54M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $366 and $412 for the three months ended September 30, 2015 and 2016, respectively, and $1,096 and $1,231 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$37.43M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $366 and $412 for the three months ended September 30, 2015 and 2016, respectively, and $1,096 and $1,231 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$104.96M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $366 and $412 for the three months ended September 30, 2015 and 2016, respectively, and $1,096 and $1,231 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`BroadcastExpensesNet`	$109.45M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.63M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$9.17M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$26.08M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$26.82M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$17.93M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.97M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$8.02M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$19.95M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $0 and $147 for the three months ended September 30, 2015 and 2016, respectively, and $69 and $254 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $0 and $147 for the three months ended September 30, 2015 and 2016, respectively, and $69 and $254 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$11.21M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $0 and $147 for the three months ended September 30, 2015 and 2016, respectively, and $69 and $254 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.15M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $0 and $147 for the three months ended September 30, 2015 and 2016, respectively, and $69 and $254 for the nine months ended September 30, 2015 and 2016, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$11.93M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$9.37M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$8.95M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.14M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$2.98M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.33M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.34M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$3.97M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$3.67M	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-603.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-458.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-196.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-792.00K	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$700.00K	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.01M	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$3.00K	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-156.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$457.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$62.44M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$179.01M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$172.88M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$58.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.76M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$24.62M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$11.58M	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.25M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.73M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.90M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$856.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.49M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.32M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.51M	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	3 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$7.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$8.00K	USD	3 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$7.00K	USD	3 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.67M	USD	3 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.96M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.02M	USD	3 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.39M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.76M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.12M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Basic earnings per share Class A and Class B common stock	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Basic earnings per share Class A and Class B common stock	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic earnings per share Class A and Class B common stock	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic earnings per share Class A and Class B common stock	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Diluted earnings Class A and Class B common stock	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted earnings Class A and Class B common stock	`EarningsPerShareDiluted`	$0.23	USD	3 Qtrs
Diluted earnings Class A and Class B common stock	`EarningsPerShareDiluted`	$0.23	USD	3 Qtrs
Diluted earnings Class A and Class B common stock	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Distributions per share Class A and Class B common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share Class A and Class B common stock	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	3 Qtrs
Distributions per share Class A and Class B common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share Class A and Class B common stock	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	3 Qtrs
Basic weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.41M	shares	3 Qtrs
Basic weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.62M	shares	3 Qtrs
Basic weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.82M	shares	1 Quarter
Basic weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.46M	shares	1 Quarter
Diluted weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.18M	shares	1 Quarter
Diluted weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.89M	shares	3 Qtrs
Diluted weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.91M	shares	1 Quarter
Diluted weighted average Class A and Class B shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.01M	shares	3 Qtrs

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperations`	$5.90M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperations`	$5.89M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$458.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$170.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$134.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$657.00K	USD	3 Qtrs
Tax benefit related to stock options exercised	`DeferredIncomeTaxesAndTaxCredits`	$264.00K	USD	3 Qtrs
Tax benefit related to stock options exercised	`DeferredIncomeTaxesAndTaxCredits`	$114.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.34M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.62M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$471.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$475.00K	USD	3 Qtrs
Accretion of discount on Term Loan B	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-140.00K	USD	3 Qtrs
Accretion of discount on Term Loan B	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-155.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$286.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$55.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.75M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$688.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.68M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.49M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$856.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.49M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.32M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.51M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-603.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-458.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-196.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-792.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$1.20M	USD	Point-in-time
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$700.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$5.60M	USD	Point-in-time
Impairment of long-lived assets	`ImpairmentChargesLandHeldForSale`	$700.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.01M	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$3.00K	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-156.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$457.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.63M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.90M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$487.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-147.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.04M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$718.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.46M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.14M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-801.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-6.70M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$448.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-154.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$106.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$25.43M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$26.51M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$7.24M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$6.32M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$486.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and non-cash transactions from trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$2.73M	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$228.00K	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$112.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$8.69M	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$718.00K	USD	3 Qtrs
Purchases of publishing businesses assets	`PaymentsToAcquireProductiveAssets`	-	USD	3 Qtrs
Purchases of publishing businesses assets	`PaymentsToAcquireProductiveAssets`	$3.32M	USD	3 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$10.00K	USD	3 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$3.15M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$429.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$398.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.39M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-22.60M	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfDebtExtinguishmentCosts`	$1.19M	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfDebtExtinguishmentCosts`	$99.00K	USD	3 Qtrs
Payments of deferred installments on acquisitions	`PaymentsOfLoanCosts`	$3.42M	USD	3 Qtrs
Payments of deferred installments on acquisitions	`PaymentsOfLoanCosts`	$935.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$314.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$969.00K	USD	3 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$80.00K	USD	3 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$87.00K	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.60M	USD	Point-in-time
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$5.00M	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$4.96M	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$1.91M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$734.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.68M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.13M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$153.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.00K	USD	3 Qtrs
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$186.00K	USD	Point-in-time
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 end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$186.00K	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 paid for interest, net of capitalized interest	`InterestPaid`	$10.64M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$10.68M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$327.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$67.00K	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$4.70M	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$3.89M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$3.73M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$4.36M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$2.71M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$486.00K	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	-	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$20.00K	USD	3 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	-	USD	3 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$300.00K	USD	3 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	-	USD	3 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	$1.57M	USD	3 Qtrs

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