10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-463172`
Period End Date	20120930
Filing Date	20121109
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	salm-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 131 Cash Flow Statement 108

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.30M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.02M	USD	Point-in-time
Notes receivable, allowance for doubtful accounts	`AllowanceForNotesAndLoansReceivableNoncurrent`	$100.00K	USD	Point-in-time
Notes receivable, allowance for doubtful accounts	`AllowanceForNotesAndLoansReceivableNoncurrent`	$615.00K	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$125.71M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$133.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$828.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$24.44M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$110.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$22.82M	USD	Point-in-time
Trade accounts receivable (less allowance for doubtful accounts of $9,300 in 2011 and $9,020 in 2012)	`AccountsReceivableNetCurrent`	$33.17M	USD	Point-in-time
Trade accounts receivable (less allowance for doubtful accounts of $9,300 in 2011 and $9,020 in 2012)	`AccountsReceivableNetCurrent`	$31.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$888.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$376.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.90M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.40M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.40M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$2.90M	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.00K	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$102.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$41.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$47.58M	USD	Point-in-time
Notes receivable (less allowance for doubtful accounts of $100 in 2011 and $615 in 2012) less current portion	`NotesAndLoansReceivableNetNoncurrent`	$1.46M	USD	Point-in-time
Notes receivable (less allowance for doubtful accounts of $100 in 2011 and $615 in 2012) less current portion	`NotesAndLoansReceivableNetNoncurrent`	$1.46M	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $125,708 in 2011 and $133,631 in 2012)	`PropertyPlantAndEquipmentNet`	$100.67M	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $125,708 in 2011 and $133,631 in 2012)	`PropertyPlantAndEquipmentNet`	$111.22M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$371.42M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$373.72M	USD	Point-in-time
Goodwill	`Goodwill`	$20.09M	USD	Point-in-time
Goodwill	`Goodwill`	$21.33M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$1.96M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$1.96M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $22,817 in 2011 and $24,442 in 2012)	`IntangibleAssetsNetExcludingGoodwill`	$6.48M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $22,817 in 2011 and $24,442 in 2012)	`IntangibleAssetsNetExcludingGoodwill`	$6.47M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$4.38M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$5.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.51M	USD	Point-in-time
Total assets	`Assets`	$559.08M	USD	Point-in-time
Total assets	`Assets`	$561.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.57M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$5.59M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$5.54M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.43M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$6.79M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.13M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$6.39M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.52M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.15M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$205.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$168.00K	USD	Point-in-time
Subordinated debt due to related parties	`DueToRelatedPartiesCurrent`	$9.00M	USD	Point-in-time
Subordinated debt due to related parties	`DueToRelatedPartiesCurrent`	$15.00M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.12M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$124.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.88M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$265.68M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$250.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.66M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$48.08M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$7.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$8.09M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$29.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$29.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$358.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$355.11M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$233.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$231.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.82M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2011 and September 30, 2012)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2011 and September 30, 2012)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$203.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$203.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$559.08M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$561.31M	USD	Point-in-time

Income Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$132.93M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$45.90M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$136.22M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$44.79M	USD	1 Quarter
Net Internet revenue	`InternetRevenue`	$6.69M	USD	1 Quarter
Net Internet revenue	`InternetRevenue`	$19.17M	USD	3 Qtrs
Net Internet revenue	`InternetRevenue`	$7.80M	USD	1 Quarter
Net Internet revenue	`InternetRevenue`	$23.27M	USD	3 Qtrs
Net publishing revenue	`PublishingRevenue`	$3.02M	USD	1 Quarter
Net publishing revenue	`PublishingRevenue`	$9.14M	USD	3 Qtrs
Net publishing revenue	`PublishingRevenue`	$9.01M	USD	3 Qtrs
Net publishing revenue	`PublishingRevenue`	$3.02M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$56.72M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$54.50M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$29.20M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$90.29M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$168.63M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$161.11M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$30.63M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$86.05M	USD	3 Qtrs
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$14.31M	USD	3 Qtrs
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.29M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$13.04M	USD	3 Qtrs
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.64M	USD	1 Quarter
Interest expense, related parties	`InterestExpenseRelatedParty`	$124.00K	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $324 and $334 for the three months ended September 30, 2011 and 2012, respectively, and $972 and $993 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`BroadcastExpensesNet`	$29.20M	USD	1 Quarter
Interest expense, related parties	`InterestExpenseRelatedParty`	$238.00K	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $324 and $334 for the three months ended September 30, 2011 and 2012, respectively, and $972 and $993 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`BroadcastExpensesNet`	$90.29M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $324 and $334 for the three months ended September 30, 2011 and 2012, respectively, and $972 and $993 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`BroadcastExpensesNet`	$30.63M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $324 and $334 for the three months ended September 30, 2011 and 2012, respectively, and $972 and $993 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`BroadcastExpensesNet`	$86.05M	USD	3 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$17.86M	USD	3 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$15.46M	USD	3 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$5.83M	USD	1 Quarter
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$5.08M	USD	1 Quarter
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$8.95M	USD	3 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$8.54M	USD	3 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$2.98M	USD	1 Quarter
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$2.89M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $53 and $35 for the three months ended September 30, 2011 and 2012, and $379 and $235 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$14.31M	USD	3 Qtrs
Corporate expenses exclusive of depreciation and amortization shown below (including $53 and $35 for the three months ended September 30, 2011 and 2012, and $379 and $235 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.29M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $53 and $35 for the three months ended September 30, 2011 and 2012, and $379 and $235 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$13.04M	USD	3 Qtrs
Corporate expenses exclusive of depreciation and amortization shown below (including $53 and $35 for the three months ended September 30, 2011 and 2012, and $379 and $235 for the nine months ended September 30, 2011 and 2012, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.64M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$3.10M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$9.40M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.08M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$9.15M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$1.62M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$633.00K	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$494.00K	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.83M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	3 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-587.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-32.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-563.00K	USD	3 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$4.34M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$129.98M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$148.36M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$48.24M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$45.22M	USD	1 Quarter
Operating income (loss) from continuing operations	`OperatingIncomeLoss`	$31.12M	USD	3 Qtrs
Operating income (loss) from continuing operations	`OperatingIncomeLoss`	$20.27M	USD	3 Qtrs
Operating income (loss) from continuing operations	`OperatingIncomeLoss`	$9.29M	USD	1 Quarter
Operating income (loss) from continuing operations	`OperatingIncomeLoss`	$8.48M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$154.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$24.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$57.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$83.00K	USD	3 Qtrs
Interest expense (including $124 and $238 respectively, for the three and nine months ended September 30, 2012 on related party debt).	`InterestExpense`	$21.12M	USD	3 Qtrs
Interest expense (including $124 and $238 respectively, for the three and nine months ended September 30, 2012 on related party debt).	`InterestExpense`	$6.13M	USD	1 Quarter
Interest expense (including $124 and $238 respectively, for the three and nine months ended September 30, 2012 on related party debt).	`InterestExpense`	$18.79M	USD	3 Qtrs
Interest expense (including $124 and $238 respectively, for the three and nine months ended September 30, 2012 on related party debt).	`InterestExpense`	$6.83M	USD	1 Quarter
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-305.00K	USD	1 Quarter
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.40M	USD	3 Qtrs
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$60.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$71.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-20.00K	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.74M	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$745.00K	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.21M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.44M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.77M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$526.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-971.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.40M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$3.41M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$5.33M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$1.69M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$2.51M	USD	3 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-204.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-39.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-161.00K	USD	3 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-94.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.42M	USD	3 Qtrs
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.14	USD	1 Quarter
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.07	USD	1 Quarter
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.22	USD	3 Qtrs
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.10	USD	3 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.10	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.21	USD	3 Qtrs
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.07	USD	1 Quarter
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.10	USD	3 Qtrs
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.14	USD	1 Quarter
Earnings per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.22	USD	3 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.10	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.21	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	Point-in-time
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	Point-in-time
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	3 Qtrs
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	Point-in-time
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.53M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.66M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.55M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.45M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.89M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.75M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.36M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.67M	shares	3 Qtrs

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$3.41M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$5.33M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$1.69M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$2.51M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$995.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$165.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$12.42M	USD	3 Qtrs
Interest paid	`InterestPaid`	$13.94M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$299.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$646.00K	USD	3 Qtrs
Excess tax benefit from stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$29.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.78M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.23M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$970.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.25M	USD	3 Qtrs
Amortization and accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-134.00K	USD	3 Qtrs
Amortization and accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-140.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$2.10M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.86M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.04M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.32M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	3 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-587.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-32.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-563.00K	USD	3 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$4.34M	USD	3 Qtrs
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-305.00K	USD	1 Quarter
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.40M	USD	3 Qtrs
Loss on early redemption of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.58M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.39M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$509.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.31M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.97M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.47M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.75M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-182.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.80M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-203.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-37.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$26.23M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$22.36M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.93M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.41M	USD	3 Qtrs
Deposits on radio station acquisitions and equipment	`PaymentsForProceedsFromOtherDeposits`	$250.00K	USD	3 Qtrs
Deposits on radio station acquisitions and equipment	`PaymentsForProceedsFromOtherDeposits`	$-248.00K	USD	3 Qtrs
Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-100.00K	USD	3 Qtrs
Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-110.00K	USD	3 Qtrs
Purchases radio stations and broadcast assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.33M	USD	3 Qtrs
Purchases radio stations and broadcast assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$550.00K	USD	3 Qtrs
Purchases of Internet businesses and assets	`PaymentsToAcquireBusinessesGross`	$-6.00M	USD	3 Qtrs
Purchases of Internet businesses and assets	`PaymentsToAcquireBusinessesGross`	$-3.17M	USD	3 Qtrs
Proceeds from the disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$768.00K	USD	3 Qtrs
Proceeds from the disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$12.74M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$110.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$587.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$24.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.38M	USD	3 Qtrs
Payments of costs related to bank credit facilities	`PaymentsOfLoanCosts`	$148.00K	USD	3 Qtrs
Payments of costs related to bank credit facilities	`PaymentsOfLoanCosts`	$52.00K	USD	3 Qtrs
Payments of bond issue costs	`PaymentsOfDebtIssuanceCosts`	$43.00K	USD	3 Qtrs
Payment of bond premium in connection with early redemption	`PaymentOfPremiumsForDebtExtinguishment`	$525.00K	USD	3 Qtrs
Payment of bond premium in connection with early redemption	`PaymentOfPremiumsForDebtExtinguishment`	$669.00K	USD	3 Qtrs
Payments to redeem 95/8% Notes	`RepaymentsOfSeniorDebt`	$22.50M	USD	3 Qtrs
Payments to redeem 95/8% Notes	`RepaymentsOfSeniorDebt`	$17.50M	USD	3 Qtrs
Proceeds from borrowings under bank credit facility and subordinated debt	`ProceedsFromLinesOfCredit`	$108.93M	USD	3 Qtrs
Proceeds from borrowings under bank credit facility and subordinated debt	`ProceedsFromLinesOfCredit`	$52.70M	USD	3 Qtrs
Payments on bank credit facility	`RepaymentsOfLinesOfCredit`	$101.81M	USD	3 Qtrs
Payments on bank credit facility	`RepaymentsOfLinesOfCredit`	$57.20M	USD	3 Qtrs
Proceeds from lines of credits due to related parties	`ProceedsFromRelatedPartyDebt`	$18.00M	USD	3 Qtrs
Payments under lines of credits due to related parties	`RepaymentsOfRelatedPartyDebt`	$12.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$19.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$68.00K	USD	3 Qtrs
Excess tax benefit from stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$29.00K	USD	3 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$86.00K	USD	3 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$93.00K	USD	3 Qtrs
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$900.00K	USD	Point-in-time
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$900.00K	USD	Point-in-time
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$2.56M	USD	3 Qtrs
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$900.00K	USD	Point-in-time
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$1.09M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-2.21M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-26.71M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-9.85M	USD	3 Qtrs
Operating cash flows	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-242.00K	USD	3 Qtrs
Investing cash flows	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-106.00K	USD	3 Qtrs
Net cash inflows (outflows) from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-348.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-809.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$128.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$195.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$828.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$195.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$828.00K	USD	Point-in-time
Interest (including $150 paid to related parties during the nine months ending September 30, 2012)	`InterestPaid`	$12.42M	USD	3 Qtrs
Interest (including $150 paid to related parties during the nine months ending September 30, 2012)	`InterestPaid`	$13.94M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$251.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$250.00K	USD	3 Qtrs
Trade Revenue	`SupplementalNoncashTradeRevenue`	$4.09M	USD	3 Qtrs
Trade Revenue	`SupplementalNoncashTradeRevenue`	$4.01M	USD	3 Qtrs
Trade Expense	`SupplementalNoncashTradeExpense`	$4.01M	USD	3 Qtrs
Trade Expense	`SupplementalNoncashTradeExpense`	$3.44M	USD	3 Qtrs
Note receivable acquired in exchange for radio station	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$1.00M	USD	3 Qtrs
Assets acquired under capital leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$8.00K	USD	3 Qtrs
Assets acquired under capital leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$27.00K	USD	3 Qtrs

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