10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-302889`
Period End Date	20140630
Filing Date	20140808
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	salm-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 140 Cash Flow Statement 106

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.95M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.81M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$2.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$548.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$1.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Trade accounts receivable (net of allowance for doubtful accounts of $10,809 in 2013 and $12,950 in 2014)	`AccountsReceivableNetCurrent`	$37.63M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$150.16M	USD	Point-in-time
Trade accounts receivable (net of allowance for doubtful accounts of $10,809 in 2013 and $12,950 in 2014)	`AccountsReceivableNetCurrent`	$35.46M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$145.22M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$720.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$31.07M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$2.99M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$27.93M	USD	Point-in-time
Inventories (net of reserves of $2,747 in 2014)	`InventoryNet`	$740.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.05M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.88M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$1.70M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$1.70M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$54.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$51.05M	USD	Point-in-time
Notes receivable (net of allowance of $548 in 2013 and $1,018 in 2014)	`NotesAndLoansReceivableNetNoncurrent`	$1.87M	USD	Point-in-time
Notes receivable (net of allowance of $548 in 2013 and $1,018 in 2014)	`NotesAndLoansReceivableNetNoncurrent`	$405.00K	USD	Point-in-time
Fair value of interest rate swap	`DerivativeFairValueOfDerivativeAsset`	$3.18M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeFairValueOfDerivativeAsset`	$708.00K	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $145,215 in 2013 and $150,164 in 2014)	`PropertyPlantAndEquipmentNet`	$101.47M	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $145,215 in 2013 and $150,164 in 2014)	`PropertyPlantAndEquipmentNet`	$98.93M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$385.55M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$381.84M	USD	Point-in-time
Goodwill	`Goodwill`	$22.37M	USD	Point-in-time
Goodwill	`Goodwill`	$24.73M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$868.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$868.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $27,933 in 2013 and $31,070 in 2014)	`IntangibleAssetsNetExcludingGoodwill`	$15.40M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $27,933 in 2013 and $31,070 in 2014)	`IntangibleAssetsNetExcludingGoodwill`	$8.79M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$4.13M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$3.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.98M	USD	Point-in-time
Total assets	`Assets`	$589.00M	USD	Point-in-time
Total assets	`Assets`	$575.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$7.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.78M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$6.91M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$9.70M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$37.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$404.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$12.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$9.72M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$104.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$142.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.54M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.18M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$287.67M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$287.72M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$43.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$44.10M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$9.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$10.55M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$452.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$386.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$373.33M	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`	$237.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$239.56M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.06M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.33M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2013 and June 30, 2014)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2013 and June 30, 2014)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$202.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$201.78M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$589.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$575.11M	USD	Point-in-time

Income Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$47.85M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$93.43M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$47.02M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$90.27M	USD	2 Qtrs
Net Internet revenue	`NetInternetRevenue`	$19.62M	USD	2 Qtrs
Net Internet revenue	`NetInternetRevenue`	$14.39M	USD	1 Quarter
Net Internet revenue	`NetInternetRevenue`	$9.91M	USD	1 Quarter
Net Internet revenue	`NetInternetRevenue`	$27.30M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$3.21M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$6.39M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$5.87M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$10.24M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$130.97M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$115.76M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$60.14M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$68.64M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $359 and $364 for the three months ended June 30, 2013 and 2014, respectively, and $711 and $723 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`BroadcastExpensesNet`	$33.91M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$33.91M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $359 and $364 for the three months ended June 30, 2013 and 2014, respectively, and $711 and $723 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`BroadcastExpensesNet`	$65.10M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$65.10M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $359 and $364 for the three months ended June 30, 2013 and 2014, respectively, and $711 and $723 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`BroadcastExpensesNet`	$60.41M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$60.41M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $359 and $364 for the three months ended June 30, 2013 and 2014, respectively, and $711 and $723 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`BroadcastExpensesNet`	$30.84M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$30.84M	USD	1 Quarter
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$13.73M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$19.88M	USD	2 Qtrs
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$12.29M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$10.06M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$5.09M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$5.46M	USD	1 Quarter
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$6.89M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$10.89M	USD	2 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$3.45M	USD	1 Quarter
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.47M	USD	2 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.44M	USD	1 Quarter
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$10.86M	USD	2 Qtrs
Corporate expenses exclusive of depreciation and amortization shown below (including $25 and $5 for the three months ended June 30, 2013 and 2014, respectively, and $160 and $176 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$12.29M	USD	2 Qtrs
Corporate expenses exclusive of depreciation and amortization shown below (including $25 and $5 for the three months ended June 30, 2013 and 2014, respectively, and $160 and $176 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$5.09M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $25 and $5 for the three months ended June 30, 2013 and 2014, respectively, and $160 and $176 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$5.46M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $25 and $5 for the three months ended June 30, 2013 and 2014, respectively, and $160 and $176 for the six months ended June 30, 2013 and 2014, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$10.89M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$6.22M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.10M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.30M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.17M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.38M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$3.14M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$1.53M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$688.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$242.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$369.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-1.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-338.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-221.00K	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$50.85M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$99.89M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$118.15M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$61.15M	USD	1 Quarter
Net operating income (loss) from continuing operations	`OperatingIncomeLoss`	$7.49M	USD	1 Quarter
Net operating income (loss) from continuing operations	`OperatingIncomeLoss`	$9.29M	USD	1 Quarter
Net operating income (loss) from continuing operations	`OperatingIncomeLoss`	$15.87M	USD	2 Qtrs
Net operating income (loss) from continuing operations	`OperatingIncomeLoss`	$12.82M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$36.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$26.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$41.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$15.00K	USD	1 Quarter
Interest expense including $0 and $154, respectively, for the three and six months ended June 30, 2013, paid to related parties.	`InterestExpense`	$3.72M	USD	1 Quarter
Interest expense including $0 and $154, respectively, for the three and six months ended June 30, 2013, paid to related parties.	`InterestExpense`	$4.07M	USD	1 Quarter
Interest expense including $0 and $154, respectively, for the three and six months ended June 30, 2013, paid to related parties.	`InterestExpense`	$9.44M	USD	2 Qtrs
Interest expense including $0 and $154, respectively, for the three and six months ended June 30, 2013, paid to related parties.	`InterestExpense`	$7.85M	USD	2 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.47M	USD	2 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$4.01M	USD	1 Quarter
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$3.58M	USD	2 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.37M	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.78M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-55.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$14.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$11.00K	USD	2 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$80.00K	USD	2 Qtrs
Net income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.72M	USD	2 Qtrs
Net income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.62M	USD	2 Qtrs
Net income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.54M	USD	1 Quarter
Net income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.09M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-925.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$4.35M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-4.33M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-827.00K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$5.21M	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$1.26M	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$1.69M	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-13.38M	USD	2 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-15.00K	USD	2 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-4.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.39M	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.05	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.07	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.54	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.20	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.07	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.54	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.05	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.20	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.54	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.07	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.54	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.07	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.68M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.74M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.12M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.17M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.92M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.95M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.68M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.62M	shares	1 Quarter

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Debt, interest rate	`DebtInstrumentInterestRateStatedPercentage`	0.10	pure	Point-in-time
Debt, interest rate	`DebtInstrumentInterestRateStatedPercentage`	0.10	pure	Point-in-time
Cash paid for interest, capitalized interest paid to related parties	`InterestPaidToRelatedParty`	$296.00K	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$5.21M	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$1.26M	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$1.69M	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-13.38M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$351.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$329.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.17M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$932.00K	USD	2 Qtrs
Tax benefit related to stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-77.00K	USD	2 Qtrs
Tax benefit related to stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-113.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.43M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.61M	USD	2 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$511.00K	USD	2 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$344.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$540.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.51M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.52M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.58M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$648.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.47M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$4.01M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$3.58M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.37M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$242.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$369.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.78M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-55.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-1.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-338.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-221.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$278.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.02M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$793.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$407.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.51M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.88M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.04M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.73M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-767.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-137.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-38.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$11.91M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.23M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.12M	USD	2 Qtrs
Cash escrow deposits (paid) released related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$-370.00K	USD	2 Qtrs
Cash escrow deposits (paid) released related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$50.00K	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$4.56M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.00M	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$162.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$228.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.86M	USD	2 Qtrs
Payments to redeem Terminated 95/8% Notes	`RepaymentsOfSeniorDebt`	$213.50M	USD	2 Qtrs
Payment of bond premium in connection with early redemptions and repurchases of Terminated 95/8% Notes	`EarlyRepaymentOfSeniorDebt`	$22.68M	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$4.36M	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$14.00K	USD	2 Qtrs
Proceeds from borrowings under terminated credit facilities and subordinated debt	`ProceedsFromLinesOfCredit`	$46.75M	USD	2 Qtrs
Payments under terminated credit facilities and subordinated debt	`RepaymentsOfLinesOfCredit`	$87.22M	USD	2 Qtrs
Payments to Terminated Subordinated Debt due to Related Parties	`RepaymentsOfRelatedPartyDebt`	$15.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$975.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$583.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$63.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$62.00K	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$2.47M	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$2.96M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-269.00K	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$875.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.18M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.90M	USD	2 Qtrs
Operating cash flows	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-15.00K	USD	2 Qtrs
Net cash outflows from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-15.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-307.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest (including $296 paid to related parties for the six months ending June 30, 2013)	`InterestPaid`	$6.68M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest (including $296 paid to related parties for the six months ending June 30, 2013)	`InterestPaid`	$9.84M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$245.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$238.00K	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$3.52M	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$2.53M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$3.38M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$2.06M	USD	2 Qtrs
Seller financed note due directly to seller of station assets	`NotesIssued1`	$2.00M	USD	2 Qtrs
Present value of advertising credits payable	`NetPresentValueOfAdvertisingCreditsPayable`	$2.43M	USD	2 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$2.05M	USD	2 Qtrs
Deferred payments due 2014 under asset purchase agreement	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$300.00K	USD	2 Qtrs

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