10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001499832-15-000044 |
| Period End Date | 20150331 |
| Filing Date | 20150507 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | tsq-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
Cash
|
$57.34M | USD | Point-in-time |
| Cash |
Cash
|
$45.65M | USD | Point-in-time |
| Cash |
Cash
|
$38.21M | USD | Point-in-time |
| Cash |
Cash
|
$24.46M | USD | Point-in-time |
| Accounts receivable, net of allowance of $3,350 and $3,302, respectively |
AccountsReceivableNetCurrent
|
$52.64M | USD | Point-in-time |
| Accounts receivable, net of allowance of $3,350 and $3,302, respectively |
AccountsReceivableNetCurrent
|
$61.15M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.55M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$9.26M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$100.11M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$93.17M | USD | Point-in-time |
| Allowance for Doubtful Accounts Receivable, Current |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$3.35M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$96.25M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$96.38M | USD | Point-in-time |
| Allowance for Doubtful Accounts Receivable, Current |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$3.30M | USD | Point-in-time |
| Debt Instrument, Unamortized Premium |
DebtInstrumentUnamortizedPremium
|
$7.20M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$505.77M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$505.84M | USD | Point-in-time |
| Debt Instrument, Unamortized Premium |
DebtInstrumentUnamortizedPremium
|
$6.78M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$245.47M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$242.30M | USD | Point-in-time |
| Deferred financing costs, net |
DeferredFinanceCostsNoncurrentNet
|
$9.06M | USD | Point-in-time |
| Deferred financing costs, net |
DeferredFinanceCostsNoncurrentNet
|
$9.64M | USD | Point-in-time |
| Investments |
EquityMethodInvestments
|
$484.00K | USD | Point-in-time |
| Investments |
EquityMethodInvestments
|
$484.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$413.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$336.00K | USD | Point-in-time |
| Total assets |
Assets
|
$948.09M | USD | Point-in-time |
| Total assets |
Assets
|
$957.62M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$7.08M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.75M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$1.29M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$1.29M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$14.30M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$22.90M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesandOtherCurrentLiabilities
|
$21.34M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesandOtherCurrentLiabilities
|
$12.62M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$18.92M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$9.24M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$52.92M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$62.81M | USD | Point-in-time |
| Long-term debt, less current portion, (inclusive of bond premium of $7,203 and $6,779, respectively) |
LongTermDebtAndCapitalLeaseObligations
|
$538.38M | USD | Point-in-time |
| Long-term debt, less current portion, (inclusive of bond premium of $7,203 and $6,779, respectively) |
LongTermDebtAndCapitalLeaseObligations
|
$537.63M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$11.74M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$11.64M | USD | Point-in-time |
| Liabilities, Other than Long-term Debt, Noncurrent |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$973.00K | USD | Point-in-time |
| Liabilities, Other than Long-term Debt, Noncurrent |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$1.26M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$603.92M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$613.45M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$174.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$174.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$351.88M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$351.98M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-8.44M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-8.34M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$455.00K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$443.00K | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$948.09M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$957.62M | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
SalesRevenueNet
|
$79.16M | USD | 1 Quarter |
| Net revenue |
SalesRevenueNet
|
$81.12M | USD | 1 Quarter |
| Direct operating expenses, excluding depreciation, amortization and stock-based compensation |
DirectOperatingExpenseExcludingDepreciationandAmortization
|
$58.25M | USD | 1 Quarter |
| Direct operating expenses, excluding depreciation, amortization and stock-based compensation |
DirectOperatingExpenseExcludingDepreciationandAmortization
|
$61.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$4.39M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$3.67M | USD | 1 Quarter |
| Corporate expenses |
GeneralAndAdministrativeExpense
|
$5.24M | USD | 1 Quarter |
| Corporate expenses |
GeneralAndAdministrativeExpense
|
$4.77M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$159.00K | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$28.00K | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$47.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$7.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$110.00K | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$67.48M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$70.28M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$10.84M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$11.68M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$12.08M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$10.56M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingExpense
|
$37.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingExpense
|
$48.00K | USD | 1 Quarter |
| (Loss) income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$229.00K | USD | 1 Quarter |
| (Loss) income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-439.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$91.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$98.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-530.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Controlling interests |
NetIncomeLoss
|
$96.00K | USD | 1 Quarter |
| Controlling interests |
NetIncomeLoss
|
$-530.00K | USD | 1 Quarter |
| Non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$35.00K | USD | 1 Quarter |
| Historical loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$229.00K | USD | 1 Quarter |
| Historical loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-439.00K | USD | 1 Quarter |
| Pro forma income tax benefit |
IncomeTaxExpenseBenefit
|
$91.00K | USD | 1 Quarter |
| Pro forma income tax benefit |
IncomeTaxExpenseBenefit
|
$98.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-530.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Basic Earnings Per Share Pro Forma |
BasicEarningsPerShareProForma
|
$0.01 | USD | 1 Quarter |
| Diluted Earnings Per Share Pro Forma |
DilutedEarningsPerShareProForma
|
- | USD | 1 Quarter |
| Weighted Average Shares Outstanding, Basic |
WeightedAverageBasicSharesOutstandingProForma
|
7.89M | shares | 1 Quarter |
| Weighted Average Shares Outstanding, Basic |
WeightedAverageBasicSharesOutstandingProForma
|
17.37M | shares | 1 Quarter |
| Weighted Average Shares Outstanding, Diluted |
ProFormaWeightedAverageSharesOutstandingDiluted
|
33.77M | shares | 1 Quarter |
| Weighted Average Shares Outstanding, Diluted |
ProFormaWeightedAverageSharesOutstandingDiluted
|
7.89M | shares | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Controlling interests |
NetIncomeLoss
|
$96.00K | USD | 1 Quarter |
| Controlling interests |
NetIncomeLoss
|
$-530.00K | USD | 1 Quarter |
| Non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$35.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-530.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$4.39M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$3.67M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$575.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$624.00K | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$98.00K | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$-360.00K | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$447.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$159.00K | USD | 1 Quarter |
| Non-cash interest expense |
PaidInKindInterest
|
$760.00K | USD | 1 Quarter |
| Non-cash interest expense |
PaidInKindInterest
|
- | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$-424.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$-424.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$7.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$110.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.57M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-8.58M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.47M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.42M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.03M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$329.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-5.31M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-830.00K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$9.22M | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$9.68M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$10.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
- | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$19.98M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$14.20M | USD | 1 Quarter |
| Payments for acquisitions, net of cash received |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Payments for acquisitions, net of cash received |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.67M | USD | 1 Quarter |
| Acquisition of intangibles |
PaymentsToAcquireIntangibleAssets
|
$32.00K | USD | 1 Quarter |
| Acquisition of intangibles |
PaymentsToAcquireIntangibleAssets
|
$231.00K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.13M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.00M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$53.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$147.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.08M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.79M | USD | 1 Quarter |
| Offering costs |
PaymentsOfStockIssuanceCosts
|
- | USD | 1 Quarter |
| Offering costs |
PaymentsOfStockIssuanceCosts
|
$99.00K | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfBankDebt
|
$284.00K | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfBankDebt
|
$255.00K | USD | 1 Quarter |
| Debt financing costs |
PaymentsOfFinancingCosts
|
$134.00K | USD | 1 Quarter |
| Debt financing costs |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Cash distribution to non-controlling interest |
PaymentsOfCapitalDistribution
|
$23.00K | USD | 1 Quarter |
| Cash distribution to non-controlling interest |
PaymentsOfCapitalDistribution
|
- | USD | 1 Quarter |
| Repayments of capitalized obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$39.00K | USD | 1 Quarter |
| Repayments of capitalized obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$35.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-424.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-445.00K | USD | 1 Quarter |
| Net increase in cash |
CashPeriodIncreaseDecrease
|
$11.69M | USD | 1 Quarter |
| Net increase in cash |
CashPeriodIncreaseDecrease
|
$13.75M | USD | 1 Quarter |
| Cash, Beginning of period |
Cash
|
$57.34M | USD | Point-in-time |
| Cash, Beginning of period |
Cash
|
$45.65M | USD | Point-in-time |
| Cash, Beginning of period |
Cash
|
$38.21M | USD | Point-in-time |
| Cash, Beginning of period |
Cash
|
$24.46M | USD | Point-in-time |
| Cash, End of period |
Cash
|
$57.34M | USD | Point-in-time |
| Cash, End of period |
Cash
|
$45.65M | USD | Point-in-time |
| Cash, End of period |
Cash
|
$38.21M | USD | Point-in-time |
| Cash, End of period |
Cash
|
$24.46M | USD | Point-in-time |
| Interest |
InterestPaid
|
$719.00K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$1.89M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$10.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$182.00K | USD | 1 Quarter |
| Barter revenue included in net revenue |
NoncashTransactionBarterRevenue
|
$2.99M | USD | 1 Quarter |
| Barter revenue included in net revenue |
NoncashTransactionBarterRevenue
|
$2.66M | USD | 1 Quarter |
| Barter expense included in direct operating expenses |
NoncashTransactionBarterExpense
|
$2.38M | USD | 1 Quarter |
| Barter expense included in direct operating expenses |
NoncashTransactionBarterExpense
|
$2.87M | USD | 1 Quarter |
Stockholders Equity
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Stockholders' and members' equity, beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$344.16M | USD | Point-in-time |
| Stockholders' and members' equity, beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$344.17M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$-530.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$99.00K | USD | 1 Quarter |
| Cash distribution |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$23.00K | USD | 1 Quarter |
| Stockholders' and members' equity, ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$344.16M | USD | Point-in-time |
| Stockholders' and members' equity, ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$344.17M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.