10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001499832-16-000100 |
| Period End Date | 20160331 |
| Filing Date | 20160510 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | tsq-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$2.25B | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$2.11B | USD | Point-in-time |
| Net of deferred finance costs |
DeferredFinanceCostsNoncurrentNet
|
$9.58M | USD | Point-in-time |
| Net of deferred finance costs |
DeferredFinanceCostsNoncurrentNet
|
$9.96M | USD | Point-in-time |
| Cash |
Cash
|
$24.46M | USD | Point-in-time |
| Cash |
Cash
|
$38.21M | USD | Point-in-time |
| Cash |
Cash
|
$33.30M | USD | Point-in-time |
| Common shares authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Cash |
Cash
|
$30.82M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$52.38M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$60.14M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$17.72M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$9.77M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$100.92M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$103.21M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$133.94M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$135.21M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$516.75M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$517.98M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$292.95M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$292.95M | USD | Point-in-time |
| Investments |
EquityMethodInvestments
|
$5.05M | USD | Point-in-time |
| Investments |
EquityMethodInvestments
|
$5.05M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.45M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.58M | USD | Point-in-time |
| Total assets |
Assets
|
$1.06B | USD | Point-in-time |
| Total assets |
Assets
|
$1.06B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$9.55M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$173.00K | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$171.00K | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$24.20M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$17.50M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesandOtherCurrentLiabilities
|
$29.96M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesandOtherCurrentLiabilities
|
$21.86M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$4.91M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$9.76M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$62.08M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$62.69M | USD | Point-in-time |
| Long-term debt, less current portion (net of deferred finance costs of $9,962 and $9,581, respectively) |
LongTermDebtAndCapitalLeaseObligations
|
$588.31M | USD | Point-in-time |
| Long-term debt, less current portion (net of deferred finance costs of $9,962 and $9,581, respectively) |
LongTermDebtAndCapitalLeaseObligations
|
$588.66M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilitiesNoncurrent
|
$34.39M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilitiesNoncurrent
|
$35.23M | USD | Point-in-time |
| Other long-term liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$11.02M | USD | Point-in-time |
| Other long-term liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$11.30M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$697.27M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$696.41M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$179.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$179.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$361.44M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$361.19M | USD | Point-in-time |
| Retained earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$1.39M | USD | Point-in-time |
| Retained earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$-70.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$44.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$-313.00K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$689.00K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$640.00K | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.06B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.06B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
SalesRevenueNet
|
$94.43M | USD | 1 Quarter |
| Net revenue |
SalesRevenueNet
|
$81.12M | USD | 1 Quarter |
| Direct operating expenses, excluding depreciation, amortization and stock-based compensation |
DirectOperatingExpenseExcludingDepreciationandAmortization
|
$76.91M | USD | 1 Quarter |
| Direct operating expenses, excluding depreciation, amortization and stock-based compensation |
DirectOperatingExpenseExcludingDepreciationandAmortization
|
$61.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.67M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.12M | USD | 1 Quarter |
| Corporate expenses |
GeneralAndAdministrativeExpense
|
$5.24M | USD | 1 Quarter |
| Corporate expenses |
GeneralAndAdministrativeExpense
|
$5.56M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$252.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$47.00K | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$169.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$7.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$366.00K | USD | 1 Quarter |
| Costs and Expenses |
CostsAndExpenses
|
$70.28M | USD | 1 Quarter |
| Costs and Expenses |
CostsAndExpenses
|
$88.64M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$10.84M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$5.79M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$10.56M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$8.56M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingExpense
|
$-483.00K | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingExpense
|
$48.00K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-2.29M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$229.00K | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$98.00K | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$-907.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-1.38M | USD | 1 Quarter |
| Net income (loss), controlling interests |
NetIncomeLoss
|
$-1.46M | USD | 1 Quarter |
| Net income (loss), controlling interests |
NetIncomeLoss
|
$96.00K | USD | 1 Quarter |
| Net income (loss), non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$78.00K | USD | 1 Quarter |
| Net income (loss), non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$35.00K | USD | 1 Quarter |
| Net income (loss) per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Net income (loss) per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.08 | USD | 1 Quarter |
| Net income (loss) per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.08 | USD | 1 Quarter |
| Net income (loss) per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Weighted average shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.37M | shares | 1 Quarter |
| Weighted average shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.86M | shares | 1 Quarter |
| Weighted average shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
17.86M | shares | 1 Quarter |
| Weighted average shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
33.77M | shares | 1 Quarter |
Cash Flow Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss), controlling interests |
NetIncomeLoss
|
$-1.46M | USD | 1 Quarter |
| Net income (loss), controlling interests |
NetIncomeLoss
|
$96.00K | USD | 1 Quarter |
| Net income (loss), non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$78.00K | USD | 1 Quarter |
| Net income (loss), non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$35.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-1.38M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$3.67M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationandAmortizationLessAmortizationofDeferredFinancingCosts
|
$6.12M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$380.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$575.00K | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$98.00K | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-907.00K | USD | 1 Quarter |
| (Recovery of) provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$-360.00K | USD | 1 Quarter |
| (Recovery of) provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$610.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$252.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Cancellation of debt |
PaidInKindInterest
|
$-34.00K | USD | 1 Quarter |
| Cancellation of debt |
PaidInKindInterest
|
- | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$-424.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$7.00K | USD | 1 Quarter |
| Net gain on sale of assets |
GainLossOnDispositionOfAssets1
|
$366.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-6.35M | 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
|
$7.33M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.87M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$329.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-1.46M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-830.00K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$9.68M | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$4.85M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$10.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-277.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.94M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$19.98M | 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
|
- | USD | 1 Quarter |
| Acquisition of intangibles |
PaymentsToAcquireIntangibleAssets
|
$32.00K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$6.50M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.13M | USD | 1 Quarter |
| Proceeds from insurance settlement |
ProceedsFromInsuranceSettlementInvestingActivities
|
- | USD | 1 Quarter |
| Proceeds from insurance settlement |
ProceedsFromInsuranceSettlementInvestingActivities
|
$451.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$53.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$842.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.20M | 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
|
$646.00K | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfBankDebt
|
$284.00K | USD | 1 Quarter |
| Cash distributions to non-controlling interests |
PaymentsOfCapitalDistribution
|
$23.00K | USD | 1 Quarter |
| Cash distributions to non-controlling interests |
PaymentsOfCapitalDistribution
|
$29.00K | USD | 1 Quarter |
| Repayments of capitalized obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$39.00K | USD | 1 Quarter |
| Repayments of capitalized obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$42.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-445.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-717.00K | USD | 1 Quarter |
| Net effect of foreign currency exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-499.00K | USD | 1 Quarter |
| Net effect of foreign currency exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
- | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashPeriodIncreaseDecrease
|
$13.75M | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashPeriodIncreaseDecrease
|
$-2.48M | USD | 1 Quarter |
| Cash, beginning of period |
Cash
|
$24.46M | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$38.21M | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$33.30M | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$30.82M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$24.46M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$38.21M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$33.30M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$30.82M | USD | Point-in-time |
| Interest |
InterestPaid
|
$719.00K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$3.32M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$182.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$435.00K | USD | 1 Quarter |
| Barter revenue included in net revenue |
AdvertisingBarterTransactionsAdvertisingBarterRevenue
|
$4.22M | USD | 1 Quarter |
| Barter revenue included in net revenue |
AdvertisingBarterTransactionsAdvertisingBarterRevenue
|
$2.99M | USD | 1 Quarter |
| Barter expense included in direct operating expenses |
AdvertisingBarterTransactionsAdvertisingBarterCosts
|
$2.87M | USD | 1 Quarter |
| Barter expense included in direct operating expenses |
AdvertisingBarterTransactionsAdvertisingBarterCosts
|
$3.08M | USD | 1 Quarter |
Stockholders Equity
9 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Stockholders' equity, beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$363.44M | USD | Point-in-time |
| Stockholders' equity, beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$361.92M | USD | Point-in-time |
| Net (loss) income |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-1.38M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$252.00K | USD | 1 Quarter |
| Foreign currency exchange |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-357.00K | USD | 1 Quarter |
| Cash distributions to non-controlling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$29.00K | USD | 1 Quarter |
| Stockholders' equity, ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$363.44M | USD | Point-in-time |
| Stockholders' equity, ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$361.92M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$131.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-1.38M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossNetOfTax
|
$-357.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossNetOfTax
|
- | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-1.74M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$131.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.