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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:    
Net loss $ (2,138) $ (3,471)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,472 12,533
Program amortization 16,841 13,648
Amortization of deferred financing costs and original issue discount 582 580
Stock-based compensation 5,282 4,808
Provision for bad debts 922 135
Gain from FCC spectrum repack and other (953) (1,739)
Deferred tax expense 1,587 3,593
Loss on equity investments 22,258 30,271
Impairment of equity method investment 5,479  
Impairment of goodwill and intangibles 2,784  
Amortization of operating lease right-of-use assets 554 486
Gain from insurance proceeds 0 (1,661)
(Increase) decrease in:    
Accounts receivable (7,608) (993)
Due from related parties, net 662 (613)
Programming rights (12,077) (14,087)
Prepaid expenses and other assets 810 (6,235)
Increase (decrease) in:    
Accounts payable 425 (590)
Other accrued expenses 6,060 (1,819)
Programming rights payable 1,213 2,005
Income taxes payable 2,233 (2,265)
Other liabilities (409) 1,033
Net cash provided by operating activities 55,979 35,619
Cash Flows From Investing Activities:    
Funding of equity method investments (9,364) (31,747)
Capital expenditures (2,386) (5,376)
Insurance proceeds 0 1,661
FCC spectrum repack proceeds 1,157 1,717
Net cash used in investing activities (10,593) (33,745)
Cash Flows From Financing Activities:    
Repayments of long-term debt (2,134) (2,133)
Purchases of common stock (932) (2,175)
Proceeds from exercise of options 0 107
Net cash used in financing activities (3,066) (4,201)
Net increase (decrease) in cash 42,320 (2,327)
Cash:    
Beginning 92,151 94,478
Ending 134,471 92,151
Cash payments for:    
Interest 9,949 12,863
Income taxes 2,463 13,459
Non-cash investing activity:    
Acquisition financed in part by treasury shares 0 588
Non-cash financing activity:    
Cashless exercise of options issued from treasury shares $ 0 $ 47