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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 37,329 $ 49,477
Accounts receivable, net of allowance for doubtful accounts of $782 and $771, respectively 34,637 33,738
Due from related parties 1,741 925
Programming rights 10,801 10,938
Prepaid expenses 7,755 7,767
Other current assets 24,987 23,519
Total current assets 117,250 126,364
Programming rights, net of current portion 26,720 20,955
Property and equipment, net 31,558 31,554
Operating lease right-of-use assets 1,973 1,281
Broadcast license 41,356 41,356
Goodwill 231,710 231,710
Other intangibles, net 108,866 115,110
Equity method investments 19,655 24,171
Other assets 7,445 7,410
Total Assets 586,533 599,911
Current Liabilities    
Accounts payable 12,629 11,533
Due to related parties 2,055 1,383
Accrued agency commissions 7,427 7,729
Accrued compensation and benefits 4,216 7,031
Accrued marketing 12,044 10,526
Other accrued expenses 11,291 10,418
Deferred revenue 8,035 7,400
Programming rights payable 13,242 13,242
Income taxes payable 582 1,353
Current portion of long-term debt 2,656 2,656
Total current liabilities 74,177 73,271
Programming rights payable, net of current portion 2,085 2,820
Long-term debt, net of current portion 246,575 246,919
Deferred income taxes 20,737 22,427
Defined benefit pension obligation 2,940 2,895
Other long-term liabilities 2,039 2,031
Total Liabilities 348,553 350,363
Stockholders' Equity    
Additional paid-in capital 290,077 288,703
Retained earnings 13,124 26,352
Accumulated other comprehensive loss (395) (732)
Total Stockholders' Equity 237,980 249,548
Total Liabilities and Stockholders' Equity 586,533 599,911
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost; 6,010,205 and 6,003,139 at March 31, 2022 and December 31, 2021, respectively (64,831) (64,780)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2