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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 29, 2012
Feb. 28, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 5,619 $ 6,068
Accounts receivable, net of allowance for doubtful accounts of $1,568 and $1,249, respectively 32,880 38,930
Prepaid expenses 12,940 13,615
Other 2,252 2,329
Current assets - discontinued operations 991 2,063
Total current assets 54,682 63,005
PROPERTY AND EQUIPMENT:    
Land and buildings 27,573 28,841
Leasehold improvements 13,788 18,826
Broadcasting equipment 48,716 55,992
Office equipment and automobiles 36,743 43,130
Construction in progress 1,335 1,926
Total property and equipment 128,155 148,715
Less-accumulated depreciation and amortization 87,653 103,899
Total property and equipment, net 40,502 44,816
INTANGIBLE ASSETS:    
Indefinite lived intangibles 213,009 328,796
Goodwill 24,175 24,175
Other intangibles 10,153 10,153
Total intangible assets 247,337 363,124
Less-accumulated amortization 8,155 7,464
Total intangible assets, net 239,182 355,660
OTHER ASSETS:    
Deferred debt issuance costs, net of accumulated amortization of $2,502 and $1,610, respectively 2,100 2,938
Investments 1,691 2,814
Deposits and other 2,604 2,299
Total other assets, net 6,395 8,051
Noncurrent assets - discontinued operations 8 945
Total assets 340,769 472,477
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 11,344 9,818
Current maturities of long-term debt 7,978 3,290
Accrued salaries and commissions 8,136 9,757
Accrued interest 3,038 3,147
Deferred revenue 16,669 18,595
Other 6,206 5,409
Current liabilities - discontinued operations 551 854
Total current liabilities 53,922 50,870
LONG-TERM DEBT, NET OF CURRENT PORTION 229,725 327,704
OTHER NONCURRENT LIABILITIES 10,988 14,018
DEFERRED INCOME TAXES 52,648 81,411
Total liabilities 347,283 474,003
COMMITMENTS AND CONTINGENCIES (NOTE 12)      
SHAREHOLDERS' DEFICIT:    
Additional paid-in capital 529,793 528,786
Accumulated deficit (632,608) (720,693)
Accumulated other comprehensive income 1,190 1,776
Total shareholders' deficit (101,238) (189,749)
NONCONTROLLING INTERESTS 47,842 47,764
Total deficit (53,396) (141,985)
Total liabilities and deficit 340,769 472,477
Series A Preferred Stock
   
CURRENT LIABILITIES:    
SERIES A CUMULATIVE CONVERTIBLE PREFERRED STOCK, $0.01 PAR VALUE; $50.00 LIQUIDATION PREFERENCE; AUTHORIZED 2,875,000 SHARES; ISSUED AND OUTSTANDING 2,809,170 SHARES AT FEBRUARY 28, 2011 AND 2,422,320 SHARES AT FEBRUARY 29, 2012. EMMIS HAS OBTAINED RIGHTS IN 1,484,679 OF THE SHARES OUTSTANDING AS OF FEBRUARY 29, 2012 (REDEMPTION AMOUNT, INCLUDING UNDECLARED DIVIDENDS IN ARREARS, OF $161,491 AND $57,351, RESPECTIVELY). 46,882 140,459
Class A Common Stock
   
SHAREHOLDERS' DEFICIT:    
Common Stock 340 335
Total deficit 340 335
Class B Common Stock
   
SHAREHOLDERS' DEFICIT:    
Common Stock 47 47
Total deficit 47 47
Class C Common Stock
   
SHAREHOLDERS' DEFICIT:    
Common Stock $ 0 $ 0