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Segment Information (Tables)
12 Months Ended
Feb. 28, 2019
Segment Reporting [Abstract]  
Schedule of Results of Operations of Business Segments

 

Year Ended February 28, 2019

 

Radio

 

 

Publishing

 

 

Corporate &

Emerging

Technologies

 

 

Consolidated

 

Net revenues

 

$

108,018

 

 

$

4,678

 

 

$

1,435

 

 

$

114,131

 

Station operating expenses excluding depreciation and amortization

   expense

 

 

76,128

 

 

 

4,822

 

 

 

10,083

 

 

 

91,033

 

Corporate expenses excluding depreciation and amortization expense

 

 

 

 

 

 

 

 

10,313

 

 

 

10,313

 

Impairment loss

 

 

343

 

 

 

 

 

 

 

 

 

343

 

Depreciation and amortization

 

 

2,338

 

 

 

18

 

 

 

857

 

 

 

3,213

 

(Gain) loss on sale of radio and publishing assets, net of disposition costs

 

 

(32,148

)

 

 

331

 

 

 

 

 

 

(31,817

)

Loss on disposal of fixed assets

 

 

57

 

 

 

 

 

 

 

 

 

57

 

Operating income (loss)

 

$

61,300

 

 

$

(493

)

 

$

(19,818

)

 

$

40,989

 

 

Year Ended February 28, 2018

 

Radio

 

 

Publishing

 

 

Corporate &

Emerging

Technologies

 

 

Consolidated

 

Net revenues

 

$

142,852

 

 

$

4,521

 

 

$

1,114

 

 

$

148,487

 

Station operating expenses excluding depreciation and amortization

   expense

 

 

102,413

 

 

 

5,035

 

 

 

12,310

 

 

 

119,758

 

Corporate expenses excluding depreciation and amortization expense

 

 

 

 

 

 

 

 

10,712

 

 

 

10,712

 

Impairment loss

 

 

265

 

 

 

 

 

 

 

 

 

265

 

Depreciation and amortization

 

 

2,792

 

 

 

19

 

 

 

817

 

 

 

3,628

 

(Gain) loss on sale of radio and publishing assets, net of disposition costs

 

 

(76,745

)

 

 

141

 

 

 

 

 

 

(76,604

)

(Gain) loss on sale of fixed assets

 

 

(82

)

 

 

13

 

 

 

 

 

 

(69

)

Operating income (loss)

 

$

114,209

 

 

$

(687

)

 

$

(22,725

)

 

$

90,797

 

 

Year Ended February 28, 2017

 

Radio

 

 

Publishing

 

 

Corporate &

Emerging

Technologies

 

 

Consolidated

 

Net revenues

 

$

165,148

 

 

$

48,559

 

 

$

861

 

 

$

214,568

 

Station operating expenses excluding depreciation and amortization

   expense

 

 

115,366

 

 

 

51,063

 

 

 

13,656

 

 

 

180,085

 

Corporate expenses excluding depreciation and amortization expense

 

 

 

 

 

 

 

 

11,359

 

 

 

11,359

 

Impairment loss

 

 

6,855

 

 

 

 

 

 

2,988

 

 

 

9,843

 

Depreciation and amortization

 

 

3,462

 

 

 

230

 

 

 

1,114

 

 

 

4,806

 

Gain on sale of radio and publishing assets, net of disposition costs

 

 

(3,478

)

 

 

(20,079

)

 

 

 

 

 

(23,557

)

Loss on sale of fixed assets

 

 

124

 

 

 

 

 

 

 

 

 

124

 

Operating income (loss)

 

$

42,819

 

 

$

17,345

 

 

$

(28,256

)

 

$

31,908

 

 

Total Assets

 

Radio

 

 

Publishing

 

 

Corporate &

Emerging

Technologies

 

 

Consolidated

 

As of February 28, 2018

 

$

249,044

 

 

$

1,293

 

 

$

20,807

 

 

$

271,144

 

As of February 28, 2019

 

 

216,473

 

 

 

728

 

 

 

20,545

 

 

 

237,746