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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
[1]
Current assets:    
Cash and cash equivalents $ 31,244 $ 36,802
Short-term investments 10,455 10,123
Accounts receivable, net 16,340 17,440
Prepaid expenses and other current assets 2,186 2,479
Barter transactions 1,019 1,015
Total current assets 61,244 67,859
Property and equipment 148,629 146,054
Less accumulated depreciation 95,774 92,856
Net property and equipment 52,855 53,198
Other assets:    
Broadcast licenses, net 90,240 90,307
Goodwill 19,236 19,236
Other intangibles, right of use assets, deferred costs and investments, net 10,792 10,153
Total assets 234,367 240,753
Current liabilities:    
Accounts payable 3,248 2,654
Accrued payroll and payroll taxes 5,481 5,623
Dividend payable 1,531 13,754
Other accrued expenses 6,825 6,359
Barter transactions 1,072 987
Total current liabilities 18,157 29,377
Deferred income taxes 26,427 25,737
Other liabilities 7,848 7,110
Total liabilities 52,432 62,224
Commitments and contingencies
Shareholders' equity:    
Common Stock 78 78
Additional paid-in capital 72,222 71,664
Retained earnings 146,303 143,896
Treasury stock (36,668) (37,109)
Total shareholders' equity 181,935 178,529
Total liabilities and shareholders' equity $ 234,367 $ 240,753
[1] The balance sheet at December 31, 2022 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.