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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
[1]
Current assets:    
Cash and cash equivalents $ 15,392 $ 29,582
Short-term investments 8,708 10,595
Accounts receivable, net 16,728 17,173
Prepaid expenses and other current assets 4,172 2,451
Barter transactions 1,045 843
Total current assets 46,045 60,644
Property and equipment 151,461 148,265
Less accumulated depreciation 98,210 96,860
Net property and equipment 53,251 51,405
Other assets:    
Broadcast licenses, net 90,558 90,240
Goodwill 20,281 19,236
Other intangibles, right of use assets, deferred costs and investments, net 11,482 10,688
Total assets 221,617 232,213
Current liabilities:    
Accounts payable 4,164 2,802
Accrued expenses:    
Accrued payroll and payroll taxes 4,780 5,318
Dividend payable 0 12,505
Other accrued expenses 7,106 6,480
Barter transactions 1,075 924
Total current liabilities 17,125 28,029
Deferred income taxes 26,197 26,122
Long-term debt 5,000  
Other liabilities 7,468 7,513
Total liabilities 55,790 61,664
Commitments and contingencies
Shareholders' equity:    
Common stock 80 80
Additional paid-in capital 73,359 72,593
Retained earnings 128,808 134,771
Treasury stock (36,420) (36,895)
Total shareholders' equity 165,827 170,549
Total liabilities and shareholders' equity $ 221,617 $ 232,213
[1] The balance sheet at December 31, 2023 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.