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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 19,917 $ 29,582
Short-term investments 8,821 10,595
Accounts receivable, net 15,456 17,173
Prepaid expenses and other current assets 3,255 2,451
Barter transactions 954 843
Total current assets 48,403 60,644
Property and equipment 151,804 148,265
Less accumulated depreciation 99,083 96,860
Net property and equipment 52,721 51,405
Other assets:    
Broadcast licenses 90,693 90,240
Goodwill 20,044 19,236
Other intangibles, right of use assets, deferred costs and investments, net 11,349 10,688
Total assets 223,210 232,213
Current liabilities:    
Accounts payable 3,347 2,802
Accrued expenses:    
Accrued payroll and payroll taxes 5,598 5,318
Dividend payable 1,565 12,505
Other accrued expenses 6,826 6,480
Barter transactions 1,019 924
Total current liabilities 18,355 28,029
Deferred income taxes 26,372 26,122
Long-term debt 5,000  
Other liabilities 7,491 7,513
Total liabilities 57,218 61,664
Commitments and contingencies (Note 11 and 14)
Shareholders' equity:    
Common stock 80 80
Additional paid-in capital 73,833 72,593
Retained earnings 128,510 134,771
Treasury stock (36,431) (36,895)
Total shareholders' equity 165,992 170,549
Total liabilities and shareholders' equity $ 223,210 $ 232,213