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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income (loss) $ 1,889 $ (1,851)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization 5,330 7,318
Deferred income taxes 21 11
Amortization of deferred financing fees 170 217
Amortization of broadcast rights 5,875 5,933
Payments for broadcast rights (6,057) (6,239)
Gain on exchange of assets, net   (1,782)
Loss on extinguishment of senior notes, net 318 72
Loss on disposal of property, plant and equipment 52 208
Gain on sale of radio station (48)  
Gain on sale of real estate, net (4,089)  
Amortization of non-cash contract termination fee (731) (731)
Equity in operations of equity investee 84  
Stock-based compensation 733 603
Change in operating assets and liabilities, net    
Receivables 1,358 (1,336)
Prepaid expenses and other 408 2,639
Cash surrender value of life insurance and annuity contracts 2,019 (505)
Other assets 136 194
Accounts payable, accrued payroll and related benefits and other current liabilities (2,595) 3,871
Interest payable (651) (524)
Income taxes receivable and payable 1,662 9,028
Accrued retirement benefits 31 32
Other liabilities (428) (370)
Net cash provided by operating activities 5,487 16,788
Investing activities    
Proceeds from sale of radio station 48  
Contribution to equity investee (77)  
Net cash in consolidation of equity investee   75
Purchase of radio stations (113)  
Purchase of property, plant and equipment (3,009) (6,120)
Proceeds from sale of real estate 4,164  
Net cash provided by (used in) investing activities 1,013 (6,045)
Financing activities    
Repurchase of senior notes (25,860) (17,160)
Shares settled upon vesting of stock rights (273) (104)
Payments on capital lease obligations (89) (82)
Proceeds from exercise of stock options 75  
Net cash used in financing activities (26,147) (17,346)
Net decrease in cash and cash equivalents (19,647) (6,603)
Cash and cash equivalents, beginning of period 52,945 43,982
Cash and cash equivalents, end of period $ 33,298 $ 37,379