XML 56 R45.htm IDEA: XBRL DOCUMENT v3.22.1
SEGMENT INFORMATION (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
segment
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
SEGMENT INFORMATION      
Number of reportable segments | segment 4    
NET REVENUE $ 112,349 $ 91,440  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 73,406 65,419  
Depreciation and Amortization: 2,405 2,264  
Operating income (loss): 36,538 23,757  
Capital expenditures by segment are as follows: 1,576 804  
Total Assets: 1,284,635   $ 1,261,108
Radio Broadcasting      
SEGMENT INFORMATION      
NET REVENUE 31,493 27,788  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 23,618 23,329  
Depreciation and Amortization: 815 729  
Operating income (loss): 7,060 3,730  
Capital expenditures by segment are as follows: 640 261  
Total Assets: 621,887   627,948
Radio Broadcasting | Intersegment Eliminations [Member]      
SEGMENT INFORMATION      
NET REVENUE (1,094) (760)  
Reach Media      
SEGMENT INFORMATION      
NET REVENUE 10,030 7,816  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 6,196 5,174  
Depreciation and Amortization: 47 58  
Operating income (loss): 3,787 2,584  
Capital expenditures by segment are as follows: 21 1  
Total Assets: 35,924   33,451
Digital      
SEGMENT INFORMATION      
NET REVENUE 15,486 10,355  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 10,864 8,053  
Depreciation and Amortization: 333 324  
Operating income (loss): 4,289 1,978  
Capital expenditures by segment are as follows: 225 326  
Total Assets: 26,631   32,915
Cable Television      
SEGMENT INFORMATION      
NET REVENUE 56,434 46,241  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 26,147 21,521  
Depreciation and Amortization: 946 929  
Operating income (loss): 29,341 23,791  
Capital expenditures by segment are as follows: 383 38  
Total Assets: 394,468   367,896
Corporate/Eliminations      
SEGMENT INFORMATION      
NET REVENUE (1,094) (760)  
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): 6,581 7,342  
Depreciation and Amortization: 264 224  
Operating income (loss): (7,939) (8,326)  
Capital expenditures by segment are as follows: 307 $ 178  
Total Assets: $ 205,725   $ 198,898