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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 80,660 $ 107,433
Accounts receivable, less allowance for doubtful accounts of $5,983 and $5,936 at December 31, 2023 and 2022, respectively 180,706 210,254
Trade receivable 1,495 2,044
Prepaid expenses and other current assets 24,036 25,540
Total current assets 286,897 345,271
Property and equipment, net 180,596 190,107
Operating lease right-of-use assets 118,646 135,236
Broadcast licenses 741,716 807,544
Other intangible assets, net 95,913 115,751
Deferred income tax assets 0 5,972
Other assets 16,533 9,150
Total assets 1,440,301 1,609,031
Current liabilities:    
Accounts payable and accrued expenses 114,072 114,826
Current portion of operating lease liabilities 27,515 27,970
Trade payable 2,152 2,812
Total current liabilities 143,739 145,608
Term loan due 2026, net of debt issuance costs of $1,223 and $1,785 at December 31, 2023 and 2022, respectively 328,287 336,667
6.75% senior notes, net of debt issuance costs of $2,108 and $3,138 at December 31, 2023 and 2022, respectively 344,137 377,789
Operating lease liabilities 113,141 119,925
Financing liabilities, net 205,890 212,993
Other liabilities 6,200 6,991
Deferred income tax liabilities 12,325 653
Total liabilities 1,153,719 1,200,626
Commitments and contingencies (Note 14)
Stockholders' equity:    
Treasury stock, at cost, 5,218,736 and 2,927,739 shares at December 31, 2023 and 2022, respectively (45,747) (36,533)
Additional paid-in-capital 353,732 348,462
(Accumulated deficit) retained earnings (21,403) 96,476
Total stockholders' equity 286,582 408,405
Total liabilities and stockholders' equity 1,440,301 1,609,031
Term Loan Due 2026    
Current liabilities:    
6.75% senior notes, net of debt issuance costs of $2,108 and $3,138 at December 31, 2023 and 2022, respectively 328,300  
Class A Common Stock    
Stockholders' equity:    
Common stock 0 0
Class B Common Stock    
Stockholders' equity:    
Common stock $ 0 $ 0