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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS:    
Cash $ 103,344 $ 59,439
Accounts receivable, net of allowance for doubtful accounts 261,357 276,044
Prepaid expenses, deposits and other 72,350 68,146
Total current assets 437,051 403,629
Investments 3,005 3,005
Net property and equipment 344,690 376,028
Operating lease right-of-use assets 211,022 229,607
Radio broadcasting licenses 2,089,226 2,251,546
Goodwill 63,915 82,176
Assets held for sale 5,474 1,033
Other assets, net of accumulated amortization 130,510 74,865
TOTAL ASSETS 3,284,893 3,421,889
LIABILITIES:    
Accounts payable 14,002 18,897
Accrued expenses 72,488 68,423
Other current liabilities 80,549 84,130
Operating lease liabilities 40,815 39,598
Long-term debt, current portion 0 22,727
Total current liabilities 207,854 233,775
Long-term debt, net of current portion 1,880,362 1,782,131
Operating lease liabilities, net of current portion 196,654 217,281
Net deferred tax liabilities 453,378 487,665
Other long-term liabilities 26,026 48,832
Total long-term liabilities 2,556,420 2,535,909
Total liabilities 2,764,274 2,769,684
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 1,676,843 1,671,195
Accumulated deficit (1,160,618) (1,020,142)
Accumulated other comprehensive income (loss) 2,942 (289)
Total shareholders’ equity 520,619 652,205
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 3,284,893 3,421,889
Common Class A    
SHAREHOLDERS’ EQUITY:    
Common stock 1,412 1,401
Common Class B    
SHAREHOLDERS’ EQUITY:    
Common stock 40 40
Common Class C    
SHAREHOLDERS’ EQUITY:    
Common stock $ 0 $ 0