XML 39 R28.htm IDEA: XBRL DOCUMENT v3.23.2
REVENUE (Tables)
6 Months Ended
Jun. 30, 2023
Revenues [Abstract]  
Schedule of Contract Assets and Liabilities Balances and Changes
Refer to the table below for information about receivables, contract assets and contract liabilities from contracts with customers. Accounts receivable balances in the table below exclude other receivables that are not generated from contracts with customers. These amounts are $0.9 million and $0.8 million as of June 30, 2023 and December 31, 2022, respectively.
Description
June 30,
2023
December 31,
2022
(amounts in thousands)
Receivables, net, included in Accounts receivable net of allowance for doubtful accounts$238,864 $261,357 
Unearned revenue - current
12,936 13,687 
Unearned revenue - noncurrent
368 403 
Significant changes in the contract liabilities balances during the period are as follows:
Six Months Ended
June 30, 2023
Unearned Revenue(amounts in thousands)
Beginning balance on January 1, 2023$14,090 
Revenue recognized during the period that was included in the beginning balance of contract liabilities(1,455)
Additions, net of revenue recognized during period669 
Ending balance$13,304 
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenues disaggregated by revenue source:
Three Months Ended
June 30,
20232022
Revenue by Source(amounts in thousands)
Spot revenues$187,114 $204,486 
Digital revenues66,655 69,300 
Network revenues20,824 21,789 
Sponsorships and event revenues11,938 11,638 
Other revenues11,982 12,226 
Net revenues$298,513 $319,439 

Six Months Ended
June 30,
20232022
Revenue by Source(amounts in thousands)
Spot revenues$346,423 $379,621 
Digital revenues123,580 127,339 
Network revenues40,692 42,929 
Sponsorships and event revenues24,382 21,964 
Other revenues23,071 22,881 
Net revenues$558,148 $594,734