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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Dec. 31, 2009
Assets Abstract        
Cash and cash equivalents $ 1,957 $ 3,768 $ 4,371 $ 10,751
Accounts receivable, net of allowance for doubtful accounts 74,847 70,897    
Prepaid expenses, deposits and other 7,833 5,370    
Prepaid and refundable federal and state income taxes 365 810    
Deferred tax assets 4,586 651    
Insurance claim receivable 0 0    
Total current assets 89,588 81,496    
Investments 217 217    
Net property and equipment 60,121 62,729    
Radio broadcasting licenses 715,902 707,852    
Goodwill 38,891 38,168    
Assets held for sale 0 0    
Investment in deconsolidated subsidiaries 0 0    
Deferred charges and other assets, net of accumulated amortization 13,169 10,563    
TOTAL ASSETS 917,888 901,025    
Liabilities Abstract        
Accounts payable 7,991 4,209    
Accrued expenses 11,564 7,537    
Accrued compensation and other current liabilities 15,553 13,476    
Insurance claim payable 0 0    
Non-controlling interest - variable interest entity 0 0    
Long-term debt, current portion 625,027 165,026    
Total current liabilities 660,135 190,248    
Long-term debt, net of current portion 110 485,122    
Financing method lease obligations 12,610 12,610    
Deferred tax liabilities 0 23,704    
Other long-term liabilities 14,717 18,674    
Total long-term liabilities 27,437 540,110    
Total liabilities 687,572 730,358    
COMMITMENTS AND CONTINGENCIES - -    
SHAREHOLDERS' EQUITY:        
Preferred stock 0 0    
Common stock 383 381    
Additional paid-in capital 594,397 592,643    
Accumulated deficit (365,322) (415,080)    
Accumulated other comprehensive income (loss) 858 (7,277)    
Total shareholders' equity 230,316 170,667   113,952
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 917,888 $ 901,025