CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $) In Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
OPERATING ACTIVITIES:
Net income (loss)	$ 57,986	$ 29,151
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	8,535	9,736
Amortization of deferred financing costs	2,825	2,930
Net deferred taxes (benefit) and other	(19,278)	15,581
Tax benefit on exercise of options	0	0
Provision for bad debts	1,306	797
Net (gain) loss on sale or disposal of assets	142	176
Non-cash stock-based compensation expense	6,227	4,314
Net (gain) loss on investments	0	0
Net (gain) loss on derivatives	0	0
Deferred rent	80	5
Unearned revenue - long-term	5	0
Net loss on extinguishment of debt	0	62
Deferred compensation	(276)	976
Tax benefit for vesting of restricted stock unit awards	0	0
Impairment loss	0	0
Net accretion expense for asset retirement obligations	86	0
Other income	(16)	(38)
Changes in assets and liabilities:
Accounts receivable	(3,645)	(8,520)
Prepaid expenses and deposits	146	16,032
Prepaid and refundable income taxes	547	6,785
Accounts payable and accrued liabilities	7,349	(15,476)
Accrued interest expense	(43)	(125)
Accrued liabilities - long-term	(137)	(25)
Prepaid expenses - long-term	(141)	(511)
Net cash provided by (used in) operating activities	61,698	61,850
INVESTING ACTIVITIES:
Additions to property and equipment	(4,040)	(1,935)
Proceeds from sale of property, equipment, intangibles and other assets	231	114
Purchases of radio station assets	(9,000)	0
Deferred charges and other assets	(1,170)	(240)
Purchases of investments	0	0
Proceeds from investments	16	38
Proceeds from termination of radio station contract	0	0
Proceeds from insurance recovery	0	0
Station acquisition deposits and costs	1,350	0
Net cash provided by (used in) investing activities	(12,613)	(2,023)
FINANCING ACTIVITIES:
Deferred expenses related to bank facility amendment	0	(5,155)
Proceeds from issuance of long-term debt	118,500	37,500
Proceeds from the financing method of lease obligations	0	0
Payments of long-term debt	(163,020)	(90,518)
Retirement of senior subordinated notes	0	(6,579)
Purchase of the Company's common stock	0	0
Proceeds from issuance of employee stock plan	0	0
Proceeds from the exercise of stock options	69	115
Purchase of vested employee restricted stock units	(3,022)	(1,622)
Payment of dividend equivalents on vested restricted stock units	(511)	(872)
Dividends	0	0
Net cash provided by (used in) financing activities	(47,984)	(67,131)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,101	(7,304)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	3,768	10,751
CASH AND CASH EQUIVALENTS, END OF PERIOD	4,869	3,447
Cash paid during the period for:
Interest	13,685	20,009
Income taxes	82	83
Dividends	$ 0	$ 0