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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS:    
Cash $ 44,675 $ 30,964
Accounts receivable, net of allowance of $19,787 in 2021 and $18,911 in 2020 244,863 276,102
Prepaid expenses, deposits and other 73,303 47,504
Total current assets 362,841 354,570
Investments 3,005 3,305
Net property and equipment 340,080 340,318
Operating lease right-of-use assets 228,252 236,903
Radio broadcasting licenses 2,252,249 2,229,016
Goodwill 81,826 62,215
Assets held for sale 528 21,407
Other assets, net of accumulated amortization 42,976 41,023
TOTAL ASSETS 3,311,757 3,288,757
LIABILITIES:    
Accounts payable 11,039 13,776
Accrued expenses 71,219 59,828
Other current liabilities 84,872 73,997
Operating lease liabilities 39,506 40,439
Long-term debt, current portion 0 5,488
Total current liabilities 206,636 193,528
Long-term debt, net of current portion 1,726,096 1,689,949
Operating lease liabilities, net of current portion 219,252 229,400
Net deferred tax liabilities 471,025 473,398
Other long-term liabilities 60,420 57,744
Total long-term liabilities 2,476,793 2,450,491
Total liabilities 2,683,429 2,644,019
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:    
Class A, B and C common stock 1,413 1,409
Additional paid-in capital 1,664,617 1,662,155
Accumulated deficit (1,036,672) (1,017,037)
Accumulated other comprehensive income (loss) (1,030) (1,789)
Total shareholders' equity 628,328 644,738
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,311,757 $ 3,288,757