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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS:    
Cash $ 62,841 $ 30,964
Accounts receivable, net of allowance of $18,790 in 2021 and $18,911 in 2020 271,360 276,102
Prepaid expenses, deposits and other 65,840 47,504
Total current assets 400,041 354,570
Investments 3,005 3,305
Net property and equipment 360,049 340,318
Operating lease right-of-use assets 224,733 236,903
Radio broadcasting licenses 2,252,249 2,229,016
Goodwill 81,630 62,215
Assets held for sale 528 21,407
Other assets, net of accumulated amortization 38,423 41,023
TOTAL ASSETS 3,360,658 3,288,757
LIABILITIES:    
Accounts payable 18,605 13,776
Accrued expenses 80,465 59,828
Other current liabilities 90,998 73,997
Operating lease liabilities 40,667 40,439
Long-term debt, current portion 0 5,488
Total current liabilities 230,735 193,528
Long-term debt, net of current portion 1,746,948 1,689,949
Operating lease liabilities, net of current portion 214,664 229,400
Net deferred tax liabilities 482,090 473,398
Other long-term liabilities 59,027 57,744
Total long-term liabilities 2,502,729 2,450,491
Total liabilities 2,733,464 2,644,019
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:    
Class A, B and C common stock 1,413 1,409
Additional paid-in capital 1,668,065 1,662,155
Accumulated deficit (1,041,424) (1,017,037)
Accumulated other comprehensive income (loss) (860) (1,789)
Total shareholders' equity 627,194 644,738
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,360,658 $ 3,288,757