XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS:    
Cash $ 35,580 $ 59,439
Restricted cash 2,458 0
Accounts receivable, net of allowance of $13,889 in 2022 and $15,084 in 2021 227,860 276,044
Prepaid expenses, deposits and other 86,720 68,146
Total current assets 352,618 403,629
Investments 3,005 3,005
Net property and equipment 393,895 376,028
Operating lease right-of-use assets 218,369 229,607
Radio broadcasting licenses 2,251,546 2,251,546
Goodwill 82,176 82,176
Assets held for sale 1,033 1,033
Other assets, net of accumulated amortization 70,126 74,865
TOTAL ASSETS 3,372,768 3,421,889
LIABILITIES:    
Accounts payable 28,026 18,897
Accrued expenses 59,011 68,423
Other current liabilities 85,076 84,130
Operating lease liabilities 39,762 39,598
Long-term debt, current portion 0 22,727
Total current liabilities 211,875 233,775
Long-term debt, net of current portion 1,782,544 1,782,131
Operating lease liabilities, net of current portion 206,850 217,281
Net deferred tax liabilities 484,172 487,665
Other long-term liabilities 43,908 48,832
Total long-term liabilities 2,517,474 2,535,909
Total liabilities 2,729,349 2,769,684
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:    
Class A, B and C common stock 1,435 1,441
Additional paid-in capital 1,672,063 1,671,195
Accumulated deficit (1,031,013) (1,020,142)
Accumulated other comprehensive income (loss) 934 (289)
Total shareholders' equity 643,419 652,205
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,372,768 $ 3,421,889