Spectrum repacking reimbursements and other, net

12 Months Ended

Dec. 31, 2022

Unusual or Infrequent Items, or Both [Abstract]

Spectrum repacking reimbursements and other, net

Spectrum repacking reimbursements and other, netAs events occur, or circumstances change, we may recognize non-cash impairment charges to reduce the book value of intangible and other long-lived assets or to record charges (gains) related to spectrum repacking reimbursements and other efforts, or unique events.

A summary of these items by year (pre-tax basis) is presented below (in thousands):

	2022		2021		2020
Reimbursement of spectrum repacking	$	(323)	$	(4,942)	$	(13,180)
Property and equipment impairments	—		1,095		—
Intangible asset impairments charges	—		—		3,225
Contract termination and other costs related to national sales	—		1,540		—
Total spectrum repacking reimbursements and other, net	$	(323)	$	(2,307)	$	(9,955)

Reimbursement of spectrum repacking: Some of our stations have had to purchase new equipment in order to comply with the FCC spectrum repacking initiative. As part of this initiative, the FCC is reimbursing companies for costs incurred to comply with the new requirements. In 2022, 2021 and 2020, we received $0.3 million, $4.9 million, $13.2 million of such reimbursements, respectively, which we have recorded as contra expense. All of our repacked stations have completed their transitions to their new channels.

Property and equipment impairments: During 2021, we recorded $1.1 million of impairment charges associated with the disposal of operating assets at several of our television stations.

Intangible asset impairments charges: In 2020, as a result of our annual impairment analysis we determined that a radio FCC license experienced a decline in value which resulted in a $1.1 million impairment charge. Also in 2020, we recognized a $2.1 million impairment charge in connection with eliminating the use of the Justice Network brand name and re-establishing the business under a new brand name called True Crime Network.

Contract termination and other costs related to national sales: In 2021, we incurred a $1.5 million charge associated with contract termination and other incremental transition costs related to bringing our national sales organization in-house. Prior to the transition we utilized a third party national marketing representation firm for our national television advertising.