OTHER SIGNIFICANT TRANSACTIONS (Tables)

12 Months Ended

Feb. 28, 2018

Schedule Of Income Statement Disclosures for Subsegment

The following table summarizes Emmis’ operating results of 98.7FM for all periods presented. Emmis programmed 98.7FM until the LMA commenced on April 26, 2012. 98.7FM is a part of our Radio segment. Results of operations of 98.7FM for the years ended February 2016, 2017 and 2018 were as follows:



	For the year ended February 28 (29),
	2016		2017		2018
Net revenues	$	10,331	$	10,331	$	10,331
Station operating expenses, excluding depreciation and amortization expense	1,000		1,275		1,169
Impairment loss on intangible assets (Note 9)	1,766		2,907		—
Depreciation and amortization	21		21		21
Interest expense	3,042		2,827		2,591

Schedule Of Balance Sheet Disclosures for Subsegment

Assets and liabilities of 98.7FM as of February 28, 2017 and 2018 were as follows:



	As of February 28,
	2017		2018
Current assets:
Restricted cash	$	1,550	$	1,358
Prepaid expenses	445		448
Other	7		31
Total current assets	2,002		1,837
Noncurrent assets:
Property and equipment	229		208
Indefinite lived intangibles	46,390		46,390
Deposits and other	6,205		6,543
Total noncurrent assets	52,824		53,141
Total assets	$	54,826	$	54,978
Current liabilities:
Accounts payable and accrued expenses	$	54	$	18
Current maturities of long-term debt	6,039		6,587
Deferred revenue	807		835
Other current liabilities	205		184
Total current liabilities	7,105		7,624
Noncurrent liabilities:
Long-term debt, net of current portion	51,954		45,632
Other noncurrent liabilities	—		—
Total noncurrent liabilities	51,954		45,632
Total liabilities	$	59,059	$	53,256