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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,582 $ 36,802
Short-term investments 10,595 10,123
Accounts receivable, less allowance of $618, ($519 in 2022) 17,173 17,440
Prepaid expenses and other current assets 2,451 2,479
Barter transactions 843 1,015
Total current assets 60,644 67,859
Property and equipment 148,265 146,054
Less accumulated depreciation 96,860 92,856
Net property and equipment 51,405 53,198
Other assets:    
Broadcast licenses, net 90,240 90,307
Goodwill 19,236 19,236
Other intangibles, right of use assets, deferred costs and investments, net of accumulated amortization of $15,984 ($15,944 in 2022) 10,688 10,153
Total assets 232,213 240,753
Current liabilities:    
Accounts payable 2,802 2,654
Accrued expenses:    
Accrued payroll and payroll taxes 5,318 5,623
Dividend payable 12,505 13,754
Other accrued expenses 6,480 6,359
Barter transactions 924 987
Total current liabilities 28,029 29,377
Deferred income taxes 26,122 25,737
Other liabilities 7,513 7,110
Total liabilities 61,664 62,224
Commitments and contingencies
Shareholders' equity:    
Preferred stock, 1,500 shares authorized, none issued and outstanding
Additional paid-in capital 72,593 71,664
Retained earnings 134,771 143,896
Treasury stock (1,754 shares in 2023 and 1,753 shares in 2022, at cost) (36,895) (37,109)
Total shareholders' equity 170,549 178,529
Total liabilities and shareholders' equity 232,213 240,753
Class A Common Stock    
Shareholders' equity:    
Common Stock $ 80 $ 78