A. h. belo corp (AHC)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

48,626

53,249

52,017

50,301

55,313

58,471

56,751

53,975

57,660

49,955

64,856

69,205

80,071

78,341

82,384

74,656

78,380

79,681

84,061

81,442

158,171

108,063

59,754

82,540

82,193

56,436

32,851

31,862

34,094

41,008

41,239

55,701

57,440

45,687

50,057

86,291

Accounts receivable (net of allowance of $671 and $581 at December 31, 2019 and December 31, 2018, respectively)

18,441

16,895

20,468

19,552

22,057

19,759

19,931

20,450

26,740

25,914

23,960

25,524

29,114

26,750

25,461

26,355

31,502

32,259

32,249

30,911

34,396

25,095

28,399

32,606

32,270

34,375

39,890

40,079

39,212

40,573

38,757

37,377

50,533

40,107

40,796

56,793

Funds held by Belo Corp. for future pension payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,410

Inventories

2,573

2,614

3,454

3,877

3,912

4,193

4,101

4,027

3,171

3,417

3,071

4,063

3,386

4,257

5,194

4,746

4,052

3,163

3,903

4,618

4,901

6,971

7,974

11,024

5,567

8,496

8,280

9,838

7,585

10,140

10,626

11,267

9,918

10,865

12,349

12,646

Prepaids and other current assets

5,164

5,470

5,808

6,367

5,023

6,631

10,515

14,356

13,734

10,185

10,789

10,705

9,553

9,134

10,279

12,323

9,415

12,097

-

-

8,422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

1,089

1,089

1,089

1,089

1,089

1,089

5,510

8,740

-

-

2,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

565

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,063

10,763

-

8,233

8,181

9,817

5,618

7,140

7,204

8,133

6,547

7,917

8,842

-

6,531

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

14

12

-

0

116

251

61

128

1,462

1,452

1,496

1,419

1,422

1,379

1,380

1,386

1,393

1,394

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,525

-

-

-

24,467

-

-

-

0

2,396

2,396

3,282

7,964

5,268

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

253

253

-

875

36,658

778

42,716

18,347

-

-

48,402

-

-

-

-

-

-

-

Prepaids and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,253

-

7,638

8,870

7,157

Total current assets

74,804

78,228

81,747

81,186

87,394

90,143

92,387

93,897

102,394

94,981

111,416

109,497

122,124

121,082

123,318

118,080

123,349

127,249

131,543

127,999

206,455

149,237

143,607

137,016

168,425

124,922

114,154

91,364

137,336

101,057

100,886

117,373

128,198

108,965

121,429

172,959

Land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,150

-

-

-

25,734

-

-

-

31,212

37,481

37,481

36,588

36,602

29,335

26,789

26,789

Buildings and improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155,035

-

-

-

158,713

-

-

-

170,554

193,868

193,625

192,814

192,810

208,292

206,969

207,486

Publishing equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

214,179

-

-

-

214,959

-

-

-

248,769

270,152

270,797

277,154

276,792

277,778

277,815

281,254

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79,941

-

-

-

88,716

-

-

-

112,608

126,348

125,654

132,438

131,874

140,161

139,602

139,580

Construction in process

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

881

-

-

-

876

-

-

-

3,050

2,639

4,225

2,405

2,005

6,654

6,294

5,520

Property, plant and equipment, at cost

343,893

381,662

423,389

423,015

422,966

421,773

421,211

419,978

418,730

440,432

441,024

446,203

445,874

445,069

446,075

450,319

448,223

445,095

443,377

469,158

472,186

474,406

488,364

545,327

488,998

544,413

578,436

623,126

566,193

630,488

631,782

641,399

640,083

662,220

657,469

660,629

Less accumulated depreciation

325,440

362,425

401,393

399,091

396,705

394,479

391,972

389,437

387,024

406,841

407,493

404,621

402,115

399,265

396,780

399,497

396,865

394,115

391,343

409,342

410,597

407,581

420,056

451,070

414,135

444,846

466,489

482,804

457,339

482,210

479,825

483,362

476,665

498,754

494,009

483,953

Property, plant and equipment, net

18,453

19,237

21,996

23,924

26,261

27,294

29,239

30,541

31,706

33,591

33,531

41,582

43,759

45,804

49,295

50,822

51,358

50,980

52,034

59,816

61,589

66,825

68,308

94,257

74,863

99,567

111,947

140,322

108,854

148,278

151,957

158,037

163,418

163,466

163,460

176,676

Operating lease right-of-use assets

21,371

22,119

22,222

22,527

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

319

458

598

228

304

3,474

3,673

3,873

4,073

4,273

4,473

4,672

4,872

5,098

5,323

5,552

5,778

11,539

11,900

12,273

656

733

554

4,219

241

6,466

9,393

10,733

9,473

13,021

14,331

15,640

16,950

18,259

19,569

22,189

Deferred income taxes, net

50

-

-

-

3,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

1,593

-

-

13,973

13,973

13,973

13,973

13,973

13,973

13,973

14,201

36,883

36,883

36,883

36,883

34,085

34,085

34,085

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

24,582

Deferred income taxes, net

-

-

-

4,358

-

6,679

7,051

6,974

5,355

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term note receivable

22,400

22,400

22,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

1,432

1,632

1,632

-

-

-

-

2,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,738

2,302

2,577

-

6,821

8,511

6,924

7,333

9,834

9,113

7,187

6,826

-

-

-

6,112

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,845

7,238

6,463

-

18,408

17,716

16,661

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

462

-

602

230

277

538

646

965

1,002

1,113

1,199

1,312

1,417

1,452

1,722

1,816

2,127

Other assets

3,648

3,178

3,675

4,028

5,029

4,123

4,311

4,575

5,347

6,975

6,888

7,908

7,775

3,083

2,383

2,497

4,133

2,556

3,236

2,817

2,893

4,083

4,098

3,701

3,236

4,557

3,532

3,561

3,755

3,895

3,218

3,406

4,376

4,598

4,278

4,855

Total assets

141,045

145,620

154,231

136,251

122,560

145,686

150,634

153,833

162,848

153,793

170,281

177,632

192,731

213,382

218,834

215,466

221,501

228,147

235,100

240,029

298,747

252,883

249,890

270,976

279,218

270,574

273,686

278,751

291,939

299,877

303,524

326,918

345,088

340,000

352,850

420,049

Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable

6,103

5,868

6,062

4,725

6,334

7,064

7,254

7,737

10,303

9,121

8,411

11,550

9,036

10,838

11,988

9,950

12,736

12,522

13,769

11,723

12,904

11,929

12,575

14,950

13,717

15,376

14,418

14,055

13,635

11,985

12,777

13,687

18,062

12,883

13,815

29,159

Accrued compensation and benefits

7,407

7,933

7,484

5,625

8,294

6,460

7,947

6,278

8,243

7,641

8,479

6,709

8,657

7,456

7,513

5,350

7,100

10,040

7,666

9,638

8,233

11,221

9,793

13,971

9,816

14,073

15,226

16,869

17,020

18,982

16,263

15,264

18,007

16,842

18,893

17,139

Dividend payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Pension liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

54,833

Pension liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Other accrued expense

5,930

6,836

5,101

6,297

5,586

5,582

5,186

6,407

4,275

5,395

4,440

4,859

6,318

5,152

5,956

4,383

4,712

4,685

4,703

4,581

13,684

5,614

3,271

4,155

4,459

4,262

6,184

6,171

5,804

9,085

8,876

10,369

12,160

13,591

13,032

10,309

Contract liabilities

12,098

11,349

12,844

-

11,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance subscription payments

-

-

-

12,153

-

11,095

11,525

12,233

11,670

12,179

12,832

13,791

13,243

13,211

14,525

15,564

14,424

15,356

15,429

16,451

15,894

14,416

14,555

19,748

14,842

19,562

20,801

21,617

17,693

20,520

22,026

24,181

22,491

23,952

22,805

23,057

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Liabilities, Net, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

150

-

995

9,489

628

11,538

7,153

-

-

7,781

-

-

-

-

-

-

-

Total current liabilities

31,538

31,986

31,491

28,800

31,663

30,201

31,912

32,655

34,491

34,336

34,162

36,909

37,254

36,657

39,982

35,247

38,972

42,603

41,652

42,543

101,406

44,312

49,683

53,452

54,372

60,426

56,629

58,712

61,933

60,572

59,942

63,501

70,720

67,268

68,545

134,497

Long-term pension liabilities

23,039

29,213

30,105

30,997

31,889

19,746

20,844

21,941

23,038

28,413

52,989

53,916

54,843

54,831

55,703

56,574

57,446

61,455

62,923

64,391

65,859

37,500

44,187

47,257

50,082

108,146

118,702

121,534

122,821

117,083

121,958

140,270

145,980

80,796

90,704

77,513

Long-term operating lease liabilities

23,120

23,598

23,631

23,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other post-employment benefits

1,347

1,153

1,158

1,162

1,165

1,165

1,169

1,175

2,052

2,189

2,321

2,326

2,329

2,430

2,422

2,500

2,489

2,523

2,525

2,530

2,656

2,640

2,659

2,764

2,730

2,923

2,929

2,917

2,919

2,970

2,976

3,104

3,115

3,283

3,340

3,492

Deferred income taxes, net

-

246

1,718

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

1,059

1,055

1,042

1,046

577

976

1,041

530

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

4,264

3,917

4,775

4,764

7,045

7,533

6,912

5,938

5,568

3,919

6,456

7,778

6,483

5,227

4,277

2,037

1,277

1,805

1,821

1,461

2,277

3,913

4,172

3,828

3,258

3,358

2,782

2,497

2,206

2,627

2,429

2,935

3,794

3,638

4,045

4,674

Total liabilities

83,308

90,113

92,878

89,585

71,762

58,645

60,837

61,709

65,149

68,857

95,928

100,929

100,909

100,204

103,439

97,400

101,230

108,963

109,897

111,966

172,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interest - redeemable

-

-

-

-

-

-

-

-

-

-

-

-

2,670

1,335

1,335

1,335

1,421

1,263

1,263

1,263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholders' equity:
Commitments and contingent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

0

Preferred stock, $.01 par value; Authorized 2,000,000 shares; none issued

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Treasury stock, Series A, at cost; 1,913,860 and 1,697,370 shares held at December 31, 2019 and December 31, 2018, respectively

13,443

13,320

13,128

12,941

12,601

12,358

12,127

11,857

11,302

11,233

11,233

11,233

11,233

11,233

11,233

11,233

11,233

10,676

10,034

9,202

8,087

6,655

5,231

3,788

3,113

2,636

1,714

947

350

-

-

-

0

-

-

-

Additional paid-in capital

494,389

494,389

494,389

494,389

494,389

495,842

495,708

495,605

494,989

494,820

494,671

494,486

499,552

500,741

500,655

500,853

500,449

500,472

500,386

500,267

499,320

499,168

498,890

498,274

496,682

496,782

496,485

496,269

495,528

495,043

494,844

494,640

493,773

493,538

493,088

491,542

Accumulated other comprehensive loss

-32,294

-37,453

-37,516

-37,578

-37,641

-24,459

-24,617

-24,774

-24,932

-29,580

-39,195

-39,251

-39,308

-38,491

-38,474

-38,450

-38,442

-56,429

-56,742

-57,055

-57,367

-15,613

-15,440

-15,266

-15,093

-72,796

-73,041

-73,287

-73,532

-63,039

-63,049

-63,059

-63,069

2,100

2,262

2,569

Accumulated deficit

-391,148

-388,342

-382,625

-397,437

-393,582

-372,217

-369,400

-367,083

-361,288

-369,303

-370,122

-367,531

-361,324

-340,686

-338,426

-335,599

-333,222

-317,817

-312,103

-309,742

-308,330

-312,937

-329,585

-315,941

-310,099

-325,931

-329,438

-329,251

-319,862

-315,684

-315,796

-314,691

-309,441

-310,838

-309,349

-294,450

Total shareholders equity attributable to A. H. Belo Corporation

-

-

-

-

-

-

-

-

-

84,936

74,353

76,703

87,918

110,562

112,753

115,801

117,781

115,779

121,736

124,496

125,763

164,190

148,861

163,505

168,600

95,642

92,515

93,007

102,005

116,540

116,219

117,108

121,479

185,015

186,216

199,873

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

1,234

1,281

1,307

930

1,069

2,142

2,204

2,304

256

328

328

170

176

79

129

84

55

85

-

-

0

-

-

-

Total shareholders’ equity

57,737

55,507

61,353

46,666

50,798

87,041

89,797

92,124

97,699

84,936

74,353

76,703

89,152

111,843

114,060

116,731

118,850

117,921

123,940

126,800

126,019

164,518

149,189

163,675

168,776

95,721

92,644

93,091

102,060

116,625

-

-

121,479

-

-

-

Total liabilities and shareholders’ equity

141,045

145,620

154,231

136,251

122,560

145,686

150,634

153,833

162,848

153,793

170,281

177,632

192,731

213,382

218,834

215,466

221,501

228,147

235,100

240,029

298,747

252,883

249,890

270,976

279,218

270,574

273,686

278,751

291,939

299,877

303,524

326,918

345,088

340,000

352,850

420,049

Series A
Common stock, $.01 par value; Authorized 125,000,000 shares

209

209

209

209

209

-

-

-

208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B
Common stock, $.01 par value; Authorized 125,000,000 shares

24

24

24

24

24

-

-

-

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-