Entercom communications corp. (ETM)
Balance Sheet / Quarterly
Mar'20Dec'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'11Dec'10
ASSETS:
Cash

189,238

20,393

45,335

30,331

68,266

122,893

200,190

39,926

34,770

34,167

5,386

8,592

4,702

46,843

9,908

11,071

14,634

9,169

9,211

43,663

46,580

31,540

16,045

7,099

5,930

12,231

6,569

6,339

6,494

8,923

6,603

6,741

11,061

3,625

3,768

Restricted cash

-

-

0

0

0

69,365

70,217

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance of $19,493 in 2020 and $17,515 in 2019

300,193

378,912

363,091

325,495

269,945

342,766

318,075

303,161

272,315

341,989

92,343

90,337

76,350

92,172

91,417

91,312

74,507

87,157

88,673

73,767

58,779

70,249

74,363

71,934

60,767

71,818

71,523

72,104

59,899

70,955

78,991

74,477

57,072

69,053

70,897

Prepaid expenses, deposits and other

41,823

25,375

29,797

32,771

33,840

25,205

23,743

42,074

28,315

24,347

9,504

8,537

10,557

7,670

8,225

8,408

8,683

6,220

6,843

6,930

7,423

5,937

5,155

5,579

6,772

4,326

5,497

5,442

6,201

3,649

4,461

5,569

6,502

5,376

5,370

Contract assets - current

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid and refundable federal and state income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

106

194

55

45

45

30

30

34

26

21

41

56

48

46

47

54

61

332

317

810

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,464

3,464

3,464

3,464

2,248

2,248

2,248

2,248

2,850

2,850

2,850

2,850

2,445

2,445

2,445

7,222

3,035

3,035

3,035

3,035

651

Insurance claim receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total current assets

531,254

424,680

438,223

388,597

372,051

560,229

612,225

385,161

335,400

400,503

107,233

107,466

91,609

146,685

113,014

114,361

101,482

106,065

107,020

126,653

115,060

110,004

98,447

87,488

76,340

91,266

86,090

86,378

75,085

90,796

93,144

89,883

78,002

81,406

81,496

Investments

3,305

3,305

12,705

12,705

11,205

11,205

11,205

11,205

11,205

9,955

-

-

-

255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

217

Property and equipment, net

350,945

350,666

355,824

344,951

327,901

317,030

328,041

324,669

347,045

346,507

67,432

65,300

64,002

63,375

55,380

55,875

57,104

57,993

59,970

45,896

44,955

44,662

45,566

44,968

43,882

44,439

45,239

46,086

50,555

51,677

52,127

53,921

56,374

58,368

62,729

Operating lease right-of-use assets

248,501

259,613

274,938

284,400

293,638

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Radio broadcasting licenses

2,508,121

2,508,121

2,518,261

2,518,261

2,499,490

2,516,625

2,663,781

2,662,042

2,649,959

2,649,959

756,613

811,131

811,131

823,195

807,381

807,416

807,416

807,381

755,721

719,092

718,992

718,992

718,992

718,992

718,542

718,542

718,656

718,656

718,656

718,656

718,656

718,355

715,902

715,902

707,852

Goodwill

43,892

43,920

549,881

536,687

534,607

539,469

871,454

857,931

859,051

862,000

32,054

32,320

32,761

32,718

32,718

32,629

32,629

32,629

33,727

38,850

38,850

38,850

38,850

38,850

38,850

38,850

39,103

39,103

39,103

39,103

39,103

39,103

38,891

38,891

38,168

Assets held for sale

10,188

10,188

1,891

3,307

22,795

19,603

3,639

209,828

211,870

212,320

57,999

2,817

-

0

630

0

2,634

6,106

49,322

868

868

868

2,958

2,958

2,199

2,090

2,090

2,090

-

0

-

-

0

-

0

Investments In Affiliates Subsidiaries Associates And Joint Ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

10,955

-

-

0

-

-

-

-

-

-

-

-

-

-

0

-

0

Other assets, net

39,315

43,185

33,725

35,716

38,517

56,197

51,055

55,594

59,158

57,957

20,145

9,922

9,777

10,005

7,768

4,540

4,956

5,471

10,317

10,783

12,166

13,239

14,075

15,339

16,004

17,501

15,980

17,265

18,620

20,126

21,229

22,327

23,345

24,702

10,563

TOTAL ASSETS

3,735,521

3,643,678

4,185,448

4,124,624

4,100,204

4,020,358

4,541,400

4,506,430

4,473,688

4,539,201

1,041,476

1,028,956

1,009,280

1,076,233

1,016,891

1,014,821

1,006,221

1,015,645

1,027,032

942,142

930,891

926,615

918,888

908,595

895,817

912,688

907,158

909,578

902,019

920,358

924,259

923,589

912,514

919,269

901,025

LIABILITIES:
Accounts payable

4,898

5,961

3,251

8,891

2,826

1,858

2,259

2,057

1,869

598

491

214

152

481

55

105

303

73

202

98

214

324

180

208

302

200

428

250

699

400

183

177

4,942

404

4,209

Accrued expenses

67,198

76,078

62,627

62,439

46,890

58,449

56,925

62,755

73,428

76,565

23,161

24,423

18,158

16,881

16,249

15,827

16,600

16,772

22,444

16,828

14,213

13,938

17,299

18,022

13,312

13,729

14,945

17,175

13,699

14,205

14,596

16,007

7,024

12,509

7,537

Other current liabilities

84,983

76,837

125,511

98,714

114,491

118,438

155,957

102,480

114,988

107,561

21,223

18,797

16,694

21,579

25,935

19,945

24,113

19,924

26,327

15,749

18,823

13,499

20,369

13,995

18,448

12,723

18,765

12,653

18,237

12,253

21,969

13,740

19,130

14,682

13,476

Operating lease liabilities

34,539

35,335

36,543

37,979

37,434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract liability - current

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance claim payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

Financing method lease obligations, current portion

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

12,610

12,610

12,610

12,610

-

0

-

Variable Interest Entity Consolidated Carrying Amount Liabilities

-

-

-

-

-

-

0

0

0

0

0

0

0

23,959

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

Long-term debt, current portion

5,488

16,377

-

0

0

0

13,319

13,319

13,319

13,319

3,618

13,618

15,940

4,817

6,640

29,150

32,210

31,832

20,915

29,835

31,260

3,000

2,250

5,886

10,724

3,000

31

18,027

27,981

9,808

13,589

15,738

16,886

3,778

165,026

Total current liabilities

197,106

210,588

227,932

208,023

201,641

178,745

228,460

180,611

203,604

198,043

48,493

57,052

50,944

67,717

48,879

65,027

73,226

68,601

69,888

62,510

64,510

30,761

40,098

38,111

42,786

29,652

34,169

48,105

73,226

49,276

62,947

58,272

47,982

31,373

190,248

Long-term debt, net of current portion

1,822,819

1,697,114

1,723,956

1,698,894

1,692,258

1,872,203

1,912,139

1,915,414

1,838,690

1,859,442

470,923

447,396

442,055

467,651

432,271

431,119

430,816

448,724

484,016

448,759

448,001

476,929

479,600

483,886

481,973

514,124

525,591

527,533

521,240

560,133

573,296

595,092

575,390

598,446

485,122

Operating lease liabilities, net of current portion

243,806

253,346

263,084

271,263

275,739

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deferred tax liabilities

555,532

549,658

551,029

545,808

546,971

545,982

564,416

604,785

604,537

609,789

82,652

79,758

75,937

92,898

97,583

89,883

82,449

81,643

73,061

68,093

63,531

63,470

55,831

50,858

44,964

44,272

39,306

33,949

26,778

26,226

14,424

6,548

10,560

13,550

23,704

Contract liability - noncurrent

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing method lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

12,610

12,610

12,610

Other long-term liabilities

46,071

51,529

51,577

52,994

52,097

89,168

96,995

94,134

107,664

107,567

28,506

27,868

27,734

26,861

27,079

27,495

27,320

27,608

26,065

26,052

26,117

26,434

26,115

26,233

25,994

26,247

24,826

24,494

15,647

15,229

14,944

14,447

14,718

14,379

18,674

Total long-term liabilities

2,668,228

2,551,647

2,589,646

2,568,959

2,567,065

2,507,353

2,573,550

2,614,333

2,550,891

2,576,798

582,081

555,022

545,726

587,410

556,933

548,497

540,585

557,975

583,142

542,904

537,649

566,833

561,546

560,977

552,931

584,643

589,723

585,976

563,665

601,588

602,664

616,087

613,278

638,985

540,110

Total liabilities

2,865,334

2,762,235

2,817,578

2,776,982

2,768,706

2,686,098

2,802,010

2,794,944

2,754,495

2,774,841

630,574

612,074

596,670

655,127

605,812

613,524

613,811

626,576

653,030

605,414

602,159

597,594

601,644

599,088

595,717

614,295

623,892

634,081

636,891

650,864

665,611

674,359

661,260

670,358

730,358

CONTINGENCIES AND COMMITMENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

TemporaryEquityAggregateAmountOfRedemptionRequirement

-

-

-

-

0

-

0

0

0

0

27,845

27,732

27,732

27,732

27,732

27,619

27,619

27,619

27,619

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

SHAREHOLDERS' EQUITY:
Preferred Stock Value Outstanding

-

-

-

-

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

Class A, B and C common stock

1,381

1,379

1,377

1,426

1,427

-

1,426

1,425

1,414

1,437

407

407

406

407

406

406

399

397

396

396

396

391

391

391

391

385

387

387

387

384

385

385

385

382

381

Additional paid-in capital

1,656,015

1,655,781

1,655,690

1,673,268

1,682,891

1,693,512

1,699,343

1,695,707

1,705,866

1,737,132

589,524

599,718

601,861

605,603

606,976

608,727

610,681

611,754

610,776

609,563

608,314

608,515

607,593

606,329

605,059

604,721

603,876

602,982

602,506

601,847

600,898

599,657

598,474

597,327

592,643

Accumulated deficit

-784,716

-775,578

-288,620

-326,828

-352,820

-360,664

38,621

14,354

11,913

25,791

-206,874

-210,975

-217,389

-212,636

-224,035

-235,455

-246,289

-250,701

-264,789

-273,231

-279,978

-279,885

-290,740

-297,213

-305,350

-306,713

-320,997

-327,872

-337,765

-332,737

-342,635

-350,812

-347,605

-348,798

-415,080

Accumulated other comprehensive income (loss)

-2,493

-139

-577

-224

-

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

-7,277

Total shareholders' equity

870,187

881,443

1,367,870

1,347,642

1,331,498

1,334,260

1,739,390

1,711,486

1,719,193

1,764,360

383,057

389,150

384,878

393,374

383,347

373,678

364,791

361,450

346,383

336,728

328,732

329,021

317,244

309,507

300,100

298,393

283,266

275,497

265,128

269,494

258,648

249,230

251,254

248,911

170,667

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

3,735,521

3,643,678

4,185,448

4,124,624

4,100,204

4,020,358

4,541,400

4,506,430

4,473,688

4,539,201

1,041,476

1,028,956

1,009,280

1,076,233

1,016,891

1,014,821

1,006,221

1,015,645

1,027,032

942,142

930,891

926,615

918,888

908,595

895,817

912,688

907,158

909,578

902,019

920,358

924,259

923,589

912,514

919,269

901,025

Common Class A
Common stock

-

-

-

1,386

1,387

1,372

1,386

1,385

1,374

1,397

335

335

334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B
Common stock

-

-

-

40

40

40

40

40

40

40

72

72

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class C
Common stock

-

-

-

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class A [Member]
Total shareholders' equity

-

-

-

1,386

1,387

-

1,386

1,385

1,374

1,397

335

335

334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B [Member
Total shareholders' equity

-

-

-

40

40

-

40

40

40

40

72

72

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-