$BBGI
BEASLEY BROADCAST GROUP INC

2014 Q4 Form 10-K Financial Statement

#000119312516480510 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 2013 Q4
Revenue $18.56M $58.71M $15.03M
YoY Change 23.49% 4.65% -45.23%
Cost Of Revenue $12.26M $40.40M $9.530M
YoY Change 28.65% 8.31% -42.76%
Gross Profit $6.300M $18.40M $5.500M
YoY Change 14.55% -2.13% -49.03%
Gross Profit Margin 33.94% 31.34% 36.59%
Selling, General & Admin $2.110M $8.900M $2.240M
YoY Change -5.8% 3.49% 2.75%
% of Gross Profit 33.49% 48.37% 40.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $670.0K $2.526M $580.0K
YoY Change 15.52% 13.75% 7.41%
% of Gross Profit 10.63% 13.73% 10.55%
Operating Expenses $2.830M $53.15M $2.680M
YoY Change 5.6% 11.37% -1.11%
Operating Profit $3.470M $5.560M $2.820M
YoY Change 23.05% -33.64% -65.1%
Interest Expense -$970.0K $4.375M -$1.370M
YoY Change -29.2% -38.22% -34.13%
% of Operating Profit -27.95% 78.69% -48.58%
Other Income/Expense, Net $20.00K $326.3K -$20.00K
YoY Change -200.0% 305.6% -300.0%
Pretax Income $810.0K $1.480M $1.430M
YoY Change -43.36% 1173.7% -76.32%
Income Tax -$320.0K $514.3K $600.0K
% Of Pretax Income -39.51% 34.74% 41.96%
Net Earnings $33.84M $40.00M $3.580M
YoY Change 845.25% 246.43% -0.83%
Net Earnings / Revenue 182.33% 68.14% 23.82%
Basic Earnings Per Share $1.75
Diluted Earnings Per Share $1.449M $1.74 $154.6K
COMMON SHARES
Basic Shares Outstanding 22.81M shares
Diluted Shares Outstanding 22.94M shares

Balance Sheet

Concept 2014 Q4 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.30M $14.30M $14.30M
YoY Change 0.0% 0.0% 22.22%
Cash & Equivalents $14.26M $14.30M $14.30M
Short-Term Investments
Other Short-Term Assets $2.784M $3.400M $2.523M
YoY Change 10.36% -22.73% 16.14%
Inventory
Prepaid Expenses $636.6K $1.460M
Receivables $17.64M $17.60M $17.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $35.32M $35.30M $35.85M
YoY Change -1.49% -1.67% 7.37%
LONG-TERM ASSETS
Property, Plant & Equipment $28.25M $28.30M $16.81M
YoY Change 68.11% 68.45% -11.85%
Goodwill $8.858M $7.062M
YoY Change 25.42% -48.18%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.327M $4.300M $6.111M
YoY Change -29.19% -95.39% -17.42%
Total Long-Term Assets $278.9M $278.9M $228.4M
YoY Change 22.12% 22.16% 1.05%
TOTAL ASSETS
Total Short-Term Assets $35.32M $35.30M $35.85M
Total Long-Term Assets $278.9M $278.9M $228.4M
Total Assets $314.2M $314.2M $264.2M
YoY Change 18.92% 18.93% 1.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.120M $1.800M $1.675M
YoY Change -33.11% 5.88% 44.86%
Accrued Expenses $3.300M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.113M $3.100M $4.250M
YoY Change -26.76% -27.91% 21.43%
Total Short-Term Liabilities $14.10M $14.10M $14.32M
YoY Change -1.53% -1.4% 13.29%
LONG-TERM LIABILITIES
Long-Term Debt $94.58M $93.00M $102.6M
YoY Change -7.84% -9.36% -9.38%
Other Long-Term Liabilities $749.4K $700.0K $870.2K
YoY Change -13.89% -22.22% -11.88%
Total Long-Term Liabilities $95.33M $93.70M $103.5M
YoY Change -7.89% -9.47% -9.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.10M $14.10M $14.32M
Total Long-Term Liabilities $95.33M $93.70M $103.5M
Total Liabilities $183.6M $183.6M $170.6M
YoY Change 7.66% 7.62% -3.26%
SHAREHOLDERS EQUITY
Retained Earnings $27.07M -$8.825M
YoY Change -406.71% -54.39%
Common Stock $118.5M $117.1M
YoY Change 1.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.11M $14.73M
YoY Change 2.56% 1.31%
Treasury Stock Shares 2.831M shares 2.789M shares
Shareholders Equity $130.5M $130.5M $93.63M
YoY Change
Total Liabilities & Shareholders Equity $314.2M $314.2M $264.2M
YoY Change 18.92% 18.93% 1.86%

Cashflow Statement

Concept 2014 Q4 2014 2013 Q4
OPERATING ACTIVITIES
Net Income $33.84M $40.00M $3.580M
YoY Change 845.25% 246.43% -0.83%
Depreciation, Depletion And Amortization $670.0K $2.526M $580.0K
YoY Change 15.52% 13.75% 7.41%
Cash From Operating Activities $3.750M $16.91M $5.860M
YoY Change -36.01% -15.06% 22.08%
INVESTING ACTIVITIES
Capital Expenditures -$430.0K $3.047M -$790.0K
YoY Change -45.57% 9.4% 31.67%
Acquisitions
YoY Change
Other Investing Activities $90.00K $270.0K $100.0K
YoY Change -10.0% 8.0% 25.0%
Cash From Investing Activities -$340.0K -$2.931M -$690.0K
YoY Change -50.72% -55.96% 27.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $377.5K
YoY Change 98.2%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.370M -14.02M -3.370M
YoY Change -29.67% 32.03% -14.9%
NET CHANGE
Cash From Operating Activities 3.750M 16.91M 5.860M
Cash From Investing Activities -340.0K -2.931M -690.0K
Cash From Financing Activities -2.370M -14.02M -3.370M
Net Change In Cash 1.040M -39.57K 1.800M
YoY Change -42.22% -101.5% 500.0%
FREE CASH FLOW
Cash From Operating Activities $3.750M $16.91M $5.860M
Capital Expenditures -$430.0K $3.047M -$790.0K
Free Cash Flow $4.180M $13.87M $6.650M
YoY Change -37.14% -19.04% 23.15%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.045
CY2015Q2 dei Entity Public Float
EntityPublicFloat
21466518
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
93626094
CY2013Q4 us-gaap Goodwill
Goodwill
7062310
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14299013
CY2014Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.034 pure
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2830904 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
75776497
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
118535400
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
867774
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
130542288
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3112500
CY2014Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
97693750
CY2014Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
0
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1027628
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
749376
CY2014Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
1027628
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
149486
CY2014Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
351648
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9864528
CY2014Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
243067
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
840547
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1120434
CY2014Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2094539
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
544932
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
27066481
CY2014Q4 us-gaap Liabilities
Liabilities
183648593
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
314190881
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2413145
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
77373115
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19397226
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
14097462
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
630775
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
74041982
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3088066
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
21933
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
75776497
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
96137758
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
134277
CY2014Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1555992
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
293184
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2227393
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4326826
CY2014Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
1700000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
404667
CY2014Q4 us-gaap Assets
Assets
314190881
CY2014Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
234328330
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17637686
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28254202
CY2014Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
286149
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1596618
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
15107464
CY2014Q4 us-gaap Assets Current
AssetsCurrent
35317889
CY2014Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
1748092
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2784210
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
329107
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1507512
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
780009
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1358026
CY2014Q4 us-gaap Goodwill
Goodwill
8857516
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
636552
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14259441
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47651428
CY2014Q4 bbgi Trade Sales Payable
TradeSalesPayable
693819
CY2014Q4 bbgi Prorations Payable Current
ProrationsPayableCurrent
1575428
CY2014Q4 bbgi Long Term Debt And Capital Lease Obligations Net Of Unamortized Debt Issuance Costs
LongTermDebtAndCapitalLeaseObligationsNetOfUnamortizedDebtIssuanceCosts
93025258
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2882179 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
9279734
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
5192706
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
8591662
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
1484048
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
77739201
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
119495619
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1829624
CY2015Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
952465
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
40215785
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
133537075
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2282678
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1484048
CY2015Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
89750216
CY2015Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
750216
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1032573
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1812219
CY2015Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
1032573
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
554041
CY2015Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
560169
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
7472814
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7588106
CY2015Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
382250
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1156510
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1827003
CY2015Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2247886
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
596380
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
29302054
CY2015Q4 us-gaap Liabilities
Liabilities
177864820
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
311401895
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
6901460
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
78980288
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3441001
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
68331772
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21758231
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7723100
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10899157
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
594079
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
75690599
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2907439
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
367416
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
75159
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
8897610
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
77739201
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
87945826
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
212808
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1804390
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
277235
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1835166
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5455441
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
321860
CY2015Q4 us-gaap Assets
Assets
311401895
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
71648
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
140677
CY2015Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
234719505
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
19847536
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27523353
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
743195
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
276832
CY2015Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
688462
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1241087
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
18772
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
15361869
CY2015Q4 us-gaap Assets Current
AssetsCurrent
37079580
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1017059
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
319049
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1098279
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15752
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
544238
CY2015Q4 us-gaap Goodwill
Goodwill
5336583
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1896491
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14318494
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
36309
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49281584
CY2015Q4 bbgi Trade Sales Payable
TradeSalesPayable
761344
CY2015Q4 bbgi Long Term Debt And Capital Lease Obligations Net Of Unamortized Debt Issuance Costs
LongTermDebtAndCapitalLeaseObligationsNetOfUnamortizedDebtIssuanceCosts
86461778
CY2014Q4 bbgi Number Of Radio Stations Acquired Through Asset Exchange
NumberOfRadioStationsAcquiredThroughAssetExchange
14 Radio_Stations
CY2015Q4 us-gaap Sale Leaseback Transaction Current Period Gain Recognized
SaleLeasebackTransactionCurrentPeriodGainRecognized
300000
CY2015Q4 bbgi Number Of Radio Towers Sold To Unrelated Party
NumberOfRadioTowersSoldToUnrelatedParty
2 Tower
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.74
CY2014 us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.0257 pure
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.18
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3834992
CY2014 us-gaap Interest Paid Net
InterestPaidNet
4005207
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
182035
CY2014 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-1282
CY2014 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
104167
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
514275
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
326282
CY2014 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
3700000
CY2014 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
447828
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1031503
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2689
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
68429132
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
1317902
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.70
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.04
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.71
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16913700
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22944815 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
132990 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22811825 shares
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.04
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3047388
CY2014 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-332034
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
42621758
CY2014 us-gaap Net Income Loss
NetIncomeLoss
39999367
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
965985
CY2014 us-gaap Revenues
Revenues
58705903
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4104155
CY2014 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
155000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
377480
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
5559676
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
629967
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
39033382
CY2014 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-801275
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-30569
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2689
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
39996678
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1480260
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1317902
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2709995
CY2014 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
88620
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
377480
CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
3308014
CY2014 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
59991
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
23421301
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1007025
CY2014 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1109211
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3140417
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3100000
CY2014 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-9181250
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1795206
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
589270
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-39572
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3333
CY2014 us-gaap Operating Expenses
OperatingExpenses
53146227
CY2014 us-gaap Interest Expense
InterestExpense
4375129
CY2014 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
29395750
CY2014 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
375376
CY2014 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
374002
CY2014 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
27732682
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14022093
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24344571
CY2014 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1261318
CY2014 us-gaap Severance Costs1
SeveranceCosts1
458585
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
832118
CY2014 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
3900000
CY2014 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
62500
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8923117
CY2014 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
369922
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4649581
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5481699
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
24468287
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1770
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4108244
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-554696
CY2014 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
29910025
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2151949
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2931179
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2525951
CY2014 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
24428326
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1195443
CY2014 bbgi Station Operating Expenses
StationOperatingExpenses
40351258
CY2014 bbgi Disposal Group Including Discontinued Non Operating Income Expense
DisposalGroupIncludingDiscontinuedNonOperatingIncomeExpense
-330416
CY2014 bbgi Property And Equipment Acquired Through Logo Agreement
PropertyAndEquipmentAcquiredThroughLogoAgreement
179980
CY2014 bbgi Gain On Exchange Of Radio Stations
GainOnExchangeOfRadioStations
54306974
CY2014 bbgi Excess Tax Benefit Shortfall From Sharebased Compensation Financing Activities
ExcessTaxBenefitShortfallFromSharebasedCompensationFinancingActivities
88620
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>(1)</b></td> <td valign="top" align="left"><b>Nature of Business</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Beasley Broadcast Group, Inc. (the &#x201C;Company&#x201D;) is a radio broadcasting company operating one reportable business segment whose primary business is operating radio stations throughout the United States. The Company owns and operates 52 radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Fayetteville, NC, Fort Myers-Naples, FL, Greenville-New Bern-Jacksonville, NC, Las Vegas, NV, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE.</p> </div>
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
51275 shares
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.18
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0001099160
CY2015 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <i>Concentrations of Risk</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Certain cash deposits with financial institutions may at times exceed FDIC insurance limits.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The radio stations located in Tampa-Saint Petersburg, FL and Charlotte, NC contributed 49.7% of the Company&#x2019;s net revenue in 2015.</p> </div>
CY2015 us-gaap Common Stock Voting Rights
CommonStockVotingRights
In the election of directors, the holders of Class A common stock are entitled by class vote, exclusive of other stockholders, to elect two of the Company's directors, with each Class A share being entitled to one vote. In the election of the other six directors and all other matters submitted to the stockholders for a vote, the holders of Class A shares and Class B shares shall vote as a single class, with each Class A share being entitled to one vote and each Class B share entitled to ten votes.
CY2015 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.095 pure
CY2015 us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P5Y
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14371755
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
55471
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3834992
CY2015 dei Entity Registrant Name
EntityRegistrantName
BEASLEY BROADCAST GROUP INC
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23025720 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
113993 shares
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22911727 shares
CY2015 dei Trading Symbol
TradingSymbol
BBGI
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.28
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt; TEXT-INDENT: 4%"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Such estimates include (i) fair values used for testing FCC broadcasting licenses and goodwill for impairment; (ii) future cash flows used for testing recoverability of property and equipment; (iii) the amount of allowance for doubtful accounts; (iv) the realization of deferred tax assets, and (v) the fair value of assets exchanged with CBS Radio. Actual results and outcomes may differ from management&#x2019;s estimates and assumptions.</p> </div>
CY2015 us-gaap Fair Value Inputs Long Term Revenue Growth Rate
FairValueInputsLongTermRevenueGrowthRate
0.025 pure
CY2015 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2025-12-31
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4121804
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
391175
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2129084
CY2015 us-gaap Net Income Loss
NetIncomeLoss
6362322
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
6362322
CY2015 us-gaap Revenues
Revenues
105946670
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
254405
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
13647821
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1327158
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
881938
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
3700000
CY2015 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1147178
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2905096
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
53226
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1259939
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
743195
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-558856
CY2015 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-9500000
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
53226
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6415548
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10003109
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1112891
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5166327
CY2015 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
750216
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
151036
CY2015 us-gaap Interest Paid Net
InterestPaidNet
3601812
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-496464
CY2015 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-1462
CY2015 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
166667
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3640787
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1112891
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
CY2015 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
154998
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2123431
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-333320
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-400629
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
245847
CY2015 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-2433033
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3700000
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
254405
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
59053
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-36696
CY2015 us-gaap Operating Expenses
OperatingExpenses
92298849
CY2015 us-gaap Interest Expense
InterestExpense
3967794
CY2015 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
1748092
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14368173
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
806250
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2014468
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1737500
CY2015 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
349917
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
226470
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
4000000
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8983860
CY2015 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
339924
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1624206
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1850676
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3501088
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
32494
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4126749
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
706569
CY2015 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
3640787
CY2015 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1790111
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
695246
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3520933
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
331177
CY2015 bbgi Aggregate Permitted Share Repurchases
AggregatePermittedShareRepurchases
2500000
CY2015 bbgi Station Operating Expenses
StationOperatingExpenses
75609147
CY2015 bbgi Advertising Agency Commission
AdvertisingAgencyCommission
0.15 pure
CY2015 bbgi Credit Agreement Mandatory Prepayments
CreditAgreementMandatoryPrepayments
The credit agreement requires mandatory prepayments equal to 50% of consolidated excess cash flow, as defined in the credit agreement, when the Company’s consolidated total debt is equal to or greater than three times its consolidated operating cash flow, as defined in the credit agreement. Prepayments of excess cash flows are not required when the Company’s consolidated total debt is less than three times its consolidated operating cash flow. Mandatory prepayments of consolidated excess cash flow are due 120 days after year end. The credit agreement also requires mandatory prepayments for defined amounts from net proceeds of asset sales, net insurance proceeds, and net proceeds of debt issuances.
CY2015 bbgi Radio Stations Owned And Operated By Entity
RadioStationsOwnedAndOperatedByEntity
52 Radio_Stations
CY2015 bbgi Mandatory Prepayments Of Consolidated Excess Cash Flow Due Period
MandatoryPrepaymentsOfConsolidatedExcessCashFlowDuePeriod
P120D
CY2015 bbgi Aggregate Permitted Cash Dividends And Share Repurchases Thereafter
AggregatePermittedCashDividendsAndShareRepurchasesThereafter
6000000
CY2015 bbgi Weighted Average Period Before Next Renewal Of Companys Broadcasting Licenses
WeightedAveragePeriodBeforeNextRenewalOfCompanysBroadcastingLicenses
P4Y4M24D
CY2015 bbgi Broadcasting Licenses Renewable Terms
BroadcastingLicensesRenewableTerms
P8Y
CY2015 bbgi Aggregate Permitted Cash Dividends And Share Repurchases Current Year
AggregatePermittedCashDividendsAndShareRepurchasesCurrentYear
5000000
CY2015 bbgi Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
2030
CY2015 bbgi Excess Tax Benefit Shortfall From Sharebased Compensation Financing Activities
ExcessTaxBenefitShortfallFromSharebasedCompensationFinancingActivities
-151036
CY2015 bbgi Number Of Automatic Renewals
NumberOfAutomaticRenewals
4 Automatic_Renewal
CY2015Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3500000
CY2015Q3 bbgi Goodwill Impairment Loss Percentage
GoodwillImpairmentLossPercentage
1.00 pure

Files In Submission

Name View Source Status
0001193125-16-480510-index-headers.html Edgar Link pending
0001193125-16-480510-index.html Edgar Link pending
0001193125-16-480510.txt Edgar Link pending
0001193125-16-480510-xbrl.zip Edgar Link pending
bbgi-20151231.xml Edgar Link completed
bbgi-20151231.xsd Edgar Link pending
bbgi-20151231_cal.xml Edgar Link unprocessable
bbgi-20151231_def.xml Edgar Link unprocessable
bbgi-20151231_lab.xml Edgar Link unprocessable
bbgi-20151231_pre.xml Edgar Link unprocessable
d110280d10k.htm Edgar Link pending
d110280dex231.htm Edgar Link pending
d110280dex311.htm Edgar Link pending
d110280dex312.htm Edgar Link pending
d110280dex321.htm Edgar Link pending
d110280dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending