2016 Q2 Form 10-Q Financial Statement

#000114420416116834 Filed on August 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q4 2015 Q2
Revenue $67.78M $69.15M $67.29M
YoY Change 0.72% 4.85% -1.96%
Cost Of Revenue $51.47M $52.00M $50.42M
YoY Change 2.08% -5.13% -2.83%
Gross Profit $16.31M $17.15M $16.87M
YoY Change -3.32% 53.81% 0.78%
Gross Profit Margin 24.06% 24.8% 25.07%
Selling, General & Admin $3.570M $3.940M $3.520M
YoY Change 1.42% -975.56% -11.56%
% of Gross Profit 21.89% 22.97% 20.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.000M $4.400M $3.000M
YoY Change 0.0% -6.98% -36.03%
% of Gross Profit 18.39% 25.66% 17.78%
Operating Expenses $55.04M $7.420M $53.94M
YoY Change 2.04% 81.42% -3.45%
Operating Profit $9.702M $9.265M $9.254M
YoY Change 4.84% 33.37% 23.53%
Interest Expense $3.730M -$2.640M $3.874M
YoY Change -3.72% -50.0% -4.77%
% of Operating Profit 38.45% -28.49% 41.86%
Other Income/Expense, Net $0.00 $190.0K $0.00
YoY Change 1800.0% -100.0%
Pretax Income $5.546M $8.180M $5.826M
YoY Change -4.81% 524.43% 178.76%
Income Tax $2.190M $2.920M $2.303M
% Of Pretax Income 39.49% 35.7% 39.53%
Net Earnings $3.356M $5.255M $3.523M
YoY Change -4.74% 13728.95% 178.94%
Net Earnings / Revenue 4.95% 7.6% 5.24%
Basic Earnings Per Share $0.13 $0.20 $0.14
Diluted Earnings Per Share $0.13 $0.20 $0.14
COMMON SHARES
Basic Shares Outstanding 25.55M shares 25.47M shares 25.43M shares
Diluted Shares Outstanding 26.05M shares 25.89M shares 25.83M shares

Balance Sheet

Concept 2016 Q2 2015 Q4 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $100.0K $200.0K
YoY Change -100.0% 0.0%
Cash & Equivalents $44.00K $98.00K $192.0K
Short-Term Investments
Other Short-Term Assets $17.10M $17.80M $16.70M
YoY Change 2.4% 14.84% 13.61%
Inventory $903.0K $893.0K $900.0K
Prepaid Expenses $6.315M $6.285M
Receivables $33.09M $36.03M $34.84M
Other Receivables $830.0K $1.981M $1.558M
Total Short-Term Assets $52.00M $57.95M $54.10M
YoY Change -3.89% 6.6% 0.0%
LONG-TERM ASSETS
Property, Plant & Equipment $104.6M $105.5M $101.8M
YoY Change 2.67% 6.3% 0.37%
Goodwill $24.79M $24.56M $24.82M
YoY Change -0.09% -0.49% 0.36%
Intangibles $13.22M $11.48M $11.34M
YoY Change 16.55% -7.37% -26.33%
Long-Term Investments
YoY Change
Other Assets $3.104M $2.500M $2.699M
YoY Change 15.01% 21.36% 36.52%
Total Long-Term Assets $540.3M $538.2M $531.9M
YoY Change 1.59% 1.78% -0.56%
TOTAL ASSETS
Total Short-Term Assets $52.00M $57.95M $54.10M
Total Long-Term Assets $540.3M $538.2M $531.9M
Total Assets $592.3M $596.2M $586.0M
YoY Change 1.08% 2.23% -0.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.612M $5.177M $4.587M
YoY Change -21.26% 74.66% 12.84%
Accrued Expenses $10.69M $14.03M $11.92M
YoY Change -10.34% 10.45% 1.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.400M $5.700M $5.300M
YoY Change -16.98% 200.0% 253.33%
Total Short-Term Liabilities $37.85M $44.81M $42.90M
YoY Change -11.76% 12.72% 6.78%
LONG-TERM LIABILITIES
Long-Term Debt $266.4M $269.1M $272.9M
YoY Change -2.38% -2.36% -5.14%
Other Long-Term Liabilities $35.00K $636.0K $1.115M
YoY Change -96.86% -84.57% -71.74%
Total Long-Term Liabilities $35.00K $636.0K $1.115M
YoY Change -96.86% -84.57% -71.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.85M $44.81M $42.90M
Total Long-Term Liabilities $35.00K $636.0K $1.115M
Total Liabilities $381.4M $386.3M $380.6M
YoY Change 0.22% 1.89% -1.53%
SHAREHOLDERS EQUITY
Retained Earnings $2.156M $321.0K -$2.253M
YoY Change -195.69% -107.61% -32.26%
Common Stock $242.5M $240.6M $241.4M
YoY Change 0.46% 0.51% 0.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.01M $34.01M $34.01M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 2.318M shares 2.318M shares 2.318M shares
Shareholders Equity $210.9M $207.2M $205.4M
YoY Change
Total Liabilities & Shareholders Equity $592.3M $596.2M $586.0M
YoY Change 1.08% 2.23% -0.51%

Cashflow Statement

Concept 2016 Q2 2015 Q4 2015 Q2
OPERATING ACTIVITIES
Net Income $3.356M $5.255M $3.523M
YoY Change -4.74% 13728.95% 178.94%
Depreciation, Depletion And Amortization $3.000M $4.400M $3.000M
YoY Change 0.0% -6.98% -36.03%
Cash From Operating Activities $8.640M $10.70M $8.810M
YoY Change -1.93% -26.91% -17.12%
INVESTING ACTIVITIES
Capital Expenditures -$2.870M -$2.820M $200.0K
YoY Change -1535.0% 30.56% -106.43%
Acquisitions
YoY Change
Other Investing Activities $1.430M -$3.770M -$5.330M
YoY Change -126.83% 538.98% 8.55%
Cash From Investing Activities -$1.440M -$6.580M -$7.680M
YoY Change -81.25% 139.27% -4.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.240M -4.200M -1.120M
YoY Change 546.43% -65.46% -57.74%
NET CHANGE
Cash From Operating Activities 8.640M 10.70M 8.810M
Cash From Investing Activities -1.440M -6.580M -7.680M
Cash From Financing Activities -7.240M -4.200M -1.120M
Net Change In Cash -40.00K -80.00K 10.00K
YoY Change -500.0% -70.37% -125.0%
FREE CASH FLOW
Cash From Operating Activities $8.640M $10.70M $8.810M
Capital Expenditures -$2.870M -$2.820M $200.0K
Free Cash Flow $11.51M $13.52M $8.610M
YoY Change 33.68% -19.52% -37.34%

Facts In Submission

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ProvisionForDoubtfulAccounts
268000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2197000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2176000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6315000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7081000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
272000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1191000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
30000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2674000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1440000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-4359000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-5209000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
327000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
0 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-154000 USD
salm Fair Value Business Combination Contingent Consideration
FairValueBusinessCombinationContingentConsideration
300000 USD
salm Accretion Of Acquisition Related Contingent Consideration
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57000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
55000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
15947000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
19718000 USD
salm Payment For Capital Expenditures Net Of Tenant Improvement Allowances
PaymentForCapitalExpendituresNetOfTenantImprovementAllowances
4207000 USD
salm Payment For Capital Expenditures Net Of Tenant Improvement Allowances
PaymentForCapitalExpendituresNetOfTenantImprovementAllowances
5055000 USD
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
947000 USD
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
448000 USD
us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
225000 USD
us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
19000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
5186000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
718000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
390000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
547000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-12277000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7122000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
935000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
3071000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1177000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
88000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
58000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
53000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3301000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3321000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
978000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-2168000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3511000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-12650000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
159000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-54000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
298000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
336000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
0 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3000 USD
us-gaap Interest Paid
InterestPaid
7071000 USD
us-gaap Interest Paid
InterestPaid
7099000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
316000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
60000 USD
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
947000 USD
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
448000 USD
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
11000 USD
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
0 USD
salm Net Present Value Of Contingent Consideration
NetPresentValueOfContingentConsideration
300000 USD
salm Net Present Value Of Contingent Consideration
NetPresentValueOfContingentConsideration
0 USD
salm Net Present Value Of Deferred Cash Payments Short Term
NetPresentValueOfDeferredCashPaymentsShortTerm
0 USD
salm Net Present Value Of Deferred Cash Payments Short Term
NetPresentValueOfDeferredCashPaymentsShortTerm
1300000 USD
CY2016Q2 salm Business Acquisition Initial Purchase Price
BusinessAcquisitionInitialPurchasePrice
3524000 USD
CY2016Q2 salm Business Acquisition Deferred Payment
BusinessAcquisitionDeferredPayment
1300000 USD
CY2016Q2 salm Business Acquisition Cost Of Acquired Entity Cash Paid And Due
BusinessAcquisitionCostOfAcquiredEntityCashPaidAndDue
4824000 USD
CY2015Q4 salm Business Acquisition Contingent Consideration At Present Value
BusinessAcquisitionContingentConsiderationAtPresentValue
775000 USD
salm Fair Value Business Combination Contingent Consideration
FairValueBusinessCombinationContingentConsideration
0 USD
salm Accretion Of Acquisition Related Contingent Consideration
AccretionOfAcquisitionRelatedContingentConsideration
16000 USD
salm Reclassification From Long Term Borrowing To Shortterm Borrowing
ReclassificationFromLongTermBorrowingToShorttermBorrowing
0 USD
salm Business Combination Contingent Consideration Arrangements Payment
BusinessCombinationContingentConsiderationArrangementsPayment
88000 USD
CY2016Q2 salm Business Acquisition Contingent Consideration At Present Value
BusinessAcquisitionContingentConsiderationAtPresentValue
441000 USD
CY2014Q4 salm Business Acquisition Contingent Consideration At Present Value
BusinessAcquisitionContingentConsiderationAtPresentValue
3285000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5237 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4703 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0428 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0536 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y6M
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0085 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0166 pure
CY2016Q1 salm Business Acquisition Contingent Consideration At Present Value
BusinessAcquisitionContingentConsiderationAtPresentValue
574000 USD
CY2016Q2 salm Fair Value Business Combination Contingent Consideration
FairValueBusinessCombinationContingentConsideration
0 USD
CY2016Q2 salm Accretion Of Acquisition Related Contingent Consideration
AccretionOfAcquisitionRelatedContingentConsideration
6000 USD
CY2016Q2 salm Reclassification From Long Term Borrowing To Shortterm Borrowing
ReclassificationFromLongTermBorrowingToShorttermBorrowing
0 USD
CY2016Q2 salm Business Combination Contingent Consideration Arrangements Payment
BusinessCombinationContingentConsiderationArrangementsPayment
5000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
3414000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
3171000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
2659000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
1359000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
303000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2314000 USD
CY2015Q1 us-gaap Payments For Loans
PaymentsForLoans
2000000 USD
CY2015Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
15000 USD
CY2016Q1 us-gaap Payments For Loans
PaymentsForLoans
750000 USD
CY2016Q1 us-gaap Payments For Loans
PaymentsForLoans
809000 USD
CY2016Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2000 USD
CY2016Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 USD
CY2015Q4 us-gaap Debt Current
DebtCurrent
5662000 USD
CY2016Q2 us-gaap Debt Current
DebtCurrent
4439000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
4439000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
3112000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
3102000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
259969000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
113000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
82000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
195000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
130000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
292000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
194000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
156000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
125000 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
63000 USD
CY2016Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
50000 USD
CY2015Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
93000 USD
CY2016Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
75000 USD
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4677 pure
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0408 pure
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0138 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
8000 shares
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Lapse Of Restrictions In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsLapseOfRestrictionsInPeriodWeightedAverageGrantDateFairValue
5.83
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
52000 USD
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodIntrinsicValue
0 USD
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
40000 USD
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Or Expired In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedOrExpiredInPeriodIntrinsicValue
0 USD
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
0 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
8000 shares
CY2015Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
528000 USD
CY2016Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2161000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
0 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
0 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
5.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionForfeitedInPeriodWeightedAverageGrantDateFairValue
0
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2M12D
CY2016Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
700000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y25D
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
500000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
300000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1634034 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1942803 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400366 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
501204 shares
CY2016Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
44000 USD
CY2016Q2 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
33091000 USD
CY2016Q2 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
3612000 USD
CY2016Q2 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
10687000 USD
CY2016Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
270817000 USD
CY2016Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
2979000 USD
CY2016Q2 salm Accrued Interest Payable Fair Value Disclosure
AccruedInterestPayableFairValueDisclosure
47000 USD
CY2016Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2800000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
20000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
6000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000 USD
CY2016Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
500000 USD
us-gaap Operating Expenses
OperatingExpenses
109376000 USD
salm Operating Income Loss Before Depreciation And Amortization
OperatingIncomeLossBeforeDepreciationAndAmortization
22978000 USD
us-gaap Operating Expenses
OperatingExpenses
105346000 USD
salm Operating Income Loss Before Depreciation And Amortization
OperatingIncomeLossBeforeDepreciationAndAmortization
23803000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
55041000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
53941000 USD
CY2015Q2 salm Operating Income Loss Before Depreciation And Amortization
OperatingIncomeLossBeforeDepreciationAndAmortization
13352000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13220000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11481000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13479000 USD
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11287000 USD
CY2015Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
217000 USD
CY2016Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
110000 USD
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1855000 USD
CY2016Q2 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
607000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
162382000 USD
CY2016Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
160604000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
39454000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41785000 USD
CY2015Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2016Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
700000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
700000 USD
salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
0 USD
salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
700000 USD
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
2471000 USD
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
3189000 USD
CY2012Q4 salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
1200000 USD
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
2475000 USD
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
2960000 USD
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
2441000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Significant areas for which management uses estimates include:</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.25in; MARGIN: 0pt 0px 0pt 81pt; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">asset impairments, including goodwill, broadcasting licenses, other indefinite-lived intangible assets, and assets held for sale;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">probabilities associated with the potential for contingent earn-out consideration;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">fair value measurements;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">contingency reserves;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">allowance for doubtful accounts;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">sales returns and allowances;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">barter transactions;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">inventory reserves;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">reserves for royalty advances;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">fair value of equity awards;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">self-insurance reserves;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">estimated lives for tangible and intangible assets;</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">income tax valuation allowances; and</div> </td> </tr> </table> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 63pt"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 18pt"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-FAMILY:Symbol">&#183;</font></div> </td> <td> <div style="CLEAR:both;CLEAR: both">uncertain tax positions.</div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> These estimates require the use of judgment as future events and the effect of these events cannot be predicted with certainty. The estimates will change as new events occur, as more experience is acquired and as more information is obtained. We evaluate and update our assumptions and estimates on an ongoing basis and we may consult outside experts to assist as considered necessary.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>Reclassifications</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>&#160;</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Certain reclassifications have been made to the prior year financial statements to conform to the current year presentation. These reclassifications include the adoption of FASB Accounting Standards Update (&#8220;ASU&#8221;) 2015-03 and ASU 2015-15, which require that debt issuance costs, with the exception of costs associated with obtaining line-of-credit arrangements, be reported as a reduction of the debt liability rather than as a deferred cost asset. The adoption of ASU 2015-03 and ASU 2015-15 is reported as a change in accounting principle and discussed in detail in Note&#160;9 &#150; Notes Payable and Long-Term Debt.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
salm Percentage Of Intangible Assets
PercentageOfIntangibleAssets
0.71 pure
CY2012Q2 salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
5600000 USD
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
50935000 USD
CY2015Q1 salm Business Acquisition Contingent Consideration At Present Value
BusinessAcquisitionContingentConsiderationAtPresentValue
3286000 USD
CY2015Q2 salm Fair Value Business Combination Contingent Consideration
FairValueBusinessCombinationContingentConsideration
142000 USD
CY2015Q2 salm Accretion Of Acquisition Related Contingent Consideration
AccretionOfAcquisitionRelatedContingentConsideration
32000 USD
CY2015Q2 salm Reclassification From Long Term Borrowing To Shortterm Borrowing
ReclassificationFromLongTermBorrowingToShorttermBorrowing
0 USD
CY2015Q2 salm Business Combination Contingent Consideration Arrangements Payment
BusinessCombinationContingentConsiderationArrangementsPayment
877000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
267865000 USD
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
265163000 USD
CY2016Q2 us-gaap Depreciation
Depreciation
3000000 USD
CY2015Q2 us-gaap Depreciation
Depreciation
3000000 USD
us-gaap Depreciation
Depreciation
6200000 USD
us-gaap Depreciation
Depreciation
6000000 USD
CY2016Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
55005000 USD
CY2016Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
100000 USD
CY2015Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
200000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 pure
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
4824000 USD
CY2016Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
384000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Projects In Process
BusinessAcquisitionPurchasePriceAllocationProjectsInProcess
213000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Broadcast Licenses
BusinessAcquisitionPurchasePriceAllocationBroadcastLicenses
492000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Domain And Brand Names
BusinessAcquisitionPurchasePriceAllocationDomainAndBrandNames
914000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Customer Lists And Contracts
BusinessAcquisitionPurchasePriceAllocationCustomerListsAndContracts
2867000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Non Compete Agreement
BusinessAcquisitionPurchasePriceAllocationNonCompeteAgreement
289000 USD
CY2016Q2 salm Business Acquisition Purchase Price Allocation Deferred Revenue
BusinessAcquisitionPurchasePriceAllocationDeferredRevenue
565000 USD
CY2016Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
4824000 USD
CY2016Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0650
CY2016Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1600000 USD
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0650
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1700000 USD
CY2016Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-06-02
CY2016Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-06-30
CY2016Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-06-16
CY2016Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-03-10
CY2016Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-04-05
CY2016Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-03-22
CY2016Q2 salm Operating Income Loss Before Depreciation And Amortization
OperatingIncomeLossBeforeDepreciationAndAmortization
12738000 USD
CY2016Q2 salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
700000 USD
CY2015Q4 salm Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
274755000 USD
CY2016Q2 salm Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
270817000 USD
CY2015Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
139000 USD
CY2016Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
141000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2317650 shares
CY2016Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
2317650 shares
us-gaap Interest Expense Debt
InterestExpenseDebt
279000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
283000 USD
CY2016Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
1300000 USD
CY2016Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2800000 USD

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