$SALM
SALEM MEDIA GROUP, INC. /DE/

2018 Q2 Form 10-Q Financial Statement

#000114420418042910 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q4 2017 Q2
Revenue $66.27M $67.21M $66.11M
YoY Change 0.24% -4.93% -2.46%
Cost Of Revenue $51.16M $50.89M $49.97M
YoY Change 2.38% -3.18% -2.91%
Gross Profit $15.11M $16.32M $16.14M
YoY Change -6.38% -9.98% -1.04%
Gross Profit Margin 22.8% 24.28% 24.41%
Selling, General & Admin $4.030M $3.070M $3.830M
YoY Change 5.22% 0.0% 7.28%
% of Gross Profit 26.67% 18.81% 23.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.000M $4.370M $3.100M
YoY Change -3.23% -6.22% 3.33%
% of Gross Profit 19.85% 26.78% 19.21%
Operating Expenses $8.620M $7.470M $8.040M
YoY Change 7.21% -0.27% -85.39%
Operating Profit $1.343M $4.531M $8.619M
YoY Change -84.42% 31.03% -11.16%
Interest Expense $4.754M -$4.550M $3.924M
YoY Change 21.15% 119.81% 5.2%
% of Operating Profit 353.98% -100.42% 45.53%
Other Income/Expense, Net -$88.00K $0.00 $0.00
YoY Change
Pretax Income -$3.265M -$20.00K $1.962M
YoY Change -266.41% -101.41% -64.62%
Income Tax -$1.098M $620.0K $690.0K
% Of Pretax Income 35.17%
Net Earnings -$2.167M $22.36M $1.272M
YoY Change -270.36% 652.29% -62.1%
Net Earnings / Revenue -3.27% 33.27% 1.92%
Basic Earnings Per Share -$0.08 $0.85 $0.05
Diluted Earnings Per Share -$0.08 $0.85 $0.05
COMMON SHARES
Basic Shares Outstanding 26.18M 26.17M shares 26.06M shares
Diluted Shares Outstanding 26.18M 26.38M shares 26.59M shares

Balance Sheet

Concept 2018 Q2 2017 Q4 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change -100.0%
Cash & Equivalents $9.000K $3.000K $19.00K
Short-Term Investments
Other Short-Term Assets $15.20M $10.30M $8.100M
YoY Change 87.65% -34.39% -52.63%
Inventory $953.0K $730.0K $900.0K
Prepaid Expenses $7.207M $6.824M
Receivables $32.58M $32.55M $33.60M
Other Receivables $727.0K $820.0K $900.0K
Total Short-Term Assets $52.60M $46.72M $43.50M
YoY Change 20.93% -14.29% -16.34%
LONG-TERM ASSETS
Property, Plant & Equipment $96.42M $99.48M $101.6M
YoY Change -5.1% -3.22% -2.83%
Goodwill $25.80M $26.42M
YoY Change 3.17%
Intangibles $10.18M $13.10M $12.20M
YoY Change -16.58% -9.05% -7.69%
Long-Term Investments
YoY Change
Other Assets $3.768M $3.191M $5.700M
YoY Change -33.89% 8.1% 83.63%
Total Long-Term Assets $512.0M $526.1M $534.3M
YoY Change -4.18% -1.8% -1.12%
TOTAL ASSETS
Total Short-Term Assets $52.60M $46.72M $43.50M
Total Long-Term Assets $512.0M $526.1M $534.3M
Total Assets $564.6M $572.8M $577.8M
YoY Change -2.29% -2.96% -2.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.228M $1.584M $2.500M
YoY Change 69.12% -68.12% -30.79%
Accrued Expenses $12.05M $9.281M $22.60M
YoY Change -46.68% -40.73% 111.47%
Deferred Revenue $11.40M $12.76M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.00M $9.100M $10.10M
YoY Change 18.81% 1416.67% 129.55%
Total Short-Term Liabilities $49.34M $42.15M $44.60M
YoY Change 10.64% 7.69% 17.83%
LONG-TERM LIABILITIES
Long-Term Debt $240.3M $249.6M $249.2M
YoY Change -3.57% -4.4% -6.46%
Other Long-Term Liabilities $51.00K $64.00K $14.90M
YoY Change -99.66% -4.48% 42471.43%
Total Long-Term Liabilities $51.00K $64.00K $264.1M
YoY Change -99.98% -4.48% 754471.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.34M $42.15M $44.60M
Total Long-Term Liabilities $51.00K $64.00K $264.1M
Total Liabilities $337.8M $341.5M $363.1M
YoY Change -6.96% -9.9% -4.8%
SHAREHOLDERS EQUITY
Retained Earnings $15.63M $20.37M
YoY Change 709.62%
Common Stock $244.8M $244.6M
YoY Change 0.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.01M $34.01M
YoY Change 0.0%
Treasury Stock Shares 2.318M shares 2.318M shares 2.318M shares
Shareholders Equity $226.7M $231.3M $214.7M
YoY Change
Total Liabilities & Shareholders Equity $564.6M $572.8M $577.8M
YoY Change -2.29% -2.96% -2.45%

Cashflow Statement

Concept 2018 Q2 2017 Q4 2017 Q2
OPERATING ACTIVITIES
Net Income -$2.167M $22.36M $1.272M
YoY Change -270.36% 652.29% -62.1%
Depreciation, Depletion And Amortization $3.000M $4.370M $3.100M
YoY Change -3.23% -6.22% 3.33%
Cash From Operating Activities -$2.800M $2.160M $7.540M
YoY Change -137.14% -82.52% -12.73%
INVESTING ACTIVITIES
Capital Expenditures -$2.210M -$1.730M -$2.190M
YoY Change 0.91% -24.78% -23.69%
Acquisitions
YoY Change
Other Investing Activities $1.990M $1.240M $330.0K
YoY Change 503.03% -256.96% -76.92%
Cash From Investing Activities -$220.0K -$490.0K -$1.860M
YoY Change -88.17% -84.19% 29.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.030M -1.680M -5.750M
YoY Change -152.7% -81.76% -20.58%
NET CHANGE
Cash From Operating Activities -2.800M 2.160M 7.540M
Cash From Investing Activities -220.0K -490.0K -1.860M
Cash From Financing Activities 3.030M -1.680M -5.750M
Net Change In Cash 10.00K -10.00K -70.00K
YoY Change -114.29% -120.0% 75.0%
FREE CASH FLOW
Cash From Operating Activities -$2.800M $2.160M $7.540M
Capital Expenditures -$2.210M -$1.730M -$2.190M
Free Cash Flow -$590.0K $3.890M $9.730M
YoY Change -106.06% -73.47% -15.46%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">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><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Significant areas for which management uses estimates include:</div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-left: 1.13in; margin-top: 0px; text-indent: -0.25in; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">revenue recognition,</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">asset impairments, including goodwill, broadcasting licenses, other indefinite-lived intangible assets, and assets held for sale;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">probabilities associated with the potential for contingent earn-out consideration;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">fair value measurements;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">contingency reserves;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">allowance for doubtful accounts;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">sales returns and allowances;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">barter transactions;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">inventory reserves;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">reserves for royalty advances;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">fair value of equity awards;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">self-insurance reserves;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">estimated lives for tangible and intangible assets;</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">income tax valuation allowances; and</div></div></td></tr></table></div><div style="text-align:left;"><table style="border: none; border-collapse: separate; margin-bottom: 0.001pt; width: 100%; table-layout: fixed; border-spacing: 0px;"><tr><td style="padding: 0pt 0px; vertical-align: top; width: 63pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none;"> </div></td><td style="padding: 0pt 0px; vertical-align: top; width: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: symbol; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div></div></td><td style="padding: 0pt 0px; vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">uncertain tax positions.</div></div></td></tr></table></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">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="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Reclassifications</div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certain reclassifications have been made to the prior year financial statements to conform to the current year presentation. These include reclassifications of contract liabilities associated with the adoption of new revenue recognition guidance as of January 1, 2018.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q2 salm Net Broadcast Revenue
NetBroadcastRevenue
49251000 USD
CY2018Q2 salm Net Broadcast Revenue
NetBroadcastRevenue
50563000 USD
salm Net Broadcast Revenue
NetBroadcastRevenue
97055000 USD
salm Net Broadcast Revenue
NetBroadcastRevenue
98613000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2011087 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1490404 shares
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
12020000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4182 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4184 pure
salm Impairment Charges Land Held For Sale
ImpairmentChargesLandHeldForSale
1900000 USD
CY2018Q2 salm Revenue Remaining Performance Obligation In Year One
RevenueRemainingPerformanceObligationInYearOne
11400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2845000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000 USD
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000 USD
CY2018Q2 salm Revenue Remaining Performance Obligation In Year Two
RevenueRemainingPerformanceObligationInYearTwo
759000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0789 pure
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.08 pure
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
118000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
101877 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
530963 shares
salm Net Digital Revenue
NetDigitalRevenue
21552000 USD
salm Net Digital Revenue
NetDigitalRevenue
20654000 USD
CY2017Q2 salm Net Digital Revenue
NetDigitalRevenue
10866000 USD
CY2018Q2 salm Net Digital Revenue
NetDigitalRevenue
10260000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
100000 USD
CY2017Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
44000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
200000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
3776000 USD
CY2018Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
245000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11019000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10187000 USD
CY2017Q2 salm Net Publishing Revenue
NetPublishingRevenue
5995000 USD
CY2018Q2 salm Net Publishing Revenue
NetPublishingRevenue
5449000 USD
salm Net Publishing Revenue
NetPublishingRevenue
12485000 USD
salm Net Publishing Revenue
NetPublishingRevenue
10800000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
128000 USD
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y4M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y4M24D
CY2018Q2 salm Revenue Remaining Performance Obligation In Year Three
RevenueRemainingPerformanceObligationInYearThree
254000 USD
CY2016Q4 salm Indefinitelived License Agreementsgross
IndefinitelivedLicenseAgreementsgross
494058000 USD
CY2017Q4 salm Indefinitelived License Agreementsgross
IndefinitelivedLicenseAgreementsgross
486455000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
2351000 USD
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
27642000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
28453000 USD
CY2016Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
-105541000 USD
CY2017Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
-105541000 USD
CY2018Q2 salm Revenue Remaining Performance Obligation In Year Four
RevenueRemainingPerformanceObligationInYearFour
124000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0293 pure
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0295 pure
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
87000 USD
us-gaap Revenues
Revenues
131092000 USD
us-gaap Revenues
Revenues
130067000 USD
CY2017Q2 us-gaap Revenues
Revenues
66112000 USD
CY2018Q2 us-gaap Revenues
Revenues
66272000 USD
CY2017Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
227000 USD
CY2018Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
143000 USD
CY2018Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
223600000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
796000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
3000000 USD
CY2017Q2 us-gaap Depreciation
Depreciation
3100000 USD
us-gaap Depreciation
Depreciation
6000000 USD
us-gaap Depreciation
Depreciation
6100000 USD
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1657000 USD
CY2018Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
695000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
9000 USD
CY2018Q2 salm Revenue Remaining Performance Obligation In Year Five
RevenueRemainingPerformanceObligationInYearFive
74000 USD
CY2016Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
388517000 USD
CY2017Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
380914000 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2029000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2029000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
730000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
953000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
196000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
25613000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
26424000 USD
CY2017 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
198000 USD
us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
0 USD
CY2018Q2 salm Revenue Remaining Performance Obligation In Thereafter Year Five
RevenueRemainingPerformanceObligationInThereafterYearFive
152000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
245000000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
32545000 USD
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
32577000 USD
CY2017Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
759000 USD
CY2018Q2 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
507000 USD
CY2017Q2 salm Broadcast Expenses Net
BroadcastExpensesNet
35931000 USD
CY2018Q2 salm Broadcast Expenses Net
BroadcastExpensesNet
37243000 USD
salm Broadcast Expenses Net
BroadcastExpensesNet
71767000 USD
salm Broadcast Expenses Net
BroadcastExpensesNet
72993000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
216000 USD
salm Digital Expenses Net
DigitalExpensesNet
17072000 USD
salm Digital Expenses Net
DigitalExpensesNet
16771000 USD
CY2017Q2 salm Digital Expenses Net
DigitalExpensesNet
8370000 USD
CY2018Q2 salm Digital Expenses Net
DigitalExpensesNet
8397000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
164720000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
166599000 USD
CY2017Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
2298000 USD
CY2018Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
3106000 USD
CY2018Q2 salm Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
257362000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
44000 USD
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
126000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1425000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
172000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
12763000 USD
CY2017 salm Indefinitelived Intangible Assets Increase Due To Capital Improvements
IndefinitelivedIntangibleAssetsIncreaseDueToCapitalImprovements
5000 USD
salm Indefinitelived Intangible Assets Increase Due To Capital Improvements
IndefinitelivedIntangibleAssetsIncreaseDueToCapitalImprovements
0 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10180000 USD
CY2017 us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
7997000 USD
us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
8013000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
570000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
45000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
18000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
33000 USD
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
820000 USD
CY2018Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
727000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
47179000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49942000 USD
CY2017Q2 salm Publishing Expenses Net
PublishingExpensesNet
5668000 USD
CY2018Q2 salm Publishing Expenses Net
PublishingExpensesNet
5522000 USD
salm Publishing Expenses Net
PublishingExpensesNet
12019000 USD
salm Publishing Expenses Net
PublishingExpensesNet
11109000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
9000000 USD
CY2017Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
26000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
11903000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8950000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7951000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3825000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4030000 USD
CY2018Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
72000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
93000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
855000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
127000 USD
CY2018Q2 salm Indefinitelived License Agreementsgross
IndefinitelivedLicenseAgreementsgross
479503000 USD
CY2018Q2 us-gaap Goodwill Gross
GoodwillGross
27832000 USD
CY2018Q2 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
-105541000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2332000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1339000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6824000 USD
CY2018Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7207000 USD
CY2018Q2 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
125000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6200000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4500000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6200000 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
3109000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
3035000 USD
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
6089000 USD
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
6044000 USD
CY2018Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2029000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
258688000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
252280000 USD
CY2018Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
60122000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
60283000 USD
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
2285000 USD
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
2954000 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
1143000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
1476000 USD
CY2018Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
252280000 USD
CY2017Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
3500000 USD
CY2018Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
8025000 USD
CY2018Q2 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
373962000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
47179000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49942000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
9109000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12020000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
25803000 USD
salm Percentage Of Intangible Assets
PercentageOfIntangibleAssets
0.71 pure
CY2017Q4 us-gaap Assets Current
AssetsCurrent
46720000 USD
CY2018Q2 us-gaap Assets Current
AssetsCurrent
52604000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
700000 USD
CY2017Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-43000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-42000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
72000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
249579000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
240260000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13104000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
19000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2018Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017Q4 us-gaap Treasury Stock Shares
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2317650 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
2317650 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M6D
CY2017Q4 us-gaap Land Available For Sale
LandAvailableForSale
1000000 USD
CY2018Q2 us-gaap Land Available For Sale
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0 USD
us-gaap Depreciation Depletion And Amortization
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8374000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8998000 USD
CY2018Q2 salm Business Acquisition Contingent Earn Out Consideration Payable
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100000 USD
us-gaap Amortization Of Financing Costs
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357000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
587000 USD
CY2017Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
53000 USD
CY2018Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
35000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
510000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-5154000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
505000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-5159000 USD
us-gaap Costs And Expenses
CostsAndExpenses
117654000 USD
us-gaap Costs And Expenses
CostsAndExpenses
123053000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
57493000 USD
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
64929000 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
6000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
4200000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
6000000 USD
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
150000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
99480000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
96423000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
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-74000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
264200000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
263022000 USD
us-gaap Accretion Expense
AccretionExpense
24000 USD
us-gaap Accretion Expense
AccretionExpense
18000 USD
CY2018Q2 us-gaap Derivative Floor Interest Rate
DerivativeFloorInterestRate
0.00625 pure
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
200000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
200000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
300000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
8619000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1343000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
13438000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7014000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
164720000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
166599000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
1600000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
6200000 USD
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2019-03-28
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
796000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
796000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1272000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-812000 USD
CY2017Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
313000 USD
CY2018Q2 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
313000 USD
CY2018Q2 us-gaap Derivative Fixed Interest Rate
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0.01645 pure
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-2167000 USD
us-gaap Net Income Loss
NetIncomeLoss
2332000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1339000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
1272000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
3924000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
4754000 USD
us-gaap Interest Expense
InterestExpense
7354000 USD
us-gaap Interest Expense
InterestExpense
9272000 USD
CY2017Q2 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
800000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
357000 USD
CY2017Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
550000 USD
CY2018Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
418000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
357000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2017Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2018Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2734000 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
234000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2775000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
234000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1070000 USD
CY2018Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1070000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2775000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
234000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10180000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13104000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3191000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3768000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-88000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1962000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3265000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3668000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2035000 USD
CY2017Q4 us-gaap Assets
Assets
572819000 USD
CY2018Q2 us-gaap Assets
Assets
564576000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1336000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-696000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
690000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1098000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-2669000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
1099000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
197000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
223000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1584000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
4228000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9281000 USD
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12050000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
9109000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12020000 USD
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
172000 USD
CY2018Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
192000 USD
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
804000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
383000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1105000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
488000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7643000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7905000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1445000 USD
CY2018Q2 us-gaap Interest Payable Current
InterestPayableCurrent
1416000 USD
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
-56000 USD
us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
166000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-405000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1970000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
12763000 USD
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11400000 USD
CY2017Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
152000 USD
CY2018Q2 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
133000 USD
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26062403 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26177247 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25982102 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26174393 shares
us-gaap Increase Decrease In Other Operating Liabilities
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-15000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-13000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-164000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
20000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26442146 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26174393 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26593366 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26177247 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16579000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10071000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
42149000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
49344000 USD
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
4768000 USD
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
4680000 USD
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0650
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0650
CY2018Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1700000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1700000 USD
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
52000 USD
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
7000 USD
CY2018Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
13486000 USD
us-gaap Payments For Proceeds From Other Deposits
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42000 USD
CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
71000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
203000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
34151000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
33339000 USD
CY2017Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
13644000 USD
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
6300000 USD
us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
185000 USD
salm Procceeds From Deposit Received Under Option Agreement For Radio Station Sales
ProcceedsFromDepositReceivedUnderOptionAgreementForRadioStationSales
0 USD
salm Procceeds From Deposit Received Under Option Agreement For Radio Station Sales
ProcceedsFromDepositReceivedUnderOptionAgreementForRadioStationSales
2045000 USD
CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1951000 USD
CY2018Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1363000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
64000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
51000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
130000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1100000 USD
CY2018Q2 salm Agreement To Sell Assets In Cash
AgreementToSellAssetsInCash
1000000 USD
CY2018Q2 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
1600000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
310000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
70000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
341538000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
337843000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
600000 USD
us-gaap Proceeds From Sale Of Productive Assets
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600000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1791000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
289000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
399000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4991000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2605000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
244634000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
244827000 USD
CY2018Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.0458 pure
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
20370000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15629000 USD
CY2018Q2 salm Prepaid Commission Expense
PrepaidCommissionExpense
700000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
34006000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
34006000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
9550000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
231281000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
226733000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
572819000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
564576000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
783000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
255000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
salm Refund Payment Of Debt Issuance Costs
RefundPaymentOfDebtIssuanceCosts
-6368000 USD
salm Refund Payment Of Debt Issuance Costs
RefundPaymentOfDebtIssuanceCosts
21000 USD
salm Payments Of Contingent Earn Out Consideration
PaymentsOfContingentEarnOutConsideration
14000 USD
salm Payments Of Contingent Earn Out Consideration
PaymentsOfContingentEarnOutConsideration
15000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-225000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
455000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-111000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6000 USD
salm Contract With Customer Liability Preriod Increase Decrease Related To Long Term Contract
ContractWithCustomerLiabilityPreriodIncreaseDecreaseRelatedToLongTermContract
-828000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
130000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19000 USD
CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1951000 USD
salm Contract With Customer Liability Revenue Recognized Related To Long Term Contract
ContractWithCustomerLiabilityRevenueRecognizedRelatedToLongTermContract
0 USD
salm Contract With Customer Liability Additional Revenue Recognized Related To Long Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToLongTermContract
240000 USD
salm Contract With Customer Liability Revenue Recognized And Recorded Related To Long Term Contract
ContractWithCustomerLiabilityRevenueRecognizedAndRecordedRelatedToLongTermContract
0 USD
us-gaap Interest Paid
InterestPaid
4849000 USD
us-gaap Interest Paid
InterestPaid
8650000 USD
us-gaap Proceeds From Income Tax Refunds
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211000 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
95000 USD
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
2565000 USD
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
3631000 USD
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
2348000 USD
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
2755000 USD
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
52000 USD
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
7000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
16000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
56000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
62000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
59000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3388000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3402000 USD
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
0 USD
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
9000 USD
CY2018Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
62000 USD
CY2018Q2 salm Business Acquisition Purchase Price Allocation Broad Cast Licenses
BusinessAcquisitionPurchasePriceAllocationBroadCastLicenses
1061000 USD
CY2018Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
7000 USD
CY2018Q2 salm Business Acquisition Purchase Price Allocation Customer Lists And Contracts
BusinessAcquisitionPurchasePriceAllocationCustomerListsAndContracts
40000 USD
CY2018Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets
1170000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-2838000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
2621000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11699000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7460000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
465000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
12763000 USD
salm Contract With Customer Liability Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedRelatedToShortTermContract
-5393000 USD
salm Contract With Customer Liability Additional Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToShortTermContract
9122000 USD
salm Contract With Customer Liability Revenue Recognized And Recorded Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedAndRecordedRelatedToShortTermContract
-5920000 USD
salm Contract With Customer Liability Preriod Increase Decrease Related To Short Term Contract
ContractWithCustomerLiabilityPreriodIncreaseDecreaseRelatedToShortTermContract
828000 USD
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11400000 USD
CY2017Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
12450000 USD
CY2018Q2 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
11215000 USD
CY2018Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1363000 USD
CY2017Q4 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
1677000 USD
CY2018Q2 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
1363000 USD
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
1170000 USD
CY2018Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
800000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
200000 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
SALEM MEDIA GROUP, INC. /DE/
dei Entity Central Index Key
EntityCentralIndexKey
0001050606
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Trading Symbol
TradingSymbol
SALM

Files In Submission

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