$SALM
SALEM MEDIA GROUP, INC. /DE/

2020 Q3 Form 10-Q Financial Statement

#000119312520291866 Filed on November 13, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q3
Revenue $60.64M $52.87M $64.12M
YoY Change -5.42% -18.26% -2.15%
Cost Of Revenue $47.24M $46.31M $51.11M
YoY Change -7.57% -9.43% -0.54%
Gross Profit $13.40M $6.560M $13.01M
YoY Change 3.0% -51.59% -7.99%
Gross Profit Margin 22.1% 12.41% 20.29%
Selling, General & Admin $3.850M $3.850M $4.180M
YoY Change -7.89% -11.09% 4.76%
% of Gross Profit 28.73% 58.69% 32.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.700M $2.700M $2.700M
YoY Change 0.0% -6.9% -10.0%
% of Gross Profit 20.15% 41.16% 20.75%
Operating Expenses $7.270M $7.420M $8.030M
YoY Change -9.46% -10.71% -6.84%
Operating Profit $4.752M -$888.0K -$14.49M
YoY Change -132.8% -115.85% -330.87%
Interest Expense $4.024M $4.013M $4.410M
YoY Change -8.75% -8.19% -2.15%
% of Operating Profit 84.68%
Other Income/Expense, Net $1.000K $6.000K $0.00
YoY Change -66.67% -100.0%
Pretax Income $730.0K -$4.895M -$18.90M
YoY Change -103.86% -492.23% -1167.02%
Income Tax $401.0K -$2.380M $1.108M
% Of Pretax Income 54.93%
Net Earnings $329.0K -$2.515M -$20.01M
YoY Change -101.64% -30.98% -1757.42%
Net Earnings / Revenue 0.54% -4.76% -31.2%
Basic Earnings Per Share $0.01 -$0.09 -$0.75
Diluted Earnings Per Share $0.01 -$0.09 -$0.75
COMMON SHARES
Basic Shares Outstanding 26.68M 26.68M 26.62M
Diluted Shares Outstanding 27.79M 26.68M 26.62M

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.30M $19.00M $0.00
YoY Change
Cash & Equivalents $19.30M $19.05M $7.000K
Short-Term Investments
Other Short-Term Assets $10.50M $5.800M $14.90M
YoY Change -29.53% 7.41% 69.32%
Inventory $618.0K $707.0K $649.0K
Prepaid Expenses $7.233M $5.793M $6.165M
Receivables $24.22M $22.51M $33.47M
Other Receivables $1.128M $1.297M $9.224M
Total Short-Term Assets $58.71M $51.34M $60.51M
YoY Change -2.98% 24.59% 26.69%
LONG-TERM ASSETS
Property, Plant & Equipment $80.72M $84.38M $88.32M
YoY Change -8.6% -10.79% -8.68%
Goodwill $23.76M $23.69M $26.43M
YoY Change -10.1% -10.41% -1.36%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.790M $2.755M $4.134M
YoY Change -32.51% -34.04% 15.15%
Total Long-Term Assets $481.9M $490.0M $525.7M
YoY Change -8.34% -14.02% 0.88%
TOTAL ASSETS
Total Short-Term Assets $58.71M $51.34M $60.51M
Total Long-Term Assets $481.9M $490.0M $525.7M
Total Assets $540.6M $541.3M $586.2M
YoY Change -7.78% -11.42% 3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.978M $4.810M $4.305M
YoY Change -30.82% -16.14% -6.07%
Accrued Expenses $9.157M $8.360M $9.449M
YoY Change -3.09% -3.32% -13.13%
Deferred Revenue $14.71M $16.57M $9.377M
YoY Change 56.91% 58.73% -24.06%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $16.60M $19.00M $18.07M
YoY Change -8.11% -15.24% 77.11%
Total Short-Term Liabilities $67.82M $68.00M $64.92M
YoY Change 4.47% 2.78% 21.35%
LONG-TERM LIABILITIES
Long-Term Debt $213.6M $213.4M $228.1M
YoY Change -6.36% -6.36% -5.04%
Other Long-Term Liabilities $2.767M $1.717M $546.0K
YoY Change 406.78% 209.93% 780.65%
Total Long-Term Liabilities $216.3M $215.1M $228.6M
YoY Change -5.38% -5.83% 368669.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $67.82M $68.00M $64.92M
Total Long-Term Liabilities $216.3M $215.1M $228.6M
Total Liabilities $408.7M $409.8M $391.6M
YoY Change 4.38% 3.8% 14.33%
SHAREHOLDERS EQUITY
Retained Earnings -$81.35M -$81.68M -$18.12M
YoY Change 349.08% -2356.35% -219.7%
Common Stock $247.0M $246.9M $246.5M
YoY Change 0.18% 0.22% 0.6%
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 $2.318M $2.318M
Shareholders Equity $131.9M $131.5M $194.7M
YoY Change
Total Liabilities & Shareholders Equity $540.6M $541.3M $586.2M
YoY Change -7.78% -11.42% 3.04%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q3
OPERATING ACTIVITIES
Net Income $329.0K -$2.515M -$20.01M
YoY Change -101.64% -30.98% -1757.42%
Depreciation, Depletion And Amortization $2.700M $2.700M $2.700M
YoY Change 0.0% -6.9% -10.0%
Cash From Operating Activities $4.180M $11.24M $6.710M
YoY Change -37.7% -1028.93% -33.76%
INVESTING ACTIVITIES
Capital Expenditures -$1.090M -$950.0K -$1.370M
YoY Change -20.44% -58.7% -27.89%
Acquisitions
YoY Change
Other Investing Activities -$370.0K $2.600M $700.0K
YoY Change -152.86% 453.19% -114.55%
Cash From Investing Activities -$1.460M $1.650M -$680.0K
YoY Change 114.71% -191.16% -89.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.480M 4.920M -6.040M
YoY Change -58.94% 62.91% 77.65%
NET CHANGE
Cash From Operating Activities 4.180M 11.24M 6.710M
Cash From Investing Activities -1.460M 1.650M -680.0K
Cash From Financing Activities -2.480M 4.920M -6.040M
Net Change In Cash 240.0K 17.81M -10.00K
YoY Change -2500.0% -1912334188543998000.0% -150.0%
FREE CASH FLOW
Cash From Operating Activities $4.180M $11.24M $6.710M
Capital Expenditures -$1.090M -$950.0K -$1.370M
Free Cash Flow $5.270M $12.19M $8.080M
YoY Change -34.78% 1018.35% -32.83%

Facts In Submission

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us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
400000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4202000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
188000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
725000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2010000
salm Payments To Repurchase Senior Secured Notes
PaymentsToRepurchaseSeniorSecuredNotes
6123000
salm Payments To Repurchase Senior Secured Notes
PaymentsToRepurchaseSeniorSecuredNotes
3392000
salm Payments On Financing Lease Liabilities
PaymentsOnFinancingLeaseLiabilities
65000
salm Payments On Financing Lease Liabilities
PaymentsOnFinancingLeaseLiabilities
52000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5160000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
667000
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
2280000
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-1885000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10706000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1946000
us-gaap Interest Paid
InterestPaid
8568000
us-gaap Interest Paid
InterestPaid
7731000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
122000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
196000
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
3000
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
140000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23145000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3875000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1907000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-110000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19292000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
117000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7000
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
4113000
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
2152000
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
3673000
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
1971000
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
0
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
4000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
700000
CY2020Q3 salm Prepaid Commission Expense
PrepaidCommissionExpense
700000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9493000
salm Contract With Customer Liability Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedRelatedToShortTermContract
-6123000
salm Contract With Customer Liability Additional Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToShortTermContract
21022000
salm Contract With Customer Liability Additional Revenue Recognized Related To Long Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToLongTermContract
678000
salm Contract With Customer Liability Revenue Recognized And Recorded Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedAndRecordedRelatedToShortTermContract
10283000
salm Contract With Customer Liability Period Increase Decrease Related To Short Term Contract
ContractWithCustomerLiabilityPeriodIncreaseDecreaseRelatedToShortTermContract
604000
salm Contract With Customer Liability Period Increase Decrease Related To Long Term Contract
ContractWithCustomerLiabilityPeriodIncreaseDecreaseRelatedToLongTermContract
604000
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14713000
CY2019Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
9403000
CY2019Q4 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
1744000
CY2020Q3 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
14648000
CY2020Q3 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
1818000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
14713000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
618000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
689000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
266000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
128000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
117000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
16531000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
171762000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189265000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
260795000
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
258455000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
173122000
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
177732000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87673000
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
80723000
CY2020Q3 us-gaap Depreciation
Depreciation
2700000
CY2019Q3 us-gaap Depreciation
Depreciation
2700000
us-gaap Depreciation
Depreciation
8100000
us-gaap Depreciation
Depreciation
8500000
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
49002000
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8958000
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
49052000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
58010000
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0789
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0457
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
54000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6000
salm Finance Lease Cost
FinanceLeaseCost
60000
us-gaap Operating Lease Expense
OperatingLeaseExpense
10720000
us-gaap Variable Lease Cost
VariableLeaseCost
558000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
460000
us-gaap Lease Cost
LeaseCost
11798000
us-gaap Operating Lease Payments
OperatingLeasePayments
10533000
salm Finance Lease Payments
FinanceLeasePayments
4000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
52000
salm Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
2715000
CY2020Q3 salm Contractual Obligations Current
ContractualObligationsCurrent
9014000
CY2020Q3 salm Contractual Obligations Non Current
ContractualObligationsNonCurrent
49138000
CY2020Q3 salm Contractual Obligations Present Value
ContractualObligationsPresentValue
58152000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13033000
CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
60000
CY2020Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
13093000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12482000
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
47000
CY2020Q3 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
12529000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11147000
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
32000
CY2020Q3 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
11179000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8508000
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
11000
CY2020Q3 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
8519000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6999000
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1000
CY2020Q3 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
7000000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
31510000
CY2020Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0
CY2020Q3 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
31510000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83679000
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
151000
CY2020Q3 us-gaap Contractual Obligation
ContractualObligation
83830000
CY2020Q3 salm Operating Lease Imputed Interest
OperatingLeaseImputedInterest
-25669000
CY2020Q3 salm Finance Lease Liability Imputed Interest
FinanceLeaseLiabilityImputedInterest
-9000
CY2020Q3 salm Contractual Obligation Imputed Interest
ContractualObligationImputedInterest
-25678000
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
142000
CY2020Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
56000
CY2018Q4 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
484691000
CY2019Q4 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
441143000
CY2018Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
108375000
CY2019Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
103285000
CY2018Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
376316000
CY2019Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
337858000
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
2908000
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
16994000
CY2020Q3 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
440052000
CY2020Q3 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
120279000
CY2020Q3 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
319773000
CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
28818000
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
28454000
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2029000
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4456000
CY2018Q4 us-gaap Goodwill
Goodwill
26789000
CY2019Q4 us-gaap Goodwill
Goodwill
23998000
CY2020Q3 us-gaap Goodwill Gross
GoodwillGross
28520000
CY2020Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4763000
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
62914000
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58195000
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
62717000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
55617000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7100000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
702000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
1846000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
1209000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
675000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
82000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
205000
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4719000
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
6300000
CY2019Q3 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
200000
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
600000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
228894000
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
230180000
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
16600000
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
216341000
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
232941000
CY2020Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
216300000
CY2020Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
189300000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8900000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
49800000
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
177000
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
74000
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
46000
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
335000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
71000
CY2019Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
131000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
55000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
954000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
202000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5045
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5007
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5396
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.1575
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.1491
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0730
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y7M6D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0171
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0183
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0114
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
100000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
300000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1300000
CY2019Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-40000
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-10000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-40000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-12000
CY2019Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
1915000
CY2020Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
1915000
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
17254000
CY2019Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
307000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-16000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2254000
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
35000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
43000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
124000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
14000
CY2020Q3 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
3500000
us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0675
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3400000
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
49000000
CY2020Q3 salm Estimated Contingent Payment Earnout Liability
EstimatedContingentPaymentEarnoutLiability
7000
CY2019Q4 salm Estimated Contingent Payment Earnout Liability
EstimatedContingentPaymentEarnoutLiability
19000
CY2020Q3 salm Lease Payments Withheld
LeasePaymentsWithheld
300000
salm Operating Lease Rent Abatement Concessions
OperatingLeaseRentAbatementConcessions
300000
CY2020Q3 salm Deferred Cash Payments For Leases
DeferredCashPaymentsForLeases
600000
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2427000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
307000
CY2019Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
4100000
CY2020Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
37100000
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.549
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.059
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.190
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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4880 SANTA ROSA ROAD
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SALEM MEDIA GROUP, INC. /DE/
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font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width:9%;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="text-align:left;;vertical-align:top;;width:3%;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#8226;</div></div></td><td style="vertical-align:top;;width:1%;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="font-size: 10pt;;text-align:left;;vertical-align:top;"><div style="font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: 'times new roman'; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">estimates used in going concern analysis. </div></div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px; background: none;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px; background: none;"></div><div style="font-family: times new roman; font-size: 10pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: 'times new roman'; 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></div></div> <div style="font-family: 'times new roman'; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 10pt; margin-bottom: 0pt; line-height: 12pt;">The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic continues to create significant uncertainty and disruption in the global economy and financial markets. It is reasonably possible that these uncertainties could materially impact our estimates related to, but not limited to, revenue recognition, broadcast licenses, goodwill and income taxes. As a result, many of our estimates and assumptions require increased judgment and carry a higher degree of variability and volatility. Our estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in our consolidated financial statements.</div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
salm Deferred Payments On Acquisitions
DeferredPaymentsOnAcquisitions
708000
salm Payment For Contingent Earn Out Consideration
PaymentForContingentEarnOutConsideration
0
CY2020Q3 salm Business Acquisition Initial Purchase Price
BusinessAcquisitionInitialPurchasePrice
400000
CY2020Q3 salm Business Acquisition Deferred Payment
BusinessAcquisitionDeferredPayment
700000
CY2020Q3 salm Business Acquisition Closing Costs Accrued For Asset Acquisitions
BusinessAcquisitionClosingCostsAccruedForAssetAcquisitions
8000
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
1108000
CY2020Q3 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
866000
CY2020Q3 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
66000
CY2020Q3 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Customer Lists And Contracts
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesCustomerListsAndContracts
179000
CY2020Q3 salm Assets Acquisition Purchase Price Allocation Domain And Brand Names
AssetsAcquisitionPurchasePriceAllocationDomainAndBrandNames
18000
CY2020Q3 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Customer Assets Acquired Net
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesCustomerAssetsAcquiredNet
1129000
CY2020Q3 salm Business Acquisition Purchase Price Allocation Contract Liabilities
BusinessAcquisitionPurchasePriceAllocationContractLiabilities
21000
CY2020Q3 salm Assets And Business Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
AssetsAndBusinessAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
1108000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
100000
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
48000000
CY2020Q1 salm Additional Term Of Time Brokerage Agreement
AdditionalTermOfTimeBrokerageAgreement
P30M
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Many of these leases contain options under which we can extend the term from five to twenty years
us-gaap Lessee Finance Lease Option To Extend
LesseeFinanceLeaseOptionToExtend
Many of these leases contain options under which we can extend the term from five to twenty years
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
us-gaap Lessee Finance Lease Existence Of Option To Extend
LesseeFinanceLeaseExistenceOfOptionToExtend
true
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y8M1D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P11M1D
salm Deferred Payments On Acquisitions
DeferredPaymentsOnAcquisitions
0
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
0
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1M
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
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
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
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
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodIntrinsicValue
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Or Expired In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedOrExpiredInPeriodIntrinsicValue
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies

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