2022 Q2 Form 10-Q Financial Statement

#000119312522212737 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $68.68M $62.61M $69.13M
YoY Change 7.68% 5.49% 7.21%
Cost Of Revenue $56.19M $51.06M $53.65M
YoY Change 10.34% 8.13% 6.54%
Gross Profit $12.49M $11.55M $15.48M
YoY Change -2.86% -4.8% 9.58%
Gross Profit Margin 18.18% 18.44% 22.4%
Selling, General & Admin $4.781M $4.810M $4.719M
YoY Change 14.05% 12.12% 10.0%
% of Gross Profit 38.28% 41.65% 30.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.900M $3.276M $3.157M
YoY Change 7.41% 3.34% -6.32%
% of Gross Profit 23.22% 28.37% 20.39%
Operating Expenses $61.35M $8.081M $7.876M
YoY Change 5.53% 8.32% 2.82%
Operating Profit $7.328M $3.467M $7.608M
YoY Change 29.91% -20.41% 17.59%
Interest Expense $3.389M -$3.394M -$3.903M
YoY Change -13.88% -186.45% -2.67%
% of Operating Profit 46.25% -97.89% -51.3%
Other Income/Expense, Net -$1.000K $1.000K $23.00K
YoY Change -101.59% -95.45% -42.5%
Pretax Income $8.035M $1.528M $15.60M
YoY Change 354.21% 237.31% 544.71%
Income Tax -$1.082M -$211.0K -$1.238M
% Of Pretax Income -13.47% -13.81% -7.93%
Net Earnings $9.117M $1.739M $16.84M
YoY Change 303.94% 438.39% 405.71%
Net Earnings / Revenue 13.27% 2.78% 24.36%
Basic Earnings Per Share $0.33 $0.06
Diluted Earnings Per Share $0.33 $62.98K $611.6K
COMMON SHARES
Basic Shares Outstanding 27.21M 27.18M
Diluted Shares Outstanding 27.57M 27.61M

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.540M $0.00 $1.785M
YoY Change -87.21% -100.0% -71.67%
Cash & Equivalents $2.540M $0.00 $1.785M
Short-Term Investments
Other Short-Term Assets $8.647M $8.922M $8.323M
YoY Change 20.67% 17.39% -17.59%
Inventory $1.528M $1.371M $960.0K
Prepaid Expenses $8.380M $6.772M
Receivables $29.27M $31.00M $25.66M
Other Receivables $2.721M $2.034M $1.377M
Total Short-Term Assets $47.67M $43.33M $41.51M
YoY Change -15.51% -25.43% -9.35%
LONG-TERM ASSETS
Property, Plant & Equipment $79.71M $126.2M $79.34M
YoY Change -35.96% 60.62% 0.27%
Goodwill $23.86M $23.99M
YoY Change 0.96%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.773M $7.582M $4.039M
YoY Change -18.58% 188.62% 43.38%
Total Long-Term Assets $467.6M $480.3M $474.6M
YoY Change -1.67% 0.94% -0.87%
TOTAL ASSETS
Total Short-Term Assets $47.67M $43.33M $41.51M
Total Long-Term Assets $467.6M $480.3M $474.6M
Total Assets $515.3M $523.7M $516.1M
YoY Change -3.13% -1.93% -1.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.623M $3.545M $2.661M
YoY Change 11.29% 170.2% 32.65%
Accrued Expenses $18.68M $39.38M $12.01M
YoY Change -41.26% 296.52% 9.13%
Deferred Revenue $12.40M $12.29M
YoY Change 5.51%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00K $59.00K $0.00
YoY Change -83.05% -100.0%
Total Short-Term Liabilities $56.16M $57.03M $51.46M
YoY Change 18.57% 15.73% 1.17%
LONG-TERM LIABILITIES
Long-Term Debt $155.6M $168.4M $170.6M
YoY Change -30.97% -25.22% -20.2%
Other Long-Term Liabilities $65.00K $51.11M $586.0K
YoY Change -99.88% 2185.69% -73.42%
Total Long-Term Liabilities $155.7M $219.5M $171.2M
YoY Change -43.94% -3.48% -20.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.16M $57.03M $51.46M
Total Long-Term Liabilities $155.7M $219.5M $171.2M
Total Liabilities $325.9M $343.5M $337.9M
YoY Change -17.18% -13.67% -13.2%
SHAREHOLDERS EQUITY
Retained Earnings -$25.65M -$36.51M
YoY Change -53.21%
Common Stock $248.7M $248.4M
YoY Change 0.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.01M $34.01M
YoY Change 0.0%
Treasury Stock Shares $2.318M $2.318M
Shareholders Equity $189.3M $180.2M $178.2M
YoY Change
Total Liabilities & Shareholders Equity $515.3M $523.7M $516.1M
YoY Change -3.13% -1.93% -1.61%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $9.117M $1.739M $16.84M
YoY Change 303.94% 438.39% 405.71%
Depreciation, Depletion And Amortization $2.900M $3.276M $3.157M
YoY Change 7.41% 3.34% -6.32%
Cash From Operating Activities $3.487M $4.313M $7.745M
YoY Change 249.75% -53.1% -2681.67%
INVESTING ACTIVITIES
Capital Expenditures -$2.726M -$3.479M -$3.884M
YoY Change 26.61% 77.5% 266.42%
Acquisitions
YoY Change
Other Investing Activities $15.92M -$1.397M $12.72M
YoY Change -778.1% -686.97% 63500.0%
Cash From Investing Activities $13.19M -$4.876M $8.836M
YoY Change -393.09% -473.93% -957.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.14M -1.222M -38.58M
YoY Change 41476.47% -118.61% 231.42%
NET CHANGE
Cash From Operating Activities 3.487M 4.313M 7.745M
Cash From Investing Activities 13.19M -4.876M 8.836M
Cash From Financing Activities -14.14M -1.222M -38.58M
Net Change In Cash 2.540M -1.785M -22.00M
YoY Change -171.81% -110.46% 69.59%
FREE CASH FLOW
Cash From Operating Activities $3.487M $4.313M $7.745M
Capital Expenditures -$2.726M -$3.479M -$3.884M
Free Cash Flow $6.213M $7.792M $11.63M
YoY Change 97.24% -30.16% 1430.13%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Security12b Title
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Class A Common Stock, $0.01 par value per share
dei City Area Code
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dei Entity Registrant Name
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SALEM MEDIA GROUP, INC.
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OperatingIncomeLoss
5641000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7328000
us-gaap Operating Income Loss
OperatingIncomeLoss
9997000
us-gaap Operating Income Loss
OperatingIncomeLoss
12302000
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
0
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
149000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000
us-gaap Investment Income Interest
InvestmentIncomeInterest
149000
CY2021Q2 us-gaap Interest Expense
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3935000
CY2022Q2 us-gaap Interest Expense
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3389000
us-gaap Interest Expense
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7861000
us-gaap Interest Expense
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6783000
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
35000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3913000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3913000
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63000
CY2022Q2 us-gaap Other Nonoperating Income Expense
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-1000
us-gaap Other Nonoperating Income Expense
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85000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1769000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8035000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2222000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9563000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-488000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1082000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-358000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1293000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2257000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
9117000
us-gaap Net Income Loss
NetIncomeLoss
2580000
us-gaap Net Income Loss
NetIncomeLoss
10856000
CY2021Q2 us-gaap Earnings Per Share Basic
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0.08
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26869145
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27214787
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26802892
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27196081
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27232423
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27570881
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27185598
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27590644
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
135279000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
78000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
392000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
323000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
136072000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2257000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
138413000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
178211000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
106000
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
94000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1739000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
180150000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
68000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
453000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5162000
salm Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-4931000
salm Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-4324000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1310000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-167000
salm Increase Decrease In Deferred Rent Income
IncreaseDecreaseInDeferredRentIncome
111000
salm Increase Decrease In Deferred Rent Income
IncreaseDecreaseInDeferredRentIncome
-88000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
9117000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
189335000
us-gaap Profit Loss
ProfitLoss
2580000
us-gaap Profit Loss
ProfitLoss
10856000
us-gaap Share Based Compensation
ShareBasedCompensation
162000
us-gaap Share Based Compensation
ShareBasedCompensation
174000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6456000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6466000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
426000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
496000
us-gaap Other Noncash Expense
OtherNoncashExpense
4348000
us-gaap Other Noncash Expense
OtherNoncashExpense
4414000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-325000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-102000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-403000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1204000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-5000
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
3935000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
127000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-55000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
8628000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-421000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5314000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
224000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
568000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
319000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1608000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
35000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-518000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
42000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1322000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10197000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7800000
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
3994000
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
6153000
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
19000
salm Payment For Capital Expenditures Reimbursable Under Tenant Improvement Allowances And Trade Agreements
PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements
52000
salm Deposit On Broadcast Assets And Radio Station Acquisitions
DepositOnBroadcastAssetsAndRadioStationAcquisitions
100000
salm Deposit On Broadcast Assets And Radio Station Acquisitions
DepositOnBroadcastAssetsAndRadioStationAcquisitions
0
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
600000
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
548000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4500000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
500000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
3500000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3627000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
14150000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
314000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-106000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3200000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8313000
salm Payments To Repurchase Or Exchange Senior Secured Notes
PaymentsToRepurchaseOrExchangeSeniorSecuredNotes
0
salm Payments To Repurchase Or Exchange Senior Secured Notes
PaymentsToRepurchaseOrExchangeSeniorSecuredNotes
15394000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
11195000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
19000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
37000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
392000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
94000
salm Payments On Financing Lease Liabilities
PaymentsOnFinancingLeaseLiabilities
32000
salm Payments On Financing Lease Liabilities
PaymentsOnFinancingLeaseLiabilities
31000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6536000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15358000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13533000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
755000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6325000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1785000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19858000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2540000
us-gaap Interest Paid Net
InterestPaidNet
7391000
us-gaap Interest Paid Net
InterestPaidNet
6156000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1233000
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
1065000
salm Supplemental Noncash Barter Revenue
SupplementalNoncashBarterRevenue
1525000
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
1092000
salm Supplemental Noncash Barter Expense
SupplementalNoncashBarterExpense
1632000
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
19000
salm Capital Expenditures Reimbursable Under Tenant Improvement Allowances
CapitalExpendituresReimbursableUnderTenantImprovementAllowances
52000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1957000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5569000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
4000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
17000
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
27000
CY2022Q2 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Customer Assets Acquired Net
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesCustomerAssetsAcquiredNet
798000
salm Non Cash Capital Expenditures For Property And Equipment Acquired Under Trade Agreements
NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements
0
salm Net Assets And Liabilities Assumed In A Noncash Acquisition
NetAssetsAndLiabilitiesAssumedInANoncashAcquisition
129000
salm Net Assets And Liabilities Assumed In A Noncash Acquisition
NetAssetsAndLiabilitiesAssumedInANoncashAcquisition
0
salm Estimated Present Value Of Contingent Earn Out Consideration
EstimatedPresentValueOfContingentEarnOutConsideration
11000
salm Estimated Present Value Of Contingent Earn Out Consideration
EstimatedPresentValueOfContingentEarnOutConsideration
6000
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
3300000
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
131291000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123135000
us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
60000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
131291000
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Use of Estimates </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Our consolidated financial statements are prepared in accordance with GAAP, which requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. These estimates require the use of judgment as future events, and the effect of these events cannot be predicted with certainty. The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic created 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. </div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Our estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in our consolidated financial statements. 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 style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Significant areas for which management uses estimates include: </div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">revenue recognition; </div></div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">asset impairments, including broadcasting licenses and goodwill; </div></div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">contingency reserves; </div></div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">allowance for doubtful accounts; </div></div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">barter transactions; </div></div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">assessment of contract-based factors, asset-based factors, entity-based factors and market-based factors to determine the lease term impacting <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Right-Of-Use</div></div> (“ROU”) assets and lease liabilities; </div></td></tr></table> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 10%;"> </td> <td style="width: 2%; vertical-align: top;;text-align:left;">•</td> <td style="width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">determining the Incremental Borrowing Rate (“IBR”) for calculating ROU assets and lease liabilities, </div></div></td></tr></table>
CY2022Q2 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
584000
CY2022Q2 salm Assets Acquisition Purchase Price Allocation Broadcast Licenses
AssetsAcquisitionPurchasePriceAllocationBroadcastLicenses
190000
CY2022Q2 salm Assets Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
AssetsAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
2000
CY2022Q2 salm Assets Acquisition Purchase Price Allocation Domain And Brand Names
AssetsAcquisitionPurchasePriceAllocationDomainAndBrandNames
11000
CY2022Q2 salm Assets Acquisition Purchase Price Allocation Non Compete Agreements
AssetsAcquisitionPurchasePriceAllocationNonCompeteAgreements
11000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123135000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2022Q2 salm Prepaid Commission Expense
PrepaidCommissionExpense
700000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
12294000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2222000
salm Contract With Customer Liability Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedRelatedToShortTermContract
-6868000
salm Contract With Customer Liability Revenue Recognized Related To Long Term Contract
ContractWithCustomerLiabilityRevenueRecognizedRelatedToLongTermContract
0
salm Contract With Customer Liability Additional Revenue Recognized Related To Short Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToShortTermContract
12525000
salm Contract With Customer Liability Additional Revenue Recognized Related To Long Term Contract
ContractWithCustomerLiabilityAdditionalRevenueRecognizedRelatedToLongTermContract
424000
salm Contract With Customer Liability Revenue Recognized And Recorded Related To Short Term Contract
ContractWithCustomerLiabilityRevenueRecognizedAndRecordedRelatedToShortTermContract
6248000
salm Contract With Customer Liability Revenue Recognized And Recorded Related To Long Term Contract
ContractWithCustomerLiabilityRevenueRecognizedAndRecordedRelatedToLongTermContract
0
salm Contract With Customer Liability Period Increase Decrease Related To Short Term Contract
ContractWithCustomerLiabilityPeriodIncreaseDecreaseRelatedToShortTermContract
698000
salm Contract With Customer Liability Period Increase Decrease Related To Long Term Contract
ContractWithCustomerLiabilityPeriodIncreaseDecreaseRelatedToLongTermContract
698000
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
12401000
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1948000
CY2021Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
12282000
CY2021Q4 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
2222000
CY2022Q2 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
12389000
CY2022Q2 us-gaap Contract With Customer Refund Liability Noncurrent
ContractWithCustomerRefundLiabilityNoncurrent
1948000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
12401000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1264000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
448000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
138000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
98000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
14349000
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0811
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
230392000
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
227598000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
186053000
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
186881000
CY2021Q4 salm Property Plant And Equipment Net Excluding Land
PropertyPlantAndEquipmentNetExcludingLand
44339000
CY2022Q2 salm Property Plant And Equipment Net Excluding Land
PropertyPlantAndEquipmentNetExcludingLand
40717000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
79339000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
79713000
CY2022Q2 us-gaap Depreciation
Depreciation
2900000
CY2021Q2 us-gaap Depreciation
Depreciation
2700000
us-gaap Depreciation
Depreciation
5800000
us-gaap Depreciation
Depreciation
5300000
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
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
44020000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8795000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42599000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
51394000
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M6D
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0618
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4000
salm Finance Lease Cost
FinanceLeaseCost
34000
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
120000
CY2022Q2 us-gaap Contractual Obligation
ContractualObligation
73872000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
30000
us-gaap Operating Lease Expense
OperatingLeaseExpense
6479000
us-gaap Variable Lease Cost
VariableLeaseCost
290000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
623000
us-gaap Lease Cost
LeaseCost
7426000
us-gaap Operating Lease Payments
OperatingLeasePayments
7519000
salm Finance Lease Payments
FinanceLeasePayments
2000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
31000
salm Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
5569000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
17000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11928000
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
60000
CY2022Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
11988000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11272000
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
26000
CY2022Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
11298000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9821000
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
21000
CY2022Q2 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
9842000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8755000
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
8000
CY2022Q2 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
8763000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5220000
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4000
CY2022Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
5224000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
26756000
CY2022Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1000
CY2022Q2 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
26757000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
73752000
CY2022Q2 salm Contractual Obligation Imputed Interest
ContractualObligationImputedInterest
-22368000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
51394000
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
110000
CY2022Q2 salm Operating Lease Imputed Interest
OperatingLeaseImputedInterest
-22358000
CY2022Q2 salm Finance Lease Liability Imputed Interest
FinanceLeaseLiabilityImputedInterest
-10000
CY2021Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
320008000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
51394000
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
110000
CY2022Q2 salm Contractual Obligations Present Value
ContractualObligationsPresentValue
51504000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8795000
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
57000
CY2022Q2 salm Contractual Obligations Current
ContractualObligationsCurrent
8852000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42599000
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
53000
CY2022Q2 salm Contractual Obligations Non Current
ContractualObligationsNonCurrent
42652000
CY2022Q2 salm Contractual Obligations Present Value
ContractualObligationsPresentValue
51504000
CY2020Q4 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
434209000
CY2021Q4 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
434444000
CY2020Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
114436000
CY2021Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
114436000
CY2020Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
319773000
CY2021Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
320008000
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
3935000
CY2021Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
320008000
CY2022Q2 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
313500000
CY2021Q4 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
434444000
CY2022Q2 salm Indefinitelived License Agreements Gross
IndefinitelivedLicenseAgreementsGross
429566000
CY2021Q4 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
114436000
CY2022Q2 salm Indefinitelived License Agreemets Impaired Accumulated Impairment Loss
IndefinitelivedLicenseAgreemetsImpairedAccumulatedImpairmentLoss
116066000
CY2022Q2 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
313500000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
127000
CY2021Q4 us-gaap Goodwill
Goodwill
23986000
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
28520000
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
28749000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4763000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4763000
CY2020Q4 us-gaap Goodwill
Goodwill
23757000
CY2021Q4 us-gaap Goodwill
Goodwill
23986000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022Q2 us-gaap Goodwill
Goodwill
23861000
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
28749000
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
28751000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4763000
CY2022Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4890000
CY2021Q4 us-gaap Goodwill
Goodwill
23986000
CY2022Q2 us-gaap Goodwill
Goodwill
23861000
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
60576000
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58777000
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1799000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
60554000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58110000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2444000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
557000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
803000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
209000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
24000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
14000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
192000
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1799000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0161
CY2021Q4 salm Long Term Debt Less Unamortized Discount And Debt Issuance Costs
LongTermDebtLessUnamortizedDiscountAndDebtIssuanceCosts
170581000
CY2022Q2 salm Long Term Debt Less Unamortized Discount And Debt Issuance Costs
LongTermDebtLessUnamortizedDiscountAndDebtIssuanceCosts
155605000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
170581000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
155595000
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0699
CY2022Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0701
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
11200000
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
6300000
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
we entered into a fourth amendment to our ABL Facility that provides a one-time waiver with respect to the current covenant testing period allowing the covenant trigger event date be the first day after the availability on the ABL Facility had equaled or exceeded (1) 15% of the maximum revolver amount and (2) $4.5 million and a waiver permitting
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
10000
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
44685000
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
0
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
0
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
0
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
114731000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
159426000
CY2022Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
159400000
CY2022Q2 salm Debt Instrument Of Carrying Amount
DebtInstrumentOfCarryingAmount
153100000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.8469
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y8M12D
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P9Y6M
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0096
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
98400000
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
9000000
CY2021Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
39100000
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
84000
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
68000
us-gaap Share Based Compensation
ShareBasedCompensation
162000
us-gaap Share Based Compensation
ShareBasedCompensation
174000
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
22000
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
18000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
45000
CY2021Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
62000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
50000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
120000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
129000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7483
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
0
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
14854
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
3.66
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodIntrinsicValue
54000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
0
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
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
0
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionForfeitedInPeriodWeightedAverageGrantDateFairValue
0
salm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Or Expired In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedOrExpiredInPeriodIntrinsicValue
0
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
14854
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.66
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y8M12D
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
31000
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
400000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y1M6D
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
100000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
200000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
salm Number Of Downloads Per Month
NumberOfDownloadsPerMonth
11

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