2016 Q4 Form 10-K Financial Statement

#000114420418014378 Filed on March 13, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $30.75M $29.88M $30.87M
YoY Change -13.65% -11.68% -10.16%
Cost Of Revenue $22.04M $21.78M $21.84M
YoY Change 86.94% -10.44% -10.16%
Gross Profit $8.710M $8.100M $9.020M
YoY Change 216.73% -14.83% -10.25%
Gross Profit Margin 28.33% 27.11% 29.22%
Selling, General & Admin $2.920M $2.730M $2.620M
YoY Change 19.18% 5.81% 1.55%
% of Gross Profit 33.52% 33.7% 29.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.880M
YoY Change 8.29%
% of Gross Profit 67.51%
Operating Expenses $2.950M $1.330M $2.630M
YoY Change 17.53% -55.81% 1.15%
Operating Profit $5.753M $6.768M $6.396M
YoY Change -8.99% 4.17% -14.15%
Interest Expense $196.0K $187.0K $182.0K
YoY Change 12.64% -18.34% -25.41%
% of Operating Profit 3.41% 2.76% 2.85%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change -100.0%
Pretax Income $8.202M $6.581M $6.214M
YoY Change 33.43% 15.23% -18.4%
Income Tax $2.208M $2.678M $2.569M
% Of Pretax Income 26.92% 40.69% 41.34%
Net Earnings $4.937M $5.414M $4.811M
YoY Change 33.54% 73.97% 7.53%
Net Earnings / Revenue 16.06% 18.12% 15.59%
Basic Earnings Per Share $0.84 $0.92 $0.82
Diluted Earnings Per Share $0.84 $0.92 $0.81
COMMON SHARES
Basic Shares Outstanding 5.785M shares 5.755M shares 5.754M shares
Diluted Shares Outstanding 5.797M shares 5.764M shares 5.763M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.70M $22.70M $17.70M
YoY Change 23.61% 20.11% -35.4%
Cash & Equivalents $26.70M $22.71M $17.74M
Short-Term Investments
Other Short-Term Assets $8.300M $4.800M $5.500M
YoY Change 66.0% -33.33% 7.84%
Inventory
Prepaid Expenses
Receivables $17.70M $21.75M $22.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $52.77M $49.33M $45.40M
YoY Change 10.18% 6.31% -14.02%
LONG-TERM ASSETS
Property, Plant & Equipment $49.17M $57.63M $57.80M
YoY Change -15.41% -2.33% 7.24%
Goodwill $7.407M $7.354M $7.282M
YoY Change 157.72% 157.67%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.975M $7.300M $7.300M
YoY Change -21.02% 4.29% 12.31%
Total Long-Term Assets $167.2M $168.5M $168.6M
YoY Change 6.73% 6.79% 14.3%
TOTAL ASSETS
Total Short-Term Assets $52.77M $49.33M $45.40M
Total Long-Term Assets $167.2M $168.5M $168.6M
Total Assets $220.0M $217.8M $214.0M
YoY Change 7.54% 6.68% 6.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.618M $2.575M $2.700M
YoY Change -42.19% -0.96% 28.57%
Accrued Expenses $3.198M $3.570M $4.368M
YoY Change 14.54% -70.98% -59.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.078M $1.078M
YoY Change
Total Short-Term Liabilities $16.05M $15.32M $16.64M
YoY Change 11.91% -7.17% 13.95%
LONG-TERM LIABILITIES
Long-Term Debt $35.29M $35.29M $35.29M
YoY Change -2.96% -3.06% -2.25%
Other Long-Term Liabilities $2.885M $4.058M $3.876M
YoY Change 11.65% 19.35% -5.46%
Total Long-Term Liabilities $38.17M $39.35M $39.16M
YoY Change -1.99% -1.14% -2.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.05M $15.32M $16.64M
Total Long-Term Liabilities $38.17M $39.35M $39.16M
Total Liabilities $85.02M $84.58M $84.95M
YoY Change 3.99% 2.77% 6.45%
SHAREHOLDERS EQUITY
Retained Earnings $108.7M $106.7M $103.1M
YoY Change 10.75% 9.58%
Common Stock $59.63M $59.05M $58.51M
YoY Change 3.55% 3.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.38M $32.64M $32.64M
YoY Change 1.32% 0.66%
Treasury Stock Shares 1.625K shares
Shareholders Equity $135.0M $133.2M $129.0M
YoY Change
Total Liabilities & Shareholders Equity $220.0M $217.8M $214.0M
YoY Change 7.54% 6.68% 6.83%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $4.937M $5.414M $4.811M
YoY Change 33.54% 73.97% 7.53%
Depreciation, Depletion And Amortization $5.880M
YoY Change 8.29%
Cash From Operating Activities $8.290M $8.280M $5.550M
YoY Change -10.57% 26.99% 5.92%
INVESTING ACTIVITIES
Capital Expenditures $180.0K -$1.600M -$1.540M
YoY Change -79.07% -26.61% 18.46%
Acquisitions
YoY Change
Other Investing Activities -$880.0K $1.520M -$140.0K
YoY Change -67.16% -113.77% -177.78%
Cash From Investing Activities -$700.0K -$80.00K -$1.680M
YoY Change -61.75% -99.39% 48.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.690M -3.220M -1.470M
YoY Change -19.96% 75.96% 17.6%
NET CHANGE
Cash From Operating Activities 8.290M 8.280M 5.550M
Cash From Investing Activities -700.0K -80.00K -1.680M
Cash From Financing Activities -3.690M -3.220M -1.470M
Net Change In Cash 3.900M 4.980M 2.400M
YoY Change 37.81% -158.52% -16.08%
FREE CASH FLOW
Cash From Operating Activities $8.290M $8.280M $5.550M
Capital Expenditures $180.0K -$1.600M -$1.540M
Free Cash Flow $8.110M $9.880M $7.090M
YoY Change -3.57% 13.56% 8.41%

Facts In Submission

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CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
642000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
231000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1094000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
691000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
475000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
49000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
39000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2017 us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
266000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4333000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6858000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
17640000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
24987000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
317000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
619000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
22290000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
32464000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
116000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
224000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
44000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
78000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1218000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2723000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1058000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
2421000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
21072000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
29741000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
21072000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
29741000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
300000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1022000 USD
CY2017Q4 sga Deferred Tax Assets Tax Deferred Compensation Noncurrent
DeferredTaxAssetsTaxDeferredCompensationNoncurrent
1175000 USD
CY2016Q4 sga Deferred Tax Assets Tax Deferred Compensation Noncurrent
DeferredTaxAssetsTaxDeferredCompensationNoncurrent
2723000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2545000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5616000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3307000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-255000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1010000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
784000 USD
CY2017 sga Income Tax Benefit Continuing Operations
IncomeTaxBenefitContinuingOperations
-5920000 USD
CY2016 sga Income Tax Benefit Continuing Operations
IncomeTaxBenefitContinuingOperations
8873000 USD
CY2015 sga Income Tax Benefit Continuing Operations
IncomeTaxBenefitContinuingOperations
6572000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5716000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7665000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5401000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-769000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
926000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
760000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
633000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
282000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
411000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
233334 shares
CY2013Q4 sga Percentage To Retain Annual Restricted Stock Awards
PercentageToRetainAnnualRestrictedStockAwards
0.5 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2300000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2116000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1522000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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4063000 USD
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4223000 USD
CY2015Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3993000 USD
CY2017 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
1700 USD
CY2016 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
1200 USD
CY2015 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
2300 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
255000 USD
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
275000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
250000 USD
CY2017 sga Deferred Compensation Expense Non Qualified Plan
DeferredCompensationExpenseNonQualifiedPlan
211000 USD
CY2016 sga Deferred Compensation Expense Non Qualified Plan
DeferredCompensationExpenseNonQualifiedPlan
184000 USD
CY2015 sga Deferred Compensation Expense Non Qualified Plan
DeferredCompensationExpenseNonQualifiedPlan
138000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
1335000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
814000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
6678000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
375000 USD
CY2017 sga Business Acquisitions Proforma Income Tax Expenses Benefit
BusinessAcquisitionsProformaIncomeTaxExpensesBenefit
5634000 USD
CY2016 sga Business Acquisitions Proforma Income Tax Expenses Benefit
BusinessAcquisitionsProformaIncomeTaxExpensesBenefit
-9207000 USD
CY2017Q4 us-gaap Equity Method Investment Ownership Percentage
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1 pure
CY2017Q4 sga Option Agreement For Kfjx
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1200000 USD
CY2016Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Intangibles Deferred Costs And Investments
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherIntangiblesDeferredCostsAndInvestments
398000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
413000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
41000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
413000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
41000 USD
CY2017Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssets
18256000 USD
CY2016Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssets
13054000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
26269000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
14243000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
25856000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
14202000 USD
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
123651000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
126789000 USD
CY2017 us-gaap Business Acquisitions Pro Forma Net Income Loss
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55129000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
18667000 USD
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
9.34
CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
3.18
CY2017 sga Business Combination Pro Forma Information Impairment Of Intangible Assets
BusinessCombinationProFormaInformationImpairmentOfIntangibleAssets
1449000 USD
CY2016 sga Business Combination Pro Forma Information Impairment Of Intangible Assets
BusinessCombinationProFormaInformationImpairmentOfIntangibleAssets
0 USD
CY2017 sga Business Acquisitions Proforma Station Operating Expeneses
BusinessAcquisitionsProformaStationOperatingExpeneses
92563000 USD
CY2016 sga Business Acquisitions Proforma Station Operating Expeneses
BusinessAcquisitionsProformaStationOperatingExpeneses
93818000 USD
CY2017 sga Business Acquisitions Proforma Corporate General And Administrative Expenses
BusinessAcquisitionsProformaCorporateGeneralAndAdministrativeExpenses
11657000 USD
CY2016 sga Business Acquisitions Proforma Corporate General And Administrative Expenses
BusinessAcquisitionsProformaCorporateGeneralAndAdministrativeExpenses
10980000 USD
CY2017 sga Business Acquisitions Proforma Operating Expenses Other
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55000 USD
CY2016 sga Business Acquisitions Proforma Operating Expenses Other
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-1351000 USD
CY2017 sga Business Acquisitions Proforma Operating Income
BusinessAcquisitionsProformaOperatingIncome
17927000 USD
CY2016 sga Business Acquisitions Proforma Operating Income
BusinessAcquisitionsProformaOperatingIncome
23342000 USD
CY2017 sga Business Acquisitions Proforma Interest Expenses
BusinessAcquisitionsProformaInterestExpenses
-903000 USD
CY2016 sga Business Acquisitions Proforma Interest Expenses
BusinessAcquisitionsProformaInterestExpenses
-744000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1558000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1519000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1380000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1144000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
865000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
710000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3006000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
987000 USD
CY2003Q4 sga Business Acquisition Contingent Consideration Potential Cash Payments
BusinessAcquisitionContingentConsiderationPotentialCashPayments
1000000 USD
CY2016Q3 us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
1619000 USD
CY2015Q2 us-gaap Other Nonoperating Income
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417000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
727000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
518000 USD
CY2017Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
12588000 USD
CY2016Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
11804000 USD
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1500 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1500 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1656 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1625 shares
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <strong>Use of Estimates</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.7pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The preparation of the financial statements in conformity with accounting principles generally accepted in the United States (GAAP) requires us to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. While we do not believe that the ultimate settlement of any amounts reported will materially affect our financial position or results of future operations, actual results may differ from estimates provided.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <strong>Concentration of Risk</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <font style="FONT-SIZE: 10pt"></font>&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain cash deposits with financial institutions may at times exceed FDIC insurance limits.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font>&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font>Our top six markets when combined represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 46</font>%, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 48</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 46</font>% of our net operating revenue for the years ended December&#160;31, 2017, 2016 and 2015, respectively.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.7pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.7pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> We sell advertising to local and national companies throughout the United States. We perform ongoing credit evaluations of our customers and generally do not require collateral. We maintain an allowance for doubtful accounts at a level which we believe is sufficient to cover potential credit losses.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <strong>Advertising and Promotion Costs</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px 0px 0px 6.6pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.7pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> Advertising and promotion costs are expensed as incurred. Such costs related to our continuing operations amounted to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2,441,000</font>, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2,633,000</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2,475,000</font> for the years ended December&#160;31, 2017, 2016 and 2015, respectively. Advertising and promotion costs related to our discontinued operations amounted to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">240,000</font>, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">341,000</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">328,000</font> for the years ended December&#160;31, 2017, 2016 and 2015, respectively.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
4625000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 USD
CY2016Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
18048000 USD
CY2017Q4 us-gaap Assets
Assets
248769000 USD
CY2016Q4 us-gaap Assets
Assets
219998000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
1058000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
248769000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
219998000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
21072000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
100920000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
96428000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
94662000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5276000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
29741000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
115245000 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-767000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6412000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1655000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
563000 USD
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21783000 USD
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15718000 USD
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32471000 USD
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2.19
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1.56
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4268000 USD
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3.77
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2.20
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0 USD
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0 USD
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274000 USD
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746000 USD
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2101000 USD
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2279000 USD
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11842000 USD
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7633000 USD
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0 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
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1000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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0 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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0 USD
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37505000 USD
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134680000 USD
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23912000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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21828000 USD
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94000 USD
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80000 USD
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0.46 pure
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22042000 USD
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CY2016 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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7478000 USD
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6577000 USD
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69193000 USD
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21876000 USD
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12679000 USD
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8975000 USD
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31930000 USD
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5182000 USD
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4188000 USD
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370000 USD
CY2016 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
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231000 USD
CY2015 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
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171000 USD
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541000 USD
CY2016 us-gaap Concentration Risk Percentage1
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0.48 pure
CY2015 us-gaap Concentration Risk Percentage1
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0.46 pure
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0.20
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1200000 USD
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0.25
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1500000 USD
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0.25
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0.25
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0.20
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1200000 USD
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0.30
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1800000 USD
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0.30
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22042000 USD
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2717000 USD
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2620000 USD
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CY2016Q1 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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CY2017Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2016Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2017Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2016Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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1449000 USD
CY2016Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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1973000 USD
CY2016Q1 us-gaap Operating Income Loss
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CY2017Q3 us-gaap Interest Expense
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CY2017Q4 us-gaap Interest Expense
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CY2016Q4 us-gaap Interest Expense
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CY2017Q1 us-gaap Income Tax Expense Benefit
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3903000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations
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CY2016Q4 us-gaap Income Loss From Continuing Operations
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891000 USD
CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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1011000 USD
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1159000 USD
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1166000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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30451000 USD
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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1511000 USD
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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1588000 USD
CY2017Q1 us-gaap Net Income Loss
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1938000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
3024000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
4534000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
4811000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
33416000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
5414000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
14829000 USD
CY2016Q4 us-gaap Net Income Loss
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4937000 USD
CY2017Q1 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
1765000 USD
CY2016Q1 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
3431000 USD
CY2017Q2 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
5647000 USD
CY2016Q2 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
6214000 USD
CY2017Q3 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
5255000 USD
CY2017Q4 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
3659000 USD
CY2016Q4 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
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5557000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.50
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.66
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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2.52
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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5.16
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.66
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.51
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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5795000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5751000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5803000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5754000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5807000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5755000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5815000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5785000 shares
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.35
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.61
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.50
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.66
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.52
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.17
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.20
CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.20
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
5.16
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.26
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.27
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.66
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.51
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5808000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5759000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5806000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5763000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5807000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5764000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5815000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5797000 shares
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1453000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8165000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
664321 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1120153 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
354 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
101200 USD
CY2013Q4 sga Share Based Compensation Arrangement By Share Based Payment Award Options Exercise Price Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisePriceDescription
may not be exercised at a price which is less than 100% of the fair market value of shares at the date of grant.
CY2017 sga Ceo Employment Agreement
CeoEmploymentAgreement
In June2011, we entered into a new employment agreement with Edward K. Christian, Chairman, President and CEO, which became effective as of June1, 2011, and replaces and supersedes his prior employment agreement. On February 12, 2016 we entered into an amendment to the agreement. The amendment extends the term of the employment agreement to March 31, 2021. The amendment also states that on each anniversary of the effective date of the employment agreement, the Companys Compensation committee shall determine in its discretion the amount of any annual increases (which shall not be less than the greater of 4 % or a defined cost of living increase). Mr.Christian may defer any or all of his annual salary.
CY2017 sga Deferred Compensation Details
DeferredCompensationDetails
On December 21, 2015, Mr. Christian agreed to defer approximately $100,000 of his 2016 salary which was paid 100% on January 6, 2017. On December 13, 2016, Mr. Christian agreed to defer approximately $100,000 of his 2017 salary to be paid 100% on January 5, 2018. On December 5, 2017, Mr. Christian agreed to defer approximately $100,000 of his 2018 salary to be paid 100% on January 4, 2019.
CY2017 us-gaap Interest Paid Net
InterestPaidNet
850000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
636000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
718000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
2420000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
6555000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
4192000 USD
CY2017 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
3618000 USD
CY2016 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
3471000 USD
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Revenue
AdvertisingBarterTransactionsAdvertisingBarterRevenue
3433000 USD
CY2017 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
3367000 USD
CY2016 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
3217000 USD
CY2015 us-gaap Advertising Barter Transactions Advertising Barter Costs
AdvertisingBarterTransactionsAdvertisingBarterCosts
3270000 USD
CY2017 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
826000 USD
CY2016 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2015 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
3294000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
8000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
49000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
44000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
50000 USD
CY2017Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Broadcast Licenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBroadcastLicenses
8086000 USD
CY2016Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Broadcast Licenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBroadcastLicenses
8123000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
8151000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
4533000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
25000000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25000000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2015Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
88106000 USD
CY2016 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
8123000 USD
CY2017 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
8086000 USD
CY2017 sga Indefinite Lived Intangible Assets Disposed
IndefiniteLivedIntangibleAssetsDisposed
9607000 USD
CY2017 sga Business Acquisition Pro Forma Earnings Per Share Basic From Continuing Operations
BusinessAcquisitionProFormaEarningsPerShareBasicFromContinuingOperations
3.84
CY2016 sga Business Acquisition Pro Forma Earnings Per Share Basic From Continuing Operations
BusinessAcquisitionProFormaEarningsPerShareBasicFromContinuingOperations
2.28
CY2017 sga Business Acquisition Pro Forma Earnings Per Share Basic From Disontinued Operations
BusinessAcquisitionProFormaEarningsPerShareBasicFromDisontinuedOperations
5.50
CY2016 sga Business Acquisition Pro Forma Earnings Per Share Basic From Disontinued Operations
BusinessAcquisitionProFormaEarningsPerShareBasicFromDisontinuedOperations
0.90
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
9.34
CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.18
CY2017 sga Business Acquisition Pro Forma Earnings Per Share Diluted From Continuing Operations
BusinessAcquisitionProFormaEarningsPerShareDilutedFromContinuingOperations
3.84
CY2016 sga Business Acquisition Pro Forma Earnings Per Share Diluted From Continuing Operations
BusinessAcquisitionProFormaEarningsPerShareDilutedFromContinuingOperations
2.28
CY2017 sga Business Acquisition Pro Forma Earnings Per Share Diluted From Discontinued Operations
BusinessAcquisitionProFormaEarningsPerShareDilutedFromDiscontinuedOperations
5.50
CY2016 sga Business Acquisition Pro Forma Earnings Per Share Diluted From Discontinued Operations
BusinessAcquisitionProFormaEarningsPerShareDilutedFromDiscontinuedOperations
0.90
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4533000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
8151000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
2874000 USD
CY2017 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
17024000 USD
CY2016 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
22598000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1218000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2723000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-11500000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 USD
CY2016Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 USD
CY2015Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 USD
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
1300000 USD
CY2017 sga Discontinued Operation Disposal Of Discontinued Operation Transaction Costs
DiscontinuedOperationDisposalOfDiscontinuedOperationTransactionCosts
50000 USD
CY2017Q2 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
23000000 USD
CY2017 sga Disposal Group Including Discontinued Operation Income Tax Rate
DisposalGroupIncludingDiscontinuedOperationIncomeTaxRate
0.41 pure
CY2017Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24200000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24200000 USD
CY2017Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
3400000 USD
CY2015Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
874000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5876000 USD
CY2017Q4 sga Number Of Broadcast Licenses
NumberOfBroadcastLicenses
108 pure
CY2017Q4 sga Number Of Market Serving
NumberOfMarketServing
26 pure
CY2016Q3 sga Business Acquisition Proforma Income Loss From Continuing Operations Before Taxes Changes In Accounting And Extraordinary Items
BusinessAcquisitionProformaIncomeLossFromContinuingOperationsBeforeTaxesChangesInAccountingAndExtraordinaryItems
6581000 USD
CY2015Q2 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
777000 USD
CY2017Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
6529000 USD
CY2016Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
2971000 USD
CY2017 us-gaap Stock Issued1
StockIssued1
274000 USD
CY2016 us-gaap Stock Issued1
StockIssued1
258000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
244000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
3300 USD
CY2017 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
22658000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
13391000 USD
CY2017 sga Business Acquisitions Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-32471000 USD
CY2016 sga Business Acquisitions Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-5276000 USD

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