$SGA
SAGA COMMUNICATIONS INC

2021 Q1 Form 10-Q Financial Statement

#000155837021006667 Filed on May 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $22.30M $26.05M
YoY Change -14.39% -6.35%
Cost Of Revenue $18.92M $22.20M
YoY Change -14.76% -4.15%
Gross Profit $3.378M $3.850M
YoY Change -12.26% -17.2%
Gross Profit Margin 15.15% 14.78%
Selling, General & Admin $2.438M $3.020M
YoY Change -19.27% 12.27%
% of Gross Profit 72.17% 78.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.495M $3.080M
YoY Change -18.99% 14.5%
Operating Profit $883.0K $2.167M
YoY Change -59.25% 10.28%
Interest Expense $73.00K $108.0K
YoY Change -32.41% -48.08%
% of Operating Profit 8.27% 4.98%
Other Income/Expense, Net $272.0K $213.0K
YoY Change 27.7%
Pretax Income $1.088M $2.380M
YoY Change -54.29% 23.96%
Income Tax $330.0K $700.0K
% Of Pretax Income 30.33% 29.41%
Net Earnings $758.0K $1.680M
YoY Change -54.88% 22.63%
Net Earnings / Revenue 3.4% 6.45%
Basic Earnings Per Share $0.13 $0.28
Diluted Earnings Per Share $0.13 $0.28
COMMON SHARES
Basic Shares Outstanding 5.913M 5.866M
Diluted Shares Outstanding 5.913M 5.866M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $56.31M $46.30M
YoY Change 21.63% 18.11%
Cash & Equivalents $56.31M $46.29M
Short-Term Investments
Other Short-Term Assets $3.902M $3.600M
YoY Change 8.39% 2.86%
Inventory
Prepaid Expenses
Receivables $12.67M $17.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $72.89M $66.80M
YoY Change 9.11% 11.94%
LONG-TERM ASSETS
Property, Plant & Equipment $54.02M $64.80M
YoY Change -16.63% 10.32%
Goodwill $19.21M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.01M $5.400M
YoY Change 103.96% -57.67%
Total Long-Term Assets $174.5M $184.7M
YoY Change -5.51% -0.58%
TOTAL ASSETS
Total Short-Term Assets $72.89M $66.80M
Total Long-Term Assets $174.5M $184.7M
Total Assets $247.4M $251.5M
YoY Change -1.63% 2.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.341M $1.900M
YoY Change 23.21% -6.22%
Accrued Expenses $4.780M $11.10M
YoY Change -56.94% 139.43%
Deferred Revenue $1.005M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $13.86M $16.10M
YoY Change -13.94% 11.67%
LONG-TERM LIABILITIES
Long-Term Debt $10.00M $10.00M
YoY Change 0.0% -33.33%
Other Long-Term Liabilities $7.050M $7.300M
YoY Change -3.42% 7.38%
Total Long-Term Liabilities $17.05M $17.30M
YoY Change -1.45% -20.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.86M $16.10M
Total Long-Term Liabilities $17.05M $17.30M
Total Liabilities $55.54M $58.60M
YoY Change -5.22% -2.54%
SHAREHOLDERS EQUITY
Retained Earnings $159.7M
YoY Change
Common Stock $77.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $37.00M
YoY Change
Treasury Stock Shares
Shareholders Equity $191.9M $192.9M
YoY Change
Total Liabilities & Shareholders Equity $247.4M $251.5M
YoY Change -1.63% 2.46%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $758.0K $1.680M
YoY Change -54.88% 22.63%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $5.352M $5.065M
YoY Change 5.67% -19.67%
INVESTING ACTIVITIES
Capital Expenditures $534.0K $1.021M
YoY Change -47.7% -15.76%
Acquisitions
YoY Change
Other Investing Activities $2.000K -$8.000K
YoY Change -125.0% -96.79%
Cash From Investing Activities -$392.0K -$990.0K
YoY Change -60.4% -42.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -1.817M
YoY Change -100.0% -82.08%
NET CHANGE
Cash From Operating Activities 5.352M 5.065M
Cash From Investing Activities -392.0K -990.0K
Cash From Financing Activities 0.000 -1.817M
Net Change In Cash 4.960M 2.258M
YoY Change 119.66% -140.62%
FREE CASH FLOW
Cash From Operating Activities $5.352M $5.065M
Capital Expenditures $534.0K $1.021M
Free Cash Flow $4.818M $4.044M
YoY Change 19.14% -20.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
SAGA COMMUNICATIONS INC
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000886136
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2021Q1 us-gaap Lessor Operating Lease Existence Of Option To Extend
LessorOperatingLeaseExistenceOfOptionToExtend
true
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
1-11588
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
38-3042953
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
73 Kercheval Avenue
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Grosse Pointe Farms
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
MI
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
48236
CY2021Q1 dei City Area Code
CityAreaCode
313
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
886-7070
CY2021Q1 dei Security12b Title
Security12bTitle
Class A Common Stock, par value $.01 per share
CY2021Q1 dei Trading Symbol
TradingSymbol
SGA
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56313000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51353000
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12670000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15732000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2750000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2988000
CY2021Q1 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
1152000
CY2020Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
895000
CY2021Q1 us-gaap Assets Current
AssetsCurrent
72885000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
70968000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
142299000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
142680000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
88277000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
87795000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54022000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54885000
CY2021Q1 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
90277000
CY2020Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
90208000
CY2021Q1 us-gaap Goodwill
Goodwill
19209000
CY2020Q4 us-gaap Goodwill
Goodwill
19106000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11014000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11321000
CY2021Q1 us-gaap Assets
Assets
247407000
CY2020Q4 us-gaap Assets
Assets
246488000
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2341000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2212000
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5730000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5660000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4780000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5267000
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1005000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
795000
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
13856000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
13934000
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
24637000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
24607000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10000000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10000000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7050000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7405000
CY2021Q1 us-gaap Liabilities
Liabilities
55543000
CY2020Q4 us-gaap Liabilities
Liabilities
55946000
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
77000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
77000
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
69043000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
68900000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
159748000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
158990000
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
37004000
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
37425000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
191864000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
190542000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
247407000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
246488000
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
22301000
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
26051000
CY2021Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
18923000
CY2020Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
22199000
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2438000
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3015000
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-57000
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1330000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
883000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2167000
CY2021Q1 us-gaap Interest Expense
InterestExpense
73000
CY2020Q1 us-gaap Interest Expense
InterestExpense
108000
CY2021Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
6000
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
108000
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
272000
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
213000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1088000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2380000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
330000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
758000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1680000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5913000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5866000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5913000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5866000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.32
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
192352000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1680000
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1919000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
569000
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
20000
CY2020Q1 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
251000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
192913000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
190542000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
758000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
343000
CY2021Q1 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
221000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
191864000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5352000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5065000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
534000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1021000
CY2021Q1 sga Payments To Acquire Broadcast Properties
PaymentsToAcquireBroadcastProperties
150000
CY2020Q1 sga Payments To Acquire Broadcast Properties
PaymentsToAcquireBroadcastProperties
190000
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22000
CY2021Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
272000
CY2020Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
213000
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-8000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-990000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1797000
CY2020Q1 sga Payments For Purchase Of Treasury Stock
PaymentsForPurchaseOfTreasuryStock
20000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1817000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
4960000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2258000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51353000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44034000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56313000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5913000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46292000
CY2021Q1 sga Number Of Market Serving
NumberOfMarketServing
27
CY2021Q1 sga Number Of Fm Radio Stations
NumberOfFmRadioStations
79
CY2021Q1 sga Number Of Am Radio Stations
NumberOfAmRadioStations
35
CY2021Q1 sga Number Of Metro Signals
NumberOfMetroSignals
79
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
758000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1680000
CY2021Q1 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic
8000
CY2020Q1 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic
37000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
750000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1643000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5913000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5866000
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5866000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
528000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
648000
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
27
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6600000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
6600000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6900000
CY2021Q1 sga Increase In Operating Lease Liabilities
IncreaseInOperatingLeaseLiabilities
35000
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
469000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
657000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1572000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7652000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1065000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
6587000
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
22301000
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
26051000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6300000
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
457000
CY2021Q1 us-gaap Lease Cost
LeaseCost
440000
CY2020Q1 us-gaap Lease Cost
LeaseCost
433000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1309000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1692000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1368000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1054000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
200000
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
3000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
11000
CY2021Q1 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Broadcast Licenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBroadcastLicenses
69000
CY2020Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Broadcast Licenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBroadcastLicenses
46000
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
103000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
143000
CY2021Q1 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssets
172000
CY2020Q4 sga Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssets
189000
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
175000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
200000
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
0
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
0
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
0
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
0
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
175000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
330000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.303
CY2020Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.294
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
233334
CY2013Q4 sga Percentage To Retain Annual Restricted Stock Awards
PercentageToRetainAnnualRestrictedStockAwards
0.50
CY2021Q1 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
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021Q1 sga Credit Facility Participation Fee And Fronting Fee Percentage
CreditFacilityParticipationFeeAndFrontingFeePercentage
0.0025
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
10000000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
10000000
CY2020Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2020-03-04
CY2020Q1 us-gaap Dividends
Dividends
1900000
CY2019Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2020-04-10
CY2020Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2020-03-16

Files In Submission

Name View Source Status
0001558370-21-006667-index-headers.html Edgar Link pending
0001558370-21-006667-index.html Edgar Link pending
0001558370-21-006667.txt Edgar Link pending
0001558370-21-006667-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
sga-20210331.xsd Edgar Link pending
sga-20210331x10q.htm Edgar Link pending
sga-20210331x10q_htm.xml Edgar Link completed
sga-20210331xex31d1.htm Edgar Link pending
sga-20210331xex31d2.htm Edgar Link pending
sga-20210331xex32.htm Edgar Link pending
sga-20210331_cal.xml Edgar Link unprocessable
sga-20210331_def.xml Edgar Link unprocessable
sga-20210331_lab.xml Edgar Link unprocessable
sga-20210331_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending