EW SCRIPPS Co
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
SSP$3.69+3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Unaudited)
| (in thousands, except share data) | As of March 31, 2024 | As of December 31, 2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $30,229 | $35,319 |
| Accounts receivable (less allowances — $5,317 and $5,041) | 566,706 | 610,541 |
| Miscellaneous | 42,504 | 30,233 |
| Total current assets | 639,439 | 676,093 |
| Investments | 23,689 | 23,265 |
| Property and equipment | 457,181 | 455,255 |
| Operating lease right-of-use assets | 101,676 | 99,194 |
| Goodwill | 1,968,574 | 1,968,574 |
| Other intangible assets | 1,704,532 | 1,727,178 |
| Programming | 421,735 | 449,943 |
| Miscellaneous | 10,999 | 10,618 |
| Total Assets | $5,327,825 | $5,410,120 |
| Liabilities and Equity | ||
| Current liabilities: | ||
| Accounts payable | $90,969 | $76,383 |
| Unearned revenue | 13,875 | 12,181 |
| Current portion of long-term debt | 15,612 | 15,612 |
| Accrued liabilities: | ||
| Employee compensation and benefits | 44,412 | 60,869 |
| Programming liability | 154,672 | 171,860 |
| Accrued interest | 16,288 | 32,030 |
| Miscellaneous | 47,299 | 43,934 |
| Other current liabilities | 63,674 | 64,950 |
| Total current liabilities | 446,801 | 477,819 |
| Long-term debt (less current portion) | 2,855,258 | 2,896,824 |
| Deferred income taxes | 309,987 | 307,399 |
| Operating lease liabilities | 91,241 | 87,714 |
| Other liabilities (less current portion) | 462,576 | 484,181 |
| Equity: | ||
| Preferred stock, $0.01 par — authorized: 25,000,000 shares; none outstanding | — | — |
| Preferred stock — Series A, $100,000 par; 6,000 shares issued and outstanding (redemption value of $643,801 at March 31, 2024) | 415,125 | 414,549 |
| Common stock, $0.01 par: | ||
| Class A — authorized: 240,000,000 shares; issued and outstanding: 73,457,243 and 72,843,881 shares | 735 | 729 |
| Voting — authorized: 60,000,000 shares; issued and outstanding: 11,932,722 and 11,932,722 shares | 119 | 119 |
| Total preferred and common stock | 415,979 | 415,397 |
| Additional paid-in capital | 1,442,055 | 1,438,518 |
| Accumulated deficit | (620,596) | (622,222) |
| Accumulated other comprehensive loss, net of income taxes | (75,476) | (75,510) |
| Total equity | 1,161,962 | 1,156,183 |
| Total Liabilities and Equity | $5,327,825 | $5,410,120 |
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