AMERICAN MEDIA INC Financial Statements (2024 and earlier)
Company Profile
Business Address |
1000 AMERICAN MEDIA WAY BOCA RATON, FL 33431 |
State of Incorp. | DE |
Fiscal Year End | March 31 |
Industry (SIC) | 2711 - Newspapers: Publishing, or Publishing and Printing (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | 3/31/2015 Q4 | 12/31/2014 Q3 | 9/30/2014 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 922 | 3,323 | 6,192 | 3,452 | 3,078 | 7,560 | |||
Cash and cash equivalents | 922 | 3,323 | 6,192 | 3,452 | 3,078 | 7,560 | |||
Receivables | 19,577 | 21,135 | 28,752 | 42,358 | 34,463 | 31,063 | |||
Inventory, net of allowances, customer advances and progress billings | 834 | 61 | 354 | 873 | 2,095 | 2,797 | |||
Inventory | 834 | 61 | 354 | 873 | 2,095 | 2,797 | |||
Prepaid expense | 5,766 | ||||||||
Deferred tax assets | 1,689 | ||||||||
Other current assets | 955 | ||||||||
Other undisclosed current assets | 11,800 | 18,143 | 17,179 | 17,569 | 25,378 | ||||
Total current assets: | 33,133 | 42,662 | 52,477 | 55,093 | 57,205 | 66,798 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 10,897 | 12,722 | 15,224 | 17,550 | 19,993 | 21,079 | |||
Long-term investments and receivables | 1,419 | 1,056 | 806 | 803 | 728 | 438 | |||
Long-term investments | 1,419 | 1,056 | 806 | 803 | 728 | 438 | |||
Intangible assets, net (including goodwill) | 366,802 | 370,603 | 374,343 | 378,179 | 437,898 | 439,215 | |||
Goodwill | 153,998 | 153,998 | 153,998 | 153,998 | 178,008 | 178,008 | |||
Intangible assets, net (excluding goodwill) | 212,804 | 216,605 | 220,345 | 224,181 | 259,890 | 261,207 | |||
Deferred costs | 4,560 | 5,194 | 5,772 | 6,383 | 5,581 | 6,068 | |||
Other noncurrent assets | 2,830 | 3,074 | 3,160 | 3,193 | 3,688 | 3,624 | |||
Other undisclosed noncurrent assets | 3,888 | 4,797 | 4,377 | 4,824 | 4,278 | 4,496 | |||
Total noncurrent assets: | 390,396 | 397,446 | 403,682 | 410,932 | 472,166 | 474,920 | |||
TOTAL ASSETS: | 423,529 | 440,108 | 456,159 | 466,025 | 529,371 | 541,718 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 12,618 | 19,526 | 19,209 | 38,805 | 13,023 | 19,706 | |||
Interest and dividends payable | 2,831 | 10,078 | 2,799 | 10,075 | |||||
Taxes payable | 304 | ||||||||
Employee-related liabilities | 8,315 | ||||||||
Accounts payable | 9,787 | 9,448 | 16,410 | 15,781 | 13,023 | 19,706 | |||
Accrued liabilities | 4,330 | ||||||||
Deferred revenue and credits | 25,618 | 23,588 | 27,437 | 26,734 | 37,324 | 45,825 | |||
Other undisclosed current liabilities | 29,381 | 34,120 | 32,940 | 31,066 | 37,403 | 47,642 | |||
Total current liabilities: | 67,617 | 77,234 | 79,586 | 96,605 | 87,750 | 113,173 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 326,506 | 321,853 | 332,608 | 324,269 | 387,473 | 373,073 | |||
Long-term debt, excluding current maturities | 326,506 | 321,853 | 332,608 | 324,269 | 387,473 | 373,073 | |||
Liabilities, other than long-term debt | 43,823 | 52,086 | 53,844 | 79,099 | 92,989 | 102,951 | |||
Deferred tax liabilities, net | 35,584 | 43,409 | 45,014 | 70,747 | 85,902 | 96,281 | |||
Other liabilities | 8,239 | 8,677 | 8,830 | 8,352 | 7,087 | 6,670 | |||
Total noncurrent liabilities: | 370,329 | 373,939 | 386,452 | 403,368 | 480,462 | 476,024 | |||
Total liabilities: | 437,946 | 451,173 | 466,038 | 499,973 | 568,212 | 589,197 | |||
Temporary equity, carrying amount | 3,000 | 4,000 | 3,000 | 3,000 | 3,000 | 4,259 | |||
Equity | |||||||||
Equity, attributable to parent | (17,417) | (15,065) | (12,879) | (36,948) | (41,841) | (51,738) | |||
Additional paid in capital | 945,037 | 945,037 | 945,037 | 945,037 | 945,037 | 945,037 | |||
Accumulated other comprehensive loss | (430) | (393) | (393) | (392) | (342) | (279) | |||
Accumulated deficit | (962,024) | (959,709) | (957,523) | (981,593) | (986,536) | (996,496) | |||
Total equity: | (17,417) | (15,065) | (12,879) | (36,948) | (41,841) | (51,738) | |||
TOTAL LIABILITIES AND EQUITY: | 423,529 | 440,108 | 456,159 | 466,025 | 529,371 | 541,718 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | 3/31/2015 Q4 | 12/31/2014 Q3 | 9/30/2014 Q2 | ||
---|---|---|---|---|---|---|---|---|
Other undisclosed income before gain (loss) on sale of properties | 15,334 | |||||||
Revenues (Revenue, Net) | 55,144 | 61,932 | 56,108 | 22,054 | 70,685 | 74,186 | ||
Cost of revenue | (33,376) | (38,319) | (31,251) | 16,482 | (40,767) | (65,007) | ||
Gross profit: | 21,768 | 23,613 | 24,857 | 38,536 | 29,918 | 9,179 | ||
Operating expenses | (15,899) | (14,637) | (19,812) | (37,318) | (23,387) | (28,398) | ||
Operating income (loss): | 5,869 | 8,976 | 5,045 | 1,218 | 6,531 | (19,219) | ||
Nonoperating income (expense) | (39) | (70) | 3,479 | (15) | ||||
Interest and debt expense | (887) | (866) | (850) | |||||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (9,608) | (10,297) | (9,403) | (13,048) | (11,955) | (15,434) | ||
Loss from continuing operations before income taxes: | (4,626) | (2,226) | (5,208) | (11,900) | (1,945) | (34,668) | ||
Income tax benefit | 2,338 | 1,032 | 29,272 | 1,520 | 11,898 | 5,891 | ||
Income (loss) from continuing operations: | (2,288) | (1,194) | 24,064 | (10,380) | 9,953 | (28,777) | ||
Income (loss) before gain (loss) on sale of properties: | (2,288) | (1,194) | 24,064 | 4,954 | 9,953 | (28,777) | ||
Net income (loss): | (2,288) | (1,194) | 24,064 | 4,954 | 9,953 | (28,777) | ||
Net income (loss) attributable to noncontrolling interest | (27) | (992) | 6 | (11) | 7 | (1,285) | ||
Net income (loss) available to common stockholders, diluted: | (2,315) | (2,186) | 24,070 | 4,943 | 9,960 | (30,062) |
Comprehensive Income ($ in thousands)Annual | Quarterly
3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | 3/31/2015 Q4 | 12/31/2014 Q3 | 9/30/2014 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (2,288) | (1,194) | 24,064 | 4,954 | 9,953 | (28,777) | ||
Other undisclosed comprehensive loss | (37) | (1) | (50) | (63) | (66) | |||
Comprehensive income (loss): | (2,325) | (1,194) | 24,063 | 4,904 | 9,890 | (28,843) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (27) | (992) | 6 | (2,427) | (7) | 1,285 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,416 | 14 | (2,570) | |||||
Comprehensive income (loss), net of tax, attributable to parent: | (2,352) | (2,186) | 24,069 | 4,893 | 9,897 | (30,128) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.