Beasley Broadcast Group, Inc. (BBGI) financial statements (2020 and earlier)

Company profile

Business Address 3033 RIVIERA DRIVE
NAPLES, FL 34103
State of Incorp. DE
Fiscal Year End December 31
SIC 4832 - Radio Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19131420141414
Cash and cash equivalents19131420141414
Receivables55524348201817
Prepaid expense4365211
Assets held-in-trust   20  
Other current assets3242133
Other undisclosed current assets  188 00
Total current assets:807185103373636
Noncurrent Assets
Finance lease, right-of-use asset0
Operating lease, right-of-use asset40
Property, plant and equipment54585960282820
Long-term investments and receivables     2 
Due from related parties     2 
Intangible assets, net (including goodwill)57554550548024124514
Goodwill29251535914
Intangible assets, net (excluding goodwill)547520490477235236 
Restricted cash and investments    1  
Disposal group, including discontinued operation, noncurrent assets   11  
Other noncurrent assets1176656 
Other undisclosed noncurrent assets      195
Total noncurrent assets:680610570558274280228
TOTAL ASSETS:760681655662311316264
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities101086272
Accounts payable101086212
Accrued liabilities     1 
Employee-related liabilities     2 
Taxes payable     2 
Interest and dividends payable     1 
Debt150   34
Deferred revenue and credits   12
Other liabilities281919218108
Other undisclosed current liabilities  271(8)(2)
Total current liabilities:53292934111414
Noncurrent Liabilities
Long-term debt and lease obligation284    95103
Long-term debt, excluding current maturities249    95103
Finance lease, liability0
Operating lease, liability35
Liabilities, other than long-term debt18134127178817754
Deferred tax liabilities, net123115161787653
Due to related parties11111  
Other liabilities17101116211
Other undisclosed noncurrent liabilities12124321224886  
Total noncurrent liabilities:422377340425167171156
Total liabilities:476406369459178185171
Stockholders' equity
Stockholders' equity attributable to parent, including:28527528620213413194
Treasury stock, value(31)(30)(17)(16)(15)(15)(15)
Additional paid in capital153150148146119119117
Accumulated other comprehensive income (loss)(0)00(1)000
Retained earnings (accumulated deficit)162155154722927(9)
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest(0)      
Total stockholders' equity:28427528620213413194
TOTAL LIABILITIES AND EQUITY:760681655662311316264

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit:26225723213710659105
Operating expenses(223)(223)(171)(74)(92)(53)(78)
Operating income:3834616314627
Nonoperating income (expense)(0)0011(0)0
Loss on contract termination     (0) 
Other nonoperating income (expense)(0)001100
Interest and debt expense(18)(16)(22)(7)(5)(4)(8)
Income from continuing operations before equity method investments, income taxes:2018395610119
Other undisclosed income from continuing operations before income taxes     0 
Income from continuing operations before income taxes:2018395610119
Income tax expense (benefit)(7)(12)48(8)(4)(1)(7)
Income from continuing operations:13687476112
Income from discontinued operations     39 
Net income:136874764012
Net income attributable to noncontrolling interest0      
Other undisclosed net income attributable to parent0      
Net income available to common stockholders, diluted:136874764012

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:136874764012
Other comprehensive loss(0)(0)(1)(0)   
Comprehensive income:136864764012
Comprehensive income, net of tax, attributable to noncontrolling interest0      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)02(0)0(0)0
Comprehensive income, net of tax, attributable to parent:136884764012

Statements sources

The financial statements are based on the company's filings with the 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.

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