10-Q Filing

DALLASNEWS CORP CIK: 1413898 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001413898-20-000054`
Period End Date	20200331
Filing Date	20200605
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	ahc-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 29 Cash Flow Statement 54 Stockholders Equity 17 Comprehensive Income 8

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.63M	USD	Point-in-time
Accounts receivable (net of allowance of $804 and $671 at March 31, 2020 and December 31, 2019, respectively)	`AccountsReceivableNetCurrent`	$18.44M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$671.00K	USD	Point-in-time
Accounts receivable (net of allowance of $804 and $671 at March 31, 2020 and December 31, 2019, respectively)	`AccountsReceivableNetCurrent`	$14.95M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$804.00K	USD	Point-in-time
Inventories	`InventoryNet`	$2.68M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$2.57M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.25M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.16M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$70.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$74.80M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$343.89M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$344.05M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$325.44M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$327.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.45M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$16.84M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.48M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$21.37M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$319.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$255.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$50.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$36.00K	USD	Point-in-time
Long-term note receivable	`NotesAndLoansReceivableNetNoncurrent`	$22.40M	USD	Point-in-time
Long-term note receivable	`NotesAndLoansReceivableNetNoncurrent`	$22.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.63M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.65M	USD	Point-in-time
Total assets	`Assets`	$141.04M	USD	Point-in-time
Total assets	`Assets`	$136.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.10M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$7.41M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.29M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$5.93M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$6.22M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$14.28M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$12.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.54M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$23.04M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$21.66M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.69M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.12M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.35M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.34M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$83.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$81.83M	USD	Point-in-time
Preferred stock, $.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock, Series A, at cost; 1,913,860 shares held at March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 1,913,860 shares held at March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.39M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.64M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-394.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-391.15M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.67M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.80M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$136.45M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$141.04M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Total net operating revenue	`Revenues`	$40.34M	USD	1 Quarter
Total net operating revenue	`Revenues`	$46.59M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$21.12M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$19.02M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$20.99M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$22.18M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$4.75M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$3.27M	USD	1 Quarter
Depreciation	`Depreciation`	$2.39M	USD	1 Quarter
Depreciation	`Depreciation`	$1.76M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$64.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$76.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$5.00K	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$50.52M	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$45.10M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.93M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.76M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.35M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$829.00K	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.41M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.10M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.79M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-964.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.13M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.59M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.41M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	1 Quarter
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitContributions`	$1.15M	USD	1 Quarter
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitContributions`	$818.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$400.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$296.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$786.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-14.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$5.00K	USD	1 Quarter
Loss on investment related activity	`GainLossOnSaleOfInvestments`	$-18.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.10M	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.31M	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$4.19M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.61M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.11M	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.36M	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.11M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$78.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$595.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$704.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$2.19M	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-14.00K	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-17.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.77M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.59M	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$390.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$180.00K	USD	1 Quarter
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00K	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.00K	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-385.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.73M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.71M	USD	1 Quarter
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$340.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.07M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-4.69M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.01M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.63M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.31M	USD	Point-in-time
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$5.00K	USD	1 Quarter
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$9.00K	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$1.71M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$1.72M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.67M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.80M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$219.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$63.00K	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$340.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$1.72M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$1.71M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.67M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.80M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.13M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$63.00K	USD	1 Quarter
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$219.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$219.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$63.00K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.40M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.07M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.