10-Q Filing

DALLASNEWS CORP CIK: 1413898 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001413898-21-000020`
Period End Date	20210331
Filing Date	20210426
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	ahc-20210331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 30 Cash Flow Statement 55 Stockholders Equity 16 Comprehensive Income 8

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.02M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$863.00K	USD	Point-in-time
Accounts receivable (net of allowance of $863 and $712 at March 31, 2021 and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$15.50M	USD	Point-in-time
Accounts receivable (net of allowance of $863 and $712 at March 31, 2021 and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$16.56M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$712.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$22.77M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$22.77M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventories	`InventoryNet`	$2.37M	USD	Point-in-time
Inventories	`InventoryNet`	$1.97M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.31M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.78M	USD	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`	$88.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$85.09M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.58M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.53M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$300.57M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$301.65M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$11.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$20.41M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$19.76M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$64.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$76.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$91.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.21M	USD	Point-in-time
Total assets	`Assets`	$118.09M	USD	Point-in-time
Total assets	`Assets`	$123.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.38M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.75M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.56M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$5.08M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.97M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$12.90M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$13.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.66M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$17.12M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$18.52M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.22M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.89M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.36M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.37M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$74.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$76.81M	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, 2021 and December 31, 2020	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 1,913,860 shares held at March 31, 2021 and December 31, 2020	`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`	$-32.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-402.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-405.92M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$118.09M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$123.22M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Total net operating revenue	`Revenues`	$40.34M	USD	1 Quarter
Total net operating revenue	`Revenues`	$36.81M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$19.02M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$17.95M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$19.09M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$20.99M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$3.27M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$2.34M	USD	1 Quarter
Depreciation	`Depreciation`	$1.07M	USD	1 Quarter
Depreciation	`Depreciation`	$1.76M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$64.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$64.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$5.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$1.00K	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$40.52M	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$45.10M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.70M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.76M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.25M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.35M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.45M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.41M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$319.00K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-1.79M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.77M	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`	$-0.13	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.41M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.41M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.14M	USD	1 Quarter
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitContributions`	$1.03M	USD	1 Quarter
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitContributions`	$1.15M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$211.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$296.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$15.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-14.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$1.00K	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`	$-848.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.20M	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.92M	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`	$-391.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-378.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.11M	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-197.00K	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`	$16.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$2.19M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$864.00K	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-18.00K	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-17.00K	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.87M	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.59M	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$163.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$390.00K	USD	1 Quarter
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	1 Quarter
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00K	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-385.00K	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-162.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$856.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.71M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-856.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-4.69M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.88M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	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`	$48.63M	USD	Point-in-time
Income tax paid, net	`IncomeTaxesPaidNet`	$5.00K	USD	1 Quarter
Income tax paid, net	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Dividends Payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time
Dividends Payable	`DividendsPayableCurrentAndNoncurrent`	$1.71M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$360.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$219.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$1.71M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$856.00K	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$54.62M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$219.00K	USD	1 Quarter
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$360.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$360.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$219.00K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.40M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.40M	USD	1 Quarter

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