10-K Filing

DALLASNEWS CORP CIK: 1413898 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001413898-22-000011`
Period End Date	20211231
Filing Date	20220307
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	daln-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 33 Cash Flow Statement 56 Stockholders Equity 15 Comprehensive Income 10

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.44M	USD	Point-in-time
Accounts receivable (net of allowance of $551 and $712 at December 31, 2021 and 2020, respectively)	`AccountsReceivableNetCurrent`	$16.01M	USD	Point-in-time
Accounts receivable (net of allowance of $551 and $712 at December 31, 2021 and 2020, respectively)	`AccountsReceivableNetCurrent`	$16.56M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$551.00K	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
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$22.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$2.19M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.97M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.48M	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$88.11M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$76.53M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.53M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.98M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$300.57M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$304.16M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$11.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.82M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$20.41M	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`	$257.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.20M	USD	Point-in-time
Total assets	`Assets`	$105.45M	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`	$7.82M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.75M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.93M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$5.08M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.57M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.59M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$12.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.48M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$18.52M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$14.28M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.18M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.89M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.37M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$152.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$62.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$76.81M	USD	Point-in-time
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at December 31, 2021 and 2020	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at December 31, 2021 and 2020	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.56M	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`	$-32.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-406.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-402.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$123.22M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$105.45M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.25	pure	Point-in-time
Total net operating revenue	`Revenues`	$154.30M	USD	Annual
Total net operating revenue	`Revenues`	$154.37M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$69.08M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$71.77M	USD	Annual
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$81.04M	USD	Annual
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$80.01M	USD	Annual
Newsprint, ink and other supplies	`CostDirectMaterial`	$9.88M	USD	Annual
Newsprint, ink and other supplies	`CostDirectMaterial`	$10.17M	USD	Annual
Depreciation	`Depreciation`	$7.02M	USD	Annual
Depreciation	`Depreciation`	$4.00M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$255.00K	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$64.00K	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-29.00K	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-90.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$563.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$232.00K	USD	Annual
Total operating costs and expense	`CostsAndExpenses`	$169.87M	USD	Annual
Total operating costs and expense	`CostsAndExpenses`	$164.32M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-9.95M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-15.57M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$7.33M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$7.01M	USD	Annual
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.56M	USD	Annual
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.62M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-2.15M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.69M	USD	Annual
Net Loss	`NetIncomeLoss`	$-6.87M	USD	Annual
Net Loss	`NetIncomeLoss`	$-467.00K	USD	Annual
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	Annual
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.28	USD	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.35M	shares	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.35M	shares	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-467.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.07M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.27M	USD	Annual
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-4.14M	USD	Annual
Net periodic pension and other post-employment benefit	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-4.63M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$184.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$425.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$26.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$180.00K	USD	Annual
Provision, interest and penalties for uncertain tax positions	`IncreaseDecreaseInProvisionInterestAndPenaltiesForUncertainTaxPositions`	$-3.02M	USD	Annual
Provision, interest and penalties for uncertain tax positions	`IncreaseDecreaseInProvisionInterestAndPenaltiesForUncertainTaxPositions`	$258.00K	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$-29.00K	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$-90.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$563.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$232.00K	USD	Annual
Gain on investment related activity	`GainLossOnSaleOfInvestments`	$732.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.08M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-366.00K	USD	Annual
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-881.00K	USD	Annual
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.08M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-407.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.03M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$62.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.66M	USD	Annual
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-822.00K	USD	Annual
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.65M	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.59M	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.18M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.30M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$798.00K	USD	Annual
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-65.00K	USD	Annual
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-41.00K	USD	Annual
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.76M	USD	Annual
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.49M	USD	Annual
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$767.00K	USD	Annual
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$887.00K	USD	Annual
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00K	USD	Annual
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$155.00K	USD	Annual
Proceeds from investment	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$750.00K	USD	Annual
Note payment received for asset sales	`ProceedsFromCollectionOfNotesReceivable`	$375.00K	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-390.00K	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.00K	USD	Annual
Dividends paid	`PaymentsOfDividends`	$5.14M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$3.42M	USD	Annual
Fractional share payments related to the reverse stock split	`FractionalSharePaymentsRelatedToReverseStockSplit`	$1.00K	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.43M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.14M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.58M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-6.61M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.44M	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`	$48.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.44M	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`	$48.63M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.64	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.80	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Dividends declared	`DividendsCommonStockCash`	$4.28M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$3.42M	USD	Annual
Fractional shares paid out related to the reverse stock	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-6.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-467.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$62.00K	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.74M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-6.87M	USD	Annual
Net Loss	`NetIncomeLoss`	$-467.00K	USD	Annual
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$1.44M	USD	Annual
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$876.00K	USD	Annual
Actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.38M	USD	Annual
Actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.05M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$62.00K	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-405.00K	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-7.05M	USD	Annual

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