10-Q Filing

DALLASNEWS CORP CIK: 1413898 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001413898-22-000017`
Period End Date	20220331
Filing Date	20220422
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	daln-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 30 Cash Flow Statement 52 Stockholders Equity 18 Comprehensive Income 8

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.89M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$512.00K	USD	Point-in-time
Accounts receivable (net of allowance of $512 and $551 at March 31, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$16.01M	USD	Point-in-time
Accounts receivable (net of allowance of $512 and $551 at March 31, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$12.76M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$551.00K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$22.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$22.40M	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`	$2.19M	USD	Point-in-time
Inventories	`InventoryNet`	$1.78M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.48M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.73M	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`	$72.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$76.53M	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.96M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$312.98M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$304.87M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$304.16M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.82M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.09M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$16.98M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$257.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$232.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.19M	USD	Point-in-time
Total assets	`Assets`	$100.06M	USD	Point-in-time
Total assets	`Assets`	$105.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.83M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.05M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.93M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.57M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.94M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.65M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.92M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$14.28M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$14.37M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.53M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.18M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.34M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$1.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$152.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$155.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$60.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$62.88M	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 March 31, 2022 and December 31, 2021	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at March 31, 2022 and December 31, 2021	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-406.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-409.69M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$100.06M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$105.45M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.25	pure	1 Quarter
Reverse stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.25	pure	Point-in-time
Total net operating revenue	`Revenues`	$36.29M	USD	1 Quarter
Total net operating revenue	`Revenues`	$36.81M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$16.41M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$17.95M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$19.25M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$19.09M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$2.39M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$2.34M	USD	1 Quarter
Depreciation	`Depreciation`	$1.07M	USD	1 Quarter
Depreciation	`Depreciation`	$712.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$64.00K	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`	$38.77M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.70M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.48M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.25M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.45M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.46M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$319.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$184.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.49	USD	1 Quarter
Net loss, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.52	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.35M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.35M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$712.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.14M	USD	1 Quarter
Net periodic pension and other post-employment expense (benefit)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-1.03M	USD	1 Quarter
Net periodic pension and other post-employment expense (benefit)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$227.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$31.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$211.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$15.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-25.00K	USD	1 Quarter
Gain on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$1.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.22M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-848.00K	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.92M	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$837.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-391.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-378.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.99M	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-197.00K	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$117.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$16.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$627.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$60.00K	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`	$-19.00K	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.87M	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-464.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$227.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$163.00K	USD	1 Quarter
Sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-227.00K	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-162.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$856.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$856.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-856.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-856.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.88M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.55M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.44M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.89M	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`	$32.44M	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`	$30.89M	USD	Point-in-time
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$-32.00K	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Reverse stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.25	pure	1 Quarter
Reverse stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.25	pure	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$360.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$130.00K	USD	1 Quarter
Dividends declared ($0.16 per share)	`DividendsCommonStockCash`	$856.00K	USD	1 Quarter
Dividends declared ($0.16 per share)	`DividendsCommonStockCash`	$856.00K	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.15M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.41M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.77M	USD	1 Quarter
Amortization of actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$130.00K	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`	$130.00K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.51M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.40M	USD	1 Quarter

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