← SAGA COMMUNICATIONS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $17.9m |
$53.8m
+201.25%
|
$13.4m
-75.03%
|
$13.0m
-3.33%
|
($1.9m)
-114.57%
|
$11.0m
+679.65%
|
$9.1m
-17.37%
|
$9.4m
+3.19%
|
$3.3m
-64.19%
|
($7.5m)
-324.87%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $18.2m | $54.7m | $13.7m | $13.3m | ($1.9m) | $11.2m | $9.2m | $9.5m | $3.5m | ($7.9m) | — | |
| Depreciation, Depletion and Amortization | $7.3m | $6.3m | $6.8m | $6.9m | $6.5m | $5.7m | $5.2m | $5.1m | $5.3m | $5.2m | $5.0m | |
| Amortization of Debt Issuance Costs | $53k | $53k | $51k | $103k | $40k | $37k | $10k | $36k | $36k | $45k | — | |
| Amortization of Intangible Assets | $642k | $860k | $1.1m | $1.0m | $813k | $387k | $48k | $42k | $270k | $350k | — | |
| Deferred Income Tax Expense (Benefit) | $3.2m | ($8.2m) | $2.7m | $1.4m | ($545k) | $195k | $935k | $385k | ($115k) | ($4.1m) | ($4.9m) | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $0 | $19.2m | $20.4m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $1.4m | $0 | $0 | $5.1m | — | — | — | — | $1.2m | — | |
| Other Nonoperating Income (Expense) | $0 | — | $23k | $16k | $233k | $634k | $652k | $119k | $1.5m | $105k | — | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $0 | $181k | $25k | — | — | — | — | — | $18k | — | $1.5m | |
| Gain (Loss) on Disposition of Other Assets | — | — | $61k | $112k | $1.2m | ($7k) | $14k | ($120k) | ($1.0m) | $11.5m | — | |
| Other Operating Income (Expense), Net | $1.4m | ($55k) | ($61k) | ($112k) | $1.2m | ($7k) | $14k | ($120k) | ($1.0m) | $11.5m | — | |
| Net Cash Provided by (Used in) Operating Activities | $29.3m |
$5.4m
-81.68%
|
$25.6m
+375.60%
|
$25.3m
-0.88%
|
$12.1m
-52.29%
|
$19.1m
+58.04%
|
$17.1m
-10.36%
|
$15.4m
-10.20%
|
$13.8m
-10.45%
|
$5.5m
-60.33%
|
$4.5m
-17.51%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $1.4m | ($55k) | ($61k) | ($112k) | — | — | — | — | — | — | ($11.6m) | |
| Payments to Acquire Property, Plant, and Equipment | $4.9m | $6.2m | $5.9m | $5.7m | $2.3m | $4.0m | $6.0m | $4.4m | $3.8m | $3.0m | ($3.1m) | |
| Payments for (Proceeds from) Other Investing Activities | ($39k) | $5k | ($17k) | $10k | $24k | ($40k) | ($116k) | ($117k) | $3k | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($15.9m) | $37.5m | ($14.9m) | ($6.2m) | ($604k) | ($3.3m) | ($15.0m) | ($2.5m) | ($6.7m) | $7.1m | $7.6m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $0 | $10.3m | $5.0m | $10.0m | — | $10.0m | — | — | — | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | — | — | — | — | $5.0m | — | $0 | |
| Payments of Ordinary Dividends, Common Stock | $7.6m | $5.3m | $11.9m | $8.6m | $3.7m | $1.9m | $19.8m | $19.9m | $22.5m | $6.4m | ($6.4m) | |
| Payments of Dividends | $7.6m | $5.3m | $11.9m | $8.6m | $3.7m | $1.9m | $19.8m | $19.9m | $22.5m | $6.4m | ($6.4m) | |
| Dividends Payable, Current | — | $6.5m | $3.3m | $1.8m | — | $4.0m | $13.8m | $12.5m | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($746k) | ($946k) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($8.4m) |
($16.5m)
-97.47%
|
($19.0m)
-14.73%
|
($19.8m)
-4.27%
|
($4.2m)
+78.96%
|
($12.3m)
-196.49%
|
($20.1m)
-62.71%
|
($20.1m)
-0.04%
|
($17.8m)
+11.40%
|
($9.0m)
+49.65%
|
($9.0m)
+0.07%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $44.0m | $51.4m | $54.8m | $36.8m | $29.6m | $18.9m | $22.5m | $21.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $0 | $354 | $0 | $0 | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $850k | $884k | $635k | $311k | $253k | $145k | $100k | $315k | $408k | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $11.0m | $11.7m | $11.4m | $11.5m | $11.6m | $10.0m | $14.3m | $11.0m | $12.6m | $12.3m | — | |
| Goodwill | $7.4m | $15.6m | $18.8m | $19.0m | $19.1m | $19.2m | $19.2m | $19.2m | $19.2m | $0 | $20.4m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $22.2m | $13.7m | $13.3m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $32.5m | $0 | $0 | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $12.5m | ($5.9m) | $5.7m | $5.4m | $705k | $4.3m | $4.8m | $3.4m | $1.1m | ($2.6m) | — | |
| Insured Event, Gain (Loss) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | — | — | $631k | $610k | $148k | $16k | $410k | $1.4m | $1.0m | $904k | — | |
| Operating Costs and Expenses | — | — | — | $92.7m | $81.6m | $83.2m | $87.5m | $90.2m | $96.9m | $91.8m | — | |
| Operating Expenses | $111.1m | $100.9m | $105.1m | $104.3m | $97.1m | $93.3m | $101.8m | $101.3m | $110.6m | $118.2m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | — | $983k | $681k | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $37k | $123.1m | $95.8m | $108.3m | $114.9m | $112.8m | $112.9m | $107.1m | — |