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GTN Stock Price Correlated With Gray Television Financials

GTN Stock Price vs. Quarterly
GTN
Income Statement
Cash Flow
Balance Sheet

GTN Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

GTN Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

GTN Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Insider Trading

 
Change
Value
Transaction
SEC Form 4
BOGER RICHARD LEE   Director
399 sh at $9
$3,578
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock.
7,324,517 sh
838,018 sh
13%
$65,627
$20,740
Morgan Stanley
5,293,319 sh
979,109 sh
23%
$47,427
$17,573
Darsana Capital Partners Lp
5,242,163 sh
4,326,300 sh
472%
$46,970
$39,753
Vanguard Group
5,156,292 sh
247,112 sh
5%
$46,199
$12,228
Dimensional Fund Advisors
4,464,070 sh
-190,273 sh
-4%
$40,000
$7,791
Retirement Systems Of Alabama
4,126,750 sh
 
$36,976
Baupost Group
3,760,000 sh
 
$33,690
UBS Group Ag
3,189,648 sh
389,937 sh
14%
$28,580
$9,206
Capital /Va
3,094,883 sh
661,760 sh
27%
$27,730
$10,893
Charles Schwab Investment Management
2,221,487 sh
160,500 sh
8%
$19,905
$5,643
State Street
1,927,898 sh
106,453 sh
6%
$17,274
$4,670
Penn Capital Management Co
1,826,720 sh
387,055 sh
27%
$16,419
$6,444
Geode Capital Management
1,778,764 sh
82,192 sh
5%
$15,939
$4,197
Clearbridge Investments
1,283,430 sh
7,965 sh
1%
$11,500
$2,674
JPMorgan Chase
1,273,161 sh
28,610 sh
2%
$11,407
$2,795
New York Statemmon Retirement Fund
1,265,667 sh
185,429 sh
17%
$11
$4
Tributary Capital Management
1,244,066 sh
-120,924 sh
-9%
$11,147
$1,701
Deutsche Bank Ag\
1,182,762 sh
1,136,951 sh
2482%
$10,598
$10,280
Bank Of New York Mellon
1,033,580 sh
86,523 sh
9%
$9,261
$2,707
Aqr Capital Management
915,453 sh
-176,785 sh
-16%
$8,203
$645
COMPANY PROFILE
1. Description of Business and Summary of Significant Accounting Policies

Overview. We are a multimedia company headquartered in Atlanta, Georgia.  We are the nation’s largest owner of top-rated local television stations and digital assets in the United States.  Our television stations serve 113 television markets that collectively reach approximately 36 percent of US television households.  This portfolio includes 80 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station.  We also own video program companies Raycom Sports, Tupelo Honey, PowerNation Studios and Third Rail Studios.

Investments in Broadcasting, Production and Technology Companies. We have investments in several television, production and technology companies. We account for all material investments in which we have significant influence over the investee under the equity method of accounting. Upon initial investment, we record equity method investments at cost. The amounts initially recognized are subsequently adjusted for our appropriate share of the net earnings or losses of the investee. We record any investee losses up to the carrying amount of the investment plus advances and loans made to the investee, and any financial guarantees made on behalf of the investee. We recognize our share in earnings and losses of the investee as miscellaneous (expense) income, net in our consolidated statements of operations. Investments are also increased by contributions made to and decreased by the distributions from the investee. The Company evaluates equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investments may be impaired.

Investments in non-public businesses that do not have readily determinable pricing, and for which the Company does not have control or does not exert significant influence, are carried at cost less impairments, if any, plus or minus changes in observable prices for those investments. Gains or losses resulting from changes in the carrying value of these investments are included as miscellaneous (expense) income, net in our consolidated statements of operations. These investments are reported together as a non-current asset on our consolidated balance sheets.

Use of Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“United States GAAP”, or “GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Our actual results could differ materially from these estimated amounts. Our most significant estimates are our allowance for credit losses in receivables, valuation of goodwill and intangible assets, amortization of program rights and intangible assets, pension costs, income taxes, employee medical insurance claims, useful lives of property and equipment and contingencies.

Allowance for Credit Losses. We are exposed to credit risk primarily through sales of broadcast and digital advertising with a variety of direct and agency-based advertising customers, retransmission consent agreements with multichannel video program distributors and program production sales and services. We recorded expenses for this allowance of $4 million, $2 million and $11 million for the years ended December 31, 2021, 2020 and 2019, respectively.

Our allowance for credit losses is an estimate of expected losses over the remaining contractual life of our receivables based on an ongoing analysis of collectability, historical collection experience, current economic and industry conditions and reasonable and supportable forecasts. The allowance is calculated using a historical loss rate applied to the current aging analysis. We may also apply additional allowance when warranted by specific facts and circumstances. We generally write off account receivable

Free historical financial statements for Gray Television Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2012. Compare with GTN stock chart to see long term trends.

Data imported from Gray Television Inc SEC filings. Check original filings before making any investment decision.