← 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
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $18.2m $54.7m $13.7m $13.3m ($1.9m) $11.2m $9.2m $9.5m $3.5m ($7.9m)
Net Income (Loss) Available to Common Stockholders, Basic $17.9m $53.8m $13.4m $13.0m ($1.9m) $11.0m $9.1m $9.4m $3.3m ($7.5m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — ($1.9m) $11.2m $9.2m $9.5m $3.5m ($7.9m)
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 — — — — — —
Depreciation, Depletion and Amortization $7.3m $6.3m $6.8m $6.9m $6.5m $5.7m $5.2m $5.1m $5.3m $5.2m
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
Depreciation $6.6m $6.3m $6.8m $6.9m $6.5m $5.7m $5.2m $5.1m $5.3m $5.2m
Deferred Income Tax Expense (Benefit) $3.2m ($8.2m) $2.7m $1.4m ($545k) $195k $935k $385k ($115k) ($4.1m)
Goodwill, Impairment Loss — — — — — — — — $0 $19.2m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $1.4m $0 $0 $5.1m — — — — $1.2m
Gain (Loss) on Disposition of Property Plant Equipment $1.4m ($55k) ($61k) ($112k) — — — — — —
Gain (Loss) on Disposition of Other Assets — — $61k $112k $1.2m ($7k) $14k ($120k) ($1.0m) $11.5m
Income Tax Expense (Benefit) $12.5m ($5.9m) $5.7m $5.4m $705k $4.3m $4.8m $3.4m $1.1m ($2.6m)
Other Nonoperating Income (Expense) $0 — $23k $16k $233k $634k $652k $119k $1.5m $105k
Additional Financial Items
Accounts Receivable, Credit Loss Expense (Reversal) $0 $181k $25k — — — — — $18k —
Proceeds from Stock Options Exercised $0 $354 $0 $0 — — — — — —
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
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
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 $25.6m $25.3m $12.1m $19.1m $17.1m $15.4m $13.8m $5.5m
Cash flows from investing activities:
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
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
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $0 — — — — — — $5.0m —
Repayments of Long-term Debt $0 $10.3m $5.0m $10.0m — $10.0m — — — —
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
Payments of Dividends $7.6m $5.3m $11.9m $8.6m $3.7m $1.9m $19.8m $19.9m $22.5m $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) ($19.0m) ($19.8m) ($4.2m) ($12.3m) ($20.1m) ($20.1m) ($17.8m) ($9.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $44.0m $51.4m $54.8m $36.8m $29.6m $18.9m $22.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $850k $884k $635k $311k $253k $145k $100k $315k $408k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.