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Entravision Communications Corp – ‘10-K’ for 12/31/14 – ‘R25’

On:  Friday, 3/6/15, at 4:06pm ET   ·   For:  12/31/14   ·   Accession #:  1564590-15-1390   ·   File #:  1-15997

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/06/15  Entravision Communications Corp   10-K       12/31/14  100:18M                                    ActiveDisclosure/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.36M 
 2: EX-10.30    Material Contract                                   HTML     37K 
 3: EX-10.31    Material Contract                                   HTML     37K 
 4: EX-21.1     Subsidiaries List                                   HTML     29K 
 5: EX-23.1     Consent of Experts or Counsel                       HTML     28K 
 6: EX-23.2     Consent of Experts or Counsel                       HTML     28K 
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
 9: EX-32       Certification -- §906 - SOA'02                      HTML     31K 
69: R1          Document and Entity Information                     HTML     67K 
56: R2          Consolidated Balance Sheets                         HTML    136K 
67: R3          Consolidated Balance Sheets (Parenthetical)         HTML     82K 
73: R4          Consolidated Statements of Operations               HTML    107K 
92: R5          Consolidated Statements of Operations               HTML     54K 
                (Parenthetical)                                                  
58: R6          Consolidated Statements of Comprehensive Income     HTML     47K 
66: R7          Consolidated Statements of Stockholders' Equity     HTML    104K 
                (Deficit)                                                        
51: R8          Consolidated Statements of Cash Flows               HTML    133K 
41: R9          Nature of Business                                  HTML     35K 
93: R10         Summary of Significant Accounting Policies          HTML    179K 
75: R11         Acquisitions                                        HTML     47K 
74: R12         Goodwill and Other Intangible Assets                HTML    154K 
80: R13         Property and Equipment                              HTML     74K 
81: R14         Accounts Payable and Accrued Expenses               HTML     67K 
78: R15         Long-Term Debt                                      HTML    113K 
82: R16         Derivative Instruments                              HTML     42K 
68: R17         Fair Value Measurements                             HTML     74K 
70: R18         Income Taxes                                        HTML    165K 
77: R19         Commitments and Contingencies                       HTML     48K 
100: R20         Stockholders' Equity                                HTML     43K  
88: R21         Equity Incentive Plans                              HTML    191K 
62: R22         Related-Party Transactions                          HTML     93K 
76: R23         Accumulated Other Comprehensive Income (Loss)       HTML     50K 
64: R24         Litigation                                          HTML     30K 
32: R25         Segment Data                                        HTML    367K 
89: R26         Quarterly Results of Operations                     HTML     87K 
96: R27         Schedule II - Consolidated Valuation and            HTML     83K 
                Qualifying Accounts                                              
46: R28         Summary of Significant Accounting Policies          HTML    249K 
                (Policies)                                                       
45: R29         Summary of Significant Accounting Policies          HTML    128K 
                (Tables)                                                         
49: R30         Acquisitions (Tables)                               HTML     40K 
50: R31         Goodwill and Other Intangible Assets (Tables)       HTML    141K 
52: R32         Property and Equipment (Tables)                     HTML     74K 
24: R33         Accounts Payable and Accrued Expenses (Tables)      HTML     66K 
86: R34         Long-Term Debt (Tables)                             HTML     68K 
60: R35         Fair Value Measurements (Tables)                    HTML     72K 
63: R36         Income Taxes (Tables)                               HTML    163K 
36: R37         Commitments and Contingencies (Tables)              HTML     42K 
99: R38         Equity Incentive Plans (Tables)                     HTML    188K 
16: R39         Related-Party Transactions (Tables)                 HTML     84K 
53: R40         Accumulated Other Comprehensive Income (Loss)       HTML     46K 
                (Tables)                                                         
91: R41         Segment Data (Tables)                               HTML    361K 
34: R42         Quarterly Results of Operations (Tables)            HTML     86K 
44: R43         Nature of Business - Additional Information         HTML     41K 
                (Detail)                                                         
48: R44         Summary of Significant Accounting Policies -        HTML     79K 
                Additional Information (Detail)                                  
57: R45         Summary of Significant Accounting Policies -        HTML     79K 
                Reconciliation of Basic and Diluted Income (Loss)                
                Per Share (Detail)                                               
23: R46         Acquisitions - Additional Information (Detail)      HTML     71K 
40: R47         Acquisitions - Acquisitions - Summary of Purchase   HTML     54K 
                Price Allocation for Company's Acquisition of                    
                Pulpo Media, Inc (Detail)                                        
18: R48         Goodwill and Other Intangible Assets - Carrying     HTML     47K 
                Amount of Goodwill (Detail)                                      
90: R49         Goodwill and Other Intangible Assets - Composition  HTML     66K 
                of Company's Acquired Intangible Assets and                      
                Associated Accumulated Amortization (Detail)                     
33: R50         Goodwill and Other Intangible Assets - Additional   HTML     44K 
                Information (Detail)                                             
87: R51         Goodwill and Other Intangible Assets - Estimated    HTML     41K 
                Amortization Expense (Detail)                                    
37: R52         Property and Equipment - Property and Equipment     HTML     72K 
                (Detail)                                                         
54: R53         Accounts Payable and Accrued Expenses - Accounts    HTML     74K 
                Payable and Accrued Expenses (Detail)                            
17: R54         Accounts Payable and Accrued Expenses - Additional  HTML     30K 
                Information (Detail)                                             
21: R55         Long-Term Debt - Long-Term Debt (Detail)            HTML     41K 
47: R56         Long-Term Debt - Scheduled Maturities of Long-Term  HTML     51K 
                Debt (Detail)                                                    
27: R57         Long-Term Debt - Additional Information (Detail)    HTML    104K 
94: R58         Long-Term Debt - 2012 Credit Facility - Additional  HTML     48K 
                Information (Detail)                                             
59: R59         Long-Term Debt - 2013 Credit Facility - Additional  HTML    117K 
                Information (Detail)                                             
79: R60         Long-Term Debt - Margin for Revolving Loans         HTML     43K 
                (Detail)                                                         
39: R61         Derivative Instruments - Additional Information     HTML     57K 
                (Detail)                                                         
42: R62         Fair Value Measurements - Fair Value of Assets and  HTML     51K 
                Liabilities on Recurring Basis (Detail)                          
85: R63         Income Taxes - Provision (Benefit) for Income       HTML     64K 
                Taxes (Detail)                                                   
83: R64         Income Taxes - Additional Information (Detail)      HTML     73K 
61: R65         Income Taxes - Schedule of Effective Income Tax     HTML     53K 
                Rate (Detail)                                                    
84: R66         Income Taxes - Components of Deferred Tax Assets    HTML     79K 
                and Liabilities (Detail)                                         
38: R67         Income Taxes - Unrecognized Tax Benefits (Detail)   HTML     32K 
65: R68         Commitments and Contingencies - Additional          HTML     56K 
                Information (Detail)                                             
95: R69         Commitments and Contingencies - Future Minimum      HTML     50K 
                Lease Payments under These Non-cancelable                        
                Operating Leases (Detail)                                        
20: R70         Stockholders' Equity - Additional Information       HTML     63K 
                (Detail)                                                         
31: R71         Equity Incentive Plans - Additional Information     HTML     76K 
                (Detail)                                                         
55: R72         Equity Incentive Plans - Fair Value of Each Stock   HTML     46K 
                Option Granted Weighted-Average Assumptions                      
                (Detail)                                                         
26: R73         Equity Incentive Plans - Summary of Stock Option    HTML     94K 
                Activity (Detail)                                                
98: R74         Equity Incentive Plans - Summary of Nonvested       HTML     62K 
                Restricted Stock and Restricted Stock Units                      
                Activity (Detail)                                                
35: R75         Related-Party Transactions - Additional             HTML     44K 
                Information (Detail)                                             
28: R76         Related-Party Transactions - Summary of             HTML     75K 
                Related-Party Balances with Univision and Other                  
                Related Parties (Detail)                                         
30: R77         Accumulated Other Comprehensive Income (Loss) -     HTML     43K 
                Summary of Components of AOCI (Detail)                           
22: R78         Segment Data - Additional Information (Detail)      HTML     35K 
25: R79         Segment Data - Separate Financial Data for Each of  HTML    151K 
                Company's Operating Segment (Detail)                             
72: R80         Quarterly Results of Operations - Summary of        HTML     56K 
                Quarterly Results of Operations (Detail)                         
29: R81         Schedule II - Consolidated Valuation and            HTML     53K 
                Qualifying Accounts (Detail)                                     
97: XML         IDEA XML File -- Filing Summary                      XML    165K 
19: EXCEL       IDEA Workbook of Financial Reports                  XLSX    228K 
43: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   3.04M 
10: EX-101.INS  XBRL Instance -- evc-20141231                        XML   3.70M 
12: EX-101.CAL  XBRL Calculations -- evc-20141231_cal                XML    198K 
13: EX-101.DEF  XBRL Definitions -- evc-20141231_def                 XML    640K 
14: EX-101.LAB  XBRL Labels -- evc-20141231_lab                      XML   1.41M 
15: EX-101.PRE  XBRL Presentations -- evc-20141231_pre               XML   1.10M 
11: EX-101.SCH  XBRL Schema -- evc-20141231                          XSD    224K 
71: ZIP         XBRL Zipped Folder -- 0001564590-15-001390-xbrl      Zip    210K 


‘R25’   —   Segment Data


This is an IDEA Financial Report.  [ Alternative Formats ]



 
v2.4.1.9
Segment Data
12 Months Ended
Segment Reporting [Abstract]  
Segment Data

17. SEGMENT DATA

Segment operating profit (loss) is defined as operating profit (loss) before corporate expenses and impairment charge. There were no significant sources of revenue generated outside the United States during the years ended December 31, 2014, 2013 and 2012. There was approximately $9.0 million and $8.6 million of assets in Mexico at December 31, 2014 and 2013, respectively.

The accounting policies applied to determine the segment information are generally the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates the performance of its operating segments based on separate financial data for each operating segment as provided below (in thousands):

 

 

 

Years Ended December 31,

 

 

% Change

 

 

% Change

 

 

 

 

2014

 

 

 

2013

 

 

 

2012

 

 

2014 to 2013

 

 

2013 to 2012

 

Net Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

$

165,472

 

 

$

156,994

 

 

$

156,839

 

 

 

5

%

 

 

0

%

Radio

 

 

69,922

 

 

 

66,922

 

 

 

66,414

 

 

 

4

%

 

 

1

%

Digital

 

 

6,644

 

 

 

 

 

 

 

 

 

100

%

 

 

0

%

Consolidated

 

 

242,038

 

 

 

223,916

 

 

 

223,253

 

 

 

8

%

 

 

0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue - digital media

 

 

2,993

 

 

 

 

 

 

 

 

 

100

%

 

 

0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

 

63,569

 

 

 

63,623

 

 

 

56,664

 

 

 

(0

)%

 

 

12

%

Radio

 

 

41,349

 

 

 

40,063

 

 

 

35,592

 

 

 

3

%

 

 

13

%

Digital

 

 

2,363

 

 

 

 

 

 

 

 

 

100

%

 

 

0

%

Consolidated

 

 

107,281

 

 

 

103,686

 

 

 

92,256

 

 

 

3

%

 

 

12

%

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

 

17,278

 

 

 

15,797

 

 

 

20,571

 

 

 

9

%

 

 

(23

)%

Radio

 

 

16,773

 

 

 

15,759

 

 

 

17,247

 

 

 

6

%

 

 

(9

)%

Digital

 

 

1,348

 

 

 

 

 

 

 

 

 

100

%

 

 

0

%

Consolidated

 

 

35,399

 

 

 

31,556

 

 

 

37,818

 

 

 

12

%

 

 

(17

)%

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

 

10,680

 

 

 

12,084

 

 

 

13,312

 

 

 

(12

)%

 

 

(9

)%

Radio

 

 

3,391

 

 

 

2,869

 

 

 

3,114

 

 

 

18

%

 

 

(8

)%

Digital

 

 

592

 

 

 

 

 

 

 

 

 

100

%

 

 

0

%

Consolidated

 

 

14,663

 

 

 

14,953

 

 

 

16,426

 

 

 

(2

)%

 

 

(9

)%

Segment operating profit (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

 

73,945

 

 

 

65,490

 

 

 

66,292

 

 

 

13

%

 

 

(1

)%

Radio

 

 

8,409

 

 

 

8,231

 

 

 

10,461

 

 

 

2

%

 

 

(21

)%

Digital

 

 

(652

)

 

 

 

 

 

 

 

 

100

%

 

 

0

%

Consolidated

 

 

81,702

 

 

 

73,721

 

 

 

76,753

 

 

 

11

%

 

 

(4

)%

Corporate expenses

 

 

21,301

 

 

 

19,771

 

 

 

17,976

 

 

 

8

%

 

 

10

%

Impairment charge

 

 

735

 

 

 

-

 

 

 

-

 

 

 

100

%

 

 

0

%

Operating income (loss)

 

$

59,666

 

 

$

53,950

 

 

$

58,777

 

 

 

11

%

 

 

(8

)%

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

$

6,084

 

 

$

7,243

 

 

$

8,339

 

 

 

 

 

 

 

 

 

Radio

 

 

2,995

 

 

 

2,505

 

 

 

1,561

 

 

 

 

 

 

 

 

 

Digital

 

 

32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

9,111

 

 

$

9,748

 

 

$

9,900

 

 

 

 

 

 

 

 

 

Total assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Television

 

$

380,775

 

 

$

412,487

 

 

$

313,904

 

 

 

 

 

 

 

 

 

Radio

 

 

124,050

 

 

 

125,750

 

 

 

124,147

 

 

 

 

 

 

 

 

 

Digital

 

 

22,942

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

527,767

 

 

$

538,237

 

 

$

438,051

 

 

 

 

 

 

 

 

 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/6/15
For Period end:12/31/1411-K,  4
12/31/1310-K,  11-K
12/31/1210-K,  11-K
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/16/22  Entravision Communications Corp.  10-K       12/31/21  109:23M                                    Donnelley … Solutions/FA
 8/02/21  Entravision Communications Corp.  S-8         8/02/21    4:170K                                   ActiveDisclosure/FA
 4/12/21  Entravision Communications Corp.  10-K       12/31/20  108:20M                                    ActiveDisclosure/FA
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Filing Submission 0001564590-15-001390   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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