SEC Info - Central European Media Enterprises Ltd - ‘10-Q’ for 6/30/20

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

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Central European Media Enterprises Ltd 10-Q         HTML   1.61M 
 2: EX-31.01    Certification -- §302 - SOA'02                      HTML     33K 
 3: EX-31.02    Certification -- §302 - SOA'02                      HTML     34K 
 4: EX-31.03    Certification -- §302 - SOA'02                      HTML     33K 
 5: EX-32.01    Certification -- §906 - SOA'02                      HTML     31K 
12: R1          Document and Entity Information                     HTML     82K 
13: R2          Condensed Consolidated Balance Sheets               HTML    137K 
14: R3          Condensed Consolidated Balance Sheets               HTML     43K 
                (Parenthetical)                                                  
15: R4          Condensed Consolidated Statements of Operations     HTML    129K 
                and Comprehensive Income / Loss                                  
16: R5          Condensed Consolidated Statements of Equity         HTML     96K 
17: R6          Condensed Consolidated Statements of Cash Flows     HTML    112K 
18: R7          Organization and Business                           HTML     39K 
19: R8          Basis of Presentation                               HTML     45K 
20: R9          Goodwill and Intangible Assets                      HTML    100K 
21: R10         Long-Term Debt and Other Financing Arrangements     HTML    138K 
22: R11         Program Rights                                      HTML     78K 
23: R12         Other Assets                                        HTML     50K 
24: R13         Property, Plant and Equipment                       HTML     66K 
25: R14         Accounts Payable and Accrued Liabilities            HTML     47K 
26: R15         Other Liabilities                                   HTML     54K 
27: R16         Leases Leases                                       HTML    122K 
28: R17         Financial Instruments and Fair Value Measurements   HTML     50K 
29: R18         Convertible Redeemable Preferred Stock              HTML     34K 
30: R19         Equity                                              HTML     91K 
31: R20         Interest Expense                                    HTML     44K 
32: R21         Other Nonoperating Expense, Net                     HTML     52K 
33: R22         Stock-Based Compensation                            HTML     56K 
34: R23         Earnings Per Share                                  HTML     88K 
35: R24         Segment Data                                        HTML    171K 
36: R25         Commitments and Contingencies                       HTML     57K 
37: R26         Related Party Transactions                          HTML     50K 
38: R27         Basis of Presentation (Policies)                    HTML     49K 
39: R28         FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS   HTML     33K 
                Policies (Policies)                                              
40: R29         EARNINGS PER SHARE Policies (Policies)              HTML     30K 
41: R30         Goodwill and Intangible Assets (Tables)             HTML    101K 
42: R31         Long-Term Debt and Other Financing Arrangements     HTML    134K 
                (Tables)                                                         
43: R32         Program Rights (Tables)                             HTML     49K 
44: R33         Other Assets (Tables)                               HTML     50K 
45: R34         Property, Plant and Equipment (Tables)              HTML     68K 
46: R35         Accounts Payable and Accrued Liabilities (Tables)   HTML     47K 
47: R36         Other Liabilities (Tables)                          HTML     52K 
48: R37         Leases (Tables)                                     HTML    125K 
49: R38         Financial Instruments and Fair Value Measurements   HTML     43K 
                (Tables)                                                         
50: R39         Equity Aoci (Tables)                                HTML     83K 
51: R40         Interest Expense (Tables)                           HTML     43K 
52: R41         Other Nonoperating Expense, Net (Tables)            HTML     51K 
53: R42         Stock-Based Compensation (Tables)                   HTML     49K 
54: R43         Earnings Per Share (Tables)                         HTML     89K 
55: R44         Segment Data (Tables)                               HTML    175K 
56: R45         Commitments and Contingencies (Tables)              HTML     47K 
57: R46         Related Party Transactions (Tables)                 HTML     47K 
58: R47         Organization and Business (Details)                 HTML     56K 
59: R48         Basis of Presentation (Details)                     HTML     34K 
60: R49         GOODWILL AND INTANGIBLE ASSETS Goodwill (Details)   HTML     56K 
61: R50         GOODWILL AND INTANGIBLE ASSETS Other Intangible     HTML     49K 
                Assets (Details)                                                 
62: R51         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     37K 
                Long term debt summary (Details)                                 
63: R52         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     33K 
                Financing transactions, narrative (Details)                      
64: R53         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     56K 
                Long-term debt and credit facilities, overview                   
                (Details)                                                        
65: R54         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     54K 
                Long-term debt and credit facilities, narrative                  
                (Details)                                                        
66: R55         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     52K 
                Maturities of long-term debt and credit facilities               
                (Details)                                                        
67: R56         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     87K 
                Leverage summary (Details)                                       
68: R57         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     36K 
                Leverage narrative (Details)                                     
69: R58         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     48K 
                Interest rate summary (Details)                                  
70: R59         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     63K 
                2023 revolving credit facility, leverage overview                
                (Details)                                                        
71: R60         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     42K 
                2023 revolving credit facility, narrative                        
                (Details)                                                        
72: R61         LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS     HTML     48K 
                Other credit facilities and capital lease                        
                obligations composition (Details)                                
73: R62         Program Rights (Details)                            HTML     86K 
74: R63         Other Assets (Details)                              HTML     49K 
75: R64         Property, Plant and Equipment (Details)             HTML     58K 
76: R65         Property, Plant and Equipment Rollforward           HTML     41K 
                (Details)                                                        
77: R66         Accounts Payable and Accrued Liabilities (Details)  HTML     54K 
78: R67         Other Liabilities (Details)                         HTML     60K 
79: R68         LEASES - Components of Lease Expense (Details)      HTML     41K 
80: R69         LEASES - Classification of Cash Flows (Details)     HTML     40K 
81: R70         LEASES - Current and Non-current Assets and         HTML     76K 
                Liabilities (Details)                                            
82: R71         LEASES - Lease Liability Maturities (Details)       HTML     68K 
83: R72         FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS   HTML     42K 
                Hedge Accounting Activities (Details)                            
84: R73         Convertible Redeemable Preferred Stock (Details)    HTML     41K 
85: R74         Equity (Details)                                    HTML     82K 
86: R75         Equity Aoci (Details)                               HTML     59K 
87: R76         Interest Expense (Details)                          HTML     38K 
88: R77         Other Nonoperating Expense, Net (Details)           HTML     41K 
89: R78         Stock-Based Compensation (Details)                  HTML     34K 
90: R79         Stock-Based Compensation Stock Options (Details)    HTML     64K 
91: R80         STOCK-BASED COMPENSATION Restricted Stock Units     HTML     58K 
                with Time-Based Vesting (Details)                                
92: R81         STOCK-BASED COMPENSATION Restricted Stock Units     HTML     52K 
                with Performance Conditions (Details)                            
93: R82         Earnings Per Share (Details)                        HTML     81K 
94: R83         Earnings Per Share Antidilutive instruments         HTML     33K 
                (Details)                                                        
95: R84         SEGMENT DATA Net Revenue and OIBDA (Details)        HTML     81K 
96: R85         SEGMENT DATA Total Assets (Details)                 HTML     48K 
97: R86         SEGMENT DATA Capital Expenditure (Details)          HTML     44K 
98: R87         SEGMENT DATA Long Lived Assets (Details)            HTML     50K 
99: R88         SEGMENT DATA Revenue by Type (Details)              HTML     39K 
100: R89         COMMITMENTS AND CONTINGENCIES Programming Rights    HTML     56K  
                Agreements and Other Commitments (Details)                       
101: R90         COMMITMENTS AND CONTINGENCIES Other (Details)       HTML     42K  
102: R91         Related Party Transactions (Details)                HTML     50K  
103: R9999       Uncategorized Items - cetv10-qq22020.htm            HTML     28K  
105: XML         IDEA XML File -- Filing Summary                      XML    198K  
11: XML         XBRL Instance -- cetv10-qq22020_htm                  XML   3.28M 
104: EXCEL       IDEA Workbook of Financial Reports                  XLSX    135K  
 7: EX-101.CAL  XBRL Calculations -- cetv-20200630_cal               XML    275K 
 8: EX-101.DEF  XBRL Definitions -- cetv-20200630_def                XML    921K 
 9: EX-101.LAB  XBRL Labels -- cetv-20200630_lab                     XML   1.91M 
10: EX-101.PRE  XBRL Presentations -- cetv-20200630_pre              XML   1.30M 
 6: EX-101.SCH  XBRL Schema -- cetv-20200630                         XSD    210K 
106: JSON        XBRL Instance as JSON Data -- MetaLinks              453±   655K  
107: ZIP         XBRL Zipped Folder -- 0000925645-20-000036-xbrl      Zip    613K

‘R16’ — Leases Leases

This is an IDEA Financial Report. [ Alternative Formats ]

LEASES LEASES

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

LEASES

We enter into operating and finance leases for offices, production and related facilities, cars and certain other equipment. Our leases have remaining lease terms up to ten years.

The components of lease cost for the three and six months ended June 30, 2020 and 2019 were as follows:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
Operating lease cost:
Short-term operating lease cost	$	545	$	1,128	$	1,691	$	2,812
Long-term operating lease cost	1,193		1,149		2,430		2,299
Total operating lease cost	$	1,738	$	2,277	$	4,121	$	5,111

Finance lease cost:
Amortization of right-of-use asset	$	1,625	$	1,464	$	3,213	$	2,719
Interest on lease liabilities	84		88		167		196
Total finance lease cost	$	1,709	$	1,552	$	3,380	$	2,915

The classification of cash flows related to our leases for the six months ended June 30, 2020 and 2019 was as follows:



	For the Six Months Ended June 30,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,322	$	2,749
Operating cash flows from finance leases	188		186
Financing cash flows from finance leases	3,918		3,395

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	2,169	$	2,607
Finance leases	1,599		2,746

Our assets and liabilities related to our leasing arrangements comprised the following at June 30, 2020 and December 31, 2019:



	June 30, 2020			December 31, 2019
Operating Leases
Operating lease right-of-use-assets, gross	$	17,026		$	15,396
Accumulated amortization	(5,086		)	(3,714		)
Operating lease right-of-use-assets, net	$	11,940		$	11,682

Other current liabilities	$	3,380		$	3,203
Other non-current liabilities	8,503			8,434
Total operating lease liabilities	$	11,883		$	11,637

Finance Leases
Property, plant and equipment, gross	$	33,345		$	35,875
Accumulated depreciation	(16,368		)	(15,799		)
Property, plant and equipment, net	$	16,977		$	20,076

Current portion of long-term debt and other financing arrangements	$	6,952		$	6,836
Long-term debt and other financing arrangements	7,671			9,496
Total finance lease liabilities	$	14,623		$	16,332

Weighted Average Remaining Lease Term in Years
Operating leases	4.8			4.9
Finance leases	2.6			2.7

Weighted Average Discount Rate
Operating leases	4.8		%	4.7		%
Finance leases	2.0		%	2.1		%

Our lease liabilities had the following maturities at June 30, 2020:



	Operating Leases			Finance Leases
2020	$	2,849		$	3,739
2021	2,558			6,107
2022	2,476			3,392
2023	1,886			1,614
2024	1,345			160
2025 and thereafter	2,307			—
Total undiscounted payments	13,421			15,012
Less: amounts representing interest	(1,538		)	(389		)
Present value of net minimum lease payments	$	11,883		$	14,623

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	7/21/20	8-K
For Period end:	6/30/20
	12/31/19	10-K, 10-K/A
	6/30/19	10-Q
		List all Filings

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Filing Submission 0000925645-20-000036 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Central European Media Enterprises Ltd – ‘10-Q’ for 6/30/20 – ‘R16’

On: Tuesday, 7/21/20, at 1:30pm ET · For: 6/30/20 · Accession #: 925645-20-36 · File #: 0-24796

Previous ‘10-Q’: ‘10-Q’ on 4/22/20 for 3/31/20 · Latest ‘10-Q’: This Filing

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

‘R16’ — Leases Leases

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Central European Media Enterprises Ltd – ‘10-Q’ for 6/30/20 – ‘R16’

On: Tuesday, 7/21/20, at 1:30pm ET · For: 6/30/20 · Accession #: 925645-20-36 · File #: 0-24796

Previous ‘10-Q’: ‘10-Q’ on 4/22/20 for 3/31/20 · Latest ‘10-Q’: This Filing

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

‘R16’ — Leases Leases

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

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