Entravision Communications, Inc. EVC Burbank California — Operating Lease Liability Current
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Where this comes from
Reported directly by Entravision Communications, Inc. in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityCurrent.
The source filing: Entravision Communications, Inc.’s 10-Q, filed August 10, 2026.
- Filed
- Aug 10, 2026, 4:10 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-342382
The Company’s corporate headquarters and main operational offices for its audio operations are currently located in Burbank, California. The Company's corporate headquarters and main operational offices for its audio operations were previously located in Santa Monica, California. The Company occupied approximately 38,000 square feet of space in the building housing its previous corporate headquarters under a lease, as amended, that was scheduled to expire on January 31, 2034. The Company vacated the facility in February 2025 and ceased making further lease payments. As a result, during the first quarter of 2025 the Company recorded a loss on lease abandonment charges of $16.1 million related to the right of use asset associated with this lease, and $9.1 million related to leasehold improvements associated with this lease. As of June 30, 2026, the Company's Condensed Consolidated Balance Sheet included $5.7 million of operating lease liabilities and $18.6 million of long-term operating lease liabilities related to this lease.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Entravision Communications, Inc.'s burbank california — operating lease liability current?
- Entravision Communications, Inc. (EVC) reported burbank california — operating lease liability current of $5.7M in Q2 2026.
- How has Entravision Communications, Inc.'s burbank california — operating lease liability current changed year-over-year?
- Entravision Communications, Inc.'s burbank california — operating lease liability current increased by 256.3% year-over-year, from $1.6M to $5.7M.
- What does burbank california — operating lease liability current mean?
- Represents the portion of the company's total operating lease obligations for the Burbank, California segment that is due within the next twelve months. This figure is a critical component of short-term liquidity analysis and reflects the immediate cash outflow requirements for maintaining leased facilities. It helps investors assess the company's near-term financial commitments and solvency risk related to its real estate portfolio.
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