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SEC Filings

10-Q
RENAISSANCE MEDIA GROUP LLC filed this Form 10-Q on 10/20/1998
Entire Document
 
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                          RENAISSANCE MEDIA GROUP LLC
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 JUNE 30, 1998
              (ALL DOLLAR AMOUNTS IN 000'S EXCEPT WHERE INDICATED)
                                  (Unaudited)

8.   ACCRUED EXPENSES

     Accrued expenses as of June 30, 1998 consist of the following:


     Accrued programming costs.................................     $2,641
     Accrued interest..........................................      1,777
     Accrued franchise fees....................................      1,199
     Accrued legal and professional fees.......................      1,119
     Accrued salaries and wages................................        303
     Other accrued expenses....................................      1,269
                                                                    ------
                                                                    $8,308
                                                                    ======

9.   EMPLOYEE BENEFIT PLAN

     Effective April 9, 1998, the Company began sponsoring a defined
     contribution plan which covers substantially all employees (the "Plan").
     The Plan provides for contributions from eligible employees up to 15% of
     their compensation.  The Company's contribution to the Plan is limited to
     50% of each eligible employee's contribution up to 10% of his or her
     compensation.  The Company has the right in any year to set the amount of
     the Company's contribution percentage.  Company matching contributions
     approximated $32 for the period from April 9, 1998 to June 30, 1998.

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