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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Site leasing $ 397,550 $ 374,450
Site development 25,813 25,319
Total revenues 423,363 399,769
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):    
Cost of site leasing 89,382 82,762
Cost of site development 21,588 19,833
Selling, general, and administrative [1] 34,223 30,406
Acquisition related adjustments and expenses 2,969 3,182
Asset impairment and decommission costs 8,351 6,183
Depreciation, accretion, and amortization 159,031 159,801
Total operating expenses 315,544 302,167
Operating income 107,819 97,602
Other income (expense):    
Interest income 3,234 1,866
Interest expense (77,602) (83,804)
Non-cash interest expense (705) (455)
Amortization of deferred financing fees (6,698) (5,265)
Other income (expense), net 14,948 45,900
Total other expense, net (66,823) (41,758)
Income before provision for income taxes 40,996 55,844
Provision for income taxes (3,398) (2,205)
Net income $ 37,598 $ 53,639
Net income per common share    
Basic $ 0.31 $ 0.43
Diluted $ 0.31 $ 0.43
Weighted average common shares    
Basic 121,049 125,398
Diluted 121,734 126,124
[1] Includes non-cash compensation of $8,826 and $7,686 for the three months ended March 31, 2017 and 2016, respectively.