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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Successor Company        
Operating revenues        
Service and other revenues $ 243,122   $ 463,724  
Handset and accessory revenues 6,091   12,046  
Total operating revenues 249,213   475,770  
Operating expenses        
Cost of service (exclusive of depreciation and amortization included below) 81,910   171,934  
Cost of handsets and accessories 8,861   20,027  
Selling, general and administrative 135,922   269,333  
Impairment and restructuring charges 10,557   16,472  
Depreciation 29,660   59,770  
Amortization 11,054   21,049  
Total operating expenses 277,964   558,585  
Operating loss (28,751)   (82,815)  
Other income (expense)        
Interest expense, net (27,181)   (52,403)  
Interest income 10,802   20,526  
Foreign currency transaction gains (losses), net 43,356   82,998  
Other expense, net (2,446)   (4,942)  
Total other expense 24,531   46,179  
Loss from continuing operations before reorganization items and income tax provision (4,220)   (36,636)  
Total reorganization items (223) $ 1,970,483 (598) $ 1,956,874
Income tax provision (353)   (369)  
Net (loss) income from continuing operations (4,796)   (37,603)  
(Loss) income from discontinued operations, net of income taxes (5,075)   (8,856)  
Net (loss) income $ (9,871)   $ (46,459)  
Net (loss) income from continuing operations per common share, basic (in dollars per share) $ (0.05)   $ (0.37)  
Net (loss) income from discontinued operations per common share, basic (in dollars per share) (0.05)   (0.09)  
Net (loss) income per common share, basic (in dollars per share) (0.10)   (0.46)  
Net (loss) income from continuing operations per common share, diluted (in dollars per share) (0.05)   (0.37)  
Net (loss) income from discontinued operations per common share, diluted (in dollars per share) (0.05)   (0.09)  
Net (loss) income per common, diluted (in dollars per share) $ (0.10)   $ (0.46)  
Weighted average number of common shares outstanding, basic (shares) 100,013   100,009  
Weighted average number of common shares outstanding, diluted (shares) 100,013   100,009  
Comprehensive income, net of income taxes        
Foreign currency translation adjustment $ 105,489   $ 188,993  
Reclassification adjustment for sale of Nextel Mexico 0   0  
Other 0   0  
Other comprehensive income 105,489   188,993  
Net (loss) income (9,871)   (46,459)  
Total comprehensive income $ 95,618   $ 142,534  
Predecessor Company        
Operating revenues        
Service and other revenues   303,222   643,904
Handset and accessory revenues   17,081   39,807
Total operating revenues   320,303   683,711
Operating expenses        
Cost of service (exclusive of depreciation and amortization included below)   125,983   256,085
Cost of handsets and accessories   65,369   121,143
Selling, general and administrative   223,821   419,699
Impairment and restructuring charges   29,496   36,792
Depreciation   60,703   126,789
Amortization   13,006   27,089
Total operating expenses   518,378   987,597
Operating loss   (198,075)   (303,886)
Other income (expense)        
Interest expense, net   (47,547)   (82,820)
Interest income   8,889   15,327
Foreign currency transaction gains (losses), net   14,560   (63,948)
Other expense, net   (9,374)   (137)
Total other expense   (33,472)   (131,578)
Loss from continuing operations before reorganization items and income tax provision   (231,547)   (435,464)
Total reorganization items   1,970,483   1,956,874
Income tax provision   (1,128)   (2,009)
Net (loss) income from continuing operations   1,737,808   1,519,401
(Loss) income from discontinued operations, net of income taxes   312,224   221,114
Net (loss) income   $ 2,050,032   $ 1,740,515
Net (loss) income from continuing operations per common share, basic (in dollars per share)   $ 10.04   $ 8.73
Net (loss) income from discontinued operations per common share, basic (in dollars per share)   1.80   1.27
Net (loss) income per common share, basic (in dollars per share)   11.84   10.00
Net (loss) income from continuing operations per common share, diluted (in dollars per share)   10.03   8.71
Net (loss) income from discontinued operations per common share, diluted (in dollars per share)   1.80   1.27
Net (loss) income per common, diluted (in dollars per share)   $ 11.83   $ 9.98
Weighted average number of common shares outstanding, basic (shares)   172,363   172,363
Weighted average number of common shares outstanding, diluted (shares)   172,575   172,691
Comprehensive income, net of income taxes        
Foreign currency translation adjustment   $ 29,349   $ (205,899)
Reclassification adjustment for sale of Nextel Mexico   421,953   421,953
Other   (407)   2,956
Other comprehensive income   450,895   219,010
Net (loss) income   2,050,032   1,740,515
Total comprehensive income   $ 2,500,927   $ 1,959,525