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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating revenues $ 60,514 $ 59,128 $ 178,236 $ 173,432
Operating expenses:        
Cost of services and sales (excluding depreciation and amortization) 27,879 26,785 82,127 78,768
Selling, general and administrative 16,544 16,832 48,163 52,206
Depreciation and amortization 10,234 9,546 30,107 27,425
Loss on disposal of assets, net 23 198 123 101
Total operating expenses 54,680 53,361 160,520 158,500
Operating income 5,834 5,767 17,716 14,932
Other income and (expense):        
Interest expense (2,659) (2,997) (8,357) (9,149)
Loss on extinguishment of debt 0 0 0 (2,830)
Interest income 13 121 156 291
Other income, net 33 192 447 192
Total other income and (expense) (2,613) (2,684) (7,754) (11,496)
Income before income tax expense 3,221 3,083 9,962 3,436
Income tax expense (941) (1,084) (2,897) (1,228)
Net income 2,280 1,999 7,065 2,208
Less net loss attributable to noncontrolling interest (22) (23) (64) (76)
Net income attributable to Alaska Communications 2,302 2,022 7,129 2,284
Other comprehensive income (loss):        
Minimum pension liability adjustment 68 (69) 205 (30)
Income tax effect (19) 19 (57) 8
Amortization of defined benefit plan loss (32) (192) (98) 51
Income tax effect 9 55 27 (14)
Interest rate swap marked to fair value (342) (396) (3,818) (362)
Income tax effect 97 112 1,085 102
Reclassification to interest expense 507 (197) 898 (648)
Income tax effect (144) 56 (255) 184
Total other comprehensive income (loss) 144 (612) (2,013) (709)
Total comprehensive income attributable to Alaska Communications 2,446 1,410 5,116 1,575
Net loss attributable to noncontrolling interest (22) (23) (64) (76)
Total other comprehensive income attributable to noncontrolling interest 0 0 0 0
Total comprehensive loss attributable to noncontrolling interest (22) (23) (64) (76)
Total comprehensive income $ 2,424 $ 1,387 $ 5,052 $ 1,499
Net income per share attributable to Alaska Communications:        
Basic (in dollars per share) $ 0.04 $ 0.04 $ 0.13 $ 0.04
Diluted (in dollars per share) $ 0.04 $ 0.04 $ 0.13 $ 0.04
Weighted average shares outstanding:        
Basic shares (in shares) 54,116 53,328 53,906 53,503
Diluted (in shares) 54,572 53,991 54,393 54,405