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Quarterly financial information (unaudited):
12 Months Ended
Dec. 31, 2016
Quarterly financial information (unaudited):  
Quarterly financial information (unaudited):

11. Quarterly financial information (unaudited):

                                                                                                                                                                                    

 

 

Three months ended

 

 

 

March 31,
2016

 

June 30,
2016

 

September 30,
2016

 

December 31,
2016

 

 

 

(in thousands, except share and per share amounts)

 

Service revenue

 

$

108,291 

 

$

109,955 

 

$

113,057 

 

$

115,596 

 

Network operations, including equity-based compensation expense

 

 

47,277 

 

 

47,872 

 

 

48,827 

 

 

50,089 

 

Gains on equipment transactions

 

 

1,946 

 

 

4,439 

 

 

687 

 

 

667 

 

Operating income

 

 

15,675 

 

 

17,511 

 

 

16,063 

 

 

14,795 

 

Net income

 

 

3,354 

 

 

4,224 

 

 

3,459 

 

 

3,892 

 

Net income per common share—basic and diluted

 

 

0.08 

 

 

0.09 

 

 

0.08 

 

 

0.09 

 

Weighted-average number of common shares—basic

 

 

44,402,640 

 

 

44,491,899 

 

 

44,574,583 

 

 

44,577,826 

 

Weighted-average number of common shares—diluted

 

 

44,571,937 

 

 

44,705,037 

 

 

44,776,918 

 

 

44,803,782 

 

 

                                                                                                                                                                                    

 

 

Three months ended

 

 

 

March 31,
2015

 

June 30,
2015

 

September 30,
2015

 

December 31,
2015

 

 

 

(in thousands, except share and per share amounts)

 

Service revenue

 

$

97,242

 

$

98,799

 

$

103,017

 

$

105,177

 

Network operations, including equity-based compensation expense

 

 

41,079

 

 

42,412

 

 

45,182

 

 

45,836

 

Gains on capital lease terminations

 

 

10,110

 

 

 

 

1,484

 

 

 

Gains on equipment transactions

 

 

1,548

 

 

719

 

 

1,152

 

 

2,023

 

Loss on debt extinguishment and redemption

 

 

(10,144

)

 

 

 

 

 

 

Operating income

 

 

10,487

 

 

10,810

 

 

15,519

 

 

16,174

 

Net (loss) income

 

 

(1,585

)

 

840

 

 

3,161

 

 

2,480

 

Net (loss) income per common share—basic and diluted

 

 

(0.04

)

 

0.02

 

 

0.07

 

 

0.06

 

Weighted-average number of common shares—basic

 

 

45,158,250

 

 

44,774,831

 

 

44,474,724

 

 

44,323,131

 

Weighted-average number of common shares—diluted

 

 

45,158,250

 

 

45,054,507

 

 

44,702,127

 

 

44,558,089