XML 33 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Service revenue $ 98,799 $ 94,623 $ 196,041 $ 187,560
Operating expenses:        
Network operations (including $160 and $114 and $332 and $227 of equity-based compensation expense for three months and six months ended June 30, 2015 and 2014, respectively, exclusive of depreciation and amortization shown separately below) 42,412 39,605 83,491 78,442
Selling, general, and administrative (including $2,938 and $1,759 and $5,908 and $3,651 of equity-based compensation expense, for three and six months ended June 30, 2015 and 2014, respectively) 28,925 26,139 58,603 52,423
Depreciation and amortization 17,371 17,301 34,883 34,505
Total operating expenses 88,708 83,045 176,977 165,370
Gain on capital lease termination     10,110  
Gains on equipment transactions 719 2,731 2,268 5,026
Loss on debt extinguishment and redemption     (10,144)  
Operating income 10,810 14,309 21,298 27,216
Interest income and other, net 417 268 516 404
Interest expense (9,692) (13,790) (21,000) (25,092)
Income before income taxes 1,535 787 814 2,528
Income tax (provision) benefit (695) 421 (1,558) (1,195)
Net (loss) income 840 1,208 (744) 1,333
Comprehensive (loss) income:        
Net (loss) income 840 1,208 (744) 1,333
Foreign currency translation adjustment 1,683 (44) (5,713) (506)
Comprehensive (loss) income $ 2,523 $ 1,164 $ (6,457) $ 827
Net (loss) income per common share:        
Basic and diluted net (loss) income per common share (in dollars per share) $ 0.02 $ 0.03 $ (0.02) $ 0.03
Dividends declared per common share (in dollars per share) $ 0.42 $ 0.17 $ 0.77 $ 0.56
Weighted-average common shares - basic (in shares) 44,774,831 45,897,449 45,012,441 46,200,844
Weighted-average common shares - diluted (in shares) 45,054,507 46,294,966 45,012,441 46,648,415