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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Service revenue $ 147,879 $ 140,990 $ 294,656 $ 281,904
Operating expenses:        
Network operations (including $136 and $305 of equity-based compensation expense, respectively, exclusive of depreciation and amortization shown separately below) 56,180 53,886 113,272 109,806
Selling, general, and administrative (including $6,738 and $5,778 of equity-based compensation expense, respectively) 41,392 39,839 82,834 79,513
Depreciation and amortization 22,096 19,896 44,065 39,402
Total operating expenses 119,668 113,621 240,171 228,721
Gains on equipment transactions   205 18 244
Operating income 28,211 27,574 54,503 53,427
Interest expense (14,236) (15,499) (30,071) (30,720)
Realized foreign exchange gain on issuance on 2024 Euro Notes   2,547   2,547
Unrealized gain (loss) on foreign exchange on 2024 Euro Notes (5,280) (3,420) 13,590 (512)
Interest income and other, net 64 735 807 28
(Loss) income before income taxes (2,071) 11,299 24,131 24,132
Income tax provision (422) (2,735) (7,773) (6,341)
Net (loss) income (2,493) 8,564 16,358 17,791
Comprehensive (loss) income:        
Net (loss) income (2,493) 8,564 16,358 17,791
Foreign currency translation adjustment 1,776 2,913 (3,434) (580)
Comprehensive (loss) income $ (717) $ 11,477 $ 12,924 $ 17,211
Basic net (loss) income per common share (in dollars per share) $ (0.05) $ 0.19 $ 0.35 $ 0.39
Diluted net (loss) income per common share (in dollars per share) (0.05) 0.18 0.35 0.38
Dividends declared per common share (in dollars per share) $ 0.78 $ 0.68 $ 1.535 $ 1.340
Weighted-average common shares - basic (in shares) 46,229,603 45,754,880 46,227,528 45,760,302
Weighted-average common shares - diluted (in shares) 46,229,603 46,686,665 46,744,070 46,592,445
2021 Notes        
Operating expenses:        
Loss on debt extinguishment and redemption   $ (638)   $ (638)
2022 Notes        
Operating expenses:        
Loss on debt extinguishment and redemption $ (10,830)   $ (14,698)