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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Service revenue $ 589,797 $ 568,103 $ 546,159
Operating expenses:      
Network operations (including $2,521, $1,219 and $994 of equity-based compensation expense, respectively), exclusive of amounts shown separately 226,337 219,157 219,801
Selling, general, and administrative (including $24,301, $22,306 and $17,466 of equity-based compensation expense, respectively) 162,380 158,476 146,913
Depreciation and amortization 89,240 83,477 80,247
Total operating expenses 477,957 461,110 446,961
Losses on lease terminations 7,400    
Gains on equipment transactions 18 352 1,059
Gains (losses) on lease terminations 7,375 (423)  
Operating income 119,233 106,922 100,257
Interest expense (67,074) (62,486) (57,453)
Realized foreign exchange gain on 2024 Euro Notes   2,533  
Unrealized foreign exchange gain (loss) on 2024 Euro Notes 32,522 (36,997) 2,271
Interest income and other 1,437 978 7,599
Income before income taxes 71,420 10,312 52,674
Income tax expense (23,235) (4,096) (15,154)
Net income 48,185 6,216 37,520
Comprehensive income:      
Net income 48,185 6,216 37,520
Foreign currency translation adjustment (9,697) 11,020 (1,398)
Comprehensive income $ 38,488 $ 17,236 $ 36,122
Net income (loss) per common share:      
Basic net income per common share $ 1.04 $ 0.14 $ 0.82
Diluted net income per common share 1.03 0.13 0.81
Dividends declared per common share $ 3.17 $ 2.78 $ 2.44
Weighted-average common shares - basic (in shares) 46,419,180 45,947,772 45,542,315
Weighted-average common shares - diluted (in shares) 46,963,920 46,668,198 46,080,395
Senior notes      
Operating expenses:      
Loss on debt extinguishment and redemption - 2021 Notes   $ (638)  
2022 Notes      
Operating expenses:      
Loss on debt extinguishment and redemption - 2021 Notes $ (14,698)    
Loss on debt extinguishment and redemption - 2022 Notes $ (14,698)