XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)    
Service revenue $ 149,175 $ 146,777
Operating expenses:    
Network operations (including $144 and $2,076 of equity-based compensation expense, respectively, exclusive of depreciation and amortization shown separately below) 57,449 57,092
Selling, general, and administrative (including $5,912 and $5,231 of equity-based compensation expense, respectively) 40,627 41,442
Depreciation and amortization 22,688 21,970
Total operating expenses 120,764 120,504
Gains on equipment transactions   18
Gains on lease terminations 373  
Operating income 28,784 26,291
Interest expense (35,439) (15,836)
Unrealized foreign exchange gain on 2024 Euro Notes 8,014 18,870
Loss on debt extinguishment and repurchase - 2022 Notes   (3,868)
Interest income and other, net 319 744
Income before income taxes 1,678 26,201
Income tax expense (541) (7,350)
Net income 1,137 18,851
Comprehensive (loss) income:    
Net income 1,137 18,851
Foreign currency translation adjustment (2,165) (5,210)
Comprehensive (loss) income $ (1,028) $ 13,641
Net income per common share:    
Basic net income per common share $ 0.02 $ 0.41
Diluted net income per common share 0.02 0.41
Dividends declared per common share $ 0.855 $ 0.755
Weighted-average common shares - basic (in shares) 46,575,848 46,067,096
Weighted-average common shares - diluted (in shares) 46,929,191 46,507,258