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INTERIM FINANCIAL INFORMATION
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
INTERIM FINANCIAL INFORMATION
INTERIM FINANCIAL INFORMATION (Unaudited)
The following is a summary of the Company's selected quarterly financial data for the years ended December 31, 2017 and 2016:
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017 (a)
 
Total
2017
Residential:
 
 
 
 
 
 
 
 
 
Pay TV
$
1,083,878

 
$
1,071,163

 
$
1,069,946

 
$
1,049,135

 
$
4,274,122

Broadband
625,918

 
642,620

 
658,278

 
681,779

 
2,608,595

Telephony
180,961

 
178,261

 
172,479

 
169,064

 
700,765

Business services and wholesale
319,420

 
323,641

 
324,642

 
330,510

 
1,298,213

Advertising
83,361

 
97,501

 
89,292

 
121,712

 
391,866

Other
8,721

 
9,176

 
7,884

 
7,608

 
33,389

Revenue
2,302,259

 
2,322,362

 
2,322,521

 
2,359,808

 
9,306,950

Operating expenses
(2,052,149
)
 
(2,069,094
)
 
(2,201,946
)
 
(2,142,753
)
 
(8,465,942
)
Operating income
$
250,110

 
$
253,268

 
$
120,575

 
$
217,055

 
$
841,008

Net income (loss)
$
(76,188
)
 
$
(479,939
)
 
$
(192,434
)
 
$
2,243,325

 
$
1,494,764

Net income attributable to noncontrolling interests
(237
)
 
(365
)
 
(135
)
 
(850
)
 
(1,587
)
Net income (loss) attributable to Altice USA Inc.'s stockholders
$
(76,425
)
 
$
(480,304
)
 
$
(192,569
)
 
$
2,242,475

 
$
1,493,177

Basic and diluted net income (loss) per share attributable to Altice USA Inc.'s stockholders
$
(0.12
)
 
$
(0.73
)
 
$
(0.26
)
 
$
3.04

 
$
2.15

 
(a)
Pursuant to the enactment of the Tax Reform on December 22, 2017, the Company recorded a noncash deferred tax benefit of $2,332,677 to remeasure the net deferred tax liability to adjust for the reduction in the corporate federal income tax rate 35% to 21% which is effective on January 1, 2018.
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
 
Total
2016
Residential:
 
 
 
 
 
 
 
 
 
Pay TV
$
279,736

 
$
370,122

 
$
1,066,019

 
$
1,072,996

 
$
2,788,873

Broadband
196,691

 
245,568

 
594,932

 
614,383

 
1,651,574

Telephony
39,735

 
55,855

 
185,834

 
184,347

 
465,771

Business services and wholesale
84,404

 
111,193

 
309,366

 
314,578

 
819,541

Advertising
20,887

 
29,843

 
90,555

 
110,764

 
252,049

Other
6,136

 
10,920

 
13,515

 
8,833

 
39,404

Revenue
627,589

 
823,501

 
2,260,221

 
2,305,901

 
6,017,212

Operating expenses
(573,329
)
 
(777,564
)
 
(2,115,955
)
 
(2,087,555
)
 
(5,554,403
)
Operating income
$
54,260

 
$
45,937

 
$
144,266

 
$
218,346

 
$
462,809

Net loss
$
(140,748
)
 
$
(282,129
)
 
$
(172,553
)
 
$
(236,049
)
 
$
(831,479
)
Net loss (income) attributable to noncontrolling interests
—

 
364

 
(256
)
 
(659
)
 
(551
)
Net loss attributable to Altice USA, Inc. stockholders
$
(140,748
)
 
$
(281,765
)
 
$
(172,809
)
 
$
(236,708
)
 
$
(832,030
)
Basic and diluted net loss per share attributable to Altice USA Inc.'s stockholders
$
(0.22
)
 
$
(0.43
)
 
$
(0.27
)
 
$
(0.36
)
 
$
(1.28
)

The Company’s previously reported statements of cash flows for the three months ended March 31, 2017, the six months ended June 30, 2017 and the nine months ended September 30, 2017 reflected distributions to stockholders of $79,617 in cash provided by operating activities. These distributions should have been reflected in financing activities.