XML 38 R14.htm IDEA: XBRL DOCUMENT v3.26.1
Other Assets and Accrued Liabilities
 3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Other Assets and Accrued Liabilities Other Assets and Accrued Liabilities
Prepaid expenses and other, classified as current assets, included the following:
(in thousands)March 31,
2026		December 31,
2025
Prepaid maintenance expenses$8,184 $7,055 
Broadband contract acquisition costs3,967 3,818 
Other3,692 4,325 
Prepaid expenses and other$15,843 $15,198 

Deferred charges and other assets, classified as long-term assets, included the following:
(in thousands)March 31,
2026		December 31,
2025
Broadband contract acquisition costs$9,709 $9,288 
Other8,126 9,364 
Deferred charges and other assets$17,835 $18,652 
Accrued liabilities and other, classified as current liabilities, included the following:
(in thousands)March 31,
2026		December 31,
2025
Accrued programming costs$3,405 $3,232 
Other10,920 10,847 
Accrued liabilities and other$14,325 $14,079 

Other liabilities, classified as long-term liabilities, included the following:
(in thousands)March 31,
2026		December 31,
2025
Noncurrent portion of deferred revenue$27,062 $27,246 
Other5,643 5,094 
Other liabilities$32,705 $32,340 
Reduction in Force
On February 23, 2026, the Company announced a reduction in force of approximately 10% of its employees to prepare and align the business with the wind-down of the Glo Fiber expansion phase that is expected to be substantially complete by end of 2026. During the three months ended March 31, 2026, Shentel recorded $2.1 million in expense primarily related to severance costs and retention bonuses, included in restructuring, integration and acquisition expense in the condensed consolidated statements of operations. No severance payments were made during this period.