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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2011
Selected Quarterly Financial Information [Abstract]  
Quarterly Financial Information (Unaudited) [Text Block]
19.     Quarterly Financial Information (Unaudited)
 
2011
 
First
 
Second
 
Third
 
Fourth
 
 
(dollars in millions, except per common share amounts)
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Total
Revenue
$
360.8

 
$
367.5

 
$
368.8

 
$
365.3

 
$
1,462.4

Operating income
86.4

 
77.6

 
86.3

 
9.2

 
259.5

Net income (loss)
17.9

 
13.5

 
17.6

 
(30.4
)
 
18.6

Basic earnings (loss) per common share
$
0.08

 
$
0.06

 
$
0.08

 
$
(0.17
)
 
$
0.04

Diluted earnings (loss) per common share
$
0.08

 
$
0.05

 
$
0.07

 
$
(0.17
)
 
$
0.04

 
 
 
 
 
 
 
 
 
 
 
2010
 
First
 
Second
 
Third
 
Fourth
 
 
(dollars in millions, except per common share amounts)
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Total
Revenue
$
323.7

 
$
338.6

 
$
351.9

 
$
362.8

 
$
1,377.0

Operating income
82.4

 
69.8

 
82.6

 
64.5

 
299.3

Net income (loss)
22.8

 
9.6

 
14.5

 
(18.6
)
 
28.3

Basic earnings (loss) per common share
$
0.10

 
$
0.03

 
$
0.06

 
$
(0.11
)
 
$
0.09

Diluted earnings (loss) per common share
$
0.10

 
$
0.03

 
$
0.06

 
$
(0.11
)
 
$
0.09


The effects of assumed common share conversions are determined independently for each respective quarter and year and may not be dilutive during every period due to variations in operating results. Therefore, the sum of quarterly per share results will not necessarily equal the per share results for the full year.
During the three months ended December 31, 2011, the Company recognized a goodwill impairment loss of $50.3 million in the Wireless business segment. The impairment loss arose from declines in revenues and wireless subscribers.
In the fourth quarter of 2010, the Company extinguished the Tranche B Term Loan of $760 million, and incurred a loss on extinguishment of $36.1 million, consisting of the write-off of unamortized discount and debt issuance costs.