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Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Selected Financial Data for the Company's Business Segment Information

Selected financial data for the Company’s business segment information is as follows:

 

 

 

Three Months Ended March 31,

 

 

(dollars in millions)

 

2024

 

 

2023

 

 

Revenue

 

 

 

 

 

 

 

Network

 

$

271.6

 

 

$

275.9

 

 

Total revenue

 

$

271.6

 

 

$

275.9

 

 

Operating (loss) income

 

 

 

 

 

 

 

Network

 

$

3.8

 

 

$

(29.8

)

 

Corporate

 

 

(6.6

)

 

 

(9.4

)

 

Total operating loss

 

$

(2.8

)

 

$

(39.2

)

 

Expenditures for long-lived assets*

 

 

 

 

 

 

 

Network

 

$

155.3

 

 

$

142.0

 

 

Corporate

 

 

 

 

 

0.1

 

 

Total expenditures for long-lived assets

 

$

155.3

 

 

$

142.1

 

 

Depreciation and amortization

 

 

 

 

 

 

 

Network

 

$

77.4

 

 

$

112.8

 

 

Corporate

 

 

 

 

 

0.1

 

 

Total depreciation and amortization

 

$

77.4

 

 

$

112.9

 

 

 

* Includes cost of acquisitions

 

(dollars in millions)

 

March 31, 2024

 

 

December 31, 2023

 

Assets

 

 

 

 

 

 

Network

 

$

3,661.7

 

 

$

3,597.2

 

Total assets from discontinued operations

 

 

920.0

 

 

 

1,030.2

 

Corporate and eliminations

 

 

132.0

 

 

 

128.1

 

Total assets

 

$

4,713.7

 

 

$

4,755.5