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Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
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)

 

2020

 

 

2019

 

Revenue

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

243.8

 

 

$

250.3

 

IT Services and Hardware

 

 

142.3

 

 

 

136.3

 

Intersegment

 

 

(6.1

)

 

 

(7.0

)

Total revenue

 

$

380.0

 

 

$

379.6

 

Intersegment revenue

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

4.9

 

 

$

6.0

 

IT Services and Hardware

 

 

1.2

 

 

 

1.0

 

Total intersegment revenue

 

$

6.1

 

 

$

7.0

 

Operating (loss) income

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

12.1

 

 

$

24.5

 

IT Services and Hardware

 

 

1.7

 

 

 

(6.8

)

Corporate

 

 

(34.0

)

 

 

(7.6

)

Total operating (loss) income

 

$

(20.2

)

 

$

10.1

 

Expenditures for long-lived assets*

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

44.4

 

 

$

51.1

 

IT Services and Hardware

 

 

6.5

 

 

 

5.4

 

Total expenditures for long-lived assets

 

$

50.9

 

 

$

56.5

 

Depreciation and amortization

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

63.9

 

 

$

62.7

 

IT Services and Hardware

 

 

10.3

 

 

 

16.7

 

Total depreciation and amortization

 

$

74.2

 

 

$

79.4

 

 

 

*

Includes cost of acquisitions

 

 

 

March 31,

 

 

December 31,

 

(dollars in millions)

 

2020

 

 

2019

 

Assets

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

1,822.5

 

 

$

1,840.0

 

IT Services and Hardware

 

 

464.5

 

 

 

500.7

 

Corporate and eliminations

 

 

312.6

 

 

 

313.1

 

Total assets

 

$

2,599.6

 

 

$

2,653.8