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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(dollars in millions)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

239.7

 

 

$

250.5

 

 

$

483.5

 

 

$

500.8

 

IT Services and Hardware

 

 

147.0

 

 

 

140.2

 

 

 

289.3

 

 

 

276.5

 

Intersegment

 

 

(6.7

)

 

 

(6.5

)

 

 

(12.8

)

 

 

(13.5

)

Total revenue

 

$

380.0

 

 

$

384.2

 

 

$

760.0

 

 

$

763.8

 

Intersegment revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

5.0

 

 

$

5.2

 

 

$

9.9

 

 

$

11.2

 

IT Services and Hardware

 

 

1.7

 

 

 

1.3

 

 

 

2.9

 

 

 

2.3

 

Total intersegment revenue

 

$

6.7

 

 

$

6.5

 

 

$

12.8

 

 

$

13.5

 

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

30.5

 

 

$

29.0

 

 

$

42.6

 

 

$

53.5

 

IT Services and Hardware

 

 

5.2

 

 

 

1.1

 

 

 

6.9

 

 

 

(5.7

)

Corporate

 

 

(8.0

)

 

 

(5.2

)

 

 

(42.0

)

 

 

(12.8

)

Total operating income

 

$

27.7

 

 

$

24.9

 

 

$

7.5

 

 

$

35.0

 

Expenditures for long-lived assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

42.2

 

 

$

47.9

 

 

$

86.6

 

 

$

99.0

 

IT Services and Hardware

 

 

6.3

 

 

 

6.1

 

 

 

12.8

 

 

 

11.5

 

Corporate

 

 

—

 

 

 

0.1

 

 

 

—

 

 

 

0.1

 

Total expenditures for long-lived assets

 

$

48.5

 

 

$

54.1

 

 

$

99.4

 

 

$

110.6

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

64.5

 

 

$

63.4

 

 

$

128.4

 

 

$

126.1

 

IT Services and Hardware

 

 

10.2

 

 

 

10.7

 

 

 

20.5

 

 

 

27.4

 

Corporate

 

 

—

 

 

 

0.1

 

 

 

—

 

 

 

0.1

 

Total depreciation and amortization

 

$

74.7

 

 

$

74.2

 

 

$

148.9

 

 

$

153.6

 

 

 

(dollars in millions)

 

June 30,

2020

 

 

December 31,

2019

 

Assets

 

 

 

 

 

 

 

 

Entertainment and Communications

 

$

1,801.5

 

 

$

1,840.0

 

IT Services and Hardware

 

 

452.3

 

 

 

500.7

 

Corporate and eliminations

 

 

340.4

 

 

 

313.1

 

Total assets

 

$

2,594.2

 

 

$

2,653.8