XML 59 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating revenues      
Service $ 3,594,773 $ 4,098,856 $ 4,053,797
Equipment sales 324,063 353,228 289,549
Total operating revenues 3,918,836 4,452,084 4,343,346
Operating expenses      
System operations (excluding Depreciation, amortization and accretion reported below) 763,435 946,805 929,379
Cost of equipment sold 999,000 935,947 791,802
Selling, general and administrative (including charges from affiliates of $99.2 million, $104.3 million and $104.1 million in 2013, 2012 and 2011) 1,677,395 1,764,933 1,769,701
Depreciation, amortization and accretion 803,781 608,633 573,557
(Gain) loss on asset disposals, net 30,606 18,088 9,889
(Gain) loss on sale of business and other exit costs, net (246,767) 21,022  
(Gain) loss on license sales and exchanges (255,479)   (11,762)
Total operating expenses 3,771,971 4,295,428 4,062,566
Operating income 146,865 156,656 280,780
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 131,949 90,364 83,566
Interest and dividend income 3,961 3,644 3,395
Gain (loss) on investments 18,556 (3,718) 11,373
Interest expense (43,963) (42,393) (65,614)
Other, net 288 500 (678)
Total investment and other income (expense) 110,791 48,397 32,042
Income before income taxes 257,656 205,053 312,822
Income tax expense 113,134 63,977 114,078
Net income 144,522 141,076 198,744
Less: Net income attributable to noncontrolling interests, net of tax 4,484 30,070 23,703
Net income attributable to U.S. Cellular shareholders $ 140,038 $ 111,006 $ 175,041
Basic weighted average shares outstanding 83,968 84,645 84,877
Basic earnings per share attributable to U.S. Cellular shareholders $ 1.67 $ 1.31 $ 2.06
Diluted weighted average shares outstanding 84,730 85,230 85,448
Diluted earnings per share attributable to U.S. Cellular shareholders $ 1.65 $ 1.30 $ 2.05
Special dividend per share to U.S. Cellular shareholders $ 5.75