XML 70 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statement Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating revenues      
Service $ 3,397,937us-gaap_SalesRevenueServicesNet $ 3,594,773us-gaap_SalesRevenueServicesNet $ 4,098,856us-gaap_SalesRevenueServicesNet
Equipment sales 494,810us-gaap_SalesRevenueGoodsNet 324,063us-gaap_SalesRevenueGoodsNet 353,228us-gaap_SalesRevenueGoodsNet
Total operating revenues 3,892,747us-gaap_Revenues 3,918,836us-gaap_Revenues 4,452,084us-gaap_Revenues
Operating expenses      
System operations (excluding Depreciation, amortization and accretion reported below) 769,911us-gaap_CostOfServices 763,435us-gaap_CostOfServices 946,805us-gaap_CostOfServices
Cost of equipment sold 1,192,669us-gaap_CostOfGoodsSold 999,000us-gaap_CostOfGoodsSold 935,947us-gaap_CostOfGoodsSold
Selling, general and administrative (including charges from affiliates of $91.1 million, $99.2 million and $104.3 million in 2014, 2013 and 2012) 1,591,914us-gaap_SellingGeneralAndAdministrativeExpense 1,677,395us-gaap_SellingGeneralAndAdministrativeExpense 1,764,933us-gaap_SellingGeneralAndAdministrativeExpense
Depreciation, amortization and accretion 605,997us-gaap_DepreciationAmortizationAndAccretionNet 803,781us-gaap_DepreciationAmortizationAndAccretionNet 608,633us-gaap_DepreciationAmortizationAndAccretionNet
(Gain) loss on asset disposals, net 21,469us-gaap_GainLossOnSaleOfPropertyPlantEquipment 30,606us-gaap_GainLossOnSaleOfPropertyPlantEquipment 18,088us-gaap_GainLossOnSaleOfPropertyPlantEquipment
(Gain) loss on sale of business and other exit costs, net (32,830)us-gaap_GainLossOnSaleOfBusiness (246,767)us-gaap_GainLossOnSaleOfBusiness 21,022us-gaap_GainLossOnSaleOfBusiness
(Gain) loss on license sales and exchanges (112,993)usm_GainLossOnLicenseSalesAndExchanges (255,479)usm_GainLossOnLicenseSalesAndExchanges  
Total operating expenses 4,036,137us-gaap_OperatingExpenses 3,771,971us-gaap_OperatingExpenses 4,295,428us-gaap_OperatingExpenses
Operating income (loss) (143,390)us-gaap_OperatingIncomeLoss 146,865us-gaap_OperatingIncomeLoss 156,656us-gaap_OperatingIncomeLoss
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 129,764us-gaap_IncomeLossFromEquityMethodInvestments 131,949us-gaap_IncomeLossFromEquityMethodInvestments 90,364us-gaap_IncomeLossFromEquityMethodInvestments
Interest and dividend income 12,148us-gaap_InvestmentIncomeInterestAndDividend 3,961us-gaap_InvestmentIncomeInterestAndDividend 3,644us-gaap_InvestmentIncomeInterestAndDividend
Gain (loss) on investments   18,556us-gaap_GainLossOnInvestments (3,718)us-gaap_GainLossOnInvestments
Interest expense (57,386)us-gaap_InterestExpense (43,963)us-gaap_InterestExpense (42,393)us-gaap_InterestExpense
Other, net 160us-gaap_OtherNonoperatingIncomeExpense 288us-gaap_OtherNonoperatingIncomeExpense 500us-gaap_OtherNonoperatingIncomeExpense
Total investment and other income (expense) 84,686us-gaap_NonoperatingIncomeExpense 110,791us-gaap_NonoperatingIncomeExpense 48,397us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes (58,704)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 257,656us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 205,053us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (benefit) (11,782)us-gaap_IncomeTaxExpenseBenefit 113,134us-gaap_IncomeTaxExpenseBenefit 63,977us-gaap_IncomeTaxExpenseBenefit
Net income (loss) (46,922)us-gaap_ProfitLoss 144,522us-gaap_ProfitLoss 141,076us-gaap_ProfitLoss
Less: Net income (loss) attributable to noncontrolling interests, net of tax (4,110)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4,484us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 30,070us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to U.S. Cellular shareholders $ (42,812)us-gaap_NetIncomeLoss $ 140,038us-gaap_NetIncomeLoss $ 111,006us-gaap_NetIncomeLoss
Basic weighted average shares outstanding 84,213us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 83,968us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 84,645us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Basic earnings (loss) per share attributable to U.S. Cellular shareholders $ (0.51)us-gaap_EarningsPerShareBasic $ 1.67us-gaap_EarningsPerShareBasic $ 1.31us-gaap_EarningsPerShareBasic
Diluted weighted average shares outstanding 84,213us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 84,730us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 85,230us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Diluted earnings (loss) per share attributable to U.S. Cellular shareholders $ (0.51)us-gaap_EarningsPerShareDiluted $ 1.65us-gaap_EarningsPerShareDiluted $ 1.30us-gaap_EarningsPerShareDiluted
Special dividend per share to U.S. Cellular shareholders   $ 5.75us-gaap_CommonStockDividendsPerShareDeclared