XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 171,483 $ 191,836
Restricted cash 1,071 1,071
Short-term investments 5,280 393
Accounts receivable, net of allowances of $16.7 million and $16.5 million, respectively 46,161 38,305
Inventory, materials and supplies 6,239 6,305
Prepayments and other current assets 30,910 37,855
Total current assets 261,144 275,765
Fixed Assets:    
Property, plant and equipment 1,201,404 1,188,916
Less accumulated depreciation (581,606) (562,064)
Net fixed assets 619,798 626,852
Telecommunication licenses, net 93,686 93,686
Goodwill 63,970 63,970
Customer relationships, net 8,783 9,323
Operating lease right-of-use assets 68,185  
Other assets 47,264 37,708
Total assets 1,162,830 1,107,304
Current Liabilities:    
Current portion of long-term debt 4,688 4,688
Accounts payable and accrued liabilities 72,394 80,873
Dividends payable 2,719 2,720
Accrued taxes 32,099 31,795
Current portion of operating lease liabilities 8,351  
Advance payments and deposits 21,066 20,574
Total current liabilities 141,317 140,650
Deferred income taxes 8,362 10,276
Operating lease liabilities 58,835  
Other liabilities 48,952 46,760
Long-term debt, excluding current portion 85,380 86,294
Total liabilities 342,846 283,980
Commitments and contingencies (Note 15)
ATN International, Inc. Stockholders’ Equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.01 par value per share; 50,000,000 shares authorized; 17,294,690 and 17,274,215 shares issued, respectively, 15,993,920 and 16,002,699 shares outstanding respectively 172 172
Treasury stock, at cost; 1,300,770 and 1,271,516 shares, respectively (50,116) (48,547)
Additional paid-in capital 183,079 181,778
Retained earnings 559,319 563,593
Accumulated other comprehensive income (1,433) (1,609)
Total ATN International, Inc. stockholders’ equity 691,021 695,387
Non-controlling interests 128,963 127,937
Total equity 819,984 823,324
Total liabilities and equity $ 1,162,830 $ 1,107,304