SEGMENT REPORTING

12 Months Ended

Dec. 31, 2020

SEGMENT REPORTING

SEGMENT REPORTING

15. SEGMENT REPORTING

Through December 31, 2020, the Company has the following three reportable and operating segments: i) US Telecom, ii) International Telecom, and iii) Renewable Energy.

The following tables provide information for each operating segment (in thousands):

For the Year Ended December 31, 2020
	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
Revenue
Communication Services
Mobility	$	83,136	$	9,626	$	—	$	—	$	92,762
Fixed		230,375		22,269		—		—		252,644
Carrier Services		7,120		79,448		—		—		86,568
Other		1,535		—		—		—		1,535
Total Communication Services Revenue		322,166		111,343		—		—		433,509
Other
Renewable Energy		—		—		4,555		—		4,555
Managed Services		6,467		—		—		—		6,467
Construction		—		10,913		—		—		10,913
Total Other Revenue		6,467		10,913		4,555		—		21,935
Total Revenue		328,633		122,256		4,555		—		455,444
Depreciation and amortization		56,284		23,325		2,216		6,486		88,311
Non-cash stock-based compensation		49		15		262		5,586		5,912
Operating income (loss)		58,064		7,388		(23,749)		(32,523)		9,180

For the Year Ended December 31, 2019
	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
Revenue
Communication Services
Mobility	$	84,560	$	10,532	$	—	$	—	$	95,092
Fixed		224,534		14,211		—		—		238,745
Carrier Services		9,070		83,906		—		—		92,976
Other		1,295		—		—		—		1,295
Total Communication Services Revenue		319,459		108,649		—		—		428,108
Other
Renewable Energy		—		—		5,534		—		5,534
Managed Services		5,080		—		—				5,080
Total Other Revenue		5,080		—		5,534		—		10,614
Total Revenue		324,539		108,649		5,534		—		438,722
Depreciation and amortization		55,993		23,119		3,305		6,708		89,125
Non-cash stock-based compensation		405		—		87		5,892		6,384
Operating income (loss)		46,921		8,064		(7,243)		(34,365)		13,377

For the Year Ended December 31, 2018
	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
Revenue
Communication Services
Mobility	$	85,152	$	11,759	$	—	$	—	$	96,911
Fixed		213,765		7,860		—		—		221,625
Carrier Services		8,846		95,861		—		—		104,707
Other		2,080		—		—		—		2,080
Total Communication Services Revenue		309,843		115,480		—		—		425,323
Other
Renewable Energy		—		—		22,158		—		22,158
Managed Services		3,726		—		—		—		3,726
Total Other Revenue		3,726		—		22,158		—		25,884
Total Revenue		313,569		115,480		22,158		—		451,207
Depreciation and amortization		48,889		24,615		6,589		5,626		85,719
Non-cash stock-based compensation		88		—		105		6,227		6,420
Operating income (loss)		45,022		36,813		13,440		(34,252)		61,023

	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
December 31, 2020
Cash, Cash equivalents, and Investments	$	45,848	$	26,921	$	4,311	$	26,845	$	103,925
Total current assets		107,315		65,806		39,057		27,887		240,065
Fixed assets, net		449,888		73,717		—		12,857		536,462
Goodwill		25,421		35,270		—		—		60,691
Total assets		642,834		265,797		39,045		136,035		1,083,711
Total current liabilities		80,875		43,200		1,038		22,815		147,928
Total debt		72,823		—		—		—		72,823
December 31, 2019
Cash, Cash equivalents, and Investments	$	43,125	$	38,240	$	25,054	$	55,284	$	161,703
Total current assets		91,497		54,207		27,534		55,485		228,723
Fixed assets, net		466,523		69,184		48,421		21,453		605,581
Goodwill		25,421		35,270		—		—		60,691
Total assets		647,228		222,356		76,723		184,419		1,130,726
Total current liabilities		77,644		24,905		2,745		14,375		119,669
Total debt		86,426		—		—		—		86,426

	Capital Expenditures
		International		US		Renewable		Corporate and
Year ended December 31,		Telecom		Telecom		Energy		Other (1)		Consolidated
2020	$	38,895	$	29,883	$	2,932	$	3,613	$	75,323
2019		42,029		17,490		6,448		6,758		72,725

(1) Reconciling items refer to corporate overhead expenses and consolidating adjustments.

The table below identifies the Company’s revenues and long-lived assets by geographic location. The Company attributes revenue to geographic location based on location of the customer (in thousands):

	2020				2019				2018
			Long-Lived				Long-Lived				Long-Lived
	Revenues		Assets		Revenues		Assets		Revenues		Assets
US	$	122,256	$	308,138	$	123,508	$	297,084	$	132,288	$	234,514
Guyana		103,071		141,487		105,290		145,079		102,056		151,084
US Virgin Islands		90,368		230,630		83,795		235,384		79,785		216,173
Bermuda		103,471		116,346		104,760		128,208		103,281		137,992
Other Foreign Countries		36,278		47,045		21,369		96,247		33,797		91,775
	$	455,444	$	843,647	$	438,722	$	902,002	$	451,207	$	831,538