XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 79,601 $ 103,925
Restricted cash 1,096 1,072
Short-term investments 300  
Accounts receivable, net of allowances for credit losses of $13.9 million and $12.1 million, respectively 73,701 44,152
Customer receivable 4,145 1,227
Inventory, materials and supplies 10,177 5,504
Prepayments and other current assets 63,597 49,450
Assets held for sale   34,735
Total current assets 232,617 240,065
Fixed Assets:    
Property, plant and equipment 1,748,092 1,252,780
Less accumulated depreciation (804,883) (716,318)
Net fixed assets 943,209 536,462
Telecommunication licenses, net 113,766 114,083
Goodwill 40,104 60,691
Intangible assets, net 44,294 6,995
Operating lease right-of-use assets 118,843 63,235
Customer receivable - long term 39,652 9,614
Other assets 76,119 52,566
Total assets 1,608,604 1,083,711
Current Liabilities:    
Current portion of long-term debt 4,665 3,750
Current portion of customer receivable credit facility 4,620  
Accounts payable and accrued liabilities 151,463 96,205
Dividends payable 2,672 2,703
Accrued taxes 5,681 7,501
Current portion of lease liabilities 16,201 12,371
Advance payments and deposits 35,642 24,681
Liabilities held for sale   717
Total current liabilities 220,944 147,928
Deferred income taxes 21,460 10,675
Lease liabilities, excluding current portion 91,719 51,082
Other liabilities 142,033 50,617
Customer receivable credit facility, net of current portion 30,148  
Long-term debt, excluding current portion 327,111 69,073
Total liabilities 833,415 329,375
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests 72,936 0
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; 17,476,542 and 17,383,898 shares issued, respectively, 15,712,941 and 15,898,477 shares outstanding, respectively 172 172
Treasury stock, at cost; 1,763,601 and 1,485,421 shares, respectively (71,714) (59,456)
Additional paid-in capital 192,132 187,754
Retained earnings 475,887 516,901
Accumulated other comprehensive income 4,773 278
Total ATN International, Inc. stockholders' equity 601,250 645,649
Noncontrolling interests 101,003 108,687
Total equity 702,253 754,336
Total liabilities, redeemable noncontrolling interests and equity 1,608,604 1,083,711
Redeemable Preferred Units    
Current Liabilities:    
Redeemable noncontrolling interests 50,296 0
Redeemable Common Units    
Current Liabilities:    
Redeemable noncontrolling interests $ 22,640 $ 0