XML 18 R7.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Shareholders' Deficit - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Class A Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss, Net [Member]
Total
BALANCE at Dec. 31, 2021 $ 1,089 $ 2,681,347 $ (7,203,531) $ (762,309) $ (5,283,404)
BALANCE, Shares at Dec. 31, 2021 108,956        
Net income attributable to SBA Communications Corporation     358,150   358,150
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 3 23,797     23,800
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 308        
Non-cash stock compensation   75,566     75,566
Adjustments related to interest rate swaps       162,491 162,491
Repurchase and retirement of common stock $ (12)   (431,654)   (431,666)
Repurchase and retirement of common stock, Shares (1,300)        
Foreign currency translation adjustments attributable to SBA Communications Corporation       (14,076) (14,076)
Dividends and dividend equivalents on common stock     (231,196)   (231,196)
Adjustment to redemption amount related to noncontrolling interests   (24,495)     (24,495)
BALANCE at Sep. 30, 2022 $ 1,080 2,756,215 (7,508,231) (613,894) (5,364,830)
BALANCE, Shares at Sep. 30, 2022 107,964        
BALANCE at Jun. 30, 2022 $ 1,079 2,717,963 (7,531,180) (626,473) (5,438,611)
BALANCE, Shares at Jun. 30, 2022 107,872        
Net income attributable to SBA Communications Corporation     100,009   100,009
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 1 13,221     13,222
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 92        
Non-cash stock compensation   26,017     26,017
Adjustments related to interest rate swaps       53,336 53,336
Foreign currency translation adjustments attributable to SBA Communications Corporation       (40,757) (40,757)
Dividends and dividend equivalents on common stock     (77,060)   (77,060)
Adjustment to redemption amount related to noncontrolling interests   (986)     (986)
BALANCE at Sep. 30, 2022 $ 1,080 2,756,215 (7,508,231) (613,894) (5,364,830)
BALANCE, Shares at Sep. 30, 2022 107,964        
BALANCE at Dec. 31, 2022 $ 1,080 2,795,176 (7,482,061) (590,510) $ (5,276,315)
BALANCE, Shares at Dec. 31, 2022 107,997       107,997
Net income attributable to SBA Communications Corporation     392,284   $ 392,284
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 4 (6,418)     (6,414)
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 395        
Non-cash stock compensation   67,113     67,113
Adjustments related to interest rate swaps       (16,561) (16,561)
Repurchase and retirement of common stock $ (3)   (53,649)   (53,652)
Repurchase and retirement of common stock, Shares (272)        
Foreign currency translation adjustments attributable to SBA Communications Corporation       12,766 12,766
Dividends and dividend equivalents on common stock     (278,299)   (278,299)
Adjustment to redemption amount related to noncontrolling interests   (7,408)     (7,408)
BALANCE at Sep. 30, 2023 $ 1,081 2,848,463 (7,421,725) (594,305) $ (5,166,486)
BALANCE, Shares at Sep. 30, 2023 108,120       108,120
BALANCE at Jun. 30, 2023 $ 1,084 2,824,994 (7,362,838) (555,570) $ (5,092,330)
BALANCE, Shares at Jun. 30, 2023 108,381        
Net income attributable to SBA Communications Corporation     87,419   87,419
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements   1,655     1,655
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 11        
Non-cash stock compensation   21,787     21,787
Adjustments related to interest rate swaps       (9,489) (9,489)
Repurchase and retirement of common stock $ (3)   (53,649)   (53,652)
Repurchase and retirement of common stock, Shares (272)        
Foreign currency translation adjustments attributable to SBA Communications Corporation       (29,246) (29,246)
Dividends and dividend equivalents on common stock     (92,657)   (92,657)
Adjustment to redemption amount related to noncontrolling interests   27     27
BALANCE at Sep. 30, 2023 $ 1,081 $ 2,848,463 $ (7,421,725) $ (594,305) $ (5,166,486)
BALANCE, Shares at Sep. 30, 2023 108,120       108,120