Business Segment (Tables)

9 Months Ended

Sep. 30, 2014


					TDS Telecom
Three Months Ended or as of September 30, 2014			U.S. Cellular		Wireline		Cable		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non-Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Service		$	851,063	$	177,650	$	28,519	$	27,806	$	(980)	$	232,995	$	3,356	$	(5,942)	$	1,081,472
	Equipment and product sales			149,356		425		-		39,737		-		40,162		9,033		-		198,551
		Total operating revenues		1,000,419		178,075		28,519		67,543		(980)		273,157		12,389		(5,942)		1,280,023
Cost of services (excluding Depreciation, amortization and accretion reported below)				199,750		64,072		12,651		19,442		(926)		95,239		3,332		(1,138)		297,183
Cost of equipment and products				307,862		829		-		33,819		-		34,648		6,703		(4)		349,209
Selling, general and administrative				397,545		46,627		9,948		12,724		(54)		69,245		3,022		(4,798)		465,014
Depreciation, amortization and accretion				148,952		41,358		6,171		6,726		-		54,255		725		1,597		205,529
Loss on impairment of assets				-		-		-		84,000		-		84,000		-		-		84,000
(Gain) loss on asset disposals, net				7,947		743		626		(2)		-		1,367		-		(21)		9,293
(Gain) loss on sale of business and other exit costs, net				(10,283)		(2,201)		-		-		-		(2,201)		7,694		-		(4,790)
Operating income (loss)				(51,354)		26,647		(877)		(89,166)		-		(63,396)		(9,087)		(1,578)		(125,415)
Equity in earnings of unconsolidated entities				35,971		2		-		-		-		2		-		108		36,081
Interest and dividend income				3,572		569		(1)		(23)		-		545		1		408		4,526
Interest expense				(13,514)		598		32		(343)		-		287		(964)		(12,979)		(27,170)
Other, net				95		71		-		(86)		-		(15)		(5)		(6)		69
Income (loss) before income taxes				(25,230)		27,887		(846)		(89,618)		-		(62,577)		(10,055)		(14,047)		(111,909)
Add back:
Depreciation, amortization and accretion				148,952		41,358		6,171		6,726		-		54,255		725		1,597		205,529
Loss on impairment of assets				-		-		-		84,000		-		84,000		-		-		84,000
(Gain) loss on sale of business and other exit costs, net				(10,283)		(2,201)		-		-		-		(2,201)		7,694		-		(4,790)
Interest expense				13,514		(598)		(32)		343		-		(287)		964		12,979		27,170
Adjusted income (loss) before income taxes			$	126,953	$	66,446	$	5,293	$	1,451	$	-	$	73,190	$	(672)	$	529	$	200,000

Investments in unconsolidated entities			$	296,900	$	3,804	$	-	$	-	$	-	$	3,804	$	-	$	34,744	$	335,448
Total assets			$	6,257,075	$	1,385,524	$	543,731	$	255,519	$	-	$	2,184,774	$	54,302	$	144,397	$	8,640,548
Capital expenditures			$	142,452	$	34,243	$	7,598	$	9,800	$	-	$	51,641	$	161	$	971	$	195,225

						TDS Telecom

Three Months Ended or as of September 30, 2013			U.S. Cellular		Wireline		Cable		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non-Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Service		$	862,330	$	181,087	$	14,362	$	23,200	$	(346)	$	218,303	$	5,475	$	(6,951)	$	1,079,157
	Equipment and product sales			76,906		713		-		15,527		-		16,240		8,677		-		101,823
		Total operating revenues		939,236		181,800		14,362		38,727		(346)		234,543		14,152		(6,951)		1,180,980
Cost of services (excluding Depreciation, amortization and accretion reported below)				177,431		67,308		6,727		14,369		(322)		88,082		4,051		(2,227)		267,337
Cost of equipment and products				193,392		941		-		13,149		-		14,090		6,466		-		213,948
Selling, general and administrative				410,468		53,254		5,184		10,064		(24)		68,478		3,295		(5,377)		476,864
Depreciation, amortization and accretion				200,985		42,136		2,914		6,255		-		51,305		1,485		1,520		255,295
(Gain) loss on asset disposals, net				1,701		426		-		10		-		436		32		(14)		2,155
(Gain) loss on sale of business and other exit costs, net				(1,534)		-		-		-		-		-		-		-		(1,534)
Operating income (loss)				(43,207)		17,735		(463)		(5,120)		-		12,152		(1,177)		(853)		(33,085)
Equity in earnings of unconsolidated entities				37,360		2		-		-		-		2		-		247		37,609
Interest and dividend income				1,095		331		-		15		-		346		1		1,065		2,507
Gain (loss) on investments				-		830		-		-		-		830		-		(830)		-
Interest expense				(11,329)		794		(32)		(397)		-		365		(1,024)		(12,973)		(24,961)
Other, net				47		(35)		-		111		-		76		4		18		145
Income (loss) before income taxes				(16,034)		19,657		(495)		(5,391)		-		13,771		(2,196)		(13,326)		(17,785)
Add back:
Depreciation, amortization and accretion				200,985		42,136		2,914		6,255		-		51,305		1,485		1,520		255,295
(Gain) loss on sale of business and other exit costs, net				(1,534)		-		-		-		-		-		-		-		(1,534)
Gain (loss) on investments				-		(830)		-		-		-		(830)		-		830		-
Interest expense				11,329		(794)		32		397		-		(365)		1,024		12,973		24,961
Adjusted income (loss) before income taxes			$	194,746	$	60,169	$	2,451	$	1,261	$	-	$	63,881	$	313	$	1,997	$	260,937

Investments in unconsolidated entities			$	309,481	$	3,809	$	-	$	-	$	-	$	3,809	$	-	$	32,121	$	345,411
Total assets			$	6,259,854	$	1,464,208	$	276,943	$	264,675	$	-	$	2,005,826	$	58,697	$	375,323	$	8,699,700
Capital expenditures			$	242,459	$	32,792	$	1,400	$	2,371	$	-	$	36,563	$	203	$	2,023	$	281,248

					TDS Telecom

Nine Months Ended or as of September 30, 2014			U.S. Cellular		Wireline		Cable		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non- Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Service		$	2,548,149	$	534,880	$	73,506	$	82,757	$	(1,959)	$	689,184	$	12,374	$	(15,814)	$	3,233,893
	Equipment and product sales			335,854		1,409		-		115,830		-		117,239		25,391		-		478,484
		Total operating revenues		2,884,003		536,289		73,506		198,587		(1,959)		806,423		37,765		(15,814)		3,712,377
Cost of services (excluding Depreciation, amortization and accretion expense reported below)				567,488		192,777		35,000		57,689		(1,820)		283,646		11,834		(3,339)		859,629
Cost of equipment and products				850,314		1,793		-		98,161		-		99,954		18,603		(4)		968,867
Selling, general and administrative				1,197,361		140,855		22,611		39,935		(139)		203,262		10,285		(11,323)		1,399,585
Depreciation, amortization and accretion				465,042		125,921		15,089		20,195		-		161,205		4,019		4,749		635,015
Loss on impairment of assets				-		-		-		84,000		-		84,000		-		-		84,000
(Gain) loss on asset disposals, net				16,774		1,502		1,116		76		-		2,694		170		(12)		19,626
(Gain) loss on sale of business and other exit costs, net				(27,694)		(2,201)		-		-		-		(2,201)		20,816		-		(9,079)
(Gain) loss on license sales and exchanges				(91,446)		-		-		-		-		-		-		-		(91,446)
Operating income (loss)				(93,836)		75,642		(310)		(101,469)		-		(26,137)		(27,962)		(5,885)		(153,820)
Equity in earnings of unconsolidated entities				106,166		6		-		-		-		6		-		2,026		108,198
Interest and dividend income				6,029		1,744		1		19		-		1,764		1		1,969		9,763
Interest expense				(42,712)		1,939		67		(1,203)		-		803		(3,182)		(38,684)		(83,775)
Other, net				281		(78)		-		93		-		15		(11)		(6)		279
Income (loss) before income taxes				(24,072)		79,253		(242)		(102,560)		-		(23,549)		(31,154)		(40,580)		(119,355)
Add back:
Depreciation, amortization and accretion				465,042		125,921		15,089		20,195		-		161,205		4,019		4,749		635,015
Loss on impairment of assets				-		-		-		84,000		-		84,000		-		-		84,000
(Gain) loss on sale of business and other exit costs, net				(27,694)		(2,201)		-		-		-		(2,201)		20,816		-		(9,079)
(Gain) loss on license sales and exchanges				(91,446)		-		-		-		-		-		-		-		(91,446)
Interest expense				42,712		(1,939)		(67)		1,203		-		(803)		3,182		38,684		83,775
Adjusted income (loss) before income taxes			$	364,542	$	201,034	$	14,780	$	2,838	$	-	$	218,652	$	(3,137)	$	2,853	$	582,910

Investments in unconsolidated entities			$	296,900	$	3,804	$	-	$	-	$	-	$	3,804	$	-	$	34,744	$	335,448
Total assets			$	6,257,075	$	1,385,524	$	543,731	$	255,519	$	-	$	2,184,774	$	54,302	$	144,397	$	8,640,548
Capital expenditures			$	375,960	$	84,511	$	20,998	$	23,179	$	-	$	128,688	$	629	$	3,227	$	508,504

					TDS Telecom
Nine Months Ended or as of September 30, 2013			U.S. Cellular		Wireline		Cable		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non- Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Services		$	2,769,645	$	543,193		14,362	$	68,405	$	(531)	$	625,429	$	15,064	$	(16,418)	$	3,393,720
	Equipment and product sales			246,467		2,375		-		47,260		-		49,635		27,897		-		323,999
		Total operating revenues		3,016,112		545,568		14,362		115,665		(531)		675,064		42,961		(16,418)		3,717,719
Cost of services (excluding Depreciation, amortization and accretion expense reported below)				585,997		199,476		6,727		43,042		(507)		248,738		10,497		(2,931)		842,301
Cost of equipment and products				652,153		3,045		-		39,475		-		42,520		19,934		-		714,607
Selling, general and administrative				1,234,675		167,326		5,184		29,346		(24)		201,832		10,767		(12,787)		1,434,487
Depreciation, amortization and accretion				593,410		129,352		2,914		17,286		-		149,552		4,494		4,119		751,575
(Gain) loss on asset disposals, net				16,153		(176)		-		123		-		(53)		32		(42)		16,090
(Gain) loss on sale of business and other exit costs, net				(243,627)		-		-		-		-		-		-		(54,010)		(297,637)
Operating income (loss)				177,351		46,545		(463)		(13,607)		-		32,475		(2,763)		49,233		256,296
Equity in earnings of unconsolidated entities				99,797		16		-		-		-		16		-		490		100,303
Interest and dividend income				2,967		1,263		-		47		-		1,310		3		2,405		6,685
Gain (loss) on investments				18,527		830		-		-		-		830		-		(4,839)		14,518
Interest expense				(32,393)		2,420		(32)		(1,205)		-		1,183		(3,007)		(38,991)		(73,208)
Other, net				153		(213)		-		(11)		-		(224)		(153)		18		(206)
Income (loss) before income taxes				266,402		50,861		(495)		(14,776)		-		35,590		(5,920)		8,316		304,388
Add back:
Depreciation, amortization and accretion				593,410		129,352		2,914		17,286		-		149,552		4,494		4,119		751,575
(Gain) loss on sale of business and other exit costs, net				(243,627)		-		-		-		-		-		-		(54,010)		(297,637)
Gain (loss) on investments				(18,527)		(830)		-		-		-		(830)		-		4,839		(14,518)
Interest expense				32,393		(2,420)		32		1,205		-		(1,183)		3,007		38,991		73,208
Adjusted income before income taxes			$	630,051	$	176,963	$	2,451	$	3,715	$	-	$	183,129	$	1,581	$	2,255	$	817,016

Investments in unconsolidated entities			$	309,481	$	3,809	$	-	$	-	$	-	$	3,809	$	-	$	32,121	$	345,411
Total assets			$	6,259,854	$	1,464,208	$	276,943	$	264,675	$	-	$	2,005,826	$	58,697	$	375,323	$	8,699,700
Capital expenditures			$	529,366	$	93,998	$	1,400	$	7,220	$	-	$	102,618	$	720	$	4,724	$	637,428

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details