Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued Operations

Schedule of discontinued operations - assets and liabilities, components of income, revenue by service offering and non-cash items and capital expenditure

The following table presents information regarding certain components of income from discontinued operations:

	Three months ended		Six months ended
	June 30,		June 30,
	2021		2021
	(in millions)
Revenue	$	105.4	$	210.2
Costs and expenses:
Operating (excluding depreciation and amortization)		37.6		77.2
Selling, general and administrative		2.8		5.5
Depreciation and amortization		20.5		41.0
		60.9		123.7
Income from operations		44.5		86.5
Other income:
Interest income		0.4		0.4
Gain on sale of assets, net		0.2		0.2
Other income, net		0.1		0.1
Income from discontinued operations before provision for income tax		45.2		87.2
Income tax expense		(10.3)		(20.0)
Income from discontinued operations	$	34.9	$	67.2

The following table presents revenue by service offering from discontinued operations:

	Three months ended		Six months ended
	June 30,		June 30,
	2021		2021
	(in millions)
Residential subscription
HSD	$	51.8	$	102.1
Video		35.5		71.5
Telephony		3.9		7.9
Total Residential subscription	$	91.2	$	181.5
Business subscription
HSD	$	5.9	$	11.7
Video		0.9		1.8
Telephony		2.8		5.6
Total business subscription	$	9.6	$	19.1
Total subscription services revenue		100.8		200.6
Other business services revenue		0.4		1.0
Other revenue		4.2		8.6
Total revenue	$	105.4	$	210.2

The following table presents specified items of cash flow and significant non-cash items of discontinued operations:

	Six months ended
	June 30,
	2021
	(in millions)
Specified items of cash flow:
Capital expenditures	$	29.8
Non-cash operating activities:
Operating lease additions	$	0.7
Non-cash investing activities:
Capital expenditure accounts payable and accruals	$	4.8