Segment Reporting

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

The expected divestiture of our Wireless operations represents a strategic shift in the Company’s business and qualifies as a discontinued operation. As a result, the operating results and cash flows related to the Wireless segment have been reflected as discontinued operations in our Consolidated Statements of Comprehensive Income and the Consolidated Statements of Cash Flows.

Similarly, the results of our Wireless operations are no longer presented as a reporting segment. Consistent with the internal reporting provided to our chief operating decision maker, we previously allocated certain corporate management overhead costs to the former Wireless segment which may no longer be allocated to discontinued operations under the relevant authoritative guidance. Accordingly, we have recast our reporting of the remaining segments to reflect the reattribution of these expenses in all presented periods in a manner consistent with our updated internal reporting. The tables below reflect the results of operations of the Company's reportable segments in continuing operations, consistent with internal reporting used by the Company.

Year ended December 31, 2020:

(in thousands)	Broadband		Tower		Corporate & Eliminations		Consolidated
External revenue
Residential & SMB	$	154,956	$	—	$	—	$	154,956
Commercial Fiber	24,431		—		—		24,431
RLEC & Other	15,971		—		—		15,971
Tower lease	—		7,402		—		7,402
Service revenue and other	195,358		7,402		—		202,760
Revenue for service provided to the discontinued Wireless operations	8,989		9,653		(627)		18,015
Total revenue	204,347		17,055		(627)		220,775
Operating expenses
Cost of services	83,439		4,896		(132)		88,203
Selling, general and administrative	39,472		1,430		44,114		85,016
Depreciation and amortization	41,076		1,906		5,721		48,703
Total operating expenses	163,987		8,232		49,703		221,922
Operating income (loss)	$	40,360	$	8,823	$	(50,330)	$	(1,147)
Capital expenditures	$	117,246	$	2,001	$	1,203	$	120,450

Year ended December 31, 2019: 

(in thousands)	Broadband		Tower		Corporate & Eliminations		Consolidated
External revenue
Residential & SMB	$	142,290	$	—	$	—	$	142,290
Commercial Fiber	23,004		—		—		23,004
RLEC & Other	18,257		—		—		18,257
Tower lease	—		6,965		—		6,965
Service revenue and other	183,551		6,965		—		190,516
Revenue for service provided to the discontinued Wireless operations	10,392		6,020		(66)		16,346
Total revenue	193,943		12,985		(66)		206,862
Operating expenses
Cost of services	79,235		3,777		(63)		82,949
Selling, general and administrative	33,545		937		43,364		77,846
Depreciation and amortization	38,566		1,976		6,244		46,786
Total operating expenses	151,346		6,690		49,545		207,581
Operating income (loss)	$	42,597	$	6,295	$	(49,611)	$	(719)
Capital expenditures	$	60,627	$	921	$	5,500	$	67,048

Year ended December 31, 2018:

(in thousands)	Broadband		Tower		Corporate & Eliminations		Consolidated
External revenue
Residential & SMB	$	131,512	$	—	$	—	$	131,512
Commercial Fiber	22,090		—		—		22,090
RLEC & Other	19,612		—		—		19,612
Tower lease	—		7,180		—		7,180
Service revenue and other	173,214		7,180		—		180,394
Revenue for service provided to the discontinued Wireless operations	9,906		5,016		(2,633)		12,289
Total revenue	183,120		12,196		(2,633)		192,683
Operating expenses
Cost of services	76,731		3,687		—		80,418
Selling, general and administrative	28,103		704		42,037		70,844
Depreciation and amortization	35,992		2,406		5,992		44,390
Total operating expenses	140,826		6,797		48,029		195,652
Operating income (loss)	$	42,294	$	5,399	$	(50,662)	$	(2,969)
Capital expenditures	$	43,197	$	6,145	$	7,289	$	56,631

A reconciliation of the total of the reportable segments’ operating income to consolidated income before taxes is as follows:

	Years Ended December 31,
(in thousands)	2020		2019		2018
Total consolidated operating loss	$	(1,147)	$	(719)	$	(2,969)
Other income, net	3,187		3,280		3,703
Income from continuing operations before income taxes	$	2,040	$	2,561	$	734

The Company’s CODM does not currently review total assets by segment since the assets are centrally managed and some of the assets are shared by the segments, accordingly total assets by segment are not provided.