SEGMENT REPORTING

9 Months Ended

Sep. 30, 2012

SEGMENT REPORTING

SEGMENT REPORTING

10. SEGMENT REPORTING

The Company has four reportable segments for separate disclosure in accordance with the FASB’s authoritative guidance on disclosures about segments of an enterprise. Those four segments are: i) U.S. Wireless, which generates all of its revenues in and has all of its assets located in the United States, ii) International Integrated Telephony, which generates all of its revenues in and has all of its assets located in Guyana, iii) Island Wireless, which generates all of its revenues in and has all of its assets located in Bermuda, the U.S. Virgin Islands, Aruba and Turks and Caicos and iv) U.S. Wireline, which generates all of its revenues in and has all of its assets located in the United States. The operating segments are managed separately because each offers different services and serves different markets.

The following tables provide information for each operating segment (in thousands):

	For the Three Months Ended September 30, 2011
	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	89,143	$	—	$	—		$	—		$	—		$	89,143
Wholesale	57,048		—		—			—			—			57,048
International Wireless	—		6,695		13,682			—			—			20,377
Wireline	139		16,638		—			4,971			—			21,748
Equipment and Other	4,428		71		1,531			—			—			6,030
Total Revenue	150,758		23,404		15,213			4,971			—			194,346
Depreciation and amortization	18,417		4,506		2,748			797			244			26,712
Non-cash stock-based compensation	58		—		—			—			712			770
Operating income (loss)	26,840		6,771		(1,186		)	(111		)	(4,668		)	27,646

	For the Nine Months Ended September 30, 2011
	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	284,221	$	—	$	—		$	—		$	—		$	284,221
Wholesale	153,615		—		—			—			—			153,615
International Wireless	—		20,326		32,548			—			—			52,874
Wireline	416		47,814		—			15,075			—			63,305
Equipment and Other	17,859		264		4,115			—			—			22,238
Total Revenue	456,111		68,404		36,663			15,075			—			576,253
Depreciation and amortization	53,188		13,610		7,071			2,374			660			76,903
Non-cash stock-based compensation	425		—		—			—			2,235			2,660
Operating income (loss)	43,775		19,655		(5,289		)	(100		)	(13,728		)	44,313

	For the Three Months Ended September 30, 2012
	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	83,269	$	—	$	—	$	—		$	—		$	83,269
Wholesale	54,918		—		—		—			—			54,918
International Wireless	—		6,838		14,210		—			—			21,048
Wireline	152		16,128		—		5,043			(203		)	21,120
Equipment and Other	6,632		377		1,434		—			—			8,443
Total Revenue	144,971		23,343		15,644		5,043			(203		)	188,798
Depreciation and amortization	17,754		4,602		2,875		697			120			26,048
Non-cash stock-based compensation	62		—		—		—			774			836
Operating income (loss)	28,394		6,401		1,061		(566		)	(5,660		)	29,630

	For the Nine Months Ended September 30, 2012
	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	254,081	$	—	$	—		$	—		$	—		$	254,081
Wholesale	153,854		—		—			—			—			153,854
International Wireless	—		19,891		40,427			—			—			60,318
Wireline	450		48,692		—			14,634			(203		)	63,573
Equipment and Other	19,950		1,334		3,871			—			—			25,155
Total Revenue	428,335		69,917		44,298			14,634			(203		)	556,981
Depreciation and amortization	54,780		16,921		8,444			2,135			(2,626		)	79,654
Non-cash stock-based compensation	159		—		—			—			2,585			2,744
Operating income (loss)	71,294		16,973		(263		)	(1,655		)	(15,485		)	70,864

	Segment Assets
	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
December 31, 2011:
Net fixed assets	$	296,279	$	129,069	$	40,446	$	9,126	$	8,283	$	483,203
Goodwill	32,148		—		5,438		7,491		—		45,077
Total assets	544,388		171,676		84,057		22,790		50,820		873,731
September 30, 2012:
Net fixed assets	$	265,411	121,579		35,572		14,522		10,342		447,426
Goodwill	32,148		—		5,438		7,491		—		45,077
Total assets	532,506		181,355		82,354		31,800		78,484		906,499

	Capital Expenditures
	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
Nine Months Ended September 30,
2011	$	43,532	$	12,697	$	5,812	$	1,805	$	2,004	$	65,850
2012	$	29,446	$	7,362	$	3,915	$	7,280	$	2,502	$	50,505