SEGMENT REPORTING

3 Months Ended

Mar. 31, 2013

SEGMENT REPORTING

SEGMENT REPORTING

9.  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 its assets located in Guyana, iii) Island Wireless, which generates a majority of its revenues in and has a majority of its assets located in Bermuda and which also generates revenues in and has assets located in 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 March 31, 2012
	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	86,683	$	—	$	—		$	—		$	—		$	86,683
Wholesale	47,384		—		—			—			—			47,384
International Wireless	—		6,348		12,552			—			—			18,900
Wireline	144		16,791		—			4,796			—			21,731
Equipment and Other	6,671		432		1,252			34			—			8,389
Total Revenue	140,882		23,571		13,804			4,830			—			183,087
Depreciation and amortization	18,701		4,528		2,786			746			263			27,024
Non-cash stock-based compensation	39		—		—			—			1,037			1,076
Operating income (loss)	18,922		6,235		(1,639		)	(423		)	(4,965		)	18,130
	For the Three Months Ended March 31, 2013
	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	81,282	$	—	$	—		$	—		$	—		$	81,282
Wholesale	40,302		—		—			—			—			40,302
International Wireless	—		6,754		14,676			—			—			21,430
Wireline	152		15,684		—			6,581			(1,853		)	20,564
Equipment and Other	7,768		254		1,218			50						9,290
Total Revenue	129,504		22,692		15,894			6,631			(1,853		)	172,868
Depreciation and amortization	17,816		4,391		2,595			642			358			25,802
Non-cash stock-based compensation	38		—		—			—			806			844
Operating income (loss)	15,017		6,332		1,634			(408		)	(4,806		)	17,769

	Segment Assets
	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
December 31, 2012:
Net fixed assets	$	262,372	$	126,532	$	33,745	$	17,489	$	10,409	$	450,547
Goodwill	32,148		—		5,438		7,491		—		45,077
Total assets	539,008		191,314		77,120		30,888		72,545		910,875
March 31, 2013:
Net fixed assets	$	254,404	$	124,219	$	32,109	$	22,097	$	10,598	$	443,427
Goodwill	32,148		—		5,438		7,491		—		45,077
Total assets	529,410		195,730		79,964		37,760		65,325		908,189

	Capital Expenditures
	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
Three Months Ended March 31,
2012	$	12,547	$	2,561	$	1,430	$	1,859	$	658	$	19,055
2013	10,001		4,120		1,111		5,095		549		20,876