EQUITY (Tables)

9 Months Ended

Sep. 30, 2014

EQUITY

Schedule of stockholders' equity

Total equity was as follows (in thousands):

	Nine Months Ended September 30,
	2013									2014
	Atlantic Tele- Network, Inc.			Non-Controlling Interests			Total Equity			Atlantic Tele- Network, Inc.			Non-Controlling Interests			Total Equity
Equity, beginning of period	$	334,146		$	60,094		$	394,240		$	643,330		$	56,525		$	699,855
Stock-based compensation	3,419			—			3,419			3,381			—			3,381
Comprehensive income:
Net income	293,859			35,234			329,093			35,520			8,116			43,636
Other comprehensive income-Gain on interest rate swap (net of tax)	6,985			—			6,985			—			—			—
Total comprehensive income	300,844			35,234			336,078			35,520			8,116			43,636
Issuance of common stock upon exercise of stock options	6,778			—			6,778			1,106						1,106
Dividends declared on common stock	(11,982		)	—			(11,982		)	(13,218		)	—			(13,218		)
Distributions to non-controlling interests	—			(5,532		)	(5,532		)	—			(7,932		)	(7,932		)
Investments made by non-controlling interests	—			135			135			—			—			—
Sale of non-controlling interests	—			(13,634		)	(13,634		)	—			(59		)	(59		)
Purchase of treasury stock	(6,615		)	—			(6,615		)	(1,850		)	—			(1,850		)
Equity, end of period	$	626,590		$	76,297		$	702,887		$	668,269		$	56,650		$	724,919