EQUITY

3 Months Ended

Mar. 31, 2017

EQUITY

EQUITY

8. EQUITY

Stockholders’ equity was as follows (in thousands):

	Three months ended March 31,
	2017						2016
	ATN		Non-Controlling				ATN		Non-Controlling		Total
	International, Inc.		Interests		Total Equity		International, Inc.		Interests		Equity
Equity, beginning of period	$	677,055	$	132,114	$	809,169	$	680,299	$	81,425	$	761,724
Stock-based compensation		1,666		—		1,666		1,728		—		1,728
Comprehensive income:		0		0						0
Net income		6,859		4,725		11,584		6,120		4,678		10,798
Pension		513		—		513		—		—		—
Reclassifications of gains on sale of marketable securities to net income		(289)		—		(289)		—		—		—
Unrealized loss on marketable securities		(41)		—		(41)		—		—		—
Foreign Currency translation adjustment		1,930		—		1,930		3		—		3
Total comprehensive income		8,972		4,725		13,697		6,123		4,678		10,801
Issuance of common stock upon exercise of stock options		95		—		95		582		—		582
Dividends declared on common stock		(5,460)		—		(5,460)		(5,166)		—		(5,166)
Distributions to non-controlling interests		—		(2,888)		(2,888)		—		(3,090)		(3,090)
Investments made by non-controlling interests		—		69		69		—		—		—
Loss on deconsolidation of subsidiary		—		529		529		—		—		—
Change in accounting method- adoption of ASC 2016-09		110		—		110		—		—		—
Repurchase of non-controlling interests		(670)		(149)		(819)		—		—		—
Purchase of treasury stock		(2,215)		—		(2,215)		(2,348)		—		(2,348)
Equity, end of period	$	679,553	$	134,400	$	813,953	$	681,218	$	83,013	$	764,231