XML 86 R29.htm IDEA: XBRL DOCUMENT

QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2019

18. QUARTERLY FINANCIAL DATA (UNAUDITED)

Following is a summary of the Company’s quarterly results of operations for the years ended December 31, 2019 and 2018 (in thousands):


	2019 Consolidated for the Three Months Ended
	March 31		June 30		September 30		December 31
Total revenue	$	103,300	$	107,721	$	115,616	$	112,085
Operating expenses		101,186		104,967		105,368		113,824
Income (loss) from operations		2,114		2,754		10,248		(1,739)
Other income (expense), net		(166)		(1,001)		(3,570)		(2,568)
Income (loss) from continuing operations before income taxes		1,948		1,753		6,678		(4,307)
Income taxes		1,213		(274)		1,834		1,332
Net income (loss)		735		2,027		4,844		(5,639)
Net income attributable to non-controlling interests, net of tax		(2,316)		(2,883)		(3,459)		(4,115)
Net income (loss) attributable to ATN International, Inc. stockholders	$	(1,581)	$	(856)	$	1,385	$	(9,754)
Net income (loss) per weighted average share attributable to ATN International, Inc. stockholders
Basic	$	(0.10)	$	(0.05)	$	0.09	$	(0.62)
Diluted	$	(0.10)	$	(0.05)	$	0.09	$	(0.62)


	2018 Consolidated for the Three Months Ended
	March 31		June 30		September 30		December 31
Total revenue	$	104,475	$	117,788	$	121,138	$	107,806
Operating expenses		100,266		102,035		90,395		97,488
Income from operations		4,209		15,753		30,743		10,318
Other income (expense), net		(2,591)		(2,885)		(2,823)		1,018
Income from continuing operations before income taxes		1,618		12,868		27,920		11,336
Income taxes		3,921		2,088		7,010		5,851
Net income (loss)		(2,303)		10,780		20,910		5,485
Net income attributable to non-controlling interests, net of tax		(3,252)		(3,564)		(3,887)		(4,354)
Net income (loss) attributable to ATN International, Inc. stockholders	$	(5,555)	$	7,216	$	17,023	$	1,131
Net income (loss) per weighted average share attributable to ATN International, Inc. stockholders
Basic	$	(0.35)	$	0.45	$	1.07	$	0.07
Diluted	$	(0.35)	$	0.45	$	1.07	$	0.07