SEGMENT REPORTING

3 Months Ended

Mar. 31, 2020

SEGMENT REPORTING

SEGMENT REPORTING

13. SEGMENT REPORTING

The Company has the following three reportable and operating segments: i) International Telecom, ii) US Telecom, and iii) Renewable Energy.

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

For the Three Months Ended March 31, 2020
	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
Revenue
Communication Services
Mobility	$	19,667	$	4,125	$	—	$	—	$	23,792
Fixed		58,149		3,103		—		—		61,252
Carrier Services		2,573		20,063		—		—		22,636
Other		216		—		—		—		216
Total Communication Services Revenue		80,605		27,291		—		—		107,896
Other
Renewable Energy		—		—		1,322		—		1,322
Managed Services		1,679		8		—		—		1,687
Total Other Revenue		1,679		8		1,322		—		3,009
Total Revenue		82,284		27,299		1,322		—		110,905
Depreciation and amortization		14,315		5,886		614		1,703		22,518
Non-cash stock-based compensation		(37)		—		—		1,197		1,160
Operating income (loss)		13,477		2,193		(456)		(7,915)		7,299

For the Three Months Ended March 31, 2019
	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
Revenue
Communication Services
Mobility	$	19,755	$	3,909	$	—	$	—	$	23,664
Fixed		56,694		763		—		—		57,457
Carrier Services		2,471		16,686		—		—		19,157
Other		187		—		—		—		187
Total Communication Services Revenue		79,107		21,358		—		—		100,465
Other
Renewable Energy		—		—		1,490		—		1,490
Managed Services		1,210		135		—		—		1,345
Total Other Revenue		1,210		135		1,490		—		2,835
Total Revenue		80,317		21,493		1,490		—		103,300
Depreciation and amortization		13,015		5,598		616		1,489		20,718
Non-cash stock-based compensation		11		—		—		1,290		1,301
Operating income (loss)		13,878		(3,506)		(203)		(8,055)		2,114

(1) Corporate and Other items refer to corporate overhead costs and consolidating adjustments

Selected balance sheet data for each of the Company’s segments as of March 31, 2020 and December 31, 2019 consists of the following (in thousands):

	International		US		Renewable		Corporate and
	Telecom		Telecom		Energy		Other (1)		Consolidated
March 31, 2020
Cash, Cash equivalents, and Investments	$	48,222	$	36,052	$	23,858	$	37,885	$	146,017
Total current assets		95,764		61,191		26,455		51,932		235,342
Fixed assets, net		462,275		64,710		45,233		20,709		592,927
Goodwill		25,421		35,270		—		—		60,691
Total assets		645,987		224,363		72,405		165,837		1,108,592
Total current liabilities		71,129		26,910		1,660		13,745		113,444
Total debt		85,525		—		—		—		85,525
December 31, 2019
Cash, Cash equivalents, and Investments	$	43,125	$	38,240	$	25,054	$	55,284	$	161,703
Total current assets		91,497		54,207		27,534		55,485		228,723
Fixed assets, net		466,523		69,184		48,421		21,453		605,581
Goodwill		25,421		35,270		—		—		60,691
Total assets		647,228		222,356		76,723		184,419		1,130,726
Total current liabilities		77,644		24,905		2,745		14,375		119,669
Total debt		86,426		—		—		—		86,426

	Capital Expenditures
		International		US		Renewable		Corporate and
Three months ended March 31,		Telecom (2)		Telecom		Energy		Other (1)		Consolidated
2020	$	10,465	$	1,972	$	720	$	904	$	14,061
2019		11,356		3,075		609		2,724		17,764

(1) Corporate and other items refer to corporate overhead costs and consolidating adjustments

(2) Includes $0.1 million for the three months ended March 31, 2019 of expenditures used for network repairs and resiliency enhancements in the US Virgin Islands following the impact of the Hurricanes..