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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE:        
Total revenue $ 186,441 $ 179,497 $ 372,214 $ 351,517
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Selling, general and administrative 61,914 56,610 123,262 111,491
Stock-based compensation 2,739 2,568 4,517 4,028
Transaction-related charges 438 412 451 966
Restructuring expenses 370   3,257  
Depreciation and amortization 36,217 33,817 72,621 67,109
Amortization of intangibles from acquisitions 3,144 3,250 6,391 6,508
(Gain) Loss on disposition of long-lived assets 445 (28) 278 3,392
Total operating expenses 184,001 177,775 369,140 349,684
Income from operations 2,440 1,722 3,074 1,833
OTHER INCOME (EXPENSE)        
Interest income 45   227 3
Interest expense (10,449) (4,278) (19,256) (7,593)
Other income 2,216 (2,724) 2,411 1,474
Other income (expense) (8,188) (7,002) (16,618) (6,116)
LOSS BEFORE INCOME TAXES (5,748) (5,280) (13,544) (4,283)
Income tax (benefit) expense (5,087) (3,971) (5,827) (1,018)
NET LOSS (661) (1,309) (7,717) (3,265)
Net loss attributable to noncontrolling interests, net of tax (benefit) expense of $(0.7) million, $0 million, $(1.2) million and $(0.5) million respectively 1,428 784 2,599 1,794
NET INCOME (LOSS) ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS $ 767 $ (525) $ (5,118) $ (1,471)
Basic (in dollars per share) $ (0.03) $ (0.11) $ (0.48) $ (0.24)
Diluted (in dollars per share) $ (0.03) $ (0.11) $ (0.48) $ (0.24)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 15,719 15,749 15,726 15,736
Diluted (in shares) 15,719 15,749 15,726 15,736
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK $ 0.21 $ 0.17 $ 0.42 $ 0.34
Communication services        
REVENUE:        
Total revenue $ 181,576 $ 171,795 $ 362,883 $ 338,338
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 77,718 77,860 156,759 150,871
Construction        
REVENUE:        
Total revenue 1,020 3,297 1,610 5,283
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 1,016 3,286 1,604 5,319
Other revenue        
REVENUE:        
Total revenue $ 3,845 $ 4,405 $ 7,721 $ 7,896