XML 42 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Activity in the allowance for doubtful accounts
The activity in the allowance for doubtful accounts during the years ended December 31, 2016, 2015 and 2014 was as follows:
 
 
 
 
 
 
 
 
 
Write Off of
 
 
 
 
 
Balance
 
Charged to
 
Allowance
 
Uncollectible
 
Balance at
 
 
 
at Beginning
 
Costs and
 
From
 
Accounts, Net of
 
End of
 
Year Ended
 
of Period
 
Expenses
 
Acquisitions
 
Recoveries
 
Period
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
$
664
 
$
206
 
$
 
$
(310)
 
$
560
 
December 31, 2015
 
$
395
 
$
339
 
$
99
 
$
(169)
 
$
664
 
December 31, 2014
 
$
578
 
$
139
 
$
 
$
(322)
 
$
395
 
Property and equipment
Property and equipment consisted of the following:
 
 
 
Estimated
 
December 31,
 
 
 
Useful Life
 
2016
 
2015
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
Land and land improvements
 
 
 
$
13,206
 
$
13,207
 
Buildings
 
 
31.5 years
 
 
34,790
 
 
34,543
 
Towers and antennae
 
 
7-15 years
 
 
27,081
 
 
27,616
 
Equipment
 
 
3-15 years
 
 
73,287
 
 
79,624
 
Furniture, fixtures and leasehold improvements
 
 
7-20 years
 
 
7,776
 
 
8,263
 
Vehicles
 
 
5 years
 
 
3,828
 
 
3,821
 
 
 
 
 
 
 
159,968
 
 
167,074
 
Accumulated depreciation
 
 
 
 
 
(103,406)
 
 
(108,943)
 
Net property and equipment
 
 
 
 
$
56,562
 
$
58,131
 
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Years Ended December 31,
 
 
 
2016
 
2015
 
2014
 
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
18,186
 
$
13,414
 
$
14,904
 
Less: Net income allocated to unvested participating securities
 
 
325
 
 
250
 
 
234
 
Net income available to common stockholders
 
$
17,861
 
$
13,164
 
$
14,670
 
Denominator:
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share-weighted average shares
 
 
5,761
 
 
5,706
 
 
5,700
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
10
 
 
34
 
 
53
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,771
 
 
5,740
 
 
5,753
 
Basic earnings per share
 
$
3.10
 
$
2.31
 
$
2.57
 
Diluted earnings per share
 
$
3.09
 
$
2.29
 
$
2.55