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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Site leasing $ 1,740,434 $ 1,623,173 $ 1,538,070
Site development 125,261 104,501 95,055
Total revenues 1,865,695 1,727,674 1,633,125
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):      
Cost of site leasing 372,296 359,527 342,215
Cost of site development 96,499 86,785 78,682
Selling, general, and administrative 142,526 130,697 143,349
Acquisition related adjustments and expenses 10,961 12,367 13,140
Asset impairment and decommission costs 27,134 36,697 30,242
Depreciation, accretion, and amortization 672,113 643,100 638,189
Total operating expenses 1,321,529 1,269,173 1,245,817
Operating income 544,166 458,501 387,308
Other income (expense):      
Interest income 6,731 11,337 10,928
Interest expense (376,217) (323,749) (329,171)
Non-cash interest expense (2,640) (2,879) (2,203)
Amortization of deferred financing fees (20,289) (21,940) (21,136)
Loss from extinguishment of debt, net (14,443) (1,961) (52,701)
Other (expense) income, net (85,624) (2,418) 94,278
Total other expense, net (492,482) (341,610) (300,005)
Income before provision for income taxes 51,684 116,891 87,303
Provision for income taxes (4,233) (13,237) (11,065)
Net income $ 47,451 $ 103,654 $ 76,238
Net income per common share:      
Basic $ 0.41 $ 0.86 $ 0.61
Diluted $ 0.41 $ 0.86 $ 0.61
Weighted average common shares outstanding:      
Basic 114,909 119,860 124,448
Diluted 116,515 121,022 125,144