XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Shareholders' Deficit - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Class A Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss, Net [Member]
Total
BALANCE at Dec. 31, 2022 $ 1,080 $ 2,795,176 $ (7,482,061) $ (590,510) $ (5,276,315)
BALANCE, Shares at Dec. 31, 2022 107,997        
Net income attributable to SBA Communications Corporation     304,865   304,865
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 4 (8,073)     (8,069)
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 384        
Non-cash stock compensation   45,326     45,326
Adjustments related to interest rate swaps       (7,072) (7,072)
Foreign currency translation adjustments attributable to SBA Communications Corporation       42,012 42,012
Dividends and dividend equivalents on common stock     (185,642)   (185,642)
Adjustment to redemption amount related to noncontrolling interests   (7,435)     (7,435)
BALANCE at Jun. 30, 2023 $ 1,084 2,824,994 (7,362,838) (555,570) (5,092,330)
BALANCE, Shares at Jun. 30, 2023 108,381        
BALANCE at Mar. 31, 2023 $ 1,083 2,800,046 (7,473,913) (596,370) (5,269,154)
BALANCE, Shares at Mar. 31, 2023 108,326        
Net income attributable to SBA Communications Corporation     203,648   203,648
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 1 6,646     6,647
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 55        
Non-cash stock compensation   18,624     18,624
Adjustments related to interest rate swaps       15,316 15,316
Foreign currency translation adjustments attributable to SBA Communications Corporation       25,484 25,484
Dividends and dividend equivalents on common stock     (92,573)   (92,573)
Adjustment to redemption amount related to noncontrolling interests   (322)     (322)
BALANCE at Jun. 30, 2023 $ 1,084 2,824,994 (7,362,838) (555,570) (5,092,330)
BALANCE, Shares at Jun. 30, 2023 108,381        
BALANCE at Dec. 31, 2023 $ 1,080 2,894,060 (7,450,824) (615,198) $ (5,170,882)
BALANCE, Shares at Dec. 31, 2023 108,050       108,050
Net income attributable to SBA Communications Corporation     317,372   $ 317,372
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements $ 4 3,187     3,191
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 356        
Non-cash stock compensation   41,027     41,027
Adjustments related to interest rate swaps       2,630 2,630
Repurchase and retirement of common stock $ (9)   (200,010)   (200,019)
Repurchase and retirement of common stock, Shares (935)        
Foreign currency translation adjustments attributable to SBA Communications Corporation       (89,210) (89,210)
Dividends and dividend equivalents on common stock     (212,908)   (212,908)
Adjustment to redemption amount related to noncontrolling interests   (7,942)     (7,942)
BALANCE at Jun. 30, 2024 $ 1,075 2,930,332 (7,546,370) (701,778) $ (5,316,741)
BALANCE, Shares at Jun. 30, 2024 107,471       107,471
BALANCE at Mar. 31, 2024 $ 1,079 2,915,215 (7,509,379) (629,735) $ (5,222,820)
BALANCE, Shares at Mar. 31, 2024 107,880        
Net income attributable to SBA Communications Corporation     162,830   162,830
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements   3,950     3,950
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements, Shares 31        
Non-cash stock compensation   19,109     19,109
Adjustments related to interest rate swaps       (8,237) (8,237)
Repurchase and retirement of common stock $ (4)   (93,858)   (93,862)
Repurchase and retirement of common stock, Shares (440)        
Foreign currency translation adjustments attributable to SBA Communications Corporation       (63,806) (63,806)
Dividends and dividend equivalents on common stock     (105,963)   (105,963)
Adjustment to redemption amount related to noncontrolling interests   (7,942)     (7,942)
BALANCE at Jun. 30, 2024 $ 1,075 $ 2,930,332 $ (7,546,370) $ (701,778) $ (5,316,741)
BALANCE, Shares at Jun. 30, 2024 107,471       107,471