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Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following table presents total revenue by segment and a reconciliation to consolidated total revenue:

						Three Months Ended												Six Months Ended
(in thousands)						June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
CSB						$	1,022,647					$	1,102,186					$	2,061,252					$	2,213,353
Commercial						281,770						229,201						547,869						487,786
Total Revenue						$	1,304,417					$	1,331,387					$	2,609,121					$	2,701,139

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents Adjusted EBITDA by segment and a reconciliation to consolidated net loss before taxes:

			Three Months Ended												Six Months Ended
(in thousands)			June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
Adjusted EBITDA by segment:
CSB			$	509,897					$	550,686					$	1,029,375					$	1,087,761
Commercial			31,968						12,424						54,621						14,838
Total			$	541,865					$	563,110					$	1,083,996					$	1,102,599
Reconciliation to consolidated net loss before taxes:
Total segment Adjusted EBITDA			$	541,865					$	563,110					$	1,083,996					$	1,102,599
Less:
Interest expense, net			166,525						187,265						214,249						412,632
Depreciation and intangible asset amortization			474,271						477,869						944,080						966,893
Amortization of deferred subscriber acquisition costs			30,188						22,789						58,830						45,416
Amortization of deferred subscriber acquisition revenue			(40,729)						(29,540)						(77,888)						(59,017)
Share-based compensation expense			13,587						24,828						29,606						48,327
Merger, restructuring, integration, and other			4,804						12,038						25,311						120,832
Loss on extinguishment of debt			—						—						156						65,843
Radio conversion costs, net(1)			60,635						5,031						119,364						11,670
Financing and consent fees(2)			399						10						3,745						5,260
Other(3)			(944)						(2,608)						(4,129)						(2,428)
Net loss before taxes			$	(166,871)					$	(134,572)					$	(229,328)					$	(512,829)

___________________

(1)Represents costs, net of any incremental revenue earned, associated with replacing cellular technology used in many of the Company’s security systems pursuant to a replacement program.

(2)Represents fees expensed associated with financing transactions.

(3)Represents other charges and non-cash items.

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- References

No definition available.

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