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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue $ 1,304,417 $ 1,331,387 $ 2,609,121 $ 2,701,139
Cost of revenue (exclusive of depreciation and amortization shown separately below) 381,585 376,347 762,751 784,333
Selling, general, and administrative expenses 445,636 414,711 895,238 868,015
Depreciation and intangible asset amortization 474,271 477,869 944,080 966,893
Merger, restructuring, integration, and other 4,804 12,038 25,311 120,832
Operating (loss) income (1,879) 50,422 (18,259) (38,934)
Interest expense, net (166,525) (187,265) (214,249) (412,632)
Loss on extinguishment of debt 0 0 (156) (65,843)
Other income 1,533 2,271 3,336 4,580
Loss before income taxes (166,871) (134,572) (229,328) (512,829)
Income tax benefit 41,021 27,831 55,584 105,795
Net loss $ (125,850) $ (106,741) $ (173,744) $ (407,034)
Common Stock        
Weighted-average shares outstanding - basic:        
Net loss per share, basic (in dollars per share) $ (0.15) $ (0.14)    
Weighted average number of shares, basic (in shares) 765,922 760,597    
Basic and diluted (in shares) 765,922 760,597 764,322 759,845
Earnings Per Share, Basic and Diluted $ (0.15) $ (0.14) $ (0.21) $ (0.54)
Common Class B        
Weighted-average shares outstanding - basic:        
Net loss per share, basic (in dollars per share) $ (0.15) $ 0    
Weighted average number of shares, basic (in shares) 54,745 0    
Basic and diluted (in shares) 54,745 0 54,745 0
Earnings Per Share, Basic and Diluted $ (0.15) $ 0 $ (0.21) $ 0
Monitoring and related services        
Revenue $ 1,083,520 $ 1,041,379 $ 2,146,286 $ 2,087,336
Installation and other        
Revenue $ 220,897 $ 290,008 $ 462,835 $ 613,803