XML 301 R26.htm IDEA: XBRL DOCUMENT v3.22.0.1
Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The amount of cash and cash equivalents and restricted cash and restricted cash equivalents reported in the Consolidated Balance Sheets as reconciled to the amounts shown in the Consolidated Statements of Cash Flows is as follows:
Years Ended December 31,
(in thousands)202120202019
Cash and cash equivalents$24,453 $204,998 $48,736 
Restricted cash and restricted cash equivalents8,824 2,749 — 
Ending balance$33,277 $207,747 $48,736 
Supplementary Cash Flow Information
The following table summarizes supplementary cash flow information and material non-cash investing and financing transactions, excluding leases:
Years Ended December 31,
(in thousands)202120202019
Interest paid, net of interest income$456,509 $510,185 $545,206 
Payments (refunds) on income taxes, net$1,877 $25,802 $(1,001)
Issuance of shares in lieu of cash dividends$$15 $67,767 
Issuance of shares for acquisition of business$528,503 $113,841 $— 
The following table presents cash flow and supplemental information associated with the Company’s leases:
Years Ended December 31,
Other information (in thousands)
202120202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows - operating leases$50,721 $56,235 $57,212 
Operating cash flows - finance leases$2,823 $3,122 $3,770 
Financing cash flows - finance leases$32,123 $27,956 $24,918 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$21,203 $47,870 $51,909 
Finance leases$46,920 $15,326 $52,611 
Schedule of Property, Plant and Equipment and Depreciation Expense
Property and equipment, net, is recorded at historical cost less accumulated depreciation, which is calculated using the straight-line method over the estimated useful lives of the related assets as follows:
Buildings and related improvements
Up to 40 years
Leasehold improvementsLesser of remaining term of the lease or economic useful life
Capitalized software
3 to 10 years
Machinery, equipment, and other
Up to 10 years
The gross carrying amount, accumulated depreciation, and net carrying amount of property and equipment were as follows:
December 31,
(in thousands)20212020
Land$13,120 $13,120 
Buildings and leasehold improvements112,475 100,654 
Capitalized software491,184 585,251 
Machinery, equipment, and other205,696 189,768 
Construction in progress26,335 35,971 
Finance leases166,925 121,061 
Accumulated depreciation(651,627)(720,109)
Property and equipment, net$364,108 $325,716 
Depreciation expense is reflected in depreciation and intangible asset amortization in the Consolidated Statements of Operations as follows:
Years Ended December 31,
(in thousands)202120202019
Depreciation expense$197,202 $187,386 $187,397 
Schedule of Subscriber System Assets, Net
Subscriber system assets, net reflected in the Consolidated Balance Sheets was as follows:
December 31,
(in thousands)20212020
Gross carrying amount$5,499,703 $4,815,286 
Accumulated depreciation(2,632,175)(2,152,058)
Subscriber system assets, net$2,867,528 $2,663,228 
Schedule of Subscriber System Depreciation and Amortization Cost
Depreciation and amortization of subscriber system assets and deferred subscriber acquisition costs are reflected in depreciation and intangible asset amortization and selling, general, and administrative expenses, respectively, in the Consolidated Statements of Operations as follows:
Years Ended December 31,
(in thousands)202120202019
Depreciation of subscriber system assets$506,568 $501,669 $558,111 
Amortization of deferred subscriber acquisition costs$126,089 $96,823 $80,128 
Schedule of Accrued Liabilities
Accrued expenses and other current liabilities consisted of the following as of the periods presented:
December 31,
(in thousands)20212020
Accrued interest$124,579 $123,935 
Payroll-related accruals196,165 99,771 
Operating lease liabilities37,359 30,689 
Fair value of interest rate swaps50,360 65,462 
Other accrued liabilities328,782 264,294 
Accrued expenses and other current liabilities$737,245 $584,151 
Schedule of Radio Conversion Costs and Revenue
Radio conversion costs and radio conversion revenue are reflected in selling, general, and administrative expenses and monitoring and related services revenue, respectively, in the Consolidated Statements of Operations as follows:
Years Ended December 31,
(in thousands)202120202019
Radio conversion costs$250,490 $88,709 $30,038 
Radio conversion revenue$39,127 $36,820 $5,055 
Schedule of Carrying Amount and Fair Value of Retail Installment Contract Receivables
The total carrying amount and fair value of retail installment contract receivables were as follows:
December 31,
20212020
(in thousands)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Retail installment contract receivables, net$330,605 $255,147 $141,591 $112,676 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments and Securities
The total carrying amount and fair value of long-term debt instruments subject to fair value disclosures were as follows:
December 31,
20212020
(in thousands)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Long-term debt instruments, excluding finance lease obligations$9,599,610 $10,043,877 $9,431,216 $10,127,291