XML 57 R35.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Divestitures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations |
(in thousands) |  |  |  | December 31, 2022
Assets |  |  |  |
Accounts receivable |  |  |  | $ | 262,757 |
Inventories, net |  |  |  | 104,139 |
Work-in-progress |  |  |  | 68,782 |
Prepaid expenses and other current assets |  |  |  | 34,245 |
Total current assets of discontinued operations held for sale |  |  |  | 469,923 |
Property and equipment, net |  |  |  | 69,777 |
Subscriber system assets, net |  |  |  | 142,763 |
Intangible assets, net |  |  |  | 164,783 |
Goodwill |  |  |  | 336,589 |
Deferred subscriber acquisition costs, net |  |  |  | 88,966 |
Other assets |  |  |  | 82,636 |
Total assets of discontinued operations held for sale |  |  |  | $ | 1,355,437 |
Liabilities |  |  |  |
Current maturities of long-term debt |  |  |  | $ | 14,293 |
Accounts payable |  |  |  | 68,855 |
Deferred revenue |  |  |  | 92,784 |
Accrued expenses and other current liabilities |  |  |  | 123,041 |
Total current liabilities of discontinued operations held for sale |  |  |  | 298,973 |
Long-term debt |  |  |  | 9,952 |
Deferred subscriber acquisition revenue |  |  |  | 64,605 |
Other liabilities |  |  |  | 31,713 |
Total liabilities of discontinued operations held for sale |  |  |  | $ | 405,243 |
|  | Years Ended December 31,
(in thousands) |  | 2023 |  | 2022 |  | 2021
Revenue |  | $ | 1,035,048 |  |  | $ | 1,226,980 |  |  | $ | 1,104,388 |
Cost of revenue |  | 688,433 |  |  | 839,356 |  |  | 777,388 |
Selling, general, and administrative expenses |  | 213,514 |  |  | 267,195 |  |  | 247,679 |
Depreciation and intangible asset amortization |  | 37,691 |  |  | 77,745 |  |  | 75,121 |
Other income and expense items |  | 19,174 |  |  | 6,016 |  |  | (445) |
Income (loss) from discontinued operations before gain on sale of business and income taxes |  | 76,236 |  |  | 36,668 |  |  | 4,645 |
Gain on sale of business |  | 629,980 |  |  | — |  |  | — |
Income (loss) from discontinued operations before income taxes |  | 706,216 |  |  | 36,668 |  |  | 4,645 |
Income tax benefit (expense) |  | (178,667) |  |  | (10,868) |  |  | (1,288) |
Income (loss) from discontinued operations, net of tax |  | $ | 527,549 |  |  | $ | 25,800 |  |  | $ | 3,357 |
|  | Years Ended December 31, |  |  |  |
(in thousands) |  | 2023 |  | 2022 |  | 2021 |  |  |  |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |  |  |  |  |  |  |  |  |
Depreciation and intangible asset amortization |  | $ | 37,691 |  |  | $ | 77,745 |  |  | $ | 75,121 |  |  |  |  |
Share-based compensation expense |  | $ | 11,699 |  |  | $ | 13,069 |  |  | $ | 14,126 |  |  |  |  |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |
Subscriber system asset expenditures |  | $ | (8,902) |  |  | $ | (29,230) |  |  | $ | (42,520) |  |  |  |  |
Purchases of property and equipment |  | $ | (4,399) |  |  | $ | (6,885) |  |  | $ | (5,476) |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration