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v3.19.2

Segment Reporting | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company's reportable segments, which the Company operates and manages as strategic business units that are organized according to major product and service offerings, include: Wireless, Cable, Wireline and Other. A general description of the products and services offered and the customers served by each of these segments is as follows:
• | Wireless provides digital wireless service as a Sprint PCS Affiliate to a portion of a multi-state area covering large portions of central and western Virginia, south-central Pennsylvania, West Virginia, and portions of Maryland, North Carolina, Kentucky, and Ohio. In these areas, we are the exclusive provider of Sprint-branded wireless mobility communications network products and services on the 800 MHz, 1900 MHz and 2.5 GHz spectrum bands.
• | Cable provides video, broadband and voice services in franchise areas in portions of Virginia, West Virginia, western Maryland, and eastern Kentucky, and leases fiber optic facilities throughout its service area. It does not include video, broadband and voice services provided to customers in Shenandoah County, Virginia.
• | Wireline provides regulated and unregulated voice services, video, broadband, long distance access services, and leases fiber optic facilities throughout portions of Virginia, West Virginia, Maryland and Pennsylvania.
• | Other operations are represented by Shenandoah Telecommunications Company, the parent holding company that provides investing and management services to its subsidiaries.
Three Months Ended June 30, 2019
(in thousands) |  | Wireless |  | Cable |  | Wireline |  | Other |  | Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  | $ | 94,350 |  |  | $ | 30,716 |  |  | $ | 5,558 |  |  | $ | — |  |  | $ | — |  |  | $ | 130,624 |
Equipment revenue |  | 16,548 |  |  | 255 |  |  | 52 |  |  | — |  |  | — |  |  | 16,855 |
Tower revenue |  | 1,654 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,654 |
Other revenue |  | 318 |  |  | 2,238 |  |  | 7,225 |  |  | — |  |  | — |  |  | 9,781 |
Total external revenue |  | 112,870 |  |  | 33,209 |  |  | 12,835 |  |  | — |  |  | — |  |  | 158,914 |
Internal revenue |  | 1,270 |  |  | 1,481 |  |  | 6,692 |  |  | — |  |  | (9,443 | ) |  | — |
Total operating revenue |  | 114,140 |  |  | 34,690 |  |  | 19,527 |  |  | — |  |  | (9,443 | ) |  | 158,914 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Cost of services |  | 33,563 |  |  | 15,701 |  |  | 8,979 |  |  | — |  |  | (8,746 | ) |  | 49,497 |
Cost of goods sold |  | 15,742 |  |  | 112 |  |  | 19 |  |  | — |  |  | 1 |  |  | 15,874 |
Selling, general and administrative |  | 10,592 |  |  | 5,536 |  |  | 1,988 |  |  | 9,752 |  |  | (698 | ) |  | 27,170 |
Depreciation and amortization |  | 32,219 |  |  | 6,555 |  |  | 3,447 |  |  | 132 |  |  | — |  |  | 42,353 |
Total operating expenses |  | 92,116 |  |  | 27,904 |  |  | 14,433 |  |  | 9,884 |  |  | (9,443 | ) |  | 134,894 |
Operating income (loss) |  | $ | 22,024 |  |  | $ | 6,786 |  |  | $ | 5,094 |  |  | $ | (9,884 | ) |  | $ | — |  |  | $ | 24,020 |
Three Months Ended June 30, 2018
(in thousands) |  | Wireless |  | Cable |  | Wireline |  | Other |  | Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  | $ | 95,690 |  |  | $ | 28,748 |  |  | $ | 5,301 |  |  | $ | — |  |  | $ | — |  |  | $ | 129,739 |
Equipment revenue |  | 15,819 |  |  | 144 |  |  | 46 |  |  | — |  |  | — |  |  | 16,009 |
Tower revenue |  | 1,636 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,636 |
Other revenue |  | 364 |  |  | 2,122 |  |  | 6,631 |  |  | — |  |  | — |  |  | 9,117 |
Total external revenue |  | 113,509 |  |  | 31,014 |  |  | 11,978 |  |  | — |  |  | — |  |  | 156,501 |
Internal revenue |  | 1,244 |  |  | 1,097 |  |  | 7,134 |  |  | — |  |  | (9,475 | ) |  | — |
Total operating revenue |  | 114,753 |  |  | 32,111 |  |  | 19,112 |  |  | — |  |  | (9,475 | ) |  | 156,501 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Cost of services |  | 33,488 |  |  | 15,125 |  |  | 9,373 |  |  | 12 |  |  | (8,864 | ) |  | 49,134 |
Cost of goods sold |  | 15,082 |  |  | 63 |  |  | 20 |  |  | 1 |  |  | — |  |  | 15,166 |
Selling, general and administrative |  | 12,367 |  |  | 4,661 |  |  | 1,686 |  |  | 11,812 |  |  | (611 | ) |  | 29,915 |
Depreciation and amortization |  | 31,565 |  |  | 6,179 |  |  | 3,240 |  |  | 133 |  |  | — |  |  | 41,117 |
Total operating expenses |  | 92,502 |  |  | 26,028 |  |  | 14,319 |  |  | 11,958 |  |  | (9,475 | ) |  | 135,332 |
Operating income (loss) |  | $ | 22,251 |  |  | $ | 6,083 |  |  | $ | 4,793 |  |  | $ | (11,958 | ) |  | $ | — |  |  | $ | 21,169 |
Six Months Ended June 30, 2019
(in thousands) |  | Wireless |  | Cable |  | Wireline |  | Other |  | Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  | $ | 191,425 |  |  | $ | 60,421 |  |  | $ | 11,043 |  |  | $ | — |  |  | $ | — |  |  | $ | 262,889 |
Equipment revenue |  | 31,839 |  |  | 525 |  |  | 103 |  |  | — |  |  | — |  |  | 32,467 |
Tower revenue |  | 3,325 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,325 |
Other revenue |  | 665 |  |  | 4,503 |  |  | 13,908 |  |  | — |  |  | — |  |  | 19,076 |
Total external revenue |  | 227,254 |  |  | 65,449 |  |  | 25,054 |  |  | — |  |  | — |  |  | 317,757 |
Internal revenue |  | 2,540 |  |  | 2,950 |  |  | 13,382 |  |  | — |  |  | (18,872 | ) |  | — |
Total operating revenue |  | 229,794 |  |  | 68,399 |  |  | 38,436 |  |  | — |  |  | (18,872 | ) |  | 317,757 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Cost of services |  | 67,041 |  |  | 31,348 |  |  | 18,130 |  |  | — |  |  | (17,504 | ) |  | 99,015 |
Cost of goods sold |  | 30,169 |  |  | 287 |  |  | 55 |  |  | — |  |  | — |  |  | 30,511 |
Selling, general and administrative |  | 21,954 |  |  | 11,262 |  |  | 3,831 |  |  | 20,213 |  |  | (1,368 | ) |  | 55,892 |
Depreciation and amortization |  | 63,269 |  |  | 13,013 |  |  | 6,980 |  |  | 270 |  |  | — |  |  | 83,532 |
Total operating expenses |  | 182,433 |  |  | 55,910 |  |  | 28,996 |  |  | 20,483 |  |  | (18,872 | ) |  | 268,950 |
Operating income (loss) |  | $ | 47,361 |  |  | $ | 12,489 |  |  | $ | 9,440 |  |  | $ | (20,483 | ) |  | $ | — |  |  | $ | 48,807 |
Six Months Ended June 30, 2018
(in thousands) |  | Wireless |  | Cable |  | Wireline |  | Other |  | Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  | $ | 187,855 |  |  | $ | 57,219 |  |  | $ | 10,609 |  |  | $ | — |  |  | $ | — |  |  | $ | 255,683 |
Equipment revenue |  | 33,193 |  |  | 303 |  |  | 92 |  |  | — |  |  | — |  |  | 33,588 |
Tower revenue |  | 3,294 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,294 |
Other revenue |  | 732 |  |  | 4,172 |  |  | 13,170 |  |  | — |  |  | — |  |  | 18,074 |
Total external revenue |  | 225,074 |  |  | 61,694 |  |  | 23,871 |  |  | — |  |  | — |  |  | 310,639 |
Internal revenue |  | 2,483 |  |  | 2,128 |  |  | 14,948 |  |  | — |  |  | (19,559 | ) |  | — |
Total operating revenue |  | 227,557 |  |  | 63,822 |  |  | 38,819 |  |  | — |  |  | (19,559 | ) |  | 310,639 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Cost of services |  | 67,238 |  |  | 30,281 |  |  | 19,175 |  |  | 12 |  |  | (18,230 | ) |  | 98,476 |
Cost of goods sold |  | 30,809 |  |  | 119 |  |  | 42 |  |  | 1 |  |  | — |  |  | 30,971 |
Selling, general and administrative |  | 24,502 |  |  | 9,609 |  |  | 3,403 |  |  | 22,480 |  |  | (1,329 | ) |  | 58,665 |
Depreciation and amortization |  | 65,490 |  |  | 12,203 |  |  | 6,634 |  |  | 277 |  |  | — |  |  | 84,604 |
Total operating expenses |  | 188,039 |  |  | 52,212 |  |  | 29,254 |  |  | 22,770 |  |  | (19,559 | ) |  | 272,716 |
Operating income (loss) |  | $ | 39,518 |  |  | $ | 11,610 |  |  | $ | 9,565 |  |  | $ | (22,770 | ) |  | $ | — |  |  | $ | 37,923 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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