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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Selected Financial Data for Segments

Three Months Ended September 30, 2020: 

(in thousands)						Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Cable, residential and SMB (1)						$	37,469					$	—					$	—					$	37,469
Fiber, enterprise and wholesale						4,707						—						—						4,707
Rural local exchange carrier						4,426						—						—						4,426
Installation and other						2,008						—						—						2,008
Tower lease						—						1,864						—						1,864
Service revenue and other						48,610						1,864						—						50,474
Revenue for service provided to the discontinued Wireless operations						2,100						2,637						(38)						4,699
Total revenue						50,710						4,501						(38)						55,173
Operating expenses
Cost of services						21,326						1,283						60						22,669
Selling, general and administrative						9,792						330						9,917						20,039
Depreciation and amortization						10,106						467						1,422						11,995
Total operating expenses						41,224						2,080						11,399						54,703
Operating income (loss)						$	9,486					$	2,421					$	(11,437)					$	470

_______________________________________________________

(1) SMB refers to Small and Medium Businesses.

Three Months Ended September 30, 2019: 

(in thousands)						Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Cable, residential and SMB						$	33,696					$	—					$	—					$	33,696
Fiber, enterprise and wholesale						5,163						—						—						5,163
Rural local exchange carrier						5,080						—						—						5,080
Installation and other						2,073						—						—						2,073
Tower lease						—						1,851						—						1,851
Service revenue and other						46,012						1,851						—						47,863
Revenue for service provided to the discontinued Wireless operations						2,669						1,289						(7)						3,951
Total revenue						48,681						3,140						(7)						51,814
Operating expenses
Cost of services						20,032						927						(12)						20,947
Selling, general and administrative						8,790						192						10,463						19,445
Depreciation and amortization						8,617						691						1,433						10,741
Total operating expenses						37,439						1,810						11,884						51,133
Operating income (loss)						$	11,242					$	1,330					$	(11,891)					$	681

Nine Months Ended September 30, 2020: 

(in thousands)						Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Cable, residential and SMB						$	108,242					$	—					$	—					$	108,242
Fiber, enterprise and wholesale						15,858						—						—						15,858
Rural local exchange carrier						13,784						—						—						13,784
Installation and other						5,928						—						—						5,928
Tower lease						—						5,490						—						5,490
Service revenue and other						143,812						5,490						—						149,302
Revenue for service provided to the discontinued Wireless operations						6,818						7,000						(477)						13,341
Total revenue						150,630						12,490						(477)						162,643
Operating expenses
Cost of services						61,572						3,537						58						65,167
Selling, general and administrative						28,960						1,095						34,172						64,227
Depreciation and amortization						30,448						1,414						4,148						36,010
Total operating expenses						120,980						6,046						38,378						165,404
Operating income (loss)						$	29,650					$	6,444					$	(38,855)					$	(2,761)

Nine Months Ended September 30, 2019: 

(in thousands)						Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Cable, residential and SMB						$	99,703					$	—					$	—					$	99,703
Fiber, enterprise and wholesale						14,912						—						—						14,912
Rural local exchange carrier						15,899						—						—						15,899
Installation and other						6,002						—						—						6,002
Tower lease						—						5,365						—						5,365
Service revenue and other						136,516						5,365						—						141,881
Revenue for service provided to the discontinued Wireless operations						7,597						3,830						(23)						11,404
Total revenue						144,113						9,195						(23)						153,285
Operating expenses
Cost of services						59,348						2,704						(22)						62,030
Selling, general and administrative						24,316						634						32,650						57,600
Depreciation and amortization						27,243						2,102						4,462						33,807
Total operating expenses						110,907						5,440						37,090						153,437
Operating income (loss)						$	33,206					$	3,755					$	(37,113)					$	(152)

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of the total of the reportable segments’ operating income to consolidated income from continuing operations before taxes is as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
(in thousands)			2020						2019						2020						2019
Total consolidated operating income (loss)			$	470					$	681					$	(2,761)					$	(152)
Other income, net			1,083						994						3,103						3,328
Income from continuing operations before income taxes			$	1,553					$	1,675					$	342					$	3,176

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.

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