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Segment Reporting | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The divestiture of our Wireless operations represents a strategic shift in the Company’s business and qualifies as a discontinued operation. As a result, for all periods presented, the operating results and cash flows related to the Wireless segment were reflected as discontinued operations in our Unaudited Condensed Consolidated Statements of Comprehensive Income and the Unaudited Condensed Consolidated Statements of Cash Flows. The tables below reflect the results of operations of the Company's reportable segments in continuing operations, consistent with internal reporting used by the Company. Three Months Ended September 30, 2021:
(in thousands) | Broadband |  | Tower |  | Corporate & Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |
Residential & SMB | $ | 44,783 |  |  | $ | — |  |  | $ | — |  |  | $ | 44,783 |
Commercial Fiber | 9,059 |  |  | — |  |  | — |  |  | 9,059 |
RLEC & Other | 3,972 |  |  | — |  |  | — |  |  | 3,972 |
Tower lease | — |  |  | 4,356 |  |  | — |  |  | 4,356 |
Service revenue and other | 57,814 |  |  | 4,356 |  |  | — |  |  | 62,170 |
Revenue for service provided to the discontinued Wireless operations | 99 |  |  | 93 |  |  | (118) |  |  | 74 |
Total revenue | 57,913 |  |  | 4,449 |  |  | (118) |  |  | 62,244 |
Operating expenses |  |  |  |  |  |  |
Cost of services | 24,012 |  |  | 1,504 |  |  | (90) |  |  | 25,426 |
Selling, general and administrative | 11,898 |  |  | 314 |  |  | 8,026 |  |  | 20,238 |
Restructuring expense | 71 |  |  | — |  |  | 1,089 |  |  | 1,160 |
Depreciation and amortization | 12,211 |  |  | 468 |  |  | 1,569 |  |  | 14,248 |
Total operating expenses | 48,192 |  |  | 2,286 |  |  | 10,594 |  |  | 61,072 |
Operating income (loss) | $ | 9,721 |  |  | $ | 2,163 |  |  | $ | (10,712) |  |  | $ | 1,172 |
Three Months Ended September 30, 2020:
(in thousands) | Broadband |  | Tower |  | Corporate & Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |
Residential & SMB | $ | 39,477 |  |  | $ | — |  |  | $ | — |  |  | $ | 39,477 |
Commercial Fiber | 5,280 |  |  | — |  |  | — |  |  | 5,280 |
RLEC & Other | 3,853 |  |  | — |  |  | — |  |  | 3,853 |
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 |
Nine Months Ended September 30, 2021:
(in thousands) | Broadband |  | Tower |  | Corporate & Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |
Residential & SMB | $ | 131,702 |  |  | $ | — |  |  | $ | — |  |  | $ | 131,702 |
Commercial Fiber | 21,975 |  |  | — |  |  | — |  |  | 21,975 |
RLEC & Other | 11,208 |  |  | — |  |  | — |  |  | 11,208 |
Tower lease | — |  |  | 8,525 |  |  | — |  |  | 8,525 |
Service revenue and other | 164,885 |  |  | 8,525 |  |  | — |  |  | 173,410 |
Revenue for service provided to the discontinued Wireless operations | 4,409 |  |  | 5,203 |  |  | (387) |  |  | 9,225 |
Total revenue | 169,294 |  |  | 13,728 |  |  | (387) |  |  | 182,635 |
Operating expenses |  |  |  |  |  |  |
Cost of services | 69,275 |  |  | 4,070 |  |  | (301) |  |  | 73,044 |
Selling, general and administrative | 35,429 |  |  | 886 |  |  | 24,396 |  |  | 60,711 |
Restructuring expense | 203 |  |  | — |  |  | 1,618 |  |  | 1,821 |
Depreciation and amortization | 35,747 |  |  | 1,398 |  |  | 3,668 |  |  | 40,813 |
Total operating expenses | 140,654 |  |  | 6,354 |  |  | 29,381 |  |  | 176,389 |
Operating income (loss) | $ | 28,640 |  |  | $ | 7,374 |  |  | $ | (29,768) |  |  | $ | 6,246 |
Nine Months Ended September 30, 2020:
(in thousands) | Broadband |  | Tower |  | Corporate & Eliminations |  | Consolidated
External revenue |  |  |  |  |  |  |
Residential & SMB | $ | 114,170 |  |  | $ | — |  |  | $ | — |  |  | $ | 114,170 |
Commercial Fiber | 17,762 |  |  | — |  |  | — |  |  | 17,762 |
RLEC & Other | 11,880 |  |  | — |  |  | — |  |  | 11,880 |
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) |
A reconciliation of the total of the reportable segments’ operating income to consolidated income before taxes is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2021 |  | 2020 |  | 2021 |  | 2020
Total consolidated operating income (loss) | $ | 1,172 |  |  | $ | 470 |  |  | $ | 6,246 |  |  | $ | (2,761) |
Other income, net | 138 |  |  | 1,083 |  |  | 3,076 |  |  | 3,103 |
Income (loss) from continuing operations before income taxes | $ | 1,310 |  |  | $ | 1,553 |  |  | $ | 9,322 |  |  | $ | 342 |
The Company’s chief operating decision maker (CODM) does not currently review total assets by segment since the assets are centrally managed and some of the assets are shared by the segments, accordingly total assets by segment are not provided.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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