XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.2

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Selected Financial Data for Segments

Three Months Ended June 30, 2022:

(in thousands)			Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Residential & SMB			$	47,899					$	—					$	—					$	47,899
Commercial Fiber			9,340						—						—						9,340
RLEC & Other			4,124						—						—						4,124
Tower lease			—						4,615						—						4,615
Service revenue and other			61,363						4,615						—						65,978
Intercompany revenue and other			49						87						(93)						43
Total revenue			61,412						4,702						(93)						66,021
Operating expenses
Cost of services			25,440						1,378						(62)						26,756
Selling, general and administrative			13,958						406						8,726						23,090
Restructuring expense			443						—						11						454
Impairment expense			4,068						—						—						4,068
Depreciation and amortization			13,396						633						761						14,790
Total operating expenses			57,305						2,417						9,436						69,158
Operating income (loss)			$	4,107					$	2,285					$	(9,529)					$	(3,137)

Three Months Ended June 30, 2021:

(in thousands)			Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Residential & SMB			$	43,989					$	—					$	—					$	43,989
Commercial Fiber			6,531						—						—						6,531
RLEC & Other			3,605						—						—						3,605
Tower lease			—						2,019						—						2,019
Service revenue and other			54,125						2,019						—						56,144
Intercompany revenue and other			2,102						2,595						(141)						4,556
Total revenue			56,227						4,614						(141)						60,700
Operating expenses
Cost of services			23,440						1,318						(110)						24,648
Selling, general and administrative			12,806						338						7,176						20,320
Restructuring expense			27						—						16						43
Depreciation and amortization			11,775						449						1,075						13,299
Total operating expenses			48,048						2,105						8,157						58,310
Operating income (loss)			$	8,179					$	2,509					$	(8,298)					$	2,390

Six Months Ended June 30, 2022:

(in thousands)			Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Residential & SMB			$	94,812					$	—					$	—					$	94,812
Commercial Fiber			18,402						—						—						18,402
RLEC & Other			7,813						—						—						7,813
Tower lease			—						9,361						—						9,361
Service revenue and other			121,027						9,361						—						130,388
Intercompany revenue and other			99						188						(240)						47
Total revenue			121,126						9,549						(240)						130,435
Operating expenses
Cost of services			50,608						2,670						(183)						53,095
Selling, general and administrative			27,430						724						18,771						46,925
Restructuring expense			460						—						(70)						390
Impairment expense			4,407						—						—						4,407
Depreciation and amortization			25,933						1,117						2,085						29,135
Total operating expenses			108,838						4,511						20,603						133,952
Operating income (loss)			$	12,288					$	5,038					$	(20,843)					$	(3,517)

Six Months Ended June 30, 2021:

(in thousands)			Broadband						Tower						Corporate & Eliminations						Consolidated
External revenue
Residential & SMB			$	86,919					$	—					$	—					$	86,919
Commercial Fiber			12,916						—						—						12,916
RLEC & Other			7,236						—						—						7,236
Tower lease			—						4,169						—						4,169
Service revenue and other			107,071						4,169						—						111,240
Intercompany revenue and other			4,310						5,110						(269)						9,151
Total revenue			111,381						9,279						(269)						120,391
Operating expenses
Cost of services			45,717						2,566						(211)						48,072
Selling, general and administrative			23,531						572						16,370						40,473
Restructuring expense			132						—						529						661
Impairment expense			99						—						—						99
Depreciation and amortization			23,437						930						2,099						26,466
Total operating expenses			92,916						4,068						18,787						115,771
Operating income (loss)			$	18,465					$	5,211					$	(19,056)					$	4,620

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of the total of the reportable segments’ operating income (loss) to unaudited consolidated (loss) income for continuing operations before income taxes is as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
(in thousands)			2022						2021						2022						2021
Total consolidated operating income (loss)			$	(3,137)					$	2,390					$	(3,517)					$	4,620
Other (expense) income, net			(589)						1,338						(759)						2,938
Income (loss) from continuing operations before income taxes			$	(3,726)					$	3,728					$	(4,276)					$	7,558

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration