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Segment Reporting
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Shentel has presented Residential & SMB - Cable Markets and Residential & SMB - Glo Fiber Markets separately for the three and nine months ended September 30, 2023. These revenues were previously reported in one line under the description “Residential & SMB”. Shentel has amended the presentation for the three and nine months ended September 30, 2022 for comparability.



Three Months Ended September 30, 2023:
(in thousands)BroadbandTowerCorporate & EliminationsConsolidated
External revenue
Residential & SMB - Cable Markets$43,679 $— $— $43,679 
Residential & SMB - Glo Fiber Markets9,325 — — 9,325 
Commercial Fiber10,415 — — 10,415 
Tower lease— 4,608 — 4,608 
RLEC & Other3,815 — — 3,815 
Service revenue and other67,234 4,608 — 71,842 
Intercompany revenue and other215 36 (251)— 
Total revenue67,449 4,644 (251)71,842 
Operating expenses
Cost of services26,266 1,694 (209)27,751 
Selling, general and administrative14,615 304 9,483 24,402 
Impairment expense1,532 — — 1,532 
Depreciation and amortization15,729 549 392 16,670 
Total operating expenses58,142 2,547 9,666 70,355 
Operating income (loss)$9,307 $2,097 $(9,917)$1,487 

Three Months Ended September 30, 2022:
(in thousands)BroadbandTowerCorporate & EliminationsConsolidated
External revenue
Residential & SMB - Cable Markets$43,805 $— $— $43,805 
Residential & SMB - Glo Fiber Markets4,895 — — 4,895 
Commercial Fiber9,522 — — 9,522 
Tower lease— 4,610 — 4,610 
RLEC & Other4,139 — — 4,139 
Service revenue and other62,361 4,610 — 66,971 
Intercompany revenue and other25 67 (139)(47)
Total revenue62,386 4,677 (139)66,924 
Operating expenses
Cost of services26,193 1,384 (100)27,477 
Selling, general and administrative13,946 258 8,023 22,227 
Restructuring expense169 — 472 641 
Impairment expense477 — — 477 
Depreciation and amortization16,791 445 637 17,873 
Total operating expenses57,576 2,087 9,032 68,695 
Operating income (loss)$4,810 $2,590 $(9,171)$(1,771)
Nine Months Ended September 30, 2023:
(in thousands)BroadbandTowerCorporate & EliminationsConsolidated
External revenue
Residential & SMB - Cable Markets$132,838 $— $— $132,838 
Residential & SMB - Glo Fiber Markets24,492 — — 24,492 
Commercial Fiber32,366 — — 32,366 
Tower lease— 13,861 — 13,861 
RLEC & Other11,312 — — 11,312 
Service revenue and other201,008 13,861 — 214,869 
Intercompany revenue and other321 112 (433)— 
Total revenue201,329 13,973 (433)214,869 
Operating expenses
Cost of services76,447 4,265 (318)80,394 
Selling, general and administrative46,110 1,103 29,489 76,702 
Impairment expense2,552 — — 2,552 
Depreciation and amortization45,902 1,600 1,135 48,637 
Total operating expenses171,011 6,968 30,306 208,285 
Operating income (loss)$30,318 $7,005 $(30,739)$6,584 

Nine Months Ended September 30, 2022:
(in thousands)BroadbandTowerCorporate & EliminationsConsolidated
External revenue
Residential & SMB - Cable Markets$131,141 $— $— $131,141 
Residential & SMB - Glo Fiber Markets12,371 — — 12,371 
Commercial Fiber27,924 — — 27,924 
Tower lease— 13,971 — 13,971 
RLEC & Other11,952 — — 11,952 
Service revenue and other183,388 13,971 — 197,359 
Intercompany revenue and other124 255 (379)— 
Total revenue183,512 14,226 (379)197,359 
Operating expenses
Cost of services76,801 4,054 (283)80,572 
Selling, general and administrative41,376 982 26,794 69,152 
Restructuring expense629 — 402 1,031 
Impairment expense4,884 — — 4,884 
Depreciation and amortization42,724 1,562 2,722 47,008 
Total operating expenses166,414 6,598 29,635 202,647 
Operating income (loss)$17,098 $7,628 $(30,014)$(5,288)
A reconciliation of the total of the reportable segments’ operating income (loss) to unaudited condensed consolidated income (loss) before income taxes is as follows:
 Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2023202220232022
Total consolidated operating income (loss) $1,487 $(1,771)$6,584 $(5,288)
Other income (expense), net826 (1,208)2,120 (1,967)
Income (loss) before income taxes$2,313 $(2,979)$8,704 $(7,255)

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.