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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 8,038 $ (8,379) $ 998,831
Income from discontinued operations, net of tax 0 0 990,902
Income (loss) from continuing operations 8,038 (8,379) 7,929
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 64,981 68,175 54,389
Amortization of intangible assets 490 724 817
Accretion of asset retirement obligations 621 531 421
Provision for credit losses 2,898 1,972 1,028
Stock-based compensation expense, net of amount capitalized 10,033 8,528 3,408
Deferred income taxes 2,973 (1,414) 22,263
Impairment expense 2,552 5,241 5,986
Gain on sale of FCC spectrum licenses (1,328) 0 0
Other, net (504) 427 2,208
Changes in assets and liabilities:      
Accounts receivable (189) (583) 163
Current income taxes 25,064 434 (25,149)
Operating lease right-of-use assets 3,614 6,322 4,779
Other assets 5,043 (451) (7,005)
Accounts payable (2,869) 19 2,976
Lease liabilities (3,098) (5,471) (4,333)
Other deferrals and accruals (4,545) (1,180) (6,427)
Net cash provided by operating activities - continuing operations 113,774 74,895 63,453
Net cash used in operating activities - discontinued operations 0 0 (314,387)
Net cash provided by (used in) operating activities 113,774 74,895 (250,934)
Cash flows from investing activities:      
Capital expenditures (256,550) (189,609) (160,101)
Government grants received 1,904 0 0
Proceeds from the sale of FCC spectrum licenses 17,300 0 0
Refund received for deposit on FCC spectrum leases 0 3,996 0
Proceeds from sale of assets and other 655 1,434 366
Net cash used in investing activities - continuing operations (236,691) (184,179) (159,735)
Net cash provided by investing activities - discontinued operations 0 0 1,944,089
Net cash (used in) provided by investing activities (236,691) (184,179) 1,784,354
Cash flows from financing activities:      
Proceeds from credit facility borrowings 225,000 75,000 0
Payments for debt issuance costs (300) 0 (841)
Dividends paid, net of dividends reinvested (4,523) (3,991) (940,256)
Taxes paid for equity award issuances (1,387) (1,076) (1,627)
Payments for financing arrangements and other (679) (932) (1,193)
Net cash provided by (used in) financing activities - continuing operations 218,111 69,001 (943,917)
Net cash used in financing activities - discontinued operations 0 0 (700,556)
Net cash provided by (used in) financing activities 218,111 69,001 (1,644,473)
Net increase (decrease) in cash and cash equivalents 95,194 (40,283) (111,053)
Cash and cash equivalents, beginning of period 44,061 84,344 195,397
Cash and cash equivalents, end of period $ 139,255 $ 44,061 $ 84,344