XML 69 R16.htm IDEA: XBRL DOCUMENT v3.25.0.1
Other Assets and Accrued Liabilities
 12 Months Ended
Dec. 31, 2024
Other Liabilities Disclosure [Abstract]  
Other Assets and Accrued Liabilities Other Assets and Accrued Liabilities
Prepaid expenses and other, classified as current assets, included the following:
(in thousands)December 31,
2024		December 31,
2023
Prepaid maintenance expenses$7,437 $5,157 
Broadband contract acquisition costs3,165 2,675 
Interest rate swaps1,766 1,443 
Other4,914 2,507 
Prepaid expenses and other$17,282 $11,782 

Deferred charges and other assets, classified as long-term assets, included the following:
(in thousands)December 31,
2024		December 31,
2023
Broadband contract acquisition costs$7,086 $5,958 
Interest rate swaps721 798 
Prepaid expenses and other6,428 4,805 
Deferred charges and other assets$14,235 $11,561 
Accrued liabilities and other, classified as current liabilities, included the following:
(in thousands)December 31,
2024		December 31,
2023
Accrued programming costs$4,227 $3,209 
Other current liabilities7,873 4,538 
Accrued liabilities and other$12,100 $7,747 

Other liabilities, classified as long-term liabilities, included the following:
(in thousands)December 31,
2024		December 31,
2023
Noncurrent portion of deferred revenue$26,809 $14,670 
Noncurrent portion of finance leases1,567 1,395 
Other5,149 847 
Other liabilities$33,525 $16,912 

Implementation Activities

During 2024, as a result of the Horizon Transaction, we implemented an integration plan in which certain employees were notified their positions were being eliminated. Shentel incurred $2.9 million in severance expense, included in restructuring, integration and acquisition expense in the consolidated statements of operations, and made $2.1 million in severance payments for the year ended December 31, 2024.