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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2012
SEGMENT REPORTING  
SEGMENT REPORTING

10.  SEGMENT REPORTING

 

The Company has four reportable segments for separate disclosure in accordance with the FASB’s authoritative guidance on disclosures about segments of an enterprise. Those four segments are: i) U.S. Wireless, which generates all of its revenues in and has all of its assets located in the United States, ii) International Integrated Telephony, which generates all of its revenues in and has all of its assets located in Guyana, iii) Island Wireless, which generates all of its revenues in and has all of its assets located in Bermuda, the U.S. Virgin Islands, Aruba and Turks and Caicos and iv) U.S. Wireline, which generates all of its revenues in and has all of its assets located in the United States. The operating segments are managed separately because each offers different services and serves different markets.

 

The following tables provide information for each operating segment (in thousands):

 

 

 

For the Three Months Ended March 31, 2011

 

 

 

U.S. Wireless

 

International
Integrated
Telephony

 

Island
Wireless

 

U.S.
Wireline

 

Reconciling
Items

 

Consolidated

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Wireless:

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

 

$

99,669

 

$

—

 

$

—

 

$

—

 

$

—

 

$

99,669

 

Wholesale

 

44,697

 

—

 

—

 

—

 

—

 

44,697

 

International Wireless

 

—

 

6,661

 

7,402

 

—

 

—

 

14,063

 

Wireline

 

139

 

15,502

 

—

 

5,030

 

—

 

20,671

 

Equipment and Other

 

7,601

 

86

 

1,367

 

—

 

—

 

9,054

 

Total Revenue

 

152,106

 

22,249

 

8,769

 

5,030

 

—

 

188,154

 

Depreciation and amortization

 

17,408

 

4,547

 

1,870

 

786

 

197

 

24,808

 

Non-cash stock-based compensation

 

308

 

—

 

—

 

—

 

770

 

1,078

 

Operating income (loss)

 

10,427

 

6,244

 

(1,663

)

(40

)

(4,578

)

10,390

 

 

 

 

For the Three Months Ended March 31, 2012

 

 

 

U.S. Wireless

 

International
Integrated
Telephony

 

Island
Wireless

 

U.S.
Wireline

 

Reconciling
Items

 

Consolidated

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Wireless:

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

 

$

86,750

 

$

—

 

$

—

 

$

—

 

$

—

 

$

86,750

 

Wholesale

 

47,384

 

—

 

—

 

—

 

—

 

47,384

 

International Wireless

 

—

 

6,348

 

12,607

 

—

 

—

 

18,955

 

Wireline

 

144

 

16,574

 

—

 

4,830

 

—

 

21,548

 

Equipment and Other

 

6,604

 

432

 

1,217

 

—

 

—

 

8,253

 

Total Revenue

 

140,882

 

23,354

 

13,824

 

4,830

 

—

 

182,890

 

Depreciation and amortization

 

18,701

 

4,528

 

2,786

 

746

 

263

 

27,024

 

Non-cash stock-based compensation

 

58

 

—

 

—

 

—

 

1,037

 

1,095

 

Operating income (loss)

 

18,922

 

6,236

 

(1,611

)

(423

)

(4,965

)

18,159

 

 

 

 

Segment Assets

 

 

 

U.S. Wireless

 

International
Integrated
Telephony

 

Island
Wireless

 

U.S.
Wireline

 

Reconciling
Items

 

Consolidated

 

December 31, 2011:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net fixed assets

 

$

296,279

 

$

129,069

 

$

40,446

 

$

9,126

 

$

8,283

 

$

483,203

 

Goodwill

 

32,148

 

—

 

5,438

 

7,491

 

—

 

45,077

 

Total assets

 

544,388

 

171,676

 

84,057

 

22,790

 

50,820

 

873,731

 

March 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net fixed assets

 

$

285,588

 

126,591

 

38,375

 

10,310

 

9,108

 

469,972

 

Goodwill

 

32,148

 

—

 

5,438

 

7,491

 

—

 

45,077

 

Total assets

 

537,306

 

175,703

 

81,077

 

23,257

 

53,531

 

870,874

 

 

 

 

Capital Expenditures

 

 

 

U.S. Wireless

 

International
Integrated
Telephony

 

Island
Wireless

 

U.S.
Wireline

 

Reconciling
Items

 

Consolidated

 

Three Months Ended March 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

$

10,940

 

$

2,167

 

$

1,692

 

$

586

 

$

885

 

$

16,270

 

2012

 

12,547

 

2,561

 

1,430

 

1,859

 

658

 

19,055