XML 29 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2013
SEGMENT REPORTING  
SEGMENT REPORTING

16. 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 a majority of its revenues in, and has a majority of its assets located in, Bermuda and which also generates revenues in and has assets located in 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 Year Ended December 31, 2011  
 
   U.S.
Wireless		   International
Integrated
Telephony		   Island
Wireless		   U.S.
Wireline		   Reconciling
Items		   Consolidated  

Revenue

                                      

U.S. Wireless

   $ 98,704   $ —   $ —   $ —   $ —   $ 98,704  

International Wireless

     —     27,138     45,866     —     —     73,004  

Wireline

     556     64,471     —     19,930     —     84,957  

Equipment and Other

     —     832     5,310     —     —     6,142  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total Revenue

     99,260     92,441     51,176     19,930     —     262,807  

Depreciation and amortization

     18,266     18,058     9,855     3,182     1,889     51,250  

Non-cash stock-based compensation

     —     —     —     —     2,766     2,766  

Operating income (loss)

     41,021     26,734     (7,728 )   255     (16,920 )   43,362  


 

For the Year Ended December 31, 2012  
 
   U.S.
Wireless		   International
Integrated
Telephony		   Island
Wireless		   U.S.
Wireline		   Reconciling
Items		   Consolidated  

Revenue

                                      

U.S. Wireless

   $ 102,817   $ —   $ —   $ —   $ —   $ 102,817  

International Wireless

     —     27,084     54,379     —     —     81,463  

Wireline

     603     65,313     —     19,608     —     85,524  

Equipment and Other

     348     1,738     5,717     189     —     7,992  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total Revenue

     103,768     94,135     60,096     19,797     —     277,796  

Depreciation and amortization

     16,072     17,963     11,067     2,860     2,625     50,587  

Non-cash stock-based compensation

     —     —     —     —     3,324     3,324  

Operating income (loss)

     60,290     23,203     (3,334 )   (2,481 )   (21,040 )   56,638  

For the Year Ended December 31, 2013  
 
   U.S.
Wireless		   International
Integrated
Telephony		   Island
Wireless		   U.S.
Wireline		   Reconciling
Items		   Consolidated  

Revenue

                                      

U.S. Wireless

   $ 107,930   $ —   $ —   $ —   $ —   $ 107,930  

International Wireless

     —     30,334     61,098     —     —     91,432  

Wireline

     610     61,475     —     22,500     —     84,585  

Equipment and Other

     465     1,637     6,555     231     —     8,888  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total Revenue

     109,005     93,446     67,653     22,731     —     292,835  

Depreciation and amortization

     14,308     17,975     10,305     3,182     2,967     48,737  

Non-cash stock-based compensation

     —     —     —     —     3,805     3,805  

Operating income (loss)

     54,867     28,212     8,610     (1,076 )   (25,978 )   64,085  


 

 
   U.S.
Wireless		   International
Integrated
Telephony		   Island
Wireless		   U.S.
Wireline		   Reconciling
Items		   Consolidated  

December 31, 2012:

                                      

Net fixed assets

   $ 47,148   $ 127,988   $ 33,745   $ 17,489   $ 11,954   $ 238,324  

Goodwill

     32,148     —     5,438     7,491     —     45,077  

Total assets

     161,038     193,153     77,120     30,888     448,676 (1)   910,875  

December 31, 2013:

                                      

Net fixed assets

   $ 73,592   $ 118,917   $ 29,310   $ 26,082   $ 6,731   $ 254,632  

Goodwill

     32,148     —     5,438     7,491     —     45,077  

Total assets

     146,346     197,903     74,427     45,351     395,692 (1)   859,719  
(1)
Includes $380,765 and $4,748 of assets associated with our discontinued operations as of December 31, 2012 and 2013 respectively.

 
   Capital Expenditures  
Year Ended December 31,
  U.S.
Wireless		   International
Integrated
Telephony		   Island
Wireless		   U.S.
Wireline		   Reconciling
Items		   Consolidated  

2011

     7,773     19,317     7,485     3,336     3,420     41,331  

2012

     9,792     14,369     4,529     10,508     2,956     42,154  

2013

     34,895     12,452     5,536     12,552     3,881     69,316  

        Reconciling items refer to corporate overhead matters and consolidating adjustments.