XML 46 R44.htm IDEA: XBRL DOCUMENT
v2.4.1.9

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
QUARTERLY FINANCIAL DATA (UNAUDITED) |
Summary of the Company's quarterly results of operations | Following is a summary of the Company's quarterly results of operations for the years ended December 31, 2013 and 2014 (in thousands):
|  | 2013 Consolidated for the Three Months Ended |
|  | March 31 |  | June 30 |  | September 30 |  | December 31 |
Total revenue |  | $ | 64,832 |  | $ | 71,625 |  | $ | 79,350 |  |  | 77,028 |
Operating expenses |  |  | 52,754 |  |  | 55,719 |  |  | 59,312 |  |  | 60,965 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from operations |  |  | 12,078 |  |  | 15,906 |  |  | 20,038 |  |  | 16,063 |
Other income (expense), net |  |  | (2,249 | ) |  | (2,707 | ) |  | (13,042 | ) |  | 386 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations before income taxes |  |  | 9,829 |  |  | 13,199 |  |  | 6,996 |  |  | 16,449 |
Income taxes |  |  | 3,945 |  |  | 4,868 |  |  | 2,481 |  |  | (1,758 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations |  |  | 5,884 |  |  | 8,331 |  |  | 4,515 |  |  | 18,207 |
Income from discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from discontinued operations, net of tax |  |  | 4,034 |  |  | 3,092 |  |  | (1,960 | ) |  | — |
Gain on sale of discontinued operations, net of tax |  |  | — |  |  | — |  |  | 305,197 |  |  | 1,905 |
Income from discontinued operations, net of tax |  |  | 4,034 |  |  | 3,092 |  |  | 303,237 |  |  | 1,905 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income |  |  | 9,918 |  |  | 11,423 |  |  | 307,752 |  |  | 20,112 |
Net income attributable to non-controlling interests, net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | (1,055 | ) |  | (1,934 | ) |  | (2,945 | ) |  | (2,055 | )
Discontinued operations |  |  | (87 | ) |  | (630 | ) |  | 116 |  |  | — |
Disposal of discontinued operations |  |  | — |  |  | — |  |  | (28,699 | ) |  | (200 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | (1,142 | ) |  | (2,564 | ) |  | (31,528 | ) |  | (2,255 | )
Net income attributable to Atlantic Tele-Network, Inc. stockholders |  |  | 8,776 |  |  | 8,859 |  |  | 276,224 |  |  | 17,857 |
Net income per weighted average basic share attributable to Atlantic Tele-Network, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.31 |  |  | 0.41 |  |  | 0.10 |  |  | 1.02 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  | 0.25 |  |  | 0.16 |  |  | (0.12 | ) |  | — |
Gain on sale of discontinued operations |  |  | — |  |  | — |  |  | 17.57 |  |  | 0.15 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total discontinued operations |  |  | 0.25 |  |  | 0.16 |  |  | 17.45 |  |  | 0.15 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  | 0.56 |  |  | 0.57 |  |  | 17.55 |  |  | 1.17 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income per weighted average diluted share attributable to Atlantic Tele-Network, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.31 |  |  | 0.40 |  |  | 0.10 |  |  | 1.02 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  | 0.25 |  |  | 0.16 |  |  | (0.12 | ) |  | — |
Gain on Sale of discontinued operations |  |  | — |  |  | — |  |  | 17.45 |  |  | 0.14 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total discontinued operations |  |  | 0.25 |  |  | 0.16 |  |  | 17.33 |  |  | 0.14 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  | 0.56 |  |  | 0.56 |  |  | 17.43 |  |  | 1.16 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | 2014 Consolidated for the Three Months Ended |
|  | March 31 |  | June 30 |  | September 30 |  | December 31 |
Total revenue |  | $ | 75,174 |  | $ | 83,269 |  | $ | 89,393 |  |  | 88,511 |
Operating expenses |  |  | 58,926 |  |  | 61,662 |  |  | 61,235 |  |  | 68,948 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from operations |  |  | 16,248 |  |  | 21,607 |  |  | 28,158 |  |  | 19,563 |
Other income (expense), net |  |  | (295 | ) |  | 53 |  |  | 325 |  |  | 509 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations before income taxes |  |  | 15,953 |  |  | 21,660 |  |  | 28,483 |  |  | 20,072 |
Income taxes |  |  | 5,552 |  |  | 7,338 |  |  | 9,569 |  |  | 5,689 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations |  |  | 10,401 |  |  | 14,322 |  |  | 18,914 |  |  | 14,383 |
Income from discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from discontinued operations, net of tax |  |  | — |  |  | — |  |  | — |  |  | — |
Gain on sale of discontinued operations, net of tax |  |  | — |  |  | — |  |  | — |  |  | 1,102 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from discontinued operations, net of tax |  |  | — |  |  | — |  |  | — |  |  | 1,102 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income |  |  | 10,401 |  |  | 14,322 |  |  | 18,914 |  |  | 15,485 |
Net income attributable to non-controlling interests, net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | (2,560 | ) |  | (2,809 | ) |  | (2,747 | ) |  | (2,854 | )
Discontinued operations |  |  | — |  |  | — |  |  | — |  |  | — |
Disposal of discontinued operations |  |  | — |  |  | — |  |  | — |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | (2,560 | ) |  | (2,809 | ) |  | (2,747 | ) |  | (2,854 | )
Net income attributable to Atlantic Tele-Network, Inc. stockholders |  |  | 7,841 |  |  | 11,513 |  |  | 16,167 |  |  | 12,631 |
Net income per weighted average basic share attributable to Atlantic Tele-Network, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.50 |  |  | 0.72 |  |  | 1.02 |  |  | 0.72 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  | — |  |  | — |  |  | — |  |  | — |
Gain on sale of discontinued operations |  |  | — |  |  | — |  |  | — |  |  | 0.07 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total discontinued operations |  |  | — |  |  | — |  |  | — |  |  | 0.07 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  | 0.50 |  |  | 0.72 |  |  | 1.02 |  |  | 0.79 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income per weighted average diluted share attributable to Atlantic Tele-Network, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.49 |  |  | 0.72 |  |  | 1.01 |  |  | 0.72 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  | — |  |  | — |  |  | — |  |  | — |
Gain on Sale of discontinued operations |  |  | — |  |  | — |  |  | — |  |  | 0.07 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total discontinued operations |  |  | — |  |  | — |  |  | — |  |  | 0.07 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  | 0.49 |  |  | 0.72 |  |  | 1.01 |  |  | 0.79 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration