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SEGMENT REPORTING | 3 Months Ended
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Mar. 31, 2017
SEGMENT REPORTING |
SEGMENT REPORTING | 10. SEGMENT REPORTING The Company updated its reportable operating segments in the first quarter of 2016 to align with how management began to allocate resources and assess the performance of its business operations. The Company’s reportable segments consist of the following: i) U.S. Telecom, consisting of the Company’s former U.S. Wireless and U.S. Wireline segments, ii) International Telecom, consisting of the Company’s former Island Wireless and International Integrated Telephony segments and the results of its One Communications (formerly KeyTech, Ltd.) and Viya Acquisitions as discussed below, and iii) Renewable Energy, consisting of the Company’s former Renewable Energy segment and the results of its Vibrant Energy Acquisition. The following tables provide information for each operating segment (in thousands):
For the Three Months Ended March 31, 2017
|  | U.S. |  | International |  | Renewable |  | Reconciling |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Items (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 37,162 |  | $ | 19,068 |  | $ | — |  | $ | — |  | $ | 56,230
Wireline |  |  | 6,051 |  |  | 57,749 |  |  | — |  |  | — |  |  | 63,800
Renewable Energy |  |  | — |  |  | — |  |  | 4,900 |  |  | — |  |  | 4,900
Equipment and Other |  |  | 579 |  |  | 2,474 |  |  | 132 |  |  | — |  |  | 3,185
Total Revenue |  |  | 43,792 |  |  | 79,291 |  |  | 5,032 |  |  | — |  |  | 128,115
Depreciation and amortization |  |  | 6,551 |  |  | 13,117 |  |  | 1,454 |  |  | 1,372 |  |  | 22,494
Non-cash stock-based compensation |  |  | — |  |  | 129 |  |  | 29 |  |  | 1,508 |  |  | 1,666
Operating income (loss) |  |  | 16,617 |  |  | 9,966 |  |  | 1,441 |  |  | (10,231) |  |  | 17,793
For the Three Months Ended March 31, 2016
|  | U.S. |  | International |  | Renewable |  | Reconciling |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Items (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 39,464 |  | $ | 19,414 |  | $ | — |  | $ | — |  | $ | 58,878
Wireline |  |  | 6,046 |  |  | 16,399 |  |  | — |  |  | — |  |  | 22,445
Renewable Energy |  |  | — |  |  | — |  |  | 5,589 |  |  | — |  |  | 5,589
Equipment and Other |  |  | 688 |  |  | 2,086 |  |  | — |  |  | — |  |  | 2,774
Total Revenue |  |  | 46,198 |  |  | 37,899 |  |  | 5,589 |  |  | — |  |  | 89,686
Depreciation and amortization |  |  | 5,654 |  |  | 6,341 |  |  | 1,207 |  |  | 1,352 |  |  | 14,554
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | 28 |  |  | 1,700 |  |  | 1,728
Operating income (loss) |  |  | 16,746 |  |  | 7,737 |  |  | 63 |  |  | (8,653) |  |  | 15,893
(1) Reconciling items refer to corporate overhead costs and consolidating adjustments
|  | U.S. |  | International |  | Renewable |  | Reconciling |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Items (1) |  | Consolidated
March 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 16,143 |  | $ | 97,104 |  | $ | 18,312 |  | $ | 142,689 |  | $ | 274,248
Total current asset |  |  | 46,955 |  |  | 146,696 |  |  | 27,177 |  |  | 155,802 |  |  | 376,630
Fixed assets, net |  |  | 102,366 |  |  | 368,372 |  |  | 152,891 |  |  | 15,594 |  |  | 639,223
Goodwill |  |  | 35,268 |  |  | 24,326 |  |  | 3,279 |  |  | — |  |  | 62,873
Total assets |  |  | 209,026 |  |  | 595,135 |  |  | 198,858 |  |  | 190,381 |  |  | 1,193,400
Total current liabilities |  |  | 38,469 |  |  | 85,774 |  |  | 16,108 |  |  | 21,474 |  |  | 161,825
Total debt |  |  | — |  |  | 88,120 |  |  | 64,279 |  |  | — |  |  | 152,399
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 22,235 |  | $ | 97,681 |  | $ | 27,378 |  | $ | 131,664 |  | $ | 278,958
Total current asset |  |  | 50,983 |  |  | 143,201 |  |  | 37,440 |  |  | 135,745 |  |  | 367,369
Fixed assets, net |  |  | 129,274 |  |  | 372,741 |  |  | 130,268 |  |  | 15,429 |  |  | 647,712
Goodwill |  |  | 35,268 |  |  | 24,326 |  |  | 3,279 |  |  | — |  |  | 62,873
Total assets |  |  | 240,006 |  |  | 597,454 |  |  | 190,253 |  |  | 170,505 |  |  | 1,198,218
Total current liabilities |  |  | 23,162 |  |  | 95,502 |  |  | 12,603 |  |  | 18,838 |  |  | 150,105
Total debt |  |  | — |  |  | 91,316 |  |  | 65,507 |  |  | — |  |  | 156,823
|  |  | Capital Expenditures |
|  |  | U.S. |  |  | International |  |  | Renewable |  |  | Reconciling |  |  |  |  |
Three months ended March 31, |  |  | Telecom |  |  | Telecom |  |  | Energy |  |  | Items (1) |  |  | Consolidated |  |
2017 |  | $ | 6,044 |  | $ | 16,666 |  | $ | 21,788 |  | $ | 1,204 |  | $ | 45,702 |  |
2016 |  |  | 7,561 |  |  | 7,774 |  |  | — |  |  | 1,110 |  |  | 16,445 |  |
| (1) |  | Reconciling items refer to corporate overhead costs and consolidating adjustments.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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