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QUARTERLY FINANCIAL DATA (UNAUDITED) | 12 Months Ended
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Dec. 31, 2017
QUARTERLY FINANCIAL DATA (UNAUDITED) |
QUARTERLY FINANCIAL DATA (UNAUDITED) | 17. QUARTERLY FINANCIAL DATA (UNAUDITED) Following is a summary of the Company’s quarterly results of operations for the years ended December 31, 2017 and 2016 (in thousands):
|  | 2017 Consolidated for the Three Months Ended
|  | March 31 |  | June 30 |  | September 30 |  | December 31
Total revenue |  | $ | 128,115 |  | $ | 123,245 |  | $ | 122,132 |  | $ | 107,701
Operating expenses |  |  | 110,322 |  |  | 107,402 |  |  | 141,657 |  |  | 66,344
Income from operations |  |  | 17,793 |  |  | 15,843 |  |  | (19,525) |  |  | 41,357
Other income (expense), net |  |  | (3,081) |  |  | (2,338) |  |  | (2,335) |  |  | (161)
Income (loss) from continuing operations before income taxes |  |  | 14,712 |  |  | 13,505 |  |  | (21,860) |  |  | 41,196
Income taxes |  |  | 3,128 |  |  | 2,596 |  |  | (884) |  |  | (6,181)
Net income (loss) |  |  | 11,584 |  |  | 10,909 |  |  | (20,976) |  |  | 47,377
Net income attributable to non-controlling interests, net of tax: |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | (4,725) |  |  | (5,026) |  |  | (3,784) |  |  | (3,871)
Net income (loss) attributable to ATN International, Inc. stockholders |  |  | 6,859 |  |  | 5,883 |  |  | (24,760) |  |  | 43,506
Net income (loss) per weighted average basic share attributable to ATN International, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.42 |  |  | 0.36 |  |  | (1.53) |  |  | 2.71
Total |  |  | 0.42 |  |  | 0.36 |  |  | (1.53) |  |  | 2.71
Net income (loss) per weighted average diluted share attributable to ATN International, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.42 |  |  | 0.36 |  |  | (1.53) |  |  | 2.71
Total |  |  | 0.42 |  |  | 0.36 |  |  | (1.53) |  |  | 2.71
|  | 2016 Consolidated for the Three Months Ended |
|  | March 31 |  | June 30 |  | September 30 |  | December 31 |
Total revenue |  | $ | 89,686 |  | $ | 99,991 |  | $ | 138,795 |  | $ | 128,531 |
Operating expenses |  |  | 73,793 |  |  | 98,079 |  |  | 116,714 |  |  | 118,620 |
Income from operations |  |  | 15,893 |  |  | 1,912 |  |  | 22,081 |  |  | 9,911 |
Other income (expense), net |  |  | (464) |  |  | (853) |  |  | (785) |  |  | (2,321) |
Income from continuing operations before income taxes |  |  | 15,429 |  |  | 1,059 |  |  | 21,296 |  |  | 7,590 |
Income taxes |  |  | 4,631 |  |  | 2,945 |  |  | 9,602 |  |  | 3,982 |
Net income (loss) |  |  | 10,798 |  |  | (1,886) |  |  | 11,694 |  |  | 3,608 |
Net income attributable to non-controlling interests, net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | (4,678) |  |  | (1,200) |  |  | (4,523) |  |  | (1,712) |
Net income (loss) attributable to ATN International, Inc. stockholders |  |  | 6,120 |  |  | (3,086) |  |  | 7,171 |  |  | 1,896 |
Net income (loss) per weighted average basic share attributable to ATN International, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.38 |  |  | (0.19) |  |  | 0.44 |  |  | 0.12 |
Total |  |  | 0.38 |  |  | (0.19) |  |  | 0.44 |  |  | 0.12 |
Net income (loss) per weighted average diluted share attributable to ATN International, Inc. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.38 |  |  | (0.19) |  |  | 0.44 |  |  | 0.12 |
Total |  |  | 0.38 |  |  | (0.19) |  |  | 0.44 |  |  | 0.12 |
During the three months ended December 31, 2016, the Company recognized an approximate $0.8 million charge to correct for a $0.3 million understatement of expense related primarily to the nine months ended September 30, 2016 in our International Telecom segment and a $0.5 million reduction to revenue primarily related to the nine months ended September 30, 2016 in our Renewable Energy segment. The Company determined that the impact of the correction of these errors was not material to the current or any prior period financial statements.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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