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SEGMENT REPORTING | 12 Months Ended
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Dec. 31, 2017
SEGMENT REPORTING |
SEGMENT REPORTING | 16. SEGMENT REPORTING The Company has the following three reportable and operating segments: i) U.S. Telecom, ii) International Telecom, and iii) Renewable Energy. The following tables provide information for each operating segment (in thousands):
For the Year Ended December 31, 2017
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 140,636 |  | $ | 81,404 |  | $ | — |  | $ | — |  | $ | 222,040
Wireline |  |  | 12,656 |  |  | 213,107 |  |  | — |  |  | — |  |  | 225,763
Renewable Energy |  |  | — |  |  | — |  |  | 20,467 |  |  | — |  |  | 20,467
Equipment and Other |  |  | 2,432 |  |  | 10,092 |  |  | 399 |  |  | — |  |  | 12,923
Total Revenue |  |  | 155,724 |  |  | 304,603 |  |  | 20,866 |  |  | — |  |  | 481,193
Depreciation and amortization |  |  | 25,601 |  |  | 50,007 |  |  | 6,667 |  |  | 4,659 |  |  | 86,934
Non-cash stock-based compensation |  |  | — |  |  | 188 |  |  | 114 |  |  | 6,675 |  |  | 6,977
Operating income (loss) |  |  | 55,317 |  |  | 28,468 |  |  | 5,179 |  |  | (33,496) |  |  | 55,468
For the Year Ended December 31, 2016
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 148,053 |  | $ | 80,745 |  | $ | — |  | $ | — |  | $ | 228,798
Wireline |  |  | 26,448 |  |  | 161,571 |  |  | — |  |  | — |  |  | 188,019
Renewable Energy |  |  | — |  |  | — |  |  | 21,608 |  |  | — |  |  | 21,608
Equipment and Other |  |  | 2,225 |  |  | 15,960 |  |  | 393 |  |  | — |  |  | 18,578
Total Revenue |  |  | 176,726 |  |  | 258,276 |  |  | 22,001 |  |  | — |  |  | 457,003
Depreciation and amortization |  |  | 24,471 |  |  | 40,492 |  |  | 4,987 |  |  | 6,030 |  |  | 75,980
Non-cash stock-based compensation |  |  | — |  |  | 22 |  |  | 114 |  |  | 6,274 |  |  | 6,410
Operating income (loss) |  |  | 49,078 |  |  | 35,436 |  |  | (246) |  |  | (34,471) |  |  | 49,797
For the Year Ended December 31, 2015
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 155,390 |  | $ | 81,652 |  | $ | — |  | $ | — |  | $ | 237,042
Wireline |  |  | 25,241 |  |  | 61,244 |  |  | — |  |  | — |  |  | 86,485
Renewable Energy |  |  | — |  |  | — |  |  | 21,040 |  |  | — |  |  | 21,040
Equipment and Other |  |  | 2,355 |  |  | 8,447 |  |  | — |  |  | — |  |  | 10,802
Total Revenue |  |  | 182,986 |  |  | 151,343 |  |  | 21,040 |  |  | — |  |  | 355,369
Depreciation and amortization |  |  | 22,239 |  |  | 24,883 |  |  | 4,820 |  |  | 4,948 |  |  | 56,890
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | 267 |  |  | 4,708 |  |  | 4,975
Operating income (loss) |  |  | 74,459 |  |  | 28,200 |  |  | 6,720 |  |  | (30,784) |  |  | 78,595
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 19,585 |  | $ | 110,700 |  | $ | 8,120 |  | $ | 76,627 |  | $ | 215,032
Total current assets |  |  | 40,975 |  |  | 190,396 |  |  | 18,060 |  |  | 93,497 |  |  | 342,928
Fixed assets, net |  |  | 99,462 |  |  | 367,485 |  |  | 158,447 |  |  | 17,752 |  |  | 643,146
Goodwill |  |  | 35,269 |  |  | 25,421 |  |  | 3,280 |  |  | — |  |  | 63,970
Total assets |  |  | 200,142 |  |  | 629,007 |  |  | 192,406 |  |  | 184,050 |  |  | 1,205,605
Total current liabilities |  |  | 41,248 |  |  | 91,887 |  |  | 14,754 |  |  | 13,816 |  |  | 161,705
Total debt |  |  | — |  |  | 94,577 |  |  | 61,215 |  |  | — |  |  | 155,792
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 22,235 |  | $ | 97,681 |  | $ | 27,378 |  | $ | 131,664 |  | $ | 278,958
Total current assets |  |  | 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 |  |  | Corporate and |  |  |  |  |
Year ended December 31, |  |  | Telecom |  |  | Telecom |  |  | Energy |  |  | Other (1) |  |  | Consolidated |  |
2017 |  | $ | 22,230 |  | $ | 80,912 |  | $ | 32,738 |  | $ | 6,491 |  | $ | 142,371 |  |
2016 |  |  | 31,983 |  |  | 62,808 |  |  | 22,615 |  |  | 6,876 |  |  | 124,282 |  |
| (1) |  | Reconciling items refer to corporate overhead expenses and consolidating adjustments.
The table below identifies the Company’s revenues and long-lived assets by geographic location. The Company attributes revenue to geographic location based on location of the customer (in thousands):
|  | 2017 |  | 2016 |  | 2015 |
|  |  |  | Long-Lived |  |  |  | Long-Lived |  |  |  | Long-Lived |
|  | Revenues |  | Assets |  | Revenues |  | Assets |  | Revenues |  | Assets |
U.S. |  | $ | 173,632 |  | $ | 358,032 |  | $ | 198,300 |  | $ | 265,528 |  | $ | 204,024 |  | $ | 247,169 |
Guyana |  |  | 93,524 |  |  | 129,909 |  |  | 91,653 |  |  | 132,609 |  |  | 88,894 |  |  | 109,829 |
U.S Virgin Islands |  |  | 83,194 |  |  | 137,018 |  |  | 58,431 |  |  | 110,773 |  |  | 11,542 |  |  | 9,621 |
Bermuda |  |  | 127,244 |  |  | 165,243 |  |  | 83,006 |  |  | 94,976 |  |  | 45,745 |  |  | 13,483 |
Other Foreign Countries |  |  | 3,599 |  |  | 71,282 |  |  | 25,613 |  |  | 76,575 |  |  | 5,164 |  |  | 927 |
|  | $ | 481,193 |  | $ | 861,484 |  | $ | 457,003 |  | $ | 680,461 |  | $ | 355,369 |  | $ | 381,029 |

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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