XML 59 R42.htm IDEA: XBRL DOCUMENT
v3.10.0.1

SEGMENT REPORTING (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
SEGMENT REPORTING |
Schedule of information for each operating segment | The following tables provide information for each operating segment (in thousands):
For the Year Ended December 31, 2018
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 108,878 |  | $ | 89,946 |  | $ | — |  | $ | — |  | $ | 198,824
Wireline |  |  | 6,602 |  |  | 223,623 |  |  | — |  |  | — |  |  | 230,225
Renewable Energy |  |  | — |  |  | — |  |  | 22,158 |  |  | — |  |  | 22,158
Total Revenue |  |  | 115,480 |  |  | 313,569 |  |  | 22,158 |  |  | — |  |  | 451,207
Depreciation and amortization |  |  | 24,615 |  |  | 48,889 |  |  | 6,589 |  |  | 5,626 |  |  | 85,719
Non-cash stock-based compensation |  |  | — |  |  | 88 |  |  | 105 |  |  | 6,227 |  |  | 6,420
Operating income (loss) |  |  | 36,813 |  |  | 45,022 |  |  | 13,440 |  |  | (34,252) |  |  | 61,023
For the Year Ended December 31, 2017
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 143,028 |  | $ | 89,473 |  | $ | — |  | $ | — |  | $ | 232,501
Wireline |  |  | 12,695 |  |  | 215,132 |  |  | — |  |  | — |  |  | 227,827
Renewable Energy |  |  | — |  |  | — |  |  | 20,865 |  |  | — |  |  | 20,865
Total Revenue |  |  | 155,723 |  |  | 304,605 |  |  | 20,865 |  |  | — |  |  | 481,193
Depreciation and amortization |  |  | 25,601 |  |  | 50,007 |  |  | 6,668 |  |  | 4,658 |  |  | 86,934
Non-cash stock-based compensation |  |  | — |  |  | 188 |  |  | 114 |  |  | 6,675 |  |  | 6,977
Operating income (loss) |  |  | 55,317 |  |  | 28,308 |  |  | 5,179 |  |  | (33,496) |  |  | 55,308
For the Year Ended December 31, 2016
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 150,044 |  | $ | 94,360 |  | $ | — |  | $ | — |  | $ | 244,404
Wireline |  |  | 26,683 |  |  | 163,915 |  |  | — |  |  | — |  |  | 190,598
Renewable Energy |  |  | — |  |  | — |  |  | 22,001 |  |  | — |  |  | 22,001
Total Revenue |  |  | 176,727 |  |  | 258,275 |  |  | 22,001 |  |  | — |  |  | 457,003
Depreciation and amortization |  |  | 24,470 |  |  | 40,493 |  |  | 4,987 |  |  | 6,030 |  |  | 75,980
Non-cash stock-based compensation |  |  | — |  |  | 22 |  |  | 114 |  |  | 6,274 |  |  | 6,410
Operating income (loss) |  |  | 49,078 |  |  | 36,910 |  |  | (246) |  |  | (34,472) |  |  | 51,270
|  | U.S. |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 19,118 |  | $ | 32,390 |  | $ | 62,678 |  | $ | 78,043 |  | $ | 192,229
Total current assets |  |  | 36,801 |  |  | 75,304 |  |  | 80,553 |  |  | 83,107 |  |  | 275,765
Fixed assets, net |  |  | 78,102 |  |  | 482,770 |  |  | 45,599 |  |  | 20,381 |  |  | 626,852
Goodwill |  |  | 35,269 |  |  | 25,421 |  |  | 3,280 |  |  | — |  |  | 63,970
Total assets |  |  | 172,634 |  |  | 622,454 |  |  | 130,427 |  |  | 181,789 |  |  | 1,107,304
Total current liabilities |  |  | 15,783 |  |  | 82,575 |  |  | 3,465 |  |  | 38,827 |  |  | 140,650
Total debt |  |  | — |  |  | 90,970 |  |  | 12 |  |  | — |  |  | 90,982
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
|  |  | Capital Expenditures |
|  |  | U.S. |  |  | International |  |  | Renewable |  |  | Corporate and |  |  |  |  |
Year ended December 31, |  |  | Telecom |  |  | Telecom |  |  | Energy |  |  | Other (1) |  |  | Consolidated |  |
2018 |  | $ | 13,389 |  | $ | 160,013 | (2) | $ | 4,515 |  | $ | 8,004 |  | $ | 185,921 |  |
2017 |  |  | 22,230 |  |  | 80,912 |  |  | 32,738 |  |  | 6,491 |  |  | 142,371 |  |
| (1) |  | Reconciling items refer to corporate overhead expenses and consolidating adjustments.
| (2) |  | Includes $80.2 million of expenditures used to rebuild the Company’s damaged networks in the U.S. Virgin Islands which was impacted by the Hurricanes. These expenditures were financed, in part, by the $34.6 million of insurance proceeds the Company received during the first quarter of 2018.
Schedule of revenues and long lived assets by geographic location | 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):
|  | 2018 |  | 2017 |  | 2016 |
|  |  |  | Long-Lived |  |  |  | Long-Lived |  |  |  | Long-Lived |
|  | Revenues |  | Assets |  | Revenues |  | Assets |  | Revenues |  | Assets |
U.S. |  | $ | 132,288 |  | $ | 234,514 |  | $ | 173,632 |  | $ | 358,032 |  | $ | 198,300 |  | $ | 265,528 |
Guyana |  |  | 102,056 |  |  | 151,084 |  |  | 93,524 |  |  | 129,909 |  |  | 91,653 |  |  | 132,609 |
U.S Virgin Islands |  |  | 79,785 |  |  | 216,173 |  |  | 83,194 |  |  | 137,018 |  |  | 58,431 |  |  | 110,773 |
Bermuda |  |  | 103,281 |  |  | 137,992 |  |  | 127,244 |  |  | 165,243 |  |  | 83,006 |  |  | 94,976 |
Other Foreign Countries |  |  | 33,797 |  |  | 91,774 |  |  | 3,599 |  |  | 71,282 |  |  | 25,613 |  |  | 76,575 |
|  | $ | 451,207 |  | $ | 831,538 |  | $ | 481,193 |  | $ | 861,484 |  | $ | 457,003 |  | $ | 680,461 |

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration