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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2018
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, 2018 and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018 Consolidated for the Three Months Ended

 

 

    

March 31

    

June 30

    

September 30

    

December 31

 

Total revenue

 

$

104,475

 

$

117,788

 

$

121,138

 

$

107,806

 

Operating expenses

 

 

100,266

 

 

102,035

 

 

90,395

 

 

97,488

 

Income from operations

 

 

4,209

 

 

15,753

 

 

30,743

 

 

10,318

 

Other income (expense), net

 

 

(2,591)

 

 

(2,885)

 

 

(2,823)

 

 

1,018

 

Income from continuing operations before income taxes

 

 

1,618

 

 

12,868

 

 

27,920

 

 

11,336

 

Income taxes

 

 

3,921

 

 

2,088

 

 

7,010

 

 

5,851

 

Net income (loss)

 

 

(2,303)

 

 

10,780

 

 

20,910

 

 

5,485

 

Net income attributable to non-controlling interests, net of tax

 

 

(3,252)

 

 

(3,564)

 

 

(3,887)

 

 

(4,354)

 

Net income (loss) attributable to ATN International, Inc. stockholders

 

$

(5,555)

 

$

7,216

 

$

17,023

 

$

1,131

 

Net income (loss) per weighted average basic share attributable to ATN International, Inc. stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

(0.35)

 

 

0.45

 

 

1.07

 

 

0.07

 

Net income (loss) per weighted average diluted share attributable to ATN International, Inc. stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

(0.35)

 

 

0.45

 

 

1.07

 

 

0.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

110,359

 

 

107,442

 

 

141,697

 

 

66,387

Income from operations

 

 

17,756

 

 

15,803

 

 

(19,565)

 

 

41,314

Other income (expense), net

 

 

(3,044)

 

 

(2,298)

 

 

(2,295)

 

 

(118)

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

 

 

(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

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

0.42

 

 

0.36

 

 

(1.53)

 

 

2.71

Net income (loss) per weighted average diluted share attributable to ATN International, Inc. stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

0.42

 

 

0.36

 

 

(1.53)

 

 

2.71