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SEGMENT REPORTING | 3 Months Ended
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Mar. 31, 2019
SEGMENT REPORTING |
SEGMENT REPORTING | 14. SEGMENT REPORTING The Company has the following three reportable and operating segments: i) US Telecom, ii) International Telecom, and iii) Renewable Energy. The following tables provide information for each operating segment (in thousands):
For the Three Months Ended March 31, 2019
|  | US |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 20,437 |  | $ | 21,176 |  | $ | — |  | $ | — |  | $ | 41,613
Wireline |  |  | 1,056 |  |  | 59,141 |  |  | — |  |  | — |  |  | 60,197
Renewable Energy |  |  | — |  |  | — |  |  | 1,490 |  |  | — |  |  | 1,490
Total Revenue |  |  | 21,493 |  |  | 80,317 |  |  | 1,490 |  |  | — |  |  | 103,300
Depreciation and amortization |  |  | 5,598 |  |  | 13,015 |  |  | 616 |  |  | 1,489 |  |  | 20,718
Non-cash stock-based compensation |  |  | — |  |  | 11 |  |  | — |  |  | 1,290 |  |  | 1,301
Operating income (loss) |  |  | (3,506) |  |  | 13,878 |  |  | (203) |  |  | (8,055) |  |  | 2,114
For the Three Months Ended March 31, 2018
|  | US |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wireless |  | $ | 27,401 |  | $ | 23,147 |  | $ | — |  | $ | — |  | $ | 50,548
Wireline |  |  | 1,098 |  |  | 46,998 |  |  | — |  |  | — |  |  | 48,096
Renewable Energy |  |  | — |  |  | — |  |  | 5,831 |  |  | — |  |  | 5,831
Total Revenue |  |  | 28,499 |  |  | 70,145 |  |  | 5,831 |  |  | — |  |  | 104,475
Depreciation and amortization |  |  | 6,513 |  |  | 11,671 |  |  | 1,774 |  |  | 1,347 |  |  | 21,305
Non-cash stock-based compensation |  |  | — |  |  | 29 |  |  | 29 |  |  | 1,518 |  |  | 1,576
Operating income (loss) |  |  | 5,224 |  |  | 5,640 |  |  | 1,936 |  |  | (8,591) |  |  | 4,209
| (1) |  | Corporate and Other items refer to corporate overhead costs and consolidating adjustments
Selected balance sheet data for each of the Company’s segments as of March 31, 2019 and December 31, 2018 consists of the following (in thousands):
|  | US |  | International |  | Renewable |  | Corporate and |  |  |
|  | Telecom |  | Telecom |  | Energy |  | Other (1) |  | Consolidated
March 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash, Cash equivalents, and Investments |  | $ | 14,858 |  | $ | 40,731 |  | $ | 56,874 |  | $ | 64,300 |  | $ | 176,763
Total current assets |  |  | 38,580 |  |  | 89,785 |  |  | 74,533 |  |  | 58,246 |  |  | 261,144
Fixed assets, net |  |  | 75,004 |  |  | 477,147 |  |  | 44,866 |  |  | 22,781 |  |  | 619,798
Goodwill |  |  | 35,269 |  |  | 25,421 |  |  | 3,280 |  |  | — |  |  | 63,970
Total assets |  |  | 217,756 |  |  | 648,736 |  |  | 123,624 |  |  | 172,714 |  |  | 1,162,830
Total current liabilities |  |  | 25,517 |  |  | 78,649 |  |  | 2,149 |  |  | 35,002 |  |  | 141,317
Total debt |  |  | — |  |  | 90,068 |  |  | — |  |  | — |  |  | 90,068
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
|  | Capital Expenditures
|  |  | US |  |  | International |  |  | Renewable |  |  | Corporate and |  |  |
Three months ended March 31, |  |  | Telecom |  |  | Telecom (2) |  |  | Energy |  |  | Other (1) |  |  | Consolidated
2019 |  | $ | 3,075 |  | $ | 11,356 |  | $ | 609 |  | $ | 2,724 |  | $ | 17,764
2018 |  |  | 4,751 |  |  | 43,996 |  |  | 854 |  |  | 2,291 |  |  | 51,892
| (1) |  | Corporate and other items refer to corporate overhead costs and consolidating adjustments
| (2) |  | Includes $0.1 million and $30.9 million of expenditures in the first quarter of 2019 and 2018, respectively, used to rebuild the Company’s damaged networks in the US 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.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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