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SEGMENT REPORTING | 9 Months Ended
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Sep. 30, 2020
SEGMENT REPORTING |
SEGMENT REPORTING | 12. SEGMENT REPORTING ​ The Company has the following three reportable and operating segments: i) International Telecom, ii) US Telecom, and iii) Renewable Energy. ​ The following tables provide information for each operating segment (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Three Months Ended September 30, 2020
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 21,406 | ​ | $ | 2,432 | ​ | $ | — | ​ | $ | — | ​ | $ | 23,838
Fixed | ​ | ​ | 57,364 | ​ |  | 5,419 | ​ |  | — | ​ |  | — | ​ |  | 62,783
Carrier Services | ​ | ​ | 1,851 | ​ | ​ | 19,852 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 21,703
Other | ​ |  | 397 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 397
Total Communication Services Revenue | ​ |  | 81,018 | ​ | ​ | 27,703 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 108,721
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,177 | ​ | ​ | — | ​ | ​ | 1,177
Managed Services | ​ | ​ | 1,447 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,447
Construction | ​ | ​ | — | ​ | ​ | 394 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 394
Total Other Revenue | ​ | ​ | 1,447 | ​ | ​ | 394 | ​ | ​ | 1,177 | ​ | ​ | — | ​ | ​ | 3,018
Total Revenue | ​ | ​ | 82,465 | ​ | ​ | 28,097 | ​ | ​ | 1,177 | ​ | ​ | — | ​ | ​ | 111,739
Depreciation and amortization | ​ |  | 13,671 | ​ |  | 5,729 | ​ |  | 491 | ​ |  | 1,689 | ​ |  | 21,580
Non-cash stock-based compensation | ​ |  | 29 | ​ |  | — | ​ |  | 66 | ​ |  | 1,792 | ​ |  | 1,887
Operating income (loss) | ​ |  | 16,024 | ​ |  | 2,218 | ​ |  | (98) | ​ |  | (8,587) | ​ |  | 9,557
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Three Months Ended September 30, 2019
​ |  | ​ | ​ |  |  |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 21,364 | ​ | $ | 2,601 | ​ | $ | — | ​ | $ | — | ​ | $ | 23,965
Fixed | ​ | ​ | 55,845 | ​ |  | 4,304 | ​ |  | — | ​ |  | — | ​ |  | 60,149
Carrier Services | ​ | ​ | 2,403 | ​ | ​ | 25,988 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 28,391
Other | ​ |  | 335 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 335
Total Communication Services Revenue | ​ |  | 79,947 | ​ | ​ | 32,893 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 112,840
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,438 | ​ | ​ | — | ​ | ​ | 1,438
Managed Services | ​ | ​ | 1,338 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 1,338
Total Other Revenue | ​ | ​ | 1,338 | ​ | ​ | — | ​ | ​ | 1,438 | ​ | ​ | — | ​ | ​ | 2,776
Total Revenue | ​ | ​ | 81,285 | ​ | ​ | 32,893 | ​ | ​ | 1,438 | ​ | ​ | — | ​ | ​ | 115,616
Depreciation and amortization | ​ |  | 14,089 | ​ | ​ | 5,770 | ​ | ​ | 1,016 | ​ | ​ | 1,728 | ​ |  | 22,603
Non-cash stock-based compensation | ​ |  | 285 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,263 | ​ |  | 1,548
Operating income (loss) | ​ |  | 10,867 | ​ | ​ | 7,912 | ​ | ​ | (714) | ​ | ​ | (7,817) | ​ |  | 10,248
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Nine Months Ended September 30, 2020
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 60,604 | ​ | $ | 7,203 | ​ | $ | — | ​ | $ | — | ​ | $ | 67,807
Fixed | ​ | ​ | 172,420 | ​ |  | 15,181 | ​ |  | — | ​ |  | — | ​ |  | 187,601
Carrier Services | ​ | ​ | 5,392 | ​ | ​ | 60,779 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 66,171
Other | ​ |  | 1,286 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,286
Total Communication Services Revenue | ​ |  | 239,702 | ​ | ​ | 83,163 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 322,865
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3,373 | ​ | ​ | — | ​ | ​ | 3,373
Managed Services | ​ | ​ | 5,111 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5,111
Construction | ​ |  | — | ​ | ​ | 394 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 394
Total Other Revenue | ​ | ​ | 5,111 | ​ | ​ | 394 | ​ | ​ | 3,373 | ​ | ​ | — | ​ | ​ | 8,878
Total Revenue | ​ | ​ | 244,813 | ​ | ​ | 83,557 | ​ | ​ | 3,373 | ​ | ​ | — | ​ | ​ | 331,743
Depreciation and amortization | ​ |  | 42,120 | ​ | ​ | 17,331 | ​ | ​ | 1,590 | ​ | ​ | 5,048 | ​ |  | 66,089
Non-cash stock-based compensation | ​ |  | 20 | ​ | ​ | — | ​ | ​ | 197 | ​ | ​ | 4,391 | ​ |  | 4,608
Operating income (loss) | ​ |  | 44,119 | ​ | ​ | 6,241 | ​ | ​ | (1,175) | ​ | ​ | (25,306) | ​ |  | 23,879
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Nine Months Ended September 30, 2019
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 62,766 | ​ | $ | 8,095 | ​ | $ | — | ​ | $ | — | ​ | $ | 70,861
Fixed | ​ | ​ | 166,925 | ​ |  | 9,885 | ​ |  | — | ​ |  | — | ​ |  | 176,810
Carrier Services | ​ | ​ | 6,970 | ​ | ​ | 62,820 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 69,790
Other | ​ |  | 1,012 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,012
Total Communication Services Revenue | ​ |  | 237,673 | ​ | ​ | 80,800 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 318,473
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,376 | ​ | ​ | — | ​ | ​ | 4,376
Managed Services | ​ | ​ | 3,788 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 3,788
Total Other Revenue | ​ | ​ | 3,788 | ​ | ​ | — | ​ | ​ | 4,376 | ​ | ​ | — | ​ | ​ | 8,164
Total Revenue | ​ | ​ | 241,461 | ​ | ​ | 80,800 | ​ | ​ | 4,376 | ​ | ​ | — | ​ | ​ | 326,637
Depreciation and amortization | ​ |  | 40,709 | ​ | ​ | 16,919 | ​ | ​ | 2,269 | ​ | ​ | 4,973 | ​ |  | 64,870
Non-cash stock-based compensation | ​ |  | 306 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,575 | ​ |  | 4,881
Operating income (loss) | ​ |  | 35,802 | ​ | ​ | 5,927 | ​ | ​ | (750) | ​ | ​ | (25,862) | ​ |  | 15,117
​
| (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 September 30, 2020 and December 31, 2019 consists of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
September 30, 2020 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Cash equivalents, and Investments | ​ | $ | 67,701 | ​ | $ | 25,177 | ​ | $ | 22,376 | ​ | $ | 20,302 | ​ | $ | 135,556
Total current assets | ​ | ​ | 124,515 | ​ | ​ | 59,801 | ​ | ​ | 25,290 | ​ | ​ | 15,978 | ​ | ​ | 225,584
Fixed assets, net | ​ | ​ | 452,303 | ​ | ​ | 77,017 | ​ | ​ | 45,773 | ​ | ​ | 14,335 | ​ | ​ | 589,428
Goodwill | ​ |  | 25,421 | ​ |  | 35,270 | ​ |  | — | ​ |  | — | ​ | ​ | 60,691
Total assets | ​ |  | 664,307 | ​ |  | 233,288 | ​ |  | 71,757 | ​ |  | 144,062 | ​ | ​ | 1,113,414
Total current liabilities | ​ | ​ | 71,254 | ​ | ​ | 36,898 | ​ | ​ | 909 | ​ | ​ | 23,801 | ​ | ​ | 132,862
Total debt | ​ | ​ | 83,723 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 83,723
December 31, 2019 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Cash equivalents, and Investments | ​ | $ | 43,125 | ​ | $ | 38,240 | ​ | $ | 25,054 | ​ | $ | 55,284 | ​ | $ | 161,703
Total current assets | ​ | ​ | 91,497 | ​ | ​ | 54,207 | ​ | ​ | 27,534 | ​ | ​ | 55,485 | ​ | ​ | 228,723
Fixed assets, net | ​ | ​ | 466,523 | ​ | ​ | 69,184 | ​ | ​ | 48,421 | ​ | ​ | 21,453 | ​ | ​ | 605,581
Goodwill | ​ |  | 25,421 | ​ |  | 35,270 | ​ |  | — | ​ |  | — | ​ | ​ | 60,691
Total assets | ​ |  | 647,228 | ​ |  | 222,356 | ​ |  | 76,723 | ​ |  | 184,419 | ​ | ​ | 1,130,726
Total current liabilities | ​ | ​ | 77,644 | ​ | ​ | 24,905 | ​ | ​ | 2,745 | ​ | ​ | 14,375 | ​ | ​ | 119,669
Total debt | ​ | ​ | 86,426 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 86,426
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Capital Expenditures
​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
​ | ​ | ​ | International | ​ | ​ | US | ​ | ​ | Renewable | ​ | ​ | Corporate and | ​ | ​ | ​
Nine months ended September 30, | ​ | ​ | Telecom | ​ | ​ | Telecom | ​ | ​ | Energy | ​ | ​ | Other (1) | ​ | ​ | Consolidated
2020 | ​ | $ | 28,439 | ​ | $ | 17,254 | ​ | $ | 2,116 | ​ | $ | 2,853 | ​ | $ | 50,662
2019 | ​ | ​ | 8,533 | ​ | ​ | 33,159 | ​ | ​ | 2,183 | ​ | ​ | 5,611 | ​ | ​ | 49,486
​
| (1) | Corporate and other items refer to corporate overhead costs and consolidating adjustments

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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