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SEGMENT REPORTING | 12 Months Ended
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Dec. 31, 2020
SEGMENT REPORTING |
SEGMENT REPORTING | 15. SEGMENT REPORTING ​ ​ Through December 31, 2020, 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 Year Ended December 31, 2020
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 83,136 | ​ | $ | 9,626 | ​ | $ | — | ​ | $ | — | ​ | $ | 92,762
Fixed | ​ | ​ | 230,375 | ​ |  | 22,269 | ​ |  | — | ​ |  | — | ​ |  | 252,644
Carrier Services | ​ | ​ | 7,120 | ​ | ​ | 79,448 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 86,568
Other | ​ |  | 1,535 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,535
Total Communication Services Revenue | ​ |  | 322,166 | ​ | ​ | 111,343 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 433,509
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,555 | ​ | ​ | — | ​ | ​ | 4,555
Managed Services | ​ | ​ | 6,467 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6,467
Construction | ​ |  | — | ​ | ​ | 10,913 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10,913
Total Other Revenue | ​ | ​ | 6,467 | ​ | ​ | 10,913 | ​ | ​ | 4,555 | ​ | ​ | — | ​ | ​ | 21,935
Total Revenue | ​ | ​ | 328,633 | ​ | ​ | 122,256 | ​ | ​ | 4,555 | ​ | ​ | — | ​ | ​ | 455,444
Depreciation and amortization | ​ |  | 56,284 | ​ | ​ | 23,325 | ​ | ​ | 2,216 | ​ | ​ | 6,486 | ​ |  | 88,311
Non-cash stock-based compensation | ​ |  | 49 | ​ | ​ | 15 | ​ | ​ | 262 | ​ | ​ | 5,586 | ​ |  | 5,912
Operating income (loss) | ​ |  | 58,064 | ​ | ​ | 7,388 | ​ | ​ | (23,749) | ​ | ​ | (32,523) | ​ |  | 9,180
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Year Ended December 31, 2019
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 84,560 | ​ | $ | 10,532 | ​ | $ | — | ​ | $ | — | ​ | $ | 95,092
Fixed | ​ | ​ | 224,534 | ​ |  | 14,211 | ​ |  | — | ​ |  | — | ​ |  | 238,745
Carrier Services | ​ | ​ | 9,070 | ​ | ​ | 83,906 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 92,976
Other | ​ |  | 1,295 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,295
Total Communication Services Revenue | ​ |  | 319,459 | ​ | ​ | 108,649 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 428,108
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5,534 | ​ | ​ | — | ​ | ​ | 5,534
Managed Services | ​ | ​ | 5,080 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 5,080
Total Other Revenue | ​ | ​ | 5,080 | ​ | ​ | — | ​ | ​ | 5,534 | ​ | ​ | — | ​ | ​ | 10,614
Total Revenue | ​ | ​ | 324,539 | ​ | ​ | 108,649 | ​ | ​ | 5,534 | ​ | ​ | — | ​ | ​ | 438,722
Depreciation and amortization | ​ |  | 55,993 | ​ | ​ | 23,119 | ​ | ​ | 3,305 | ​ | ​ | 6,708 | ​ |  | 89,125
Non-cash stock-based compensation | ​ |  | 405 | ​ | ​ | — | ​ | ​ | 87 | ​ | ​ | 5,892 | ​ |  | 6,384
Operating income (loss) | ​ |  | 46,921 | ​ | ​ | 8,064 | ​ | ​ | (7,243) | ​ | ​ | (34,365) | ​ |  | 13,377
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Year Ended December 31, 2018
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 85,152 | ​ | $ | 11,759 | ​ | $ | — | ​ | $ | — | ​ | $ | 96,911
Fixed | ​ | ​ | 213,765 | ​ |  | 7,860 | ​ |  | — | ​ |  | — | ​ |  | 221,625
Carrier Services | ​ | ​ | 8,846 | ​ | ​ | 95,861 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 104,707
Other | ​ |  | 2,080 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,080
Total Communication Services Revenue | ​ |  | 309,843 | ​ | ​ | 115,480 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 425,323
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22,158 | ​ | ​ | — | ​ | ​ | 22,158
Managed Services | ​ | ​ | 3,726 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3,726
Total Other Revenue | ​ | ​ | 3,726 | ​ | ​ | — | ​ | ​ | 22,158 | ​ | ​ | — | ​ | ​ | 25,884
Total Revenue | ​ | ​ | 313,569 | ​ | ​ | 115,480 | ​ | ​ | 22,158 | ​ | ​ | — | ​ | ​ | 451,207
Depreciation and amortization | ​ |  | 48,889 | ​ | ​ | 24,615 | ​ | ​ | 6,589 | ​ | ​ | 5,626 | ​ |  | 85,719
Non-cash stock-based compensation | ​ |  | 88 | ​ | ​ | — | ​ | ​ | 105 | ​ | ​ | 6,227 | ​ |  | 6,420
Operating income (loss) | ​ |  | 45,022 | ​ | ​ | 36,813 | ​ | ​ | 13,440 | ​ | ​ | (34,252) | ​ |  | 61,023
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
December 31, 2020 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Cash equivalents, and Investments | ​ | $ | 45,848 | ​ | $ | 26,921 | ​ | $ | 4,311 | ​ | $ | 26,845 | ​ | $ | 103,925
Total current assets | ​ | ​ | 107,315 | ​ | ​ | 65,806 | ​ | ​ | 39,057 | ​ | ​ | 27,887 | ​ | ​ | 240,065
Fixed assets, net | ​ | ​ | 449,888 | ​ | ​ | 73,717 | ​ | ​ | — | ​ | ​ | 12,857 | ​ | ​ | 536,462
Goodwill | ​ |  | 25,421 | ​ |  | 35,270 | ​ |  | — | ​ |  | — | ​ | ​ | 60,691
Total assets | ​ |  | 642,834 | ​ |  | 265,797 | ​ |  | 39,045 | ​ |  | 136,035 | ​ | ​ | 1,083,711
Total current liabilities | ​ | ​ | 80,875 | ​ | ​ | 43,200 | ​ | ​ | 1,038 | ​ | ​ | 22,815 | ​ | ​ | 147,928
Total debt | ​ | ​ | 72,823 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 72,823
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 | ​ | ​ | ​
Year ended December 31, | ​ | ​ | Telecom | ​ | ​ | Telecom | ​ | ​ | Energy | ​ | ​ | Other (1) | ​ | ​ | Consolidated
2020 | ​ | $ | 38,895 | ​ | $ | 29,883 | ​ | $ | 2,932 | ​ | $ | 3,613 | ​ | $ | 75,323
2019 | ​ | ​ | 42,029 | ​ | ​ | 17,490 | ​ | ​ | 6,448 | ​ | ​ | 6,758 | ​ | ​ | 72,725
(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): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2020 | ​ | 2019 | ​ | 2018 | ​
​ | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | Long-Lived | ​
​ | ​ | Revenues | ​ | Assets | ​ | Revenues | ​ | Assets | ​ | Revenues | ​ | Assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
US | ​ | $ | 122,256 | ​ | $ | 308,138 | ​ | $ | 123,508 | ​ | $ | 297,084 | ​ | $ | 132,288 | ​ | $ | 234,514 | ​
Guyana | ​ |  | 103,071 | ​ |  | 141,487 | ​ |  | 105,290 | ​ |  | 145,079 | ​ |  | 102,056 | ​ |  | 151,084 | ​
US Virgin Islands | ​ | ​ | 90,368 | ​ | ​ | 230,630 | ​ | ​ | 83,795 | ​ | ​ | 235,384 | ​ | ​ | 79,785 | ​ | ​ | 216,173 | ​
Bermuda | ​ |  | 103,471 | ​ |  | 116,346 | ​ |  | 104,760 | ​ |  | 128,208 | ​ |  | 103,281 | ​ |  | 137,992 | ​
Other Foreign Countries | ​ | ​ | 36,278 | ​ | ​ | 47,045 | ​ | ​ | 21,369 | ​ | ​ | 96,247 | ​ | ​ | 33,797 | ​ | ​ | 91,775 | ​
​ | ​ | $ | 455,444 | ​ | $ | 843,647 | ​ | $ | 438,722 | ​ | $ | 902,002 | ​ | $ | 451,207 | ​ | $ | 831,538 | ​
​

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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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