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SEGMENT REPORTING | 6 Months Ended
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Jun. 30, 2021
SEGMENT REPORTING |
SEGMENT REPORTING | 13. 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 June 30, 2021
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 22,754 | ​ | $ | 2,407 | ​ | $ | — | ​ | $ | — | ​ | $ | 25,161
Fixed | ​ | ​ | 59,126 | ​ |  | 5,877 | ​ |  | — | ​ |  | — | ​ |  | 65,003
Carrier Services | ​ | ​ | 2,523 | ​ | ​ | 20,038 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22,561
Other | ​ |  | 239 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 239
Total Communication Services Revenue | ​ |  | 84,642 | ​ | ​ | 28,322 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 112,964
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Managed Services | ​ | ​ | 1,576 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,576
Construction | ​ | ​ | — | ​ | ​ | 9,325 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 9,325
Total Other Revenue | ​ | ​ | 1,576 | ​ | ​ | 9,325 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10,901
Total Revenue | ​ | ​ | 86,218 | ​ | ​ | 37,647 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 123,865
Depreciation and amortization | ​ |  | 13,790 | ​ |  | 5,079 | ​ |  | — | ​ |  | 1,286 | ​ |  | 20,155
Non-cash stock-based compensation | ​ |  | 10 | ​ |  | — | ​ |  | — | ​ |  | 2,165 | ​ |  | 2,175
Operating income (loss) | ​ |  | 14,643 | ​ |  | (556) | ​ |  | (771) | ​ |  | (10,411) | ​ |  | 2,905
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Three Months Ended June 30, 2020
​ |  | ​ | ​ |  |  |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 19,062 | ​ | $ | 2,367 | ​ | $ | — | ​ | $ | — | ​ | $ | 21,429
Fixed | ​ | ​ | 56,567 | ​ |  | 4,937 | ​ |  | — | ​ |  | — | ​ |  | 61,504
Carrier Services | ​ | ​ | 1,897 | ​ | ​ | 20,856 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22,753
Other | ​ |  | 554 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 554
Total Communication Services Revenue | ​ |  | 78,080 | ​ | ​ | 28,160 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 106,240
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 874 | ​ | ​ | — | ​ | ​ | 874
Managed Services | ​ | ​ | 1,984 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 1,984
Total Other Revenue | ​ | ​ | 1,984 | ​ | ​ | — | ​ | ​ | 874 | ​ | ​ | — | ​ | ​ | 2,858
Total Revenue | ​ | ​ | 80,064 | ​ | ​ | 28,160 | ​ | ​ | 874 | ​ | ​ | — | ​ | ​ | 109,098
Depreciation and amortization | ​ |  | 14,132 | ​ | ​ | 5,717 | ​ | ​ | 486 | ​ | ​ | 1,656 | ​ |  | 21,991
Non-cash stock-based compensation | ​ |  | 28 | ​ | ​ | — | ​ | ​ | 131 | ​ | ​ | 1,402 | ​ |  | 1,561
Operating income (loss) | ​ |  | 14,617 | ​ | ​ | 1,826 | ​ | ​ | (620) | ​ | ​ | (8,799) | ​ |  | 7,024
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Six Months Ended June 30, 2021
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 44,575 | ​ | $ | 5,267 | ​ | $ | — | ​ | $ | — | ​ | $ | 49,842
Fixed | ​ | ​ | 117,873 | ​ |  | 12,248 | ​ |  | — | ​ |  | — | ​ |  | 130,121
Carrier Services | ​ | ​ | 4,406 | ​ | ​ | 38,774 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 43,180
Other | ​ |  | 456 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 456
Total Communication Services Revenue | ​ |  | 167,310 | ​ | ​ | 56,289 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 223,599
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 418 | ​ | ​ | — | ​ | ​ | 418
Managed Services | ​ | ​ | 2,726 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,726
Construction | ​ |  | — | ​ | ​ | 21,632 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 21,632
Total Other Revenue | ​ | ​ | 2,726 | ​ | ​ | 21,632 | ​ | ​ | 418 | ​ | ​ | — | ​ | ​ | 24,776
Total Revenue | ​ | ​ | 170,036 | ​ | ​ | 77,921 | ​ | ​ | 418 | ​ | ​ | — | ​ | ​ | 248,375
Depreciation and amortization | ​ |  | 27,616 | ​ | ​ | 10,272 | ​ | ​ | 188 | ​ | ​ | 2,586 | ​ |  | 40,662
Non-cash stock-based compensation | ​ |  | 47 | ​ | ​ | — | ​ | ​ | 22 | ​ | ​ | 3,442 | ​ |  | 3,511
Operating income (loss) | ​ |  | 27,786 | ​ | ​ | (1,090) | ​ | ​ | (1,433) | ​ | ​ | (19,009) | ​ |  | 6,254
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Six Months Ended June 30, 2020
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
Revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Communication Services | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mobility | ​ | $ | 39,198 | ​ | $ | 4,770 | ​ | $ | — | ​ | $ | — | ​ | $ | 43,968
Fixed | ​ | ​ | 115,056 | ​ |  | 9,762 | ​ |  | — | ​ |  | — | ​ |  | 124,818
Carrier Services | ​ | ​ | 3,541 | ​ | ​ | 40,927 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 44,468
Other | ​ |  | 891 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 891
Total Communication Services Revenue | ​ |  | 158,686 | ​ | ​ | 55,459 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 214,145
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renewable Energy | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,196 | ​ | ​ | — | ​ | ​ | 2,196
Managed Services | ​ | ​ | 3,663 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 3,663
Total Other Revenue | ​ | ​ | 3,663 | ​ | ​ | — | ​ | ​ | 2,196 | ​ | ​ | — | ​ | ​ | 5,859
Total Revenue | ​ | ​ | 162,349 | ​ | ​ | 55,459 | ​ | ​ | 2,196 | ​ | ​ | — | ​ | ​ | 220,004
Depreciation and amortization | ​ |  | 28,448 | ​ | ​ | 11,602 | ​ | ​ | 1,100 | ​ | ​ | 3,359 | ​ |  | 44,509
Non-cash stock-based compensation | ​ |  | (9) | ​ | ​ | — | ​ | ​ | 131 | ​ | ​ | 2,599 | ​ |  | 2,721
Operating income (loss) | ​ |  | 28,005 | ​ | ​ | 4,019 | ​ | ​ | (1,077) | ​ | ​ | (16,623) | ​ |  | 14,324
​
| (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 June 30, 2021 and December 31, 2020 consists of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  |  | ​ | ​
​ | ​ | International | ​ | US | ​ | Renewable | ​ | Corporate and | ​ | ​ | ​
​ | ​ | Telecom | ​ | Telecom | ​ | Energy | ​ | Other (1) | ​ | Consolidated
June 30, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Cash equivalents, and Investments | ​ | $ | 48,301 | ​ | $ | 26,041 | ​ | $ | 5,350 | ​ | $ | 15,193 | ​ | $ | 94,885
Total current assets | ​ | ​ | 108,346 | ​ | ​ | 65,043 | ​ | ​ | 9,287 | ​ | ​ | 17,169 | ​ | ​ | 199,845
Fixed assets, net | ​ | ​ | 447,261 | ​ | ​ | 68,064 | ​ | ​ | — | ​ | ​ | 10,960 | ​ | ​ | 526,285
Goodwill | ​ |  | 25,421 | ​ |  | 35,269 | ​ |  | — | ​ |  | — | ​ | ​ | 60,690
Total assets | ​ |  | 640,162 | ​ |  | 308,514 | ​ |  | 22,170 | ​ |  | 95,728 | ​ | ​ | 1,066,574
Total current liabilities | ​ | ​ | 81,709 | ​ | ​ | 33,624 | ​ | ​ | 1,126 | ​ | ​ | 20,113 | ​ | ​ | 136,572
Total debt | ​ | ​ | 71,044 | ​ | ​ | 16,657 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 87,701
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
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Capital Expenditures
​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
​ | ​ | ​ | International | ​ | ​ | US | ​ | ​ | Renewable | ​ | ​ | Corporate and | ​ | ​ | ​
Six months ended June 30, | ​ | ​ | Telecom | ​ | ​ | Telecom | ​ | ​ | Energy | ​ | ​ | Other (1) | ​ | ​ | Consolidated
2021 | ​ | $ | 21,843 | ​ | $ | 18,792 | ​ | $ | — | ​ | $ | 1,297 | ​ | $ | 41,932
2020 | ​ | ​ | 19,929 | ​ | ​ | 8,883 | ​ | ​ | 1,634 | ​ | ​ | 1,519 | ​ | ​ | 31,965
​
| (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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