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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Changes in accumulated other comprehensive income (loss), by component, were as follows (in thousands):


	Projected
	Pension and
	Postretirement Benefit		Translation
	Obligations		Adjustment		Other		Total

Balance at December 31, 2019	$	1,842	$	(5,076)	$	(48)	$	(3,282)
Unrecognized actuarial loss, net of tax of $0.1 million		(2,412)		—		—		(2,412)
Foreign currency translation adjustment		—		37		—		37
Interest rate swap		—		—		(101)		(101)
Reclassification of foreign currency losses on assets held for sale		—		6,036		—		6,036
Balance at December 31, 2020		(570)		997		(149)		278
Unrecognized actuarial gain, net of tax of $(0.1) million		5,014		—		—		5,014
Foreign currency translation adjustment		—		(689)		—		(689)
Interest rate swap		—		—		170		170
Balance at December 31, 2021		4,444		308		21		4,773
Unrecognized actuarial gain, net of tax of $(0.2) million		2,428		—		—		2,428
Pension settlement, net of tax of $(0.8) million		915		—		—		915
Reclassification of foreign currency losses on investments sold, net of tax of $0.2 million		—		(500)		—		(500)
Foreign currency translation adjustment		—		(1,385)		—		(1,385)
Interest rate swap		—		—		(21)		(21)
Balance at December 31, 2022	$	7,787	$	(1,577)	$	—	$	6,210


	December 31, 2022
	Significant Other
	Quoted Prices in		Unobservable
	Active Markets		Inputs
Description	(Level 1)		(Level 3)		Total
Short term investments	$	300	$	—	$	300
Other investments		—		1,616		1,616
Alaska Communications redeemable common units		—		(22,557)		(22,557)
Alloy redeemable common units		—		(14,760)		(14,760)
Warrants on Alaska Communications redeemable common units		—		(654)		(654)
Total assets and liabilities measured at fair value	$	300	$	(36,355)	$	(36,055)


	December 31, 2021
	Significant Other
	Quoted Prices in		Observable		Unobservable
	Active Markets		Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total
Money market funds	$	3,301	$	—	$	—	$	3,301
Short term investments		300		—		—		300
Other investments		—		—		1,925		1,925
Alaska Communications redeemable common units		—		—		(22,640)		(22,640)
Warrants on Alaska Communications redeemable common units		—		—		(559)		(559)
Interest rate swap		—		(894)		—		(894)
Total assets and liabilities measured at fair value	$	3,601	$	(894)	$	(21,274)	$	(18,567)


	Investments Without a Readily Determinable Fair Value		Fair Value Investments		Equity Investments		Total
Balance, December 31, 2021	$	17,820	$	1,925	$	28,699	$	48,444
Sale of Investments(1)		—		—		(13,212)		(13,212)
Income (Loss) recognized		—		435		(2,234)		(1,799)
Contributions / (distributions)		—		(744)		2,750		2,006
Foreign currency loss		—		—		(2,040)		(2,040)
Gain recognized		4,770		—		—		4,770
Balance, December 31, 2022	$	22,590	$	1,616	$	13,963	$	38,169

The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share (in thousands):


	Year ended December 31,
	2022		2021		2020
Numerator:
Net Loss	$	(7,583)	$	(20,809)	$	(708)
Net (Income) Loss attributable to noncontrolling interests		1,938		(1,299)		(13,414)
Net Loss attributable to ATN International, Inc. stockholders- Basic		(5,645)		(22,108)		(14,122)
Less: Preferred dividends		(4,856)		(1,962)		-
Net Loss attributable to ATN International, Inc. common stockholders- Diluted	$	(10,501)	$	(24,070)	$	(14,122)

Denominator:
Weighted-average shares outstanding- Basic		15,751		15,867		15,923
Effective of dilutive securities:
Stock options, restricted stock units and performance stock units		—		—		—
Weighted-average shares outstanding- Diluted		15,751		15,867		15,923


	Redeemable Preferred Units		Redeemable Common Units		Total Redeemable Noncontrolling Interests
Balance, December 31, 2021	$	50,296	$	22,640	$	72,936
Issuance of 591 common units		—		14,760		14,760
Accrued preferred dividend		4,856		—		4,856
Allocated net loss		—		(4,317)		(4,317)
Change in fair value		—		4,234		4,234
Balance, December 31, 2022	$	55,152	$	37,317	$	92,469


	Redeemable Preferred Units		Redeemable Common Units		Total Redeemable Noncontrolling Interests
Balance, December 31, 2020	$	—	$	—	$	—
Issuance of 48,334 preferred units		48,334		—		48,334
Issuance of 23,199 common units		—		22,640		22,640
Accrued preferred dividend		1,962		—		1,962
Allocated net loss		—		(6,164)		(6,164)
Change in fair value		—		6,164		6,164
Balance, December 31, 2021	$	50,296	$	22,640	$	72,936