XML 23 R8.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Redeemable Preferred Units
Redeemable Common Units
Total ATNI Stockholders' Equity
Common Stock
Treasury Stock, at cost
Additional Paid In Capital
Retained Earnings
Redeemable Common Units.
Accumulated Other Comprehensive Income/(Loss)
Non-Controlling Interests
Total
Increase (decrease) in temporary equity                      
Investments made by minority shareholders in consolidated affiliates     $ (1,300)     $ (1,300)       $ 1,300  
Balance, beginning of period at Dec. 31, 2019     676,122 $ 172 $ (51,129) 188,471 $ 541,890   $ (3,282) 129,961 $ 806,083
Increase (Decrease) in Stockholders' Equity                      
Purchase of shares of common stock     (8,327)   (8,327)           (8,327)
Stock-based compensation     5,603     5,603       309 5,912
Dividends declared on common stock     (10,867)       (10,867)       (10,867)
Distributions to non-controlling interests                   (12,378) (12,378)
Repurchase of non-controlling interests     (5,020)     (5,020)       (23,919) (28,939)
Investments made by minority shareholders in consolidated affiliates     (1,300)     (1,300)       1,300  
Comprehensive income:                      
Net loss     (14,122)       (14,122)     13,414 (708)
Other comprehensive income (loss)     3,560           3,560   3,560
Comprehensive income (loss)     (10,562)       (14,122)   3,560 13,414 2,852
Balance, end of period at Dec. 31, 2020     645,649 172 (59,456) 187,754 516,901   278 108,687 754,336
Increase (decrease) in temporary equity                      
Issuance of redeemable units $ 48,334 $ 22,640                  
Accrued dividend - redeemable preferred units 1,962                   1,962
Deemed dividend - redeemable common unit   6,164                 6,164
Net income (loss)   (6,164)                 (6,164)
Total comprehensive income (loss)                     (6,164)
Ending balance at Dec. 31, 2021 50,296 22,640                 72,936
Increase (Decrease) in Stockholders' Equity                      
Purchase of shares of common stock     (12,258)   (12,258)           (12,258)
Stock-based compensation     6,182     6,182       334 6,516
Exercise of stock options     383     383         383
Noncontrolling interests in acquired entity                   796 796
Dividends declared on common stock     (10,780)       (10,780)     (5,468) (16,248)
Accrued dividend     (1,962)       (1,962)       (1,962)
Repurchase of non-controlling interests     (2,187)     (2,187)       (10,809) (12,996)
Deemed dividend             (6,164) $ 6,164      
Comprehensive income:                      
Net loss   (6,164) (28,272)       (22,108) (6,164)   7,463 (20,809)
Other comprehensive income (loss)     4,495           4,495   4,495
Comprehensive income (loss)   (6,164) (23,777)       (22,108) (6,164) 4,495 7,463 (16,314)
Balance, end of period at Dec. 31, 2021     601,250 172 (71,714) 192,132 475,887 0 4,773 101,003 702,253
Increase (decrease) in temporary equity                      
Issuance of redeemable units   14,760                 14,760
Accrued dividend - redeemable preferred units 4,856                   4,856
Investments made by minority shareholders in consolidated affiliates                   22 22
Deemed dividend - redeemable common unit   4,234                 4,234
Net income (loss)   (4,317)                 (4,317)
Total comprehensive income (loss)   (4,317)                 (4,317)
Ending balance at Dec. 31, 2022 $ 55,152 $ 37,317                 92,469
Increase (Decrease) in Stockholders' Equity                      
Issuance of common units     1 1             1
Purchase of shares of common stock     (2,111)   (2,111)           (2,111)
Stock-based compensation     6,779     6,779       572 7,351
Dividends declared on common stock     (11,346)       (11,346)     (3,531) (14,877)
Accrued dividend     (4,856)       (4,856)       (4,856)
Repurchase of non-controlling interests     (462)     (462)       (4,429) (4,891)
Deemed dividend     83       (4,234) 4,317     83
Investments made by minority shareholders in consolidated affiliates                   22 22
Comprehensive income:                      
Net loss     (9,962)       (5,645) (4,317)   2,379 (7,583)
Other comprehensive income (loss)     1,437           1,437   1,437
Comprehensive income (loss)     (8,525)       (5,645) $ (4,317) 1,437 2,379 (6,146)
Balance, end of period at Dec. 31, 2022     $ 580,813 $ 173 $ (73,825) $ 198,449 $ 449,806   $ 6,210 $ 96,016 $ 676,829