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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUE:        
Total revenue $ 191,036 $ 182,213 $ 563,250 $ 533,730
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Selling, general and administrative 60,792 56,387 184,055 167,879
Stock-based compensation 1,956 1,669 6,473 5,696
Transaction-related charges 45 3,416 496 4,381
Restructuring expenses 1,383   4,640  
Depreciation and amortization 34,370 33,312 106,991 100,421
Amortization of intangibles from acquisitions 3,124 3,236 9,514 9,744
Loss on disposition of long-lived assets 132 484 410 3,876
Total operating expenses 184,200 180,774 553,339 530,458
Income from operations 6,836 1,439 9,911 3,272
OTHER INCOME (EXPENSE)        
Interest income 136 38 362 41
Interest expense (11,445) (5,513) (30,700) (13,107)
Other income 213 1,904 2,623 3,379
Other income (expense) (11,096) (3,571) (27,715) (9,687)
LOSS BEFORE INCOME TAXES (4,260) (2,132) (17,804) (6,415)
Income tax benefit (542) (360) (6,369) (1,378)
NET LOSS (3,718) (1,772) (11,435) (5,037)
Net (income) loss attributable to noncontrolling interests, net of tax (benefit) expense of $(0.6) million, $(0.8) million, $(1.8) million and $(1.3) million respectively 134 (1,011) 2,733 782
NET LOSS ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS $ (3,584) $ (2,783) $ (8,702) $ (4,255)
Basic (in dollars per share) $ (0.31) $ (0.25) $ (0.80) $ (0.49)
Diluted (in dollars per share) $ (0.31) $ (0.25) $ (0.80) $ (0.49)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 15,601 15,763 15,666 15,746
Diluted (in shares) 15,601 15,763 15,666 15,746
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK $ 0.21 $ 0.17 $ 0.63 $ 0.51
Communication services        
REVENUE:        
Total revenue $ 184,601 $ 173,977 $ 547,484 $ 512,315
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 80,367 78,949 237,125 229,821
Construction        
REVENUE:        
Total revenue 2,038 3,332 3,648 8,615
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 2,031 3,321 3,635 8,640
Other        
REVENUE:        
Total revenue $ 4,397 $ 4,904 $ 12,118 $ 12,800