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CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE:      
Total revenue $ 762,216 $ 725,745 $ 602,707
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):      
Selling, general and administrative 242,697 224,399 181,702
Stock-based compensation 8,535 7,406 6,581
Transaction-related charges 551 4,798 10,221
Restructuring expenses 11,228    
Depreciation and amortization 141,627 135,137 102,731
Amortization of intangibles from acquisitions 12,636 13,016 7,775
Goodwill impairment 0 0 20,587
(Gain) loss on disposition of assets and contingent consideration 1,699 4,389 2,759
Total operating expenses 749,041 717,803 617,733
Income from operations 13,175 7,942 (15,026)
OTHER INCOME (EXPENSE)      
Interest income 476 174 132
Interest expense (42,686) (20,417) (9,614)
Other income 1,496 4,245 1,821
Other income (expense) (40,714) (15,998) (7,661)
LOSS BEFORE INCOME TAXES (27,539) (8,056) (22,687)
Income tax benefit (8,785) (473) (1,878)
NET LOSS (18,754) (7,583) (20,809)
Net (income) loss attributable to noncontrolling interests, net of tax (benefit) expense of $(2.3) million, $(0.8) million and $(0.4) million respectively 4,216 1,938 (1,299)
NET LOSS ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS $ (14,538) $ (5,645) $ (22,108)
Basic (in dollars per share) $ (1.25) $ (0.67) $ (1.52)
Diluted (in dollars per share) $ (1.25) $ (0.67) $ (1.52)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 15,595 15,751 15,867
Diluted (in shares) 15,595 15,751 15,867
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK $ 0.87 $ 0.72 $ 0.68
Communication services      
REVENUE:      
Total revenue $ 735,082 $ 692,221 $ 549,620
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):      
Cost of services 319,723 312,895 249,322
Construction      
REVENUE:      
Total revenue 10,629 15,762 35,889
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):      
Cost of services 10,345 15,763 36,055
Other      
REVENUE:      
Total revenue $ 16,505 $ 17,762 $ 17,198