XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUE:        
Total revenue $ 181,300 $ 183,281 $ 360,594 $ 370,076
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Selling, general and administrative 56,160 57,661 111,390 118,979
Stock-based compensation 2,685 2,781 4,590 4,690
Transaction-related charges 193   1,628 19
Restructuring and reorganization expenses 4,907   6,737 1,190
Depreciation and amortization 33,863 35,558 68,390 69,897
Amortization of intangibles from acquisitions 1,226 1,945 2,452 3,924
(Gain) loss on disposition of assets and transfers 2,685 (15,930) 3,434 (16,422)
Total operating expenses 181,067 158,965 357,694 341,186
Income from operations 233 24,316 2,900 28,890
OTHER INCOME (EXPENSE)        
Interest income 132 140 404 586
Interest expense (12,810) (12,337) (24,760) (23,857)
Other expense (591) (578) (3,158) (406)
Other expense (13,269) (12,775) (27,514) (23,677)
INCOME (LOSS) BEFORE INCOME TAXES (13,036) 11,541 (24,614) 5,213
Income tax expense (benefit) (3,776) 204 (3,967) 1,822
NET INCOME (LOSS) (9,260) 11,337 (20,647) 3,391
Net loss attributable to noncontrolling interests, net of tax (benefit) expense of $(0.2) million, ($0.4) million, $(0.4) million and $(0.1) million respectively 2,234 (2,334) 4,693 (701)
NET INCOME (LOSS) ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS $ (7,026) $ 9,003 $ (15,954) $ 2,690
NET INCOME (LOSS) PER WEIGHTED AVERAGE SHARE ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS:        
Basic (in dollars per share) $ (0.56) $ 0.5 $ (1.25)  
Diluted (in dollars per share) $ (0.56) $ 0.5 $ (1.25)  
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 15,223 15,254 15,177 15,346
Diluted (in shares) 15,223 15,255 15,177 15,346
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK (in dollars per share) $ 0.275 $ 0.24 $ 0.515 $ 0.48
Communication services        
REVENUE:        
Total revenue $ 174,874 $ 177,365 $ 348,905 $ 358,633
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 77,165 76,137 155,389 156,527
Construction        
REVENUE:        
Total revenue 2,216 820 3,262 2,406
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):        
Cost of services 2,183 813 3,684 2,382
Other        
REVENUE:        
Total revenue $ 4,210 $ 5,096 $ 8,427 $ 9,037