XML 37 R33.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Summary of Significant Accounting Policies (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Accounting Policies [Abstract] |
Summary of Impact of Revision to Specific Line Items in Condensed Consolidated Balance Sheets, Statements of (Loss) Income, Comprehensive Loss and Condensed Consolidated Statement of Changes in Equity | The following table reflects the impact of the revision to the specific line items presented in the Company’s previously reported Condensed Consolidated Balance Sheet and the Condensed Consolidated Statement of Changes in Equity as of December 31, 2022:
|  | December 31, 2022 |
(In thousands) |  | As Reported |  |  | Adjustment |  |  | As Revised |
Accumulated Other Comprehensive Income |  | $ | 46,713 |  |  | $ | (20,587 | ) |  | $ | 26,126 |
Non-Controlling Interest |  | $ | 309,072 |  |  | $ | 20,587 |  |  | $ | 329,659 |
Total Equity |  | $ | 1,303,613 |  |  | $ | — |  |  | $ | 1,303,613 |
The following table reflects the impact of the restatement to the specific line items presented in the Company’s previously reported Condensed Consolidated Statements of (Loss) Income and the previously reported Condensed Consolidated Statements of Comprehensive Loss for the three and six months ended June 30, 2023:
|  | For the Three Months Ended June 30, 2023 |  |  | For the Six Months Ended June 30, 2023 |
(In thousands) |  | As Reported |  |  | Adjustment |  |  | As Restated |  |  | As Reported |  |  | Adjustment |  |  | As Restated |
Net Income attributable to non-controlling interest |  | $ | (2,881 | ) |  | $ | 5,763 |  |  | $ | 2,882 |  |  | $ | (8,870 | ) |  | $ | 11,382 |  |  | $ | 2,512 |
Net Loss attributable to ADTRAN Holdings, Inc. |  | $ | (33,334 | ) |  | $ | (5,763 | ) |  | $ | (39,097 | ) |  | $ | (67,798 | ) |  | $ | (11,382 | ) |  | $ | (79,180 | )
Loss per common share attributable to ADTRAN Holdings, Inc. – basic |  | $ | (0.43 | ) |  | $ | (0.07 | ) |  | $ | (0.50 | ) |  | $ | (0.87 | ) |  | $ | (0.14 | ) |  | $ | (1.01 | )
Loss per common share attributable to ADTRAN Holdings, Inc. – diluted |  | $ | (0.43 | ) |  | $ | (0.07 | ) |  | $ | (0.50 | ) |  | $ | (0.87 | ) |  | $ | (0.14 | ) |  | $ | (1.01 | )
Comprehensive Income attributable to non-controlling interest |  | $ | — |  |  | $ | 2,882 |  |  | $ | 2,882 |  |  | $ | 244 |  |  | $ | 2,650 |  |  | $ | 2,894 |
Comprehensive Loss attributable to ADTRAN Holdings, Inc., net of tax |  | $ | (29,258 | ) |  | $ | (2,882 | ) |  | $ | (32,140 | ) |  | $ | (61,173 | ) |  | $ | (2,650 | ) |  | $ | (63,823 | )
The following table reflects the impact of the restatement, in addition to the revision of the December 31, 2022 balances referenced above, to the specific line items presented in the Company’s previously reported Condensed Consolidated Balance Sheets as of June 30, 2023 and the Condensed Consolidated Statement of Changes in Equity for the period ended June 30, 2023:
|  | June 30, 2023 |
(In thousands) |  | As Reported |  |  | Adjustment |  |  | As Restated |
Additional Paid-in Capital |  | $ | 766,428 |  |  | $ | 20,725 |  |  | $ | 787,153 |
Accumulated Other Comprehensive Income |  | $ | 62,208 |  |  | $ | (20,725 | ) |  | $ | 41,483 |
Total Equity |  | $ | 782,470 |  |  | $ | — |  |  | $ | 782,470 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-7 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9 + Details
Name: | us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration