| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Net revenue | |||||||||
540,358 | 553,455 | 570,372 | - | - | - | - | - | - | - |
Net revenue | |||||||||
- | - | - | 563,356 | 539,449 | 451,033 | 344,953 | 311,898 | 9,129 | - |
Operating expenses: | |||||||||
Cost of services | |||||||||
128,939 | 119,193 | 115,236 | - | - | - | - | - | - | - |
Cost of services | |||||||||
- | - | - | 110,246 | 93,600 | 74,136 | 49,978 | 40,699 | 1,422 | - |
Selling, general and administrative, including stock-based and long-term incentive compensation | |||||||||
130,637 | 167,887 | 125,892 | 121,418 | 102,109 | 92,002 | 73,868 | 77,364 | 30,314 | 27,451 |
Radio conversion costs | |||||||||
0 | 450 | 18,422 | 14,369 | 1,113 | 0 | - | - | - | - |
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets | |||||||||
211,639 | 236,788 | 246,753 | 258,668 | 253,403 | 208,760 | 163,468 | 159,619 | 5,980 | - |
Depreciation | |||||||||
11,457 | 8,844 | 8,435 | 10,444 | 10,145 | 8,941 | 8,404 | 7,052 | 3,067 | 4,259 |
Loss on goodwill impairment | |||||||||
563,549 | 0 | 0 | - | - | - | - | - | - | - |
Restructuring charges | |||||||||
- | - | - | - | 952 | 1,111 | 0 | 4,258 | 4,604 | 695 |
Gain on disposal of operating assets, net | |||||||||
0 | 21,217 | 0 | 1,156 | 71 | 5,473 | 8,670 | -565 | 2,768 | -152 |
Loss on pension plan settlements | |||||||||
- | - | - | - | - | - | -6,571 | - | - | - |
Impairment of assets held for sale | |||||||||
- | - | - | - | - | - | 1,692 | - | - | - |
Total operating expenses | |||||||||
1,046,221 | 511,945 | 514,738 | 513,989 | 461,251 | 379,477 | 295,311 | 289,557 | 42,619 | 32,557 |
Operating income (loss) | |||||||||
-505,863 | 41,510 | 55,634 | 49,367 | 78,198 | 71,556 | 49,642 | 22,341 | -33,490 | -32,557 |
Other expense (income), net: | |||||||||
Interest income | |||||||||
2,439 | 2,446 | 2,282 | 2,904 | 3,590 | 3,752 | 4,011 | 671 | 3,638 | 2,676 |
Interest expense | |||||||||
191,202 | 152,257 | 132,269 | 123,743 | 117,464 | 95,836 | 71,467 | 42,856 | 2,672 | 102 |
Realized and unrealized (gain) loss, net on derivative financial instruments | |||||||||
-3,151 | 0 | 0 | - | - | - | -2,044 | -10,601 | -1,682 | - |
Refinancing expense | |||||||||
13,356 | 0 | 9,500 | 3,723 | 0 | 0 | 6,245 | - | - | - |
Other income, net | |||||||||
1,478 | 242 | -140 | -4,536 | 1,648 | 2,198 | 3,696 | 4,042 | 975 | 2,899 |
Total other expense (income), net | |||||||||
-203,792 | -149,569 | -139,627 | -129,098 | -112,226 | -89,886 | -72,049 | -48,744 | 259 | 5,473 |
Income (loss) before income taxes | |||||||||
-709,655 | -108,059 | -83,993 | -79,731 | -34,028 | -18,330 | -22,407 | -26,403 | -33,231 | -27,084 |
Income tax expense | |||||||||
-11,611 | -408 | 7,251 | 6,505 | 3,420 | 3,270 | 2,594 | 2,498 | 270 | 28,721 |
Net income (loss) | |||||||||
-698,044 | -107,651 | -91,244 | -86,236 | -37,448 | -21,600 | -25,001 | -28,901 | -33,501 | -55,805 |
Income tax expense from discontinued operations | |||||||||
- | - | - | - | - | 40 | 606 | 47 | 1,816 | -9,590 |
Income from discontinued operations, net of income tax of $0 | |||||||||
0 | 92 | 0 | 2,852 | -304 | 129 | -4,348 | 48,789 | -13,893 | 2,908 |
Income from discontinued operations, net of income tax of $0 | |||||||||
- | - | - | - | - | 169 | -3,742 | 48,836 | -12,077 | -6,682 |
Net loss | |||||||||
-698,044 | -107,559 | -91,244 | -83,384 | -37,752 | -21,471 | -29,349 | - | - | - |
Net income (loss) | |||||||||
- | - | - | - | - | - | - | 19,888 | -47,394 | -52,897 |
Other comprehensive income (loss): | |||||||||
Foreign currency translation adjustments | |||||||||
758 | 782 | -1,032 | -293 | -382 | 121 | 256 | -2,950 | 4,026 | 4,693 |
Unrealized holding loss on marketable securities, net | |||||||||
-3,900 | 2,828 | 1,956 | 904 | -3,286 | -1,169 | 2,543 | 124 | -1,352 | 1,352 |
Unrealized gain (loss) on derivative contracts, net | |||||||||
14,378 | 1,582 | 4,589 | - | - | - | - | - | - | - |
Unrealized gain (loss) on derivative contracts, net | |||||||||
- | - | - | -8,741 | -4,879 | 12,317 | -12,243 | - | - | - |
Pension liability adjustment | |||||||||
- | - | - | - | - | - | -4,690 | -863 | 1,870 | 1,709 |
Total other comprehensive income (loss), net of tax | |||||||||
11,236 | 5,192 | 5,513 | -8,130 | -8,547 | 11,269 | -4,754 | -1,963 | 804 | 4,336 |
Comprehensive income (loss) | |||||||||
-686,808 | -102,367 | -85,731 | -91,514 | -46,299 | -10,202 | -34,103 | 17,925 | -46,590 | -48,561 |
Basic earnings (loss) per share: | |||||||||
Net loss (in dollars per share) | |||||||||
-56.54 | -8.83 | -7.44 | -6.66 | -2.75 | -1.55 | -1.78 | -2.03 | -2.36 | -3.97 |
Discontinued operations (in dollars per share) | |||||||||
0.00 | 0.01 | 0.00 | 0.22 | -0.02 | 0.01 | -0.31 | 3.43 | -0.98 | 0.21 |
Net loss (in dollars per share) | |||||||||
-56.54 | -8.82 | -7.44 | -6.44 | -2.77 | -1.54 | -2.09 | 1.40 | -3.34 | -3.76 |