Atn international, inc. (ATNI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
REVENUE:
Total revenue

438,722

451,207

481,193

457,003

355,369

336,347

292,835

277,796

262,807

619,145

242,281

OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):
Termination and access fees

112,943

114,478

120,624

126,443

77,806

77,888

70,159

56,814

57,681

160,554

45,850

Engineering and operations

77,649

73,031

74,614

60,414

39,582

30,954

27,913

40,018

33,692

71,032

28,221

Sales, marketing and customer service

38,730

35,207

35,184

30,253

23,898

21,664

18,226

18,981

20,232

94,661

12,676

Equipment expense

-

-

-

-

14,803

13,338

13,013

13,381

9,737

75,335

3,490

General and administrative

100,534

104,267

102,294

90,431

59,436

52,734

49,066

49,625

46,053

88,783

36,301

Transaction-related charges

244

2,642

1,009

18,064

7,182

2,959

2,712

7

772

13,760

7,163

Restructuring charges

-

515

1,169

-

-

-

-

-

-

-

-

Depreciation and amortization

89,125

85,719

86,934

75,980

56,890

51,234

48,737

50,587

51,250

76,736

38,889

Impairment of long-lived assets

-

-

-

11,425

-

-

-

3,350

2,425

-

-

Bargain purchase gain

-

-

-

7,304

-

-

-

-

-

27,024

-

Goodwill impairment

3,279

0

0

-

-

-

-

-

-

-

-

Loss on disposition of long-lived assets

-2,841

26,425

-101

-27

2,823

-

1,076

11,605

2,397

-

-

Loss on damaged assets and other hurricane related charges, net of insurance recovery

-

750

3,956

-

-

-

-

-

-

-

-

Total operating expenses

425,345

390,184

425,885

405,733

276,774

250,771

228,750

221,158

219,445

580,861

172,590

Income from operations

13,377

61,023

55,308

51,270

78,595

85,576

64,085

56,638

43,362

38,284

69,691

OTHER INCOME (EXPENSE)
Interest income

2,263

1,811

1,613

1,239

588

788

852

-

-

551

1,153

Interest expense

5,010

7,973

8,838

5,362

3,180

1,208

12,785

-13,709

-16,859

9,956

3,706

Loss on interest rate derivative contracts

-

-

-

-

-

-

-5,408

-

-

-

-

Loss on deconsolidation of subsidiary

-

-

-529

-

-19,937

-

-

-

-

-

-

Equity in earnings of an unconsolidated affiliate

-

-

-

-

-

-

-

-

-

743

-

Other expenses

-4,558

-1,119

-1

-1,773

135

1,012

-271

1,867

-208

543

605

Other income (expense), net

-7,305

-7,281

-7,755

-5,896

-22,394

592

-17,612

-11,842

-17,067

18,905

-1,948

INCOME BEFORE INCOME TAXES

6,072

53,742

47,553

45,374

56,201

86,168

46,473

44,796

26,295

57,189

67,743

Income tax provisions

4,105

18,870

-1,341

21,160

24,137

28,148

9,536

20,831

14,620

19,607

31,160

INCOME FROM CONTINUING OPERATIONS

-

-

-

-

32,064

58,020

36,937

23,965

11,675

-

-

INCOME FROM DISCONTINUED OPERATIONS:
Gain on sale of discontinued operations, net of tax

-

-

-

-

-

-

307,102

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

1,092

1,102

312,268

29,202

10,222

-

-

NET INCOME

1,967

34,872

48,894

24,214

33,156

59,122

349,205

53,167

21,897

37,582

36,583

Net loss attributable to non-controlling interests, net of tax:
Continuing operations

-

-

-

-

-

-

7,989

3,145

463

-

-

Discontinued operations

-

-

-

-

-

-

601

1,090

-360

-

-

Disposal of discontinued operations

-

-

-

-

-

-

28,899

-

-

-

-

Net income attributable to non-controlling interests, net of tax expense of $0.3 million and $0.4 million, respectively.

12,773

15,057

17,406

12,113

16,216

10,970

37,489

4,235

103

-872

1,044

NET LOSS ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS

-10,806

19,815

31,488

12,101

16,940

48,152

311,716

48,932

21,794

38,454

35,539

NET LOSS PER WEIGHTED AVERAGE SHARE ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS:
Continuing operations (in dollars per share)

-

-

-

-

0.99

2.96

1.84

1.34

0.47

-

-

Gain on sale of discontinued operations (in dollars per share)

-

-

-

-

-

-

17.72

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

0.07

0.07

18.01

1.81

0.95

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

0.29

1.81

0.95

-

-

Basic (in dollars per share)

-0.68

1.24

1.95

0.75

1.06

3.03

19.85

3.15

1.42

2.51

2.33

NET INCOME PER WEIGHTED AVERAGE DILUTED SHARE ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS:
Continuing operations (in dollars per share)

-

-

-

-

0.99

2.94

1.83

1.33

0.47

-

-

Gain on sale of discontinued operations (in dollars per share)

-

-

-

-

-

-

17.59

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

0.07

0.07

17.88

1.80

0.94

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

0.29

1.80

0.94

-

-

Diluted (in dollars per share)

-0.68

1.24

1.94

0.75

1.06

3.01

19.71

3.13

1.41

2.48

2.32

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)

15,983

15,988

16,138

16,131

16,022

15,898

15,704

15,531

15,396

15,323

15,234

Diluted (in shares)

15,983

16,042

16,210

16,227

16,142

16,013

15,817

15,619

15,495

15,483

15,377

DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK (in dollars per share)

0.68

0.68

1.02

1.32

1.22

1.12

1.04

0.96

0.90

0.84

0.76

Wireless
Total revenue

193,488

198,824

232,501

244,404

-

-

-

-

-

-

-

Wireline
Total revenue

239,700

230,225

227,827

190,598

-

-

-

-

-

-

-

Renewable Energy
Total revenue

5,534

22,158

20,865

22,001

-

-

-

-

-

-

-

Goodwill impairment

3,279

-

-

-

-

-

-

-

-

-

-