ATN INTERNATIONAL, INC. ATNI Income Statement

Atn international, inc. (ATNI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUE:
Total Revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	434,443	439,965	-	451,207	451,102	452,096	457,553	481,193	502,023	518,686	495,432	457,003	411,389	369,376	359,711	355,369	360,963	353,574	346,517	336,347	324,863	314,820	303,177	292,835	51,709	45,671	159,541	277,796	128,449	249,483	257,740	262,807	781,213	751,556	0	0	0
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):
Termination and access fees
113,168	112,943	113,881	116,125	116,452	114,478	110,182	110,870	113,535	120,624	143,049	146,854	139,729	126,443	95,682	81,598	77,326	77,806	82,989	82,035	82,223	77,888	84,287	79,078	72,966	70,159	3,591	3,914	29,307	56,814	-3,405	30,924	46,469	57,681	208,108	203,934	0	0	0
Engineering and operations
77,106	77,649	76,527	74,609	73,911	73,031	71,439	72,114	73,083	74,614	77,706	78,226	69,587	60,414	52,978	44,812	42,436	39,582	34,102	30,421	28,980	30,954	23,641	25,625	27,885	27,913	14,050	14,444	27,731	40,018	24,042	34,304	33,732	33,692	86,314	84,042	0	0	0
Sales, marketing and customer service
38,844	38,730	38,286	37,496	36,035	35,207	34,950	34,395	34,711	35,184	34,643	34,580	33,532	30,253	29,150	27,179	24,393	23,898	22,086	21,507	21,905	21,664	20,720	19,263	18,757	18,226	-34,703	-34,774	-8,535	18,981	-14,312	15,354	20,407	20,232	138,207	128,046	0	0	0
Equipment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,303	15,504	14,204	14,803	14,678	14,011	14,451	13,338	13,875	13,500	13,061	13,013	-24,783	-24,203	-4,644	13,381	1,504	12,754	8,847	9,737	82,354	85,560	0	0	0
General and administrative
101,641	100,534	102,279	102,379	102,543	104,267	102,771	104,221	103,478	102,294	104,934	105,128	98,415	90,431	77,793	66,593	61,487	59,436	57,195	54,364	53,357	52,734	49,916	50,920	50,855	49,066	31,839	30,964	38,810	49,625	21,291	33,353	43,162	46,053	108,899	107,345	0	0	0
Transaction-related charges
248	244	2,088	2,245	2,655	2,642	766	649	359	1,009	2,794	4,824	15,086	18,064	20,486	20,931	10,658	7,182	5,471	2,908	3,117	2,959	379	3,016	2,670	2,712	2,673	65	65	7	115	211	527	772	711	11,654	0	0	0
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
90,925	89,125	85,987	84,768	85,132	85,719	85,631	85,404	85,745	86,934	88,972	89,681	83,920	75,980	65,990	58,714	56,693	56,890	57,295	55,547	54,005	51,234	49,971	49,464	48,729	48,737	21,078	21,164	35,551	50,587	40,373	54,664	53,466	51,250	100,878	92,708	0	0	0
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss on disposition of long-lived assets
-2,554	-2,841	10,557	24,185	26,407	26,425	15,962	3,059	726	-101	0	0	0	-	0	0	-	-	-	0	-	-	-	-	-	1,076	0	0	0	-	-	-	-	-	0	-	-	-	-
Loss on damaged assets and other hurricane related charges, net of insurance recovery
-	-	-	-	-	750	37,232	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
427,765	425,345	409,090	394,036	391,104	390,184	359,002	410,385	415,792	425,885	476,645	451,662	442,299	405,733	363,315	320,859	284,374	276,774	270,993	257,970	258,038	250,771	242,789	240,866	234,923	228,750	4,414	2,243	108,954	221,158	72,033	181,592	206,638	219,445	723,074	713,289	0	0	0
Income from operations
18,562	13,377	25,353	45,929	58,928	61,023	92,100	41,711	41,761	55,308	25,378	67,024	53,133	51,270	48,074	48,517	75,337	78,595	89,970	95,604	88,479	85,576	82,074	73,954	68,254	64,085	47,295	43,428	50,587	56,638	56,416	67,891	51,102	43,362	58,139	38,267	0	0	0
OTHER INCOME (EXPENSE)
Interest income
1,578	2,263	2,249	2,403	2,373	1,811	1,948	1,833	1,693	1,613	1,396	1,179	1,177	1,239	1,238	1,072	771	588	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	770	755	0	0	0
Interest expense
4,885	5,010	5,055	5,986	7,050	7,973	9,031	8,900	8,726	8,838	8,255	7,944	6,852	5,362	9,284	6,632	4,785	3,180	-1,003	-151	615	1,208	24,693	17,565	14,863	12,785	-36,789	-26,663	-19,943	-13,709	-18,649	-17,314	-16,961	-16,859	15,945	14,012	0	0	0
Loss on interest rate derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on deconsolidation of subsidiary
-	-	-	-	-	-	-	-	-	-529	0	0	0	-	-	-	-	-19,937	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of an unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,650	1,211	0	0	0
Other expenses
-7,646	-4,558	-831	611	-179	-1,119	-1,416	-822	-269	-1	-4,043	-2,627	-2,272	-1,773	657	-56	117	135	831	1,116	1,153	1,012	230	-334	-394	-271	1,902	2,177	1,818	1,867	-1,296	-1,090	-740	-208	1,058	1,029	0	0	0
Other income (expense), net
-10,953	-7,305	-3,637	-2,972	-4,856	-7,281	-8,499	-7,889	-7,302	-7,755	-11,431	-9,921	-8,476	-5,896	-2,529	-2,486	-2,339	-22,394	-21,458	-20,391	-19,632	592	472	-12,895	-15,657	-17,612	-21,175	-11,069	-11,680	-11,842	-16,010	-16,311	-16,898	-17,067	-12,467	16,007	0	0	0
INCOME BEFORE INCOME TAXES
7,609	6,072	21,716	42,957	54,072	53,742	83,601	33,822	34,459	47,553	13,947	57,103	44,657	45,374	45,545	46,031	72,998	56,201	68,512	75,213	68,847	86,168	82,546	61,059	52,597	46,473	26,120	32,359	38,907	44,796	40,406	51,580	34,204	26,295	45,672	54,274	0	0	0
Income tax provisions
4,001	4,105	8,624	13,800	16,162	18,870	6,838	-1,056	-548	-1,341	8,822	19,308	19,657	21,160	18,659	19,191	29,254	24,137	28,345	27,780	22,110	28,148	20,701	13,613	11,143	9,536	13,220	14,884	17,995	20,831	17,450	24,498	17,571	14,620	21,097	17,873	0	0	0
INCOME FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,064	40,167	47,433	46,737	58,020	61,845	47,446	41,454	36,937	27,819	0	0	-	0	-	-	-	-	-	-	-	-
INCOME FROM DISCONTINUED OPERATIONS:
Gain on sale of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,092	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
NET INCOME
3,608	1,967	13,092	29,157	37,910	34,872	76,763	34,878	35,007	48,894	5,125	37,795	25,000	24,214	27,588	27,542	44,446	33,156	41,659	48,925	48,229	59,122	63,751	352,589	349,688	349,205	343,542	53,802	54,148	53,167	42,100	37,304	26,855	21,897	24,575	36,401	0	0	0
Net loss attributable to non-controlling interests, net of tax:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,989	7,615	0	0	-	0	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	601	966	0	0	-	0	-	-	-	-	-	-	-	-
Disposal of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to non-controlling interests, net of tax expense of $0.3 million and $0.4 million, respectively.
13,847	12,773	13,012	13,440	14,121	15,057	14,574	14,471	15,933	17,406	15,247	15,986	12,160	12,113	13,200	13,749	18,117	16,216	16,271	13,946	11,187	10,970	10,371	39,152	38,907	37,489	36,570	7,088	5,761	4,235	2,137	1,971	237	103	562	-1,080	0	0	0
NET LOSS ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS
-10,239	-10,806	80	15,717	23,789	19,815	62,189	20,407	19,074	31,488	-10,122	21,809	12,840	12,101	14,388	13,793	26,329	16,940	25,388	34,979	37,042	48,152	53,380	313,437	310,781	311,716	306,972	46,714	48,387	48,932	39,963	35,333	26,618	21,794	24,013	37,481	0	0	0
NET LOSS PER WEIGHTED AVERAGE SHARE ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.22	0.41	0.59	-0.23	0.72	1.02	0.72	0.50	1.02	0.10	0.41	0.31	-	0.48	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17.57	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.00	0.00	0.02	-	-	-	-	-	17.45	-	-	-	0.55	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.12	0.16	0.25	-	0.55	-	-	-	-	-	-	-	-
Basic (in dollars per share)
-0.06	-0.62	0.09	-0.05	-0.10	0.07	1.07	0.45	-0.35	2.70	-1.53	0.36	0.42	0.12	0.44	-0.19	0.38	0.27	0.41	0.59	-0.21	0.79	1.02	0.72	0.50	1.17	17.55	0.57	0.56	0.84	1.03	0.68	0.60	0.27	0.74	0.12	0.29	0.41	1.62
NET INCOME PER WEIGHTED AVERAGE DILUTED SHARE ATTRIBUTABLE TO ATN INTERNATIONAL, INC. STOCKHOLDERS:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.22	0.41	0.59	-0.23	0.72	1.01	0.72	0.49	1.02	0.10	0.40	0.31	-	0.47	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17.45	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.00	0.00	0.02	-	-	-	-	-	17.33	-	-	-	0.55	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.12	0.16	0.25	-	0.55	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-0.06	-0.62	0.09	-0.05	-0.10	0.08	1.06	0.45	-0.35	2.69	-1.53	0.36	0.42	0.12	0.44	-0.19	0.38	0.27	0.41	0.59	-0.21	0.79	1.01	0.72	0.49	1.16	17.43	0.56	0.56	0.84	1.02	0.67	0.60	0.27	0.73	0.12	0.29	0.41	1.60
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)
16,001	15,934	16,000	15,997	16,001	16,013	15,958	15,962	16,019	16,022	16,178	16,195	16,157	16,139	16,148	16,145	16,092	16,062	16,049	16,038	15,939	15,924	15,923	15,915	15,830	15,784	15,738	15,706	15,588	15,573	15,560	15,535	15,456	15,405	15,401	15,394	15,384	15,349	15,300
Diluted (in shares)
16,001	15,927	16,007	15,997	16,001	16,118	16,021	16,010	16,019	16,142	16,178	16,274	16,246	16,324	16,241	16,145	16,198	16,314	16,165	16,150	15,939	16,049	16,030	16,023	15,950	15,907	15,845	15,821	15,695	15,662	15,651	15,609	15,554	15,509	15,489	15,497	15,485	15,502	15,478
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK (in dollars per share)
0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.34	0.34	0.34	0.34	0.32	0.32	0.32	0.32	0.29	0.29	0.29	0.29	0.27	0.27	0.27	0.27	0.25	0.25	0.25	0.25	0.23	0.23	0.23	0.23	0.22	0.22	0.22	0.20
Communication services
Total Revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Total Revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wireless
Total revenue
-	-	188,941	186,389	-	198,824	0	218,074	224,124	232,501	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wireline
Total revenue
-	-	236,239	240,333	-	230,225	0	211,231	211,764	227,827	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewable Energy
Total revenue
-	-	9,263	13,243	-	22,158	0	22,791	21,665	20,865	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-