Frontier communications corporation (FTR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue

7,939

8,107

8,289

8,418

8,513

8,611

8,704

8,829

8,971

9,128

9,320

9,593

9,897

8,896

7,900

6,800

5,560

5,576

5,493

5,210

4,989

4,772

4,622

4,667

4,710

4,762

4,813

4,880

4,949

5,011

5,062

5,100

5,164

5,243

5,318

5,430

4,624

3,797

2,965

2,094

0

0

0

Operating expenses:
Network access expenses

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Network access expenses

-

-

-

-

-

-

-

-

-

1,597

1,626

1,676

1,721

1,470

1,218

937

645

640

619

568

513

465

431

427

428

431

429

427

435

441

453

471

482

518

538

554

481

383

297

220

0

0

0

Network related expenses

1,798

1,810

1,826

1,838

1,871

1,898

1,927

1,949

1,948

1,958

1,945

1,974

2,043

1,876

1,717

1,521

1,288

1,287

1,289

1,234

1,180

1,118

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

1,792

1,804

1,787

1,787

1,802

1,815

1,831

1,873

1,944

2,017

2,106

2,201

2,266

2,081

1,876

1,638

1,373

1,346

1,303

1,216

1,150

1,086

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,212

2,211

2,249

2,278

2,344

2,386

1,998

1,611

1,189

768

0

0

0

Depreciation and amortization

1,711

1,780

1,852

1,901

1,933

1,954

1,976

2,044

2,110

2,184

2,232

2,271

2,294

2,031

1,788

1,535

1,295

1,320

1,324

1,260

1,199

1,139

1,098

1,123

1,147

1,170

1,191

1,203

1,213

1,266

1,303

1,357

1,409

1,403

1,414

1,402

1,143

893

644

436

0

0

0

Goodwill impairment

-

-

0

0

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of Northwest Operations

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related costs and integration costs incurred to effect a business combination which costs have been expensed during the period. Acquisition costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees. Integration costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs.

-

-

-

-

-

-

-

-

-

25

64

185

300

436

473

409

317

236

220

204

188

142

0

0

0

-

-

-

-

81

0

0

0

-

-

-

-

-

-

-

0

0

0

Pension settlement costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs and other charges

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Integration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

-

Total operating expenses

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

3,869

3,867

3,919

4,024

4,080

4,213

4,306

4,343

4,409

4,468

3,763

3,025

2,260

1,487

0

0

0

Operating income

-4,940

-4,873

-4,967

-5,026

800

827

-1,047

-692

-1,434

-1,483

542

484

1,170

911

815

758

640

745

736

726

757

820

904

914

956

981

958

1,027

1,029

987

981

886

857

899

908

962

860

771

704

607

0

0

0

Investment and other income (loss), net

0

-

-31

-18

0

-

0

0

0

-

0

-

-

4

18

16

17

7

16

40

39

39

25

2

5

9

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension settlement costs

0

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension settlement costs

-

-

-

-

-

-

-

-

-

83

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

11

1

2

3

4

7

6

7

7

0

0

0

Loss on extinguishment of debt

-

-20

-19

-21

-21

32

32

-56

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

7

8

15

13

18

19

0

0

0

Interest expense

1,539

1,535

1,532

1,539

1,541

1,536

1,525

1,517

1,520

1,534

1,543

1,548

1,546

1,531

1,507

1,367

1,241

1,113

939

863

770

696

673

667

666

667

680

689

694

687

674

667

662

665

667

668

595

521

450

383

0

0

0

Loss before income taxes

-6,662

-6,522

-6,556

-6,620

-807

-705

-2,567

-2,206

-3,040

-3,187

-1,173

-1,230

-433

-623

-681

-593

-584

-361

-187

-97

26

163

257

249

134

163

109

172

263

228

257

165

202

245

252

306

287

270

279

252

0

0

0

Income tax (benefit) expense

-652

-611

-588

-571

-57

-62

-1,114

-1,141

-1,331

-1,383

-318

-333

-171

-250

-285

-263

-253

-165

-108

-74

-17

30

71

69

31

48

32

59

90

75

87

44

70

88

93

140

119

114

117

91

0

0

0

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

76

113

173

153

169

120

131

157

158

166

168

155

161

160

0

0

0

Less: Income attributable to the noncontrolling interest in a partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

5

4

3

3

3

2

0

0

0

Net loss

-6,010

-5,911

-5,968

-6,049

-750

-643

-1,453

-1,065

-1,709

-1,804

-855

-897

-262

-373

-396

-330

-331

-196

0

0

0

-

0

0

0

-

69

101

158

136

154

107

121

149

153

161

164

152

158

157

0

0

0

Less: Dividends on preferred stock

-

-

-

-

-

107

160

214

213

214

214

214

214

214

228

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Income attributable to the noncontrolling interest in a partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

7

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Frontier common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-505

-316

-118

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock but before participating securities; of income (loss) available to common shareholders.

-

-

-5,968

-6,049

-

-750

-1,613

-1,279

-1,922

-2,018

-1,070

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net loss per share attributable to Frontier common shareholders

-

-

-

-

-

-

-

-

-

-

-1.19

-9.20

-

-

-1.73

-1.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net loss per share attributable to Frontier common shareholders

-

-

-

-

-

-

-

-

-

-

-1.19

-9.21

-

-

-1.73

-1.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net loss per share attributable to Frontier common shareholders

-1.78

-1.58

-3.31

-51.07

-0.84

-2.90

-4.11

-0.92

-0.44

-

-

-

-1.67

-

-

-

-0.21

-

-0.07

-0.03

-0.05

0.01

0.04

0.04

0.04

0.06

0.04

-0.04

0.05

-

0.07

0.02

0.03

-

0.02

0.03

0.05

-

0.03

0.11

0.14

0.17

0.09

Net loss attributable to Frontier common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total weighted average shares outstanding - basic and diluted

104

104

104

104

103

99

103

78

77

-

-

-

77

-

-

-

1,164

-

1,161

1,037

994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total weighted average shares outstanding - basic

-

-

-

-

-

-

-

-

-

-

77

77

-

-

77

77

-

-

-

-

-

-

994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total weighted average shares outstanding - diluted

-

-

-

-

-

-

-

-

-

-

77

77

-

-

77

77

-

-

-

-

-

-

997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net income per common share attributable to common shareholders of Frontier (in dollars per share)

-1.78

-1.58

-3.31

-51.07

-0.84

-2.90

-4.11

-0.92

-0.44

-

-

-

-1.67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.11

0.14

0.17

0.09