Iridium Communications Inc. IRDM Income Statement

Iridium communications inc. (IRDM)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenue:
Total revenue
560,444	523,008	448,046	433,640	411,378	408,557	382,649	383,520	384,307	348,173	75,989
Operating expenses:
Cost of Services, Net
94,958	86,016	80,396	64,958	60,306	62,085	59,346	60,937	71,181	72,579	18,965
Research and development
14,310	22,429	15,247	16,079	16,144	17,587	11,149	15,525	18,684	19,178	5,974
Selling, general and administrative
93,165	97,846	84,405	82,552	81,445	78,636	75,218	67,589	65,682	66,728	17,029
Depreciation and amortization
297,705	218,207	122,266	49,394	51,834	72,769	74,980	81,110	97,646	90,667	22,376
Impairment of goodwill
-	-	-	-	87,039	0	0	-	-	-	-
Total operating expenses
550,324	481,355	346,759	257,269	337,575	285,646	272,755	278,446	307,306	310,813	89,164
Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement
0	0	14,200	0	0	-	-	-	-	-	-
Transaction costs
-	-	-	-	-	-	-	-	-	-	6,163
Operating income (loss)
10,120	41,653	115,476	176,371	73,803	122,911	109,894	105,074	77,001	37,360	-13,175
Other expense, net:
Change in fair value of warrants
-	-	-	-	-	-	-	-	-	-	-34,117
Interest expense, net
-115,396	-55,149	4,328	2,934	3,069	3,640	2,276	1,072	1,200	637	1,226
Loss on Extinguishment of Debt
111,710	7,292	0	-	-	-	-	-	-	-	-
Undrawn credit facility fees
-	-	-	-	3,289	5,825	7,708	10,232	12,524	3,368	0
Other expense, net
-1,133	139	-232	-1,140	-468	-4,274	6,003	-896	-96	-17	26
Total other expense, net
-228,239	-62,302	4,096	1,794	-688	-6,459	571	-10,056	-11,420	-2,748	-32,865
Loss before income taxes
-218,119	-20,649	119,572	178,165	73,115	116,452	110,465	95,018	65,581	34,612	-46,040
Income tax benefit
-56,120	-7,265	-114,284	67,133	65,992	41,463	47,948	30,387	24,546	14,671	-3,801
Net loss
-161,999	-13,384	233,856	111,032	7,123	74,989	62,517	64,631	41,035	19,941	-42,239
Dividends, Preferred Stock, Total
-	-	-	-	-	-	-	-	0	-	-
Series A Preferred Stock dividends
-	-	-	-	-	-	-	-	-	0	-
Net loss attributable to common stockholders
-166,193	-23,533	218,420	95,596	-8,313	62,669	55,517	62,939	41,035	19,941	-
Weighted average shares outstanding - basic
125,167	108,975	97,934	95,967	95,097	88,080	76,909	74,239	72,164	70,289	53,964
Weighted average shares outstanding - diluted
125,167	108,975	128,130	124,875	95,097	109,400	87,511	78,182	73,559	72,956	53,964
Net income (loss) attributable to common stockholders per share - basic
-1.33	-0.22	2.23	1.00	-0.09	0.71	0.72	0.85	0.57	0.28	-0.78
Net income (loss) attributable to common stockholders per share - diluted
-1.33	-0.22	1.82	0.89	-0.09	0.69	0.71	0.83	0.56	0.27	-0.78
Comprehensive loss:
Net loss
-161,999	-13,384	233,856	111,032	7,123	74,989	62,517	64,631	41,035	19,941	-42,239
Foreign currency translation adjustments, net of tax
2,051	-5,017	1,664	3,487	-5,777	-2,325	-322	-132	-315	68	22
Unrealized gain (loss) on marketable securities, net of tax
0	16	-14	130	-366	94	-10	0	0	-	-
Unrealized loss on cash flow hedges, net of tax (see Note 8)
-121	0	0	-	-	-	-	-	-	-	-
Comprehensive loss
-160,069	-18,385	235,506	114,649	980	72,758	62,185	64,499	40,720	20,009	-42,217
Dividends, Preferred Stock [Abstract]
Services
Total revenue
447,158	406,757	349,735	334,822	317,022	309,424	292,092	273,491	262,322	236,351	53,014
Subscriber equipment
Total revenue
82,856	97,848	77,119	74,211	73,615	78,152	73,303	93,866	94,709	90,184	17,293
Cost of Goods and Services Sold
50,186	56,857	44,445	44,286	40,807	54,569	52,062	53,285	54,113	61,661	18,657
Engineering and support services
Total revenue
30,430	18,403	21,192	24,607	20,741	20,981	17,254	16,163	27,276	21,638	5,682
Series A Preferred Stock [Member]
Preferred Stock Dividends Declared And Paid Income Statement Impact
0	1,750	1,750	7,000	-	-	-	-	-	-	-
Preferred stock dividends, undeclared
0	0	5,300	0	-	-	-	-	-	-	-
Series B Preferred Stock [Member]
Preferred Stock Dividends Declared And Paid Income Statement Impact
4,194	2,109	2,109	8,436	-	-	-	-	-	-	-
Preferred stock dividends, undeclared
0	6,300	6,300	0	-	-	-	-	-	-	-