NII HOLDINGS INC NIHD Income Statement

Nii holdings inc (NIHD)

Income statement / Quarterly

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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Operating revenues
-	-	146,815	-	-	-	181,241	189,182	205,423	225,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service and other revenues
-	-	-	-	-	-	-	-	-	-	243,493	-	255,663	243,122	463,724	234,643	266,487	-	719,477	789,933	864,103	893,125	900,006	980,137	1,039,767	1,214,174	1,283,076	1,196,633	1,341,481	1,342,931	1,543,721	1,519,404	1,667,428	1,670,493	1,546,193	2,223,834	1,359,441	1,280,632	1,217,670	1,173,023	1,078,386	992,140	910,307	1,116,101	1,043,030
Handset and accessory revenues
-	-	-	-	-	-	-	-	-	-	7,462	-	5,173	6,091	12,046	10,139	18,165	-	44,392	47,527	62,624	75,627	55,775	55,398	45,866	45,386	47,763	46,663	65,886	66,493	89,427	79,930	86,785	82,165	82,548	75,765	86,710	71,289	65,476	59,368	64,072	66,725	51,007	66,624	60,924
Total operating revenues
-	-	-	-	-	-	-	-	-	-	250,955	-	260,836	249,213	475,770	244,782	284,652	-	763,869	837,460	926,727	968,752	955,781	1,035,535	1,085,633	1,259,560	1,330,839	1,243,296	1,407,367	1,409,424	1,633,148	1,599,334	1,754,213	1,752,658	1,628,741	2,299,599	1,446,151	1,351,921	1,283,146	1,232,391	1,142,458	1,058,865	961,314	1,182,725	1,103,954
Operating expenses
Cost of service (exclusive of depreciation and amortization included below)
-	-	61,377	-	-	-	84,507	-	91,230	87,842	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of handsets and accessories
-	-	5,081	-	-	-	9,065	-	8,736	13,041	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of service (exclusive of depreciation and amortization included below)
-	-	-	-	-	-	-	-	-	-	102,708	-	96,526	81,910	171,934	100,673	112,179	-	291,593	301,283	320,860	366,909	319,783	255,492	344,549	393,006	399,093	304,537	370,060	391,915	443,031	429,904	465,887	448,734	444,877	591,021	394,795	346,351	349,525	362,038	316,836	289,255	255,899	305,565	284,483
Cost of handsets and accessories
-	-	-	-	-	-	-	-	-	-	8,666	-	5,780	8,861	20,027	18,597	28,307	-	160,070	219,284	218,998	274,059	261,150	235,135	209,487	233,866	206,301	140,403	209,279	214,094	228,690	212,572	225,144	206,456	211,756	242,343	186,793	182,108	172,828	156,931	161,679	165,738	145,249	162,478	158,709
Selling, general and administrative
3,834	4,551	65,329	209,973	4,080	3,889	90,886	107,086	139,004	129,612	134,466	12,689	142,816	135,922	269,333	136,019	168,804	-	333,603	375,669	406,162	483,515	433,712	451,466	460,977	531,798	497,532	620,005	545,551	535,357	561,009	669,661	677,274	620,358	537,684	804,106	502,312	475,258	419,426	423,348	363,904	337,005	315,026	384,056	355,888
Provision for Doubtful Accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,582	-	-	-	27,485	38,458	22,440	34,059	16,503	83,783	43,119	42,070	45,482	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment and restructuring charges
139	0	5,791	16,567	0	31	2,351	14,390	34,794	54,235	71,939	33,577	1,324,205	10,557	16,472	27,593	4,715	-	7,296	-35,093	98,092	160,270	-2,527	21,314	21,341	1,281	124,607	7,088	13,983	9,330	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets and Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75,441	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	5,043	-	-	-	4,134	3,420	2,428	5,717	8,886	-20,294	66,293	29,660	59,770	27,755	36,353	-	116,056	135,667	147,036	170,335	139,018	134,892	161,179	166,072	167,463	102,566	150,706	144,347	160,605	150,823	158,791	157,228	147,316	171,482	132,157	127,084	120,740	116,308	106,112	96,570	86,352	102,882	96,715
Amortization
-	-	3,313	-	-	-	3,591	3,575	3,663	3,618	4,139	-7,061	11,912	11,054	21,049	9,310	11,946	-	20,091	21,748	23,920	18,046	16,935	16,431	15,989	15,542	15,359	14,199	14,415	8,592	9,731	9,411	10,102	10,293	9,123	13,105	7,543	8,097	7,956	7,885	7,630	7,183	6,544	8,907	8,589
Operating expenses
3,973	4,551	145,934	460,028	4,080	3,920	194,534	226,890	279,855	294,065	330,804	27,794	1,647,532	277,964	558,585	319,947	362,304	-	928,709	1,019,368	1,139,627	1,473,134	1,168,071	1,114,730	1,213,522	1,341,565	1,410,355	1,058,127	1,347,113	1,345,705	1,448,548	1,472,371	1,537,198	1,443,069	1,350,756	1,981,258	1,223,600	1,138,898	1,070,475	1,066,510	956,161	895,751	809,070	963,888	904,384
Operating loss
-3,973	-4,551	881	-20,572	-4,080	-3,920	-13,293	-37,708	-74,432	-68,931	-79,849	-28,567	-1,386,696	-28,751	-82,815	-75,165	-77,652	-	-164,840	-181,908	-212,900	-504,382	-212,290	-79,195	-127,889	-82,005	-79,516	185,169	60,254	63,719	184,600	126,963	217,015	309,589	277,985	318,341	222,551	213,023	212,671	165,881	186,297	163,114	152,244	218,837	199,570
Other (expense) income
Interest expense, net
3,018	2,902	29,322	72,566	1,341	0	26,606	27,360	33,278	26,405	31,562	4,697	29,451	27,181	52,403	26,685	28,878	-	56,695	58,468	130,292	120,394	140,191	131,709	134,917	150,242	109,662	86,549	103,880	80,753	88,613	49,273	94,890	96,519	81,428	49,277	83,458	93,274	85,726	195,318	-58,551	42,113	44,596	53,219	50,805
Interest income
-	-	3,769	-	-	-	5,386	5,551	19,012	7,808	9,136	-2,838	9,199	10,802	20,526	8,603	8,597	-	10,317	20,074	13,495	12,762	20,094	18,570	9,265	8,987	6,505	8,443	13,227	5,925	6,190	9,256	9,158	9,600	6,211	10,324	9,850	8,323	5,599	5,838	3,326	3,769	12,653	16,796	17,588
Foreign currency transaction losses, net
-	-	-1,618	-	-	-	-1,188	-13,468	14,174	-13,352	11,375	-44,518	-5,221	43,356	82,998	6,880	-106,617	-	-93,427	-81,047	-63,002	9,723	3,827	-35,984	-6,117	-104,493	23,225	-20,990	10,730	-38,757	-14,313	2,852	-63,926	15,606	8,494	-64,651	28,406	24,031	-25,083	3,534	45,094	63,552	-7,314	-56,434	37,401
Other income (expense), net
199	2,486	28,129	12,224	-13,217	106	-6,330	-2,381	-10,964	7,635	-1,775	-1,053	-2,073	-2,446	-4,942	-2,103	927	-	9,854	-4,714	943	1,720	-4,670	-4,262	4,490	-8,333	-4,754	-6,058	-7,340	-5,689	-9,010	-20,539	-8,409	-3,991	-4,367	-26,357	-3,530	-3,505	-4,358	-6,566	-1,310	7,210	-1,642	-7,611	-646
Other (expense) income
-2,819	-416	958	-101,191	-14,558	106	-28,738	-37,658	-11,056	-24,314	-12,826	-53,106	-27,546	24,531	46,179	-13,305	-125,971	-	-129,951	-124,155	-178,856	-96,189	-120,940	-153,385	-127,279	-254,081	-84,686	-105,154	-87,263	-119,274	-105,746	-57,704	-158,067	-75,304	-71,090	-129,961	-48,732	-64,425	-109,568	-75,410	-11,441	32,418	-40,899	-100,468	3,538
Loss from continuing operations before reorganization items and income tax provision
-6,792	-4,967	1,839	-121,763	-18,638	-3,814	-42,031	-75,366	-85,488	-93,245	-92,675	-81,673	-1,414,242	-4,220	-36,636	-88,470	-203,623	-	-294,791	-306,063	-391,756	-600,571	-333,230	-232,580	-255,168	-336,086	-164,202	80,015	-27,009	-55,555	78,854	69,259	58,948	234,285	206,895	188,380	173,819	148,598	103,103	90,471	174,856	195,532	111,345	118,369	203,108
Reorganization items (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	150	223	598	677	-2,144	-	13,609	-	58,579	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
0	0	0	0	0	0	0	-569	0	-5,778	0	-776	-2,838	353	369	-5,485	470	-	1,088	33,962	6,418	28,671	5,040	371,325	4,339	48,770	21,618	28,499	34,669	29,711	65,265	66,094	59,251	111,541	107,305	168,151	55,307	73,107	54,641	158,127	-57,874	61,242	40,707	33,939	-54,562
Net (loss) income from continuing operations
-6,792	-4,967	1,839	-121,763	-18,638	-3,814	-42,031	-74,797	-85,488	-87,467	-92,675	-79,926	-1,411,554	-4,796	-37,603	-83,662	-201,949	-	-309,488	-353,047	-456,753	-629,242	-338,270	-603,905	-259,507	-384,856	-185,820	-	-61,678	-85,266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-27,693	-12,151	-2,697	118,426	-31,246	-95,473	-121	-1,562	-92	2,697	-38	1,326	-7,389	-5,075	-8,856	-920	12,528	193,013	-29	-161,814	13,306	5,931	-37,809	-141,898	-40,434	-11,495	-21,684	-	-20,740	-18,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-34,485	-17,118	-858	-3,337	-49,884	-99,287	-42,152	-76,359	-85,580	-84,770	-92,713	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-34,485	-17,118	-858	-3,337	-49,884	-99,287	-42,152	-76,359	-85,580	-84,770	-92,713	-	-1,418,943	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-4,581	-3,608	-5,763	-3,615	-8,866	-27,843	-11,256	-21,678	-24,622	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-29,904	-13,510	4,905	278	-41,018	-71,444	-30,896	-54,706	-60,958	-84,770	-92,713	-78,600	-1,418,943	-9,871	-46,459	-84,582	-189,421	2,050,032	-309,517	-514,861	-443,447	-623,311	-376,079	-745,803	-299,941	-396,351	-207,504	-592,909	-82,418	-103,511	13,589	3,165	-303	122,744	99,590	-17,269	118,512	75,491	48,462	48,092	116,982	134,290	70,638	84,430	148,546
Net loss from continuing operations per common share, basic and diluted (in dollars per share)
-	-	0.02	-	-	-	-0.42	-0.76	-0.85	-0.87	-0.92	368.78	-14.10	0.00	-370.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income from discontinued operations per common share, basic and diluted (in dollars per share)
-	-	-0.03	-	-	-	0.00	-0.01	0.00	0.02	0.00	89.87	-0.07	0.00	-90.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to NII Holdings per common share, basic and diluted (in dollars per share)
-	-	-0.01	-	-	-	-0.42	-0.77	-0.85	-0.85	-0.92	458.65	-14.17	0.00	-460.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common shares outstanding, basic and diluted (shares)
-	-	-	-	-	-	-	100,388	100,383	100,298	100,259	100,227	100,143	100,013	100,009	-	-	-	172,363	-	172,363	172,295	172,105	-	172,438	172,246	171,655	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income from continuing operations per common share, basic (in dollars per share)
-0.07	-0.05	-	-	-0.19	-0.04	-	-	-	-	-	-	-	-	-	-0.84	-2.02	-	-1.80	-2.04	-2.65	-3.65	-1.97	-3.52	-1.51	-2.23	-1.08	-	-0.36	-0.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations per common share, basic (in dollars per share)
-0.27	-0.12	-	-	-0.31	-0.95	-	-	-	-	-	-	-	-	-	0.00	0.12	-	0.00	-0.94	0.08	0.03	-0.22	-0.83	-0.23	-0.07	-0.13	-	-0.12	-0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per common share, basic (in dollars per share)
-0.34	-0.17	-	-	-0.50	-0.99	-	-	-	-	-	-	-	-	-	-0.85	-1.89	-	-1.80	-	-2.57	-3.62	-2.19	-	-1.74	-2.30	-1.21	-	-0.48	-0.60	0.08	0.02	0.00	0.72	0.58	-0.13	0.70	0.45	0.29	-	0.70	-	0.43	0.51	0.89
Net (loss) income from continuing operations per common share, diluted (in dollars per share)
-0.07	-0.05	-	-	-0.19	-0.04	-	-	-	-	-	-	-	-	-	-0.84	-2.02	-	-	-	-	-	-	-	-	-	-	-	-	-0.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations per common share, diluted (in dollars per share)
-0.27	-0.12	-	-	-0.31	-0.95	-	-	-	-	-	-	-	-	-	0.00	0.12	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per common share, diluted (in dollars per share)
-0.34	-0.17	-	-	-0.50	-0.99	-	-	-	-	-	-	-	-	-	-0.85	-1.89	-	-	-	-	-	-	-	-	-	-	-	-	-0.60	0.08	0.02	0.00	0.71	0.58	-0.10	0.68	0.44	0.28	-	0.69	-	0.43	0.50	0.86
Weighted average number of common shares outstanding, basic and diluted (shares)
102,043	101,628	101,390	-	100,592	100,391	100,385	-	-	-	-	-	-	-	-	100,000	100,000	-	-	-	-	-	-	-	-	-	-	171,654	171,632	171,529	171,181	171,174	171,135	170,381	169,692	179,083	168,645	167,859	166,817	166,326	166,080	165,980	165,782	165,696	166,907
Weighted average number of common shares outstanding, diluted (shares)
102,043	101,628	103,235	-	100,592	100,391	100,385	-	-	-	-	-	-	-	-	100,000	100,000	-	-	-	-	-	-	-	-	-	-	-	-	171,529	171,983	172,213	171,135	172,963	172,535	174,160	175,303	171,186	170,475	182,506	174,195	173,312	166,043	174,415	175,757
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-7,568	-	-	105,489	188,993	16,091	-264,932	-	-235,248	-177,741	-216,109	44,584	8,419	-116,585	-20,129	-275,632	77,453	-36,367	56,221	-298,113	180,670	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	246,202	-2,440	75,532	-	195,700	417,533	-9,152	-	-
Comprehensive loss, net of income taxes
Foreign currency translation adjustment
15,939	-3,419	820	-	7,386	34,569	1,549	-	-9,516	12,386	-	-	-18,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-290,928	240,601
Reclassification for gains on derivatives included in other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	64
Unrealized (losses) gains on derivatives, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	289
Other comprehensive income
15,939	-3,419	820	-	7,386	34,569	1,549	-	-9,516	12,386	-7,568	-	-18,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-290,888	-
Reclassification adjustment for sales of Nextel Mexico and Nextel Argentina
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,672	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	105,489	188,993	-	-261,870	450,895	-231,885	-	-249,564	45,019	7,850	-	-15,898	-277,499	75,528	-	55,562	-298,444	179,341	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128,175	-78,188	28,793	-	79,559	281,849	-80,156	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-485	257	-1,723	-	-841	1,394	366	-	-
Other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-551,751	102,400	75,262	-	127,690	-77,931	27,070	-	78,718	283,243	-79,790	-	240,954
Net loss attributable to NII Holdings
-29,904	-13,510	4,905	278	-41,018	-71,444	-30,896	-54,706	-60,958	-84,770	-92,713	-78,600	-1,418,943	-9,871	-46,459	-84,582	-189,421	2,050,032	-309,517	-514,861	-443,447	-623,311	-376,079	-745,803	-299,941	-396,351	-207,504	-592,909	-82,418	-103,511	13,589	3,165	-303	122,744	99,590	-17,269	118,512	75,491	48,462	48,092	116,982	134,290	70,638	84,430	148,546
Reclassification adjustment for sale of Nextel Argentina, Nextel Mexico and Nextel Chile (Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,885	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-555,137	103,377	74,750	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,734	-	3,363	-840	430	435	-569	1,818	4,231	-1,867	-1,925	517	-659	-331	-1,329	-3,263	3,386	-977	512	-	-	-	-	-	-	-	-	-	-
Total comprehensive loss
-13,965	-16,929	5,725	-4,422	-33,632	-36,875	-29,347	-42,648	-70,474	-72,384	-100,281	-185,266	-1,436,974	95,618	142,534	-	-	-	-	-	-	-578,292	-	-	-315,837	-673,850	-131,976	-	-26,856	-401,955	192,930	-85,545	-552,054	225,144	174,852	-	-	-	-	-	-	-	-	-206,458	389,500
Total comprehensive (loss) income attributable to NII Holdings
-13,965	-16,929	5,725	-4,422	-33,632	-36,875	-29,347	-42,648	-70,474	-72,384	-100,281	-185,266	-1,436,974	95,618	142,534	-68,491	-451,291	-	-	-	-693,011	-578,292	-	-860,570	-315,839	-673,850	-131,976	-628,759	-26,856	-401,955	192,930	-85,545	-552,054	225,144	174,852	-	-	-	-	-	-	-	-	-206,458	389,500
Service and other revenues
Operating revenues
-	-	146,015	-	-	-	176,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Handset and accessory revenues
Operating revenues
-	-	800	-	-	-	5,041	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-